Form 8-K - Current report

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)

Indiana

001-35229

45-2080495

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

301 Water Street SE

20003

Washington

(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 class

Trading Symbol(s)

Name of each exchange of which registered

Common Stock, par value $0.01 per share

XYL

New 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 7.01			Regulation 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 9.01			Financial Statements and Exhibits

(d) Exhibits.


Exhibit No.			Description

99.1			Recast segment information of Xylem Inc. (furnished pursuant to Item 7.01)
104.0			The 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, 2024

By:

/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 Reported		As Recast		As Previously Reported		As Recast
Orders
Water Infrastructure	$	2,471	$	1,834	$	2,607	$	1,916	$	3,060	$	2,313
Applied Water	1,860		1,860		1,794		1,794		1,770		1,770
Measurement and Control Solutions	1,969		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 Water	1,613		1,613		1,767		1,767		1,853		1,853
Measurement and Control Solutions	1,335		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 Reported		As Recast		As Previously Reported		As Recast
Operating Income
Water Infrastructure	$	387	$	277	$	418	$	279	$	419	$	275
Applied Water	240		240		258		258		310		310
Measurement and Control Solutions	12		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 Water	8		8		13		13		14		14
Measurement and Control Solutions	3		65		92		80		90		80
Integrated Solutions and Services	—		—		—		—		97		—
Water Solutions and Services	—		14		—		14		—		114
Corporate and Other	3		3		2		2		119		119
Total	$	26	$	105	$	122	$	122	$	420	$	420

(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.


	Year Ended December 31, 2021				Year Ended December 31, 2022				Year Ended December 31, 2023
	As Previously Reported		As Recast(a)		As Previously Reported		As Recast		As Previously Reported		As Recast
Adjusted Operating Income
Water Infrastructure	$	399	$	292	$	433	$	292	$	519	$	368
Applied Water	248		248		271		271		324		324
Measurement and Control Solutions	15		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

(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.


	Year Ended December 31, 2021				Year Ended December 31, 2022				Year Ended December 31, 2023
	As Previously Reported		As Recast(a)		As Previously Reported		As Recast		As Previously Reported		As Recast
EBITDA
Water Infrastructure	$	433	$	307	$	467	$	310	$	532	$	367
Applied Water	261		267		275		281		329		336
Measurement and Control Solutions	155		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 Water	10		9		17		17		17		16
Measurement and Control Solutions	9		8		29		28		30		29
Integrated Solutions and Services	—		—		—		—		43		—
Water Solutions and Services	—		5		—		6		—		52
Corporate and Other/Regional Selling Locations	32		26		171		163		144		144
Total	$	65	$	65	$	230	$	230	$	300	$	300

(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.


	Year Ended December 31, 2021						Year Ended December 31, 2022						Year Ended December 31, 2023
	As Previously Reported			As Recast(a)			As Previously Reported			As Recast			As Previously Reported			As Recast
Adjusted EBITDA
Water Infrastructure	$	447		$	324		$	480		$	326		$	598		$	426
Applied Water	271			276			292			298			346			352
Measurement and Control Solutions	164			158			167			164			278			281
Integrated Solutions and Services	—			—			—			—			181			—
Water Solutions and Services	—			150			—			178			—			369
Corporate and Other/Regional Selling Locations	8			(18)			1			(26)			(11)			(36)
Total	$	890		$	890		$	940		$	940		$	1,392		$	1,392

Adjusted EBITDA Margin
Water Infrastructure	19.9		%	19.7		%	20.3		%	19.3		%	20.2		%	19.2		%
Applied Water	16.8		%	17.1		%	16.5		%	16.9		%	18.7		%	19.0		%
Measurement and Control Solutions	12.3		%	12.8		%	12.0		%	12.9		%	16.1		%	17.4		%
Integrated Solutions and Services	N/A			N/A			N/A			N/A			22.2		%	N/A
Water Solutions and Services	N/A			21.4		%	N/A			22.4		%	N/A			21.9		%
Total	17.1		%	17.1		%	17.0		%	17.0		%	18.9		%	18.9		%

(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.


	1Q 2023				2Q 2023				3Q 2023				4Q 2023
	As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast
Orders
Water Infrastructure	$	639	$	461	$	751	$	563	$	850	$	656	$	820	$	633
Applied Water	483		483		445		445		422		422		420		420
Measurement and Control Solutions	448		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 Water	453		453		478		478		465		465		457		457
Measurement and Control Solutions	406		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 Water	83		83		84		84		73		73		70		70
Measurement and Control Solutions	20		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

(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.


	1Q 2023				2Q 2023				3Q 2023				4Q 2023
	As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast
Adjustments(b)
Water Infrastructure	$	4	$	4	$	23	$	22	$	24	$	23	$	49	$	44
Applied Water	3		3		2		2		6		6		3		3
Measurement and Control Solutions	24		21		20		18		23		21		23		20
Integrated Solutions and Services	—		—		25		—		52		—		20		—
Water Solutions and Services	—		3		—		28		—		55		—		28
Corporate and Other	23		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 Water	86		86		86		86		79		79		73		73
Measurement and Control Solutions	44		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

(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.


	1Q 2023				2Q 2023				3Q 2023				4Q 2023
	As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast
EBITDA
Water Infrastructure	$	84	$	55	$	131	$	89	$	158	$	110	$	159	$	113
Applied Water	87		88		89		91		79		80		74		77
Measurement and Control Solutions	54		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 Water	4		4		2		2		6		7		5		3
Measurement and Control Solutions	9		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 Locations	30		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 Water	91		92		91		93		85		87		79		80
Measurement and Control Solutions	63		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

(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.


	1Q 2023				2Q 2023				3Q 2023				4Q 2023
	As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast
Adjusted EBITDA Margin
Water Infrastructure	15.1	%	14.6	%	21.4	%	20.4	%	21.2	%	19.9	%	21.6	%	20.5	%
Applied Water	20.1	%	20.3	%	19.0	%	19.5	%	18.3	%	18.7	%	17.3	%	17.5	%
Measurement and Control Solutions	15.5	%	17.2	%	15.7	%	16.4	%	15.7	%	17.7	%	17.3	%	18.3	%
Integrated Solutions and Services	N/A		N/A		24.0	%	N/A		22.6	%	N/A		21.1	%	N/A
Water Solutions and Services	N/A		15.5	%	N/A		23.2	%	N/A		22.7	%	N/A		22.7	%
Total	16.3	%	16.3	%	19.1	%	19.1	%	19.8	%	19.8	%	19.6	%	19.6	%

(b)Adjustments consist of restructuring and realignment costs, special charges and purchase accounting intangible amortization.

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
	Orders		Orders		Change 2023 v. 2022		% Change 2023 v. 2022		Acquisitions/ Divestitures		FX Impact		Change Adj. 2023 v. 2022		% Change Adj. 2023 v. 2022
	2023		2022
Year Ended December 31

Xylem Inc.	$	7,501	$	6,257	$	1,244	20	%	$	(1,220)	$	41	$	65	1	%	21	%

Water Infrastructure	2,313		1,916		397		21	%	(352)		17		62		3	%	22	%
Applied Water	1,770		1,794		(24)		(1)	%	—		18		(6)		—	%	—	%
Measurement and Control Solutions	1,670		1,736		(66)		(4)	%	—		(1)		(67)		(4)	%	(4)	%
Water Solutions and Services	1,748		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 Infrastructure	633		452		181		40	%	(130)		(9)		42		9	%	38	%
Applied Water	420		400		20		5	%	—		(2)		18		5	%	5	%
Measurement and Control Solutions	442		391		51		13	%	—		(5)		46		12	%	12	%
Water Solutions and Services	549		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
	Orders		Orders		Change 2023 v. 2022		% Change 2023 v. 2022		Acquisitions/ Divestitures		FX Impact		Change Adj. 2023 v. 2022		% Change Adj. 2023 v. 2022
	2023		2022
Quarter Ended September 30

Xylem Inc.	$	2,031	$	1,419	$	612	43	%	$	(547)	$	(18)	$	47	3	%	42	%

Water Infrastructure	656		424		232		55	%	(163)		(7)		62		15	%	53	%
Applied Water	422		409		13		3	%	—		(4)		9		2	%	2	%
Measurement and Control Solutions	343		388		(45)		(12)	%	—		(5)		(50)		(13)	%	(13)	%
Water Solutions and Services	610		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 Infrastructure	563		558		5		1	%	(59)		10		(44)		(8)	%	3	%
Applied Water	445		480		(35)		(7)	%	—		6		(29)		(6)	%	(6)	%
Measurement and Control Solutions	470		444		26		6	%	—		3		29		7	%	7	%
Water Solutions and Services	378		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 Infrastructure	461		482		(21)		(4)	%	—		23		2		—	%	—	%
Applied Water	483		505		(22)		(4)	%	—		18		(4)		(1)	%	(1)	%
Measurement and Control Solutions	415		513		(98)		(19)	%	—		6		(92)		(18)	%	(18)	%
Water Solutions and Services	211		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
	Revenue		Revenue		Change 2023 v. 2022		% Change 2023 v. 2022		Acquisitions/ Divestitures		FX Impact		Change Adj. 2023 v. 2022		% Change Adj. 2023 v. 2022
	2023		2022
Year Ended December 31

Xylem Inc.	$	7,364	$	5,522	$	1,842	33	%	$	(1,177)	$	25	$	690	12	%	34	%

Water Infrastructure	2,215		1,686		529		31	%	(362)		8		175		10	%	32	%
Applied Water	1,853		1,767		86		5	%	—		10		96		5	%	5	%
Measurement and Control Solutions	1,612		1,275		337		26	%	—		—		337		26	%	26	%
Water Solutions and Services	1,684		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 Infrastructure	674		484		190		39	%	(137)		(7)		46		10	%	38	%
Applied Water	457		455		2		—	%	—		(4)		(2)		—	%	—	%
Measurement and Control Solutions	437		347		90		26	%	—		(4)		86		25	%	25	%
Water Solutions and Services	550		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
	Revenue		Revenue		Change 2023 v. 2022		% Change 2023 v. 2022		Acquisitions/ Divestitures		FX Impact		Change Adj. 2023 v. 2022		% Change Adj. 2023 v. 2022
	2023		2022
Quarter Ended September 30

Xylem Inc.	$	2,076	$	1,380	$	696	50	%	$	(540)	$	(22)	$	134	10	%	49	%

Water Infrastructure	612		403		209		52	%	(172)		(12)		25		6	%	49	%
Applied Water	465		458		7		2	%	—		(3)		4		1	%	1	%
Measurement and Control Solutions	413		320		93		29	%	—		(5)		88		28	%	28	%
Water Solutions and Services	586		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 Infrastructure	519		421		98		23	%	(53)		9		54		13	%	25	%
Applied Water	478		429		49		11	%	—		4		53		12	%	12	%
Measurement and Control Solutions	384		318		66		21	%	—		2		68		21	%	21	%
Water Solutions and Services	341		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 Infrastructure	410		378		32		8	%	—		18		50		13	%	13	%
Applied Water	453		425		28		7	%	—		13		41		10	%	10	%
Measurement and Control Solutions	378		290		88		30	%	—		7		95		33	%	33	%
Water Solutions and Services	207		179		28		16	%	—		7		35		20	%	20	%

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