Xylem (XYL) 8-K Other Events

Exhibit 99.1

XYLEM INC.

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

($ MILLIONS)

			Year Ended				Year Ended				Three Months Ended
			December 31, 2015				December 31, 2016				March 31, 2017
			As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast
Orders
	Water Infrastructure		2,296		2,009		2,272		1,957		546		467
	Applied Water		1,415		1,415		1,405		1,405		354		354
	Sensus & Analytics		—		287		147		462		237		316
		Total	3,711		3,711		3,824		3,824		1,137		1,137
Revenue
	Water Infrastructure		2,231		1,940		2,246		1,932		496		419
	Applied Water		1,422		1,422		1,393		1,393		333		333
	Sensus & Analytics		—		291		132		446		242		319
		Total	3,653		3,653		3,771		3,771		1,071		1,071
Operating Income
	Water Infrastructure		303		261		308		291		47		40
	Applied Water		190		190		188		188		36		36
	Sensus & Analytics		—		42		(17	)	—		18		25
	Corp and Other		(44	)	(44	)	(73	)	(73	)	(15	)	(15	)
		Total	449		449		406		406		86		86
Adjustments (a)
	Water Infrastructure		14		12		33		18		5		4
	Applied Water		7		7		16		16		9		9
	Sensus & Analytics		—		2		26		41		8		9
	Corp and Other		—		—		30		30		4		4
		Total	21		21		105		105		26		26
Adjusted Operating Income
	Water Infrastructure		317		273		341		309		52		44
	Applied Water		197		197		204		204		45		45
	Sensus & Analytics		—		44		9		41		26		34
	Corp and Other		(44	)	(44	)	(43	)	(43	)	(11	)	(11	)
		Total	470		470		511		511		112		112
Adjusted Operating Margin
	Water Infrastructure		14.2	%	14.1	%	15.2	%	16.0	%	10.5	%	10.5	%
	Applied Water		13.9		13.9		14.6		14.6		13.5		13.5
	Sensus & Analytics		—		15.1		6.8		9.2		10.7		10.7
		Total	12.9	%	12.9	%	13.6	%	13.6	%	10.5	%	10.5	%

1

EBITDA
	Water Infrastructure		401		343		396		359		70		58
	Applied Water		218		218		213		213		44		44
	Sensus & Analytics		—		58		4		41		43		55
	Corp and Other		(15	)	(15	)	(36	)	(36	)	(2	)	(2	)
		Total	604		604		577		577		155		155
Adjustments (a)
	Water Infrastructure		6		4		33		18		5		4
	Applied Water		6		6		16		16		4		4
	Sensus & Analytics		—		2		19		34		5		6
	Corp and Other		4		4		30		30		4		4
		Total	16		16		98		98		18		18
Adjusted EBITDA
	Water Infrastructure		407		347		429		377		75		62
	Applied Water		224		224		229		229		48		48
	Sensus & Analytics		—		60		23		75		48		61
	Corp and Other		(11	)	(11	)	(6	)	(6	)	2		2
		Total	620		620		675		675		173		173
Adjusted EBITDA Margin
	Water Infrastructure		18.2	%	17.9	%	19.1	%	19.5	%	15.1	%	14.8	%
	Applied Water		15.8		15.8		16.4		16.4		14.4		14.4
	Sensus & Analytics		—		20.6		17.4		16.8		19.8		19.1
		Total	17.0	%	17.0	%	17.9	%	17.9	%	16.2	%	16.2	%

(a) Adjustments consist of Sensus acquisition related costs in 2016 and 2017 and special charges and restructuring and realignment costs in all years.

2

XYLEM INC.

RECAST ORDERS, REVENUE, OPERATING INCOME, ADJUSTED OPERATING INCOME, EBITDA AND ADJUSTED EBITDA BY SEGMENT 2016 QUARTER TO DATE

($ MILLIONS)

			1Q 2016				2Q 2016				3Q 2016				4Q 2016
			As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast		As Previously Reported		As Recast
Orders
	Water Infrastructure		534		461		562		483		604		521		572		492
	Applied Water		354		354		361		361		342		342		348		348
	Sensus & Analytics		—		73		—		79		—		83		147		227
		Total	888		888		923		923		946		946		1,067		1,067
Revenue
	Water Infrastructure		514		440		566		484		554		478		612		530
	Applied Water		333		333		366		366		343		343		351		351
	Sensus & Analytics		—		74		—		82		—		76		132		214
		Total	847		847		932		932		897		897		1,095		1,095
Operating Income
	Water Infrastructure		54		51		70		66		79		75		105		99
	Applied Water		39		39		51		51		50		50		48		48
	Sensus & Analytics		—		3		—		4		—		4		(17	)	(11	)
	Corp and Other		(14	)	(14	)	(12	)	(12	)	(20	)	(20	)	(27	)	(27	)
		Total	79		79		109		109		109		109		109		109
Adjustments (a)
	Water Infrastructure		8		5		9		6		9		5		7		2
	Applied Water		3		3		3		3		3		3		7		7
	Sensus & Analytics		—		3		—		3		—		4		26		31
	Corp and Other		2		2		—		—		10		10		18		18
		Total	13		13		12		12		22		22		58		58
Adjusted Operating Income
	Water Infrastructure		62		56		79		72		88		80		112		101
	Applied Water		42		42		54		54		53		53		55		55
	Sensus & Analytics		—		6		—		7		—		8		9		20
	Corp and Other		(12	)	(12	)	(12	)	(12	)	(10	)	(10	)	(9	)	(9	)
		Total	92		92		121		121		131		131		167		167
Adjusted Operating Margin
	Water Infrastructure		12.1	%	12.7	%	14.0	%	14.9	%	15.9	%	16.7	%	18.3	%	19.1	%
	Applied Water		12.6		12.6		14.8		14.8		15.5		15.5		15.7		15.7
	Sensus & Analytics		—		8.1		—		8.5		—		10.5		6.8		9.3
		Total	10.9	%	10.9	%	13.0	%	13.0	%	14.6	%	14.6	%	15.3	%	15.3	%

3

EBITDA
	Water Infrastructure		77		69		91		82		103		94		125		114
	Applied Water		44		44		59		59		56		56		54		54
	Sensus & Analytics		—		8		—		9		—		9		4		15
	Corp and Other		(5	)	(5	)	(3	)	(3	)	(11	)	(11	)	(17	)	(17	)
		Total	116		116		147		147		148		148		166		166
Adjustments (a)
	Water Infrastructure		8		5		9		6		9		5		7		2
	Applied Water		3		3		3		3		3		3		7		7
	Sensus & Analytics		—		3		—		3		—		4		19		24
	Corp and Other		2		2		—		—		10		10		18		18
		Total	13		13		12		12		22		22		51		51
Adjusted EBITDA
	Water Infrastructure		85		74		100		88		112		99		132		116
	Applied Water		47		47		62		62		59		59		61		61
	Sensus & Analytics		—		11		—		12		—		13		23		39
	Corp and Other		(3	)	(3	)	(3	)	(3	)	(1	)	(1	)	1		1
		Total	129		129		159		159		170		170		217		217
Adjusted EBITDA Margin
	Water Infrastructure		16.5	%	16.8	%	17.7	%	18.2	%	20.2	%	20.7	%	21.6	%	21.9	%
	Applied Water		14.1		14.1		16.9		16.9		17.2		17.2		17.4		17.4
	Sensus & Analytics		—		14.9		—		14.6		—		17.1		17.4		18.2
		Total	15.2	%	15.2	%	17.1	%	17.1	%	19.0	%	19.0	%	19.8	%	19.8	%

(a) Adjustments consist of Sensus acquisition related costs in Q3 and Q4 and special charges and restructuring and realignment costs in all quarters.

4

Xylem Inc. Non-GAAP Reconciliation

Recast - GAAP vs. Organic & Constant Currency Order Growth

($ Millions)

	(As Recast - GAAP)						(As Adjusted - Organic)						Constant Currency
		(A)	(B)				(C)		(D)	(E) = B+C+D		(F) = E/A	(G) = (E - C) / A
			Change		% Change					Change		% Change
	Orders	Orders	2016 v. 2015		2016 v. 2015		Acquisitions / Divestitures		FX Impact	Adj. 2016 v. 2015		Adj. 2016 v. 2015
	2016	2015
Year Ended December 31
Xylem Inc.	3,824	3,711	113		3	%	(179	)	78	12		—%	5	%
Water Infrastructure	1,957	2,009	(52	)	(3	)%	—		55	3		—%	—	%
Applied Water	1,405	1,415	(10	)	(1	)%	—		20	10		1%	1	%
Sensus & Analytics	462	287	175		61	%	(179	)	3	(1	)	—%	62	%
Quarter Ended December 31
Xylem Inc.	1,067	913	154		17	%	(155	)	19	18		2%	19	%
Water Infrastructure	492	486	6		1	%	—		13	19		4%	4	%
Applied Water	348	354	(6	)	(2	)%	—		5	(1	)	—%	—	%
Sensus & Analytics	227	73	154		211	%	(155	)	1	—		—%	212	%
Quarter Ended September 30
Xylem Inc.	946	939	7		1	%	(10	)	15	12		1%	2	%
Water Infrastructure	521	517	4		1	%	—		8	12		2%	2	%
Applied Water	342	349	(7	)	(2	)%	—		6	(1	)	—%	—	%
Sensus & Analytics	83	73	10		14	%	(10	)	1	1		1%	15	%
Quarter Ended June 30
Xylem Inc.	923	944	(21	)	(2	)%	(9	)	13	(17	)	(2)%	(1	)%
Water Infrastructure	483	514	(31	)	(6	)%	—		11	(20	)	(4)%	(4	)%
Applied Water	361	359	2		(1	)%	—		2	4		1%	1	%
Sensus & Analytics	79	71	8		11	%	(9	)	—	(1	)	(1)%	11	%
Quarter Ended March 31
Xylem Inc.	888	915	(27	)	(3	)%	(5	)	31	(1	)	—%	—	%
Water Infrastructure	461	492	(31	)	(6	)%	—		23	(8	)	(2)%	(2	)%
Applied Water	354	353	1		—	%	—		7	8		2%	2	%
Sensus & Analytics	73	70	3		4	%	(5	)	1	(1	)	(1)%	6	%

5

Xylem Inc. Non-GAAP Reconciliation

Recast - GAAP vs. Organic & Constant Currency Revenue Growth

($ Millions)

	(As Recast - GAAP)						(As Adjusted - Organic)						Constant Currency
		(A)	(B)				(C)		(D)	(E) = B+C+D		(F) = E/A	(G) = (E - C) / A
			Change		% Change					Change		% Change
	Revenue	Revenue	2016 v. 2015		2016 v. 2015		Acquisitions / Divestitures		FX Impact	Adj. 2016 v. 2015		Adj. 2016 v. 2015
	2016	2015
Year Ended December 31
Xylem Inc.	3,771	3,653	118		3	%	(163	)	74	29		1%	5	%
Water Infrastructure	1,932	1,940	(8	)	—	%	—		52	44		2%	2	%
Applied Water	1,393	1,422	(29	)	(2	)%	—		20	(9	)	(1)%	(1	)%
Sensus & Analytics	446	291	155		53	%	(163	)	2	(6	)	(2)%	54	%
Quarter Ended December 31
Xylem Inc.	1,095	994	101		10	%	(138	)	20	(17	)	(2)%	12	%
Water Infrastructure	530	555	(25	)	(5	)%	—		13	(12	)	(2)%	(2	)%
Applied Water	351	365	(14	)	(4	)%	—		7	(7	)	(2)%	(2	)%
Sensus & Analytics	214	74	140		189	%	(138	)	—	2		3%	189	%
Quarter Ended September 30
Xylem Inc.	897	902	(5	)	(1	)%	(8	)	14	1		—%	1	%
Water Infrastructure	478	475	3		1	%	—		8	11		2%	2	%
Applied Water	343	351	(8	)	(2	)%	—		5	(3	)	(1)%	(1	)%
Sensus & Analytics	76	76	—		—	%	(8	)	1	(7	)	(9)%	1	%
Quarter Ended June 30
Xylem Inc.	932	920	12		1	%	(11	)	13	14		2%	3	%
Water Infrastructure	484	479	5		1	%	—		11	16		3%	3	%
Applied Water	366	369	(3	)	(1	)%	—		2	(1	)	—%	—	%
Sensus & Analytics	82	72	10		14	%	(11	)	—	(1	)	(1)%	14	%
Quarter Ended March 31
Xylem Inc.	847	837	10		1	%	(6	)	27	31		4%	4	%
Water Infrastructure	440	431	9		2	%	—		20	29		7%	7	%
Applied Water	333	337	(4	)	(1	)%	—		6	2		1%	1	%
Sensus & Analytics	74	69	5		7	%	(6	)	1	—		—%	9	%

6

Xylem Inc. Non-GAAP Reconciliation

Recast - GAAP vs. Organic & Constant Currency Growth -Three months ended March 31

($ Millions)

	(As Recast - GAAP)						(As Adjusted - Organic)						Constant Currency
		(A)	(B)				(C)		(D)	(E) = B+C+D		(F) = E/A	(G) = (E - C) / A
	Years		Change		% Change					Change		% Change
	2017	2016	2017 v. 2016		2017 v. 2016		Acquisitions / Divestitures		FX Impact	Adj. 2017 v. 2016		Adj. 2017 v. 2016
Orders
Xylem Inc.	1,137	888	249		28	%	(237	)	12	24		3%	29	%
Water Infrastructure	467	461	6		1	%	—		7	13		3%	3	%
Applied Water	354	354	-		—	%	1		5	6		2%	1	%
Sensus & Analytics	316	73	243		333	%	(238	)	—	5		7%	333	%
Revenue
Xylem Inc.	1,071	847	224		26	%	(242	)	11	(7	)	(1)%	28	%
Water Infrastructure	419	440	(21	)	(5	)%	—		6	(15	)	(3)%	(3	)%
Applied Water	333	333	—		—	%	1		5	6		2%	2	%
Sensus & Analytics	319	74	245		331	%	(243	)	—	2		3%	331	%

7