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Segment Information
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
Our business has three reportable segments: Water Infrastructure, Applied Water and Measurement & Control Solutions. 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 2020 Annual Report). The following table contains financial information for each reportable segment:
Three Months EndedSix Months Ended
 June 30,June 30,
(in millions)2021202020212020
Revenue:
Water Infrastructure$569 $501 $1,078 $939 
Applied Water414 337 807 675 
Measurement & Control Solutions368 322 722 669 
Total$1,351 $1,160 $2,607 $2,283 
Operating Income (Loss):
Water Infrastructure$93 $73 $164 $112 
Applied Water64 41 130 88 
Measurement & Control Solutions13 (46)22 (58)
Corporate and other(10)(14)(23)(27)
Total operating income$160 $54 $293 $115 
Interest expense$21 $18 $42 $34 
Other non-operating income (expense), net(3)(1)(1)(4)
Gain from sale of business2 — 2 — 
Income before taxes$138 $35 $252 $77 
Depreciation and Amortization:
Water Infrastructure$13 $16 $26 $31 
Applied Water6 5 12 11 
Measurement & Control Solutions37 34 73 70 
Regional selling locations (a)4 7 9 11 
Corporate and other2 — 4 3 
Total$62 $62 $124 $126 
Capital Expenditures:
Water Infrastructure$13 $8 $24 $18 
Applied Water3 3 7 12 
Measurement & Control Solutions20 24 41 51 
Regional selling locations (b)5 8 8 12 
Corporate and other— 1 — 2 
Total$41 $44 $80 $95 
(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.