XML 20 R10.htm IDEA: XBRL DOCUMENT
v3.22.2

Revenue from Contracts with Customers | 6 Months Ended
--- | ---
Jul. 02, 2022
Revenue from Contract with Customer [Abstract] |
Revenue from Contracts with Customers | Revenue from Contracts with Customers Disaggregation of Revenue The following table summarizes the disaggregation of the Company's revenue by segment, region, major products and services and customer type for the three and six months ended July 2, 2022 and July 3, 2021, consistent with the information reviewed by the Company's chief operating decision maker for evaluating the financial performance of the Company's reportable segments:
| Three Months Ended
| July 2, 2022 |  | July 3, 2021
(In millions) | Products and Systems Integration |  | Software and Services |  | Total |  | Products and Systems Integration |  | Software and Services |  | Total
Regions: |  |  |  |  |  |  |  |  |  |  |
North America | $ | 963 |  |  | $ | 521 |  |  | $ | 1,484 |  |  | $ | 869 |  |  | $ | 443 |  |  | $ | 1,312 |
International | 322 |  |  | 334 |  |  | 656 |  |  | 329 |  |  | 330 |  |  | 659 |
| $ | 1,285 |  |  | $ | 855 |  |  | $ | 2,140 |  |  | $ | 1,198 |  |  | $ | 773 |  |  | $ | 1,971 |
Major Products and Services: |  |  |  |  |  |  |  |  |  |  |
LMR Communications | $ | 1,038 |  |  | $ | 570 |  |  | $ | 1,608 |  |  | $ | 986 |  |  | $ | 545 |  |  | $ | 1,531 |
Video Security and Access Control | 247 |  |  | 123 |  |  | 370 |  |  | 212 |  |  | 94 |  |  | 306 |
Command Center Software | — |  |  | 162 |  |  | 162 |  |  | — |  |  | 134 |  |  | 134 |
| $ | 1,285 |  |  | $ | 855 |  |  | $ | 2,140 |  |  | $ | 1,198 |  |  | $ | 773 |  |  | $ | 1,971 |
Customer Types: |  |  |  |  |  |  |  |  |  |  |
Direct | $ | 711 |  |  | $ | 778 |  |  | $ | 1,489 |  |  | $ | 706 |  |  | $ | 706 |  |  | $ | 1,412 |
Indirect | 574 |  |  | 77 |  |  | 651 |  |  | 492 |  |  | 67 |  |  | 559 |
| $ | 1,285 |  |  | $ | 855 |  |  | $ | 2,140 |  |  | $ | 1,198 |  |  | $ | 773 |  |  | $ | 1,971 |
| Six Months Ended
| July 2, 2022 |  | July 3, 2021
(In millions) | Products and Systems Integration |  | Software and Services |  | Total |  | Products and Systems Integration |  | Software and Services |  | Total
Regions: |  |  |  |  |  |  |  |  |  |  |
North America | $ | 1,794 |  |  | $ | 994 |  |  | $ | 2,788 |  |  | $ | 1,611 |  |  | $ | 886 |  |  | $ | 2,497 |
International | 594 |  |  | 650 |  |  | 1,244 |  |  | 602 |  |  | 645 |  |  | 1,247 |
| $ | 2,388 |  |  | $ | 1,644 |  |  | $ | 4,032 |  |  | $ | 2,213 |  |  | $ | 1,531 |  |  | $ | 3,744 |
Major Products and Services: |  |  |  |  |  |  |  |  |  |  |
LMR Communications | $ | 1,947 |  |  | $ | 1,116 |  |  | $ | 3,063 |  |  | $ | 1,836 |  |  | $ | 1,095 |  |  | $ | 2,931 |
Video Security and Access Control | 441 |  |  | 236 |  |  | 677 |  |  | 377 |  |  | 182 |  |  | 559 |
Command Center Software | — |  |  | 292 |  |  | 292 |  |  | — |  |  | 254 |  |  | 254 |
| $ | 2,388 |  |  | $ | 1,644 |  |  | $ | 4,032 |  |  | $ | 2,213 |  |  | $ | 1,531 |  |  | $ | 3,744 |
Customer Types: |  |  |  |  |  |  |  |  |  |  |
Direct | $ | 1,367 |  |  | $ | 1,480 |  |  | $ | 2,847 |  |  | $ | 1,310 |  |  | $ | 1,396 |  |  | $ | 2,706 |
Indirect | 1,021 |  |  | 164 |  |  | 1,185 |  |  | 903 |  |  | 135 |  |  | 1,038 |
| $ | 2,388 |  |  | $ | 1,644 |  |  | $ | 4,032 |  |  | $ | 2,213 |  |  | $ | 1,531 |  |  | $ | 3,744 |
Remaining Performance Obligations Remaining performance obligations represent the revenue that is expected to be recognized in future periods related to performance obligations that are unsatisfied, or partially unsatisfied, as of the end of a period. The transaction values associated with remaining performance obligations which were not yet satisfied as of July 2, 2022 was $9.0 billion. A total of $4.3 billion was from Products and Systems Integration performance obligations that were not yet satisfied as of July 2, 2022, of which $2.7 billion is expected to be recognized in the next twelve months. The remaining amounts will generally be satisfied over time as systems are implemented. A total of $4.7 billion was from Software and Services performance obligations that were not yet satisfied as of July 2, 2022. The determination of Software and Services performance obligations that are not satisfied takes into account a contract term that may be limited by the customer’s ability to terminate for convenience. Where termination for convenience exists in the Company's service contracts, its disclosure of the remaining performance obligations that are unsatisfied assumes the contract term is limited until renewal. The Company expects to recognize $1.5 billion from unsatisfied Software and Services performance obligations over the next twelve months, with the remaining performance obligations to be recognized over time as services are performed and software is implemented. Contract Balances
(In millions) | July 2, 2022 |  | December 31, 2021 |  |  |  |
Accounts receivable, net | $ | 1,284 |  |  | $ | 1,386 |  |  |  |  |
Contract assets | 1,045 |  |  | 1,105 |  |  |  |  |
Contract liabilities | 1,556 |  |  | 1,650 |  |  |  |  |
Non-current contract liabilities | 308 |  |  | 306 |  |  |  |  |
Revenue recognized during the three months ended July 2, 2022 which was previously included in Contract liabilities as of April 2, 2022 was $456 million, compared to $483 million of revenue recognized during the three months ended July 3, 2021 which was previously included in Contract liabilities as of April 3, 2021. Revenue recognized during the six months ended July 2, 2022 which was previously included in Contract liabilities as of December 31, 2021 was $712 million, compared to $705 million recognized during the six months ended July 3, 2021 which was previously included in Contract liabilities as of December 31, 2020. The Company did not reverse any revenue during the three months ended July 2, 2022 related to performance obligations satisfied, or partially satisfied, in previous periods, compared to $10 million of reversals for the three months ended July 3, 2021, primarily driven by changes in the estimates of progress on system contracts, Revenue of $22 million was reversed during the six months ended July 2, 2022 related to performance obligations satisfied or partially satisfied, in previous periods, primarily driven by changes in the estimates of progress on system contracts, compared to $15 million of reversals for the six months ended July 3, 2021. There were no material expected credit losses recorded on contract assets during each of the three and six months ended July 2, 2022 and July 3, 2021. Contract Cost Balances
(In millions) | July 2, 2022 |  | December 31, 2021 |  |  |  |
Current contract cost assets | $ | 39 |  |  | $ | 30 |  |  |  |  |
Non-current contract cost assets | 118 |  |  | 124 |  |  |  |  |
Amortization of non-current contract cost assets was $13 million and $26 million for the three and six months ended July 2, 2022, respectively, and $12 million and $25 million for the three and six months ended July 3, 2021, respectively

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI https://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration