1. Ed Gams
Sr. VP & Director
Investor Relations
(847) 576-6873
or
Bob Hubberts
Manager
Investor Relations
(847) 576-4995
FOR IMMEDIATE RELEASE
April 16, 2002
MOTOROLA REPORTS FIRST-QUARTER RESULTS
?? Results exceed consensus expectations and earlier guidance
?? Positive operating cash flow of approximately $150 million
SCHAUMBURG, Ill. - Motorola, Inc. (NYSE:MOT) today reported sales
of $6.0 billion in the first quarter of 2002. For ongoing
operations, which exclude exited businesses, this is a decrease
of 20 percent from $7.5 billion a year earlier. Excluding special
items, the company incurred a net loss of $174 million, or (8)
cents per share, compared with a net loss of $211 million, or
(10) cents per share, in the year-ago quarter.
Edward Breen, president and chief operating officer, said,
“We are making solid progress in repositioning Motorola to return
to profitability in the second half of this year as our end
markets recover. We have demonstrated the ability to lower our
break-even sales level, which is now reduced by more than 20
percent from its peak in 2000. Our focus on balance sheet
management continues to yield solid results. During the past
quarter, we generated operating cash flow of approximately $150
million on top of the $2.0 billion generated for the full year
2001.”
1

2. In the first quarter of 2002, Motorola reported special
items resulting in a net charge of $388 million pre-tax, or $275
million after-tax. In the first quarter of 2001, Motorola
reported special items resulting in a net charge of $279 million
pre-tax, or $327 million after-tax. (Details of the special items
are presented in a table preceding the footnotes at the end of
this press release.)
Presented on an as reported basis in accordance with U.S.
generally accepted accounting principles (GAAP), the company
reported first-quarter 2002 sales of $6.0 billion, compared with
sales of $7.7 billion a year earlier. The GAAP net loss was $449
million, or (20) cents per share, compared with a net loss of
$533 million, or (24) cents per share, for the first quarter of
2001.
Breen reviewed the following results of major operations for
the first quarter of 2002 compared with the first quarter of
2001. This review is based on ongoing operations, excluding
special items.
Personal Communications Segment
Segment sales were $2.3 billion, up 1 percent from the
comparable year-ago quarter. Orders were $2.5 billion, down 11
percent from a year ago. Excluding special items, the segment
recorded operating earnings of $108 million versus an operating
loss of $382 million a year ago.
This was the segment’s third consecutive quarter of positive
operating earnings. Improvements in operating earnings, versus
last year, were driven by improved gross margins, lower research
and development expenses and lower selling, general and
administrative expenses.
During the quarter, Motorola introduced a host of new products
from its 2002 portfolio, including six new, distinctively designed
handsets, three existing handset models with additional enhanced
technology and eight companion accessories that provide additional
2

3. entertainment and functionality. Among the new handsets are the A820
and the i95cl iDEN handsets. Motorola’s A820 meets a full array of
enterprise communication and entertainment needs in one handheld,
compact device with a color display and is expected to be the first
commercially available handset for third generation (3G) systems. The
i95cl boasts a large color display that utilizes the advantages of
Java™ technology by enabling enhanced current mobile applications
including entertainment and graphics, and future applications
including mapping and streaming video.
The new 2002 portfolio includes fashionable form factors
such as the quot;swivel-flipquot; V70 handset; color displays on the
T720, A820, i95cl and the entire set of offerings for Korea; and
Enhanced Messaging Service (EMS) capabilities featured on models
including the A388, T720, and C330, which are winning marketplace
recognition. Additionally, at the entry level, the C330 provides
the youth/mass-market segment a cost-effective and feature-rich
wireless communication handset with EMS, polyphonic audio, and
digital and physical personalization options for both carriers
and consumers.
On April 15, Motorola said it plans to collaborate with
Siemens Information and Communication Mobile to develop new
handsets for Universal Mobile Telecommunications Systems (UMTS)
based on Motorola’s i.300 Innovative Convergence™ platform (for
more information see Semiconductor Products Segment report
below). Motorola also said it would, starting in the fourth
quarter, supply Siemens with Motorola’s new A820 handset which
Siemens will, in turn, market under its own name. It's the first
time Motorola will manufacture handsets that will be sold to a
competing wireless handset producer. Motorola’s A820 handset is
based on the i.300 Innovative Convergence platform.
Motorola also continued to strengthen its leadership
position in 2.5 generation (2.5G) General Packet Radio Service
(GPRS) and Java 2 Platform, Micro Edition (J2ME™), which enable
consumers to continually upgrade the applications on a device.
3

4. Motorola today has a broad product portfolio, including more than
a dozen wireless phones with J2ME technology, a robust Java
download solution, more than 100 branded applications and a full-
service program to assist software developers in creating and
certifying new wireless applications.
To help drive the availability of applications and services,
Motorola launched its Mobile Services Café, which includes a rich
menu of mobile services, applications and middleware. This
enables network operators to more quickly offer customers a wide
selection of content and services that can be customized to help
transform any Internet-enabled mobile device into an quot;extensionquot;
of the user’s personality and preferences.
Global Telecom Solutions Segment
Segment sales were $1.1 billion, down 36 percent compared to
a year ago. Orders declined 17 percent to $1.3 billion.
Excluding special items, the segment reported an operating loss
of $49 million, compared with operating earnings of $42 million a
year ago. The loss was due to lower sales.
During the quarter, Japan’s KDDI successfully launched its
third generation (3G) Code Division Multiple Access (CDMA) 2000
1X network services nationwide using Motorola equipment. Motorola
also announced two other major contracts in Asia, a $253 million
Global System for Mobile (GSM) communications system with TA
Orange in Thailand and a $170 million dual-band GSM network
contract with Telkomsel in Indonesia. In January, China Unicom
launched its nationwide CDMA network services for which Motorola
was the largest infrastructure provider.
Motorola completed its first UMTS voice call that is in
compliance with Third Generation Partnership Project Standard
Release 99 version. The achievement is a major step towards
successful deployment of future UMTS networks.
4

5. Commercial, Government and Industrial Solutions Segment
Segment sales were $799 million, down 10 percent compared to
a year ago. Orders decreased 12 percent to $874 million.
Operating earnings, excluding special items, increased to $53
million from $43 million a year ago. Improvements in operating
earnings, versus last year, were driven by lower research and
development expenses and lower selling, general and
administrative expenses.
During the quarter, Motorola received an order from ARINC
Incorporated for 25,000 handheld data terminals that will be used
by the air transport industry for cargo tracking and positive bag
matching as well as asset and security management at airports.
Motorola also received an order from Montgomery County, Penn., to
upgrade its public safety voice and data systems and was awarded
a contract to supply an 800 MHz iDEN system to Unicom Guomai, the
leading public access mobile radio service provider in China.
Other equipment orders were received in China, Egypt, El
Salvador, Haiti, Indonesia, Japan, Saudi Arabia, the United
States and Venezuela.
Motorola successfully implemented South Africa’s first
digital public safety radio system, a TETRA-compliant system in
the City of Cape Town. Motorola also announced it will design,
manufacture and market infrastructure and portable and mobile
two-way radio products for use in the 220 MHz band by enterprises
and private carriers in the U.S.
Motorola’s Printrak subsidiary will provide a Regional
Automated Fingerprint Identification Access System for use
throughout Canada. The subsidiary will also provide a Canada-wide
security network for airports and border patrol sites based on
Motorola’s LiveScan Station 3000N™ product, an integrated booking
solution with mugshot, palm and fingerprint capabilities in a
single, stand-alone unit.
5

6. Broadband Communications Segment
Segment sales were $525 million, down 36 percent compared to
a year ago. Orders decreased 41 percent to $537 million as a
result of the continuing slow down by cable operators in making
capital investments and deploying subscriber equipment. Operating
earnings, excluding special items, decreased to $59 million
compared with $118 million a year ago due to the decline in sales
partially offset by aggressive product cost reductions, supply
chain savings and overhead cost control actions in 2001.
In the first quarter, Motorola completed its acquisition of
Synchronous, Inc., a leading provider of fiber optic transmission
systems for video, data and voice transmission. The acquisition
expands Motorola’s existing optical product suite with best-in-
class optical networking capabilities, including Synchronous’
1550nm technology.
Time Warner Cable approved Motorola’s Omnistar GX2 optical
broadband transmission platform, the first to meet Time Warner
Cable’s stringent standards for next-generation, 1310nm high-
density optical transmitters. In Germany, eKabel awarded Motorola
the network upgrade for its existing broadband network.
Motorola was selected by Digeo, Inc. to collaboratively
design and manufacture a new class of advanced set-top devices
called broadband media centers (BMC). Charter Communications is
expected to be the first cable operator to deploy the BMC this
fall.
Motorola also announced a new SURFboard® cable modem retail
distribution agreement with Micro Center, a national computer
retailer operating in 17 major U.S. markets. Through February,
industry market data indicates that Motorola has outsold all
other modem suppliers combined in retail outlets.
Motorola and Nortel announced an agreement to create and
deliver an integrated voice over IP (VoIP) solution for the
broadband cable market. This non-exclusive agreement is intended
to simplify the deployment of VoIP equipment by broadband network
operators worldwide.
6

7. Shortly after the quarter ended, Motorola announced that Cox
Communications of Las Vegas, one of the fastest-growing regional
cable systems, had surpassed industry norms by supporting more
than 14,500 cable modem customers on a single Motorola Broadband
Services Router (BSR 64000).
Semiconductor Products Segment
Segment sales were $1.1 billion, down 26 percent compared to
the year-ago quarter. Orders were up 18 percent to $1.3 billion.
Excluding special items, the segment had an operating loss of
$226 million versus an operating loss of $95 million a year ago.
The larger loss compared to the year-ago quarter was due to the
decline in sales. The losses reported during both quarters were
the result of the worldwide semiconductor industry’s sharpest
decline in history.
On April 12, Motorola announced plans to join two other
leading semiconductor manufacturers, Philips and
STMicroelectronics, to create a five-year, jointly funded
alliance aimed at developing breakthrough, future-generation
technologies and chipset solutions more quickly and cost-
effectively. Sharing the development costs of advanced
technologies is a significant next step in the implementation of
the segment’s new business model. The alliance is expected to
reduce Motorola’s expenses and capital investments associated
with maintaining a leadership position in next generation process
technology. Initial savings from the venture are anticipated in
late 2003 and are eventually expected to reduce by two-thirds the
cost of maintaining this aspect of the segment’s process
technology roadmap.
On April 15, Motorola said it plans to supply Siemens
Information and Communication Mobile with its new i.300
Innovative Convergence platform chips for building third
generation 3G handsets in early 2004. Motorola’s i.300 is a
7

8. comprehensive, integrated solution that provides mobile handset
users faster Internet access on 3G UMTS wireless systems.
During the first quarter, Motorola announced that Eastern
Communications Co. Ltd. (Eastcom) had selected the i.250
Innovative Convergence 2.5G wireless platform to develop state-
of-the-art cellular phones for GSM/GPRS. Eastcom, a large
manufacturer of cellular handsets in China, now joins Benq
Corporation (formerly Acer Communication and Multimedia, Inc.)
and Siemens as the third merchant market customer to select
Motorola’s silicon-to-software platform to build either 2.5G or
3G wireless handsets.
Siemens VDO Automotive, one of the world's largest suppliers
of automotive electronic systems, chose Motorola's MPC500 family
of 32-bit micro-controllers for its integrated power-train
management systems to increase fuel economy and reduce emissions.
An agreement was also announced with Fonix® Corporation to
integrate that company's software development kit for embedded
speech recognition technology with Motorola's mobileGT™
development platform for automotive telematics systems. This
will enable auto manufacturers to use speech recognition to
provide drivers with hands-free management of radios, security
systems and climate controls.
Integrated Electronic Systems Segment
Segment sales were $509 million, down 20 percent compared to
a year ago. Orders increased 11 percent to $570 million.
Excluding special items, the segment reported operating earnings
of $24 million versus $22 million a year ago.
During the quarter, Automotive Communications and Electronic
Systems Group sales were up and orders increased very
significantly.
Motorola Computer Group sales and orders were down very
significantly due to the continuing slump in the
telecommunications industry.
8

9. Energy Systems Group sales were lower, however, orders
increased compared to the year-ago quarter. The group reported
another record quarter of shipments of notebook computer battery
packs to manufacturers of personal computers.
Review and Outlook
Christopher B. Galvin, Motorola's chairman and CEO, said
quot;These are challenging and turbulent markets worldwide and
economic and political volatility makes predictions uncertain.
Still, we continue to believe Motorola will return to
profitability during the second half of 2002 and be profitable
for the full year, excluding special items and barring any
unforeseen political or economic disruptions. We also believe the
U.S. and global economies should firm in the second half of 2002
and further improve in 2003 given stable world affairs.
“Motorola will continue to achieve its improving financial
performance by adhering to my five-point plan to enhance
shareholder value: continual strengthening of our management
team; an aggressive focus on the balance sheet; lowering the
break-even sales level by reducing selling, general and
administrative expenses and manufacturing costs; growth through
innovative products, software applications and customer
relationships; and constant evaluation of strategic options and
business portfolio.
”Over the last 18 months I have named new leaders in
approximately 70 percent of Motorola’s 100 most leveraged
management positions corporate-wide. This refreshed leadership
team shares a commitment to our shareholders to operate with
extraordinary financial discipline. We intend to excel in every
aspect of our business, to exceed the expectations of our
customers, to drive profits and cash, to return Motorola to it’s
historic double-digit growth in the major business segments we
serve and to enhance value for our shareholders.”
9

10. Consolidated Results for Ongoing Operations, Excluding Results of
Businesses Sold and Special Items
Excluding the results of the two businesses sold during 2001
and special items, a comparison of results from ongoing
operations is as follows:
(Dollars in millions, except per-share amounts)
First Quarter
2002 2001
Sales $6,023 $7,486
Net Loss $(174) $(211)
Net Loss Per Share $(.08) $(.10)
Net Margin on Sales -2.9% -2.8%
Consolidated GAAP Results
On an as reported GAAP basis, a comparison of results from
operations is as follows:
(Dollars in millions, except per-share amounts)
First Quarter
2002 2001
Sales $6,023 $7,683
Net Loss $(449) $(533)
Net Loss Per Share $(.20) $(.24)
Net Margin on Sales -7.5% -6.9%
Special Items Description:
For the first quarters of 2002 and 2001, respectively,
Motorola reported special items as follows:
(Dollars in millions, bracketed amounts represent income)
First Quarter
2002 2001
Employee Severance $53 $220
Exit Costs (1) 33
10

11. Fixed Asset Impairments 155 108
Investment Impairments 188 29
Goodwill/Intangible Asset
Impairments -- 72
Amortization of Intangibles/
Goodwill 14 43
In-Process Research and
Development Charges 11 --
Product Portfolio
Simplification Write-Offs -- 404
Other (21) (16)
Gains on Sales of
Investments and Businesses (11) (614)
Pre-tax Special Items 388 279
Income Tax Provision (113) 48
After-tax Special Items $275 $327
Notes:
The use of the word “significant” in this press release indicates
a change of greater than 25 percent. The use of the words “very
significant” indicates a change of greater than 50 percent.
Business Risks:
Statements in this press release that are not historical facts are
forward-looking statements based on current expectations that involve
risks and uncertainties. Such forward-looking statements include, but
are not limited to, statements about: the company’s return to
profitability; the impact of strategic alliances including the new
semiconductor alliance; the impact of design wins on sales and
earnings; the commercial availability and performance of new products
and applications; as well as, the statements in quot;Review and Outlookquot;.
Motorola wishes to caution the reader that the factors below and those
on pages F-35 through F-40 of the appendix to Motorola's Proxy
Statement for the 2002 annual meeting of stockholders and in its other
SEC filings could cause Motorola's actual results to differ materially
from those stated in the forward-looking statements. These factors
include: (i) the company's ability to effectively carry out the planned
cost-reduction actions; (ii) the potential for unanticipated results
from cost-reduction activities on productivity; (iii) the rate of the
recovery in the overall economy and the uncertainty of current economic
conditions; (iv) the impact of ongoing tax relief, interest rate
reduction and liquidity infusion efforts to stimulate the economy; (v)
lack of predictability of future operating results; (vi) the decline in
11

12. the telecommunications, semiconductor and broadband industries; (vii)
the company's continuing ability to access the capital markets on
favorable terms; (viii) demand for the company's products, including
products related to new technologies; (ix) the company's ability to
continue to increase profitability and market share in its wireless
handset business; (x) the company's success in the emerging 3G market;
(xi) the demand for vendor financing and the company's ability to
provide that financing in order to remain competitive; (xii) unexpected
liabilities or expenses, including unfavorable outcomes to any
currently pending or future litigation, including any relating to the
Iridium project; (xiii) the levels at which design wins become actual
orders and sales; (xiv) the success of alliances and agreements with
other companies to develop new products, technologies and services;
(xv) difficulties in integrating the operations of newly acquired
businesses and achieving strategic objectives, cost savings and other
benefits; (xvi) volatility in the market value of securities held by
Motorola; (xvii) the impact of foreign currency fluctuations; and
(xviii) the impact of changes in governmental policies, laws or
regulations.
About Motorola:
MOTOROLA and the Stylized M Logo are registered in the U.S.
Patent & Trademark Office. All other product or service names are
the property of their respective owners. Motorola, Inc. 2002
Java and all other Java-based marks are trademarks or registered
trademarks of Sun Microsystems, Inc. in the U.S. and other
countries.
Motorola, Inc. (NYSE:MOT) is a global leader in providing
integrated communications and embedded electronic solutions.
Sales in 2001 were $30 billion.
###
12

13. Motorola, Inc. and Subsidiaries
Consolidated Statements of Operations
(In millions, except per share amounts)
For the Quarter Ended March 30, 2002
Ongoing
Exited Operations
Special Items Excluding Businesses Excluding
GAAP Results Inc/(Exp) Special Items Inc/(Exp) Special Items
Net sales $ 6,023 $ -$ 6,023 $ -$ 6,023
Costs of sales 4,249 (8) 4,241 - 4,241
Gross margin 1,774 (8) 1,782 - 1,782
Selling, general and administrative expenses 1,035 (2) 1,033 - 1,033
Research and development expenses 892 - 892 - 892
Reorganization of businesses 198 (198) - - -
Other charges 3 (3) - - -
Operating loss (354) (211) (143) - (143)
Other income/(expense)
Interest expense, net (116) - (116) - (116)
Gains on sales of investments and businesses 11 11 - - -
Other (192) (188) (4) - (4)
Total other income/(expense) (297) (177) (120) - (120)
Loss before income taxes (651) (388) (263) - (263)
Income tax provision (202) 113 (89) - (89)
Net loss $ (449) $ (275) $ (174) $ -$ (174)
Net loss per common share
Basic $ (0.20) $ (0.08)
Diluted $ (0.20) $ (0.08)
Weighted average common shares outstanding
Basic 2,253.5 2,253.5
Diluted 2,253.5 2,253.5
Dividends paid per share $ 0.04 $ 0.04
Net margin on sales -7.5% -2.9%
Return on average invested capital -19.0%
For the Quarter Ended March 31, 2001
Ongoing
Exited Operations
Special Items Excluding Businesses Excluding
GAAP Results Inc/(Exp) Special Items Inc/(Exp) Special Items
Net sales $ 7,683 $ -$ 7,683 $ 197 $ 7,486
Costs of sales 6,117 (524) 5,593 (135) 5,458
Gross margin 1,566 (524) 2,090 62 2,028
Selling, general and administrative expenses 1,187 (27) 1,160 (42) 1,118
Research and development expenses 1,172 - 1,172 (11) 1,161
Reorganization of businesses 241 (241) - - -
Other charges 72 (72) - - -
Operating earnings (loss) (1,106) (864) (242) 9 (251)
Other income/(expense)
Interest expense, net (61) - (61) (2) (59)
Gains on sales of investments and businesses 614 614 - - -
Other (38) (29) (9) - (9)
Total other income/(expense) 515 585 (70) (2) (68)
Earnings (loss) before income taxes (591) (279) (312) 7 (319)
Income tax provision (58) (48) (106) (2) (108)
Net earnings (loss) $ (533) $ (327) $ (206) $ 5$ (211)
13

14. Motorola, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(In millions)
ASSETS March 30, December 31,
2002 2001
Cash and cash equivalents $ 5,879 $ 6,082
Short-term investments 121 80
Accounts receivable, net 4,115 4,583
Inventories, net 2,530 2,756
Other current assets 3,623 3,648
Total current assets 16,268 17,149
Property, plant and equipment, net 8,288 8,913
Investments 2,032 2,995
Other assets 5,164 4,341
Total assets $ 31,752 $ 33,398
LIABILITIES AND STOCKHOLDERS' EQUITY
Notes payable and current portion of
long-term debt $ 1,576 $ 870
Accounts payable 2,197 2,434
Accrued liabilities 5,815 6,394
Total current liabilities 9,588 9,698
Long-term debt 7,460 8,372
Other liabilities 1,198 1,152
Company-obligated mandatorily redeemable
preferred securities of subsidiary
trust holding solely company-
guaranteed debentures 485 485
Stockholders' equity 13,021 13,691
Total liabilities and stockholders' equity $ 31,752 $ 33,398
14

15. Motorola, Inc. and Subsidiaries
Segment Information
(In millions)
Summarized below are the Company's sales as defined by reportable segment for the three months
ended March 30, 2002 and March 31, 2001.
For the Quarter Ended March 30, 2002
Segment Net Sales
Exited
Businesses Ongoing % Change
GAAP Results Inc/(Exp) Operations from 2001
Personal Communications Segment $ 2,301 $ - $ 2,301 1%
Global Telecom Solutions Segment 1,069 - 1,069 -36%
Commercial, Govt, and Industrial
Solutions Segment 799 - 799 -10%
Broadband Communications Segment 525 - 525 -36%
Semiconductor Products Segment 1,093 - 1,093 -26%
Integrated Electronic Systems Segment 509 - 509 -20%
Other Products Segment 107 - 107 -47%
Adjustments & Eliminations (380) - (380) 22%
Segment Totals $ 6,023 $ - $ 6,023 -20%
For the Quarter Ended March 31, 2001
Segment Net Sales
Exited
Businesses Ongoing
GAAP Results Inc/(Exp) Operations
Personal Communications Segment $ 2,275 $ - $ 2,275
Global Telecom Solutions Segment 1,669 - 1,669
Commercial, Govt, and Industrial
Solutions Segment 1,043 154 889
Broadband Communications Segment 818 - 818
Semiconductor Products Segment 1,483 - 1,483
Integrated Electronic Systems Segment 637 - 637
Other Products Segment 245 43 202
Adjustments & Eliminations (487) - (487)
Segment Totals $ 7,683 $ 197 $ 7,486
15

16. Motorola, Inc. and Subsidiaries
Segment Information
(In millions)
Summarized below are the Company's operating earnings (loss) as defined by reportable segment for the three months ended
March 30, 2002 and March 31, 2001.
For the Quarter Ended March 30, 2002
Segment Operating Earnings (Loss)
Ongoing
Exited Operations
Special Items Excluding Businesses Excluding
GAAP Results Inc/(Exp) Special Items Inc/(Exp) Special Items % Sales
Personal Communications Segment $ (34) $ (142) $ 108 $ - $ 108 5%
Global Telecom Solutions Segment (50) (1) (49) - (49) -5%
Commercial, Govt, and Industrial
Solutions Segment 41 (12) 53 - 53 7%
Broadband Communications Segment 58 (1) 59 - 59 11%
Semiconductor Products Segment (238) (12) (226) - (226) -21%
Integrated Electronic Systems Segment 9 (15) 24 - 24 5%
Other Products Segment (91) (19) (72) - (72) -67%
Adjustments & Eliminations - - - - - 0%
Segment Totals (305) (202) (103) - (103) -2%
General Corporate (49) (9) (40) - (40)
Operating Earnings (Loss) $ (354) $ (211) $ (143) $ - $ (143) -2%
For the Quarter Ended March 31, 2001
Segment Operating Earnings (Loss)
Ongoing
Exited Operations
Special Items Excluding Businesses Excluding
GAAP Results Inc/(Exp) Special Items Inc/(Exp) Special Items % Sales
Personal Communications Segment $ (880) $ (498) $ (382) $ - $ (382) -17%
Global Telecom Solutions Segment 27 (15) 42 - 42 3%
Commercial, Govt, and Industrial
Solutions Segment (6) (63) 57 14 43 5%
Broadband Communications Segment 101 (17) 118 - 118 14%
Semiconductor Products Segment (251) (156) (95) - (95) -6%
Integrated Electronic Systems Segment 7 (15) 22 - 22 3%
Other Products Segment (97) (77) (20) (5) (15) -7%
Adjustments & Eliminations 30 - 30 - 30 -6%
Segment Totals (1,069) (841) (228) 9 (237) -3%
General Corporate (37) (23) (14) - (14)
Operating Earnings (Loss) $ (1,106) $ (864) $ (242) $ 9$ (251) -3%
16