v3.26.3
Inventories, Net (Tables)
 3 Months Ended
Sep. 30, 2026
Inventory Disclosure [Abstract]  
Schedule of Inventories, Net
The Company’s inventories were comprised of the following:
As of
September 30,
2026
As of
June 30,
2026
(in millions)
Licensed programming, including prepaid sports rights$1,033 $771 
Owned programming638 561 
Total inventories, net1,671 1,332 
Less: current portion of inventories, net(689)(487)
Total non-current inventories, net$982 $845 
Owned programming
Released$250 $258 
In-process or other388 303 
Total$638 $561 
Schedule of Inventories Aggregate Amortization Expense
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 September 30,
20262025
(in millions)
Total amortization expense$1,186 $1,144