Motorola Solutions, Inc. (NYSE:MSI) is looking for M&A. Jason Winkler, Chief Financial Officer said, "So our framework, which has guided us for a number of years, is for, of operating cash flow, we'll start with the dividend, 30% of it goes to support the dividend. We've -- since 2011, we've annually raised our dividend double-digit. That aligns with the cash flow increases that we've seen.

20%, maybe a little bit less than that, is allocated for CapEx, so we're pretty capital-light. Most of our capital, by the way, that we do deploy is in support of our customer managed and/or owned networks. So we're investing in customer success in that capital.

And then finally, the remaining 50% of operating cash flow, we've allocated for either M&A or the acquisition or buyback of our shares. That's a framework that served us well. Our operating cash flow this year, expected to be $1.9 billion".