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1
PART I
Throughout this 10-K report we “incorporate by reference” certain information in parts of other documents
filed with the Securities and Exchange Commission (the “SEC”). The SEC allows us to disclose important
information by referring to it in that manner. Please refer to such information.
We are making forward-looking statements in this report. In “Item 1A: Risk Factors” we discuss some of the
risk factors that could cause actual results to differ materially from those stated in the forward-looking statements.
“Motorola Solutions” (which may be referred to as the “Company,” “we,” “us,” or “our”) means Motorola
Solutions, Inc. or Motorola Solutions, Inc. and its subsidiaries, or one of our segments, as the context requires.
Prior to January 4, 2011, the Company’s name was Motorola, Inc. MOTOROLA, MOTO, MOTOROLA
SOLUTIONS and the Stylized M Logo, as well as iDEN are trademarks or registered trademarks of Motorola
Trademark Holdings, LLC and are used under license.
Item 1: Business
Motorola Mobility Separation
On July 1, 2010, an initial registration statement on Form 10 was filed with the U.S. Securities and Exchange
Commission (“SEC”) in connection with the Company’s separation into two independent, publicly traded
companies. Amendments to the initial registration statement were filed on August 31, 2010, October 8,
2010, November 12, 2010 and November 30, 2010. On December 1, 2010, the SEC granted effectiveness to the
Form 10.
On January 4, 2011 (the “Distribution Date”), the separation of Motorola Mobility Holdings, Inc. (“Motorola
Mobility”) from Motorola Solutions (the “Separation”) was completed. Motorola Mobility is now an independent
public company trading under the symbol “MMI” on the New York Stock Exchange. On January 4, 2011, the
Company’s stockholders of record as of the close of business on December 21, 2010 (the “Record Date”) received
one (1) share of Motorola Mobility common stock for each eight (8) shares of Motorola, Inc. common stock held as
of the Record Date (the “Distribution”). The Separation was completed pursuant to an Amended and Restated
Master Separation and Distribution Agreement, effective as of July 31, 2010, among Motorola, Inc., Motorola
Mobility and Motorola Mobility, Inc. All consolidated per share information presented does not give effect to the
Distribution.
After the Distribution Date, the Company does not beneficially own any shares of Motorola Mobility common
stock and will not consolidate Motorola Mobility financial results for the purpose of its own financial reporting.
The financial information presented in this Form 10-K contains the consolidated position of the Company as of
December 31, 2010, which includes the results of Motorola Mobility. Beginning in the first quarter of 2011, the
historical financial results of Motorola Mobility will be reflected in the Company’s consolidated financial statements
as discontinued operations.
Reverse Stock Split and Name Change
On November 30, 2010, Motorola Solutions announced the timing and details regarding the Separation and
the approval of a reverse stock split at a ratio of 1-for-7. Immediately following the Distribution of Motorola
Mobility common stock, the Company completed a 1-for-7 reverse stock split (“the Reverse Stock Split”) and
changed its name to Motorola Solutions, Inc. All consolidated per share information presented gives effect to the
Reverse Stock Split.
Networks Transaction
On July 19, 2010, the Company announced an agreement to sell certain assets and liabilities of its Networks
business to Nokia Siemens Networks B.V. (“NSN”) for $1.2 billion in cash (the “Transaction”). The Transaction is
expected to close in the first quarter of 2011, subject to the satisfaction of closing conditions, including receipt of
regulatory approvals. Based on the terms and conditions of the sale agreement, certain assets including $150 million
of accounts receivable, the Company’s iDEN infrastructure business and substantially all the patents related to the
Company’s Networks business, are excluded from the Transaction.