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Other Financial Data (Tables)
3 Months Ended
Mar. 29, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Charges (Income)
Other charges included in Operating earnings consist of the following:
 Three Months Ended
March 29, 2025March 30, 2024
Other charges (income):
Intangibles amortization (Note 15)$37 $39 
Reorganization of business (Note 14)12 
Operating lease asset impairments 
Acquisition-related transaction fees6 
Legal settlements4 
Gain on Hytera litigation(10)— 
Other (1)
 $49 $58 
During the three months ended March 29, 2025, the Company recognized a gain on the Hytera litigation of $10 million for amounts recovered through legal proceedings due to theft of the Company's trade secrets. Refer to "Hytera Civil Litigation" within "Note 12: commitments and Contingencies" in this "Part 1 — Financial Information" of this Form 10-Q.
Other Income (Expense)
Interest expense, net, and Other, net, both included in Other income (expense), consist of the following: 
 Three Months Ended
March 29, 2025March 30, 2024
Interest, net:
Interest expense$(69)$(61)
Interest income18 17 
$(51)$(44)
Other, net:
Net periodic pension and postretirement benefit (Note 8)$30 $32 
Loss from the extinguishment of Silver Lake Convertible Debt (585)
Investment impairments (3)
Foreign currency gain (loss)(20)
Gain (loss) on derivative instruments (Note 6)13 (10)
Fair value adjustments to equity investments(5)(2)
Other(2)
 $16 $(565)
Earnings Per Common Share
Basic and diluted earnings (loss) per common share from net earnings attributable to Motorola Solutions, Inc. are computed as follows:
 Amounts attributable to Motorola Solutions, Inc. common stockholders
Three Months Ended
March 29, 2025March 30, 2024
Basic earnings per common share:
Earnings (loss)
$430 $(39)
Weighted average common shares outstanding166.9 166.3 
Per share amount$2.58 $(0.23)
Diluted earnings per common share:
Earnings (loss)
$430 $(39)
Weighted average common shares outstanding166.9 166.3 
Add effect of dilutive securities:
Share-based awards2.9 — 
Diluted weighted average common shares outstanding169.8 166.3 
Per share amount$2.53 $(0.23)
Accounts Receivable, Net
Accounts receivable, net, consists of the following: 
March 29, 2025December 31, 2024
Accounts receivable$1,851 $2,035 
Less allowance for credit losses(81)(83)
 $1,770 $1,952 
Inventories, Net
Inventories, net, consist of the following: 
March 29, 2025December 31, 2024
Finished goods$411 $396 
Work-in-process and production materials550 498 
961 894 
Less inventory reserves(128)(128)
 $833 $766 
Other Current Assets
Other current assets consist of the following: 
March 29, 2025December 31, 2024
Current contract cost assets (Note 2)$69 $70 
Contractor receivables42 44 
Tax-related deposits53 54 
Other280 261 
 $444 $429 
Property, Plant and Equipment, Net
Property, plant and equipment, net, consist of the following:
March 29, 2025December 31, 2024
Land$5 $
Leasehold improvements451 441 
Machinery and equipment2,329 2,243 
2,785 2,689 
Less accumulated depreciation(1,746)(1,667)
 $1,039 $1,022 
Investments
Investments consist of the following:
March 29, 2025December 31, 2024
Common stock$18 $23 
Strategic investments52 26 
Company-owned life insurance policies80 75 
Equity method investments11 11 
 $161 $135 
Other Assets Other assets consist of the following:
March 29, 2025December 31, 2024
Defined benefit plan assets$192 $162 
Non-current contract cost assets (Note 2)129 141 
Other62 72 
 $383 $375 
Accrued Liabilities
Accrued liabilities consist of the following: 
March 29, 2025December 31, 2024
Compensation$465 $406 
Tax liabilities272 217 
Dividend payable182 182 
Trade liabilities161 160 
Operating lease liabilities (Note 3)114 127 
Customer reserves75 97 
Other503 454 
 $1,772 $1,643 
Other Liabilities
Other liabilities consist of the following: 
March 29, 2025December 31, 2024
Defined benefit plans (Note 8)$749 $768 
Non-current contract liabilities (Note 2)556 496 
Unrecognized tax benefits (Note 7)39 39 
Deferred income taxes (Note 7)87 87 
Environmental reserve119 119 
Deferred compensation88 89 
Other125 121 
 $1,763 $1,719 
Accumulated Other Comprehensive Loss
The following table displays the changes in Accumulated other comprehensive loss, including amounts reclassified into income, and the affected line items in the Condensed Consolidated Statements of Operations during the three months ended March 29, 2025 and March 30, 2024:
Three Months Ended
March 29, 2025March 30, 2024
Foreign Currency Translation Adjustments:
Balance at beginning of period$(546)$(482)
Other comprehensive income (loss) before reclassification adjustment38 (27)
Tax benefit3 
Other comprehensive income (loss), net of tax41 (24)
Balance at end of period$(505)$(506)
Derivative instruments:
Balance at beginning of period$(7)$(12)
Other comprehensive income before reclassification adjustment, net of tax 
Other comprehensive income, net of tax 
Balance at end of period$(7)$(8)
Defined Benefit Plans:
Balance at beginning of period$(1,986)$(2,046)
Other comprehensive loss before reclassification adjustment(12)— 
Tax benefit3 — 
Other comprehensive income (loss) before reclassification adjustment, net of tax(9)— 
Reclassification adjustment - Actuarial net losses into Other income (Note 8)9 
Tax benefit (expense)(2)(2)
Reclassification adjustments into Net earnings, net of tax7 
Other comprehensive income, net of tax(2)
Balance at end of period$(1,988)$(2,039)
Total Accumulated other comprehensive loss$(2,500)$(2,553)