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Inventories, Net
3 Months Ended
Sep. 30, 2022
Inventory Disclosure [Abstract]  
Inventories, Net INVENTORIES, NET
The Company’s inventories were comprised of the following:
As of
September 30,
2022
As of
June 30,
2022
(in millions)
Licensed programming, including prepaid sports rights$1,248 $975 
Owned programming418 337 
Total inventories, net1,666 1,312 
Less: current portion of inventories, net(1,020)(791)
Total non-current inventories, net$646 $521 
Owned programming
Released$236 $205 
In-process and other182 132 
Total$418 $337 
The following table presents the aggregate amortization expense related to inventories, net included in Operating expenses in the Statements of Operations:
For the three months ended September 30,
20222021
(in millions)
Amortization expense$854 $801