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Inventories, Net (Tables)
12 Months Ended
Jun. 30, 2021
Inventory Disclosure [Abstract]  
Schedule of Inventories, Net

The Company’s inventories were comprised of the following:

 

 

 

As of June 30,

 

 

 

2021

 

 

2020

 

 

 

(in millions)

 

Sports programming rights

 

$

573

 

 

$

674

 

Entertainment programming rights

 

 

355

 

 

 

384

 

Total inventories, net

 

 

928

 

 

 

1,058

 

Less: current portion of inventories, net

 

 

(729

)

 

 

(856

)

Total non-current inventories, net

 

$

199

 

 

$

202

 

 

Schedule of Estimated Amortization Expense

Based on the balance of programming rights as of June 30, 2021, the estimated amortization expense for each of the succeeding three fiscal years is as follows:

 

 

 

For the years ending June 30,

 

 

 

2022

 

 

2023

 

 

2024

 

 

 

(in millions)

 

Estimated amortization expense

 

$

822

 

 

$

64

 

 

$

24