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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Oct. 01, 2022
Sep. 30, 2023
Oct. 01, 2022
Net sales $ 2,556 $ 2,373 $ 7,129 $ 6,405
Costs of sales 1,276 1,342 3,614 3,527
Gross margin 1,280 1,031 3,515 2,878 Close
Selling, general and administrative expenses 380 378 1,138 1,069 Close
Research and development expenditures 215 197 640 577 Close
Other charges 46 83 181 262 CloseClose
Total Operating Expenses 641.0 658.0 1959.0 1908.0 0 Close
Operating earnings 639 373 1,556 970 Close
Other income (expense):        
Interest expense, net (53) (60) (164) (171)
Gains (losses) on sales of investments and businesses, net (1) 1 0 3
Other, net 7 19 46 50
Total other expense (47) (40) (118) (118) Close
Net earnings before income taxes 592 333 1,438 852 Close
Income tax expense 127 53 321 75 Close
Net earnings 465 280 1,117 777 Close
Less: Earnings attributable to non-controlling interests 1 1 4 3
Net earnings attributable to Motorola Solutions, Inc. $ 464 $ 279 $ 1,113 $ 774
Earnings per common share:        
Basic (in USD per share) $ 2.78 $ 1.67 $ 6.66 $ 4.62
Diluted (in USD per share) $ 2.70 $ 1.63 $ 6.46 $ 4.50
Weighted average common shares outstanding:        
Basic (in shares) 166.7 167.2 167.2 167.5
Diluted (in shares) 171.7 171.5 172.2 171.9
Products        
Net sales $ 1,490 $ 1,439 $ 4,063 $ 3,697
Costs of sales 658 659 1,867 1,844
Services        
Net sales 1,066 934 3,066 2,708
Costs of sales $ 618 $ 683 $ 1,747 $ 1,683