SRSEC Reporting Desk

Electronics & Electrical Equipment › Disclosure examples

Electronics & Electrical Equipment: Supplier finance programs (ASU 2022-04)

Note: ASU 2022-04 requires disclosure of key terms, outstanding obligations and a roll-forward for supplier finance programs.
Motorola Solutions, Inc. (MSI) · Form 10-K for period ended 2025-12-31 · filed 2026-02-12 · Section: Accounts Payable

The Company utilizes a supplier finance program that provides suppliers with the ability to accelerate payment on the Company's invoices beyond the stated payment terms. Under the terms of this program, the Company agrees to pay an intermediary the stated amount of confirmed invoices on the stated maturity dates of the invoices, and the supplier is able to negotiate earlier payment terms with the intermediary. The Company or the intermediary may terminate the agreement at any time upon 60 days' notice. The Company does not provide any forms of guarantees under this arrangement. Supplier participation in the program is solely at the supplier's discretion, and the participating suppliers negotiate their arrangements directly with the intermediary. The Company has no economic interest in a supplier's decision to participate in the program, and their participation has no bearing on our payment terms or amounts due. The stated invoice payment terms range from 75 to 120 days from the invoice date and are considered commercially reasonable.

The Company's outstanding amounts related to the suppliers participating in this program was $ 34 million and $ 38 million as of December 31, 2025 and December 31, 2024, respectively. Supplier finance program obligations are classified as Accounts payable within the Consolidated Balance Sheets. The following table displays a rollforward of the confirmed amount of supplier finance obligations from January 1, 2024 to December 31, 2025:

Verbatim excerpt (229 words), formatting simplified. View full filing on EDGAR →

See all Supplier finance programs (ASU 2022-04) examples →

Templates & resources

Listed alphabetically by provider. Listings are not endorsements; no provider pays for placement. All templates & resources