Motorola Solutions, Inc.
For the period ended Jun 28, 2025. Filed Aug 7, 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.
Jun 28, 2025 · Filed Aug 7, 2025
MSI$514.51-0.5%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Leases
- Leases
Components of Lease Expense
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| (in millions) | June 28, 2025 | June 29, 2024 | June 28, 2025 | June 29, 2024 |
| Lease expense: | ||||
| Operating lease cost | $38 | $34 | $75 | $69 |
| Variable cost | 16 | 11 | 28 | 22 |
| Sublease income | (2) | (1) | (3) | (3) |
| Net lease expense from operating leases | $52 | $44 | $100 | $88 |
Lease Assets and Liabilities
| (in millions) | Statement Line Classification | June 28, 2025 | December 31, 2024 |
|---|---|---|---|
| Right-of-use lease assets | Operating lease assets | $590 | $529 |
| Current lease liabilities | Accrued liabilities | 129 | 127 |
| Operating lease liabilities | Operating lease liabilities | 472 | 427 |
Other Information Related to Leases
| Six Months Ended | ||
|---|---|---|
| (in millions) | June 28, 2025 | June 29, 2024 |
| Supplemental cash flow information: | ||
| Net cash used for operating activities related to operating leases | $88 | $88 |
| Right-of-use assets obtained in exchange for lease liabilities | 58 | 91 |
| June 28, 2025 | December 31, 2024 | |
|---|---|---|
| Weighted average remaining lease terms (years) | 6 | 5 |
| Weighted average discount rate: | 4.14% | 3.97% |
Future Lease Payments
| June 28, 2025 | |
|---|---|
| (in millions) | Operating Leases |
| Remainder of 2025 | $58 |
| 2026 | 144 |
| 2027 | 142 |
| 2028 | 115 |
| 2029 | 85 |
| Thereafter | 135 |
| Total lease payments | 679 |
| Less: interest | 78 |
| Present value of lease liabilities | $601 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.