Motorola Solutions, Inc. (MSI)

Motorola Solutions Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 29, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	2,046	1,577	1,709	1,363	1,245	949
Depreciation & Amortization	334	336	356	440	438	409
Asset Writedown & Restructuring Costs	-	-	24	147	-	-
Loss (Gain) From Sale of Investments	-	-	-	-3	-1	2
Stock-Based Compensation	253	243	212	172	129	129
Other Operating Activities	26	606	19	33	26	47
Change in Accounts Receivable	-330	-459	-262	-113	-202	257
Change in Inventory	7	62	200	-242	-284	-14
Change in Accounts Payable	217	302	-144	451	578	-116
Change in Other Net Operating Assets	-17	-61	-38	-91	-126	-25
Operating Cash Flow	2,519	2,391	2,044	1,823	1,837	1,613
Operating Cash Flow Growth	3.49%	16.98%	12.12%	-0.76%	13.89%	-11.52%
Capital Expenditures	-248	-257	-253	-256	-243	-217
Sale of Property, Plant & Equipment	-	-	-	-	6	56
Cash Acquisitions	-703	-290	-180	-1,177	-521	-287
Investment in Securities	14	40	19	46	16	11
Investing Cash Flow	-937	-507	-414	-1,387	-742	-437
Short-Term Debt Issued	-	-	-	-	-	800
Long-Term Debt Issued	-	1,288	-	595	844	892
Total Debt Issued	-	1,288	-	595	844	1,692
Short-Term Debt Repaid	-	-	-	-	-	-800
Long-Term Debt Repaid	-	-1,906	-1	-285	-353	-914
Total Debt Repaid	-313	-1,906	-1	-285	-353	-1,714
Net Debt Issued (Repaid)	-313	-618	-1	310	491	-22
Issuance of Common Stock	75	75	104	156	102	108
Repurchase of Common Stock	-618	-247	-804	-836	-528	-612
Common Dividends Paid	-673	-654	-589	-530	-482	-436
Other Financing Activities	-4	-4	-5	-6	-12	-4
Financing Cash Flow	-1,533	-1,448	-1,295	-906	-429	-966
Foreign Exchange Rate Adjustments	3	-39	45	-79	-46	43
Net Cash Flow	52	397	380	-549	620	253
Free Cash Flow	2,271	2,134	1,791	1,567	1,594	1,396
Free Cash Flow Growth	3.75%	19.15%	14.29%	-1.69%	14.18%	-11.37%
Free Cash Flow Margin	20.73%	19.73%	17.95%	17.20%	19.51%	18.83%
Free Cash Flow Per Share	13.23	12.49	10.41	9.12	9.18	8.02
Cash Interest Paid	246	253	234	226	207	-
Cash Income Tax Paid	640	627	587	307	257	181
Levered Free Cash Flow	1,923	1,859	1,468	1,592	1,464	1,281
Unlevered Free Cash Flow	2,112	2,043	1,623	1,742	1,598	1,427
Change in Net Working Capital	31	49	233	-115	-118	-154

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q