Other Financial Data (Tables)

9 Months Ended

Oct. 03, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

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



	Three Months Ended				Nine Months Ended
	October 3, 2015		September 27, 2014		October 3, 2015			September 27, 2014
Other charges (income):
Intangibles amortization	$	2	$	1	$	6		$	3
Reorganization of business	14		13		39			48
Legal settlement	—		—		—			8
Non-U.S. pension curtailment gain	—		—		(32		)	—
Pension-related transaction fees	—		11		—			11
Impairment of corporate aircraft	26		—		26			—
Gain on sale of building and land	—		—		—			(21		)
	$	42	$	25	$	39		$	49

Other Income (Expense)

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



	Three Months Ended						Nine Months Ended
	October 3, 2015			September 27, 2014			October 3, 2015			September 27, 2014
Interest income (expense), net:
Interest expense	$	(47	)	$	(38	)	$	(132	)	$	(102	)
Interest income	4			7			10			17
	$	(43	)	$	(31	)	$	(122	)	$	(85	)
Other:
Loss from the extinguishment of long-term debt	$	—		$	(37	)	$	—		$	(37	)
Investment impairments	—			—			(3		)	—
Foreign currency gain (loss)	(29		)	10			$	(23	)	$	2
Gain (loss) on derivative instruments	25			(6		)	13			(8		)
Gains on equity method investments	2			11			6			13
Other	1			(4		)	4			(4		)
	$	(1	)	$	(26	)	$	(3	)	$	(34	)

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	October 3, 2015		September 27, 2014		October 3, 2015		September 27, 2014
Basic earnings per common share:
Earnings	$	126	$	66	$	115	$	147
Weighted average common shares outstanding	199.2		246.3		199.2		246.3
Per share amount	$	0.63	$	0.27	$	0.58	$	0.60
Diluted earnings per common share:
Earnings	$	126	$	66	$	115	$	147
Weighted average common shares outstanding	199.2		246.3		199.2		246.3
Add effect of dilutive securities:
Share-based awards	2.1		1.9		2.1		1.9
Diluted weighted average common shares outstanding	201.3		248.2		201.3		248.2
Per share amount	$	0.63	$	0.27	$	0.57	$	0.59



	Amounts attributable to Motorola Solutions, Inc. common stockholders
	Earnings from Continuing Operations, net of tax				Net Earnings
Nine Months Ended	October 3, 2015		September 27, 2014		October 3, 2015		September 27, 2014
Basic earnings per common share:
Earnings	$	363	$	229	$	331	$	1,098
Weighted average common shares outstanding	207.2		251.1		207.2		251.1
Per share amount	$	1.75	$	0.91	$	1.60	$	4.37
Diluted earnings per common share:
Earnings	$	363	$	229	$	331	$	1,098
Weighted average common shares outstanding	207.2		251.1		207.2		251.1
Add effect of dilutive securities:
Share-based awards	2.0		2.9		2.0		2.9
Diluted weighted average common shares outstanding	209.2		254.0		209.2		254.0
Per share amount	$	1.74	$	0.90	$	1.58	$	4.32

Investments

Investments consist of the following:



October 3, 2015	Cost Basis		Unrealized Gains		Investments
Available-for-sale securities:
Government, agency, and government-sponsored enterprise obligations	$	58	$	1	$	59
Corporate bonds	9		—		9
Common stock	—		15		15
	67		16		83
Other investments, at cost	201		—		201
Equity method investments	8		—		8
	$	276	$	16	$	292



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:



	October 3, 2015			December 31, 2014
Accounts receivable	$	1,247		$	1,444
Less allowance for doubtful accounts	(25		)	(35		)
	$	1,222		$	1,409

Long-term customer financing receivables consist of trade receivables with payment terms greater than twelve months, long-term loans and lease receivables under sales-type leases. Long-term customer financing receivables consist of the following:



	October 3, 2015			December 31, 2014
Long-term receivables	$	28		$	49
Less current portion	(12		)	(18		)
Gross non-current long-term receivables	$	16		$	31

Inventories, Net

Inventories, net, consist of the following:



	October 3, 2015			December 31, 2014
Finished goods	$	153		$	163
Work-in-process and production materials	323			313
	476			476
Less inventory reserves	(142		)	(131		)
	$	334		$	345

Other Current Assets

Other current assets consist of the following:



	October 3, 2015		December 31, 2014
Costs and earnings in excess of billings	$	397	$	417
Tax-related refunds receivable	77		103
Zebra receivable for cash transferred	—		49
Other	100		171
	$	574	$	740

Property, Plant And Equipment, Net

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



	October 3, 2015			December 31, 2014
Land	$	18		$	18
Building	528			559
Machinery and equipment	1,536			1,672
	2,082			2,249
Less accumulated depreciation	(1,615		)	(1,700		)
	$	467		$	549

Other Assets

Other assets consist of the following:



	October 3, 2015		December 31, 2014
Intangible assets, net	$	50	$	23
Long-term receivables	16		31
Other	117		91
	$	183	$	145

Accrued Liabilities

Accrued liabilities consist of the following:



	October 3, 2015		December 31, 2014
Deferred revenue	$	363	$	355
Compensation	216		190
Billings in excess of costs and earnings	357		358
Tax liabilities	59		91
Dividend payable	60		75
Other	527		637
	$	1,582	$	1,706

Other Liabilities

Other liabilities consist of the following:



	October 3, 2015		December 31, 2014
Defined benefit plans	$	1,590	$	1,611
Postretirement Health Care Benefit Plan	47		49
Deferred revenue	116		139
Unrecognized tax benefits	50		54
Other	166		158
	$	1,969	$	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 and nine months ended October 3, 2015 and September 27, 2014:



	Three Months Ended						Nine Months Ended
	October 3, 2015			September 27, 2014			October 3, 2015			September 27, 2014
Foreign Currency Translation Adjustments:
Balance at beginning of period	$	(223	)	$	(81	)	$	(204	)	$	(96	)
Other comprehensive loss before reclassification adjustment	(17		)	(35		)	(35		)	(24		)
Tax benefit	1			1			—			5
Other comprehensive loss, net of tax	(16		)	(34		)	(35		)	(19		)
Balance at end of period	$	(239	)	$	(115	)	$	(239	)	$	(115	)
Derivative instruments:
Balance at beginning of period	$	—		$	—		$	—		$	(1	)
Reclassification adjustment into Cost of sales	—			—			—			1
Tax expense	—			—			—			—
Reclassification adjustment into Cost of sales, net of tax	—			—			—			1
Other comprehensive income, net of tax	—			—			—			1
Balance at end of period	$	—		$	—		$	—		$	—
Unrealized Gains and Losses on Available-for-Sale Securities:
Balance at beginning of period	$	15		$	—		$	44		$	(2	)
Other comprehensive loss before reclassification adjustment	—			—			(2		)	—
Tax benefit	—			—			1			2
Other comprehensive income (loss) before reclassification adjustment, net of tax	—			—			(1		)	2
Reclassification adjustment into Gains on sales of investments and businesses, net	(8		)	—			(54		)	—
Tax expense	3			—			21			—
Reclassification adjustment into Gains on sales of investments and businesses, net of tax	(5		)	—			(33		)	—
Other comprehensive income (loss), net of tax	(5		)	—			(34		)	2
Balance at end of period	$	10		$	—		$	10		$	—
Defined Benefit Plans:
Balance at beginning of period	(1,777		)	(2,164		)	(1,695		)	(2,188		)
Other comprehensive loss before reclassification adjustment	—			(647		)	(53		)	(647		)
Tax benefit	—			294			—			294
Other comprehensive loss before reclassification adjustment, net of tax	—			(353		)	(53		)	(353		)
Reclassification adjustment - Actuarial net losses into Selling, general, and administrative expenses	20			27			56			84
Reclassification adjustment - Prior service benefits into Selling, general, and administrative expenses	(20		)	(16		)	(52		)	(39		)
Reclassification adjustment - Non-U.S. pension curtailment gain into Selling, general, and administrative expenses	—			—			(32		)	—
Tax benefit	—			(4		)	(1		)	(14		)
Reclassification adjustment into Selling, general, and administrative expenses, net of tax	—			7			(29		)	31
Other comprehensive loss, net of tax	—			(346		)	(82		)	(322		)
Balance at end of period	$	(1,777	)	$	(2,510	)	$	(1,777	)	$	(2,510	)

Total Accumulated other comprehensive loss	$	(2,006	)	$	(2,625	)	$	(2,006	)	$	(2,625	)