Restructuring, Impairment and Other Corporate Matters (Tables)

12 Months Ended

Jun. 30, 2026

Restructuring and Related Activities [Abstract]

Schedule of Components of Restructuring, Impairment and Other Corporate Matters

The following table sets forth the components of Restructuring, impairment and other corporate matters included in the Statements of Operations:

	For the years ended June 30,
	2026		2025		2024
	(in millions)
Restructuring charges(a)	$	(64)	$	(35)	$	(13)
Impairment charges(b)	(64)		(68)		—
Other corporate matters
Legal settlement costs(c)	(12)		(126)		(24)
U.K. Newspaper Matters Indemnity(d)	2		(30)		(20)
Other(c)	(13)		(91)		(10)
Total restructuring, impairment and other corporate matters	$	(151)	$	(350)	$	(67)

(a)	Primarily related to the strategic realignment of facilities to gain efficiencies, which includes the impairment of operating lease assets, and severance costs at the Cable Network Programming and Television reportable segments and Corporate and Other for fiscal 2026, the discontinuation of Venu Sports for fiscal 2025 at Corporate and Other, and, for fiscal 2024, severance costs at the Cable Network Programming and Television reportable segments and Corporate and Other.
(b)	See Note 8—Goodwill and Intangible Assets, Net.
(c)	Primarily related to the discontinuation of Venu Sports for fiscal 2025 (See Note 14—Commitments and Contingencies under the heading "Venu Sports").
(d)	See Note 14—Commitments and Contingencies under the heading "U.K. Newspaper Matters Indemnity."

Schedule of Changes in Restructuring Program Liabilities

Changes in the restructuring program liabilities, which are included in Accounts payable, accrued expenses and other current liabilities in the Balance Sheets, were as follows:

	One time termination benefits		Contract termination costs		Total
	(in millions)
Balance, June 30, 2023	$	(67)	$	(17)	$	(84)
Additions and other	(19)		6		(13)
Payments	69		11		80
Balance, June 30, 2024	$	(17)	$	—	$	(17)
Additions(a)	(35)		—		(35)
Payments(a)	37		—		37
Balance, June 30, 2025	$	(15)	$	—	$	(15)
Additions	(38)		(2)		(40)
Payments	31		—		31
Balance, June 30, 2026	$	(22)	$	(2)	$	(24)

(a) Excludes amounts collected from Disney and Warner Bros. Discovery Inc. (“WBD”) related to the discontinuation of Venu Sports.