Stock Analysis on Net
Stock Analysis on Net

Motorola Solutions Inc. (NYSE:MSI)

This company has been moved to the archive! The financial data has not been updated since August 1, 2024.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity 

Motorola Solutions Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Current portion of long-term debt 9.85 0.01 0.04 0.11 0.15
Accounts payable 6.61 8.29 6.98 5.63 5.81
Contract liabilities 15.27 14.51 13.54 14.29 13.62
Compensation 3.05 2.92 2.95 2.68 3.26
Tax liabilities 1.73 2.86 1.50 1.35 0.89
Dividend payable 1.22 1.15 1.10 1.10 1.03
Trade liabilities 1.05 1.13 1.93 1.51 1.51
Current operating lease liabilities 0.94 0.92 1.02 1.16 1.15
Customer reserves 0.67 0.61 0.84 0.00 0.00
Other 2.62 3.18 3.44 4.26 4.90
Accrued liabilities 11.28% 12.78% 12.77% 12.05% 12.74%
Current liabilities held for disposition 0.01 0.00 0.00 0.00 0.00
Current liabilities 43.01% 35.59% 33.33% 32.08% 32.32%
Long-term debt, excluding current portion 35.28 46.93 46.67 47.47 48.05
Non-current operating lease liabilities 3.05 3.27 2.57 3.70 4.67
Defined benefit plans 7.04 7.84 11.40 14.51 14.32
Non-current contract liabilities 3.18 2.83 2.51 2.60 2.57
Unrecognized tax benefits 0.19 0.23 0.30 0.45 0.50
Deferred income taxes 0.41 0.57 1.50 1.66 1.73
Environmental Reserve 0.89 0.84 0.89 0.00 0.00
Other 1.33 0.89 1.03 2.51 2.26
Other liabilities 13.05% 13.20% 17.62% 21.73% 21.39%
Non-current liabilities held for disposition 0.06 0.00 0.00 0.00 0.00
Non-current liabilities 51.45% 63.39% 66.86% 72.89% 74.10%
Total liabilities 94.46% 98.98% 100.19% 104.97% 106.42%
Preferred stock, $100 par value; none issued and outstanding 0.00 0.00 0.00 0.00 0.00
Common stock, $0.01 par value 0.01 0.02 0.02 0.02 0.02
Additional paid-in capital 12.16 10.19 8.10 6.98 4.69
Retained earnings 12.30 10.48 11.08 10.36 11.64
Accumulated other comprehensive loss -19.05 -19.78 -19.52 -22.49 -22.93
Total Motorola Solutions, Inc. stockholders’ equity (deficit) 5.43% 0.91% -0.33% -5.13% -6.58%
Noncontrolling interests 0.11 0.12 0.14 0.16 0.16
Total stockholders’ equity (deficit) 5.54% 1.02% -0.19% -4.97% -6.42%
Total liabilities and stockholders’ equity (deficit) 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Current Portion of Long-Term Debt
This item remained very low between 2019 and 2022, ranging from 0.01% to 0.15%, but saw a sharp increase in 2023 to 9.85%, indicating a significant rise in the short-term portion of long-term debt obligations.
Accounts Payable
Accounts payable fluctuated moderately over the period, increasing from 5.81% in 2019 to a peak of 8.29% in 2022, before declining to 6.61% in 2023, suggesting some variability in supplier-related liabilities.
Contract Liabilities
This category was relatively stable, hovering between 13.54% and 15.27%, with a slight upward trend ending at 15.27% in 2023.
Compensation
Compensation liabilities showed minor fluctuations, staying within the range of 2.68% to 3.26%, slightly increasing to 3.05% in 2023 after a dip in prior years.
Tax Liabilities
Tax liabilities increased notably from 0.89% in 2019 to a peak of 2.86% in 2022, then decreased to 1.73% in 2023, indicating some variability in tax-related obligations.
Dividend Payable
Dividend payable showed a modest but steady increase from 1.03% in 2019 to 1.22% in 2023, suggesting growing distributions planned for shareholders.
Trade Liabilities
Trade liabilities remained relatively stable with small fluctuations, peaking at 1.93% in 2021 and decreasing to 1.05% in 2023.
Current Operating Lease Liabilities
These liabilities exhibited a slight downward trend from 1.15% in 2019 to 0.94% in 2023, reflecting a minor reduction in lease obligations.
Customer Reserves
Customer reserves data start from 2021, showing a decline from 0.84% to 0.61% in 2022 and a slight rebound to 0.67% in 2023.
Other Current Liabilities
Other current liabilities gradually decreased from 4.9% in 2019 to 2.62% in 2023, indicating a reduction in miscellaneous current obligations.
Accrued Liabilities
Accrued liabilities remained stable around the 12-13% range through 2019 to 2022, with a slight decline to 11.28% in 2023.
Current Liabilities Held for Disposition
Not recorded until 2023, when it appeared marginally at 0.01%.
Total Current Liabilities
Total current liabilities showed an upward trend, rising from 32.32% in 2019 to 43.01% in 2023, reflecting increasing short-term financial obligations.
Long-Term Debt (Excluding Current Portion)
Long-term debt consistently decreased over the period, from 48.05% in 2019 to 35.28% in 2023, indicating a reduction in longer-term borrowing or improved debt management.
Non-Current Operating Lease Liabilities
These liabilities declined from 4.67% in 2019 to 3.05% in 2023, suggesting ongoing reductions in lease commitments over the longer term.
Defined Benefit Plans
Liabilities related to defined benefit plans showed a marked decrease from 14.32% in 2019 to 7.04% in 2023, pointing to significant reductions in pension or post-retirement obligations.
Non-Current Contract Liabilities
Non-current contract liabilities remained relatively steady, with a small increase from 2.57% in 2019 to 3.18% in 2023.
Unrecognized Tax Benefits
This category decreased gradually from 0.5% in 2019 to 0.19% in 2023, indicating reduced uncertain tax positions.
Deferred Income Taxes
Deferred income taxes showed a clear downward trend, dropping from 1.73% in 2019 to 0.41% in 2023, which could imply changes in tax timing differences or strategy.
Environmental Reserve
First reported in 2021 at 0.89%, this item stayed relatively stable through 2023.
Other Non-Current Liabilities
Other non-current liabilities decreased from 21.39% in 2019 to 13.05% in 2023, indicating a reduction in miscellaneous long-term obligations.
Non-Current Liabilities Held for Disposition
Appeared marginally at 0.06% in 2023, previously unreported.
Total Non-Current Liabilities
Total non-current liabilities showed a steady decline from 74.1% in 2019 to 51.45% in 2023, reflecting overall debt reduction and lower long-term obligations.
Total Liabilities
Total liabilities as a percentage of total liabilities and stockholders' equity decreased from 106.42% in 2019 to 94.46% in 2023, indicating an improved balance sheet position.
Common Stock
Common stock remained stable and marginal in proportion, around 0.01% to 0.02% across the period.
Additional Paid-in Capital
Additional paid-in capital increased consistently from 4.69% in 2019 to 12.16% in 2023, suggesting ongoing equity financing or retained capital contributions.
Retained Earnings
Retained earnings fluctuated somewhat but exhibited an overall upward trend from 11.64% in 2019 to 12.3% in 2023, reflecting earnings retention and reinvestment.
Accumulated Other Comprehensive Loss
This item recorded negative values over all years, improving slightly from -22.93% in 2019 to -19.05% in 2023, indicating a reduction in comprehensive losses or valuation adjustments.
Total Stockholders’ Equity (Deficit)
Stockholders’ equity improved significantly from a deficit of -6.42% in 2019 to a positive 5.54% in 2023, indicating strengthening equity position and overall financial health.
Total Liabilities and Stockholders’ Equity
Consistently totaled 100% as expected by definition, confirming the proportional representation of all liabilities and equity.