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Other Financial Data (Tables)
12 Months Ended
Dec. 31, 2024
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)202420232022
Other charges (income):
Intangibles amortization (Note 15)$152 $177 $257 
Reorganization of businesses (Note 14)26 22 18 
Legal settlements7 23 
Fixed asset impairments2 12 
Environmental reserve expense2 15 — 
Exit of video manufacturing operations 24 — 
Operating lease asset impairments6 24 
Acquisition-related transaction fees20 23 
Gain on Hytera litigation(61)— (15)
Other1 (1)(3)
 $155 $257 $339 
Other Income (Expense)
Interest expense, net, and Other both included in Other income (expense) consist of the following: 
Years ended December 31 (in millions)202420232022
Interest expense, net:
Interest expense$(295)$(249)$(240)
Interest income68 33 14 
$(227)$(216)$(226)
Other, net:
Net periodic pension and postretirement benefit (Note 8)$132 $99 $123 
Loss from the extinguishment of long-term debt (Note 5)(585)— (6)
Investment impairments(3)(16)(1)
Foreign currency gain (loss)2 (53)37 
Gain (loss) on derivative instruments (Note 6)(19)20 (61)
Loss on equity method investments — (3)
Fair value adjustments to equity investments(5)13 (30)
Gain on TETRA Ireland equity method investment — 21 
Assessments on uncertain tax positions (Note 7)(11)— — 
Other (3)
 $(489)$68 $77 
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 31202420232022
Basic earnings per common share:
Earnings$1,577 $1,709 $1,363 
Weighted average common shares outstanding166.8 167.0 167.5 
Per share amount$9.45 $10.23 $8.14 
Diluted earnings per common share:
Earnings$1,577 $1,709 $1,363 
Weighted average common shares outstanding166.8 167.0 167.5 
Add effect of dilutive securities:
Share-based awards4.0 3.7 3.7 
1.75% senior convertible notes
 1.5 0.7 
Diluted weighted average common shares outstanding170.8 172.1 171.9 
Per share amount$9.23 $9.93 $7.93 
Accounts Receivable, Net
Accounts receivable, net, consists of the following: 
December 3120242023
Accounts receivable$2,035 $1,779 
Less allowance for credit losses(83)(69)
 $1,952 $1,710 
Inventories, Net
Inventories, net, consist of the following: 
December 3120242023
Finished goods$396 $328 
Work-in-process and production materials498 640 
894 968 
Less inventory reserves(128)(141)
 $766 $827 
Other Current Assets
Other current assets consist of the following:
December 3120242023
Current contract cost assets (Note 2)$70 $56 
Contractor receivables 44 40 
Tax-related deposits (Note 7)54 32 
Other261 229 
 $429 $357 
Property, Plant And Equipment, Net
Property, plant and equipment, net, consist of the following: 
December 3120242023
Land$5 $
Leasehold improvements441 448 
Machinery and equipment2,243 2,396 
2,689 2,849 
Less accumulated depreciation(1,667)(1,885)
 $1,022 $964 
Investments
Investments consist of the following:
December 3120242023
Common stock$23 $28 
Strategic investments, at cost26 28 
Company-owned life insurance policies75 74 
Equity method investments11 13 
 $135 $143 
Other Assets
Other assets consist of the following: 
December 3120242023
Defined benefit plan assets (Note 8)$162 $98 
Non-current contract cost assets (Note 2)141 119 
Other72 57 
 $375 $274 
Accrued Liabilities
Accrued liabilities consist of the following: 
December 3120242023
Compensation$406 $407 
Tax liabilities (Note 7)217 231 
Dividend payable182 163 
Trade liabilities160 140 
Operating lease liabilities (Note 3)127 125 
Customer reserves97 89 
Other454 349 
 $1,643 $1,504 
Other Liabilities
Other liabilities consist of the following: 
December 3120242023
Defined benefit plans (Note 8)$768 $939 
Non-current contract liabilities (Note 2)496 424 
Unrecognized tax benefits (Note 7)39 26 
Deferred income taxes (Note 7)87 55 
Environmental Reserve119 119 
Deferred compensation 89 70 
Other121 108 
 $1,719 $1,741 
Schedule of Share Repurchase Program
The Company's share repurchases for 2024, 2023, and 2022 can be summarized as follows:
YearShares Repurchased (in millions)Average PriceAmount (in millions)
20240.6 $396.69 $244 
20232.9 278.56 804 
20223.7 225.00 836 
Changes in Accumulated Other Comprehensive Loss
The following table displays the changes in Accumulated other comprehensive loss, including amounts reclassified into income, and the affected line items in the Consolidated Statements of Operations during the years ended December 31, 2024, 2023, and 2022:
Years ended December 31
202420232022
Foreign Currency Translation Adjustments:
Balance at beginning of period$  (482)$(539)$  (384)
Other comprehensive income (loss) before reclassification adjustment(66)61 (156)
Tax benefit (expense)2 (4)
Other comprehensive income (loss), net of tax(64)57 (155)
Balance at end of period$(546)$(482)$(539)
Derivative instruments:
Balance at beginning of period$(12)$— $— 
Other comprehensive income (loss) before reclassification adjustment4 (12)— 
Reclassification adjustment into Interest expense, net1 — — 
Other comprehensive income (loss), net of tax5 (12)— 
Balance at end of period$(7)$(12)$— 
Defined Benefit Plans:
Balance at beginning of period$(2,046)$(1,996)$(1,995)
Other comprehensive income (loss) before reclassification adjustment44 (130)(76)
Tax benefit (expense)(9)34 18 
Other comprehensive income (loss) before reclassification adjustment, net of tax35 (96)(58)
Reclassification adjustment - Actuarial net losses into Other income (expense)34 61 80 
Reclassification adjustment - Prior service benefits into Other income (expense) (2)
Tax expense(9)(16)(21)
Reclassification adjustments into Net earnings, net of tax25 46 57 
Other comprehensive income (loss), net of tax60 (50)(1)
Balance at end of period$(1,986)$(2,046)$(1,996)
Total Accumulated other comprehensive loss$(2,539)$(2,540)$(2,535)
Supplier Finance Program The following table displays a rollforward of the confirmed amount of supplier finance obligations from January 1, 2023 to December 31, 2024:
(in millions)
20242023
Confirmed obligations at the beginning of the year
$35 $37 
Invoices confirmed during the year
139 114 
Confirmed invoices paid during the year
(136)(116)
Confirmed obligations outstanding at the end of the year
$38 $35