Goodwill and Intangible Assets, Net

9 Months Ended

Mar. 31, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets, Net

NOTE 5. GOODWILL AND INTANGIBLE ASSETS, NET

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, 2019	$	2,167		$	642	$	2,809		$	42		$	2,851
Acquisitions(b)		113			-		113			171			284
Disposals(b)		(30	)		-		(30	)		-			(30	)
Amortization		-			-		-			(21	)		(21	)
Balance, March 31, 2020	$	2,250		$	642	$	2,892		$	192		$	3,084

^{(a) Net of accumulated amortization of $150 million and $129 million as of March 31, 2020 and June 30, 2019, respectively. The average useful life of amortizable intangible assets ranges from five to 20 years.}

^(b) See Note 2—Acquisitions, Disposals and Other Transactions under the heading “Acquisitions and Disposals.”

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

	Cable Network Programming		Television			Other, Corporate and Eliminations		Total Goodwill
	(in millions)
Balance, June 30, 2019	$	987	$	1,704		$	-	$	2,691
Acquisitions(a)		45		142			222		409
Disposals(a)		-		(11	)		-		(11	)
Balance, March 31, 2020	$	1,032	$	1,835		$	222	$	3,089

^(a) See Note 2—Acquisitions, Disposals and Other Transactions under the heading “Acquisitions and Disposals.”