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Segment, Other Supplemental Information and Concentrations
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment, Other Supplemental Information and Concentrations Segment, Other Supplemental Information and Concentrations
Teradata manages its business under three geographic regions, which are also the Company’s operating segments: (1) Americas region (North America and Latin America); (2) EMEA region (Europe, Middle East and Africa) and (3) APJ region (Asia Pacific and Japan). For purposes of discussing results by segment, management excludes the impact of certain items, consistent with the manner by which management evaluates the performance of each segment. This format is useful to investors because it allows analysis and comparability of operating trends. It also includes the same information that is used by Teradata management to make decisions regarding the segments and to assess financial performance. The chief operating decision maker, who is our President and Chief Executive Officer, evaluates the performance of the segments based on revenue and multiple profit measures, including segment gross profit. For management reporting purposes assets are not allocated to the segments.
The following table presents segment revenue and segment gross profit for the Company for the years ended December 31: 
In millions202320222021
Segment revenue
Americas $1,089 $1,038 $1,044 
EMEA475 465 543 
APJ269 292 330 
Total revenue1,833 1,795 1,917 
Segment gross profit
Americas 689 643 690 
EMEA295 285 337 
APJ149 177 188 
Total segment gross profit1,133 1,105 1,215 
Stock-based compensation expense17 16 18 
Acquisition, integration and reorganization-related costs1 8 11 
Total gross profit1,115 1,081 1,186 
Selling, general and administrative expenses635 650 646 
Research and development expenses294 313 309 
Total income from operations$186 $118 $231 
Certain items, including reorganization-related costs, were excluded from segment gross profit to conform to the way the Company manages and reviews the results by segment.
The following table presents revenues by geographic area for the years ended December 31: 
In millions202320222021
United States$973 $914 $922 
Americas (excluding United States)116 124 122 
EMEA475 465 543 
APJ269 292 330 
Total revenue$1,833 $1,795 $1,917 
The following table presents property and equipment, net by geographic area at December 31: 
In millions20232022
United States$170 $172 
Americas (excluding United States)11 15 
EMEA38 37 
APJ20 20 
Property and equipment, net$239 $244 
Concentrations. No single customer accounts for more than 10% of the Company's revenue for any period presented. As of December 31, 2023, the Company is not aware of any significant concentration of business transacted with a particular customer that could, if suddenly eliminated, have a material adverse effect on the Company’s operations. The Company's hardware components are assembled primarily by Flex. In addition, the Company utilizes preferred supplier relationships to better ensure more consistent quality, cost, and delivery. There can be no assurances that a disruption in production at Flex or at a supplier would not have a material adverse effect on the Company's operations. In addition, a significant change in the forecasts to any of these preferred suppliers could result in purchase obligations or components that may be in excess of demand.