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Supplemental Financial Information
12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental Financial Information Supplemental Financial Information
 At December 31
In millions20232022
Accounts receivable
Trade$294 $360 
Other16 
Accounts receivable, gross298 376 
Less: allowance for doubtful accounts(12)(12)
Total accounts receivable, net$286 $364 
Inventories
Finished goods$11 $
Service parts
Total inventories$13 $
Other current assets
Income tax receivable$13 $13 
Pre-paid expenses and Other71 74 
Total other current assets$84 $87 
Property and equipment
Land$$
Buildings and improvements84 86 
Finance lease assets267 257 
Machinery and other equipment586 553 
Property and equipment, gross945 904 
Less: accumulated depreciation(706)(660)
Total property and equipment, net$239 $244 
Other current liabilities
Sales and value-added taxes$12 $26 
Pension and other postemployment plan liabilities18 13 
Other75 73 
Total other current liabilities$105 $112 
Deferred revenue
Deferred revenue, current$570 $589 
Long-term deferred revenue22 
Total deferred revenue$592 $597 
Other long-term liabilities
Transition tax$29 $52 
Uncertain tax positions19 22 
Other13 
Total other long-term liabilities$61 $79 

Twelve Months Ended December 31,
In millions202320222021
Other expense
Foreign currency losses$38 $30 $
Blue chip swap losses13 — — 
Other13 12 11 
Total Other expense$64 $42 $19 
Argentina Blue Chip Swap Transaction
The Central Bank of Argentina maintains currency controls that limit Teradata's ability to access U.S. dollars in Argentina and remit cash from its Argentine operations. There is a foreign exchange mechanism known as Blue Chip Swaps, which effectively results in a parallel U.S. dollar exchange rate. This parallel rate, which cannot be used as the basis to remeasure Teradata's net monetary assets in U.S. dollars under U.S. GAAP, was approximately 168% higher than Argentina’s official exchange rate at September 30, 2023. During October of 2023, Teradata entered into Blue Chip Swap transactions in order to remit cash from its Argentine operations that resulted in a pre-tax loss on investment of $13 million during the fourth quarter of 2023.