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Additional Financial Information
 3 Months Ended
Sep. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Additional Financial Information ADDITIONAL FINANCIAL INFORMATION
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,
20212020
(in millions)
Net gains on investments in equity securities(a)
$63 $121 
Transaction costs(b)
(12)451 
Other18 (53)
Total other, net$69 $519 
(a)
Net gains on investments in equity securities for the three months ended September 30, 2021 and for three months ended September 30, 2020 included the gain related to the change in fair value of the Company’s investment in Flutter (See Note 4—Fair Value).
(b)
The transaction costs for the three months ended September 30, 2020 are primarily related to the substantially resolved settlement from Disney of $462 million related to the reimbursement of the Company’s prepayment of its share of the Divestiture Tax (as defined in Note 1—Description of Business and Basis of Presentation in the 2021 Form 10-K).
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,
2021
As of
June 30,
2021
 (in millions)
Investments(a)
$998 $899 
Operating lease ROU assets484 469 
Inventories, net337 199 
Grantor Trust298 304 
Other173 187 
Total other non-current assets$2,290 $2,058 
(a)
Included investments accounted for at fair value on a recurring basis of $857 million and $788 million as of September 30, 2021 and June 30, 2021, respectively (See Note 4—Fair Value).
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,
2021
As of
June 30,
2021
(in millions)
Accrued expenses$842 $1,077 
Program rights payable686 659 
Deferred revenue212 196 
Operating lease liabilities95 92 
Other current liabilities284 229 
Total accounts payable, accrued expenses and other current liabilities$2,119 $2,253 
Other Liabilities
The following table sets forth the components of Other liabilities included in the Balance Sheets:
As of
September 30,
2021
As of
June 30,
2021
(in millions)
Accrued non-current pension/postretirement liabilities$574 $586 
Non-current operating lease liabilities423 409 
Other non-current liabilities360 341 
Total other liabilities$1,357 $1,336 
Supplemental Information
For the three months ended
September 30,
 20212020
 (in millions)
Supplemental cash flows information
Cash paid for interest$(168)$(169)
Cash paid for income taxes$(66)$(86)
 
Supplemental information on acquisitions
Fair value of assets acquired, excluding cash$120 $— 
Cash acquired— — 
Liabilities assumed— — 
Noncontrolling interests(45)— 
Cash paid(75)— 
Fair value of equity instruments consideration$— $—