
(in millions)	Water Infrastructure		Applied Water		Measurement and Control Solutions		Water Solutions and Services		Total
Balance for the three months ended June 30, 2026
Revenue	$	683	$	501	$	508	$	644	$	2,336
Less:
Adjusted cost of revenue (a)	353		316		309		395
Adjusted operating expenses (a)	162		87		116		129
Other segment items (b)	11		(3)		20		29
Segment operating income	$	157	$	101	$	63	$	91	$	412
Reconciliation of segment operating income
Corporate and other operating (loss)									(22)
Interest expense									(7)

Other non-operating (expense)/income, net									(3)
Loss on sale of businesses									(16)
Income before income taxes									$	364


(in millions)	Water Infrastructure		Applied Water		Measurement and Control Solutions		Water Solutions and Services		Total
Balance for the three months ended June 30, 2025
Revenue	$	650	$	483	$	540	$	628	$	2,301
Less:
Adjusted cost of revenue (a)	365		299		324		403
Adjusted operating expenses (a)	158		90		118		119
Other segment items (b)	24		10		30		28
Segment operating income	$	103	$	84	$	68	$	78	$	333
Reconciliation of segment operating income
Corporate and other operating (loss)									(28)
Interest expense									(9)
Other non-operating income, net									3

Income before income taxes									$	299


(in millions)	Water Infrastructure		Applied Water		Measurement and Control Solutions		Water Solutions and Services		Total
Balance for six months ended June 30, 2026
Revenue	$	1,286	$	949	$	1,016	$	1,210	$	4,461
Less:
Adjusted cost of revenue (a)	687		601		626		761
Adjusted operating expenses (a)	314		171		224		246
Other segment items (b)	52		(1)		46		56
Segment operating income	$	233	$	178	$	120	$	147	$	678
Reconciliation of segment operating income
Corporate and other operating (loss)									(44)
Interest expense									(11)

Other non-operating (expense)/income, net									(3)
Loss on sale of businesses									(12)
Income before income taxes									$	608


(in millions)	Water Infrastructure		Applied Water		Measurement and Control Solutions		Water Solutions and Services		Total
Balance for six months ended June 30, 2025
Revenue	$	1,231	$	918	$	1,030	$	1,191	$	4,370
Less:
Adjusted cost of revenue (a)	694		577		627		774
Adjusted operating expenses (a)	303		170		223		233
Other segment items (b)	51		15		56		62
Segment operating income	$	183	$	156	$	124	$	122	$	585
Reconciliation of segment operating income
Corporate and other operating (loss)									(49)
Interest expense									(17)
Other non-operating income, net									7
Loss on sale of businesses									(10)
Income before income taxes									$	516

(a) Adjusted cost of revenue and adjusted operating expenses represent segment-level information that are regularly provided to the CODM. These balances represent cost of revenue and operating expenses, respectively, adjusted to exclude purchase accounting intangible amortization, restructuring and realignment expenses and special charges.

(b) Other segment items for each segment represents purchase accounting intangible amortization, restructuring and realignment expenses and special charges, which are excluded from the above significant expense categories regularly provided to the CODM in line with our adjusted measures as outlined in Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our 2025 Annual Report.


	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in millions)	2026		2025		2026		2025
Depreciation and Amortization:
Water Infrastructure	$	24	$	24	$	50	$	47
Applied Water	7		9		15		17
Measurement and Control Solutions	41		44		81		83
Water Solutions and Services	66		71		131		139

Corporate and other	2		(3)		3		4
Total	$	140	$	145	$	280	$	290
Capital Expenditures:
Water Infrastructure	$	8	$	11	$	18	$	22
Applied Water	7		5		11		14
Measurement and Control Solutions	16		20		31		36
Water Solutions and Services	37		43		82		63
Centralized support facilities (a)	11		10		25		17
Corporate and other	10		9		12		17
Total	$	89	$	98	$	179	$	169