XML 53 R42.htm IDEA: XBRL DOCUMENT v3.23.3

Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Financial information for each reportable segment

The following table contains financial information for each reportable segment:

			Three Months Ended												Nine Months Ended
			September 30,												September 30,
(in millions)			2023						2022						2023						2022
Revenue:
Water Infrastructure			$	803					$	574					$	2,096					$	1,696
Applied Water			465						458						1,396						1,312
Measurement & Control Solutions			440						348						1,261						1,008
Integrated Solutions & Services			368						—						493						—
Total			$	2,076					$	1,380					$	5,246					$	4,016
Operating Income (Loss):
Water Infrastructure			$	128					$	104					$	304					$	286
Applied Water			73						77						240						197
Measurement & Control Solutions			27						(2)						73						(17)
Integrated Solutions & Services			(3)						—						(10)						—
Corporate and other			(34)						(11)						(166)						(41)
Total operating income			$	191					$	168					$	441					$	425
Interest expense			$	14					$	12					$	35					$	37
U.K. pension settlement expense			—						140						—						140
Other non-operating income, net			8						1						19						2
Gain from sale of business			—						—						—						1
Income before taxes			$	185					$	17					$	425					$	251
Depreciation and Amortization:
Water Infrastructure			$	30					$	12					$	68					$	39
Applied Water			6						4						16						14
Measurement & Control Solutions			34						35						103						103
Integrated Solutions & Services			66						—						86						—
Regional selling locations (a)			7						5						18						14
Corporate and other			4						2						8						6
Total			$	147					$	58					$	299					$	176
Capital Expenditures:
Water Infrastructure			$	22					$	19					$	54					$	49
Applied Water			9						6						24						14
Measurement & Control Solutions			18						19						50						61
Integrated Solutions & Services			19						—						25						—
Regional selling locations (b)			4						5						15						15
Corporate and other			2						4						9						9
Total			$	74					$	53					$	177					$	148

(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.

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration