Item 6. Selected Financial Data

6K characters. Original on sec.gov · Markdown

Item 6. Selected Financial Data

The following selected financial data is derived from the consolidated financial statements. The data below should be read in conjunction with “Part II. Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Part I. Item 1A. Risk Factors,” and the consolidated financial statements and notes included in Part II. Item 8 of this Form 10-K.


	Years Ended December 31
(In millions, except per share amounts)	2020			2019			2018			2017			2016
Operating Results
Net sales	$	7,414		$	7,887		$	7,343		$	6,380		$	6,038







Operating earnings	1,383			1,581			1,255			1,284			1,048













Earnings (loss) attributable to Motorola Solutions, Inc.	949			868			966			(155)			560


Per Share Data (in dollars)

Earnings (loss) per diluted common share*	$	5.45		$	4.95		$	5.62		$	(0.95)		$	3.24
Diluted weighted average common shares outstanding (in millions)	174.1			175.6			172.0			162.9			173.1
Dividends declared per share	$	2.63		$	2.35		$	2.13		$	1.93		$	1.70
Balance Sheet
Total assets	$	10,876		$	10,642		$	9,409		$	8,208		$	8,463

Total debt	5,175			5,129			5,320			4,471			4,396

Other Data
Capital expenditures	$	217		$	248		$	197		$	227		$	271
% of sales	2.9		%	3.1		%	2.7		%	3.6		%	4.5		%
Research and development expenditures	$	686		$	687		$	637		$	568		$	553
% of sales	9.3		%	8.7		%	8.7		%	8.9		%	9.2		%

*Amounts attributable to Motorola Solutions, Inc. common shareholders.

Previous: Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities · Next: Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations