XML 67 R53.htm IDEA: XBRL DOCUMENT v3.22.0.1
Segment and Geographic Data (Tables)
12 Months Ended
Dec. 31, 2021
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)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 — 
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 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 
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.
Revenue by product category
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.
Total assets for each reportable segment
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.
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)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