Water is evaporated from the oceans and the land and returned as rain or snow, forming the hydrologic cycle.
"The water cycle sounds like it is describing how water moves above, on, and through the Earth ... and it does. But, in fact, much more water is "in storage" for long periods of time than is actually moving through the cycle. The storehouses for the vast majority of all water on Earth are the oceans. It is estimated that of the 332,500,000 cubic miles (mi3) (1,386,000,000 cubic kilometers (km3)) of the world's water supply, about 321,000,000 mi3 (1,338,000,000 km3) is stored in oceans. That is about 96.5 percent. It is also estimated that the oceans supply about 90 percent of the evaporated water that goes into the water cycle."(USGS)
Lutgens & Tarbuck