GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xylem Inc (NYSE:XYL) » Definitions » Property, Plant and Equipment

Xylem (XYL) Property, Plant and Equipment : $1,169 Mil (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Xylem Property, Plant and Equipment?

Xylem's quarterly net PPE declined from Jun. 2023 ($1,144 Mil) to Sep. 2023 ($1,132 Mil) but then increased from Sep. 2023 ($1,132 Mil) to Dec. 2023 ($1,169 Mil).

Xylem's annual net PPE declined from Dec. 2021 ($644 Mil) to Dec. 2022 ($630 Mil) but then increased from Dec. 2022 ($630 Mil) to Dec. 2023 ($1,169 Mil).


Xylem Property, Plant and Equipment Historical Data

The historical data trend for Xylem's Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xylem Property, Plant and Equipment Chart

Xylem Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 658.00 657.00 644.00 630.00 1,169.00

Xylem Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 630.00 631.00 1,144.00 1,132.00 1,169.00

Xylem Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Xylem  (NYSE:XYL) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Xylem Property, Plant and Equipment Related Terms

Thank you for viewing the detailed overview of Xylem's Property, Plant and Equipment provided by GuruFocus.com. Please click on the following links to see related term pages.


Xylem (XYL) Business Description

Industry
Traded in Other Exchanges
Address
300 Water Street SE, Washington, DC, USA, 20003
Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $5.5 billion in revenue and $672 million in adjusted operating income in 2022.
Executives
Victoria D Harker director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
William K Grogan officer: SVP & Chief Financial Officer 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Patrick Decker director, officer: President & CEO 9 ROSZEL ROAD, PRINCETON NJ 08540
Rodney Aulick officer: SVP & President, IS&S EVOQUA WATER TECHNOLOGIES CORP., 210 SIXTH AVENUE, PITTSBURGH PA 15222
Lisa Glatch director EVOQUA WATER TECHNOLOGIES CORP., 210 SIXTH AVENUE, PITTSBURGH PA 15222
Lynn C Swann director C/O AMERICAN HOMES 4 RENT, 23975 PARK SORRENTO, SUITE 300, CALABASAS CA 91302
Earl Ray Ellis director ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Hayati Yarkadas officer: Senior Vice President C/O TRINSEO S.A., 1000 CHESTERBROOK BOULEVARD, SUITE 300, BERWYN PA 19312
Michael J. Mcgann officer: Senior Vice President 301 WATER STREET, SUITE 200, WASHINGTON DC 20003
Matthew Francis Pine officer: Senior Vice President XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Claudia S Toussaint officer: SVP, GC & Corporate Secretary 5454 W 110TH STREET, OVERLAND PARK KS 66211
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Franz Cerwinka officer: SVP and President, Emerging Ma XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Sabol Colin R officer: SVP & Chief Strategy Officer 9921 MONTIANO DRIVE, NAPLES FL 34113
Surya N Mohapatra director 3 GIRALDA FARMS, MADISON NJ 07940

Xylem (XYL) Headlines

From GuruFocus

Q1 2023 Xylem Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 Xylem Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2020 Xylem Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2020 Xylem Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Xylem Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Xylem Inc at Morgan Stanley Laguna Conference Transcript

By GuruFocus Research 01-23-2024

Xylem Inc at Jefferies Industrials Conference Transcript

By GuruFocus Research 01-23-2024