v3.24.3
Income Taxes - Deferred Tax Assets and Liabilities (Detail) - USD ($)
$ in Millions
Sep. 28, 2024
Sep. 30, 2023
Deferred tax assets    
Net operating losses and tax credit carryforwards $ (3,444) [1] $ (3,841)
Accrued liabilities (1,199) (1,335)
Deferred Tax Assets, Lease Liabilities (862) (852)
Deferred Tax Assets, Tax Deferred Expense, Licensing Revenues (130) (115)
Other (655) (623)
Total deferred tax assets (6,290) (6,766)
Deferred tax liabilities    
Depreciable, amortizable and other property 6,584 7,581
Investment in U.S. Entities [2] 1,102 1,271
Deferred Tax Liabilities, Right-of-Use Assets 692 751
Investment in Foreign Entities 465 482
Other 78 81
Deferred Tax Liabilities, Gross 8,921 10,166
Deferred Tax Liabilities before valuation allowance 2,631 3,400
Valuation allowance 2,991 3,187
Total deferred tax liabilities $ 5,622 $ 6,587
[1] Further details on our net operating losses and tax credit carryforwards are as follows:
September 28, 2024
International Theme Park net operating losses
$1,530  
U.S. foreign tax credits822  
State net operating losses and tax credit carryforwards533  
Other559  
Total net operating losses and tax credit carryforwards(a)
$3,444  
(a)    Approximately $2.2 billion of these credits do not expire. Approximately $1.1 billion expire between fiscal 2026 and fiscal 2034, primarily consisting of U.S. foreign tax credits
[2] Amounts are, in part, due to the tax status of these entities and if the tax status of certain legal entities changes, a significant portion of this balance may reverse.