Additional Financial Information (Tables)

3 Months Ended

Sep. 30, 2019

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Components of Other, net

The following table sets forth the components of Other, net included in the Statements of Operations:

	For the three months ended September 30,
	2019			2018
	(in millions)
Transaction costs(a)	$	(45	)	$	(40	)
Unrealized gains on investments(b)		43			183
Other		(13	)		(4	)
Total other, net	$	(15	)	$	139

^(a) The transaction costs for the three months ended September 30, 2019 and 2018 are primarily related to the Separation and the Distribution and include retention related costs and for the three months ended September 30, 2019 also includes costs associated with the profits participants litigation (See Note 9—Commitments and Contingencies under the heading “Profits Participants Litigation”).

^(b) Represents the net unrealized gains related to changes in fair value of the Company’s investments in Roku and The Stars Group which are recognized in the Statements of Operations in accordance with ASC 321 (See Note 4—Fair Value).

Components of Other Non-current Assets

The following table sets forth the components of Other non-current assets included in the Balance Sheets:

	As of September 30, 2019		As of June 30, 2019
	(in millions)
Investments(a)	$	905	$	865
Operating lease ROU assets		560		-
Inventories, net		208		205
Other(b)		458		455
Total other non-current assets	$	2,131	$	1,525

^(a) Includes investments accounted for at fair value on a recurring basis of $804 million and $761 million as of September 30, 2019 and June 30, 2019, respectively (See Note 4—Fair Value).

^(b) Includes $247 million and $249 million of assets in the Grantor Trust (as defined in Note 14—Pension and Other Postretirement Benefits in the 2019 Form 10-K) as of September 30, 2019 and June 30, 2019, respectively.

Components of Accounts Payable, Accrued Expenses and Other Current Liabilities

The following table sets forth the components of Accounts payable, accrued expenses and other current liabilities included in the Balance Sheets:

	As of September 30, 2019		As of June 30, 2019
	(in millions)
Accrued expenses	$	911	$	835
Program rights payable		476		514
Deferred revenue		217		169
Operating lease liabilities		145		-
Other current liabilities		141		194
Total accounts payable, accrued expenses and other current liabilities	$	1,890	$	1,712

Components of Other Liabilities

The following table sets forth the components of Other liabilities included in the Balance Sheets:

	As of September 30, 2019		As of June 30, 2019
	(in millions)
Accrued non-current pension/postretirement liabilities	$	548	$	543
Non-current operating lease liabilities		460		-
Other non-current liabilities		347		356
Total other liabilities	$	1,355	$	899

Supplemental Cash Flows Information

Supplemental Cash Flows Information

	For the three months ended September 30,
	2019			2018
	(in millions)
Supplemental cash flows information
Cash paid for interest	$	(171	)	$	(7	)

Schedule of Dividends Declared

The following table summarizes the dividends declared per share on both the Company’s Class A Common Stock and Class B Common Stock:

	For the three months ended September 30,
	2019		2018
Cash dividend per share	$	0.23	$	-