Motorola 2010 Annual Report Download - page 89

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81
The following table displays a summary of the assets and liabilities held for sale as of December 31, 2010 and
December 31, 2009.
December 31 2010 2009
Assets
Accounts receivable, net $ 351 $ 651
Inventories, net 197 211
Other current assets 431 794
Property, plant and equipment, net 207 336
Investments 83
Goodwill 108 109
Other assets 119 105
$1,421 $2,209
Liabilities
Accounts payable $ 339 $ 442
Accrued liabilities 600 1,144
Other liabilities 144 107
$1,083 1,693
3. Other Financial Data
Statement of Operations Information
Other Charges
Other charges included in Operating earnings (loss) consist of the following:
Years Ended December 31 2010 2009 2008
Other charges (income):
Intangibles amortization $ 258 $277 $ 294
Separation-related transaction costs 242 42 59
Reorganization of businesses 100 235 216
IP settlements and reserve adjustments (359) ——
Legal settlements and related insurance matters, net (29) —14
Environmental reserve charge —23 —
Asset impairments charges —— 1,634
Gain on sale of property, plant and equipment —— (48)
$ 212 $577 $2,169
During 2010, the Company entered into a settlement and license agreement with another company, which
resolves all outstanding litigation between the two companies. The agreement includes provisions for an upfront
payment of $175 million from the other company to Motorola Solutions, future royalties to be paid by the other
company to Motorola Solutions for the license of certain intellectual property, and the transfer of certain patents
between the companies. As a result of this agreement and the valuation of the patents exchanged, the Company
recorded a pre-tax gain of $228 million during the year ended December 31, 2010, related to the settlement of the
outstanding litigation between the parties. The rights to these future royalties transferred to Motorola Mobility as
part of the Separation on January 4, 2011.
During 2010, the Company entered into a settlement agreement with another company to resolve certain
intellectual property disputes between the two companies. As a result of the settlement agreement, the Company
received $65 million in cash and was assigned certain patent properties. As a result of this agreement, the Company
recorded a pre-tax gain of $94 million during the year ended December 31, 2010, related to the settlement of the
outstanding litigation between the parties.