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Revenue (Tables)

6 Months Ended

Jun. 30, 2022

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)			2022						2021						2022						2021
Revenue from contracts with customers			$	1,312					$	1,302					$	2,534					$	2,513
Lease Revenue			52						49						102						94
Total			$	1,364					$	1,351					$	2,636					$	2,607

The following table reflects revenue from contracts with customers by application.

			Three Months Ended												Six Months Ended
			June 30,												June 30,
(in millions)			2022						2021						2022						2021
Water Infrastructure
Transport			$	432					$	414					$	825					$	784
Treatment			104						106						194						200
Applied Water*
Commercial Building Services			147						155						308						303
Residential Building Services			79						71						153						135
Industrial Water			204						188						394						369
Measurement & Control Solutions
Water			279						288						544						571
Energy			67						80						116						151
Total			$	1,312					$	1,302					$	2,534					$	2,513

*Items in the prior year footnote disclosures for Applied Water were reclassified to conform to the current classification.

The following table reflects revenue from contracts with customers by geographical region.

			Three Months Ended												Six Months Ended
			June 30,												June 30,
(in millions)			2022						2021						2022						2021
Water Infrastructure
United States			$	165					$	142					$	312					$	265
Western Europe			190						190						376						363
Emerging Markets (a)			120						133						221						255
Other			61						55						110						101
Applied Water
United States			219						202						440						396
Western Europe			101						99						195						191
Emerging Markets (a)			79						81						159						159
Other			31						32						61						61
Measurement & Control Solutions
United States			212						224						393						437
Western Europe			59						69						128						143
Emerging Markets (a)			50						49						94						95
Other			25						26						45						47
Total			$	1,312					$	1,302					$	2,534					$	2,513

(a)Emerging Markets 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, 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
Balance at January 1, 2022			$	125		$	164
Additions, net			63			97
Revenue recognized from opening balance			—			(75)
Billings transferred to accounts receivable			(61)			—
Other			(4)			(3)
Balance at June 30, 2022			$	123		$	183

(a)Excludes receivable balances, which are disclosed on the Condensed Consolidated Balance Sheets

X

- 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=123351226&loc=SL49130551-203045

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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=123351226&loc=SL49130545-203045

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No definition available.

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