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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands, shares in Millions
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Net sales $ 1,618,000 $ 1,860,000 $ 3,273,000 $ 3,517,000
Costs of sales 852,000 929,000 1,720,000 1,813,000
Gross margin 766,000 931,000 1,553,000 1,704,000
Selling, general and administrative expenses 297,000 351,000 638,000 676,000
Research and development expenditures 161,000 170,000 330,000 333,000
Other charges 90,000 61,000 109,000 116,000
Operating earnings 218,000 349,000 476,000 579,000
Other income (expense):        
Interest expense, net (58,000) (56,000) (109,000) (111,000)
Gains on sales of investments and businesses, net 0 3,000 0 4,000
Other, net 16,000 (21,000) 34,000 (12,000)
Total other expense (42,000) (74,000) (75,000) (119,000)
Net earnings before income taxes 176,000 275,000 401,000 460,000
Income tax expense 40,000 67,000 67,000 100,000
Net earnings 136,000 208,000 334,000 360,000
Less: Earnings attributable to non-controlling interests 1,000 1,000 2,000 2,000
Net earnings attributable to Motorola Solutions, Inc. $ 135,000 $ 207,000 $ 332,000 $ 358,000
Earnings per common share:        
Basic (in USD per share) $ 0.79 $ 1.25 $ 1.95 $ 2.18
Diluted (in USD per share) $ 0.78 $ 1.18 $ 1.90 $ 2.04
Weighted average common shares outstanding:        
Basic (in shares) 170.0 164.9 170.3 164.4
Diluted (in shares) 173.6 176.1 174.8 175.3
Dividends declared (in USD per share) $ 0.64 $ 0.57 $ 0.64 $ 0.57
Products        
Net sales $ 877,000 $ 1,118,000 $ 1,764,000 $ 2,063,000
Costs of sales 413,000 490,000 812,000 934,000
Services        
Net sales 741,000 742,000 1,509,000 1,454,000
Costs of sales $ 439,000 $ 439,000 $ 908,000 $ 879,000