v3.26.1
Inventories, Net
 9 Months Ended
Mar. 31, 2026
Inventory Disclosure [Abstract]  
Inventories, Net INVENTORIES, NET
The Company’s inventories were comprised of the following:
As of
March 31,
2026
As of
June 30,
2025
(in millions)
Licensed programming, including prepaid sports rights$933 $633 
Owned programming573 541 
Total inventories, net1,506 1,174 
Less: current portion of inventories, net(652)(432)
Total non-current inventories, net$854 $742 
Owned programming
Released$301 $308 
In-process or other272 233 
Total$573 $541 
The following table presents the aggregate amortization expense related to Inventories, net included in Operating expenses in the Statements of Operations:
For the three months ended March 31,
For the nine months ended March 31,
2026202520262025
(in millions)
Total amortization expense$1,442 $1,913 $5,405 $5,801