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Revenues
 12 Months Ended
Oct. 01, 2022
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:
202220212020
DMEDDPEPContent License Early TerminationTotalDMEDDPEPTotalDMEDDPEPTotal
Affiliate fees$17,525$—$—$17,525$17,760$—$17,760$17,929$—$17,929
Subscription fees15,291——15,29112,020—12,0207,645—7,645
Advertising13,0444—13,04812,425412,42910,851410,855
Theme park admissions—8,602—8,602—3,8483,848—4,0384,038
Resort and vacations—6,410—6,410—2,7012,701—3,4023,402
Retail and wholesale sales of merchandise, food and beverage—7,838—7,838—4,9574,957—4,9524,952
Merchandise licensing—3,969—3,969123,5863,598323,2103,242
TV/SVOD distribution licensing4,452—(1,023)3,4295,266—5,2666,253—6,253
Theatrical distribution licensing1,875——1,875920—9202,134—2,134
Home entertainment820——8201,014—1,0141,802—1,802
Other2,0331,882—3,9151,4491,4562,9051,7041,4323,136
$55,040$28,705$(1,023)$82,722$50,866$16,552$67,418$48,350$17,038$65,388
The following table presents our revenues by segment and primary geographical markets:
202220212020
DMEDDPEPTotalDMEDDPEPTotalDMEDDPEPTotal
Americas$45,018$23,200$68,218$41,754$12,403$54,15739,163$12,829$51,992
Europe5,3283,3528,6805,0221,6686,6905,2402,0937,333
Asia Pacific4,6942,1536,8474,0902,4816,5713,9472,1166,063
$55,040$28,705$83,745$50,866$16,552$67,418$48,350$17,038$65,388
Content License Early Termination(1,023)  
$82,722
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 licenses for titles made available to the licensee in previous reporting periods. For fiscal 2022, $1.1 billion was recognized related to performance obligations satisfied prior to
October 2, 2021. 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.
As of October 1, 2022, revenue for unsatisfied performance obligations expected to be recognized in the future is $15 billion, which primarily relates to content and other IP to be delivered in the future under existing agreements with merchandise and co-branding licensees and sponsors, television station affiliates, sports sublicensees, advertisers, and DTC wholesalers. Of this amount, we expect to recognize approximately $6 billion in fiscal 2023, $4 billion in fiscal 2024, $2 billion in fiscal 2025 and $3 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.
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 1,
2022		October 2,
2021
Contract assets$32  $155  
Accounts Receivable
Current10,886  11,190  
Non-current1,226  1,359  
Allowance for credit losses(179) (194) 
Deferred revenues
Current5,531  4,067  
Non-current927  581  
Contract assets primarily relate to certain multi-season TV/SVOD licensing contracts. Activity for fiscal 2022 and 2021 related to contract assets was not material.
For fiscal 2022, 2021 and 2020, the Company recognized revenues of $3.6 billion, $2.9 billion and $3.4 billion, respectively, that was included in the deferred revenue balance at October 2, 2021, October 3, 2020 and September 28, 2019, respectively. Amounts deferred generally relate to DTC subscriptions, advances from merchandise licensees and TV/SVOD licenses. In fiscal 2020, as a result of COVID-19, the Company had paid refunds for certain non-refundable deposits that were reported as deferred revenue prior to fiscal 2020, the most significant of which related to park admission tickets and deposits for vacation packages. The balance at October 2, 2021 related to these deposits was classified in “Accounts payable and other accrued liabilities” in the Consolidated Balance Sheet. In fiscal 2022, the Company is no longer refunding these deposits and approximately $1.5 billion is now classified as “Deferred revenue and other” in the Consolidated Balance Sheet.
The Company has accounts receivable with original maturities greater than one year related to the sale of film and television program rights (TV/SVOD) 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 TV/SVOD licensing receivables recorded in other non-current assets was $0.6 billion and $0.8 billion at October 1, 2022 and October 2, 2021, respectively. The balance of vacation club receivables recorded in other non-current assets was $0.6 billion at both October 1, 2022 and October 2, 2021, respectively. The allowance for credit losses and activity for fiscal 2022 and 2021 was not material.