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Goodwill and Intangible Assets, Net
12 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net GOODWILL AND INTANGIBLE ASSETS, NET
The changes in the carrying values of the Company’s intangible assets and related accumulated amortization were as follows:
 Intangible assets not subject to amortization
Amortizable
intangible
assets, net(a)
 
Total
intangible
assets, net
 
FCC
licenses
 Other Total  
 (in millions)
Balance, June 30, 2022
$2,250 $642 $2,892 $265 $3,157 
Amortization and other— — — (73)(73)
Balance, June 30, 2023
$2,250 $642 $2,892 $192 $3,084 
Amortization and other— — — (46)(46)
Balance, June 30, 2024
$2,250 $642 $2,892 $146 $3,038 
(a)
Net of accumulated amortization of $405 million and $366 million as of June 30, 2024 and 2023, respectively.
Amortization expense related to finite-lived intangible assets was $45 million, $74 million and $66 million for fiscal 2024, 2023 and 2022, respectively.
Based on the balance of finite-lived intangible assets as of June 30, 2024, the estimated amortization expense for each of the succeeding five fiscal years is as follows:
 
For the years ending June 30,
 20252026202720282029
 (in millions)
Estimated amortization expense(a)
$33 $32 $29 $23 $17 
(a)
These amounts may vary as acquisitions and dispositions occur in the future.
The changes in the carrying value of goodwill, by reportable segment and Corporate and Other, are as follows:
 Cable Network Programming Television
Corporate
and Other
Total Goodwill
 (in millions)
Balance, June 30, 2022
$1,059 $2,241 $254 $3,554 
Acquisitions and other
— — 
Balance, June 30, 2023
$1,059 $2,246 $254 $3,559 
Other
(15)— — (15)
Balance, June 30, 2024
$1,044 $2,246 $254 $3,544 
The carrying amount of Television segment goodwill was net of accumulated impairments of $371 million as of June 30, 2024 and 2023.