Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Motorola Solutions Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Jun 29, 2024	Mar 30, 2024	Dec 31, 2023	Sep 30, 2023	Jul 1, 2023	Apr 1, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Dec 31, 2021	Oct 2, 2021	Jul 3, 2021	Apr 3, 2021	Dec 31, 2020	Sep 26, 2020	Jun 27, 2020	Mar 28, 2020	Dec 31, 2019	Sep 28, 2019	Jun 29, 2019	Mar 30, 2019
Cash and cash equivalents	1,381)	1,512)	1,705)	910)	710)	1,022)	1,325)	822)	717)	878)	1,874)	1,653)	1,921)	1,320)	1,254)	1,007)	1,341)	1,672)	1,001)	1,140)	964)	897)
Accounts receivable, net	1,762)	1,592)	1,710)	1,667)	1,513)	1,340)	1,518)	1,368)	1,284)	1,151)	1,386)	1,196)	1,169)	1,090)	1,390)	1,155)	1,134)	1,122)	1,412)	1,295)	1,206)	1,150)
Contract assets	1,210)	1,127)	1,102)	1,092)	1,033)	1,024)	974)	1,033)	1,045)	999)	1,105)	1,030)	757)	767)	933)	1,069)	937)	958)	1,046)	921)	913)	878)
Inventories, net	803)	840)	827)	959)	1,020)	1,082)	1,055)	1,157)	1,071)	952)	788)	604)	559)	530)	508)	489)	449)	442)	447)	460)	424)	425)
Other current assets	415)	450)	357)	404)	350)	358)	383)	327)	294)	300)	259)	252)	254)	235)	242)	251)	225)	287)	272)	338)	324)	364)
Current assets held for disposition	—)	—)	24)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Current assets	5,571)	5,521)	5,725)	5,032)	4,626)	4,826)	5,255)	4,707)	4,411)	4,280)	5,412)	4,735)	4,660)	3,942)	4,327)	3,971)	4,086)	4,481)	4,178)	4,154)	3,831)	3,714)
Property, plant and equipment, net	987)	957)	964)	931)	935)	927)	927)	866)	1,039)	1,080)	1,042)	1,021)	1,028)	1,028)	1,022)	976)	965)	932)	992)	963)	940)	937)
Right-of-use operating lease assets	527)	534)	495)	453)	478)	472)	485)	338)	366)	387)	382)	405)	430)	448)	468)	472)	462)	521)	554)	561)	567)	593)
Investments	127)	141)	143)	142)	162)	144)	147)	146)	162)	183)	209)	214)	181)	168)	158)	154)	157)	154)	159)	159)	175)	163)
Deferred income taxes	1,225)	1,244)	1,062)	1,047)	1,172)	1,073)	1,036)	988)	1,004)	999)	916)	934)	981)	955)	966)	876)	922)	918)	943)	866)	913)	953)
Goodwill	3,400)	3,410)	3,401)	3,278)	3,295)	3,287)	3,312)	2,851)	2,873)	2,864)	2,565)	2,449)	2,219)	2,221)	2,219)	2,207)	2,123)	2,075)	2,067)	2,006)	1,852)	1,860)
Intangible assets, net	1,208)	1,232)	1,255)	1,217)	1,261)	1,302)	1,342)	1,177)	1,255)	1,304)	1,105)	1,134)	1,123)	1,180)	1,234)	1,268)	1,242)	1,242)	1,327)	1,331)	1,332)	1,416)
Other assets	300)	287)	274)	336)	323)	322)	310)	552)	562)	552)	558)	530)	509)	481)	482)	437)	417)	393)	422)	333)	364)	357)
Non-current assets held for disposition	—)	—)	17)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Non-current assets	7,774)	7,805)	7,611)	7,404)	7,626)	7,527)	7,559)	6,918)	7,261)	7,369)	6,777)	6,687)	6,471)	6,481)	6,549)	6,390)	6,288)	6,235)	6,464)	6,219)	6,143)	6,279)
Total assets	13,345)	13,326)	13,336)	12,436)	12,252)	12,353)	12,814)	11,625)	11,672)	11,649)	12,189)	11,422)	11,131)	10,423)	10,876)	10,361)	10,374)	10,716)	10,642)	10,373)	9,974)	9,993)

Cash and cash equivalents: The cash balance exhibited fluctuations over the observed quarters. Initial growth was noted from early 2019 through mid-2021, peaking at 1921 million US dollars in July 2021, followed by a notable decline through early 2022. Subsequently, the cash position recovered significantly by the end of 2023 before showing a slight decline in mid-2024.
Accounts receivable, net: Accounts receivable demonstrated a general upward trend, increasing from 1150 million US dollars in early 2019 to a peak of 1762 million US dollars in mid-2024, indicating growing credit sales or extended collection periods over time despite periodic minor decreases.
Contract assets: Contract assets remained relatively stable with minor fluctuations, generally ranging between 850 and 1200 million US dollars. There was a slight upward movement towards 2024, suggesting steady recognition of revenue on contracts over the period.
Inventories, net: Inventories increased from 425 million US dollars in early 2019, peaking in late 2022 at 1157 million US dollars, before gradually declining to 803 million US dollars by mid-2024. This pattern could suggest buildup in inventory levels followed by efforts to reduce stock.
Other current assets: Other current assets showed modest variation without a clear long-term trend, fluctuating mostly between 225 and 450 million US dollars, ending near the higher range in mid-2024.
Current assets held for disposition: No entries were recorded until the first quarter of 2024, which showed a value of 24 million US dollars, indicating new or planned disposals of current assets during that period.
Current assets: Total current assets generally increased over the five-year span from 3714 million US dollars to a peak of 5725 million US dollars in early 2024, showing overall growth. A few periods exhibited declines, mainly in 2020 and early 2022, possibly reflecting operational or market challenges.
Property, plant and equipment, net: This asset category remained relatively stable, fluctuating in a narrow range between 866 and 1080 million US dollars, with no significant long-term upward or downward trend, indicating stable investment levels in fixed assets.
Right-of-use operating lease assets: Lease assets declined steadily from 593 million US dollars in early 2019 to 338 million US dollars by late 2022, before partially recovering to above 500 million US dollars by mid-2024, suggesting changes in leasing arrangements or lease accounting classifications.
Investments: Investments consistently fluctuated near 140 to 215 million US dollars, with no pronounced trend. The highest levels occurred around late 2021, followed by a gradual decrease towards mid-2024.
Deferred income taxes: Deferred income taxes remained relatively stable but showed a gradual increase from 953 million US dollars in early 2019 to around 1244 million US dollars by early 2024, potentially reflecting tax timing differences and growth in taxable temporary differences.
Goodwill: Goodwill rose steadily from 1860 million US dollars in early 2019 to over 3400 million US dollars by early 2024, indicating acquisitions or business combinations contributing to intangible asset growth.
Intangible assets, net: Intangible assets generally decreased from 1416 million US dollars in early 2019 to around 1200 million US dollars in 2023 and 2024, although some fluctuations occurred. The trend suggests amortization or impairment exceeding additions.
Other assets: Other assets fluctuated throughout the periods, generally ranging between 274 and 562 million US dollars, with no evident directional trend, ending near the lower mid-range by mid-2024.
Non-current assets held for disposition: Non-current assets held for disposition appeared only towards mid-2024, with a value of 17 million US dollars, indicating initiation of asset disposal activities.
Non-current assets: Non-current assets varied between approximately 6143 and 7805 million US dollars, showing a gradual increase over time despite some short-term declines, reflecting long-term asset growth and acquisitions.
Total assets: Total assets increased from around 9993 million US dollars in early 2019 to over 13300 million US dollars by early 2024, illustrating overall growth in the asset base. Some fluctuations occurred, but the general movement indicates an expanding balance sheet and asset accumulation.

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Motorola Solutions Inc. (NYSE:MSI)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data