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Goodwill and Acquired Intangible Assets
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Acquired Intangible Assets Goodwill and Acquired Intangible Assets
The following table identifies the activity relating to goodwill by our new operating segments:
In millionsBalance December 31,
2023		Segment re-allocationCurrency
Translation
Adjustments		Balance December 31,
2024
Goodwill
Americas$257 $(257)$— $— 
EMEA90 (90)— — 
APJ51 (51)— — 
Product Sales— 391 (4)387 
Consulting Services— 7 — 7 
Total goodwill$398 $— $(4)$394 
On August 5, 2024, Teradata announced that it realigned its sales function and initiated global restructuring to optimize operations. Due to these organizational changes, Teradata now manages its business under two segments, which are also the Company’s new operating segments: (1) Product Sales and (2) Consulting Services. Teradata’s Product Sales segment represents the results for the Recurring Revenue and Perpetual Software Licenses, Hardware
and Other line items and the Consulting Services segment represents the Consulting Services line item, each as disclosed in the Company’s financial statements and in the tables in this Form 10-K.
In the fourth quarter of 2024, the Company performed its annual impairment test, utilizing the quantitative method, and determined that no impairment to the carrying value of goodwill was necessary as each reporting unit's fair value was above its carrying value. The Company reviewed its two reporting units in its 2024 goodwill impairment assessment, as each of the operating segments were considered separate reporting units for purposes of testing.
Acquired intangible assets were specifically identified when acquired and are deemed to have finite lives. The gross carrying amount and accumulated amortization for Teradata’s acquired intangible assets were as follows:
December 31,
2024
In millionsAmortization
Life (in Years)		Gross Carrying
Amount		Accumulated Amortization
Amount
Acquired intangible assets
Intellectual property/developed technology5$14 $(5)
The aggregate amortization expense (actual and estimated) for acquired intangible assets for the following periods is:
ActualFor the years ended (estimated)
In millions202420252026202720282029
Amortization expense$3 $3 $3 $2 $1 $—