- \n
- Strong orders and backlog, solid earnings performance and margin expansion reflect <\/b>operational excellence<\/b> despite a more cautious spending environment<\/b><\/li>\n
- Company accelerates transformation strategy, announces intent to divest Applied Water International and Specialty Flow Control<\/b>; and move to three segment structure in 2027<\/b><\/li>\n<\/ul>\n
WASHINGTON–(BUSINESS WIRE<\/a>)–
\nXylem Inc. (NYSE: XYL), a leading global water solutions company dedicated to solving the world\u2019s most challenging water issues, today reported third-quarter 2026 results and announced actions to further accelerate its portfolio transformation.<\/p>\n\nWhile revenue was impacted by project timing and more cautious spending decisions, strong order activity and solid earnings performance demonstrated the resilience of the business and the benefits of the company\u2019s transformation. Xylem also announced its intent to divest Applied Water International and Specialty Flow Control, and beginning in 2027, the alignment of its businesses from four segments to three.<\/p>\n
Third Quarter Results<\/span><\/b><\/p>\n
\nHighlights:<\/p>\n
- \n
- \nOrders of $2.3 billion, up 7% on a reported basis and 10% organically<\/p>\n<\/li>\n
- \nRevenue of $2.2 billion, down 3% on a reported basis and flat organically<\/p>\n<\/li>\n
- \nEarnings per share of $1.25, up 34%; $1.44 on an adjusted basis, up 5%<\/p>\n<\/li>\n<\/ul>\n
\nThird quarter results reflected a mixed operating environment. The company delivered total revenue of $2.2 billion against a dynamic backdrop. Third-quarter earnings per share were up 34 percent on a reported basis and 5 percent on an adjusted basis.<\/p>\n
\nNet income attributable to Xylem for the quarter was $291 million, or $1.25 per share. Net income margin increased 320 basis points to 13.2 percent. These results are primarily driven by strong operational performance and lower loss on sale of businesses, partially offset by increased interest and income tax expense. Adjusted net income attributable to Xylem was $336 million, or $1.44 per share, which excludes purchase accounting intangible amortization, loss on sale of businesses, restructuring and realignment costs, and special charges, including the impact of IEEPA tariff refunds.<\/p>\n
\nThird-quarter adjusted earnings before interest, tax, depreciation, and amortization (EBITDA) margin was 23.9 percent, reflecting a year-over-year increase of 70 basis points. Productivity savings and strong price realization drove the margin expansion, exceeding the impact of inflation, lower volumes, and mix.<\/p>\n
Outlook<\/span><\/b><\/p>\n
\nXylem now forecasts full-year 2026 revenue of approximately $8.95 billion, down 1 percent year over year on a reported basis, versus prior guidance of up 2 percent, and flat on an organic basis, versus prior guidance of up 2 to 3 percent.<\/p>\n
\nFull-year 2026 adjusted EBITDA margin is expected to be approximately 23.2 percent, an increase of 100 basis points versus Xylem\u2019s 2025 adjusted results. This results in full-year adjusted earnings per share of $5.40 to $5.45, down from the previous guidance range of $5.55 to $5.70. Full-year free cash flow margin is expected to be approximately 10.2 percent, versus 10.2 to 11.0 percent previously guided.<\/p>\n
\nFurther 2026 planning assumptions are included in Xylem\u2019s third-quarter 2026 earnings materials posted at www.xylem.com\/investors<\/a>. Excluding revenue, Xylem provides guidance only on a non-GAAP basis due to the inherent difficulty in forecasting certain amounts that would be included in GAAP earnings, such as discrete tax items, without unreasonable effort.<\/p>\n
\nSupplemental information on Xylem\u2019s third-quarter earnings, as well as definitions of and reconciliations for certain non-GAAP items is posted at www.xylem.com\/investors<\/a>.<\/p>\n
Sharpening Xylem\u2019s Focus for Growth<\/span><\/b><\/p>\n
\nXylem’s planned divestiture of Applied Water International and Specialty Flow Control and its move to a three-segment structure are designed to create a more focused company aligned around customer needs and long-term growth priorities.<\/p>\n
\nThe planned divestitures further sharpen Xylem\u2019s focus, enabling the company to direct capital toward the technologies, capabilities and markets that align most closely with its long-term strategy. Xylem is already seeing momentum in high-growth industry verticals, including data centers and microelectronics, reinforcing the opportunity to increase investment and exposure in these markets.<\/p>\n
\nBeginning January 1, 2027, Xylem will align its business into three segments: Treatment and Services, Flow Solutions, and Measurement and Analytics. The new structure brings together complementary technologies and capabilities around the core activities of moving water, treating water, and measuring and optimizing water systems. By bringing together businesses with shared customers, technologies and growth opportunities, Xylem expects to unlock greater value across the portfolio and operate with greater simplicity, speed and accountability. Treatment and Services will be led by Rodney Aulick; Flow Solutions will be led by Joe Johnston; and Measurement and Analytics will be led by Meredith Emmerich.<\/p>\n
\n\u201cWe\u2019re moving with urgency to shape Xylem around the markets where our capabilities can deliver the greatest customer value and strongest long-term growth,” said Matthew Pine, president and CEO of Xylem. “The resilience we\u2019ve built, evident this quarter, allows us to make those choices deliberately and from a position of strength.\u201d<\/p>\n
About Xylem<\/b><\/p>\n
\nXylem (XYL) is a Fortune 500 global water solutions company that empowers customers and communities to build a more water-secure world. Our 22,000 employees delivered revenue of $9 billion in 2025, optimizing water and resource management with innovation and expertise. Join us at www.xylem.com<\/a> and Let\u2019s Solve Water.<\/p>\n
\n
\n \n XYLEM INC. AND SUBSIDIARIES<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n \nCONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited)<\/p>\n<\/td>\n<\/tr>\n
\n \n \n(in millions, except per share data)<\/p>\n<\/td>\n<\/tr>\n
\n \u00a0<\/td>\n<\/tr>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n Three Months<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n Nine Months<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n For the periods ended September 30,<\/b><\/p>\n<\/td>\n
\n 2026<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2025<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 2026<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2025<\/p>\n<\/td>\n<\/tr>\n
\n \n \nRevenue from products<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 1,807<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n1,867<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 5,517<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n5,487<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nRevenue from services<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 394<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n401<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,145<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,151<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nRevenue<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 2,201<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2,268<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 6,662<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n6,638<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCost of revenue from products<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,026<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,109<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 3,176<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n3,279<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCost of revenue from services<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 268<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n276<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 813<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n816<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCost of revenue<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,294<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,385<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 3,989<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n4,095<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nGross profit<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 907<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n883<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 2,673<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2,543<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nSelling, general and administrative expenses<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 458<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n474<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,433<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,437<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nResearch and development expenses<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 56<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n52<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 171<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n166<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nRestructuring and asset impairment charges<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 8<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n23<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 50<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n70<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOperating income<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 385<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n334<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,019<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n870<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nInterest expense<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (21<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(6<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (32<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(23<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOther non-operating income, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 6<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n6<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 3<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n13<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nLoss on sale of businesses<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (5<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(37<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (17<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(47<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nIncome before taxes<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 365<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n297<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 973<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n813<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nIncome tax expense<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (77<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(71<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (235<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(196<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nNet income<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 288<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n226<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 738<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n617<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nNet loss attributable to non-controlling interests<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 3<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 9<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n5<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nNet income attributable to Xylem<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 291<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n227<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 747<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n622<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nEarnings per share:<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nBasic<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 1.25<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n0.93<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 3.15<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n2.56<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nDiluted<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 1.25<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n0.93<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 3.14<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n2.55<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nWeighted average number of shares:<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nBasic<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 232.7<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n243.5<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 237.3<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n243.3<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nDiluted<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 233.0<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n244.1<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 237.7<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n243.9<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
\n
\n \n XYLEM INC. AND SUBSIDIARIES<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n \nCONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (in millions)<\/p>\n<\/td>\n<\/tr>\n
\n \u00a0<\/td>\n<\/tr>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n September 30,<\/b><\/p>\n
2026<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nDecember 31,<\/p>\n
\n2025<\/p>\n<\/td>\n<\/tr>\n
\n \n ASSETS<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCurrent assets:<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCash and cash equivalents<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 708<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n1,479<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nReceivables, less allowances for discounts, returns and credit losses of $58 and $68 in 2026 and 2025, respectively<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,965<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,759<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nInventories<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,052<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n983<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nPrepaid and other current assets<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 227<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n244<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAssets held for sale<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \u2014<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n176<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nTotal current assets<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 3,952<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n4,641<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nProperty, plant and equipment, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,203<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,159<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nGoodwill<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 8,524<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n8,332<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOther intangible assets, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 2,220<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2,272<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOther non-current assets<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,427<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,230<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Total assets<\/b><\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 17,326<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n17,634<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n LIABILITIES, REDEEMABLE NON-CONTROLLING INTEREST, AND STOCKHOLDERS\u2019 EQUITY<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n \nCurrent liabilities:<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAccounts payable<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 1,055<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n1,013<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAccrued and other current liabilities<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,257<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,237<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nShort-term borrowings and current maturities of long-term debt<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 530<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n534<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nLiabilities held for sale<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \u2014<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n72<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nTotal current liabilities<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 2,842<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2,856<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nLong-term debt, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 2,365<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,408<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAccrued post-retirement benefit obligations<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 295<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n317<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nDeferred income tax liabilities<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 453<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n405<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOther non-current accrued liabilities<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 860<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n899<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Total liabilities<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 6,815<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n5,885<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Redeemable non-controlling interest<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 239<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n258<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nStockholders\u2019 equity:<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCommon stock \u2014 par value $0.01 per share:<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAuthorized 750.0 shares, issued 260.3 and 259.9 shares in 2026 and 2025, respectively<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 3<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n3<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCapital in excess of par value<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 8,801<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n8,759<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nRetained earnings<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 4,147<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n3,706<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nTreasury stock \u2013 at cost 30.0 shares and 16.3 shares in 2026 and 2025, respectively<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (2,375<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(768<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAccumulated other comprehensive loss<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (307<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(220<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n Total stockholders\u2019 equity<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 10,269<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n11,480<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nNon-controlling interest<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 3<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n11<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Total equity<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 10,272<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n11,491<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Total liabilities, redeemable non-controlling interest, and stockholders\u2019 equity<\/b><\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 17,326<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n17,634<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
\n
\n \n XYLEM INC. AND SUBSIDIARIES<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n \nCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (in millions)<\/p>\n<\/td>\n<\/tr>\n
\n \u00a0<\/td>\n<\/tr>\n \n \n For the nine months ended September 30,<\/b><\/p>\n<\/td>\n
\n 2026<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2025<\/p>\n<\/td>\n<\/tr>\n
\n \n Operating Activities<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nNet income<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 738<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n617<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAdjustments to reconcile net income to net cash provided by operating activities:<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nDepreciation<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 195<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n201<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAmortization<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 222<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n231<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nShare-based compensation<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 39<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n37<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nRestructuring and asset impairment charges<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 50<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n70<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nLoss from sale of businesses<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 17<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n47<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOther, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (32<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n3<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nPayments for restructuring<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (59<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(48<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nChanges in assets and liabilities (net of acquisitions):<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nChanges in receivables<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (201<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(113<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nChanges in inventories<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (72<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(30<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nChanges in accounts payable<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 29<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(45<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nChanges in accrued and deferred taxes<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 14<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(12<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nChanges in long term receivables<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (147<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(108<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOther, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (64<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(152<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n Net Cash \u2014 Operating activities<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 729<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n698<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Investing Activities<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCapital expenditures<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (268<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(248<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nAcquisitions of businesses, net of cash acquired<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (425<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(113<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nProceeds from sale of businesses, net of cash disposed<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 95<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n48<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nProceeds from the sale of property, plant and equipment<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 12<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n15<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCash received from investments<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 8<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n5<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCash paid for investments<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (10<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(26<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCash paid for equity investments<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (4<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(5<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCash paid for asset acquisition<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (2<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(37<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCash received from cross-currency swaps<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 39<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n31<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOther, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Net Cash \u2014 Investing activities<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (554<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(329<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n Financing Activities<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nShort-term debt issued, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 4<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n8<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nShort-term debt repaid<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (5<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(7<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nLong-term debt issued, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 990<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nLong-term debt repaid, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (10<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(60<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nRepurchase of common stock<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (1,580<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(14<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nProceeds from exercise of employee stock options<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 3<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n11<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nDividends paid<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (307<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(293<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nOther, net<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (30<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(27<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n Net Cash \u2014 Financing activities<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (935<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(382<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n Effect of exchange rate changes on cash<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (23<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n83<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nIncrease in cash classified within assets held for sale<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \u2014<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(11<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \nDecrease in cash classified within assets held for sale<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 12<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n11<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Changes in cash classified within assets held for sale<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 12<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nNet change in cash and cash equivalents<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (771<\/b><\/p>\n<\/td>\n
\n )<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n70<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCash and cash equivalents at beginning of year<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n 1,479<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n1,121<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Cash and cash equivalents at end of period<\/b><\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 708<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n1,191<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Supplemental disclosure of cash flow information:<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nCash paid during the year for:<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nInterest<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 39<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n43<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \nIncome taxes (net of refunds received)<\/p>\n<\/td>\n
\n $<\/b><\/p>\n<\/td>\n
\n 221<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n$<\/p>\n<\/td>\n
\n \n208<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
\n
\n Xylem Inc. Non-GAAP Measures<\/b><\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n Management reviews key performance indicators including revenue, gross margins, segment operating income and margins, orders growth, working capital and backlog, among others. In addition, we consider certain non-GAAP (or “adjusted”) measures 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. Excluding revenue, Xylem provides guidance only on a non-GAAP basis due to the inherent difficulty in forecasting certain amounts that would be included in GAAP earnings, such as discrete tax items, without unreasonable effort. 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 operating activities as determined in accordance with GAAP. We consider the following items to represent the non-GAAP measures that we consider to be key performance indicators, as well as the related reconciling items to the most directly comparable measure calculated and presented in accordance with GAAP. The non-GAAP measures may not be comparable to similarly titled measures reported by other companies.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \u201cOrganic revenue” and “Organic orders\u201d<\/b> defined as revenue and orders, respectively, excluding the impact of fluctuations in foreign currency translation and contributions from acquisitions and divestitures. Divestitures include sales or discontinuance of insignificant portions of our business that did not meet the criteria for classification as a discontinued operation. The period-over-period change resulting from foreign currency translation impacts is determined by translating current period and prior period activity using the same currency conversion rate.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \u201cEBITDA\u201d <\/b>defined as earnings before interest, taxes, depreciation and amortization expense. \u201cAdjusted EBITDA\u201d <\/b>and “Adjusted Segment EBITDA” <\/b>reflect the adjustments to EBITDA and segment EBITDA, respectively, to exclude share-based compensation charges, restructuring and realignment costs, gain or loss from sale of businesses and special charges.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n “Adjusted EBITDA Margin” <\/b>and “Adjusted Segment EBITDA Margin”<\/b> defined as adjusted EBITDA and adjusted segment EBITDA divided by total revenue and segment revenue, respectively.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n “Adjusted Operating Income”, “Adjusted Segment Operating Income”, “Adjusted Net Income” and \u201cAdjusted EPS\u201d <\/b>defined as operating income, segment operating income, net income attributable to Xylem and earnings per share attributable to Xylem, adjusted to exclude restructuring and realignment costs, amortization of acquired intangible assets, gain or loss from sale of businesses, special charges and tax-related special items, as applicable.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n “Adjusted Operating Margin” <\/b>and “Adjusted Segment Operating Margin” <\/b>defined as adjusted operating income and adjusted segment operating income divided by total revenue and segment revenue, respectively.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \u201cFree Cash Flow\u201d <\/b>defined as net cash from operating activities, less capital expenditures, as reported in the Statement of Cash Flows. Our definition of free cash flow does not consider certain non-discretionary cash payments, such as debt.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n “Free Cash Flow Margin” <\/b>defined as free cash flow, adjusted (as applicable) for significant cash paid or received for non-operational tax, acquisition or divestiture activities; divided by revenue.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \u201cRealignment costs\u201d<\/b> defined as costs not included in restructuring costs that are incurred as part of actions taken to reposition our business, including items such as professional fees, severance, relocation, travel, facility set-up and other costs.<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \u201cSpecial charges” <\/b>defined as non-recurring costs incurred by the Company, such as those related to acquisitions and integrations, divestitures non-cash impairment charges and other special charges. In 2026, these charges include reductions of expense related to the refunds of certain tariffs previously imposed under the International, Emergency Economic Powers Act (“IEEPA”).<\/td>\n<\/tr>\n \n \u00a0<\/td>\n<\/tr>\n \n \u201cTax-related special items”<\/b> defined as tax items, such as tax return versus tax provision adjustments, tax exam impacts, tax law change impacts, excess tax benefits\/losses and other discrete tax adjustments.<\/td>\n<\/tr>\n<\/table>\n \n
\n Xylem Inc. Non-GAAP Reconciliation<\/b><\/td>\n<\/tr>\n \n Reported vs. Organic Orders ($ Millions)<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n (As Reported)<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (As Adjusted – Organic)<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(A)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(B)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(C)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(D)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(E)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(F) = B+C+D+E<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(G) = F\/(A-D)<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nChange<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n% Change<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nAcquisitions<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nDivestitures<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nChange<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n% Change<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \nOrders<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nOrders<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2026 v. 2025<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2026 v. 2025<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nBook-to-Bill<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nFX Impact<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nAdj. 2026 v. 2025<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nAdj. 2026 v. 2025<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n2026<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2025<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Nine Months Ended September 30<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Xylem Inc.<\/b><\/td>\n \n \n7,645<\/p>\n<\/td>\n
\n \n \n6,513<\/p>\n<\/td>\n
\n \n \n1,132<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n17<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n115<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(38<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n102<\/p>\n<\/td>\n
\n \n \n(115<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n1,081<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n17<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Infrastructure<\/td>\n \n \n2,019<\/p>\n<\/td>\n
\n \n \n1,981<\/p>\n<\/td>\n
\n \n \n38<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n105<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(23<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n12<\/p>\n<\/td>\n
\n \n \n(47<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(20<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Applied Water<\/td>\n \n \n1,552<\/p>\n<\/td>\n
\n \n \n1,419<\/p>\n<\/td>\n
\n \n \n133<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n9<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n108<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n10<\/p>\n<\/td>\n
\n \n \n(20<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n123<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n9<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Measurement and Control Solutions<\/td>\n \n \n1,409<\/p>\n<\/td>\n
\n \n \n1,285<\/p>\n<\/td>\n
\n \n \n124<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n10<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n97<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n80<\/p>\n<\/td>\n
\n \n \n(14<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n186<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n15<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Solutions and Services<\/td>\n \n \n2,665<\/p>\n<\/td>\n
\n \n \n1,828<\/p>\n<\/td>\n
\n \n \n837<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n46<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n145<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(11<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(34<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n792<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n43<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Quarter Ended September 30<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Xylem Inc.<\/b><\/td>\n \n \n2,331<\/p>\n<\/td>\n
\n \n \n2,181<\/p>\n<\/td>\n
\n \n \n150<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n7<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n106<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(11<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n74<\/p>\n<\/td>\n
\n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n209<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n10<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Infrastructure<\/td>\n \n \n675<\/p>\n<\/td>\n
\n \n \n683<\/p>\n<\/td>\n
\n \n \n(8<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n105<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n4<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(8<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Applied Water<\/td>\n \n \n502<\/p>\n<\/td>\n
\n \n \n445<\/p>\n<\/td>\n
\n \n \n57<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n13<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n103<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n10<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n67<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n15<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Measurement and Control Solutions<\/td>\n \n \n504<\/p>\n<\/td>\n
\n \n \n446<\/p>\n<\/td>\n
\n \n \n58<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n13<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n116<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n60<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n114<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n30<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Solutions and Services<\/td>\n \n \n650<\/p>\n<\/td>\n
\n \n \n607<\/p>\n<\/td>\n
\n \n \n43<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n7<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n103<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(5<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n36<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n6<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Quarter Ended June 30<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Xylem Inc.<\/b><\/td>\n \n \n3,086<\/p>\n<\/td>\n
\n \n \n2,174<\/p>\n<\/td>\n
\n \n \n912<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n42<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n132<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(15<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n23<\/p>\n<\/td>\n
\n \n \n(41<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n879<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n41<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Infrastructure<\/td>\n \n \n669<\/p>\n<\/td>\n
\n \n \n672<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n98<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(13<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n \n(13<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(26<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(4<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Applied Water<\/td>\n \n \n538<\/p>\n<\/td>\n
\n \n \n488<\/p>\n<\/td>\n
\n \n \n50<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n10<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n107<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(5<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n45<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n9<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Measurement and Control Solutions<\/td>\n \n \n430<\/p>\n<\/td>\n
\n \n \n437<\/p>\n<\/td>\n
\n \n \n(7<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n85<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n20<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n10<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Solutions and Services<\/td>\n \n \n1,449<\/p>\n<\/td>\n
\n \n \n577<\/p>\n<\/td>\n
\n \n \n872<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n151<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n225<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(20<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n850<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n147<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Quarter Ended March 31<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Xylem Inc.<\/b><\/td>\n \n \n2,228<\/p>\n<\/td>\n
\n \n \n2,158<\/p>\n<\/td>\n
\n \n \n70<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n105<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(12<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n5<\/p>\n<\/td>\n
\n \n \n(70<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(7<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Water Infrastructure<\/td>\n \n \n675<\/p>\n<\/td>\n
\n \n \n626<\/p>\n<\/td>\n
\n \n \n49<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n8<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n112<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(8<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n5<\/p>\n<\/td>\n
\n \n \n(32<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n14<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Applied Water<\/td>\n \n \n512<\/p>\n<\/td>\n
\n \n \n486<\/p>\n<\/td>\n
\n \n \n26<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n5<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n114<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(15<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n11<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Measurement and Control Solutions<\/td>\n \n \n475<\/p>\n<\/td>\n
\n \n \n402<\/p>\n<\/td>\n
\n \n \n73<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n18<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n94<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(11<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n62<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n15<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Solutions and Services<\/td>\n \n \n566<\/p>\n<\/td>\n
\n \n \n644<\/p>\n<\/td>\n
\n \n \n(78<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(12<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n100<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(12<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(94<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(15<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
\n
\n Xylem Inc. Non-GAAP Reconciliation<\/b><\/td>\n<\/tr>\n \n Reported vs. Organic Revenue ($ Millions)<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n (As Reported – GAAP)<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n (As Adjusted – Organic)<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(A)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(B)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(C)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(D)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(E)<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(F) = B+C+D+E<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n(G) = F\/(A-D)<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nChange<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n% Change<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nAcquisitions<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nDivestitures<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nChange<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n% Change<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \nRevenue<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nRevenue<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2026 v. 2025<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n2026 v. 2025<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nFX Impact<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nAdj. 2026 v. 2025<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \nAdj. 2026 v. 2025<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n2026<\/p>\n<\/td>\n
\n \n \n2025<\/p>\n<\/td>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Nine Months Ended September 30<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Xylem Inc.<\/b><\/td>\n \n \n6,662<\/p>\n<\/td>\n
\n \n \n6,638<\/p>\n<\/td>\n
\n \n \n24<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(29<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n116<\/p>\n<\/td>\n
\n \n \n(97<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n14<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Infrastructure<\/td>\n \n \n1,931<\/p>\n<\/td>\n
\n \n \n1,887<\/p>\n<\/td>\n
\n \n \n44<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(8<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n13<\/p>\n<\/td>\n
\n \n \n(45<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n4<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Applied Water<\/td>\n \n \n1,438<\/p>\n<\/td>\n
\n \n \n1,374<\/p>\n<\/td>\n
\n \n \n64<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n5<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n6<\/p>\n<\/td>\n
\n \n \n(19<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n51<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Measurement and Control Solutions<\/td>\n \n \n1,452<\/p>\n<\/td>\n
\n \n \n1,552<\/p>\n<\/td>\n
\n \n \n(100<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(6<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n(6<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n97<\/p>\n<\/td>\n
\n \n \n(14<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(23<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Water Solutions and Services<\/td>\n \n \n1,841<\/p>\n<\/td>\n
\n \n \n1,825<\/p>\n<\/td>\n
\n \n \n16<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(15<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(19<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(18<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Quarter Ended September 30<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Xylem Inc.<\/b><\/td>\n \n \n2,201<\/p>\n<\/td>\n
\n \n \n2,268<\/p>\n<\/td>\n
\n \n \n(67<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n(17<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n80<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(7<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Water Infrastructure<\/td>\n \n \n645<\/p>\n<\/td>\n
\n \n \n656<\/p>\n<\/td>\n
\n \n \n(11<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n6<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(8<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Applied Water<\/td>\n \n \n489<\/p>\n<\/td>\n
\n \n \n456<\/p>\n<\/td>\n
\n \n \n33<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n7<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n6<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n39<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n9<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Measurement and Control Solutions<\/td>\n \n \n436<\/p>\n<\/td>\n
\n \n \n522<\/p>\n<\/td>\n
\n \n \n(86<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(16<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n(6<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n68<\/p>\n<\/td>\n
\n \n \n1<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n(23<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(5<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Water Solutions and Services<\/td>\n \n \n631<\/p>\n<\/td>\n
\n \n \n634<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n(10<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(15<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Quarter Ended June 30<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Xylem Inc.<\/b><\/td>\n \n \n2,336<\/p>\n<\/td>\n
\n \n \n2,301<\/p>\n<\/td>\n
\n \n \n35<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(7<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n31<\/p>\n<\/td>\n
\n \n \n(29<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n30<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Infrastructure<\/td>\n \n \n683<\/p>\n<\/td>\n
\n \n \n650<\/p>\n<\/td>\n
\n \n \n33<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n5<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n \n(14<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n17<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Applied Water<\/td>\n \n \n501<\/p>\n<\/td>\n
\n \n \n483<\/p>\n<\/td>\n
\n \n \n18<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(5<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n13<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Measurement and Control Solutions<\/td>\n \n \n508<\/p>\n<\/td>\n
\n \n \n540<\/p>\n<\/td>\n
\n \n \n(32<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(6<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n29<\/p>\n<\/td>\n
\n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(7<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Water Solutions and Services<\/td>\n \n \n644<\/p>\n<\/td>\n
\n \n \n628<\/p>\n<\/td>\n
\n \n \n16<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(6<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n7<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Quarter Ended March 31<\/b><\/td>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Xylem Inc.<\/b><\/td>\n \n \n2,125<\/p>\n<\/td>\n
\n \n \n2,069<\/p>\n<\/td>\n
\n \n \n56<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(5<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n5<\/p>\n<\/td>\n
\n \n \n(65<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(9<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Water Infrastructure<\/td>\n \n \n603<\/p>\n<\/td>\n
\n \n \n581<\/p>\n<\/td>\n
\n \n \n22<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n5<\/p>\n<\/td>\n
\n \n \n(29<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(5<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Applied Water<\/td>\n \n \n448<\/p>\n<\/td>\n
\n \n \n435<\/p>\n<\/td>\n
\n \n \n13<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(14<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n
\n Measurement and Control Solutions<\/td>\n \n \n508<\/p>\n<\/td>\n
\n \n \n490<\/p>\n<\/td>\n
\n \n \n18<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(11<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n7<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Water Solutions and Services<\/td>\n \n \n566<\/p>\n<\/td>\n
\n \n \n563<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n \n(11<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(10<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
\n
\n Xylem Inc. Non-GAAP Reconciliation<\/b><\/td>\n<\/tr>\n \n Adjusted Diluted EPS<\/td>\n<\/tr>\n \n ($ Millions, except per share amounts)<\/td>\n<\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n \n Q3 2026<\/b><\/td>\n \n Q3 2025<\/b><\/td>\n<\/tr>\n \n \n \n As Reported<\/span><\/td>\n \n Adjustments<\/span><\/td>\n \n Adjusted<\/span><\/td>\n \n As Reported<\/span><\/td>\n \n Adjustments<\/span><\/td>\n \n Adjusted<\/span><\/td>\n<\/tr>\n \n \n Total Revenue<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,201<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,201<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,268<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,268<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Operating Income<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n385<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n43<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
a<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n428<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n334<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n95<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
a<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n429<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Operating Margin<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n 17.5<\/i><\/p>\n<\/td>\n
\n %<\/i><\/p>\n<\/td>\n
\n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n 19.4<\/i><\/p>\n<\/td>\n
\n %<\/i><\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n 14.7<\/i><\/p>\n<\/td>\n
\n %<\/i><\/p>\n<\/td>\n
\n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n 18.9<\/i><\/p>\n<\/td>\n
\n %<\/i><\/p>\n<\/td>\n<\/tr>\n
\n \n Interest Expense<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(21<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(21<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(6<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(6<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n Other Non-Operating Income (Expense)<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n6<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n6<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n6<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n6<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Gain\/(Loss) From Sale of Businesses<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(5<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n5<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
b<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(37<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n37<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
b<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Income before Taxes<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n365<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n48<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n413<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n297<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n132<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n429<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Provision for Income Taxes<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(77<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
c<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(80<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(71<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(26<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
c<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(97<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n Net Income<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n288<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n45<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n333<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n226<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n106<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n332<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Net Loss Attributable to Non-controlling Interests<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n3<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n3<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Net Income Attributable to Xylem<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n291<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n45<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n336<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n227<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n106<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n333<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Diluted Shares<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n233.0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n233.0<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n244.1<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n244.1<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n Diluted EPS<\/b><\/td>\n \n $<\/b><\/p>\n<\/td>\n
\n 1.25<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n $<\/b><\/p>\n<\/td>\n
\n 0.19<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n $<\/b><\/p>\n<\/td>\n
\n 1.44<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n $<\/b><\/p>\n<\/td>\n
\n 0.93<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n $<\/b><\/p>\n<\/td>\n
\n 0.44<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n $<\/b><\/p>\n<\/td>\n
\n 1.37<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n a<\/b><\/p>\n<\/td>\n
\n \nRestructuring & realignment costs: 2026 – $14 million; 2025 – $31 million<\/p>\n<\/td>\n<\/tr>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \nSpecial charges: 2026 – $10 million of acquisition, divestiture & integration costs, offset by $33 million of IEEPA tariff refunds ; 2025 – $9 million of acquisition, divestiture & integration costs<\/p>\n<\/td>\n<\/tr>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \nPurchase accounting intangible amortization: 2026 – $52 million; 2025 – $55 million<\/p>\n<\/td>\n<\/tr>\n
\n \n b<\/b><\/p>\n<\/td>\n
\n \nGain\/(Loss) from sale of businesses as per income statement for all periods presented<\/p>\n<\/td>\n<\/tr>\n
\n \n c<\/b><\/p>\n<\/td>\n
\n \n2026 – Net tax impact on pre-tax adjustments (notes a and b) of $8 million, offset by $5 million of other tax special expense items; 2025 – Net tax impact on pre-tax adjustments (notes a and b) of $27 million, offset by $1 million of other tax special expense items;<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
\n
\n Xylem Inc. Non-GAAP Reconciliation<\/b><\/td>\n<\/tr>\n \n EBITDA and Adjusted EBITDA by Quarter ($ Millions)<\/td>\n<\/tr>\n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n 2026<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n \n Q1<\/td>\n \n Q2<\/td>\n \n Q3<\/td>\n \n Q4<\/td>\n \n Total<\/td>\n<\/tr>\n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Net Income attributable to Xylem<\/td>\n \n \n \n193<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n263<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n291<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n747<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Net Income margin<\/td>\n \n \n \n9.1<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n11.3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n13.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \nN\/A<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n11.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Depreciation<\/td>\n \n \n \n65<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n65<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n65<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n195<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Amortization<\/td>\n \n \n \n75<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n75<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n72<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n222<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Interest Expense (Income), net<\/td>\n \n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n15<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n13<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Income Tax Expense<\/td>\n \n \n \n55<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n103<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n77<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n235<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n EBITDA<\/td>\n \n \n \n384<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n508<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n520<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1,412<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n EBITDA Margin<\/td>\n \n \n \n18.1<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n21.7<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n23.6<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \nN\/A<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n21.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Share-based Compensation<\/td>\n \n \n \n13<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n12<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n14<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n39<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Restructuring & Realignment<\/td>\n \n \n \n38<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n13<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n14<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n65<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Special Charges<\/td>\n \n \n \n10<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(23<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n \n \n(16<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n Loss\/(Gain) from sale of businesses<\/td>\n \n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n16<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n5<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n17<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Loss attributable to non-controlling interests<\/td>\n \n \n \n(4<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n \n \n(9<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n Adjusted EBITDA<\/td>\n \n \n \n437<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n544<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n527<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1,508<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Revenue<\/td>\n \n \n \n2,125<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2,336<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2,201<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n6,662<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Adjusted EBITDA Margin<\/td>\n \n \n \n20.6<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n23.3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n23.9<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \nN\/A<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n22.6<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n \u00a0<\/td>\n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n \n 2025<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n \n Q1<\/td>\n \n Q2<\/td>\n \n Q3<\/td>\n \n Q4<\/td>\n \n Total<\/td>\n<\/tr>\n \n \u00a0<\/td>\n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Net Income attributable to Xylem<\/td>\n \n \n \n169<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n226<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n227<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n335<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n957<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Net Income margin<\/td>\n \n \n \n8.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n9.8<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n10.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n14.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n10.6<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Depreciation<\/td>\n \n \n \n68<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n69<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n64<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n66<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n267<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Amortization<\/td>\n \n \n \n77<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n76<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n78<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n77<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n308<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Interest Expense (Income), net<\/td>\n \n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Income Tax Expense<\/td>\n \n \n \n50<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n75<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n71<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n35<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n231<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n EBITDA<\/td>\n \n \n \n364<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n449<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n440<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n512<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1,765<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n EBITDA Margin<\/td>\n \n \n \n17.6<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n19.5<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n19.4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n21.4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n19.5<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Share-based Compensation<\/td>\n \n \n \n12<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n13<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n12<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n16<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n53<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Restructuring & Realignment<\/td>\n \n \n \n27<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n29<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n30<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n45<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n131<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Special Charges<\/td>\n \n \n \n12<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n13<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n9<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n36<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Loss\/(Gain) from sale of businesses<\/td>\n \n \n \n10<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n–<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n37<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n(16<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n31<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Loss attributable to non-controlling interests<\/td>\n \n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(1<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(2<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(7<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n Adjusted EBITDA<\/td>\n \n \n \n423<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n502<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n527<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n557<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2,009<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Revenue<\/td>\n \n \n \n2,069<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2,301<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2,268<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2,397<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n9,035<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Adjusted EBITDA Margin<\/td>\n \n \n \n20.4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n21.8<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n23.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n23.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n22.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
\n\u00a0<\/p>\n
<\/p>\n
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\n<\/b>
Press Office +1 (978) 704-5149
\n
PressOffice@xylem.com
\n<\/a><\/p>\nInvestors
\n<\/b>
Greg Giometti
\n
Michael Travers
\n
Investor.Relations@xylem.com<\/a><\/p>\nKEYWORDS:<\/b> District of Columbia United States North America<\/p>\n
INDUSTRY KEYWORDS:<\/b> Technology Energy Utilities Other Technology<\/p>\n
- Company accelerates transformation strategy, announces intent to divest Applied Water International and Specialty Flow Control<\/b>; and move to three segment structure in 2027<\/b><\/li>\n<\/ul>\n
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<\/td>\n<\/tr>\n