[Verse 1]
Yes, yes, you're a big ship
Loaded down with a whole lot of baggage and freight
Life's a luxury liner
It's cutting through each circumstance and wave
Now the cold icy waters
Have sent the captain with his bottle off to bed
You know the temperature's dropping
And modern rock radio is dead

[Chorus]
Taking on water
Yeah, going down fast
Yes, under the breakers
Send an S.O.S
Tell all the passengers
Yeah, to spend what they wanna
Taking on water
(Taking on water)
Oh

[Verse 2]
Why don't you call it catastrophe
Or the hand of the Good Lord reaching through?
You got to call it a tragedy
'Cause there will be no last-minute interviews
Got to be a bit heavy-handed
When you're swimming in the shark-infested seas
You gotta get my attention
Off of my treason and mutiny
[Chorus]
Taking on water
Yeah, going down fast
Yes, under the breakers
Send an S.O.S
Tell all the passengers
Yeah, to spend what they wanna
Taking on water
(Taking on water)
Water, oh, oh, oh

[Guitar Solo]

[Verse 3]
Why don't you call me irresponsible?
But baby, call me undeniably true
Well, at least for the moment
When I first set my eyes on you
Got a big hole in a small heart
I'm asking You--no, begging You to fill
Gonna take some radical surgery
And you know my, know my nasty will

[Chorus]
Taking on water
Yeah, going down fast
Yes, under the breakers
Send an S.O.S
Tell all the passengers
Yeah, to spend what they wanna
Taking on water
(Taking on water)
Water
[Outro]
Taking on water
(Taking on water)
Oh, oh
Yeah, taking on water