v3.26.1
Other Financial Data (Tables)
 6 Months Ended
Jul. 04, 2026
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
July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Other charges (income):
Intangibles amortization (Note 15)$95 $39 $185 $76 
Contingent earnout adjustment (Note 10)16 — 91 — 
Reorganization of business (Note 14)10 8 20 20 
Acquisition-related transaction fees5 2 13 8 
Operating lease asset impairments3 — 5 — 
Legal settlements3 1 4 5 
Fixed asset impairments1 — 1 — 
Gain on Hytera litigation(20)(10)(60)(20)
$113 $40 $259 $89 
Other Income (Expense)
Interest expense, net, and Other, net, both included in Other income (expense), consist of the following: 
Three Months EndedSix Months Ended
July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Interest, net:
Interest expense$(109)$(71)$(221)$(140)
Interest income6 16 13 34 
$(103)$(55)$(208)$(106)
Other, net:
Net periodic pension and postretirement benefit (Note 8)$25 $30 $52 $61 
Foreign currency gain (loss)11 (42)35 (62)
Gain (loss) on derivative instruments (Note 6)(17)34 (44)48 
Fair value adjustments to equity investments13 18 8 13 
Other4 3 5 (1)
$36 $43 $56 $59 
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
July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Basic earnings per common share:
Earnings$557 $513 $923 $943 
Weighted average common shares outstanding165.8 166.8 165.8 166.8 
Per share amount$3.36 $3.08 $5.57 $5.65 
Diluted earnings per common share:
Earnings$557 $513 $923 $943 
Weighted average common shares outstanding165.8 166.8 165.8 166.8 
Add effect of dilutive securities:
Share-based awards1.4 2.0 1.8 2.6 
Diluted weighted average common shares outstanding167.2 168.8 167.6 169.4 
Per share amount$3.33 $3.04 $5.51 $5.57 
Accounts Receivable, Net
Accounts receivable, net, consists of the following: 
July 4, 2026December 31, 2025
Accounts receivable$2,243 $2,283 
Less allowance for credit losses(83)(83)
$2,160 $2,200 
Inventories, Net
Inventories, net, consist of the following: 
July 4, 2026December 31, 2025
Finished goods$574 $455 
Work-in-process and production materials892 644 
1,466 1,099 
Less inventory reserves(133)(116)
$1,333 $983 
Other Current Assets
Other current assets consist of the following: 
July 4, 2026December 31, 2025
Current contract cost assets (Note 2)$100 $72 
Contractor receivables16 19 
Tax-related deposits39 41 
Other319 246 
$474 $378 
Property, Plant and Equipment, Net
Property, plant and equipment, net, consist of the following:
July 4, 2026December 31, 2025
Land$5 $5 
Leasehold improvements517 479 
Machinery and equipment2,716 2,655 
3,238 3,139 
Less accumulated depreciation(2,071)(1,974)
$1,167 $1,165 
Investments
Investments consist of the following:
July 4, 2026December 31, 2025
Common stock$36 $42 
Strategic investments167 54 
Company-owned life insurance policies89 83 
Equity method investments8 8 
$300 $187 
Other Assets Other assets consist of the following:
July 4, 2026December 31, 2025
Defined benefit plan assets (Note 8)$259 $228 
Non-current contract cost assets (Note 2)150 152 
Non-current long-term receivables (Note 11)44 59 
Other52 52 
$505 $491 
Accrued Liabilities
Accrued liabilities consist of the following: 
July 4, 2026December 31, 2025
Compensation$305 $479 
Tax liabilities (Note 7)164 225 
Dividend payable200 201 
Trade liabilities175 194 
Operating lease liabilities (Note 3)145 133 
Customer reserves104 125 
External interest liabilities97 113 
Other476 460 
$1,666 $1,930 
Other Liabilities
Other liabilities consist of the following: 
July 4, 2026December 31, 2025
Defined benefit plans (Note 8)$611 $683 
Non-current contract liabilities (Note 2)844 751 
Unrecognized tax benefits (Note 7)35 41 
Deferred income taxes (Note 7)122 124 
Environmental reserve119 119 
Deferred compensation126 111 
Contingent earnout consideration (Note 10)127 37 
Other132 134 
$2,116 $2,000 
Accumulated Other Comprehensive Loss
The following table displays the changes in Accumulated other comprehensive loss, including amounts reclassified into income, and the affected line items in the Condensed Consolidated Statements of Operations during the three and six months ended July 4, 2026 and June 28, 2025:
Three Months EndedSix Months Ended
July 4, 2026June 28, 2025July 4, 2026June 28, 2025
Foreign Currency Translation Adjustments:
Balance at beginning of period$(460)$(505)$(445)$(546)
Other comprehensive income (loss) before reclassification adjustment(23)77 (37)116 
Reclassification adjustment into Net earnings(1)(2)(2)(3)
Tax benefit4 2 4 5 
Other comprehensive income (loss), net of tax(20)77 (35)118 
Balance at end of period$(480)$(428)$(480)$(428)
Derivative Instruments:
Balance at beginning of period$(6)$(7)$(6)$(7)
Other comprehensive income, net of tax— — — — 
Balance at end of period$(6)$(7)$(6)$(7)
Defined Benefit Plans:
Balance at beginning of period$(1,957)$(1,988)$(1,969)$(1,986)
Other comprehensive income (loss) before reclassification adjustment8 4 10 (8)
Tax expense (benefit)(2)(1)(3)2 
Other comprehensive income (loss) before reclassification adjustment, net of tax6 3 7 (6)
Reclassification adjustment - Actuarial net losses into Other income (Note 8)14 9 29 18 
Reclassification adjustment - Prior service benefits into Other income (Note 8)1 — 1 — 
Tax expense(3)(1)(7)(3)
Reclassification adjustments into Net earnings, net of tax12 8 23 15 
Other comprehensive income, net of tax18 11 30 9 
Balance at end of period$(1,939)$(1,977)$(1,939)$(1,977)
Total Accumulated other comprehensive loss$(2,425)$(2,412)$(2,425)$(2,412)