The Company’s inventories were comprised of the following:

	As of December 31, 2017			As of June 30, 2017
	(in millions)
Programming rights
Sports programming rights	$	3,444		$	3,201
Entertainment programming rights		3,264			3,232
Filmed entertainment costs
Films
Released, less accumulated amortization		1,356			1,112
Completed, not released		106			398
In production		1,409			1,094
In development or preproduction		191			295
		-
		3,062			2,899

Television productions
Released, less accumulated amortization		752			838
In production, development or preproduction		644			383

		1,396			1,221

Total filmed entertainment costs, less accumulated amortization^(a)		4,458			4,120

Total inventories, net		11,166			10,553
Less: current portion of inventories, net^(b)		(3,132	)		(3,101	)

Total non-current inventories, net	$	8,034		$	7,452

^(a)	Does not include $226 million and $241 million of net intangible film library costs as of December 31, 2017 and June 30, 2017, respectively, which were included in intangible assets subject to amortization in the Consolidated Balance Sheets.

^(b)	Current portion of inventories, net as of December 31, 2017 and June 30, 2017 was comprised of programming rights ($3,072 million and $3,037 million, respectively), DVDs, Blu-rays and other merchandise.