Segment Information

3 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

Our business is organized into two reportable segments: Water Infrastructure and Applied Water. The Water Infrastructure segment, comprising our Water Solutions and Analytics operating units, focuses on the transportation, treatment and testing of water, offering a range of products including water and wastewater pumps, treatment and testing equipment, and controls and systems. The Applied Water segment serves many of the primary uses of water and focuses on the residential, commercial, industrial and agricultural markets. Corporate and other consists of corporate office expenses including compensation, benefits, occupancy, depreciation, and other administrative costs, as well as charges related to certain matters, such as the Spin-off and environmental matters that are managed at a corporate level and are not included in the business segments in evaluating performance or allocating resources.

The accounting policies of each segment are the same as those described in the summary of significant accounting policies (see Note 1 in the 2012 Annual Report). The following tables contain financial information for each reportable segment.

	Three Months Ended
	March 31,
(in millions)	2013			2012
Revenue:
Water Infrastructure	$	551		$	584
Applied Water	345			355
Eliminations	(17		)	(14		)
Total	$	879		$	925
Operating Income:
Water Infrastructure	$	42		$	75
Applied Water	40			40
Corporate and other	(16		)	(16		)
Total	$	66		$	99
Depreciation and Amortization:
Water Infrastructure	$	28		$	26
Applied Water	8			7
Corporate and other	1			1
Total	$	37		$	34
Capital Expenditures:
Water Infrastructure	$	18		$	20
Applied Water	11			10
Corporate and other	1			1
Total	$	30		$	31

The following table contains the total assets for each reportable segment.

	Total Assets
(in millions)	March 31, 2013		December 31, 2012
Water Infrastructure	$	2,885	$	2,844
Applied Water	1,263		1,253
Corporate and other	441		582
Total	$	4,589	$	4,679

Corporate and other consists of items pertaining to our corporate headquarters function, which principally consist of cash, deferred tax assets, pension assets and certain property, plant and equipment.