Supplemental Cash Flow and Other Information

9 Months Ended

Jun. 30, 2011

Supplemental Cash Flow And OtherInformation Disclosure [Abstract]

Supplemental Cash Flow and Other Information

NOTE 11. SUPPLEMENTAL CASH FLOW AND OTHER INFORMATION

	Quarter Ended				Nine Months Ended
Supplemental Cash Flow Information	June 30,				June 30,
(in millions)	2011		2010		2011		2010
Cash paid for interest	$	136	$	155	$	355	$	374
Cash paid for income taxes	$	379	$	306	$	612	$	776

	Quarter Ended				Nine Months Ended
Redeemable Noncontrolling Interest	June 30,				June 30,
(in millions)	2011		2010		2011		2010
Beginning balance	$	132	$	154	$	131	$	170
Net earnings		2		1		9		8
Distributions		(1)		(3)		(11)		(9)
Translation adjustment		(2)		(4)		2		(17)
Redemption value adjustment		21		1		21		(3)
Ending balance	$	152	$	149	$	152	$	149

Investments in Variable Interest Entities

Unconsolidated Variable Interest Entities

At June 30, 2011 and September 30, 2010, the Company's aggregate investment carrying value in unconsolidated VIEs was $142 million and $98million, respectively. The impact of the Company's unconsolidated VIEs on its Consolidated Financial Statements, including related party transactions, is further described in Note 8.

Consolidated Variable Interest Entities

AtJune 30, 2011 and September 30, 2010, there were$25million and $27 million of assets and $85 million and $84 million of liabilities, respectively, included within the Company's Consolidated Balance Sheets in respect of MTV Tr3s' investment interest in a Hispanic-oriented television broadcaster. The operating results of this consolidated VIE for the nine months ended June 30, 2010 included a $60 million non-cash impairment charge related to certain broadcast licenses held by the entity. The impact to Net earnings attributable to Viacom in the nine months ended June 30, 2010 was a reduction of $19 million, with the remaining $41 million allocated to the noncontrolling interest. Except for the impairment charge, theentity's revenues, expenses and operating income for the quarter and nine months endedJune 30, 2011 and 2010 were not significant to the Company.

Accounts Receivable

At June 30, 2011, there were $402million of noncurrent trade receivables in the FilmedEntertainment segment included within Other assets in the Company's Consolidated Balance Sheet principally related to long-term television license arrangements and amounts due from MVL Productions LLC, a subsidiary of The Walt Disney Company, in connection with the sale of distribution rights. Such amounts are due in accordance with the underlying terms of the respective agreements and are principally from investment grade companies with which the Company has historically done business under similar terms, for which credit loss allowances are generally not considered necessary.

During the quarter ended December 31, 2009, activity under our former accounts receivable securitization programs consisted of $433 million of proceeds from the sale of receivables and $1.109billion of cash remitted to the facility,including $3 million of cash paid for interest. There were no amounts outstanding under the programs at December 31, 2009 and no activity during the quarters ended March 31, 2010 and June 30, 2010.

Restructuring

During the quarter ended June 30, 2011, the Media Networks segment incurred employee separation costs, including accelerated vesting of certain equity-based compensation awards, of $14 million, which is included within Restructuring in our Consolidated Statement of Earnings.