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Segment Information | 3 Months Ended
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Mar. 31, 2020
Segment Reporting [Abstract] |
Segment Information | Segment Information 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 in the 2019 Annual Report). The following tables contain financial information for each reportable segment:
| Three Months Ended |  |  |  |  |  |
| March 31, |  |  |  |  |  |
(in millions) | 2020 |  | 2019 |  |  |  |
Revenue: |  |  |  |  |  |  |
Water Infrastructure | $ | 438 |  |  | $ | 482 |  |  |  |  |
Applied Water | 338 |  |  | 379 |  |  |  |  |
Measurement & Control Solutions | 347 |  |  | 376 |  |  |  |  |
Total | $ | 1,123 |  |  | $ | 1,237 |  |  |  |  |
Operating Income: |  |  |  |  |  |  |
Water Infrastructure | $ | 39 |  |  | $ | 51 |  |  |  |  |
Applied Water | 47 |  |  | 56 |  |  |  |  |
Measurement & Control Solutions | (12) |  |  | 16 |  |  |  |  |
Corporate and other | (13) |  |  | (14) |  |  |  |  |
Total operating income | $ | 61 |  |  | $ | 109 |  |  |  |  |
Interest expense | $ | 16 |  |  | 18 |  |  |  |  |
Other non-operating (expense) income, net | (3) |  |  | 2 |  |  |  |  |
Gain from sale of business | — |  |  | 1 |  |  |  |  |
Income before taxes | $ | 42 |  |  | $ | 94 |  |  |  |  |
Depreciation and Amortization: |  |  |  |  |  |  |
Water Infrastructure | $ | 15 |  |  | $ | 15 |  |  |  |  |
Applied Water | 6 |  |  | 6 |  |  |  |  |
Measurement & Control Solutions | 36 |  |  | 36 |  |  |  |  |
Regional selling locations (a) | 4 |  |  | 4 |  |  |  |  |
Corporate and other | 3 |  |  | 3 |  |  |  |  |
Total | $ | 64 |  |  | $ | 64 |  |  |  |  |
Capital Expenditures: |  |  |  |  |  |  |
Water Infrastructure | $ | 10 |  |  | $ | 30 |  |  |  |  |
Applied Water | 9 |  |  | 6 |  |  |  |  |
Measurement & Control Solutions | 27 |  |  | 24 |  |  |  |  |
Regional selling locations (b) | 4 |  |  | 4 |  |  |  |  |
Corporate and other | 1 |  |  | 5 |  |  |  |  |
Total | $ | 51 |  |  | $ | 69 |  |  |  |  |
(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.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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