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Restructuring Charges (Tables)
9 Months Ended
Sep. 30, 2025
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 EndedNine Months Ended
September 30,September 30,
(in millions)2025202420252024
By component:
Severance and other charges$21 $$60 $21 
Asset impairment3 4 19 
Reversal of restructuring accruals(1)(3)(2)(4)
Total restructuring costs$23 $$62 $36 
Asset impairment charges — 8 
Total restructuring and asset impairment charges$23 $$70 $37 
By segment:
Water Infrastructure$16 $$38 $
Applied Water4 16 
Measurement and Control Solutions1 (3)7 (3)
Water Solutions and Services1 6 27 
Corporate and other1 — 3 
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 nine months ended September 30, 2025 and 2024:
(in millions)20252024
Restructuring accruals - January 1$25 $24 
Restructuring costs, net62 36 
Cash payments(48)(24)
Asset impairment(4)(19)
Stock based compensation expense included within AOCL
 (2)
Foreign currency and other — 
Restructuring accruals - September 30$35 $15 
By segment:
Water Infrastructure$9 $
Applied Water1 — 
Measurement and Control Solutions1 
Water Solutions and Services3 
Regional selling locations (a)21 
Corporate and other 
(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 2025 and thereafter:
(in millions)Water InfrastructureApplied WaterMeasurement and Control SolutionsWater Solutions and ServicesCorporateTotal
Actions Commenced in 2025:
Total expected costs$75 $20 $$$$112 
Costs incurred during Q1 202512 — 16 
Costs incurred during Q2 2025— 21 
Costs incurred during Q3 202516 24 
Total expected costs remaining$39 $$$$$51 
Actions Commenced in 2024:
Total expected costs$15 $$$29 $$52 
Costs incurred in 202414 28 49 
Costs incurred during Q1 2025— — — — 
Costs incurred during Q2 2025— — — — 
Costs incurred during Q3 2025— — — (1)— (1)
Total expected costs remaining$— $— $— $$— $