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Motorola Solutions, Inc. (MSI)
NYSE: MSI · Real-Time Price · USD
535.22
+7.84 (1.49%)
At close: Nov 11, 2026, 4:00 PM EST
535.35
+0.13 (0.02%)
After-hours: Nov 11, 2026, 7:33 PM EST

Motorola Solutions Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
2,0842,1541,5771,7091,3631,245
Depreciation & Amortization
584425336356440438
Asset Writedown & Restructuring Costs
---24147-
Loss (Gain) From Sale of Investments
-----3-1
Stock-Based Compensation
387293243212172129
Other Operating Activities
2019606193326
Change in Accounts Receivable
-416-394-459-262-113-202
Change in Inventory
-541-14562200-242-284
Change in Accounts Payable
399280302-144451578
Change in Other Net Operating Assets
93121-61-38-91-126
Operating Cash Flow
2,8382,8372,3912,0441,8231,837
Operating Cash Flow Growth
7.05%18.65%16.98%12.12%-0.76%13.89%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-304-265-257-253-256-243
Sale of Property, Plant & Equipment
1----6
Cash Acquisitions
-1,668-4,916-290-180-1,177-521
Investment in Securities
111740194616
Investing Cash Flow
-1,960-5,164-507-414-1,387-742

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Short-Term Debt Issued
-923----
Long-Term Debt Issued
-2,7331,288-595844
Total Debt Issued
1,4423,6561,288-595844
Short-Term Debt Repaid
--179----
Long-Term Debt Repaid
--322-1,906-1-285-353
Total Debt Repaid
-679-501-1,906-1-285-353
Net Debt Issued (Repaid)
7633,155-618-1310491
Issuance of Common Stock
914675104156102
Repurchase of Common Stock
-1,033-1,154-247-804-836-528
Common Dividends Paid
-784-728-654-589-530-482
Other Financing Activities
-2-10-4-5-6-12
Financing Cash Flow
-9651,309-1,448-1,295-906-429

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
-3381-3945-79-46
Net Cash Flow
-120-937397380-549620

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
2,5342,5722,1341,7911,5671,594
Free Cash Flow Growth
4.97%20.52%19.15%14.29%-1.69%14.18%
Free Cash Flow Margin
20.11%22.02%19.73%17.95%17.20%19.51%
Free Cash Flow Per Share
15.1115.2212.4910.419.129.18
Levered Free Cash Flow
1,9061,9961,8591,4681,5921,464
Unlevered Free Cash Flow
2,1902,2212,0431,6231,7421,598

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Oct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
449285253234226207
Cash Income Tax Paid
630569627587307257
Change in Working Capital
-418-44-371-276-329-
SEC Filings: 10-K · 10-Q