Motorola 2011 Annual Report Download - page 67

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61
Motorola Solutions, Inc. and Subsidiaries
Consolidated Balance Sheets
December 31
(In millions, except per share amounts) 2011 2010
ASSETS
Cash and cash equivalents $ 1,881 $ 4,208
Sigma Fund and short-term investments 3,210 4,655
Accounts receivable, net 1,866 1,547
Inventories, net 512 521
Deferred income taxes 613 871
Other current assets 676 748
Current assets held for sale 10 4,604
Total current assets 8,768 17,154
Property, plant and equipment, net 896 922
Sigma Fund 70
Investments 166 172
Deferred income taxes 2,375 1,920
Goodwill 1,428 1,429
Other assets 294 734
Non-current assets held for sale 23,176
Total assets $13,929 $25,577
LIABILITIES AND STOCKHOLDERS’ EQUITY
Notes payable and current portion of long-term debt $ 405 $ 605
Accounts payable 677 731
Accrued liabilities 2,721 2,574
Current liabilities held for sale 12 4,800
Total current liabilities 3,815 8,710
Long-term debt 1,130 2,098
Other liabilities 3,710 3,045
Non-current liabilities held for sale 737
Stockholders’ Equity
Preferred stock, $100 par value
Common stock: 12/31/11—$.01 par value; 12/31/10—$.01 par value 33
Authorized shares: 12/31/11—600.0; 12/31/10—600.0
Issued shares: 12/31/11—320.0; 12/31/10—337.2
Outstanding shares: 12/31/11—318.8; 12/31/10—336.3
Additional paid-in capital 7,071 8,644
Retained earnings 1,016 4,460
Accumulated other comprehensive loss (2,876) (2,222)
Total Motorola Solutions, Inc. stockholders’ equity 5,214 10,885
Noncontrolling interests 60 102
Total stockholders’ equity 5,274 10,987
Total liabilities and stockholders’ equity $13,929 $25,577
See accompanying notes to consolidated financial statements.