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Segment Information (Tables)
 9 Months Ended
Jul. 02, 2022
Financial Information by Operating Segments
Segment revenues and segment operating income (loss) are as follows:
 Quarter EndedNine Months Ended
 July 2,
2022		July 3,
2021		July 2,
2022		July 3,
2021
Revenues:
Disney Media and Entertainment Distribution$14,110 $12,681 $42,315   $37,782   
Disney Parks, Experiences and Products7,394 4,341 21,280 11,102 
Total segment revenues$21,504 $17,022 $63,595 $48,884 
Segment operating income (loss):
Disney Media and Entertainment Distribution$1,381 $2,026 $4,133 $6,348 
Disney Parks, Experiences and Products2,186 356 6,391 (169)
Total segment operating income(1)
$3,567 $2,382 $10,524 $6,179 
(1) Equity in the income of investees is included in segment operating income as follows:
 Quarter EndedNine Months Ended
 July 2,
2022		July 3,
2021		July 2,
2022		July 3,
2021
Disney Media and Entertainment Distribution$230   $220   $693   $681   
Disney Parks, Experiences and Products(2)(5) (10) (22)
Equity in the income of investees included in segment operating income228 215 683 659 
Amortization of TFCF intangible assets related to equity investees(3)(4)(9)(11)
Equity in the income of investees, net$225 $211 $674 $648 
Equity In Income of Investees By Segment Equity in the income of investees is included in segment operating income as follows:
 Quarter EndedNine Months Ended
 July 2,
2022		July 3,
2021		July 2,
2022		July 3,
2021
Disney Media and Entertainment Distribution$230   $220   $693   $681   
Disney Parks, Experiences and Products(2)(5) (10) (22)
Equity in the income of investees included in segment operating income228 215 683 659 
Amortization of TFCF intangible assets related to equity investees(3)(4)(9)(11)
Equity in the income of investees, net$225 $211 $674 $648 
Reconciliation of Revenue from Segments to Consolidated
A reconciliation of segment revenues to total revenues is as follows:
 Quarter EndedNine Months Ended
 July 2,
2022		July 3,
2021		July 2,
2022		July 3,
2021
Segment revenues$21,504 $17,022   $63,595 $48,884   
Content License Early Termination(1)
—   — (1,023)  — 
Total revenues$21,504 $17,022 $62,572 $48,884 
(1)During the nine months ended July 2, 2022, the Company recognized a reduction in revenue for amounts to early terminate certain license agreements with a customer for film and television content, which was delivered in previous years, in order for the Company to use the content primarily on our direct-to-consumer services (Content License Early Termination). Because the content is functional intellectual property (IP), we recognized substantially all of the consideration to be paid by the customer under the licenses as revenue in prior years when the content was made available under the agreements. Consequently, we have recorded the amounts to terminate the license agreements, net of remaining amounts of deferred revenue, as a reduction of revenue in the current nine-month period.
Reconciliation of Segment Operating Income to Income before Income Taxes
A reconciliation of segment operating income to income from continuing operations before income taxes is as follows:
 Quarter EndedNine Months Ended
 July 2,
2022		July 3,
2021		July 2,
2022		July 3,
2021
Segment operating income$3,567 $2,382   $10,524 $6,179 
Content License Early Termination—   — (1,023)— 
Corporate and unallocated shared expenses(325)  (212)(825)(645)
Restructuring and impairment charges(42)(35)(237)  (562)  
Other income (expense), net(1)
(136)(91)(730)214 
Interest expense, net(360)(445)(1,026)(1,089)
TFCF and Hulu acquisition amortization(2)
(585)(604)(1,774)(1,826)
Income from continuing operations before income taxes$2,119 $995 $4,909 $2,271 
(1)See Note 4 for a discussion of amounts in other income (expense), net.
(2)For the quarter ended July 2, 2022 amortization of intangible assets, step-up of film and television costs and intangibles related to TFCF equity investees were $422 million, $160 million and $3 million, respectively. For the nine months ended July 2, 2022 amortization of intangible assets, step-up of film and television costs and intangibles related to TFCF equity investees were $1,292 million, $473 million and $9 million, respectively. For the quarter ended July 3, 2021 amortization of intangible assets, step-up of film and television costs and intangibles related to TFCF equity investees were $434 million, $166 million, and $4 million, respectively. For the nine months ended July 3, 2021 amortization of intangible assets, step-up of film and television costs and intangibles related to TFCF equity investees were $1,328 million, $487 million and $11 million, respectively.
Schedule of Goodwill
The changes in the carrying amount of goodwill are as follows:
DMEDDPEPTotal
Balance at October 2, 2021$72,521 $5,550 $78,071 
Currency translation adjustments and other, net(126)— (126)
Balance at July 2, 2022$72,395 $5,550 $77,945