Supplemental Financial Information

12 Months Ended

Dec. 31, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]


	At December 31
In millions	2024		2023
Accounts receivable
Trade	$	243	$	294
Other	5		4
Accounts receivable, gross	248		298
Less: allowance for doubtful accounts	(14)		(12)
Total accounts receivable, net	$	234	$	286
Inventories
Finished goods	$	18	$	11
Service parts	—		2
Total inventories	$	18	$	13
Other current assets
Income tax receivable	$	12	$	13
Pre-paid expenses and Other	65		71
Total other current assets	$	77	$	84
Property and equipment
Land	$	8	$	8
Buildings and improvements	86		84
Finance lease assets	218		267
Machinery and other equipment	438		586
Property and equipment, gross	750		945
Less: accumulated depreciation	(565)		(706)
Total property and equipment, net	$	185	$	239
Other current liabilities
Income tax payable*	$	52	$	40
Sales and value-added taxes	17		12
Pension and other postemployment plan liabilities	13		18
Other*	33		35
Total other current liabilities	$	115	$	105
Deferred revenue
Deferred revenue, current	$	512	$	570
Long-term deferred revenue	10		22
Total deferred revenue	$	522	$	592
Other long-term liabilities
Transition tax	$	—	$	29
Uncertain tax positions	21		19
Other	7		13
Total other long-term liabilities	$	28	$	61
*Prior year results have been updated to conform to the current year presentation.


	Twelve Months Ended December 31,
In millions	2024		2023		2022
Other expense
Foreign currency losses	$	8	$	38	$	30
Blue chip swap losses	4		13		—
Other	15		13		12
Total Other expense	$	27	$	64	$	42

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, has been higher than Argentina’s official exchange rate, when the Company completed its swaps, since September 30, 2023. During 2024, we entered into Blue Chip Swap transactions, in order to remit cash from our Argentine operations that resulted in a pre-tax loss on investment of $4 million for the twelve months ended December 31, 2024 and a pre-tax loss on investment of $13 million during the fourth quarter of 2023.