XML 72 R54.htm IDEA: XBRL DOCUMENT v3.20.4
Segment and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Financial information for each reportable segment
The accounting policies of each segment are the same as those described in the summary of significant accounting policies (see Note 1, "Summary of Significant Accounting Policies"). The following tables contain financial information for each reportable segment:
Year Ended December 31,
(in millions)202020192018
Revenue:
Water Infrastructure$2,079 $2,177 $2,176 
Applied Water1,434 1,541 1,534 
Measurement & Control Solutions1,363 1,531 1,497 
Total$4,876 $5,249 $5,207 
Operating income:
Water Infrastructure$318 $365 $359 
Applied Water205 241 236 
Measurement & Control Solutions(106)(67)118 
Corporate and other(50)(53)(59)
Total operating income367 486 654 
Interest expense77 67 82 
Other non-operating (expense) income, net(5)(4)13 
Gain on sale of businesses — 
Income before taxes$285 $416 $585 
Depreciation and amortization:
Water Infrastructure$57 $61 $66 
Applied Water24 24 22 
Measurement & Control Solutions142 144 144 
Regional selling locations (a)20 18 20 
Corporate and other8 10 
Total$251 $257 $261 
Capital expenditures:
Water Infrastructure$48 $79 $84 
Applied Water18 19 28 
Measurement & Control Solutions90 100 101 
Regional selling locations (b)22 19 16 
Corporate and other5 
Total$183 $226 $237 
(a)    Depreciation and amortization expense incurred by the Regional selling locations was included in an overall allocation of Regional selling location costs to the segments; however, a certain portion of that expense was not specifically identified to a segment. That expense is captured in this Regional selling location line.
(b)    Represents capital expenditures incurred by the Regional selling locations not allocated to the segments.
Revenue by product category
The following table illustrates revenue by product category, net of intercompany revenue:
Year Ended December 31,
(in millions)202020192018
Pumps, accessories, parts and service$3,120 $3,324 $3,322 
Other (a)1,756 1,925 1,885 
Total$4,876 $5,249 $5,207 
(a)Other includes treatment equipment, analytical instrumentation, heat exchangers, valves, controls and smart meters.
Total assets for each reportable segment
The following table contains the total assets for each reportable segment as of December 31, 2020, 2019 and 2018:
 Total Assets
(in millions)202020192018
Water Infrastructure$1,255 $1,268 $1,233 
Applied Water1,005 1,016 1,051 
Measurement & Control Solutions3,345 3,497 3,576 
Regional selling locations (a)1,413 1,375 1,181 
Corporate and other (b)1,732 554 181 
Total$8,750 $7,710 $7,222 
(a)The Regional selling locations have assets that consist primarily of cash, accounts receivable and inventory which are not allocated to the segments.
(b)Corporate and other consists of items pertaining to our corporate headquarters function, which principally consist of cash and pension assets.
Revenues and Property, Plant and Equipment by geographic location
Revenue is attributed to countries based upon the location of the customer. Property, Plant & Equipment is attributed to countries based upon the location of the assets:
 Revenue
Year Ended December 31,
(in millions)202020192018
United States$2,297 $2,554 $2,424 
Europe1,407 1,380 1,449 
Asia Pacific618 659 660 
Other554 656 674 
Total$4,876 $5,249 $5,207 
 Property, Plant & Equipment
December 31,
(in millions)202020192018
United States$253 $274 $281 
Europe277 249 250 
Asia Pacific64 67 66 
Other63 68 59 
Total$657 $658 $656