Restructuring Charges (Tables)

6 Months Ended

Jun. 30, 2022

Restructuring and Related Activities [Abstract]

Components of restructuring and asset impairment charges

The following table presents the components of restructuring expense and asset impairment charges:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in millions)	2022		2021		2022		2021
By component:
Severance and other charges	$	6	$	4	$	6	$	8

Asset impairment	—		—		—		1

Reversal of restructuring accruals	—		(1)		—		(1)
Total restructuring charges	$	6	$	3	$	6	$	8
Asset impairment charges	1		—		1		1
Total restructuring and asset impairment charges	$	7	$	3	$	7	$	9

By segment:
Water Infrastructure	$	2	$	3	$	2	$	7
Applied Water	1		—		1		1
Measurement & Control Solutions	4		—		4		1

Restructuring Accruals

The following table displays a roll-forward of the restructuring accruals, presented on our Condensed Consolidated Balance Sheets within "Accrued and other current liabilities" and "Other non-current accrued liabilities", for the six months ended June 30, 2022 and 2021:


(in millions)	2022		2021
Restructuring accruals - January 1	$	7	$	29
Restructuring charges, net	6		8
Cash payments	(5)		(18)
Asset impairment	—		(1)

Restructuring accruals - June 30	$	8	$	18

By segment:
Water Infrastructure	$	1	$	3
Applied Water	—		1
Measurement & Control Solutions	4		11
Regional selling locations (a)	1		3
Corporate and other	2		—

(a)Regional selling locations consist primarily of selling and marketing organizations and related support services that incurred restructuring expense that was allocated to the segments. The liabilities associated with restructuring expense were not allocated to the segments.

Expected Restructuring Costs

The following table presents expected restructuring spend in 2022 and thereafter:


(in millions)	Water Infrastructure		Applied Water		Measurement & Control Solutions		Corporate		Total







Actions Commenced in 2022:
Total expected costs	$	2	$	1	$	3	$	—	$	6

Costs incurred during Q1 2022	—		—		—		—		—
Costs incurred during Q2 2022	2		1		2		—		5

Total expected costs remaining	$	—	$	—	$	1	$	—	$	1

Actions Commenced in 2021:
Total expected costs	$	3	$	—	$	1	$	—	$	4
Costs incurred during 2021	3		—		—		—		3
Costs incurred during Q1 2022	—		—		—		—		—
Costs incurred during Q2 2022	—		—		—		—		—

Total expected costs remaining	$	—	$	—	$	1	$	—	$	1