Motorola Solutions Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.38B | $6.04B | $5.70B | $5.88B | $6.23B | $6.27B | $8.20B | $7.62B |
| Cost of Revenue | $3.36B | $3.17B | $2.98B | $3.05B | $3.12B | $3.08B | $4.06B | $3.81B |
| Gross Profit | $3.02B | $2.87B | $2.72B | $2.83B | $3.11B | $3.19B | $4.15B | $3.81B |
| Gross Margin | 47.4% | 47.5% | 47.7% | 48.1% | 49.9% | 50.9% | 50.5% | 50.0% |
| Operating Expenses | ||||||||
| Research & Development | $568.0M | $553.0M | $620.0M | $681.0M | $761.0M | $790.0M | $1.04B | $1.04B |
| SG&A Expense | $1.03B | $1.04B | $1.02B | $1.18B | $1.33B | $1.47B | $1.91B | $1.87B |
| Operating Income | $1.28B | $1.05B | $994.0M | $-1.01B | $947.0M | $920.0M | $858.0M | $751.0M |
| Operating Margin | 20.1% | 17.4% | 17.5% | -17.1% | 15.2% | 14.7% | 10.5% | 9.9% |
| Interest Expense | $215.0M | $225.0M | $186.0M | $147.0M | $132.0M | $108.0M | $132.0M | $217.0M |
| Pretax Income | $1.08B | $844.0M | $917.0M | $-1.16B | $880.0M | $881.0M | $738.0M | $664.0M |
| Income Tax Expense | $1.23B | $282.0M | $274.0M | $-465.0M | $-59.0M | $211.0M | $-3.0M | $403.0M |
| Net Income | $-155.0M | $560.0M | $610.0M | $1.30B | $1.10B | $881.0M | $1.16B | $633.0M |
| Net Margin | -2.4% | 9.3% | 10.7% | 22.1% | 17.6% | 14.1% | 14.1% | 8.3% |
| EPS (Basic) | $-0.95 | $3.30 | $3.06 | $5.29 | $4.13 | $3.02 | $3.47 | $1.90 |
| EPS (Diluted) | $-0.95 | $3.24 | $3.02 | $5.29 | $4.06 | $2.96 | $3.41 | $1.87 |
| Shares Outstanding (Basic) | 162.9M | 169.6M | 199.6M | 245.6M | 266.0M | 292.1M | 333.8M | 333.3M |
| Shares Outstanding (Diluted) | 162.9M | 173.1M | 201.8M | 245.6M | 270.5M | 297.4M | 339.7M | 338.1M |
| Dividends Per Share | $1.93 | $1.70 | $1.43 | $1.30 | $1.14 | $0.96 | $0.22 | $0.00 |