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Revenue (Tables) | 6 Months Ended
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Jun. 30, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table illustrates the sources of revenue:
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
(in millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Revenue from contracts with customers | $ | 1,302 |  |  | $ | 1,114 |  |  | $ | 2,513 |  |  | $ | 2,188 |
Lease Revenue | 49 |  |  | 46 |  |  | 94 |  |  | 95 |
Total | $ | 1,351 |  |  | $ | 1,160 |  |  | $ | 2,607 |  |  | $ | 2,283 |
The following table reflects revenue from contracts with customers by application. The table below also reflects updates to the aggregation of applications to simplify and focus presentation.
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
(in millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Water Infrastructure |  |  |  |  |  |  |
Transport | $ | 414 |  |  | $ | 350 |  |  | $ | 784 |  |  | $ | 668 |
Treatment | 106 |  |  | 105 |  |  | 200 |  |  | 176 |
Applied Water |  |  |  |  |  |  |
Commercial Building Services | 155 |  |  | 133 |  |  | 302 |  |  | 270 |
Residential Building Services | 73 |  |  | 54 |  |  | 140 |  |  | 104 |
Industrial Water | 186 |  |  | 150 |  |  | 365 |  |  | 301 |
Measurement & Control Solutions |  |  |  |  |  |  |
Water | 288 |  |  | 240 |  |  | 571 |  |  | 505 |
Energy | 80 |  |  | 82 |  |  | 151 |  |  | 164 |
Total | $ | 1,302 |  |  | $ | 1,114 |  |  | $ | 2,513 |  |  | $ | 2,188 |
The following table reflects revenue from contracts with customers by geographical region. The presentation of geographic regions below has been updated to better align to how management currently focuses on revenue and growth platforms by geographic region. There has been no change to the Company's reportable segments.
| Three Months Ended |  | Six Months Ended
| June 30, |  | June 30,
(in millions) | 2021 |  | 2020 |  | 2021 |  | 2020
Water Infrastructure |  |  |  |  |  |  |
United States | $ | 142 |  |  | $ | 144 |  |  | $ | 265 |  |  | $ | 265 |
Western Europe | 190 |  |  | 157 |  |  | 363 |  |  | 299 |
Emerging Markets (a) | 133 |  |  | 109 |  |  | 255 |  |  | 195 |
Other | 55 |  |  | 45 |  |  | 101 |  |  | 85 |
Applied Water |  |  |  |  |  |  |
United States | 202 |  |  | 183 |  |  | 396 |  |  | 374 |
Western Europe | 99 |  |  | 70 |  |  | 191 |  |  | 144 |
Emerging Markets (a) | 81 |  |  | 61 |  |  | 159 |  |  | 111 |
Other | 32 |  |  | 23 |  |  | 61 |  |  | 46 |
Measurement & Control Solutions |  |  |  |  |  |  |
United States | 224 |  |  | 212 |  |  | 437 |  |  | 433 |
Western Europe | 69 |  |  | 51 |  |  | 143 |  |  | 114 |
Emerging Markets (a) | 49 |  |  | 39 |  |  | 95 |  |  | 80 |
Other | 26 |  |  | 20 |  |  | 47 |  |  | 42 |
Total | $ | 1,302 |  |  | $ | 1,114 |  |  | $ | 2,513 |  |  | $ | 2,188 |
(a)Emerging Markets revenue includes results from the following regions: Eastern Europe, the Middle East and Africa, Latin America and Asia Pacific (excluding Japan, Australia and New Zealand, which are presented in "Other")
Contract with Customer, Asset and Liability | The table below provides contract assets, contract liabilities, and significant changes in contract assets and liabilities:
(in millions) | Contract Assets (a) | Contract Liabilities |  |  |  |
Balance at January 1, 2020 | $ | 106 |  | $ | 135 |  |  |  |  |
Additions, net | 63 |  | 85 |  |  |  |  |
Revenue recognized from opening balance | — |  | (70) |  |  |  |  |
Billings transferred to accounts receivable | (60) |  | — |  |  |  |  |
Other | (2) |  | (4) |  |  |  |  |
Balance at June 30, 2020 | $ | 107 |  | $ | 146 |  |  |  |  |
Balance at January 1, 2021 | $ | 117 |  | $ | 166 |  |  |  |  |
Additions, net | 78 |  | 99 |  |  |  |  |
Revenue recognized from opening balance | — |  | (93) |  |  |  |  |
Billings transferred to accounts receivable | (74) |  | — |  |  |  |  |
Other | — |  | (1) |  |  |  |  |
Balance at June 30, 2021 | $ | 121 |  | $ | 171 |  |  |  |  |
(a)Excludes receivable balances which are disclosed on the balance sheet

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
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