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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Jun. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Changes in Carrying Values of Intangible Assets and Related Accumulated Amortization

The changes in the carrying values of the Company’s intangible assets and related accumulated amortization were as follows:

 

 

 

Intangible assets not subject to amortization

 

 

 

 

 

 

 

 

 

 

 

FCC licenses

 

 

Other

 

 

Total

 

 

Amortizable intangible assets, net(a)

 

 

Total intangible assets, net

 

 

 

(in millions)

 

Balance, June 30, 2018

 

$

2,167

 

 

$

642

 

 

$

2,809

 

 

$

57

 

 

$

2,866

 

Amortization

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(15

)

 

 

(15

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, June 30, 2019

 

$

2,167

 

 

$

642

 

 

$

2,809

 

 

$

42

 

 

$

2,851

 

 

(a)

Net of accumulated amortization of $129 million and $114 million as of June 30, 2019 and 2018, respectively. The average useful life of other intangible assets ranges from five to 20 years.

Schedule of Finite-Lived Intangible Assets, Estimated Amortization Expense

Based on the current balance of finite-lived intangible assets, the estimated amortization expense for each of the succeeding five fiscal years is as follows:

 

 

 

For the years ending June 30,

 

 

 

2020

 

 

2021

 

 

2022

 

 

2023

 

 

2024

 

 

 

(in millions)

 

Estimated amortization expense(a)

 

$

14

 

 

$

14

 

 

$

4

 

 

$

4

 

 

$

4

 

 

(a)

These amounts may vary as acquisitions and dispositions occur in the future.

Schedule of Carrying Value of Goodwill, by Segment

The changes in the carrying value of goodwill, by segment, are as follows:

 

 

 

Cable Network Programming

 

 

Television

 

 

Total Goodwill

 

 

 

(in millions)

 

Balance, June 30, 2018

 

$

919

 

 

$

1,828

 

 

$

2,747

 

Other

 

 

68

 

 

 

(124

)

 

 

(56

)

Balance, June 30, 2019

 

$

987

 

 

$

1,704

 

 

$

2,691