← Motorola Solutions, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $1.4b $1.7b $1.6b $2.2b
Net Income (Loss) Attributable to Parent $560.0m ($155.0m) $966.0m $868.0m $949.0m $1.2b $1.4b $1.7b $1.6b $2.2b
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $562.0m ($151.0m) $969.0m $871.0m $953.0m $1.2b $1.4b $1.7b $1.6b $2.2b
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $560.0m ($155.0m) — — — — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $562.0m ($151.0m) — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 $0 — — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest $2.0m $4.0m $3.0m $3.0m $4.0m $5.0m $4.0m $5.0m $5.0m $6.0m
Depreciation, Depletion and Amortization $295.0m $343.0m $360.0m $394.0m $409.0m $438.0m $440.0m $356.0m $336.0m $425.0m
Amortization of Intangible Assets $113.0m $151.0m $188.0m $208.0m $215.0m $236.0m $257.0m $177.0m $152.0m $234.0m
Depreciation $182.0m $192.0m $172.0m $186.0m $194.0m $202.0m $183.0m $179.0m $184.0m $191.0m
Amortization Cash Flow — — — — — — $257.0m $177.0m $152.0m $234.0m
Amortization Of Intangibles — — — — — — $257.0m $177.0m $152.0m $234.0m
Depreciation Amortization Depletion — — — — — — $440.0m $356.0m $336.0m $425.0m
Deferred Income Tax Expense (Benefit) $213.0m $1.1b $9.0m ($84.0m) ($25.0m) $34.0m ($334.0m) ($32.0m) ($215.0m) $94.0m
Share-based Payment Arrangement, Noncash Expense $68.0m $66.0m $73.0m $118.0m $129.0m $129.0m $172.0m $212.0m $243.0m $293.0m
Share-based Payment Arrangement, Expense $68.0m $66.0m $73.0m $118.0m $129.0m $129.0m $172.0m $212.0m $243.0m $293.0m
Equity Method Investment, Other than Temporary Impairment — — — — — — — — — $4.0m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Operating Lease, Impairment Loss — — — $5.0m $0 $10.0m $24.0m $6.0m $6.0m $2.0m
Asset Impairment Charge — — — — — $0 $147.0m $0 $0 —
Gain (Loss) on Disposition of Business — — — $3.0m — — — — — —
Gain (Loss) on Disposition of Property Plant Equipment $0 — — — $50.0m $0 $0 — — —
Gain (Loss) on Extinguishment of Debt ($2.0m) $0 $6.0m ($50.0m) $56.0m $18.0m ($6.0m) $0 ($585.0m) $0
Income Tax Expense (Benefit) $282.0m $1.2b $133.0m $130.0m $221.0m $302.0m $148.0m $432.0m $390.0m $652.0m
Interest Expense Nonoperating — — — — — — — — $227.0m $302.0m
Operating Lease, Expense — — — $133.0m — — — — — —
Other Nonoperating Income (Expense) ($12.0m) ($8.0m) $53.0m ($365.0m) $13.0m $92.0m $77.0m $68.0m ($489.0m) $126.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $6.0m $60.0m — — — — — — — —
Increase (Decrease) in Inventories ($6.0m) $46.0m ($71.0m) $74.0m $14.0m $284.0m $242.0m ($200.0m) ($62.0m) $145.0m
Debt and Equity Securities, Realized Gain (Loss) — — — — — — $21.0m $0 $0 —
Environmental Remediation Expense — — $57.0m $0 $0 — — $15.0m $2.0m $2.0m
Equity Securities, FV-NI, Realized Gain (Loss) — — $11.0m ($3.0m) $6.0m ($8.0m) ($30.0m) $13.0m ($5.0m) $19.0m
Foreign Currency Transaction Gain (Loss), before Tax $46.0m ($31.0m) ($24.0m) ($22.0m) ($44.0m) $17.0m $37.0m ($53.0m) $2.0m ($55.0m)
Gain (Loss) Related to Litigation Settlement $0 $47.0m ($3.0m) ($3.0m) ($9.0m) ($3.0m) ($23.0m) — — —
Goodwill $728.0m $938.0m $1.5b $2.1b $2.2b $2.6b $3.3b $3.4b $3.5b $6.8b
Nonoperating Income (Expense) ($223.0m) ($206.0m) ($153.0m) ($580.0m) ($209.0m) ($115.0m) ($146.0m) ($148.0m) ($716.0m) ($176.0m)
Payments of Financing Costs — — — — — — — — — $5.0m
Pension Cost (Reversal of Cost) $26.0m $48.0m $0 — — — — — — —
Beginning Cash Position — — — — — — $1.9b $1.3b $1.7b $2.1b
Cash Flow From Continuing Financing Activities — — — — — — ($906.0m) ($1.3b) ($1.4b) $1.3b
Cash Flow From Continuing Investing Activities — — — — — — ($1.4b) ($414.0m) ($507.0m) ($5.2b)
Change In Account Payable — — — — — — $451.0m ($144.0m) $302.0m $280.0m
Change In Inventory — — — — — — ($242.0m) $200.0m $62.0m ($145.0m)
Change In Other Current Assets — — — — — — ($1.0m) ($82.0m) ($213.0m) ($221.0m)
Change In Other Working Capital — — — — — — ($425.0m) ($70.0m) ($276.0m) $215.0m
Change In Payable — — — — — — $451.0m ($144.0m) $302.0m $280.0m
Change In Payables And Accrued Expense — — — — — — $451.0m ($144.0m) $302.0m $280.0m
Change In Receivables — — — — — — ($112.0m) ($180.0m) ($246.0m) ($173.0m)
Change In Working Capital — — — — — — ($329.0m) ($276.0m) ($371.0m) ($44.0m)
Changes In Account Receivables — — — — — — ($112.0m) ($180.0m) ($246.0m) ($173.0m)
Changes In Cash — — — — — — ($470.0m) $335.0m $436.0m ($1.0b)
End Cash Position — — — — — — $1.3b $1.7b $2.1b $1.2b
Financing Cash Flow — — — — — — ($906.0m) ($1.3b) ($1.4b) $1.3b
Free Cash Flow — — — — — — $1.6b $1.8b $2.1b $2.6b
Gain Loss On Investment Securities — — — — — ($1.0m) ($3.0m) — — —
Investing Cash Flow — — — — — — ($1.4b) ($414.0m) ($507.0m) ($5.2b)
Issuance Of Capital Stock — — — — — — $156.0m $104.0m $75.0m $46.0m
Net Business Purchase And Sale — — — — — — ($1.2b) ($180.0m) ($290.0m) ($4.9b)
Net PPE Purchase And Sale — — — — — $6.0m $0 $0 — —
Operating Gains Losses — — — — — $17.0m $3.0m — $585.0m —
Other Non Cash Items — — — — — — $23.0m $38.0m $16.0m $3.0m
Purchase Of Business — — — — — — ($1.2b) ($180.0m) ($290.0m) ($4.9b)
Repurchase Of Capital Stock — — — — — — ($836.0m) ($804.0m) ($247.0m) ($1.2b)
Sale Of PPE — — — — — $6.0m $0 $0 — —
Stock Based Compensation — — — — — — $172.0m $212.0m $243.0m $293.0m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement ($26.0m) ($48.0m) $0 ($359.0m) $0 $0 — — — —
Gain (Loss) on Derivative Instruments, Net, Pretax ($56.0m) $15.0m ($14.0m) ($8.0m) $25.0m ($30.0m) ($61.0m) $20.0m ($19.0m) $42.0m
Other Operating Income (Expense), Net — — ($334.0m) ($260.0m) ($246.0m) ($286.0m) ($339.0m) ($257.0m) ($155.0m) ($207.0m)
Net Cash Provided by (Used in) Operating Activities $1.2b $1.3b $1.1b $1.8b $1.6b $1.8b $1.8b $2.0b $2.4b $2.8b
Cash flows from investing activities:
Capital Expenditure — — — — — — ($256.0m) ($253.0m) ($257.0m) ($265.0m)
Capital Expenditure Reported $271.0m $227.0m $197.0m $248.0m $217.0m $243.0m ($256.0m) ($253.0m) ($257.0m) ($265.0m)
Net Investment Purchase And Sale — — — — — — $46.0m $19.0m $40.0m $17.0m
Sale Of Investment — — — — — — $46.0m $19.0m $40.0m $17.0m
Net Cash Provided by (Used in) Investing Activities ($1.0b) ($448.0m) ($1.3b) ($934.0m) ($437.0m) ($742.0m) ($1.4b) ($414.0m) ($507.0m) ($5.2b)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $595.0m $0 $1.3b $3.7b
Long Term Debt Issuance — — — — — — $595.0m $0 $1.3b $2.7b
Net Issuance Payments Of Debt — — — — — — $310.0m ($1.0m) ($618.0m) $3.2b
Net Long Term Debt Issuance — — — — — — $310.0m ($1.0m) ($618.0m) $2.4b
Net Short Term Debt Issuance — — — — — — $0 $0 $0 $744.0m
Short Term Debt Issuance — — — — — — $0 $0 $0 $923.0m
Repayments of Long-term Debt $686.0m $21.0m $723.0m $2.0b $914.0m $353.0m $285.0m $1.0m $1.9b $322.0m
Long Term Debt Payments — — — — — — ($285.0m) ($1.0m) ($1.9b) ($322.0m)
Repayment Of Debt — — — — — — ($285.0m) ($1.0m) ($1.9b) ($501.0m)
Short Term Debt Payments — — — — — — $0 $0 $0 ($179.0m)
Proceeds from Issuance of Common Stock $93.0m $82.0m $168.0m $114.0m $108.0m $102.0m $156.0m $104.0m $75.0m $46.0m
Common Stock Issuance — — — — — — $156.0m $104.0m $75.0m $46.0m
Net Common Stock Issuance — — — — — — ($680.0m) ($700.0m) ($172.0m) ($1.1b)
Payments for Repurchase of Common Stock $842.0m $483.0m $132.0m $315.0m $612.0m $528.0m $836.0m $804.0m $244.0m $1.2b
Payments of Ordinary Dividends, Common Stock $280.0m $307.0m $337.0m $379.0m $436.0m $482.0m $530.0m $589.0m $654.0m $728.0m
Common Stock Payments — — — — — — ($836.0m) ($804.0m) ($247.0m) ($1.2b)
Dividends Payable, Current $77.0m $84.0m $93.0m $110.0m $120.0m $134.0m $148.0m $163.0m $182.0m $201.0m
Cash Dividends Paid — — — — — — ($530.0m) ($589.0m) ($654.0m) ($728.0m)
Common Stock Dividend Paid — — — — — — ($530.0m) ($589.0m) ($654.0m) ($728.0m)
Net Other Financing Charges — — — — — — ($6.0m) ($5.0m) ($4.0m) ($10.0m)
Net Cash Provided by (Used in) Financing Activities ($1.0b) ($722.0m) $220.0m ($1.1b) ($966.0m) ($429.0m) ($906.0m) ($1.3b) ($1.4b) $1.3b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($71.0m) $62.0m ($40.0m) ($1.0m) $43.0m ($46.0m) ($79.0m) $45.0m ($39.0m) $81.0m
Effect Of Exchange Rate Changes — — — — — — ($79.0m) $45.0m ($39.0m) $81.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($71.0m) $62.0m ($11.0m) ($256.0m) $253.0m $620.0m ($549.0m) $380.0m $397.0m ($937.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $1.3b $1.3b $1.0b $1.3b $1.9b $1.3b $1.7b $2.1b $1.2b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($549.0m) $380.0m $397.0m ($937.0m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $191.0m $176.0m $204.0m $221.0m $217.0m $207.0m $226.0m $234.0m $253.0m $285.0m
Income Taxes Paid, Net $66.0m $122.0m $119.0m $138.0m $181.0m $257.0m $307.0m $587.0m $627.0m $569.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.