MOTOROLA SOLUTIONS, INC. (MSI) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-07-04

Swipe to see the full flow
MOTOROLA SOLUTIONS, INC. cash flow reconciliation, Jan 1, 2026 through Jul 4, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net earnings → Net cash from operating activities: $920,000,000.00Net earnings → Operating adjustments reconciliation: $6,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $291,000,000.00Share-based compensation expenses → Operating adjustments reconciliation: $204,000,000.00Contingent earnout adjustment → Operating adjustments reconciliation: $91,000,000.00Accounts receivable → Operating adjustments reconciliation: $36,000,000.00Deferred income taxes → Operating adjustments reconciliation: $10,000,000.00Other current assets and contract assets → Operating adjustments reconciliation: $9,000,000.00Operating adjustments reconciliation → Inventories: $355,000,000.00Operating adjustments reconciliation → Accounts payable, accrued liabilities and contract liabilities: $208,000,000.00Operating adjustments reconciliation → Other assets and liabilities: $84,000,000.00Proceeds from sales of investments and businesses, net → investing reconciliation: $6,000,000.00Proceeds from sales of property, plant and equipment → investing reconciliation: $1,000,000.00investing reconciliation → Acquisitions and investments, net: $224,000,000.00investing reconciliation → Capital expenditures: $117,000,000.00Net cash used in financing activities → financing reconciliation: $999,000,000.00Net proceeds from short-term borrowings → financing reconciliation: $65,000,000.00financing reconciliation → Purchases of common stock: $449,000,000.00financing reconciliation → Payments of dividends: $402,000,000.00financing reconciliation → Repayments of short-term debt: $200,000,000.00financing reconciliation → Issuances of common stock, net of tax: $9,000,000.00financing reconciliation → Payments of dividends to non-controlling interests: $4,000,000.00Net cash used in investing activities → investing reconciliation: $334,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $1,165,000,000.00Net cash from operating activities → Cash sources and uses: $920,000,000.00Cash sources and uses → Exchange-rate effect: $42,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $710,000,000.00Cash sources and uses → Net cash used in investing activities: $334,000,000.00Cash sources and uses → Net cash used in financing activities: $999,000,000.00Accounts payable, accrued liabilities and contract liabilities: -$208,000,000.00Payables, accruals & contracts−$208.00 MAccounts receivable: $36,000,000.00Accounts receivable+$36.00 MOther assets and liabilities: -$84,000,000.00Other working capital, net−$84.00 MNon-cash other income: $0.00Inventories: -$355,000,000.00Inventories−$355.00 MNet earnings: $926,000,000.00Net earnings+$926.00 MShare-based compensation expenses: $204,000,000.00Stock-based compensation+$204.00 MDeferred income taxes: $10,000,000.00Deferred income taxes+$10.00 MDepreciation and amortization: $291,000,000.00Depreciation & amortization+$291.00 MOther current assets and contract assets: $9,000,000.00Other operating assets+$9.00 MContingent earnout adjustment: $91,000,000.00Contingent consideration change+$91.00 MNet cash from operating activities: $920,000,000.00Operating cash+$920.00 MOperating adjustments reconciliation: $647,000,000.00Net proceeds from issuance of debt: $0.00Repayments of short-term debt: -$200,000,000.00Short-term debt repaid−$200.00 MRevolving credit facility renewal fees: $0.00Issuances of common stock, net of tax: -$9,000,000.00Common stock issued−$9.00 MPurchases of common stock: -$449,000,000.00Common stock repurchases−$449.00 MPayments of dividends: -$402,000,000.00Common dividends paid−$402.00 MPayments of dividends to non-controlling interests: -$4,000,000.00Noncontrolling dividends−$4.00 MNet proceeds from short-term borrowings: $65,000,000.00Short-term debt issued+$65.00 MNet cash used in financing activities: -$999,000,000.00. Cash required to fund net payments.Financing cash−$999.00 Mfinancing reconciliation: $1,064,000,000.00Acquisitions and investments, net: -$224,000,000.00Acquisitions & investments, net−$224.00 MProceeds from sales of investments and businesses, net: $6,000,000.00Investment & business sales, net+$6.00 MCapital expenditures: -$117,000,000.00Capital expenditures−$117.00 MProceeds from sales of property, plant and equipment: $1,000,000.00PP&E sales+$1.00 MNet cash used in investing activities: -$334,000,000.00. Cash required to fund net payments.Investing cash−$334.00 Minvesting reconciliation: $341,000,000.00Cash sources and uses: $2,085,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $1,165,000,000.00Beginning cash$1.17 BEnding cash: Cash, cash equivalents, and restricted cash: $710,000,000.00Ending cash$710.00 MExchange-rate effect: -$42,000,000.00FX effect−$42.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$803.00 MOperating cash − cash spent on productive assetsCash flow / Net income0.99×Operating cash flow ÷ net incomeNet cash change−$455.00 MEnding cash − beginning cash
Chart details

MOTOROLA SOLUTIONS, INC. cash flow reconciliation, Jan 1, 2026 through Jul 4, 2026

Cash flows for Jan 1, 2026 through Jul 4, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jul 4, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
1,165,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
920,000,000 US dollars. Net cash provided.
Accounts payable, accrued liabilities and contract liabilities
negative 208,000,000 US dollars
Accounts receivable
36,000,000 US dollars
Other assets and liabilities
negative 84,000,000 US dollars
Non-cash other income
0 US dollars
Inventories
negative 355,000,000 US dollars
Net earnings
926,000,000 US dollars
Share-based compensation expenses
204,000,000 US dollars
Deferred income taxes
10,000,000 US dollars
Depreciation and amortization
291,000,000 US dollars
Other current assets and contract assets
9,000,000 US dollars
Contingent earnout adjustment
91,000,000 US dollars
Investing activities
negative 334,000,000 US dollars. Net cash used.
Acquisitions and investments, net
negative 224,000,000 US dollars
Proceeds from sales of investments and businesses, net
6,000,000 US dollars
Capital expenditures
negative 117,000,000 US dollars
Proceeds from sales of property, plant and equipment
1,000,000 US dollars
Financing activities
negative 999,000,000 US dollars. Net cash used.
Net proceeds from issuance of debt
0 US dollars
Repayments of short-term debt
negative 200,000,000 US dollars
Revolving credit facility renewal fees
0 US dollars
Issuances of common stock, net of tax
negative 9,000,000 US dollars
Purchases of common stock
negative 449,000,000 US dollars
Payments of dividends
negative 402,000,000 US dollars
Payments of dividends to non-controlling interests
negative 4,000,000 US dollars
Net proceeds from short-term borrowings
65,000,000 US dollars
Operating adjustment reconciliation
647,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
1,064,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
341,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 42,000,000 US dollars
Ending cash on Jul 4, 2026
710,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
2,085,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 455,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
0.99×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
920,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
117,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
803,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income exceeds operating cash. The diagram allocates $920.00M of net income directly to operating cash and $6.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 920,000,000 US dollars minus 117,000,000 US dollars equals 803,000,000 US dollars.
MOTOROLA SOLUTIONS, INC. (MSI) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!