SECURITIES AND EXCHANGE COMMISSION

100 F Street, N.E.
Washington, D.C. 20549
(202) 942-2940

FORM 11-K

(Mark One)

þ		ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the fiscal year ended December 31, 2006 or

o		TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from                      to                     .

Commission file number: 1-7221

A.

Full title of the plan and the address of the plan, if different from that of the issuer named below:

MOTOROLA 401(k) PLAN

B.

Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

Motorola, Inc., 1303 E. Algonquin Road, Schaumburg, IL 60196

 

 

Financial Statements, Signatures and Exhibits

The following financial statements, signatures and exhibits are part of this report.

(a)		Financial Statements
		Report of Independent Registered Public Accounting Firm			3
		Statements of Net Assets Available for Benefits			4
		Statements of Changes in Net Assets Available for Benefits			5
		Notes to Financial Statements			6
		Schedule H Line 4(i) -- Schedule of Assets (Held at End of Year)			16
(b)		Signatures			27
(c)		Exhibits

Exhibit No.

Description

Page

No. 23

Consent of Independent Registered Public Accounting Firm

28

Report of Independent Registered Public
Accounting Firm

Retirement Committee
Motorola, Inc. 401(k) Plan:

We have audited the accompanying statements of net assets available for benefits of the Motorola, Inc. 401(k) Plan as of December 31, 2006 and 2005, and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with auditing standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Motorola, Inc. 401(k) Plan as of December 31, 2006 and 2005, and the changes in net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.

Our audits were performed for the purpose of forming an opinion on the basic financial statements taken as a whole. The supplemental schedule H, Line 4(i), schedule of assets (held at end of year) as of December 31, 2006, is presented for the purpose of additional analysis and is not a required part of the basic financial statements but is supplementary information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental schedule is the responsibility of the Plan’s management. The supplemental schedule has been subjected to the auditing procedures applied in the audits of the basic financial statements and, in our opinion, is fairly stated in all material respects in relation to the basic financial statements taken as a whole.

/s/ KPMG LLP

Tempe, Arizona
June 28, 2007

MOTOROLA, INC. 401(k) PLAN
Statements of Net Assets Available for Benefits
December 31, 2006 and 2005
(In thousands)

		2006				2005
Assets:
Investments at fair value:
U.S. Government and agencies securities		$	87,805				106,729
Corporate bonds and debentures			127,509				129,228
Motorola, Inc. common stock			598,379				783,994
Investments in common/collective trusts			3,177,498				2,596,238
Plan interest in master trusts			1,898,443				1,915,936
Participant loans			56,822				67,962
Total investments			5,946,456				5,600,087
Receivables:
Employer contributions			8,467				9,256
Employee contributions			5,193				5,003
Pending trade sales			3,108				498
Interest receivable			2,828				2,982
Dividends receivable			1,474				1,365
Asset transfer in transit			—				283
Total receivables			21,070				19,387
Total assets			5,967,526				5,619,474
Liabilities:
Pending trade purchases			—				1,360
Other			538				572
Total liabilities			538				1,932
Net assets available for benefits		$	5,966,988				5,617,542

See accompanying notes to financial statements.

MOTOROLA, INC. 401(k) PLAN
Statements of Changes Net Assets Available for Benefits
Years ended December 31, 2006 and 2005
(In thousands)

		2006				2005
Investment income:
Net appreciation in fair value of investments		$	336,664				362,553
Interest			24,553				19,228
Dividends			5,988				5,790
Plan interest in investment income in master trusts			214,550				115,118
Total investment income			581,755				502,689
Contributions:
Participants			251,660				238,793
Employer			83,620				79,679
Rollover			14,655				7,904
Total contributions			349,935				326,376
Deductions from net assets attributed to:
Benefits paid to participants			552,905				461,221
Administrative and other expenses			7,878				7,170
Total deductions			560,783				468,391
Net increase before transfers			370,907				360,674
Transfer in of assets relating to acquisitions			—				9,157
Transfer out of assets relating to dispositions			(21,461	)			(1,003,617	)
Net (decrease) increase			349,446				(633,786	)
Net assets available for benefits:
Beginning of year			5,617,542				6,251,328
End of year		$	5,966,988				5,617,542

See accompanying notes to financial statements.

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

(1)		Description of Plan
		The following description of the Motorola, Inc. 401(k) Plan (the Plan) provides only general information. Participants should refer to the Plan agreement for a more complete description of the Plan’s provisions. The Plan was formerly known as the Motorola, Inc. 401(k) Profit Sharing Plan, but was renamed effective January 1, 2005.

	(a)		General
			The Plan is a defined contribution plan sponsored by Motorola, Inc. and certain subsidiaries (the Company) covering substantially all domestic employees. Employees become eligible to contribute to the Plan immediately upon employment. Participants are eligible to receive Company contributions to their account on the first of the month following their first (or a subsequent) employment anniversary, after they have completed an anniversary year in which they worked at least 1,000 hours.
			Effective October 1, 2002, the Plan was amended to convert a portion of the Plan to a stock bonus plan and non-leveraged employee stock ownership plan (ESOP). The ESOP portion of the Plan is designed to invest primarily in shares of the Company’s common stock. The ESOP portion of the Plan is participant directed, which satisfies diversification requirements. Each participant is entitled to exercise voting rights attributable to the shares allocated to their account and is notified by the Trustee prior to the time that such rights are to be exercised. Dividends paid on the Company’s common stock are allocated to the participants account and reinvested in Company common stock or paid directly to participants at the election of the participant. Pass-through dividends amounted to $67,000 and $62,000 in 2006 and 2005, respectively.
	(b)		Contributions
			Participants may elect to contribute up to 30% of their pre-tax compensation, up to the annual deferral limit set by the Internal Revenue Code (IRC). The annual deferral limits as set by the IRC were $15,000 and $14,000 in 2006 and 2005, respectively. The plan also allows for participants age 50 and older to contribute additional tax-deferred contributions. These catch-up contributions are subject to IRS limits of $5,000 in 2006 and $4,000 in 2005. Beginning in 2007 the IRS will adjust the dollar amount in increments of $500.
			The Company makes matching contributions to participants equal to $0.50 for each dollar of participant deferrals up to 6% of pre-tax compensation, not to exceed 3% of pre-tax compensation for the period. If during the Plan year the total matching contribution made on behalf of a participant does not equal the maximum amount of matching contribution required, and the participant satisfies certain specified requirements, the Company shall within 30 days after the Plan year-end, make a lump sum contribution to the participant’s account equal to the difference between the required matching contribution and the amount actually made.
			Effective January 1, 2005, the Company froze its defined benefit pension plan (Pension Plan). As a result of freezing the Pension Plan, new employees of the Company will not be eligible to participate in the Pension Plan, and will be designated as non-pension eligible. Non-pension eligible participants will receive a matching contribution equal to $1.00 for each dollar of participant deferrals up to 3%,

		6		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

			and $0.50 for each dollar of participant deferrals between 3% and 5%. There is no change for pension-eligible participants.
	(c)		Participant Accounts
			Each participant’s account is credited with the participant’s elective deferrals, and allocations of Company matching and profit sharing contributions, plan earnings, and charged with an allocation of administrative expenses. Allocations are based on participant earnings or account balances as defined in the Plan document. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s vested account.
	(d)		Vesting
			Participants are fully vested in their elective deferrals and related earnings at all times. A participant will be 100% vested in employer contributions and earnings thereon after they have completed an anniversary year in which they worked at least 1,000 hours in a year. However, the participants become 100% vested in their account balances upon reaching normal retirement age, total and permanent disability, death, or Plan termination.
			Participants who terminated employment prior to July 1, 2000, but chose to leave their account balances in the Plan are subject to forfeit the unvested portion of employer contributions upon the earlier of their withdrawal from the Plan, or the five year anniversary of their employment termination. Terminated employees who have left their account balances in the Plan and are rehired by the Plan Sponsor within five years are not subject to forfeiture of their unvested employer contributions. For the years ended December 31, 2006 and 2005, all forfeiture amounts of $247,000 and $83,000, respectively, were used to offset Company contributions.
			The portion of employer contributions not vested upon termination of employment is forfeited and is used to offset Company contributions.
	(e)		Benefits
			At the option of the participant, distributions from the Plan may be made in the form of: (a) a lump-sum distribution with the option of receiving shares of Motorola stock or cash, (b) annual distributions from the Plan (available only to retiring participants) or combinations thereof. Participants hired after January 1, 1996 may not elect the Annuity or Annual Distribution options. Partial distributions (with a minimum of $5,000) are made available to participants, with no more than one distribution in any three-month period. Participants are not required to cash out their entire benefits at age 70 (although this requirement applies to beneficiaries). Additionally, in-service withdrawals are extended to participants who have attained age 59-1/2 for pretax, post-tax, and rollover contributions. Hardship withdrawal of rollover contributions is permitted. Participants who terminate employment with the Company for any reason, and have a vested account balance of $1,000 or less will have their account balance distributed in the form of a lump-sum distribution.
			Participants who have attained the age of 70-1/2 and who are an employee of the Company may withdraw all or any portion of his/her account subject to IRS minimum distribution requirements. A participant may not take more than one withdrawal in any six-month period, and the minimum withdrawal shall be $200.

		7		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

			Participants who are an employee of the Company and who have made a rollover transfer into the Plan may withdraw all or any portion of his/her rollover transfer amounts at any time. A participant may not take more than one withdrawal in any six-month period, and the minimum withdrawal shall be $200.
	(f)		Participant Loans
			Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 less their highest outstanding loan balance in the last 12 months or 50% of their vested account balance. Loan transactions are treated as a transfer to/from the investment fund to the Participant Loan Fund. Loan terms range from 1-5 years or up to 10 years for the purchase of a primary residence. The loans are secured by the balance in the participant’s account and bear interest at a reasonable interest rate commensurate with local prevailing rates as determined quarterly by the plan administrator. Interest rates are based on the prime rate (published in the Wall Street Journal) plus 0.5% unless the plan administrator determines the interest rate is not reasonable. Prior to July 16, 2003, interest rates included a 0.3% loan insurance fee. Loan interest rates ranged from 6.0% to 8.75% and 5.75% to 7.5% in 2006 and 2005, respectively. Principal and interest is paid ratably through payroll deductions. A $50 processing fee is charged for loans.
	(g)		Plan Termination
			Although the Company has not expressed any intent to do so, it may terminate the Plan at any time. It has the right under the Plan to discontinue contributions at any time and terminate the Plan subject to the provisions of ERISA.

(2)

Summary of Significant Accounting Policies

	(a)		Basis of Presentation
			The accompanying financial statements have been prepared on the accrual basis of accounting. Certain prior year balances have been reclassified to conform to the current year’s presentation.
	(b)		Use of Estimates
			The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and changes therein and disclosure of contingent assets and liabilities. Actual results could differ from those estimates.
	(c)		Investment Valuation and Income Recognition
			Investments in common stock, corporate debt instruments and government securities are stated at fair value as determined by quoted market prices in an active market. Investments in common/collection trust funds are stated at the established fair values of the underlying assets of the funds, which have been determined based on unit values of the funds. Unit values are determined by the bank sponsoring such funds by dividing the funds’ net assets at fair value by its units outstanding at the valuation dates. The fair value of the Plan’s interest in the master trust is based on the beginning of year value of the Plan’s interest in the trust plus actual contributions and allocated investment income less actual distributions and allocated administrative expenses. Loans to participants are valued at cost.

		8		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

			The resulting increase or decrease in investment values is recorded in net appreciation (depreciation) in fair value of investments in the statement of changes in net assets available for benefits.
			The purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded as earned on the accrual basis. Dividends are recorded on the ex-dividend date.
	(d)		Administrative and Other Expenses
			The expenses necessary to administer the Plan are paid out of Plan assets.
	(e)		Payment of Benefits
			Benefits are recorded when paid.

(3)

Plan Amendments

	(a)		Amendment 2005 — 1
			The Company amended the Plan to comply with new legislation and regulations limiting automatic cash-out distributions, effective March 28, 2005. In the event a participant is terminated for any reason and the non-forfeitable amount credited to the participant’s accounts as of the Valuation Date immediately preceding the date of distribution does not exceed $1,000 (previously $5,000) the amount will be distributed in a lump sum to the terminated employee.
	(b)		Amendment 2006 — 1
			The Company amended the Plan to Comply with the Gulf Opportunity Zone Act of 2005 (GOZA), effective January 1, 2005. Eligible participants may take and repay “Qualified Hurricane Distributions” as defined in GOZA, and may take loans up to the limits and according to the terms set forth in GOZA.

(4)		Party-in-Interest
		Plan investments are managed by Northern Trust. Northern Trust is the trustee as defined by the Plan and, therefore, these transactions qualify as party-in-interest.
		Investments in Motorola, Inc. common stock represented approximately 10% and 14% of plan net assets at December 31, 2006 and 2005, respectively.

		9		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

(5)		Investments
		At December 31, 2006, the fair value of individual investments which exceeded 5% of net assets available for benefits are as follows (in thousands):

MFB NTGI COLTV:
Daily S&P 500 Equity Index Fund		$	1,160,459
Daily S&P Midcap 400 Equity Index Fund			583,772
Daily Russell 2000 Equity Index Fund			333,731
Daily EAFE Index Fund			632,292
Motorola, Inc. common stock			598,379
MFO Motorola:
Bond pool			722,940
Stock pool			1,175,503

At December 31, 2005, the fair value of individual investments which exceeded 5% of net assets available for benefits are as follows (in thousands):

MFB NTGI COLTV:
Daily S&P 500 Equity Index Fund		$	1,037,967
Daily S&P Midcap 400 Equity Index Fund			554,413
Daily EAFE Index Fund			361,465
Motorola, Inc. Common Stock			783,994
MFO Motorola:
Bond Pool			748,593
Stock Pool			1,167,343

		10		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

During 2006 and 2005, the Plan’s investments (including gains and losses on investments bought and sold, as well as held during the year) appreciated (depreciated) in value as follows (in thousands):

For the year ended December 31, 2006:
U.S. Government and agencies securities		$	12
Corporate bonds and debentures			61
Motorola, Inc. common stock			(50,623	)
Investments in common/collective trusts			387,214
Net appreciation in fair value of investments		$	336,664

For the year ended December 31, 2005:
U.S. Government and agencies securities		$	(2,208	)
Corporate bonds and debentures			(3,399	)
Motorola, Inc. common stock			216,659
Investments in common/collective trusts			151,501
Net appreciation in fair value of investments		$	362,553

(6)		Interest in Master Trusts
		During 2000, a master trust arrangement was established whereby certain of the Plan’s investments are held in two master trust accounts at Northern Trust. The master trust accounts also include the investment assets of the Motorola, Inc. Pension Plan. Investment income and administrative expenses of the master trust accounts are allocated to the Plan and the pension plan based on the relative market values of each plan’s net assets on a daily basis.

		11		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

The fair value of the investments for the master trusts and the Plan’s interest in the master trusts at December 31, 2006 and 2005 is summarized as follows (in thousands):

		2006				2005
Bond pool investments:
Investments at fair value:
U.S. Government and agencies securities		$	736,569				893,673
Common stock			205				359
Corporate bonds and debentures			792,104				644,764
Investments in common/collective trusts			329,007				331,080
Short-term investments			27,733				27,786
Cash — under securities lending agreements			302,643				352,460
U.S. Government securities — under securities lending agreements			22,269				35,778
			2,210,530				2,285,900
Receivables:
Pending trade sales and income receivable			16,672				17,661
Liabilities:
Pending trade purchases and other liabilities			(107,900	)			(210,275	)
Corporate bonds and debentures — under securities lending agreements			(96,347	)			(75,426	)
U.S. Government and agencies securities — under securities lending agreements			(228,565	)			(312,812	)
Net bond pool investments in master trust			1,794,390				1,705,048
Percentage allocated to the Plan — bond pool investments			40.289	%			43.904	%
Net Plan interest in master trust — bond pool investments			722,940				748,593
Stock pool investments:
Investments at fair value:
Common and preferred stock			2,540,446				2,375,147
Investments in common/collective trusts			2,025,826				1,740,705
Short-term investments			26,692				5,753
Cash — under securities lending agreements			212,959				252,056
U.S. Government securities — under securities lending agreements			4,076				—
			4,809,999				4,373,661
Receivables:
Pending trade sales and income receivable			35,025				33,014
Liabilities:
Pending trade purchases and other liabilities			(40,206	)			(30,715	)
Common stocks — under securities lending agreements			(217,035	)			(252,056	)
Net stock pool investments in master trust			4,587,783				4,123,904
Percentage allocated to the Plan — stock pool investments			25.622	%			28.307	%
Net Plan interest in master trust — stock pool investments			1,175,503				1,167,343
Net Plan interest in master trusts		$	1,898,443				1,915,936

		12		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

The net investment gain of the master trust for the year ended December 31, 2006 and 2005 is summarized as follows (in thousands):

		2006				2005
Net investment gain:
Bond pool investments:
Net appreciation (depreciation) in fair value of investments:
U.S. Government and agencies securities		$	(436	)			(8,221	)
Corporate bonds and debentures			(1,781	)			(17,400	)
Corporate stock common			4,249				405
Corporate stock preferred			(1	)			14
Investments in common/collective trusts			10,260				6,588
Short-term and other investments			(286	)			(263	)
			12,005				(18,877	)
Interest and dividends			68,033				61,005
			80,038				42,128
Administrative expenses			(2,373	)			(2,351	)
			77,665				39,777
Weighted average percentage allocated to the Plan — bond pool investments			40.289	%			43.904	%
Plan interest in master trust investment gain — bond pool investments			31,290				17,464
Stock pool investments:
Net appreciation (depreciation) in fair value of investments:
Common and preferred stock			340,724				193,318
Investments in common/collective trusts			297,389				115,940
Investments in registered investment companies			(140	)			—
Short-term and other investments			(244	)			(554	)
			637,729				308,704
Interest and dividends			53,125				37,508
			690,854				346,212
Administrative expenses			(8,422	)			(7,774	)
			682,432				338,438
Weighted average percentage allocated to the Plan — stock pool investments			26.854	%			28.854	%
Plan interest in master trust investment gain — stock pool investments			183,260				97,654
Net plan interest in master trusts investment gain		$	214,550				115,118

The Master Trusts enter into securities lending transactions with broker/dealers for which fees are paid to the Master Trusts. The securities are required to be 100% collateralized by cash, U.S. Government securities, or irrevocable bank letters of credit. Fees earned on securities lending activity are included in interest income. Either party may terminate the lending agreement at anytime and the collateral shall be used for any failure to deliver borrowed securities.

		13		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

Fair value of securities loaned by type of investment and corresponding collateral that pertain to the Master Trusts at December 31, 2006 were as follows (in thousands):

		Securities				Collateralized by
		under								Corporate and
		lending								government
		agreements				Cash				bonds and notes
Bond pool investments		$	324,912				302,643				30,347
Stock pool investments			217,035				212,959				12,218
Total securities lending in Master Trusts		$	541,947				515,602				42,565

Fair value of securities loaned by type of investment and corresponding collateral that pertain to the Master Trusts at December 31, 2005 were as follows (in thousands):

		Securities				Collateralized by
		under								Corporate and
		lending								government
		agreements				Cash				bonds and notes
Bond pool investments		$	388,238				352,460				45,129
Stock pool investments			252,056				262,171				867
Total securities lending in Master Trusts		$	640,294				614,631				45,996

(7)		Federal Income Taxes
		The Plan has received a favorable determination letter dated November 21, 2002 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 Internal Revenue Code (IRC) of 1986, as amended. The trust is exempt from Federal income taxes pursuant to the provisions of Section 501(a) of the Code. The Plan has been amended since receiving the determination letter. However, the plan administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the IRC.
(8)		Transfer of Assets Relating to Acquisitions and Dispositions
		The following net assets were transferred into the Plan as a result of acquisitions or out of the plan as a divestiture during the Plan year ended December 31, 2006 (in thousands):

				Amount
Effective date		Divestiture		transferred out
August 25, 2006		Continental-Teves’ 401(k) Plan		$	21,461
Total transferred out				$	21,461

		14		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

The following net assets were transferred into the Plan as a result of acquisitions or out of the plan as a divestiture during the Plan year ended December 31, 2005 (in thousands):

				Amount
Effective date		Acquisition		transferred in
January 5, 2005		Quantam Bridge		$	4,456
February 9, 2005		Crisnet			894
February 4, 2005		Mesh			3,128
June 8, 2005		Ucentric			679
Total transferred in				$	9,157

				Amount
Effective date		Divestiture		transferred out
January 14, 2005		Freescale		$	988,512
March 24, 2005		Freescale PS contribution			10,373
June 27, 2005		Freescale additional participants			4,732
Total transferred out				$	1,003,617

(9)		Reconciliation of Financial Statements to Form 5500
		The following is a reconciliation of benefits paid to participants per the financial statements to the Form 5500 (in thousands):

		Year ended December 31
		2006				2005
Benefits paid to participants per the financial statements		$	552,905				461,221
Amounts allocated to deemed distributions			(1,927	)			—
Amounts allocated to withdrawing participants at December 31, 2006 and 2005, respectively			2,219				4,179
Amounts allocated to withdrawing participants at December 31, 2005 and 2004, respectively			(4,179	)			(6,402	)
Benefits paid to participants per the Form 5500		$	549,018				458,998

The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500 (in thousands):

		December 31
		2006				2005
Net assets available for benefits per the financial statements		$	5,966,988				5,617,542
Amounts allocated to withdrawing participants at December 31, 2006 and 2005, respectively			(2,219	)			(4,179	)
		$	5,964,769				5,613,363

		15		(Continued)

MOTOROLA, INC. 401(k) PLAN
Notes to Financial Statements
December 31, 2006 and 2005

The following is a reconciliation of other receivables per the financial statements to the Form 5500 (in thousands):

		December 31
		2006				2005
Income and dividends receivable per the financial statements		$	4,302				4,347
Rollover receivable			—				8
Net pending trade sales			3,108				(862	)
Asset transfer in transit			—				283
Other receivable per the Form 5500		$	7,410				3,776

(10)		Legal Matters
		In the ordinary course of business, Motorola is a defendant on behalf of the Plan in various lawsuits, including actions filed by former participants. The Plan Sponsor believes these legal proceedings will not have a material adverse effect on the Plan or the financial results of the Plan.

		16

MOTOROLA INC. 401(k) PLAN
EIN: 36-1115800
Plan Number: 001
December 31, 2006

Schedule H, Line 4(i)
Schedule of Assets Held for Investment Purposes

(A)				(B)		(C)								(D)				(E)
				Identity of Issuer, Borrower,		Description of												Current
				Lessor or Similar Description		Investment								Cost				Value
				U.S. Government Securities
				United States — USD
				FEDERAL HOME LN BKS SER 00-0582 CLASS-H 4.75 DUE 10-25-201 CUSIP: 3133XDDP3							647,157.830				645,135.460				642,711.860
				FEDERAL HOME LN BKS SER 6T-9009 CL 1 3.84% DUE 11-25-20 CUSIP: 3133X9DY3							1,585,697.920				1,574,935.000				1,532,905.280
				FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN POOL #A2-541 CUSIP: 31297DAL2							1,114,538.850				1,145,188.670				1,123,608.970
				FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN POOL #A4-740 CUSIP: 3128K8GL4							2,445,607.760				2,358,578.510				2,360,542.190
				FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN POOL #A5-296 CUSIP: 3128KFJN1							166,536.240				171,311.150				170,838.370
				FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN POOL #G0-200 CUSIP: 3128LXGM6							954,558.210				982,822.080				972,417.040
				FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN POOL #G1-221 CUSIP: 3128M1K40							945,514.730				945,810.200				944,785.740
				FHLB BD 3.73 01-04-2008/01-04-2006 CUSIP: 3133X9VZ0							550,000.000				543,290.000				542,050.850
				FHLB BD 4.5 09-26-2008/09-26-2006 CUSIP: 3133XDAE1							1,300,000.000				1,300,325.000				1,287,956.800
				FHLB CONS BD DTD 05/06/2004 3.44 11-06-2007/02-06-2 CUSIP: 3133X6FN1							1,000,000.000				978,870.000				985,265.000
				FHLB TRANCHE # TR 00643 4.4 07-28-2008/07-28-2 CUSIP: 3133XCJ46							750,000.000				742,642.500				742,355.250
				FHLB TRANCHE # TR 00716 4 03-10-2008/03-10-2 CUSIP: 3133XAT56							1,305,000.000				1,282,005.900				1,287,459.500
				FHLMC DTD 10/18/2005 4.5 04-18-2007/04-18-2 CUSIP: 3128X4QU8							1,000,000.000				998,147.000				997,714.000
				FHLMC GOLD C00632 7 07-01-2028 CUSIP: 31292GVZ6							43,102.270				44,348.190				44,477.750
				U.S. Government Securities
				United States — USD
				FHLMC GOLD C00647 6.5 09-01-2028 CUSIP: 31292GWG7							73,800.420				75,287.980				75,716.060
				FHLMC MULTICLASS PREASSIGN 00416 6 11-15-2027 CUSIP: 31396NTH9							871,353.900				878,603.830				879,051.440
				FHLMC MULTICLASS PREASSIGN 00851 3.5 05-15-2011 CUSIP: 31394M5L0							835,122.920				845,561.950				827,711.200
				FHLMC MULTICLASS SER 00H014 CL A3 2.351 08-15-2008 CUSIP: 31394TBG9							365,548.900				354,982.260				362,154.410
				FHLMC MULTICLASS SER 2587 CL KJ 3 06-15-2023 REG CUSIP: 31393NAK5							368,511.920				362,638.770				365,686.540
				FHLMC MULTICLASS SER 2596 CL J 5 01-15-2017 CUSIP: 31393NWN5							538,163.660				537,427.890				534,252.290
				FHLMC MULTICLASS SER 2672 CL HA 4 09-15-2016 CUSIP: 31394HX30							719,580.120				693,720.210				695,910.250
				FHLMC MULTICLASS SER 2706 CL EM 4.5 09-15-2020 CUSIP: 31394M5A4							775,000.000				759,500.000				758,063.930
				FHLMC MULTICLASS SER 2802 CL NA 4 04-15-2020 CUSIP: 31394YNS9							671,660.630				682,155.340				667,298.870
				FHLMC MULTICLASS SER 2841 CL PX 5.5 11-15-2027 CUSIP: 31395ETN7							516,341.790				517,209.080				516,699.100
				FHLMC MULTICLASS SER 2841 CL YA 5.5 07-15-2027 CUSIP: 31395EUG0							358,943.860				359,392.550				359,105.380
				FHLMC MULTICLASS SER 2938 CL WA 5 05-15-2026 CUSIP: 31395MXF1							842,555.760				838,013.870				837,788.580
				FHLMC MULTICLASS SER 3211 CL KD 5.5 08-15-2028 CUSIP: 31397B6E6							785,821.360				786,404.580				786,281.850
				FHLMC TRANCHE # TR 00043 4.15 12-07-2007/12-07-2 CUSIP: 3128X4BU4							1,500,000.000				1,478,955.000				1,483,798.500
				FNMA POOL #555592 5.5% 07-01-2033 BEO CUSIP: 31385XF93							1,351,885.320				1,371,952.370				1,338,104.200
				FNMA POOL #649654 7% DUE 07-01-2032 REG CUSIP: 31390LWP7							77,479.830				81,862.280				79,702.570

Schedule H, Line 4(i)
Schedule of Assets Held for Investment Purposes

(A)				(B)		(C)								(D)				(E)
				Identity of Issuer, Borrower,		Description of												Current
				Lessor or Similar Description		Investment								Cost				Value
				FNMA POOL #681377 5% DUE 01-01-2018 REG CUSIP: 31391Y6N2							1,721,067.360				1,780,766.890				1,697,301.140
				FNMA POOL #794807 4.768% 10-01-2034 BEO CUSIP: 31405PAG5							537,626.450				536,702.420				537,459.250
				FNMA POOL #799811 4.252% 11-01-2034 BEO CUSIP: 31405UR84							826,372.360				818,108.660				822,495.850
				FNMA PREASSIGN 00367 4 07-25-2033 CUSIP: 31393DRG8							239,475.690				234,985.520				235,555.710
				FNMA PREASSIGN 00635 5% DUE 09-15-2008 REG CUSIP: 31359MX40							250,000.000				249,899.250				249,722.000
				FNMA PREASSIGN 00638 5.5 11-25-2031 CUSIP: 31394UH70							785,460.270				780,428.410				787,110.520
				FNMA REMIC SER 2002-57 CL-JD 6 01-25-2031 CUSIP: 31392D2F8							798,272.020				797,585.990				798,030.940
				FNMA REMIC SER 2005-38 CL DN 5 12-25-2017 CUSIP: 31394DTA8							592,941.820				591,621.610				586,653.670
				FNMA REMIC TR 2005-36 CL-BA 4.5 10-25-2026 CUSIP: 31394DNJ5							603,353.600				591,592.920				595,376.660
				GNMA POOL #780677 8% DUE 11-15-2017 REG CUSIP: 36225AXE5							162,198.470				170,777.260				170,552.990
				GNMA 2003-036 REMIC TR CL C 4.254 02-16-2031 CUSIP: 38373SN94							1,000,000.000				959,062.500				967,387.000
				GNMA 2006-006 REMIC PASSTHRU CL A 4.04500007629 10-1 CUSIP: 38373MSP6							308,853.580				302,676.510				302,162.880
				GNMA 2006-008 REMIC PASSTHRU CTF CL A 3.942 08-16-2025 CUSIP: 38373MTK6							827,085.780				802,273.220				806,722.930
				GNMA 2006-009 REMIC PASSTHRU CTF CL A 4.201 08-16-2026 CUSIP: 38373MTD2							1,034,475.580				1,003,441.320				1,009,604.720
				GNMA 2006-019 REMIC PASSTHRU CTF CL A 3.38700008392 06-1 CUSIP: 38373MTZ3							690,691.050				656,156.500				664,659.600
				UNITED STATES TREAS NTS DTD 00118 4.5% DUE 02-28-2011 REG CUSIP: 912828EX4							11,185,000.000				11,208,067.930				11,102,421.150
				UNITED STATES TREAS NTS DTD 00125 4.875% DUE 05-15-2009 REG CUSIP: 912828FE5							345,000.000				346,900.190				345,754.860
				U.S. Government Securities
				United States — USD
				UNITED STATES TREAS NTS DTD 00134 4.875% DUE 08-15-2009 REG CUSIP: 912828FP0							1,660,000.000				1,663,598.340				1,664,993.280
				UNITED STATES TREAS NTS DTD 08/15/2002 3.25% DUE 08-15-20 CUSIP: 912828AH3							11,021,000.000				10,893,634.950				10,901,752.780
				UNITED STATES TREAS NTS T-NT 3.375% DUE 02-15-2008 REG CUSIP: 912828DK3							685,000.000				666,799.870				673,039.220
				US TREAS NTS DTD 00138 4.625 DUE 09-30-2008 REG CUSIP: 912828FT2							500,000.000				497,812.500				498,144.500
				US TREAS NTS INFLATION INDEX 3.875 DUE 01-15-2009 REG CUSIP: 9128274Y5							1,800,000.000				2,291,072.220				2,276,993.430
				US TREAS NTS 4.5 DUE 02-15-2009 REG CUSIP: 912828EV8							7,445,000.000				7,362,416.040				7,399,920.530
				US TREAS NTS 4.625 DUE 11-15-2009 REG CUSIP: 912828FX3							12,455,000.000				12,507,005.270				12,416,078.130
				US TSY 4.875 31MAY08 CUSIP: 912828FG0							1,170,000.000				1,163,601.560				1,169,451.270
				UTD STATES TREAS NTS 3.75 NTS 15/05/2008USD1000 3.75 DUE 0 CUSIP: 912828DT4							5,000,000.000				4,913,085.940				4,923,440.000
				Total United States — USD											88,127,151.41				87,805,198.78
				Total U.S. Government Securities											88,127,151.41				87,805,198.78

Schedule H, Line 4(i)
Schedule of Assets Held for Investment Purposes

(A)				(B)		(C)								(D)				(E)
				Identity of Issuer, Borrower,		Description of												Current
				Lessor or Similar Description		Investment								Cost				Value
				Corporate Debt Instruments — Preferred
				Canada — USD
				CHEVRONTEXACO CAP CO CHEVRONTEXACO CORPORATION 3.5 DU            CUSIP: 166760AA6							250,000.000				247,925.000				247,066.750
				Total Canada — USD											247,925.00				247,066.75
				Netherlands — USD
				DEUTSCHE TELEKOM INTL FIN B V NT 3.875 DUE 07-22-2008/07- CUSIP: 25156PAE3							500,000.000				492,600.000				489,364.000
				DEUTSCHE TELEKOM INTL FIN B V NT 5.375% DUE 03-23-2011 REG CUSIP: 25156PAG8							500,000.000				502,245.000				498,485.500
				Total Netherlands — USD											994,845.00				987,849.50
				United Kingdom — USD
				CMO GRANITE MASTER ISSUER PLC 2006-2 NT CL A1 DUE 04-20-20 CUSIP: 38741YBQ1							793,572.630				793,572.630				792,620.340
				DIAGEO CAP PLC GLOBAL NT 3.375% DUE 03-20-2008 BEO CUSIP: 25243YAF6							250,000.000				244,462.500				244,162.250
				VODAFONE GROUP PLC NEW VODAFONE GROUP PLC 1/30/2008 3.95 CUSIP: 92857WAC4							1,150,000.000				1,140,471.500				1,132,812.100
				Total United Kingdom — USD											2,178,506.63				2,169,594.69
				United States — USD
				AL PWR CO SR NT SER G 5.375 DUE 10-01-2008 BEO CUSIP: 010392DK1							855,000.000				895,706.550				854,937.590
				AL PWR CO SR NT SER X 3.125 DUE 05-01-2008 REG CUSIP: 010392EH7							250,000.000				242,607.500				242,903.250
				ALABAMA PWR CO BD 3.5% DUE 11-15-2007/11-16-2 CUSIP: 010392EN4							600,000.000				599,832.000				590,386.200
				Corporate Debt Instruments — Preferred
				United States — USD
				ALCOA INC NT 2007 4.25 DUE 08-15-2007 BEO CUSIP: 013817AG6							500,000.000				500,892.500				495,394.000
				AMERICAN GEN FIN CORP MEDIUM TERM SR NTS-BOOK ENTRY MTN CUSIP: 02635PSV6							1,040,000.000				1,037,140.000				1,028,428.960
				AMERICREDIT AUTOMOBILE RECEIVABLES TR SER 2005-AX CL A-4 CUSIP: 03061NHX0							1,100,000.000				1,099,802.770				1,083,193.100
				AMERICREDIT AUTOMOBILE RECEIVABLES TR SER 2005-DA CL A2 CUSIP: 03061NJQ3							167,058.910				166,693.470				167,026.170
				AMERICREDIT AUTOMOBILE RECEIVABLES TR 20SER 2006-BG CL A CUSIP: 03062XAD8							1,000,000.000				999,756.100				1,001,229.000
				AMERIQUEST MTG SECS INC 2004-FR1 AST BKDCTF CL A-5 4.455 D CUSIP: 03072SQN8							1,100,000.000				1,082,984.370				1,081,326.400
				AMERITECH CAP FDG CORP 6.15 DUE 01-15-2008 REG CUSIP: 030955AL2							250,000.000				261,950.000				251,159.250
				AMERN GEN FIN CORP MEDIUM TERM SR NTS TRANCHE # TR 00385 CUSIP: 02635PSA2							750,000.000				739,860.000				745,640.250
				AMERN GEN FIN CORP MEDIUM TERM SR NTS TRANCHE # TR 00390 CUSIP: 02635PSF1							475,000.000				464,683.000				463,543.480
				AT&T INC NT FLTG RATE VAR RT DUE 05-15-2008 CUSIP: 00206RAA0							1,000,000.000				1,000,409.000				1,000,531.000
				AT&T WIRELESS SVCS INC NT 7.5% DUE 05-01-2007 BEO CUSIP: 00209AAH9							500,000.000				525,595.000				503,027.500
				BAY VIEW 2005-3 OWNER TR 2005-3 CL A-4 5.01% DUE 06-25-20 CUSIP: 07262NAD9							700,000.000				691,468.750				695,867.200

Schedule H, Line 4(i)
Schedule of Assets Held for Investment Purposes

(A)				(B)		(C)								(D)				(E)
				Identity of Issuer, Borrower,		Description of												Current
				Lessor or Similar Description		Investment								Cost				Value
				BERKSHIRE HATHAWAY FIN CORP SR NT 3.375% DUE 10-15-2008 REG CUSIP: 084664AC5							1,000,000.000				968,245.000				969,172.000
				BOEING CAP CORP NT 4.75 DUE 08-25-2008/08-24-2 CUSIP: 097014AJ3							250,000.000				248,455.000				248,098.250
				CAP 1 BK MEDIUM TERM SR BK NTS BOOK ENTRY MTN 4.25 DUE CUSIP: 14040EHJ4							600,000.000				585,402.000				588,156.600
				CAP 1 BK MEDIUM TERM SR BK NTS BOOK ENTRY NT 5 DUE 06- CUSIP: 14040EHL9							250,000.000				247,180.000				248,578.750
				CAP 1 PRIME AUTO RECEIVABLES TR 2006-2 CL A-4 4.940000057 CUSIP: 14042CAD6							730,000.000				729,876.270				726,953.710
				CAPITAL ONE MULTI-ASSET EXECUTION TR SER2003-C4 CL C4 3.65 CUSIP: 14041NAW1							1,000,000.000				989,531.250				975,948.000
				CARMAX AUTO OWNER SER 2006-2 CL A-3 5.15 DUE 02 CUSIP: 14312DAC9							1,000,000.000				1,002,109.380				999,746.000
				CATERPILLAR FINL SVCS CORP CATERPILLAR FINL SERVICESCORP CUSIP: 14911RAF6							650,000.000				619,248.500				625,702.350
				CATERPILLAR FINL SVCS CORP MEDIUM TERM NTRANCHE # TR 0076 CUSIP: 14912LZ61							1,000,000.000				999,200.000				998,002.000
				CENTEX HOME EQUITY LN TR 200 SEN_FIX_CAP04/25/ 10-25-2035 CUSIP: 152314PF1							735,000.000				729,028.130				729,714.620
				CHEVRONTEXACO CAP CO CHEVRONTEXACO CP 3.375 DUE 02-15-20 CUSIP: 166760AB4							250,000.000				245,200.000				245,035.250
				CIT GROUP INC NEW SR NT 4.125% DUE 11-03-2009 CUSIP: 125581AM0							650,000.000				637,500.500				630,367.400
				CITIBANK CR CARD ISSUANCE TR SER 2004-A1CL A1 2.55% DUE 01 CUSIP: 17305ECA1							1,110,000.000				1,109,689.200				1,108,442.670
				CITIBANK CR CARD ISSUANCE TR 2006-A2 NT 4.84999990463% DUE CUSIP: 17305EDA0							860,000.000				859,759.200				855,493.600
				CITIGROUP INC 5.625 DUE 08-27-2012 BEO CUSIP: 172967BP5							1,000,000.000				1,054,620.000				1,014,469.000
				CMO BANC AMER COML MTG INC SER 2002-PB2 CL A-3 DUE 06-11-2 CUSIP: 05947UER5							840,000.040				869,957.810				853,981.840
				CMO CHASE MTG FIN TR SER 2005-A1 CL 3A1 FLT RT DUE 12-25-2 CUSIP: 16162WPJ2							261,400.660				256,336.120				259,128.040
				CMO CITIGROUP MTG LN TR 2006-AR1 MTG BKDNT CL I-A1 DUE 10- CUSIP: 17307G2Z0							381,203.890				376,915.350				377,285.500
				CMO COML MTG ACCEP CORP CML MTG PASS SER 1998-C2 CL A-3 CUSIP: 201728DL3							365,000.000				367,865.820				367,352.430
				CMO COMMERCIAL MTG ASSET TR CMAT 99-C2 A1 7.285% DUE 11-1 CUSIP: 201730AV0							346,416.060				350,137.320				349,196.740
				Corporate Debt Instruments — Preferred
				United States — USD
				CMO CR SUISSE 1ST BSTN MTG SECS CORP            SER2002-5 CL 1A44 CUSIP: 22540VZD7							164,642.500				163,510.590				164,260.040
				CMO CWALT INC 2004-35T2 MTG PASSTHRU CTFCL A-1 6% DUE 02-2 CUSIP: 12667FM51							267,976.290				267,641.320				267,908.220
				CMO GE COML MTG CORP 2006-1 A-1 5.45839738846% DUE CUSIP: 36828QRU2							729,582.890				731,406.040				731,114.280
				CMO HARBORVIEW MTG LN TR 2005-4 MTG PASSTHRU CTF CL 3- CUSIP: 41161PMX8							466,431.230				460,675.030				462,583.170
				CMO INDYMAC INDA MTG LN TR SER 2006-AR3 CL 1A1 DUE 12-25-2 CUSIP: 45662FAA8							430,545.760				427,922.120				428,669.870
				CMO MERRILL LYNCH MTG INVS INC ML SER 2006-A1 CL I-A1 DU CUSIP: 59020U5U5							108,915.840				108,252.150				109,828.880
				CMO MORGAN STANLEY CAP I INC SER 2006-HQ8 CL A1 FLT CUSIP: 617451FF1							680,205.120				680,202.390				677,481.580
				CMO POPULAR ABS INC 2005-3 CL AF-3 4.43699979782% DUE CUSIP: 73316PDM9							1,080,000.000				1,060,003.130				1,062,288.000
				CMO RESDNTL ACCREDIT LNS INC MTG PASS TH2004-QS11 CL A-3 CUSIP: 76110HWW5							464,644.400				461,449.970				461,271.080
				CMO RESDNTL FDG MTG SECS II INC 2005 HS1HOME LN NT CL A CUSIP: 76110VRU4							401,379.120				401,379.120				400,241.610
				CMO STRUCTURED ADJ RATE MTG LN TR SER 2006-1 CL 5-A1 DUE CUSIP: 863579P85							306,223.220				303,783.930				304,143.050
				CMO USAA AUTO OWNER TR 2006-2 CMO USAOT 5.31% DUE 03-15-20 CUSIP: 903277AB7							695,000.000				694,975.620				695,010.430
				CMO WA MUT MTG PASS-THRU CTFS WMA CL 3-A-3 VAR RATE DUE CUSIP: 93935BAD2							990,000.000				990,000.000				993,218.490

Schedule H, Line 4(i)
Schedule of Assets Held for Investment Purposes

(A)				(B)		(C)								(D)				(E)
				Identity of Issuer, Borrower,		Description of												Current
				Lessor or Similar Description		Investment								Cost				Value
				CMO WACHOVIA BK COML MTG TR 2006-C23 CL A-1 5.203% DUE 01- CUSIP: 92976BDP4							688,476.870				688,468.600				686,271.680
				CMO WAMU MTG PASS THRU CTFS SER 2006-AR16 CL 1-A1 CUSIP: 92925GAA1							528,247.650				526,779.390				528,541.880
				CMO WAMU MTG PASS THRU CTFS SER 2006-AR18 CL 1-A1 CUSIP: 933637AA8							545,000.000				544,594.740				546,030.050
				CMO WAMU MTG PASS THRU CTFS SER 2006 AR8CL 1-A4 VAR RATE D CUSIP: 93362FAD5							321,482.350				323,491.620				323,809.880
				CMO WAMU MTG PASS-THROUGH CTFS 2005-AR121-A8 VAR 4.84623% CUSIP: 92922F3N6							1,156,896.710				1,154,004.470				1,143,675.690
				CMO WAMU MTG PASS-THRU CTFS 2003-S7 MTG PASSTHRU CTF CL A- CUSIP: 92922FBK3							363,618.450				350,891.800				350,477.280
				CMO WELLS FARGO MTG BACKED SECS 2006-AR10 TR CL VA CUSIP: 94983YAK5							440,270.700				440,958.620				440,697.320
				CMO WELLS FARGO MTG BACKED SECS 2003-1 TR SER 2003-1 CL-2 CUSIP: 94980HAU3							420,241.940				419,060.010				418,845.480
				CMO WELLS FARGO MTG BACKED SECS 2006-AR8CL III-A-2 VAR 5.2 CUSIP: 94983VAP0							700,000.000				694,750.000				698,450.200
				CMO WELLS FARGO MTG BKD SECS 2005-AR16 TR CL III-A-1 DUE CUSIP: 94981QAE8							1,009,953.800				1,010,427.220				1,001,214.670
				CMO 1ST UN NATL BK COML MTG TR 2002-C1 MTG PASSTHRU CTF C CUSIP: 33736XFS3							1,315,499.440				1,318,732.590				1,320,831.160
				CONSUMERS FDG LLC 2001-1 SECURITIZATION BD CL A-5 5.43% DU CUSIP: 210523AE6							1,250,000.000				1,292,773.440				1,265,967.500
				COUNTRYWIDE HOME LNS INC MEDIUM TERM NTS TR#00292 4.25 CUSIP: 22237LND0							1,250,000.000				1,258,937.500				1,236,683.750
				COUNTRYWIDE HOME LNS INC MEDIUM TERM NTS# TR 00309 2.87 CUSIP: 22237LNW8							800,000.000				780,832.000				797,760.800
				COUNTRYWIDE HOME LNS INC MEDIUM TERM NTSTRANCHE # TR 00 CUSIP: 22237LPM8							720,000.000				700,135.200				699,253.920
				CR SUISSE 1ST BSTN MTG SECS CORP SER 97-C2 CL A3 6.55 P CUSIP: 22540AES3							389,681.990				392,528.500				392,345.860
				CWABS INC 2005-1 ASSET BKD CTF CL AF-3 FLTG RATE 09-25-20 CUSIP: 126673WA6							1,313,780.940				1,301,464.250				1,303,542.650
				CWHEQ HOME EQUITY LN TR SER 2006-S6 ASSET BACKED CTF C CUSIP: 126684AA7							1,369,363.680				1,369,363.680				1,369,428.040
				DAIMLERCHRYSLER AUTO TR 2003-A A4 2.88% DUE 10-08-2009 BEO CUSIP: 23383VBZ2							323,022.200				326,782.370				322,312.520
				Corporate Debt Instruments — Preferred
				United States — USD
				DAIMLERCHRYSLER AUTO TR 2004-B ASSET BKDNT CL A-3 3.18% DU            CUSIP: 23383VCN8							141,087.780				141,080.020				140,442.590
				DAIMLERCHRYSLER AUTO TR 2006-A AST BKD CTF CL A-3 VAR RAT CUSIP: 23383VDJ6							850,000.000				849,906.760				847,803.600
				DEERE JOHN CAP CORP MEDIUM TERM NTS-BOOKTRANCHE # CUSIP: 24422EPW3							525,000.000				517,692.000				518,876.930
				DOW CHEM CO SR NT DTD 11/22/2002 5 DUE 11-15-2007 BEO CUSIP: 260543BU6							500,000.000				507,512.500				497,885.000
				DU PONT E I DE NEMOURS & CO 6.75 DUE 09-01-2007 REG CUSIP: 263534BF5							250,000.000				265,295.000				252,002.500
				FORD CR AUTO OWNER TR 2006 C NT CL A 3 5.15999984741 DUE CUSIP: 34528CAD7							775,000.000				774,851.670				774,966.680
				FORD CR FLOORPLAN MASTER OWNER TR A SERIES 2006-3 CLAS CUSIP: 34528QAA2							750,000.000				750,000.000				750,644.250
				G E EQUIP SMALL TICKET LLC SER 2005-2 CLA-3 10-22-2009 BEO CUSIP: 36159MAH7							750,000.000				751,201.170				746,844.750
				GEN DYNAMICS CORP NT 3 DUE 05-15-2008/05-14-2 CUSIP: 369550AJ7							250,000.000				241,997.500				242,064.500
				GEN ELEC CAP CORP MEDIUM TERM NTS BO TRANCHE # TR 00576 CUSIP: 36962GZZ0							250,000.000				250,880.000				247,725.750
				GILLETTE CO GILLETTE CO 2.875 2.875 DUE 03-15-2008 BEO CUSIP: 375766AL6							250,000.000				241,542.500				242,474.250
				GMACM HOME EQUITY LN TR 2004-HE5 NT CL A-3 3.97% DUE 09-2 CUSIP: 361856DV6							561,978.440				553,021.910				556,726.190
				GMACM HOME EQUITY LN TR 2006-HE2 CL A-1 6.30999994278% DUE CUSIP: 38011AAA2							572,715.150				572,715.150				573,127.500
				GOLDMAN SACHS GROUP INC SR NT 5 DUE 01-15- CUSIP: 38141GEF7							560,000.000				554,612.800				555,297.680

Schedule H, Line 4(i)
Schedule of Assets Held for Investment Purposes

(A)				(B)		(C)								(D)				(E)
				Identity of Issuer, Borrower,		Description of												Current
				Lessor or Similar Description		Investment								Cost				Value
				GOLDMAN SACHS GROUP INC SR NT DTD 01/13/2004 3.875% CUSIP: 38143UAA9							1,000,000.000				962,060.000				974,175.000
				GREEN TREE FINL CORP 1995-3 MFD HSG SR/SUB PASSTHRU CL CUSIP: 393505GH9							225,477.020				245,206.250				230,311.700
				GS AUTO LN TR SER 2004-1 CL A4 2.65% DUE05-16-2011 BEO CUSIP: 36292RAM3							445,865.070				433,899.860				441,426.480
				HARLEY-DAVIDSON MOTORCYCLE TR SERIES 2003-1 CLASS-A2 2. CUSIP: 41283AAV1							305,207.610				298,161.610				301,089.440
				HARLEY-DAVIDSON MOTORCYCLE TR 2006-2 CL A-1 5.36 DUE 10-15 CUSIP: 41283BAA5							520,191.370				520,183.880				520,333.380
				HARTFORD FINL SVCS GROUP INC SR NT DTD 08/29/2002 4.7 DUE CUSIP: 416515AG9							1,000,000.000				1,011,556.800				995,018.000
				HOME LN TR 2006-HI4 HOME LN BKD NT CL A-1 09-25-2036 REG CUSIP: 43718MAA2							614,871.910				614,871.910				614,898.960
				HONDA AUTO RCVBLS 2006-3 OWNER TR ABS NT CL A-4 5.11 CUSIP: 43812RAD0							980,000.000				979,816.050				977,109.980
				HONDA AUTO RECEIVABLES GRANTOR TR SER 2005-1 CL A3 3.53% CUSIP: 43812VAC3							212,859.170				210,256.630				211,396.190
				HONDA AUTO RECEIVABLES 2003-4 OWNER TR AST BKD NT CL A-4 CUSIP: 43812HAD2							288,154.600				282,335.240				285,466.410
				HONDA AUTO RECEIVABLES 2005-2 OWNER TR SER 2005-2 CL A3 3 CUSIP: 43812YAC7							515,704.500				508,653.850				512,242.060
				HONDA AUTO RECEIVABLES 2005-5 TR NT CL A-3 4.61% DUE 08-1 CUSIP: 43812MAC3							430,000.000				429,934.080				427,695.630
				HOUSEHOLD FIN CORP NT DTD 01/27/1994 6.45% DUE 02-01-20 CUSIP: 441812FF6							500,000.000				512,940.000				510,690.500
				HSBC AUTOMOTIVE TR USA 2006-3 ASSET BACKED NT CL A-2 5 CUSIP: 40431CAB4							735,000.000				734,949.820				735,584.330
				HSBC HOME EQTY LN TR USA 06-4 CLOSED-ENDASTBKD CTF A-1F 5. CUSIP: 40430VAA5							540,000.000				539,965.530				539,962.200
				HYUNDAI AUTO RECEIVABLES TR 2006-A NT A-3 5.13% DUE 06-1 CUSIP: 449182BR4							575,000.000				574,925.080				574,189.830
				HYUNDAI AUTO RECEIVABLES TR 2006-B 5.11%DUE 04-15-2011 CUSIP: 44920DAC0							945,000.000				944,914.570				944,390.480
				IMC HOME EQTY LN TR SER 1998-3 PASSTHRU CTF CL A-8 6.34 DU CUSIP: 449670EQ7							83,037.270				87,146.950				82,813.900
				Corporate Debt Instruments — Preferred
				United States — USD
				INTL BUSINESS MACHS CORP MEDIUM MTN 3.8 DUE 02-01-2008 CUSIP: 45920QET7							1,000,000.000				999,610.000				984,250.000
				LEHMAN BROTHERS HLDGS INC MEDIUM TERM NTS BOOK ENTRY MTN CUSIP: 52517PXT3							1,000,000.000				958,500.000				966,615.000
				LONG BEACH ACCEP AUTO RECEIVABLES TR 2005-B CL A-3 4.40 CUSIP: 542391CD7							750,000.000				741,064.450				744,568.500
				M & I MARSHALL & ILSLEY BK MILW WI MTN 3.95 DUE 08-14-200 CUSIP: 5525V0AM8							475,000.000				461,225.000				459,561.550
				MARSHALL & ILSLEY CORP M AND I CORP NTS 4.375% DUE 08-01-2 CUSIP: 571834AE0							1,000,000.000				976,250.000				978,049.000
				MBNA CR CARD MASTER NT TR 2006-A1 NT CL A 4.90000009537% D CUSIP: 55264TDP3							1,099,999.990				1,098,850.720				1,096,511.890
				MERRILL LYNCH & CO INC MEDIUM TERM NTS BTRANCHE # TR 0031 CUSIP: 59018YNZ0							250,000.000				249,467.500				247,133.000
				MERRILL LYNCH & CO INC MEDIUM TERM NTS BTRANCHE # TR 0035 CUSIP: 59018YQU8							750,000.000				726,922.500				733,835.250
				MERRILL LYNCH & CO INC MEDIUM TERM NTS BTRANCHE # TR 0048 CUSIP: 59018YWD9							500,000.000				500,000.000				496,149.000
				MORGAN STANLEY & CO INC SR NT DTD 05/07/2003 4.25 DU CUSIP: 61744AAN0							660,000.000				647,559.000				637,826.640
				NATIONAL CITY CORP 3.2% DUE 04-01-2008 BEO CUSIP: 635405AN3							1,000,000.000				961,380.000				971,755.000
				NATL RURAL UTILS COOP FIN CORP COLL TR BD 3.875 DUE 02-15 CUSIP: 637432CY9							250,000.000				247,555.000				246,130.250
				NAVISTAR FINL 2003-B OWNER TR ASSET BKD NT CL A-4 3.25% DU CUSIP: 63936XAD6							500,000.000				499,880.150				491,655.500
				NEW CENTY HOME EQUITY LN TR SER 2005-A CL A2 08-25-2035 R CUSIP: 64352VLW9							216,372.620				214,377.930				214,533.670
				NISSAN AUTO RECEIVABLES GRANTOR TR 4.19% DUE 07-15-2009 BEO CUSIP: 65475BAC8							530,000.000				529,956.750				524,917.300