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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Net sales $ 2,140 $ 1,971 $ 4,032 $ 3,744
Costs of sales 1,150 1,019 2,186 1,932
Gross margin 990 952 1,846 1,812
Selling, general and administrative expenses 356 331 692 633
Research and development expenditures 191 181 380 361
Other charges 85 70 177 150
Operating earnings 358 370 597 668
Other income (expense):        
Interest expense, net (56) (44) (112) (98)
Gain on sales of investments and businesses, net 0 0 2 0
Other, net (2) 14 33 60
Total other expense (58) (30) (77) (38)
Net earnings before income taxes 300 340 520 630
Income tax expense 71 46 23 90
Net earnings 229 294 497 540
Less: Earnings attributable to non-controlling interests 1 1 2 3
Net earnings attributable to Motorola Solutions, Inc. $ 228 $ 293 $ 495 $ 537
Earnings per common share:        
Basic (in USD per share) $ 1.36 $ 1.73 $ 2.95 $ 3.17
Diluted (in USD per share) $ 1.33 $ 1.69 $ 2.88 $ 3.10
Weighted average common shares outstanding:        
Basic (in shares) 167.2 169.6 167.6 169.4
Diluted (in shares) 170.9 173.1 172.0 173.1
Products        
Net sales $ 1,212 $ 1,094 $ 2,258 $ 2,027
Costs of sales 637 511 1,185 952
Services        
Net sales 928 877 1,774 1,717
Costs of sales $ 513 $ 508 $ 1,001 $ 980