Motorola 2014 Annual Report Download - page 58

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56
3. Other Financial Data
Statement of Operations Information
Other Charges (income)
Other charges (income) included in Operating earnings (loss) consist of the following:
Years ended December 31 2014 2013 2012
Other charges (income):
Intangibles amortization (see Note 14) $ 4 $ 1 $ 1
Reorganization of businesses (see Note 13) 64 70 27
Settlement of pension plan, including transaction fees (see Note 7) 1,917 — —
Legal and related insurance matters, net 8— (16)
Gain on sale of building and land (21) — —
$ 1,972 $ 71 $ 12
During 2014, the Company completed the sale of a building and parcel of land on its Schaumburg, Illinois campus with a
net book value of $3 million for net cash proceeds of $24 million resulting in a gain on sale of $21 million. Also, the Company
recognized an $8 million loss related to the settlement of a legal matter.
During 2012, the Company recorded a $16 million gain in connection with the settlement of a legal matter involving the
legacy paging business.
Other Income (Expense)
Interest expense, net, and Other both included in Other income (expense) consist of the following:
Years ended December 31 2014 2013 2012
Interest expense, net:
Interest expense $ (147) $ (132) $ (108)
Interest income 21 19 42
$ (126) $ (113) $ (66)
Other:
Loss from the extinguishment of long-term debt $ (37) $ — $ (6)
Investment impairments —(3) (4)
Foreign currency loss (7) (9) (1)
Gains on equity method investments 16 10 3
Other (6) 11 9
$ (34) $ 9 $ 1