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SECURITIES AND EXCHANGE COMMISSION
100 F Street, N.E.
Washington, D.C. 20549
(202) 942-2940
FORM 11-K
(Mark One)
     
þ   ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
for the fiscal year ended December 31, 2008
or
     
o   TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
for the transition period from                      to                     .
Commission file number: 1-7221
A.   Full title of the plan and the address of the plan, if different from that of the issuer named below:
MOTOROLA 401(k) PLAN
B.   Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
Motorola, Inc., 1303 E. Algonquin Road, Schaumburg, IL 60196
 
 

 


 

Financial Statements, Signatures and Exhibits
The following financial statements, signatures and exhibits are part of this report.
         
(a) Financial Statements
       
 
       
Report of Independent Registered Public Accounting Firm
    1  
 
       
Statements of Net Assets Available for Benefits
    2  
 
       
Statement of Changes in Net Assets Available for Benefits
    3  
 
       
Notes to Financial Statements
    4  
 
       
Schedule H Line 4(i) — Schedule of Assets (Held at End of Year)
    14  
 
       
(b) Signatures
    18  
 
       
(c) Exhibits
       
             
Exhibit No.   Description   Page
 
           
No. 23.1
  Consent of Crowe Horwath LLP     19  

 


 

MOTOROLA 401(k) PLAN
Schaumburg, Illinois
FINANCIAL STATEMENTS
December 31, 2008 and 2007
CONTENTS
         
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
    1  
 
       
FINANCIAL STATEMENTS
       
 
       
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
    2  
 
       
STATEMENT OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
    3  
 
       
NOTES TO FINANCIAL STATEMENTS
    4  
 
       
SUPPLEMENTAL SCHEDULE
       
 
       
SCHEDULE H, LINE 4i — SCHEDULE OF ASSETS (HELD AT END OF YEAR)
    14  

 


 

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Motorola, Inc.
     401(k) Plan Committee
Schaumburg, Illinois
We have audited the accompanying statements of net assets available for benefits of the Motorola 401(k) Plan (“the Plan”) as of December 31, 2008 and 2007, and the related statement of changes in net assets available for benefits for the year ended December 31, 2008. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2008 and 2007, and the changes in net assets available for benefits for the year ended December 31, 2008 in conformity with U.S. generally accepted accounting principles.
Our audit was conducted for the purpose of expressing an opinion on the basic financial statements taken as a whole. The supplemental schedule of assets (held at end of year) is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in the audit of the basic 2008 financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic 2008 financial statements taken as a whole.
/s/ Crowe Horwath LLP

Crowe Horwath LLP
Oak Brook, Illinois
June 24, 2009

 


 

MOTOROLA 401(K) PLAN
Schaumburg, Illinois
Financial Statements
December 31, 2008 and 2007

 


 

MOTOROLA 401(k) PLAN
Statements of Net Assets Available for Benefits
December 31, 2008 and 2007
(In thousands)
                 
    2008     2007  
Assets:
               
Investments at fair value:
               
U.S. Government and agencies securities
  $ 66,753     $ 37,673  
Short term and other investments
    1,690       1,691  
Corporate bonds and debentures
    96,039       116,538  
Motorola, Inc. common stock
    147,748       383,338  
Investments in common/collective trusts
    3,798,590       5,339,805  
Investments under securities lending agreements (Note 5)
    89,259       58,978  
Securities lending collateral pool (Note 5)
    90,900       60,167  
Other
    446        
Participant loans
    58,758       56,317  
 
           
 
               
Total investments
    4,350,183       6,054,507  
 
               
Receivables:
               
Employer contributions
    5,435       5,113  
Employee contributions
    11       169  
Pending trade sales
          2,916  
Interest receivable
    1,489       3,014  
Dividends receivable
    1,675       1,203  
 
           
 
               
Total receivables
    8,610       12,415  
 
           
 
               
Total assets
    4,358,793       6,066,922  
 
               
Liabilities:
               
Pending trade purchases
    1,091       1,040  
Obligations for collateral received for investments under securities lending (Note 5)
    92,050       60,167  
Other
          570  
 
           
 
               
Total liabilities
    93,141       61,777  
 
           
 
               
Net assets available for benefits
  $ 4,265,652     $ 6,005,145  
 
           
See accompanying notes to financial statements.

2


 

MOTOROLA 401(k) PLAN
Statement of Changes in Net Assets Available for Benefits
Year ended December 31, 2008
(In thousands)
         
Additions to net assets attributed to:
       
Investment income:
       
Interest and dividends
  $ 32,827  
 
     
 
       
Total investment income, excluding net depreciation
    32,827  
 
       
Contributions:
       
Participants
    227,631  
Employer
    90,782  
Rollover
    7,568  
 
     
 
       
Total contributions
    325,981  
 
     
 
       
Total additions
    358,808  
 
       
Deductions from net assets attributed to:
       
Net depreciation in fair value of investments
    1,795,978  
Benefits paid to participants
    528,665  
Administrative and other expenses
    7,278  
 
     
 
       
Total deductions
    2,331,921  
 
     
 
       
Net decrease before transfers
    (1,973,113 )
 
       
Transfer of assets relating to plan mergers, net (Note 7)
    233,620  
 
     
 
       
Net decrease
    (1,739,493 )
 
       
Net assets available for benefits:
       
Beginning of year
    6,005,145  
 
     
 
       
End of year
  $ 4,265,652  
 
     
     See accompanying notes to financial statements.

3


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(1)   Description of Plan
 
    The following description of the Motorola 401(k) Plan (the Plan) provides only general information. Participants should refer to the Plan agreement for a more complete description of the Plan’s provisions.
  (a)   General
 
      The Plan is a defined contribution plan sponsored by Motorola, Inc. and certain subsidiaries (the Company) covering substantially all domestic employees. Employees become eligible to contribute to the Plan immediately upon employment. Pension-eligible participants (defined below) are eligible to receive Company contributions to their account on the first of the month following their first (or a subsequent) employment anniversary, after they have completed an anniversary year in which they worked at least 1,000 hours. Non-pension eligible participants are eligible for Company contributions as soon as they begin making elective deferrals.
 
      Effective October 1, 2002, the Plan was amended to convert a portion of the Plan to a stock bonus plan and non-leveraged employee stock ownership plan (ESOP). The ESOP portion of the Plan is designed to invest primarily in shares of the Company’s common stock. The ESOP portion of the Plan is participant directed. Each participant is entitled to exercise voting rights attributable to the shares allocated to their account and is notified by the Trustee prior to the time that such rights are to be exercised. Dividends paid on the Company’s common stock are allocated to the participant’s account and reinvested in Company common stock or paid directly to the participant at the election of the participant. Pass-through dividends amounted to $137,526 in 2008.
 
  (b)   Contributions
 
      Participants may elect to contribute up to 30% of their pre-tax compensation, up to the annual deferral limit set by the Internal Revenue Code (IRC). The annual deferral limit as set by the IRC was $15,500 in 2008. The Plan also allows for participants age 50 and older to contribute additional tax-deferred contributions. These catch-up contributions were subject to IRS limits of $5,000 in 2008.
 
      The Company makes matching contributions to participants equal to $0.50 for each dollar of participant deferrals up to 6% of pre-tax compensation, not to exceed 3% of pre-tax compensation for the period.
 
      Effective January 1, 2005, the Company froze its defined benefit pension plan (Pension Plan) to new participants. As a result of freezing the Pension Plan, new employees of the Company will not be eligible to participate in the Pension Plan and will be designated as non-pension eligible. Non-pension eligible participants will receive a matching contribution equal to $1.00 for each dollar of participant deferrals up to 3% of pre-tax compensation, and $0.50 for each dollar of participant deferrals between 3% and 5% of pre-tax compensation. There is no change for pension-eligible participants.

4


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(1)   Description of Plan (Continued)
  (c)   Participant Accounts
 
      Each participant’s account is credited with the participant’s elective deferrals, and allocations of Company matching contributions, plan earnings, and charged with an allocation of administrative expenses. Allocations are based on participant earnings or account balances as defined in the Plan document. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.
 
  (d)   Vesting
 
      Participants are fully vested in their elective deferrals and related earnings at all times. A participant will be 100% vested in employer contributions and earnings thereon after they have completed an anniversary year. However, the participant becomes 100% vested in their account balances upon reaching normal retirement age, total and permanent disability, death, or Plan termination.
 
      Participants who terminated employment prior to July 1, 2000, but chose to leave their account balances in the Plan are subject to forfeit the unvested portion of employer contributions upon the earlier of their withdrawal from the Plan, or the five year anniversary of their employment termination. Terminated employees who have left their account balances in the Plan and are rehired by the Plan Sponsor within five years are not subject to forfeiture of their unvested employer contributions. The portion of employer contributions not vested upon termination of employment is forfeited and is used to offset Company contributions. For the year ended December 31, 2008, all forfeiture amounts of $299,561 were used to offset Company contributions.
 
  (e)   Benefits
 
      At the option of the participant, distributions from the Plan may be made in the form of: (a) a lump-sum distribution with the option of receiving shares of Motorola stock or cash, (b) annual distributions from the Plan (available only to retiring participants), or (c) combinations thereof. Participants hired after January 1, 1996 may not elect the Annuity or Annual Distribution options. Partial distributions (with a minimum of $5,000) are made available to participants, with no more than one distribution in any three-month period. Participants are not required to cash out their entire benefits at age 70 (although this requirement applies to beneficiaries). Additionally, in-service withdrawals are extended to participants who have attained age 59-1/2 for pretax, post-tax, and rollover contributions. Hardship withdrawal of rollover contributions is permitted. Participants who terminate employment with the Company for any reason, and have a vested account balance of $1,000 or less will have their account balance distributed in the form of a lump-sum distribution.
 
      Participants who have attained the age of 70-1/2 and who are an employee of the Company may withdraw all or any portion of his/her account subject to IRS minimum distribution requirements. A participant may not take more than one withdrawal in any six-month period, and the minimum withdrawal shall be $200.
 
      Participants who are employees of the Company and who have made a rollover transfer into the Plan may withdraw all or any portion of their rollover transfer amounts at any time. A participant may not take more than one withdrawal in any six-month period, and the minimum withdrawal shall be $200.

5


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(1)   Description of Plan (Continued)
  (f)   Participant Loans
 
      Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 less their highest outstanding loan balance in the last 12 months or 50% of their vested account balance. Loan transactions are treated as a transfer to/from the investment fund to the Participant Loan Fund. Loan terms range from 1-5 years or up to 10 years for the purchase of a primary residence. The loans are secured by the balance in the participant’s account and bear interest at a reasonable interest rate commensurate with local prevailing rates as determined quarterly by the plan administrator. Interest rates are based on the prime rate (published in the Wall Street Journal) plus 0.5% unless the plan administrator determines the interest rate is not reasonable. Prior to July 16, 2003, interest rates included a 0.3% loan insurance fee. Principal and interest is paid ratably through payroll deductions. A $50 processing fee is charged for loans.
 
  (g)   Plan Termination
 
      Although the Company has not expressed any intent to do so, it may terminate the Plan at any time. It has the right under the Plan to discontinue contributions at any time and terminate the Plan subject to the provisions of ERISA.
(2)   Summary of Significant Accounting Policies
  (a)   Basis of Presentation
 
      The accompanying financial statements have been prepared on the accrual basis of accounting in conformity with accounting principals generally accepted in the United States of America.
 
  (b)   Use of Estimates
 
      The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
 
  (c)   Adoption of New Accounting Standards
 
      In September 2006, the FASB issued Statement No. 157, Fair Market Measurements (FAS 157). The Statement defines fair value, establishes a framework for measuring fair value, and expands disclosures about fair value measurements. The standard is effective for financial statements issued for fiscal years beginning after November 15, 2007. In October 2008, the FASB issued Staff Position (FSP) 157-3, Determining the Fair Value of a Financial Asset when the Market for That Asset Is Not Active. This FSP clarifies the application of FAS 157 in a market that is not active. The impact of adoption of these standards as of January 1, 2008 was not material to the Plan’s net assets available for benefits.

6


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(2)   Summary of Significant Accounting Policies (Continued)
  (d)   Effect of Newly Issued But Not Yet Effective Accounting Standards
 
      In April 2009, the FASB issued Staff Position (FSP) No. 157-4, Determining Fair Value When the Volume and Level of Activity for the Asset and Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly. This FSP emphasizes that even if there has been a significant decrease in the volume and level of activity, the objective of a fair value measurement remains the same. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants. The FSP provides a number of factors to consider when evaluating whether there has been a significant decrease in the volume and level of activity for an asset or liability in relation to normal market activity. In addition, when transactions or quoted prices are not considered orderly, adjustments to those prices based on the weight of available information may be needed to determine the appropriate fair value. The FSP also requires increased disclosures. This FSP is effective for annual reporting periods ending after June 15, 2009, and shall be applied prospectively. Plan management does not expect the adoption to have a material effect on the Plan’s net assets available for benefits or changes therein.
 
  (e)   Investment Valuation and Income Recognition
 
      The Plan’s investments are reported at fair value. Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date.
 
      FAS 157 defines fair value as the price that would be received by the Plan for an asset or paid by the Plan to transfer a liability (an exit price) in an orderly transaction between market participants on the measurement date in the Plan’s principal or most advantageous market for the asset or liability. FAS 157 establishes a fair value hierarchy which requires the Plan to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The hierarchy places the highest priority on unadjusted quoted market prices in active markets for identical assets or liabilities (level 1 measurements) and gives the lowest priority to unobservable inputs (level 3 measurements). The three levels of inputs within the fair value hierarchy are defined as follows:
Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the Plan has the ability to access as of the measurement date.
Level 2: Significant other observable inputs other than level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.
Level 3: Significant unobservable inputs that reflect the Plan’s own assumptions about the assumptions that market participants would use in pricing an asset or liability.

7


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(2)   Summary of Significant Accounting Policies (Continued)
In many cases, a valuation technique used to measure fair value includes inputs from multiple levels of the fair value hierarchy. The lowest level of significant input determines the placement of the entire fair value measurement in the hierarchy.
The following are descriptions of the valuation methods and assumptions used for investments of the Plan, including securities loaned and collateral for securities loaned.
The fair values of publicly traded common stocks are determined by obtaining quoted prices on nationally recognized securities exchanges (level 1 inputs).
Fair values of U.S. Treasury and agency securities are determined based on recent bid prices (level 2 inputs).
Corporate bonds are valued based on yields currently available on comparable securities of issuers with similar credit ratings (level 2 inputs). When quoted prices are not available for identical or similar bonds, the bond is valued using matrix pricing, a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (level 2 inputs). Certain corporate bonds are valued using extrapolated data, proprietary models, and indicative quotes (level 3 inputs).
The fair values of investments in most common collective trusts are valued as determined by the custodian based on their net asset values and supported by the value of the underlying securities and by the unit prices of actual purchase and sale transactions occurring as of or close to the financial statement date (level 2 inputs). Short-term investments consist of a common collective trust with principal preservation as its primary objective.
Fair values of certificates of deposit are estimated to approximate deposit account balances, payable on demand, as no discounts for credit quality or liquidity were determined to be applicable (level 2 inputs).
Participant loans are reported at amortized cost. The fair value of participant loans is not practicable to estimate due to restrictions placed on the transferability of the loans.

8


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(2)   Summary of Significant Accounting Policies (Continued)
Investments measured at fair value on a recurring basis are summarized below:
                         
    Fair Value Measurements
    at December 31, 2008 Using
    Quoted Prices in   Significant    
    Active Markets   Other   Significant
    for Identical   Observable   Unobservable
    Assets   Inputs   Inputs
    (Level 1)   (Level 2)   (Level 3)
Investments, excluding participant loans
  $ 147,748     $ 4,143,453     $ 224  
The table below presents a reconciliation of Plan investments measured at fair value on a recurring basis using significant unobservable inputs (level 3) for the year ended December 31, 2008, including the reporting classifications for the applicable gains and losses included in the statement of changes in the net assets available for benefits:
         
    Fair Value Measurements using Significant  
    Unobservable Inputs (Level 3) (in thousands)  
    Corporate bonds  
Beginning balance, January 1, 2008
  $  
Total unrealized and unrealized gains or losses
    0  
Included in change in net assets available for benefits:
       
Interest and dividend income
     
Net realized and unrealized appreciation (depreciation)
    (13 )
Purchases, sales, issuances and settlements (net)
    237  
Transfers in and / or out of Level 3
     
 
     
Ending balance, December 31, 2008
  $ 224  
 
     
  (f)   Administrative and Other Expenses
The expenses necessary to administer the Plan are paid out of Plan assets. Certain plan related expenses may be paid by the Company at its discretion.
  (g)   Payment of Benefits
Benefits are recorded when paid.

9


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(2)   Summary of Significant Accounting Policies (Continued)
  (h)   Risk and Uncertainties
 
      The Plan invests in various investment securities. These investment securities are exposed to various risks, such as interest rate, market, liquidity and credit risks. Due to the level of risk associated with certain investment securities and the sensitivity of certain fair value estimates to changes in valuation assumptions, it is at least reasonably possible that changes in the value of investment securities will occur in the near term and that such changes could materially affect the participants’ account balances and the amounts reported in the statement of net assets available for benefits.
 
  (i)   Reclassification
 
      Certain amounts in the December 31, 2007 financial statements have been reclassified to conform to the December 31, 2008 presentation.
(3)   Party-in-Interest Transactions
 
    Certain Plan assets are invested in participant loans or investments managed by The Northern Trust Company, the custodian and trustee of the Plan, therefore, these transactions qualify as party-in-interest transactions. These transactions are not, however, considered prohibited transactions under section 408(b) of the ERISA regulations. The Plan paid certain administrative fees to the trustee, third-party administrator, and various investment managers which qualify as party-in-interest transactions.
 
    At December 31, 2008 and 2007, the Plan had $147,748,093 and $383,338,516, respectively, invested in Company stock through a unitized investment fund managed by the trustee. The Plan held 33,351,714 and 23,898,910 shares of Company stock as of December 31, 2008 and 2007, respectively. The Plan also received dividend income on Company stock of $5,238,640 for 2008.
 
(4)   Investments
 
    At December 31, 2008, the fair value of individual investments which exceeded 5% of net assets available for benefits are as follows (in thousands):
         
Northern Trust Common Collective Funds:
       
S&P 500 Equity Index Fund
  $ 1,287,177  
S&P Midcap 400 Equity Index Fund
    384,907  
EAFE Index Fund
    566,283  
Collective Daily Aggregate Bond Fund
    883,359  
 
       
Short Term Investment Fund
    522,724  

10


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(4)   Investments (Continued)
 
    At December 31, 2007, the fair value of individual investments which exceeded 5% of net assets available for benefits are as follows (in thousands):
         
Northern Trust Common Collective Funds:
       
S&P 500 Equity Index Fund
  $ 2,035,103  
S&P Midcap 400 Equity Index Fund
    671,089  
EAFE Index Fund
    1,018,360  
Collective Daily Aggregate Bond Fund
    1,033,089  
 
       
Motorola, Inc. Common Stock
    383,338  
During 2008, the Plan’s investments (including gains and losses on investments bought and sold, as well as held during the year) appreciated (depreciated) in value as follows (in thousands):
         
U.S. Government and agencies securities
  $ 2,248  
Corporate bonds and debentures
    (14,985 )
Motorola, Inc. common stock
    (303,507 )
Short-term and other investments
    (1,137 )
Investments in common/collective trusts
    (1,478,597 )
 
     
Net depreciation in fair value of investments
  $ (1,795,978 )
 
     
(5)   Securities Lending
The Plan has entered into securities lending transactions with broker/dealers for which fees are paid to the Plan. The securities are required to be 100% collateralized by cash, U.S. Government securities, or irrevocable bank letters of credit. The transferee may sell or re-pledge the securities loaned. Fees earned on securities lending activity are included in interest income. Either party may terminate the lending agreement at any time and the collateral shall be used for any failure to deliver borrowed securities.

11


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(5)   Securities Lending (Continued)
 
    Fair value of securities loaned by type of investment and corresponding collateral that pertain to the Plan’s assets at December 31, 2008 were as follows (in thousands):
                         
    Securities     Collateralized by  
    under             Corporate and  
    lending             Government  
    agreements     Cash     Bonds and Notes  
U.S. Government and agency securities
  $ 63,042     $     $ 64,337  
U.S. Equities
    13,666             13,766  
Corporate bonds and debentures
    12,551             12,797  
 
                 
Total securities lending in Plan
  $ 89,259     $     $ 90,900  
 
                 
Fair value of securities loaned by type of investment and corresponding collateral that pertain to the Plan’s assets at December 31, 2007 were as follows (in thousands):
                         
    Securities     Collateralized by  
    under             Corporate and  
    lending             Government  
    agreements     Cash     Bonds and Notes  
U.S. Government and agency securities
  $ 52,922     $     $ 53,960  
Corporate bonds and debentures
    6,056             6,207  
 
                 
Total securities lending in Plan
  $ 58,978     $     $ 60,167  
 
                 
Effective September 19, 2008, Northern Trust declared a collateral deficiency under its Securities Lending Authorization Agreement (“Lending Agreements”) with respect to five of its commingled cash collateral investment pools. As a consequence of the collateral deficiency and because participating clients of the collateral pool hold the risk of loss on the collateral, Northern Trust has allocated a portion of the collateral deficiency to each participating client, including the Plan, with the Plan’s allocation being $1,153,592.
On September 29, 2008, Northern Trust made a cash payment to the collateral pool which reduced the Plan’s allocated portion of the collateral deficiency by approximately $100,000. The deficiency as of December 31, 2008 was $1,149,762. This is a liability of the Plan since the Plan has the obligation to repay the amount of the original collateral which is currently deficient by $1,149,762. The total collateral obligation which is recorded as a liability on the Plan’s financial statements, including the deficiency, is $92,050,000.

12


 

MOTOROLA 401(k) PLAN
Notes to Financial Statements
December 31, 2008 and 2007
(5)   Securities Lending (Continued)
 
    The Plan has been informed by Northern Trust that there is no immediate repayment required from participating clients to fund the deficiency unless a client decides to exit the Lending Agreements. As of December 31, 2008, the Plan has not exited the Lending Agreements. The risk of realized loss to the Plan associated with this collateral deficiency is not determinable.
 
(6)   Federal Income Taxes
 
    The Plan has received a favorable determination letter dated November 21, 2002 from the Internal Revenue Service regarding the Plan’s Federal income tax status. The Plan qualifies under the provisions of Section 401(a) of the Internal Revenue Code (IRC) of 1986, as amended. The trust is exempt from Federal income taxes pursuant to the provisions of Section 501(a) of the Code. The Plan has been amended since receiving the determination letter. However, the plan administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC.
 
(7)   Transfer of Assets Relating to Acquisitions and Separations
 
    The following net assets were transferred in / (out) of the Plan during the plan year ended December 31, 2008 as a result of Company acquisitions and separations (in thousands):
             
        Amount  
        Transferred  
Effective date   Acquisition/Separation   in/(out)  
January 18, 2008
  Symbol Technologies   $ 245,184  
January 25, 2008
  Emerson     (11,564 )
 
         
Net transfers
      $ 233,620  
 
         
(8)   Legal Matters
 
    In the ordinary course of business, Motorola is a defendant on behalf of the Plan in various lawsuits, including actions filed by former participants. The Plan Sponsor believes these legal proceedings will not have a material adverse effect on the Plan or the financial results of the Plan.
 
(9)   Subsequent Events
 
    On March 26, 2008, Motorola announced that it would split itself into two publicly traded companies. It is still uncertain as to when the split will occur or how it will impact the Plan.
 
    Effective January 1, 2009, Company contributions to the Plan were suspended until a future decision is made by Motorola to provide for such contributions.

13


 

Motorola, Inc. 401(k) Plan
Form 5500 Schedule H, Part IV, Line 4i
Schedule of Assets (Held at End of Year)
December 31, 2008
Name of Plan Sponsor: Motorola, Inc.
Employer Identification Number: 36-1115800
Three-Digit Plan Number: 001
                     
    (b)   (c)          
    Identity of Issue,   Description of Investment Including,       (In 1000’s)  
    Borrower, Lessor,   Maturity Date, rate of Interest,   (d)   (e)  
(a)   or Similar Party   Collateral, Par or Maturity Value   Cost   Current Value  
 
      Short Term and Other Investments - Certificates of Deposit            
 
  ROYAL BANK   ROYAL BK CDA N Y BRH INSTL CTF DEP PROGRMTN DTD 01-01-1940 5.29 02-02-2009   **     1,690  
 
                 
 
      Total Short Term and Other Investments         1,690  
 
                   
 
      U.S. Treasury and Agency Securities            
 
  FHLMC   FEDERAL HOME LN BKS 3.375% DUE 02-27-2013   **     1,036  
 
  FHLMC   FEDERAL HOME LN BKS SER 6T-9009 CL 1 3.84% DUE 11-25-2009/03-25-2009 REG   **     1,223  
 
  FHLMC   FEDERAL HOME LN MTG CORP POOL #A2-5411 6% 08-01-2034 BEO   **     857  
 
  FHLMC   FEDERAL HOME LN MTG CORP POOL #A4-7403 5% 10-01-2035 BEO   **     2,054  
 
  FHLMC   FEDERAL HOME LN MTG CORP POOL #G1-2215 5.5% 07-01-2021 BEO   **     674  
 
  FHLB   FHLB BD 3.75 08-18-2009   **     3,061  
 
  FHLB   FHLB BD 5.25 06-11-2010   **     638  
 
  FHLB   FHLB FEDERAL HOME LOAN BANKYIELD TO MATURITY 3.688 3.625 10-18-2013   **     2,630  
 
  FHLMC   FHLMC GOLD C00632 7 07-01-2028   **     31  
 
  FHLMC   FHLMC GOLD C00647 6.5 09-01-2028   **     56  
 
  FHLMC   FHLMC GOLD G1-8205 6 09-01-2022   **     3,127  
 
  FHLMC   FHLMC MULTICLASS FEDERAL HOME LOAN MTG CORP 5.5 10-15-2029   **     1,628  
 
  FHLMC   FHLMC MULTICLASS PREASSIGN 00416 6 11-15-2027   **     501  
 
  FHLMC   FHLMC MULTICLASS SER 1751 CL PK 8.0 MTG PARTN CTF DUE 09-15-2024 REG   **     446  
 
  FHLMC   FHLMC MULTICLASS SER 2596 CL J 5 01-15-2017   **     273  
 
  FHLMC   FHLMC MULTICLASS SER 2665 CL WB 5.5 07-15-2027   **     824  
 
  FHLMC   FHLMC MULTICLASS SER 2672 CL HA 4 09-15-2016   **     456  
 
  FHLMC   FHLMC MULTICLASS SER 2706 CL EM 4.5 09-15-2020   **     542  
 
  FHLMC   FHLMC MULTICLASS SER 2841 CL PX 5.5 11-15-2027   **     291  
 
  FHLMC   FHLMC MULTICLASS SER 2841 CL PX 5.5 11-15-2027   **     448  
 
  FHLMC   FHLMC MULTICLASS SER 2938 CL WA 5 05-15-2026   **     354  
 
  FHLMC   FHLMC MULTICLASS SER 2980 CL LB 5.5 06-15-2028   **     821  
 
  FHLMC   FHLMC MULTICLASS SER 3018 CL UD 5.5 09-15-2030   **     1,036  
 
  FHLMC   FHLMC MULTICLASS SER 3176 CL HL 5 02-15-2028   **     856  
 
  FHLMC   FHLMC MULTICLASS SER 3189 CL PJ 6 03-15-2030   **     403  
 
  FHLMC   FHLMC MULTICLASS SER 3211 CL KD 5.5 08-15-2028   **     543  
 
  FHLMC   FHLMC MULTICLASS SER 3211 CL PA 5.5 11-15-2029   **     1,386  
 
  FHLMC   FHLMC POOL #1J-1917 ADJ RT 10-01-2038   **     418  
 
  FNMA   FNMA MTN 4.625 12-15-2009   **     5,510  
 
  FNMA   FNMA NT 2.75 04-11-2011   **     1,231  
 
  FNMA   FNMA POOL #555592 5.5% 07-01-2033 BEO   **     1,106  
 
  FNMA   FNMA POOL #649654 7% DUE 07-01-2032 REG   **     29  
 
  FNMA   FNMA POOL #681377 5% DUE 01-01-2018 REG   **     1,229  
 
  FNMA   FNMA POOL #721552 4.58% 07-01-2033 BEO   **     260  
 
  FNMA   FNMA POOL #889873 ADJ RT DUE 09-01-2038 BEO   **     624  
 
  FNMA   FNMA POOL #920776 ADJ RT DUE 03-01-2034 REG   **     92  
 
  FNMA   FNMA POOL #933734 7% 04-01-2038 BEO   **     430  
 
  FNMA   FNMA PREASSIGN 00320 3.25 02-15-2009   **     3,512  
 
  FNMA   FNMA PREASSIGN 00638 5.5 11-25-2031   **     454  
 
  FNMA   FNMA REMIC SER 2002-57 CL-JD 6 01-25-2031/02-25-2009   **     25  
 
  FNMA   FNMA REMIC SER 2005-38 CL DN 5 12-25-2017   **     296  
 
  FNMA   FNMA REMIC TR 2003-124 CL-AD 4.5 01-25-2029   **     739  
 
  FNMA   FNMA REMIC TR 2005-36 CL-BA 4.5 10-25-2026   **     333  
 
  FNMA   FNMA REMIC TR 2005-53 CL-MB 5.5 07-25-2029   **     1,737  
 
  GNMA   GNMA 2003-036 REMIC TR CL C 4.254 02-16-2031   **     69  
 
  GNMA   GNMA 2006-006 REMIC PASSTHRU CL A 4.04500007629 10-16-2023   **     198  
 
  GNMA   GNMA 2006-032 REMIC PASS THRU CTF CL A 5.07899999619 01-16-2030   **     482  
 
  GNMA   GNMA POOL #780677 SER 2017 8% DUE 11-15-2017 REG   **     114  
 
  GNMA   2006-068 REMIC PASSTHRU CTF CL A 3.88800001144% DUE 07-16-2026 REG   **     1,417  
 
  GNMA   2007-4 REMIC PASSTHRU CTF CL A 4.20599985123% DUE 06-16-2029 BEO   **     448  
 
  UNITED STATES GOVERNMENT   UNITED STATES TREAS NTS .875% DUE 12-31-2010 REG   **     4,585  
 
  UNITED STATES GOVERNMENT   UNITED STATES TREAS NTS 1.5% DUE 12-31-2013 REG   **     3,687  
 
  UNITED STATES GOVERNMENT   UNITED STATES TREAS NTS 2% DISC NT 30/11/2013 USD1000 2% DUE 11-30-2013 REG   **     4,617  
 
  UNITED STATES GOVERNMENT   UNITED STATES TREAS NTS DTD 00124 4.875%DUE 04-30-2011 REG   **     10,269  
 
  UNITED STATES GOVERNMENT   UNITED STATES TREAS NTS DTD 00160 4.5% DUE 05-15-2010 REG   **     8,707  
 
  UNITED STATES GOVERNMENT   UNITED STATES TREAS NTS DTD 00167 4.625%DUE 07-31-2009 BEO   **     620  
 
  UNITED STATES GOVERNMENT   UNITED STATES TREAS NTS DTD 00172 4% DUE09-30-2009 REG   **     9,078  
 
  UNITED STATES GOVERNMENT   UNITED STATES TREAS NTS US TREASURY T-NOTE 2.875% DUE 06-30-2010 REG   **     16,828  
 
  UNITED STATES GOVERNMENT   US TREAS NTS DTD 00151 4.75 DUE 02-15-2010 REG   **     1,388  
 
  UNITED STATES GOVERNMENT   US TREAS NTS DTD 00163 4.75 DUE 05-31-2012 REG   **     2,625  
 
  UNITED STATES GOVERNMENT   US TSY 4.125 15AUG10   **     6,541  
 
  UNITED STATES GOVERNMENT   UTD STATES TREAS NTS 2.75 NT 31/10/2013 USD1000 2.75 DUE 10-31-2013 REG   **     1,967  
 
                 
 
      Total U.S Treasury and Agency Securities ***         117,860  
 
                   
 
      Corporate Debt Instruments - Preferred            
 
  5TH 3RD BANK   5TH 3RD BK CIN OH MEDIUM TE TRANCHE # SR00014 4.2 DUE 02-23-2010 BEO   **     481  
 
  ALLSTATE   ALLSTATE CORP SR NT 7.2 DUE 12-01-2009 BEO   **     505  
 
  AMERICAN EXPRESS   AMERN EXPRESS CR CORP MEDIUM TERM NTS TRANCHE # TR 00047 5 DUE 12-02-2010 BEO   **     680  
 
  AMERICREDIT   AMERICREDIT AUTOMOBILE RECEIVABLES TR 205.43 DUE 11-08-2010 REG   **     99  
 
  AMERICREDIT   AMERICREDIT AUTOMOBILE RECEIVABLES TR SER 2005-AX CL A-4 10-06-2011 REG   **     544  
 
  AMERIQUEST   AMERIQUEST MTG SECS INC 2004-FR1 AST BKDCTF CL A-5 4.455 DUE 05-25-2034 REG   **     586  
 
  ASSET BACKED   ASSET BACKED NT CL A-3A 4.46% DUE 04-16-2012 BEO   **     959  
 
  BANK OF AMERICA   BK AMER CORP BK AMER CORP SUB 6.25 DUE 04-15-2012 BEO   **     668  
 
  BANK OF NEW YORK   BK NY INC MEDIUM TERM SR NTS BOO TRANCHE# TR 00029 4.95 DUE 11-01-2012   **     431  
 
  BAY VIEW   BAY VIEW 2005-3 OWNER TR 2005-3 CL A-4 5.01% DUE 06-25-2014 REG   **     574  
 
  BELLSOUTH   BELLSOUTH CAP FDG CORP 7.75 DUE 02-15-2010 BEO   **     424  
 
  BERKSHIRE   BERKSHIRE HATHAWAY FIN CORP GTD SR NT 4.125% DUE 01-15-2010/01-11-2005 REG   **     1,010  
 
  BSCH   BSCH ISSUANCES LTD SUB NT DTD 09/14/20007.625% DUE 09-14-2010 BEO   **     1,094  
 
  CAPITAL ONE   CAP 1 BK MEDIUM TERM SR BK NTS BOOK ENTRY NT 5 DUE 06-15-2009 REG   **     493  
 
  CAPITAL ONE   CAP 1 PRIME AUTO RECEIVABLES TR 20 NT CLA-2 5.05 DUE 03-15-2010 REG   **     118  
 
  CAPITAL ONE   CAPITAL ONE AUTO FIN TR 2006-A NT CL A-35.33% DUE 11-15-2010/02-15-2009 REG   **     60  
 
  CARMAX   CARMAX AUTO OWNER SER 2006-2 CL A-3 5.15 DUE 02-15-2011 BEO   **     459  
 
  CATERPILLAR   CATERPILLAR FINL ASSET TR 2008-A NT CL A-2A 4.09000015259% DUE 12-25-2010 REG   **     765  
 
  CATERPILLAR   CATERPILLAR FINL SVCS CORP MEDIUM TERM NTS-BOOK ENTRY MTN 5.125% DUE 10-12-2011   **     631  
 
  CENTEX   CENTEX HOME EQUITY LN TR 200 SEN_FIX_CAP04/25/ 10-25-2035 BEO   **     237  
 
  CISCO   CISCO SYS INC SR NT 5.25% DUE 02-22-2011REG   **     519  
 
  CITIGROUP   CIT EQUIP COLL TR SER 2006-VT1 CL A-4 5.16% DUE 02-20-2013 BEO   **     743  
 
  CITIGROUP   CITIGROUP INC C 5 1/2 08/27/12 5.5 DUE 08-27-2012 BEO   **     786  

14


 

Motorola, Inc. 401(k) Plan
Form 5500 Schedule H, Part IV, Line 4i
Schedule of Assets (Held at End of Year)
December 31, 2008
Name of Plan Sponsor: Motorola, Inc.
Employer Identification Number: 36-1115800
Three-Digit Plan Number: 001
                     
    (b)   (c)          
    Identity of Issue,   Description of Investment Including,       (In 1000’s)  
    Borrower, Lessor,   Maturity Date, rate of Interest, (d) (e)  
(a)   or Similar Party   Collateral, Par or Maturity Value Cost Current Value  
 
  CITIGROUP   CITIGROUP INC NT 4.125% DUE 02-22-2010 BEO   **     493  
 
  1ST UN NATL BK   CMO 1ST UN NATL BK COML MTG TR 2002-C1 MTG PASSTHRU CTF CL A-1 0 08-12-2010 BEO   **     454  
 
  BANC AMER   COML MTG TR 2007-2 5.634 DUE 06-10-2012 BEO   **     372  
 
  BAYVIEW FINL   MTG PASS-THROUGH TR 2006-C CL 1-A1 FLT RT DUE 11-28-2036 BEO   **     176  
 
  BEAR STEARNS INC   ALT-A TR 2004-9 MTG PASSTHRU CTF CL VI-A-1 09-25-2034 REG   **     98  
 
  BEAR STEARNS INC   COML MTG PSTRU CTF CL A-2 2001-TOP2 6.48 4-15-11 BE   **     1,757  
 
  C-BASS   MTG LN TR 2007-CB2 CBASS 2007-CB2 A2A 2/25/37 DUE 02-25-2037 BEO   **     341  
 
  CHASE   MTG FIN TR SER 2005-A1 CL 3A1 FLT RT DUE 12-25-2035 REG   **     139  
 
  CITIGROUP   MTG LN TR 2006-AR1 MTG BKDNT CL I-A1 DUE 10-25-2035 REG   **     280  
 
  CITIGROUP   MTG LN TR 2006-AR7 MTG CL 1-A4A VAR DUE 11-25-2036 REG   **     297  
 
  CITIGROUP   MTG LN TR DUE 03-25-2034 REG   **     120  
 
  WAMU   CMO CL 1-A1 5.5985% DUE 12-25-2036 REG   **     210  
 
  CREDIT SUISSE 1ST BSTN   MTG SECS CORPSER 2005-C4 CL A2 DUE 08-15-2038 BEO   **     565  
 
  CWMBS INC   2003-56 MTG PASSTHRU CTF CL 3-A-6 4.49% DUE 12-25-2033 REG   **     421  
 
  CWMBS INC   2003-J11 MTG PASSTHRU CTF CL 1-A-5 5.25 DUE 10-25-2033 REG   **     316  
 
  CWMBS INC   2005-HYB10 MTG PASSTHRU CTF CL 5-A-1 DUE 02-20-2036 REG   **     169  
 
  CWMBS INC   2005-HYB6 MTG PASSTHRU CTFCL 1-A-1 DUE 10-20-2035 REG   **     256  
 
  FHASI   MTG PASSTHRU TR 07-A SEC CMO 07 AR1 1A1 00.000%MAR25 37 052537 BEO   **     215  
 
  FIRST UN NATL BK   COML MTG TR SER 1999-C4 CL A-2 7.39% DUE 12-15-2031 BEO   **     834  
 
  GMAC   COML MTG SEC INC MTG PASSTHRU CTF SER 99-C2 CL A-2 6.945 9-15-33 BEO   **     358  
 
  GS MTG SEC CORP   2004-7 MTG PASSTHRUCTF CL 1A2 DUE 06-25-2034 REG   **     97  
 
  GSR MTG LN TR   2007 AR1 MTG PASSTHRU CTF CL 2A1 DUE 03-25-2047 REG   **      
 
  HARBORVIEW   MTG LN TR 2005-4 MTG PASSTHRU CTF CL 3-A1 DUE 07-19-2035 REG   **     182  
 
  JP MORGAN CHASE   COML MTG SECS TR 2007-C 5.538 DUE 02-12-2049 REG   **     732  
 
  JP MORGAN CHASE   COML MTG SECS TR 2007-L CL A-1 5.651 DUE 07-15-2045 REG   **     505  
 
  JP MORGAN CHASE   MTG TR 2005-A4 MTG PASSTHRU CTF CL 3-A-2 DUE 07-25-2035 REG   **     333  
 
  JP MORGAN CHASE   MTG TR 2005-A5 MTG PASSTHRU CTF CL 2-A-2 DUE 08-25-2035 REG   **     282  
 
  JP MORGAN CHASE   MTG TR 2005-A8 MTG PASSTHRU CTF CL 2-A-7 DUE 11-25-2035 REG   **     264  
 
  JP MORGAN CHASE   MTG TR 2007-A1 CL 6-A-1 4.77718% DUE 07-25-2035 BEO   **     194  
 
  LB-UBS   COML MTG TR 2000-C5 COML MTG PASSTHRU CTF CL A-2 6.51 12-15-26   **     571  
 
  MASTR ALTERNATIVE LN TR   2004-3 CL 8-A-1 7% DUE 04-25-2034 REG   **     32  
 
  MORGAN STANLEY   CAP I INC SER 2005-HQ5 CL A2 4.809% DUE 01-14-2042 BEO   **     585  
 
  MORGAN STANLEY   CAP TR I 2007-HQ11 5.359 DUE 02-12-2044 REG   **     475  
 
  MORGAN STANLEY   MTG LN TR 2006-8AR CL5-A-2 5.43894481659 DUE 06-25-2036 REG   **     380  
 
  POPULAR   ABS INC 2005-3 CL AF-3 4.43699979782% DUE 07-25-2035 REG   **     767  
 
  PRUDENTIAL   SECS SECD FING CORP 1999-C2 CL F DUE 06-16-2031 REG   **     598  
 
  RESDNTL ACCREDIT LNS INC   MTG PASS TH2004-QS11 CL A-3 5.5 08-25-2034 REG   **     214  
 
  RESDNTL AST MTG PRODS INC   2004-SL4 CL A-IV 7 DUE 06-25-2032 REG   **     360  
 
  SEQUOIA   MTG TR 2007-1 MTG PASS THRU CTF CL 2-A1 DUE 02-20-2047 REG   **     204  
 
  STRUCTURED AST SECS CORP   2003-24A MTG CL 3-A2 DUE 07-25-2033   **     337  
 
  TEACHERS INS & ANNUITY ASSN AMER   2001-C1 CMO 144A 6.68 DUE 06-19-2031 BEO   **     650  
 
  WAMU   MTG PASS THRU CTFS SER 2006-AR18 CL 1-A1 VAR RT 1-25-2037 BEO   **     352  
 
  WAMU   MTG PASS THRU CTFS SER 2007-HY3TR CL 4-A1 FLT RT 3-25-37 REG   **     230  
 
  WAMU   MTG PASS THRU CTFS SER 2006 AR8CL 1-A3 VAR RATE 5.942 8-25-2046 REG   **     223  
 
  WAMU   MTG PASS-THRU CTFS 2003-AR4 CL A-7 VAR 3.95 DUE 05-25-2033 BEO   **     114  
 
  WAMU   MTG PASS-THRU CTFS 2005-AR16 CL1A3 0 DUE 12-25-2035 REG   **     155  
 
  WELLS FARGO   2006-AR10 TR MTG CTF CL IV-A-1 DUE 07-25-2036 REG   **     336  
 
  WELLS FARGO   MTG BACKED SECS 2006-AR10 TR CL VA1 FLT RT 7-25-2036 REG   **     94  
 
  WELLS FARGO   MTG BACKED SECS 2006-AR17 CL A-1 DUE 10-25-2036 REG   **     135  
 
  WELLS FARGO   MTG BACKED SECS 2003-A TR DUE 02-25-2033 BEO   **     151  
 
  WELLS FARGO   MTG BACKED SECS 2006-AR8CL III-A-2 VAR 5.2379 DUE 05-25-2036 REG   **     266  
 
  WELLS FARGO   MTG BKD SECS 2005-AR16 TR CL III-A-1 DUE 10-25-2035 REG   **     469  
 
  WELLS FARGO   MTG BKD SECS 2005-AR16 TR CL IV-A-2 DUE 10-25-2035 REG   **     158  
 
  CNH   CNH EQUIP TR 2008-B NT CL A-3A 4.78000020981% DUE 07-15-2012 REG   **     818  
 
  COCA COLA   COCA COLA ENTERPRISES INC NT 4.25% DUE 09-15-2010/09-14-2010 BEO   **     1,503  
 
  CONOCO   CONOCO FDG CO NT 6.35% DUE 10-15-2011 BEO   **     526  
 
  CONSUMERS   CONSUMERS FDG LLC 2001-1 SECURITIZATION BD CL A-5 5.43% DUE 04-20-2015 BEO   **     1,249  
 
  CR ACCEP   CR ACCEP AUTO DEALER LN TR 2007-2 6.16 DUE 04-15-2013 BEO   **     1,127  
 
  CREDIT SUISSE   CR SUISSE 1ST BSTN USA INC 6.125 DUE 11-15-2011/11-14-2011 BEO   **     505  
 
  CREDIT SUISSE   CREDIT SUISSE FIRST BOSTON USA INC NT 4.875% DUE 08-15-2010   **     260  
 
  CWABS   CWABS INC 2005-1 ASSET BKD CTF CL AF-3 FLTG RATE 09-25-2031 REG   **     193  
 
  DAIMLERCHRYSLER   DAIMLERCHRYSLER AUTO TR 2008-B NT CL A-2A 3.80999994278% DUE 07-08-2011 REG   **     499  
 
  DEUTSHE BANK   DEUTSCHE BK AG GL MED TERM NTS TRANCHE #TR 00183 5.375 10-12-2012 REG   **     205  
 
  DEUTSHE BANK   DEUTSCHE BK AG GL MEDIUM TRM NTS BK TRANCHE # TR 00311 4.875 5-20-2013 REG   **     442  
 
  DEUTSHE BANK   DEUTSCHE BK AG GLOBAL MEDIUM TERM NTS BOTRANCHE # TR 00182 5 DUE 10-12-2010   **     364  
 
  DISNEY   DISNEY WALT CO 5.7 DUE 07-15-2011 BEO   **     530  
 
  DOMINION   DOMINION RES INC DEL SR NT SER D 5.125% DUE 12-15-2009/12-14-2009 BEO   **     499  
 
  DU PONT   DU PONT E I DE NEMOURS & CO 5% DUE 07-15-2013 BEO   **     352  
 
  EOG   EOG RES INC NTS 6.125% DUE 10-01-2013/09-30-2008 BEO   **     543  
 
  FINANCEMENT   FINANCEMENT QUE NT 5 DUE 10-25-2012 BEO   **     699  
 
  FORD   FORD CR AUTO OWNER TR 2006 C CL A4A 5.15000009537% DUE 02-15-2012 BEO   **     1,238  
 
  FORD   FORD CR AUTO OWNER TR 2006 C NT CL A 3 5.15999984741% DUE 11-15-2010 REG   **     766  
 
  FORD   FORD CR AUTO OWNER TR 2007-A CL A-3A 5.40000009537% DUE 08-15-2011 BEO   **     363  
 
  GE   GE CAP CR CARD MASTER NT TR 2006 1 ASSETBKD NT CL A 5.08% DUE 09-15-2012 REG   **     683  
 
  GE   GEN ELEC CAP CORP MEDIUM TERM NTS BO TRANCHE # TR 00654 4.25 9-13-2010 REG   **     502  
 
  GOLDMAN SACHS   GOLDMAN SACHS GROUP INC NT 6.875 DUE 01-15-2011 BEO   **     589  
 
  GOLDMAN SACHS   GOLDMAN SACHS GROUP INC SR NT DTD 01/13/2004 3.875% DUE 01-15-2009 REG   **     200  
 
  GOLDMAN SACHS   GS AUTO LN TR 2006-1 NT CL A-4 5.38% DUE01-15-2014 REG   **     708  
 
  GOLDMAN SACHS   GS AUTO LN TR 2006-1 NT CL A-4 5.38% DUE01-15-2014 REG   **     519  
 
  GREEN TREE   GREEN TREE FINL CORP 1995-3 MFD HSG SR/SUB PASSTHRU CL M-1 7.95 08-15-2025   **     92  
 
  HARLEY-DAVIDSON   HARLEY-DAVIDSON MOTORCYCLE TR 2006-3 BKD NT CL B 5.43 DUE 11-15-2014 REG   **     567  
 
  HONDA   HONDA AUTO RECEIVABLES 2007-1 OWNER TR CL A-3 5.09999990463% DUE 03-18-2011 BEO   **     1,043  
 
  HSBC   HSBC AUTOMOTIVE TR 2005-3 ASSET BKD NT CL A-4 4.94% DUE 11-17-2012 REG   **     456  
 
  HSBC   HSBC AUTOMOTIVE TR 2007-1 CL A-3 5.3% DUE 11-17-2011 BEO   **     573  
 
  HSBC   HSBC AUTOMOTIVE TR SER 2005-1 CL A-4 4.35% DUE 06-18-2012 REG   **     278  
 
  HSBC   HSBC AUTOMOTIVE TR USA 2006-1 AUTO REC CL A-4 5.53 DUE 03-18-2013 REG   **     559  
 
  HSBC   HSBC AUTOMOTIVE TR USA 2006-3 5.34000015259% DUE 09-17-2013   **     484  
 
  HSBC   HSBC HOME EQTY LN TR USA 06-4 CLOSED-ENDASTBKD CTF A-1F 5.79 DUE 032036 REG   **     65  
 
  HSEHD   HSEHD FIN CORP NT 6.375 DUE 10-15-2011 BEO   **     900  
 
  HYUNDAI   HYUNDAI AUTO RECEIVABLES TR 2007-A NT CLA-3A 5.03999996185% DUE 01-17-2012 REG   **     334  
 
  HYUNDAI   HYUNDAI AUTO RECEIVABLES TR SER 2004-A CL A4 FLT RT 08-15-2011 REG   **     274  
 
  IMC   IMC HOME EQTY LN TR SER 1998-3 PASSTHRU CTF CL A-8 6.34 DUE 08-20-2029BEO   **     23  
 
  JOHN DEERE   DEERE JOHN CAP CORP MEDIUM TERM NTS BOOKTRANCHE # TR 00318 3.75 01-13-09   **     600  
 
  JPMORGAN   J P MORGAN ALTERNATIVE LN TR 2006-S1 MTGPASSTHRU CTF CL 3-A-1A 25 MAR 2036   **     174  

15


 

Motorola, Inc. 401(k) Plan
Form 5500 Schedule H, Part IV, Line 4i
Schedule of Assets (Held at End of Year)
December 31, 2008
Name of Plan Sponsor: Motorola, Inc.
Employer Identification Number: 36-1115800
Three-Digit Plan Number: 001
                     
    (b)   (c)          
    Identity of Issue,   Description of Investment Including,       (In 1000’s)  
    Borrower, Lessor,   Maturity Date, rate of Interest,   (d)   (e)  
(a)   or Similar Party   Collateral, Par or Maturity Value   Cost   Current Value  
 
  JPMORGAN   J P MORGAN CHASE & CO MED TERM SR NTS TRANCHE # SR 00192 4.85 6-16-11   **     1,706  
 
  JPMORGAN   J P MORGAN MTG ACQSTN TR 2007-CH1 ABS AF-1B 5.935 11-25-2036REG   **     233  
 
  JPMORGAN   JPMORGAN CHASE & CO FORMERLY J P MORGAN 4.6 DUE 01-17-2011   **     491  
 
  JPMORGAN   JPMORGAN CHASE & CO FORMERLY J P MORGAN SR NT 5.6 DUE 06-01-2011 REG   **     844  
 
  LONG BEACH   LONG BEACH ACCEP AUTO RECEIVABLES TR 200AST BKD NT CL A-3 5.14 DUE 08-15-2011   **     233  
 
  MERRILL LYNCH   MERRILL AUTO TR SECURITIZATION 2008-1 AST BKD NT CL A-2A 4.27 12-15-2010   **     988  
 
  MERRILL LYNCH   MERRILL LYNCH & CO INC MEDIUM TERM NTS BTRANCHE # TR 00456 4.25 2-8-2010 REG   **     489  
 
  MERRILL LYNCH   MERRILL LYNCH & CO INC MEDIUM TERM NTS BTRANCHE # TR 00456 4.25 2-8-2010 REG   **     562  
 
  MERRILL LYNCH   MERRILL LYNCH & CO INC MEDIUM TERM NTS BTRANCHE # TR 00676 6.15 DUE 04-25-2013   **     377  
 
  MORGAN STANLEY   MORGAN STANLEY & CO INC SR NT DTD 05/07/2003 4.25 DUE 05-15-2010 BEO   **     279  
 
  NATL RURAL   NATL RURAL UTILS COOP FIN CORP COLL TR BD 4.375 DUE 10-01-2010/09-30-2003 BEO   **     248  
 
  NISSAN   NISSAN AUTO RECEIVABLES 2008-A OWNER TR 3.89 DUE 07-15-2010 REG   **     506  
 
  NUCOR   NUCOR CORP 5% DUE 06-01-2013 BEO   **     347  
 
  ORACLE   ORACLE CORP / OZARK HLDG INC NT 5% DUE 01-15-2011 BEO   **     719  
 
  ORACLE   ORACLE CORP ORACLE CORP VAR RT DUE 05-14-2010   **     499  
 
  PG&E   PG&E ENERGY RECOVERY FDG LLC SERIES 2005-1 CLASS-A2 3.87% DUE 06-25-2011 BEO   **     108  
 
  PNC   PNC FDG CORP FDIC GTD TLGP SR NT 1.875% DUE 06-22-2011 REG   **     701  
 
  PNC   PNC FDG CORP SUB NT 7.5 DUE 11-01-2009 BEO   **     724  
 
  PRINCIPAL   PRIN LIFE INC FUNDINGS TRS SECD TRANCHE # TR 00533 5.3 DUE 04-24-2013 REG   **     281  
 
  PRINCIPAL   PRIN LIFE INC FUNDINGS TRS SECD TRANCHE # TR 00555 5.15 DUE 06-17-2011   **     392  
 
  PROTECTIVE LIFE   PROTECTIVE LIFE SECD TRS SECD MEDIUM TERM NTS BOOK ENTRY MTN 4 DUE 10-07-2009   **     870  
 
  FONDO LATINOAMERICANO DE RESERVAS   NT FLTG RATE 144A 5.7575 DUE 02-15-2011   **     726  
 
  DRIVE AUTO   CTF CL A-3 144A 5.49% DUE 04-15-2011/02-15-2009 BEO   **     48  
 
  DRIVE AUTO   CTF CL A-3 144A 5.49% DUE 04-15-2011/02-15-2009 BEO   **     51  
 
  CARGILL INC   NT 144A 3.625% DUE 03-04-2009/03-04-2004 BEO   **     699  
 
  DEUTSCHE MTG SECS INC   2005-WFAR13R CL 5.021 06-25-2035 BEO   **     439  
 
  DMSI   2005-WFAR13R MTG PASSTHRUCTF 144A CL VAR RT DUE 06-26-2035 BEO   **     310  
 
  HUNTINGTON AUTO TR   2008 1 NT CL A-3A 4.81% DUE 04-16-2012 REG   **     1,084  
 
  JP MORGAN CHASE   MTG TR SER 2008-R2 MTG PASSTHRU CTF CL 1-A-1 144A VAR 7-27-37   **     224  
 
  MET LIFE   GLOBAL FDG I MEDIUM TE 144A 5.125 DUE 11-09-2011 BEO   **     196  
 
  WACHOVIA   AUTO LN TR 2006-2 AST BCKD CTF A-3 144A 5.23 DUE 08-22-06 BEO   **     657  
 
  RENAISSANCE   RENAISSANCE HOME EQUITY LN TR 2006-3 ASTBKD NT CL AF-2 5.58 DUE 11-25-2036REG   **     282  
 
  RENAISSANCE   RENAISSANCE HOME EQUITY LN TR 2006-4 MTGPASS THRU CTF CL AF-1 01-25-2037 REG   **     74  
 
  RENAISSANCE   RENAISSANCE HOME EQUITY LN TR 2007-2 ASSET BACKED NT CL AF-1 06-25-2037 REG   **     363  
 
  RESIDENTIAL   RESDNTL AST MTG PRODS INC SER 2004-RS4 CL A-I-4 04-25-2034/03-25-2008 BEO   **     94  
 
  RESIDENTIAL   RESDNTL AST SEC CORP MTG PA 4.704 A/BKD 25/10/2031 USD1000 4.704 10-25-2031 REG   **     206  
 
  SIMON   SIMON PPTY GROUP L P NT 4.6% DUE 06-15-2010 REG   **     446  
 
  SIMON   SIMON PPTY GROUP L P NT 5.375% DUE 06-01-2011 BEO   **     524  
 
  SOUTHERN CO   SOUTHERN CO SR NT SER 2008A FLTG RATE DUE 08-20-2010 BEO   **     184  
 
  TARGET   TARGET CORP NT 7.5 DUE 08-15-2010 BEO   **     519  
 
  TELEFONICA   TELEFONICA EMISIONES S A U SR NT 5.984% DUE 06-20-2011 REG   **     271  
 
  TRIAD   TRIAD AUTO RECEIVABLES TR 2006-A ASSET BKD NT CL A-3 4.77% DUE 01-12-2011 REG   **     115  
 
  TRIAD   TRIAD AUTO RECEIVABLES TR 2006-A ASSET BKD NT CL A-4 4.88% DUE 04-12-2013 REG   **     1,076  
 
  TRIAD   TRIAD AUTOMOBILE RECEIVABLES TR 2006-B A3 5.41 DUE 08-12-2011 BEO   **     326  
 
  TRIAD   TRIAD AUTOMOBILE RECEIVABLES TR 2007-A NT CL A-2 5.35 DUE 03-14-2011 REG   **     92  
 
  TRIAD   TRIAD AUTOMOBILE RECEIVABLES TRUST 2005-A CL A-4 4.22% DUE 06-12-2012 REG   **     223  
 
  TRIAD   TRIAD AUTOMOBILE RECEIVABLES TRUST 2005-A CL A-4 4.22% DUE 06-12-2012 REG   **     612  
 
  UNITEDHEALTH   UNITEDHEALTH GROUP INC UNITED HEALTH GP 5.25% DUE 03-15-2011/03-02-2006 BEO   **     329  
 
  US BANCORP   U S BANCORP MEDIUM TERM NTS- BOOK ENTRY MTN 4.5% DUE 07-29-2010   **     249  
 
  USAA AUTO   USAA AUTO OWNER TR 2008-1 AST BACKED NT CL A-3 4.15999984741 DUE 04-16-2012 REG   **     360  
 
  UTD   UTD TECHNOLOGIES CORP CORP 6.35 DUE 03-01-2011/02-28-2011 BEO   **     634  
 
  VERIZON   VERIZON GLOBAL FDG CORP NT 7.25 DUE 12-01-2010 BEO   **     341  
 
  VOLKSEAGEN   VOLKSWAGEN AUTO LN ENHANCED TR 2008-1 NTCL A-3 4.5% DUE 07-20-2012 BEO   **     379  
 
  WACHOVIA   WACHOVIA AUTO OWNER TR 2006-A CL A4 5.38% DUE 03-20-2013 REG   **     591  
 
  WACHOVIA   WACHOVIA AUTO OWNER TR 2008-A AST BACKEDNT CL A-3A 4.81 DUE 09-20-2012 REG   **     1,374  
 
  WACHOVIA   WACHOVIA AUTO OWNER TR 2008-A AST BACKEDNT CL A-3A 4.81 DUE 09-20-2012 REG   **     1,421  
 
  WACHOVIA   WACHOVIA CORP NEW NT 5.3% DUE 10-15-2011   **     482  
 
  WACHOVIA   WACHOVIA CORP NEW NT 5.3% DUE 10-15-2011   **     241  
 
  WAL-MART   WAL-MART STORES INC NT 4.125% DUE 07-01-2010 BEO   **     573  
 
  WELLS FARGO   WELLS FARGO & CO NEW SR NT 5.3% DUE 08-26-2011 BEO   **     406  
 
  WELLS FARGO   WELLS FARGO & CO NEW SR NT 5.3% DUE 08-26-2011 BEO   **     690  
 
  WELLS FARGO   WELLS FARGO MTG BACKED SECS 2006-AR10 TRMTG PASSTHRU CTF CL V-A-6 07-25-2036   **     234  
 
  WFS   WFS FINL 2005-3 OWNER TR NT CL D 4.76% DUE 05-17-2013 REG   **     271  
 
  WORLD OMNI   WORLD OMNI AUTO RECEIVABLES TR 2007-B 5.28 DUE 01-17-2012 REG   **     632  
 
                 
 
      Total Corporate Debt Instruments - Preferred***         84,131  
 
                   
 
      Corporate Debt Instruments - Other            
 
  AB   AB SVENSK EXPORTKREDIT - SWEDISH EXPT CRTRANCHE # TR00044 4.875 01-19-2010 REG   **     1,022  
 
  AMEREN   AMERN GEN FIN CORP MEDIUM TERM SR NTS TRANCHE # TR 00390 4.625 DUE 09-01-2010   **     241  
 
  AMERICREDIT   AMERICREDIT AUTOMOBILE RECEIVABLES TR 2006-R-M CL A2 5.42% DUE 08-06-2011 REG   **     425  
 
  AMERICREDIT   AMERICREDIT AUTOMOBILE RECEIVABLES TR 20NT CL A-3 5.19 DUE 11-07-2011 REG   **     550  
 
  AMERICREDIT   AMERICREDIT AUTOMOBILE RECEIVABLES TR 20NT CL A3 5.53 DUE 01-06-2014 REG   **     464  
 
  AMERICREDIT   AMERICREDIT AUTOMOBILE RECEIVABLES TR 20SER 2006-BG CL A4 5.21 9-06-2013BEO   **     796  
 
  AMERICREDIT   AMERICREDIT PRIME AUTOMOBILE RECEIVABLESBKD NT A-3-A 5.04 DUE 06-08-2012 REG   **     966  
 
  BRIT   BRIT TELECOMMUNICATIONS P L C VARIABLE RATE NT DUE 12-15-2010/01-11-2001 BEO   **     786  
 
  BRITISH   BRITISH TELECOMMUNICATIONS PLC SR NT 5.15% DUE 01-15-2013 REG   **     238  
 
  WAMU   CMO 2003-AR9 MTG PASSTHRU CTF CL I-B-3 VAR DUE 09-25-2033 REG   **     43  
 
  BANC AMER MTG SECS INC   2004-G MTG PASSTHRU CTF CL 1-A-1 DUE 08-25-2034 REG   **     160  
 
  BEAR STEARNS   ARM TR 2006-1 MTG BKD NT CL A-1 DUE 02-25-2036 REG   **     342  
 
  CHASE   MTG FIN TR SER 2004-S3 CL IIA-1 5.25% DUE 03-25-2034 BEO   **     201  
 
  CITIGROUP   MTG LN TR 2007-AR8 MTG PASS THRU CTF 2-A1A DUE 07-25-2037 REG   **     460  
 
  DLJ COML MTG CORP   COML 1999-CG2 CL A-1B 7.30000019073% DUE 06-10-2032 BEO   **     393  
 
  DLJ COML MTG CORP   SER 1999-CG3 CL A3FLTG RATE 7.73% DUE 10-10-2032 BEO   **     801  
 
  FIRST HORIZON   MTG PASS THRU TR 2006 FA5 CL A-3 6.25% DUE 08-25-2036 REG   **     171  
 
  GMAC   COML MTG SEC INC MTG PASSTHRU CTF SER 99-C3 CL A-1-B 7.273 DUE **INC   **     678  
 
  GMAC   MTG LN TR 2004-J1 CL A-15 5.25% DUE 04-25-2034 REG   **     178  
 
  JPMORGAN CHASE   MTG TR 2004-S2 MTG PASSTHRU CTF CL 2-A-7 5.25 11-25-34 REG   **     226  
 
  JPMORGAN CHASE   MTG TR 2006-A7 MTG PASSTHRU CTF CL 2-A-2 DUE 01-25-2037 REG   **     129  
 
  LB COML   CONDUIT MTG TR SER 1999-C2 CL A-2 7.325 DUE 10-15-2032 BEO   **     339  
 
  MERRILL LYNCH   MTG INVS INC 4.6312% DUE 12-25-2034 BEO   **     92  
 
  MORGAN STANLEY   CAP I INC 2003-IQ5 CLA-3 4.71% DUE 04-15-2038 REG   **     103  
 
  RES FDG   MTG SECS II INC 2005-HS1 HM LN NT CL A-I-1 DUE 9-25-35 REG   **     19  
 
  RESDNTL ACCREDIT LNS INC   LNS INC MTG PASS TH2004-QS16 CL I-A-1 5.5 12-25-2034 REG   **     246  
 
  WAMU   MTG PASS-THRU CTFS WMA CL 3-A-3 VAR RATE DUE 07-25-2036 REG   **     548  

16


 

Motorola, Inc. 401(k) Plan
Form 5500 Schedule H, Part IV, Line 4i
Schedule of Assets (Held at End of Year)
December 31, 2008
Name of Plan Sponsor: Motorola, Inc.
Employer Identification Number: 36-1115800
Three-Digit Plan Number: 001
                     
    (b)   (c)          
    Identity of Issue,   Description of Investment Including,       (In 1000’s)  
    Borrower, Lessor,   Maturity Date, rate of Interest,   (d)   (e)  
(a)   or Similar Party   Collateral, Par or Maturity Value   Cost   Current Value  
 
  WAMU   MTG PASS THRU CTFS SER 2006-AR16 CL 1-A1 VAR RATE 12-25-36 REG   **     98  
 
  WELLS FARGO   MTG BACKED SECS 2006-3 TR 2006-3 CL A-1 5.5 DUE 03-25-2036 REG   **     235  
 
  COMCAST   COMCAST CABLE COMMUNICATIONS INC NOTES 6.875% DUE 06-15-2009/06-14-2009 BEO   **     703  
 
  COMCAST   COMCAST CORP NEW NT 5.5 DUE 03-15-2011/03-14-2011 BEO   **     343  
 
  COMMONWEATH EDISON   COMWLTH EDISON CO 1ST MTG BD SER 98 6.15DUE 03-15-2012 BEO   **     83  
 
  CVS   CVS CAREMARK CORP NT 4% DUE 09-15-2009/03-15-2005 REG   **     346  
 
  CWHEQ   CWHEQ HOME EQTY LN TR SER 2007-S1 CWL 2007-S1 A1B 5.888 DUE 02/25/37 BEO   **     276  
 
  DAIMLERCHRYSLER   DAIMLERCHRYSLER N AMER HLDG CORP MED TRANCHE # TR 00040 5.75 DUE 05-18-2009   **     510  
 
  DEUTSCHE   DEUTSCHE TELEKOM INTL FIN B V GTD NT STEP UP 06-15-2010   **     335  
 
  DISCOVER   DISCOVER FINL SVCS SR NT FLTG DUE 06-11-2010 REG   **     321  
 
  EXELON   EXELON GENERATION CO LLC SR NT 6.95 DUE 06-15-2011/06-14-2011 BEO   **     354  
 
  FORD   FORD CR FLOORPLAN MASTER OWNER TR A SERIES 2006-3 CLASS-A 06-15-2011 REG   **     724  
 
  GENWORTH   GENWORTH FINL INC SR NT 5.231 DUE 05-16-2009 REG   **     1,464  
 
  GMAC   GMACM HOME EQUITY LN TR 2006-HE2 CL A-1 6.30999994278% DUE 05-25-2036 REG   **     125  
 
  HOME LOAN   HOME LN TR 2006-HI4 HOME LN BKD NT CL A-1 08-25-2020 REG   **     155  
 
  LEHMAN BROTHERS   LEHMAN BROTHERS HLDGS INC BOOK ENTRY MTN3.95 11-10-09 BOND IN DEFAULT   **     62  
 
  OHIO POWER   OHIO PWR CO OHIO POWER CO 5.75% DUE 09-01-2013/08-31-2013 BEO   **     339  
 
  ONTARIO   ONTARIO PROV CDA BD DTD 09/05/2008 3.125% DUE 09-08-2010 REG   **     505  
 
  XSTRATA FIN CDA LTD   GTD NT 144A 5.5% DUE 11-16-2011/11-16-2008 BEO   **     282  
 
  CR SUISSE 1ST BSTN   MTG SECS CRP 2001-CK1 CL F 144A VAR 6.65 12-18-35   **     514  
 
  ERAC USA FIN CO   ERAC USA FIN COMP 5.8 OCT 2012 5.8 DUE 10-15-2012 BEO   **     627  
 
  RESIDENTIAL FDG MORTGAGE   RESDNTL FDG MTG SECS II INC 2006-HSA1 HOME EQTY LN CL A-1 02-25-2036 REG   **     152  
 
  SANTANDER   SANTANDER DRIVE AUTO RECEIVABLES TR 2007-1 CL A-3 5.05% DUE 09-15-2011 BEO   **     461  
 
  TELECOM   TELECOM ITALIA CAP GTD SR NT 6.2% DUE 07-18-2011 BEO   **     621  
 
  TIME WARNER   TIME WARNER CABLE INC NT 5.4% DUE 07-02-2012/10-25-2007 REG   **     1,391  
 
  TIME WARNER   TIME WARNER CABLE INC NT 6.2% DUE 07-01-2013 BEO   **     307  
 
  TYCO   TYCO ELECTRONICS GROUP S A SR NT 6% DUE 10-01-2012 REG   **     162  
 
  UN PAC   UN PAC CORP NT 3.875 DUE 02-15-2009/02-14-2009 BEO   **     301  
 
  UPFC   UPFC AUTO RECEIVABLES TR 2007-A NT CL A-3 5.53000020981% DUE 07-15-2013 REG   **     498  
 
  VIACOM INC   VIACOM INC SR NT 5.75% DUE 04-30-2011/10-18-2006   **     545  
 
  WEATHERFORD   WEATHERFORD INTL LTD GTD SR NT 5.15% DUE03-15-2013 REG   **     220  
 
  XEROX CORP   XEROX CORP SR NT 7.125% DUE 06-15-2010/06-14-2010 REG   **     779  
 
  BANK OF AMERICA   BANK OF AMERICA CORP TRANCHE # TR 00001 3.125% DUE 06-15-2012 BEO   **     2,588  
 
  CITIGROUP   CITIGROUP INC FDIC GTD TLGP GTD NT 2.875DUE 12-09-2011 REG   **     2,629  
 
  GOLMAN SACHS GROUP   GOLDMAN SACHS GROUP INC FDIC GTD TLGP NT3.25 DUE 06-15-2012 BEO   **     2,676  
 
  JPMORGAN CHASE   JPMORGAN CHASE & CO FDIC GTD TLGP SR NT 3.125% DUE 12-01-2011 BEO   **     2,660  
 
  SOVEREIGN   SOVEREIGN BK FDIC GTD TLGP SR NTS 2.75% DUE 01-17-2012   **     1,385  
 
                 
 
                   
 
      Total Corporate Debt Instruments - Other***         36,393  
 
                   
 
      Corporate Stock - Common            
*
  MOTOROLA INC   MOTOROLA INC COM   **     147,748  
 
                 
 
      Total Corporate Stock - Common         147,748  
 
                   
 
      Value of Interest in Common/Collective Trusts            
*
  THE NOTHERN TRUST COMPANY   COLTV SHORT TERM INVT FD   **     11,785  
*
  THE NOTHERN TRUST COMPANY   COLTV STIF   **     510,939  
*
  THE NOTHERN TRUST COMPANY   MFB NTGI-QM COLLECTIVE DAILY S&P MIDCAP 400 EQUITY INDEX FUND - LENDING   **     384,907  
*
  THE NOTHERN TRUST COMPANY   MFB NTGI-QM COLTV DAILY RUSSELL 2000 EQTY INDEX FD-LENDING   **     167,794  
*
  THE NOTHERN TRUST COMPANY   MFB SL- CORE USA SUB FUND   **     13  
*
  THE NOTHERN TRUST COMPANY   MFB NTGI-QM COLLEVTIVE DAILY S&P 500 EQUITY   **     1,287,177  
*
  THE NOTHERN TRUST COMPANY   MFB NTGI-QM COLLECTIVE DAILY BOND FUND   **     883,359  
*
  THE NOTHERN TRUST COMPANY   MFB NTGI-QM COLLECTIVE DAILY EAFE INDEX FUND LENDING   **     566,283  
 
                 
 
      Total Value of Interest in Common/Collective Trusts         3,812,257  
 
                   
 
      Other            
 
      UTD MEXICAN STS MEDIUM TERM NTS TRANCHE # TR 00010 6.375 DUE 01-16-2013 REG   **     446  
 
                 
 
      Total Other         446  
 
                   
 
      Securities Lending Collateral Pool            
*
  THE NOTHERN TRUST COMPANY   USA CORE COLLATERAL POOL   **     90,900  
 
                 
 
      Total Securities Lending Collateral Pool         90,900  
 
                   
 
      Participant Loans            
*
  PARTICIPANT LOANS   PARTICIPANT LOAN, VARYING MATURITIES WITH INTEREST RATES RANGING FROM 4.5% TO 11.5%   **     58,758  
 
                 
 
      Total Participant Loans         58,758  
 
                   
 
      Grand Total         4,350,183  
 
                 
 
*   Represents a party-in-interest to the Plan
 
**   Historical cost is disclosed only for nonparticipant-directed investments.
 
***   Includes securities loaned.

17


 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Motorola 401(k) Plan Committee has duly caused this Annual Report to be signed on its behalf by the undersigned thereunto duly authorized.
         
  MOTOROLA 401(k) PLAN
 
 
Date: June 24, 2009  By:          /s/ Sheila A Forsberg    
           Sheila A. Forsberg   
           Senior Director, Global Rewards-Benefits,        Motorola, Inc. and Member of the Motorola
       401(k) Plan Committee 
 
 

18