v3.23.1
Reconciliation of Segment Operating Income to Income before Income Taxes (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Apr. 01, 2023
Apr. 02, 2022
Reconciling Items for Operating Income (Loss) from Segment to Consolidated        
Segment operating income [1] $ 3,285 $ 3,699 $ 6,328 $ 6,957
Content License Early Termination 0 (1,023) [2] 0 (1,023) [2]
Corporate and unallocated shared expenses (279) (272) (559) (500)
Restructuring and impairment charges (152) (195) (221) (195)
Other income (expense), net [3] 149 (158) 107 (594)
Interest expense, net (322) (355) (622) (666)
Amortization of Intangible Assets [4] (558) (594) (1,137) (1,189)
Income from continuing operations before income taxes $ 2,123 $ 1,102 $ 3,896 $ 2,790
[1] Equity in the income of investees is included in segment operating income as follows:
 Quarter EndedSix Months Ended
 April 1,
2023		April 2,
2022		April 1,
2023		April 2,
2022
Disney Media and Entertainment Distribution$176   $218   $372   $463   
Disney Parks, Experiences and Products— (5) (2) (8)
Equity in the income of investees included in segment operating income176 213 370 455 
Amortization of TFCF intangible assets related to equity investees(3)(3)(6)(6)
Equity in the income of investees, net$173 $210 $364 $449 
[2] In February 2022, the Company early terminated certain license agreements with a customer for film and television content, which was delivered in previous years, in order for the Company to use the content primarily on our DTC services (Content License Early Termination). Because the content is functional intellectual property (IP), we had recognized substantially all of the consideration to be paid by the customer under the licenses as revenue in prior years when the content was made available under the agreements. Consequently, we recorded the amounts to terminate the licenses agreements, net of remaining amounts of deferred revenue, as a reduction of revenue.
[3] See Note 4 for a discussion of amounts in other income (expense), net.
[4] TFCF and Hulu acquisition amortization is as follows:
Quarter EndedSix Months Ended
April 1,
2023		April 2,
2022		April 1,
2023		April 2,
2022
Amortization of intangible assets$408 $435   $825 $870 
Step-up of film and television costs147   156 306 313 
Intangibles related to TFCF equity investees3   3 6 6 
$558 $594 $1,137 $1,189