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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Oct. 01, 2022
Revenues $ 91,361 $ 88,898 $ 82,722
Selling, general, administrative and other (15,759) (15,336) (16,388)
Depreciation and amortization (4,990) (5,369) (5,163)
Total costs and expenses (79,447) (79,906) (75,952)
Restructuring and impairment charges (3,595) (3,892) (237)
Other income (expense), net [1] (65) 96 (667)
Interest expense, net (1,260) (1,209) (1,397)
Equity in the income of investees 575 782 816
Total income from continuing operations 7,569 4,769 5,285
Income taxes on continuing operations (1,796) (1,379) (1,732)
Net income from continuing operations 5,773 3,390 3,553
Loss from discontinued operations, net of income tax benefit of $0, $0 and $14, respectively 0 0 (48)
Net income 5,773 3,390 3,505
Net income from continuing operations attributable to noncontrolling and redeemable noncontrolling interests (801) (1,036) (360)
Net income attributable to The Walt Disney Company (Disney) $ 4,972 $ 2,354 $ 3,145
Earnings per share attributable to Disney      
Continuing Operations, Per Diluted Share $ 2.72 $ 1.29 $ 1.75
Discontinued Operation, Per Diluted Share 0 0 (0.03)
Diluted [2] 2.72 1.29 1.72
Continuing Operations, Per Basic Share 2.72 1.29 1.75
Discontinued Operation, Per Basic Share 0 0 (0.03)
Basic [2] $ 2.72 $ 1.29 $ 1.73
Weighted average number of common and common equivalent shares outstanding:      
Diluted (shares) 1,831 1,830 1,827
Basic (shares) 1,825 1,828 1,822
Service      
Revenues $ 81,841 $ 79,562 $ 74,200
Cost of Goods and Services Sold (52,509) (53,139) (48,962)
Product      
Revenues 9,520 9,336 8,522
Cost of Goods and Services Sold $ (6,189) $ (6,062) $ (5,439)
[1] “Other income (expense), net” for fiscal 2024 and 2023 includes charges related to a legal ruling of $65 million and $101 million, respectively. Fiscal 2023 and 2022 include a gain of $169 million and a loss of $663 million, respectively, to adjust our investment in DraftKings, Inc. to fair value. The Company sold the DraftKings investment in fiscal 2023.
[2] Total may not equal the sum of the column due to rounding.