Motorola Solutions, Inc.
For the period ended Oct 3, 2026. Filed Nov 4, 2026.
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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.
Oct 3, 2026 · Filed Nov 4, 2026
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 | Nine Months Ended | |||
|---|---|---|---|---|
| (In millions) | October 3, 2026 | September 27, 2025 | October 3, 2026 | September 27, 2025 |
| Lease expense: | ||||
| Operating lease cost | $41 | $39 | $123 | $114 |
| Short-term lease cost | 1 | — | 4 | — |
| Variable cost | 7 | 9 | 32 | 37 |
| Sublease income | (1) | (1) | (4) | (5) |
| Net lease expense from operating leases | $48 | $47 | $155 | $146 |
Lease Assets and Liabilities
| (In millions) | Statement Line Classification | October 3, 2026 | December 31, 2025 |
|---|---|---|---|
| Right-of-use lease assets | Operating lease assets | $534 | $581 |
| Current lease liabilities | Accrued liabilities | 145 | 133 |
| Operating lease liabilities | Operating lease liabilities | 409 | 471 |
Other Information Related to Leases
| Nine Months Ended | ||
|---|---|---|
| (In millions) | October 3, 2026 | September 27, 2025 |
| Supplemental cash flow information: | ||
| Net cash used for operating activities related to operating leases | $126 | $121 |
| Right-of-use assets obtained in exchange for lease liabilities | 63 | 84 |
During the nine months ended October 3, 2026, assets obtained in exchange for lease liabilities were primarily driven by new and renewed real estate leases.
| October 3, 2026 | December 31, 2025 | |
|---|---|---|
| Weighted average remaining lease terms (years) | 5 | 5 |
| Weighted average discount rate: | 4.32% | 4.21% |
Future Lease Payments
| October 3, 2026 | |
|---|---|
| (In millions) | Operating Leases |
| Remainder of 2026 | $35 |
| 2027 | 163 |
| 2028 | 137 |
| 2029 | 104 |
| 2030 | 52 |
| Thereafter | 134 |
| Total lease payments | 625 |
| Less: interest | 71 |
| Present value of lease liabilities | $554 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.