v3.26.1
Additional Financial Information (Tables)
 12 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Interest Expense, Net
The following table sets forth the components of Interest expense, net included in the Statements of Operations:
For the years ended June 30,
202620252024
(in millions)
Interest expense$(401)$(403)$(405)
Interest income127 176 189 
Total interest expense, net$(274)$(227)$(216)
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 years ended June 30,
202620252024
(in millions)
Net (losses) gains on investments in equity securities(a)
$(761)$449 $(189)
Gain on sale of assets(b)
— — 166 
Other(12)(11)(24)
Total non-operating other, net$(773)$438 $(47)
(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 6—Fair Value), and for the year ended June 30, 2024, the losses related to the Company’s investment in a live streaming mobile platform.
(b)
See Note 3—Acquisitions, Disposals and Other Transactions.
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 June 30,
20262025
(in millions)
Investments(a)
$965 $1,621 
Operating lease assets851 814 
Inventories, net845 742 
Grantor Trust assets244 246 
Other322 309 
Total other non-current assets$3,227 $3,732 
(a)
Includes investments accounted for at fair value on a recurring basis of $467 million and $1.2 billion as of June 30, 2026 and 2025, respectively (See Note 6—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 June 30,
20262025
(in millions)
Accrued expenses$1,204 $1,081 
Programming payable801 1,070 
Deferred revenue272 299 
Operating lease liabilities45 41 
Other current liabilities345 406 
Total accounts payable, accrued expenses and other current liabilities$2,667 $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 June 30,
20262025
(in millions)
Non-current operating lease liabilities$917 $822 
Accrued non-current pension/postretirement liabilities263 276 
Other non-current liabilities215 243 
Total other liabilities$1,395 $1,341 
Schedule of Changes in Redeemable Noncontrolling Interests
The changes in redeemable noncontrolling interests classified as Level 3 measurements were as follows:
For the years ended June 30,
202620252024
(in millions)
Beginning of year$288 $242 $213 
Acquisitions(a)
— 27 — 
Net income (loss)5 (1)(1)
Redemption of noncontrolling interests(208)— — 
Accretion and redemption value adjustments1 20 30 
End of year$86 $288 $242 
(a)
See Note 3—Acquisitions, Disposals and Other Transactions.
Schedule of Supplemental Information
The following table summarizes supplemental information on the Statements of Cash Flows:
For the years ended June 30,
202620252024
(in millions)
Supplemental cash flow information
Cash paid for interest$(440)$(402)$(398)
Cash paid for income taxes
Federal$(245)$(394)$(207)
State(77)(113)(18)
Foreign(13)(8)(7)
Total cash paid for income taxes$(335)$(515)$(232)