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Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Jun. 29, 2024
Sep. 30, 2023
Deferred Tax Assets    
Deferred Tax Assets, Operating Loss Carryforwards, Foreign [1] $ (3,506) $ (3,841)
Accrued Liabilities (1,215) (1,335)
Lease Liabilities (862) (852)
Licensing Revenues (133) (115)
Other (669) (623)
Deferred Tax Assets, Gross (6,385) (6,766)
Deferred Tax Liabilities    
Depreciable, amortizable and other property 6,932 7,581
Investment in subsidiaries and equity investees [2] 1,619 1,753
Right-of-Use Assets 763 751
Other 82 81
Deferred Tax Liabilities, Gross 9,396 10,166
Net deferred tax liability before valuation allowance 3,011 3,400
Valuation Allowance 3,018 3,187
Deferred Tax Liabilities, Net $ 6,029 $ 6,587
[1] Balances at June 29, 2024 and September 30, 2023 include approximately $1.5 billion and $1.6 billion, respectively, of International Theme Park net operating losses. The International Theme Park net operating losses are primarily in France and, to a lesser extent, Hong Kong and China. Losses in France and Hong Kong have an indefinite carryforward period and losses in China have a five-year carryforward period. China theme park net operating losses of $0.1 billion, if not used, expire between fiscal 2025 and fiscal 2028. Balances at both June 29, 2024 and September 30, 2023 also include approximately $1.0 billion of foreign tax credits in the U.S., which have a ten-year carryforward period and, if not used, expire beginning in fiscal 2028.
[2] Amounts related to Investment in subsidiaries / equity investees are, in part, due to the tax status of these entities. If the tax status of certain legal entities changes, a significant portion of this balance may reverse.