v3.26.3
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Sep. 30, 2026
Sep. 30, 2025
OPERATING ACTIVITIES    
Net income $ 957 $ 609
Adjustments to reconcile net income to net cash provided by (used in) operating activities    
Depreciation and amortization 118 98
Restructuring, impairment and other corporate matters 17 (8)
Equity-based compensation 36 28
Equity losses of affiliates 0 1
Non-operating other, net 143 125
Deferred income taxes 127 90
Change in operating assets and liabilities, net of acquisitions and dispositions    
Receivables and other assets (192) (437)
Inventories net of programming payable (567) (525)
Accounts payable and accrued expenses (179) (132)
Other changes, net 156 21
Net cash provided by (used in) operating activities 616 (130)
INVESTING ACTIVITIES    
Property and equipment (113) (104)
Purchase of investments 0 (135)
Other investing activities, net (26) (16)
Net cash used in investing activities (139) (255)
FINANCING ACTIVITIES    
Dividends paid and distributions (131) (138)
Repurchase of shares 0 (250)
Purchase of noncontrolling interest 0 (208)
Other financing activities, net (15) (2)
Net cash used in financing activities (146) (598)
Net increase (decrease) in cash and cash equivalents 331 (983)
Cash and cash equivalents, beginning of year 4,205 5,351
Cash and cash equivalents, end of period $ 4,536 $ 4,368