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Segment and Geographic Data
 12 Months Ended
Dec. 31, 2021
Segment Reporting Information [Line Items]  
Segment and Geographic Data Segment and Geographic Data
Our business has three reportable segments: Water Infrastructure, Applied Water and Measurement & Control Solutions. When determining the reportable segments, the Company aggregated operating segments based on their similar economic and operating characteristics. The Water Infrastructure segment focuses on the transportation and treatment of water, offering a range of products including water, wastewater and storm water pumps, treatment equipment, and controls and systems. The Applied Water segment serves many of the primary uses of water and focuses on the residential, commercial and industrial markets. The Applied Water segment's major products include pumps, valves, heat exchangers, controls and dispensing equipment. The Measurement & Control Solutions segment focuses on developing advanced technology solutions that enable intelligent use and conservation of critical water and energy resources as well as analytical instrumentation used in the testing of water. The Measurement & Control Solutions segment's major products include smart metering, networked communications, measurement and control technologies, critical infrastructure technologies, software and services including cloud-based analytics, remote monitoring and data management, leak detection and pressure monitoring solutions and testing equipment.
Additionally, we have Regional selling locations, which consist primarily of selling and marketing organizations and related support services, that offer products and services across our reportable segments. 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 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, "Summary of Significant Accounting Policies"). The following tables contain financial information for each reportable segment:
Year Ended December 31,
(in millions)202120202019
Revenue:
Water Infrastructure$2,247 $2,079 $2,177 
Applied Water1,613 1,434 1,541 
Measurement & Control Solutions1,335 1,363 1,531 
Total$5,195 $4,876 $5,249 
Operating income:
Water Infrastructure$387 $318 $365 
Applied Water240 205 241 
Measurement & Control Solutions12 (106)(67)
Corporate and other(54)(50)(53)
Total operating income585 367 486 
Interest expense76 77 67 
Other non-operating (expense) income, net— (5)(4)
Gain on sale of businesses2 — 1 
Income before taxes$511 $285 $416 
Depreciation and amortization:
Water Infrastructure$51 $57 $61 
Applied Water22 24 24 
Measurement & Control Solutions145 142 144 
Regional selling locations (a)20 20 18 
Corporate and other7 8 10 
Total$245 $251 $257 
Capital expenditures:
Water Infrastructure$74 $48 $79 
Applied Water22 18 19 
Measurement & Control Solutions79 90 100 
Regional selling locations (b)25 22 19 
Corporate and other8 5 9 
Total$208 $183 $226 
(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.
The following table illustrates revenue by product category, net of intercompany revenue:
Year Ended December 31,
(in millions)202120202019
Pumps, accessories, parts and service$3,442 $3,120 $3,324 
Other (a)1,753 1,756 1,925 
Total$5,195 $4,876 $5,249 
(a)Other includes treatment equipment, analytical instrumentation, heat exchangers, valves, controls and smart meters.
The following table contains the total assets for each reportable segment as of December 31, 2021, 2020 and 2019:
 Total Assets
(in millions)202120202019
Water Infrastructure$1,289 $1,255 $1,268 
Applied Water1,093 1,005 1,016 
Measurement & Control Solutions3,198 3,345 3,497 
Regional selling locations (a)1,503 1,413 1,375 
Corporate and other (b)1,193 1,732 554 
Total$8,276 $8,750 $7,710 
(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.
Geographical Information
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)202120202019
United States
$2,280 $2,297 $2,554 
Western Europe
1,414 1,259 1,235 
Emerging Markets
1,066 919 1,049 
Other
435 401 411 
Total$5,195 $4,876 $5,249 
 Property, Plant & Equipment
December 31,
(in millions)202120202019
United States$251 $253 $274 
Western Europe231 235 206 
Emerging Markets 132 139 143 
Other30 30 35 
Total$644 $657 $658