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Inventories, Net
 9 Months Ended
Mar. 31, 2022
Inventory Disclosure [Abstract]  
Inventories, Net INVENTORIES, NET
The Company’s inventories were comprised of the following:
As of
March 31,
2022
As of
June 30,
2021
(in millions)
Sports programming rights$567 $573 
Entertainment programming rights706 355 
Total inventories, net1,273 928 
Less: current portion of inventories, net(786)(729)
Total non-current inventories, net$487 $199 
The aggregate amortization expense related to the programming rights was approximately $1.2 billion and $1.0 billion for the three months ended March 31, 2022 and 2021, respectively, and approximately $4.6 billion and $4.0 billion for the nine months ended March 31, 2022 and 2021, respectively, which is included in Operating expenses in the Statements of Operations.
The Company evaluates the recoverability of unamortized programming and production costs, included within Inventories, net in the Balance Sheets, using expected future cash flows. As a result of COVID-19 related costs and production delays, the Company determined that its unamortized production costs related to a television series were not recoverable and therefore recognized a write-down of approximately $30 million at the Television segment, which was recorded in Operating expenses in the Statements of Operations for the three and nine months ended March 31, 2022.