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Revenue (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table illustrates the sources of revenue:
| Year Ended December 31,
(in millions) | 2022 |  | 2021 |  | 2020
Revenue from contracts with customers | $ | 5,294 |  |  | $ | 4,998 |  |  | $ | 4,681 |
Lease Revenue | 228 |  |  | 197 |  |  | 195 |
Total | $ | 5,522 |  |  | $ | 5,195 |  |  | $ | 4,876 |
The following table reflects revenue from contracts with customers by application:
| Year Ended December 31, |  |
(in millions) | 2022 |  | 2021 |  | 2020 |  |
Water Infrastructure |  |  |  |  |  |  |
Transport | $ | 1,715 |  |  | $ | 1,619 |  |  | $ | 1,484 |  |  |
Treatment | 421 |  |  | 431 |  |  | 400 |  |  |
Applied Water |  |  |  |  |  |  |
Commercial Building Services | 659 |  |  | 609 |  |  | 558 |  |  |
Residential Building Services | 306 |  |  | 268 |  |  | 238 |  |  |
Industrial Water | 802 |  |  | 736 |  |  | 638 |  |  |
Measurement and Control Solutions |  |  |  |  |  |  |
Water | 1,126 |  |  | 1,055 |  |  | 1,039 |  |  |
Energy | 265 |  |  | 280 |  |  | 324 |  |  |
Total | $ | 5,294 |  |  | $ | 4,998 |  |  | $ | 4,681 |  |  |
The following table reflects revenue from contracts with customers by geographical region:
| Year Ended December 31,
(in millions) | 2022 |  | 2021 |  | 2020
Water Infrastructure |  |  |  |  |
United States | $ | 664 |  |  | $ | 556 |  |  | $ | 558 |
Western Europe | 757 |  |  | 753 |  |  | 675 |
Emerging Markets (a) | 495 |  |  | 537 |  |  | 468 |
Other | 220 |  |  | 204 |  |  | 183 |
Applied Water |  |  |  |  |
United States | 914 |  |  | 804 |  |  | 754 |
Western Europe | 380 |  |  | 370 |  |  | 316 |
Emerging Markets (a) | 349 |  |  | 324 |  |  | 260 |
Other | 124 |  |  | 115 |  |  | 104 |
Measurement and Control Solutions |  |  |  |  |
United States | 857 |  |  | 796 |  |  | 856 |
Western Europe | 240 |  |  | 256 |  |  | 234 |
Emerging Markets (a) | 198 |  |  | 189 |  |  | 177 |
Other | 96 |  |  | 94 |  |  | 96 |
Total | $ | 5,294 |  |  | $ | 4,998 |  |  | $ | 4,681 |
(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 1/1/2021 | $ | 117 |  | $ | 166 |  |  |  |  |
Additions, net | 112 |  | 117 |  |  |  |  |
Revenue recognized from opening balance | — |  | (117) |  |  |  |  |
Billings transferred to accounts receivable | (103) |  | — |  |  |  |  |
Other | (1) |  | (2) |  |  |  |  |
Balance at 1/1/2022 | $ | 125 |  | $ | 164 |  |  |  |  |
Additions, net | 115 |  | 137 |  |  |  |  |
Revenue recognized from opening balance | — |  | (109) |  |  |  |  |
Billings transferred to accounts receivable | (82) |  | — |  |  |  |  |
Other | (7) |  | (9) |  |  |  |  |
Balance at 12/31/2022 | $ | 151 |  | $ | 183 |  |  |  |  |
(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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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