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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Carrying Value of Goodwill, by Segment
The changes in the carrying value of goodwill, by reportable segment and Corporate and Other, were as follows:
Cable Network Programming Television
Corporate
and Other
Total Goodwill
(in millions)
Balance, June 30, 2024
$1,044 $2,246 $254 $3,544 
Acquisitions(a)
89 — 90 
Other
— — 
Balance, June 30, 2025
$1,045 $2,340 $254 $3,639 
Acquisitions(a)
— 10 — 10 
Other
— (2)— (2)
Balance, June 30, 2026
$1,045 $2,348 $254 $3,647 
(a)
See Note 3—Acquisitions, Disposals and Other Transactions.
Schedule of Changes in Carrying Values of Intangible Assets and Related Accumulated Amortization
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
OtherTotal
(in millions)
Balance, June 30, 2024
$2,250 $642 $2,892 $146 $3,038 
Acquisitions(b)
— — — 33 33 
Amortization and other(c)
(66)(2)(68)(34)(102)
Balance, June 30, 2025
$2,184 $640 $2,824 $145 $2,969 
Acquisitions(b)
— — — 
Amortization and other(c)
(64)— (64)(37)(101)
Balance, June 30, 2026
$2,120 $640 $2,760 $110 $2,870 
(a)
Net of accumulated amortization of $477 million and $441 million as of June 30, 2026 and 2025, respectively.
(b)
See Note 3—Acquisitions, Disposals and Other Transactions.
(c)
Primarily related to an impairment charge for FCC licenses for fiscal 2026 and 2025 (See Note 2—Summary of Significant Accounting Policies under the heading “Goodwill and Other Intangible Assets”).
Schedule of Finite-Lived Intangible Assets, Estimated Amortization Expense
Based on the balance of finite-lived intangible assets as of June 30, 2026, the estimated amortization expense for each of the succeeding five fiscal years is as follows:
For the years ending June 30,
20272028202920302031
(in millions)
Estimated amortization expense(a)
$36 $30 $23 $14 $
(a)
These amounts may vary as acquisitions and dispositions occur in the future.