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Deferred Costs, Capitalized, Prepaid, and Other Assets (Text Block)
3 Months Ended
Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets Other Current Assets
Other current assets consisted of the following:
Other Current Assets 
(in millions)
 At December 31, 2023At September 30, 2023
Inventory work-in-progress$47 $28 
Prepaid software maintenance36 18 
Commodity contract derivative assets19 21 
Prepaid insurance16 16 
Current portion of prepaid long-term service agreements10 25 
Other24 26 
Other current assets$152 $134 
Commodity Contract Derivative Assets. TVA enters into certain derivative contracts for natural gas that require physical delivery of the contracted quantity of the commodity as well as certain financial derivative contracts to hedge exposure to the price of natural gas. Commodity contract derivative assets classified as current include deliveries or settlements that will occur within 12 months or less. See Note 13 — Risk Management Activities and Derivative Transactions — Derivatives Not Receiving Hedge Accounting Treatment — Commodity Derivatives and — Commodity Derivatives under the FHP for a discussion of TVA's commodity contract derivatives.