Motorola Solutions Inc
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Information Technology : Communications Equipment | Large Cap Blend
Company profile

Motorola Solutions, Inc. provides communications and analytics solutions. The Company offers communications, command center software and video security and analytics, supported by managed and support services. Its segments include Products and Systems Integration Segment, and Software and Services Segment. The Products and Systems Integration segment offers a portfolio of devices, including land mobile radio (LMR) handsets, infrastructure and accessories, as well as video security devices and infrastructure. The Products and Systems Integration segment also includes the implementation and integration of systems, devices and applications. The Software and Services segment has Software and Services product lines. Software includes a public safety and enterprise command center software suite, unified communications applications, and video software solutions. Services includes a range of service offerings including repair, technical support and maintenance.

Closing Price
$158.06
Day's Change
-4.83 (-2.97%)
Bid
--
Ask
--
B/A Size
--
Day's High
161.82
Day's Low
156.30
Volume
(Above Average)
Volume:
1,093,292

10-day average volume:
992,092
1,093,292

Motorola Solutions Reports Second-Quarter 2020 Financial Results

4:10 pm ET August 6, 2020 (BusinessWire) Print

Motorola Solutions, Inc. (NYSE: MSI) today reported its earnings results for the second quarter of 2020. Click here for a printable news release and financial tables.

"I'm proud of our solid execution in Q2, led by software & services, in the face of this global pandemic. And, I'm even more impressed with our employees' resilience and unwavering commitment to our customers and to our business," said Greg Brown, chairman and CEO, Motorola Solutions. "Demand for video security, software & services and increased customer engagements are driving our expectations for improvement in the second half of the year."

KEY FINANCIAL RESULTS (presented in millions, except per share data and percentages)

                              Q2 2020              Q2 2019             % Change
----------------------------------------- -------------------- -------------------- --------------------
                                                        $1,618               $1,860                (13)%
 Sales
                                               
 GAAP
                                                          $218                 $349                (38)%
   Operating Earnings
                                                        13.5 %                18.8%  
   % of Sales
                                                         $0.78                $1.18                (34)%
   EPS
----------------------------------------- -------------------- -------------------- --------------------
                                               
 Non-GAAP*
                                                          $359                 $444                (19)%
   Operating Earnings
                                                        22.2 %                23.9%  
   % of Sales
                                                         $1.39                $1.69                (18)%
   EPS
----------------------------------------- -------------------- -------------------- --------------------
                                               
 Products and Systems Integration Segment
                                                          $968               $1,238                (22)%
   Sales
                                                           $49                 $201                (76)%
   GAAP Operating Earnings
                                                         5.1 %                16.2%  
   % of Sales
                                                          $131                 $242                (46)%
   Non-GAAP Operating Earnings*
                                                        13.5 %                19.5%  
   % of Sales
----------------------------------------- -------------------- -------------------- --------------------
                                               
 Software and Services Segment
                                                          $650                 $622                   5%
   Sales
                                                          $169                 $148                  14%
   GAAP Operating Earnings
                                                        26.0 %                23.8%  
   % of Sales
                                                          $228                 $202                  13%
   Non-GAAP Operating Earnings*

*Non-GAAP financial information excludes the after-tax impact of approximately $0.61 per diluted share related to share-based compensation, intangible assets amortization expense and highlighted items. Details on these non-GAAP adjustments and the use of non-GAAP measures are included later in this news release.

OTHER SELECTED FINANCIAL RESULTS

Revenue - Sales were $1.6 billion, down 13% from the year-ago quarter driven by declines in North America and International. Revenue from acquisitions was $40 million, and currency headwinds were $30 million in the quarter. The Products and Systems Integration segment declined 22% primarily due to lower sales of professional and commercial radio (PCR) and public safety LMR products. The Software and Services segment grew 5%, driven by growth in North America services and software. Operating margin - GAAP operating margin was 13.5% of sales, down from 18.8% in the year-ago quarter primarily due to lower sales in the Products and System Integration segment, partially offset by higher sales and gross margin in the Software and Services segment. Non-GAAP operating margin was 22.2% of sales, down from 23.9% in the year-ago quarter primarily due to lower sales in the Products and System Integration segment, partially offset by higher sales and gross margin in the Software and Services segment. Taxes - The GAAP effective tax rate was 23%, compared with 24% in the year-ago quarter. The non-GAAP effective tax rate was 23%, compared with 24% in the year-ago quarter. Both the GAAP and non-GAAP tax rates were lower in the current quarter primarily due to higher research and development credits. Cash flow - Operating cash flow was $209 million, compared with $251 million in the year-ago quarter. Free cash flow was $155 million, compared with $188 million in the year-ago quarter. Cash flow for the quarter decreased due to lower sales and net income, partially offset by improved working capital. Capital allocation - During the quarter, the company paid $109 million in cash dividends, repurchased $83 million of shares, used $65 million for acquisitions, and incurred $54 million of capital expenditures. Additionally, the company repaid $500 million of its revolving credit facility borrowing, of which $300 million was repaid during the quarter and $200 million was repaid subsequently. The remaining outstanding amount of the facility borrowing was $300 million as of Aug. 6, 2020. Backlog - The company ended the quarter with backlog of $10.5 billion, down $376 million from the year-ago quarter, inclusive of $126 million of unfavorable currency adjustments. Software and Services segment backlog was down 2% or $148 million, inclusive of $116 million of unfavorable currency rates. The decline was primarily related to revenue recognized for the Airwave and ESN contracts, partially offset by growth in North America. Products and Systems Integration segment backlog was down 7% or $228 million, inclusive of $10 million of unfavorable currency adjustments, driven by large International deployments and lower orders due to the delay in sales engagements from COVID-19.

NOTABLE WINS AND ACHIEVEMENTS

Software and Services

$37 million P25 multi-year services contract with the State of Louisiana $26 million Next Generation 911 services contract with the State of Utah $10 million P25 statewide multi-year services contract in North America $8 million multi-year computer aided dispatch contract with Baltimore County

Products and Systems Integration

$24 million P25 order for State of Alaska $20 million P25 order for Newton County, Georgia $17 million P25 order for State of South Dakota Launched the V300 continuous-operation body-worn camera Closed acquisition of IndigoVision in Q2 and subsequent to quarter end announced the acquisition of Pelco Inc.

BUSINESS OUTLOOK

Third-quarter 2020 - Motorola Solutions expects revenue decline of (9%) to (8%) compared with the third quarter of 2019. The company expects non-GAAP earnings per share in the range of $1.72 to $1.78. This assumes current foreign exchange rates, approximately 174 million fully diluted shares, and an effective tax rate of approximately 23%. Full-year 2020 - Motorola Solutions expects revenue decline of approximately (7%) and non-GAAP earnings per share in the range of $7.40 to $7.52. This assumes current foreign exchange rates, approximately 175 million fully diluted shares, and an effective tax rate of 21% to 22%.

COVID-19

In response to the evolving COVID-19 pandemic, the company continues to adhere to its plans to keep its employees and customers healthy and safe, as well as ensuring continued operations and business continuity. Safety measures during this outbreak include having the vast majority of employees work remotely, suspending employee travel, withdrawing from certain industry events, increasing cleaning services, encouraging face coverings and using thermal scanning. The company continues to ensure customer continuity by fulfilling several emergency orders, completing remote software maintenance where possible, and continuing to service mission-critical networks on-site as needed to ensure seamless operations. In addition, our supply chain partners remain supportive and continue to do their part to ensure that service levels to the company and its customers remain fulfilled.

The sales teams' engagement with customers, both virtual and in-person, has improved throughout the second quarter. The expectation is for improvement to continue throughout the second half of 2020. Additionally, the company's engineering teams have adapted its solutions offerings to equip customers with the latest technology in the fight to protect their workplace from the spread of COVID-19. Specifically, in the video security business, the company has adapted its software and hardware offerings to provide analytics for occupancy counting, face mask detection and thermal detection capabilities.

The company has also taken actions in a number of areas to reduce its operating expenses, mostly driven by lower variable compensation, travel costs, contractor spend and reduced real estate footprint to limit the negative effect on operating margins for the year despite the expected reduction of revenue.

CONFERENCE CALL AND WEBCAST Motorola Solutions will host its quarterly conference call beginning at 4 p.m. U.S. Central Time (5 p.m. U.S. Eastern Time) on Thursday, Aug. 6. The conference call will be webcast live at www.motorolasolutions.com/investor.

CONSOLIDATED GAAP RESULTS (presented in millions, except per share data)

A comparison of results from operations is as follows:

                                                                Q2 2020              Q2 2019
--------------------------------------------------------------------- -------------------- --------------------
                                                                                    $1,618               $1,860
   Net sales
                                                                                       766                  931
   Gross margin
                                                                                       218                  349
   Operating earnings
--------------------------------------------------------------------- -------------------- --------------------
                                                                         
 Amounts attributable to Motorola Solutions, Inc. common stockholders
                                                                                       135                  207
   Net earnings
                                                                                     $0.78                $1.18
   Diluted EPS

HIGHLIGHTED ITEMS

The table below includes highlighted items, share-based compensation expenses and intangible amortization for the second quarter of 2020.

(per diluted common share)                                 Q2 2020
--------------------------------------------- --------------------
                            
                                                             $0.78
 GAAP Earnings
--------------------------------------------- --------------------
                                               
 Highlighted Items:
--------------------------------------------- --------------------
                                                              0.22
 Intangibles amortization expense
                                                              0.18
 Reorganization of business charges
                                                              0.14
 Share-based compensation expenses
                                                              0.03
 Legal settlements
                                                              0.02
 Hytera-related legal expenses
                                                              0.02
 Fixed asset impairment
                                                              0.01
 Acquisition-related transaction fees
                                                              0.01
 Release of uncertain tax positions
                                                            (0.02)
 Fair value adjustments to equity investments
--------------------------------------------- --------------------

USE OF NON-GAAP FINANCIAL INFORMATION

In addition to the GAAP results included in this presentation, Motorola Solutions also has included non-GAAP measurements of results. The company has provided these non-GAAP measurements to help investors better understand its core operating performance, enhance comparisons of core operating performance from period to period and allow better comparisons of operating performance to its competitors. Among other things, management uses these operating results, excluding the identified items, to evaluate performance of the businesses and to evaluate results relative to certain incentive compensation targets. Management uses operating results excluding these items because it believes this measurement enables it to make better period-to-period evaluations of the financial performance of core business operations. The non-GAAP measurements are intended only as a supplement to the comparable GAAP measurements and the company compensates for the limitations inherent in the use of non-GAAP measurements by using GAAP measures in conjunction with the non-GAAP measurements. As a result, investors should consider these non-GAAP measurements in addition to, and not in substitution for or as superior to, measurements of financial performance prepared in accordance with generally accepted accounting principles.

Highlighted items: The company has excluded the effects of highlighted items including, but not limited to, acquisition-related transaction costs, tangible and intangible asset impairments, restructuring charges, certain non-cash pension adjustments, legal settlements and other contingencies, gains and losses on investments and businesses, Hytera-related legal expenses, and the income tax effects of significant tax matters, from its non-GAAP operating expenses and net income measurements because the company believes that these historical items do not reflect expected future operating earnings or expenses and do not contribute to a meaningful evaluation of the company's current operating performance or comparisons to the company's past operating performance. For the purposes of management's internal analysis over operating performance, the company uses financial statements that exclude highlighted items, as these charges do not contribute to a meaningful evaluation of the company's current operating performance or comparisons to the company's past operating performance.

Hytera-Related Legal Expenses: On February 14, 2020, we announced that a jury in the U.S. District Court for the Northern District of Illinois decided in our favor in our trade secret theft and copyright infringement case against Hytera Communications Corporation Limited of Shenzhen, China; Hytera America, Inc.; and Hytera Communications America (West), Inc. (collectively, "Hytera"). In connection with this verdict, the jury awarded Motorola Solutions $345.8 million in compensatory damages and $418.8 million in punitive damages, for a total of $764.6 million. In the first quarter of 2020, we revised our definition of non-GAAP operating income to exclude the impact of Hytera-related legal expenses. The $5 million of Hytera-related legal expense incurred in the second quarter of 2020 reflects costs primarily associated with this jury trial. During the second quarter of 2020, Hytera filed a motion for a new trial and Hytera America, Inc. and Hytera Communications America (West) both filed for chapter 11 bankruptcy protection. Subsequent to quarter end, the company filed motions to dismiss the bankruptcy proceedings. Given our inability to predict the timing and outcome of these motions, together with the uncertainty of our ability to ultimately collect amounts awarded, at this time we have not recognized in our financial statements any gain related to the Hytera litigation.

Management typically considers legal expenses associated with defending our intellectual property as "normal and recurring" and accordingly, Hytera-related legal expenses were included in both our GAAP and non-GAAP operating income for fiscal years 2017, 2018 and 2019. We anticipate further expenses associated with Hytera-related litigation; however, we believe that these expenses are no longer a part of the "normal and recurring" legal expenses incurred to operate our business. In addition, if any contingent or actual gain associated with the Hytera litigation is recognized in the future, it will be similarly excluded from our non-GAAP operating income. We believe after the jury award, the presentation of excluding both Hytera-related legal expenses and gains related to awards better aligns with how management evaluates our ongoing underlying business performance.

For comparative purposes, $6 million, or $0.03 of earnings per share, net of tax, of Hytera-related legal expense was included in our second quarter 2019 Non-GAAP operating earnings.

Share-based compensation expenses: The company has excluded share-based compensation expenses from its non-GAAP operating expenses and net income measurements. Although share-based compensation is a key incentive offered to the company's employees and the company believes such compensation contributed to the revenue earned during the periods presented and also believes it will contribute to the generation of future period revenues, the company continues to evaluate its performance excluding share-based compensation expenses primarily because it represents a significant non-cash expense. Share-based compensation expenses will recur in future periods.

Intangible assets amortization expense: The company has excluded intangible assets amortization expense from its non-GAAP operating expenses and net earnings measurements, primarily because it represents a non-cash expense and because the company evaluates its performance excluding intangible assets amortization expense. Amortization of intangible assets is consistent in amount and frequency but is significantly affected by the timing and size of the company's acquisitions. Investors should note that the use of intangible assets contributed to the company's revenues earned during the periods presented and will contribute to the company's future period revenues as well. Intangible assets amortization expense will recur in future periods.

Free cash flow: Free cash flow represents operating cash flow less capital expenditures. We believe that free cash flow is also useful to investors as the basis for comparing our performance and coverage ratios with other companies in our industries, although our measure of free cash flow may not be directly comparable to similar measures used by other companies.

Organic Revenue: Organic revenue reflects net sales calculated under GAAP excluding net sales from acquired business owned for less than four full quarters. The company believes non-GAAP organic revenue growth provides useful information for evaluating the periodic growth of the business on a consistent basis and provides for a meaningful period-to-period comparison and analysis of trends in the business.

Details of the above items and reconciliations of the non-GAAP measurements to the corresponding GAAP measurements can be found at the end of this press release.

The company has not quantitatively reconciled its guidance for non-GAAP metrics to their most comparable GAAP measure because the company does not provide specific guidance for the various reconciling items as certain items that impact these measures have not occurred, are out of the company's control, or cannot be reasonably predicted. Accordingly, a reconciliation to the most comparable GAAP financial metric is not available without unreasonable effort. Please note that the unavailable reconciling items could significantly impact the company's results.

BUSINESS RISKS

This news release contains "forward-looking statements" within the meaning of applicable federal securities law. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as "believes," "expects," "intends," "anticipates," "estimates" and similar expressions. The company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent the company's views only as of today and should not be relied upon as representing the company's views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company's actual results to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to, Motorola Solutions' financial outlook for the third quarter and full-year 2020. Motorola Solutions cautions the reader that the risk factors below, as well as those on pages 10 through 22 in Item 1A of Motorola Solutions' 2019 Annual Report on Form 10-K, on page 34 of Motorola Solutions' 2020 first quarterly report on Form 10-Q, and in its other SEC filings available for free on the SEC's website at www.sec.gov and on Motorola Solutions' website at www.motorolasolutions.com, could cause Motorola Solutions' actual results to differ materially from those estimated or predicted in the forward-looking statements. Many of these risks and uncertainties cannot be controlled by Motorola Solutions, and factors that may impact forward-looking statements include, but are not limited to: (1) the economic outlook for the government communications industry; (2) the impact of foreign currency fluctuations on the company; (3) the level of demand for the company's products; (4) the company's ability to refresh existing and introduce new products and technologies in a timely manner; (5) exposure under large systems and managed services contracts, including risks related to the fact that certain customers require that the company build, own and operate their systems, often over a multi-year period; (6) negative impact on the company's business from global economic and political conditions, which may include: (i) continued deferment or cancellation of purchase orders by customers; (ii) the inability of customers to obtain financing for purchases of the company's products; (iii) increased demand to provide vendor financing to customers; (iv) increased financial pressures on third-party dealers, distributors and retailers; (v) the viability of the company's suppliers that may no longer have access to necessary financing; (vi) counterparty failures negatively impacting the company's financial position; (vii) changes in the value of investments held by the company's pension plan and other defined benefit plans, which could impact future required or voluntary pension contributions; (viii) the company's ability to access the capital markets on acceptable terms and conditions; and (ix) the ongoing COVID-19 pandemic and governmental and societal responses thereto; (7) the impact of a security breach or other significant disruption in the company's IT systems, those of its partners or suppliers or those it sells to or operates or maintains for its customers; (8) the outcome of ongoing and future tax matters; (9) the company's ability to purchase sufficient materials, parts and components to meet customer demand, particularly in light of global economic conditions and reductions in the company's purchasing power; (10) risks related to dependence on certain key suppliers, subcontractors, third-party distributors and other representatives; (11) the impact on the company's performance and financial results from strategic acquisitions or divestitures; (12) risks related to the company's manufacturing and business operations in foreign countries; (13) the creditworthiness of the company's customers and distributors, particularly purchasers of large infrastructure systems; (14) the ownership of certain logos, trademarks, trade names and service marks including "MOTOROLA" by Motorola Mobility Holdings, Inc.; (15) variability in income received from licensing the company's intellectual property to others, as well as expenses incurred when the company licenses intellectual property from others; (16) unexpected liabilities or expenses, including unfavorable outcomes to any pending or future litigation or regulatory or similar proceedings; (17) the impact of the percentage of cash and cash equivalents held outside of the United States; (18) the ability of the company to pay future dividends due to possible adverse market conditions or adverse impacts on the company's cash flow; (19) the ability of the company to complete acquisitions or repurchase shares under its repurchase program due to possible adverse market conditions or adverse impacts on the company's cash flow; (20) the impact of changes in governmental policies, laws or regulations; (21) negative consequences from the company's use of third party vendors for various activities, including certain manufacturing operations, information technology and administrative functions; and (22) the company's ability to settle the par value of its 1.75% senior convertible notes in cash. Motorola Solutions undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.

ABOUT MOTOROLA SOLUTIONS

Motorola Solutions is a global leader in mission-critical communications and analytics. Our technology platforms in mission-critical communications, command center software and video security & analytics, bolstered by managed & support services, make cities safer and help communities and businesses thrive. At Motorola Solutions, we are ushering in a new era in public safety and security. Learn more at www.motorolasolutions.com.

MOTOROLA, MOTOROLA SOLUTIONS and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license. All other trademarks are the property of their respective owners. (C)2020 Motorola Solutions, Inc. All rights reserved.

                                                  GAAP-1                                                   GAAP-1                   GAAP-1                                           GAAP-1               GAAP-1                                           GAAP-1
        Motorola Solutions, Inc. and Subsidiaries                                                                                        Motorola Solutions, Inc. and Subsidiaries
     Condensed Consolidated Statements of Operations                                                                                  Condensed Consolidated Statements of Operations
         (In millions, except per share amounts)                                                                                          (In millions, except per share amounts)
                                                                                                                                                 
-------------------------------------------------------- -------------------------------------------------------- ------------------------ --------------------------------------------------------------------- -------------------------------------------------
                   Three Months Ended                                       Three Months Ended                       Three Months Ended                                                      Three Months Ended
-------------------------------------------------------- -------------------------------------------------------- ------------------------ -----------------------------------------------------------------------------------------------------------------------
                      June 27, 2020                                            June 27, 2020                            June 27, 2020                        June 27, 2020                      June 29, 2019                      June 29, 2019
-------------------------------------------------------- -------------------------------------------------------- ------------------------ --------------------------------------------------------------------- -------------------------------------------------
Net sales from products                                  Net sales from products                                  $                        $                       877   $                    $                     1,118  
Net sales from services                                  Net sales from services                                             741          742  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net sales                                                   Net sales                                                      1,618        1,860  
Costs of products sales                                  Costs of products sales                                             413          490  
Costs of services sales                                  Costs of services sales                                             439          439  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Costs of sales                                              Costs of sales                                                   852          929  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Gross margin                                             Gross margin                                                        766          931  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Selling, general and administrative expenses             Selling, general and administrative expenses                        297          351  
Research and development expenditures                    Research and development expenditures                               161          170  
Other charges                                            Other charges                                                        39            9  
Intangibles amortization                                 Intangibles amortization                                             51           52  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Operating earnings                                       Operating earnings                                                  218          349  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Other income (expense):                                  Other income (expense):
Interest expense, net                                       Interest expense, net                                            (58                    )        (56                    )
Gains on sales of investments and businesses, net           Gains on sales of investments and businesses, net                  -            3  
Other, net                                                  Other, net                                                        16          (21                    )
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total other expense                                      Total other expense                                                 (42                    )        (74                    )
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings before income taxes                         Net earnings before income taxes                                    176          275  
Income tax expense                                       Income tax expense                                                   40           67  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings                                             Net earnings                                                        136          208  
Less: Earnings attributable to non-controlling interests Less: Earnings attributable to non-controlling interests              1            1  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings attributable to Motorola Solutions, Inc.    Net earnings attributable to Motorola Solutions, Inc.    $                        $                       135   $                    $                       207  
                                                                                                                  ======================== ==================== ====== ==================== ==================== ==================== ====== ====================
Earnings per common share:                               Earnings per common share:
-------------------------------------------------------- --------------------------------------------------------
Basic                                                       Basic                                                 $                        $                      0.79   $                    $                      1.25  
Diluted                                                     Diluted                                               $                        $                      0.78   $                    $                      1.18  
Weighted average common shares outstanding:              Weighted average common shares outstanding:
-------------------------------------------------------- --------------------------------------------------------
Basic                                                       Basic                                                          170.0        164.9  
Diluted                                                     Diluted                                                        173.6        176.1  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                                                                 
-------------------------------------------------------- -------------------------------------------------------- ------------------------ --------------------------------------------------------------------- -------------------------------------------------
Percentage of Net Sales*                                 Percentage of Net Sales*                                 Percentage of Net Sales* Percentage of Net Sales*
-------------------------------------------------------- -------------------------------------------------------- ------------------------ -----------------------------------------------------------------------------------------------------------------------
Net sales from products                                  Net sales from products                                            54.2                    %       60.1                    %
Net sales from services                                  Net sales from services                                            45.8                    %       39.9                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net sales                                                   Net sales                                                      100.0                    %      100.0                    %
Costs of products sales                                  Costs of products sales                                            47.1                    %       43.8                    %
Costs of services sales                                  Costs of services sales                                            59.2                    %       59.2                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Costs of sales                                              Costs of sales                                                  52.7                    %       49.9                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Gross margin                                             Gross margin                                                       47.3                    %       50.1                    %
Selling, general and administrative expenses             Selling, general and administrative expenses                       18.4                    %       18.9                    %
Research and development expenditures                    Research and development expenditures                              10.0                    %        9.1                    %
Other charges                                            Other charges                                                       2.4                    %        0.5                    %
Intangibles amortization                                 Intangibles amortization                                            3.2                    %        2.8                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Operating earnings                                       Operating earnings                                                 13.5                    %       18.8                    %
Other income (expense):                                  Other income (expense):
Interest expense, net                                       Interest expense, net                                           (3.6                   )%       (3.0                   )%
Gains on sales of investments and businesses, net           Gains on sales of investments and businesses, net                  -                    %        0.2                    %
Other, net                                                  Other, net                                                       1.0                    %       (1.1                   )%
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total other expense                                      Total other expense                                                (2.6                   )%       (4.0                   )%
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings before income taxes                         Net earnings before income taxes                                   10.9                    %       14.8                    %
Income tax expense                                       Income tax expense                                                  2.5                    %        3.6                    %
Net earnings                                             Net earnings                                                        8.4                    %       11.2                    %
Less: Earnings attributable to non-controlling interests Less: Earnings attributable to non-controlling interests            0.1                    %        0.1                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings attributable to Motorola Solutions, Inc.    Net earnings attributable to Motorola Solutions, Inc.               8.3                    %       11.1                    %
                                                                                                                  ======================== ==================== ====== ==================== ==================== ==================== ====== ====================
                                                  GAAP-2                                                   GAAP-2                   GAAP-2                                           GAAP-2               GAAP-2                                           GAAP-2
        Motorola Solutions, Inc. and Subsidiaries                                                                                        Motorola Solutions, Inc. and Subsidiaries
     Condensed Consolidated Statements of Operations                                                                                  Condensed Consolidated Statements of Operations
         (In millions, except per share amounts)                                                                                          (In millions, except per share amounts)
                                                                                                                                                 
-------------------------------------------------------- -------------------------------------------------------- ------------------------ --------------------------------------------------------------------- -------------------------------------------------
                    Six Months Ended                                         Six Months Ended                         Six Months Ended                                                        Six Months Ended
-------------------------------------------------------- -------------------------------------------------------- ------------------------ -----------------------------------------------------------------------------------------------------------------------
                      June 27, 2020                                            June 27, 2020                            June 27, 2020                        June 27, 2020                      June 29, 2019                      June 29, 2019
-------------------------------------------------------- -------------------------------------------------------- ------------------------ --------------------------------------------------------------------- -------------------------------------------------
Net sales from products                                  Net sales from products                                  $                        $                     1,764                      $ $                     2,063  
Net sales from services                                  Net sales from services                                           1,509        1,454  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net sales                                                   Net sales                                                      3,273        3,517  
                                                                                                                                                 
Costs of products sales                                  Costs of products sales                                             812          934  
Costs of services sales                                  Costs of services sales                                             908          879  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Costs of sales                                              Costs of sales                                                 1,720        1,813  
                                                                                                                                                 
-------------------------------------------------------- -------------------------------------------------------- ------------------------ --------------------------------------------------------------------- -------------------------------------------------
Gross margin                                             Gross margin                                                      1,553        1,704  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                                                                 
Selling, general and administrative expenses             Selling, general and administrative expenses                        638          676  
Research and development expenditures                    Research and development expenditures                               330          333  
Other charges                                            Other charges                                                         5           14  
Intangibles amortization                                 Intangibles amortization                                            104          102  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Operating earnings                                       Operating earnings                                                  476          579  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                                                                 
Other income (expense):                                  Other income (expense):
Interest expense, net                                       Interest expense, net                                           (109                    )       (111                    )
Gains on sales of investments and businesses, net           Gains on sales of investments and businesses, net                  -            4  
Other, net                                                  Other, net                                                        34          (12                    )
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total other expense                                      Total other expense                                                 (75                    )       (119                    )
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings before income taxes                         Net earnings before income taxes                                    401          460  
Income tax expense                                       Income tax expense                                                   67          100  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings                                             Net earnings                                                        334          360  
Less: Earnings attributable to non-controlling interests Less: Earnings attributable to non-controlling interests              2            2  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings attributable to Motorola Solutions, Inc.    Net earnings attributable to Motorola Solutions, Inc.    $                        $                       332                      $ $                       358  
                                                                                                                  ======================== ==================== ====== ==================== ==================== ==================== ====== ====================
Earnings per common share:                               Earnings per common share:
-------------------------------------------------------- --------------------------------------------------------
Basic                                                       Basic                                                 $                        $                      1.95                      $ $                      2.18  
Diluted                                                     Diluted                                               $                        $                      1.90                      $ $                      2.04  
Weighted average common shares outstanding:              Weighted average common shares outstanding:
-------------------------------------------------------- --------------------------------------------------------
Basic                                                       Basic                                                          170.3        164.4  
Diluted                                                     Diluted                                                        174.8        175.3  
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                                                                 
-------------------------------------------------------- -------------------------------------------------------- ------------------------ --------------------------------------------------------------------- -------------------------------------------------
Percentage of Net Sales*                                 Percentage of Net Sales*                                 Percentage of Net Sales* Percentage of Net Sales*
-------------------------------------------------------- -------------------------------------------------------- ------------------------ -----------------------------------------------------------------------------------------------------------------------
Net sales from products                                  Net sales from products                                            53.9                    %       58.7                    %
Net sales from services                                  Net sales from services                                            46.1                    %       41.3                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net sales                                                   Net sales                                                      100.0                    %      100.0                    %
Costs of products sales                                  Costs of products sales                                            46.0                    %       45.3                    %
Costs of services sales                                  Costs of services sales                                            60.2                    %       60.5                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Costs of sales                                              Costs of sales                                                  52.6                    %       51.5                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Gross margin                                             Gross margin                                                       47.4                    %       48.5                    %
Selling, general and administrative expenses             Selling, general and administrative expenses                       19.5                    %       19.2                    %
Research and development expenditures                    Research and development expenditures                              10.1                    %        9.5                    %
Other charges                                            Other charges                                                       0.2                    %        0.4                    %
Intangibles amortization                                 Intangibles amortization                                            3.2                    %        2.9                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Operating earnings                                       Operating earnings                                                 14.5                    %       16.5                    %
Other income (expense):                                  Other income (expense):
Interest expense, net                                       Interest expense, net                                           (3.3                   )%       (3.2                   )%
Gains on sales of investments and businesses, net           Gains on sales of investments and businesses, net                  -                    %        0.1                    %
Other, net                                                  Other, net                                                       1.0                    %       (0.3                   )%
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total other expense                                      Total other expense                                                (2.3                   )%       (3.4                   )%
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings before income taxes                         Net earnings before income taxes                                   12.3                    %       13.1                    %
Income tax expense                                       Income tax expense                                                  2.0                    %        2.8                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings                                             Net earnings                                                       10.2                    %       10.2                    %
Less: Earnings attributable to non-controlling interests Less: Earnings attributable to non-controlling interests            0.1                    %        0.1                    %
                                                                                                                  ------------------------ -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings attributable to Motorola Solutions, Inc.    Net earnings attributable to Motorola Solutions, Inc.              10.1                    %       10.2                    %
                                                                                                                  ======================== ==================== ====== ==================== ==================== ==================== ====== ====================
* Percentages may not add up due to rounding                * Percentages may not add up due to rounding
                                                                                  GAAP-3                                                                                   GAAP-3               GAAP-3                                           GAAP-3               GAAP-3                                           GAAP-3
                        Motorola Solutions, Inc. and Subsidiaries                                                                                                                      Motorola Solutions, Inc. and Subsidiaries
                          Condensed Consolidated Balance Sheets                                                                                                                          Condensed Consolidated Balance Sheets
                                      (In millions)                                                                                                                                                  (In millions)
                                                                                                                                                                                                             
---------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
                                      June 27, 2020                                                                            June 27, 2020                                          June 27, 2020                      June 27, 2020                    December 31, 2019                  December 31, 2019
---------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
Assets                                                                                   Assets
Cash and cash equivalents                                                                                                                                                         $                    $                     1,341                      $ $                     1,001  
                                                                                            Cash and cash equivalents
Accounts receivable, net                                                                                                                                                               1,134        1,412  
                                                                                            Accounts receivable, net
Contract assets                                                                                                                                                                          937         1046  
                                                                                            Contract assets
Inventories, net                                                                                                                                                                         449          447  
                                                                                            Inventories, net
Other current assets                                                                                                                                                                     225          272  
                                                                                            Other current assets
                                                                                                                                                                                  -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total current assets                                                                                                                                                                   4,086        4,178  
                                                                                               Total current assets
                                                                                                                                                                                  -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                       
Property, plant and equipment, net                                                                                                                                                       965          992  
                                                                                            Property, plant and equipment, net
Operating lease assets                                                                                                                                                                   462          554  
                                                                                            Operating lease assets
Investments                                                                                                                                                                              157          159  
                                                                                            Investments
Deferred income taxes                                                                                                                                                                    922          943  
                                                                                            Deferred income taxes
Goodwill                                                                                                                                                                               2,123        2,067  
                                                                                            Goodwill
Intangible assets, net                                                                                                                                                                 1,242        1,327  
                                                                                            Intangible assets, net
Other assets                                                                                                                                                                             417          422  
                                                                                            Other assets
                                                                                                                                                                                  -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total assets                                                                             Total assets                                                                             $                    $                    10,374                      $ $                    10,642  
                                                                                                                                                                                  ==================== ==================== ====== ==================== ==================== ==================== ====== ====================
                                                                       
Liabilities and Stockholders' Equity (Deficit)                                           Liabilities and Stockholders' Equity (Deficit)
Current portion of long-term debt                                                                                                                                                 $                    $                       517                      $ $                        16  
                                                                                            Current portion of long-term debt
Accounts payable                                                                                                                                                                         498          618  
                                                                                            Accounts payable
Contract liabilities                                                                                                                                                                   1,294        1,449  
                                                                                            Contract liabilities
Accrued liabilities                                                                                                                                                                    1,171        1,356  
                                                                                            Accrued liabilities
                                                                                                                                                                                  -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total current liabilities                                                                                                                                                              3,480        3,439  
                                                                                               Total current liabilities
                                                                                                                                                                                  -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Long-term debt                                                                                                                                                                         5,111        5,113  
                                                                                            Long-term debt
Operating lease liabilities                                                                                                                                                              385          497  
                                                                                            Operating lease liabilities
Other liabilities                                                                                                                                                                      2,213        2,276  
                                                                                            Other liabilities
Total Motorola Solutions, Inc. stockholders' equity (deficit) Total Motorola Solutions, Inc. stockholders' equity (deficit)       (830                    )       (700                    )
Non-controlling interests                                                                Non-controlling interests                                                                        15           17  
                                                                                                                                                                                  -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total liabilities and stockholders' equity (deficit)          Total liabilities and stockholders' equity (deficit)          $                    $                    10,374                      $ $                    10,642  
                                                                                                                                                                                  ==================== ==================== ====== ==================== ==================== ==================== ====== ====================
                                                                                                                                                                                                             
                                                                                                                        GAAP-4                                                                                                                         GAAP-4               GAAP-4                                           GAAP-4               GAAP-4                                           GAAP-4
                                           Motorola Solutions, Inc. and Subsidiaries                                                                                                                                                            Motorola Solutions, Inc. and Subsidiaries
                                        Condensed Consolidated Statements of Cash Flows                                                                                                                                                      Condensed Consolidated Statements of Cash Flows
                                                         (In millions)                                                                                                                                                                                        (In millions)
                                                                                                                                                                                                                                                                                         
------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------ -------------------- --------------------------------------------------------------------- -------------------------------------------------
                                                      Three Months Ended                                                                                                             Three Months Ended                                                        Three Months Ended                                                    Three Months Ended
------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------ -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                         June 27, 2020                                                                                                                  June 27, 2020                                                             June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019
------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------ -------------------- --------------------------------------------------------------------- -------------------------------------------------
Operating                                                                                                                      Operating
Net earnings attributable to Motorola Solutions, Inc.                                                                          Net earnings attributable to Motorola Solutions, Inc.                                                                          $                    $                       135                      $ $                       207  
Earnings attributable to non-controlling interests                                                                             Earnings attributable to non-controlling interests                                                                                      1            1  
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings                                                                                                                      Net earnings                                                                                                                       136          208  
Adjustments to reconcile Net earnings to Net cash provided by operating activities:                                            Adjustments to reconcile Net earnings to Net cash provided by operating activities:
Depreciation and amortization                                                                                                     Depreciation and amortization                                                                                                       98           96  
Non-cash other (income) charges                                                                                                   Non-cash other (income) charges                                                                                                     11           (6                    )
Share-based compensation expenses                                                                                                 Share-based compensation expenses                                                                                                   31           30  
Gain on sales of investments and businesses, net                                                                                  Gain on sales of investments and businesses, net                                                                                     -           (3                    )
Losses from the extinguishment of long term debt                                                                                  Losses from the extinguishment of long term debt                                                                                     -           43  
Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments: Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments:
Accounts receivable                                                                                                               Accounts receivable                                                                                                                 11          (58                    )
Inventories                                                                                                                       Inventories                                                                                                                          1            2  
Other current assets and contract assets                                                                                          Other current assets and contract assets                                                                                            88           (8                    )
Accounts payable, accrued liabilities, and contract liabilities                                                                   Accounts payable, accrued liabilities, and contract liabilities                                                                   (153                    )        (84                    )
Other assets and liabilities                                                                                                      Other assets and liabilities                                                                                                       (11                    )          8  
Deferred income taxes                                                                                                             Deferred income taxes                                                                                                               (3                    )         23  
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net cash provided by operating activities                                                                                            Net cash provided by operating activities                                                                                       209          251  
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Investing                                                                                                                      Investing
Acquisitions and investments, net                                                                                                 Acquisitions and investments, net                                                                                                  (65                    )         (3                    )
Proceeds from sales of investments and businesses, net                                                                            Proceeds from sales of investments and businesses, net                                                                               4            8  
Capital expenditures                                                                                                              Capital expenditures                                                                                                               (54                    )        (63                    )
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net cash used for investing activities                                                                                               Net cash used for investing activities                                                                                         (115                    )        (58                    )
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Financing                                                                                                                      Financing
Repayments of debt                                                                                                                Repayments of debt                                                                                                                  (4                    )       (658                    )
Repayment of revolver draw                                                                                                        Repayment of revolver draw                                                                                                        (300                    )          -  
Net proceeds from issuance of debt                                                                                                Net proceeds from issuance of debt                                                                                                   -          645  
Issuances of common stock                                                                                                         Issuances of common stock                                                                                                           44           25  
Purchases of common stock                                                                                                         Purchases of common stock                                                                                                          (83                    )        (25                    )
Payments of dividends                                                                                                             Payments of dividends                                                                                                             (109                    )        (94                    )
Payments of dividends to non-controlling interests                                                                                Payments of dividends to non-controlling interests                                                                                  (4                    )         (3                    )
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net cash used for financing activities                                                                                               Net cash used for financing activities                                                                                         (456                    )       (110                    )
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Effect of exchange rate changes on total cash and cash equivalents                                                             Effect of exchange rate changes on total cash and cash equivalents                                                                     31          (16                    )
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net increase (decrease) in total cash and cash equivalents                                                                     Net increase (decrease) in total cash and cash equivalents                                                                           (331                    )         67  
Cash and cash equivalents, beginning of period                                                                                 Cash and cash equivalents, beginning of period                                                                                       1672          897  
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Cash and cash equivalents, end of period                                                                                          Cash and cash equivalents, end of period                                                                                    $                    $                      1341                      $ $                       964  
                                                                                                                                                                                                                                                              -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                                                                                                                                                                                                         
Financial Ratios:                                                                                                              Financial Ratios:
Free cash flow*                                                                                                                   Free cash flow*                                                                                                             $                    $                       155   $                    $                       188  
                                                                                                                                                                                                                                                                                         
*Free cash flow = Net cash provided by operating activities - Capital expenditures                                             *Free cash flow = Net cash provided by operating activities - Capital expenditures
                                                                                                                        GAAP-5                                                                                                                            GAAP-5               GAAP-5                                           GAAP-5               GAAP-5                                           GAAP-5
                                           Motorola Solutions, Inc. and Subsidiaries                                                                                                                                                              Motorola Solutions, Inc. and Subsidiaries
                                        Condensed Consolidated Statements of Cash Flows                                                                                                                                                        Condensed Consolidated Statements of Cash Flows
                                                         (In millions)                                                                                                                                                                                          (In millions)
                                                                                                                                                                                                                                                                                            
------------------------------------------------------------------------------------------------------------------------------ --------------------------------------------------------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
                                                       Six Months Ended                                                                                                                 Six Months Ended                                                           Six Months Ended                                                      Six Months Ended
------------------------------------------------------------------------------------------------------------------------------ --------------------------------------------------------------------------------------------------------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                         June 27, 2020                                                                                                                    June 27, 2020                                                              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019
------------------------------------------------------------------------------------------------------------------------------ --------------------------------------------------------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
Operating                                                                                                                      Operating
Net earnings attributable to Motorola Solutions, Inc.                                                                          Net earnings attributable to Motorola Solutions, Inc.                                                                             $                    $                       332                      $ $                       358  
Earnings attributable to non-controlling interests                                                                             Earnings attributable to non-controlling interests                                                                                         2            2  
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net earnings                                                                                                                      Net earnings                                                                                                                          334          360  
Adjustments to reconcile Net earnings to Net cash provided by operating activities:                                            Adjustments to reconcile Net earnings to Net cash provided by operating activities:
Depreciation and amortization                                                                                                     Depreciation and amortization                                                                                                         197          191  
Non-cash other charges (income)                                                                                                   Non-cash other charges (income)                                                                                                       (40                    )          4  
Share-based compensation expenses                                                                                                 Share-based compensation expenses                                                                                                      69           57  
Gain on sales of investments and businesses, net                                                                                  Gain on sales of investments and businesses, net                                                                                        -           (4                    )
Losses from the extinguishment of long term debt                                                                                  Losses from the extinguishment of long term debt                                                                                        -           43  
Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments:    Changes in assets and liabilities, net of effects of acquisitions, dispositions, and foreign currency translation adjustments:
Accounts receivable                                                                                                                  Accounts receivable                                                                                                                286          110  
Inventories                                                                                                                          Inventories                                                                                                                          3          (61                    )
Other current assets and contract assets                                                                                             Other current assets and contract assets                                                                                           136          128  
Accounts payable, accrued liabilities, and contract liabilities                                                                      Accounts payable, accrued liabilities, and contract liabilities                                                                   (454                    )       (345                    )
Other assets and liabilities                                                                                                         Other assets and liabilities                                                                                                       (15                    )          2  
Deferred income taxes                                                                                                                Deferred income taxes                                                                                                                1           17  
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net cash provided by operating activities                                                                                            Net cash provided by operating activities                                                                                          517          502  
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Investing                                                                                                                      Investing
Acquisitions and investments, net                                                                                                 Acquisitions and investments, net                                                                                                    (102                    )       (371                    )
Proceeds from sales of investments and businesses, net                                                                            Proceeds from sales of investments and businesses, net                                                                                  7           10  
Capital expenditures                                                                                                              Capital expenditures                                                                                                                 (102                    )       (129                    )
Proceeds from sales of property, plant and equipment                                                                              Proceeds from sales of property, plant and equipment                                                                                   56            -  
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net cash used for investing activities                                                                                               Net cash used for investing activities                                                                                            (141                    )       (490                    )
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Financing                                                                                                                      Financing
Net proceeds from issuance of debt                                                                                                Net proceeds from issuance of debt                                                                                                      -          645  
Repayments of debt                                                                                                                Repayments of debt                                                                                                                     (8                    )       (666                    )
Net proceeds from revolver draw                                                                                                   Net proceeds from revolver draw                                                                                                       800            -  
Repayment of revolver draw                                                                                                        Repayment of revolver draw                                                                                                           (300                    )          -  
Issuances of common stock                                                                                                         Issuances of common stock                                                                                                              49           70  
Purchases of common stock                                                                                                         Purchases of common stock                                                                                                            (336                    )       (170                    )
Payments of dividends                                                                                                             Payments of dividends                                                                                                                (218                    )       (187                    )
Payments of dividends to non-controlling interests                                                                                Payments of dividends to non-controlling interests                                                                                     (4                    )         (3                    )
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net cash used for financing activities                                                                                               Net cash used for financing activities                                                                                             (17                    )       (311                    )
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Effect of exchange rate changes on total cash and cash equivalents                                                             Effect of exchange rate changes on total cash and cash equivalents                                                                       (19                    )          6  
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Net increase (decrease) in total cash and cash equivalents                                                                     Net increase (decrease) in total cash and cash equivalents                                                                               340         (293                    )
Cash and cash equivalents, beginning of period                                                                                 Cash and cash equivalents, beginning of period                                                                                         1,001        1,257  
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Cash and cash equivalents, end of period                                                                                          Cash and cash equivalents, end of period                                                                                       $                    $                      1341                      $ $                       964  
                                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                                                                                                                                                                                                            
Financial Ratios:                                                                                                              Financial Ratios:
Free cash flow*                                                                                                                   Free cash flow*                                                                                                                $                    $                       415   $                    $                       373  
                                                                                                                                                                                                                                                                                            
*Free cash flow = Net cash provided by operating activities - Capital expenditures                                             *Free cash flow = Net cash provided by operating activities - Capital expenditures
                                   GAAP-6                           GAAP-6               GAAP-6                                           GAAP-6               GAAP-6                                           GAAP-6               GAAP-6               GAAP-6               GAAP-6
 Motorola Solutions, Inc. and Subsidiaries                                                                                                  Motorola Solutions, Inc. and Subsidiaries
            Segment Information                                                                                                                        Segment Information
               (In millions)                                                                                                                              (In millions)
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- -----------------------------------------
                 Net Sales                                                                                                                                  Net Sales
----------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
            Three Months Ended                   Three Months Ended         Three Months Ended                                                    Three Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019                        % Change             % Change
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
Products and Systems Integration          Products and Systems Integration $                    $                       968                      $ $                     1,238                    (22        (22        )%
Software and Services                     Software and Services                   650          622                      5          5         %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions      $                    $                     1,618                      $ $                     1,860                    (13        (13        )%
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- ---------- ---------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
             Six Months Ended                     Six Months Ended           Six Months Ended                                                      Six Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019                        % Change             % Change
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
Products and Systems Integration          Products and Systems Integration $                    $                     1,961                      $ $                     2,307                    (15        (15        )%
Software and Services                     Software and Services                 1,312        1,210                      8          8         %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions      $                    $                     3,273                      $ $                     3,517                     (7         (7        )%
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- ---------- ---------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- -----------------------------------------
            Operating Earnings                                                                                                                         Operating Earnings
----------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
            Three Months Ended                   Three Months Ended         Three Months Ended                                                    Three Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019                        % Change             % Change
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
Products and Systems Integration          Products and Systems Integration $                    $                        49                      $ $                       201                    (76        (76        )%
Software and Services                     Software and Services                   169          148                     14         14         %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions      $                    $                       218                      $ $                       349                    (38        (38        )%
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- ---------- ---------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
             Six Months Ended                     Six Months Ended           Six Months Ended                                                      Six Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019                        % Change             % Change
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
Products and Systems Integration          Products and Systems Integration $                    $                       141                      $ $                       310                    (55        (55        )%
Software and Services                     Software and Services                   335          269                     25         25         %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions      $                    $                       476                      $ $                       579                    (18        (18        )%
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- ---------- ---------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- -----------------------------------------
           Operating Earnings %                                                                                                                       Operating Earnings %
----------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
            Three Months Ended                   Three Months Ended         Three Months Ended                                                    Three Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
Products and Systems Integration          Products and Systems Integration        5.1                    %       16.2                    %
Software and Services                     Software and Services                  26.0                    %       23.8                    %
Total Motorola Solutions                     Total Motorola Solutions            13.5                    %       18.8                    %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
             Six Months Ended                     Six Months Ended           Six Months Ended                                                      Six Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
Products and Systems Integration          Products and Systems Integration        7.2                    %       13.4                    %
Software and Services                     Software and Services                  25.5                    %       22.2                    %
Total Motorola Solutions                     Total Motorola Solutions            14.5                    %       16.5                    %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                     Non-GAAP-1                                     Non-GAAP-1                               Non-GAAP-1                               Non-GAAP-1           Non-GAAP-1                                       Non-GAAP-1           Non-GAAP-1                                       Non-GAAP-1           Non-GAAP-1                                       Non-GAAP-1           Non-GAAP-1                                       Non-GAAP-1
                                    Motorola Solutions, Inc. and Subsidiaries                                                                                                                                                                                                                           Motorola Solutions, Inc. and Subsidiaries
 Non-GAAP Adjustments (Intangibles Amortization Expense, Share-Based Compensation Expense and Highlighted Items)                                                                                                                                                     Non-GAAP Adjustments (Intangibles Amortization Expense, Share-Based Compensation Expense and Highlighted Items)
                                                  (In millions)                                                                                                                                                                                                                                                       (In millions)
--------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                     Q1 2020                                                                                                                                                                                                                                                             Q1 2020
--------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                                                                                                      
                                              Non-GAAP Adjustments                                                           Non-GAAP Adjustments                           Statement Line                           Statement Line                       PBT                                PBT                                Tax                                Tax                                PAT                                PAT                            EPS impact                         EPS impact
                                                                                                                                                                                                                                                       (Inc)/Exp                          (Inc)/Exp                          Inc/(Exp)                          Inc/(Exp)                          (Inc)/Exp                          (Inc)/Exp
--------------------------------------------------------------------------------------------------------------- ---------------------------------------------- ---------------------------------------- ---------------------------------------- -------------------- ----------------------------------------------   -------------------- ----------------------------------------------   -------------------- ----------------------------------------------   -------------------- ----------------------------------------------
                                                                                                                                                                                                                                                                                                      
Intangibles amortization expense                                                                                Intangibles amortization expense               Intangibles amortization                 Intangibles amortization                 $                    $                        53                      $ $                        13                      $ $                        40                      $ $                      0.23  
Share-based compensation expenses                                                                               Share-based compensation expenses              Cost of sales, SG&A and R&D              Cost of sales, SG&A and R&D                      38            9           29         0.17  
Hytera-related legal expenses                                                                                   Hytera-related legal expenses                  SG&A                                     SG&A                                             25            6           19         0.11  
Reorganization of business charges                                                                              Reorganization of business charges             Cost of sales and Other charges (income) Cost of sales and Other charges (income)         18            4           14         0.08  
Acquisition-related transaction fees                                                                            Acquisition-related transaction fees           Other charges (income)                   Other charges (income)                            2            -            2         0.01  
Legal settlements                                                                                               Legal settlements                              Other charges (income)                   Other charges (income)                            2            -            2         0.01  
Fair value adjustments to equity investments                                                                    Fair value adjustments to equity investments   Other income                             Other income                                     (1                    )          -           (1                    )      (0.01                    )
Release of uncertain tax positions                                                                              Release of uncertain tax positions             Income tax expense                       Income tax expense                                -            1           (1                    )      (0.01                    )
Gain on sale of property, plant, and equipment                                                                  Gain on sale of property, plant, and equipment Other charges (income)                   Other charges (income)                          (50                    )        (12                    )        (38                    )      (0.22                    )
                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total impact on Net earnings                                                                                    Total impact on Net earnings                   $                                        $                                        $                    $                        87                      $ $                        21                      $ $                        66                      $ $                      0.37  
                                                                                                                                                                                                                                                                                                      
--------------------------------------------------------------------------------------------------------------- ---------------------------------------------- ---------------------------------------- ---------------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- -------------------------------------------------
                                                     Q1 2020                                                                                                                                                                                                                                                             Q1 2020
--------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                                                                                                      
                                              Non-GAAP Adjustments                                                           Non-GAAP Adjustments                           Statement Line                           Statement Line                       PBT                                PBT                                Tax                                Tax                                PAT                                PAT                            EPS impact                         EPS impact
                                                                                                                                                                                                                                                       (Inc)/Exp                          (Inc)/Exp                          Inc/(Exp)                          Inc/(Exp)                          (Inc)/Exp                          (Inc)/Exp
--------------------------------------------------------------------------------------------------------------- ---------------------------------------------- ---------------------------------------- ---------------------------------------- -------------------- ----------------------------------------------   -------------------- ----------------------------------------------   -------------------- ----------------------------------------------   -------------------- ----------------------------------------------
                                                                                                                                                                                                                                                                                                      
Intangibles amortization expense                                                                                Intangibles amortization expense               Intangibles amortization                 Intangibles amortization                 $                    $                        51                      $ $                        12                      $ $                        39                      $ $                      0.22  
Reorganization of business charges                                                                              Reorganization of business charges             Cost of sales and Other charges (income) Cost of sales and Other charges (income)         41           10           31         0.18  
Share-based compensation expenses                                                                               Share-based compensation expenses              Cost of sales, SG&A and R&D              Cost of sales, SG&A and R&D                      31            7           24         0.14  
Legal settlements                                                                                               Legal settlements                              Other charges (income)                   Other charges (income)                            7            2            5         0.03  
Hytera-related legal expenses                                                                                   Hytera-related legal expenses                  SG&A                                     SG&A                                              5            1            4         0.02  
Fixed asset impairment                                                                                          Fixed asset impairment                         Other charges (income)                   Other charges (income)                            5            1            4         0.02  
Acquisition-related transaction fees                                                                            Acquisition-related transaction fees           Other charges (income)                   Other charges (income)                            1            -            1         0.01  
Release of uncertain tax positions                                                                              Release of uncertain tax positions             Income tax expense                       Income tax expense                                -           (1                    )          1         0.01  
Fair value adjustments to equity investments                                                                    Fair value adjustments to equity investments   Other income                             Other income                                     (4                    )         (1                    )         (3                    )      (0.02                    )
                                                                                                                                                                                                                                                 -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total impact on Net earnings                                                                                    Total impact on Net earnings                   $                                        $                                        $                    $                       137                      $ $                        31                      $ $                       106                      $ $                      0.61  
                               Non-GAAP-2                       Non-GAAP-2           Non-GAAP-2                                       Non-GAAP-2           Non-GAAP-2                                       Non-GAAP-2           Non-GAAP-2           Non-GAAP-2           Non-GAAP-2
 Motorola Solutions, Inc. and Subsidiaries                                                                                                  Motorola Solutions, Inc. and Subsidiaries
       Non-GAAP Segment Information                                                                                                               Non-GAAP Segment Information
               (In millions)                                                                                                                              (In millions)
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- -----------------------------------------
                 Net Sales                                                                                                                                  Net Sales
----------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
            Three Months Ended                   Three Months Ended         Three Months Ended                                                    Three Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019                        % Change             % Change
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
Products and Systems Integration          Products and Systems Integration $                    $                       968   $                    $                     1,238                    (22        (22        )%
Software and Services                     Software and Services                   650          622                      5          5         %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions      $                    $                     1,618   $                    $                     1,860                    (13        (13        )%
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- ---------- ---------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
             Six Months Ended                     Six Months Ended           Six Months Ended                                                      Six Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019                        % Change             % Change
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
Products and Systems Integration          Products and Systems Integration $                    $                     1,961   $                    $                     2,307                    (15        (15        )%
Software and Services                     Software and Services                 1,312        1,210                      8          8         %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions      $                    $                     3,273   $                    $                     3,517                     (7         (7        )%
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- ---------- ---------
                                                                                                            
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- -----------------------------------------
        Non-GAAP Operating Earnings                                                                                                                Non-GAAP Operating Earnings
----------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
            Three Months Ended                   Three Months Ended         Three Months Ended                                                    Three Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019                        % Change             % Change
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
Products and Systems Integration          Products and Systems Integration $                    $                       131   $                    $                       242                    (46        (46        )%
Software and Services                     Software and Services                   228          202                     13         13         %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions      $                    $                       359   $                    $                       444                    (19        (19        )%
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- ---------- ---------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
             Six Months Ended                     Six Months Ended           Six Months Ended                                                      Six Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019                        % Change             % Change
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------
Products and Systems Integration          Products and Systems Integration $                    $                       253   $                    $                       389                    (35        (35        )%
Software and Services                     Software and Services                   452          370                     22         22         %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions      $                    $                       705   $                    $                       759                     (7         (7        )%
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- -------------------- ---------- ---------
                                                                                                            
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- -----------------------------------------
       Non-GAAP Operating Earnings %                                                                                                              Non-GAAP Operating Earnings %
----------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
            Three Months Ended                   Three Months Ended         Three Months Ended                                                    Three Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
Products and Systems Integration          Products and Systems Integration       13.5                    %       19.5                    %
Software and Services                     Software and Services                  35.1                    %       32.5                    %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions            22.2                    %       23.9                    %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
             Six Months Ended                     Six Months Ended           Six Months Ended                                                      Six Months Ended
----------------------------------------- -------------------------------- -------------------- -----------------------------------------------------------------------------------------------------------------------
                                                                                                            
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
               June 27, 2020                        June 27, 2020              June 27, 2020                      June 27, 2020                      June 29, 2019                      June 29, 2019
----------------------------------------- -------------------------------- -------------------- --------------------------------------------------------------------- -------------------------------------------------
Products and Systems Integration          Products and Systems Integration       12.9                    %       16.9                    %
Software and Services                     Software and Services                  34.5                    %       30.6                    %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
Total Motorola Solutions                     Total Motorola Solutions            21.5                    %       21.6                    %
                                                                           -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ --------------------
                                                                  Non-GAAP-3                                                                         Non-GAAP-3           Non-GAAP-3                                       Non-GAAP-3           Non-GAAP-3                                       Non-GAAP-3            Non-GAAP-3                                        Non-GAAP-3
                  Motorola Solutions, Inc. and Subsidiaries                                                                                                                                                 Motorola Solutions, Inc. and Subsidiaries
                Operating Earnings after Non-GAAP Adjustments                                                                                                                                             Operating Earnings after Non-GAAP Adjustments
                                (In millions)                                                                                                                                                                             (In millions)
---------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                   Q1 2020                                                                                                                                                                                   Q1 2020
---------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                             
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------- --------------------------------------------------
                                    TOTAL                                                                           TOTAL                                               TOTAL                              TOTAL                      Products and Systems               Products and Systems                Software and Services               Software and Services
                                                                                                                                                                                                                                           Integration                        Integration
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- ----------------------------------------------   -------------------- ----------------------------------------------   --------------------- -----------------------------------------------
Net sales                                                                    Net sales                                                                          $                    $                     1,655   $                    $                       993   $                     $                        662  
Operating earnings ("OE")                                                    Operating earnings ("OE")                                                          $                    $                       259   $                    $                        92   $                     $                        167  
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
                                                                                                                                                                                                                             
Above-OE non-GAAP adjustments:                                               Above-OE non-GAAP adjustments:
Intangibles amortization expense                                                Intangibles amortization expense                                                        53           12             41  
Share-based compensation expenses                                               Share-based compensation expenses                                                       38           27             11  
Hytera-related legal expenses                                                   Hytera-related legal expenses                                                           25           25              -  
Reorganization of business charges                                              Reorganization of business charges                                                      18           14              4  
Acquisition-related transaction fees                                            Acquisition-related transaction fees                                                     2            1              1  
Legal settlements                                                               Legal settlements                                                                        2            2              -  
Gain on sale of property, plant, and equipment                                  Gain on sale of property, plant, and equipment                                         (50 )                           (50 )                               -  
                                                                                                                                                                -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
Total above-OE non-GAAP adjustments                                          Total above-OE non-GAAP adjustments                                                        88           31             57  
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
Operating earnings after non-GAAP adjustments                                Operating earnings after non-GAAP adjustments                                      $                    $                       347   $                    $                       123   $                     $                        224  
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
                                                                                                                                                                                                                             
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------- --------------------------------------------------
Operating earnings as a percentage of net sales - GAAP                             Operating earnings as a percentage of net sales - GAAP                             15.6                    %        9.3                    %         25.2                    %
Operating earnings as a percentage of net sales - after non-GAAP adjustments       Operating earnings as a percentage of net sales - after non-GAAP adjustments       21.0                    %       12.4                    %         33.8                    %
                                                                                                                                                                -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
                                                                                                                                                                                                                             
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------- --------------------------------------------------
                                   Q2 2020                                                                                                                                                                                   Q2 2020
---------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                                                                                                                                                             
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------- --------------------------------------------------
                                    TOTAL                                                                           TOTAL                                               TOTAL                              TOTAL                      Products and Systems               Products and Systems                Software and Services               Software and Services
                                                                                                                                                                                                                                           Integration                        Integration
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- ----------------------------------------------   -------------------- ----------------------------------------------   --------------------- -----------------------------------------------
Net sales                                                                    Net sales                                                                          $                    $                     1,618   $                    $                       968   $                     $                        650  
Operating earnings ("OE")                                                    Operating earnings ("OE")                                                          $                    $                       218   $                    $                        49   $                     $                        169  
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
Above-OE non-GAAP adjustments:                                               Above-OE non-GAAP adjustments:
Intangibles amortization expense                                                Intangibles amortization expense                                                        51           12             39  
Reorganization of business charges                                              Reorganization of business charges                                                      41           33              8  
Share-based compensation expenses                                               Share-based compensation expenses                                                       31           22              9  
Legal settlements                                                               Legal settlements                                                                        7            7              -  
Hytera-related legal expenses                                                   Hytera-related legal expenses                                                            5            5              -  
Fixed asset impairment                                                          Fixed asset impairment                                                                   5            3              2  
Acquisition-related transaction fees                                            Acquisition-related transaction fees                                                     1            -              1  
                                                                                                                                                                -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
Total above-OE non-GAAP adjustments                                          Total above-OE non-GAAP adjustments                                                       141           82             59  
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
Operating earnings after non-GAAP adjustments                                Operating earnings after non-GAAP adjustments                                      $                    $                       359   $                    $                       131   $                     $                        228  
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
                                                                                                                                                                                                                             
---------------------------------------------------------------------------- ---------------------------------------------------------------------------------- -------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------- --------------------------------------------------
Operating earnings as a percentage of net sales - GAAP                             Operating earnings as a percentage of net sales - GAAP                             13.5                    %        5.1                    %         26.0                    %
Operating earnings as a percentage of net sales - after non-GAAP adjustments       Operating earnings as a percentage of net sales - after non-GAAP adjustments       22.2                    %       13.5                    %         35.1                    %
                                                                                                                                                                -------------------- -------------------- ------ -------------------- -------------------- -------------------- ------ -------------------- --------------------- -------------------- ------- --------------------
                                                                                                                                                                                                                             
                               Non-GAAP-4                 Non-GAAP-4           Non-GAAP-4                      Non-GAAP-4           Non-GAAP-4                      Non-GAAP-4           Non-GAAP-4           Non-GAAP-4
 Motorola Solutions, Inc. and Subsidiaries                                                                   Motorola Solutions, Inc. and Subsidiaries
         Non-GAAP Organic Revenue                                                                                    Non-GAAP Organic Revenue
               (In millions)                                                                                               (In millions)
                                                                  
----------------------------------------- -------------------------- -------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------
         Total Motorola Solutions                                                                                    Total Motorola Solutions
----------------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                  
----------------------------------------- -------------------------- -------------------- ---------------------------------------------------- --------------------------------
            Three Months Ended                Three Months Ended      Three Months Ended                                   Three Months Ended
----------------------------------------- -------------------------- -------------------- -------------------------------------------------------------------------------------
                                                                  
----------------------------------------- -------------------------- -------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------
               June 27, 2020                     June 27, 2020           June 27, 2020              June 27, 2020             June 29, 2019              June 29, 2019               % Change             % Change
----------------------------------------- -------------------------- -------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------
Net sales                                 Net sales                  $                    $                         1,618 $                    $                         1,860                  (13        (13        )%
----------------------------------------- -------------------------- -------------------- -------------------- ---------- -------------------- -------------------- ----------
Non-GAAP adjustments:                     Non-GAAP adjustments:
Sales from acquisitions                      Sales from acquisitions             40              -
                                                                     -------------------- -------------------- ---------- -------------------- -------------------- ----------
Organic revenue                           Organic revenue            $                    $                         1,578 $                    $                         1,860                  (15        (15        )%
----------------------------------------- -------------------------- -------------------- -------------------- ---------- -------------------- -------------------- ---------- -------------------- ---------- ---------
                                                                  
                                                                  
----------------------------------------- -------------------------- -------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------
         Total Motorola Solutions                                                                                    Total Motorola Solutions
----------------------------------------- -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                  
----------------------------------------- -------------------------- -------------------- ---------------------------------------------------- --------------------------------
             Six Months Ended                  Six Months Ended        Six Months Ended                                     Six Months Ended
----------------------------------------- -------------------------- -------------------- -------------------------------------------------------------------------------------
                                                                  
----------------------------------------- -------------------------- -------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------
               June 27, 2020                     June 27, 2020           June 27, 2020              June 27, 2020             June 29, 2019              June 29, 2019               % Change             % Change
----------------------------------------- -------------------------- -------------------- ---------------------------------------------------- ---------------------------------------------------- ---------------------
Net sales                                 Net sales                  $                    $                         3,273 $                    $                         3,517                   (7         (7        )%
----------------------------------------- -------------------------- -------------------- -------------------- ---------- -------------------- -------------------- ----------
Non-GAAP adjustments:                     Non-GAAP adjustments:
Sales from acquisitions                      Sales from acquisitions             91              3
                                                                     -------------------- -------------------- ---------- -------------------- -------------------- ----------
Organic revenue                           Organic revenue            $                    $                         3,182 $                    $                         3,514                   (9         (9        )%
----------------------------------------- -------------------------- -------------------- -------------------- ---------- -------------------- -------------------- ---------- -------------------- ---------- ---------

View source version on businesswire.com: https://www.businesswire.com/news/home/20200806005992/en/

SOURCE: Motorola Solutions, Inc.">

MEDIA CONTACT 
Alexandra Reynolds
Motorola Solutions
+1 312-965-3968
Alexandra.Reynolds@motorolasolutions.com 

INVESTOR CONTACT 
Tim Yocum
Motorola Solutions
+1 847-576-6899
Tim.Yocum@motorolasolutions.com
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