0001524472false00015244722024-03-082024-03-08
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 8, 2024
XYLEM INC.
(Exact name of registrant as specified in its charter)
Indiana001-3522945-2080495
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(IRS Employer
Identification No.)
301 Water Street SE20003
WashingtonDC
(Address of principal executive offices)(Zip Code)
(202) 869-9150
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange of which registered
Common Stock, par value $0.01 per shareXYLNew York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
☐Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨


Item 7.01Regulation FD Disclosure
On May 24, 2023, Xylem Inc. (the “Company”) completed the acquisition of Evoqua Water Technologies Corp. (“Evoqua”). For the periods ended June 30, 2023, September 30, 2023 and December 31, 2023, the Company’s reportable segments included legacy Evoqua’s Integrated Solutions and Services (“ISS”) segment as a new and fourth reportable segment.
On December 13, 2023, the Company announced a change to its reportable segments effective January 1, 2024. As a result, for financial statement periods ending after January 1, 2024, the Company will report the financial position and results of operations of its ISS segment together with the dewatering business, formerly within the Water Infrastructure segment, and the assessment services business, formerly within the Measurement and Control Solutions segment, in a new segment that will be referred to as Water Solutions and Services. The Company’s Water Infrastructure reportable segment will no longer include the results of the dewatering business, and the Company’s Measurement and Control Solutions reportable segment will no longer include the results of the assessment services business. The Company's Applied Water reportable segment will remain unchanged.
The Company believes this organizational redesign, which creates its services platform, will deliver a unified customer experience and accelerate the growth of its services offerings.
For informational purposes and to provide investors with historical information on a basis consistent with its new reporting structure, the Company has provided certain recast financial information reflecting the new reportable segments. The recast financial information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation. These changes have no impact on the Company’s historical consolidated financial position or results of operations. The recast financial information does not represent a restatement of previously issued financial statements.
Attached as Exhibit 99.1 are schedules containing financial information that has been recast to reflect historical orders, revenue, operating income, adjusted operating income, earnings before interest, taxes, depreciation and amortization (“EBITDA”) and adjusted EBITDA for each of the Company’s operating segments for the first, second, third and fourth quarters of 2023 and the years ended December 31, 2023, 2022 and 2021. The Company considers certain non-GAAP (or “adjusted”) measures provided in Exhibit 99.1 to be useful to management and investors evaluating our operating performance for the periods presented, and to provide a tool for evaluating our ongoing operations, liquidity and management of assets. This information can assist investors in assessing our financial performance and measures our ability to generate capital for deployment among competing strategic alternatives and initiatives, including, but not limited to, dividends, acquisitions, share repurchases and debt repayment. These adjusted metrics are consistent with how management views our business and are used to make financial, operating and planning decisions. These metrics, however, are not measures of financial performance under GAAP and should not be considered a substitute for revenue, operating income, net income, earnings per share (basic and diluted) or net cash from operations as determined in accordance with GAAP.
The information contained in Exhibit 99.1 should be read in conjunction with the Company’s Annual Report on Form 10-K for the fiscal year ended December, 31, 2023.
The information furnished pursuant to this Item 7.01 and Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01Financial Statements and Exhibits
(d) Exhibits.
Exhibit
   No.		Description
Recast segment information of Xylem Inc. (furnished pursuant to Item 7.01)
104.0The cover page from Xylem Inc.'s Form 8-K, formatted in Inline XBRL (included as Exhibit 101).




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
XYLEM INC.
Date: March 8, 2024By:/s/ William K. Grogan
William K. Grogan
Senior Vice President and Chief Financial Officer
(Authorized Officer of Registrant)




XYLEM INC.

RECAST ORDERS, REVENUE, OPERATING INCOME, ADJUSTED OPERATING INCOME, EBITDA AND ADJUSTED EBITDA BY SEGMENT

($ MILLIONS)
Year Ended
December 31, 2021		Year Ended
December 31, 2022		Year Ended
December 31, 2023
As Previously Reported
As Recast(a)
As Previously ReportedAs RecastAs Previously ReportedAs Recast
Orders
Water Infrastructure$2,471 $1,834 $2,607 $1,916 $3,060 $2,313 
Applied Water1,860 1,860 1,794 1,794 1,770 1,770 
Measurement and Control Solutions1,969 1,845 1,856 1,736 1,803 1,670 
Integrated Solutions and Services— — — — 868 — 
Water Solutions and Services— 761 — 811 — 1,748 
Total$6,300 $6,300 $6,257 $6,257 $7,501 $7,501 
Revenue
Water Infrastructure$2,247 $1,647 $2,364 $1,686 $2,967 $2,215 
Applied Water1,613 1,613 1,767 1,767 1,853 1,853 
Measurement and Control Solutions1,335 1,234 1,391 1,275 1,729 1,612 
Integrated Solutions and Services— — — — 815 — 
Water Solutions and Services— 701 — 794 — 1,684 
Total$5,195 $5,195 $5,522 $5,522 $7,364 $7,364 
(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.

Year Ended
December 31, 2021		Year Ended
December 31, 2022		Year Ended
December 31, 2023
As Previously Reported
As Recast(a)
As Previously ReportedAs RecastAs Previously ReportedAs Recast
Operating Income
Water Infrastructure$387 $277 $418 $279 $419 $275 
Applied Water240 240 258 258 310 310 
Measurement and Control Solutions12 27 2 19 113 133 
Integrated Solutions and Services— — — — 8 — 
Water Solutions and Services— 95 — 122 — 132 
Corporate and Other(54)(54)(56)(56)(198)(198)
Total$585 $585 $622 $622 $652 $652 
Adjustments(b)
Water Infrastructure$12 $15 $15 $13 $100 $93 
Applied Water8 8 13 13 14 14 
Measurement and Control Solutions3 65 92 80 90 80 
Integrated Solutions and Services— — — — 97 — 
Water Solutions and Services— 14 — 14 — 114 
Corporate and Other3 3 2 2 119 119 
Total$26 $105 $122 $122 $420 $420 
(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.

Year Ended
December 31, 2021		Year Ended
December 31, 2022		Year Ended
December 31, 2023
As Previously Reported
As Recast(a)
As Previously ReportedAs RecastAs Previously ReportedAs Recast
Adjusted Operating Income
Water Infrastructure$399 $292 $433 $292 $519 $368 
Applied Water248 248 271 271 324 324 
Measurement and Control Solutions15 92 94 99 203 213 
Integrated Solutions and Services— — — — 105 — 
Water Solutions and Services— 109 — 136 — 246 
Corporate and Other(51)(51)(54)(54)(79)(79)
Total$611 $690 $744 $744 $1,072 $1,072 
(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.

Year Ended
December 31, 2021		Year Ended
December 31, 2022		Year Ended
December 31, 2023
As Previously Reported
As Recast(a)
As Previously ReportedAs RecastAs Previously ReportedAs Recast
EBITDA
Water Infrastructure$433 $307 $467 $310 $532 $367 
Applied Water261 267 275 281 329 336 
Measurement and Control Solutions155 150 138 136 248 252 
Integrated Solutions and Services— — — — 138 — 
Water Solutions and Services— 145 — 172 — 317 
Corporate and Other/Regional Selling Locations(24)(44)(170)(189)(155)(180)
Total$825 $825 $710 $710 $1,092 $1,092 
Adjustments(c)
Water Infrastructure$14 $17 $13 $16 $66 $59 
Applied Water10 9 17 17 17 16 
Measurement and Control Solutions9 8 29 28 30 29 
Integrated Solutions and Services— — — — 43 — 
Water Solutions and Services— 5 — 6 — 52 
Corporate and Other/Regional Selling Locations32 26 171 163 144 144 
Total$65 $65 $230 $230 $300 $300 
(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.

Year Ended
December 31, 2021		Year Ended
December 31, 2022		Year Ended
December 31, 2023
As Previously Reported
As Recast(a)
As Previously ReportedAs RecastAs Previously ReportedAs Recast
Adjusted EBITDA
Water Infrastructure$447 $324 $480 $326 $598 $426 
Applied Water271 276 292 298 346 352 
Measurement and Control Solutions164 158 167 164 278 281 
Integrated Solutions and Services— — — — 181 — 
Water Solutions and Services— 150 — 178 — 369 
Corporate and Other/Regional Selling Locations8 (18)1 (26)(11)(36)
Total$890 $890 $940 $940 $1,392 $1,392 
Adjusted EBITDA Margin
Water Infrastructure19.9 %19.7 %20.3 %19.3 %20.2 %19.2 %
Applied Water16.8 %17.1 %16.5 %16.9 %18.7 %19.0 %
Measurement and Control Solutions12.3 %12.8 %12.0 %12.9 %16.1 %17.4 %
Integrated Solutions and ServicesN/AN/AN/AN/A22.2 %N/A
Water Solutions and ServicesN/A21.4 %N/A22.4 %N/A21.9 %
Total17.1 %17.1 %17.0 %17.0 %18.9 %18.9 %

(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.


1Q 20232Q 20233Q 20234Q 2023
As Previously ReportedAs RecastAs Previously ReportedAs RecastAs Previously ReportedAs RecastAs Previously ReportedAs Recast
Orders
Water Infrastructure$639 $461 $751 $563 $850 $656 $820 $633 
Applied Water483 483 445 445 422 422 420 420 
Measurement and Control Solutions448 415 497 470 375 343 483 442 
Integrated Solutions and Services— — 163 — 384 — 321 — 
Water Solutions and Services— 211 — 378 — 610 — 549 
Total$1,570 $1,570 $1,856 $1,856 $2,031 $2,031 $2,044 $2,044 
Revenue
Water Infrastructure$589 $410 $704 $519 $803 $612 $871 $674 
Applied Water453 453 478 478 465 465 457 457 
Measurement and Control Solutions406 378 415 384 440 413 468 437 
Integrated Solutions and Services— — 125 — 368 — 322 — 
Water Solutions and Services— 207 — 341 — 586 — 550 
Total$1,448 $1,448 $1,722 $1,722 $2,076 $2,076 $2,118 $2,118 
Operating Income
Water Infrastructure$70 $46 $106 $70 $128 $84 $115 $75 
Applied Water83 83 84 84 73 73 70 70 
Measurement and Control Solutions20 26 26 29 27 35 40 43 
Integrated Solutions and Services— — (7)— (3)— 18 — 
Water Solutions and Services— 18 — 26 — 33 — 55 
Corporate and Other(42)(42)(90)(90)(34)(34)(32)(32)
Total$131 $131 $119 $119 $191 $191 $211 $211 
(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.

1Q 20232Q 20233Q 20234Q 2023
As Previously ReportedAs RecastAs Previously ReportedAs RecastAs Previously ReportedAs RecastAs Previously ReportedAs Recast
Adjustments(b)
Water Infrastructure$4 $4 $23 $22 $24 $23 $49 $44 
Applied Water3 3 2 2 6 6 3 3 
Measurement and Control Solutions24 21 20 18 23 21 23 20 
Integrated Solutions and Services— — 25 — 52 — 20 — 
Water Solutions and Services— 3 — 28 — 55 — 28 
Corporate and Other23 23 70 70 19 19 7 7 
Total$54 $54 $140 $140 $124 $124 $102 $102 
Adjusted Operating Income
Water Infrastructure$74 $50 $129 $92 $152 $107 $164 $119 
Applied Water86 86 86 86 79 79 73 73 
Measurement and Control Solutions44 47 46 47 50 56 63 63 
Integrated Solutions and Services— — 18 — 49 — 38 — 
Water Solutions and Services— 21 — 54 — 88 — 83 
Corporate and Other(19)(19)(20)(20)(15)(15)(25)(25)
Total$185 $185 $259 $259 $315 $315 $313 $313 
(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.

1Q 20232Q 20233Q 20234Q 2023
As Previously ReportedAs RecastAs Previously ReportedAs RecastAs Previously ReportedAs RecastAs Previously ReportedAs Recast
EBITDA
Water Infrastructure$84 $55 $131 $89 $158 $110 $159 $113 
Applied Water87 88 89 91 79 80 74 77 
Measurement and Control Solutions54 56 61 59 60 66 73 71 
Integrated Solutions and Services— — 13 — 63 — 62 — 
Water Solutions and Services— 31 — 60 — 112 114 
Corporate and Other/Regional Selling Locations(37)(42)(83)(88)(22)(30)(13)(20)
Total$188 $188 $211 $211 $338 $338 $355 $355 
Adjustments(c)
Water Infrastructure$5 $5 $20 $17 $12 $12 $29 $25 
Applied Water4 4 2 2 6 7 5 3 
Measurement and Control Solutions9 9 4 4 9 7 8 9 
Integrated Solutions and Services— — 17 — 20 — 6 — 
Water Solutions and Services— 1 — 19 — 21 — 11 
Corporate and Other/Regional Selling Locations30 29 75 76 26 26 13 13 
Total$48 $48 $118 $118 $73 $73 $61 $61 
Adjusted EBITDA
Water Infrastructure$89 $60 $151 $106 $170 $122 $188 $138 
Applied Water91 92 91 93 85 87 79 80 
Measurement and Control Solutions63 65 65 63 69 73 81 80 
Integrated Solutions and Services— — 30 — 83 — 68 — 
Water Solutions and Services— 32 — 79 — 133 — 125 
Corporate and Other/Regional Selling Locations(7)(13)(8)(12)4 (4)— (7)
Total$236 $236 $329 $329 $411 $411 $416 $416 
(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.

1Q 20232Q 20233Q 20234Q 2023
As Previously ReportedAs RecastAs Previously ReportedAs RecastAs Previously ReportedAs RecastAs Previously ReportedAs Recast
Adjusted EBITDA Margin
Water Infrastructure15.1 %14.6 %21.4 %20.4 %21.2 %19.9 %21.6 %20.5 %
Applied Water20.1 %20.3 %19.0 %19.5 %18.3 %18.7 %17.3 %17.5 %
Measurement and Control Solutions15.5 %17.2 %15.7 %16.4 %15.7 %17.7 %17.3 %18.3 %
Integrated Solutions and ServicesN/AN/A24.0 %N/A22.6 %N/A21.1 %N/A
Water Solutions and ServicesN/A15.5 %N/A23.2 %N/A22.7 %N/A22.7 %
Total16.3 %16.3 %19.1 %19.1 %19.8 %19.8 %19.6 %19.6 %


(a)Adjusted operating income amounts for 2021 have been recast to adjust for historical purchase accounting intangible amortization consistent with previously reported adjusted operating income amounts for 2022 and 2023.
(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.
(c)Adjustments consist of share-based compensation expense, restructuring and realignment costs and special charges. The recast information reflects depreciation, amortization and share-based compensation specifically identified to the segments which were previously reported within Corporate and other and Regional selling locations as part of an overall allocation.

Xylem Inc. Non-GAAP Reconciliation

Recast - GAAP vs. Organic & Constant Currency Growth -Year ended December 31, 2023

($ Millions)
(As Recast - GAAP)(As Adjusted - Organic)Constant 
Currency
(A)(B)(C)(D)(E)=B+C+D(F) = E/A(G) = (E - C) / A
OrdersOrdersChange
 2023 v. 2022		% Change
 2023 v. 2022		Acquisitions/
Divestitures		FX
Impact		Change

Adj. 2023 v. 2022		% Change
Adj. 2023 v. 2022
20232022
Year Ended December 31
Xylem Inc.$7,501 $6,257 $1,244 20 %$(1,220)$41 $65 1 %21 %
Water Infrastructure2,313 1,916 397 21 %(352)17 62 3 %22 %
Applied Water1,770 1,794 (24)(1)%— 18 (6)— %— %
Measurement and Control Solutions1,670 1,736 (66)(4)%— (1)(67)(4)%(4)%
Water Solutions and Services1,748 811 937 116 %(868)7 76 9 %116 %
Quarter Ended December 31
Xylem Inc.$2,044 $1,439 $605 42 %$(451)$(17)$137 10 %41 %
Water Infrastructure633 452 181 40 %(130)(9)42 9 %38 %
Applied Water420 400 20 5 %— (2)18 5 %5 %
Measurement and Control Solutions442 391 51 13 %— (5)46 12 %12 %
Water Solutions and Services549 196 353 180 %(321)(1)31 16 %180 %


(As Recast - GAAP)(As Adjusted - Organic)Constant 
Currency
(A)(B)(C)(D)(E)=B+C+D(F) = E/A(G) = (E - C) / A
OrdersOrdersChange
 2023 v. 2022		% Change
 2023 v. 2022		Acquisitions/
Divestitures		FX
Impact		Change

Adj. 2023 v. 2022		% Change
Adj. 2023 v. 2022
20232022
Quarter Ended September 30
Xylem Inc.$2,031 $1,419 $612 43 %$(547)$(18)$47 3 %42 %
Water Infrastructure656 424 232 55 %(163)(7)62 15 %53 %
Applied Water422 409 13 3 %— (4)9 2 %2 %
Measurement and Control Solutions343 388 (45)(12)%— (5)(50)(13)%(13)%
Water Solutions and Services610 198 412 208 %(384)(2)26 13 %207 %
Quarter Ended June 30
Xylem Inc.$1,856 $1,684 $172 10 %$(222)$23 $(27)(2)%12 %
Water Infrastructure563 558 5 1 %(59)10 (44)(8)%3 %
Applied Water445 480 (35)(7)%— 6 (29)(6)%(6)%
Measurement and Control Solutions470 444 26 6 %— 3 29 7 %7 %
Water Solutions and Services378 202 176 87 %(163)4 17 8 %89 %
Quarter Ended March 31
Xylem Inc.$1,570 $1,715 $(145)(8)%$— $53 $(92)(5)%(5)%
Water Infrastructure461 482 (21)(4)%— 23 2 — %— %
Applied Water483 505 (22)(4)%— 18 (4)(1)%(1)%
Measurement and Control Solutions415 513 (98)(19)%— 6 (92)(18)%(18)%
Water Solutions and Services211 215 (4)(2)%— 6 2 1 %1 %



Xylem Inc. Non-GAAP Reconciliation

Recast - GAAP vs. Organic & Constant Currency Growth -Year ended December 31, 2023

($ Millions)
(As Recast - GAAP)(As Adjusted - Organic)Constant 
Currency
(A)(B)(C)(D)(E)=B+C+D(F) = E/A(G) = (E - C) / A
RevenueRevenueChange
 2023 v. 2022		% Change
 2023 v. 2022		Acquisitions/
Divestitures		FX
Impact		Change

Adj. 2023 v. 2022		% Change
Adj. 2023 v. 2022
20232022
Year Ended December 31
Xylem Inc.$7,364 $5,522 $1,842 33 %$(1,177)$25 $690 12 %34 %
Water Infrastructure2,215 1,686 529 31 %(362)8 175 10 %32 %
Applied Water1,853 1,767 86 5 %— 10 96 5 %5 %
Measurement and Control Solutions1,612 1,275 337 26 %— — 337 26 %26 %
Water Solutions and Services1,684 794 890 112 %(815)7 82 10 %113 %
Quarter Ended December 31
Xylem Inc.$2,118 $1,506 $612 41 %$(459)$(17)$136 9 %40 %
Water Infrastructure674 484 190 39 %(137)(7)46 10 %38 %
Applied Water457 455 2 — %— (4)(2)— %— %
Measurement and Control Solutions437 347 90 26 %— (4)86 25 %25 %
Water Solutions and Services550 220 330 150 %(322)(2)6 3 %149 %


(As Recast - GAAP)(As Adjusted - Organic)Constant 
Currency
(A)(B)(C)(D)(E)=B+C+D(F) = E/A(G) = (E - C) / A
RevenueRevenueChange
 2023 v. 2022		% Change
 2023 v. 2022		Acquisitions/
Divestitures		FX
Impact		Change

Adj. 2023 v. 2022		% Change
Adj. 2023 v. 2022
20232022
Quarter Ended September 30
Xylem Inc.$2,076 $1,380 $696 50 %$(540)$(22)$134 10 %49 %
Water Infrastructure612 403 209 52 %(172)(12)25 6 %49 %
Applied Water465 458 7 2 %— (3)4 1 %1 %
Measurement and Control Solutions413 320 93 29 %— (5)88 28 %28 %
Water Solutions and Services586 199 387 194 %(368)(2)17 9 %193 %
Quarter Ended June 30
Xylem Inc.$1,722 $1,364 $358 26 %$(178)$19 $199 15 %28 %
Water Infrastructure519 421 98 23 %(53)9 54 13 %25 %
Applied Water478 429 49 11 %— 4 53 12 %12 %
Measurement and Control Solutions384 318 66 21 %— 2 68 21 %21 %
Water Solutions and Services341 196 145 74 %(125)4 24 12 %76 %
Quarter Ended March 31
Xylem Inc.$1,448 $1,272 $176 14 %$— $45 $221 17 %17 %
Water Infrastructure410 378 32 8 %— 18 50 13 %13 %
Applied Water453 425 28 7 %— 13 41 10 %10 %
Measurement and Control Solutions378 290 88 30 %— 7 95 33 %33 %
Water Solutions and Services207 179 28 16 %— 7 35 20 %20 %

v3.24.0.1
Cover Page
Mar. 08, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Mar. 08, 2024
Entity Registrant Name XYLEM INC.
Entity Incorporation, State or Country Code IN
Entity File Number 001-35229
Entity Tax Identification Number 45-2080495
Entity Address, Address Line One 301 Water Street SE
Entity Address, City or Town Washington
Entity Address, State or Province DC
Entity Address, Postal Zip Code 20003
City Area Code 202
Local Phone Number 869-9150
Title of 12(b) Security Common Stock, par value $0.01 per share
Trading Symbol XYL
Security Exchange Name NYSE
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0001524472
Amendment Flag false
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