10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001524472-15-000009 |
| Period End Date | 20150331 |
| Filing Date | 20150430 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | xyl-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Allowances for discounts and doubtful accounts on receivables |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$28.00M | USD | Point-in-time |
| Allowances for discounts and doubtful accounts on receivables |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$34.00M | USD | Point-in-time |
| Common Stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Common Stock, par value |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$663.00M | USD | Point-in-time |
| Common Stock, shares authorized |
CommonStockSharesAuthorized
|
750.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$466.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$554.00M | USD | Point-in-time |
| Common Stock, shares authorized |
CommonStockSharesAuthorized
|
750.00M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$533.00M | USD | Point-in-time |
| Receivables, less allowances for discounts and doubtful accounts of $28 and $34 in 2015 and 2014, respectively |
AccountsReceivableNetCurrent
|
$771.00M | USD | Point-in-time |
| Receivables, less allowances for discounts and doubtful accounts of $28 and $34 in 2015 and 2014, respectively |
AccountsReceivableNetCurrent
|
$738.00M | USD | Point-in-time |
| Common Stock, shares issued |
CommonStockSharesIssued
|
189.40M | shares | Point-in-time |
| Common Stock, shares issued |
CommonStockSharesIssued
|
188.90M | shares | Point-in-time |
| Inventories |
InventoryNet
|
$486.00M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$502.00M | USD | Point-in-time |
| Treasury Stock, shares |
TreasuryStockShares
|
6.60M | shares | Point-in-time |
| Treasury Stock, shares |
TreasuryStockShares
|
8.10M | shares | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$141.00M | USD | Point-in-time |
| Prepaid and other current assets |
PrepaidExpenseAndOtherAssetsCurrent
|
$144.00M | USD | Point-in-time |
| Deferred income tax assets |
DeferredTaxAssetsNetCurrent
|
$38.00M | USD | Point-in-time |
| Deferred income tax assets |
DeferredTaxAssetsNetCurrent
|
$38.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$1.97B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.10B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$434.00M | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$461.00M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.58B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$1.64B | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$470.00M | USD | Point-in-time |
| Other intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$446.00M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$185.00M | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$192.00M | USD | Point-in-time |
| Total assets |
Assets
|
$4.62B | USD | Point-in-time |
| Total assets |
Assets
|
$4.86B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$338.00M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$311.00M | USD | Point-in-time |
| Accrued and other current liabilities |
AccruedLiabilitiesCurrent
|
$481.00M | USD | Point-in-time |
| Accrued and other current liabilities |
AccruedLiabilitiesCurrent
|
$441.00M | USD | Point-in-time |
| Short-term borrowings and current maturities of long-term debt |
DebtCurrent
|
$89.00M | USD | Point-in-time |
| Short-term borrowings and current maturities of long-term debt |
DebtCurrent
|
$81.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$833.00M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$908.00M | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.20B | USD | Point-in-time |
| Long-term debt |
LongTermDebtNoncurrent
|
$1.20B | USD | Point-in-time |
| Accrued postretirement benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$374.00M | USD | Point-in-time |
| Accrued postretirement benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$388.00M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$158.00M | USD | Point-in-time |
| Deferred income tax liabilities |
DeferredTaxLiabilitiesNoncurrent
|
$152.00M | USD | Point-in-time |
| Other non-current accrued liabilities |
OtherAccruedLiabilitiesNoncurrent
|
$84.00M | USD | Point-in-time |
| Other non-current accrued liabilities |
OtherAccruedLiabilitiesNoncurrent
|
$77.00M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.73B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.63B | USD | Point-in-time |
| Commitments and contingencies (Note 17) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (Note 17) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Authorized 750.0 shares, issued 189.4 shares and 188.9 shares in 2015 and 2014, respectively |
CommonStockValue
|
$2.00M | USD | Point-in-time |
| Authorized 750.0 shares, issued 189.4 shares and 188.9 shares in 2015 and 2014, respectively |
CommonStockValue
|
$2.00M | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$1.81B | USD | Point-in-time |
| Capital in excess of par value |
AdditionalPaidInCapitalCommonStock
|
$1.80B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$648.00M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$686.00M | USD | Point-in-time |
| Treasury stock at cost 8.1 shares and 6.6 shares in 2015 and 2014, respectively |
TreasuryStockValue
|
$220.00M | USD | Point-in-time |
| Treasury stock at cost 8.1 shares and 6.6 shares in 2015 and 2014, respectively |
TreasuryStockValue
|
$273.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-99.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-233.00M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.13B | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.99B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$4.62B | USD | Point-in-time |
| Total liabilities and stockholders equity |
LiabilitiesAndStockholdersEquity
|
$4.86B | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenue |
SalesRevenueNet
|
$906.00M | USD | 1 Quarter |
| Revenue |
SalesRevenueNet
|
$837.00M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$564.00M | USD | 1 Quarter |
| Cost of revenue |
CostOfRevenue
|
$522.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$342.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$315.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$206.00M | USD | 1 Quarter |
| Selling, general and administrative expenses |
SellingGeneralAndAdministrativeExpense
|
$224.00M | USD | 1 Quarter |
| Research and development expenses |
ResearchAndDevelopmentExpense
|
$27.00M | USD | 1 Quarter |
| Research and development expenses |
ResearchAndDevelopmentExpense
|
$23.00M | USD | 1 Quarter |
| Restructuring charges |
RestructuringSettlementAndImpairmentProvisions
|
$3.00M | USD | 1 Quarter |
| Restructuring charges |
RestructuringSettlementAndImpairmentProvisions
|
$15.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$76.00M | USD | 1 Quarter |
| Operating income |
OperatingIncomeLoss
|
$83.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$14.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$14.00M | USD | 1 Quarter |
| Other non-operating (expense), net |
OtherNonoperatingIncomeExpense
|
$-1.00M | USD | 1 Quarter |
| Other non-operating (expense), net |
OtherNonoperatingIncomeExpense
|
$-1.00M | USD | 1 Quarter |
| Gain from sale of businesses |
GainLossOnSaleOfBusiness
|
$9.00M | USD | 1 Quarter |
| Gain from sale of businesses |
GainLossOnSaleOfBusiness
|
- | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$77.00M | USD | 1 Quarter |
| Income before taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$61.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$12.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$13.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$49.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$64.00M | USD | 1 Quarter |
| Basic (usd per share) |
EarningsPerShareBasic
|
$0.35 | USD | 1 Quarter |
| Basic (usd per share) |
EarningsPerShareBasic
|
$0.27 | USD | 1 Quarter |
| Diluted (usd per share) |
EarningsPerShareDiluted
|
$0.35 | USD | 1 Quarter |
| Diluted (usd per share) |
EarningsPerShareDiluted
|
$0.27 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
184.55M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
182.09M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
185.77M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
183.06M | shares | 1 Quarter |
| Dividends declared per share (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.13 | USD | 1 Quarter |
| Dividends declared per share (usd per share) |
CommonStockDividendsPerShareDeclared
|
$0.14 | USD | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$49.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$64.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$24.00M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$23.00M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$13.00M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$11.00M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$4.00M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$4.00M | USD | 1 Quarter |
| Restructuring charges |
RestructuringCostsAndAssetImpairmentCharges
|
$3.00M | USD | 1 Quarter |
| Restructuring charges |
RestructuringCostsAndAssetImpairmentCharges
|
$15.00M | USD | 1 Quarter |
| Gain from sale of business |
GainLossOnSaleOfBusiness
|
$9.00M | USD | 1 Quarter |
| Gain from sale of business |
GainLossOnSaleOfBusiness
|
- | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-1.00M | USD | 1 Quarter |
| Other, net |
OtherNoncashIncomeExpense
|
$-4.00M | USD | 1 Quarter |
| Payments for restructuring |
PaymentsForRestructuring
|
$6.00M | USD | 1 Quarter |
| Payments for restructuring |
PaymentsForRestructuring
|
$9.00M | USD | 1 Quarter |
| Changes in receivables |
IncreaseDecreaseInReceivables
|
$-4.00M | USD | 1 Quarter |
| Changes in receivables |
IncreaseDecreaseInReceivables
|
$5.00M | USD | 1 Quarter |
| Changes in inventories |
IncreaseDecreaseInInventories
|
$42.00M | USD | 1 Quarter |
| Changes in inventories |
IncreaseDecreaseInInventories
|
$33.00M | USD | 1 Quarter |
| Changes in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-2.00M | USD | 1 Quarter |
| Changes in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$4.00M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-28.00M | USD | 1 Quarter |
| Other, net |
OtherOperatingActivitiesCashFlowStatement
|
$-28.00M | USD | 1 Quarter |
| Net Cash Operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$22.00M | USD | 1 Quarter |
| Net Cash Operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$39.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$25.00M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquireProductiveAssets
|
$37.00M | USD | 1 Quarter |
| Proceeds from sale of businesses |
ProceedsFromDivestitureOfBusinesses
|
- | USD | 1 Quarter |
| Proceeds from sale of businesses |
ProceedsFromDivestitureOfBusinesses
|
$1.00M | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Proceeds from the sale of property, plant and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.00M | USD | 1 Quarter |
| Net Cash Investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-24.00M | USD | 1 Quarter |
| Net Cash Investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-36.00M | USD | 1 Quarter |
| Issuance of short-term debt |
ProceedsFromShortTermDebt
|
$2.00M | USD | 1 Quarter |
| Issuance of short-term debt |
ProceedsFromShortTermDebt
|
- | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$51.00M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$53.00M | USD | 1 Quarter |
| Proceeds from exercise of employee stock options |
ProceedsFromStockOptionsExercised
|
$6.00M | USD | 1 Quarter |
| Proceeds from exercise of employee stock options |
ProceedsFromStockOptionsExercised
|
$11.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$24.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$26.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$2.00M | USD | 1 Quarter |
| Other, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
- | USD | 1 Quarter |
| Net Cash Financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-62.00M | USD | 1 Quarter |
| Net Cash Financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-71.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-3.00M | USD | 1 Quarter |
| Effect of exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-41.00M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-109.00M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-67.00M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$663.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$466.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$554.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of year |
CashAndCashEquivalentsAtCarryingValue
|
$533.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$663.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$466.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$554.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashAndCashEquivalentsAtCarryingValue
|
$533.00M | USD | Point-in-time |
| Interest |
InterestPaid
|
$11.00M | USD | 1 Quarter |
| Interest |
InterestPaid
|
$11.00M | USD | 1 Quarter |
| Income taxes (net of refunds received) |
IncomeTaxesPaidNet
|
$8.00M | USD | 1 Quarter |
| Income taxes (net of refunds received) |
IncomeTaxesPaidNet
|
$18.00M | USD | 1 Quarter |
Comprehensive Income
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$49.00M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$64.00M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
$-2.00M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossBeforeReclassificationAndTax
|
$-129.00M | USD | 1 Quarter |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Parent |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
|
- | USD | 1 Quarter |
| Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Parent |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationBeforeTax
|
$8.00M | USD | 1 Quarter |
| Unrealized losses |
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
|
$-1.00M | USD | 1 Quarter |
| Unrealized losses |
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
|
$-5.00M | USD | 1 Quarter |
| Amount of loss reclassified into net income |
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
|
$5.00M | USD | 1 Quarter |
| Amount of loss reclassified into net income |
ForeignCurrencyCashFlowHedgeGainLossReclassifiedToEarningsNet
|
- | USD | 1 Quarter |
| Amortization of net actuarial loss into net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
|
$3.00M | USD | 1 Quarter |
| Amortization of net actuarial loss into net income |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
|
$4.00M | USD | 1 Quarter |
| Other comprehensive loss, before tax |
OtherComprehensiveIncomeLossBeforeTax
|
- | USD | 1 Quarter |
| Other comprehensive loss, before tax |
OtherComprehensiveIncomeLossBeforeTax
|
$-133.00M | USD | 1 Quarter |
| Income tax impact related to items of other comprehensive loss |
OtherComprehensiveIncomeLossTax
|
$1.00M | USD | 1 Quarter |
| Income tax impact related to items of other comprehensive loss |
OtherComprehensiveIncomeLossTax
|
$1.00M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.00M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-134.00M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$-70.00M | USD | 1 Quarter |
| Comprehensive (loss) income |
ComprehensiveIncomeNetOfTax
|
$48.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.