Exhibit 11.1 Motorola, Inc. and Consolidated Subsidiaries Primary and Fully Diluted Earnings Per Common and Common Equivalent Share Nine Months Ended September 30, 1995 and October 1, 1994 (In millions, except per share amounts) Nine Months Ended Sept. 30, Oct. 1, 1995 1994 Net Income $ 1,349 $ 1,045 Add: Interest on Zero coupon notes due 2009 and 2013, net of tax and effect of executive incentive and employee profit sharing plans 4 11 Adjusted net income $ 1,353 $ 1,056 Earnings per common and common equivalent share - Primary: Weighted average common shares outstanding 589.3 561.6 Common equivalent shares: Stock options 13.1 12.3 Zero coupon notes due 2009 and 2013 7.2 15.2 Common and common equivalent shares - primary (in millions) 609.6 589.1 Net earnings per share - primary $ 2.22 $ 1.79 Earnings per common and common equivalent share - Fully Diluted: Weighted average common shares outstanding 589.3 561.6 Common equivalent shares: Stock options 14.6 12.9 Zero coupon notes due 2009 and 2013 7.2 15.2 Common and common equivalent shares - fully diluted (in millions) 611.1 589.7 Net earnings per share - fully diluted $ 2.21 $ 1.79