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Inventories, Net
6 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Inventories, Net INVENTORIES, NET
The Company’s inventories were comprised of the following:
As of
December 31,
2021
As of
June 30,
2021
(in millions)
Sports programming rights$916 $573 
Entertainment programming rights694 355 
Total inventories, net1,610 928 
Less: current portion of inventories, net(1,148)(729)
Total non-current inventories, net$462 $199 
The aggregate amortization expense related to the programming rights was approximately $2.6 billion and $2.8 billion for the three months ended December 31, 2021 and 2020, respectively, and approximately $3.4 billion and $3.5 billion for the six months ended December 31, 2021 and 2020, respectively, which is included in Operating expenses in the Statements of Operations.