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Deferred Costs, Capitalized, Prepaid, and Other Assets (Text Block)
6 Months Ended
Mar. 31, 2024
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 March 31, 2024At September 30, 2023
Inventory work-in-progress$54 $28 
Prepaid software maintenance34 18 
Prepaid insurance15 16 
Current portion of prepaid long-term service agreements12 25 
Commodity contract derivative assets10 21 
Other31 26 
Other current assets$156 $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.