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Restructuring, Impairment and Other Corporate Matters | 12 Months Ended
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Jun. 30, 2024
Restructuring and Related Activities [Abstract] |
Restructuring, Impairment and Other Corporate Matters | NOTE 4. RESTRUCTURING, IMPAIRMENT AND OTHER CORPORATE MATTERS The following table sets forth the components of Restructuring, impairment and other corporate matters included in the Statements of Operations:
| For the years ended June 30,
| 2024 |  | 2023 |  | 2022
| (in millions)
Restructuring charges | $ | (13) |  |  | $ | (111) |  |  | $ | — |
Other corporate matters |  |  |  |  |
Legal settlement costs(a) | (24) |  |  | (894) |  |  | (6) |
U.K. Newspaper Matters Indemnity(a) | (20) |  |  | (117) |  |  | (81) |
Other | (10) |  |  | (60) |  |  | (70) |
Total restructuring, impairment and other corporate matters | $ | (67) |  |  | $ | (1,182) |  |  | $ | (157) |
(a) | See Note 14—Commitments and Contingencies under the headings “Defamation and Disparagement Claims” and "U.K. Newspaper Matters Indemnity."
Restructuring During fiscal 2024, 2023 and 2022, the Company recognized restructuring charges of $13 million, $111 million and nil, respectively. These charges were primarily comprised of severance costs at the Cable Network Programming and Television reportable segments and Corporate and Other for fiscal 2024 and 2023. Changes in the restructuring program liabilities were as follows:
| One time termination benefits |  | Contract termination costs |  | Total
| (in millions)
Balance, June 30, 2021 | $ | (16) |  |  | $ | (22) |  |  | $ | (38) |
Payments | 8 |  |  | 3 |  |  | 11 |
Balance, June 30, 2022 | $ | (8) |  |  | $ | (19) |  |  | $ | (27) |
Additions | (111) |  |  | — |  |  | (111) |
Payments | 52 |  |  | 2 |  |  | 54 |
Balance, June 30, 2023 | $ | (67) |  |  | $ | (17) |  |  | $ | (84) |
Additions and other | (19) |  |  | 6 |  |  | (13) |
Payments | 69 |  |  | 11 |  |  | 80 |
Balance, June 30, 2024 | $ | (17) |  |  | $ | — |  |  | $ | (17) |
Amounts recognized in the Balance Sheets consist of:
| For the years ended June 30,
| 2024 |  | 2023 |  | 2022
| (in millions)
Accounts payable, accrued expenses and other current liabilities | $ | 17 |  |  | $ | 74 |  |  | $ | 16 |
Other liabilities | — |  |  | 10 |  |  | 11 |
Total restructuring liabilities | $ | 17 |  |  | $ | 84 |  |  | $ | 27 |

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/420/tableOfContent Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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