CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 27, 2025	Sep. 28, 2024
Current assets
Cash and cash equivalents	$ 5,695	$ 6,002
Receivables, net	13,217	12,729
Inventories	2,134	2,022
Content advances	2,063	2,097
Other current assets	1,158	2,391
Total current assets	24,267	25,241
Produced and licensed content costs	31,327	32,312
Investments	8,097	4,459
Attractions, buildings and equipment	82,041	76,674
Accumulated depreciation	(48,889)	(45,506)
Parks, resorts and other property, before projects in progress and land, Total	33,152	31,168
Projects in progress	6,911	4,728
Land	1,192	1,145
Parks, resorts and other property	41,255	37,041
Intangible assets, net	9,272	10,739
Goodwill	73,294	73,326
Other assets	10,002	13,101
Total assets	197,514	196,219
Current liabilities
Accounts payable and other accrued liabilities	21,203	21,070
Current portion of borrowings	6,711	6,845
Deferred revenue and other	6,248	6,684
Total current liabilities	34,162	34,599
Borrowings	35,315	38,970
Deferred income taxes	3,524	6,277
Other long-term liabilities	9,901	10,851
Commitments and contingencies
Equity
Preferred stock	0	0
Common stock, $0.01 par value, Authorized – 4.6 billion shares, Issued – 1.9 billion shares	59,814	58,592
Retained earnings	60,410	49,722
Accumulated other comprehensive loss	(2,914)	(3,699)
Treasury stock, at cost, 79 million shares at September 27, 2025 and 47 million shares at September 28, 2024	(7,441)	(3,919)
Total Disney Shareholders’ equity	109,869	100,696
Noncontrolling interests	4,743	4,826
Total equity	114,612	105,522
Total liabilities and equity	$ 197,514	$ 196,219