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Other Financial Data (Tables)
 3 Months Ended
Apr. 02, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Charges (Income) Other charges (income) included in Operating earnings consist of the following:
 Three Months Ended
April 2, 2022April 3, 2021
Other charges (income):
Intangibles amortization (Note 15)$66 $58 
Reorganization of business (Note 14)7 14 
Operating lease asset impairments9 7 
Acquisition-related transaction fees10 1 
Legal settlements11 — 
Fixed asset impairment3 — 
Gain on Hytera legal settlement(13)— 
Other(1)(1)
 $92 $79 
Other Income (Expense)
Interest expense, net, and Other, net, both included in Other income (expense), consist of the following: 
 Three Months Ended
April 2, 2022April 3, 2021
Interest income (expense), net:
Interest expense$(58)$(56)
Interest income2 2 
$(56)$(54)
Other, net:
Net periodic pension and postretirement benefit (Note 8)$32 $30 
Investment impairments(1)— 
Foreign currency gain23 14 
Loss on derivative instruments (Note 6)(23)(8)
Gain on equity method investments— 2 
Fair value adjustments to equity investments(18)5 
Gain on TETRA Ireland equity method investment21 — 
Other— 2 
 $34 $45 
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 2, 2022April 3, 2021
Basic earnings per common share:
Earnings$267 $244 
Weighted average common shares outstanding168.0 169.3 
Per share amount$1.59 $1.44 
Diluted earnings per common share:
Earnings$267 $244 
Weighted average common shares outstanding168.0 169.3 
Add effect of dilutive securities:
Share-based awards4.5 3.9 
1.75% senior convertible notes
0.6 — 
Diluted weighted average common shares outstanding173.1 173.2 
Per share amount$1.54 $1.41 
Accounts Receivable, Net
Accounts receivable, net, consists of the following: 
April 2, 2022December 31, 2021
Accounts receivable$1,221 $1,456 
Less allowance for credit losses(70)(70)
 $1,151 $1,386 
Inventories, Net
Inventories, net, consist of the following: 
April 2, 2022December 31, 2021
Finished goods$309 $268 
Work-in-process and production materials766 643 
1,075 911 
Less inventory reserves(123)(123)
 $952 $788 
Other Current Assets
Other current assets consist of the following: 
April 2, 2022December 31, 2021
Current contract cost assets (Note 2)$39 $30 
Tax-related deposits42 41 
Other219 188 
 $300 $259 
Property, Plant and Equipment, Net
Property, plant and equipment, net, consist of the following:
April 2, 2022December 31, 2021
Land$5 $5 
Leasehold improvements473 474 
Machinery and equipment2,494 2,439 
2,972 2,918 
Less accumulated depreciation(1,892)(1,876)
 $1,080 $1,042 
Investments Investments consist of the following:
April 2, 2022December 31, 2021
Common stock$50 $69 
Strategic investments40 35 
Company-owned life insurance policies78 81 
Equity method investments15 24 
 $183 $209 
Other Assets Other assets consist of the following:
April 2, 2022December 31, 2021
Defined benefit plan assets$380 $365 
Non-current contract cost assets (Note 2)118 124 
Other54 69 
 $552 $558 
Accrued Liabilities
Accrued liabilities consist of the following: 
April 2, 2022December 31, 2021
Compensation$310 $360 
Tax liabilities262 183 
Dividend payable132 134 
Trade liabilities166 235 
Operating lease liabilities (Note 3)102 124 
Other493 521 
 $1,465 $1,557 
Other Liabilities
Other liabilities consist of the following: 
April 2, 2022December 31, 2021
Defined benefit plans$1,341 $1,390 
Non-current contract liabilities (Note 2)299 306 
Unrecognized tax benefits (Note 7)36 36 
Deferred income taxes (Note 7)143 183 
Environmental reserve108 108 
Other125 125 
 $2,052 $2,148 
Accumulated Other Comprehensive Loss
The following table displays the changes in Accumulated other comprehensive loss, including amounts reclassified into income, and the affected line items in the Condensed Consolidated Statements of Operations during the three months ended April 2, 2022 and April 3, 2021:
Three Months Ended
April 2, 2022April 3, 2021
Foreign Currency Translation Adjustments:
Balance at beginning of period$  (384)$(360)
Other comprehensive income (loss) before reclassification adjustment(18)17 
Tax benefit (expense)(2)2 
Other comprehensive income (loss), net of tax(20)19 
Balance at end of period$(404)$(341)
Defined Benefit Plans:
Balance at beginning of period$(1,995)$(2,086)
Reclassification adjustment - Actuarial net losses into Other income (Note 8)20 22 
Reclassification adjustment - Prior service benefits into Other income (Note 8)(1)(2)
Tax expense(4)(3)
Other comprehensive income, net of tax15 17 
Balance at end of period$(1,980)$(2,069)
Total Accumulated other comprehensive loss$(2,384)$(2,410)