Company: AWK
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001410636-25-000173
Chunk: 123

Company: American Water Works Company, Inc.
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 123
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 in accordance with GAAP and are collectively presented throughout this Form 10-Q within “Other,” which is consistent with how management assesses the results of these businesses. Other also includes corporate costs that are not allocated to the Company’s Regulated Businesses, interest income related to the secured seller promissory note from the sale of HOS, income from assets not associated with the Regulated Businesses, eliminations of inter-segment transactions and fair value adjustments related to acquisitions that have not been allocated to the Regulated Businesses segment. The adjustments related to the acquisitions are reported in Other as they are excluded from segment performance measures evaluated by management.The Company’s chief operating decision maker is the President and Chief Executive Officer. The chief operating decision maker uses segment net income or loss to evaluate profit generated from segment assets when making decisions about allocating resources. The chief operating decision maker also uses segment net income to monitor budget versus actual results to assess the performance of the segment.

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Presented in the tables below is summarized segment information: As of or for the Three Months Ended September 30, 2025Regulated BusinessesOtherConsolidatedOperating revenues$1,343 $108 $1,451 Less:Operation and maintenance (a)433 90 523 Other segment items (b)70 3 73 Depreciation and amortization224 2 226 Interest expense122 36 158 Interest income(1)(22)(23)Provision for income taxes112 3 115 Net income (loss) attributable to common shareholders$383 $(4)$379 Total assets$31,874 $2,874 $34,748 Cash paid for capital expenditures$792 $5 $797 (a)Significant segment expense.(b)Other segment items included in segment net income includes General taxes, Other operating expenses, Non-operating benefit costs, net, and Other income (expense), net, primarily Allowance for other funds used during construction. As of or for the Three Months Ended September 30, 2024Regulated BusinessesOtherConsolidatedOperating revenues$1,219 $104 $1,323 Less:Operation and maintenance (a)402 94 496 Other segment items (b)62 2 64 Depreciation and amortization196 4 200 Interest expense107 25 132 Interest income(6)(16)(22)Provision for income taxes102 1 103 Net income