v3.25.2
Other Financial Data (Tables)
 6 Months Ended
Jun. 28, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Charges (Income)
Other charges included in Operating earnings consist of the following:
 Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Other charges (income):
Intangibles amortization (Note 15)$39 $36 $76 $76 
Reorganization of business (Note 14)8 4 20 11 
Operating lease asset impairments— 1 — 4 
Acquisition-related transaction fees2 4 8 7 
Legal settlements1 — 5 6 
Gain on Hytera litigation(10)— (20)— 
 $40 $45 $89 $104 
Other Income (Expense)
Interest expense, net, and Other, net, both included in Other income (expense), consist of the following: 
 Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Interest, net:
Interest expense$(71)$(87)$(140)$(149)
Interest income16 18 34 36 
$(55)$(69)$(106)$(113)
Other, net:
Net periodic pension and postretirement benefit (Note 8)$30 $31 $61 $63 
Loss from the extinguishment of Silver Lake Convertible Debt— — — (585)
Investment impairments— — — (3)
Foreign currency gain (loss)(42)3 (62)4 
Gain (loss) on derivative instruments (Note 6)34 (5)48 (15)
Fair value adjustments to equity investments18 (11)13 (13)
Assessments on uncertain tax positions— (11)— (11)
Other3 (2)(1)— 
 $43 $5 $59 $(560)
Earnings Per Common Share
Basic and diluted earnings per common share from net earnings attributable to Motorola Solutions, Inc. are computed as follows:
 Amounts attributable to Motorola Solutions, Inc. common stockholders
Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Basic earnings per common share:
Earnings$513 $443 $943 $404 
Weighted average common shares outstanding166.8 166.9 166.8 166.5 
Per share amount$3.08 $2.65 $5.65 $2.43 
Diluted earnings per common share:
Earnings$513 $443 $943 $404 
Weighted average common shares outstanding166.8 166.9 166.8 166.5 
Add effect of dilutive securities:
Share-based awards2.0 3.4 2.6 3.8 
Diluted weighted average common shares outstanding168.8 170.3 169.4 170.3 
Per share amount$3.04 $2.60 $5.57 $2.37 
Accounts Receivable, Net
Accounts receivable, net, consists of the following: 
June 28, 2025December 31, 2024
Accounts receivable$1,927 $2,035 
Less allowance for credit losses(75)(83)
 $1,852 $1,952 
Inventories, Net
Inventories, net, consist of the following: 
June 28, 2025December 31, 2024
Finished goods$442 $396 
Work-in-process and production materials544 498 
986 894 
Less inventory reserves(125)(128)
 $861 $766 
Other Current Assets
Other current assets consist of the following: 
June 28, 2025December 31, 2024
Current contract cost assets (Note 2)$69 $70 
Contractor receivables34 44 
Tax-related deposits38 54 
Other274 261 
 $415 $429 
Property, Plant and Equipment, Net
Property, plant and equipment, net, consist of the following:
June 28, 2025December 31, 2024
Land$5 $5 
Leasehold improvements458 441 
Machinery and equipment2,447 2,243 
2,910 2,689 
Less accumulated depreciation(1,840)(1,667)
 $1,070 $1,022 
Investments
Investments consist of the following:
June 28, 2025December 31, 2024
Common stock$36 $23 
Strategic investments57 26 
Company-owned life insurance policies77 75 
Equity method investments10 11 
 $180 $135 
Other Assets Other assets consist of the following:
June 28, 2025December 31, 2024
Defined benefit plan assets$201 $162 
Non-current contract cost assets (Note 2)130 141 
Other96 72 
 $427 $375 
Accrued Liabilities
Accrued liabilities consist of the following: 
June 28, 2025December 31, 2024
Compensation$304 $406 
Tax liabilities161 217 
Dividend payable182 182 
Trade liabilities168 160 
Operating lease liabilities (Note 3)129 127 
Customer reserves90 97 
Other431 454 
 $1,465 $1,643 
Other Liabilities
Other liabilities consist of the following: 
June 28, 2025December 31, 2024
Defined benefit plans (Note 8)$739 $768 
Non-current contract liabilities (Note 2)616 496 
Unrecognized tax benefits (Note 7)38 39 
Deferred income taxes (Note 7)91 87 
Environmental reserve119 119 
Deferred compensation99 89 
Other129 121 
 $1,831 $1,719 
Accumulated Other Comprehensive Loss
The following table displays the changes in Accumulated other comprehensive loss, including amounts reclassified into income, and the affected line items in the Condensed Consolidated Statements of Operations during the three and six months ended June 28, 2025 and June 29, 2024:
Three Months EndedSix Months Ended
June 28, 2025June 29, 2024June 28, 2025June 29, 2024
Foreign Currency Translation Adjustments:
Balance at beginning of period$(505)$(506)$(546)$(482)
Other comprehensive income (loss) before reclassification adjustment75 (2)113 (29)
Tax benefit (expense)2 (1)5 2 
Other comprehensive income (loss), net of tax77 (3)118 (27)
Balance at end of period$(428)$(509)$(428)$(509)
Derivative Instruments:
Balance at beginning of period$(7)$(8)$(7)$(12)
Other comprehensive income before reclassification adjustment— — — 4 
Other comprehensive income before reclassification adjustment, net of tax— — — 4 
Other comprehensive income, net of tax— — $— $4 
Balance at end of period$(7)$(8)$(7)$(8)
Defined Benefit Plans:
Balance at beginning of period$(1,988)$(2,039)$(1,986)$(2,046)
Other comprehensive income (loss) before reclassification adjustment4 — (8)— 
Tax expense (benefit)(1)— 2 — 
Other comprehensive income (loss) before reclassification adjustment, net of tax3 — (6)— 
Reclassification adjustment - Actuarial net losses into Other income (Note 8)9 8 18 17 
Reclassification adjustment - Prior service benefits into Other income (Note 8)— 1 — 1 
Tax expense(1)(2)(3)(4)
Reclassification adjustments into Net earnings, net of tax8 7 15 14 
Other comprehensive income, net of tax11 7 9 14 
Balance at end of period$(1,977)$(2,032)$(1,977)$(2,032)
Total Accumulated other comprehensive loss$(2,412)$(2,549)$(2,412)$(2,549)