
(in millions)	Water Infrastructure		Applied Water		Measurement and Control Solutions		Water Solutions and Services		Total
Balance for the nine months ended September 30, 2026
Revenue	$	1,931	$	1,438	$	1,452	$	1,841	$	6,662
Less:
Adjusted cost of revenue (a)	1,020		912		888		1,163
Adjusted operating expenses (a)	472		255		314		361
Other segment items (b)	59		(7)		64		78
Segment operating income	$	380	$	278	$	186	$	239	$	1,083
Reconciliation of segment operating income
Corporate and other loss									(64)
Interest expense									(32)

Other non-operating income, net									3
Loss on sale of businesses									(17)
Income before income taxes									$	973


(in millions)	Water Infrastructure		Applied Water		Measurement and Control Solutions		Water Solutions and Services		Total
Balance for nine months ended September 30, 2025
Revenue	$	1,887	$	1,374	$	1,552	$	1,825	$	6,638
Less:
Adjusted cost of revenue (a)	1,051		868		949		1,170
Adjusted operating expenses (a)	457		246		333		344
Other segment items (b)	83		19		82		91
Segment operating income	$	296	$	241	$	188	$	220	$	945
Reconciliation of segment operating income
Corporate and other loss									(75)
Interest expense									(23)
Other non-operating income, net									13
Loss on sale of businesses									(47)
Income before income taxes									$	813

(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				Nine Months Ended
	September 30,				September 30,
(in millions)	2026		2025		2026		2025
Depreciation and amortization:
Water Infrastructure	$	24	$	24	$	74	$	71
Applied Water	8		8		23		25
Measurement and Control Solutions	40		43		121		126
Water Solutions and Services	63		64		194		203

Corporate and other	2		3		5		7
Total	$	137	$	142	$	417	$	432
Capital expenditures:
Water Infrastructure	$	13	$	7	$	31	$	29
Applied Water	8		9		19		23
Measurement and Control Solutions	16		20		47		56
Water Solutions and Services	31		30		113		93
Centralized support facilities (a)	14		6		39		23
Corporate and other	7		7		19		24
Total	$	89	$	79	$	268	$	248