Segment Information (Tables)

3 Months Ended

Dec. 28, 2024

Financial Information by Operating Segments

Segment revenues and segment operating income are as follows:

	Quarter Ended
	December 28, 2024		December 30, 2023
Revenues:
Entertainment
Third parties	$	10,761	$	9,881
Intersegment	111		100
	10,872		9,981
Sports
Third parties	4,514		4,536
Intersegment	336		299
	4,850		4,835
Experiences	9,415		9,132
Eliminations	(447)		(399)
Total segment revenues	$	24,690	$	23,549
Segment operating income (loss):
Entertainment	$	1,703	$	874
Sports	247		(103)
Experiences	3,110		3,105
Total segment operating income	$	5,060	$	3,876

Equity In Income of Investees By Segment

Equity in the income of investees is included in segment operating income as follows:

	Quarter Ended
	December 28, 2024		December 30, 2023
Entertainment	$	118	$	171
Sports	10		13
Equity in the income of investees included in segment operating income	128		184
Equity in the loss of India joint venture	(33)		—
Amortization of TFCF intangible assets related to an equity investee	(3)		(3)
Equity in the income of investees, net	$	92	$	181

Reconciliation of Segment Operating Income to Income before Income Taxes

A reconciliation of segment operating income to income before income taxes is as follows:

	Quarter Ended
	December 28, 2024		December 30, 2023
Segment operating income	$	5,060	$	3,876
Corporate and unallocated shared expenses	(460)		(308)
Equity in the loss of India joint venture	(33)		—
Restructuring and impairment charges(1)	(143)		—
Interest expense, net	(367)		(246)
TFCF and Hulu Acquisition Amortization(2)	(397)		(451)
Income (loss) before income taxes	$	3,660	$	2,871

(1)See Note 4 for a discussion of amounts in restructuring and impairment charges.

(2)TFCF and Hulu Acquisition Amortization is as follows:

	Quarter Ended
	December 28, 2024		December 30, 2023
Amortization of intangible assets	$	327	$	380
Step-up of film and television costs	67		68
Intangibles related to a TFCF equity investee	3		3
	$	397	$	451

Components of TFCF and Hulu Acquisition Amortization

TFCF and Hulu Acquisition Amortization is as follows:

	Quarter Ended
	December 28, 2024		December 30, 2023
Amortization of intangible assets	$	327	$	380
Step-up of film and television costs	67		68
Intangibles related to a TFCF equity investee	3		3
	$	397	$	451

Schedule of Goodwill

The changes in the carrying amount of goodwill are as follows:

	Entertainment		Sports		Experiences		Total
Balance at September 28, 2024	$	51,290	$	16,486	$	5,550	$	73,326
Currency translation adjustments and other, net	(14)		—		—		(14)
Balance at December 28, 2024	$	51,276	$	16,486	$	5,550	$	73,312