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Commitments and Contingencies (Tables)
12 Months Ended
Jun. 30, 2024
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Commitments by Fiscal Year Maturity The following table summarizes the Company’s material firm commitments as of June 30, 2024:
As of June 30, 2024
Payments Due by Period
Total
Less than 1
year
1-3 years
3-5 years
More than 5
years
(in millions)
Purchase obligations(a)
$1,563 $544 $627 $263 $129 
Sports programming rights(b)
3,177 481 1,080 775 841 
Programming costs(c)
908 324 407 169 
Operating leases(d)
Transmission costs(e)
112 19 30 29 34 
Land and buildings1,486 143 245 149 949 
Plant and machinery11 — 
Finance leases
Transmission costs(e)
23 19 — — 
Borrowings(f)
2,902 33 1,093 1,276 500 
Interest payments on borrowings(g)
610 146 251 136 77 
Total commitments and contractual obligations
$10,792 $1,714 $3,741 $2,799 $2,538 
(a)The Company has commitments under purchase obligations related to minimum subscriber guarantees for license fees, printing contracts, capital projects, marketing agreements, production services and other legally binding commitments.
(b)The Company has sports programming rights commitments with the National Rugby League, Australian Football League and Cricket Australia, as well as certain other broadcast rights which are payable through fiscal 2032.
(c)The Company has programming rights commitments with various suppliers for programming content.
(d)The Company leases office facilities, warehouse facilities, printing plants, satellite services and equipment. These leases, which are classified as operating leases, are expected to be paid at certain dates through fiscal 2048. Amounts reflected represent only the Company’s lease obligations for which it has firm commitments.
(e)The Company has contractual commitments for satellite transmission services. The Company’s satellite transponder services arrangements extend through fiscal 2032 and are accounted for as operating or finance leases, based on the underlying terms of those arrangements.
(f)See Note 9—Borrowings.
(g)Reflects the Company’s expected future interest payments based on borrowings outstanding and interest rates applicable at June 30, 2024. Such rates are subject to change in future periods. See Note 9—Borrowings.