v3.24.3
Produced and Acquired/Licensed Content Costs and Advances
 12 Months Ended
Sep. 28, 2024
Other Industries [Abstract]  
Produced and Acquired/Licensed Content Costs and Advances Disclosure Produced and Acquired/Licensed Content Costs and Advances
Total capitalized produced and licensed content by predominant monetization strategy is as follows:
As of September 28, 2024As of September 30, 2023
Predominantly Monetized IndividuallyPredominantly
Monetized
as a Group		TotalPredominantly Monetized IndividuallyPredominantly
Monetized
as a Group		Total
Produced content
Released, less amortization$4,568 $13,621 $18,189 $4,968 $13,555 $18,523 
Completed, not released16 2,265 2,281 70 1,786 1,856 
In-process4,352   4,067   8,419   3,331   6,120   9,451   
In development or pre-production196 73 269 279 133 412 
$9,132 $20,026 29,158 $8,648 $21,594 30,242 
Licensed content - Television Programming rights and advances5,251 6,351 
Total produced and licensed content$34,409 $36,593 
Current portion$2,097 $3,002 
Non-current portion$32,312 $33,591 
Amortization of produced and licensed content is as follows:
202420232022
Produced content
Predominantly monetized individually$3,311$3,999$3,448
Predominantly monetized as a group7,1437,8626,776
10,45411,86110,224
Licensed programming rights and advances14,02713,40513,432
Total produced and licensed content costs(1)
$24,481$25,266$23,656
(1)Primarily included in “Costs of services” in the Consolidated Statements of Income. Fiscal 2024 amounts exclude impairment charges of $187 million for produced content and fiscal 2023 amounts exclude impairment charges of $2.0 billion for produced content and $257 million for licensed programming rights recorded in “Restructuring and impairment charges” in the Consolidated Statements of Income (see Note 18).
Total expected amortization by fiscal year of completed (released and not released) produced, licensed and acquired film and television library content on the balance sheet as of September 28, 2024 is as follows:
Predominantly Monetized IndividuallyPredominantly
Monetized
as a Group		Total
Produced content
Released
2025$983 $3,323 $4,306 
2026605 2,466 3,071 
2027479   1,907   2,386   
Completed, not released
202510   848   858   
Licensed content - Programming rights and advances
2025$3,230 
2026746 
2027370   
Approximately $2.2 billion of accrued participations and residual liabilities will be paid in fiscal 2025.
At September 28, 2024, acquired film and television library content has remaining unamortized costs of $3.5 billion, which are generally being amortized straight-line over a weighted-average remaining period of approximately 14 years.
Content Production Incentives
Programming and production costs were reduced by $0.6 billion for fiscal 2024 related to the amortization of production tax incentives. We have production tax credit receivables of $1.7 billion as of September 28, 2024, which, based on the expected timing of collection, are reflected in “Receivables, net” or “Other Assets” in our Consolidated Balance Sheet.