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Other Financial Data (Tables)
 12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Charges (Income)
Other charges (income) included in Operating earnings consist of the following:
Years ended December 31 (in millions)202320222021
Other charges (income):
Intangibles amortization (Note 15)$177 $257 $236 
Reorganization of businesses (Note 14)22 18 24 
Legal Settlements4 23 3 
Fixed asset impairments3 12 — 
Environmental reserve expense15 — — 
Exit of video manufacturing operations24 — — 
Operating lease asset impairments6 24 10 
Acquisition-related transaction fees7 23 15 
Gain on Hytera legal settlement— (15)— 
Other(1)(3)(2)
 $257 $339 $286 
Other Income (Expense)
Interest expense, net, and Other both included in Other income (expense) consist of the following: 
Years ended December 31 (in millions)202320222021
Interest expense, net:
Interest expense$(249)$(240)$(215)
Interest income33 14 7 
$(216)$(226)$(208)
Other, net:
Net periodic pension and postretirement benefit (Note 8)$99 $123 $123 
Loss from the extinguishment of long-term debt (Note 5)— (6)(18)
Investment impairments(16)(1)— 
Foreign currency gain (loss)(53)37 17 
Gain (loss) on derivative instruments (Note 6)20 (61)(30)
Gains (loss) on equity method investments— (3)5 
Fair value adjustments to equity investments13 (30)(8)
Gain on TETRA Ireland equity method investment— 21 — 
Other5 (3)3 
 $68 $77 $92 
Earnings Per Common Share
Basic and diluted earnings per common share from net earnings attributable to Motorola Solutions, Inc. are computed as follows: 
Amounts attributable to Motorola Solutions, Inc. common stockholders
 Net Earnings
Years ended December 31202320222021
Basic earnings per common share:
Earnings$1,709 $1,363 $1,245 
Weighted average common shares outstanding167.0 167.5 169.2 
Per share amount$10.23 $8.14 $7.36 
Diluted earnings per common share:
Earnings$1,709 $1,363 $1,245 
Weighted average common shares outstanding167.0 167.5 169.2 
Add effect of dilutive securities:
Share-based awards3.7 3.7 4.0 
1.75% senior convertible notes
1.5 0.7 0.4 
Diluted weighted average common shares outstanding172.1 171.9 173.6 
Per share amount$9.93 $7.93 $7.17 
Accounts Receivable, Net
Accounts receivable, net, consists of the following: 
December 3120232022
Accounts receivable$1,779 $1,579 
Less allowance for credit losses(69)(61)
 $1,710 $1,518 
Inventories, Net
Inventories, net, consist of the following: 
December 3120232022
Finished goods$328 $354 
Work-in-process and production materials640 829 
968 1,183 
Less inventory reserves(141)(128)
 $827 $1,055 
Other Current Assets
Other current assets consist of the following:
December 3120232022
Current contract cost assets (Note 2)$56 $61 
Contractor receivables 40 47 
Tax-related deposits (Note 7)32 33 
Other229 242 
 $357 $383 
Property, Plant And Equipment, Net
Property, plant and equipment, net, consist of the following: 
December 3120232022
Land$5 $5 
Leasehold improvements448 456 
Machinery and equipment2,396 2,303 
2,849 2,764 
Less accumulated depreciation(1,885)(1,837)
 $964 $927 
Investments
Investments consist of the following:
December 3120232022
Common stock$28 $21 
Strategic investments, at cost28 45 
Company-owned life insurance policies74 69 
Equity method investments13 12 
 $143 $147 
Other Assets
Other assets consist of the following: 
December 3120232022
Defined benefit plan assets (Note 8)$98 $164 
Non-current contract cost assets (Note 2)119 130 
Other57 16 
 $274 $310 
Accrued Liabilities
Accrued liabilities consist of the following: 
December 3120232022
Compensation$407 $374 
Tax liabilities (Note 7)231 367 
Dividend payable163 148 
Trade liabilities140 145 
Operating lease liabilities (Note 3)125 118 
Customer reserves89 78 
Other349 408 
 $1,504 $1,638 
Other Liabilities
Other liabilities consist of the following: 
December 3120232022
Defined benefit plans (Note 8)$939 $1,004 
Non-current contract liabilities (Note 2)424 363 
Unrecognized tax benefits (Note 7)26 29 
Deferred income taxes (Note 7)55 73 
Environmental Reserve119 108 
Other178 114 
 $1,741 $1,691 
Schedule of Share Repurchase Program
The Company's share repurchases for 2023, 2022, and 2021 can be summarized as follows:
YearShares Repurchased (in millions)Average PriceAmount (in millions)
20232.9 $278.56 $804 
20223.7 225.00 836 
20212.5 208.41 528 
Changes in Accumulated Other Comprehensive Loss
The following table displays the changes in Accumulated other comprehensive loss, including amounts reclassified into income, and the affected line items in the Consolidated Statements of Operations during the years ended December 31, 2023, 2022, and 2021:
Years ended December 31
202320222021
Foreign Currency Translation Adjustments:
Balance at beginning of period$  (539)$(384)$  (360)
Other comprehensive income (loss) before reclassification adjustment61 (156)(30)
Tax benefit (expense)(4)1 6 
Other comprehensive income (loss), net of tax57 (155)(24)
Balance at end of period$(482)$(539)$(384)
Derivative instruments:
Balance at beginning of period$— $— $— 
Other comprehensive income (loss) before reclassification adjustment(12)— — 
Tax benefit— — — 
Other comprehensive income (loss), net of tax(12)— — 
Balance at end of period$(12)$— $— 
Defined Benefit Plans:
Balance at beginning of period$(1,996)$(1,995)$(2,086)
Other comprehensive income (loss) before reclassification adjustment(130)(76)37 
Tax benefit (expense)34 18 (7)
Other comprehensive income (loss) before reclassification adjustment, net of tax(96)(58)30 
Reclassification adjustment - Actuarial net losses into Other income (expense)61 80 89 
Reclassification adjustment - Prior service benefits into Other income (expense)1 (2)(8)
Tax expense(16)(21)(20)
Reclassification adjustments into Net earnings, net of tax46 57 61 
Other comprehensive income (loss), net of tax(50)(1)91 
Balance at end of period$(2,046)$(1,996)$(1,995)
Total Accumulated other comprehensive loss$(2,540)$(2,535)$(2,379)
Supplier Finance Program The following table displays a rollforward of the confirmed amount of supplier finance obligations from January 1, 2023 to December 31, 2023:
(in millions)
2023
Confirmed obligations at the beginning of the year
$37 
Invoices confirmed during the year
114 
Confirmed invoices paid during the year
(116)
Confirmed obligations outstanding at the end of the year
$35