v3.25.3
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Sep. 30, 2025
Sep. 30, 2024
OPERATING ACTIVITIES    
Net income $ 609 $ 832
Adjustments to reconcile net income to net cash (used in) provided by operating activities    
Depreciation and amortization 98 91
Restructuring, impairment and other corporate matters (8) 26
Equity-based compensation 28 34
Equity losses (earnings) of affiliates 1 (3)
Non-operating other, net 125 (233)
Deferred income taxes 90 103
Change in operating assets and liabilities, net of acquisitions and dispositions    
Receivables and other assets (437) (393)
Inventories net of programming payable (525) (303)
Accounts payable and accrued expenses (132) (110)
Other changes, net 21 114
Net cash (used in) provided by operating activities (130) 158
INVESTING ACTIVITIES    
Property, plant and equipment (104) (64)
Purchase of investments (135) 0
Other investing activities, net (16) (14)
Net cash used in investing activities (255) (78)
FINANCING ACTIVITIES    
Repurchase of shares (250) (250)
Dividends paid and distributions (138) (131)
Purchase of noncontrolling interest (208) 0
Other financing activities, net (2) 34
Net cash used in financing activities (598) (347)
Net decrease in cash and cash equivalents (983) (267)
Cash and cash equivalents, beginning of year 5,351 4,319
Cash and cash equivalents, end of period $ 4,368 $ 4,052