c o n d e n s e d n o t e s t o
c o n s o l i d a t e d f i n a n c i a l s t a t e m e n t s
(In millions, except as noted) Motorola, Inc. and Consolidated Subsidiaries
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Industry segment information
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Net Sales Operating Profit
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Years ended December 31 1996 1995 1994 1996 1995 1994
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General Systems Products $11,324 $10,660 $8,613 $1,251 11.0% $1,266 11.9% $1,214 14.1%
Semiconductor Products 7,858 8,539 6,936 382 4.9% 1,218 14.3% 996 14.4%
Land Mobile Products 3,986 3,598 3,399 508 12.7% 324 9.0% 311 9.1%
Messaging, Information
and Media Products 3,958 3,681 2,981 90 2.3% 310 8.4% 282 9.5%
Other Products 3,560 3,346 2,660 107 3.0% 131 3.9% 97 3.6%
Adjustments and eliminations (2,713) (2,787) (2,344) (29) -- (48) -- (29) --
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Industry segment totals $27,973 $27,037 $22,245 2,309 8.3% 3,201 11.8% 2,871 12.9%
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General corporate expenses (349) (270) (292)
Interest expense, net (185) (149) (142)
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Earnings before income taxes $1,775 6.3% $2,782 10.3% $2,437 11.0%
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Fixed Asset Depreciation
Assets Expenditures Expense
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Years ended December 31 1996 1995 1994 1996 1995 1994 1996 1995 1994
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General Systems Products $6,736 $6,118 $4,699 $709 $762 $621 $499 $450 $327
Semiconductor Products 7,889 7,938 5,886 1,416 2,530 1,640 1,160 909 683
Land Mobile Products 2,113 2,097 2,232 158 169 217 161 155 142
Messaging, Information
and Media Products 2,506 2,527 2,087 275 357 270 243 204 167
Other Products 1,851 1,839 1,470 161 285 320 197 154 143
Adjustments and eliminations (262) (224) (72) -- -- -- -- -- --
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Industry segment totals 20,833 20,295 16,302 2,719 4,103 3,068 2,260 1,872 1,462
General corporate 3,243 2,443 1,193 254 122 254 48 47 63
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Consolidated totals $24,076 $22,738 $17,495 $2,973 $4,225 $3,322 $2,308 $1,919 $1,525
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Geographic area information *
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Net Sales Operating Profit
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Years ended December 31 1996 1995 1994 1996 1995 1994
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United States $20,614 $19,187 $16,297 $1,249 6.1% $1,681 8.8% $1,932 11.9%
Other nations 16,883 16,954 12,758 1,430 8.5% 1,901 11.2% 1,292 10.1%
Adjustments and eliminations (9,524) (9,104) (6,810) (370) -- (381) -- (353) --
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Geographic totals $27,973 $27,037 $22,245 2,309 8.3% 3,201 11.8% 2,871 12.9%
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General corporate expenses (349) (270) (292)
Interest expense, net (185) (149) (142)
------ ------ ------
Earnings before income taxes $1,775 6.3% $2,782 10.3% $2,437 11.0%
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Assets
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December 31 1996 1995 1994
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United States $12,797 $12,552 $10,750
Other nations 8,604 8,197 5,902
Adjustments and eliminations (568) (454) (350)
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Geographic totals 20,833 20,295 16,302
General corporate assets 3,243 2,443 1,193
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Consolidated totals $24,076 $22,738 $17,495
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*
As measured by the locale of the revenue-producing operations.
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