Motorola 2011 Annual Report Download - page 111
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105
The following table displays the net charges incurred by business segment:
Year Ended December 31, 2009
Government $67
Enterprise 35
102
The following table displays a rollforward of the reorganization of businesses accruals established for exit costs
and employee separation costs from January 1, 2009 to December 31, 2009:
2009
Accruals at
January 1
Additional
Charges Adjustments
Amount
Used
Accruals at
December 31
Exit costs $14 $ 6 $ (1) $ (3) $16
Employee separation costs 42 114 (17) (108) 31
$56 $120 $(18) $(111) $47
Exit Costs
At January 1, 2009, the Company had an accrual of $14 million for exit costs attributable to lease
terminations. The 2009 additional charges of $6 million were primarily related to the exit of leased facilities and
contractual termination costs. The adjustments of $1 million reversals of accruals no longer needed. The $3 million
used in 2009 reflected cash payments. The remaining accrual of $16 million, which was included in Accrued
liabilities in the Company’s consolidated balance sheets at December 31, 2009, represented future cash payments,
primarily for lease termination obligations.
Employee Separation Costs
At January 1, 2009, the Company had an accrual of $42 million for employee separation costs, representing the
severance costs for approximately 900 employees. The additional 2009 charges of $114 million were severance costs
for approximately an additional 2,000 employees, of which 500 were direct employees and 1,500 were indirect
employees. The adjustments of $17 million reflected reversals of accruals no longer required.
During 2009, approximately 1,500 employees, of which 200 were direct employees and 1,300 were indirect
employees, were separated from the Company. The $108 million used in 2009 reflected cash payments to these
separated employees. The remaining accrual of $31 million was included in Accrued liabilities in the Company’s
consolidated balance sheets at December 31, 2009.
14. Intangible Assets and Goodwill
The Company accounts for acquisitions using purchase accounting with the results of operations for each
acquiree included in the Company’s consolidated financial statements for the period subsequent to the date of
acquisition. The pro forma effects of these acquisitions on the Company’s consolidated financial statements were
not significant individually nor in the aggregate. The Company did not have any significant acquisitions during the
years ended December 31, 2011, 2010 and 2009.
Intangible Assets
Amortized intangible assets were comprised of the following:
2011 2010
December 31
Gross
Carrying
Amount Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Intangible assets:
Completed technology $ 635 $ 627 $ 642 $532
Patents 277 277 277 211
Customer-related 137 103 148 90
Licensed technology 23 18 25 18
Other intangibles 90 89 101 96
$1,162 $1,114 $1,193 $947