Xylem Inc. Files 2023 10-K, Details Pumping Equipment Business

TL;DR

**Xylem Inc. just dropped its 2023 10-K, confirming its core business in pumps and pumping equipment.**

AI Summary

Xylem Inc. filed its 10-K on February 28, 2024, for the fiscal year ended December 31, 2023. The filing indicates a focus on pumps and pumping equipment, with its business address at 301 Water Street SE, Washington, DC. The company's Central Index Key is 0001524472, and it was formerly known as ITT WCO, Inc. until June 28, 2011.

Why It Matters

This filing provides a comprehensive overview of Xylem Inc.'s financial performance and operational status for 2023, crucial for investors and stakeholders to assess its health and future prospects in the water technology sector.

Risk Assessment

Risk Level: medium — The filing itself doesn't detail specific risks, but the nature of a 10-K suggests a comprehensive review of a company's financial health, which inherently carries medium risk for investors.

Key Numbers

• 20231231 — Fiscal Year End (Indicates the period covered by the financial report.)
• 001-35229 — SEC File Number (Unique identifier for the company's filings with the SEC.)
• 160 — Public Document Count (Number of documents included in the filing.)
• 20110628 — Date of Name Change (When ITT WCO, Inc. became Xylem Inc.)
• 3561 — Standard Industrial Classification (Industry code for Pumps & Pumping Equipment.)

Key Players & Entities

• Xylem Inc. (company) — filer of the 10-K
• ITT WCO, Inc. (company) — former name of Xylem Inc.
• 0001524472 (company) — Central Index Key (CIK) for Xylem Inc.
• 20231231 (date) — Conformed Period of Report end date
• 20240228 (date) — Filed As Of Date

FAQ

From the Filing

0001524472-24-000006.txt : 20240228 0001524472-24-000006.hdr.sgml : 20240228 20240228142806 ACCESSION NUMBER: 0001524472-24-000006 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 160 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Xylem Inc. CENTRAL INDEX KEY: 0001524472 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] ORGANIZATION NAME: 06 Technology IRS NUMBER: 452080495 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35229 FILM NUMBER: 24693845 BUSINESS ADDRESS: STREET 1: 301 WATER STREET SE CITY: WASHINGTON STATE: DC ZIP: 20003 BUSINESS PHONE: 202-869-9150 MAIL ADDRESS: STREET 1: 301 WATER STREET SE CITY: WASHINGTON STATE: DC ZIP: 20003 FORMER COMPANY: FORMER CONFORMED NAME: ITT WCO, Inc. DATE OF NAME CHANGE: 20110628 10-K 1 xyl-20231231.htm 10-K xyl-20231231 0001524472 false 2023 FY http://www.xyleminc.com/20231231#RestructuringAndAssetImpairmentLosses http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherAccruedLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerExcludingAssessedTax 0001524472 2023-01-01 2023-12-31 0001524472 2023-06-30 iso4217:USD 0001524472 2024-02-23 xbrli:shares 0001524472 us-gaap:ProductMember 2023-01-01 2023-12-31 0001524472 us-gaap:ProductMember 2022-01-01 2022-12-31 0001524472 us-gaap:ProductMember 2021-01-01 2021-12-31 0001524472 us-gaap:ServiceMember 2023-01-01 2023-12-31 0001524472 us-gaap:ServiceMember 2022-01-01 2022-12-31 0001524472 us-gaap:ServiceMember 2021-01-01 2021-12-31 0001524472 2022-01-01 2022-12-31 0001524472 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001524472 2023-12-31 0001524472 2022-12-31 0001524472 2021-12-31 0001524472 2020-12-31 0001524472 us-gaap:CommonStockMember 2020-12-31 0001524472 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001524472 us-gaap:RetainedEarningsMember 2020-12-31 0001524472 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001524472 us-gaap:TreasuryStockCommonMember 2020-12-31 0001524472 us-gaap:NoncontrollingInterestMember 2020-12-31 0001524472 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001524472 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001524472 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0001524472 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001524472 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001524472 us-gaap:CommonStockMember 2021-12-31 0001524472 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001524472 us-gaap:RetainedEarningsMember 2021-12-31 0001524472 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001524472 us-gaap:TreasuryStockCommonMember 2021-12-31 0001524472 us-gaap:NoncontrollingInterestMember 2021-12-31 0001524472 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember us-gaap:RetainedEarningsMember 2021-12-31 0001524472 srt:CumulativeEffectPeriodOfAdoptionAdjustmentMember 2021-12-31 0001524472 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001524472 us-gaap:NoncontrollingInterestMember 2023-04-01 2023-06-30 0001524472 2023-04-01 2023-06-30 0001524472 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001524472 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001524472 us-gaap:Tre