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Inventories, Net
6 Months Ended
Dec. 31, 2024
Inventory Disclosure [Abstract]  
Inventories, Net INVENTORIES, NET
The Company’s inventories were comprised of the following:
As of
December 31,
2024
As of
June 30,
2024
(in millions)
Licensed programming, including prepaid sports rights$1,448 $841 
Owned programming617 497 
Total inventories, net2,065 1,338 
Less: current portion of inventories, net(1,171)(626)
Total non-current inventories, net$894 $712 
Owned programming
Released$269 $238 
In-process or other348 259 
Total$617 $497 
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 December 31,
For the six months ended December 31,
2024202320242023
(in millions)
Total amortization expense$2,758 $2,467 $3,888 $3,462