Other Financial Data (Tables)

3 Months Ended

Apr. 04, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Other charges (income) included in Operating earnings consist of the following:



	Three Months Ended
	April 4, 2015		March 29, 2014
Other charges (income):
Intangibles amortization	$	2	$	1
Reorganization of business	12		9
Gain on sale of building and land	—		(21		)
	$	14	$	(11	)

Other Income (Expense)

Interest expense, net, and Other, both included in Other income (expense), consist of the following:



	Three Months Ended
	April 4, 2015			March 29, 2014
Interest income (expense), net:
Interest expense	$	(43	)	$	(30	)
Interest income	3			5
	$	(40	)	$	(25	)
Other:
Foreign currency gain (loss)	$	18		$	(1	)
Loss on derivative instruments	(17		)	(1		)
Other	2			2
	$	3		$	—

Earnings Per Common Share

The computation of basic and diluted earnings per common share is as follows:



	Amounts attributable to Motorola Solutions, Inc. common stockholders
	Earnings from Continuing Operations, net of tax				Net Earnings
Three Months Ended	April 4, 2015		March 29, 2014		April 4, 2015		March 29, 2014
Basic earnings per common share:
Earnings	$	87	$	85	$	74	$	127
Weighted average common shares outstanding	215.3		254.1		215.3		254.1
Per share amount	$	0.40	$	0.33	$	0.34	$	0.50
Diluted earnings per common share:
Earnings	$	87	$	85	$	74	$	127
Weighted average common shares outstanding	215.3		254.1		215.3		254.1
Add effect of dilutive securities:
Share-based awards	2.5		4.2		2.5		4.2
Diluted weighted average common shares outstanding	217.8		258.3		217.8		258.3
Per share amount	$	0.40	$	0.33	$	0.34	$	0.49

Investments

Investments consist of the following:



April 4, 2015	Cost Basis		Unrealized Gains		Investments
Available-for-sale securities:
Government, agency, and government-sponsored enterprise obligations	$	37	$	—	$	37
Corporate bonds	9		—		9
Common stock	—		17		17
	46		17		63
Other investments, at cost	200		—		200
Equity method investments	22		—		22
	$	268	$	17	$	285



December 31, 2014	Cost Basis		Unrealized Gains		Investments
Available-for-sale securities:
Government, agency, and government-sponsored enterprise obligations	$	14	$	—	$	14
Corporate bonds	16		—		16
Mutual funds	2		—		2
Common stock	1		70		71
	33		70		103
Other investments, at cost	191		—		191
Equity method investments	22		—		22
	$	246	$	70	$	316

Accounts Receivable, Net

Accounts receivable, net, consists of the following:



	April 4, 2015			December 31, 2014
Accounts receivable	$	1,120		$	1,444
Less allowance for doubtful accounts	(36		)	(35		)
	$	1,084		$	1,409

Inventories, Net

Inventories, net, consist of the following:



	April 4, 2015			December 31, 2014
Finished goods	$	178		$	163
Work-in-process and production materials	336			313
	514			476
Less inventory reserves	(133		)	(131		)
	$	381		$	345

Other Current Assets

Other current assets consist of the following:



	April 4, 2015		December 31, 2014
Costs and earnings in excess of billings	$	367	$	417
Tax-related refunds receivable	90		103
Zebra receivable for cash transferred	—		49
Other	193		171
	$	650	$	740

Property, Plant And Equipment, Net

Property, plant and equipment, net, consists of the following:



	April 4, 2015			December 31, 2014
Land	$	17		$	18
Building	557			559
Machinery and equipment	1,658			1,672
	2,232			2,249
Less accumulated depreciation	(1,702		)	(1,700		)
	$	530		$	549

Other Assets

Other assets consist of the following:



	April 4, 2015		December 31, 2014
Intangible assets, net	$	38	$	23
Long-term receivables	26		31
Other	93		91
	$	157	$	145

Accrued Liabilities

Accrued liabilities consist of the following:



	April 4, 2015		December 31, 2014
Deferred revenue	$	339	$	355
Compensation	158		190
Billings in excess of costs and earnings	344		358
Tax liabilities	49		91
Dividend payable	72		75
Other	574		637
	$	1,536	$	1,706

Other Liabilities

Other liabilities consist of the following:



	April 4, 2015		December 31, 2014
Defined benefit plans	$	1,563	$	1,611
Postretirement Health Care Benefit Plan	42		49
Deferred revenue	141		139
Unrecognized tax benefits	51		54
Other	165		158
	$	1,962	$	2,011

Changes in 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 months ended April 4, 2015 and March 29, 2014:



	Three Months Ended
	April 4, 2015			March 29, 2014
Foreign Currency Translation Adjustments
Balance at beginning of period	$	(204	)	$	(96	)
Other comprehensive income (loss) before reclassification adjustment	(27		)	3
Tax expense (benefit)	1			(1		)
Other comprehensive income (loss), net of tax	(26		)	2
Balance at end of period	$	(230	)	$	(94	)
Net loss on derivative instruments
Balance at beginning and end of period	$	—		$	(1	)
Unrealized Gains and Losses on Available-for-Sale Securities:
Balance at beginning of period	$	44		$	(2	)
Other comprehensive loss before reclassification adjustment	(7		)	—
Tax expense	3			2
Other comprehensive income (loss) before reclassification adjustment, net of tax	(4		)	2
Reclassification adjustment into Gains on Sales of investments and businesses, net	(46		)	—
Tax expense	17			—
Reclassification adjustment into Gains on sales of investments and businesses, net of tax	(29		)	—
Other comprehensive income (loss), net of tax	(33		)	2
Balance at end of period	$	11		$	—
Defined Benefit Plans
Balance at beginning of period	(1,695		)	(2,188		)
Reclassification adjustment - Actuarial net losses into Selling, general, and administrative expenses	19			29
Reclassification adjustment - Prior service benefits into Selling, general, and administrative expenses	(17		)	(10		)
Tax benefit	(1		)	(6		)
Reclassification adjustment into Selling, general, and administrative expenses, net of tax	1			13
Balance at end of period	$	(1,694	)	$	(2,175	)

Total Accumulated other comprehensive loss	$	(1,913	)	$	(2,270	)