Water is essential for life and makes up about 60% of the human body. It participates in metabolic reactions, transports solutes, regulates temperature, and is distributed between intracellular and extracellular compartments. Electrolytes like sodium, potassium, calcium, and magnesium are balanced in body fluids to maintain water balance. The kidneys, along with hormones like aldosterone and ADH, precisely regulate water and electrolyte balance by controlling water retention, excretion of waste products, and acid-base balance through buffers and respiratory and renal mechanisms.