Segment Information (Tables)

6 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Reconciliation from Income Before Income Tax (Expense) Benefit to Total Segment OIBDA

The following table reconciles Income before income tax (expense) benefit to Total Segment OIBDA for the three and six months ended December 31, 2018 and 2017:

	For the three months ended December 31,				For the six months ended December 31,
	2018		2017		2018		2017
	(in millions)
Income before income tax (expense) benefit	$	31	$	312	$	862	$	923
Add
Amortization of cable distribution investments		9		20		19		32
Depreciation and amortization		51		42		94		83
Interest expense		15		6		31		13
Other, net		339		93		200		95
Total Segment OIBDA	$	445	$	473	$	1,206	$	1,146

Reconciliation of Revenues and Segment OIBDA from Segments to Consolidated

The following tables set forth the Company’s Revenues and Segment OIBDA for the three and six months ended December 31, 2018 and 2017:

	For the three months ended December 31,						For the six months ended December 31,
	2018			2017			2018			2017
	(in millions)
Revenues
Cable Network Programming	$	1,434		$	1,315		$	2,699		$	2,453
Television		2,149			1,793			3,426			2,844
Other, Corporate and Eliminations		-			-			(1	)		(1	)
Total revenues	$	3,583		$	3,108		$	6,124		$	5,296
Segment OIBDA
Cable Network Programming	$	519		$	462		$	1,152		$	1,038
Television		(14	)		62			157			187
Other, Corporate and Eliminations		(60	)		(51	)		(103	)		(79	)
Total Segment OIBDA	$	445		$	473		$	1,206		$	1,146

Summary of Revenues by Segment by Component to Consolidated

Revenues by Component
	For the three months ended December 31,				For the six months ended December 31,
	2018		2017		2018		2017
	(in millions)
Revenues
Affiliate fee	$	1,345	$	1,174	$	2,682	$	2,329
Advertising		1,987		1,732		3,050		2,620
Other		251		202		392		347
Total revenues	$	3,583	$	3,108	$	6,124	$	5,296

Revenues by Segment by Component
	For the three months ended December 31,				For the six months ended December 31,
	2018		2017		2018			2017
	(in millions)
Cable Network Programming
Affiliate fee	$	938	$	848	$	1,877		$	1,678
Advertising and other		496		467		822			775
Total Cable Network Programming revenues		1,434		1,315		2,699			2,453
Television
Advertising		1,634		1,411		2,433			2,061
Affiliate fee and other		515		382		993			783
Total Television revenues		2,149		1,793		3,426			2,844
Other, Corporate and Eliminations		-		-		(1	)		(1	)
Total revenues	$	3,583	$	3,108	$	6,124		$	5,296

Reconciliation of Depreciation and Amortization from Segments to Consolidated

	For the three months ended December 31,				For the six months ended December 31,
	2018		2017		2018		2017
	(in millions)
Depreciation and amortization
Cable Network Programming	$	12	$	9	$	23	$	18
Television		26		28		52		55
Other, Corporate and Eliminations		13		5		19		10
Total depreciation and amortization	$	51	$	42	$	94	$	83

Reconciliation of Assets from Segments to Consolidated

	As of December 31, 2018		As of June 30, 2018
	(in millions)
Assets
Cable Network Programming	$	2,545	$	2,430
Television		7,591		6,805
Other, Corporate and Eliminations		3,041		3,611
Investments		289		275
Total assets	$	13,466	$	13,121