v3.26.1
International Theme Parks
9 Months Ended
Jun. 27, 2026
Equity Method Investments and Joint Ventures [Abstract]  
International Theme Parks International Theme Parks
The Company has a 48% ownership interest in the operations of Hong Kong Disneyland Resort and a 43% ownership interest in the operations of Shanghai Disney Resort. The Asia Theme Parks together with Disneyland Paris are collectively referred to as the International Theme Parks.
The following table summarizes the carrying amounts of the Asia Theme Parks’ assets and liabilities included in the Company’s Condensed Consolidated Balance Sheets:
June 27,
2026
September 27,
2025
Cash and cash equivalents$467 $428 
Other current assets228 184 
Total current assets695 612 
Parks, resorts and other property6,431    6,060    
Other assets281 287 
Total assets$7,407 $6,959 
Current liabilities$718 $734 
Long-term borrowings1,120 1,075 
Other long-term liabilities509 489 
Total liabilities$2,347 $2,298 
The following table summarizes the International Theme Parks’ revenues and costs and expenses included in the Company’s Condensed Consolidated Statements of Income for the nine months ended June 27, 2026:
Revenues$4,823 
Costs and expenses(4,011)   
Asia Theme Parks’ royalty and management fees of $255 million for the nine months ended June 27, 2026 are eliminated in consolidation, but are considered in calculating earnings attributable to noncontrolling interests.
International Theme Parks’ cash flows included in the Company’s Condensed Consolidated Statements of Cash Flows for the nine months ended June 27, 2026 were $1,257 million provided by operating activities, $1,066 million used in investing activities and $19 million provided by financing activities.