Motorola 2011 Annual Report Download - page 77

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71
The following table displays a summary of the assets and liabilities held for sale as of December 31, 2011 and
December 31, 2010. As of December 31, 2011, the assets and liabilities held for disposition relate to the assets and
liabilities of the Networks business in a country that is yet to close.
December 31 2011 2010
Assets
Accounts receivable, net $6 $2,072
Inventories, net 41,040
Other current assets —1,492
Property, plant and equipment, net 21,013
Investments —145
Goodwill —1,504
Other assets —514
$12 $7,780
Liabilities
Accounts payable $3 $2,060
Accrued liabilities —2,740
Other liabilities 8737
$11 5,537
3. Other Financial Data
Statement of Operations Information
Other Charges
Other charges included in Operating earnings consist of the following:
Years Ended December 31 2011 2010 2009
Other charges (income):
Intangibles amortization $200 $203 $218
Reorganization of businesses 52 54 88
IP settlements and reserve adjustment —(78) —
Legal and related insurance matters, net 88 (29) (75)
Environmental reserve charge ——24
Pension plan adjustments, net (9) ——
Long-term financing receivable reserve 10 ——
$341 $150 $255
During 2011, the Company recorded $88 million of net charges for legal matters. These charges primarily
relate to the Silverman litigation and legal matters related to the legacy paging business.
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 $39 million (and $55 million was recorded in discontinued operations) during the year
ended December 31, 2010, related to the settlement of the outstanding litigation between the parties.