v3.25.2
Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill    
Changes in the carrying value of goodwill by reportable segment for the six months ended June 30, 2025 are as follows:
(in millions)Water
Infrastructure		Applied WaterMeasurement and Control SolutionsWater Solutions and ServicesTotal
Balance as of January 1, 2025$2,098 $884 $2,163 $2,835 $7,980 
Activity in 2025
Foreign currency and other90 20 124 23 257 
Balance as of June 30, 2025$2,188 $904 $2,287 $2,858 $8,237 
Other Intangible Assets
Information regarding our other intangible assets is as follows:
June 30, 2025December 31, 2024
(in millions)Carrying
Amount		Accumulated
Amortization		Net
Intangibles		Carrying
Amount		Accumulated
Amortization		Net
Intangibles
Customer and distributor relationships$2,185 $(656)$1,529 $2,151 $(576)$1,575 
Proprietary technology and patents431 (163)268 360 (138)222 
Trademarks185 (119)66 182 (107)75 
Software642 (420)222 595 (367)228 
Other196 (95)101 194 (79)115 
Indefinite-lived intangibles168 — 168 164 — 164 
Other Intangibles$3,807 $(1,453)$2,354 $3,646 $(1,267)$2,379 
Amortization expense related to finite-lived intangible assets was $76 million and $153 million for the three and six-month periods ended June 30, 2025, respectively. Amortization expense related to finite-lived intangible assets was $83 million and $156 million for the three and six-month periods ended June 30, 2024, respectively.
During the second quarter of 2025, we recognized a $2 million impairment charge for internally developed software within our Measurement and Control Solutions segment and a $2 million impairment charge for software within our Corporate segment.
During the first quarter of 2025, we recognized $1 million and $3 million impairment charges for internally developed software within our Water Infrastructure and Water Solutions and Services segments, respectively.
During the second quarter of 2024, we recognized a $13 million impairment charge primarily related to customer relationships and trademarks due to restructuring actions within our Water Solutions and Services segment.
During the first quarter of 2024, we recognized a $1 million impairment charge for internally developed software within our Corporate segment.