Lyric discussion by modus 

Cover art for Drown lyrics by Smashing Pumpkins, The

This song is about two soul mates who have had a hard time of it in this life. No matter what happens or how much distance separates them, they are deeply connected on many levels. This bond cannot be broken, though at times in life it gets stretched pretty thin. Sometimes they mistreat each other. The past is full of pain from these episodes. But in the end, the only thing that matters - that will ever matter - that can ever matter - is that they love each other.
That's what I think.