XML 44 R25.htm IDEA: XBRL DOCUMENT v3.24.0.1
Segment Information (Tables)
 3 Months Ended
Dec. 30, 2023
Financial Information by Operating Segments
Segment revenues and segment operating income are as follows:
 Quarter Ended
 December 30,
2023		December 31,
2022
Revenues:
Entertainment
Third parties$9,881   $10,584   
Intersegment100   91   
9,981   10,675   
Sports
Third parties4,536   4,383   
Intersegment299   257   
4,835   4,640   
Experiences9,132   8,545   
Eliminations(399)  (348)  
Total segment revenues$23,549   $23,512   
Segment operating income:
Entertainment$874   $345   
Sports(103)  (164)  
Experiences3,105   2,862   
Total segment operating income(1)
$3,876   $3,043   
(1) Equity in the income of investees is included in segment operating income as follows:
 Quarter Ended
 December 30,
2023		December 31,
2022
Entertainment$171   $193   
Sports13 3  
Experiences— (2) 
Equity in the income of investees included in segment operating income184 194 
Amortization of TFCF intangible assets related to equity investees(3)(3)
Equity in the income of investees, net$181 $191 
Equity In Income of Investees By Segment Equity in the income of investees is included in segment operating income as follows:
 Quarter Ended
 December 30,
2023		December 31,
2022
Entertainment$171   $193   
Sports13 3  
Experiences— (2) 
Equity in the income of investees included in segment operating income184 194 
Amortization of TFCF intangible assets related to equity investees(3)(3)
Equity in the income of investees, net$181 $191 
Reconciliation of Segment Operating Income to Income before Income Taxes
A reconciliation of segment operating income to income before income taxes is as follows:
 Quarter Ended
 December 30,
2023		December 31,
2022
Segment operating income$3,876 $3,043   
Corporate and unallocated shared expenses(308)  (280)
Restructuring and impairment charges(1)
— (69)
Other expense, net(2)
— (42)
Interest expense, net(246)(300)
TFCF and Hulu acquisition amortization(3)
(451)(579)
Income before income taxes
$2,871 $1,773 
(1)See Note 16 for a discussion of amounts in restructuring and impairment charges.
(2)See Note 4 for a discussion of amounts in other expense, net.
(3)TFCF and Hulu acquisition amortization is as follows:
Quarter Ended
December 30,
2023		December 31,
2022
Amortization of intangible assets$380 $417   
Step-up of film and television costs68   159 
Intangibles related to TFCF equity investees3   3 
$451 $579 
Components of TFCF and Hulu Acquisition Amortization TFCF and Hulu acquisition amortization is as follows:
Quarter Ended
December 30,
2023		December 31,
2022
Amortization of intangible assets$380 $417   
Step-up of film and television costs68   159 
Intangibles related to TFCF equity investees3   3 
$451 $579 
Schedule of Goodwill
The changes in the carrying amount of goodwill are as follows:
EntertainmentSportsExperiencesTotal
Balance at September 30, 2023$55,031 $16,486 $5,550 $77,067 
Currency translation adjustments and other, net(1)— — (1)
Balance at December 30, 2023$55,030 $16,486 $5,550 $77,066