v2.4.0.8
Segment Information
 6 Months Ended
Jun. 30, 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
 
Six Months Ended
 
June 30,
 
June 30,
(in millions)
2013
 
2012
 
2013
 
2012
Revenue:
 
 
 
 
 
 
 
Water Infrastructure
$
596

 
$
609

 
$
1,147

 
$
1,193

Applied Water
381

 
373

 
726

 
728

Eliminations
(17
)
 
(16
)
 
(34
)
 
(30
)
Total
$
960

 
$
966

 
$
1,839

 
$
1,891

Operating Income:
 
 
 
 
 
 
 
Water Infrastructure
$
41

 
$
93

 
$
83

 
$
167

Applied Water
45

 
52

 
85

 
92

Corporate and other
(16
)
 
(16
)
 
(32
)
 
(31
)
Total
$
70

 
$
129

 
$
136

 
$
228

Depreciation and Amortization:
 
 
 
 
 
 
 
Water Infrastructure
$
28

 
$
24

 
$
56

 
$
50

Applied Water
6

 
7

 
14

 
14

Corporate and other
3

 
2

 
4

 
3

Total
$
37

 
$
33

 
$
74

 
$
67

Capital Expenditures:
 
 
 
 
 
 
 
Water Infrastructure
$
21

 
$
21

 
$
38

 
$
41

Applied Water
8

 
3

 
19

 
13

Corporate and other
2

 
2

 
3

 
3

Total
$
31

 
$
26

 
$
60

 
$
57



The following table contains the total assets for each reportable segment.
 
 
Total Assets
(in millions)
June 30,
2013
 
December 31,
2012
Water Infrastructure
$
2,908

 
$
2,844

Applied Water
1,290

 
1,253

Corporate and other
413

 
582

Total
$
4,611

 
$
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.