Form 5500 Department of the Treasury Internal Revenue Service Department of Labor Employee Benefits Security Administration Pension Benefit Guaranty Corporation Annual Return/Report of Employee Benefit Plan This form is required to be filed for employee benefit plans under sections 104 and 4065 of the Employee Retirement Income Security Act of 1974 (ERISA) and sections 6057(b) and 6058(a) of the Internal Revenue Code (the Code). Complete all entries in accordance with the instructions to the Form 5500. OMB Nos. 1210-0110 1210-0089 2016 This Form is Open to Public Inspection Part I Annual Report Identification Information For calendar plan year 2016 or fiscal plan year beginning 01/01/2016 and ending 12/31/2016 A X a multiemployer plan X a multiple-employer plan (Filers checking this box must attach a list of This return/report is for: participating employer information in accordance with the form instructions.) X a single-employer plan X a DFE (specify) _C_ B This return/report is: X the first return/report X the final return/report X an amended return/report X a short plan year return/report (less than 12 months) C If the plan is a collectively-bargained plan, check here............................................................ X D Check box if filing under: X Form 5558 X automatic extension X the DFVC program X special extension (enter description) ABCDE Part II Basic Plan Information enter all requested information 1a Name of plan MSI PENSION PLAN 2a Plan sponsor s name (employer, if for a single-employer plan) Mailing address (include room, apt., suite no. and street, or P.O. Box) City or town, state or province, country, and ZIP or foreign postal code (if foreign, see instructions) MOTOROLA SOLUTIONS, INC. D/B/A 500 c/o W. MONROE, 43RD FLOOR CHICAGO, 123456789 IL 60661 ABCDE 123456789 ABCDE CITYEFGHI AB, ST 012345678901 UK Caution: A penalty for the late or incomplete filing of this return/report will be assessed unless reasonable cause is established. 1b Three-digit plan number (PN) 001 003 1c Effective date of plan YYYY-MM-DD 09/15/2014 2b Employer Identification Number (EIN) 012345678 36-1115800 2c Plan Sponsor s telephone number 0123456789 224-501-1605 2d Business code (see instructions) 012345 334200 Under penalties of perjury and other penalties set forth in the instructions, I declare that I have examined this return/report, including accompanying schedules, statements and attachments, as well as the electronic version of this return/report, and to the best of my knowledge and belief, it is true, correct, and complete. SIGN HERE Filed with authorized/valid electronic signature. YYYY-MM-DD 10/12/2017 STACEY GIBBONS ABCDE Signature of plan administrator Date Enter name of individual signing as plan administrator SIGN HERE YYYY-MM-DD ABCDE Signature of employer/plan sponsor Date Enter name of individual signing as employer or plan sponsor SIGN YYYY-MM-DD ABCDE HERE Signature of DFE Date Enter name of individual signing as DFE Preparer s name (including firm name, if applicable) and address (include room or suite number) Preparer s telephone number For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Form 5500 (2016) v. 160205
Form 5500 (2016) Page 2 3a Plan administrator s name and address X Same as Plan Sponsor 3b Administrator s EIN MOTOROLA SOLUTIONS PENSION PLAN COMMITTEE 012345678 36-1115800 3c Administrator s telephone 500 W. MONROE, 43RD FLOOR c/o number CHICAGO, IL 60661 123456789 ABCDE 0123456789 224-501-1605 123456789 ABCDE CITYEFGHI AB, ST 012345678901 UK 4 If the name and/or EIN of the plan sponsor has changed since the last return/report filed for this plan, enter the name, 4b EIN EIN and the plan number from the last return/report: 012345678 a Sponsor s name 4c PN 012 5 Total number of participants at the beginning of the plan year 5 123456789012 36203 6 Number of participants as of the end of the plan year unless otherwise stated (welfare plans complete only lines 6a(1), 6a(2), 6b, 6c, and 6d). a(1) Total number of active participants at the beginning of the plan year... 6a(1) a(2) Total number of active participants at the end of the plan year... 6a(2) 3952 3412 b Retired or separated participants receiving benefits... 6b 123456789012 3811 c Other retired or separated participants entitled to future benefits... 6c 123456789012 27238 d Subtotal. Add lines 6a(2), 6b, and 6c.... 6d 123456789012 34461 e Deceased participants whose beneficiaries are receiving or are entitled to receive benefits.... 6e 123456789012 730 f Total. Add lines 6d and 6e.... 6f 123456789012 35191 g Number of participants with account balances as of the end of the plan year (only defined contribution plans complete this item)... 6g 123456789012 h Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested... 6h 1234567890120 7 Enter the total number of employers obligated to contribute to the plan (only multiemployer plans complete this item)... 7 8a If the plan provides pension benefits, enter the applicable pension feature codes from the List of Plan Characteristics Codes in the instructions: 1A 1E 1I 3H b If the plan provides welfare benefits, enter the applicable welfare feature codes from the List of Plan Characteristics Codes in the instructions: 9a Plan funding arrangement (check all that apply) 9b Plan benefit arrangement (check all that apply) (1) X Insurance (1) X Insurance (2) X Code section 412(e)(3) insurance contracts (2) X Code section 412(e)(3) insurance contracts (3) X Trust (3) X Trust (4) X General assets of the sponsor (4) X General assets of the sponsor 10 Check all applicable boxes in 10a and 10b to indicate which schedules are attached, and, where indicated, enter the number attached. (See instructions) a Pension Schedules (1) X R (Retirement Plan Information) (2) X MB (Multiemployer Defined Benefit Plan and Certain Money Purchase Plan Actuarial Information) - signed by the plan actuary (3) X SB (Single-Employer Defined Benefit Plan Actuarial Information) - signed by the plan actuary b General Schedules (1) X H (Financial Information) (2) X I (Financial Information Small Plan) (3) X 0 A (Insurance Information) (4) X C (Service Provider Information) (5) X D (DFE/Participating Plan Information) (6) X G (Financial Transaction Schedules)
Form 5500 (2016) Page 3 Part III Form M-1 Compliance Information (to be completed by welfare benefit plans) 11a If the plan provides welfare benefits, was the plan subject to the Form M-1 filing requirements during the plan year? (See instructions and 29 CFR 2520.101-2.)...... X Yes X No If Yes is checked, complete lines 11b and 11c. 11b Is the plan currently in compliance with the Form M-1 filing requirements? (See instructions and 29 CFR 2520.101-2.)... X Yes 11c Enter the Receipt Confirmation Code for the 2016 Form M-1 annual report. If the plan was not required to file the 2016 Form M-1 annual report, enter the Receipt Confirmation Code for the most recent Form M-1 that was required to be filed under the Form M-1 filing requirements. (Failure to enter a valid Receipt Confirmation Code will subject the Form 5500 filing to rejection as incomplete.) Receipt Confirmation Code X No
SCHEDULE SB (Form 5500) Department of the Treasury Internal Revenue Service Department of Labor Employee Benefits Security Administration Pension Benefit Guaranty Corporation Single-Employer Defined Benefit Plan Actuarial Information This schedule is required to be filed under section 104 of the Employee Retirement Income Security Act of 1974 (ERISA) and section 6059 of the Internal Revenue Code (the Code). File as an attachment to Form 5500 or 5500-SF. For calendar plan year 2016 or fiscal plan year beginning 01/01/2016 and ending Round off amounts to nearest dollar. OMB No. 1210-0110 2016 This Form is Open to Public Inspection Caution: A penalty of $1,000 will be assessed for late filing of this report unless reasonable cause is established. A Name of plan B Three-digit MSI PENSION PLAN plan number (PN) 003 001 C Plan sponsor s name as shown on line 2a of Form 5500 or 5500-SF D Employer Identification Number (EIN) MOTOROLA SOLUTIONS, INC. 012345678 36-1115800 E Type of plan: X Single X Multiple-A X Multiple-B F Prior year plan size: X 100 or fewer X 101-500 X More than 500 Part I Basic Information 1 Enter the valuation date: Month 01 Day 01 Year 2016 2 Assets: a Market value... 2a -123456789012345 3126947032 b Actuarial value... 2b -123456789012345 3273806935 3 Funding target/participant count breakdown (1) Number of (2) Vested Funding (3) Total Funding participants Target Target a For retired participants and beneficiaries receiving payment... 3197 456421617 456421617 b For terminated vested participants... c For active participants... d Total... 4 If the plan is in at-risk status, check the box and complete lines (a) and (b)... X a Funding target disregarding prescribed at-risk assumptions... 4a -123456789012345 b Funding target reflecting at-risk assumptions, but disregarding transition rule for plans that have been in at-risk status for fewer than five consecutive years and disregarding loading factor... 4b -123456789012345 5 Effective interest rate... 5 123.12% 6.25 6 Target normal cost... 6-123456789012345 24003968 Statement by Enrolled Actuary To the best of my knowledge, the information supplied in this schedule and accompanying schedules, statements and attachments, if any, is complete and accurate. Each prescribed assumption was applied in accordance with applicable law and regulations. In my opinion, each other assumption is reasonable (taking into account the experience of the plan and reasonable expectations) and such other assumptions, in combination, offer my best estimate of anticipated experience under the plan. SIGN HERE Signature of actuary YVONNE GATCHEFF ORNT ABCDE Date YYYY-MM-DD Type or print name of actuary Most recent enrollment number AON CONSULTING, INC. ABCDE 847-295-5000 1234567 Firm name 123456789 4 OVERLOOK POINT ABCDE LINCOLNSHIRE, IL 60069 123456789 ABCDE UK Address of the firm 2176158700 17-03910 519983945 Telephone number (including area code) 1234567890 If the actuary has not fully reflected any regulation or ruling promulgated under the statute in completing this schedule, check the box and see X instructions For Paperwork Reduction Act Notice, see the Instructions for Form 5500 or 5500-SF. Schedule SB (Form 5500) 2016 v. 160205 29054 3952 12/31/2016 519903002 09/22/2017 2176158700 36203 3152483319 3152564262
Schedule SB (Form 5500) 2016 Page 2-1- 1 x Part II Beginning of Year Carryover and Prefunding Balances 7 Balance at beginning of prior year after applicable adjustments (line 13 from prior year)... (a) Carryover balance (b) Prefunding balance -123456789012345 0-123456789012345 691375307 8 Portion elected for use to offset prior year s funding requirement (line 35 from prior year)... -123456789012345 0-123456789012345 75186487 9 Amount remaining (line 7 minus line 8)... -123456789012345 0-123456789012345 616188820 10 Interest on line 9 using prior year s actual return of -2.25%... -123456789012345 0-123456789012345 -13864248 11 Prior year s excess contributions to be added to prefunding balance: a Present value of excess contributions (line 38a from prior year)... -123456789012345 9000392 b(1) Interest on the excess, if any, of line 38a over line 38b from prior year Schedule SB, using prior year's effective interest rate of 6.45 %... b(2) Interest on line 38b from prior year Schedule SB, using prior year's actual -123456789012345 0 return... c Total available at beginning of current plan year to add to prefunding balance... d Portion of (c) to be added to prefunding balance... -123456789012345 8797883-123456789012345 12 Other reductions in balances due to elections or deemed elections... -123456789012345 0-123456789012345 0 13 Balance at beginning of current year (line 9 + line 10 + line 11d line 12)... -123456789012345 0-123456789012345 611122455 Part III Funding Percentages 14 Funding target attainment percentage... 14 123.12% 84.46 15 Adjusted funding target attainment percentage... 15 123.12% 103.84 16 Prior year s funding percentage for purposes of determining whether carryover/prefunding balances may be used to reduce current year s funding requirement... 16 123.12% 88.98 17 If the current value of the assets of the plan is less than 70 percent of the funding target, enter such percentage.... 17 123.12% Part IV Contributions and Liquidity Shortfalls 18 Contributions made to the plan for the plan year by employer(s) and employees: (a) Date (MM-DD-YYYY) (b) Amount paid by employer(s) (c) Amount paid by employees (a) Date (MM-DD-YYYY) (b) Amount paid by employer(s) -202509 8797883 (c) Amount paid by employees YYYY-MM-DD 12345678901234 12345678901234 YYYY-MM-DD 12345678901234 123456789012345- YYYY-MM-DD 12345678901234 12345678901234 YYYY-MM-DD 12345678901234 123456789012345- YYYY-MM-DD 12345678901234 12345678901234 YYYY-MM-DD 12345678901234 123456789012345- YYYY-MM-DD 12345678901234 12345678901234 YYYY-MM-DD 12345678901234 123456789012345- YYYY-MM-DD 12345678901234 12345678901234 5 5 Totals 18(b) 0 18(c) 0 19 Discounted employer contributions see instructions for small plan with a valuation date after the beginning of the year: a Contributions allocated toward unpaid minimum required contributions from prior years.... 19a -123456789012345 0 b Contributions made to avoid restrictions adjusted to valuation date... 19b -123456789012345 0 c Contributions allocated toward minimum required contribution for current year adjusted to valuation date... 19c -123456789012345 0 20 Quarterly contributions and liquidity shortfalls: a Did the plan have a funding shortfall for the prior year?... X Yes X No b If line 20a is Yes, were required quarterly installments for the current year made in a timely manner?... X Yes X No c If line 20a is Yes, see instructions and complete the following table as applicable: Liquidity shortfall as of end of quarter of this plan year (1) 1st (2) 2nd (3) 3rd (4) 4th 0-1234567890123450 -123456789012345 0-123456789012345 0-123456789012345
Schedule SB (Form 5500) 2016 Page 3 Part V Assumptions Used to Determine Funding Target and Target Normal Cost 21 Discount rate: a Segment rates: 1st segment: 2nd segment: 3rd segment: 123.12_% 4.43 123.12_% 5.91 123.12 6.65 % X N/A, full yield curve used b Applicable month (enter code)... 21b 4 1 22 Weighted average retirement age... 22 64 12 23 Mortality table(s) (see instructions) X Prescribed - combined X Prescribed - separate X Substitute Part VI Miscellaneous Items 24 Has a change been made in the non-prescribed actuarial assumptions for the current plan year? If Yes, see instructions regarding required attachment.... X Yes X No 25 Has a method change been made for the current plan year? If Yes, see instructions regarding required attachment.... X Yes X No 26 Is the plan required to provide a Schedule of Active Participants? If Yes, see instructions regarding required attachment.... X Yes X No 27 If the plan is subject to alternative funding rules, enter applicable code and see instructions regarding attachment... Part VII Reconciliation of Unpaid Minimum Required Contributions For Prior Years 28 Unpaid minimum required contributions for all prior years... 28-123456789012345 0 29 Discounted employer contributions allocated toward unpaid minimum required contributions from prior years 29 (line 19a)... -123456789012345 0 30 Remaining amount of unpaid minimum required contributions (line 28 minus line 29)... 30-123456789012345 0 Part VIII Minimum Required Contribution For Current Year 31 Target normal cost and excess assets (see instructions): a Target normal cost (line 6)... 31a -123456789012345 24003968 b Excess assets, if applicable, but not greater than line 31a... 31b 0 32 Amortization installments: Outstanding Balance Installment a Net shortfall amortization installment... -123456789012345 489879782-123456789012345 87257986 b Waiver amortization installment... -123456789012345 0-123456789012345 0 33 If a waiver has been approved for this plan year, enter the date of the ruling letter granting the approval (Month Day Year )_and the waived amount... 27 33 0-123456789012345 34 Total funding requirement before reflecting carryover/prefunding balances (lines 31a - 31b + 32a + 32b - 33)... 34-123456789012345 111261954 Carryover balance Prefunding balance Total balance 35 Balances elected for use to offset funding requirement... -123456789012345 0-123456789012345 111261954-123456789012345 111261954 36 Additional cash requirement (line 34 minus line 35)... 36-123456789012345 0 37 Contributions allocated toward minimum required contribution for current year adjusted to valuation date (line 19c)... 37-123456789012345 0 38 Present value of excess contributions for current year (see instructions) a Total (excess, if any, of line 37 over line 36)... 38a 0 b Portion included in line 38a attributable to use of prefunding and funding standard carryover balances... 38b 0 39 Unpaid minimum required contribution for current year (excess, if any, of line 36 over line 37)... 39-123456789012345 0 40 Unpaid minimum required contributions for all years... 40-123456789012345 0 Part IX Pension Funding Relief Under Pension Relief Act of 2010 (See Instructions) 41 If an election was made to use PRA 2010 funding relief for this plan: a Schedule elected... 2 plus 7 years X 15 years b Eligible plan year(s) for which the election in line 41a was made... X 2008 X 2009 X 2010 X 2011 42 Amount of acceleration adjustment... 42 43 Excess installment acceleration amount to be carried over to future plan years... 43
Schedule C (Form 5500) 2011 Page 1 SCHEDULE C (Form 5500) Department of the Treasury Internal Revenue Service Department of Labor Employee Benefits Security Administration Pension Benefit Guaranty Corporation For calendar plan year 2016 or fiscal plan year beginning A Name of plan MSI PENSION PLAN Service Provider Information This schedule is required to be filed under section 104 of the Employee Retirement Income Security Act of 1974 (ERISA). File as an attachment to Form 5500. 01/01/2016 and ending 12/31/2016 OMB No. 1210-0110 2016 This Form is Open to Public Inspection. B Three-digit plan number (PN) 003 001 C Plan sponsor s name as shown on line 2a of Form 5500 MOTOROLA SOLUTIONS, INC. D Employer Identification Number (EIN) 012345678 36-1115800 Part I Service Provider Information (see instructions) You must complete this Part, in accordance with the instructions, to report the information required for each person who received, directly or indirectly, $5,000 or more in total compensation (i.e., money or anything else of monetary value) in connection with services rendered to the plan or the person's position with the plan during the plan year. If a person received only eligible indirect compensation for which the plan received the required disclosures, you are required to answer line 1 but are not required to include that person when completing the remainder of this Part. 1 Information on Persons Receiving Only Eligible Indirect Compensation a Check "Yes" or "No" to indicate whether you are excluding a person from the remainder of this Part because they received only eligible indirect compensation for which the plan received the required disclosures (see instructions for definitions and conditions)................ X Yes X No b If you answered line 1a Yes, enter the name and EIN or address of each person providing the required disclosures for the service providers who received only eligible indirect compensation. Complete as many entries as needed (see instructions). NORTHERN TRUST CORPORATION (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation 36-2723087 HEWITT FINANCIAL SERVICES (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation 36-3943169 (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation FEDERATED 1001 LIBERTY AVENUE PITTSBURGH, PA 15222 LAZARD ASSET MANAGEMENT (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation 30 ROCKEFELLER PLAZA NEW YORK, NY 10112 For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Schedule C (Form 5500) 2016 v.160205
Schedule C (Form 5500) 2016 Page 2-1 x MFS FUND DISTRIBUTORS, INC. (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation 111 HUNTINGTON AVENUE BOSTON, MA 02199 (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation (b) Enter name and EIN or address of person who provided you disclosures on eligible indirect compensation
Schedule C (Form 5500) 2016 Page 3-1 x 2. Information on Other Service Providers Receiving Direct or Indirect Compensation. Except for those persons for whom you answered Yes to line 1a above, complete as many entries as needed to list each person receiving, directly or indirectly, $5,000 or more in total compensation (i.e., money or anything else of value) in connection with services rendered to the plan or their position with the plan during the plan year. (See instructions). GOLDMAN SACHS ASSET MANAGEMENT (a) Enter name and EIN or address (see instructions) 13-3575636 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 28 50 51 52 56 NONE ABCD 123456789012 5534074 1234567890123450 345 Yes X No X Yes X No X Yes X No X (a) Enter name and EIN or address (see instructions) AON HEWITT ASSOCIATES 36-2235791 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 11 15 50 NONE ABCD 123456789012 2705464 345 Yes X No X Yes X No X 1234567890123450 Yes X No X (a) Enter name and EIN or address (see instructions) JENNISON ASSOCIATES LLC 13-2631108 (b) Service Code(s) 28 50 51 52 68 (c) Relationship to employer, employee organization, or person known to be a party-in-interest NONE ABCD (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 123456789012 1126323 0 345 Yes X No X Yes X No X Yes X No X
Schedule C (Form 5500) 2016 Page 3-12 x 2. Information on Other Service Providers Receiving Direct or Indirect Compensation. Except for those persons for whom you answered Yes to line 1a above, complete as many entries as needed to list each person receiving, directly or indirectly, $5,000 or more in total compensation (i.e., money or anything else of value) in connection with services rendered to the plan or their position with the plan during the plan year. (See instructions). NORTHERN TRUST COMPANY (a) Enter name and EIN or address (see instructions) 36-1561860 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 21 50 NONE ABCD 123456789012 903200 1234567890123450 345 Yes X No X Yes X No X Yes X No X (a) Enter name and EIN or address (see instructions) EXTEND HEALTH INC. 26-0775680 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 16 50 NONE ABCD 123456789012 181400 345 Yes X No X Yes X No X 123456789012345 Yes X No X (a) Enter name and EIN or address (see instructions) BOSTON PARTNERS 98-0202744 (b) Service Code(s) 28 50 (c) Relationship to employer, employee organization, or person known to be a party-in-interest NONE ABCD (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 123456789012 177983 345 Yes X No X Yes X No X Yes X No X
Schedule C (Form 5500) 2016 Page 3-13 x 2. Information on Other Service Providers Receiving Direct or Indirect Compensation. Except for those persons for whom you answered Yes to line 1a above, complete as many entries as needed to list each person receiving, directly or indirectly, $5,000 or more in total compensation (i.e., money or anything else of value) in connection with services rendered to the plan or their position with the plan during the plan year. (See instructions). WELLINGTON MANAGEMENT CO. LLP (a) Enter name and EIN or address (see instructions) 04-2683227 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 28 50 NONE ABCD 123456789012 146446 345 Yes X No X Yes X No X 123456789012345 Yes X No X (a) Enter name and EIN or address (see instructions) WELLINGTON TRUST COMPANY 04-2755549 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 28 50 NONE ABCD 123456789012 58564 345 Yes X No X Yes X No X 123456789012345 Yes X No X (a) Enter name and EIN or address (see instructions) CROWE HORWATH LLP 35-0921680 (b) Service Code(s) 10 50 (c) Relationship to employer, employee organization, or person known to be a party-in-interest NONE ABCD (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 123456789012 44600 345 Yes X No X Yes X No X Yes X No X
Schedule C (Form 5500) 2016 Page 3-14 x 2. Information on Other Service Providers Receiving Direct or Indirect Compensation. Except for those persons for whom you answered Yes to line 1a above, complete as many entries as needed to list each person receiving, directly or indirectly, $5,000 or more in total compensation (i.e., money or anything else of value) in connection with services rendered to the plan or their position with the plan during the plan year. (See instructions). CROWE HORWATH LLC (a) Enter name and EIN or address (see instructions) 35-0921680 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 10 50 NONE ABCD 123456789012 44600 345 Yes X No X Yes X No X 123456789012345 Yes X No X (a) Enter name and EIN or address (see instructions) PENSION BENEFIT INFORMATION 94-2856521 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 16 50 NONE ABCD 123456789012 25804 345 Yes X No X Yes X No X 123456789012345 Yes X No X (a) Enter name and EIN or address (see instructions) MCDERMOTT WILL & EMERY 36-1453176 (b) Service Code(s) 29 50 (c) Relationship to employer, employee organization, or person known to be a party-in-interest NONE ABCD (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 123456789012 17186 345 Yes X No X Yes X No X Yes X No X
Schedule C (Form 5500) 2016 Page 3-15 x 2. Information on Other Service Providers Receiving Direct or Indirect Compensation. Except for those persons for whom you answered Yes to line 1a above, complete as many entries as needed to list each person receiving, directly or indirectly, $5,000 or more in total compensation (i.e., money or anything else of value) in connection with services rendered to the plan or their position with the plan during the plan year. (See instructions). JONES DAY REAVIS & POGUE (a) Enter name and EIN or address (see instructions) 34-0319085 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 28 50 NONE ABCD 123456789012 10922 345 Yes X No X Yes X No X 123456789012345 Yes X No X (a) Enter name and EIN or address (see instructions) WINSTON AND STRAWN 36-1975990 (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 29 50 NONE ABCD 123456789012 8546 345 Yes X No X Yes X No X 123456789012345 Yes X No X (a) Enter name and EIN or address (see instructions) (b) Service Code(s) (c) Relationship to employer, employee organization, or person known to be a party-in-interest ABCD (d) Enter direct compensation paid by the plan. If none, enter -0-. (e) Did service provider receive indirect compensation? (sources other than plan or plan sponsor) (f) Did indirect compensation include eligible indirect compensation, for which the plan received the required disclosures? (g) (h) Enter total indirect Did the service compensation received by provider give you a service provider excluding formula instead of eligible indirect an amount or compensation for which you estimated amount? answered Yes to element (f). If none, enter -0-. 123456789012 345 Yes X No X Yes X No X Yes X No X
Schedule C (Form 5500) 2016 Page 4-1 x Part I Service Provider Information (continued) 3. If you reported on line 2 receipt of indirect compensation, other than eligible indirect compensation, by a service provider, and the service provider is a fiduciary or provides contract administrator, consulting, custodial, investment advisory, investment management, broker, or recordkeeping services, answer the following questions for (a) each source from whom the service provider received $1,000 or more in indirect compensation and (b) each source for whom the service provider gave you a formula used to determine the indirect compensation instead of an amount or estimated amount of the indirect compensation. Complete as many entries as needed to report the required information for each source. (a) Enter service provider name as it appears on line 2 (b) Service Codes (see instructions) (c) Enter amount of indirect compensation (d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any formula used to determine the service provider s eligibility for or the amount of the indirect compensation. (a) Enter service provider name as it appears on line 2 (b) Service Codes (see instructions) (c) Enter amount of indirect compensation (d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any formula used to determine the service provider s eligibility for or the amount of the indirect compensation. (a) Enter service provider name as it appears on line 2 (b) Service Codes (see instructions) (c) Enter amount of indirect compensation (d) Enter name and EIN (address) of source of indirect compensation (e) Describe the indirect compensation, including any formula used to determine the service provider s eligibility for or the amount of the indirect compensation.
Schedule C (Form 5500) 2016 Page 5-1 x Part II Service Providers Who Fail or Refuse to Provide Information 4 Provide, to the extent possible, the following information for each service provider who failed or refused to provide the information necessary to complete this Schedule. (a) Enter name and EIN or address of service provider (see instructions) (b) Nature of Service Code(s) ABCD 10 11 ABCD 12 13 ABCD ABCD ABCD 1234567890 (c) Describe the information that the service provider failed or refused to provide ABCDE ABCDE ABCDE ABCDE ABCDE ABCDE (a) Enter name and EIN or address of service provider (see instructions) (b) Nature of Service Code(s) ABCD 10 11 ABCD 12 13 ABCD ABCD ABCD 1234567890 (a) Enter name and EIN or address of service provider (see (b) Nature of instructions) Service Code(s) ABCD 10 11 12 ABCD 13 ABCD ABCD ABCD 1234567890 (a) Enter name and EIN or address of service provider (see (b) Nature of instructions) Service Code(s) ABCD 10 11 12 ABCD 13 ABCD ABCD ABCD 1234567890 (a) Enter name and EIN or address of service provider (see (b) Nature of instructions) Service Code(s) ABCD 10 11 12 ABCD 13 ABCD ABCD ABCD 1234567890 (c) Describe the information that the service provider failed or refused to provide ABCDE ABCDE ABCDE ABCDE ABCDE ABCDE (c) Describe the information that the service provider failed or refused to provide ABCDE ABCDE ABCDE ABCDE ABCDE ABCDE (c) Describe the information that the service provider failed or refused to provide ABCDE ABCDE ABCDE ABCDE ABCDE ABCDE (c) Describe the information that the service provider failed or refused to provide ABCDE ABCDE ABCDE ABCDE ABCDE ABCDE (a) Enter name and EIN or address of service provider (see instructions) ABCD ABCD ABCD ABCD ABCD 1234567890 (b) Nature of Service Code(s) (c) Describe the information that the service provider failed or refused to provide ABCDE ABCDE ABCDE ABCDE ABCDE ABCDE
Schedule C (Form 5500) 2016 Page 6-1 x Part III Termination Information on Accountants and Enrolled Actuaries (see instructions) (complete as many entries as needed) a Name: ABCD b EIN: 123456789 c Position: ABCD d Address: ABCD e Telephone: 1234567890 ABCD ABCD ABCD Explanation: a Name: ABCD b EIN: 123456789 c Position: ABCD d Address: ABCD e Telephone: 1234567890 ABCD ABCD ABCD Explanation: a Name: ABCD b EIN: 123456789 c Position: ABCD d Address: ABCD e Telephone: 1234567890 ABCD ABCD ABCD Explanation: a Name: ABCD b EIN: 123456789 c Position: ABCD d Address: ABCD e Telephone: 1234567890 ABCD ABCD ABCD Explanation: a Name: ABCD b EIN: 123456789 c Position: ABCD d Address: ABCD e Telephone: 1234567890 ABCD ABCD ABCD Explanation:
SCHEDULE D (Form 5500) Department of the Treasury Internal Revenue Service Department of Labor Employee Benefits Security Administration DFE/Participating Plan Information This schedule is required to be filed under section 104 of the Employee Retirement Income Security Act of 1974 (ERISA). File as an attachment to Form 5500. OMB No. 1210-0110 2016 This Form is Open to Public Inspection. For calendar plan year 2016 or fiscal plan year beginning 01/01/2016 and ending 12/31/2016 A Name of plan B Three-digit MSI PENSION PLAN plan number (PN) 003 001 C Plan or DFE sponsor s name as shown on line 2a of Form 5500 MOTOROLA SOLUTIONS, INC. D Employer Identification Number (EIN) 012345678 36-1115800 Part I Information on interests in MTIAs, CCTs, PSAs, and 103-12 IEs (to be completed by plans and DFEs) (Complete as many entries as needed to report all interests in DFEs) a Name of MTIA, CCT, PSA, or 103-12 IE: NT COLLECTIVE SHORT TERM INV. FUND ABCD b Name of sponsor of entity listed in (a): NORTHERN TRUST GLOBAL INVESTMENTS c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 45-6138589-084 C 123456789-123 code 1 103-12 IE at end of year (see instructions) 1001000-123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: GS COLLECTIVE TST TACTICAL EXPOSURE ABCD b Name of sponsor of entity listed in (a): THE GOLDMAN SACHS TRUST COMPANY NA c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 13-4166989-027 C 123456789-123 code 1 103-12 IE at end of year (see instructions) 215378000-123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: WTC-CTF EMERGING LOCAL DEBT FUND ABCD b Name of sponsor of entity listed in (a): WELLINGTON TRUST COMPANY, NA c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 27-2594633-001 C 123456789-123 code 1 103-12 IE at end of year (see instructions) 32401000-123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: SSGA DAILY MSCI EMERGING MARKET ABCD b Name of sponsor of entity listed in (a): STATE STREET BANK AND TRUST COMPANY c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 04-0025081-192 C 123456789-123 code 1 103-12 IE at end of year (see instructions) 7764000-123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: SSGA DAILY MSCI EAFE INDEX ABCD b Name of sponsor of entity listed in (a): STATE STREET BANK AND TRUST COMPANY c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 04-0025081-181 C 123456789-123 code 1 103-12 IE at end of year (see instructions) 128413000-123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: SSGA S&P 500 FLAGSHIP NL - CM13 ABCD b Name of sponsor of entity listed in (a): STATE STREET BANK AND TRUST COMPANY c d Entity C e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 04-0025081-004 123456789-123 code 1 103-12 IE at end of year (see instructions) 5700000-123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: SSGA MSCI EAFE SMALL CAP INDEX ABCD b Name of sponsor of entity listed in (a): STATE STREET BANK AND TRUST COMPANY c d Entity C e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 90-0337987-164 123456789-123 code 1 103-12 IE at end of year (see instructions) 7748000-123456789012345 For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Schedule D (Form 5500) 2016 v.160205
Schedule D (Form 5500) 2016 Page 2-11 x a Name of MTIA, CCT, PSA, or 103-12 IE: COPPER ROCK INTERNATIONAL SMALL CAP ABCD OMAMTC HOLDING COMPANY b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 27-4085435-042 C 34583000 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345 a Name of MTIA, CCT, PSA, or 103-12 IE: ABCD b Name of sponsor of entity listed in (a): c d Entity e Dollar value of interest in MTIA, CCT, PSA, or EIN-PN 123456789-123 code 1 103-12 IE at end of year (see instructions) -123456789012345
6 Schedule D (Form 5500) 2016 Page 3-1 x Part II Information on Participating Plans (to be completed by DFEs) (Complete as many entries as needed to report all participating plans) a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor a Plan name b Name of plan sponsor c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123 c EIN-PN 123456789-123
SCHEDULE H (Form 5500) Department of the Treasury Internal Revenue Service Department of Labor Employee Benefits Security Administration Financial Information This schedule is required to be filed under section 104 of the Employee Retirement Income Security Act of 1974 (ERISA), and section 6058(a) of the Internal Revenue Code (the Code). OMB No. 1210-0110 2016 Pension Benefit Guaranty Corporation File as an attachment to Form 5500. This Form is Open to Public Inspection For calendar plan year 2016 or fiscal plan year beginning 01/01/2016 and ending 12/31/2016 A Name of plan B Three-digit MSI PENSION PLAN plan number (PN) 003 001 C Plan sponsor s name as shown on line 2a of Form 5500 D Employer Identification Number (EIN) MOTOROLA SOLUTIONS, INC. 012345678 36-1115800 Part I Asset and Liability Statement 1 Current value of plan assets and liabilities at the beginning and end of the plan year. Combine the value of plan assets held in more than one trust. Report the value of the plan s interest in a commingled fund containing the assets of more than one plan on a line-by-line basis unless the value is reportable on lines 1c(9) through 1c(14). Do not enter the value of that portion of an insurance contract which guarantees, during this plan year, to pay a specific dollar benefit at a future date. Round off amounts to the nearest dollar. MTIAs, CCTs, PSAs, and 103-12 IEs do not complete lines 1b(1), 1b(2), 1c(8), 1g, 1h, and 1i. CCTs, PSAs, and 103-12 IEs also do not complete lines 1d and 1e. See instructions. Assets (a) Beginning of Year (b) End of Year a Total noninterest-bearing cash... 1a -123456789012345 0-123456789012345 42000 b Receivables (less allowance for doubtful accounts): (1) Employer contributions... 1b(1) -123456789012345 10000000-123456789012345 0 (2) Participant contributions... 1b(2) -123456789012345-123456789012345 (3) Other... 1b(3) -123456789012345 9261000-123456789012345 34833000 c General investments: (1) Interest-bearing cash (include money market accounts & certificates of deposit)... 1c(1) -123456789012345 130233000-123456789012345 175142000 (2) U.S. Government securities... 1c(2) -123456789012345 195228000-123456789012345 186821000 (3) Corporate debt instruments (other than employer securities): (A) Preferred... 1c(3)(A) -123456789012345-123456789012345 (B) All other... 1c(3)(B) -123456789012345 861974000-123456789012345 825903000 (4) Corporate stocks (other than employer securities): (A) Preferred... 1c(4)(A) -123456789012345 2473000-123456789012345 0 (B) Common... 1c(4)(B) -123456789012345 88448000-123456789012345 94961000 (5) Partnership/joint venture interests... 1c(5) -123456789012345 90116000-123456789012345 97530000 (6) Real estate (other than employer real property)... 1c(6) -123456789012345-123456789012345 (7) Loans (other than to participants)... 1c(7) -123456789012345-123456789012345 (8) Participant loans... 1c(8) -123456789012345-123456789012345 (9) Value of interest in common/collective trusts... 1c(9) -123456789012345 437647000-123456789012345 424170000 (10) Value of interest in pooled separate accounts... 1c(10) -123456789012345-123456789012345 (11) Value of interest in master trust investment accounts... 1c(11) -123456789012345-123456789012345 (12) Value of interest in 103-12 investment entities... 1c(12) -123456789012345-123456789012345 (13) Value of interest in registered investment companies (e.g., mutual funds)... 1c(13) -123456789012345 1145313000-123456789012345 1235876000 (14) Value of funds held in insurance company general account (unallocated contracts)... 1c(14) -123456789012345-123456789012345 (15) Other... 1c(15) -123456789012345 302657000-123456789012345 300960000 For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Schedule H (Form 5500) 2016 v.160205
Schedule H (Form 5500) 2016 Page 2 1d Employer-related investments: (a) Beginning of Year (b) End of Year (1) Employer securities... 1d(1) -123456789012345-123456789012345 (2) Employer real property... 1d(2) -123456789012345-123456789012345 1e Buildings and other property used in plan operation... 1e -123456789012345-123456789012345 1f Total assets (add all amounts in lines 1a through 1e)... 1f -123456789012345 3273350000-123456789012345 3376238000 Liabilities 1g Benefit claims payable... 1g -123456789012345-123456789012345 1h Operating payables... 1h -123456789012345-123456789012345 1i Acquisition indebtedness... 1i -123456789012345-123456789012345 1j Other liabilities... 1j -123456789012345 2833000-123456789012345 37378000 1k Total liabilities (add all amounts in lines 1g through1j)... 1k -123456789012345 2833000-123456789012345 37378000 Net Assets 1l Net assets (subtract line 1k from line 1f)... 1l -123456789012345 3270517000-123456789012345 3338860000 Part II Income and Expense Statement 2 Plan income, expenses, and changes in net assets for the year. Include all income and expenses of the plan, including any trust(s) or separately maintained fund(s) and any payments/receipts to/from insurance carriers. Round off amounts to the nearest dollar. MTIAs, CCTs, PSAs, and 103-12 IEs do not complete lines 2a, 2b(1)(E), 2e, 2f, and 2g. Income (a) Amount (b) Total a Contributions: (1) Received or receivable in cash from: (A) Employers... 2a(1)(A) -123456789012345 (B) Participants... 2a(1)(B) -123456789012345 (C) Others (including rollovers)... 2a(1)(C) -123456789012345 (2) Noncash contributions... 2a(2) -123456789012345 (3) Total contributions. Add lines 2a(1)(A), (B), (C), and line 2a(2)... 2a(3) -123456789012345 0 b Earnings on investments: (1) Interest: (A) Interest-bearing cash (including money market accounts and certificates of deposit)... 2b(1)(A) -123456789012345 1091000 (B) U.S. Government securities... 2b(1)(B) -123456789012345 740000 (C) Corporate debt instruments... 2b(1)(C) -123456789012345 40181000 (D) Loans (other than to participants)... 2b(1)(D) -123456789012345 (E) Participant loans... 2b(1)(E) -123456789012345 (F) Other... 2b(1)(F) -123456789012345 5972000 (G) Total interest. Add lines 2b(1)(A) through (F)... 2b(1)(G) -123456789012345 47984000 (2) Dividends: (A) Preferred stock... 2b(2)(A) -123456789012345 86000 (B) Common stock... 2b(2)(B) -123456789012345 1180000 (C) Registered investment company shares (e.g. mutual funds)... 2b(2)(C) 20590000 (D) Total dividends. Add lines 2b(2)(A), (B), and (C) 2b(2)(D) -123456789012345 21856000 (3) Rents... 2b(3) -123456789012345 (4) Net gain (loss) on sale of assets: (A) Aggregate proceeds... 2b(4)(A) -123456789012345 700191000 (B) Aggregate carrying amount (see instructions)... 2b(4)(B) -123456789012345 681278000 (C) Subtract line 2b(4)(B) from line 2b(4)(A) and enter result... 2b(4)(C) -123456789012345 18913000 (5) Unrealized appreciation (depreciation) of assets: (A) Real estate... 2b(5)(A) -123456789012345 (B) Other... 2b(5)(B) -123456789012345 50176000 (C) Total unrealized appreciation of assets. Add lines 2b(5)(A) and (B)... 2b(5)(C) -123456789012345 50176000
Schedule H (Form 5500) 2016 Page 3 (a) Amount (b) Total (6) Net investment gain (loss) from common/collective trusts... 2b(6) -123456789012345 32407000 (7) Net investment gain (loss) from pooled separate accounts... 2b(7) -123456789012345 (8) Net investment gain (loss) from master trust investment accounts... 2b(8) -123456789012345 (9) Net investment gain (loss) from 103-12 investment entities... 2b(9) -123456789012345 (10) Net investment gain (loss) from registered investment companies (e.g., mutual funds)... 2b(10) -123456789012345 35673000 c Other income... 2c -123456789012345-4992000 d Total income. Add all income amounts in column (b) and enter total... 2d -123456789012345 202017000 Expenses e Benefit payment and payments to provide benefits: (1) Directly to participants or beneficiaries, including direct rollovers... 2e(1) -123456789012345 95264000 (2) To insurance carriers for the provision of benefits... 2e(2) -123456789012345 (3) Other... 2e(3) -123456789012345 (4) Total benefit payments. Add lines 2e(1) through (3)... 2e(4) -123456789012345 95264000 f Corrective distributions (see instructions)... 2f -123456789012345 g Certain deemed distributions of participant loans (see instructions)... 2g -123456789012345 h Interest expense... 2h -123456789012345 i Administrative expenses: (1) Professional fees... 2i(1) -123456789012345 1181000 (2) Contract administrator fees... 2i(2) -123456789012345 2705000 (3) Investment advisory and management fees... 2i(3) -123456789012345 7054000 (4) Other... 2i(4) -123456789012345 27470000 (5) Total administrative expenses. Add lines 2i(1) through (4)... 2i(5) -123456789012345 38410000 j Total expenses. Add all expense amounts in column (b) and enter total... 2j -123456789012345 133674000 Net Income and Reconciliation k Net income (loss). Subtract line 2j from line 2d... 2k -123456789012345 68343000 l Transfers of assets: (1) To this plan... 2l(1) -123456789012345 (2) From this plan... 2l(2) -123456789012345 Part III Accountant s Opinion 3 Complete lines 3a through 3c if the opinion of an independent qualified public accountant is attached to this Form 5500. Complete line 3d if an opinion is not attached. a The attached opinion of an independent qualified public accountant for this plan is (see instructions): (1) X Unqualified (2) X Qualified (3) X Disclaimer (4) X Adverse b Did the accountant perform a limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)? X Yes X No c Enter the name and EIN of the accountant (or accounting firm) below: (1) Name: CROWE HORWATH LLP ABCD (2) EIN: 123456789 35-0921680 d The opinion of an independent qualified public accountant is not attached because: (1) X This form is filed for a CCT, PSA, or MTIA. (2) X It will be attached to the next Form 5500 pursuant to 29 CFR 2520.104-50. Part IV Compliance Questions 4 CCTs and PSAs do not complete Part IV. MTIAs, 103-12 IEs, and GIAs do not complete lines 4a, 4e, 4f, 4g, 4h, 4k, 4m, 4n, or 5. 103-12 IEs also do not complete lines 4j and 4l. MTIAs also do not complete line 4l. a b During the plan year: Yes No Amount Was there a failure to transmit to the plan any participant contributions within the time period described in 29 CFR 2510.3-102? Continue to answer Yes for any prior year failures until fully corrected. (See instructions and DOL s Voluntary Fiduciary Correction Program.)... Were any loans by the plan or fixed income obligations due the plan in default as of the close of the plan year or classified during the year as uncollectible? Disregard participant loans secured by participant s account balance. (Attach Schedule G (Form 5500) Part I if Yes is checked.)... 4a 4b X X
c d Schedule H (Form 5500) 2016 Page 4-1 x Yes No Amount Were any leases to which the plan was a party in default or classified during the year as uncollectible? (Attach Schedule G (Form 5500) Part II if Yes is checked.)... 4c X -123456789012345 Were there any nonexempt transactions with any party-in-interest? (Do not include transactions reported on line 4a. Attach Schedule G (Form 5500) Part III if Yes is checked.)... 4d X -123456789012345 e Was this plan covered by a fidelity bond?... 4e X -123456789012345 25000000 f Did the plan have a loss, whether or not reimbursed by the plan s fidelity bond, that was caused by fraud or dishonesty?... 4f X -123456789012345 g h Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser?... 4g X -123456789012345 Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser?... 4h X -123456789012345 i Did the plan have assets held for investment? (Attach schedule(s) of assets if Yes is checked, and see instructions for format requirements.)... 4i X j Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? (Attach schedule of transactions if Yes is checked, and see instructions for format requirements.)... 4j X k Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC?... 4k X l Has the plan failed to provide any benefit when due under the plan?... 4l X -123456789012345 m If this is an individual account plan, was there a blackout period? (See instructions and 29 CFR 2520.101-3.)... 4m n If 4m was answered Yes, check the Yes box if you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3.... 4n o Defined Benefit Plan or Money Purchase Pension Plan Only: Were any distributions made during the plan year to an employee who attained age 62 and had not separated from service?... 4o 5a Has a resolution to terminate the plan been adopted during the plan year or any prior plan year? If Yes, enter the amount of any plan assets that reverted to the employer this year... X Yes X No Amount:- 5b If, during this plan year, any assets or liabilities were transferred from this plan to another plan(s), identify the plan(s) to which assets or liabilities were transferred. (See instructions.) 5b(1) Name of plan(s) 5b(2) EIN(s) 5b(3) PN(s) 123456789 123 123456789 123 123456789 123 123456789 123 5c If the plan is a defined benefit plan, is it covered under the PBGC insurance program (See ERISA section 4021.)?... X Yes X No X Not determined If Yes is checked, enter the My PAA confirmation number from the PBGC premium filing for this plan year. 3996919 (See instructions.) Part V Trust Information 6a Name of trust 6b Trust s EIN 6c Name of trustee or custodian 6d Trustee s or custodian s telephone number +12345678901234567890123456
SCHEDULE R (Form 5500) Department of the Treasury Internal Revenue Service Department of Labor Employee Benefits Security Administration Pension Benefit Guaranty Corporation Retirement Plan Information This schedule is required to be filed under sections 104 and 4065 of the Employee Retirement Income Security Act of 1974 (ERISA) and section 6058(a) of the Internal Revenue Code (the Code). File as an attachment to Form 5500. For calendar plan year 2016 or fiscal plan year beginning 01/01/2016 and ending A Name of plan B MSI PENSION PLAN C Plan sponsor s name as shown on line 2a of Form 5500 MOTOROLA SOLUTIONS, INC. Part I Distributions All references to distributions relate only to payments of benefits during the plan year. 1 Total value of distributions paid in property other than in cash or the forms of property specified in the instructions... D OMB No. 1210-0110 2016 This Form is Open to Public Inspection. Three-digit plan number (PN) 003 001 Employer Identification Number (EIN) 36-1115800 012345678 1 0-123456789012345 2 Enter the EIN(s) of payor(s) who paid benefits on behalf of the plan to participants or beneficiaries during the year (if more than two, enter EINs of the two payors who paid the greatest dollar amounts of benefits): EIN(s): 47-1471035 Profit-sharing plans, ESOPs, and stock bonus plans, skip line 3. 3 Number of participants (living or deceased) whose benefits were distributed in a single sum, during the plan 3 728 year... 12345678 Part II Funding Information (If the plan is not subject to the minimum funding requirements of section of 412 of the Internal Revenue Code or ERISA section 302, skip this Part.) 4 Is the plan administrator making an election under Code section 412(d)(2) or ERISA section 302(d)(2)?... X Yes X No X N/A If the plan is a defined benefit plan, go to line 8. 5 If a waiver of the minimum funding standard for a prior year is being amortized in this plan year, see instructions and enter the date of the ruling letter granting the waiver. Date: Month Day Year If you completed line 5, complete lines 3, 9, and 10 of Schedule MB and do not complete the remainder of this schedule. 6 a Enter the minimum required contribution for this plan year (include any prior year accumulated funding 6a -123456789012345 deficiency not waived)... b Enter the amount contributed by the employer to the plan for this plan year... 6b -123456789012345 c If you completed line 6c, skip lines 8 and 9. 7 Will the minimum funding amount reported on line 6c be met by the funding deadline?... X Yes X No X N/A 8 If a change in actuarial cost method was made for this plan year pursuant to a revenue procedure or other authority providing automatic approval for the change or a class ruling letter, does the plan sponsor or plan administrator agree with the change?... X Yes X No X N/A Part III Amendments 9 If this is a defined benefit pension plan, were any amendments adopted during this plan year that increased or decreased the value of benefits? If yes, check the appropriate box. If no, check the No box.... X Increase X Decrease X Both X No Part IV ESOPs (see instructions). If this is not a plan described under Section 409(a) or 4975(e)(7) of the Internal Revenue Code, skip this Part. 10 Were unallocated employer securities or proceeds from the sale of unallocated securities used to repay any exempt loan?... X Yes X No 11 a Does the ESOP hold any preferred stock?... X Yes X No b 12/31/2016 Subtract the amount in line 6b from the amount in line 6a. Enter the result (enter a minus sign to the left of a negative amount)... 6c -123456789012345 If the ESOP has an outstanding exempt loan with the employer as lender, is such loan part of a back-to-back loan? (See instructions for definition of back-to-back loan.)... 12 Does the ESOP hold any stock that is not readily tradable on an established securities market?... X Yes X No For Paperwork Reduction Act Notice, see the Instructions for Form 5500. Schedule R (Form 5500) 2016 v. 160205 X Yes X No
Schedule R (Form 5500) 2016 Page 2-1- 1 x Part V Additional Information for Multiemployer Defined Benefit Pension Plans 13 Enter the following information for each employer that contributed more than 5% of total contributions to the plan during the plan year (measured in dollars). See instructions. Complete as many entries as needed to report all applicable employers. a Name of contributing employer b EIN c Dollar amount contributed by employer d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box X and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month Day Year e Contribution rate information (If more than one rate applies, check this box X and see instructions regarding required attachment. Otherwise, complete lines 13e(1) and 13e(2).) (1) Contribution rate (in dollars and cents) (2) Base unit measure: X Hourly X Weekly X Unit of production X Other (specify): a Name of contributing employer b EIN c Dollar amount contributed by employer d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box X and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month Day Year e Contribution rate information (If more than one rate applies, check this box X and see instructions regarding required attachment. Otherwise, complete lines 13e(1) and 13e(2).) (1) Contribution rate (in dollars and cents) (2) Base unit measure: X Hourly X Weekly X Unit of production X Other (specify): a Name of contributing employer b EIN c Dollar amount contributed by employer d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box X and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month Day Year e Contribution rate information (If more than one rate applies, check this box X and see instructions regarding required attachment. Otherwise, complete lines 13e(1) and 13e(2).) (1) Contribution rate (in dollars and cents) (2) Base unit measure: X Hourly X Weekly X Unit of production X Other (specify): a Name of contributing employer b EIN c Dollar amount contributed by employer d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box X and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month Day Year e Contribution rate information (If more than one rate applies, check this box X and see instructions regarding required attachment. Otherwise, complete lines 13e(1) and 13e(2).) (1) Contribution rate (in dollars and cents) (2) Base unit measure: X Hourly X Weekly X Unit of production X Other (specify): a Name of contributing employer b EIN c Dollar amount contributed by employer d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box X and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month Day Year e Contribution rate information (If more than one rate applies, check this box X and see instructions regarding required attachment. Otherwise, complete lines 13e(1) and 13e(2).) (1) Contribution rate (in dollars and cents) (2) Base unit measure: X Hourly X Weekly X Unit of production X Other (specify): a Name of contributing employer b EIN c Dollar amount contributed by employer d Date collective bargaining agreement expires (If employer contributes under more than one collective bargaining agreement, check box X and see instructions regarding required attachment. Otherwise, enter the applicable date.) Month Day Year e Contribution rate information (If more than one rate applies, check this box X and see instructions regarding required attachment. Otherwise, complete lines 13e(1) and 13e(2).) (1) Contribution rate (in dollars and cents) (2) Base unit measure: X Hourly X Weekly X Unit of production X Other (specify):
Schedule R (Form 5500) 2016 Page 3 14 Enter the number of participants on whose behalf no contributions were made by an employer as an employer of the participant for: 123456789012345 a The current year... 14a b The plan year immediately preceding the current plan year... 14b 123456789012345 c The second preceding plan year... 14c 123456789012345 15 Enter the ratio of the number of participants under the plan on whose behalf no employer had an obligation to make an employer contribution during the current plan year to: a The corresponding number for the plan year immediately preceding the current plan year... 15a 123456789012345 b The corresponding number for the second preceding plan year... 15b 123456789012345 16 Information with respect to any employers who withdrew from the plan during the preceding plan year: a Enter the number of employers who withdrew during the preceding plan year... 16a 123456789012345 b If line 16a is greater than 0, enter the aggregate amount of withdrawal liability assessed or estimated to be assessed against such withdrawn employers... 16b 123456789012345 17 If assets and liabilities from another plan have been transferred to or merged with this plan during the plan year, check box and see instructions regarding supplemental information to be included as an attachment.... X Part VI Additional Information for Single-Employer and Multiemployer Defined Benefit Pension Plans 18 If any liabilities to participants or their beneficiaries under the plan as of the end of the plan year consist (in whole or in part) of liabilities to such participants and beneficiaries under two or more pension plans as of immediately before such plan year, check box and see instructions regarding supplemental information to be included as an attachment... X 19 If the total number of participants is 1,000 or more, complete lines (a) through (c) a Enter the percentage of plan assets held as: Stock: % 40.2 Investment-Grade Debt: % 33.5 High-Yield Debt: % 0.7 Real Estate: % 0.0 Other: % 25.6 b Provide the average duration of the combined investment-grade and high-yield debt: X 0-3 years X 3-6 years X 6-9 years X 9-12 years X 12-15 years X 15-18 years X 18-21 years X 21 years or more c What duration measure was used to calculate line 19(b)? X Effective duration X Macaulay duration X Modified duration X Other (specify): Part VII IRS Compliance Questions 20a Is the plan a 401(k) plan? If No, skip b... X Yes X No 20b How did the plan satisfy the nondiscrimination requirements for employee deferrals under section 401(k)(3) for the plan year? Check all that apply:... 21a What testing method was used to satisfy the coverage requirements under section 410(b) for the plan year? Check all that apply:... X Design-based safe harbor Current year X ADP test Ratio X percentage test Prior year X ADP test X N/A X Average benefit test X N/A 21b Did the plan satisfy the coverage and nondiscrimination requirements of sections 410(b) and 401(a)(4) X Yes X No for the plan year by combining this plan with any other plan under the permissive aggregation rules?... 22a If the plan is a master and prototype plan (M&P) or volume submitter plan that received a favorable IRS opinion letter or advisory letter, enter the date of the letter / / and the serial number. 22b If the plan is an individually-designed plan that received a favorable determination letter from the IRS, enter the date of the most recent determination letter / /.
MSI PENSION PLAN Chicago, Illinois FINANCIAL STATEMENTS December 31, 2016 and 2015
MSI PENSION PLAN Chicago, Illinois FINANCIAL STATEMENTS December 31, 2016 and 2015 CONTENTS INDEPENDENT AUDITOR S REPORT... 1 Page FINANCIAL STATEMENTS STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS... 3 STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS... 4 NOTES TO FINANCIAL STATEMENTS... 5 SUPPLEMENTAL SCHEDULE SCHEDULE H, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF YEAR)... 19
Crowe Horwath LLP Independent Member Crowe Horwath International INDEPENDENT AUDITOR S REPORT Motorola Solutions, Inc. Motorola Solutions Pension Plan Committee Chicago, Illinois Report on the Financial Statements We were engaged to audit the accompanying financial statements of MSI Pension Plan, which comprise the statements of net assets available for benefits as of December 31, 2016 and 2015, and the related statements of changes in net assets available for benefits for the years then ended, and the related notes to the financial statements. Management s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor s Responsibility Our responsibility is to express an opinion on these financial statements based on conducting the audits in accordance with auditing standards generally accepted in the United States of America. Because of the matter described in the Basis for Disclaimer of Opinion paragraph, however, we were not able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion. Basis for Disclaimer of Opinion As permitted by 29 CFR 2520.103-8 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, the plan administrator instructed us not to perform, and we did not perform, any auditing procedures with respect to the information summarized in Note 4, which was certified by The Northern Trust Company, the trustee of the Plan, except for comparing such information with the related information included in the financial statements. We have been informed by the plan administrator that the trustee holds the Plan's investment assets and executes investment transactions. The plan administrator has obtained certification from the trustee as of December 31, 2016 and 2015 and for the years then ended that the information provided to the plan administrator by the trustee is complete and accurate. Disclaimer of Opinion Because of the significance of the matter described in the Basis for Disclaimer of Opinion paragraph, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion. Accordingly, we do not express an opinion on these financial statements. (Continued) 1.
Other Matter The supplemental Schedule H, Line 4i Schedule of Assets (Held at End of Year) as of December 31, 2016 is required by the Department of Labor s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 and is presented for purposes of additional analysis and is not a required part of the financial statements. Because of the significance of the matter described in the Basis for Disclaimer of Opinion paragraph, we do not express an opinion on the supplemental schedule. Report on Form and Content in Compliance with DOL Rules and Regulations The form and content of the information included in the financial statements and supplemental schedule, other than that derived from the information certified by the trustee, have been audited by us in accordance with auditing standards generally accepted in the United States of America and, in our opinion, are presented in compliance with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. Oak Brook, Illinois October 10, 2017 Crowe Horwath LLP 2.
MSI PENSION PLAN STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS December 31, 2016 and 2015 (In Thousands) 2016 2015 ASSETS: Investments, at fair value Government and agency securities $ 186,821 $ 195,228 Corporate debt 825,903 861,974 Mortgage-backed securities 1,807 1,681 Mutual Fund 1,235,876 1,145,313 Preferred stock - 2,473 Common stock 94,961 88,448 Collective trusts 424,170 437,647 Partnerships 97,530 90,116 Hedge Funds 160,815 156,900 Derivatives 1,801 925 Interest-bearing cash 175,142 130,233 3,204,826 3,110,938 Noninterest-bearing cash 42 - Net assets held in 401(h) account 136,537 143,151 Receivables: Employer contribution receivable - 10,000 Due from broker 22,284 7,852 Other receivable 12,549 1,409 34,833 19,261 Total assets 3,376,238 3,273,350 LIABILITIES: Amounts related to obligation of 401(h) account 136,537 143,151 Derivative liabilities 9,979 2,833 Payables 27,399 - Total liabilities 173,915 145,984 NET ASSETS AVAILABLE FOR BENEFITS $ 3,202,323 $ 3,127,366 See accompanying notes to financial statements. 3.
MSI PENSION PLAN STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS Years ended December 31, 2016 and 2015 (In Thousands) 2016 2015 Additions to net assets attributed to: Investment income: Interest and dividends $ 25 $ 82 Net appreciation(depreciation) of investments 193,455 (65,899) Total investment income(loss) 193,480 (65,817) Employer contributions - 10,000 Total additions 193,480 (55,817) Deductions from net assets attributed to: Benefits paid directly to participants 95,231 103,403 Administrative and other expenses 23,292 28,400 Total deductions 118,523 131,803 Net increase (decrease) 74,957 (187,620) Net assets available for benefits: Beginning of period 3,127,366 3,314,986 End of period $ 3,202,323 $ 3,127,366 See accompanying notes to financial statements. 4.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (1) Description of the Plan The following description of the MSI Pension Plan (the Plan ) is provided for general information purposes only. Participants should refer to the plan document for more complete information. (a) General The effective date of the Plan is September 15, 2014 and was created via a spin-off transfer from the Motorola Solutions Pension Plan ( Prior Plan ) under IRC Section 414(l). The transfer of net assets to the Plan, exclusive of 401(h) account assets, was approximately $3.86 billion. During 2015 approximately $81.6 million of net assets from the Prior Plan 401(h) account were transferred to the 401(h) account of this Plan. The Plan is a defined benefit pension plan covering active employees who were employed prior to January 1, 2005, terminated vested employees and certain in-payment annuitants of Motorola Solutions, Inc. (the Company ). The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA), as amended. In September 2014, the Company entered into a Definitive Purchase Agreement ( the Agreement ) by and among Motorola Solutions, The Prudential Insurance Company of America ( PICA ), Prudential Financial, Inc. and State Street Bank and Trust Company, as Independent Fiduciary of the Prior Plan. Under the Agreement, the Prior Plan planned to purchase from PICA a group annuity contract that requires PICA to pay and administer certain future annuity payments to approximately 30,000 of the Company s retirees. In anticipation of the Agreement, the Company established the MSI Pension Plan (the New Plan ) with substantially the same terms as the Prior Plan to accommodate the remaining participants. On December 3, 2014, the Prior Plan closed its planned purchase of a group annuity from PICA. The purchase of the group annuity contract occurred on December 3, 2014 and PICA began paying benefits on January 1, 2015. The final post-closing contract adjustment occurred on May 29, 2015. The Prior Plan was then terminated. Also in September 2014, the Company announced that the New Plan was offering a maximum of $1.0 billion of lump-sum distributions to certain participants who had accrued a pension benefit, had left the Company prior to June 30, 2014, and had not yet started receiving pension benefit payments ( the Eligible Participants ). The aggregate amount of lump-sum elections accepted by Eligible Participants exceeded the maximum of $1.0 billion, and $1.0 billion in lump sum benefits was paid to the Eligible Participants in December 2014. (b) Pension Benefits Participants in the Plan become eligible for pension benefits at normal retirement age (65). The Plan permits early retirement at ages 55 through 59, with at least 3 years of service, and ages 60 or older, with at least one year of service. Pension benefits are based on compensation, length of service and Social Security benefits. Early retirement pension benefits are reduced if payments start before age 65. The optional forms of pension benefits are life annuity, joint and survivor annuity, or life-ten years certain annuity. Benefits are paid to a married participant in the form of a qualified joint and survivor annuity and to an unmarried participant in the form of a life annuity unless the participant properly waives the qualified joint and survivor annuity or life annuity, as applicable, and elects another form of payment. With a (Continued) 5.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (1) Description of the Plan (Continued) spouse s consent, a married participant can elect a joint and survivor annuity and designate a joint annuitant who is not the participant s spouse. A spouse s consent is also required for a married participant to elect the life-ten years certain annuity, in which benefits are paid as long as the participant lives after retirement, but with a guarantee that at least 120 monthly payments will be made. If the participant dies before the 120 monthly payments are made, the participant s named beneficiary will receive the remaining payments. Compensation and future benefit accruals under the Plan are frozen for all participants. (c) Death and Disability Benefits In the case of a vested participant (or former participant who is not receiving benefits) who dies before the date benefit payments would commence and who has a surviving spouse, the surviving spouse is paid a qualified pre-retirement survivor annuity which is the same benefit that would be payable to the spouse if the participant died while receiving a qualified joint and 50% survivor annuity. If a participant s employment terminated because of a disability prior to age 65, he or she is eligible to receive monthly disability benefits beginning at age 65, or if later, when payments from the Motorola Solutions Disability Income Plan terminate. The amount of the benefit is calculated in the same manner as a normal retirement benefit (life annuity) except that benefit service is calculated to the later of age 65 or the date long-term disability benefits terminate and final average earnings are determined as of the date of the disability retirement date. (d) Expenses Investment expenses and most other administrative expenses are paid by the Plan. These expenses include money manager fees, trustee fees, and payments to the Pension Benefit Guaranty Corporation ( PBGC ). (2) Summary of Significant Accounting Policies (a) Basis of Accounting The accompanying financial statements have been prepared on the accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America. (b) Investment Valuation and Income Recognition and Valuation of Derivative Instruments The Plan may use derivative financial instruments to add duration to the fixed income portfolio to better match the maturities of investments in the Plan with the stated investment policies for the fixed income portfolio. As of December 31, 2016 and 2015, the Plan held derivative instruments. Refer to Note 7 for more information. (Continued) 6.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (2) Summary of Significant Accounting Policies (Continued) The Plan s investments and derivative instruments 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. Net appreciation(depreciation) includes the Plan s gains and losses on investments bought and sold as well as held during the year. (c) Contribution Funding Policy Contributions to the Plan are made by the Company to fund pension cost as estimated by actuaries using the standard unit credit cost method, which meets the minimum funding requirement of ERISA, and additional discretionary amounts may be made to the extent these contributions are deductible for income taxes. The Plan met the minimum funding requirement and did not exceed the maximum funding limit under Internal Revenue Service regulations in 2016 and 2015. (d) 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, liabilities and changes therein, disclosure of contingent assets and liabilities, and the actuarial present value of accumulated plan benefits at the date of the financial statements. Actual results could differ from those estimates. The actuarial present value of accumulated plan benefits is particularly subject to change in the near term. (e) Risk and Uncertainties Investments and derivative instruments are exposed to various risks such as interest rate, market, liquidity, and credit risks. Due to the level of risk associated with certain investments and derivative instruments and the sensitivity of certain fair value estimates to changes in valuation assumptions, it is at least reasonably possible that changes in the values of investments and derivative instruments will occur in the near term and that such changes could materially affect the amounts reported in the statements of net assets available for benefits. Plan contributions made and the actuarial present value of accumulated plan benefits are reported based on certain assumptions pertaining to interest rates and employee demographics, all of which are subject to change. Due to uncertainties inherent in the estimations and assumptions process, it is at least reasonably possible that changes in these estimates and assumptions in the near term would be material to the financial statements. (f) Benefit Distributions Benefit payments to participants are recorded upon distribution. (Continued) 7.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (3) Actuarial Present Value of Accumulated Plan Benefits Accumulated plan benefits are those future periodic payments, including lump-sum distributions that are attributable to the service which employees have rendered under the Plan provisions. Accumulated plan benefits include benefits expected to be paid to (a) retired or terminated employees or their beneficiaries, (b) beneficiaries of employees who have died, and (c) present employees or their beneficiaries. The accumulated plan benefits for active employees are based on their average compensation during the five highest full years in the last ten years, ending on the date as of which the benefit information is presented (the valuation date). Benefits payable under all circumstances (retirement, death, disability and termination of employment) are included, to the extent they are deemed attributable to employee service rendered to the valuation date. The actuarial assumptions are based on the presumption that the Plan will continue. Were the Plan to terminate, different actuarial assumptions and other factors might be applicable in determining the actuarial present value of accumulated plan benefits. The actuarial present values of accumulated plan benefits, as of December 31, 2015 as determined by the plan actuary are as follows (in thousands): December 31, 2015 Vested benefits Participants currently receiving payments $ 571,579 Other participants 3,675,707 4,247,286 Non vested benefits - Total actuarial present value of accumulated plan benefits* $ 4,247,286 * The above information excludes benefit obligations with respect to the benefits to be provided by Motorola Solutions Post-Employment Health Benefits Plan under the Plan s 401(h) provisions. Changes in the present value of accumulated plan benefits for the year ending December 31, 2015 are as follows (in thousands): Actuarial present value of accumulated plan benefits, December 31, 2014 $ 4,472,658 Increase (decrease) due to: Interest accumulation 190,124 Benefits paid (103,403) Assumption changes (318,700) Other changes** 6,607 Actuarial present value of accumulated plan benefits, December 31, 2015 $ 4,247,286 (Continued) 8.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (3) Actuarial Present Value of Accumulated Plan Benefits (Continued) ** The other changes component represents normal operation of the Plan. It consists primarily of the increase due to ongoing benefits accruals (if any) and those items of plan experience that are not associated with plan asset performance. The significant actuarial assumptions underlying the actuarial computation as of December 31, 2015 and 2014 include: Factor Assumption Mortality rates 2015: RP-2014 mortality table for employees and healthy annuitants (with a fully generational projection using scale MP-2016), with collar adjustment to reflect a 100% white collar population. 2014: RP-2014 mortality table for employees and healthy annuitants (with a fully generational projection using scale MP-2015), with collar adjustment to reflect a 100% white collar population. Retirement age active participants Graded scale ages 55 to 70 Retirement age terminated vested participants Age 62 for traditional participants and age 64 for portable participants. Optional payment form election percentage: Traditional participants - 65% elect a joint and 75% survivor annuity and 35% elect a single life annuity. Portable active participants - 60% elect an immediate lump sum and 40% elect a lump sum deferred to age 64. If terminated before prior year: 100% elect a lump sum deferred to age 64. If terminated in prior year: 25% elect an immediate lump sum and 75% elect a lump sum deferred to age 64. Settlement interest rate assumption 2015: 4.72% 2014: 4.30% An actuarial valuation of the Plan s accumulated plan benefits as of December 31, 2016 has not yet been completed. (4) Investments Unaudited Information The Northern Trust Company, the trustee of the Plan, holds investments of the Plan and the 401(h) account and executes transactions therein, and substantially all information pertaining to the Plan s investments, 401(h) account investments, and investment income(loss) included in the financial statements has been certified by them. The certified information has not been audited by independent accountants. (Continued) 9.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (5) Fair Value Measurements Fair value is defined 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. Fair value measurements are determined by maximizing the use of observable inputs and minimizing 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 instruments in active markets. Level 2: Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets. Level 3: Valuations derived from valuation techniques, in which one or more significant inputs are unobservable. In some 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. Plan investments and derivative instrument liabilities measured at fair value on a recurring basis as of December 31, 2016 are summarized below (in thousands): Fair Value Measurements at December 31, 2016 Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs (Level 1) (Level 2) (Level 3) Total Plan investments: Government and agency securities $ - $ 186,821 $ - $ 186,821 Corporate debt - 825,903-825,903 Mortgage backed securities - 1,807-1,807 Mutual Funds 102,999 - - 102,999 Preferred stock - - - - Common Stock 94,961 - - 94,961 Interest-bearing cash 175,142 - - 175,142 Derivatives 1,801 - - 1,801 Mutual Funds * - - - 1,132,877 Collective trust funds * - - - 424,170 Partnerships * - - - 97,530 Hedge fund * - - - 160,815 Total 374,903 1,014,531-3,204,826 Liabilities: Derivatives 9,979 - - 9,979 9,979 - - 9,979 Total assets at fair value $ 364,924 $ 1,014,531 $ - $ 3,194,847 (Continued) 10.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (5) Fair Value Measurements (Continued) Investments and derivative instrument liabilities held in the 401(h) account measured at fair value on a recurring basis as of December 31, 2016 are summarized below (in thousands): Fair Value Measurements at December 31, 2016 Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs (Level 1) (Level 2) (Level 3) Total Plan investments: Government and agency securities $ - $ 7,946 $ - $ 7,946 Corporate debt - 35,127-35,127 Mortgage backed securities - 77-77 Mutual funds 4,381 - - 4,381 Preferred stock - - - - Common Stock 4,039 - - 4,039 Interest-bearing cash 7,449 - - 7,449 Derivatives 76 - - 76 Mutual funds * - - - 48,182 Collective trust funds * - - - 18,379 Partnerhships * - - - 4,148 Hedge fund * - - - 6,839 Total 15,945 43,150-136,643 Liabilities: Derivatives 424 - - 424 424 - - 424 Total assets at fair value $ 15,521 $ 43,150 $ - $ 136,219 The net assets in the 401(h) account total $136,537,000 as of December 31, 2016, including the investment income receivables of $318,000. (Continued) 11.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (5) Fair Value Measurements (Continued) Plan investments measured at fair value on a recurring basis as of December 31, 2015 are summarized below (in thousands): Fair Value Measurements at December 31, 2015 Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs (Level 1) (Level 2) (Level 3) Total Plan investments: Government and agency securities $ - $ 195,228 $ - $ 195,228 Corporate debt - 861,974-861,974 Mortgage backed securities - 1,681-1,681 Mutual Funds 96,696 - - 96,696 Preferred stock 2,473 - - 2,473 Common Stock 88,448 - - 88,448 Interest-bearing cash 130,233 - - 130,233 Derivatives 925 - - 925 Mutual Funds * - - - 1,048,617 Collective trust funds * - - - 437,647 Partnerships * - - - 90,116 Hedge fund * - - - 156,900 Total 318,775 1,058,883-3,110,938 Liabilities: Derivatives 2,833 - - 2,833 2,833 - - 2,833 Total assets at fair value $ 315,942 $ 1,058,883 $ - $ 3,108,105 (Continued) 12.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (5) Fair Value Measurements (Continued) Investments and derivative instrument liabilities held in the 401(h) account measured at fair value on a recurring basis as of December 31, 2015 are summarized below (in thousands): Active Markets Other Significant for Identical Observable Unobservable Assets Inputs Inputs (Level 1) (Level 2) (Level 3) Total Plan investments: Government and agency securities $ - $ 8,944 $ - $ 8,944 Corporate debt - 39,491-39,491 Mortgage backed securities - 77-77 Mutual funds 4,430 - - 4,430 Preferred stock 113 - - 113 Common Stock 4,052 - - 4,052 Interest-bearing cash 5,967 - - 5,967 Derivatives 42 - - 42 Mutual funds * - - - 48,042 Collective trust funds * - - - 20,382 Partnerhships * - - - 4,129 Hedge fund * - - - 7,188 Total 14,604 48,512-142,857 Liabilities: Derivatives 130 - - 130 130 - - 130 Total assets at fair value $ 14,474 $ 48,512 $ - $ 142,727 *Investments measured at fair value using net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the hierarchy tables for such investments are intended to permit reconciliation of the fair value hierarchy to the investments at fair value line item presented in the statement of net assets available for benefits. (Continued) 13.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (5) Fair Value Measurements (Continued) The net assets in the 401(h) account total $143,151,000 as of December 31, 2015, including the investment income receivables of $424,000. The following are descriptions of the valuation methods and assumptions used for investments of the Plan. The fair values of publicly traded common and preferred stocks as well as mutual funds are determined by obtaining quoted prices on nationally recognized securities exchanges (Level 1 inputs). The fair values of certain mutual funds that are not publicly traded on an exchange are valued at net asset value. There are no redemption restrictions on these investments. The investment objectives for the Goldman Sachs mutual funds consist of seeking to provide long-term capital growth, growth through investments related to real assets and a total return consisting of income and capital appreciation. The fair values of interest-bearing funds are estimated to approximate deposit account balances, payable on demand, as no discounts for credit quality or liquidity were determined to be applicable (Level 1 inputs). The fair values of government securities, agency securities and mortgaged-backed securities are determined based on recent bid prices (Level 2 inputs). The fair values of corporate debt instruments are valued based on yields currently available on comparable securities of issuers with similar credit ratings (Level 2 inputs). The fair values of participating units held in collective trust funds are based on their net asset values, as reported by the managers of the collective trust and as supported by the value of underlying securities and by the unit prices of actual purchase and sale transactions occurring as of or close to the financial statement date. Certain of the collective trust funds have redemption restrictions whereby redemptions may only occur on the last business day of the month and on one other day of the month, daily, or with a prior written notice. The fair values of derivatives are valued using last trade date price (Level 1 inputs). The fair values of the Plan s liability, amounts related to the obligation of the 401(h) account, have been determined to approximate their carrying values, which reflect the fair value of the investments in the 401(h) account, which have been individually described above. The fair values of limited partnerships are estimated utilizing the net asset valuations provided by the funds and their administrators. The Two Sigma International Core Fund, LP holds various types of underlying assets such as equity securities, foreign currency forward contracts, future contracts, and equity swap contracts. The investment objective of the partnership is to achieve returns that are substantially correlated to, and in excess of, the MSCI EAFE Net Total Return Index (the Benchmark ), primarily by combining multiple model-driven investment strategies with proprietary risk management and execution techniques. The partnership provides for monthly redemptions with a 15 day advance notice requirement. The investment objective of the Bain Capital Senior Loan Fund (formerly known as the Sankaty Senior Loan Limited Partnership) is to provide superior risk adjusted returns to the limited partnership interest by opportunistically investing on a fully-funded basis without leverage in bank loans and bonds. Redemptions can be made only on the last business day of any calendar month or on the first business day of any fiscal year with at least a (Continued) 14.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (5) Fair Value Measurements (Continued) 30-day written notice to the General Partner. The investment objective of the Oaktree Emerging Markets Equity Limited Partnership is to seek attractive risk-adjusted returns relative to the Morgan Stanley Capital International Emerging Markets Index net by investing primarily in equities listed in emerging markets in Asia, Latin America, Eastern Europe, the Middle East, and Africa. Redemptions can be made as of the last business day of any calendar month with at least a 10 day written notice. The Plan does not have any future capital commitments. The fair values of the hedge funds that are not traded in an active market have been estimated using the net asset value per share of the investments, as reported by the fund managers in audited fund investment statement. The Pension Plan Committee analyzes the investment valuation methods used by the fund managers, as reported in the audited financial statements. The objective of this fund is to target attractive long-term risk-adjusted absolute return with lower volatility than the broad equity markets by investing in the equity long/short, event driven, relative value and tactical trading sectors through a portfolio of investment vehicles managed by trading advisors. Generally, these hedge fund investments are redeemable on a monthly basis, with a forty-five day redemption notification requirement. The Plan had no outstanding funding commitments to the hedge fund as of December 31, 2016. The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. (6) 401(h) Account A separate account has been established and maintained in the Plan for the net assets related to the medical-benefit component 401(h) account. In accordance with IRC Section 401(h), the Plan s investments in the 401(h) account may not be used for, or diverted to, any purpose other than providing health benefits for retirees and their beneficiaries. Assets held by the 401(h) account are detailed in Note 5. Any assets transferred to the 401(h) account from the Plan in a qualified transfer of excess pension plan assets (and any income allocable thereto) that are not used during the plan year must be transferred out of the account to the pension plan. The related obligations for health benefits are not included in the Plan s obligations in the statement of accumulated plan benefits but are obligations of the Motorola Solutions Post-Employment Health Benefits Plan (Retiree Health Plan). Plan participants do not contribute to the 401(h) account. Employer contributions or qualified transfers to the 401(h) accounts are determined annually and are at the discretion of the Company. Certain of the Plan s net assets are restricted to fund a portion of post-retirement health benefits for retirees and their beneficiaries in accordance with IRC Section 401(h). Eligibility for the benefits under this amendment for participants, spouses, and other dependents is determined under the provisions of the Retiree Health Plan. These participants and their dependents will not have a vested benefit under the Retiree Health Plan. The benefits will be paid only if funds exist to make these payments. (Continued) 15.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (6) 401(h) Account (Continued) The Company intends to make reasonable actuarially determined contributions to a separate medical benefits account to provide funding for the medical benefits. These benefits will be subordinate to the retirement benefits provided by the Plan. Separate records of both benefit payments and contributions under the Retiree Health Plan are maintained by the trustee of the Plan. Transfers are made out of the Plan to the Retiree Health Plan for benefit payments. Total transfers out of the Plan to the Retiree Health Plan for health benefit payments for 2016 and 2015 were $33,000 and $61,000, respectively. (7) Derivative Instruments The Plan may use derivative financial instruments to add duration to the fixed income portfolio to better match the maturities of investments in the Plan with the stated investment policies for the fixed income portfolio. The Plan s derivatives primarily consist of futures and swaps. Risks of entering into future contracts and swaps include the possibility that there may be an illiquid market or that a change in the value of the contract may not correlate with changes in the value of the underlying securities. The statement of net assets available for benefits reflects the fair value of the derivative instrument assets and liabilities. Using derivative financial instruments means the Plan is assuming counterparty credit risk. Counterparty credit risk relates to the loss the Plan could incur if a counterparty defaulted on a derivative contract with an uncollateralized unrealized gain. Counterparty risk is mitigated by daily margin calls and collateral movements. The realized and unrealized gain or loss on futures was not material to the Plan as of December 31, 2016 and December 31, 2015. The investments had a notional value of $226,365,919 and $805,905,214 at December 31, 2016 and December 31, 2015 respectively. (8) Plan Termination Although it has not expressed any intention to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions set forth in ERISA. In the event the Plan terminates, the retirement benefits accrued to each participant will become fully vested and the net assets of the Plan will be allocated, as prescribed by ERISA and its related regulations, generally to provide the following benefits in the order indicated: 1. Benefits attributable to employee contributions, taking into account those paid out before termination. 2. Benefits payable to former employees or their beneficiaries that commenced at least three years prior to termination, or which would have commenced at such time if the participant had retired. 3. Other vested benefits insured by the PBGC up to the applicable limits (discussed below). 4. All other vested benefits (that is vested benefits not insured by the PBGC). 5. All other benefits under the Plan excluding the accumulated plan benefits to be provided under the Plan s 401(h) provisions. (Continued) 16.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (8) Plan Termination (Continued) Certain benefits under the Plan are insured by the PBGC if the Plan terminates. Generally, the PBGC guarantees most vested normal retirement age benefits, early retirement benefits and certain disability and survivor s pensions. However, the PBGC does not guarantee all types of benefits under the Plan, and the amount of benefit protection is subject to certain limitations. Should the Plan terminate at some future time, all participants will receive benefits, depending on the sufficiency, at that time, of the Plan s net assets. It will also depend on the level of benefits guaranteed by the PBGC and any additional contributions that may be required by the Company. (9) Tax Status The Plan received a favorable determination letter dated December 15, 2016 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 IRC, as amended. The trust is exempt from federal income taxes pursuant to Section 501(a) of the IRC. The plan administrator believes the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC. Accounting principles generally accepted in the United States of America requires plan management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2016 and 2015, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The plan administrator believes that the Plan is no longer subject to income tax examinations for years prior to 2014. (10) Reconciliation of Financial Statements to Form 5500 The following is a reconciliation of net assets available for pension benefits per the financial statements to the Form 5500 (in thousands): December 31 2016 2015 Net assets available for benefits per the financial statements $ 3,202,323 $ 3,127,366 Net assets held in 401(h) account included as assets in Form 5500 136,537 143,151 Net assets per the Form 5500 $ 3,338,860 $ 3,270,517 The net assets of the 401(h) account included in Form 5500 are not available to pay pension benefits but can be used only to pay health benefits. (Continued) 17.
MSI PENSION PLAN NOTES TO THE FINANCIAL STATEMENTS December 31, 2016 and 2015 (10) Reconciliation of Financial Statements to Form 5500 (Continued) The following is a reconciliation of the changes in net assets available for benefits per the financial statements to the Form 5500 (in thousands) for the year ended December 31, 2016: Amounts per Financial Statements 401(h) Account Amounts per Form 5500 Net investment income $ 193,480 $ 8,537 $ 202,017 Sponsor contributions - - - Transfer to/(from) plan - - - (11) Party-in-Interest Transactions Parties-in-interest are defined under Department of Labor regulations as any fiduciary of the Plan, any party rendering service to the Plan, the employer, and certain others. Certain Plan assets are investments issued or managed by The Northern Trust Company, the custodian and trustee of the Plan and Goldman Sachs, the Plan s investment manager; 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, the auditor, and various investment managers which qualify as party-in-interest transactions. Certain professional fees for the administration of the Plan were paid by the Company. Various administrative functions are performed by officers or employees of the Company. No such officer or employee received direct compensation from the Plan. The Company was reimbursed $5,367 and $0 during the year ended December 31, 2016 and 2015, respectively, for administrative functions performed by employees of the Company. (12) Subsequent Event Plan management has evaluated subsequent events for recognition and disclosure through October 10, 2017, which is the date the financial statements were available to be issued. 18.
SUPPLEMENTAL SCHEDULE
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value Common Stock 5TH 3RD 5TH 3RD BANCORP COM $ 239 $ 341 ADIDAS AG ADIDAS AG 740 780 ADOBE SYS ADOBE SYS INC COM 534 934 ADR ALIBABA ADR ALIBABA GROUP HOLDING LTD SPONSORED ADS 1,263 1,236 ADR CRH ADR CRH PLC ADR 291 341 ADR INDUSTRIA ADR INDUSTRIA DE DISENO TEXTIL INDITEX SA ADR ADR 627 925 ADR TENCENT ADR TENCENT HLDGS LTD ADR 767 1,120 ADTRAN INC ADTRAN INC COM 189 276 AES CORP AES CORP COM 315 375 AIR METHODS AIR METHODS CORP COM NEW COM NEW 357 324 ALBEMARLE CORP ALBEMARLE CORP COM 279 288 ALEXION PHARMACEUTICALS ALEXION PHARMACEUTICALS INC COM 527 517 ALLERGAN PLC. ALLERGAN PLC. COM STK 787 681 ALLSTATE CORP ALLSTATE CORP COM 358 445 ALLY FINL ALLY FINL INC COM 433 418 ALPHABET INC ALPHABET INC CAP STK CL A CAP STK CL A 642 1,212 ALPHABET INC ALPHABET INC CAP STK CL A CAP STK CL A 670 723 ALPHABET INC ALPHABET INC CAP STK CL C CAP STK CL C 639 1,199 AMAZON COM AMAZON COM INC COM 670 2,361 AMBARELLA INC AMBARELLA INC SHS 251 307 ANTHEM INC ANTHEM INC COM 204 239 APPLE INC APPLE INC COM STK 780 847 APPLE INC APPLE INC COM STK 1,017 1,965 AZZ INC AZZ INC COM 269 330 BANK OF BANK OF AMERICA CORP 1,148 1,824 BARRICK GOLD BARRICK GOLD CORP 174 277 BERKSHIRE HATHAWAY BERKSHIRE HATHAWAY INC-CL B 1,367 1,706 BEST BUY BEST BUY INC COM STK 92 120 BIOMARIN PHARMACEUTICAL BIOMARIN PHARMACEUTICAL INC COM ISIN CH0008107010 291 270 BOEING CO BOEING CO COM 701 1,106 BORG WARNER BORG WARNER INC COM 413 441 BRISTOL MYERS BRISTOL MYERS SQUIBB CO COM 611 709 BROCADE COMMUNICATIONS BROCADE COMMUNICATIONS SYS INC COM NEW STK 129 161 BROWN & BROWN & BROWN INC COM 213 304 CAPITAL ONE CAPITAL ONE FINL CORP COM 487 578 CARDTRONICS PLC CARDTRONICS PLC CARDTRONICS PLC 235 375 CBOE HOLDINGS CBOE HOLDINGS INC COM 373 406 CBS CORP CBS CORP NEW CL B 206 261 CDN NAT CDN NAT RES LTD COM CDN NAT RES COM STK 272 451 CEB INC CEB INC COM 394 356 CELGENE CORP CELGENE CORP COM 869 1,125 CHARLES RIV CHARLES RIV LABORATORIES INTL INC COM 349 385 CHARTER COMMUNICATIONS CHARTER COMMUNICATIONS INC NEW CL A CL A 407 441 CHEMED CORP CHEMED CORP NEW COM 396 460 CHEVRON CORP CHEVRON CORP COM 1,084 1,213 CHUBB LTD CHUBB LTD ORD CHF24.15 534 690 CIGNA CORPORATION CIGNA CORPORATION 464 455 CITIGROUP INC CITIGROUP INC COM NEW COM NEW 984 1,171 COCA-COLA EUROPEAN COCA-COLA EUROPEAN PARTNERS PLC ORD GBP0.01 299 261 COGNIZANT TECH COGNIZANT TECH SOLUTIONS CORP CL A 227 227 COMCAST CORP COMCAST CORP NEW-CL A 272 333 COMPUTER SCI COMPUTER SCI CORP COM 380 608 CONCHO RES CONCHO RES INC COM STK 450 590 CONOCOPHILLIPS COM CONOCOPHILLIPS COM 494 563 CONSTELLATION BRANDS CONSTELLATION BRANDS INC CL A CL A 308 310 COSTCO WHOLESALE COSTCO WHOLESALE CORP NEW COM 329 644 CVS HEALTH CVS HEALTH CORP COM 304 253 D R D R HORTON INC COM 125 114 DAVITA INC DAVITA INC COM 267 271 DELTA AIR DELTA AIR LINES INC DEL COM NEW COM NEW 482 541 DIAMONDBACK ENERGY DIAMONDBACK ENERGY INC COM 457 569 DISCOVER FINL DISCOVER FINL SVCS COM STK 791 1,074 DOW CHEMICAL DOW CHEMICAL CO COM 672 760 DXP ENTERPRISES DXP ENTERPRISES INC COM NEW STK 150 194 EBAY INC EBAY INC COM USD0.001 527 573 ELLIE MAE ELLIE MAE INC COM STK 253 308 ENERGEN CORP ENERGEN CORP COM 217 223 ENVESTNET INC ENVESTNET INC COM STK 225 264 EOG RESOURCES EOG RESOURCES INC COM 306 410 EOG RESOURCES EOG RESOURCES INC COM 244 333 EQT CORP EQT CORP COM 359 336 EURONET WORLDWIDE EURONET WORLDWIDE INC COM 361 358 EXPEDIA INC EXPEDIA INC DEL COM NEW 222 210 EXPRESS SCRIPTS EXPRESS SCRIPTS HLDG CO COM 402 350 FACEBOOK INC FACEBOOK INC CL A CL A 656 1,707 FINANCIAL ENGINES FINANCIAL ENGINES INC COM 279 390 FLEETCOR TECHNOLOGIES FLEETCOR TECHNOLOGIES INC COM 462 518 FLEX LTD FLEX LTD FLEX LTD 333 430 FOX FACTORY FOX FACTORY HLDG CORP COM 189 323 GENERAL DYNAMICS GENERAL DYNAMICS CORP COM 487 602 GENTHERM INC GENTHERM INC COM NPV 475 403 GILEAD SCIENCES GILEAD SCIENCES INC 976 763 GLOBUS MED GLOBUS MED INC CL A NEW COM STK 304 328 (Continued) 19.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value GRAND CANYON GRAND CANYON ED INC COM STK 497 742 GUESS INC GUESS INC COM 167 96 GULFPORT ENERGY GULFPORT ENERGY CORP COM NEW COM NEW 229 174 HAEMONETICS CORP HAEMONETICS CORP MASS COM 217 282 HALLIBURTON CO HALLIBURTON CO COM 383 436 HARRIS CORP HARRIS CORP COM 343 483 HEWLETT PACKARD HEWLETT PACKARD ENTERPRISE CO COM 410 606 HMS HLDGS HMS HLDGS CORP COM 217 312 HOME DEPOT HOME DEPOT INC COM 518 529 HONEYWELL INTL HONEYWELL INTL INC COM STK 199 221 ICONIX BRAND ICONIX BRAND GROUP INC COM 135 109 ILG INC ILG INC COM 339 354 ILLUMINA INC ILLUMINA INC COM 91 207 INTERPUBLIC GROUP INTERPUBLIC GROUP COMPANIES INC COM 323 328 IRIDIUM COMMUNICATIONS IRIDIUM COMMUNICATIONS INC COM STK 213 299 JOHNSON & JOHNSON & JOHNSON COM USD1 1,517 1,811 JPMORGAN CHASE JPMORGAN CHASE & CO COM 1,541 2,184 JPMORGAN CHASE JPMORGAN CHASE & CO COM 1,062 1,120 KLA-TENCOR CORP KLA-TENCOR CORP 206 228 KONNINKLIJKE PHILIPS KONNINKLIJKE PHILIPS N.V 290 307 LAB CORP LAB CORP AMER HLDGS COM NEW 246 250 LEIDOS HLDGS LEIDOS HLDGS INC COM 152 170 LIBERTY GLOBAL LIBERTY GLOBAL PLC -SERIES C COM 177 146 LILAC GROUP LILAC GROUP - CL C W /I COMMON STOCK 257 141 LYONDELLBASELL IND LYONDELLBASELL IND N V COM USD0.01 CL 'A' 135 141 MARATHON OIL MARATHON OIL CORP COM 393 421 MARATHON PETE MARATHON PETE CORP COM 488 572 MARKETAXESS HLDGS MARKETAXESS HLDGS INC COM STK 270 414 MARRIOTT INTL MARRIOTT INTL INC NEW COM STK CL A 623 836 MASTERCARD INC MASTERCARD INC CL A 356 1,267 MAXIMUS INC MAXIMUS INC COM 411 414 MERCK & MERCK & CO INC NEW COM 916 1,055 METHANEX CORP METHANEX CORP COM STK 135 178 METLIFE INC METLIFE INC COM STK USD0.01 444 519 MICROSOFT CORP MICROSOFT CORP COM 436 579 MICROSOFT CORP MICROSOFT CORP COM 1,235 1,397 MILLER HERMAN MILLER HERMAN INC COM 226 264 MONSTER BEVERAGE MONSTER BEVERAGE CORP NEW COM 537 500 NAVIENT CORP NAVIENT CORP COM 230 308 NETFLIX INC NETFLIX INC COM STK 327 875 NEUSTAR INC NEUSTAR INC CL A 364 469 NEWFIELD EXPLORATION NEWFIELD EXPLORATION 208 195 NIKE INC NIKE INC CL B 200 516 NUCOR CORP NUCOR CORP COM 271 304 NVIDIA CORP NVIDIA CORP COM 487 1,089 NXP SEMICONDUCTORS NXP SEMICONDUCTORS N V COM STK 546 547 O REILLY O REILLY AUTOMOTIVE INC NEW COM USD0.01 584 778 OCCIDENTAL PETROLEUM OCCIDENTAL PETROLEUM CORP - 3 ORACLE CORP ORACLE CORP COM 578 583 PALO ALTO PALO ALTO NETWORKS INC COM USD0.0001 452 351 PARKER-HANNIFIN CORP PARKER-HANNIFIN CORP COM 416 421 PFIZER INC PFIZER INC COM 839 830 PHILLIPS 66 PHILLIPS 66 COM 594 675 PPG IND PPG IND INC COM 175 177 PRIMORIS SVCS PRIMORIS SVCS CORP COM 242 287 PULTE GROUP PULTE GROUP INC 253 264 QUALCOMM INC QUALCOMM INC COM 692 757 RAYTHEON CO RAYTHEON CO USD0.01 472 565 RE/MAX HLDGS RE/MAX HLDGS INC CL A CL A 252 393 RED HAT RED HAT INC COM 396 554 REGENERON PHARMACEUTICALS REGENERON PHARMACEUTICALS INC COM 653 489 RLI CORP RLI CORP COM 231 262 S&P GLOBAL S&P GLOBAL INC COM 347 420 SALESFORCE COM SALESFORCE COM INC COM STK 430 750 SANOFI SPONSORED SANOFI SPONSORED ADR 403 403 SCHLUMBERGER LTD SCHLUMBERGER LTD COM COM 353 319 SEALED AIR SEALED AIR CORP NEW COM STK 243 219 SEAWORLD ENTMT SEAWORLD ENTMT INC COM 276 314 SHIRE PLC SHIRE PLC ADR 924 735 SHUTTERSTOCK INC SHUTTERSTOCK INC COM 245 315 SILICON LABORATORIES SILICON LABORATORIES INC COM 219 317 SOTHEBYS HLDGS SOTHEBYS HLDGS INC CL A (DE) 239 325 SPLUNK INC SPLUNK INC COMSTK COM USD0.001 278 343 STARBUCKS CORP STARBUCKS CORP COM 443 726 STEEL DYNAMICS STEEL DYNAMICS INC COM 197 284 SYNCHRONY FINL SYNCHRONY FINL COM 325 357 TCF FNCL TCF FNCL CORP COM 245 325 TE CONNECTIVITY TE CONNECTIVITY LTD 606 691 TEMPUR SEALY TEMPUR SEALY INTL INC COM 337 344 TESLA MTRS TESLA MTRS INC COM 301 381 TESORO TESORO CORP 229 228 TEXAS INSTRUMENTS TEXAS INSTRUMENTS INC COM 441 569 TEXTRON INC TEXTRON INC COM 179 219 THE PRICELINE THE PRICELINE GROUP INC 486 973 (Continued) 20.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value THERMON GROUP THERMON GROUP HLDGS INC 263 250 THOR INDS THOR INDS INC COM STK 183 340 TIME WARNER TIME WARNER INC USD0.01 480 533 TIME WARNER TIME WARNER INC USD0.01 626 826 TJX COS TJX COS INC COM NEW 277 427 U S U S SILICA HLDGS INC 89 308 ULTA BEAUTY ULTA BEAUTY INC COM STK 266 265 UNITED CONTL UNITED CONTL HLDGS INC COM STK 282 356 UNITED PARCEL UNITED PARCEL SVC INC CL B 278 300 UNITED TECHNOLOGIES UNITED TECHNOLOGIES CORP COM 546 592 UNITEDHEALTH GROUP UNITEDHEALTH GROUP INC COM 354 440 UNVL HEALTH UNVL HEALTH SERVICES INC CL B COM 302 261 VERTEX PHARMACEUTICALS VERTEX PHARMACEUTICALS INC COM 205 157 VISA INC VISA INC COM CL A STK 708 1,415 WABCO HLDGS WABCO HLDGS INC COM STK 141 137 WADDELL & WADDELL & REED FINL INC CL A COM 167 192 WALGREENS BOOTS WALGREENS BOOTS ALLIANCE INC COM 216 213 WESTROCK CO WESTROCK CO COM 351 398 WILEY JOHN WILEY JOHN & SONS INC CL A 205 223 WORKDAY INC WORKDAY INC CL A COM USD0.001 419 416 78,225 99,000 Corporate Bonds 1ST REP 1ST REP BK SAN 4.375% DUE 08-01-2046 1,077 1,024 21ST CENTY 21ST CENTY FOX 4.95% DUE 10-15-2045 472 493 21ST CENTY 21ST CENTY FOX 6.15% DUE 03-01-2037 5,462 5,472 21ST CENTY 21ST CENTY FOX 6.4% DUE 12-15-2035 455 449 21ST CENTY 21ST CENTY FOX AMER INC 5.4 NOTES DUE 10-01-2043 REG 4,499 4,307 ABBOTT LABS ABBOTT LABS 4.75% DUE 11-30-2036 1,143 1,175 ABBOTT LABS ABBOTT LABS 4.9% DUE 11-30-2046 2,928 3,012 ABBVIE INC ABBVIE INC 4.4% DUE 11-06-2042 2,995 2,975 ABBVIE INC ABBVIE INC 4.45% DUE 05-14-2046 2,781 2,697 ABBVIE INC ABBVIE INC FIXED 4.7% DUE 05-14-2045 1,163 1,155 ABBVIE INC ABBVIE INC FIXED 4.7% DUE 05-14-2045 746 740 ACTAVIS FDG ACTAVIS FDG SCS 4.55% DUE 03-15-2035 642 652 ACTAVIS FDG ACTAVIS FDG SCS 4.75% DUE 03-15-2045 1,726 1,728 ACTAVIS FDG ACTAVIS FDG SCS 4.85% DUE 06-15-2044 2,266 2,280 ACTAVIS FDG ACTAVIS FDG SCS 4.85% DUE 06-15-2044 1,269 1,267 ACTAVIS INC ACTAVIS INC 4.625% DUE 10-01-2042 2,099 2,205 AETNA INC AETNA INC NEW 4.25% DUE 06-15-2036 578 578 AETNA INC AETNA INC NEW 4.375% DUE 06-15-2046 858 879 AETNA INC AETNA INC NEW 4.375% DUE 06-15-2046 1,708 1,720 AETNA INC AETNA INC NEW 4.5% DUE 05-15-2042 1,002 1,020 AETNA INC AETNA INC NEW 6.75% DUE 12-15-2037 1,376 1,400 ALLEGHANY CORP ALLEGHANY CORP DEL 4.9% DUE 09-15-2044 2,161 2,157 ALTRIA GROUP ALTRIA GROUP INC 5.375 BDS DUE 01-31-2044 USD1000 3,144 3,444 AMAZON COM AMAZON COM INC 4.8% DUE 12-05-2034 765 850 AMAZON COM AMAZON COM INC 4.95% DUE 12-05-2044 2,560 2,832 AMERICAN INTERNATIONAL AMERICAN INTERNATIONAL GROUP INC BNDS 4.8% DUE 07-10-2045 REG 302 318 AMERICAN INTERNATIONAL AMERICAN INTERNATIONAL GROUP INC BNDS 4.8% DUE 07-10-2045 REG 744 795 AMERISOURCEBERGEN 4.25% AMERISOURCEBERGEN 4.25% DUE 03-01-2045 1,011 972 AMERN EXPRESS AMERN EXPRESS CO 4.05% DUE 12-03-2042 673 687 AMERN INTL AMERN INTL GROUP 3.875% DUE 01-15-2035 1,451 1,393 AMERN INTL AMERN INTL GROUP 3.875% DUE 01-15-2035 1,312 1,292 AMERN INTL AMERN INTL GROUP 4.5% DUE 07-16-2044 334 332 AMERN INTL AMERN INTL GROUP 4.5% DUE 07-16-2044 2,381 2,391 AMERN TOWER AMERN TOWER CORP 4.4% DUE 02-15-2026 1,147 1,142 AMGEN INC AMGEN INC 4.4% 05-01-2045 1,942 2,004 AMGEN INC AMGEN INC 5.15% DUE 11-15-2041 4,642 4,654 ANADARKO PETE ANADARKO PETE CORP 4.5% DUE 07-15-2044 1,615 1,488 ANADARKO PETE ANADARKO PETE CORP 6.45% DUE 09-15-2036 2,147 2,116 ANALOG DEVICES ANALOG DEVICES INC 3.9% DUE 12-15-2025 529 544 ANALOG DEVICES ANALOG DEVICES INC 5.3% DUE 12-15-2045 548 606 ANHEUSER-BUSCH 4.7% ANHEUSER-BUSCH 4.7% DUE 02-01-2036 3,511 3,776 ANHEUSER-BUSCH 4.7% ANHEUSER-BUSCH 4.7% DUE 02-01-2036 4,575 4,848 ANHEUSER-BUSCH 4.9% ANHEUSER-BUSCH 4.9% DUE 02-01-2046 6,552 7,020 ANHEUSER-BUSCH 4.9% ANHEUSER-BUSCH 4.9% DUE 02-01-2046 2,928 3,232 ANHEUSER-BUSCH 4.95% ANHEUSER-BUSCH 4.95% DUE 01-15-2042 298 333 ANHEUSER-BUSCH 4.95% ANHEUSER-BUSCH 4.95% DUE 01-15-2042 942 1,000 ANTHEM INC ANTHEM INC 4.65% DUE 01-15-2043 3,041 3,168 ANTHEM INC ANTHEM INC 4.65% DUE 08-15-2044 1,075 1,133 APACHE CORP APACHE CORP 4.25% DUE 01-15-2044 2,539 2,609 APACHE CORP APACHE CORP 4.75% DUE 04-15-2043 1,403 1,456 APACHE CORP APACHE CORP 4.75% DUE 04-15-2043 3,175 3,281 APACHE CORP APACHE CORP 6% DUE 01-15-2037 229 241 APPALACHIAN PWR APPALACHIAN PWR CO 4.45% DUE 06-01-2045 1,504 1,589 APPLE INC APPLE INC 3.85% DUE 05-04-2043 1,417 1,458 APPLE INC APPLE INC 3.85% DUE 05-04-2043 1,045 1,059 APPLE INC APPLE INC 4.45% DUE 05-06-2044 747 771 APPLE INC APPLE INC 4.65% DUE 02-23-2046 2,386 2,631 ARCH CAP ARCH CAP GROUP U S INC 5.144 DUE 11-01-2043 REG 1,888 1,863 ARIZONA PUB ARIZONA PUB SVC CO 4.5% DUE 04-01-2042 2,823 2,892 ASTRAZENECA PLC ASTRAZENECA PLC 4% DUE 09-18-2042 1,122 1,151 ASTRAZENECA PLC ASTRAZENECA PLC 6.45% DUE 09-15-2037 887 912 AT&T INC AT&T INC 4.35% DUE 06-15-2045 6,852 6,773 (Continued) 21.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value AT&T INC AT&T INC 4.5% DUE 03-09-2048 847 799 AT&T INC AT&T INC 4.5% DUE 05-15-2035 548 535 AT&T INC AT&T INC 4.5% DUE 05-15-2035 1,731 1,749 AT&T INC AT&T INC 4.55% DUE 03-09-2049 626 665 AT&T INC AT&T INC 4.75% DUE 05-15-2046 402 381 AT&T INC AT&T INC 4.75% DUE 05-15-2046 958 939 AT&T INC AT&T INC 4.8% DUE 06-15-2044 5,941 5,668 AT&T INC AT&T INC 5.15% DUE 03-15-2042 2,420 2,402 AT&T INC AT&T INC 5.35% DUE 09-01-2040 70 73 AT&T INC AT&T INC 5.65% DUE 02-15-2047 2,472 2,379 AVALONBAY CMNTYS AVALONBAY CMNTYS 3.9% DUE 10-15-2046 573 539 BANK AMER BANK AMER CORP 3.248% DUE 10-21-2027 2,150 2,066 BANK AMER BANK AMER CORP 4.183% DUE 11-25-2027 2,275 2,286 BANK AMER BANK AMER CORP 4.875% DUE 04-01-2044 2,564 2,661 BANK AMER BANK AMER CORP 4.875% DUE 04-01-2044 3,200 3,292 BANK AMER BANK AMER CORP 5.875% DUE 02-07-2042 2,144 2,242 BAXALTA INC BAXALTA INC 5.25% DUE 06-23-2045 163 173 BECTON DICKINSON BECTON DICKINSON & 4.685% DUE 12-15-2044 600 623 BERKSHIRE HATHAWAY BERKSHIRE HATHAWAY 4.5% DUE 02-11-2043 1,520 1,637 BHP BILLITON BHP BILLITON FIN 5% DUE 09-30-2043 1,916 1,807 BHP BILLITON BHP BILLITON FIN 5% DUE 09-30-2043 2,618 2,632 BK OF BK OF AMER NA 6 DUE 10-15-2036 1,194 1,158 BOEING CO BOEING CO FIXED 3.5% DUE 03-01-2045 760 752 BP CAP BP CAP MKTS P L C 3.723% DUE 11-28-2028 1,625 1,657 BRITISH TELECOMMUNICATIONS BRITISH TELECOMMUNICATIONS P L C NT STEPUP 12-15-2030 12-12-2000 1,673 1,683 BRITISH TELECOMMUNICATIONS BRITISH TELECOMMUNICATIONS P L C NT STEPUP 12-15-2030 12-12-2000 2,409 2,348 BURL NORTHN BURL NORTHN SANTA 4.375% DUE 09-01-2042 5,648 6,086 BURL NORTHN BURL NORTHN SANTA 4.45% DUE 03-15-2043 3,038 3,295 CAP 1 CAP 1 FINL CORP 4.2% DUE 10-29-2025 1,025 1,036 CARDINAL HLTH CARDINAL HLTH INC 3.5% DUE 11-15-2024 1,044 1,066 CARDINAL HLTH CARDINAL HLTH INC 4.6% DUE 03-15-2043 1,816 1,803 CATERPILLAR INC CATERPILLAR INC 3.803% DUE 08-15-2042 1,524 1,609 CDN NAT CDN NAT RES LTD 6.5% DUE 02-15-2037 2,150 2,016 CELGENE CORP CELGENE CORP 4.625% DUE 05-15-2044 1,820 1,945 CELGENE CORP CELGENE CORP 5% DUE 08-15-2045 1,015 1,074 CHARTER 6.384% CHARTER 6.384% DUE 10-23-2035 904 1,021 CHARTER 6.384% CHARTER 6.384% DUE 10-23-2035 591 606 CHARTER 6.484% CHARTER 6.484% DUE 10-23-2045 1,792 2,045 CHUBB CORP CHUBB CORP 6.375% DUE 04-15-2037 1,185 1,073 CIGNA CORP CIGNA CORP 5.375% DUE 02-15-2042 2,098 2,127 CISCO SYS CISCO SYS INC 5.5% DUE 01-15-2040 935 995 CISCO SYS CISCO SYS INC SR NT 5.9 DUE 02-15-2039 REG 1,574 1,699 CITIGROUP INC CITIGROUP INC 3.2% DUE 10-21-2026 1,444 1,391 CITIGROUP INC CITIGROUP INC 3.4% DUE 05-01-2026 1,128 1,104 CITIGROUP INC CITIGROUP INC 3.7% DUE 01-12-2026 1,788 1,812 CITIGROUP INC CITIGROUP INC 4.125% DUE 07-25-2028 4,665 4,576 CITIGROUP INC CITIGROUP INC 4.4% DUE 06-10-2025 2,564 2,631 CITIGROUP INC CITIGROUP INC 4.45% DUE 09-29-2027 2,627 2,671 CITIGROUP INC CITIGROUP INC 4.6% DUE 03-09-2026 225 236 CITIGROUP INC CITIGROUP INC 4.65% DUE 07-30-2045 77 75 CITIGROUP INC CITIGROUP INC 4.75% DUE 05-18-2046 1,152 1,173 CITIGROUP INC CITIGROUP INC 5.3 DUE 05-06-2044 711 733 COMCAST CORP COMCAST CORP NEW 4.2% DUE 08-15-2034 2,350 2,256 COMCAST CORP COMCAST CORP NEW 4.4% DUE 08-15-2035 3,267 3,512 COMWLTH EDISON COMWLTH EDISON CO 3.7% DUE 03-01-2045 1,947 1,810 COMWLTH EDISON COMWLTH EDISON CO 5.9% DUE 03-15-2036 4,523 4,566 CONOCOPHILLIPS 5.9% CONOCOPHILLIPS 5.9% DUE 05-15-2038 2,677 2,582 CONOCOPHILLIPS CO CONOCOPHILLIPS CO 4.3% DUE 11-15-2044 2,023 1,875 CONOCOPHILLIPS CO CONOCOPHILLIPS CO 4.3% DUE 11-15-2044 125 130 CONOCOPHILLIPS CO CONOCOPHILLIPS CO 5.95% DUE 03-15-2046 767 973 CONOCOPHILLIPS GTD CONOCOPHILLIPS GTD NT 6.5 DUE 02-15-2039REG 2,569 2,553 CONOCOPHILLIPS GTD CONOCOPHILLIPS GTD NT 6.5 DUE 02-15-2039REG 819 800 CONS EDISON CONS EDISON CO N Y 3.95% DUE 03-01-2043 1,842 1,888 CONS EDISON CONS EDISON CO N Y INC 4.45 DUE 03-15-2044 REG 2,402 2,530 CONS EDISON CONS EDISON CO N Y INC 4.45 DUE 03-15-2044 REG 1,282 1,334 CONSUMERS ENERGY CONSUMERS ENERGY CO 3.95 DUE 05-15-2043 BEO 2,964 3,015 CR SUISSE CR SUISSE GROUP 3.75% DUE 03-26-2025 1,362 1,358 CSX CORP CSX CORP 3.8% DUE 11-01-2046 189 178 CSX CORP CSX CORP 4.1 DUE 03-15-2044 1,107 1,006 CSX CORP CSX CORP 4.75% DUE 05-30-2042 2,115 2,147 CSX CORP CSX CORP 6.22 DUE 04-30-2040 1,703 1,760 CVS CAREMARK CVS CAREMARK CORP 5.3 DUE 12-05-2043 1,711 1,677 CVS HEALTH CVS HEALTH CORP 5.125% DUE 07-20-2045 2,833 3,213 CVS HEALTH CVS HEALTH CORP 5.125% DUE 07-20-2045 2,162 2,468 DANAHER CORP DANAHER CORP 4.375% DUE 09-15-2045 1,073 1,134 DEFAULTED WA DEFAULTED WA MUT BK FA FIXED 5.125% DUE 12-31-2040 718 - DEUTSCHE BK DEUTSCHE BK AG 4.25% DUE 10-14-2021 675 684 DEVON ENERGY DEVON ENERGY CORP 4.75% DUE 05-15-2042 1,980 1,735 DEVON ENERGY DEVON ENERGY CORP 4.75% DUE 05-15-2042 1,941 1,825 DEVON ENERGY DEVON ENERGY CORP 5% DUE 06-15-2045 225 286 DEVON ENERGY DEVON ENERGY CORP 5.6 DUE 07-15-2041 2,024 1,854 DISNEY WALT DISNEY WALT CO NEW MEDIUM TERM NTS BOOK 3.7 DUE 12-01-2042 878 921 DOMINION RES DOMINION RES INC 4.05% DUE 09-15-2042 333 324 DOMINION RES DOMINION RES INC 4.7% DUE 12-01-2044 2,610 2,704 (Continued) 22.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value DOMINION RESOURCES DOMINION RESOURCES INC 4.9% 08-01-2041 4,128 4,280 DOW CHEM DOW CHEM CO 4.25% DUE 10-01-2034 4,502 4,657 DOW CHEM DOW CHEM CO 4.625% DUE 10-01-2044 1,203 1,193 DTE ELEC DTE ELEC CO 3.7% DUE 03-15-2045 1,146 1,238 DUKE ENERGY DUKE ENERGY 4 DUE 09-30-2042 2,328 2,383 DUKE ENERGY DUKE ENERGY 4.25% DUE 12-15-2041 2,764 2,839 DUKE ENERGY DUKE ENERGY 4.375% DUE 03-30-2044 2,348 2,377 DUKE ENERGY DUKE ENERGY CORP 4.8% DUE 12-15-2045 3,139 3,336 EASTMAN CHEM EASTMAN CHEM CO 4.65% DUE 10-15-2044 883 901 ECOLAB INC ECOLAB INC 5.5% DUE 12-08-2041 2,330 2,359 EL PASO EL PASO ENERGY CORP MEDIUM TERM NTS BOOK TR 4 7.8 8-1-31 752 793 EL PASO EL PASO PIPELN 4.7% DUE 11-01-2042 2,470 2,678 ENBRIDGE INC ENBRIDGE INC 4.5% DUE 06-10-2044 918 876 ENCANA CORP ENCANA CORP 5.15 DUE 11-15-2041 2,111 1,801 ENERGY TRANSFER ENERGY TRANSFER 5.95 DUE 10-01-2043 914 836 ENERGY TRANSFER ENERGY TRANSFER 6.5% DUE 02-01-2042 262 332 ENERGY TRANSFER ENERGY TRANSFER FIXED 6.125% DUE 12-15-2045 743 880 ENTERPRISE PRODS ENTERPRISE PRODS 3.75% DUE 02-15-2025 1,550 1,602 ENTERPRISE PRODS ENTERPRISE PRODS 4.85% DUE 03-15-2044 6,040 6,016 ENTERPRISE PRODS ENTERPRISE PRODS FIXED 4.9% DUE 05-15-2046 807 837 ENTERPRISE PRODS ENTERPRISE PRODS OPER LLC GTD SR NT 4.85DUE 08-15-2042 166 153 EOG RES EOG RES INC FIXED 3.9% DUE 04-01-2035 518 474 EXELON CORP EXELON CORP 4.45% DUE 04-15-2046 672 667 EXELON CORP EXELON CORP 4.95% DUE 06-15-2035 1,150 1,223 EXELON GENERATION EXELON GENERATION 5.6 DUE 06-15-2042 2,441 2,117 EXXON MOBIL EXXON MOBIL CORP 3.567% DUE 03-06-2045 1,745 1,646 EXXON MOBIL EXXON MOBIL CORP 4.114% DUE 03-01-2046 2,150 2,232 FEDEX CORP FEDEX CORP 3.9% DUE 02-01-2035 680 722 FEDEX CORP FEDEX CORP 4.75% DUE 11-15-2045 570 599 FEDEX CORP FEDEX CORP NT 4.9 DUE 01-15-2034 REG 1,161 1,148 FID NATL FID NATL 5% DUE 10-15-2025 1,596 1,760 FL PWR FL PWR & LT CO 4.05% DUE 06-01-2042 3,037 3,186 FL PWR FL PWR & LT CO 4.125% DUE 02-01-2042 1,787 1,877 FORD MTR FORD MTR CO DEL NT 4.75 01-15-2043 3,030 2,938 GA PWR GA PWR CO SR NT SER 2012A 4.3 DUE 03-15-2042 4,246 4,421 GE CAP GE CAP INTL FDG CO 4.418% DUE 11-15-2035 6,618 7,464 GE CAP GE CAP INTL FDG CO 4.418% DUE 11-15-2035 8,363 9,068 GEN ELEC GEN ELEC CAP CORP 6.15% DUE 08-07-2037 332 321 GENERAL ELEC GENERAL ELEC CO 4.5% DUE 03-11-2044 113 120 GENERAL MTRS GENERAL MTRS CO 6.75% DUE 04-01-2046 893 833 GILEAD SCIENCES GILEAD SCIENCES 4.5% DUE 02-01-2045 894 916 GILEAD SCIENCES GILEAD SCIENCES 4.6% DUE 09-01-2035 1,357 1,421 GILEAD SCIENCES GILEAD SCIENCES 4.8% DUE 04-01-2044 1,105 1,108 GILEAD SCIENCES GILEAD SCIENCES 4.8% DUE 04-01-2044 1,322 1,260 GLAXOSMITHKLINE 6.375% GLAXOSMITHKLINE 6.375% DUE 05-15-2038 1,810 1,839 GRAINGER W GRAINGER W W INC FIXED 4.6% DUE 06-15-2045 1,199 1,287 GRAINGER W GRAINGER W W INC FIXED 4.6% DUE 06-15-2045 669 719 GRUPO TELEVISA GRUPO TELEVISA S A 6.125% DUE 01-31-2046 1,091 1,038 HALLIBURTON CO HALLIBURTON CO 4.75% DUE 08-01-2043 691 680 HALLIBURTON CO HALLIBURTON CO 4.85% DUE 11-15-2035 929 955 HALLIBURTON CO HALLIBURTON CO 5% DUE 11-15-2045 3,055 3,282 HAMILTON CG HAMILTON CG NEW 4.75% DUE 07-01-2113 511 527 HARTFORD FINL HARTFORD FINL SVCS 4.3 DUE 04-15-2043 1,959 1,918 HESS CORP HESS CORP 5.6% DUE 02-15-2041 519 542 HESS CORP HESS CORP 5.6% DUE 02-15-2041 1,682 1,533 HEWLETT PACKARD HEWLETT PACKARD CO 6% DUE 09-15-2041 516 462 HOME DEPOT HOME DEPOT INC 4.25% DUE 04-01-2046 1,146 1,257 HOME DEPOT HOME DEPOT INC 4.875 DUE 02-15-2044 1,761 1,844 HOME DEPOT HOME DEPOT INC 4.875 DUE 02-15-2044 5,776 6,166 HSBC BK HSBC BK USA N A 7 DUE 01-15-2039 2,465 2,504 HSBC HLDGS HSBC HLDGS PLC 4.3% DUE 03-08-2026 410 420 HSBC HLDGS HSBC HLDGS PLC 4.375% DUE 11-23-2026 1,469 1,493 HSBC HLDGS HSBC HLDGS PLC 5.25% DUE 03-14-2044 4,594 4,672 HSBC HLDGS HSBC HLDGS PLC 5.25% DUE 03-14-2044 524 538 HSBC HLDGS HSBC HLDGS PLC 6.5% DUE 09-15-2037 1,456 1,479 HUMANA INC HUMANA INC 4.625 DUE 12-01-2042 2,121 2,095 HUMANA INC HUMANA INC 4.95% DUE 10-01-2044 600 638 HUMANA INC HUMANA INC 4.95% DUE 10-01-2044 2,086 2,217 INTEL CORP INTEL CORP 4.8% DUE 10-01-2041 1,142 1,196 INTEL CORP INTEL CORP 4.9% 07-29-2045 739 843 INTEL CORP INTEL CORP 4.9% 07-29-2045 1,993 2,250 INTESA SANPAOLO INTESA SANPAOLO S P A 5.25 DUE 01-12-2024 722 727 INTL PAPER INTL PAPER CO 5.15% DUE 05-15-2046 729 771 JOHNSON & JOHNSON & JOHNSON 3.7% DUE 03-01-2046 2,583 2,594 JPMORGAN CHASE JPMORGAN CHASE & 5.3% DUE 12-29-2049 2,125 2,187 JPMORGAN CHASE JPMORGAN CHASE & CO 4.85 NOTES DUE 02-01-2044 5,383 5,834 JPMORGAN CHASE JPMORGAN CHASE & CO 5.4 SNR NTS DUE 01-06-2042 USD1000 4,949 5,133 JPMORGAN CHASE JPMORGAN CHASE & CO 5.5 DUE 10-15-2040 461 447 KBC BANK KBC BANK NV 8%-STP SUB 25/01/2023 USD 2,226 2,184 KELLOGG CO KELLOGG CO 4.5% DUE 04-01-2046 672 667 KINDER MORGAN KINDER MORGAN 5.5 DUE 03-01-2044 716 737 KINDER MORGAN KINDER MORGAN 5.625% DUE 09-01-2041 589 691 KINDER MORGAN KINDER MORGAN ENERGY PARTNERS L P 5 DUE 03-01-2043 3,761 3,890 KINDER MORGAN KINDER MORGAN INC 5.55% DUE 06-01-2045 2,650 2,831 (Continued) 23.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value KRAFT FOODS KRAFT FOODS GROUP 5% DUE 06-04-2042 4,134 4,111 KRAFT FOODS KRAFT FOODS GROUP 5% DUE 06-04-2042 2,419 2,384 KRAFT HEINZ KRAFT HEINZ FOODS 4.375% DUE 06-01-2046 109 104 KRAFT HEINZ KRAFT HEINZ FOODS 4.375% DUE 06-01-2046 748 708 KRAFT HEINZ KRAFT HEINZ FOODS 5.2% DUE 07-15-2045 1,571 1,606 KRAFT HEINZ KRAFT HEINZ FOODS 5.2% DUE 07-15-2045 797 857 KROGER CO KROGER CO 5 DUE 04-15-2042 REG 287 293 KROGER CO KROGER CO 5.15% DUE 08-01-2043 1,685 1,759 LOCKHEED MARTIN LOCKHEED MARTIN 3.6% DUE 03-01-2035 700 722 LOCKHEED MARTIN LOCKHEED MARTIN 3.8% DUE 03-01-2045 2,509 2,543 LOCKHEED MARTIN LOCKHEED MARTIN 4.07% DUE 12-15-2042 3,034 3,174 LOWES COS LOWES COS INC 4.25% DUE 09-15-2044 2,449 2,587 LOWES COS LOWES COS INC 4.375% DUE 09-15-2045 610 652 LYONDELLBASELL 4.625% LYONDELLBASELL 4.625% DUE 02-26-2055 2,704 2,670 MAGELLAN MIDSTREAM MAGELLAN MIDSTREAM 4.2% DUE 03-15-2045 670 618 MAGELLAN MIDSTREAM MAGELLAN MIDSTREAM 4.25% DUE 09-15-2046 370 357 MARATHON OIL MARATHON OIL CORP 6.6% DUE 10-01-2037 1,921 1,681 MARSH & MARSH & MCLENNAN 3.5% DUE 03-10-2025 1,536 1,582 MCDONALDS CORP MCDONALDS CORP 4.875% DUE 12-09-2045 1,579 1,638 MCDONALDS CORP MCDONALDS CORP FIXED 4.6% DUE 05-26-2045 487 508 MCKESSON CORP MCKESSON CORP 6% DUE 03-01-2041 1,982 1,883 MEAD JOHNSON MEAD JOHNSON 4.6% DUE 06-01-2044 1,317 1,261 MEDTRONIC INC MEDTRONIC INC 4.375% DUE 03-15-2035 1,839 1,981 MEDTRONIC INC MEDTRONIC INC 4.625% DUE 03-15-2045 3,584 3,745 MERCK & MERCK & CO INC NEW 3.7% DUE 02-10-2045 1,342 1,307 MERCK & MERCK & CO INC NEW 3.7% DUE 02-10-2045 2,098 2,042 MERRILL LYNCH MERRILL LYNCH & CO 6.11% DUE 01-29-2037 1,513 1,581 MERRILL LYNCH MERRILL LYNCH & CO 6.11% DUE 01-29-2037 1,935 2,037 METLIFE INC METLIFE INC 4.05% DUE 03-01-2045 375 365 METLIFE INC METLIFE INC 4.6% DUE 05-13-2046 1,812 1,853 METLIFE INC METLIFE INC 4.875% DUE 11-13-2043 281 272 METLIFE INC METLIFE INC 4.875% DUE 11-13-2043 2,109 2,167 METLIFE INC METLIFE INC 5.7% DUE 06-15-2035 944 914 METLIFE INC METLIFE INC STEP CPN 4.721% DUE 12-15-2044 1,379 1,450 MICROSOFT CORP MICROSOFT CORP 3.45% DUE 08-08-2036 1,209 1,176 MICROSOFT CORP MICROSOFT CORP 3.7% DUE 08-08-2046 893 860 MICROSOFT CORP MICROSOFT CORP 3.7% DUE 08-08-2046 2,334 2,247 MICROSOFT CORP MICROSOFT CORP 3.75% DUE 02-12-2045 3,264 3,137 MICROSOFT CORP MICROSOFT CORP 3.75% DUE 02-12-2045 2,638 2,595 MICROSOFT CORP MICROSOFT CORP 4.45% DUE 11-03-2045 1,395 1,502 MICROSOFT CORP MICROSOFT CORP 4.75% DUE 11-03-2055 892 964 MIDAMERICAN ENERGY MIDAMERICAN ENERGY 4.8% DUE 09-15-2043 1,090 1,120 MIDAMERICAN ENERGY MIDAMERICAN ENERGY 5.15% DUE 11-15-2043 2,119 1,976 MIDAMERICAN ENERGY MIDAMERICAN ENERGY 6.125% DUE 04-01-2036 6,007 6,163 MIDAMERICAN ENERGY MIDAMERICAN ENERGY 6.125% DUE 04-01-2036 2,401 2,471 MITSUBISHI UFJ MITSUBISHI UFJ FINANCIAL GROUP INC 3.85%03-01-2026 749 780 MOLSON COORS MOLSON COORS 4.2% DUE 07-15-2046 894 857 MOLSON COORS MOLSON COORS 5 DUE 05-01-2042 2,280 2,318 MORGAN STANLEY MORGAN STANLEY 3.875% DUE 04-29-2024 2,291 2,364 MORGAN STANLEY MORGAN STANLEY 4.3% DUE 01-27-2045 799 817 MORGAN STANLEY MORGAN STANLEY 4.3% DUE 01-27-2045 3,577 3,578 MORGAN STANLEY MORGAN STANLEY 6.375% DUE 07-24-2042 1,394 1,444 MORGAN STANLEY MORGAN STANLEY 7.25% DUE 04-01-2032 1,548 1,545 MORGAN STANLEY MORGAN STANLEY FIXED 3.7% DUE 10-23-2024 1,701 1,732 MYLAN INC MYLAN INC FORMERLY 4.2 DUE 11-29-2023 935 914 NBCUNIVERSAL MEDIA NBCUNIVERSAL MEDIA 4.45% DUE 01-15-2043 2,554 2,423 NBCUNIVERSAL MEDIA NBCUNIVERSAL MEDIA 5.95% DUE 04-01-2041 7,216 7,326 NEUBERGER BERMAN NEUBERGER BERMAN 4.875% DUE 04-15-2045 820 663 NEW YORK NEW YORK LIFE INS 6.75% DUE 11-15-2039 2,686 2,701 NOBLE ENERGY NOBLE ENERGY INC 5.05% DUE 11-15-2044 1,310 1,332 NORFOLK SOUTHN NORFOLK SOUTHN 3.95 DUE 10-01-2042 2,708 2,807 NORFOLK SOUTHN NORFOLK SOUTHN 4.45% DUE 06-15-2045 770 831 NORFOLK SOUTHN NORFOLK SOUTHN 4.65% DUE 01-15-2046 795 868 NORTHN STS NORTHN STS PWR CO 3.4 DUE 08-15-2042 2,472 2,605 NORTHROP GRUMMAN NORTHROP GRUMMAN 4.75% DUE 06-01-2043 2,966 3,149 NORTHROP GRUMMAN NORTHROP GRUMMAN CORP 3.85% DUE 04-15-2045 1,575 1,507 NORTHWESTN MUT NORTHWESTN MUT 6.063% DUE 03-30-2040 2,366 2,462 NSTAR ELEC NSTAR ELEC CO 4.4% DUE 03-01-2044 1,553 1,566 NUCOR CORP NUCOR CORP 5.2% DUE 08-01-2043 1,145 1,150 NVIDIA CORP NVIDIA CORP 3.2% DUE 09-16-2026 898 874 OCCIDENTAL PETE OCCIDENTAL PETE 4.1% DUE 02-15-2047 2,200 2,161 OCCIDENTAL PETE OCCIDENTAL PETE 4.4% DUE 04-15-2046 1,141 1,181 OCCIDENTAL PETE OCCIDENTAL PETE 4.625% DUE 06-15-2045 668 704 ORACLE CORP ORACLE CORP 4% DUE 07-15-2046 815 795 ORACLE CORP ORACLE CORP 4.125% DUE 05-15-2045 3,531 3,703 ORACLE CORP ORACLE CORP 4.3% DUE 07-08-2034 2,602 2,721 ORACLE CORP ORACLE CORP 4.375% DUE 05-15-2055 1,881 1,890 ORANGE S ORANGE S A 5.5% DUE 02-06-2044 922 966 PAC GAS PAC GAS & ELEC CO 4.3% DUE 03-15-2045 490 518 PAC GAS PAC GAS & ELEC CO 4.45 DUE 04-15-2042 1,009 1,060 PAC GAS PAC GAS & ELEC CO 4.6% DUE 06-15-2043 2,145 2,219 PAC GAS PAC GAS & ELEC CO 5.8% DUE 03-01-2037 3,169 3,346 PAC GAS PAC GAS & ELEC CO 6.05% DUE 03-01-2034 3,073 3,179 PARKER-HANNIFIN CORP PARKER-HANNIFIN CORP 4.45% 11-21-2044 1,348 1,433 (Continued) 24.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value PEPSICO INC PEPSICO INC 4.45% DUE 04-14-2046 898 967 PETROLEOS PETROLEOS 6.5% DUE 06-02-2041 2,611 2,434 PETROLEOS PETROLEOS 5.5% DUE 06-27-2044 126 120 PETROLEOS PETROLEOS 5.625% DUE 01-23-2046 1,209 1,162 PETROLEOS PETROLEOS 5.625% DUE 01-23-2046 963 829 PFIZER INC PFIZER INC 4% DUE 12-15-2036 707 731 PFIZER INC PFIZER INC 4% DUE 12-15-2036 1,891 1,955 PFIZER INC PFIZER INC 4.3% DUE 06-15-2043 2,914 3,049 PFIZER INC PFIZER INC 4.4% DUE 05-15-2044 1,292 1,221 PHILIP MORRIS PHILIP MORRIS INTERNATIONAL INC 3.875 BDS DUE 08-21-2042 USD1000 3,916 4,005 PHILIP MORRIS PHILIP MORRIS INTL 4.25% DUE 11-10-2044 1,104 1,128 PHILIP MORRIS PHILIP MORRIS INTL 4.375% DUE 11-15-2041 258 269 PHILLIPS 66 PHILLIPS 66 4.65% DUE 11-15-2034 1,521 1,612 PLAINS ALL PLAINS ALL AMERN 4.7 DUE 06-15-2044 176 179 PLAINS ALL PLAINS ALL AMERN PIPELINE L P / PAA FIN 5.15 DUE 06-01-2042 REG 959 981 PLAINS ALL PLAINS ALL AMERN PIPELN L P/PAA 4.9% 02-15-2045 1,565 1,578 PNC PFD PNC PFD FDG TR I PERPETUAL TR SECS EXCH PNC BK 144A PFD DUE 12-31-2049 BEO 968 970 PNC PFD PNC PFD FDG TR II EXCHANGEABLE PERP TR SECS 144A DUE 03-29-2049/03-15-2012 BEO 676 676 PRIN FINL PRIN FINL GROUP 4.3% DUE 11-15-2046 849 838 PRIN FINL PRIN FINL GROUP 4.35% DUE 05-15-2043 1,172 1,168 PROGRESS ENERGY PROGRESS ENERGY 6% DUE 12-01-2039 1,959 1,900 PUB SVC PUB SVC ELEC GAS 3.8% DUE 03-01-2046 622 614 PUBLIC SVC PUBLIC SVC ELEC GAS CO SECD MEDIUM TERM NTS 3.8 01-01-2043 1,505 1,574 PUGET SOUND PUGET SOUND ENERGY 5.638 SR NT DUE 04-15-2041 1,672 1,710 PUGET SOUND PUGET SOUND ENERGY FLTG RT 6.974% DUE 06-01-2067 1,256 1,433 PVTPL AIR PVTPL AIR LIQUIDE FIN S A NT 144A 3.5% DUE 09-27-2046/09-27-2016 BEO 1,043 977 PVTPL BAE PVTPL BAE SYS PLC NT 5.8 DUE 10-11-2041 BEO 247 271 PVTPL BG PVTPL BG ENERGY CAP PLC GTD NT 144A 5.125% DUE 10-15-2041 BEO 1,803 1,868 PVTPL CARGILL PVTPL CARGILL INC SR NT 144A 4.76% DUE 11-23-2045 BEO 1,041 1,100 PVTPL CREDIT PVTPL CREDIT SUISSE GROUP AG 6.5 DUE 08-08-2023 BEO 1,020 1,006 PVTPL DAI-ICHI PVTPL DAI-ICHI LIFE INS CO LTD 4.0% DUE 12-31-2049 1,700 1,611 PVTPL DEUTSCHE PVTPL DEUTSCHE TELEKOM INTL FIN B V 4.875 DUE 03-06-2042 1,971 2,064 PVTPL DEUTSCHE PVTPL DEUTSCHE TELEKOM INTL FIN B V 4.875 DUE 03-06-2042 2,082 2,260 PVTPL DIAMOND PVTPL DIAMOND 1 FIN CORP/DIAMOND 2 BNDS 144A 8.35% DUE 07-15-2046 893 1,088 PVTPL DIAMOND PVTPL DIAMOND 1 FIN CORP/DIAMOND 2 FIN CORP 1ST LIEN NT 144A 6.02 607 624 PVTPL EMERA PVTPL EMERA US FIN LP SR NT 144A 4.75% DUE 06-15-2046/06-16-2016 BEO 1,018 1,036 PVTPL ERAC PVTPL ERAC USA FIN LLC GTD NT 5.625 DUE 03-15-2042 BEO 2,507 2,462 PVTPL FORTIVE PVTPL FORTIVE CORP SR NT 144A 4.3% DUE 06-15-2046/06-20-2016 BEO 1,347 1,339 PVTPL GUARDIAN PVTPL GUARDIAN LIFE INS CO AMER SURPLUS NT 144A 4.875% DUE 06-19-2064 BEO 1,849 1,835 PVTPL HEINEKEN PVTPL HEINEKEN N V SR NT 4 DUE 10-01-2042 BEO 1,622 1,642 PVTPL HEWLETT PVTPL HEWLETT PACKARD ENTERPRISE CO NT 144A 5.15% DUE 10-15-2025/10-09-2015 BEO 1,037 1,092 PVTPL HEWLETT PVTPL HEWLETT PACKARD ENTERPRISE CO NT 144A 6.6% DUE 10-15-2045/10-09-2015 BEO 313 333 PVTPL ING PVTPL ING BK N V SUB NT 144A 5.8% DUE 09-25-2023 BEO 2,476 2,479 PVTPL INTESA PVTPL INTESA SANPAOLO S P A 144A BD 5.017% DUE 06-26-2024 REG 948 879 PVTPL JOHNSON PVTPL JOHNSON S C & SON INC SR NT 144A 4.75% DUE 10-15-2046/10-16-2015 BEO 474 516 PVTPL MASS PVTPL MASS MUT LIFE INS CO SURP NT 144A 8.875 DUE 06-01-2039 BEO 1,561 1,629 PVTPL MOTIVA PVTPL MOTIVA ENTERPRISES LLC SR NT 144A 6.85% DUE 01-15-2040/01-11-2010 BEO 2,859 2,716 PVTPL MYLAN PVTPL MYLAN N V SR NT 144A 5.25% DUE 06-15-2046/06-09-2016 BEO 1,254 1,179 PVTPL NT PVTPL NT 144A 6.95% DUE 01-26-2039 BEO 1,448 1,381 PVTPL PERNOD PVTPL PERNOD RICARD S A 5.5 DUE 01-15-2042 2,195 2,224 PVTPL PETROLEOS PVTPL PETROLEOS MEXICANOS 144A 6.875% DUE 08-04-2026 REG 6,059 6,573 PVTPL PETROLEOS PVTPL PETROLEOS MEXICANOS 6.375% DUE 2-4-21 610 665 PVTPL PETROLEOS PVTPL PETROLEOS MEXICANOS MEDIUM TERM NTS BOOK 6.75% DUE 09-21-2047 REG 80 83 PVTPL SANTANDER PVTPL SANTANDER UK GROUP HLDGS PLC 5.625% DUE 09-15-2045 BEO 833 822 PVTPL SCHLUMBERGER PVTPL SCHLUMBERGER HLDGS CORP SR NT 144A4% DUE 12-21-2025/12-21-2015 BEO 1,719 1,810 PVTPL SIGMA PVTPL SIGMA ALIMENTOS S A DE C V SR NT 144A 4.125 DUE 05-02-2026/05-02-2016 BEO 879 842 PVTPL SUMITOMO PVTPL SUMITOMO MITSUI FINL GROUP INC SUBNT 144A 4.436% DUE 04-02-2024 BEO 2,678 2,742 PVTPL TEACHERS PVTPL TEACHERS INS & 4.9% DUE 09-15-2044 693 740 PVTPL UBS PVTPL UBS GROUP FDG JERSEY LTD SR NT 144A 4.125% DUE 09-24-2025 BEO 2,371 2,447 PVTPL WEA PVTPL WEA FIN LLC / 4.75% DUE 09-17-2044 1,090 1,077 PVTPL XSTRATA PVTPL XSTRATA FIN CDA LTD GTD NT 5.3 DUE10-25-2042 BEO 715 728 QUALCOMM INC QUALCOMM INC 4.8% DUE 05-20-2045 1,020 1,101 RABOBANK NEDERLAND RABOBANK NEDERLAND 5.25% DUE 08-04-2045 871 969 REPUBLIC SVCS REPUBLIC SVCS INC 2.9% DUE 07-01-2026 299 292 REYNOLDS AMERN REYNOLDS AMERN INC FIXED 5.7% DUE 08-15-2035 932 936 REYNOLDS AMERN REYNOLDS AMERN INC FIXED 5.85% DUE 08-15-2045 2,555 2,925 RIO TINTO RIO TINTO FIN USA 4.125 DUE 08-21-2042 646 693 RIO TINTO RIO TINTO FIN USA 5.2 DUE 11-02-2040 2,114 2,178 ROYAL BK ROYAL BK OF 9.5% 16/03/2022 887 809 S&P GLOBAL S&P GLOBAL INC 6.55% DUE 11-15-2037 941 987 SHELL INTERNATIONAL SHELL INTERNATIONAL FIN 4.375% DUE 05-11-2045 3,763 3,867 SHELL INTERNATIONAL SHELL INTERNATIONAL FIN 4.55 DUE 08-12-2043 REG 1,880 1,877 SHELL INTL SHELL INTL FIN B V 3.625% DUE 08-21-2042 1,597 1,582 SHELL INTL SHELL INTL FIN B V 4% DUE 05-10-2046 1,652 1,587 SHERWIN WILLIAMS SHERWIN WILLIAMS 4.55% DUE 08-01-2045 1,019 1,037 SIEMENS 4.4% SIEMENS 4.4% DUE 05-27-2045 1,712 1,825 SIMON PPTY SIMON PPTY GROUP L 4.75% DUE 03-15-2042 1,302 1,318 SMUCKER J SMUCKER J M CO 4.25% DUE 03-15-2035 1,210 1,242 SOUTHERN CALIF SOUTHERN CALIF EDISON CO 4.65 DUE 10-01-2043 1,141 1,086 SOUTHERN CALIF SOUTHERN CALIF EDISON CO 4.65 DUE 10-01-2043 1,441 1,476 SOUTHERN CO SOUTHERN CO 4.25% DUE 07-01-2036 1,633 1,683 SOUTHERN PWR SOUTHERN PWR CO 5.15% DUE 09-15-2041 1,880 1,840 SOUTHN CAL SOUTHN CAL EDISON 4.05% DUE 03-15-2042 3,387 3,570 SOUTHWESTN ELEC SOUTHWESTN ELEC 6.2% DUE 03-15-2040 1,533 1,487 (Continued) 25.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value SOUTHWESTN PUB SOUTHWESTN PUB SVC 4.5% DUE 08-15-2041 1,132 1,192 SPCL1 GEN SPCL1 GEN ELEC CAP CORP 5.875% DUE 01-14-2038 3,029 3,244 SPCL1 GEN SPCL1 GEN ELEC CAP CORP 5.875% DUE 01-14-2038 2,203 2,321 SPECTRA ENERGY SPECTRA ENERGY 5.95% DUE 09-25-2043 1,044 1,176 STARBUCKS CORP STARBUCKS CORP 4.3% DUE 06-15-2045 1,245 1,315 STATOIL ASA STATOIL ASA 5.1 DUE 08-17-2040 2,312 2,323 STRYKER CORP STRYKER CORP 4.1 DUE 04-01-2043 1,302 1,302 SUNCOR ENERGY SUNCOR ENERGY INC 6.5% DUE 06-15-2038 2,910 2,971 SUNCOR ENERGY SUNCOR ENERGY INC 6.5% DUE 06-15-2038 3,181 3,227 SUNOCO LOGISTICS SUNOCO LOGISTICS 5.3% DUE 04-01-2044 196 181 SUNOCO LOGISTICS SUNOCO LOGISTICS 5.35% DUE 05-15-2045 914 895 SUNOCO LOGISTICS SUNOCO LOGISTICS 6.1% DUE 02-15-2042 156 143 SYSCO CORP SYSCO CORP 4.85% DUE 10-01-2045 458 483 TEACHERS INS TEACHERS INS & 6.85% DUE 12-16-2039 2,977 3,004 TELEFONICA 7.045% TELEFONICA 7.045% DUE 06-20-2036 2,597 2,384 TEVA 3.15% TEVA 3.15% DUE 10-01-2026 573 538 TEVA PHARMACEUTICAL TEVA PHARMACEUTICAL INDST LTD 4.1% BDS 10-01-2046 USD2000 595 525 TEVA PHARMACEUTICAL TEVA PHARMACEUTICAL INDST LTD 4.1% BDS 10-01-2046 USD2000 342 302 THERMO FISHER THERMO FISHER SCIENTIFIC INC 4.15 DUE 02-01-2024 1,518 1,556 THOMSON REUTERS THOMSON REUTERS CORP FORMERLY THOMSON C 4.3 DUE 11-23-2023 1,429 1,434 TIFFANY & TIFFANY & CO 4.9% DUE 10-01-2044 904 850 TIME WARNER TIME WARNER CABLE 4.5% DUE 09-15-2042 458 437 TIME WARNER TIME WARNER CABLE 5.5% DUE 09-01-2041 3,810 3,726 TIME WARNER TIME WARNER CABLE 5.875% DUE 11-15-2040 2,985 2,728 TIME WARNER TIME WARNER ENTMT 8.375% DUE 07-15-2033 1,014 1,045 TIME WARNER TIME WARNER INC 5.375% DUE 10-15-2041 3,771 3,821 TIME WARNER TIME WARNER INC 5.375% DUE 10-15-2041 3,331 3,367 TORONTO-DOMINION 3.625% TORONTO-DOMINION 3.625% DUE 09-15-2031 699 691 TOTAL CAP TOTAL CAP INTL 3.7% DUE 01-15-2024 200 207 TRANSCANADA 4.625% TRANSCANADA 4.625% DUE 03-01-2034 1,661 1,658 TRANSCANADA 4.625% TRANSCANADA 4.625% DUE 03-01-2034 3,263 3,461 TRAVELERS COS TRAVELERS COS INC 3.75% DUE 05-15-2046 1,068 1,019 UNION PAC UNION PAC CORP 4.05% DUE 11-15-2045 1,742 1,770 UNITEDHEALTH GROUP UNITEDHEALTH GROUP 4.2% DUE 01-15-2047 1,459 1,479 UNITEDHEALTH GROUP UNITEDHEALTH GROUP 4.25% DUE 03-15-2043 3,178 3,332 UNITEDHEALTH GROUP UNITEDHEALTH GROUP 4.625% DUE 07-15-2035 750 833 UNITEDHEALTH GROUP UNITEDHEALTH GROUP 4.75% DUE 07-15-2045 797 899 UNITEDHEALTH GROUP UNITEDHEALTH GROUP 5.7% DUE 10-15-2040 2,153 2,173 UTD TECHNOLOGIES UTD TECHNOLOGIES 4.5% DUE 06-01-2042 2,530 2,599 UTD TECHNOLOGIES UTD TECHNOLOGIES 4.5% DUE 06-01-2042 642 618 VALERO ENERGY VALERO ENERGY CORP 4.9% DUE 03-15-2045 1,493 1,491 VENTAS RLTY VENTAS RLTY LTD 5.7% DUE 09-30-2043 1,920 1,906 VERIZON 4.125% VERIZON 4.125% DUE 08-15-2046 949 876 VERIZON 4.15% VERIZON 4.15% DUE 03-15-2024 7,380 7,242 VERIZON 4.672% VERIZON 4.672% DUE 03-15-2055 2,023 2,120 VERIZON 4.862% VERIZON 4.862% DUE 08-21-2046 6,229 6,339 VERIZON 4.862% VERIZON 4.862% DUE 08-21-2046 2,728 3,112 VERIZON COMMUNICATIONS VERIZON COMMUNICATIONS 4.4% DUE 11-01-2034 REG 1,851 1,854 VERIZON COMMUNICATIONS VERIZON COMMUNICATIONS 4.522% 09-15-2048 5,772 5,999 VERIZON COMMUNICATIONS VERIZON COMMUNICATIONS 4.522% 09-15-2048 4,110 4,299 VERIZON COMMUNICATIONS VERIZON COMMUNICATIONS 5.15 BDS DUE 09-15-2023 USD2000 REG 4,217 4,120 VERIZON COMMUNICATIONS VERIZON COMMUNICATIONS 6.4 NTS DUE 09-15-2033 USD REG 765 766 VIACOM INC VIACOM INC NEW 3.45% DUE 10-04-2026 274 256 VIACOM INC VIACOM INC NEW 5.25% DUE 04-01-2044 1,621 1,430 VIRGINIA ELEC VIRGINIA ELEC & PWR CO 4.65 DUE 08-15-2043 1,485 1,550 VISA INC VISA INC 4.15% DUE 12-14-2035 528 551 VISA INC VISA INC 4.3% DUE 12-14-2045 1,688 1,771 VISA INC VISA INC 4.3% DUE 12-14-2045 946 846 VODAFONE GROUP VODAFONE GROUP PLC 4.375% DUE 02-19-2043 1,563 1,527 WACHOVIA BK WACHOVIA BK NATL ASSN MTN SUB BKTRANCHE # SB 00007 5.85 DUE 02-01-2037 BEO 2,684 2,608 WALGREEN CO WALGREEN CO 4.4% DUE 09-15-2042 1,358 1,370 WALGREENS BOOTS WALGREENS BOOTS 4.5% DUE 11-18-2034 1,310 1,330 WALGREENS BOOTS WALGREENS BOOTS 4.65% DUE 06-01-2046 1,042 1,070 WAL-MART STORES WAL-MART STORES 4% DUE 04-11-2043 6,492 6,856 WAL-MART STORES WAL-MART STORES 5.625% DUE 04-15-2041 6,869 7,156 WASTE MANAGEMENT WASTE MANAGEMENT INC 4.1% DUE 03-01-2045REG 1,385 1,385 WELLS FARGO WELLS FARGO & CO 3% DUE 04-22-2026 802 773 WELLS FARGO WELLS FARGO & CO 3.9% DUE 05-01-2045 3,865 3,677 WELLS FARGO WELLS FARGO & CO 4.75% DUE 12-07-2046 873 891 WELLS FARGO WELLS FARGO & CO 5.606% DUE 01-15-2044 4,057 4,201 WELLS FARGO WELLS FARGO & CO NEW MEDIUM TERM SR NTS TRANCHE # TR 00155 4.3% DUE 07-22-2027 2,106 2,069 WELLS FARGO WELLS FARGO BK 5.95% DUE 08-26-2036 3,019 2,994 WESTLAKE CHEM WESTLAKE CHEM CORP 5% DUE 08-15-2046 902 932 WESTN GAS WESTN GAS PARTNERS 5.45% DUE 04-01-2044 1,667 1,852 WILLIAMS PARTNERS WILLIAMS PARTNERS 5.1% DUE 09-15-2045 2,416 2,444 WILLIAMS PARTNERS WILLIAMS PARTNERS 6.3% DUE 04-15-2040 153 162 XYLEM INC XYLEM INC 4.375% DUE 11-01-2046 693 696 845,566 861,030 (Continued) 26.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value Government Agencies HYDRO-QUEBEC DEB HYDRO-QUEBEC DEB SER HE 8.625% DUE 06-15-2029 REG 1,309 1,263 TENNESSEE VALLEY TENNESSEE VALLEY AUTH GLOBAL PWR BD 2009SER C 5.25% DUE 09-15-2039 REG 976 1,017 TENNESSEE VALLEY TENNESSEE VALLEY AUTH TENN VALLEY AUTH 4.875% DUE 01-15-2048 REG 231 235 TENNESSEE VALLEY TENNESSEE VALLEY AUTH TENNESSEE VALLEY 5.5% DUE 06-15-2038 BEO 626 642 TN VY TN VY AUTH 5.375 DUE 04-01-2056 REG 1,361 1,390 4,503 4,547 Government Bonds COLOMBIA REP COLOMBIA REP BD 7.375% DUE 09-18-2037 REG 608 643 COLOMBIA(REP OF) COLOMBIA(REP OF) GLOBAL BD 6.125% DUE 01-18-2041/10-20-2009 REG 5,438 5,250 HUNGARY TBOND HUNGARY TBOND 5.375% 25/03/2024 2,025 2,027 HUNGARY(REP OF) HUNGARY(REP OF) 7.625% BDS 29/03/41 USD 925 868 INDONESIA REP INDONESIA REP GLOBAL NT 144A 5.95% DUE 01-08-2046 REG 2,031 1,792 INDONESIA REP INDONESIA REP SR NT 144A 5.25% DUE 01-08-2047 REG 635 640 INDONESIA(REPUBLIC OF) INDONESIA(REPUBLIC OF) 7.75% 17/01/38 USD1000 'REGS' 1,354 1,342 NT 4.875% NT 4.875% DUE 04-14-2026 REG 1,184 1,207 PERU REP PERU REP BD 6.55 DUE 03-14-2037 BEO 803 797 REPUBLIC OF REPUBLIC OF COLOMBIA 5.625 02-26-2044 REG 2,416 2,550 REPUBLIC OF REPUBLIC OF INDONESIA 4.125% 15/01/2025 1,886 1,765 REPUBLIC OF REPUBLIC OF INDONESIA 4.75% DUE 01-08-2026 1,740 1,723 REPUBLIC OF REPUBLIC OF INDONESIA 5.95% DUE 01-08-2046 1,106 1,116 ROMANIA(REPUBLIC OF)6.125% ROMANIA(REPUBLIC OF)6.125% 22/01/44 USD2000REG S 1,682 1,701 UNITED MEXICAN UNITED MEXICAN STS 4.6% DUE 01-23-2046 1,880 1,725 UNITED MEXICAN UNITED MEXICAN STS 5.55 01-21-2045 2,566 2,412 UNITED MEXICAN UNITED MEXICAN STS MEDIUM TERM BOOK TBOND 4.0% DUE 10-02-2023 REG 229 233 UNITED STATES UNITED STATES OF AMER TREAS BONDS DTD 05/15/2016 2.5% DUE 05-15-2046 REG 4,687 4,103 UNITED STATES UNITED STATES TREAS BD STRIPPED DUE 08-15-2045 75,815 70,039 UNITED STATES UNITED STATES TREAS BDS 3% DUE 11-15-2044 REG 213 193 UNITED STATES UNITED STATES TREAS BDS DTD 00247 2.5% DUE 02-15-2046 REG 14,781 13,083 US TREASURY US TREASURY N/B 3.0% 11-15-2045 REG 736 678 UTD MEXICAN UTD MEXICAN STS MEDIUM TERM NTS BOOK TRANCHE # TR 00024 5.75 DUE 10-12-2110 5,084 4,799 UTD MEXICAN UTD MEXICAN STS TRANCHE # TR 00026 4.75 DUE 03-08-2044 1,405 1,303 UTD MEXICAN UTD MEXICAN STS UTD MEXICAN STATES4.35 01-15-2047 REG 4.35 DUE 01-15-2047 REG 658 577 131,887 122,566 Municipal/Provincial Bonds AMERN MUN AMERN MUN PWR OH INC REV 6.27 DUE 02-15-2050 1,800 2,205 B.C PROV B.C PROV CDA 7.25 BD DUE 09-01-2036 BEO 1,490 1,517 BAY AREA BAY AREA TOLL AUTH CALIF TOLL BRDG REV 7.043% 04-01-2050 BEO TAXABLE 2,877 2,936 CALIFORNIA ST CALIFORNIA ST 7.6% 11-01-2040 BEO TAXABLE 595 759 CALIFORNIA ST CALIFORNIA ST 7.625% 03-01-2040 BEO TAXABLE 4,576 4,671 CALIFORNIA ST CALIFORNIA ST PUB WKS BRD LEASE REV 8.361% 10-01-2034 BEO TAXABLE 462 474 CALIFORNIA ST CALIFORNIA ST TAXABLE-BUILD AMER BDS 7.35% DUE 11-01-2039 REG TAXABLE 4,995 5,097 CHICAGO ILL CHICAGO ILL MET WTR RECLAMATION DIST GTRCHICAGO 5.72% 12-01-2038 BEO TAXABLE 1,673 1,680 CHICAGO ILL CHICAGO ILL WTR REV 6.742% 11-01-2040 BEO TAXABLE 130 166 COLORADO BRDG COLORADO BRDG ENTERPRISE REV 6.078% 12-01-2040 BEO TAXABLE 639 628 EAST BAY EAST BAY CALIF MUN UTIL DIST WTR SYS REV5.874% 06-01-2040 BEO TAXABLE 1,493 1,489 GRAND PARKWAY GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5.184% 10-01-2042 BEO TAXABLE 977 985 HYDRO-QUEBEC SER HYDRO-QUEBEC SER HQ 9.5% DUE 11-15-2030 REG 1,611 1,610 IL ST IL ST TAXABLE-PENSION 5.1 DUE 06-01-2033BEO TAXABLE SINKING FD 06-01-2024 N/C 1,222 1,167 IL ST IL ST TAXABLE-PENSION 5.1 DUE 06-01-2033BEO TAXABLE SINKING FD 06-01-2024 N/C 2,146 2,051 ILLINOIS ST ILLINOIS ST 5.65% 12-01-2038 BEO TAXABLE 2,007 1,894 LOS ANGELES LOS ANGELES CALIF CMNTY COLLEGE DIST 6.75% 08-01-2049 BEO TAXABLE 1,432 1,465 LOS ANGELES LOS ANGELES CNTY CALIF PUB WKS FING AUTHLEASE REV 7.488% 08-01-2033 BEO TAXABLE 978 1,221 MASSACHUSETTS ST MASSACHUSETTS ST TRANSN FD REV 5.631% 06-01-2030 BEO TAXABLE 455 547 METROPOLITAN TRANSN METROPOLITAN TRANSN AUTH N Y REV 6.668% 11-15-2039 BEO TAXABLE 314 398 METROPOLITAN WASH METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 7.462 10-01-2046 BEO TAXABLE 1,348 1,418 MUNICIPAL ELEC MUNICIPAL ELEC AUTH GA 6.637% 04-01-2057BEO TAXABLE 2,491 2,496 N.J ECON N.J ECON DEV AUTH ST PENSION FDG REV SER A 7.425 BD 2-15-29 BEO TXBL 1,676 1,566 NEW JERSEY NEW JERSEY ST TPK AUTH TPK REV 7.102% 01-01-2041 BEO TAXABLE 816 1,003 NEW YORK NEW YORK N Y CITY MUN WTR FIN AUTH WTR &SWR SYS REV 5.44% 06-15-2043 BEO TAXABLE 1,867 1,928 NEW YORK NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5.767% 08-01-2036 BEO TAXABLE 1,228 1,261 NEW YORK NEW YORK N Y TAXABLE-SER D-1-BUILD AMER BDS 5.985% DUE 12-01-2036 REG TAXABLE 2,453 2,520 NEW YORK NEW YORK ST DORM AUTH ST PERS INCOME TAXREV 5.628% 03-15-2039 BEO TAXABLE 2,414 2,481 NEW YORK NEW YORK ST URBAN DEV CORP REV 5.77% 03-15-2039 BEO TAXABLE 1,153 1,159 NORTH TEX NORTH TEX TWY AUTH REV 6.718% 01-01-2049BEO TAXABLE 2,226 2,266 NY NY NY NY CTY MUN WTR FIN AUTH WTR & SWR REVBLD AMER BDS 5.724 6-15-2042 REG TXBLE 4,056 4,087 PORT AUTH PORT AUTH N Y & N J 4.458% 10-01-2062 BEO TAXABLE 2,739 2,693 QUEBEC PROV QUEBEC PROV CDA PROVINCE DE QUEBEC GLOBAL NOTE 7.5% DUE 09-15-2029 BEO 2,639 2,638 REGIONAL TRANSN REGIONAL TRANSN DIST COLO SALES TAX REV 5.844% 11-01-2050 BEO TAXABLE 325 326 RUTGERS ST RUTGERS ST UNIV N J 5.665% 05-01-2040 BEO TAXABLE 528 509 SAN FRANCISCO SAN FRANCISCO CALIF CY & CNTY PUB UTILS COMMN WTR REV 6 11-01-2040 BEO TAXABLE 629 615 SAN FRANCISCO SAN FRANCISCO CALIF CY & CNTY PUB UTILS COMMN WTR REV 6.95 11-01-2050 BEOTAXABLE 789 770 SANTA CLARA SANTA CLARA VY CALIF TRANSN AUTH SALES TAX REV 5.876% 04-01-2032 BEO TAXABLE 1,801 1,835 TEXAS TRANSN TEXAS TRANSN COMMN ST HWY FD REV 5.178% 04-01-2030 BEO TAXABLE 2,965 2,943 UNIVERSITY CALIF UNIVERSITY CALIF REVS 4.765% 05-15-2044 BEO TAXABLE 178 180 66,193 67,654 Mortgage Backed Securities CMO CMO STRUCTURED AST SECS CORP 2004-21XS MTG PASSTHRU CL 2-A6A STEP UP 12-25-2034 4 3 SLM STUDENT SLM STUDENT LN TR FLTG SER 2006-2 CL A6 01-25-2041 BEO 1,763 1,881 1,767 1,884 (Continued) 27.
MSI Pension Plan FORM 5500, SCHEDULE H, PART IV, LINE 4i SCHEDULE OF ASSETS (HELD AT END OF THE YEAR) AS OF DECEMBER 31, 2016 (in thousands) Name of Plan Sponsor: Motorola Solutions, Inc. Employer Identification Number: 36-1115800 Three-Digit Plan Number: 003 (c) (b) Description of Investment, Including (e) Identity of Issue, Borrower, Maturity Date, Rate of Interest, (d) Current (a) Lessor, or Similar Party Collateral, and Par or Maturity Value Cost Value Funds - Collective Trust WTC CF WTC CTF EMERGING LOCAL DEBT FUND 34,642 32,401 COPPER MFO COPPER ROCK NON US SMALL CAP EQUITY 35,725 34,583 SSGA MFO SSGA DAILY MSCI EAFE INDEX NL - ZV31NON 130,592 128,413 SSGA MFO SSGA DAILY MSCI EMERGING MARKETS INDEX NL 7,103 7,764 SSGA MFO SSGA MSCI EAFE SMALL CAP INDEX NL ZVYO 7,521 7,748 SSGA MFO SSGA MSCI EMERGING MARKETS INDEX NL QP COMMON TRUST EMFUNL - - SSGA MFO SSGA RUSSELL 2000 INDEX NL FUND - - SSGA MFO SSGA S&P 500 FLAGSHIP NL - CM13 5,024 5,700 * GOLDMAN SACHS MFO GOLDMAN SACHS COLLECTIVE TRUST TACTI CAL EXPOSURE FUND 2422 215,486 215,378 * NORTHERN TRUST COLTV SHORT TERM INVT FD 999 10,560 * NORTHERN TRUST COLTV SHORT TERM INVT FD 1 1 * NORTHERN TRUST COLTV SHORT TERM INVT FD 1 1 437,094 442,549 Funds - Mutual Fund * GOLDMAN SACHS MFO GOLDMAN SACHS LOWER BETA EQUITY FUND 250,705 273,246 * GOLDMAN SACHS MFO GOLDMAN SACHS MM GL EQ-INST 4613 473,855 478,211 * GOLDMAN SACHS MFO GOLDMAN SACHS MM NON-CORE-IS 2469 207,549 204,501 * GOLDMAN SACHS MFO GOLDMAN SACHS MM RL AST-INST 4614 236,858 225,102 FEDERATED MFO FEDERATED INSTL TR HIGH YIELD BD FD INSTL SHS 54,974 56,354 LAZARD MFO LAZARD FDS INC INTL STRATEGIC EQTY PORT INSTL SHS 41,095 39,320 MFS MFO MFS EMERGING MKTS DEBT FD CL I 11,764 11,705 1,276,800 1,288,439 Partnernships BAIN CAPITAL BAIN CAPITAL SENIOR LOAN FUND LP 26,500 28,223 OAKTREE EMERGING OAKTREE EMERGING MARKETS EQUITY FUND (DELAWARE) LP 37,000 42,407 TWO SIGMA TWO SIGMA INTERNATIONAL CORE FUND LP 30,000 31,048 93,500 101,678 Funds - Hedge Fund * GOLDMAN SACHS CF GOLDMAN SACHS MULTI-STRATEGY PORTFOLIO MOTOROLA LTD CL A1 160,000 158,047 * GOLDMAN SACHS CF GOLDMAN SACHS MULTI-STRATEGY PORTFOLIO MOTOROLA LTD SERIES A5 9,500 9,607 169,500 167,654 Invested cash United States United States dollar 50,534 50,578 United States United States dollar 1,700 1,700 United States United States dollar 685 686 United States United States dollar 122,345 122,361 United States United States dollar 7,262 7,266 182,526 182,591 Derivative Assets Futures FUT APR 17 30 DAY INT-RTE - 1.306 Futures FUT MAR 17 CBT 5Y T-NOTE - 13.604 Futures FUT MAR 17 10 YR T-NOTES - 32.906 Futures FUT MAR 17 US 2YR T-NOTE - 56.119 Futures FUT MAR 17 CBT ULT TNOTE - 80.203 Futures FUT MAR 17 U.S. T-BONDS - 583.2 Futures FUT MAR 17 U.S. T-BONDS - 768.153 Swaps CDS / STS ICE_MSCSUS SELL PROTECTION ON CDX NAIGS27V1 5Y 12-20-2021 CX002811-240.206 Swaps LCH_IRS LCH_MSCSUS USD P 3M LIBOR/R 2.25% 12/19/2019 IR210089-27.429 Swaps LCH_IRS LCH_MSCSUS USD P 3M LIBOR/R 2.25% 12/20/2019 IR210100-74.002-1,877 Derivative Liabilities Futures FUT MAR 17 CBT UL T-BONDS - (7,410) Futures FUT MAR 17 EMINI S&P 500 - (499) Futures FUT MAR 17 CBT UL T-BONDS - (355) Futures FUT MAR 17 CBT ULT TNOTE - (163) Futures FUT MAR 17 CBT 5Y T-NOTE - (86) Futures FUT MAR 17 10 YR T-NOTES - (36) Futures FUT MAR 17 US 2YR T-NOTE - (23) Swaps CDS / STS ICE_MSCSUS 12-20-2021 CX002811 - (903) Swaps CDS / STS ICE_MSCSUS SELL PROTECTION ON CDX NAIGS27V1 5Y 12-20-2021 CX002811 - (0) Swaps LCH_IRS LCH_MSCSUS USD P 2.25%/R 3M LIBOR 03/15/2037 IR210063 - (849) Swaps LCH_IRS LCH_MSCSUS USD P 1.5%/R 3M LIBOR 03/15/2020 IR210060 - (76) Swaps LCH_IRS LCH_MSCSUS USD P 2.79%/R 3M LIBOR 12/20/2028 IR210099 - (2) Swaps LCH_IRS LCH_MSCSUS USD P 2.6%/R 3M LIBOR 12/19/2023 IR210090 - (1) - (10,403) Grand Total 3,287,561 3,331,066 * Represents a party-in-interest to the Plan 28.
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Schedule SB, line 26 Schedule of Active Participant Data as of January 1, 2016 Attained Age Number of Participants and Average Accrued Benefit Years of Credited Service <1 1-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40+ <25 25-29 11 28 30-34 $10,266 41 249 51 35-39 $5,917 $13,712 $17,056 27 258 294 49 40-44 $6,063 $13,195 $18,744 $23,387 26 194 232 318 68 45-49 $5,081 $10,578 $18,387 $29,350 $31,092 15 140 160 252 280 60 50-54 $8,774 $17,427 $29,311 $43,522 $43,335 14 93 104 116 166 173 51 55-59 $7,432 $17,396 $27,617 $38,406 $46,626 $39,049 8 48 42 63 64 82 91 1 60-64 $5,343 $16,184 $20,411 $27,427 $43,377 $41,958 65-69 1 12 12 13 10 8 18 70+ 1 1 1 2 3 1 N-3,952 Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_LINE26 SCH ACTIVE PARTICIPANT DATA.DOCX/001-Z5-58529 09/2017 Page 1 of 1
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Schedule SB, Part V Statement of Actuarial Assumptions/Methods Interest Rates for Minimum Funding Purposes 1st Segment Rate 2nd Segment Rate 3rd Segment Rate Interest Rates for Maximum Tax Purposes 1st Segment Rate 2nd Segment Rate 3rd Segment Rate Optional Payment Form Election Percentage Portable Active Participants Portable Participants Terminated in Prior Year Portable Participants Terminated Before Prior Year Traditional Participants Lump Sum Conversion Interest Rate Lump Sum Conversion Mortality Based on segment rates with a four-month lookback (as of September 2015), each adjusted as needed to fall within the 25-year average interest rate stabilization corridor 4.43% 5.91% 6.65% Based on segment rates with a four-month lookback (as of September 2015), without regard to interest rate stabilization 1.34% 4.03% 5.06% 60% elect an immediate lump sum 40% elect a lump sum deferred to age 64 25% elect an immediate lump sum 75% elect a lump sum deferred to age 64 100% elect a lump sum deferred to age 64 65% elect a joint and 75% survivor annuity 35% elect a single life annuity Same as funding interest rates above for lump sums Current IRC section 417(e) table for lump sums Optional Payment Form Conversion Interest Rate 6.00% Optional Payment Form Conversion Mortality Retirement Age Active Participants Portable Terminated Vested Participants Traditional Terminated Vested Participants 1994 GAR projected to 2002 with scale AA See Table 1 Age 64 Age 62 Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_PARTV STMT OF ACTUARIAL ASSUMPTIONS-METHODS.DOCX/001-Z5-58529 09/2017 Page 1 of 8
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Mortality Rates Healthy and Disabled 2016 static mortality table for annuitants and nonannuitants per 1.430(h)(3)-1(e) Withdrawal Rates See Table 2 Withdrawal Rates See Table 3 Decrement Timing Surviving Spouse Benefit Portable Participants Traditional Participants Benefit Limits Valuation of Plan Assets 1 Middle of year decrements (except that retirement is assumed to occur at the beginning of the year for ages where the assumed retirement rate is 100%) It is assumed that 100% of males and 100% of females have an eligible spouse, and that males are three years older than their spouses. It is assumed that 85% of males and 85% of females have an eligible spouse, and that males are three years older than their spouses. Projected benefits are limited by the current IRC section 415 maximum benefit of $210,000. Smoothed fair market value of assets over the current and prior two years, adjusted for contributions, benefit payments, administrative expenses, and expected earnings. The average value of assets calculated in this manner is further limited to not less than 90% nor more than 110% of fair market value. A characteristic of this method is that the expected distribution of the value of plan assets is skewed toward understatement relative to the corresponding market values for expected longterm rates of return in excess of the third segment rate under IRC section 430(h)(2)(C)(iii). Trust Expenses Included in Target Normal Cost Actuarial Method Based on prior year's actual plan administrative expense (excluding PBGC premiums) plus the expected PBGC premiums for the current year. Standard unit credit cost method Valuation Date January 1, 2016 1 The Valuation of Plan Assets at January 1, 2015 was set equal to the fair market value of assets due to the plan spinoff at September 15, 2014. Asset smoothing begins at January 1, 2016. Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_PARTV STMT OF ACTUARIAL ASSUMPTIONS-METHODS.DOCX/001-Z5-58529 09/2017 Page 2 of 8
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Table 1 Retirement Rates Age Rate 55 4.00% 56 4.00% 57 4.00% 58 4.00% 59 4.00% 60 4.00% 61 4.00% 62 10.00% 63 10.00% 64 10.00% 65 30.00% 66 30.00% 67 30.00% 68 30.00% 69 30.00% 70+ 100.00% Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_PARTV STMT OF ACTUARIAL ASSUMPTIONS-METHODS.DOCX/001-Z5-58529 09/2017 Page 3 of 8
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Table 2 Page 1 of 4 Withdrawal Rates Male Years of Service Age 0 1 2 3 4 5+ 15 69.5364% 62.0364% 54.5364% 39.5364% 24.5364% 9.5364% 16 67.1347% 59.9347% 52.7347% 38.3347% 23.9347% 9.5347% 17 64.7328% 57.8328% 50.9328% 37.1328% 23.3328% 9.5328% 18 62.3308% 55.7308% 49.1308% 35.9308% 22.7308% 9.5308% 19 59.9286% 53.6286% 47.3286% 34.7286% 22.1286% 9.5286% 20 57.5261% 51.5261% 45.5261% 33.5261% 21.5261% 9.5261% 21 55.0787% 49.3787% 43.6787% 32.2787% 20.8787% 9.4787% 22 52.6304% 47.2304% 41.8304% 31.0304% 20.2304% 9.4304% 23 50.1803% 45.0803% 39.9803% 29.7803% 19.5803% 9.3803% 24 47.7268% 42.9268% 38.1268% 28.5268% 18.9268% 9.3268% 25 45.2690% 40.7690% 36.2690% 27.2690% 18.2690% 9.2690% 26 42.8057% 38.6057% 34.4057% 26.0057% 17.6057% 9.2057% 27 40.3358% 36.4358% 32.5358% 24.7358% 16.9358% 9.1358% 28 37.8581% 34.2581% 30.6581% 23.4581% 16.2581% 9.0581% 29 35.3719% 32.0719% 28.7719% 22.1719% 15.5719% 8.9719% 30 32.8759% 29.8759% 26.8759% 20.8759% 14.8759% 8.8759% 31 32.7692% 29.7692% 26.7692% 20.7692% 14.7692% 8.7692% 32 32.6518% 29.6518% 26.6518% 20.6518% 14.6518% 8.6518% 33 32.5226% 29.5226% 26.5226% 20.5226% 14.5226% 8.5226% 34 32.3821% 29.3821% 26.3821% 20.3821% 14.3821% 8.3821% 35 32.2300% 29.2300% 26.2300% 20.2300% 14.2300% 8.2300% 36 32.0676% 29.0676% 26.0676% 20.0676% 14.0676% 8.0676% 37 31.8960% 28.8960% 25.8960% 19.8960% 13.8960% 7.8960% 38 31.7162% 28.7162% 25.7162% 19.7162% 13.7162% 7.7162% 39 31.5292% 28.5292% 25.5292% 19.5292% 13.5292% 7.5292% 40 31.3355% 28.3355% 25.3355% 19.3355% 13.3355% 7.3355% 41 31.1327% 28.1327% 25.1327% 19.1327% 13.1327% 7.1327% 42 30.9182% 27.9182% 24.9182% 18.9182% 12.9182% 6.9182% 43 30.6919% 27.6919% 24.6919% 18.6919% 12.6919% 6.6919% 44 30.4520% 27.4520% 24.4520% 18.4520% 12.4520% 6.4520% Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_PARTV STMT OF ACTUARIAL ASSUMPTIONS-METHODS.DOCX/001-Z5-58529 09/2017 Page 4 of 8
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Table 2 Page 2 of 4 Withdrawal Rates Male Years of Service Age 0 1 2 3 4 5+ 45 30.1960% 27.1960% 24.1960% 18.1960% 12.1960% 6.1960% 46 29.9149% 26.9149% 23.9149% 17.9149% 11.9149% 5.9149% 47 29.5972% 26.5972% 23.5972% 17.5972% 11.5972% 5.5972% 48 29.2327% 26.2327% 23.2327% 17.2327% 11.2327% 5.2327% 49 28.8140% 25.8140% 22.8140% 16.8140% 10.8140% 4.8140% 50 28.3393% 25.3393% 22.3393% 16.3393% 10.3393% 4.3393% 51 25.4164% 22.7164% 20.0164% 14.6164% 9.2164% 3.8164% 52 22.4621% 20.0621% 17.6621% 12.8621% 8.0621% 3.2621% 53 19.4987% 17.3987% 15.2987% 11.0987% 6.8987% 2.6987% 54 16.5518% 14.7518% 12.9518% 9.3518% 5.7518% 2.1518% 55 13.6456% 12.1456% 10.6456% 7.6456% 4.6456% 1.6456% 56 13.1994% 11.6994% 10.1994% 7.1994% 4.1994% 1.1994% 57 12.8256% 11.3256% 9.8256% 6.8256% 3.8256% 0.8256% 58 12.5297% 11.0297% 9.5297% 6.5297% 3.5297% 0.5297% 59 12.3096% 10.8096% 9.3096% 6.3096% 3.3096% 0.3096% 60 0.1578% 0.1578% 0.1578% 0.1578% 0.1578% 0.1578% 61 0.0642% 0.0642% 0.0642% 0.0642% 0.0642% 0.0642% 62 0.0164% 0.0164% 0.0164% 0.0164% 0.0164% 0.0164% 63+ 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_PARTV STMT OF ACTUARIAL ASSUMPTIONS-METHODS.DOCX/001-Z5-58529 09/2017 Page 5 of 8
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Table 2 Page 3 of 4 Withdrawal Rates Female Years of Service Age 0 1 2 3 4 5+ 15 74.3364% 66.8364% 59.3364% 44.3364% 29.3364% 14.3364% 16 71.9347% 64.7347% 57.5347% 43.1347% 28.7347% 14.3347% 17 69.5328% 62.6328% 55.7328% 41.9328% 28.1328% 14.3328% 18 67.1308% 60.5308% 53.9308% 40.7308% 27.5308% 14.3308% 19 64.7286% 58.4286% 52.1286% 39.5286% 26.9286% 14.3286% 20 62.3261% 56.3261% 50.3261% 38.3261% 26.3261% 14.3261% 21 59.8568% 54.1568% 48.4568% 37.0568% 25.6568% 14.2568% 22 57.3850% 51.9850% 46.5850% 35.7850% 24.9850% 14.1850% 23 54.9101% 49.8101% 44.7101% 34.5101% 24.3101% 14.1101% 24 52.4316% 47.6316% 42.8316% 33.2316% 23.6316% 14.0316% 25 49.9490% 45.4490% 40.9490% 31.9490% 22.9490% 13.9490% 26 47.4618% 43.2618% 39.0618% 30.6618% 22.2618% 13.8618% 27 44.9694% 41.0694% 37.1694% 29.3694% 21.5694% 13.7694% 28 42.4709% 38.8709% 35.2709% 28.0709% 20.8709% 13.6709% 29 39.9655% 36.6655% 33.3655% 26.7655% 20.1655% 13.5655% 30 37.4514% 34.4514% 31.4514% 25.4514% 19.4514% 13.4514% 31 37.3264% 34.3264% 31.3264% 25.3264% 19.3264% 13.3264% 32 37.1884% 34.1884% 31.1884% 25.1884% 19.1884% 13.1884% 33 36.9800% 34.0340% 31.0340% 25.0340% 19.0340% 13.0340% 34 36.8606% 33.8606% 30.8606% 24.8606% 18.8606% 12.8606% 35 36.6648% 33.6648% 30.6648% 24.6648% 18.6648% 12.6648% 36 36.4442% 33.4442% 30.4442% 24.4442% 18.4442% 12.4442% 37 36.1962% 33.1962% 30.1962% 24.1962% 18.1962% 12.1962% 38 35.9194% 32.9194% 29.9194% 23.9194% 17.9194% 11.9194% 39 35.6123% 32.6123% 29.6123% 23.6123% 17.6123% 11.6123% 40 35.2748% 32.2748% 29.2748% 23.2748% 17.2748% 11.2748% 41 34.9034% 31.9034% 28.9034% 22.9034% 16.9034% 10.9034% 42 34.4951% 31.4951% 28.4951% 22.4951% 16.4951% 10.4951% 43 34.0505% 31.0505% 28.0505% 22.0505% 16.0505% 10.0505% 44 33.5699% 30.5699% 27.5699% 21.5699% 15.5699% 9.5699% Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_PARTV STMT OF ACTUARIAL ASSUMPTIONS-METHODS.DOCX/001-Z5-58529 09/2017 Page 6 of 8
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Table 2 Page 4 of 4 Withdrawal Rates Female Years of Service Age 0 1 2 3 4 5+ 45 33.0536% 30.0536% 27.0536% 21.0536% 15.0536% 9.0536% 46 32.4979% 29.4979% 26.4979% 20.4979% 14.4979% 8.4979% 47 31.8972% 28.8972% 25.8972% 19.8972% 13.8972% 7.8972% 48 31.2473% 28.2473% 25.2473% 19.2473% 13.2473% 7.2473% 49 30.5467% 27.5467% 24.5467% 18.5467% 12.5467% 6.5467% 50 29.8000% 26.8000% 23.8000% 17.8000% 11.8000% 5.8000% 51 26.6210% 23.9210% 21.2210% 15.8210% 10.4210% 5.0210% 52 23.4325% 21.0325% 18.6325% 13.8325% 9.0325% 4.2325% 53 20.2601% 18.1601% 16.0601% 11.8601% 7.6601% 3.4601% 54 17.1314% 15.3314% 13.5314% 9.9314% 6.3314% 2.7314% 55 14.0717% 12.5717% 11.0717% 8.0717% 5.0717% 2.0717% 56 13.4999% 11.9999% 10.4999% 7.4999% 4.4999% 1.4999% 57 13.0268% 11.5268% 10.0268% 7.0268% 4.0268% 1.0268% 58 12.6557% 11.1557% 9.6557% 6.6557% 3.6557% 0.6557% 59 12.3815% 10.8815% 9.3815% 6.3815% 3.3815% 0.3815% 60 0.1937% 0.1937% 0.1937% 0.1937% 0.1937% 0.1937% 61 0.0785% 0.0785% 0.0785% 0.0785% 0.0785% 0.0785% 62 0.0200% 0.0200% 0.0200% 0.0200% 0.0200% 0.0200% 63+ 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% 0.0000% Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_PARTV STMT OF ACTUARIAL ASSUMPTIONS-METHODS.DOCX/001-Z5-58529 09/2017 Page 7 of 8
Schedule SB Attachment (Form 5500) 2016 Plan Year MSI Pension Plan EIN: 36-1115800 PN: 003 Table 3 Disability Rates Age Rate Age Rate 15 0.079% 45 0.228% 16 0.079% 46 0.259% 17 0.079% 47 0.290% 18 0.079% 48 0.325% 19 0.079% 49 0.360% 20 0.079% 50 0.400% 21 0.079% 51 0.445% 22 0.079% 52 0.490% 23 0.079% 53 0.542% 24 0.079% 54 0.600% 25 0.079% 55 0.663% 26 0.079% 56 0.740% 27 0.079% 57 0.820% 28 0.079% 58 0.905% 29 0.079% 59 0.992% 30 0.079% 60 1.090% 31 0.079% 61 1.200% 32 0.079% 62 1.320% 33 0.079% 63 1.480% 34 0.079% 64 1.682% 35 0.079% 65 1.682% 36 0.080% 66+ 0.000% 37 0.081% 38 0.091% 39 0.104% 40 0.118% 41 0.133% 42 0.152% 43 0.174% 44 0.201% Aon Hewitt Retirement & Investment Proprietary & Confidential 003_SB_PARTV STMT OF ACTUARIAL ASSUMPTIONS-METHODS.DOCX/001-Z5-58529 09/2017 Page 8 of 8