XML 55 R44.htm IDEA: XBRL DOCUMENT v3.19.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Financial information for each reportable segment
Additionally, we have Regional selling locations, which consist primarily of selling and marketing organizations and related support services, that offer products and services across our reportable segments. Corporate and other consists of corporate office expenses including compensation, benefits, occupancy, depreciation, and other administrative costs, as well as charges related to certain matters, such as environmental matters, that are managed at a corporate level and are not included in the business segments in evaluating performance or allocating resources.


The accounting policies of each segment are the same as those described in the summary of significant accounting policies (see Note 1 in the 2018 Annual Report). The following tables contain financial information for each reportable segment:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(in millions)
2019
 
2018
 
2019
 
2018
Revenue:
 
 
 
 
 
 
 
Water Infrastructure
$
561

 
$
546

 
$
1,043

 
$
1,026

Applied Water
394

 
388

 
773

 
754

Measurement & Control Solutions
390

 
383

 
766

 
754

Total
$
1,345

 
$
1,317

 
$
2,582

 
$
2,534

Operating Income:
 
 
 
 
 
 
 
Water Infrastructure
$
98

 
$
92

 
$
149

 
$
141

Applied Water
62

 
61

 
118

 
111

Measurement & Control Solutions
26

 
31

 
42

 
64

Corporate and other
(15
)
 
(13
)
 
(29
)
 
(32
)
Total operating income
$
171

 
$
171

 
$
280

 
$
284

Interest expense
$
18

 
21

 
$
36

 
$
42

Other non-operating income, net
3

 
2

 
5

 
5

Gain (loss) from sale of business

 
(2
)
 
1

 
(2
)
Income before taxes
$
156

 
$
150

 
$
250

 
$
245

Depreciation and Amortization:
 
 
 
 
 
 
 
Water Infrastructure
$
16

 
$
16

 
$
31

 
$
33

Applied Water
6

 
6

 
12

 
11

Measurement & Control Solutions
35

 
36

 
71

 
73

Regional selling locations (a)
4

 
5

 
8

 
10

Corporate and other
2

 
2

 
5

 
5

Total
$
63

 
$
65

 
$
127

 
$
132

Capital Expenditures:
 
 
 
 
 
 
 
Water Infrastructure
$
21

 
$
17

 
$
51

 
$
40

Applied Water
4

 
5

 
10

 
14

Measurement & Control Solutions
29

 
22

 
53

 
46

Regional selling locations (b)
5

 
3

 
9

 
8

Corporate and other
1

 
3

 
6

 
3

Total
$
60

 
$
50

 
$
129

 
$
111

(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.