v3.24.3
Additional Financial Information (Tables)
 3 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Components of Restructuring, Impairment and Other Corporate Matters
The following table sets forth the components of Restructuring, impairment and other corporate matters included in the Statements of Operations:
For the three months ended September 30,
20242023
(in millions)
Restructuring charges$(8)$— 
Other corporate matters
Legal settlement costs
(7)— 
U.K. Newspaper Matters Indemnity(a)
(6)(5)
Other(5)14 
Total restructuring, impairment and other corporate matters$(26)$9 
(a)
See Note 8—Commitments and Contingencies under the heading "U.K. Newspaper Matters Indemnity."
Schedule of Interest Income and Interest Expense Disclosure
The following table sets forth the components of Interest expense, net included in the Statements of Operations:
For the three months ended September 30,
20242023
(in millions)
Interest expense$(102)$(91)
Interest income52 49 
Total interest expense, net$(50)$(42)
Schedule of Components of Non-Operating Other, Net
The following table sets forth the components of Non-operating other, net included in the Statements of Operations:
For the three months ended September 30,
20242023
(in millions)
Net gains (losses) on investments in equity securities(a)
$236 $(171)
Other(3)(5)
Total non-operating other, net$233 $(176)
(a)
Net gains (losses) on investments in equity securities includes the gains (losses) related to the change in fair value of the Company’s investment in Flutter (See Note 4—Fair Value).
Schedule of Components of Other Non-current Assets
The following table sets forth the components of Other non-current assets included in the Balance Sheets:
 
As of
September 30,
2024
As of
June 30,
2024
 (in millions)
Investments(a)
$1,355 $1,129 
Operating lease assets889 904 
Inventories, net863 712 
Grantor Trust261 247 
Other343 323 
Total other non-current assets$3,711 $3,315 
(a)
Includes investments accounted for at fair value on a recurring basis of $1.04 billion and $797 million as of September 30, 2024 and June 30, 2024, respectively (See Note 4—Fair Value).
Schedule of Components of Accounts Payable, Accrued Expenses and Other Current Liabilities
The following table sets forth the components of Accounts payable, accrued expenses and other current liabilities included in the Balance Sheets:
As of
September 30,
2024
As of
June 30,
2024
(in millions)
Accrued expenses$814 $1,006 
Programming payable686 683 
Deferred revenue328 180 
Operating lease liabilities76 76 
Other current liabilities501 408 
Total accounts payable, accrued expenses and other current liabilities$2,405 $2,353 
Schedule of Components of Other Liabilities
The following table sets forth the components of Other liabilities included in the Balance Sheets:
As of
September 30,
2024
As of
June 30,
2024
(in millions)
Non-current operating lease liabilities$861 $879 
Accrued non-current pension/postretirement liabilities277 276 
Other non-current liabilities218 211 
Total other liabilities$1,356 $1,366 
Schedule of Supplemental Information
For the three months ended September 30,
 20242023
 (in millions)
Supplemental cash flows information
Cash paid for interest$(133)$(158)
Cash paid for income taxes$(21)$(2)