| Equity |
Equity The following table shows the changes in stockholders' equity for the six months ended June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | Common Stock | | Capital in Excess of Par Value | | Retained Earnings | | Treasury Stock | | Accumulated Other Comprehensive (Loss) Income | | Non-Controlling Interest | | Total | | Balance at January 1, 2026 | $ | 3 | | | $ | 8,759 | | | $ | 3,706 | | | $ | (768) | | | $ | (220) | | | $ | 11 | | | $ | 11,491 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net income attributable to Xylem | — | | | — | | | 193 | | | — | | | — | | | — | | | 193 | | | Other comprehensive loss, net | — | | | — | | | — | | | — | | | (9) | | | (2) | | | (11) | | | | | | | | | | | | | | | | Dividends declared ($0.43 per share) | — | | | — | | | (105) | | | — | | | — | | | — | | | (105) | | | | | | | | | | | | | | | | | Stock incentive plan activity | — | | | 13 | | | — | | | (14) | | | — | | | — | | | (1) | | | Distributions to minority shareholder | — | | | — | | | — | | | — | | | — | | | (1) | | | (1) | | | Repurchase of common stock | — | | | — | | | — | | | (586) | | | — | | | — | | | (586) | | | Balance at March 31, 2026 | $ | 3 | | | $ | 8,772 | | | $ | 3,794 | | | $ | (1,368) | | | $ | (229) | | | $ | 8 | | | $ | 10,980 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Net income attributable to Xylem | — | | | — | | | 263 | | | — | | | — | | | — | | | 263 | | | Other comprehensive income (loss), net | — | | | — | | | — | | | — | | | (73) | | | 1 | | | (72) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Divestiture of non-controlling interest | — | | | — | | | — | | | — | | | — | | | (7) | | | (7) | | Dividends declared ($0.43 per share) | — | | | — | | | (101) | | | — | | | — | | | — | | | (101) | | | | | | | | | | | | | | | | | Net income attributable to non-controlling interests | — | | | — | | | — | | | — | | | — | | | 1 | | | 1 | | | Stock incentive plan activity | — | | | 15 | | | — | | | — | | | — | | | — | | | 15 | | | Repurchase of common stock | — | | | — | | | — | | | (655) | | | — | | | — | | | (655) | | | Balance at June 30, 2026 | $ | 3 | | | $ | 8,787 | | | $ | 3,956 | | | $ | (2,023) | | | $ | (302) | | | $ | 3 | | | $ | 10,424 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
The following table shows the changes in stockholders' equity for the six months ended June 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common Stock | | Capital in Excess of Par Value | | Retained Earnings | | Treasury Stock | | Accumulated Other Comprehensive (Loss) Income | | Non-Controlling Interest | | Total | | Balance at January 1, 2025 | $ | 3 | | | $ | 8,687 | | | $ | 3,140 | | | $ | (753) | | | $ | (435) | | | $ | 5 | | | $ | 10,647 | | | Net income attributable to Xylem | — | | | — | | | 169 | | | — | | | — | | | — | | | 169 | | | Other comprehensive income, net | — | | | — | | | — | | | — | | | 98 | | | — | | | 98 | | | | | | | | | | | | | | | | Dividends declared ($0.40 per share) | — | | | — | | | (98) | | | — | | | — | | | — | | | (98) | | | Net Income attributable to non-controlling interests | — | | | — | | | — | | | — | | | — | | | 1 | | | 1 | | | Stock incentive plan activity | — | | | 18 | | | — | | | (13) | | | — | | | — | | | 5 | | | | | | | | | | | | | | | | | Balance at March 31, 2025 | $ | 3 | | | $ | 8,705 | | | $ | 3,211 | | | $ | (766) | | | $ | (337) | | | $ | 6 | | | $ | 10,822 | | | Net income attributable to Xylem | — | | | — | | | 226 | | | — | | | — | | | — | | | 226 | | | Other comprehensive (loss) income, net | — | | | — | | | — | | | — | | | 115 | | | — | | | 115 | | | Other activity | — | | | — | | | — | | | — | | | — | | | 1 | | | 1 | | | | | | | | | | | | | | | | Dividends declared ($0.40 per share) | — | | | — | | | (98) | | | — | | | — | | | — | | | (98) | | | Distribution to minority shareholders | — | | | — | | | — | | | — | | | — | | | (2) | | | (2) | | | Net Income attributable to non-controlling interests | — | | | — | | | — | | | — | | | — | | | 2 | | | 2 | | | Stock incentive plan activity | — | | | 15 | | | — | | | — | | | — | | | — | | | 15 | | | Balance at June 30, 2025 | $ | 3 | | | $ | 8,720 | | | $ | 3,339 | | | $ | (766) | | | $ | (222) | | | $ | 7 | | | $ | 11,081 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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