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Revenues
 12 Months Ended
Oct. 02, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block] Revenues
The following table presents our revenues by segment and major source:
202120202019
DMEDDPEPTotalDMEDDPEPTotalDMEDDPEPTotal
Affiliate fees$17,760$—$17,760$17,929$—$17,929$15,948$—$15,948
Advertising12,425412,42910,851410,85510,507610,513
Subscription fees12,020—12,0207,645—7,6452,115—2,115
Theme park admissions—3,8483,848—4,0384,038—7,5407,540
Resort and vacations—2,7012,701—3,4023,402—6,2666,266
Retail and wholesale sales of merchandise, food and beverage—4,9574,957—4,9524,952—7,7167,716
TV/SVOD distribution licensing5,266—5,2666,253—6,2535,555—5,555
Theatrical distribution licensing920—9202,134—2,1344,726—4,726
Merchandise licensing123,5863,598323,2103,242513,3293,380
Home entertainment1,014—1,0141,802—1,8021,961—1,961
Other1,4491,4562,9051,7041,4323,1361,9581,9293,887
Total revenues$50,866$16,552$67,418$48,350$17,038$65,388$42,821$26,786$69,607
The following table presents our revenues by segment and primary geographical markets:
202120202019
DMEDDPEPTotalDMEDDPEPTotalDMEDDPEPTotal
Americas$41,754$12,403$54,157$39,163$12,829$51,992$33,602$20,203$53,805
Europe5,0221,6686,6905,2402,0937,3334,7623,2448,006
Asia Pacific4,0902,4816,5713,9472,1166,0634,4573,3397,796
Total revenues$50,866$16,552$67,418$48,350$17,038$65,388$42,821$26,786$69,607
Revenues recognized in the current and prior year from performance obligations satisfied (or partially satisfied) in previous reporting periods primarily relate to revenues earned on TV/SVOD licensee sales on titles made available to the licensee in previous reporting periods. For fiscal 2021, $1.3 billion was recognized related to performance obligations satisfied prior to October 3, 2020. For fiscal 2020, $1.4 billion was recognized related to performance obligations satisfied prior to September 30, 2019. For fiscal 2019, $1.2 billion was recognized related to performance obligations satisfied prior to September 30, 2018.
As of October 2, 2021, revenue for unsatisfied performance obligations expected to be recognized in the future is $14 billion, which primarily relates to content to be delivered in the future under existing agreements with television station
affiliates and TV/SVOD licensees. Of this amount, we expect to recognize approximately $6 billion in fiscal 2022, $4 billion in fiscal 2023, $2 billion in fiscal 2024 and $2 billion thereafter. These amounts include only fixed consideration or minimum guarantees and do not include amounts related to (i) contracts with an original expected term of one year or less (such as most advertising contracts) or (ii) licenses of IP that are solely based on the sales of the licensee.
Payment terms vary by the type and location of our customers and the products or services offered. For certain products or services and customer types, we require payment before the products or services are provided to the customer; in other cases, after appropriate credit evaluations, payment is due in arrears. Advertising contracts, which are generally short term, are billed monthly with payments generally due within 30 days. Payments due under affiliate arrangements are calculated monthly and are generally due within 30 days of month end. Home entertainment terms generally require payment within 60 to 90 days of availability date to the customer. Licensing payment terms vary by contract but are generally collected in advance or over the license term.
When the timing of the Company’s revenue recognition is different from the timing of customer payments, the Company recognizes either a contract asset (customer payment is subsequent to revenue recognition and subject to the Company satisfying additional performance obligations) or deferred revenue (customer payment precedes the Company satisfying the performance obligations). Consideration due under contracts with payment in arrears is recognized as accounts receivable. Deferred revenues are recognized as (or when) the Company performs under the contract. Contract assets, accounts receivable and deferred revenues from contracts with customers are as follows:
October 2,
2021		October 3,
2020
Contract assets$155  $70  
Accounts Receivable
Current11,190  11,340  
Non-current1,359  1,789  
Allowance for credit losses(194) (460) 
Deferred revenues
Current4,067  3,688  
Non-current581  513  
Contract assets primarily relate to certain multi-season TV/SVOD licensing contracts. Activity for fiscal 2021 and 2020 related to contract assets was not material. The allowance for credit losses decreased from $460 million at October 3, 2020 to $194 million at October 2, 2021 primarily due to the adoption of new accounting guidance on the measurement of credit losses (see Note 20).
For fiscal 2021, the Company recognized revenues of $2.9 billion, primarily related to content sales, including subscription revenue, and licensing advances included in the deferred revenue balance at October 3, 2020. For fiscal 2020, the Company recognized revenues of $3.4 billion primarily related to theme park admissions and vacation packages and licensing and publishing advances included in the deferred revenue balance at September 28, 2019. For fiscal 2019, the Company recognized revenues of $2.7 billion primarily related to theme park admissions and vacation packages and licensing and publishing advances included in the deferred revenue balance at September 29, 2018.
The Company has accounts receivable with original maturities greater than one year related to the sale of film and television program rights and vacation club properties. These receivables are discounted to present value at contract inception, and the related revenues are recognized at the discounted amount.
The balance of film and television program sales receivables recorded in other non-current assets, net of an allowance for credit losses that is not material, was $0.8 billion as of October 2, 2021. The activity in the allowance for credit loss for fiscal 2021 was not material.
The balance of mortgage receivables recorded in other non-current assets, net of an allowance for credit loss that is not material, was $0.6 billion as of October 2, 2021. The activity in the allowance for credit loss for fiscal 2021 was not material.