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Revenue (Tables)

12 Months Ended

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

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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045

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- References

No definition available.

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