Motorola Solutions Inc
For the period ended Mar 29, 2025. Filed May 1, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 29, 2025 · Filed May 1, 2025
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Sales of Receivables
- Sales of Receivables
Sales of Receivables
The following table summarizes the proceeds received from sales of accounts receivable and long-term receivables for the three months ended March 29, 2025 and March 30, 2024:
| Three Months Ended | ||
|---|---|---|
| March 29, 2025 | March 30, 2024 | |
| Long-term receivables sales proceeds | $24 | $10 |
At March 29, 2025, the Company had retained servicing obligations for $769 million of long-term receivables, compared to $794 million at December 31, 2024. Servicing obligations are limited to collection activities related to the sales of accounts receivables and long-term receivables. The Company had outstanding commitments to provide long-term financing to third parties totaling $150 million at March 29, 2025, compared to $105 million at December 31, 2024.
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