Other Financial Data (Tables)

3 Months Ended

Apr. 01, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

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



	Three Months Ended
	April 1, 2017			April 2, 2016
Other charges:
Intangibles amortization	$	36		$	13
Reorganization of business	15			7
Building impairment	8			—
Non-U.S. pension settlement loss	9			—
Gain on legal settlement	(42		)	—
Acquisition-related transaction fees	1			13
	$	27		$	33

Other Income (Expense)

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



	Three Months Ended
	April 1, 2017			April 2, 2016
Interest income (expense), net:
Interest expense	$	(54	)	$	(53	)
Interest income	3			4
	$	(51	)	$	(49	)
Other:
Foreign currency gain (loss)	(2		)	13
Loss on derivative instruments	(7		)	(12		)
Gains (losses) on equity method investments	(1		)	1
Realized foreign currency loss on acquisition	—			(10		)
Other	2			—
	$	(8	)	$	(8	)

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
Three Months Ended	April 1, 2017		April 2, 2016
Basic earnings per common share:
Earnings	$	77	$	17
Weighted average common shares outstanding	164.2		174.5
Per share amount	$	0.47	$	0.10
Diluted earnings per common share:
Earnings	$	77	$	17
Weighted average common shares outstanding	164.2		174.5
Add effect of dilutive securities:
Share-based awards	3.3		2.5
Senior Convertible Notes	2.4		—
Diluted weighted average common shares outstanding	169.9		177.0
Per share amount	$	0.45	$	0.10

Accounts Receivable, Net

Accounts receivable, net, consists of the following:



	April 1, 2017			December 31, 2016
Accounts receivable	$	1,109		$	1,454
Less allowance for doubtful accounts	(39		)	(44		)
	$	1,070		$	1,410

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



	April 1, 2017			December 31, 2016
Long-term receivables	46			63
Less current portion	(16		)	(14		)
Non-current long-term receivables	$	30		$	49

Inventories, Net

Inventories, net, consist of the following:



	April 1, 2017			December 31, 2016
Finished goods	$	175		$	151
Work-in-process and production materials	298			253
	473			404
Less inventory reserves	(128		)	(131		)
	$	345		$	273

Other Current Assets

Other current assets consist of the following:



	April 1, 2017		December 31, 2016
Available-for-sale securities	$	45	$	46
Costs and earnings in excess of billings	550		495
Tax-related refunds receivable	94		90
Other	140		124
	$	829	$	755

Property, Plant And Equipment, Net

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



	April 1, 2017			December 31, 2016
Land	$	12		$	12
Building	391			306
Machinery and equipment	1,924			1,921
	2,327			2,239
Less accumulated depreciation	(1,507		)	(1,450		)
	$	820		$	789

Investments

Investments consist of the following:



April 1, 2017
Available-for-sale securities:
Government, agency, and government-sponsored enterprise obligations	$	50
Corporate bonds	5
	55
Other investments	213
Equity method investments	14
	$	282
Less: current portion of available-for-sale securities	45
	$	237



December 31, 2016
Available-for-sale securities:
Government, agency, and government-sponsored enterprise obligations	$	51
Corporate bonds	5
	56
Other investments	211
Equity method investments	17
	$	284
Less: current portion of available-for-sale securities	46
	$	238

Other Assets

Other assets consist of the following:



	April 1, 2017		December 31, 2016
Non-current long-term receivables	30		49
Defined benefit plan assets	118		102
Other	49		49
	$	197	200

Accrued Liabilities

Accrued liabilities consist of the following:



	April 1, 2017		December 31, 2016
Deferred revenue	$	473	$	439
Compensation	176		250
Billings in excess of costs and earnings	391		434
Tax liabilities	93		111
Dividend payable	77		77
Trade liabilities	154		180
Other	544		620
	$	1,908	$	2,111

Other Liabilities

Other liabilities consist of the following:



	April 1, 2017		December 31, 2016
Defined benefit plans	$	1,795	$	1,799
Deferred revenue	115		115
Unrecognized tax benefits	39		39
Deferred income taxes	140		121
Deferred consideration (Note 13)	74		72
Other	215		209
	$	2,378	$	2,355

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 1, 2017 and April 2, 2016:



	Three Months Ended
	April 1, 2017			April 2, 2016
Foreign Currency Translation Adjustments:
Balance at beginning of period	$	(494	)	$	(266	)
Other comprehensive income before reclassification adjustment	37			14
Tax expense	(3		)	(1		)
Other comprehensive income, net of tax	34			13
Balance at end of period	$	(460	)	$	(253	)
Available-for-Sale Securities:
Balance at beginning of period	$	—		$	(3	)
Reclassification adjustment into Gains (losses) on sales of investments and businesses, net	—			6
Tax benefit	—			(2		)
Other comprehensive income, net of tax	—			4
Balance at end of period	$	—		$	1
Defined Benefit Plans:
Balance at beginning of period	(1,823		)	(1,597		)
Reclassification adjustment - Actuarial net losses into Selling, general, and administrative expenses	16			10
Reclassification adjustment - Prior service benefits into Selling, general, and administrative expenses	(4		)	(5		)
Reclassification adjustment - Non-U.S. pension settlement loss into Other charges	9			—
Tax benefit	(2		)	(1		)
Other comprehensive income, net of tax	19			4
Balance at end of period	$	(1,804	)	$	(1,593	)

Total Accumulated other comprehensive loss	$	(2,264	)	$	(1,845	)