v3.25.3
Additional Financial Information (Tables)
 3 Months Ended
Sep. 30, 2025
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,
20252024
(in millions)
Restructuring charges$(2)$(8)
Other corporate matters
Legal settlement costs
(6)(7)
U.K. Newspaper Matters Indemnity(a)
(1)(6)
Other17 (5)
Total restructuring, impairment and other corporate matters$8 $(26)
(a)
See Note 8—Commitments and Contingencies under the heading "U.K. Newspaper Matters Indemnity."
Schedule of Interest Income and Interest Expense Disclosure
The following table sets forth the components of Interest expense, net included in the Statements of Operations:
For the three months ended September 30,
20252024
(in millions)
Interest expense$(100)$(102)
Interest income50 52 
Total interest expense, net$(50)$(50)
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,
20252024
(in millions)
Net (losses) gains on investments in equity securities(a)
$(122)$236 
Other(3)(3)
Total non-operating other, net$(125)$233 
(a)
Net (losses) gains on investments in equity securities includes the (losses) gains 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,
2025
As of
June 30,
2025
 (in millions)
Investments(a)
$1,635 $1,621 
Inventories, net853 742 
Operating lease assets801 814 
Grantor Trust assets252 246 
Other323 309 
Total other non-current assets$3,864 $3,732 
(a)
Includes investments accounted for at fair value on a recurring basis of $1.1 billion and $1.2 billion as of September 30, 2025 and June 30, 2025, 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,
2025
As of
June 30,
2025
(in millions)
Accrued expenses$916 $1,081 
Programming payable768 1,070 
Deferred revenue378 299 
Operating lease liabilities41 41 
Other current liabilities358 406 
Total accounts payable, accrued expenses and other current liabilities$2,461 $2,897 
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,
2025
As of
June 30,
2025
(in millions)
Non-current operating lease liabilities$808 $822 
Accrued non-current pension/postretirement liabilities278 276 
Other non-current liabilities224 243 
Total other liabilities$1,310 $1,341 
Schedule of Changes in Redeemable Noncontrolling Interests
The changes in redeemable noncontrolling interests were as follows:
For the three months ended September 30,
20252024
(in millions)
Beginning of period$(288)$(242)
Redemption of noncontrolling interests208 — 
Net (income) loss(1)2 
Accretion and redemption value adjustments
— 38 
End of period$(81)$(202)
Schedule of Supplemental Information
The following table summarizes supplemental information on the Statements of Cash Flows:
For the three months ended September 30,
 20252024
 (in millions)
Supplemental cash flow information
Cash paid for interest$(135)$(133)
Cash paid for income taxes$(71)$(21)