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QUARTERLY FINANCIAL SUMMARY
 12 Months Ended
Oct. 01, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL SUMMARY
QUARTERLY FINANCIAL SUMMARY
(in millions, except per share data)
 
(unaudited)
 
Q1(1)
 
Q2 (2)
 
Q3 (3)
 
Q4 (4)
2016
 
 
 
 
 
 
 
 
Revenues
 
$
15,244

 
$
12,969

 
$
14,277

 
$
13,142

Segment operating income (5)
 
4,267

 
3,822

 
4,456

 
3,176

Net income
 
2,910

 
2,276

 
2,712

 
1,892

Net income attributable to Disney
 
2,880

 
2,143

 
2,597

 
1,771

Earnings per share:
 
 
 
 
 
 
 
 
Diluted
 
$
1.73

 
$
1.30

 
$
1.59

 
$
1.10

Basic
 
1.74

 
1.31

 
1.60

 
1.10

2015
 
 
 
 
 
 
 
 
Revenues
 
$
13,391

 
$
12,461

 
$
13,101

 
$
13,512

Segment operating income (5)
 
3,545

 
3,482

 
4,120

 
3,534

Net income
 
2,244

 
2,228

 
2,639

 
1,741

Net income attributable to Disney
 
2,182

 
2,108

 
2,483

 
1,609

Earnings per share:
 
 
 
 
 
 
 
 
Diluted
 
$
1.27

 
$
1.23

 
$
1.45

 
$
0.95

Basic
 
1.28

 
1.24

 
1.46

 
0.96

 
(1) 
Results for the first quarter of fiscal 2016 included the Vice Gain, which had a favorable impact of $0.13 on earnings per diluted share, partially offset by restructuring and impairment charges ($0.03 per diluted share). These items resulted in a net positive benefit of $0.10 on diluted earnings per share.
(2) 
Results for the second quarter of fiscal 2016 included an adverse impact of $0.06 on diluted earnings per share due to the Infinity Charge.
(3) 
Results for the third quarter of fiscal 2016 included restructuring and impairment charges, which had an adverse impact of $0.03 on diluted earnings per share.
(4) 
Results for the fourth quarter of fiscal 2016 included a favorable adjustment to the Infinity Charge taken in the second quarter ($0.01 per diluted share), partially offset by restructuring and impairment charges ($0.01 per diluted share). Results for the fourth quarter of fiscal 2015 included a non-cash charge in connection with the write-off of a deferred tax asset as a result of the Disneyland Paris recapitalization ($0.24 per diluted share) and restructuring and impairment charges ($0.02 per diluted share), which collectively resulted in a net adverse impact of $0.25 per diluted share.
(5) 
Segment operating results reflect earnings before the Infinity Charge, corporate and unallocated shared expenses, restructuring and impairment charges, other expense, interest income/(expense), income taxes and noncontrolling interests. Segment operating income includes equity in the income of investees except for the Vice Gain.