v3.26.3
Other Financial Data (Tables)
9 Months Ended
Oct. 03, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Charges (Income)
Other charges included in Operating earnings consist of the following:
Three Months EndedNine Months Ended
October 3, 2026September 27, 2025October 3, 2026September 27, 2025
Other charges (income):
Intangibles amortization (Note 15)$97 $66 $282 $142 
Contingent earnout adjustment (Note 10)87 — 178 — 
Acquisition-related transaction fees29 55 42 63 
Reorganization of business (Note 14)10 12 30 33 
Legal settlements1 2 5 7 
Operating lease asset impairments— 1 5 1 
Fixed asset impairments— — 1 — 
Gain on Hytera litigation(13)(74)(73)(94)
$211 $62 $470 $152 
Other Income (Expense)
Interest expense, net, and Other, net, both included in Other income (expense), consist of the following: 
Three Months EndedNine Months Ended
October 3, 2026September 27, 2025October 3, 2026September 27, 2025
Interest, net:
Interest expense$(116)$(103)$(338)$(243)
Interest income9 17 23 51 
$(107)$(86)$(315)$(192)
Other, net:
Net periodic pension and postretirement benefit (Note 8)$25 $31 $76 $92 
Investment impairments— (2)— (2)
Foreign currency gain (loss)(4)4 31 (57)
Gain (loss) on derivative instruments (Note 6)(3)(6)(47)41 
Fair value adjustments to equity investments(9)8 (1)21 
Other(1)6 5 5 
$8 $41 $64 $100 
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 EndedNine Months Ended
October 3, 2026September 27, 2025October 3, 2026September 27, 2025
Basic earnings per common share:
Earnings$512 $562 $1,435 $1,505 
Weighted average common shares outstanding165.5 166.6 165.7 166.8 
Per share amount$3.09 $3.37 $8.66 $9.02 
Diluted earnings per common share:
Earnings$512 $562 $1,435 $1,505 
Weighted average common shares outstanding165.5 166.6 165.7 166.8 
Add effect of dilutive securities:
Share-based awards1.9 2.4 1.8 2.4 
Diluted weighted average common shares outstanding167.4 169.0 167.5 169.2 
Per share amount$3.06 $3.33 $8.57 $8.89 
Accounts Receivable, Net
Accounts receivable, net, consists of the following: 
October 3, 2026December 31, 2025
Accounts receivable$2,530 $2,283 
Less allowance for credit losses(89)(83)
$2,441 $2,200 
Inventories, Net
Inventories, net, consist of the following: 
October 3, 2026December 31, 2025
Finished goods$623 $455 
Work-in-process and production materials1,051 644 
1,674 1,099 
Less inventory reserves(163)(116)
$1,511 $983 
Other Current Assets
Other current assets consist of the following: 
October 3, 2026December 31, 2025
Current contract cost assets (Note 2)$102 $72 
Contractor receivables12 19 
Tax-related deposits37 41 
Other301 246 
$452 $378 
Property, Plant and Equipment, Net
Property, plant and equipment, net, consist of the following:
October 3, 2026December 31, 2025
Land$5 $5 
Leasehold improvements517 479 
Machinery and equipment2,809 2,655 
3,331 3,139 
Less accumulated depreciation(2,128)(1,974)
$1,203 $1,165 
Investments
Investments consist of the following:
October 3, 2026December 31, 2025
Common stock$28 $42 
Strategic investments167 54 
Company-owned life insurance policies90 83 
Equity method investments7 8 
$292 $187 
Other Assets Other assets consist of the following:
October 3, 2026December 31, 2025
Defined benefit plan assets (Note 8)$276 $228 
Non-current contract cost assets (Note 2)157 152 
Non-current long-term receivables (Note 11)46 59 
Other55 52 
$534 $491 
Accrued Liabilities
Accrued liabilities consist of the following: 
October 3, 2026December 31, 2025
Compensation$403 $479 
Tax liabilities (Note 7)94 225 
Dividend payable201 201 
Trade liabilities203 194 
Operating lease liabilities (Note 3)145 133 
Customer reserves119 125 
External interest liabilities108 113 
Contingent earnout consideration (Note 10)132 — 
Other434 460 
$1,839 $1,930 
Other Liabilities
Other liabilities consist of the following: 
October 3, 2026December 31, 2025
Defined benefit plans (Note 8)$583 $683 
Non-current contract liabilities (Note 2)929 751 
Unrecognized tax benefits (Note 7)35 41 
Deferred income taxes (Note 7)154 124 
Environmental reserve119 119 
Deferred compensation127 111 
Contingent earnout consideration (Note 10)82 37 
Other137 134 
$2,166 $2,000 
Accumulated Other Comprehensive Loss
The following table displays the changes in Accumulated other comprehensive loss, including amounts reclassified into income, and the affected line items in the Condensed Consolidated Statements of Operations during the three and nine months ended October 3, 2026 and September 27, 2025:
Three Months EndedNine Months Ended
October 3, 2026September 27, 2025October 3, 2026September 27, 2025
Foreign Currency Translation Adjustments:
Balance at beginning of period$(480)$(428)$(445)$(546)
Other comprehensive income (loss) before reclassification adjustment6 (11)(31)104 
Reclassification adjustment into Net earnings(1)(2)$(3)$(4)
Tax benefit (expense)(1)— 3 5 
Other comprehensive income (loss), net of tax4 (13)(31)105 
Balance at end of period$(476)$(441)$(476)$(441)
Derivative Instruments:
Balance at beginning of period$(6)$(7)$(6)$(7)
Other comprehensive income before reclassification adjustment3 — 3 — 
Other comprehensive income before reclassification adjustment, net of tax3 — 3 — 
Other comprehensive income, net of tax3 — $3 $— 
Balance at end of period$(3)$(7)$(3)$(7)
Defined Benefit Plans:
Balance at beginning of period$(1,939)$(1,977)$(1,969)$(1,986)
Other comprehensive income (loss) before reclassification adjustment— — 10 (8)
Tax expense (benefit)— — (3)2 
Other comprehensive income (loss) before reclassification adjustment, net of tax— — 7 (6)
Reclassification adjustment - Actuarial net losses into Other income (Note 8)15 10 44 28 
Reclassification adjustment - Prior service benefits into Other income (Note 8)(1)— — — 
Tax expense(3)(2)(10)(5)
Reclassification adjustments into Net earnings, net of tax11 8 34 23 
Other comprehensive income, net of tax11 8 41 17 
Balance at end of period$(1,928)$(1,969)$(1,928)$(1,969)
Total Accumulated other comprehensive loss$(2,407)$(2,417)$(2,407)$(2,417)