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Discontinued Operations
12 Months Ended
Dec. 31, 2012
Discontinued Operations

Note 8.    Discontinued Operations

In December 2012, we entered into an agreement with Arris Group, Inc. and certain other persons providing for the disposition of the Motorola Home business for total consideration of approximately $2.35 billion in cash and common stock, subject to certain adjustments. The transaction is expected to close in 2013. Financial results of the Motorola Home business are presented as net loss from discontinued operations on the Consolidated Statements of Income.

The following table presents financial results of the Motorola Home business for the period from May 22, 2012 to December 31, 2012 (in millions):

 

Revenues

   $ 2,028   

Loss from discontinued operations before income taxes

     (22

Provision for income taxes

     (29

Net loss from discontinued operations

   $ (51