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Worksheetinfinancialmanagementcopy.xlsxAudit Information
| Audit Information | 12 Months Ended |
| Sep. 30, 2023 | |
| Audit Information [Abstract] | |
| Auditor Name | PricewaterhouseCoopers LLP |
| Auditor Firm ID | 238 |
| Auditor Location | Los Angeles, California |
Cover
| Cover - USD ($) $ in Billions | 12 Months Ended | ||
| Sep. 30, 2023 | Nov. 15, 2023 | Apr. 01, 2023 | |
| Cover [Abstract] | |||
| Document Type | 10-K | ||
| Document Annual Report | true | ||
| Document Period End Date | Sep. 30, 2023 | ||
| Current Fiscal Year End Date | --09-30 | ||
| Document Transition Report | false | ||
| Entity File Number | 001-38842 | ||
| Entity Registrant Name | WALT DISNEY CO/ | ||
| Entity Incorporation, State or Country Code | DE | ||
| Entity Tax Identification Number | 83-0940635 | ||
| Entity Address, Address Line One | 500 South Buena Vista Street | ||
| Entity Address, City or Town | Burbank | ||
| Entity Address, State or Province | CA | ||
| Entity Address, Postal Zip Code | 91521 | ||
| City Area Code | 818 | ||
| Local Phone Number | 560-1000 | ||
| Title of 12(b) Security | Common Stock, $0.01 par value | ||
| Trading Symbol | DIS | ||
| Security Exchange Name | NYSE | ||
| Entity Well-known Seasoned Issuer | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Current Reporting Status | Yes | ||
| Entity Interactive Data Current | Yes | ||
| Entity Filer Category | Large Accelerated Filer | ||
| Entity Small Business | false | ||
| Entity Emerging Growth Company | false | ||
| ICFR Auditor Attestation Flag | true | ||
| Document Financial Statement Error Correction | false | ||
| Entity Shell Company | false | ||
| Entity Public Float | $ 182.9 | ||
| Entity Common Stock, Shares Outstanding | 1,830,315,921 | ||
| Amendment Flag | false | ||
| Document Fiscal Year Focus | 2023 | ||
| Document Fiscal Period Focus | FY | ||
| Entity Central Index Key | 0001744489 | ||
| Documents Incorporated by Reference | Certain information required for Part III of this report is incorporated herein by reference to the proxy statement for the 2024 annual meeting of the Company’s shareholders. |
CONSOLIDATED STATEMENTS OF INCO
| CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Revenues | $ 88,898 | $ 82,722 | $ 67,418 | |
| Selling, general, administrative and other | (15,336) | (16,388) | (13,517) | |
| Depreciation and amortization | (5,369) | (5,163) | (5,111) | |
| Total costs and expenses | (79,906) | (75,952) | (63,759) | |
| Restructuring and impairment charges | (3,892) | (237) | (654) | |
| Other income (expense), net | 96 | (667) | 201 | |
| Interest expense, net | (1,209) | (1,397) | (1,406) | |
| Equity in the income of investees | 782 | 816 | 761 | |
| Total income from continuing operations | 4,769 | 5,285 | 2,561 | |
| Income taxes on continuing operations | (1,379) | (1,732) | (25) | |
| Net income from continuing operations | 3,390 | 3,553 | 2,536 | |
| Loss from discontinued operations, net of income tax benefit of $0, $14 and $9, respectively | 0 | (48) | (29) | |
| Net income | 3,390 | 3,505 | 2,507 | |
| Net income from continuing operations attributable to noncontrolling and redeemable noncontrolling interests | (1,036) | (360) | (512) | |
| Net income attributable to The Walt Disney Company (Disney) | $ 2,354 | $ 3,145 | $ 1,995 | |
| Earnings per share attributable to Disney | ||||
| Continuing Operations, Per Diluted Share | $ 1.29 | $ 1.75 | $ 1.11 | |
| Discontinued Operation, Per Diluted Share | 0 | (0.03) | (0.02) | |
| Diluted | [1] | 1.29 | 1.72 | 1.09 |
| Continuing Operations, Per Basic Share | 1.29 | 1.75 | 1.11 | |
| Discontinued Operation, Per Basic Share | 0 | (0.03) | (0.02) | |
| Basic | [1] | $ 1.29 | $ 1.73 | $ 1.10 |
| Weighted average number of common and common equivalent shares outstanding: | ||||
| Diluted (shares) | 1,830 | 1,827 | 1,828 | |
| Basic (shares) | 1,828 | 1,822 | 1,816 | |
| Service | ||||
| Revenues | $ 79,562 | $ 74,200 | $ 61,768 | |
| Cost of Goods and Services Sold | (53,139) | (48,962) | (41,129) | |
| Product | ||||
| Revenues | 9,336 | 8,522 | 5,650 | |
| Cost of Goods and Services Sold | $ (6,062) | $ (5,439) | $ (4,002) | |
| [1]Total may not equal the sum of the column due to rounding. |
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CONSOLIDATED BALANCE SHEETS
| CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | |
| Current assets | |||
| Cash and cash equivalents | $ 14,182 | $ 11,615 | |
| Receivables, net | 12,330 | 12,652 | |
| Inventories | 1,963 | 1,742 | |
| Content advances | 3,002 | 1,890 | |
| Other current assets | 1,286 | 1,199 | |
| Total current assets | 32,763 | 29,098 | |
| Produced and licensed content costs | 33,591 | 35,777 | |
| Investments | 3,080 | 3,218 | |
| Attractions, buildings and equipment | 70,090 | 66,998 | |
| Accumulated depreciation | (42,610) | (39,356) | |
| Parks, resorts and other property, before projects in progress and land, Total | 27,480 | 27,642 | |
| Projects in progress | 6,285 | 4,814 | |
| Land | 1,176 | 1,140 | |
| Parks, resorts and other property | 34,941 | 33,596 | |
| Intangible assets, net | 13,061 | 14,837 | |
| Goodwill | 77,067 | 77,897 | |
| Other assets | 11,076 | 9,208 | |
| Total assets | [1] | 205,579 | 203,631 |
| Current liabilities | |||
| Accounts payable and other accrued liabilities | 20,671 | 20,213 | |
| Current portion of borrowings | 4,330 | 3,070 | |
| Deferred revenue and other | 6,138 | 5,790 | |
| Total current liabilities | 31,139 | 29,073 | |
| Borrowings | 42,101 | 45,299 | |
| Deferred income taxes | 7,258 | 8,363 | |
| Other long-term liabilities | 12,069 | 12,518 | |
| Commitments and contingencies | |||
| Redeemable noncontrolling interest | 9,055 | 9,499 | |
| Equity | |||
| Preferred stock | 0 | 0 | |
| Common stock, $0.01 par value, Authorized – 4.6 billion shares, Issued – 1.8 billion shares | 57,383 | 56,398 | |
| Retained earnings | 46,093 | 43,636 | |
| Accumulated other comprehensive loss | (3,292) | (4,119) | |
| Treasury stock, at cost, 19 million shares | (907) | (907) | |
| Total Disney Shareholders’ equity | 99,277 | 95,008 | |
| Noncontrolling interests | 4,680 | 3,871 | |
| Total equity | 103,957 | 98,879 | |
| Total liabilities and equity | $ 205,579 | $ 203,631 | |
| [1]Equity method investments included in identifiable assets by segment are as follows: September 30, 2023 October 1, 2022 Entertainment $ 2,433 $ 2,449 Sports 213 184 Experiences — 2 Corporate 42 43 $ 2,688 $ 2,678 (2) Intangible assets, which include character/franchise intangibles, copyrights, trademarks, MVPD agreements and FCC licenses (see Note 13), included in identifiable assets by segment are as follows: September 30, 2023 October 1, 2022 Entertainment $ 8,556 $ 9,829 Sports 1,767 2,152 Experiences 2,718 2,836 Corporate 20 20 $ 13,061 $ 14,837 |
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CONSOLIDATED STATEMENTS OF CASH
| CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Net income from continuing operations | $ 3,390 | $ 3,553 | $ 2,536 |
| OPERATING ACTIVITIES | |||
| Depreciation and amortization | 5,369 | 5,163 | 5,111 |
| Impairments of produced and licensed content costs and goodwill | 2,987 | 0 | 0 |
| Net (gain)/loss on investments | (166) | 714 | (332) |
| Deferred income taxes | (1,346) | 200 | (1,241) |
| Equity in the income of investees | (782) | (816) | (761) |
| Cash distributions received from equity investees | 720 | 779 | 754 |
| Net change in produced and licensed content costs and advances | (1,908) | (6,271) | (4,301) |
| Equity-based compensation | 1,143 | 977 | 600 |
| Pension and Postretirement Medical Amortization | 4 | 620 | 816 |
| Other, net | 278 | 595 | 190 |
| Changes in operating assets and liabilities | |||
| Receivables | 358 | 605 | (357) |
| Inventories | (183) | (420) | 252 |
| Other assets | (201) | (707) | 171 |
| Accounts payable and other liabilities | (1,142) | 964 | 2,410 |
| Income taxes | 1,345 | 46 | (282) |
| Cash provided by operations - continuing operations | 9,866 | 6,002 | 5,566 |
| INVESTING ACTIVITIES | |||
| Investments in parks, resorts and other property | (4,969) | (4,943) | (3,578) |
| Proceeds from sales of investments | 458 | 52 | 337 |
| Other, net | (130) | (117) | 70 |
| Cash used in investing activities - continuing operations | (4,641) | (5,008) | (3,171) |
| FINANCING ACTIVITIES | |||
| Commercial paper payments, net | (191) | (334) | (26) |
| Borrowings | 83 | 333 | 64 |
| Reduction of borrowings | (1,675) | (4,016) | (3,737) |
| Proceeds from exercise of stock options | 52 | 127 | 435 |
| Contributions from / sales of noncontrolling interests | 735 | 74 | 91 |
| Acquisition of redeemable noncontrolling interests | (900) | 0 | (350) |
| Other, net | (828) | (913) | (862) |
| Cash provided by (used in) financing activities - continuing operations | (2,724) | (4,729) | (4,385) |
| CASH FLOWS FROM DISCONTINUED OPERATIONS | |||
| Cash provided by operations - discontinued operations | 0 | 8 | 1 |
| Cash provided by investing activities - discontinued operations | 0 | 0 | 8 |
| Cash used in financing activities - discontinued operations | 0 | (12) | 0 |
| Cash (used in) provided by discontinued operations | 0 | (4) | 9 |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | 73 | (603) | 30 |
| Change in Cash, Cash Equivalents and Restricted Cash | 2,574 | (4,342) | (1,951) |
| Cash, cash equivalents and restricted cash, beginning of year | 11,661 | 16,003 | 17,954 |
| Cash, cash equivalents and restricted cash, end of year | 14,235 | 11,661 | 16,003 |
| Supplemental disclosure of cash flow information: | |||
| Interest paid | 2,110 | 1,685 | 1,892 |
| Income taxes paid | $ 1,193 | $ 1,097 | $ 1,638 |
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Investments
International Theme Parks
| International Theme Parks | 12 Months Ended |
| Sep. 30, 2023 | |
| Equity Method Investments and Joint Ventures [Abstract] | |
| International Theme Parks | International Theme Parks The Company has a 48% ownership interest in the operations of Hong Kong Disneyland Resort and a 43% ownership interest in the operations of Shanghai Disney Resort (together, the Asia Theme Parks), which are both VIEs consolidated in the Company’s financial statements. See Note 2 for the Company’s policy on consolidating VIEs. In addition, the Company has 100% ownership of Disneyland Paris. The Asia Theme Parks together with Disneyland Paris are collectively referred to as the International Theme Parks. The following table summarizes the carrying amounts of the Asia Theme Parks’ assets and liabilities included in the Company’s Consolidated Balance Sheet: September 30, 2023 October 1, 2022 Cash and cash equivalents $ 504 $ 280 Other current assets 159 137 Total current assets 663 417 Parks, resorts and other property 6,150 6,356 Other assets 234 161 Total assets $ 7,047 $ 6,934 Current liabilities $ 720 $ 468 Long-term borrowings 1,308 1,426 Other long-term liabilities 392 395 Total liabilities $ 2,420 $ 2,289 The following table summarizes the International Theme Parks’ revenues and costs and expenses included in the Company’s Consolidated Statements of Income for fiscal 2023: Revenues $ 5,095 Costs and expenses (4,265) Equity in the loss of investees (2) Asia Theme Parks’ royalty and management fees of $235 million for fiscal 2023 are eliminated in consolidation, but are considered in calculating earnings attributable to noncontrolling interests. International Theme Parks’ cash flows included in the Company’s fiscal 2023 Consolidated Statements of Cash Flows were $1,753 million provided by operating activities, $898 million used in investing activities and $114 million used in financing activities. Hong Kong Disneyland Resort The Government of the Hong Kong Special Administrative Region (HKSAR) and the Company have a 52% and a 48% equity interest in Hong Kong Disneyland Resort, respectively. The Company and HKSAR have provided loans to Hong Kong Disneyland Resort with outstanding balances of $163 million and $109 million, respectively. The interest rate on both loans is three month HIBOR plus 2%, and the scheduled maturity date is September 2025. The Company’s loan is eliminated in consolidation. The Company has provided Hong Kong Disneyland Resort with a revolving credit facility of HK $2.7 billion ($345 million), which bears interest at a rate of three month HIBOR plus 1.25% and matures in December 2028. The outstanding balance under the line of credit at September 30, 2023 was $80 million. The Company’s line of credit is eliminated in consolidation. Hong Kong Disneyland Resort is undergoing a multi-year expansion estimated to cost HK $10.9 billion ($1.4 billion). The Company and HKSAR have agreed to fund the expansion on an equal basis through equity contributions, which totaled $57 million and $148 million in fiscal 2023 and 2022, respectively. To date, the Company and HKSAR have funded a total of $773 million. HKSAR has the right to receive additional shares over time to the extent Hong Kong Disneyland Resort exceeds certain return on asset performance targets. The amount of additional shares HKSAR can receive is capped on an annual basis and could decrease the Company’s equity interest by up to 6 percentage points over a period no shorter than 10 years. Shanghai Disney Resort Shanghai Shendi (Group) Co., Ltd (Shendi) and the Company have 57% and 43% equity interests in Shanghai Disney Resort, respectively. A management company, in which the Company has a 70% interest and Shendi a 30% interest, operates Shanghai Disney Resort. The Company has provided Shanghai Disney Resort with loans totaling $967 million, bearing interest at rates up to 8% and maturing in 2036, with early repayment permitted. The Company has also provided Shanghai Disney Resort with a 1.9 billion yuan (approximately $0.3 billion) line of credit bearing interest at 8%. As of September 30, 2023, the total amount outstanding under the line of credit was 0.1 billion yuan (approximately $9 million). These balances are eliminated in consolidation. Shendi has provided Shanghai Disney Resort with loans totaling 8.7 billion yuan (approximately $1.2 billion), bearing interest at rates up to 8% and maturing in 2036, with early repayment permitted. Shendi has also provided Shanghai Disney Resort with a 2.6 billion yuan (approximately $0.4 billion) line of credit bearing interest at 8%. As of September 30, 2023, the total amount outstanding under the line of credit was 0.1 billion yuan (approximately $13 million). |
Produced and Acquired_Licensed
| Produced and Acquired/Licensed Content Costs and Advances | 12 Months Ended |
| Sep. 30, 2023 | |
| Other Industries [Abstract] | |
| Produced and Acquired/Licensed Content Costs and Advances Disclosure | Produced and Acquired/Licensed Content Costs and Advances Total capitalized produced and licensed content by predominant monetization strategy is as follows: As of September 30, 2023 As of October 1, 2022 Predominantly Monetized Individually Predominantly Total Predominantly Monetized Individually Predominantly Total Produced content Released, less amortization $ 4,968 $ 13,555 $ 18,523 $ 4,639 $ 12,688 $ 17,327 Completed, not released 70 1,786 1,856 214 2,019 2,233 In-process 3,331 6,120 9,451 5,041 6,793 11,834 In development or pre-production 279 133 412 372 254 626 $ 8,648 $ 21,594 30,242 $ 10,266 $ 21,754 32,020 Licensed content - Television Programming rights and advances 6,351 5,647 Total produced and licensed content $ 36,593 $ 37,667 Current portion $ 3,002 $ 1,890 Non-current portion $ 33,591 $ 35,777 Amortization of produced and licensed content is as follows: 2023 2022 2021 Produced content Predominantly monetized individually $ 3,999 $ 3,448 $ 2,947 Predominantly monetized as a group 7,862 6,776 5,228 11,861 10,224 8,175 Licensed programming rights and advances 13,405 13,432 12,784 Total produced and licensed content costs (1) $ 25,266 $ 23,656 $ 20,959 (1) Primarily included in “Costs of services” in the Consolidated Statements of Income. Fiscal 2023 amounts exclude impairment charges of $2.0 billion for produced content and $257 million for licensed programming rights recorded in “Restructuring and impairment charges” in the Consolidated Statements of Income (see Note 18). Total expected amortization by fiscal year of completed (released and not released) produced, licensed and acquired film and television library content on the balance sheet as of September 30, 2023 is as follows: Predominantly Monetized Individually Predominantly Total Produced content Released 2024 $ 1,069 $ 3,257 $ 4,326 2025 600 2,055 2,655 2026 506 1,632 2,138 Completed, not released 2024 36 794 830 Licensed content - Programming rights and advances 2024 $ 4,202 2025 785 2026 495 Approximately $2.4 billion of accrued participations and residual liabilities will be paid in fiscal 2024. At September 30, 2023, acquired film and television library content has remaining unamortized costs of $3.1 billion, which are generally being amortized straight-line over a weighted-average remaining period of approximately 15 years. Content Production Incentives Programming and production costs were reduced by $0.8 billion for fiscal 2023 related to the amortization of production tax incentives. We have production tax credit receivables of $1.6 billion as of September 30, 2023, which, based on the expected timing of collection, are reflected in “Receivables, net” or “Other Assets” in our Consolidated Balance Sheet. |
Borrowings
| Borrowings | 12 Months Ended |
| Sep. 30, 2023 | |
| Debt Disclosure [Abstract] | |
| Borrowings | Borrowings The Company’s borrowings, including the impact of interest rate and cross-currency swaps, are summarized as follows: September 30, 2023 Sep. 30, 2023 Oct. 1, 2022 Stated Interest Rate (1) Pay Floating Interest rate and Cross- Currency Swaps (2) Effective Interest Rate (3) Swap Commercial paper $ 1,476 $ 1,662 — $ — 5.62% U.S. dollar denominated notes (4) 43,504 45,091 4.03% 11,625 4.90% 2024-2031 Foreign currency denominated debt 1,872 1,844 2.92% 1,878 4.99% 2025-2027 Other (5) (1,729) (1,653) — 45,123 46,944 3.85% 13,503 4.92% Asia Theme Parks borrowings 1,308 1,425 1.86% — 5.90% Total borrowings 46,431 48,369 3.94% 13,503 4.95% Less current portion 4,330 3,070 2.35% — 5.12% Total long-term borrowings $ 42,101 $ 45,299 $ 13,503 (1) The stated interest rate represents the weighted-average coupon rate for each category of borrowings. For floating-rate borrowings, interest rates are the rates in effect at September 30, 2023; these rates are not necessarily an indication of future interest rates. (2) Amounts represent notional values of interest rate and cross-currency swaps outstanding as of September 30, 2023. (3) The effective interest rate includes the impact of existing and terminated interest rate and cross-currency swaps, purchase accounting adjustments and debt issuance premiums, discounts and costs. (4) Includes net debt issuance discounts, costs and purchase accounting adjustments totaling a net premium of $1.8 billion and $1.9 billion at September 30, 2023 and October 1, 2022, respectively. (5) Includes market value adjustments for debt with qualifying hedges, which reduces borrowings by $1.8 billion and $1.7 billion at September 30, 2023 and October 1, 2022, respectively. Commercial Paper At September 30, 2023, the Company’s bank facilities, which are with a syndicate of lenders and support our commercial paper borrowings, were as follows: Committed Capacity Unused Facility expiring March 2024 $ 5,250 $ — $ 5,250 Facility expiring March 2025 3,000 — 3,000 Facility expiring March 2027 4,000 — 4,000 Total $ 12,250 $ — $ 12,250 These facilities allow for borrowings at rates based on the Secured Overnight Financing Rate (SOFR), and at other variable rates for non-U.S. dollar denominated borrowings plus a fixed spread that varies with the Company’s debt ratings assigned by Moody’s Investors Service and Standard & Poor’s ranging from 0.655% to 1.225%. The bank facilities contain only one financial covenant, relating to interest coverage of three times earnings before interest, taxes, depreciation and amortization, including both intangible amortization and amortization of our film and television production and programming costs. On September 30, 2023, the Company met this covenant by a significant margin. The bank facilities specifically exclude certain entities, including the Asia Theme Parks, from any representations, covenants or events of default. The Company also has the ability to issue up to $500 million of letters of credit under the facility expiring in March 2027, which if utilized, reduces available borrowings under this facility. As of September 30, 2023, the Company has $1.7 billion of outstanding letters of credit, of which none were issued under this facility. Commercial paper activity is as follows: Commercial paper with original maturities less than three months, net (1) Commercial paper with original maturities greater than three months Total Balance at Oct. 2, 2021 $ — $ 1,992 $ 1,992 Additions 50 2,417 2,467 Payments — (2,801) (2,801) Other Activity — 4 4 Balance at Oct. 1, 2022 $ 50 $ 1,612 $ 1,662 Additions 238 3,603 3,841 Payments — (4,032) (4,032) Other Activity 1 4 5 Balance at Sep. 30, 2023 $ 289 $ 1,187 $ 1,476 (1) Borrowings and reductions of borrowings are reported net. U.S. Dollar Denominated Notes At September 30, 2023, the Company had $43.5 billion of fixed rate U.S. dollar denominated notes with maturities ranging from 1 to 73 years and stated interest rates that range from 1.75% to 9.50%. Foreign Currency Denominated Debt At September 30, 2023, the Company had fixed rate senior notes of Canadian $1.3 billion ($0.9 billion) and Canadian $1.3 billion ($1.0 billion) with maturities of October 2024 and March 2027, respectively, and stated interest rates of 2.76% and 3.057%, respectively. The Company has entered into pay-floating interest rate and cross currency swaps that effectively convert the borrowings to a variable-rate U.S. dollar denominated borrowings indexed to SOFR. Cruise Ship Credit Facilities The Company has credit facilities to finance a significant portion of the contract price of two new cruise ships, which are scheduled to be delivered in fiscal 2025 and fiscal 2026. Under the facilities, $1.1 billion became available beginning in August 2023 and $1.1 billion is available beginning in August 2024. Each tranche of financing may be utilized for a period of 18 months from the initial availability date. If utilized, the interest rates will be fixed at 3.80% and 3.74%, respectively, and the loan and interest will be payable semi-annually over a 12-year period from the borrowing date. Early repayment is permitted subject to cancellation fees. Asia Theme Parks Borrowings HKSAR provided Hong Kong Disneyland Resort with loans totaling HK $0.9 billion ($109 million). The interest rate is three month HIBOR plus 2% and the maturity date is September 2025. Shendi has provided Shanghai Disney Resort with loans totaling 8.7 billion yuan (approximately $1.2 billion) bearing interest at rates up to 8% and maturing in 2036, with early repayment permitted. Shendi has also provided Shanghai Disney Resort with a 2.6 billion yuan (approximately $0.4 billion) line of credit bearing interest at 8%. As of September 30, 2023 the total amount outstanding under the line of credit was 0.1 billion yuan (approximately $13 million). Maturities The following table provides total borrowings, excluding market value adjustments and debt issuance premiums, discounts and costs, by scheduled maturity date as of September 30, 2023. The table also provides the estimated interest payments on these borrowings as of September 30, 2023 although actual future payments will differ for floating-rate borrowings: Borrowings Fiscal Year: Before Asia Theme Parks Consolidation Asia Total Borrowings Interest Total Borrowings and Interest 2024 $ 4,369 $ 13 $ 4,382 $ 1,733 $ 6,115 2025 3,619 109 3,728 1,626 5,354 2026 4,578 — 4,578 1,616 6,194 2027 2,921 — 2,921 1,506 4,427 2028 1,599 — 1,599 1,502 3,101 Thereafter 28,018 1,186 29,204 16,935 46,139 $ 45,104 $ 1,308 $ 46,412 $ 24,918 $ 71,330 Interest The Company capitalizes interest on assets constructed for its parks and resorts and on certain film and television productions. In fiscal 2023, 2022 and 2021, total interest capitalized was $365 million, $261 million and $187 million, respectively. Interest expense (net of amounts capitalized), interest and investment income, and net periodic pension and postretirement benefit costs (other than service costs) (see Note 10) are reported net in the Consolidated Statements of Income and consist of the following: 2023 2022 2021 Interest expense $ (1,973) $ (1,549) $ (1,546) Interest and investment income 424 90 307 Net periodic pension and postretirement benefit costs (other than service costs) 340 62 (167) Interest expense, net $ (1,209) $ (1,397) $ (1,406) |
Income Taxes
| Income Taxes | 12 Months Ended |
| Sep. 30, 2023 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes Income (Loss) Before Income Taxes by Domestic and Foreign Subsidiaries Income Before Income Taxes 2023 2022 2021 Domestic subsidiaries (including U.S. exports) $ 3,086 $ 5,955 $ 5,241 Foreign subsidiaries 1,683 (670) (2,680) Total income from continuing operations 4,769 5,285 2,561 Loss from discontinued operations — (62) (38) $ 4,769 $ 5,223 $ 2,523 Provision for Income Taxes: Current and Deferred Income Tax Expense (Benefit) Current 2023 2022 2021 Federal $ 1,475 $ 436 $ 594 State 402 282 129 Foreign (1) 867 846 554 2,744 1,564 1,277 Deferred Federal (1,180) 407 (526) State 4 26 (220) Foreign (189) (265) (506) (1,365) 168 (1,252) Income tax expense on income from continuing operations 1,379 1,732 25 Income tax expense on loss from discontinued operations — (14) (9) $ 1,379 $ 1,718 $ 16 (1) Includes foreign withholding taxes. Deferred Tax Assets and Liabilities Components of Deferred Tax (Assets) and Liabilities September 30, 2023 October 1, 2022 Deferred tax assets Net operating losses and tax credit carryforwards (1) $ (3,841) $ (3,527) Accrued liabilities (1,335) (1,570) Lease liabilities (852) (748) Licensing revenues (115) (124) Other (623) (819) Total deferred tax assets (6,766) (6,788) Deferred tax liabilities Depreciable, amortizable and other property 7,581 8,575 Investment in U.S. entities 1,271 1,798 Right-of-use lease assets 751 676 Investment in foreign entities 482 543 Other 81 64 Total deferred tax liabilities 10,166 11,656 Net deferred tax liability before valuation allowance 3,400 4,868 Valuation allowance 3,187 2,859 Net deferred tax liability $ 6,587 $ 7,727 (1) Balances at September 30, 2023 and October 1, 2022 include approximately $1.6 billion and $1.5 billion, respectively, of International Theme Park net operating losses and approximately $1.0 billion at both September 30, 2023 and October 1, 2022 of foreign tax credits in the U.S. The International Theme Park net operating losses are primarily in France and, to a lesser extent, Hong Kong and China. Losses in France and Hong Kong have an indefinite carryforward period and losses in China have a five-year carryforward period. China theme park net operating losses of $0.2 billion, if not used, expire between fiscal 2024 and fiscal 2028. Foreign tax credits in the U.S. have a ten-year carryforward period. Foreign tax credits of $1.0 billion, if not used, expire beginning in fiscal 2028. The following table details the change in valuation allowance for fiscal 2023, 2022 and 2021 (in billions): Balance at Beginning of Period Charges to Tax Expense Other Changes Balance at End of Period Year ended September 30, 2023 $ 2.9 $ 0.2 $ 0.1 $ 3.2 Year ended October 1, 2022 2.8 0.4 (0.3) 2.9 Year ended October 2, 2021 2.4 0.4 — 2.8 Reconciliation of the effective income tax rate for continuing operations to the federal rate 2023 2022 2021 Federal income tax rate 21.0 % 21.0 % 21.0 % State taxes, net of federal benefit (1) 5.8 3.1 1.9 Tax rate differential on foreign income 0.1 4.3 12.0 Foreign derived intangible income (4.3) (3.4) (6.4) Tax impact of equity awards 2.1 — (5.3) Legislative changes — 1.7 (12.2) Income tax audits and reserves 1.3 2.7 (4.8) Goodwill impairment 3.5 — — Valuation allowance (1.8) 4.5 2.6 Other 1.2 (1.1) (7.8) 28.9 % 32.8 % 1.0 % (1) Fiscal 2023 includes an adjustment related to certain deferred state taxes Unrecognized tax benefits A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, excluding the related accrual for interest and penalties, is as follows: 2023 2022 2021 Balance at the beginning of the year $ 2,449 $ 2,641 $ 2,740 Increases for current year tax positions 98 48 51 Increases for prior year tax positions 273 103 556 Decreases in prior year tax positions (150) (108) (174) Settlements with taxing authorities (153) (235) (532) Balance at the end of the year $ 2,517 $ 2,449 $ 2,641 Balances at September 30, 2023, October 1, 2022 and October 2, 2021 include $1.8 billion, $1.9 billion and $2.0 billion, respectively, that if recognized, would reduce our income tax expense and effective tax rate. These amounts are net of the offsetting benefits from other tax jurisdictions. At September 30, 2023, October 1, 2022 and October 2, 2021 accrued interest and penalties related to unrecognized tax benefits were $1.0 billion in each period. During fiscal 2023, 2022 and 2021, the Company recorded additional interest and penalties of $210 million, $157 million and $191 million, respectively, and recorded reductions in accrued interest and penalties of $241 million, $119 million and $256 million, respectively. The Company’s policy is to report interest and penalties as a component of income tax expense. The Company is generally no longer subject to U.S. federal examination for years prior to 2018. The Company is no longer subject to examination in any of its major state or foreign tax jurisdictions for years prior to 2008. In the next twelve months, it is reasonably possible that our unrecognized tax benefits could change due to the resolution of open tax matters, which would reduce our unrecognized tax benefits by $0.3 billion. Other In fiscal 2023, the Company recognized income tax expense of $93 million for the shortfall between equity-based compensation deductions and amounts recorded based on the grant date fair value. In fiscal 2022 and 2021, the Company recognized income tax benefits of $2 million and $135 million, respectively, for the excess of equity-based compensation deductions over amounts recorded based on the grant date fair value. |
Pension and Other Benefit Progr
| Pension and Other Benefit Programs | 12 Months Ended |
| Sep. 30, 2023 | |
| Retirement Benefits [Abstract] | |
| Pension and Other Benefit Programs | Pension and Other Benefit Programs The Company maintains pension and postretirement medical benefit plans covering certain of its employees not covered by union or industry-wide plans. The Company has defined benefit pension plans that cover employees hired prior to January 1, 2012. For employees hired after this date, the Company has a defined contribution plan. Benefits under these pension plans are generally based on years of service and/or compensation and generally require 3 years of vesting service. Employees generally hired after January 1, 1987 for certain of our media businesses and other employees generally hired after January 1, 1994 are not eligible for postretirement medical benefits. In addition, the Company has a defined benefit plan for TFCF employees for which benefits stopped accruing in June 2017. Defined Benefit Plans The Company measures the actuarial value of its benefit obligations and plan assets for its defined benefit pension and postretirement medical benefit plans at September 30 and adjusts for any plan contributions or significant events between September 30 and our fiscal year end. The following chart summarizes the benefit obligations, assets, funded status and balance sheet impacts associated with the defined benefit pension and postretirement medical benefit plans: Pension Plans Postretirement Medical Plans September 30, October 1, September 30, October 1, Projected benefit obligations Beginning obligations $ (15,028) $ (20,955) $ (1,539) $ (2,121) Service cost (282) (400) (5) (9) Interest cost (784) (500) (81) (51) Actuarial gain (1) 757 6,159 59 595 Plan amendments and other (2) 14 39 539 (16) Benefits paid 633 629 66 63 Ending obligations $ (14,690) $ (15,028) $ (961) $ (1,539) Fair value of plans’ assets Beginning fair value $ 14,721 $ 18,076 $ 749 $ 889 Actual return on plan assets 1,324 (2,715) 71 (134) Contributions 73 96 29 61 Benefits paid (633) (629) (66) (63) Expenses and other (43) (107) (2) (4) Ending fair value $ 15,442 $ 14,721 $ 781 $ 749 Overfunded (Underfunded) status of the plans $ 752 $ (307) $ (180) $ (790) Amounts recognized in the balance sheet Non-current assets $ 1,971 $ 913 $ 209 $ — Current liabilities (72) (66) (2) (4) Non-current liabilities (1,147) (1,154) (387) (786) $ 752 $ (307) $ (180) $ (790) (1) The actuarial gain for fiscal 2022 was due to an increase in the discount rate used to determine the fiscal year-end benefit obligation from the rate that was used in the preceding fiscal year. (2) The decrease in fiscal 2023 was due to a change in postretirement medical benefit options. The components of net periodic benefit cost (benefit) are as follows: Pension Plans Postretirement Medical Plans 2023 2022 2021 2023 2022 2021 Service cost $ 282 $ 400 $ 434 $ 5 $ 9 $ 10 Other costs (benefits): Interest cost 784 500 457 81 51 47 Expected return on plan assets (1,149) (1,174) (1,100) (61) (59) (55) Amortization of prior-year service costs 8 7 11 — — — Recognized net actuarial loss/(gain) 19 585 777 (22) 28 30 Total other costs (benefit) (338) (82) 145 (2) 20 22 Net periodic benefit cost (benefit) $ (56) $ 318 $ 579 $ 3 $ 29 $ 32 In fiscal 2024, we expect pension and postretirement medical costs to be a net benefit of $155 million compared to a net benefit of $53 million in fiscal 2023. Key assumptions are as follows: Pension Plans Postretirement Medical Plans 2023 2022 2021 2023 2022 2021 Discount rate used to determine the fiscal year‑end benefit obligation 5.94 % 5.44 % 2.88 % 5.94 % 5.47 % 2.89 % Discount rate used to determine the interest cost component of net periodic benefit cost 5.37 % 2.45 % 2.28 % 5.38 % 2.47 % 2.28 % Rate of return on plan assets 7.00 % 7.00 % 7.00 % 7.00 % 7.00 % 7.00 % Weighted average rate of compensation increase to determine the fiscal year‑end benefit obligation 3.10 % 3.10 % 3.10 % n/a n/a n/a Year 1 increase in cost of benefits n/a n/a n/a 7.00 % 7.00 % 7.00 % Rate of increase to which the cost of benefits is assumed to decline (the ultimate trend rate) n/a n/a n/a 4.00 % 4.00 % 4.00 % Year that the rate reaches the ultimate trend rate n/a n/a n/a 2042 2041 2040 AOCI, before tax, as of September 30, 2023 consists of the following amounts that have not yet been recognized in net periodic benefit cost: Pension Plans Postretirement Total Prior service costs (benefits) $ 15 $ (556) $ (541) Net actuarial loss (gain) 2,929 (137) 2,792 Total amounts included in AOCI 2,944 (693) 2,251 Prepaid (accrued) pension cost (3,696) 873 (2,823) Net balance sheet liability (asset) $ (752) $ 180 $ (572) Plan Funded Status As of September 30, 2023, the projected benefit obligation and accumulated benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets were $1.2 billion and $1.1 billion, respectively, and the aggregate fair value of plan assets was not material. As of October 1, 2022, the projected benefit obligation and accumulated benefit obligation for pension plans with accumulated benefit obligations in excess of plan assets were $1.2 billion and $1.1 billion, respectively, and the aggregate fair value of plan assets was not material. As of September 30, 2023, the projected benefit obligation for pension plans with projected benefit obligations in excess of plan assets was $1.2 billion and the aggregate fair value of plan assets was not material. As of October 1, 2022, the projected benefit obligation for pension plans with projected benefit obligations in excess of plan assets was $1.2 billion and the aggregate fair value of plan assets was not material. The Company’s total accumulated pension benefit obligations at September 30, 2023 and October 1, 2022 were $13.8 billion and $14.1 billion, respectively. Approximately 98% was vested as of both September 30, 2023 and October 1, 2022. The accumulated postretirement medical benefit obligations and fair value of plan assets for postretirement medical plans with accumulated postretirement medical benefit obligations in excess of plan assets were $1.0 billion and $0.8 billion, respectively, at September 30, 2023 and $1.5 billion and $0.7 billion, respectively, at October 1, 2022. Plan Assets A significant portion of the assets of the Company’s defined benefit plans are managed in a third-party master trust. The investment policy and allocation of the assets in the master trust were approved by the Company’s Investment and Administrative Committee, which has oversight responsibility for the Company’s retirement plans. The investment policy ranges for the major asset classes are as follows: Asset Class Minimum Maximum Equity investments 30% 60% Fixed income investments 20% 40% Alternative investments 10% 30% Cash & money market funds —% 10% The primary investment objective for the assets within the master trust is the prudent and cost effective management of assets to satisfy benefit obligations to plan participants. Financial risks are managed through diversification of plan assets, selection of investment managers and through the investment guidelines incorporated in investment management agreements. Investments are monitored to assess whether returns are commensurate with risks taken. The long-term asset allocation policy for the master trust was established taking into consideration a variety of factors that include, but are not limited to, the average age of participants, the number of retirees, the duration of liabilities and the expected payout ratio. Liquidity needs of the master trust are generally managed using cash generated by investments or by liquidating securities. Assets are generally managed by external investment managers pursuant to investment management agreements that establish permitted securities and risk controls commensurate with the account’s investment strategy. Some agreements permit the use of derivative securities (futures, options, interest rate swaps, credit default swaps) that enable investment managers to enhance returns and manage exposures within their accounts. Fair Value Measurements of Plan Assets Fair value is defined as the amount that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants and is generally classified in one of the following categories of the fair value hierarchy: Level 1 – Quoted prices for identical instruments in active markets Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs and significant value drivers are observable in active markets Level 3 – Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable Investments that are valued using the net asset value (NAV) (or its equivalent) practical expedient are excluded from the fair value hierarchy disclosure. NAV per share is determined based on the fair value using the underlying assets divided by the number of units outstanding. The following is a description of the valuation methodologies used for assets reported at fair value. The methodologies used at September 30, 2023 and October 1, 2022 are the same. Level 1 investments are valued based on reported market prices on the last trading day of the fiscal year. Investments in common and preferred stocks and mutual funds are valued based on the securities’ exchange-listed price or a broker’s quote in an active market. Investments in U.S. Treasury securities are valued based on a broker’s quote in an active market. Level 2 investments in government and federal agency bonds and notes (excluding U.S. Treasury securities), corporate bonds, mortgage-backed securities (MBS) and asset-backed securities are valued using a broker’s quote in a non-active market or an evaluated price based on a compilation of reported market information, such as benchmark yield curves, credit spreads and estimated default rates. Derivative financial instruments are valued based on models that incorporate observable inputs for the underlying securities, such as interest rates or foreign currency exchange rates. The Company’s defined benefit plan assets are summarized by level in the following tables: As of September 30, 2023 Description Level 1 Level 2 Total Plan Asset Mix Cash $ 68 $ — $ 68 —% Common and preferred stocks (1) 3,517 — 3,517 22% Mutual funds 1,139 — 1,139 7% Government and federal agency bonds, notes and MBS 2,025 442 2,467 15% Corporate bonds — 750 750 4% Other mortgage- and asset-backed securities — 120 120 1% Derivatives and other, net — 12 12 —% Total investments in the fair value hierarchy $ 6,749 $ 1,324 8,073 Assets valued at NAV as a practical expedient: Common collective funds 3,517 22% Alternative investments 4,352 27% Money market funds and other 281 2% Total investments at fair value $ 16,223 100% As of October 1, 2022 Description Level 1 Level 2 Total Plan Asset Mix Cash $ 177 $ — $ 177 1% Common and preferred stocks (1) 3,118 — 3,118 20% Mutual funds 1,044 — 1,044 7% Government and federal agency bonds, notes and MBS 2,061 293 2,354 15% Corporate bonds — 751 751 5% Other mortgage- and asset-backed securities — 84 84 1% Derivatives and other, net 2 13 15 —% Total investments in the fair value hierarchy $ 6,402 $ 1,141 7,543 Assets valued at NAV as a practical expedient: Common collective funds 3,479 22% Alternative investments 4,208 27% Money market funds and other 240 2% Total investments at fair value $ 15,470 100% (1) Includes 2.9 million shares of Company common stock valued at $235 million (1% of total plan assets) and 2.9 million shares valued at $273 million (2% of total plan assets) at September 30, 2023 and October 1, 2022, respectively. Uncalled Capital Commitments Alternative investments held by the master trust include interests in funds that have rights to make capital calls to the investors. In such cases, the master trust would be contractually obligated to make a cash contribution at the time of the capital call. At September 30, 2023, the total committed capital still uncalled and unpaid was $1.3 billion. Plan Contributions During fiscal 2023, the Company made $102 million of contributions to its pension and postretirement medical plans. The Company currently does not expect to make material pension and postretirement medical plan contributions in fiscal 2024. Final minimum funding requirements for fiscal 2024 will be determined based on a January 1, 2024 funding actuarial valuation, which is expected to be received during the fourth quarter of fiscal 2024. Estimated Future Benefit Payments The following table presents estimated future benefit payments for the next ten fiscal years: Pension Postretirement Medical Plans (1) 2024 $ 768 $ 56 2025 776 55 2026 822 59 2027 866 62 2028 911 64 2029 – 2033 5,132 356 (1) Estimated future benefit payments are net of expected Medicare subsidy receipts of $39 million. Assumptions Assumptions, such as discount rates, long-term rate of return on plan assets and the healthcare cost trend rate, have a significant effect on the amounts reported for net periodic benefit cost as well as the related benefit obligations. Discount Rate — The assumed discount rate for pension and postretirement medical plans reflects the market rates for high-quality corporate bonds currently available. The Company’s discount rate was determined by considering yield curves constructed of a large population of high-quality corporate bonds and reflects the matching of the plans’ liability cash flows to the yield curves. The Company measures service and interest costs by applying the specific spot rates along that yield curve to the plans’ liability cash flows. Long-term rate of return on plan assets — The long-term rate of return on plan assets represents an estimate of long-term returns on an investment portfolio consisting of a mixture of equities, fixed income and alternative investments. When determining the long-term rate of return on plan assets, the Company considers long-term rates of return on the asset classes (both historical and forecasted) in which the Company expects the pension funds to be invested. The following long-term rates of return by asset class were considered in setting the long-term rate of return on plan assets assumption: Equity Securities 6 % to 10 % Debt Securities 3 % to 5 % Alternative Investments 6 % to 11 % Healthcare cost trend rate — The Company reviews external data and its own historical trends for healthcare costs to determine the healthcare cost trend rates for the postretirement medical benefit plans. The 2023 actuarial valuation assumed a 7.00% annual rate of increase in the per capita cost of covered healthcare claims with the rate decreasing in even increments over nineteen years until reaching 4.00%. Sensitivity — A one percentage point change in the discount rate and expected long-term rate of return on plan assets would have the following effects on the projected benefit obligations for pension and postretirement medical plans as of September 30, 2023 and on cost for fiscal 2024: Discount Rate Expected Long-Term Increase (decrease) Benefit Projected Benefit Obligations Benefit 1 percentage point decrease $ 201 $ 2,038 $ 170 1 percentage point increase (45) (1,798) (170) Multiemployer Benefit Plans The Company participates in a number of multiemployer pension plans under union and industry-wide collective bargaining agreements that cover our union-represented employees and expenses its contributions to these plans as incurred. These plans generally provide for retirement, death and/or termination benefits for eligible employees within the applicable collective bargaining units, based on specific eligibility/participation requirements, vesting periods and benefit formulas. The risks of participating in these multiemployer plans are different from single-employer plans. For example: • Assets contributed to the multiemployer plan by one employer may be used to provide benefits to employees of other participating employers. • If a participating employer stops contributing to the multiemployer plan, the unfunded obligations of the plan may become the obligation of the remaining participating employers. • If a participating employer chooses to stop participating in these multiemployer plans, the employer may be required to pay those plans an amount based on the underfunded status of the plan. The Company also participates in several multiemployer health and welfare plans that cover both active and retired employees. Health care benefits are provided to participants who meet certain eligibility requirements under the applicable collective bargaining unit. The following table sets forth our contributions to multiemployer pension and health and welfare benefit plans: 2023 2022 2021 Pension plans $ 316 $ 402 $ 289 Health & welfare plans 299 401 272 Total contributions $ 615 $ 803 $ 561 Defined Contribution Plans |
Equity
| Equity | 12 Months Ended |
| Sep. 30, 2023 | |
| Equity [Abstract] | |
| Equity | Equity The following table summarizes the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts: Market Value Unrecognized Foreign AOCI AOCI, before tax Balance at October 3, 2020 $ (191) $ (9,423) $ (1,088) $ (10,702) Unrealized gains (losses) arising during the period 70 1,582 41 1,693 Reclassifications of net (gains) losses to net income (31) 816 — 785 Balance at October 2, 2021 $ (152) $ (7,025) $ (1,047) $ (8,224) Unrealized gains (losses) arising during the period 1,098 2,635 (967) 2,766 Reclassifications of net (gains) losses to net income (142) 620 — 478 Balance at October 1, 2022 $ 804 $ (3,770) $ (2,014) $ (4,980) Unrealized gains (losses) arising during the period (101) 1,594 (2) 1,491 Reclassifications of net (gains) losses to net income (444) 4 42 (398) Balance at September 30, 2023 $ 259 $ (2,172) $ (1,974) $ (3,887) Market Value Unrecognized Foreign AOCI Tax on AOCI Balance at October 3, 2020 $ 40 $ 2,201 $ 139 $ 2,380 Unrealized gains (losses) arising during the period (8) (358) (50) (416) Reclassifications of net (gains) losses to net income 10 (190) — (180) Balance at October 2, 2021 $ 42 $ 1,653 $ 89 $ 1,784 Unrealized gains (losses) arising during the period (254) (608) 50 (812) Reclassifications of net (gains) losses to net income 33 (144) — (111) Balance at October 1, 2022 $ (179) $ 901 $ 139 $ 861 Unrealized gains (losses) arising during the period 12 (384) 17 (355) Reclassifications of net (gains) losses to net income 103 — (14) 89 Balance at September 30, 2023 $ (64) $ 517 $ 142 $ 595 Market Value Unrecognized Foreign AOCI AOCI, after tax Balance at October 3, 2020 $ (151) $ (7,222) $ (949) $ (8,322) Unrealized gains (losses) arising during the period 62 1,224 (9) 1,277 Reclassifications of net (gains) losses to net income (21) 626 — 605 Balance at October 2, 2021 $ (110) $ (5,372) $ (958) $ (6,440) Unrealized gains (losses) arising during the period 844 2,027 (917) 1,954 Reclassifications of net (gains) losses to net income (109) 476 — 367 Balance at October 1, 2022 $ 625 $ (2,869) $ (1,875) $ (4,119) Unrealized gains (losses) arising during the period (89) 1,210 15 1,136 Reclassifications of net (gains) losses to net income (341) 4 28 (309) Balance at September 30, 2023 $ 195 $ (1,655) $ (1,832) $ (3,292) Details about AOCI components reclassified to net income are as follows: Gains (losses) in net income: Affected line item in the Consolidated Statements of Operations: 2023 2022 2021 Market value adjustments, primarily cash flow hedges Primarily revenue $ 444 $ 142 $ 31 Estimated tax Income taxes (103) (33) (10) 341 109 21 Pension and postretirement medical expense Interest expense, net (4) (620) (816) Estimated tax Income taxes — 144 190 (4) (476) (626) Foreign currency translation and other Other income (expense), net (42) — — Estimated tax Income taxes 14 — — (28) — — Total reclassifications for the period $ 309 $ (367) $ (605) |
Equity-Based Compensation
| Equity-Based Compensation | 12 Months Ended |
| Sep. 30, 2023 | |
| Share-Based Payment Arrangement [Abstract] | |
| Equity-Based Compensation | Equity-Based Compensation Under various plans, the Company may grant stock options and other equity-based awards to executive, management, technology and creative personnel. The Company’s approach to long-term incentive compensation contemplates awards of stock options and restricted stock units (RSUs). Certain RSUs awarded to senior executives vest based upon the achievement of market or performance conditions (Performance RSUs). Stock options are generally granted with a 10 year term at exercise prices equal to or exceeding the market price at the date of grant and become exercisable ratably over a three-year period from the grant date (exercisable ratably over a four-year period from the grant date for awards granted prior to fiscal 2021). At the discretion of the Compensation Committee of the Company’s Board of Directors, options can occasionally extend up to 15 years after date of grant. RSUs generally vest ratably over three years (four years for grants awarded prior to fiscal 2021) and Performance RSUs generally fully vest after three years, subject to achieving market or performance conditions. Equity-based award grants generally provide continued vesting, in the event of termination, for employees that reach age 60 or greater, have at least ten years of service and have held the award for at least one year. Each share granted subject to a stock option award reduces the number of shares available under the Company’s stock incentive plans by one share while each share granted subject to a RSU award reduces the number of shares available by two shares. As of September 30, 2023, the maximum number of shares available for issuance under the Company’s stock incentive plans (assuming all the awards are in the form of stock options) was approximately 93 million shares and the number available for issuance assuming all awards are in the form of RSUs was approximately 44 million shares. The Company satisfies stock option exercises and vesting of RSUs with newly issued shares. Stock options and RSUs are generally forfeited by employees who terminate prior to vesting. Each year, generally during the first half of the year, the Company awards stock options and restricted stock units to a broad-based group of management, technology and creative personnel. The fair value of options is estimated based on the binomial valuation model. The binomial valuation model takes into account variables such as volatility, dividend yield and the risk-free interest rate. The binomial valuation model also considers the expected exercise multiple (the multiple of exercise price to grant price at which exercises are expected to occur on average) and the termination rate (the probability of a vested option being canceled due to the termination of the option holder) in computing the value of the option. The weighted average assumptions used in the option-valuation model were as follows: 2023 2022 2021 Risk-free interest rate 3.6% 1.6% 1.2% Expected volatility 31% 28% 30% Dividend yield —% —% 0.03% Termination rate 5.9% 5.8% 5.8% Exercise multiple 1.98 1.98 1.83 Although the initial fair value of stock options is not adjusted after the grant date, changes in the Company’s assumptions may change the value of, and therefore the expense related to, future stock option grants. The assumptions that cause the greatest variation in fair value in the binomial valuation model are the expected volatility and expected exercise multiple. Increases or decreases in either the expected volatility or expected exercise multiple will cause the binomial option value to increase or decrease, respectively. The volatility assumption considers both historical and implied volatility and may be impacted by the Company’s performance as well as changes in economic and market conditions. Compensation expense for RSUs and stock options is recognized ratably over the service period of the award. Compensation expense for RSUs is based on the market price of the shares underlying the awards on the grant date. Compensation expense for Performance RSUs reflects the estimated probability that the market or performance conditions will be met. Compensation expense related to stock options and RSUs is as follows: 2023 2022 2021 Stock option $ 76 $ 88 $ 95 RSUs 1,067 889 505 Total equity-based compensation expense (1) 1,143 977 600 Tax impact (260) (221) (136) Reduction in net income $ 883 $ 756 $ 464 Equity-based compensation expense capitalized during the period $ 145 $ 148 $ 112 (1) Equity-based compensation expense is net of capitalized equity-based compensation and estimated forfeitures and excludes amortization of previously capitalized equity-based compensation costs. The following table summarizes information about stock option transactions in fiscal 2023 (shares in millions): Shares Weighted Outstanding at beginning of year 18 $ 121.28 Awards granted 2 89.85 Awards exercised (1) 60.46 Awards expired/canceled (1) 111.62 Outstanding at end of year 18 $ 120.20 Exercisable at end of year 14 $ 119.78 The following tables summarize information about stock options vested and expected to vest at September 30, 2023 (shares in millions): Vested Range of Exercise Prices Number of Weighted Average Weighted Average $ 40 — $ 80 1 $ 72.59 0.2 $ 81 — $ 120 9 107.13 3.7 $ 121 — $ 160 3 148.09 6.7 $ 161 — $ 200 1 177.72 7.4 14 Expected to Vest Range of Exercise Prices Number of Options (1) Weighted Average Weighted Average $ 50 — $ 100 2 $ 89.89 9.4 $ 101 — $ 150 1 146.64 6.3 $ 151 — $ 200 1 161.36 7.8 4 (1) Number of options expected to vest is total unvested options less estimated forfeitures. The following table summarizes information about RSU transactions in fiscal 2023 (shares in millions): Units (3) Weighted Average Unvested at beginning of year 18 $ 144.00 Granted (1) 18 89.66 Vested (9) 136.15 Forfeited (3) 118.86 Unvested at end of year (2) 24 $ 109.04 (1) Includes 0.4 million Performance RSUs (2) Includes 0.8 million Performance RSUs (3) Excludes Performance RSUs for which vesting is subject to service conditions and the number of units vesting is subject to the discretion of the CEO. At September 30, 2023, the maximum number of these Performance RSUs that could be issued upon vesting is not material. The weighted average grant-date fair values of options granted during fiscal 2023, 2022 and 2021 were $33.18, $46.76 and $57.05, respectively, and for RSUs were $89.66, $136.36 and $178.70, respectively. The total intrinsic value (market value on date of exercise less exercise price) of options exercised and RSUs vested during fiscal 2023, 2022 and 2021 totaled $829 million, $982 million and $1,175 million, respectively. The aggregate intrinsic values of stock options vested and expected to vest at September 30, 2023 were $4.8 million and $0 million, respectively. As of September 30, 2023, unrecognized compensation cost related to unvested stock options and RSUs was $77 million and $1,774 million, respectively. That cost is expected to be recognized over a weighted-average period of 1.1 years for stock options and 1.2 years for RSUs. Cash received from option exercises for fiscal 2023, 2022 and 2021 was $52 million, $127 million and $435 million, respectively. Tax benefits realized from tax deductions associated with option exercises and RSU vestings for fiscal 2023, 2022 and 2021 were approximately $190 million, $219 million and $256 million, respectively. |
Detail of Certain Balance Sheet
| Detail of Certain Balance Sheet Accounts | 12 Months Ended |
| Sep. 30, 2023 | |
| Balance Sheet Related Disclosures [Abstract] | |
| Detail of Certain Balance Sheet Accounts | Detail of Certain Balance Sheet Accounts Current receivables September 30, October 1, Accounts receivable $ 10,179 $ 10,811 Other 2,266 1,999 Allowance for credit losses (115) (158) $ 12,330 $ 12,652 Parks, resorts and other property Attractions, buildings and improvements $ 35,255 $ 33,795 Furniture, fixtures and equipment 26,358 24,409 Land improvements 7,419 7,757 Leasehold improvements 1,058 1,037 70,090 66,998 Accumulated depreciation (42,610) (39,356) Projects in progress 6,285 4,814 Land 1,176 1,140 $ 34,941 $ 33,596 Intangible assets September 30, October 1, Character/franchise intangibles, copyrights and trademarks $ 10,572 $ 10,572 MVPD agreements 8,056 8,058 Other amortizable intangible assets 4,016 4,045 Accumulated amortization (11,375) (9,630) Net amortizable intangible assets 11,269 13,045 Indefinite lived intangible assets (1) 1,792 1,792 $ 13,061 $ 14,837 (1) Indefinite lived intangible assets consist of ESPN, Pixar and Marvel trademarks and television FCC licenses. Accounts payable and other accrued liabilities Accounts and accrued payables $ 15,125 $ 16,205 Payroll and employee benefits 3,061 3,447 Income taxes payable 2,276 378 Other 209 183 $ 20,671 $ 20,213 |
Commitments and Contingencies
| Commitments and Contingencies | 12 Months Ended |
| Sep. 30, 2023 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | Commitments and Contingencies Commitments The Company has various contractual commitments for rights to sports, films and other programming, totaling approximately $66.8 billion, including approximately $3.0 billion for available programming as of September 30, 2023. The Company also has contractual commitments for the construction of cruise ships, creative talent and employment agreements and unrecognized tax benefits. Creative talent and employment agreements include obligations to actors, producers, sports, television and radio personalities and executives. Contractual commitments for sports programming rights, other programming rights and other commitments including cruise ships and creative talent are as follows: Fiscal Year: Sports Programming (1) Other Other Total 2024 $ 10,331 $ 3,286 $ 4,055 $ 17,672 2025 10,631 1,591 2,803 15,025 2026 7,876 941 760 9,577 2027 6,687 671 388 7,746 2028 4,713 565 146 5,424 Thereafter 19,121 376 2,181 21,678 $ 59,359 $ 7,430 $ 10,333 $ 77,122 (1) Primarily relates to rights for NFL, college football (including bowl games and the College Football Playoff) and basketball, cricket, NBA, NHL, soccer, MLB, UFC, tennis, golf and Top Rank Boxing. Certain sports programming rights have payments that are variable based primarily on revenues and are not included in the table above. Legal Matters On May 12, 2023, a private securities class action lawsuit was filed in the U.S. District Court for the Central District of California against the Company, its former Chief Executive Officer, Robert Chapek, its former Chief Financial Officer, Christine M. McCarthy, and the former Chairman of the Disney Media and Entertainment Distribution segment, Kareem Daniel on behalf of certain purchasers of securities of the Company (the “Securities Class Action”). On November 6, 2023, a consolidated complaint was filed in the same action, adding Robert Iger, the Company’s Chief Executive Officer, as a defendant. Claims in the Securities Class Action include (i) violations of Section 10(b) of the Exchange Act and Rule 10b-5 promulgated thereunder against all defendants, (ii) violations of Section 20A of the Exchange Act against Iger and McCarthy, and (iii) violations of Section 20(a) of the Exchange Act against all defendants. Plaintiffs in the Securities Class Action allege purported misstatements and omissions concerning, and a scheme to conceal, accurate costs and subscriber growth of the Disney+ platform. The Company intends to defend against the lawsuit vigorously. The lawsuit is in the early stages and at this time we cannot reasonably estimate the amount of any potential loss. Two shareholder derivative complaints have been filed. The first, in which Hugues Gervat is the plaintiff, was filed on August 4, 2023, in the U.S. District Court for the Central District of California. The second, in which Stourbridge Investments LLC is the plaintiff, was filed on August 23, 2023 in the U.S. District Court for the District of Delaware. Each named The Walt Disney Company as a nominal defendant and alleged claims on its behalf against the Company’s Chief Executive Officer, Robert Iger; its former Chief Executive Officer, Robert Chapek; its former Chief Financial Officer, Christine M. McCarthy; the former Chairman of the Disney Media and Entertainment Distribution segment, Kareem Daniel, and ten current and former members of the Disney Board (Susan E. Arnold; Mary T. Barra; Safra A. Catz; Amy L. Chang; Francis A. deSouza; Michael B.G. Froman; Maria Elena Lagomasino; Calvin R. McDonald; Mark G. Parker; and Derica W. Rice). Along with alleged violations of Sections 10(b), 14(a), 20(a), and Rule 10b-5 of the Securities Exchange Act, premised on the same allegations as the Securities Class Action, plaintiffs in both actions sought to recover for alleged breach of fiduciary duty, unjust enrichment, abuse of control, gross mismanagement and waste. On October 24, 2023, the Stourbridge action was voluntarily dismissed and, on November 16, 2023, was refiled in Delaware state court alleging equivalent theories of liability based on state law. On October 30, 2023, the Gervat action was stayed pending a ruling on an expected motion to dismiss to be filed in the Securities Class Action. The Company intends to defend against these lawsuits vigorously. The lawsuits are in the early stages, and at this time we cannot reasonably estimate the amount of any potential loss. The Company, together with, in some instances, certain of its directors and officers, is a defendant in various other legal actions involving copyright, breach of contract and various other claims incident to the conduct of its businesses. Management does not believe that the Company has incurred a probable material loss by reason of any of those actions. |
Leases
| Leases | 12 Months Ended |
| Sep. 30, 2023 | |
| Leases [Abstract] | |
| Leases | Leases The Company’s operating leases primarily consist of real estate and equipment, including office space for general and administrative purposes, production facilities, land, cruise terminals, retail outlets and distribution centers for consumer products. The Company also has finance leases, primarily for broadcast equipment and land. Some of our leases include renewal and/or termination options. If it is reasonably certain that a renewal or termination option will be exercised, the exercise of the option is considered in calculating the term of the lease. As of September 30, 2023, our operating leases have a weighted-average remaining lease term of approximately 10 years, and our finance leases have a weighted-average remaining lease term of approximately 29 years. The weighted-average incremental borrowing rate is 3.6% and 6.5%, for our operating leases and finance leases, respectively. At September 30, 2023 total estimated future lease payments for non-cancelable lease agreements that have not commenced of approximately $0.5 billion are excluded from the measurement of the right-of-use asset and lease liability. The Company’s operating and finance right-of-use assets and lease liabilities are as follows: September 30, 2023 October 1, 2022 Right-of-use assets (1) Operating leases $ 4,211 $ 3,966 Finance leases 291 303 Total right-of-use assets 4,502 4,269 Short-term lease liabilities (2) Operating leases 740 614 Finance leases 37 37 777 651 Long-term lease liabilities (3) Operating leases 3,258 3,020 Finance leases 206 219 3,464 3,239 Total lease liabilities $ 4,241 $ 3,890 (1) Included in “Other assets” in the Consolidated Balance Sheet. (2) Included in “Accounts payable and other accrued liabilities” in the Consolidated Balance Sheet. (3) Included in “Other long-term liabilities” in the Consolidated Balance Sheet. The components of lease costs are as follows: 2023 2022 2021 Finance lease cost Amortization of right-of-use assets $ 39 $ 39 $ 42 Interest on lease liabilities 15 15 20 Operating lease cost 820 796 853 Variable fees and other (1) 444 363 414 Total lease cost $ 1,318 $ 1,213 $ 1,329 (1) Includes variable lease payments related to our operating and finance leases and costs of leases with initial terms of less than one year. Cash paid during the year for amounts included in the measurement of lease liabilities is as follows: 2023 2022 2021 Operating cash flows for operating leases $ 714 $ 736 $ 925 Operating cash flows for finance leases 15 15 20 Financing cash flows for finance leases 41 48 25 Total $ 770 $ 799 $ 970 Future minimum lease payments, as of September 30, 2023, are as follows: Operating Financing Fiscal Year: 2024 $ 824 $ 47 2025 792 44 2026 504 38 2027 384 33 2028 318 29 Thereafter 2,265 350 Total undiscounted future lease payments 5,087 541 Less: Imputed interest (1,089) (298) Total reported lease liability $ 3,998 $ 243 |
| Leases | Leases The Company’s operating leases primarily consist of real estate and equipment, including office space for general and administrative purposes, production facilities, land, cruise terminals, retail outlets and distribution centers for consumer products. The Company also has finance leases, primarily for broadcast equipment and land. Some of our leases include renewal and/or termination options. If it is reasonably certain that a renewal or termination option will be exercised, the exercise of the option is considered in calculating the term of the lease. As of September 30, 2023, our operating leases have a weighted-average remaining lease term of approximately 10 years, and our finance leases have a weighted-average remaining lease term of approximately 29 years. The weighted-average incremental borrowing rate is 3.6% and 6.5%, for our operating leases and finance leases, respectively. At September 30, 2023 total estimated future lease payments for non-cancelable lease agreements that have not commenced of approximately $0.5 billion are excluded from the measurement of the right-of-use asset and lease liability. The Company’s operating and finance right-of-use assets and lease liabilities are as follows: September 30, 2023 October 1, 2022 Right-of-use assets (1) Operating leases $ 4,211 $ 3,966 Finance leases 291 303 Total right-of-use assets 4,502 4,269 Short-term lease liabilities (2) Operating leases 740 614 Finance leases 37 37 777 651 Long-term lease liabilities (3) Operating leases 3,258 3,020 Finance leases 206 219 3,464 3,239 Total lease liabilities $ 4,241 $ 3,890 (1) Included in “Other assets” in the Consolidated Balance Sheet. (2) Included in “Accounts payable and other accrued liabilities” in the Consolidated Balance Sheet. (3) Included in “Other long-term liabilities” in the Consolidated Balance Sheet. The components of lease costs are as follows: 2023 2022 2021 Finance lease cost Amortization of right-of-use assets $ 39 $ 39 $ 42 Interest on lease liabilities 15 15 20 Operating lease cost 820 796 853 Variable fees and other (1) 444 363 414 Total lease cost $ 1,318 $ 1,213 $ 1,329 (1) Includes variable lease payments related to our operating and finance leases and costs of leases with initial terms of less than one year. Cash paid during the year for amounts included in the measurement of lease liabilities is as follows: 2023 2022 2021 Operating cash flows for operating leases $ 714 $ 736 $ 925 Operating cash flows for finance leases 15 15 20 Financing cash flows for finance leases 41 48 25 Total $ 770 $ 799 $ 970 Future minimum lease payments, as of September 30, 2023, are as follows: Operating Financing Fiscal Year: 2024 $ 824 $ 47 2025 792 44 2026 504 38 2027 384 33 2028 318 29 Thereafter 2,265 350 Total undiscounted future lease payments 5,087 541 Less: Imputed interest (1,089) (298) Total reported lease liability $ 3,998 $ 243 |
Fair Value Measurement
| Fair Value Measurement | 12 Months Ended |
| Sep. 30, 2023 | |
| Fair Value Disclosures [Abstract] | |
| Fair Value Measurement | Fair Value Measurement The Company’s assets and liabilities measured at fair value are summarized in the following tables by fair value measurement Level. See Note 10 for definitions of fair value measures and the Levels within the fair value hierarchy. Fair Value Measurement at September 30, 2023 Description Level 1 Level 2 Level 3 Total Assets Investments $ 46 $ 128 $ — $ 174 Derivatives Foreign exchange — 1,336 — 1,336 Other — 18 — 18 Liabilities Derivatives Interest rate — (1,791) — (1,791) Foreign exchange — (815) — (815) Other — (13) — (13) Other — (465) — (465) Total recorded at fair value $ 46 $ (1,602) $ — $ (1,556) Fair value of borrowings $ — $ 40,123 $ 1,333 $ 41,456 Fair Value Measurement at October 1, 2022 Description Level 1 Level 2 Level 3 Total Assets Investments $ 308 $ — $ — $ 308 Derivatives Interest rate — 1 — 1 Foreign exchange — 2,223 — 2,223 Other — 10 — 10 Liabilities Derivatives Interest rate — (1,783) — (1,783) Foreign exchange — (1,239) — (1,239) Other — (31) — (31) Other — (354) — (354) Total recorded at fair value $ 308 $ (1,173) $ — $ (865) Fair value of borrowings $ — $ 42,509 $ 1,510 $ 44,019 The fair value of Level 2 investments are primarily determined based on an internal valuation model that uses observable inputs such as stock trading price, volatility and risk free rate. The fair values of Level 2 derivatives are primarily determined by internal discounted cash flow models that use observable inputs such as interest rates, yield curves and foreign currency exchange rates. Counterparty credit risk, which is mitigated by master netting agreements and collateral posting arrangements with certain counterparties, had an impact on derivative fair value estimates that was not material. Level 2 other liabilities are primarily arrangements that are valued based on the fair value of underlying investments, which are generally measured using Level 1 and Level 2 fair value techniques. Level 2 borrowings, which include commercial paper, U.S. dollar denominated notes and certain foreign currency denominated borrowings, are valued based on quoted prices for similar instruments in active markets or identical instruments in markets that are not active. Level 3 borrowings include the Asia Theme Park borrowings, which are valued based on the current borrowing cost and credit risk of the Asia Theme Parks as well as prevailing market interest rates. The Company’s financial instruments also include cash, cash equivalents, receivables and accounts payable. The carrying values of these financial instruments approximate the fair values. The Company also has assets that are required to be recorded at fair value on a non-recurring basis. These assets are evaluated when certain triggering events occur (including a decrease in estimated future cash flows) that indicate the asset should be evaluated for impairment. In the fourth quarter of fiscal 2023, the Company recorded impairment charges for goodwill as disclosed in Note 18. The fair value of these assets was determined using estimated discounted future cash flows, which is a Level 3 valuation technique (see Note 18 for a discussion of the more significant inputs used in our discounted cash flow analysis). Credit Concentrations The Company monitors its positions with, and the credit quality of, the financial institutions that are counterparties to its financial instruments on an ongoing basis and does not currently anticipate nonperformance by the counterparties. The Company does not expect that it would realize a material loss, based on the fair value of its derivative financial instruments as of September 30, 2023, in the event of nonperformance by any single derivative counterparty. The Company generally enters into derivative transactions only with counterparties that have a credit rating of A- or better and requires collateral in the event credit ratings fall below A- or aggregate exposures exceed limits as defined by contract. In addition, the Company limits the amount of investment credit exposure with any one institution. The Company does not have material cash and cash equivalent balances with financial institutions that have below investment grade credit ratings and maintains short-term liquidity balances in high quality money market funds. At September 30, 2023, the Company did not have balances (excluding money market funds) with individual financial institutions that exceeded 10% of the Company’s total cash and cash equivalents. |
Derivative Instruments
| Derivative Instruments | 12 Months Ended |
| Sep. 30, 2023 | |
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |
| Derivative Instruments | Derivative Instruments The Company manages its exposure to various financial risks relating to its ongoing business operations according to a risk management policy. The primary risks managed with derivative instruments are interest rate risk and foreign exchange risk. The Company’s derivative positions measured at fair value are summarized in the following tables: As of September 30, 2023 Current Other Other Other Long- Derivatives designated as hedges Foreign exchange $ 595 $ 338 $ (123) $ (93) Interest rate — — (1,791) — Other 12 6 — — Derivatives not designated as hedges (1) Foreign exchange 384 19 (520) (79) Other — — (13) — Gross fair value of derivatives 991 363 (2,447) (172) Counterparty netting (770) (262) 900 132 Cash collateral (received) paid (123) (7) 1,257 — Net derivative positions $ 98 $ 94 $ (290) $ (40) (1) In fiscal 2023, the Company entered into a licensing and promotional arrangement and received warrants to purchase equity that are accounted for as a derivative asset. The warrants are recorded in investments at their fair market value of $128 million at September 30, 2023. As of October 1, 2022 Current Other Other Other Long- Derivatives designated as hedges Foreign exchange $ 864 $ 786 $ (228) $ (350) Interest rate — 1 (1,783) — Other 10 — (4) — Derivatives not designated as hedges Foreign exchange 336 247 (374) (287) Other — — (27) — Gross fair value of derivatives 1,210 1,034 (2,416) (637) Counterparty netting (831) (715) 1,070 476 Cash collateral (received) paid (341) (151) 1,282 96 Net derivative positions $ 38 $ 168 $ (64) $ (65) Reference Rate Reform In fiscal 2023, the Company amended its interest rate and cross-currency swap agreements to implement modifications related to changing the reference rates from LIBOR to SOFR and from the Canadian Dollar Offered Rate to the Canadian Overnight Repo Rate Average. In connection with these amendments, the Company applied the hedge accounting relief provided by the Financial Accounting Standards Board (FASB) in ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting to preserve the fair value hedge designation of the interest rate and cross-currency swaps. Interest Rate Risk Management The Company is exposed to the impact of interest rate changes primarily through its borrowing activities. The Company’s objective is to mitigate the impact of interest rate changes on earnings and cash flows and on the market value of its borrowings. In accordance with its policy, the Company targets its fixed-rate debt as a percentage of its net debt between a minimum and maximum percentage. The Company primarily uses pay-floating and pay-fixed interest rate swaps to facilitate its interest rate risk management activities. The Company designates pay-floating interest rate swaps as fair value hedges of fixed-rate borrowings effectively converting fixed-rate borrowings to variable-rate borrowings. The total notional amount of the Company’s pay-floating interest rate swaps as of September 30, 2023 and October 1, 2022, was $13.5 billion and $14.5 billion, respectively. The following table summarizes fair value hedge adjustments to hedged borrowings: Carrying Amount of Hedged Borrowings Fair Value Adjustments Included in Hedged Borrowings September 30, 2023 October 1, 2022 September 30, 2023 October 1, 2022 Borrowings: Current $ 1,439 $ 997 $ (59) $ (3) Long-term 10,748 12,358 (1,694) (1,733) $ 12,187 $ 13,355 $ (1,753) $ (1,736) The following amounts are included in “Interest expense, net” in the Consolidated Statements of Income: 2023 2022 2021 Gain (loss) on: Pay-floating swaps $ (14) $ (1,635) $ (603) Borrowings hedged with pay-floating swaps 14 1,635 603 Benefit (expense) associated with interest accruals on pay-floating swaps (510) 31 143 The Company may designate pay-fixed interest rate swaps as cash flow hedges of interest payments on floating-rate borrowings. Pay-fixed interest rate swaps effectively convert floating-rate borrowings to fixed-rate borrowings. The unrealized gains or losses from these cash flow hedges are deferred in AOCI and recognized in interest expense as the interest payments occur. The Company did not have pay-fixed interest rate swaps that were designated as cash flow hedges of interest payments at September 30, 2023 or at October 1, 2022, and gains and losses related to pay-fixed swaps recognized in earnings for fiscal 2023, 2022 and 2021 were not material. Foreign Exchange Risk Management The Company transacts business globally and is subject to risks associated with foreign currency exchange rates. The Company’s objective is to reduce earnings and cash flow fluctuations associated with changes in foreign currency exchange rates, enabling management to focus on core business operations. The Company enters into option and forward contracts to protect the value of its existing foreign currency assets, liabilities, firm commitments and forecasted but not firmly committed foreign currency transactions. In accordance with policy, the Company hedges its forecasted foreign currency transactions for periods generally not to exceed four years within an established minimum and maximum range of annual exposure. The gains and losses on these contracts offset changes in the U.S. dollar equivalent value of the related forecasted transaction, asset, liability or firm commitment. The principal currencies hedged are the euro, Japanese yen, British pound, Chinese yuan and Canadian dollar. Cross-currency swaps are used to effectively convert foreign currency denominated borrowings into U.S. dollar denominated borrowings. The Company designates foreign exchange forward and option contracts as cash flow hedges of firmly committed and forecasted foreign currency transactions. As of September 30, 2023 and October 1, 2022, the notional amounts of the Company’s net foreign exchange cash flow hedges were $8.3 billion and $7.4 billion, respectively. Mark-to-market gains and losses on these contracts are deferred in AOCI and are recognized in earnings when the hedged transactions occur, offsetting changes in the value of the foreign currency transactions. Net deferred gains recorded in AOCI for contracts that will mature in the next twelve months total $488 million. The following table summarizes the effect of foreign exchange cash flow hedges on AOCI: 2023 2022 2021 Gain (loss) recognized in Other Comprehensive Income $ (136) $ 1,093 $ 61 Gain (loss) reclassified from AOCI into the Statement of Operations (1) 446 116 24 (1) Primarily recorded in revenue. The Company designates cross currency swaps as fair value hedges of foreign currency denominated borrowings. The impact from the change in foreign currency on both the cross currency swap and borrowing is recorded to “Interest expense, net”. The impact from interest rate changes is recorded in AOCI and is amortized over the life of the cross currency swap. As of both September 30, 2023 and October 1, 2022, the total notional amounts of the Company’s designated cross currency swaps were Canadian $1.3 billion ($1.0 billion), respectively. The related gains or losses recognized in earnings were not material for the fiscal years ended 2023, 2022 and 2021. Foreign exchange risk management contracts with respect to foreign currency denominated assets and liabilities are not designated as hedges and do not qualify for hedge accounting. The notional amounts of these foreign exchange contracts at September 30, 2023 and October 1, 2022 were $3.1 billion and $3.8 billion, respectively. The following table summarizes the net foreign exchange gains or losses recognized on foreign currency denominated assets and liabilities and the net foreign exchange gains or losses on the foreign exchange contracts we entered into to mitigate our exposure with respect to foreign currency denominated assets and liabilities by the corresponding line item in which they are recorded in the Consolidated Statements of Income: Costs and Expenses Interest expense, net Income Tax Expense 2023 2022 2021 2023 2022 2021 2023 2022 2021 Net gains (losses) on foreign currency denominated assets and liabilities $ (37) $ (685) $ (30) $ (15) $ 82 $ (47) $ (91) $ 212 $ (7) Net gains (losses) on foreign exchange risk management contracts not designated as hedges (159) 547 (83) 10 (82) 47 64 (208) 2 Net gains (losses) $ (196) $ (138) $ (113) $ (5) $ — $ — $ (27) $ 4 $ (5) Commodity Price Risk Management The Company is subject to the volatility of commodities prices, and the Company designates certain commodity forward contracts as cash flow hedges of forecasted commodity purchases. Mark-to-market gains and losses on these contracts are deferred in AOCI and are recognized in earnings when the hedged transactions occur, offsetting changes in the value of commodity purchases. The notional amount of these commodities contracts at September 30, 2023 and October 1, 2022 and related gains or losses recognized in earnings were not material for fiscal 2023, 2022 and 2021. Risk Management – Other Derivatives Not Designated as Hedges The Company enters into certain other risk management contracts that are not designated as hedges and do not qualify for hedge accounting. These contracts, which include certain total return swap contracts, are intended to offset economic exposures of the Company and are carried at market value with any changes in value recorded in earnings. The notional amount of these contracts at both September 30, 2023 and October 1, 2022 was $0.4 billion, respectively. The related gains or losses recognized in earnings were not material for fiscal 2023, 2022 and 2021. Contingent Features and Cash Collateral The Company has master netting arrangements by counterparty with respect to certain derivative financial instrument contracts. The Company may be required to post collateral in the event that a net liability position with a counterparty exceeds limits defined by contract and that vary with the Company’s credit rating. In addition, these contracts may require a counterparty to post collateral to the Company in the event that a net receivable position with a counterparty exceeds limits defined by contract and that vary with the counterparty’s credit rating. If the Company’s or the counterparty’s credit ratings were to fall below investment grade, such counterparties or the Company would also have the right to terminate our derivative contracts, which could lead to a net payment to or from the Company for the aggregate net value by counterparty of our derivative contracts. The aggregate fair values of derivative instruments with credit-risk-related contingent features in a net liability position by counterparty were $1,587 million and $1,507 million at September 30, 2023 and October 1, 2022, respectively. |
Restructuring and Impairment Ch
| Restructuring and Impairment Charges | 12 Months Ended |
| Sep. 30, 2023 | |
| Restructuring and Related Activities [Abstract] | |
| Restructuring and Impairment Charges | Restructuring and Impairment Charges Content Impairment As a result of our strategic change in approach to content curation, we removed content from our Entertainment Direct-to-Consumer services and terminated certain third-party license agreements for the right to use content primarily on our Entertainment Direct-to-Consumer platforms. We recorded charges of $2.6 billion in fiscal 2023, including a $2.0 billion write-off of produced content costs and $0.6 billion to terminate license agreements. We paid approximately $0.4 billion of cash to terminate these license agreements. The charges are recorded in “Restructuring and impairment charges” in the Consolidated Statements of Income. Goodwill Impairment In the fourth quarter of fiscal 2023, the Company performed a quantitative goodwill impairment test under both the previous segment reporting structure and the new segment reporting structure. There were no goodwill impairments under the previous reporting structure. The change in reporting structure requires judgment to identify new reporting units, allocate goodwill to these reporting units (based on relative fair values) and assign other recorded assets and liabilities to these reporting units. See Note 2 for additional information regarding the quantitative goodwill impairment assessment. Our future cash flows are based on internal forecasts for each reporting unit, which consider projected inflation and other economic indicators, as well as industry growth projections. Significant judgments and assumptions in the discounted cash flow model relate to future revenues and certain operating expenses, terminal growth rates and discount rates. Discount rates for each reporting unit are determined based on the inherent risks of each reporting unit’s underlying operations. We believe our estimates are consistent with how a marketplace participant would value our reporting units. If we had established different reporting units or utilized different valuation methodologies or assumptions, the impairment test results would differ. Based on our projections, the carrying amounts of our entertainment and international sports linear networks reporting units exceeded their fair values, and we recorded non-cash goodwill impairment charges of approximately $0.7 billion in “Restructuring and impairment charges” in the Consolidated Statement of Income. Goodwill, net of impairments recorded was $77.1 billion as of September 30, 2023 Other In fiscal 2023, the Company recorded charges of $0.4 billion of severance, $0.1 billion for an impairment of an investment and $0.1 billion for exiting our businesses in Russia. In fiscal 2022, the Company recorded charges of $0.2 billion, primarily due to asset impairments related to exiting our businesses in Russia. In fiscal 2021, the Company recorded restructuring and impairment charges of $0.7 billion, primarily related to the planned closure of an animation studio and a substantial number of our Disney-branded retail stores in North America and Europe as well as severance at our parks and experiences businesses. These charges are reported in “Restructuring and impairment charges” in the Consolidated Statements of Income. |
New Accounting Pronouncements
| New Accounting Pronouncements | 12 Months Ended |
| Sep. 30, 2023 | |
| Accounting Standards Update and Change in Accounting Principle [Abstract] | |
| Description of New Accounting Pronouncements Not yet Adopted [Text Block] | New Accounting Pronouncements Accounting Pronouncements Adopted in Fiscal 2023 Disclosures by Business Entities about Government Assistance In November 2021, the FASB issued guidance requiring annual disclosures about transactions with a government that are accounted for by analogizing to a grant or contribution accounting model, including: the nature of the transactions, the accounting for the transactions and the effect of the transactions on the financial statements. The Company adopted the new guidance prospectively in the fourth quarter of fiscal 2023. The adoption did not have a material impact on our financial statements other than additional disclosures related to content production incentives. See Notes 2 and 7 for additional information. |
Summary of Significant Accoun_2
| Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
| Sep. 30, 2023 | |
| Accounting Policies [Abstract] | |
| Principles of Consolidation | Principles of Consolidation The consolidated financial statements of the Company include the accounts of The Walt Disney Company and its majority-owned or controlled subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. The Company enters into relationships with or makes investments in other entities that may be variable interest entities (VIE). A VIE is consolidated in the financial statements if the Company has the power to direct activities that most significantly impact the economic performance of the VIE and has the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant (as defined by ASC 810-10-25-38) to the VIE. Hong Kong Disneyland Resort and Shanghai Disney Resort (together, the Asia Theme Parks) are VIEs in which the Company has less than 50% equity ownership. Company subsidiaries (the Management Companies) have management agreements with the Asia Theme Parks, which provide the Management Companies, subject to certain protective rights of joint venture partners, with the ability to direct the day-to-day operating activities and the development of business strategies that we believe most significantly impact the economic performance of the Asia Theme Parks. In addition, the Management Companies receive management fees under these arrangements that we believe could be significant to the Asia Theme Parks. Therefore, the Company has consolidated the Asia Theme Parks in its financial statements. |
| Reporting Period | Reporting Period The Company’s fiscal year ends on the Saturday closest to September 30 and consists of fifty-two weeks with the exception that approximately every six years, we have a fifty-three week year. When a fifty-three week year occurs, the Company reports the additional week in the fourth quarter. Fiscal 2023, 2022 and 2021 were fifty-two week years. |
| Reclassifications | Reclassifications Certain reclassifications have been made in the fiscal 2022 and fiscal 2021 financial statements and notes to conform to the fiscal 2023 presentation. |
| Use of Estimates | Use of Estimates The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the financial statements and footnotes thereto. Actual results may differ from those estimates. |
| Revenues and Costs from Services and Products | Revenues and Costs from Services and Products The Company generates revenue from the sale of both services and tangible products and revenues and operating costs are classified under these two categories in the Consolidated Statements of Income. Certain costs related to both the sale of services and tangible products are not specifically allocated between the service or tangible product revenue streams but are instead attributed to the principal revenue stream. The cost of services and tangible products exclude depreciation and amortization. Significant service revenues include: • Affiliate fees • Subscription fees to our DTC streaming services • Advertising revenues • Admissions to our theme parks, charges for room nights at hotels and sales of cruise vacation packages • Revenue from the licensing and distribution of film and television properties • Royalties from licensing our IP for use on consumer goods, published materials and in multi-platform games Significant operating costs related to the sale of services include: • Programming and production costs • Distribution costs • Operating labor • Facilities and infrastructure costs Significant tangible product revenues include: • The sale of food, beverage and merchandise at our retail locations • The sale of DVDs and Blu-ray discs • The sale of books, comic books and magazines Significant operating costs related to the sale of tangible products include: • Costs of goods sold • Operating labor • Programming and production costs • Distribution costs • Retail occupancy costs |
| Revenue Recognition | Revenue Recognition The Company’s revenue recognition policies are as follows: • Affiliate fees are recognized as the programming is provided based on contractually specified per subscriber rates and the actual number of the affiliate’s customers receiving the programming. For affiliate contracts with fixed license fees, the fees are recognized ratably over the contract term. If an affiliate contract includes a minimum guaranteed license fee, the guaranteed license fee is recognized ratably over the guaranteed period and any fees earned in excess of the guarantee are recognized as earned once the minimum guarantee has been exceeded. Affiliate agreements may also include a license to use the network programming for on demand viewing. As the fees charged under these contracts are generally based on a contractually specified per subscriber rate for the number of underlying subscribers of the affiliate, revenues are recognized as earned. • Subscription fees are recognized ratably over the term of the subscription. • Advertising sales are recognized as revenue, net of agency commissions, when commercials are aired. For contracts that contain a guaranteed number of impressions, revenues are recognized based on impressions delivered. When the guaranteed number of impressions is not met (“ratings shortfall”), revenues are not recognized for the ratings shortfall until the additional impressions are delivered. • Theme park admissions are recognized when the tickets are used. Sales of annual passes are recognized ratably over the period for which the pass is available for use. • Resorts and vacations sales are recognized as revenue as the services are provided to the guest. Sales of vacation club properties are recognized as revenue upon the later of when title transfers to the customer or when construction activity is deemed complete. • Merchandise, food and beverage sales are recognized at the time of sale. Sales from our branded internet shopping sites and to wholesalers are recognized upon delivery. We estimate returns and customer incentives based upon historical return experience, current economic trends and projections of consumer demand for our products. • Merchandise licensing fees are recognized as revenue as earned based on the contractual royalty rate applied to the licensee’s underlying product sales. For licenses with minimum guaranteed license fees, the excess of the minimum guaranteed amount over actual royalties earned (“shortfall”) is recognized straight-line over the remaining license period once an expected shortfall is probable. • TV/VOD distribution fixed license fees are recognized as revenue when the content is available for use by the licensee. License fees based on the underlying sales of the licensee are recognized as revenue based on the contractual royalty rate applied to the licensee sales. For TV/VOD licenses that include multiple titles with a fixed license fee across all titles, each title is considered a separate performance obligation. The fixed license fee is allocated to each title at contract inception and the allocated license fee is recognized as revenue when the title is available for use by the licensee. When the license contains a minimum guaranteed license fee across all titles, the license fees earned by titles in excess of their allocated amount are deferred until the minimum guaranteed license fee across all titles is exceeded. Once the minimum guaranteed license fee is exceeded, revenue is recognized as earned based on the licensee’s underlying sales. TV/VOD distribution contracts may limit the licensee’s use of a title to certain defined periods of time during the contract term. In these instances, each period of availability is generally considered a separate performance obligation. For these contracts, the fixed license fee is allocated to each period of availability at contract inception based on relative standalone selling price using management’s best estimate. Revenue is recognized at the start of each availability period when the content is made available for use by the licensee. When the term of an existing agreement is renewed or extended, revenues are recognized when the licensed content becomes available under the renewal or extension. • Theatrical distribution licensing fees are recognized as revenue based on the contractual royalty rate applied to the distributor’s underlying sales from exhibition of the film. • Home entertainment sales in physical formats are recognized as revenue on the later of the delivery date or the date that the product can be sold by retailers. We reduce home entertainment revenues for estimated future returns of merchandise and sales incentives based upon historical return experience, current economic trends and projections of consumer demand for our products. Sales of our films in electronic formats are recognized as revenue when the product is available for use by the consumer. • Taxes collected from customers and remitted to governmental authorities are excluded from revenue. • Shipping and handling fees collected from customers are recorded as revenue and the related shipping expenses are recorded in cost of products upon delivery of the product to the consumer. |
| Allowance for Credit Losses | Allowance for Credit Losses We evaluate our allowance for credit losses and estimate collectability of current and non-current accounts receivable based on historical bad debt experience, our assessment of the financial condition of individual companies with which we do business, current market conditions and reasonable supportable forecasts of future economic conditions. |
| Advertising Expense | Advertising ExpenseAdvertising costs are expensed as incurred. Advertising expense for fiscal 2023, 2022 and 2021 was $6.4 billion, $7.2 billion and $5.5 billion, respectively. The decrease in advertising expense for fiscal 2023 compared to fiscal 2022 was due to lower spend for our DTC streaming services. The increase in advertising expense for fiscal 2022 compared to fiscal 2021 was due to higher spend for our DTC streaming services and an increase in theatrical marketing costs. |
| Cash and Cash Equivalents | Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less. Cash and cash equivalents subject to contractual restrictions and not readily available are classified as restricted cash. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Consolidated Balance Sheet to the total of the amounts in the Consolidated Statements of Cash Flows. September 30, 2023 October 1, 2022 October 2, 2021 Cash and cash equivalents $ 14,182 $ 11,615 $ 15,959 Restricted cash included in: Other current assets — 3 3 Other assets 53 43 41 Total cash, cash equivalents and restricted cash in the statement of cash flows $ 14,235 $ 11,661 $ 16,003 |
| Investments | Investments Investments in equity securities with a readily determinable fair value, not accounted for under the equity method, are recorded at that value with unrealized gains and losses included in earnings. For equity securities without a readily determinable fair value, the investment is recorded at cost, less any impairment, plus or minus adjustments related to observable transactions for the same or similar securities, with unrealized gains and losses included in earnings. For equity method investments, the Company regularly reviews its investments to determine whether there is a decline in fair value below book value. If there is a decline that is other-than-temporary, the investment is written down to fair value. |
| Translation Policy | Translation Policy Generally, the U.S. dollar is the functional currency for our international film and episodic content distribution and licensing businesses and the branded international channels and DTC streaming services. Generally, the local currency is the functional currency for the Asia Theme Parks, Disneyland Paris, the Star branded channels in India, international sports channels and international locations of The Disney Store. For U.S. dollar functional currency locations, foreign currency assets and liabilities are remeasured into U.S. dollars at end-of-period exchange rates, except for non-monetary balance sheet accounts, which are remeasured at historical exchange rates. Revenue and expenses are remeasured at average exchange rates in effect during each period, except for those expenses related to the non-monetary balance sheet amounts, which are remeasured at historical exchange rates. Gains or losses from foreign currency remeasurement are included in income. For local currency functional locations, assets and liabilities are translated at end-of-period rates while revenues and expenses are translated at average rates in effect during the period. Equity is translated at historical rates and the resulting cumulative translation adjustments are included as a component of accumulated other comprehensive income (loss) (AOCI). |
| Inventories | Inventories Inventory primarily includes vacation timeshare units, merchandise, food, materials and supplies. Carrying amounts of vacation ownership units are recorded at the lower of cost or net realizable value. Carrying amounts of merchandise, food, materials and supplies inventories are generally determined on a moving average cost basis and are recorded at the lower of cost or net realizable value. |
| Film and Television Content Costs | Film and Television Content Costs The Company classifies its capitalized produced and acquired/licensed content costs as long-term assets (“Produced and licensed content costs” in the Consolidated Balance Sheet) and classifies advances for live programming rights made prior to the live event as short-term assets (“Content advances” in the Consolidated Balance Sheet). For produced content, we capitalize all direct costs incurred in the physical production of a film, as well as allocations of production overhead and capitalized interest. For licensed and acquired content, we capitalize the license fee or acquisition cost, respectively. For purposes of amortization and impairment, the capitalized content costs are classified based on their predominant monetization strategy as follows: • Individual - lifetime value is predominantly derived from third-party revenues that are directly attributable to the specific title (e.g. theatrical revenues or sales to third-party television programmers) • Group - lifetime value is predominantly derived from third-party revenues that are attributable only to a bundle of titles (e.g. subscription revenue for a DTC service or affiliate fees for a cable television network) The determination of the predominant monetization strategy is made at commencement of production on a consolidated basis and is based on the means by which we derive third-party revenues from use of the content. Imputed title by title license fees that may be necessary for other purposes are established as required for those purposes. We generally classify content that is initially intended for use on our DTC streaming services or Linear Networks as group assets. We generally classify content initially intended for theatrical release or for sale to third-party licensees as individual assets. The classification of content as individual or group only changes if there is a significant change to the title’s monetization strategy relative to its initial assessment (e.g. content that was initially intended for license to a third party is instead used on an owned DTC service). When there is a significant change in monetization strategy, the title’s capitalized content costs are tested for impairment. Production costs for content that is predominantly monetized individually are amortized based upon the ratio of the current period’s revenues to the estimated remaining total revenues (Ultimate Revenues). For film productions, Ultimate Revenues include revenues from all sources, which may include imputed license fees for content that is used on our DTC streaming services, that will be earned within ten years from the date of the initial release for theatrical films. For episodic series that are classified as individual, Ultimate Revenues include revenues that will be earned within ten years, including imputed license fees for content that is used on our DTC streaming services, from delivery of the first episode, or if still in production, five years from delivery of the most recent episode, if later. Participations and residuals are expensed over the applicable product life cycle based upon the ratio of the current period’s revenues to the estimated remaining total revenues for each production. Production costs that are predominantly monetized as a group are amortized based on projected usage, generally resulting in an accelerated or straight-line amortization pattern. Adjustments to projected usage are applied prospectively in the period of the change. Participations and residuals are generally expensed in line with the pattern of usage. Licensed rights to film and television content and other programs for broadcast on our Linear Networks, domestic ESPN television network, International Sports Channels or DTC streaming services are expensed on an accelerated or straight-line basis over their useful life or over the number of times the program is expected to be aired, as appropriate. We amortize rights costs for multi-year sports programming arrangements during the applicable seasons based on the estimated relative value of each year in the arrangement. If annual contractual payments related to each season approximate each season’s estimated relative value, we expense the related contractual payments during the applicable season. Acquired film and television libraries are generally amortized on a straight-line basis over 20 years from the date of acquisition. Acquired film and television libraries include content that was initially released three years prior to its acquisition, except it excludes the prior seasons of episodic programming still in production at the date of its acquisition. Amortization of capitalized costs for produced and acquired content begins in the month the content is first released, while amortization of capitalized costs for licensed content commences when the license period begins and the content is first aired or available for use on our DTC services. Amortization of content assets is primarily included in “Cost of services” in the Consolidated Statements of Income. The costs of produced and licensed film and television content are subject to regular recoverability assessments. Production costs for content that is predominantly monetized individually are tested for impairment at the individual title level by comparing that title’s unamortized costs to the estimated present value of discounted cash flows directly attributable to the title. To the extent the title’s unamortized costs exceed the present value of discounted cash flows, an impairment charge is recorded for the excess. Cost of content that is predominantly monetized as a group is tested for impairment by comparing the present value of the discounted cash flows of the group to the aggregate unamortized costs of the group. The group is established by identifying the lowest level for which cash flows are independent of the cash flows of other produced and licensed content. If the unamortized costs exceed the present value of discounted cash flows, an impairment charge is recorded |
| Content Production Incentives | Content Production Incentives The Company receives tax incentives from U.S. (state and local) and foreign government agencies to encourage the production of film, episodic and streaming content. The incentives are largely received as tax credits, which are recognized as a reduction to produced and licensed content costs when there is reasonable assurance of collection (presented as “Produced and licensed content costs” in the Consolidated Balance Sheets), resulting in a reduction to programming and production costs (presented as “Costs of services” in the Consolidated Statements of Income) over the asset’s amortization period. |
| Internal-Use Software Costs | Internal-Use Software Costs The Company expenses costs incurred in the preliminary project stage of developing or acquiring internal use software, such as research and feasibility studies as well as costs incurred in the post-implementation/operational stage, such as maintenance and training. Capitalization of software development costs occurs only after the preliminary-project stage is complete, management authorizes the project and it is probable that the project will be completed and the software will be used for the function intended. As of September 30, 2023 and October 1, 2022, capitalized software costs, net of accumulated amortization, totaled $1.2 billion and $1.1 billion, respectively. The capitalized costs are amortized on a straight-line basis over the estimated useful life of the software, generally up to 5 years. |
| Parks, Resorts and Other Property | Parks, Resorts and Other Property Parks, resorts and other property are carried at historical cost. Depreciation is computed on the straight-line method, generally over estimated useful lives as follows: Attractions, buildings and improvements 20 – 40 years Furniture, fixtures and equipment 3 – 25 years Land improvements 20 – 40 years Leasehold improvements Life of lease or asset life if less |
| Leases | Leases The Company determines whether a contract is a lease at contract inception or for a modified contract at the modification date. At inception or modification, the Company calculates the present value of operating lease payments using the Company’s incremental borrowing rate applicable to the lease, which is determined by estimating what it would cost the Company to borrow a collateralized amount equal to the total lease payments over the lease term based on the contractual terms of the lease and the location of the leased asset. Our leases may require us to make fixed rental payments, variable lease payments based on usage or sales and fixed non-lease costs relating to the leased asset. Variable lease payments are generally not included in the measurement of the right-of-use asset and lease liability. Fixed non-lease costs, for example common-area maintenance costs, are included in the measurement of the right-of-use asset and lease liability as the Company does not separate lease and non-lease components. |
| Goodwill, Other Intangible Assets and Long-Lived Assets | Goodwill, Other Intangible Assets and Long-Lived Assets The Company is required to test goodwill and other indefinite-lived intangible assets for impairment on an annual basis and if current events or circumstances require, on an interim basis. The Company performs its annual test of goodwill and indefinite-lived intangible assets for impairment in its fiscal fourth quarter. Goodwill is allocated to various reporting units, which are an operating segment or one level below the operating segment. To test goodwill for impairment, the Company first performs a qualitative assessment to determine if it is more likely than not that the carrying amount of a reporting unit exceeds its fair value. If it is, a quantitative assessment is required. Alternatively, the Company may bypass the qualitative assessment and perform a quantitative impairment test. The qualitative assessment requires the consideration of factors such as recent market transactions, macroeconomic conditions and changes in projected future cash flows of the reporting unit. The quantitative assessment compares the fair value of each goodwill reporting unit to its carrying amount, and to the extent the carrying amount exceeds the fair value, an impairment of goodwill is recognized for the excess up to the amount of goodwill allocated to the reporting unit. In fiscal 2023, the Company bypassed the qualitative test and performed a quantitative assessment of goodwill for impairment (see Note 18). The impairment test for goodwill requires judgment related to the identification of reporting units, the assignment of assets and liabilities to reporting units including goodwill and the determination of fair value of the reporting units. To determine the fair value of our reporting units, we generally use a present value technique (discounted cash flows) corroborated by market multiples when available and as appropriate. The discounted cash flow analyses are sensitive to our estimated projected future cash flows as well as the discount rates used to calculate their present value. Our future cash flows are based on internal forecasts for each reporting unit, which consider projected inflation and other economic indicators, as well as industry growth projections. Discount rates for each reporting unit are determined based on the inherent risks of each reporting unit’s underlying operations. We believe our estimates are consistent with how a marketplace participant would value our reporting units. If we had established different reporting units or utilized different valuation methodologies or assumptions, the impairment test results could differ. To test other indefinite-lived intangible assets for impairment, the Company first performs a qualitative assessment to determine if it is more likely than not that the carrying amount of each of its indefinite-lived intangible assets exceeds its fair value. If it is, a quantitative assessment is required. Alternatively, the Company may bypass the qualitative assessment and perform a quantitative impairment test. The qualitative assessment requires the consideration of factors such as recent market transactions, macroeconomic conditions and changes in projected future cash flows. The quantitative assessment compares the fair value of an indefinite-lived intangible asset to its carrying amount. If the carrying amount of an indefinite-lived intangible asset exceeds its fair value, an impairment loss is recognized for the excess. Fair values of indefinite-lived intangible assets are determined based on discounted cash flows or appraised values, as appropriate. The Company has determined that there are currently no legal, competitive, economic or other factors that materially limit the useful life of our FCC licenses and trademarks, which are our most significant indefinite-lived intangible assets. Finite-lived intangible assets are generally amortized on a straight-line basis over periods of 5 to 40 years. The costs to periodically renew our intangible assets are expensed as incurred. The Company tests long-lived assets, including amortizable intangible assets, for impairment whenever events or changes in circumstances (triggering events) indicate that the carrying amount may not be recoverable. Once a triggering event has occurred, the impairment test employed is based on whether the Company’s intent is to hold the asset for continued use or to hold the asset for sale. The impairment test for assets held for use requires a comparison of the estimated undiscounted future cash flows expected to be generated over the useful life of the significant assets of an asset group to the carrying amount of the asset group. An asset group is generally established by identifying the lowest level of cash flows generated by a group of assets that are largely independent of the cash flows of other assets and could include assets used across multiple businesses. If the carrying amount of an asset group exceeds the estimated undiscounted future cash flows, an impairment would be measured as the difference between the fair value of the asset group and the carrying amount of the asset group. For assets held for sale, to the extent the carrying amount is greater than the asset’s fair value less costs to sell, an impairment loss is recognized for the difference. The Company recorded non-cash impairment charges of $3.0 billion, $0.2 billion and $0.3 billion in fiscal 2023, 2022 and 2021, respectively. The charges are recorded in “Restructuring and impairment charges” in the Consolidated Statements of Income. The fiscal 2023 charges primarily related to content impairments resulting from a strategic change in our approach to content curation ($2.2 billion) and goodwill ($0.7 billion) at our entertainment and international sports linear networks reporting units (see Note 18). The fiscal 2022 charges primarily related to exiting our businesses in Russia. The fiscal 2021 charges primarily related to the closure of an animation studio and a substantial number of our Disney-branded retail stores in North America and Europe. The Company expects its aggregate annual amortization expense for finite-lived intangible assets for fiscal 2024 through 2028 to be as follows: 2024 $ 1,627 2025 1,535 2026 1,042 2027 965 2028 898 |
| Financial Risk Management Contracts | Financial Risk Management Contracts In the normal course of business, the Company employs a variety of financial instruments (derivatives) including interest rate and cross-currency swap agreements and forward and option contracts to manage its exposure to fluctuations in interest rates, foreign currency exchange rates and commodity prices. The Company formally documents all relationships between hedges and hedged items as well as its risk management objectives and strategies for undertaking various hedge transactions. The Company primarily enters into two types of derivatives: hedges of fair value exposure and hedges of cash flow exposure. Hedges of fair value exposure are entered into in order to hedge the fair value of a recognized asset, liability, or a firm commitment. Hedges of cash flow exposure are entered into in order to hedge a forecasted transaction (e.g. forecasted revenue) or the variability of cash flows to be paid or received, related to a recognized liability or asset (e.g. floating-rate debt). The Company designates and assigns the derivatives as hedges of forecasted transactions, specific assets or specific liabilities. When hedged assets or liabilities are sold or extinguished or the forecasted transactions being hedged impact earnings or are no longer expected to occur, the Company recognizes the gain or loss on the designated derivatives. The Company’s hedge positions are measured at fair value on the balance sheet. Realized gains and losses from hedges are classified in the income statement consistent with the accounting treatment of the items being hedged. The Company accrues the differential for interest rate swaps to be paid or received under the agreements as interest rates change as adjustments to interest expense over the lives of the swaps. Gains and losses on the termination of effective swap agreements, prior to their original maturity, are deferred and amortized to interest expense over the remaining term of the underlying hedged transactions. The Company enters into derivatives that are not designated as hedges and do not qualify for hedge accounting. These derivatives are intended to offset certain economic exposures of the Company and are carried at fair value with changes in value recorded in earnings. Cash flows from hedging activities are classified in the Consolidated Statements of Cash Flows under the same category as the cash flows from the related assets, liabilities or forecasted transactions (see Notes 8 and 17). |
| Income Taxes | Income Taxes Deferred income tax assets and liabilities are recorded with respect to temporary differences in the accounting treatment of items for financial reporting purposes and for income tax purposes. Where, based on the weight of available evidence, it is more likely than not that some amount of recorded deferred tax assets will not be realized, a valuation allowance is established for the amount that, in management’s judgment, is sufficient to reduce the deferred tax asset to an amount that is more likely than not to be realized. A tax position must meet a minimum probability threshold before a financial statement benefit is recognized. The minimum threshold is defined as a tax position that is more likely than not to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than zero percent likely of being realized upon ultimate settlement. |
| Redeemable Noncontrolling Interests and Contributions from Noncontrolling Interest Holders | Redeemable Noncontrolling Interests and Contributions from Noncontrolling Interest Holders Hulu LLC The Company consolidates the results of Hulu LLC (Hulu), a DTC streaming service provider, which is owned 67% by the Company and 33% by NBC Universal (NBCU). In May 2019, the Company entered into a put/call agreement with NBCU that provided the Company with full operational control of Hulu. Under the agreement, NBCU has the option to require the Company to purchase NBCU’s interest in Hulu (put right) and the Company has the option to require NBCU to sell its interest in Hulu to the Company (call right) at a redemption value based on NBCU’s equity ownership percentage of the greater of Hulu’s equity fair value or a guaranteed floor value of $27.5 billion. In August 2023, certain provisions under the put/call agreement were amended, including the addition of a November 2023 exercise window for the put/call, which would require assessment of Hulu’s equity fair value as of September 30, 2023. In November 2023, NBCU exercised its put right and the Company is obligated to pay NBCU the minimum value (approximately $9.2 billion based on the guaranteed floor value, less the unpaid capital call contributions payable by NBCU to the Company of $0.6 billion) within 30 days of exercise of the put. In accordance with the valuation procedures, Hulu’s equity fair value is not expected to be determined until sometime in calendar 2024. If Hulu’s equity fair value is determined to be higher than the guaranteed floor value, the Company would be required to pay NBCU’s share of the difference between the equity fair value and the guaranteed floor value at that time. Determining the estimated redemption value requires management to make significant judgments. To the extent the fair value is deemed to exceed the guaranteed floor value, we would recognize NBCU’s share of the additional amount as a charge to “Net income from continuing operations attributable to noncontrolling interests” and thus reduce “Net income attributable to Disney” in the Consolidated Statements of Income. In addition, the Company will share 50% of its tax benefit from the purchase of NBCU’s interest in Hulu with NBCU, which payments are expected to be made primarily over a 15-year period. At September 30, 2023, NBCU’s interest in Hulu is recorded in the Company’s financial statements at $9.1 billion, which is reported as “Redeemable noncontrolling interest” in the Consolidated Balance Sheet. BAMTech LLC In November 2022, the Company purchased MLB’s 15% redeemable noncontrolling interest in BAMTech LLC (BAMTech), which holds the Company’s domestic DTC sports business, for $900 million (MLB buy-out). MLB’s interest was recorded in the Company’s financial statements at $828 million prior to the MLB buy-out. The $72 million difference was recorded as an increase in “Net income from continuing operations attributable to noncontrolling interests” in the Consolidated Statements of Income. During the fiscal year ended 2023, Hearst Corporation (Hearst) contributed $710 million to the domestic DTC sports business, in part to fund its 20% share of the MLB buy-out and in part to fund its share of the domestic DTC sports business’s operating cash requirements, which had been funded by the Company through intercompany loans. |
| Earnings Per Share | Earnings Per Share The Company presents both basic and diluted earnings per share (EPS) amounts. Basic EPS is calculated by dividing net income attributable to Disney by the weighted average number of common shares outstanding during the year. Diluted EPS is based upon the weighted average number of common and common equivalent shares outstanding during the year, which is calculated using the treasury-stock method for equity-based awards (Awards). Common equivalent shares are excluded from the computation in periods for which they have an anti-dilutive effect. Stock options for which the exercise price exceeds the average market price over the period are anti-dilutive and, accordingly, are excluded from the calculation. A reconciliation of the weighted average number of common and common equivalent shares outstanding and the number of Awards excluded from the diluted earnings per share calculation, as they were anti-dilutive, are as follows: 2023 2022 2021 Weighted average number of common and common equivalent shares outstanding (basic) 1,828 1,822 1,816 Weighted average dilutive impact of Awards 2 5 12 Weighted average number of common and common equivalent shares outstanding (diluted) 1,830 1,827 1,828 Awards excluded from diluted earnings per share 24 15 4 |
Description of the Business a_2
| Description of the Business and Segment Information (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Financial Information by Operating Segments | Segment revenues and segment operating income are as follows: 2023 2022 2021 Revenues Entertainment Third parties $ 40,258 $ 39,231 $ 36,155 Intersegment 377 338 334 40,635 39,569 36,489 Sports Third parties 16,091 16,429 15,302 Intersegment 1,020 841 658 17,111 17,270 15,960 Experiences 32,549 28,085 15,961 Eliminations (1,397) (1,179) (992) Total segment revenues $ 88,898 $ 83,745 $ 67,418 Segment operating income (loss) Entertainment $ 1,444 $ 2,126 $ 5,196 Sports 2,465 2,710 2,690 Experiences 8,954 7,285 (120) Total segment operating income (1) $ 12,863 $ 12,121 $ 7,766 (1) Equity in the income of investees is included in segment operating income as follows: 2023 2022 2021 Entertainment $ 685 $ 783 $ 744 Sports 55 55 51 Experiences (2) (10) (19) Equity in the income of investees included in segment operating income 738 828 776 A+E Gain (1) 56 — — Amortization of TFCF intangible assets related to equity investees (12) (12) (15) Equity in the income of investees $ 782 $ 816 $ 761 (1) Restructuring and impairment charges include the impact of a content license agreement termination with A+E, which generated a gain at A+E. The Company’s 50% interest of this gain was $56 million (A+E gain). |
| Reconciliation of Revenue from Segments to Consolidated | A reconciliation of segment revenues to total revenues is as follows: 2023 2022 2021 Segment revenues $ 88,898 $ 83,745 $ 67,418 Content License Early Termination (1) — (1,023) — Total revenues $ 88,898 $ 82,722 $ 67,418 (1) In fiscal 2022, the Company early terminated certain license agreements with a customer for film and episodic content, which was delivered in previous years, in order for the Company to use the content primarily on our Entertainment Direct-to-Consumer services (Content License Early Termination). Because the content is functional IP, we had recognized substantially all of the consideration to be paid by the customer under the licenses as revenue in prior years when the content was delivered. Consequently, we have recorded the amounts to terminate the license agreements, net of remaining amounts of deferred revenue, as a reduction of revenue. |
| Reconciliation of Segment Operating Income to Income before Income Taxes | A reconciliation of segment operating income to income from continuing operations before income taxes is as follows: 2023 2022 2021 Segment operating income $ 12,863 $ 12,121 $ 7,766 Content License Early Termination — (1,023) — Corporate and unallocated shared expenses (1,147) (1,159) (928) Restructuring and impairment charges (1) (3,836) (237) (654) Other income (expense), net 96 (667) 201 Interest expense, net (1,209) (1,397) (1,406) TFCF and Hulu acquisition amortization (2) (1,998) (2,353) (2,418) Income from continuing operations before income taxes $ 4,769 $ 5,285 $ 2,561 (1) Net of the A+E Gain. (2) TFCF and Hulu acquisition amortization is as follows: 2023 2022 2021 Amortization of intangible assets $ 1,547 $ 1,707 $ 1,757 Step-up of film and episodic costs 439 634 646 Intangibles related to TFCF equity investees 12 12 15 $ 1,998 $ 2,353 $ 2,418 |
| Capital Expenditures, Depreciation and Amortization by Segment | Capital expenditures, depreciation expense and amortization expense are as follows: Capital expenditures 2023 2022 2021 Entertainment $ 1,032 $ 802 $ 838 Sports 15 8 24 Experiences Domestic 2,203 2,680 1,597 International 822 767 675 Corporate 897 686 444 Total capital expenditures $ 4,969 $ 4,943 $ 3,578 Depreciation expense Entertainment $ 669 $ 560 $ 513 Sports 73 90 100 Experiences Domestic 2,011 1,680 1,551 International 669 662 718 Amounts included in segment operating income 2,680 2,342 2,269 Corporate 204 191 186 Total depreciation expense $ 3,626 $ 3,183 $ 3,068 Amortization of intangible assets Entertainment $ 87 $ 164 $ 174 Sports — — 4 Experiences 109 109 108 Amounts included in segment operating income 196 273 286 TFCF and Hulu 1,547 1,707 1,757 Total amortization of intangible assets $ 1,743 $ 1,980 $ 2,043 |
| Indentifiable Assets by Segment | Identifiable assets, including equity method investments (1) and intangible assets, (2) are as follows: September 30, 2023 October 1, 2022 Entertainment $ 113,307 $ 117,184 Sports 25,402 24,988 Experiences 42,808 41,969 Corporate (primarily fixed asset and cash and cash equivalents) 24,062 19,490 Total consolidated assets $ 205,579 203,631 (1) Equity method investments included in identifiable assets by segment are as follows: September 30, 2023 October 1, 2022 Entertainment $ 2,433 $ 2,449 Sports 213 184 Experiences — 2 Corporate 42 43 $ 2,688 $ 2,678 (2) Intangible assets, which include character/franchise intangibles, copyrights, trademarks, MVPD agreements and FCC licenses (see Note 13), included in identifiable assets by segment are as follows: September 30, 2023 October 1, 2022 Entertainment $ 8,556 $ 9,829 Sports 1,767 2,152 Experiences 2,718 2,836 Corporate 20 20 $ 13,061 $ 14,837 |
| Schedule of Revenue and Operating Income by Geographic Market | The following table presents our revenues and segment operating income by geographical markets: 2023 2022 2021 Revenues Americas $ 71,205 $ 68,218 $ 54,157 Europe 9,533 8,680 6,690 Asia Pacific 8,160 6,847 6,571 $ 88,898 $ 83,745 $ 67,418 Content License Early Termination (1,023) $ 82,722 Segment operating income Americas $ 10,779 $ 11,099 $ 6,314 Europe 856 586 800 Asia Pacific 1,228 436 652 $ 12,863 $ 12,121 $ 7,766 |
| Long-lived Assets by Geographic Markets | Long-lived assets (1) by geographical markets are as follows: September 30, 2023 October 1, 2022 Americas $ 148,567 $ 150,786 Europe 9,895 8,739 Asia Pacific 10,244 10,976 $ 168,706 $ 170,501 (1) Long-lived assets are total assets less: current assets, long-term receivables, deferred taxes, financial investments and the fair value of derivative instruments. |
| Changes in Carrying Amount of Goodwill | The changes in the carrying amount of goodwill are as follows: DMED Experiences Entertainment Sports Total Balance at Oct. 2, 2021 $ 72,521 $ 5,550 $ — $ — $ 78,071 Currency translation adjustments and other, net (174) — — — (174) Balance at Oct. 1, 2022 72,347 5,550 — — 77,897 Segment recast (1) (72,347) — 55,488 16,859 — Goodwill impairment (2) — — (425) (296) (721) Currency translation adjustments and other, net — — (32) (77) (109) Balance at Sep. 30, 2023 $ — $ 5,550 $ 55,031 $ 16,486 $ 77,067 (1) Reflects the reallocation of goodwill as a result of the Company recasting its segments from the strategic reorganization during fiscal 2023. (2) Reflects goodwill impairments at entertainment and international sports linear networks (See Note 18). |
Summary of Significant Accoun_3
| Summary of Significant Accounting Policies (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Accounting Policies [Abstract] | |
| Reconciliation of Cash, Cash Equivalents and Restricted Cash | The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Consolidated Balance Sheet to the total of the amounts in the Consolidated Statements of Cash Flows. September 30, 2023 October 1, 2022 October 2, 2021 Cash and cash equivalents $ 14,182 $ 11,615 $ 15,959 Restricted cash included in: Other current assets — 3 3 Other assets 53 43 41 Total cash, cash equivalents and restricted cash in the statement of cash flows $ 14,235 $ 11,661 $ 16,003 |
| Depreciation Computed on Straight-Line Method Over Estimated Useful Lives | Depreciation is computed on the straight-line method, generally over estimated useful lives as follows: Attractions, buildings and improvements 20 – 40 years Furniture, fixtures and equipment 3 – 25 years Land improvements 20 – 40 years Leasehold improvements Life of lease or asset life if less |
| Expected Aggregate Annual Amortization Expense for Existing Amortizable Intangible Assets | The Company expects its aggregate annual amortization expense for finite-lived intangible assets for fiscal 2024 through 2028 to be as follows: 2024 $ 1,627 2025 1,535 2026 1,042 2027 965 2028 898 |
| Reconciliation of Weighted Average Number of Common and Common Equivalent Shares Outstanding and Number of Awards Excluded from Diluted Earnings Per Share Calculation | A reconciliation of the weighted average number of common and common equivalent shares outstanding and the number of Awards excluded from the diluted earnings per share calculation, as they were anti-dilutive, are as follows: 2023 2022 2021 Weighted average number of common and common equivalent shares outstanding (basic) 1,828 1,822 1,816 Weighted average dilutive impact of Awards 2 5 12 Weighted average number of common and common equivalent shares outstanding (diluted) 1,830 1,827 1,828 Awards excluded from diluted earnings per share 24 15 4 |
Revenues (Tables)
| Revenues (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Revenue from Contract with Customer [Abstract] | |
| Disaggregation of Revenue by Major Source | The following table presents our revenues by segment and major source: 2023 Entertainment Sports Experiences Eliminations Total Affiliate fees $ 7,369 $ 10,590 $ — $ (1,084) $ 16,875 Subscription fees 16,420 1,517 — — 17,937 Advertising 7,594 3,920 4 — 11,518 Theme park admissions — — 10,423 — 10,423 Resort and vacations — — 7,949 — 7,949 Retail and wholesale sales of merchandise, food and beverage — — 8,921 — 8,921 Merchandise licensing 619 — 2,509 — 3,128 TV/VOD distribution licensing 2,645 347 — — 2,992 Theatrical distribution licensing 3,174 — — — 3,174 Home entertainment 931 — — — 931 Other 1,883 737 2,743 (313) 5,050 $ 40,635 $ 17,111 $ 32,549 $ (1,397) $ 88,898 2022 Entertainment Sports Experiences Eliminations and Other Total Affiliate fees $ 7,739 $ 10,796 $ — $ (1,010) $ 17,525 Subscription fees 14,178 1,113 — — 15,291 Advertising 8,674 4,370 4 — 13,048 Theme park admissions — — 8,602 — 8,602 Resort and vacations — — 6,410 — 6,410 Retail and wholesale sales of merchandise, food and beverage — — 7,838 — 7,838 Merchandise licensing 620 — 3,349 — 3,969 TV/VOD distribution licensing 3,551 351 — (1,023) 2,879 Theatrical distribution licensing 1,875 — — — 1,875 Home entertainment 1,083 — — — 1,083 Other 1,849 640 1,882 (169) 4,202 $ 39,569 $ 17,270 $ 28,085 $ (2,202) $ 82,722 2021 Entertainment Sports Experiences Eliminations Total Affiliate fees $ 8,043 $ 10,609 $ — $ (892) $ 17,760 Subscription fees 11,295 725 — — 12,020 Advertising 8,705 3,720 4 — 12,429 Theme park admissions — — 3,848 — 3,848 Resort and vacations — — 2,701 — 2,701 Retail and wholesale sales of merchandise, food and beverage — — 4,957 — 4,957 Merchandise licensing 603 — 2,995 — 3,598 TV/VOD distribution licensing 4,366 429 — — 4,795 Theatrical distribution licensing 920 — — — 920 Home entertainment 1,297 — — — 1,297 Other 1,260 477 1,456 (100) 3,093 $ 36,489 $ 15,960 $ 15,961 $ (992) $ 67,418 |
| Disaggregation of Revenue by Geographical Markets | The following table presents our revenues by segment and primary geographical markets: 2023 Entertainment Sports Experiences Eliminations Total Americas $ 31,414 $ 16,000 $ 25,188 $ (1,397) $ 71,205 Europe 5,475 370 3,688 — 9,533 Asia Pacific 3,746 741 3,673 — 8,160 $ 40,635 $ 17,111 $ 32,549 $ (1,397) $ 88,898 2022 Entertainment Sports Experiences Eliminations Total Americas $ 30,841 $ 15,666 $ 22,890 $ (1,179) $ 68,218 Europe 5,098 396 3,186 — 8,680 Asia Pacific 3,630 1,208 2,009 — 6,847 $ 39,569 $ 17,270 $ 28,085 $ (1,179) 83,745 Content License Early Termination (1,023) $ 82,722 2021 Entertainment Sports Experiences Eliminations Total Americas 28,469 $ 14,533 $ 12,147 $ (992) $ 54,157 Europe 4,836 346 1,508 — 6,690 Asia Pacific 3,184 1,081 2,306 — 6,571 $ 36,489 $ 15,960 $ 15,961 $ (992) $ 67,418 |
| Contract with Customer, Asset and Liability | Accounts receivable and deferred revenues from contracts with customers are as follows: September 30, October 1, Accounts Receivable Current $ 10,279 $ 10,886 Non-current 1,212 1,226 Allowance for credit losses (154) (179) Deferred revenues Current 5,568 5,531 Non-current 977 927 |
Other Income , Net (Tables)
| Other Income , Net (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Other Income and Expenses [Abstract] | |
| Other income (expense), net | Other income (expense), net is as follows: 2023 2022 2021 DraftKings gain (loss) $ 169 $ (663) $ (111) fuboTV gain — — 186 German FTA gain — — 126 Other, net (73) (4) — Other income (expense), net $ 96 $ (667) $ 201 |
Investments (Tables)
| Investments (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Investments [Abstract] | |
| Investments | Investments consist of the following: September 30, October 1, Investments, equity basis $ 2,688 $ 2,678 Investments, other 392 540 $ 3,080 $ 3,218 |
International Theme Parks (Tabl
| International Theme Parks (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Consolidating Balance Sheets | |
| Impact of Consolidating Financial Statements of International Theme Parks | The following table summarizes the carrying amounts of the Asia Theme Parks’ assets and liabilities included in the Company’s Consolidated Balance Sheet: September 30, 2023 October 1, 2022 Cash and cash equivalents $ 504 $ 280 Other current assets 159 137 Total current assets 663 417 Parks, resorts and other property 6,150 6,356 Other assets 234 161 Total assets $ 7,047 $ 6,934 Current liabilities $ 720 $ 468 Long-term borrowings 1,308 1,426 Other long-term liabilities 392 395 Total liabilities $ 2,420 $ 2,289 |
| Consolidating Income Statements | |
| Impact of Consolidating Financial Statements of International Theme Parks | The following table summarizes the International Theme Parks’ revenues and costs and expenses included in the Company’s Consolidated Statements of Income for fiscal 2023: Revenues $ 5,095 Costs and expenses (4,265) Equity in the loss of investees (2) |
Produced and Acquired_License_2
| Produced and Acquired/Licensed Content Costs and Advances (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Other Industries [Abstract] | |
| Balances of Produced and Licensed Content Costs | Total capitalized produced and licensed content by predominant monetization strategy is as follows: As of September 30, 2023 As of October 1, 2022 Predominantly Monetized Individually Predominantly Total Predominantly Monetized Individually Predominantly Total Produced content Released, less amortization $ 4,968 $ 13,555 $ 18,523 $ 4,639 $ 12,688 $ 17,327 Completed, not released 70 1,786 1,856 214 2,019 2,233 In-process 3,331 6,120 9,451 5,041 6,793 11,834 In development or pre-production 279 133 412 372 254 626 $ 8,648 $ 21,594 30,242 $ 10,266 $ 21,754 32,020 Licensed content - Television Programming rights and advances 6,351 5,647 Total produced and licensed content $ 36,593 $ 37,667 Current portion $ 3,002 $ 1,890 Non-current portion $ 33,591 $ 35,777 |
| Amortization of Produced and Licensed Content Costs | Amortization of produced and licensed content is as follows: 2023 2022 2021 Produced content Predominantly monetized individually $ 3,999 $ 3,448 $ 2,947 Predominantly monetized as a group 7,862 6,776 5,228 11,861 10,224 8,175 Licensed programming rights and advances 13,405 13,432 12,784 Total produced and licensed content costs (1) $ 25,266 $ 23,656 $ 20,959 (1) Primarily included in “Costs of services” in the Consolidated Statements of Income. Fiscal 2023 amounts exclude impairment charges of $2.0 billion for produced content and $257 million for licensed programming rights recorded in “Restructuring and impairment charges” in the Consolidated Statements of Income (see Note 18). |
| Expected Amortization of Produced and Licensed Content | Total expected amortization by fiscal year of completed (released and not released) produced, licensed and acquired film and television library content on the balance sheet as of September 30, 2023 is as follows: Predominantly Monetized Individually Predominantly Total Produced content Released 2024 $ 1,069 $ 3,257 $ 4,326 2025 600 2,055 2,655 2026 506 1,632 2,138 Completed, not released 2024 36 794 830 Licensed content - Programming rights and advances 2024 $ 4,202 2025 785 2026 495 |
Borrowings (Tables)
| Borrowings (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Debt Disclosure [Abstract] | |
| Borrowings including Impact of Interest Rate Swaps Designated as Hedges | The Company’s borrowings, including the impact of interest rate and cross-currency swaps, are summarized as follows: September 30, 2023 Sep. 30, 2023 Oct. 1, 2022 Stated Interest Rate (1) Pay Floating Interest rate and Cross- Currency Swaps (2) Effective Interest Rate (3) Swap Commercial paper $ 1,476 $ 1,662 — $ — 5.62% U.S. dollar denominated notes (4) 43,504 45,091 4.03% 11,625 4.90% 2024-2031 Foreign currency denominated debt 1,872 1,844 2.92% 1,878 4.99% 2025-2027 Other (5) (1,729) (1,653) — 45,123 46,944 3.85% 13,503 4.92% Asia Theme Parks borrowings 1,308 1,425 1.86% — 5.90% Total borrowings 46,431 48,369 3.94% 13,503 4.95% Less current portion 4,330 3,070 2.35% — 5.12% Total long-term borrowings $ 42,101 $ 45,299 $ 13,503 (1) The stated interest rate represents the weighted-average coupon rate for each category of borrowings. For floating-rate borrowings, interest rates are the rates in effect at September 30, 2023; these rates are not necessarily an indication of future interest rates. (2) Amounts represent notional values of interest rate and cross-currency swaps outstanding as of September 30, 2023. (3) The effective interest rate includes the impact of existing and terminated interest rate and cross-currency swaps, purchase accounting adjustments and debt issuance premiums, discounts and costs. (4) Includes net debt issuance discounts, costs and purchase accounting adjustments totaling a net premium of $1.8 billion and $1.9 billion at September 30, 2023 and October 1, 2022, respectively. (5) Includes market value adjustments for debt with qualifying hedges, which reduces borrowings by $1.8 billion and $1.7 billion at September 30, 2023 and October 1, 2022, respectively. |
| Schedule of Commercial Paper | At September 30, 2023, the Company’s bank facilities, which are with a syndicate of lenders and support our commercial paper borrowings, were as follows: Committed Capacity Unused Facility expiring March 2024 $ 5,250 $ — $ 5,250 Facility expiring March 2025 3,000 — 3,000 Facility expiring March 2027 4,000 — 4,000 Total $ 12,250 $ — $ 12,250 |
| Commercial Paper Activity | Commercial paper activity is as follows: Commercial paper with original maturities less than three months, net (1) Commercial paper with original maturities greater than three months Total Balance at Oct. 2, 2021 $ — $ 1,992 $ 1,992 Additions 50 2,417 2,467 Payments — (2,801) (2,801) Other Activity — 4 4 Balance at Oct. 1, 2022 $ 50 $ 1,612 $ 1,662 Additions 238 3,603 3,841 Payments — (4,032) (4,032) Other Activity 1 4 5 Balance at Sep. 30, 2023 $ 289 $ 1,187 $ 1,476 (1) Borrowings and reductions of borrowings are reported net. |
| Total Borrowings Excluding Market Value Adjustments, Scheduled Maturities | The following table provides total borrowings, excluding market value adjustments and debt issuance premiums, discounts and costs, by scheduled maturity date as of September 30, 2023. The table also provides the estimated interest payments on these borrowings as of September 30, 2023 although actual future payments will differ for floating-rate borrowings: Borrowings Fiscal Year: Before Asia Theme Parks Consolidation Asia Total Borrowings Interest Total Borrowings and Interest 2024 $ 4,369 $ 13 $ 4,382 $ 1,733 $ 6,115 2025 3,619 109 3,728 1,626 5,354 2026 4,578 — 4,578 1,616 6,194 2027 2,921 — 2,921 1,506 4,427 2028 1,599 — 1,599 1,502 3,101 Thereafter 28,018 1,186 29,204 16,935 46,139 $ 45,104 $ 1,308 $ 46,412 $ 24,918 $ 71,330 |
| Interest Income and Interest Expense Disclosure | Interest expense (net of amounts capitalized), interest and investment income, and net periodic pension and postretirement benefit costs (other than service costs) (see Note 10) are reported net in the Consolidated Statements of Income and consist of the following: 2023 2022 2021 Interest expense $ (1,973) $ (1,549) $ (1,546) Interest and investment income 424 90 307 Net periodic pension and postretirement benefit costs (other than service costs) 340 62 (167) Interest expense, net $ (1,209) $ (1,397) $ (1,406) |
Income Taxes (Tables)
| Income Taxes (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Income Tax Disclosure [Abstract] | |
| (Loss) Income Before Income Taxes | Income Before Income Taxes 2023 2022 2021 Domestic subsidiaries (including U.S. exports) $ 3,086 $ 5,955 $ 5,241 Foreign subsidiaries 1,683 (670) (2,680) Total income from continuing operations 4,769 5,285 2,561 Loss from discontinued operations — (62) (38) $ 4,769 $ 5,223 $ 2,523 |
| Income Tax Expense (Benefit) | Income Tax Expense (Benefit) Current 2023 2022 2021 Federal $ 1,475 $ 436 $ 594 State 402 282 129 Foreign (1) 867 846 554 2,744 1,564 1,277 Deferred Federal (1,180) 407 (526) State 4 26 (220) Foreign (189) (265) (506) (1,365) 168 (1,252) Income tax expense on income from continuing operations 1,379 1,732 25 Income tax expense on loss from discontinued operations — (14) (9) $ 1,379 $ 1,718 $ 16 (1) Includes foreign withholding taxes. |
| Schedule of Deferred Tax Assets and Liabilities | Components of Deferred Tax (Assets) and Liabilities September 30, 2023 October 1, 2022 Deferred tax assets Net operating losses and tax credit carryforwards (1) $ (3,841) $ (3,527) Accrued liabilities (1,335) (1,570) Lease liabilities (852) (748) Licensing revenues (115) (124) Other (623) (819) Total deferred tax assets (6,766) (6,788) Deferred tax liabilities Depreciable, amortizable and other property 7,581 8,575 Investment in U.S. entities 1,271 1,798 Right-of-use lease assets 751 676 Investment in foreign entities 482 543 Other 81 64 Total deferred tax liabilities 10,166 11,656 Net deferred tax liability before valuation allowance 3,400 4,868 Valuation allowance 3,187 2,859 Net deferred tax liability $ 6,587 $ 7,727 (1) Balances at September 30, 2023 and October 1, 2022 include approximately $1.6 billion and $1.5 billion, respectively, of International Theme Park net operating losses and approximately $1.0 billion at both September 30, 2023 and October 1, 2022 of foreign tax credits in the U.S. The International Theme Park net operating losses are primarily in France and, to a lesser extent, Hong Kong and China. Losses in France and Hong Kong have an indefinite carryforward period and losses in China have a five-year carryforward period. China theme park net operating losses of $0.2 billion, if not used, expire between fiscal 2024 and fiscal 2028. Foreign tax credits in the U.S. have a ten-year carryforward period. Foreign tax credits of $1.0 billion, if not used, expire beginning in fiscal 2028. |
| Summary of Valuation Allowance | The following table details the change in valuation allowance for fiscal 2023, 2022 and 2021 (in billions): Balance at Beginning of Period Charges to Tax Expense Other Changes Balance at End of Period Year ended September 30, 2023 $ 2.9 $ 0.2 $ 0.1 $ 3.2 Year ended October 1, 2022 2.8 0.4 (0.3) 2.9 Year ended October 2, 2021 2.4 0.4 — 2.8 |
| Reconciliation of Effective Income Tax Rate to Federal Rate | 2023 2022 2021 Federal income tax rate 21.0 % 21.0 % 21.0 % State taxes, net of federal benefit (1) 5.8 3.1 1.9 Tax rate differential on foreign income 0.1 4.3 12.0 Foreign derived intangible income (4.3) (3.4) (6.4) Tax impact of equity awards 2.1 — (5.3) Legislative changes — 1.7 (12.2) Income tax audits and reserves 1.3 2.7 (4.8) Goodwill impairment 3.5 — — Valuation allowance (1.8) 4.5 2.6 Other 1.2 (1.1) (7.8) 28.9 % 32.8 % 1.0 % |
| Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits, Excluding Related Accrual for Interest | A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, excluding the related accrual for interest and penalties, is as follows: 2023 2022 2021 Balance at the beginning of the year $ 2,449 $ 2,641 $ 2,740 Increases for current year tax positions 98 48 51 Increases for prior year tax positions 273 103 556 Decreases in prior year tax positions (150) (108) (174) Settlements with taxing authorities (153) (235) (532) Balance at the end of the year $ 2,517 $ 2,449 $ 2,641 |
Pension and Other Benefit Pro_2
| Pension and Other Benefit Programs (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Retirement Benefits [Abstract] | |
| Benefit Obligations, Assets, Funded Status and Balance Sheet Impacts Associated with Pension and Postretirement Medical Benefit Plans based upon Actuarial Valuations | The following chart summarizes the benefit obligations, assets, funded status and balance sheet impacts associated with the defined benefit pension and postretirement medical benefit plans: Pension Plans Postretirement Medical Plans September 30, October 1, September 30, October 1, Projected benefit obligations Beginning obligations $ (15,028) $ (20,955) $ (1,539) $ (2,121) Service cost (282) (400) (5) (9) Interest cost (784) (500) (81) (51) Actuarial gain (1) 757 6,159 59 595 Plan amendments and other (2) 14 39 539 (16) Benefits paid 633 629 66 63 Ending obligations $ (14,690) $ (15,028) $ (961) $ (1,539) Fair value of plans’ assets Beginning fair value $ 14,721 $ 18,076 $ 749 $ 889 Actual return on plan assets 1,324 (2,715) 71 (134) Contributions 73 96 29 61 Benefits paid (633) (629) (66) (63) Expenses and other (43) (107) (2) (4) Ending fair value $ 15,442 $ 14,721 $ 781 $ 749 Overfunded (Underfunded) status of the plans $ 752 $ (307) $ (180) $ (790) Amounts recognized in the balance sheet Non-current assets $ 1,971 $ 913 $ 209 $ — Current liabilities (72) (66) (2) (4) Non-current liabilities (1,147) (1,154) (387) (786) $ 752 $ (307) $ (180) $ (790) (1) The actuarial gain for fiscal 2022 was due to an increase in the discount rate used to determine the fiscal year-end benefit obligation from the rate that was used in the preceding fiscal year. (2) The decrease in fiscal 2023 was due to a change in postretirement medical benefit options. |
| Net Periodic Benefit Cost | The components of net periodic benefit cost (benefit) are as follows: Pension Plans Postretirement Medical Plans 2023 2022 2021 2023 2022 2021 Service cost $ 282 $ 400 $ 434 $ 5 $ 9 $ 10 Other costs (benefits): Interest cost 784 500 457 81 51 47 Expected return on plan assets (1,149) (1,174) (1,100) (61) (59) (55) Amortization of prior-year service costs 8 7 11 — — — Recognized net actuarial loss/(gain) 19 585 777 (22) 28 30 Total other costs (benefit) (338) (82) 145 (2) 20 22 Net periodic benefit cost (benefit) $ (56) $ 318 $ 579 $ 3 $ 29 $ 32 |
| Key Assumptions | Key assumptions are as follows: Pension Plans Postretirement Medical Plans 2023 2022 2021 2023 2022 2021 Discount rate used to determine the fiscal year‑end benefit obligation 5.94 % 5.44 % 2.88 % 5.94 % 5.47 % 2.89 % Discount rate used to determine the interest cost component of net periodic benefit cost 5.37 % 2.45 % 2.28 % 5.38 % 2.47 % 2.28 % Rate of return on plan assets 7.00 % 7.00 % 7.00 % 7.00 % 7.00 % 7.00 % Weighted average rate of compensation increase to determine the fiscal year‑end benefit obligation 3.10 % 3.10 % 3.10 % n/a n/a n/a Year 1 increase in cost of benefits n/a n/a n/a 7.00 % 7.00 % 7.00 % Rate of increase to which the cost of benefits is assumed to decline (the ultimate trend rate) n/a n/a n/a 4.00 % 4.00 % 4.00 % Year that the rate reaches the ultimate trend rate n/a n/a n/a 2042 2041 2040 |
| Accumulated Other Comprehensive Loss, Before Tax, Not yet Recognized in Net Periodic Benefit Cost | AOCI, before tax, as of September 30, 2023 consists of the following amounts that have not yet been recognized in net periodic benefit cost: Pension Plans Postretirement Total Prior service costs (benefits) $ 15 $ (556) $ (541) Net actuarial loss (gain) 2,929 (137) 2,792 Total amounts included in AOCI 2,944 (693) 2,251 Prepaid (accrued) pension cost (3,696) 873 (2,823) Net balance sheet liability (asset) $ (752) $ 180 $ (572) |
| Plan Assets Investment Policy Ranges for Major Asset Classes | The investment policy ranges for the major asset classes are as follows: Asset Class Minimum Maximum Equity investments 30% 60% Fixed income investments 20% 40% Alternative investments 10% 30% Cash & money market funds —% 10% |
| Defined Benefit Plan Assets Measured at Fair Value | The Company’s defined benefit plan assets are summarized by level in the following tables: As of September 30, 2023 Description Level 1 Level 2 Total Plan Asset Mix Cash $ 68 $ — $ 68 —% Common and preferred stocks (1) 3,517 — 3,517 22% Mutual funds 1,139 — 1,139 7% Government and federal agency bonds, notes and MBS 2,025 442 2,467 15% Corporate bonds — 750 750 4% Other mortgage- and asset-backed securities — 120 120 1% Derivatives and other, net — 12 12 —% Total investments in the fair value hierarchy $ 6,749 $ 1,324 8,073 Assets valued at NAV as a practical expedient: Common collective funds 3,517 22% Alternative investments 4,352 27% Money market funds and other 281 2% Total investments at fair value $ 16,223 100% As of October 1, 2022 Description Level 1 Level 2 Total Plan Asset Mix Cash $ 177 $ — $ 177 1% Common and preferred stocks (1) 3,118 — 3,118 20% Mutual funds 1,044 — 1,044 7% Government and federal agency bonds, notes and MBS 2,061 293 2,354 15% Corporate bonds — 751 751 5% Other mortgage- and asset-backed securities — 84 84 1% Derivatives and other, net 2 13 15 —% Total investments in the fair value hierarchy $ 6,402 $ 1,141 7,543 Assets valued at NAV as a practical expedient: Common collective funds 3,479 22% Alternative investments 4,208 27% Money market funds and other 240 2% Total investments at fair value $ 15,470 100% (1) Includes 2.9 million shares of Company common stock valued at $235 million (1% of total plan assets) and 2.9 million shares valued at $273 million (2% of total plan assets) at September 30, 2023 and October 1, 2022, respectively. |
| Estimated Future Benefit Payments | The following table presents estimated future benefit payments for the next ten fiscal years: Pension Postretirement Medical Plans (1) 2024 $ 768 $ 56 2025 776 55 2026 822 59 2027 866 62 2028 911 64 2029 – 2033 5,132 356 (1) Estimated future benefit payments are net of expected Medicare subsidy receipts of $39 million. |
| Long Term Rates of Return by Asset Class | The following long-term rates of return by asset class were considered in setting the long-term rate of return on plan assets assumption: Equity Securities 6 % to 10 % Debt Securities 3 % to 5 % Alternative Investments 6 % to 11 % |
| One Percentage Point (ppt) Change on Projected Benefit Obligations | A one percentage point change in the discount rate and expected long-term rate of return on plan assets would have the following effects on the projected benefit obligations for pension and postretirement medical plans as of September 30, 2023 and on cost for fiscal 2024: Discount Rate Expected Long-Term Increase (decrease) Benefit Projected Benefit Obligations Benefit 1 percentage point decrease $ 201 $ 2,038 $ 170 1 percentage point increase (45) (1,798) (170) |
| Contribution into Multiemployer Pension Plans and Health and Welfare Plans | The following table sets forth our contributions to multiemployer pension and health and welfare benefit plans: 2023 2022 2021 Pension plans $ 316 $ 402 $ 289 Health & welfare plans 299 401 272 Total contributions $ 615 $ 803 $ 561 |
Equity (Tables)
| Equity (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Equity [Abstract] | |
| Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax | The following table summarizes the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts: Market Value Unrecognized Foreign AOCI AOCI, before tax Balance at October 3, 2020 $ (191) $ (9,423) $ (1,088) $ (10,702) Unrealized gains (losses) arising during the period 70 1,582 41 1,693 Reclassifications of net (gains) losses to net income (31) 816 — 785 Balance at October 2, 2021 $ (152) $ (7,025) $ (1,047) $ (8,224) Unrealized gains (losses) arising during the period 1,098 2,635 (967) 2,766 Reclassifications of net (gains) losses to net income (142) 620 — 478 Balance at October 1, 2022 $ 804 $ (3,770) $ (2,014) $ (4,980) Unrealized gains (losses) arising during the period (101) 1,594 (2) 1,491 Reclassifications of net (gains) losses to net income (444) 4 42 (398) Balance at September 30, 2023 $ 259 $ (2,172) $ (1,974) $ (3,887) Market Value Unrecognized Foreign AOCI Tax on AOCI Balance at October 3, 2020 $ 40 $ 2,201 $ 139 $ 2,380 Unrealized gains (losses) arising during the period (8) (358) (50) (416) Reclassifications of net (gains) losses to net income 10 (190) — (180) Balance at October 2, 2021 $ 42 $ 1,653 $ 89 $ 1,784 Unrealized gains (losses) arising during the period (254) (608) 50 (812) Reclassifications of net (gains) losses to net income 33 (144) — (111) Balance at October 1, 2022 $ (179) $ 901 $ 139 $ 861 Unrealized gains (losses) arising during the period 12 (384) 17 (355) Reclassifications of net (gains) losses to net income 103 — (14) 89 Balance at September 30, 2023 $ (64) $ 517 $ 142 $ 595 Market Value Unrecognized Foreign AOCI AOCI, after tax Balance at October 3, 2020 $ (151) $ (7,222) $ (949) $ (8,322) Unrealized gains (losses) arising during the period 62 1,224 (9) 1,277 Reclassifications of net (gains) losses to net income (21) 626 — 605 Balance at October 2, 2021 $ (110) $ (5,372) $ (958) $ (6,440) Unrealized gains (losses) arising during the period 844 2,027 (917) 1,954 Reclassifications of net (gains) losses to net income (109) 476 — 367 Balance at October 1, 2022 $ 625 $ (2,869) $ (1,875) $ (4,119) Unrealized gains (losses) arising during the period (89) 1,210 15 1,136 Reclassifications of net (gains) losses to net income (341) 4 28 (309) Balance at September 30, 2023 $ 195 $ (1,655) $ (1,832) $ (3,292) |
| Details of AOCI Reclassified to Net Income | Details about AOCI components reclassified to net income are as follows: Gains (losses) in net income: Affected line item in the Consolidated Statements of Operations: 2023 2022 2021 Market value adjustments, primarily cash flow hedges Primarily revenue $ 444 $ 142 $ 31 Estimated tax Income taxes (103) (33) (10) 341 109 21 Pension and postretirement medical expense Interest expense, net (4) (620) (816) Estimated tax Income taxes — 144 190 (4) (476) (626) Foreign currency translation and other Other income (expense), net (42) — — Estimated tax Income taxes 14 — — (28) — — Total reclassifications for the period $ 309 $ (367) $ (605) |
Equity-Based Compensation (Tabl
| Equity-Based Compensation (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Share-Based Payment Arrangement [Abstract] | |
| Weighted Average Assumptions used in Option-Valuation Model | The weighted average assumptions used in the option-valuation model were as follows: 2023 2022 2021 Risk-free interest rate 3.6% 1.6% 1.2% Expected volatility 31% 28% 30% Dividend yield —% —% 0.03% Termination rate 5.9% 5.8% 5.8% Exercise multiple 1.98 1.98 1.83 |
| Impact of Stock Options and Restricted Stock Units on Income | Compensation expense related to stock options and RSUs is as follows: 2023 2022 2021 Stock option $ 76 $ 88 $ 95 RSUs 1,067 889 505 Total equity-based compensation expense (1) 1,143 977 600 Tax impact (260) (221) (136) Reduction in net income $ 883 $ 756 $ 464 Equity-based compensation expense capitalized during the period $ 145 $ 148 $ 112 (1) Equity-based compensation expense is net of capitalized equity-based compensation and estimated forfeitures and excludes amortization of previously capitalized equity-based compensation costs. |
| Information about Stock Option Transactions | The following table summarizes information about stock option transactions in fiscal 2023 (shares in millions): Shares Weighted Outstanding at beginning of year 18 $ 121.28 Awards granted 2 89.85 Awards exercised (1) 60.46 Awards expired/canceled (1) 111.62 Outstanding at end of year 18 $ 120.20 Exercisable at end of year 14 $ 119.78 |
| Information about Stock Options Vested and Expected to Vest | The following tables summarize information about stock options vested and expected to vest at September 30, 2023 (shares in millions): Vested Range of Exercise Prices Number of Weighted Average Weighted Average $ 40 — $ 80 1 $ 72.59 0.2 $ 81 — $ 120 9 107.13 3.7 $ 121 — $ 160 3 148.09 6.7 $ 161 — $ 200 1 177.72 7.4 14 Expected to Vest Range of Exercise Prices Number of Options (1) Weighted Average Weighted Average $ 50 — $ 100 2 $ 89.89 9.4 $ 101 — $ 150 1 146.64 6.3 $ 151 — $ 200 1 161.36 7.8 4 (1) Number of options expected to vest is total unvested options less estimated forfeitures. |
| Information about Restricted Stock Unit Transactions | The following table summarizes information about RSU transactions in fiscal 2023 (shares in millions): Units (3) Weighted Average Unvested at beginning of year 18 $ 144.00 Granted (1) 18 89.66 Vested (9) 136.15 Forfeited (3) 118.86 Unvested at end of year (2) 24 $ 109.04 (1) Includes 0.4 million Performance RSUs (2) Includes 0.8 million Performance RSUs (3) Excludes Performance RSUs for which vesting is subject to service conditions and the number of units vesting is subject to the discretion of the CEO. At September 30, 2023, the maximum number of these Performance RSUs that could be issued upon vesting is not material. |
Detail of Certain Balance She_2
| Detail of Certain Balance Sheet Accounts (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Balance Sheet Related Disclosures [Abstract] | |
| Current Receivables | Current receivables September 30, October 1, Accounts receivable $ 10,179 $ 10,811 Other 2,266 1,999 Allowance for credit losses (115) (158) $ 12,330 $ 12,652 |
| Parks, Resorts and Other Property, at Cost | Parks, resorts and other property Attractions, buildings and improvements $ 35,255 $ 33,795 Furniture, fixtures and equipment 26,358 24,409 Land improvements 7,419 7,757 Leasehold improvements 1,058 1,037 70,090 66,998 Accumulated depreciation (42,610) (39,356) Projects in progress 6,285 4,814 Land 1,176 1,140 $ 34,941 $ 33,596 |
| Intangible Assets | Intangible assets September 30, October 1, Character/franchise intangibles, copyrights and trademarks $ 10,572 $ 10,572 MVPD agreements 8,056 8,058 Other amortizable intangible assets 4,016 4,045 Accumulated amortization (11,375) (9,630) Net amortizable intangible assets 11,269 13,045 Indefinite lived intangible assets (1) 1,792 1,792 $ 13,061 $ 14,837 (1) Indefinite lived intangible assets consist of ESPN, Pixar and Marvel trademarks and television FCC licenses. |
| Accounts Payable and Other Accrued Liabilities | Accounts payable and other accrued liabilities Accounts and accrued payables $ 15,125 $ 16,205 Payroll and employee benefits 3,061 3,447 Income taxes payable 2,276 378 Other 209 183 $ 20,671 $ 20,213 |
Commitments and Contingencies (
| Commitments and Contingencies (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Contractual Commitments for Broadcast Programming Rights, Creative Talent and Other Commitments | Contractual commitments for sports programming rights, other programming rights and other commitments including cruise ships and creative talent are as follows: Fiscal Year: Sports Programming (1) Other Other Total 2024 $ 10,331 $ 3,286 $ 4,055 $ 17,672 2025 10,631 1,591 2,803 15,025 2026 7,876 941 760 9,577 2027 6,687 671 388 7,746 2028 4,713 565 146 5,424 Thereafter 19,121 376 2,181 21,678 $ 59,359 $ 7,430 $ 10,333 $ 77,122 |
Leases (Tables)
| Leases (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Leases [Abstract] | |
| Summary of Right-of-Use Assets and Lease Liabilities on the Balance Sheet | The Company’s operating and finance right-of-use assets and lease liabilities are as follows: September 30, 2023 October 1, 2022 Right-of-use assets (1) Operating leases $ 4,211 $ 3,966 Finance leases 291 303 Total right-of-use assets 4,502 4,269 Short-term lease liabilities (2) Operating leases 740 614 Finance leases 37 37 777 651 Long-term lease liabilities (3) Operating leases 3,258 3,020 Finance leases 206 219 3,464 3,239 Total lease liabilities $ 4,241 $ 3,890 (1) Included in “Other assets” in the Consolidated Balance Sheet. (2) Included in “Accounts payable and other accrued liabilities” in the Consolidated Balance Sheet. (3) Included in “Other long-term liabilities” in the Consolidated Balance Sheet. |
| Components of Lease Costs | The components of lease costs are as follows: 2023 2022 2021 Finance lease cost Amortization of right-of-use assets $ 39 $ 39 $ 42 Interest on lease liabilities 15 15 20 Operating lease cost 820 796 853 Variable fees and other (1) 444 363 414 Total lease cost $ 1,318 $ 1,213 $ 1,329 (1) Includes variable lease payments related to our operating and finance leases and costs of leases with initial terms of less than one year. |
| Summary of Cash Flows Arising From Lease Transactions | Cash paid during the year for amounts included in the measurement of lease liabilities is as follows: 2023 2022 2021 Operating cash flows for operating leases $ 714 $ 736 $ 925 Operating cash flows for finance leases 15 15 20 Financing cash flows for finance leases 41 48 25 Total $ 770 $ 799 $ 970 |
| Lease Liability, Fiscal Year Maturity - Operating Lease | Future minimum lease payments, as of September 30, 2023, are as follows: Operating Financing Fiscal Year: 2024 $ 824 $ 47 2025 792 44 2026 504 38 2027 384 33 2028 318 29 Thereafter 2,265 350 Total undiscounted future lease payments 5,087 541 Less: Imputed interest (1,089) (298) Total reported lease liability $ 3,998 $ 243 |
| Lease, Liability, Fiscal Year Maturity - Finance Lease | Future minimum lease payments, as of September 30, 2023, are as follows: Operating Financing Fiscal Year: 2024 $ 824 $ 47 2025 792 44 2026 504 38 2027 384 33 2028 318 29 Thereafter 2,265 350 Total undiscounted future lease payments 5,087 541 Less: Imputed interest (1,089) (298) Total reported lease liability $ 3,998 $ 243 |
Fair Value Measurement (Tables)
| Fair Value Measurement (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Fair Value Disclosures [Abstract] | |
| Assets and Liabilities Measured at Fair Value | The Company’s assets and liabilities measured at fair value are summarized in the following tables by fair value measurement Level. See Note 10 for definitions of fair value measures and the Levels within the fair value hierarchy. Fair Value Measurement at September 30, 2023 Description Level 1 Level 2 Level 3 Total Assets Investments $ 46 $ 128 $ — $ 174 Derivatives Foreign exchange — 1,336 — 1,336 Other — 18 — 18 Liabilities Derivatives Interest rate — (1,791) — (1,791) Foreign exchange — (815) — (815) Other — (13) — (13) Other — (465) — (465) Total recorded at fair value $ 46 $ (1,602) $ — $ (1,556) Fair value of borrowings $ — $ 40,123 $ 1,333 $ 41,456 Fair Value Measurement at October 1, 2022 Description Level 1 Level 2 Level 3 Total Assets Investments $ 308 $ — $ — $ 308 Derivatives Interest rate — 1 — 1 Foreign exchange — 2,223 — 2,223 Other — 10 — 10 Liabilities Derivatives Interest rate — (1,783) — (1,783) Foreign exchange — (1,239) — (1,239) Other — (31) — (31) Other — (354) — (354) Total recorded at fair value $ 308 $ (1,173) $ — $ (865) Fair value of borrowings $ — $ 42,509 $ 1,510 $ 44,019 |
Derivative Instruments (Tables)
| Derivative Instruments (Tables) | 12 Months Ended |
| Sep. 30, 2023 | |
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |
| Gross Fair Value of Derivative Positions | The Company’s derivative positions measured at fair value are summarized in the following tables: As of September 30, 2023 Current Other Other Other Long- Derivatives designated as hedges Foreign exchange $ 595 $ 338 $ (123) $ (93) Interest rate — — (1,791) — Other 12 6 — — Derivatives not designated as hedges (1) Foreign exchange 384 19 (520) (79) Other — — (13) — Gross fair value of derivatives 991 363 (2,447) (172) Counterparty netting (770) (262) 900 132 Cash collateral (received) paid (123) (7) 1,257 — Net derivative positions $ 98 $ 94 $ (290) $ (40) (1) In fiscal 2023, the Company entered into a licensing and promotional arrangement and received warrants to purchase equity that are accounted for as a derivative asset. The warrants are recorded in investments at their fair market value of $128 million at September 30, 2023. As of October 1, 2022 Current Other Other Other Long- Derivatives designated as hedges Foreign exchange $ 864 $ 786 $ (228) $ (350) Interest rate — 1 (1,783) — Other 10 — (4) — Derivatives not designated as hedges Foreign exchange 336 247 (374) (287) Other — — (27) — Gross fair value of derivatives 1,210 1,034 (2,416) (637) Counterparty netting (831) (715) 1,070 476 Cash collateral (received) paid (341) (151) 1,282 96 Net derivative positions $ 38 $ 168 $ (64) $ (65) |
| Carrying Amount and Cumulative Basis Adjustments for Fair Value Hedges Recorded on the Balance Sheet | The following table summarizes fair value hedge adjustments to hedged borrowings: Carrying Amount of Hedged Borrowings Fair Value Adjustments Included in Hedged Borrowings September 30, 2023 October 1, 2022 September 30, 2023 October 1, 2022 Borrowings: Current $ 1,439 $ 997 $ (59) $ (3) Long-term 10,748 12,358 (1,694) (1,733) $ 12,187 $ 13,355 $ (1,753) $ (1,736) |
| Adjustments Related to Fair Value Hedges Included in Net Interest Income/(Expense) in Consolidated Statements of Income | The following amounts are included in “Interest expense, net” in the Consolidated Statements of Income: 2023 2022 2021 Gain (loss) on: Pay-floating swaps $ (14) $ (1,635) $ (603) Borrowings hedged with pay-floating swaps 14 1,635 603 Benefit (expense) associated with interest accruals on pay-floating swaps (510) 31 143 |
| Effect of foreign Exchange Cash Flow Hedges on AOCI | The following table summarizes the effect of foreign exchange cash flow hedges on AOCI: 2023 2022 2021 Gain (loss) recognized in Other Comprehensive Income $ (136) $ 1,093 $ 61 Gain (loss) reclassified from AOCI into the Statement of Operations (1) 446 116 24 (1) Primarily recorded in revenue. |
| Net Gains or Losses Recognized in Costs and Expenses on Economic Exposures Associated with Foreign Currency Exchange Rates | The following table summarizes the net foreign exchange gains or losses recognized on foreign currency denominated assets and liabilities and the net foreign exchange gains or losses on the foreign exchange contracts we entered into to mitigate our exposure with respect to foreign currency denominated assets and liabilities by the corresponding line item in which they are recorded in the Consolidated Statements of Income: Costs and Expenses Interest expense, net Income Tax Expense 2023 2022 2021 2023 2022 2021 2023 2022 2021 Net gains (losses) on foreign currency denominated assets and liabilities $ (37) $ (685) $ (30) $ (15) $ 82 $ (47) $ (91) $ 212 $ (7) Net gains (losses) on foreign exchange risk management contracts not designated as hedges (159) 547 (83) 10 (82) 47 64 (208) 2 Net gains (losses) $ (196) $ (138) $ (113) $ (5) $ — $ — $ (27) $ 4 $ (5) |
Financial Information by Operat
| Financial Information by Operating Segments (Details) - USD ($) $ in Millions | 12 Months Ended | ||||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |||
| Segment Reporting Information [Line Items] | |||||
| Revenues | $ 88,898 | $ 82,722 | $ 67,418 | ||
| Segment Operating Income | [1] | 12,863 | 12,121 | 7,766 | |
| Total Segment | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | 88,898 | 83,745 | 67,418 | ||
| Entertainment Segment | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | 40,635 | 39,569 | 36,489 | ||
| Segment Operating Income | 1,444 | 2,126 | 5,196 | ||
| Entertainment Segment | Entertainment Third Party | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | 40,258 | 39,231 | 36,155 | ||
| Entertainment Segment | Intersegment Eliminations | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | 377 | 338 | 334 | ||
| Sports Segment | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | 17,111 | 17,270 | 15,960 | ||
| Segment Operating Income | 2,465 | 2,710 | 2,690 | ||
| Sports Segment | Sports Third Party | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | 16,091 | 16,429 | 15,302 | ||
| Sports Segment | Intersegment Eliminations | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | 1,020 | 841 | 658 | ||
| Experiences Segment | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | 32,549 | 28,085 | 15,961 | ||
| Segment Operating Income | 8,954 | 7,285 | (120) | ||
| Segment Eliminations | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | (1,397) | (1,179) | (992) | ||
| Content License Segment Adjustment | |||||
| Segment Reporting Information [Line Items] | |||||
| Revenues | $ 0 | $ (1,023) | [2] | $ 0 | |
| [1]Equity in the income of investees is included in segment operating income as follows: 2023 2022 2021 Entertainment $ 685 $ 783 $ 744 Sports 55 55 51 Experiences (2) (10) (19) Equity in the income of investees included in segment operating income 738 828 776 A+E Gain (1) 56 — — Amortization of TFCF intangible assets related to equity investees (12) (12) (15) Equity in the income of investees $ 782 $ 816 $ 761 |
Equity in the Income of Investe
| Equity in the Income of Investees Included in Segment Operating Results Footnote (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Schedule of Equity Method Investments [Line Items] | |||
| Equity in the income of investees | $ 782 | $ 816 | $ 761 |
| Amortization of Intangible Assets Held by Equity Investees | (12) | (12) | (15) |
| A&E | |||
| Schedule of Equity Method Investments [Line Items] | |||
| Content License Termination Gain | $ 56 | 0 | 0 |
| Equity Method Investment, Ownership Interest | 50% | ||
| Entertainment Segment | |||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity in the income of investees | $ 685 | 783 | 744 |
| Sports Segment | |||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity in the income of investees | 55 | 55 | 51 |
| Experiences Segment | |||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity in the income of investees | (2) | (10) | (19) |
| Total Segments | |||
| Schedule of Equity Method Investments [Line Items] | |||
| Equity in the income of investees | $ 738 | $ 828 | $ 776 |
Reconciliation of Revenue from
| Reconciliation of Revenue from Segments to Consolidated (Details) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
| Revenues | $ 88,898 | $ 82,722 | $ 67,418 | |
| Total Segment | ||||
| Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
| Revenues | 88,898 | 83,745 | 67,418 | |
| Content License Segment Adjustment | ||||
| Segment Reporting, Revenue Reconciling Item [Line Items] | ||||
| Revenues | $ 0 | $ (1,023) | [1] | $ 0 |
| [1]In fiscal 2022, the Company early terminated certain license agreements with a customer for film and episodic content, which was delivered in previous years, in order for the Company to use the content primarily on our Entertainment Direct-to-Consumer services (Content License Early Termination). Because the content is functional IP, we had recognized substantially all of the consideration to be paid by the customer under the licenses as revenue in prior years when the content was delivered. Consequently, we have recorded the amounts to terminate the license agreements, net of remaining amounts of deferred revenue, as a reduction of revenue. |
Reconciliation of Segment Opera
| Reconciliation of Segment Operating Income to Income before Income Taxes (Details) - USD ($) $ in Millions | 12 Months Ended | ||||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | |||||
| Segment Operating Income | [1] | $ 12,863 | $ 12,121 | $ 7,766 | |
| Content License Early Termination | 0 | (1,023) | 0 | ||
| Corporate and unallocated shared expenses | (1,147) | (1,159) | (928) | ||
| Restructuring and impairment charges | (3,836) | [2] | (237) | (654) | |
| Other income (expense), net | 96 | (667) | 201 | ||
| Interest expense, net | (1,209) | (1,397) | (1,406) | ||
| TFCF and Hulu acquisition amortization | [3] | (1,998) | (2,353) | (2,418) | |
| Income from continuing operations before income taxes | $ 4,769 | $ 5,285 | $ 2,561 | ||
| [1]Equity in the income of investees is included in segment operating income as follows: 2023 2022 2021 Entertainment $ 685 $ 783 $ 744 Sports 55 55 51 Experiences (2) (10) (19) Equity in the income of investees included in segment operating income 738 828 776 A+E Gain (1) 56 — — Amortization of TFCF intangible assets related to equity investees (12) (12) (15) Equity in the income of investees $ 782 $ 816 $ 761 2023 2022 2021 Amortization of intangible assets $ 1,547 $ 1,707 $ 1,757 Step-up of film and episodic costs 439 634 646 Intangibles related to TFCF equity investees 12 12 15 $ 1,998 $ 2,353 $ 2,418 |
Reconciliation of Segment Ope_2
| Reconciliation of Segment Operating Income to Income Before Income Taxes Footnote (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Amortization of Intangible Assets | $ 1,743 | $ 1,980 | $ 2,043 |
| Amortization of Intangible Assets Held by Equity Investees | (12) | (12) | (15) |
| TFCF and Hulu | |||
| Amortization of Intangible Assets | 1,547 | 1,707 | 1,757 |
| Amortization | 439 | 634 | 646 |
| Amortization of Intangible Assets Held by Equity Investees | $ 12 | $ 12 | $ 15 |
Capital Expenditures, Depreciat
| Capital Expenditures, Depreciation and Amortization by Segment (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Capital expenditures | $ 4,969 | $ 4,943 | $ 3,578 |
| Depreciation expense | 3,626 | 3,183 | 3,068 |
| Amortization of Intangible Assets | 1,743 | 1,980 | 2,043 |
| TFCF and Hulu | |||
| Amortization of Intangible Assets | 1,547 | 1,707 | 1,757 |
| Entertainment Segment | |||
| Capital expenditures | 1,032 | 802 | 838 |
| Depreciation expense | 669 | 560 | 513 |
| Amortization of Intangible Assets | 87 | 164 | 174 |
| Sports Segment | |||
| Capital expenditures | 15 | 8 | 24 |
| Depreciation expense | 73 | 90 | 100 |
| Amortization of Intangible Assets | 0 | 0 | 4 |
| Experiences Segment | |||
| Amortization of Intangible Assets | 109 | 109 | 108 |
| Experiences Segment | Domestic | |||
| Capital expenditures | 2,203 | 2,680 | 1,597 |
| Depreciation expense | 2,011 | 1,680 | 1,551 |
| Experiences Segment | International | |||
| Capital expenditures | 822 | 767 | 675 |
| Depreciation expense | 669 | 662 | 718 |
| Total Segments | |||
| Depreciation expense | 2,680 | 2,342 | 2,269 |
| Amortization of Intangible Assets | 196 | 273 | 286 |
| Corporate | |||
| Capital expenditures | 897 | 686 | 444 |
| Depreciation expense | $ 204 | $ 191 | $ 186 |
Identifiable Assets by Segment
| Identifiable Assets by Segment (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | |
| Identifiable assets | [1] | $ 205,579 | $ 203,631 |
| Entertainment Segment | |||
| Identifiable assets | [1] | 113,307 | 117,184 |
| Sports Segment | |||
| Identifiable assets | 25,402 | 24,988 | |
| Experiences Segment | |||
| Identifiable assets | [1] | 42,808 | 41,969 |
| Corporate | |||
| Identifiable assets | [1] | $ 24,062 | $ 19,490 |
| [1]Equity method investments included in identifiable assets by segment are as follows: September 30, 2023 October 1, 2022 Entertainment $ 2,433 $ 2,449 Sports 213 184 Experiences — 2 Corporate 42 43 $ 2,688 $ 2,678 (2) Intangible assets, which include character/franchise intangibles, copyrights, trademarks, MVPD agreements and FCC licenses (see Note 13), included in identifiable assets by segment are as follows: September 30, 2023 October 1, 2022 Entertainment $ 8,556 $ 9,829 Sports 1,767 2,152 Experiences 2,718 2,836 Corporate 20 20 $ 13,061 $ 14,837 |
Equity Method Investment and In
| Equity Method Investment and Intangible Assets Included in Identifiable Assets by Segment Footnote (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Schedule of Equity Method Investments [Line Items] | ||
| Equity Method Investments | $ 2,688 | $ 2,678 |
| Goodwill and intangible assets | 13,061 | 14,837 |
| Entertainment Segment | ||
| Schedule of Equity Method Investments [Line Items] | ||
| Equity Method Investments | 2,433 | 2,449 |
| Goodwill and intangible assets | 8,556 | 9,829 |
| Sports Segment | ||
| Schedule of Equity Method Investments [Line Items] | ||
| Equity Method Investments | 213 | 184 |
| Goodwill and intangible assets | 1,767 | 2,152 |
| Experiences Segment | ||
| Schedule of Equity Method Investments [Line Items] | ||
| Equity Method Investments | 0 | 2 |
| Goodwill and intangible assets | 2,718 | 2,836 |
| Corporate | ||
| Schedule of Equity Method Investments [Line Items] | ||
| Equity Method Investments | 42 | 43 |
| Goodwill and intangible assets | $ 20 | $ 20 |
Revenues and Segment Operating
| Revenues and Segment Operating Income by Geographical Markets (Details) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Segment Reporting Information [Line Items] | ||||
| Revenues | $ 88,898 | $ 82,722 | $ 67,418 | |
| Segment Operating Income | [1] | 12,863 | 12,121 | 7,766 |
| Total Segment | ||||
| Segment Reporting Information [Line Items] | ||||
| Revenues | 88,898 | 83,745 | 67,418 | |
| Americas | ||||
| Segment Reporting Information [Line Items] | ||||
| Revenues | 71,205 | 68,218 | 54,157 | |
| Segment Operating Income | 10,779 | 11,099 | 6,314 | |
| Europe | ||||
| Segment Reporting Information [Line Items] | ||||
| Revenues | 9,533 | 8,680 | 6,690 | |
| Segment Operating Income | 856 | 586 | 800 | |
| Asia Pacific | ||||
| Segment Reporting Information [Line Items] | ||||
| Revenues | 8,160 | 6,847 | 6,571 | |
| Segment Operating Income | $ 1,228 | 436 | $ 652 | |
| Content License Segment Adjustment | ||||
| Segment Reporting Information [Line Items] | ||||
| Revenues | $ (1,023) | |||
| [1]Equity in the income of investees is included in segment operating income as follows: 2023 2022 2021 Entertainment $ 685 $ 783 $ 744 Sports 55 55 51 Experiences (2) (10) (19) Equity in the income of investees included in segment operating income 738 828 776 A+E Gain (1) 56 — — Amortization of TFCF intangible assets related to equity investees (12) (12) (15) Equity in the income of investees $ 782 $ 816 $ 761 |
Long-lived Assets by Geographic
| Long-lived Assets by Geographical Markets (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | |
| Segment Reporting Information [Line Items] | |||
| Long-lived assets | $ 168,706 | $ 170,501 | |
| Americas | |||
| Segment Reporting Information [Line Items] | |||
| Long-lived assets | [1] | 148,567 | 150,786 |
| Europe | |||
| Segment Reporting Information [Line Items] | |||
| Long-lived assets | [1] | 9,895 | 8,739 |
| Asia Pacific | |||
| Segment Reporting Information [Line Items] | |||
| Long-lived assets | [1] | $ 10,244 | $ 10,976 |
| [1]Long-lived assets are total assets less: current assets, long-term receivables, deferred taxes, financial investments and the fair value of derivative instruments. |
Acquisitions Changes in Carry A
| Acquisitions Changes in Carry Amount of Goodwill (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | ||
| Goodwill [Roll Forward] | |||
| Beginning balance | $ 77,897 | $ 78,071 | |
| Segment Recast | 0 | ||
| Goodwill, Impairment Loss | [1] | (721) | |
| Currency translation adjustments and other, net | (109) | (174) | |
| Ending balance | 77,067 | 77,897 | |
| DMED | |||
| Goodwill [Roll Forward] | |||
| Beginning balance | 72,347 | 72,521 | |
| Segment Recast | [2] | (72,347) | |
| Goodwill, Impairment Loss | 0 | ||
| Currency translation adjustments and other, net | 0 | (174) | |
| Ending balance | 0 | 72,347 | |
| Experiences Segment | |||
| Goodwill [Roll Forward] | |||
| Beginning balance | 5,550 | 5,550 | |
| Segment Recast | 0 | ||
| Goodwill, Impairment Loss | 0 | ||
| Currency translation adjustments and other, net | 0 | 0 | |
| Ending balance | 5,550 | 5,550 | |
| Entertainment Segment | |||
| Goodwill [Roll Forward] | |||
| Beginning balance | 0 | 0 | |
| Segment Recast | [2] | 55,488 | |
| Goodwill, Impairment Loss | [1] | (425) | |
| Currency translation adjustments and other, net | (32) | 0 | |
| Ending balance | 55,031 | 0 | |
| Sports Segment | |||
| Goodwill [Roll Forward] | |||
| Beginning balance | 0 | 0 | |
| Segment Recast | [2] | 16,859 | |
| Goodwill, Impairment Loss | [1] | (296) | |
| Currency translation adjustments and other, net | (77) | 0 | |
| Ending balance | $ 16,486 | $ 0 | |
| [1]Reflects goodwill impairments at entertainment and international sports linear networks (See Note 18).[2]Reflects the reallocation of goodwill as a result of the Company recasting its segments from the strategic reorganization during fiscal 2023. |
Description of Business and Seg
| Description of Business and Segment Information - Additional Information (Detail) | Sep. 30, 2023 |
| National Geographic | |
| Segment Reporting Information [Line Items] | |
| Effective ownership interest | 73% |
| ESPN | |
| Segment Reporting Information [Line Items] | |
| Effective ownership interest | 80% |
| National Geographic Expeditions | |
| Segment Reporting Information [Line Items] | |
| Effective ownership interest | 73% |
| Hong Kong Disneyland Resort | |
| Segment Reporting Information [Line Items] | |
| Effective ownership interest | 48% |
| Shanghai Disney Resort | |
| Segment Reporting Information [Line Items] | |
| Effective ownership interest | 43% |
| A&E | |
| Segment Reporting Information [Line Items] | |
| Equity Method Investment, Ownership Interest | 50% |
| Tata Play Limited | |
| Segment Reporting Information [Line Items] | |
| Equity Method Investment, Ownership Interest | 30% |
| Hulu LLC | |
| Segment Reporting Information [Line Items] | |
| Equity Method Investment, Ownership Interest | 67% |
Summary of Significant Accoun_4
| Summary of Significant Accounting Policies - Reconciliation of Cash, Cash Equivalents and Restricted Cash Reported in the Consolidated Balance Sheet that sum to the Total Amount in the Statement of Cash Flow (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | Oct. 03, 2020 |
| Accounting Policies [Abstract] | ||||
| Cash and cash equivalents | $ 14,182 | $ 11,615 | $ 15,959 | |
| Restricted Cash and Investments, Current | 0 | 3 | 3 | |
| Restricted Cash and Investments, Noncurrent | 53 | 43 | 41 | |
| Cash, cash equivalents and restricted cash | $ 14,235 | $ 11,661 | $ 16,003 | $ 17,954 |
Summary of Significant Accoun_5
| Summary of Significant Accounting Policies - Depreciation Computed on Straight-Line Method Over Estimated Useful Lives (Detail) | Sep. 30, 2023 |
| Attractions, Buildings and Improvements | Minimum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Useful Life | 20 years |
| Attractions, Buildings and Improvements | Maximum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Useful Life | 40 years |
| Furniture, fixtures and equipment | Minimum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Useful Life | 3 years |
| Furniture, fixtures and equipment | Maximum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Useful Life | 25 years |
| Land Improvements | Minimum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Useful Life | 20 years |
| Land Improvements | Maximum | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Useful Life | 40 years |
| Leasehold Improvements | |
| Property, Plant and Equipment [Line Items] | |
| Property, Plant and Equipment, Estimated Useful Lives | Useful Life, Shorter of Lease Term or Asset Utility [Member] |
Summary of Significant Accoun_6
| Summary of Significant Accounting Policies - Expected Aggregate Annual Amortization Expense for Existing Amortizable Intangible Assets (Detail) $ in Millions | Sep. 30, 2023 USD ($) |
| Accounting Policies [Abstract] | |
| 2024 | $ 1,627 |
| 2025 | 1,535 |
| 2026 | 1,042 |
| 2027 | 965 |
| 2028 | $ 898 |
Summary of Significant Accoun_7
| Summary of Significant Accounting Policies - Reconciliation of Weighted Average Number of Common and Common Equivalent Shares Outstanding and Number of Awards Excluded from Diluted Earnings Per Share (Detail) - shares shares in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Earnings Per Share [Abstract] | |||
| Weighted Average Number of Shares Outstanding, Basic | 1,828 | 1,822 | 1,816 |
| Weighted average dilutive impact of Awards | 2 | 5 | 12 |
| Weighted Average Number of Shares Outstanding, Diluted | 1,830 | 1,827 | 1,828 |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 24 | 15 | 4 |
Summary of Significant Accoun_8
| Summary of Significant Accounting Policies - Additional Information (Detail) $ in Millions | 12 Months Ended | ||||||
| Nov. 30, 2022 USD ($) | Sep. 30, 2023 USD ($) derivatives | Oct. 01, 2022 USD ($) | Oct. 02, 2021 USD ($) | Nov. 30, 2023 USD ($) | May 31, 2019 USD ($) | ||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Advertising expense | $ 6,400 | $ 7,200 | $ 5,500 | ||||
| Ultimate Revenue from Theatrical Release Maximum Period | 10 years | ||||||
| Ultimate Revenues from TV Series Delivery of First Episode Maximum Period | 10 years | ||||||
| Ultimate Revenues from TV Series Delivery of Recent Episode Maximum Period | 5 years | ||||||
| Amortization of Film Library Maximum Period | 20 years | ||||||
| Internal-Use software costs capitalized, net of accumulated depreciation | $ 1,200 | 1,100 | |||||
| Impairment of Intangible Assets (Excluding Goodwill) | 3,000 | 200 | $ 300 | ||||
| Goodwill, Impairment Loss | [1] | $ 721 | |||||
| Number of Types of Derivatives | derivatives | 2 | ||||||
| Redeemable noncontrolling interest | $ 9,055 | 9,499 | |||||
| Asset Impairment Charges | 2,600 | ||||||
| General Entertainment and International Sports Linear Networks | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Goodwill, Impairment Loss | 700 | ||||||
| Content Curation | General Entertainment and International Sports Linear Networks | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Asset Impairment Charges | $ 2,200 | ||||||
| Hulu LLC | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Equity Method Investment, Ownership Interest | 67% | ||||||
| Equity Interest Held by NBC Universal | Hulu LLC | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Equity Method Investment, Ownership Interest | 33% | ||||||
| Redeemable noncontrolling interest | $ 9,100 | ||||||
| Equity Interest Held by NBC Universal | Hulu LLC | Subsequent Event | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Capital Call Contribution by Noncontrolling Interest Holder | $ 600 | ||||||
| Percentage of Tax Benefit Shared Arising from Noncontrolling Interest Acquisition | 50% | ||||||
| Tax Benefit Amortization Period Arising from Noncontrolling Interest Acquisition | 15 years | ||||||
| MLB | BAMTech, LLC | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Equity Method Investment, Ownership Interest | 15% | ||||||
| Redeemable Noncontrolling Interest, Equity, Redemption Value | $ 900 | $ 828 | |||||
| Net Income (Loss) Attributable to Redeemable Noncontrolling Interest | $ 72 | ||||||
| Hearst Corporation | Domestic DTC Sports Business | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Contribution to Subsdiary, Noncontrolling Owner | $ 710 | ||||||
| Effective ownership interest by noncontrolling owners | 20% | ||||||
| Minimum | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Amortizable intangible assets, amortization period | 5 years | ||||||
| Minimum | Equity Interest Held by NBC Universal | Hulu LLC | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Redeemable Noncontrolling Interest, Equity, Redemption Value | $ 27,500 | ||||||
| Minimum | Equity Interest Held by NBC Universal | Hulu LLC | Subsequent Event | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Redeemable Noncontrolling Interest, Equity, Redemption Value | $ 9,200 | ||||||
| Maximum | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Amortizable intangible assets, amortization period | 40 years | ||||||
| Attractions, Buildings and Improvements | Minimum | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Property, Plant and Equipment, Useful Life | 20 years | ||||||
| Attractions, Buildings and Improvements | Maximum | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Property, Plant and Equipment, Useful Life | 40 years | ||||||
| Software and Software Development Costs | Maximum | |||||||
| Indefinite-lived Intangible Assets [Line Items] | |||||||
| Property, Plant and Equipment, Useful Life | 5 years | ||||||
| [1]Reflects goodwill impairments at entertainment and international sports linear networks (See Note 18). |
Revenues Disaggregation of Reve
| Revenues Disaggregation of Revenue by Major Source (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Disaggregation of Revenue [Line Items] | |||
| Revenues | $ 88,898 | $ 82,722 | $ 67,418 |
| Content License Early Termination | 0 | (1,023) | 0 |
| Affiliate fees | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 16,875 | 17,525 | 17,760 |
| Subscription fees | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 17,937 | 15,291 | 12,020 |
| Advertising | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 11,518 | 13,048 | 12,429 |
| Theme park admissions | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 10,423 | 8,602 | 3,848 |
| Resort and vacations | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 7,949 | 6,410 | 2,701 |
| Retail and wholesale sales of merchandise, food and beverage | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 8,921 | 7,838 | 4,957 |
| Merchandise licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 3,128 | 3,969 | 3,598 |
| TV/SVOD distribution licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 2,992 | 2,879 | 4,795 |
| Theatrical distribution licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 3,174 | 1,875 | 920 |
| Home entertainment | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 931 | 1,083 | 1,297 |
| Other | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 5,050 | 4,202 | 3,093 |
| Entertainment Segment | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 40,635 | 39,569 | 36,489 |
| Entertainment Segment | Affiliate fees | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 7,369 | 7,739 | 8,043 |
| Entertainment Segment | Subscription fees | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 16,420 | 14,178 | 11,295 |
| Entertainment Segment | Advertising | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 7,594 | 8,674 | 8,705 |
| Entertainment Segment | Merchandise licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 619 | 620 | 603 |
| Entertainment Segment | TV/SVOD distribution licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 2,645 | 3,551 | 4,366 |
| Entertainment Segment | Theatrical distribution licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 3,174 | 1,875 | 920 |
| Entertainment Segment | Home entertainment | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 931 | 1,083 | 1,297 |
| Entertainment Segment | Other | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 1,883 | 1,849 | 1,260 |
| Sports Segment | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 17,111 | 17,270 | 15,960 |
| Sports Segment | Affiliate fees | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 10,590 | 10,796 | 10,609 |
| Sports Segment | Subscription fees | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 1,517 | 1,113 | 725 |
| Sports Segment | Advertising | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 3,920 | 4,370 | 3,720 |
| Sports Segment | TV/SVOD distribution licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 347 | 351 | 429 |
| Sports Segment | Other | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 737 | 640 | 477 |
| Experiences Segment | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 32,549 | 28,085 | 15,961 |
| Experiences Segment | Advertising | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 4 | 4 | 4 |
| Experiences Segment | Theme park admissions | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 10,423 | 8,602 | 3,848 |
| Experiences Segment | Resort and vacations | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 7,949 | 6,410 | 2,701 |
| Experiences Segment | Retail and wholesale sales of merchandise, food and beverage | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 8,921 | 7,838 | 4,957 |
| Experiences Segment | Merchandise licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 2,509 | 3,349 | 2,995 |
| Experiences Segment | Other | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 2,743 | 1,882 | 1,456 |
| Eliminations and Other | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | (1,397) | (2,202) | (992) |
| Eliminations and Other | Affiliate fees | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | (1,084) | (1,010) | (892) |
| Eliminations and Other | TV/SVOD distribution licensing | |||
| Disaggregation of Revenue [Line Items] | |||
| Content License Early Termination | (1,023) | ||
| Eliminations and Other | Other | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | $ (313) | $ (169) | $ (100) |
Revenues Disaggregation of Re_2
| Revenues Disaggregation of Revenue by Geographical Markets (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Disaggregation of Revenue [Line Items] | |||
| Content License Early Termination | $ 0 | $ (1,023) | $ 0 |
| Revenues | 88,898 | 82,722 | 67,418 |
| Operating Segments | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 88,898 | 83,745 | 67,418 |
| Americas | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 71,205 | 68,218 | 54,157 |
| Americas | Operating Segments | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 71,205 | 68,218 | 54,157 |
| Europe | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 9,533 | 8,680 | 6,690 |
| Europe | Operating Segments | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 9,533 | 8,680 | 6,690 |
| Asia Pacific | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 8,160 | 6,847 | 6,571 |
| Asia Pacific | Operating Segments | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 8,160 | 6,847 | 6,571 |
| Entertainment Segment | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 40,635 | 39,569 | 36,489 |
| Entertainment Segment | Americas | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 31,414 | 30,841 | 28,469 |
| Entertainment Segment | Europe | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 5,475 | 5,098 | 4,836 |
| Entertainment Segment | Asia Pacific | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 3,746 | 3,630 | 3,184 |
| Sports Segment | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 17,111 | 17,270 | 15,960 |
| Sports Segment | Americas | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 16,000 | 15,666 | 14,533 |
| Sports Segment | Europe | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 370 | 396 | 346 |
| Sports Segment | Asia Pacific | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 741 | 1,208 | 1,081 |
| Experiences Segment | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 32,549 | 28,085 | 15,961 |
| Experiences Segment | Americas | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 25,188 | 22,890 | 12,147 |
| Experiences Segment | Europe | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 3,688 | 3,186 | 1,508 |
| Experiences Segment | Asia Pacific | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 3,673 | 2,009 | 2,306 |
| Segment Eliminations | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | (1,397) | (1,179) | (992) |
| Segment Eliminations | Americas | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | (1,397) | (1,179) | (992) |
| Segment Eliminations | Europe | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | 0 | 0 | 0 |
| Segment Eliminations | Asia Pacific | |||
| Disaggregation of Revenue [Line Items] | |||
| Revenues | $ 0 | $ 0 | $ 0 |
Revenues Contract with Customer
| Revenues Contract with Customer, Asset and Liability (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Accounts Receivable, Gross, Current | $ 10,179 | $ 10,811 |
| Allowance for credit losses | (154) | (179) |
| Deferred Revenue, Current | 5,568 | 5,531 |
| Deferred Revenue, Noncurrent | 977 | 927 |
| Contract With Customer | ||
| Accounts Receivable, Gross, Current | 10,279 | 10,886 |
| Accounts Receivable, Gross, Noncurrent | $ 1,212 | $ 1,226 |
Revenues - Additional Informati
| Revenues - Additional Information (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Contract with Customer, Performance Obligation Satisfied in Previous Period | $ 900 | $ 1,100 | $ 1,300 |
| Revenue, Remaining Performance Obligation, Amount | 15,000 | ||
| Contract with Customer, Liability, Revenue Recognized | 5,100 | 3,600 | $ 2,900 |
| Broadcast programming | |||
| Long-Term Receivables, net of allowance for credit losses | 600 | 600 | |
| Mortgage Receivable | |||
| Long-Term Receivables, net of allowance for credit losses | 700 | $ 600 | |
| Scenario, Unsatisfied performance obligation recognized in fiscal 2023 | |||
| Revenue, Remaining Performance Obligation, Amount | 6,000 | ||
| Scenario, Unsatisfied performance obligation recognized in fiscal 2024 | |||
| Revenue, Remaining Performance Obligation, Amount | 4,000 | ||
| Scenario, Unsatisfied performance obligation recognized in fiscal 2025 | |||
| Revenue, Remaining Performance Obligation, Amount | 2,000 | ||
| Scenario, Unsatisfied performance obligation recognized thereafter | |||
| Revenue, Remaining Performance Obligation, Amount | $ 3,000 |
Other Income (Expense), Net (De
| Other Income (Expense), Net (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Schedule of Other Income and Expense [Line Items] | |||
| Gain on Sale of Investments | $ 166 | $ (714) | $ 332 |
| Other, net | (73) | (4) | 0 |
| Other income (expense), net | 96 | (667) | 201 |
| DraftKings | |||
| Schedule of Other Income and Expense [Line Items] | |||
| DraftKings Gain (Loss) | 169 | (663) | (111) |
| fuboTV | |||
| Schedule of Other Income and Expense [Line Items] | |||
| Gain on Sale of Investments | 0 | 0 | 186 |
| German FTA | |||
| Schedule of Other Income and Expense [Line Items] | |||
| Gain on sale of equity investment investment | $ 0 | $ 0 | $ 126 |
Other Income, Net - Additional
| Other Income, Net - Additional Information (Details) | Oct. 02, 2021 |
| German FTA | |
| Equity Method Investment, Ownership Interest | 50% |
Investments (Detail)
| Investments (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Investments [Abstract] | ||
| Investments, equity basis | $ 2,688 | $ 2,678 |
| Investments, other | 392 | 540 |
| Investments | $ 3,080 | $ 3,218 |
Investments - Additional Inform
| Investments - Additional Information (Detail) $ in Billions | Sep. 30, 2023 USD ($) |
| Schedule of Equity Method Investments [Line Items] | |
| Excess book value of equity method investments representing intangible assets and goodwill | $ 0.7 |
| A&E | |
| Schedule of Equity Method Investments [Line Items] | |
| Equity Method Investment, Ownership Interest | 50% |
| CTV Specialty Television, Inc. | |
| Schedule of Equity Method Investments [Line Items] | |
| Equity Method Investment, Ownership Interest | 30% |
| Tata Play Limited | |
| Schedule of Equity Method Investments [Line Items] | |
| Equity Method Investment, Ownership Interest | 30% |
International Theme Parks Impac
| International Theme Parks Impact of Consolidating Balance Sheets of International Theme Parks (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Schedule of Condensed Consolidating Balance Sheets [Line Items] | ||||
| Cash and cash equivalents | $ 14,182 | $ 11,615 | $ 15,959 | |
| Other current assets | 1,286 | 1,199 | ||
| Total current assets | 32,763 | 29,098 | ||
| Parks, resorts and other property | 34,941 | 33,596 | ||
| Other assets | 11,076 | 9,208 | ||
| Total assets | [1] | 205,579 | 203,631 | |
| Current liabilities | 31,139 | 29,073 | ||
| Borrowings | 42,101 | 45,299 | ||
| International Theme Parks | ||||
| Schedule of Condensed Consolidating Balance Sheets [Line Items] | ||||
| Cash and cash equivalents | 504 | 280 | ||
| Other current assets | 159 | 137 | ||
| Total current assets | 663 | 417 | ||
| Parks, resorts and other property | 6,150 | 6,356 | ||
| Other assets | 234 | 161 | ||
| Total assets | 7,047 | 6,934 | ||
| Current liabilities | 720 | 468 | ||
| Borrowings | 1,308 | 1,426 | ||
| Other long-term liabilities | 392 | 395 | ||
| Total liabilities | $ 2,420 | $ 2,289 | ||
| [1]Equity method investments included in identifiable assets by segment are as follows: September 30, 2023 October 1, 2022 Entertainment $ 2,433 $ 2,449 Sports 213 184 Experiences — 2 Corporate 42 43 $ 2,688 $ 2,678 (2) Intangible assets, which include character/franchise intangibles, copyrights, trademarks, MVPD agreements and FCC licenses (see Note 13), included in identifiable assets by segment are as follows: September 30, 2023 October 1, 2022 Entertainment $ 8,556 $ 9,829 Sports 1,767 2,152 Experiences 2,718 2,836 Corporate 20 20 $ 13,061 $ 14,837 |
International Theme Parks Imp_2
| International Theme Parks Impact of Consolidating Income Statements of International Theme Parks (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Schedule of Condensed Consolidating Statement of Operations [Line Items] | |||
| Revenues | $ 88,898 | $ 82,722 | $ 67,418 |
| Costs and expenses | (79,906) | (75,952) | (63,759) |
| Equity in the loss of investees | 782 | $ 816 | $ 761 |
| International Theme Parks | |||
| Schedule of Condensed Consolidating Statement of Operations [Line Items] | |||
| Revenues | 5,095 | ||
| Costs and expenses | (4,265) | ||
| Equity in the loss of investees | $ (2) |
International Theme Parks - Add
| International Theme Parks - Additional Information (Detail) ¥ in Millions, $ in Millions, $ in Millions | 12 Months Ended | ||||
| Sep. 30, 2023 USD ($) | Sep. 30, 2023 HKD ($) | Sep. 30, 2023 CNY (¥) | Oct. 01, 2022 USD ($) | Sep. 30, 2023 CNY (¥) | |
| Hong Kong Disneyland Resort | |||||
| Noncontrolling Interest [Line Items] | |||||
| Effective ownership interest | 48% | 48% | |||
| Effective ownership interest by noncontrolling owners | 52% | 52% | |||
| Shanghai Disney Resort | |||||
| Noncontrolling Interest [Line Items] | |||||
| Effective ownership interest | 43% | 43% | |||
| Effective ownership interest by noncontrolling owners | 57% | 57% | |||
| Shanghai Disney Resort Management Company | |||||
| Noncontrolling Interest [Line Items] | |||||
| Effective ownership interest | 70% | 70% | |||
| Effective ownership interest by noncontrolling owners | 30% | 30% | |||
| Asia International Theme Parks | |||||
| Noncontrolling Interest [Line Items] | |||||
| Royalties And Management Fees | $ 235 | ||||
| International Theme Parks | |||||
| Noncontrolling Interest [Line Items] | |||||
| Net Cash Used in Operating Activities | 1,753 | ||||
| Net Cash Used in Investing Activities | 898 | ||||
| Net Cash Used in Financing Activities | $ 114 | ||||
| Hong Kong Disneyland Resort | Maximum | |||||
| Noncontrolling Interest [Line Items] | |||||
| Noncontrolling Interest, Incremental Ownership Percentage by Noncontrolling Interest Upon Achieving Performance Targets | 6% | 6% | |||
| Noncontrolling Interest, Ownership Percentage Parent Dilution Period | 10 years | 10 years | 10 years | ||
| Hong Kong Disneyland Resort | Loans | |||||
| Noncontrolling Interest [Line Items] | |||||
| Variable Interest Entity, Financial or Other Support, Amount | $ 163 | ||||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests | $ 109 | $ 900 | |||
| Debt, maturity date | Sep. 30, 2025 | Sep. 30, 2025 | Sep. 30, 2025 | ||
| Hong Kong Disneyland Resort | Loans | HIBOR | |||||
| Noncontrolling Interest [Line Items] | |||||
| Debt Instrument, Basis Spread on Variable Rate | 2% | 2% | 2% | ||
| Hong Kong Disneyland Resort | Line of Credit | |||||
| Noncontrolling Interest [Line Items] | |||||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests | $ 345 | $ 2,700 | |||
| Variable Interest Entity, Financial or Other Support, Amount, Outstanding | $ 80 | ||||
| Debt, maturity date | Dec. 31, 2028 | Dec. 31, 2028 | Dec. 31, 2028 | ||
| Hong Kong Disneyland Resort | Line of Credit | HIBOR | |||||
| Noncontrolling Interest [Line Items] | |||||
| Debt Instrument, Basis Spread on Variable Rate | 1.25% | 1.25% | 1.25% | ||
| Hong Kong Disneyland Resort | Equity Securities | |||||
| Noncontrolling Interest [Line Items] | |||||
| Variable Interest Entity, Financial or Other Support, Amount | $ 57 | $ 148 | |||
| Hong Kong Disneyland Resort | Equity Securities | Cumulative Contributions By All Parties | |||||
| Noncontrolling Interest [Line Items] | |||||
| Variable Interest Entity, Financial or Other Support, Amount | $ 773 | ||||
| Hong Kong Disneyland Resort | Scenario, Plan | Loans | |||||
| Noncontrolling Interest [Line Items] | |||||
| Debt, maturity date | Sep. 30, 2025 | Sep. 30, 2025 | Sep. 30, 2025 | ||
| Hong Kong Disneyland Resort | Scenario, Plan | Equity Securities | |||||
| Noncontrolling Interest [Line Items] | |||||
| Variable Interest Entity, Financial or Other Support, Amount | $ 1,400 | $ 10,900 | |||
| Shanghai Disney Resort | Line of Credit | |||||
| Noncontrolling Interest [Line Items] | |||||
| Borrowings, Stated Interest Rate | 8% | 8% | |||
| Shanghai Disney Resort | Loans | |||||
| Noncontrolling Interest [Line Items] | |||||
| Variable Interest Entity, Financial or Other Support, Amount | $ 967 | ||||
| Debt, maturity date | Dec. 31, 2036 | Dec. 31, 2036 | Dec. 31, 2036 | ||
| Shanghai Disney Resort | Loans | Maximum | |||||
| Noncontrolling Interest [Line Items] | |||||
| Borrowings, Stated Interest Rate | 8% | 8% | |||
| Shanghai Disney Resort | Line of Credit | |||||
| Noncontrolling Interest [Line Items] | |||||
| Variable Interest Entity, Financial or Other Support, Amount | $ 300 | ¥ 1,900 | |||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests | 400 | 2,600 | |||
| Variable Interest Entity, Financial or Other Support, Amount, Outstanding | $ 9 | ¥ 100 | |||
| Borrowings, Stated Interest Rate | 8% | 8% | |||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests, Outstanding | $ 13 | 100 | |||
| Shanghai Disney Resort | Shendi Loan | |||||
| Noncontrolling Interest [Line Items] | |||||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests | $ 1,200 | ¥ 8,700 | |||
| Debt, maturity date | Dec. 31, 2036 | Dec. 31, 2036 | Dec. 31, 2036 | ||
| Shanghai Disney Resort | Shendi Loan | Maximum | |||||
| Noncontrolling Interest [Line Items] | |||||
| Borrowings, Stated Interest Rate | 8% | 8% | |||
| Disneyland Paris | |||||
| Noncontrolling Interest [Line Items] | |||||
| Subsidiary or Equity Method Investee, Cumulative Percentage Ownership after All Transactions | 100% | 100% | 100% |
Balances of Produced and Licens
| Balances of Produced and Licensed Content Costs (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Film, Monetized on Its Own, Capitalized Cost [Abstract] | ||
| Released, less amortization | $ 4,968 | $ 4,639 |
| Completed, not released | 70 | 214 |
| In-process | 3,331 | 5,041 |
| In development or pre-production | 279 | 372 |
| Film, Monetized on Its Own, Capitalized Cost | 8,648 | 10,266 |
| Film, Monetized in Film Group, Capitalized Cost [Abstract] | ||
| Released, less amortization | 13,555 | 12,688 |
| Completed, not released | 1,786 | 2,019 |
| In-process | 6,120 | 6,793 |
| In development or pre-production | 133 | 254 |
| Film, Monetized in Film Group, Capitalized Cost | 21,594 | 21,754 |
| Film, Capitalized Cost [Abstract] | ||
| Released, less amortization | 18,523 | 17,327 |
| Completed, not released | 1,856 | 2,233 |
| In-process | 9,451 | 11,834 |
| In development or pre-production | 412 | 626 |
| Film, Capitalized Cost | 30,242 | 32,020 |
| Licensed television programming rights and advances | 6,351 | 5,647 |
| Produced and Licensed Content, Total | 36,593 | 37,667 |
| Current portion | 3,002 | 1,890 |
| Non-current portion | $ 33,591 | $ 35,777 |
Amortization of Produced and Li
| Amortization of Produced and Licensed Content Costs (Details) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Amortization of Produced Content Costs | $ 11,861 | $ 10,224 | $ 8,175 | |
| Amortization of Licensed Television and Programming Rights | 13,405 | 13,432 | 12,784 | |
| Amortization of Produced and Licensed Content Costs, Total | [1] | 25,266 | 23,656 | 20,959 |
| Monetized Individually | ||||
| Amortization of Produced Content Costs | 3,999 | 3,448 | 2,947 | |
| Monetized as a Group | ||||
| Amortization of Produced Content Costs | $ 7,862 | $ 6,776 | $ 5,228 | |
| [1]Primarily included in “Costs of services” in the Consolidated Statements of Income. Fiscal 2023 amounts exclude impairment charges of $2.0 billion for produced content and $257 million for licensed programming rights recorded in “Restructuring and impairment charges” in the Consolidated Statements of Income (see Note 18). |
Expected Amortization of Produc
| Expected Amortization of Produced and Licensed Content (Details) $ in Millions | Sep. 30, 2023 USD ($) |
| Produced Content, Expected Amortization [Abstract] | |
| 2024 | $ 4,326 |
| 2025 | 2,655 |
| 2026 | 2,138 |
| 2024 | 830 |
| Licensed Content [Abstract] | |
| 2024 | 4,202 |
| 2025 | 785 |
| 2026 | 495 |
| Monetized Individually | |
| Produced Content, Monetized On Its Own, Expected Amortization [Abstract] | |
| 2024 | 1,069 |
| 2025 | 600 |
| 2026 | 506 |
| 2024 | 36 |
| Monetized as a Group | |
| Produced Content, Monetized In Film Group, Expected Amortization [Abstract] | |
| 2024 | 3,257 |
| 2025 | 2,055 |
| 2026 | 1,632 |
| 2024 | $ 794 |
Produced and Acquired_License_3
| Produced and Acquired/Licensed Content Costs and Advances - Additional Information (Detail) $ in Millions | 12 Months Ended |
| Sep. 30, 2023 USD ($) | |
| Asset Impairment Charges | $ 2,600 |
| Accrued Participation Liabilities, Due in Next Operating Cycle | 2,400 |
| Unamortized Acquired Film And Television Libraries | $ 3,100 |
| Weighted Average Remaining Amortization Period | 15 years |
| Reduction in Content Amortization Expense | $ 800 |
| Production Tax Credit Receivable | 1,600 |
| Produced Content | |
| Asset Impairment Charges | 2,000 |
| Licensed Programming Rights | |
| Asset Impairment Charges | $ 257 |
Borrowings including the impact
| Borrowings including the impact of Interest Rate and Cross-Currency Swaps (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | ||
| Debt Instrument [Line Items] | |||
| Borrowings | $ 46,431 | $ 48,369 | |
| Less current portion | 4,330 | 3,070 | |
| Total long-term borrowings | 42,101 | 45,299 | |
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | 13,503 | |
| Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums | 1,800 | 1,900 | |
| Qualifying hedges, market value adjustments for debt | 1,800 | 1,700 | |
| Before International Theme Park Consolidation | |||
| Debt Instrument [Line Items] | |||
| Borrowings | $ 45,123 | 46,944 | |
| Borrowings, Stated Interest Rate | [2] | 3.85% | |
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | $ 13,503 | |
| Borrowings, Effective Interest Rate | [3] | 4.92% | |
| Commercial Paper | |||
| Debt Instrument [Line Items] | |||
| Borrowings | $ 1,476 | 1,662 | |
| Borrowings, Stated Interest Rate | [2] | 0% | |
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | $ 0 | |
| Borrowings, Effective Interest Rate | [3] | 5.62% | |
| U.S. Dollar Denominated Notes | |||
| Debt Instrument [Line Items] | |||
| Borrowings | [4] | $ 43,504 | 45,091 |
| Borrowings, Stated Interest Rate | [2] | 4.03% | |
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | $ 11,625 | |
| Borrowings, Effective Interest Rate | [3] | 4.90% | |
| U.S. Dollar Denominated Notes | Minimum | |||
| Debt Instrument [Line Items] | |||
| Borrowings, Stated Interest Rate | 1.75% | ||
| Swap Maturity Year | Dec. 31, 2024 | ||
| U.S. Dollar Denominated Notes | Maximum | |||
| Debt Instrument [Line Items] | |||
| Borrowings, Stated Interest Rate | 9.50% | ||
| Swap Maturity Year | Dec. 31, 2031 | ||
| Foreign currency denominated debt | |||
| Debt Instrument [Line Items] | |||
| Borrowings | $ 1,872 | 1,844 | |
| Borrowings, Stated Interest Rate | [2] | 2.92% | |
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | $ 1,878 | |
| Borrowings, Effective Interest Rate | [3] | 4.99% | |
| Foreign currency denominated debt | Minimum | |||
| Debt Instrument [Line Items] | |||
| Swap Maturity Year | Dec. 31, 2025 | ||
| Foreign currency denominated debt | Maximum | |||
| Debt Instrument [Line Items] | |||
| Swap Maturity Year | Dec. 31, 2027 | ||
| Other | |||
| Debt Instrument [Line Items] | |||
| Custom Long-term Debt (contra) | [5] | $ (1,729) | (1,653) |
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | 0 | |
| Asia International Theme Parks | |||
| Debt Instrument [Line Items] | |||
| Borrowings | $ 1,308 | $ 1,425 | |
| Borrowings, Stated Interest Rate | [2] | 1.86% | |
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | $ 0 | |
| Borrowings, Effective Interest Rate | [3] | 5.90% | |
| Total borrowings | |||
| Debt Instrument [Line Items] | |||
| Borrowings, Stated Interest Rate | [2] | 3.94% | |
| Borrowings, Effective Interest Rate | [3] | 4.95% | |
| Long Term Debt, Current Portion | |||
| Debt Instrument [Line Items] | |||
| Borrowings, Stated Interest Rate | [2] | 2.35% | |
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | $ 0 | |
| Borrowings, Effective Interest Rate | [3] | 5.12% | |
| Non Current | |||
| Debt Instrument [Line Items] | |||
| Interest rate and Cross-Currency Swaps, Pay Floating Interest Rate | [1] | $ 13,503 | |
| [1]Amounts represent notional values of interest rate and cross-currency swaps outstanding as of September 30, 2023.[2]The stated interest rate represents the weighted-average coupon rate for each category of borrowings. For floating-rate borrowings, interest rates are the rates in effect at September 30, 2023; these rates are not necessarily an indication of future interest rates.[3]The effective interest rate includes the impact of existing and terminated interest rate and cross-currency swaps, purchase accounting adjustments and debt issuance premiums, discounts and costs.[4]Includes net debt issuance discounts, costs and purchase accounting adjustments totaling a net premium of $1.8 billion and $1.9 billion at September 30, 2023 and October 1, 2022, respectively.[5]Includes market value adjustments for debt with qualifying hedges, which reduces borrowings by $1.8 billion and $1.7 billion at September 30, 2023 and October 1, 2022, respectively. |
Borrowings Bank facilities to s
| Borrowings Bank facilities to support commercial paper borrowings (Details) $ in Millions | Sep. 30, 2023 USD ($) |
| Line of Credit Facility [Line Items] | |
| Line of Credit Facility, Committed Capacity | $ 12,250 |
| Line of Credit Facility, Capacity Used | 0 |
| Line of Credit Facility, Unused Capacity | 12,250 |
| Existing Line of Credit 3 | |
| Line of Credit Facility [Line Items] | |
| Line of Credit Facility, Committed Capacity | 5,250 |
| Line of Credit Facility, Capacity Used | 0 |
| Line of Credit Facility, Unused Capacity | 5,250 |
| Existing Line of Credit 1 | |
| Line of Credit Facility [Line Items] | |
| Line of Credit Facility, Committed Capacity | 3,000 |
| Line of Credit Facility, Capacity Used | 0 |
| Line of Credit Facility, Unused Capacity | 3,000 |
| Existing Line of Credit 2 | |
| Line of Credit Facility [Line Items] | |
| Line of Credit Facility, Committed Capacity | 4,000 |
| Line of Credit Facility, Capacity Used | 0 |
| Line of Credit Facility, Unused Capacity | $ 4,000 |
Borrowings Commercial Paper Act
| Borrowings Commercial Paper Activity (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | ||
| Commercial Paper Rollforward [Line Items] | |||
| Beginning Balance | $ 1,662 | $ 1,992 | |
| Additions | 3,841 | 2,467 | |
| Payments | (4,032) | (2,801) | |
| Other Activity | 5 | 4 | |
| Ending Balance | 1,476 | 1,662 | |
| Commercial Paper with original maturities less that three months | |||
| Commercial Paper Rollforward [Line Items] | |||
| Beginning Balance | 50 | 0 | |
| Additions | 238 | [1] | 50 |
| Payments | 0 | [1] | 0 |
| Other Activity | 1 | 0 | |
| Ending Balance | 289 | 50 | |
| Commercial paper with original maturities greater than three months | |||
| Commercial Paper Rollforward [Line Items] | |||
| Beginning Balance | 1,612 | 1,992 | |
| Additions | 3,603 | 2,417 | |
| Payments | (4,032) | (2,801) | |
| Other Activity | 4 | 4 | |
| Ending Balance | $ 1,187 | $ 1,612 | |
| [1]Borrowings and reductions of borrowings are reported net. |
Borrowings Total Borrowings Exc
| Borrowings Total Borrowings Excluding Market Value Adjustments, Scheduled Maturities (Detail) $ in Millions | Sep. 30, 2023 USD ($) |
| Maturities of Long-term Debt [Abstract] | |
| 2024 | $ 4,382 |
| 2025 | 3,728 |
| 2026 | 4,578 |
| 2027 | 2,921 |
| 2028 | 1,599 |
| Thereafter | 29,204 |
| Total borrowings | 46,412 |
| Estimated Future Interest Payment [Abstract] | |
| 2024 | 1,733 |
| 2025 | 1,626 |
| 2026 | 1,616 |
| 2027 | 1,506 |
| 2028 | 1,502 |
| Thereafter | 16,935 |
| Long-Term Debt, Expected Interest Payment, Gross | 24,918 |
| Maturities of Long-term Debt and Interest [Abstract] | |
| 2024 | 6,115 |
| 2025 | 5,354 |
| 2026 | 6,194 |
| 2027 | 4,427 |
| 2028 | 3,101 |
| Thereafter | 46,139 |
| Long-Term Debt, Principal and Interest Payments, Gross | 71,330 |
| Before Asia Theme Parks Consolidation | |
| Maturities of Long-term Debt [Abstract] | |
| 2024 | 4,369 |
| 2025 | 3,619 |
| 2026 | 4,578 |
| 2027 | 2,921 |
| 2028 | 1,599 |
| Thereafter | 28,018 |
| Total borrowings | 45,104 |
| Asia Theme Parks and Adjustments | |
| Maturities of Long-term Debt [Abstract] | |
| 2024 | 13 |
| 2025 | 109 |
| 2026 | 0 |
| 2027 | 0 |
| 2028 | 0 |
| Thereafter | 1,186 |
| Total borrowings | $ 1,308 |
Interest Expense, Net (Details)
| Interest Expense, Net (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Interest expense | $ (1,973) | $ (1,549) | $ (1,546) |
| Interest and investment income | 424 | 90 | 307 |
| Net periodic pension and postretirement benefit costs (other than service costs) | 340 | 62 | (167) |
| Interest expense, net | $ (1,209) | $ (1,397) | $ (1,406) |
Borrowings - Additional Informa
| Borrowings - Additional Information (Detail) ¥ in Millions, $ in Millions, $ in Millions, $ in Billions | 12 Months Ended | ||||||||
| Sep. 30, 2023 USD ($) | Sep. 30, 2023 HKD ($) | Sep. 30, 2023 CNY (¥) | Oct. 01, 2022 USD ($) | Oct. 02, 2021 USD ($) | Sep. 30, 2023 CAD ($) | ||||
| Debt Instrument [Line Items] | |||||||||
| Line of Credit Facility, Interest Rate Description | These facilities allow for borrowings at rates based on the Secured Overnight Financing Rate (SOFR), and at other variable rates for non-U.S. dollar denominated borrowings plus a fixed spread that varies with the Company’s debt ratings assigned by Moody’s Investors Service and Standard & Poor’s ranging from 0.655% to 1.225%. | These facilities allow for borrowings at rates based on the Secured Overnight Financing Rate (SOFR), and at other variable rates for non-U.S. dollar denominated borrowings plus a fixed spread that varies with the Company’s debt ratings assigned by Moody’s Investors Service and Standard & Poor’s ranging from 0.655% to 1.225%. | These facilities allow for borrowings at rates based on the Secured Overnight Financing Rate (SOFR), and at other variable rates for non-U.S. dollar denominated borrowings plus a fixed spread that varies with the Company’s debt ratings assigned by Moody’s Investors Service and Standard & Poor’s ranging from 0.655% to 1.225%. | ||||||
| Line of Credit Facility, Committed Capacity | $ 12,250 | ||||||||
| Letters of Credit, amount outstanding | 1,700 | ||||||||
| Borrowings | 46,431 | $ 48,369 | |||||||
| Interest capitalized | 365 | 261 | $ 187 | ||||||
| Letters Of Credit under Revolving Credit Facility Expiring In March 2023 | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Line of Credit Facility, Committed Capacity | 500 | ||||||||
| Commercial Paper | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Borrowings | $ 1,476 | 1,662 | |||||||
| Stated interest rate | 0% | [1] | 0% | [1] | |||||
| Commercial Paper | Minimum | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Basis Spread on Variable Rate | 0.655% | 0.655% | 0.655% | ||||||
| Commercial Paper | Maximum | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Basis Spread on Variable Rate | 1.225% | 1.225% | 1.225% | ||||||
| U.S. Dollar Denominated Notes | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Borrowings | $ 43,504 | [2] | $ 45,091 | [2] | |||||
| Stated interest rate | 4.03% | [1] | 4.03% | [1] | |||||
| U.S. Dollar Denominated Notes | Minimum | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Term | 1 year | 1 year | 1 year | ||||||
| Stated interest rate | 1.75% | 1.75% | |||||||
| U.S. Dollar Denominated Notes | Maximum | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Term | 73 years | 73 years | 73 years | ||||||
| Stated interest rate | 9.50% | 9.50% | |||||||
| Foreign Currency Denominated Canadian Debt October 2024 Maturity | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Borrowings | $ 900 | $ 1.3 | |||||||
| Debt Instrument, Maturity Date | Oct. 31, 2024 | Oct. 31, 2024 | Oct. 31, 2024 | ||||||
| Stated interest rate | 2.76% | 2.76% | |||||||
| Foreign Currency Denominated Canadian Debt March 2027 Maturity | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Borrowings | $ 1,000 | $ 1.3 | |||||||
| Debt Instrument, Maturity Date | Mar. 31, 2027 | Mar. 31, 2027 | Mar. 31, 2027 | ||||||
| Stated interest rate | 3.057% | 3.057% | |||||||
| Loans | Hong Kong Disneyland Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Maturity Date | Sep. 30, 2025 | Sep. 30, 2025 | Sep. 30, 2025 | ||||||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests | $ 109 | $ 900 | |||||||
| Loans | Shanghai Disney Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Maturity Date | Dec. 31, 2036 | Dec. 31, 2036 | Dec. 31, 2036 | ||||||
| Loans | HIBOR | Hong Kong Disneyland Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Basis Spread on Variable Rate | 2% | 2% | 2% | ||||||
| Loans | Maximum | Shanghai Disney Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Stated interest rate | 8% | 8% | |||||||
| Shendi Loan | Shanghai Disney Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Maturity Date | Dec. 31, 2036 | Dec. 31, 2036 | Dec. 31, 2036 | ||||||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests | $ 1,200 | ¥ 8,700 | |||||||
| Shendi Loan | Maximum | Shanghai Disney Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Stated interest rate | 8% | 8% | |||||||
| Line of Credit | Hong Kong Disneyland Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Maturity Date | Dec. 31, 2028 | Dec. 31, 2028 | Dec. 31, 2028 | ||||||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests | $ 345 | $ 2,700 | |||||||
| Line of Credit | Shanghai Disney Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Stated interest rate | 8% | 8% | |||||||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests | $ 400 | ¥ 2,600 | |||||||
| Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests, Outstanding | $ 13 | ¥ 100 | |||||||
| Line of Credit | HIBOR | Hong Kong Disneyland Resort | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Debt Instrument, Basis Spread on Variable Rate | 1.25% | 1.25% | 1.25% | ||||||
| Existing Line of Credit 3 | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Line of Credit Facility, Expiration Date | Mar. 31, 2024 | Mar. 31, 2024 | Mar. 31, 2024 | ||||||
| Line of Credit Facility, Committed Capacity | $ 5,250 | ||||||||
| Existing Line of Credit 1 | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Line of Credit Facility, Expiration Date | Mar. 31, 2025 | Mar. 31, 2025 | Mar. 31, 2025 | ||||||
| Line of Credit Facility, Committed Capacity | $ 3,000 | ||||||||
| Existing Line of Credit 2 | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Line of Credit Facility, Expiration Date | Mar. 31, 2027 | Mar. 31, 2027 | Mar. 31, 2027 | ||||||
| Line of Credit Facility, Committed Capacity | $ 4,000 | ||||||||
| Disney Cruise Line | Credit Facility available beginning August 2023 | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Line of Credit Facility, Committed Capacity | $ 1,100 | ||||||||
| Stated interest rate | 3.80% | 3.80% | |||||||
| Disney Cruise Line | Credit Facility available beginning August 2024 | |||||||||
| Debt Instrument [Line Items] | |||||||||
| Line of Credit Facility, Committed Capacity | $ 1,100 | ||||||||
| Stated interest rate | 3.74% | 3.74% | |||||||
| [1]The stated interest rate represents the weighted-average coupon rate for each category of borrowings. For floating-rate borrowings, interest rates are the rates in effect at September 30, 2023; these rates are not necessarily an indication of future interest rates.[2]Includes net debt issuance discounts, costs and purchase accounting adjustments totaling a net premium of $1.8 billion and $1.9 billion at September 30, 2023 and October 1, 2022, respectively. |
(Loss) Income Before Income Tax
| (Loss) Income Before Income Taxes (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Income Before Income Taxes | |||
| Domestic (including U.S. exports) | $ 3,086 | $ 5,955 | $ 5,241 |
| Foreign subsidiaries | 1,683 | (670) | (2,680) |
| Total income from continuing operations | 4,769 | 5,285 | 2,561 |
| Loss from discontinued operations | 0 | (62) | (38) |
| Income (loss) before income taxes | $ 4,769 | $ 5,223 | $ 2,523 |
Income Tax Expense _ (Benefit)
| Income Tax Expense / (Benefit) (Detail) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Current | ||||
| Federal | $ 1,475 | $ 436 | $ 594 | |
| State | 402 | 282 | 129 | |
| Foreign | [1] | 867 | 846 | 554 |
| Current Income Tax Expense (Benefit), Total | 2,744 | 1,564 | 1,277 | |
| Deferred | ||||
| Federal | (1,180) | 407 | (526) | |
| State | 4 | 26 | (220) | |
| Foreign | (189) | (265) | (506) | |
| Deferred Income Tax Expense (Benefit), Total | (1,365) | 168 | (1,252) | |
| Income tax expense from continuing operations | 1,379 | 1,732 | 25 | |
| Income Tax Expense (Benefit), Discontinued Operation | 0 | (14) | (9) | |
| Income Tax Expense (Benefit), Continuing Operations, Discontinued Operations | $ 1,379 | $ 1,718 | $ 16 | |
| [1]Includes foreign withholding taxes. |
Income Taxes - Deferred Tax Ass
| Income Taxes - Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | |
| Deferred tax assets | |||
| Net operating losses and tax credit carryforwards | [1] | $ (3,841) | $ (3,527) |
| Accrued liabilities | (1,335) | (1,570) | |
| Deferred Tax Assets, Lease Liabilities | (852) | (748) | |
| Deferred Tax Assets, Tax Deferred Expense, Licensing Revenues | (115) | (124) | |
| Other | (623) | (819) | |
| Total deferred tax assets | (6,766) | (6,788) | |
| Deferred tax liabilities | |||
| Depreciable, amortizable and other property | 7,581 | 8,575 | |
| Investment in U.S. Entities | 1,271 | 1,798 | |
| Deferred Tax Liabilities, Right-of-Use Assets | 751 | 676 | |
| Investment in Foreign Entities | 482 | 543 | |
| Other | 81 | 64 | |
| Deferred Tax Liabilities, Gross | 10,166 | 11,656 | |
| Deferred Tax Liabilities before valuation allowance | 3,400 | 4,868 | |
| Valuation allowance | 3,187 | 2,859 | |
| Total deferred tax liabilities | $ 6,587 | $ 7,727 | |
| [1]Balances at September 30, 2023 and October 1, 2022 include approximately $1.6 billion and $1.5 billion, respectively, of International Theme Park net operating losses and approximately $1.0 billion at both September 30, 2023 and October 1, 2022 of foreign tax credits in the U.S. The International Theme Park net operating losses are primarily in France and, to a lesser extent, Hong Kong and China. Losses in France and Hong Kong have an indefinite carryforward period and losses in China have a five-year carryforward period. China theme park net operating losses of $0.2 billion, if not used, expire between fiscal 2024 and fiscal 2028. Foreign tax credits in the U.S. have a ten-year carryforward period. Foreign tax credits of $1.0 billion, if not used, expire beginning in fiscal 2028. |
Income Taxes - Deferred tax A_2
| Income Taxes - Deferred tax Assets and Liabilities (Parenthetical) (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | ||
| Income Taxes [Line Items] | |||
| Deferred Tax Assets, operating Loss Carryforwards, Foreign | [1] | $ 3,841 | $ 3,527 |
| Minimum | Foreign Tax Credit | |||
| Income Taxes [Line Items] | |||
| Tax Credit Carryforward, Expiration Date | Oct. 03, 2026 | ||
| International Theme Parks | |||
| Income Taxes [Line Items] | |||
| Deferred Tax Assets, operating Loss Carryforwards, Foreign | $ 1,600 | 1,500 | |
| Deferred Tax Assets, Tax Credit Carryforwards, Foreign | $ 1,000 | $ 1,000 | |
| International Theme Parks | CHINA | |||
| Income Taxes [Line Items] | |||
| Net Operating Loss Carryforward, Period | 5 years | ||
| International Theme Parks | UNITED STATES | |||
| Income Taxes [Line Items] | |||
| Tax Credit Carryforward, Period | 10 years | ||
| China Theme Parks | |||
| Income Taxes [Line Items] | |||
| Deferred Tax Assets, operating Loss Carryforwards, Foreign | $ 200 | ||
| China Theme Parks | CHINA | Minimum | |||
| Income Taxes [Line Items] | |||
| Operating Loss Carryforwards, Expiration Date | Sep. 30, 2023 | ||
| China Theme Parks | CHINA | Maximum | |||
| Income Taxes [Line Items] | |||
| Operating Loss Carryforwards, Expiration Date | Sep. 30, 2028 | ||
| [1]Balances at September 30, 2023 and October 1, 2022 include approximately $1.6 billion and $1.5 billion, respectively, of International Theme Park net operating losses and approximately $1.0 billion at both September 30, 2023 and October 1, 2022 of foreign tax credits in the U.S. The International Theme Park net operating losses are primarily in France and, to a lesser extent, Hong Kong and China. Losses in France and Hong Kong have an indefinite carryforward period and losses in China have a five-year carryforward period. China theme park net operating losses of $0.2 billion, if not used, expire between fiscal 2024 and fiscal 2028. Foreign tax credits in the U.S. have a ten-year carryforward period. Foreign tax credits of $1.0 billion, if not used, expire beginning in fiscal 2028. |
Income Taxes - Summary of Valua
| Income Taxes - Summary of Valuation Allowance (Details) - USD ($) $ in Billions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Valuation Allowance [Line Items] | |||
| Roll Forward, Deferred Tax Assets, Valuation Allowance | $ 2.9 | $ 2.8 | $ 2.4 |
| Charges to Tax Expense | 0.2 | 0.4 | 0.4 |
| Other Changes | 0.1 | (0.3) | 0 |
| Roll Forward, Deferred Tax Assets, Valuation Allowance | $ 3.2 | $ 2.9 | $ 2.8 |
Income Taxes - Reconciliation o
| Income Taxes - Reconciliation of Effective Income Tax Rate to Federal Rate (Detail) | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Income Tax Disclosure [Abstract] | ||||
| Federal income tax rate | 21% | 21% | 21% | |
| State taxes, net of federal benefit | 5.80% | [1] | 3.10% | 1.90% |
| Tax rate differential on foreign income | 0.10% | 4.30% | 12% | |
| Foreign Derived Income | (4.30%) | (3.40%) | (6.40%) | |
| Tax impact of equity awards | 2.10% | 0% | (5.30%) | |
| Legislative Changes | 0% | 1.70% | (12.20%) | |
| Income tax audits and reserves | 1.30% | 2.70% | (4.80%) | |
| Goodwill Impairment | 3.50% | 0% | 0% | |
| Valuation Allowance | (1.80%) | 4.50% | 2.60% | |
| Other, including tax reserves and related interest | 1.20% | (1.10%) | (7.80%) | |
| Effective Income Tax Rate, Continuing Operations, Total | 28.90% | 32.80% | 1% | |
| [1]iscal 2023 includes an adjustment related to certain deferred state taxes |
Income Taxes - Reconciliation_2
| Income Taxes - Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits, Excluding Related Accrual for Interest (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] | |||
| Balance at the beginning of the year | $ 2,449 | $ 2,641 | $ 2,740 |
| Increases for current year tax positions | 98 | 48 | 51 |
| Increases for prior year tax positions | 273 | 103 | 556 |
| Decreases in prior year tax positions | (150) | (108) | (174) |
| Settlements with taxing authorities | (153) | (235) | (532) |
| Balance at the end of the year | $ 2,517 | $ 2,449 | $ 2,641 |
Income Taxes - Additional Infor
| Income Taxes - Additional Information (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Income Taxes [Line Items] | |||
| Gross unrecognized tax benefits that would reduce income tax expense and effective tax rate, if recognized | $ 1,800 | $ 1,900 | $ 2,000 |
| Accrued interest and penalties related to unrecognized tax benefits | 1,000 | 1,000 | 1,000 |
| Additional accrued interest related to unrecognized tax benefits | 210 | 157 | 191 |
| Reductions in accrued interest as a result of audit settlements and other prior-year adjustments | 241 | 119 | 256 |
| Unrecognized tax benefits, reasonably possible reduction due to payments for or resolution of open tax matters | 300 | ||
| Adjustments to Income Tax Expense, Income Tax Benefit from Share-based Compensation | $ 93 | $ 2 | $ 135 |
Pension and Other Benefit Pro_3
| Pension and Other Benefit Programs - Benefit Obligations, Assets, Funded Status and Balance Sheet Impacts Associated with Pension and Postretirement Medical Benefit Plans based upon Actuarial Valuations (Detail) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Fair value of plans' assets | ||||
| Contributions | $ 102 | |||
| Amounts recognized in the balance sheet | ||||
| Net balance sheet liability (asset) | 572 | |||
| Pension Plans | ||||
| Projected benefit obligations | ||||
| Beginning obligations | (15,028) | $ (20,955) | ||
| Service cost | (282) | (400) | $ (434) | |
| Interest cost | (784) | (500) | (457) | |
| Actuarial gain (loss) | [1] | 757 | 6,159 | |
| Plan amendments and other | [2] | 14 | 39 | |
| Benefits Paid | 633 | 629 | ||
| Ending obligations | (14,690) | (15,028) | (20,955) | |
| Fair value of plans' assets | ||||
| Beginning fair value | 14,721 | 18,076 | ||
| Actual return on plan assets | 1,324 | (2,715) | ||
| Contributions | 73 | 96 | ||
| Benefits paid | (633) | (629) | ||
| Expenses and other | (43) | (107) | ||
| Ending fair value | 15,442 | 14,721 | 18,076 | |
| Underfunded status of the plans | 752 | (307) | ||
| Amounts recognized in the balance sheet | ||||
| Non-current assets | 1,971 | 913 | ||
| Current liabilities | (72) | (66) | ||
| Non-current liabilities | (1,147) | (1,154) | ||
| Net balance sheet liability (asset) | 752 | (307) | ||
| Postretirement Medical Plans | ||||
| Projected benefit obligations | ||||
| Beginning obligations | (1,539) | (2,121) | ||
| Service cost | (5) | (9) | (10) | |
| Interest cost | (81) | (51) | (47) | |
| Actuarial gain (loss) | [1] | 59 | 595 | |
| Plan amendments and other | [2] | 539 | (16) | |
| Benefits Paid | 66 | 63 | ||
| Ending obligations | (961) | (1,539) | (2,121) | |
| Fair value of plans' assets | ||||
| Beginning fair value | 749 | 889 | ||
| Actual return on plan assets | 71 | (134) | ||
| Contributions | 29 | 61 | ||
| Benefits paid | (66) | (63) | ||
| Expenses and other | (2) | (4) | ||
| Ending fair value | 781 | 749 | $ 889 | |
| Underfunded status of the plans | (180) | (790) | ||
| Amounts recognized in the balance sheet | ||||
| Non-current assets | 209 | 0 | ||
| Current liabilities | (2) | (4) | ||
| Non-current liabilities | (387) | (786) | ||
| Net balance sheet liability (asset) | $ (180) | $ (790) | ||
| [1]The actuarial gain for fiscal 2022 was due to an increase in the discount rate used to determine the fiscal year-end benefit obligation from the rate that was used in the preceding fiscal year.[2]The decrease in fiscal 2023 was due to a change in postretirement medical benefit options. |
Pension and Other Benefit Pro_4
| Pension and Other Benefit Programs - Net Periodic Benefit Cost (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Defined Benefit Plan Disclosure [Line Items] | |||
| Total other costs (benefit) | $ (340) | $ (62) | $ 167 |
| Net periodic benefit cost (benefit) | (53) | ||
| Pension Plans | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Service cost | 282 | 400 | 434 |
| Interest cost | $ 784 | $ 500 | $ 457 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense, net | Interest expense, net | Interest expense, net |
| Expected return on plan assets | $ (1,149) | $ (1,174) | $ (1,100) |
| Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense, net | Interest expense, net | Interest expense, net |
| Amortization of prior-year service costs | $ 8 | $ 7 | $ 11 |
| Recognized net actuarial loss/(gain) | $ 19 | $ 585 | $ 777 |
| Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense, net | Interest expense, net | Interest expense, net |
| Total other costs (benefit) | $ (338) | $ (82) | $ 145 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense, net | Interest expense, net | Interest expense, net |
| Net periodic benefit cost (benefit) | $ (56) | $ 318 | $ 579 |
| Postretirement Medical Plans | |||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Service cost | 5 | 9 | 10 |
| Interest cost | $ 81 | $ 51 | $ 47 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense, net | Interest expense, net | Interest expense, net |
| Expected return on plan assets | $ (61) | $ (59) | $ (55) |
| Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense, net | Interest expense, net | Interest expense, net |
| Amortization of prior-year service costs | $ 0 | $ 0 | $ 0 |
| Recognized net actuarial loss/(gain) | $ (22) | $ 28 | $ 30 |
| Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense, net | Interest expense, net | Interest expense, net |
| Total other costs (benefit) | $ (2) | $ 20 | $ 22 |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration] | Interest expense, net | Interest expense, net | Interest expense, net |
| Net periodic benefit cost (benefit) | $ 3 | $ 29 | $ 32 |
Pension and Other Benefit Pro_5
| Pension and Other Benefit Programs - Key Assumptions (Detail) | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Pension Plans | |||
| Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items] | |||
| Discount rate used to determine the benefit obligation | 5.94% | 5.44% | 2.88% |
| Discount rate used to determine the interest cost component of net periodic benefit cost | 5.37% | 2.45% | 2.28% |
| Rate of return on plan assets | 7% | 7% | 7% |
| Weighted average rate of compensation increase to determine the benefit obligation | 3.10% | 3.10% | 3.10% |
| Postretirement Medical Plans | |||
| Schedule of Net Periodic Benefit Costs Weighted Average Assumptions [Line Items] | |||
| Discount rate used to determine the benefit obligation | 5.94% | 5.47% | 2.89% |
| Discount rate used to determine the interest cost component of net periodic benefit cost | 5.38% | 2.47% | 2.28% |
| Rate of return on plan assets | 7% | 7% | 7% |
| Year 1 increase in cost of benefits | 7% | 7% | 7% |
| Rate of increase to which the cost of benefits is assumed to decline (the ultimate trend rate) | 4% | 4% | 4% |
| Year that the rate reaches the ultimate trend rate | 2042 | 2041 | 2040 |
Pension and Other Benefit Pro_6
| Pension and Other Benefit Programs - Accumulated Other Comprehensive Loss, Before Tax, not yet Recognized in Net Periodic Benefit Cost (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Defined Benefit Plan Disclosure [Line Items] | ||
| Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, Prior Service Cost (Credit), before Tax | $ (541) | |
| Net actuarial loss | 2,792 | |
| Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, before Tax | 2,251 | |
| Prepaid Accrued Pension Costs | (2,823) | |
| Net balance sheet liability (asset) | (572) | |
| Pension Plans | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, Prior Service Cost (Credit), before Tax | 15 | |
| Net actuarial loss | 2,929 | |
| Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, before Tax | 2,944 | |
| Prepaid Accrued Pension Costs | (3,696) | |
| Net balance sheet liability (asset) | (752) | $ 307 |
| Postretirement Medical Plans | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, Prior Service Cost (Credit), before Tax | (556) | |
| Net actuarial loss | (137) | |
| Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, before Tax | (693) | |
| Prepaid Accrued Pension Costs | 873 | |
| Net balance sheet liability (asset) | $ 180 | $ 790 |
Pension and Other Benefit Pro_7
| Pension and Other Benefit Programs - Plan Assets Investment Policy Ranges for Major Asset Classes (Detail) | Sep. 30, 2023 |
| Minimum | Equity Investments | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 30% |
| Minimum | Fixed income Investments | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 20% |
| Minimum | Alternative Investments | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 10% |
| Minimum | Cash & Money Market Funds | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 0% |
| Maximum | Equity Investments | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 60% |
| Maximum | Fixed income Investments | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 40% |
| Maximum | Alternative Investments | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 30% |
| Maximum | Cash & Money Market Funds | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Defined Benefit Plan, Plan Assets, Target Allocation, Percentage | 10% |
Pension and Other Benefit Pro_8
| Pension and Other Benefit Programs - Defined Benefit Plan Assets Measured at Fair Value (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | |
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | $ 16,223 | $ 15,470 | |
| Percentage of plan assets mix | 100% | 100% | |
| Cash | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Percentage of plan assets mix | 0% | 1% | |
| Equity Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Percentage of plan assets mix | 22% | 20% | |
| Mutual Funds | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Percentage of plan assets mix | 7% | 7% | |
| US Government Debt Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Percentage of plan assets mix | 15% | 15% | |
| Corporate Bond Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Percentage of plan assets mix | 4% | 5% | |
| Other Mortgage and Asset Backed Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Percentage of plan assets mix | 1% | 1% | |
| Derivatives and Other, Net | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Percentage of plan assets mix | 0% | 0% | |
| Common Collective Funds | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | $ 3,517 | $ 3,479 | |
| Percentage of plan assets mix | 22% | 22% | |
| Alternative Investments Funds | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | $ 4,352 | $ 4,208 | |
| Percentage of plan assets mix | 27% | 27% | |
| Money Market Funds and Other | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | $ 281 | $ 240 | |
| Percentage of plan assets mix | 2% | 2% | |
| Level 1 | Cash | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | $ 68 | $ 177 | |
| Level 1 | Equity Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | [1] | 3,517 | 3,118 |
| Level 1 | Mutual Funds | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 1,139 | 1,044 | |
| Level 1 | US Government Debt Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 2,025 | 2,061 | |
| Level 1 | Corporate Bond Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 0 | 0 | |
| Level 1 | Other Mortgage and Asset Backed Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 0 | 0 | |
| Level 1 | Derivatives and Other, Net | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 0 | 2 | |
| Level 1 | Total Investments at Fair Value | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 6,749 | 6,402 | |
| Level 2 | Cash | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 0 | 0 | |
| Level 2 | Equity Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | [1] | 0 | 0 |
| Level 2 | Mutual Funds | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 0 | 0 | |
| Level 2 | US Government Debt Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 442 | 293 | |
| Level 2 | Corporate Bond Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 750 | 751 | |
| Level 2 | Other Mortgage and Asset Backed Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 120 | 84 | |
| Level 2 | Derivatives and Other, Net | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 12 | 13 | |
| Level 2 | Total Investments at Fair Value | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 1,324 | 1,141 | |
| Level 1 and 2 | Cash | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 68 | 177 | |
| Level 1 and 2 | Equity Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | [1] | 3,517 | 3,118 |
| Level 1 and 2 | Mutual Funds | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 1,139 | 1,044 | |
| Level 1 and 2 | US Government Debt Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 2,467 | 2,354 | |
| Level 1 and 2 | Corporate Bond Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 750 | 751 | |
| Level 1 and 2 | Other Mortgage and Asset Backed Securities | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 120 | 84 | |
| Level 1 and 2 | Derivatives and Other, Net | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | 12 | 15 | |
| Level 1 and 2 | Total Investments at Fair Value | |||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | |||
| Defined Benefit Plan, Fair Value of Plan Assets in the Fair Value Hierarchy | $ 8,073 | $ 7,543 | |
| [1]Includes 2.9 million shares of Company common stock valued at $235 million (1% of total plan assets) and 2.9 million shares valued at $273 million (2% of total plan assets) at September 30, 2023 and October 1, 2022, respectively. |
Pension and Other Benefit Pro_9
| Pension and Other Benefit Programs - Defined Benefit Plan Assets Measured at Fair Value (Parenthetical) (Detail) - USD ($) shares in Millions, $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | ||
| Asset allocation ranges | 100% | 100% |
| United States Mid Large Cap | Shares Held In The Walt Disney Company | ||
| Schedule of Pension and Other Postretirement Benefits Changes in Benefit Obligation and Fair Value of Plan Assets [Line Items] | ||
| Large cap domestic equities, shares of company common stock | 2.9 | 2.9 |
| Large cap domestic equities, value of company common stock | $ 235 | $ 273 |
| Asset allocation ranges | 1% | 2% |
Pension and Other Benefit Pr_10
| Pension and Other Benefit Programs - Estimated Future Benefit Payments (Detail) $ in Millions | Sep. 30, 2023 USD ($) | |
| Pension Plans | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| 2024 | $ 768 | |
| 2025 | 776 | |
| 2026 | 822 | |
| 2027 | 866 | |
| 2028 | 911 | |
| 2029 – 2033 | 5,132 | |
| Postretirement Medical Plans | ||
| Defined Benefit Plan Disclosure [Line Items] | ||
| 2024 | 56 | [1] |
| 2025 | 55 | [1] |
| 2026 | 59 | [1] |
| 2027 | 62 | [1] |
| 2028 | 64 | [1] |
| 2029 – 2033 | $ 356 | [1] |
| [1]Estimated future benefit payments are net of expected Medicare subsidy receipts of $39 million. |
Pension and Other Benefit Pr_11
| Pension and Other Benefit Programs - Estimated Future Benefit Payments (Parenthetical) (Detail) $ in Millions | Sep. 30, 2023 USD ($) |
| Postretirement Medical Plans | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Expected Medicare subsidy receipts | $ 39 |
Pension and Other Benefit Pr_12
| Pension and Other Benefit Programs - Long-Term Rate of Return on Plan Assets (Detail) | 12 Months Ended |
| Sep. 30, 2023 | |
| Minimum | Equity Securities | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Long term rate of return on assets | 6% |
| Minimum | Debt Securities | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Long term rate of return on assets | 3% |
| Minimum | Alternative Investments | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Long term rate of return on assets | 6% |
| Maximum | Equity Securities | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Long term rate of return on assets | 10% |
| Maximum | Debt Securities | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Long term rate of return on assets | 5% |
| Maximum | Alternative Investments | |
| Defined Benefit Plan Disclosure [Line Items] | |
| Long term rate of return on assets | 11% |
Pension and Other Benefit Pr_13
| Pension and Other Benefit Programs - One Percentage Point (ppt) Change on Projected Benefit Obligations (Detail) $ in Millions | Sep. 30, 2023 USD ($) |
| Retirement Benefits [Abstract] | |
| Impact of 1 ppt Discount Rate decrease on Benefit Expense | $ 201 |
| Impact of 1 ppt Discount Rate increase on Benefit Expense | (45) |
| Impact of 1 ppt Discount Rate decrease on Projected Benefit Obligations | 2,038 |
| Impact of 1 ppt Discount Rate increase on Projected Benefit Obligations | (1,798) |
| Impact of 1 ppt Expected Long-Term Rate of Return on Assets Decrease on Benefit Expense | 170 |
| Impact of 1 ppt Expected Long-Term Rate of Return on Assets Increase on Benefit Expense | $ (170) |
Pension and Other Benefit Pr_14
| Pension and Other Benefit Programs - Contribution into Multiemployer Pension Plans and Health and Welfare Plans (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Multiemployer Plans [Line Items] | |||
| Multiemployer Plan, Employer Contribution, Cost | $ 615 | $ 803 | $ 561 |
| Pension Plans | |||
| Multiemployer Plans [Line Items] | |||
| Multiemployer Plan, Employer Contribution, Cost | 316 | 402 | 289 |
| Postretirement Medical Plans | |||
| Multiemployer Plans [Line Items] | |||
| Multiemployer Plan, Employer Contribution, Cost | $ 299 | $ 401 | $ 272 |
Pension and Other Benefit Pr_15
| Pension and Other Benefit Programs - Additional Information (Detail) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 28, 2024 | Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Defined Benefit Plan Disclosure [Line Items] | ||||
| New vesting service year requirement effective January 1, 2012 | 3 years | |||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit) | $ (53) | |||
| Pension plans with accumulated benefit obligations in excess of plan assets, projected benefit obligation | 1,200 | $ 1,200 | ||
| Pension plans with accumulated benefit obligations in excess of plan assets, accumulated benefit obligation | 1,100 | 1,100 | ||
| Total accumulated pension benefit obligations | $ 13,800 | $ 14,100 | ||
| Total accumulated pension benefit obligations, vested percentage | 98% | 98% | ||
| Additional Capital Contributions Commitment | $ 1,300 | |||
| Pension and postretirement medical plans, employer contributions | $ 102 | |||
| Defined contribution plan, contribution rate | 50% | |||
| Savings and investment plans, employees contribution rate | 50% | |||
| Defined contribution plans, employer contributions | $ 378 | $ 325 | $ 254 | |
| Forecast | ||||
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Increase (Decrease) for Plan Amendment | $ 155 | |||
| Minimum | ||||
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Defined contribution plan, contribution rate | 4% | |||
| Maximum | ||||
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Defined contribution plan, contribution rate | 10% | |||
| Pension Plans | ||||
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit) | $ (56) | 318 | 579 | |
| Defined Benefit Plan, Pension Plan with Projected Benefit Obligation in Excess of Plan Assets, Projected Benefit Obligation | 1,200 | 1,200 | ||
| Pension and postretirement medical plans, employer contributions | 73 | 96 | ||
| Postretirement Medical Plans | ||||
| Defined Benefit Plan Disclosure [Line Items] | ||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit) | 3 | 29 | $ 32 | |
| Defined Benefit Plan, Pension Plan with Projected Benefit Obligation in Excess of Plan Assets, Projected Benefit Obligation | 1,000 | 1,500 | ||
| Defined Benefit Plan, Pension Plan with Projected Benefit Obligation in Excess of Plan Assets, Plan Assets | 800 | 700 | ||
| Pension and postretirement medical plans, employer contributions | $ 29 | $ 61 | ||
| Defined Benefit Plan, Health Care Cost Trend Rate Assumed, Next Fiscal Year | 7% | 7% | 7% | |
| Rate of increase to which the cost of benefits is assumed to decline (the ultimate trend rate) | 4% | 4% | 4% |
Equity Changes in Accumulated O
| Equity Changes in Accumulated Other Comprehensive Loss, Before Tax (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| AOCI before Tax, Attributable to Parent, Beginning Balance | $ (4,980) | $ (8,224) | $ (10,702) |
| Unrealized gains (losses) arising during the period | 1,491 | 2,766 | 1,693 |
| Reclassifications of realized net (gains) losses to net income | (398) | 478 | 785 |
| AOCI before Tax, Attributable to Parent, Ending Balance | (3,887) | (4,980) | (8,224) |
| Market Value Adjustments for Hedges | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| AOCI before Tax, Attributable to Parent, Beginning Balance | 804 | (152) | (191) |
| Unrealized gains (losses) arising during the period | (101) | 1,098 | 70 |
| Reclassifications of realized net (gains) losses to net income | (444) | (142) | (31) |
| AOCI before Tax, Attributable to Parent, Ending Balance | 259 | 804 | (152) |
| Unrecognized Pension and Postretirement Medical Expense | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| AOCI before Tax, Attributable to Parent, Beginning Balance | (3,770) | (7,025) | (9,423) |
| Unrealized gains (losses) arising during the period | 1,594 | 2,635 | 1,582 |
| Reclassifications of realized net (gains) losses to net income | 4 | 620 | 816 |
| AOCI before Tax, Attributable to Parent, Ending Balance | (2,172) | (3,770) | (7,025) |
| Foreign Currency Translation and Other | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| AOCI before Tax, Attributable to Parent, Beginning Balance | (2,014) | (1,047) | (1,088) |
| Unrealized gains (losses) arising during the period | (2) | (967) | 41 |
| Reclassifications of realized net (gains) losses to net income | 42 | 0 | 0 |
| AOCI before Tax, Attributable to Parent, Ending Balance | $ (1,974) | $ (2,014) | $ (1,047) |
Equity Changes in Accumulated_2
| Equity Changes in Accumulated Other Comprehensive Loss, Tax (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| AOCI Tax, Attributable to Parent, Beginning Balance | $ 861 | $ 1,784 | $ 2,380 |
| Unrealized gains (losses) arising during the period | (355) | (812) | (416) |
| Reclassifications of realized net (gains) losses to net income | 89 | (111) | (180) |
| AOCI Tax, Attributable to Parent, Ending Balance | 595 | 861 | 1,784 |
| Market Value Adjustments for Hedges | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| AOCI Tax, Attributable to Parent, Beginning Balance | (179) | 42 | 40 |
| Unrealized gains (losses) arising during the period | 12 | (254) | (8) |
| Reclassifications of realized net (gains) losses to net income | 103 | 33 | 10 |
| AOCI Tax, Attributable to Parent, Ending Balance | (64) | (179) | 42 |
| Unrecognized Pension and Postretirement Medical Expense | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| AOCI Tax, Attributable to Parent, Beginning Balance | 901 | 1,653 | 2,201 |
| Unrealized gains (losses) arising during the period | (384) | (608) | (358) |
| Reclassifications of realized net (gains) losses to net income | 0 | (144) | (190) |
| AOCI Tax, Attributable to Parent, Ending Balance | 517 | 901 | 1,653 |
| Foreign Currency Translation and Other | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| AOCI Tax, Attributable to Parent, Beginning Balance | 139 | 89 | 139 |
| Unrealized gains (losses) arising during the period | 17 | 50 | (50) |
| Reclassifications of realized net (gains) losses to net income | (14) | 0 | 0 |
| AOCI Tax, Attributable to Parent, Ending Balance | $ 142 | $ 139 | $ 89 |
Equity Changes in Accumulated_3
| Equity Changes in Accumulated Other Comprehensive Loss, Net of Tax (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $ (4,119) | $ (6,440) | $ (8,322) |
| Unrealized gains (losses) arising during the period | 1,136 | 1,954 | 1,277 |
| Reclassifications of realized net (gains) losses to net income | (309) | 367 | 605 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | (3,292) | (4,119) | (6,440) |
| Market Value Adjustments for Hedges | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | 625 | (110) | (151) |
| Unrealized gains (losses) arising during the period | (89) | 844 | 62 |
| Reclassifications of realized net (gains) losses to net income | (341) | (109) | (21) |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | 195 | 625 | (110) |
| Unrecognized Pension and Postretirement Medical Expense | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | (2,869) | (5,372) | (7,222) |
| Unrealized gains (losses) arising during the period | 1,210 | 2,027 | 1,224 |
| Reclassifications of realized net (gains) losses to net income | 4 | 476 | 626 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | (1,655) | (2,869) | (5,372) |
| Foreign Currency Translation and Other | |||
| Accumulated Other Comprehensive Income (Loss) [Line Items] | |||
| Accumulated Other Comprehensive Income (Loss), Net of Tax | (1,875) | (958) | (949) |
| Unrealized gains (losses) arising during the period | 15 | (917) | (9) |
| Reclassifications of realized net (gains) losses to net income | 28 | 0 | 0 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $ (1,832) | $ (1,875) | $ (958) |
Equity Details about AOCI Compo
| Equity Details about AOCI Components Reclassified to Net Income (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Revenues | $ 88,898 | $ 82,722 | $ 67,418 |
| Other income (expense), net | 96 | (667) | 201 |
| Income Tax Expense (Benefit) | (1,379) | (1,732) | (25) |
| Net income attributable to The Walt Disney Company (Disney) | 2,354 | 3,145 | 1,995 |
| Reclassification out of Accumulated Other Comprehensive Income | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Net income attributable to The Walt Disney Company (Disney) | 309 | (367) | (605) |
| Reclassification out of Accumulated Other Comprehensive Income | Gain/(loss) in net income from Cash flow hedges | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Revenues | 444 | 142 | 31 |
| Income Tax Expense (Benefit) | (103) | (33) | (10) |
| Net income attributable to The Walt Disney Company (Disney) | 341 | 109 | 21 |
| Reclassification out of Accumulated Other Comprehensive Income | Gain/(loss) in net income from Pension and postretirement medical expense | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Net periodic benefit cost other than service cost included in interest expense, net | (4) | (620) | (816) |
| Income Tax Expense (Benefit) | 0 | 144 | 190 |
| Net income attributable to The Walt Disney Company (Disney) | (4) | (476) | (626) |
| Reclassification out of Accumulated Other Comprehensive Income | Foreign Currency Translation and Other | |||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | |||
| Other income (expense), net | (42) | 0 | 0 |
| Income Tax Expense (Benefit) | 14 | 0 | 0 |
| Net income attributable to The Walt Disney Company (Disney) | $ (28) | $ 0 | $ 0 |
Equity-Based Compensation - Wei
| Equity-Based Compensation - Weighted Average Assumptions used in Option-Valuation Model (Detail) - OptionPlan | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Share-Based Payment Arrangement [Abstract] | |||
| Risk-free interest rate | 3.60% | 1.60% | 1.20% |
| Expected volatility | 31% | 28% | 30% |
| Dividend yield | 0% | 0% | 0.03% |
| Termination rate | 5.90% | 5.80% | 5.80% |
| Exercise multiple | 1.98 | 1.98 | 1.83 |
Equity-Based Compensation - Imp
| Equity-Based Compensation - Impact of Stock Options/Rights and Restricted Stock Units on Income and Cash Flows (Detail) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Share-Based Payment Arrangement [Abstract] | ||||
| Stock option compensation expense | $ 76 | $ 88 | $ 95 | |
| RSU compensation expense | 1,067 | 889 | 505 | |
| Total equity-based compensation expense | [1] | 1,143 | 977 | 600 |
| Tax impact | (260) | (221) | (136) | |
| Reduction in net income | 883 | 756 | 464 | |
| Equity-based compensation expense capitalized during the period | $ 145 | $ 148 | $ 112 | |
| [1]Equity-based compensation expense is net of capitalized equity-based compensation and estimated forfeitures and excludes amortization of previously capitalized equity-based compensation costs. |
Equity-Based Compensation - Inf
| Equity-Based Compensation - Information about Stock Option Transactions (Detail) shares in Millions | 12 Months Ended |
| Sep. 30, 2023 $ / shares shares | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested, Number of Shares [Roll Forward] | |
| Outstanding at beginning of year | shares | 18 |
| Awards granted | shares | 2 |
| Awards exercised | shares | (1) |
| Awards expired/canceled | shares | (1) |
| Outstanding at end of year | shares | 18 |
| Exercisable at end of year | shares | 14 |
| Weighted Average Exercise Price | |
| Outstanding at beginning of year | $ / shares | $ 121.28 |
| Awards granted | $ / shares | 89.85 |
| Awards exercised | $ / shares | 60.46 |
| Awards expired/canceled | $ / shares | 111.62 |
| Outstanding at end of year | $ / shares | 120.20 |
| Exercisable at end of year | $ / shares | $ 119.78 |
Equity-Based Compensation - I_2
| Equity-Based Compensation - Information about Stock Options Vested and Expected to Vest (Detail) shares in Millions | 12 Months Ended | |
| Sep. 30, 2023 $ / shares shares | ||
| Vested | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 14 | |
| Expected to Vest | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 4 | [1] |
| $ 40 — $ 80 | Vested | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 1 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ 72.59 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | 2 months 12 days | |
| Range of Exercise Prices, Lower Range | $ 40 | |
| Range of Exercise Prices, Upper Range | $ 80 | |
| $ 81 — $ 120 | Vested | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 9 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ 107.13 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | 3 years 8 months 12 days | |
| Range of Exercise Prices, Lower Range | $ 81 | |
| Range of Exercise Prices, Upper Range | $ 120 | |
| $ 121 — $ 160 | Vested | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 3 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ 148.09 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | 6 years 8 months 12 days | |
| Range of Exercise Prices, Lower Range | $ 121 | |
| Range of Exercise Prices, Upper Range | $ 160 | |
| $ 161 — $ 200 | Vested | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 1 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ 177.72 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | 7 years 4 months 24 days | |
| Range of Exercise Prices, Lower Range | $ 161 | |
| Range of Exercise Prices, Upper Range | $ 200 | |
| $ 50 — $ 100 | Expected to Vest | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 2 | [1] |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ 89.89 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | 9 years 4 months 24 days | |
| Range of Exercise Prices, Lower Range | $ 50 | |
| Range of Exercise Prices, Upper Range | $ 100 | |
| $ 101— $ 150 | Expected to Vest | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 1 | [1] |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ 146.64 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | 6 years 3 months 18 days | |
| Range of Exercise Prices, Lower Range | $ 101 | |
| Range of Exercise Prices, Upper Range | $ 150 | |
| $ 151 — $ 200 | Expected to Vest | ||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number | shares | 1 | [1] |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Exercise Price | $ 161.36 | |
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Weighted Average Remaining Contractual Term | 7 years 9 months 18 days | |
| Range of Exercise Prices, Lower Range | $ 151 | |
| Range of Exercise Prices, Upper Range | $ 200 | |
| [1]Number of options expected to vest is total unvested options less estimated forfeitures. |
Equity-Based Compensation - I_3
| Equity-Based Compensation - Information about Restricted Stock Unit Transactions (Detail) shares in Millions | 12 Months Ended | |
| Sep. 30, 2023 $ / shares shares | ||
| Units | ||
| Unvested at beginning of year | shares | 18 | [1] |
| Granted | shares | 18 | [1],[2] |
| Vested | shares | (9) | |
| Forfeited | shares | (3) | |
| Unvested at end of year | shares | 24 | [1],[3] |
| Weighted Average Grant-Date Fair Value | ||
| Unvested at beginning of year | $ / shares | $ 144 | |
| Granted | $ / shares | 89.66 | [2] |
| Vested | $ / shares | 136.15 | |
| Forfeited | $ / shares | 118.86 | |
| Unvested at end of year | $ / shares | $ 109.04 | [3] |
| [1]Excludes Performance RSUs for which vesting is subject to service conditions and the number of units vesting is subject to the discretion of the CEO. At September 30, 2023, the maximum number of these Performance RSUs that could be issued upon vesting is not material.[2]Includes 0.4 million Performance RSUs[3]Includes 0.8 million Performance RSUs |
Equity-Based Compensation - Add
| Equity-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions | 12 Months Ended | ||||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term | 10 years | ||||
| Restricted stock units granted, number of shares | [1],[2] | 18 | |||
| Restricted stock units granted, unvested number of shares | [1] | 24 | [3] | 18 | |
| Weighted average grant-date fair values of options granted | $ 33.18 | $ 46.76 | $ 57.05 | ||
| Weighted Average Grant Date Fair Value of Restricted Stock Units | [2] | $ 89.66 | |||
| Stock options exercised and RSUs vested, total intrinsic value | $ 829 | $ 982 | $ 1,175 | ||
| Aggregate intrinsic values of stock options vested | 4.8 | ||||
| Proceeds from exercise of stock options | 52 | 127 | 435 | ||
| Tax benefits realized from tax deductions associated with option exercises and RSU activity | 190 | $ 219 | $ 256 | ||
| Expected to Vest | |||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Aggregate intrinsic values of stock options vested | $ 0 | ||||
| Maximum | |||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Maximum extension period of stock options after grant date | 15 years | ||||
| Stock Options | |||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Ratable vesting term of stock options from grant date | 3 years | ||||
| Number of shares authorized to be awarded as grants | 93 | ||||
| Unrecognized compensation costs | $ 77 | ||||
| Weighted-average period to recognize compensation costs | 1 year 1 month 6 days | ||||
| Share-based Payment Arrangement, Option, Four Year Vesting | |||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Ratable vesting term of stock options from grant date | 4 years | ||||
| Restricted Stock Units (RSUs), Four Year Vesting | |||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Ratable vesting term of stock options from grant date | 4 years | ||||
| Restricted Stock Units | |||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Ratable vesting term of stock options from grant date | 3 years | ||||
| Number of shares authorized to be awarded as grants | 44 | ||||
| Weighted Average Grant Date Fair Value of Restricted Stock Units | $ 89.66 | $ 136.36 | $ 178.70 | ||
| Unrecognized compensation costs | $ 1,774 | ||||
| Weighted-average period to recognize compensation costs | 1 year 2 months 12 days | ||||
| Performance Based Restricted Stock | |||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||
| Ratable vesting term of stock options from grant date | 3 years | ||||
| Restricted stock units granted, number of shares | 0.4 | ||||
| Restricted stock units granted, unvested number of shares | 0.8 | ||||
| [1]Excludes Performance RSUs for which vesting is subject to service conditions and the number of units vesting is subject to the discretion of the CEO. At September 30, 2023, the maximum number of these Performance RSUs that could be issued upon vesting is not material.[2]Includes 0.4 million Performance RSUs[3]Includes 0.8 million Performance RSUs |
Detail of Certain Balance She_3
| Detail of Certain Balance Sheet Accounts - Current Receivables (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Current receivables | ||
| Accounts receivable | $ 10,179 | $ 10,811 |
| Other | 2,266 | 1,999 |
| Allowance for credit losses | (115) | (158) |
| Current receivables, Net | $ 12,330 | $ 12,652 |
Detail of Certain Balance She_4
| Detail of Certain Balance Sheet Accounts - Parks, Resorts and Other Property, at Cost (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Parks, resorts and other property, at cost | ||
| Attractions, buildings and improvements | $ 35,255 | $ 33,795 |
| Furniture, fixtures and equipment | 26,358 | 24,409 |
| Land improvements | 7,419 | 7,757 |
| Leasehold improvements | 1,058 | 1,037 |
| Parks, resorts and other property, before projects in progress and land, Total | 70,090 | 66,998 |
| Accumulated depreciation | (42,610) | (39,356) |
| Projects in progress | 6,285 | 4,814 |
| Land | 1,176 | 1,140 |
| Parks, resorts and other property | $ 34,941 | $ 33,596 |
Detail of Certain Balance She_5
| Detail of Certain Balance Sheet Accounts - Intangible Assets (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | |
| Intangible assets | |||
| Character/Franchise intangibles, Copyrights and Trademarks | $ 10,572 | $ 10,572 | |
| Distribution Agreements | 8,056 | 8,058 | |
| Other amortizable intangible assets | 4,016 | 4,045 | |
| Accumulated amortization | (11,375) | (9,630) | |
| Net amortizable intangible assets | 11,269 | 13,045 | |
| Other indefinite lived intangible assets | [1] | 1,792 | 1,792 |
| Intangible assets | $ 13,061 | $ 14,837 | |
| [1]Indefinite lived intangible assets consist of ESPN, Pixar and Marvel trademarks and television FCC licenses. |
Detail of Certain Balance She_6
| Detail of Certain Balance Sheet Accounts - Accounts Payable and Other Accrued Liabilities (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Accounts payable and other accrued liabilities | ||
| Accounts and accrued payables | $ 15,125 | $ 16,205 |
| Payroll and employee benefits | 3,061 | 3,447 |
| Taxes Payable | 2,276 | 378 |
| Other | 209 | 183 |
| Accounts payable and other accrued liabilities | $ 20,671 | $ 20,213 |
Commitments and Contingencies -
| Commitments and Contingencies - Contractual Commitments for Broadcast Programming Rights, Creative Talent and Other Commitments (Detail) $ in Millions | Sep. 30, 2023 USD ($) | |
| Commitments and Contingencies [Line Items] | ||
| 2024 | $ 17,672 | |
| 2025 | 15,025 | |
| 2026 | 9,577 | |
| 2027 | 7,746 | |
| 2028 | 5,424 | |
| Thereafter | 21,678 | |
| Commitments | 77,122 | |
| Sports Programming | ||
| Commitments and Contingencies [Line Items] | ||
| 2024 | 10,331 | [1] |
| 2025 | 10,631 | [1] |
| 2026 | 7,876 | [1] |
| 2027 | 6,687 | [1] |
| 2028 | 4,713 | [1] |
| Thereafter | 19,121 | [1] |
| Commitments | 59,359 | [1] |
| Other Programming | ||
| Commitments and Contingencies [Line Items] | ||
| 2024 | 3,286 | |
| 2025 | 1,591 | |
| 2026 | 941 | |
| 2027 | 671 | |
| 2028 | 565 | |
| Thereafter | 376 | |
| Commitments | 7,430 | |
| Other Commitments | ||
| Commitments and Contingencies [Line Items] | ||
| 2024 | 4,055 | |
| 2025 | 2,803 | |
| 2026 | 760 | |
| 2027 | 388 | |
| 2028 | 146 | |
| Thereafter | 2,181 | |
| Commitments | $ 10,333 | |
| [1]Primarily relates to rights for NFL, college football (including bowl games and the College Football Playoff) and basketball, cricket, NBA, NHL, soccer, MLB, UFC, tennis, golf and Top Rank Boxing. Certain sports programming rights have payments that are variable based primarily on revenues and are not included in the table above. |
Commitments and Contingencies_2
| Commitments and Contingencies - Additional Information (Detail) $ in Millions | Sep. 30, 2023 USD ($) | |
| Commitments and Contingencies Disclosure [Line Items] | ||
| Commitments | $ 77,122 | |
| Broadcast programming | ||
| Commitments and Contingencies Disclosure [Line Items] | ||
| Commitments | 66,800 | |
| Available Programming | ||
| Commitments and Contingencies Disclosure [Line Items] | ||
| Commitments | 3,000 | |
| Sports Programming | ||
| Commitments and Contingencies Disclosure [Line Items] | ||
| Commitments | $ 59,359 | [1] |
| [1]Primarily relates to rights for NFL, college football (including bowl games and the College Football Playoff) and basketball, cricket, NBA, NHL, soccer, MLB, UFC, tennis, golf and Top Rank Boxing. Certain sports programming rights have payments that are variable based primarily on revenues and are not included in the table above. |
Summary of Right-of-Use Assets
| Summary of Right-of-Use Assets and Lease Liabilities on the Balance Sheet (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 | ||
| Operating Lease, Right-of-Use Asset | [1] | $ 4,211 | $ 3,966 | |
| Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] | [1] | Other current assets, Other assets | Other current assets, Other assets | |
| Finance Lease, Right-of-Use Asset, | [1] | $ 291 | $ 303 | |
| Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration] | [1] | Other current assets, Other assets | Other current assets, Other assets | |
| Operating and Financing Lease Total Right Of Use Asset | [1] | $ 4,502 | $ 4,269 | |
| Operating Lease, Liability, Current | [2] | $ 740 | $ 614 | |
| Short-term Operating Lease, Liability | [2] | Accounts payable and other accrued liabilities | Accounts payable and other accrued liabilities | |
| Finance Lease, Liability, Current | [2] | $ 37 | $ 37 | |
| Short-term Finance Lease, Liability | [2] | Accounts payable and other accrued liabilities | Accounts payable and other accrued liabilities | |
| Operating and Finance Lease Liability Current | [2] | $ 777 | $ 651 | |
| Operating Lease, Liability, Noncurrent | [3] | $ 3,258 | $ 3,020 | |
| Long-term Operating Lease, Liability | [3] | Other long-term liabilities | Other long-term liabilities | |
| Finance Lease, Liability, Noncurrent | $ 206 | [3] | $ 219 | |
| Long-term Finance Lease, Liability | [3] | Other long-term liabilities | Other long-term liabilities | |
| Operating and Finance Lease Liability Noncurrent | [3] | $ 3,464 | $ 3,239 | |
| Operating and Finance Lease Liability | $ 4,241 | $ 3,890 | ||
| [1]Included in “Other assets” in the Consolidated Balance Sheet.[2]Included in “Accounts payable and other accrued liabilities” in the Consolidated Balance Sheet.[3]Included in “Other long-term liabilities” in the Consolidated Balance Sheet. |
Components of Lease Costs (Deta
| Components of Lease Costs (Details) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Amortization of Right-of-Use Assets | $ 39 | $ 39 | $ 42 | |
| Interest on Lease Liabilities | 15 | 15 | 20 | |
| Operating Lease Cost | 820 | 796 | 853 | |
| Variable Fees and Other | [1] | 444 | 363 | 414 |
| Lease, Cost | $ 1,318 | $ 1,213 | $ 1,329 | |
| [1] (1) Includes variable lease payments related to our operating and finance leases and costs of leases with initial terms of less than one year. |
Summary of Cash Flows Arising F
| Summary of Cash Flows Arising From Lease Transactions (Details) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Operating Cash Flows for Operating Leases | $ 714 | $ 736 | $ 925 |
| Operating Cash Flows for Finance Leases | 15 | 15 | 20 |
| Finance Cash Flows for Finance Leases | 41 | 48 | 25 |
| Cash Outflow from Operating and Financing Leases | $ 770 | $ 799 | $ 970 |
Lease Liability Maturities (Det
| Lease Liability Maturities (Details) $ in Millions | Sep. 30, 2023 USD ($) |
| Lessee, Operating Lease, Liability, Payment, Due [Abstract] | |
| 2024 | $ 824 |
| 2025 | 792 |
| 2026 | 504 |
| 2027 | 384 |
| 2028 | 318 |
| Thereafter | 2,265 |
| Total undiscounted future lease payments | 5,087 |
| Operating Lease Imputed Interest | (1,089) |
| Operating Lease, Liability | 3,998 |
| Finance Lease, Liability, Payment, Due [Abstract] | |
| 2024 | 47 |
| 2025 | 44 |
| 2026 | 38 |
| 2027 | 33 |
| 2028 | 29 |
| Thereafter | 350 |
| Total undiscounted future lease payments | 541 |
| Finance Lease Imputed Interest | (298) |
| Finance Lease, Liability | $ 243 |
Leases - Additional Information
| Leases - Additional Information (Details) $ in Billions | Sep. 30, 2023 USD ($) |
| Lessee, Lease, Description [Line Items] | |
| Operating Lease, Weighted Average Remaining Lease Term | 10 years |
| Finance Lease, Weighted Average Remaining Lease Term | 29 years |
| Operating Lease, Weighted Average Discount Rate, Percent | 3.60% |
| Finance Lease, Weighted Average Discount Rate, Percent | 6.50% |
| Estimated Future Lease Payments, Not Commenced | $ 0.5 |
Fair Value Measurement - Assets
| Fair Value Measurement - Assets and Liabilities Measured at Fair Value (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Investments | $ 174 | $ 308 |
| Other Liabilities | (465) | (354) |
| Total | (1,556) | (865) |
| Fair value of borrowings | 41,456 | 44,019 |
| Interest rate | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 1 | |
| Derivative Liability | (1,791) | (1,783) |
| Foreign exchange | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 1,336 | 2,223 |
| Derivative Liability | (815) | (1,239) |
| Other | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 18 | 10 |
| Derivative Liability | (13) | (31) |
| Level 1 | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Investments | 46 | 308 |
| Other Liabilities | 0 | 0 |
| Total | 46 | 308 |
| Fair value of borrowings | 0 | 0 |
| Level 1 | Interest rate | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 0 | |
| Derivative Liability | 0 | 0 |
| Level 1 | Foreign exchange | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 0 | 0 |
| Derivative Liability | 0 | 0 |
| Level 1 | Other | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 0 | 0 |
| Derivative Liability | 0 | 0 |
| Level 2 | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Investments | 128 | 0 |
| Other Liabilities | (465) | (354) |
| Total | (1,602) | (1,173) |
| Fair value of borrowings | 40,123 | 42,509 |
| Level 2 | Interest rate | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 1 | |
| Derivative Liability | (1,791) | (1,783) |
| Level 2 | Foreign exchange | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 1,336 | 2,223 |
| Derivative Liability | (815) | (1,239) |
| Level 2 | Other | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 18 | 10 |
| Derivative Liability | (13) | (31) |
| Level 3 | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Investments | 0 | 0 |
| Other Liabilities | 0 | 0 |
| Total | 0 | 0 |
| Fair value of borrowings | 1,333 | 1,510 |
| Level 3 | Interest rate | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 0 | |
| Derivative Liability | 0 | 0 |
| Level 3 | Foreign exchange | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 0 | 0 |
| Derivative Liability | 0 | 0 |
| Level 3 | Other | ||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||
| Derivative Asset | 0 | 0 |
| Derivative Liability | $ 0 | $ 0 |
Derivative Instruments - Gross
| Derivative Instruments - Gross Fair Value of Derivative Positions (Detail) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Current Assets | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | $ 991 | $ 1,210 |
| Derivative Asset, Counterparty Netting Offset | (770) | (831) |
| Derivative Asset, Collateral, Obligation to Return Cash, Offset | (123) | (341) |
| Net Derivative Positions | 98 | 38 |
| Current Assets | Derivatives designated as hedges | Foreign exchange | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 595 | 864 |
| Current Assets | Derivatives designated as hedges | Interest rate | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 0 | 0 |
| Current Assets | Derivatives designated as hedges | Other | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 12 | 10 |
| Current Assets | Derivatives not designated as hedges(1) | Foreign exchange | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 384 | 336 |
| Current Assets | Derivatives not designated as hedges(1) | Other | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 0 | 0 |
| Other Assets | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 363 | 1,034 |
| Derivative Asset, Counterparty Netting Offset | (262) | (715) |
| Derivative Asset, Collateral, Obligation to Return Cash, Offset | (7) | (151) |
| Net Derivative Positions | 94 | 168 |
| Other Assets | Derivatives designated as hedges | Foreign exchange | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 338 | 786 |
| Other Assets | Derivatives designated as hedges | Interest rate | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 0 | 1 |
| Other Assets | Derivatives designated as hedges | Other | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 6 | 0 |
| Other Assets | Derivatives not designated as hedges(1) | Foreign exchange | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 19 | 247 |
| Other Assets | Derivatives not designated as hedges(1) | Other | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement | 0 | 0 |
| Other Current Liabilities | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | (2,447) | (2,416) |
| Derivative Liability, Counterparty Netting Offset | 900 | 1,070 |
| Derivative Liability, Collateral, Right to Reclaim Cash, Offset | 1,257 | 1,282 |
| Net Derivative Positions | (290) | (64) |
| Other Current Liabilities | Derivatives designated as hedges | Foreign exchange | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | (123) | (228) |
| Other Current Liabilities | Derivatives designated as hedges | Interest rate | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | (1,791) | (1,783) |
| Other Current Liabilities | Derivatives designated as hedges | Other | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | 0 | (4) |
| Other Current Liabilities | Derivatives not designated as hedges(1) | Foreign exchange | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | (520) | (374) |
| Other Current Liabilities | Derivatives not designated as hedges(1) | Other | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | (13) | (27) |
| Other Long-Term Liabilities | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | (172) | (637) |
| Derivative Liability, Counterparty Netting Offset | 132 | 476 |
| Derivative Liability, Collateral, Right to Reclaim Cash, Offset | 0 | 96 |
| Net Derivative Positions | (40) | (65) |
| Other Long-Term Liabilities | Derivatives designated as hedges | Foreign exchange | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | (93) | (350) |
| Other Long-Term Liabilities | Derivatives designated as hedges | Interest rate | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | 0 | 0 |
| Other Long-Term Liabilities | Derivatives designated as hedges | Other | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | 0 | 0 |
| Other Long-Term Liabilities | Derivatives not designated as hedges(1) | Foreign exchange | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | (79) | (287) |
| Other Long-Term Liabilities | Derivatives not designated as hedges(1) | Other | ||
| Derivatives, Fair Value [Line Items] | ||
| Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement | $ 0 | $ 0 |
Derivative Instruments - Carryi
| Derivative Instruments - Carrying Amount and Cumulative Basis Adjustment for Fair Value Hedges (Details) - USD ($) $ in Millions | Sep. 30, 2023 | Oct. 01, 2022 |
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||
| Hedged Liability, Fair Value Hedge | $ 12,187 | $ 13,355 |
| Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease) | (1,753) | (1,736) |
| Current Portion of Borrowings | ||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||
| Hedged Liability, Fair Value Hedge | $ 1,439 | $ 997 |
| Hedged Liability, Statement of Financial Position [Extensible Enumeration] | Current portion of borrowings | Current portion of borrowings |
| Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease) | $ (59) | $ (3) |
| Long-term Portion of Borrowings | ||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||
| Hedged Liability, Fair Value Hedge | $ 10,748 | $ 12,358 |
| Hedged Liability, Statement of Financial Position [Extensible Enumeration] | Borrowings | Borrowings |
| Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease) | $ (1,694) | $ (1,733) |
Derivative Instruments - Adjust
| Derivative Instruments - Adjustments Related to Fair Value Hedges included in Net Interest Expense in Consolidated Statements of Income (Detail) - Interest rate - Interest expense, net - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Derivative Instruments, Gain (Loss) [Line Items] | |||
| Pay-floating swaps | $ (14) | $ (1,635) | $ (603) |
| Borrowings hedged with pay-floating swaps | 14 | 1,635 | 603 |
| Benefit (expense) associated with interest accruals on pay-floating swaps | $ (510) | $ 31 | $ 143 |
Derivative Instruments - Effect
| Derivative Instruments - Effect of foreign Currency Cash Flow Hedges on AOCI (Details) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Foreign Currency Fair Value Hedge Derivative [Line Items] | ||||
| Unrealized Gain (Loss) on Foreign Currency Derivatives, Net, before Tax | $ (136) | $ 1,093 | $ 61 | |
| Foreign Currency Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net | [1] | $ 446 | $ 116 | $ 24 |
| [1]Primarily recorded in revenue. |
Derivative Instruments - Net Ga
| Derivative Instruments - Net Gains or Losses Recognized in Costs and Expenses on Economic Exposures Associated with Foreign Currency Exchange Rates (Detail) - USD ($) $ in Millions | 12 Months Ended | ||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | |
| Costs and Expenses | |||
| Derivative [Line Items] | |||
| Net gains (losses) on foreign currency denominated assets and liabilities | $ (37) | $ (685) | $ (30) |
| Net gains (losses) on foreign exchange risk management contracts not designated as hedges | (159) | 547 | (83) |
| Net gains (losses) | (196) | (138) | (113) |
| Interest expense, net | |||
| Derivative [Line Items] | |||
| Net gains (losses) on foreign currency denominated assets and liabilities | (15) | 82 | (47) |
| Net gains (losses) on foreign exchange risk management contracts not designated as hedges | 10 | (82) | 47 |
| Net gains (losses) | (5) | 0 | 0 |
| Income Taxes | |||
| Derivative [Line Items] | |||
| Net gains (losses) on foreign currency denominated assets and liabilities | (91) | 212 | (7) |
| Net gains (losses) on foreign exchange risk management contracts not designated as hedges | 64 | (208) | 2 |
| Net gains (losses) | $ (27) | $ 4 | $ (5) |
Derivative Instruments - Additi
| Derivative Instruments - Additional Information (Detail) $ in Millions, $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 USD ($) | Sep. 30, 2023 CAD ($) | Oct. 01, 2022 USD ($) | Oct. 01, 2022 CAD ($) | |
| Derivative [Line Items] | ||||
| Warrants and Rights Outstanding | $ 128 | |||
| Hedged Instruments Maturity Upper Limit | 4 years | |||
| Net deferred loss recorded in AOCI for contracts that will be reclassified to earnings in the next twelve months | $ 488 | |||
| Aggregate fair value of derivative instruments with credit-risk-related contingent features in a net liability position by counterparty | 1,587 | $ 1,507 | ||
| Derivatives designated as hedges | Interest rate | Fair Value Hedging | ||||
| Derivative [Line Items] | ||||
| Derivative, Notional Amount | 13,500 | 14,500 | ||
| Derivatives designated as hedges | Foreign exchange | Cash Flow Hedging | ||||
| Derivative [Line Items] | ||||
| Derivative, Notional Amount | 8,300 | 7,400 | ||
| Derivatives designated as hedges | Currency Swap | Fair Value Hedging | ||||
| Derivative [Line Items] | ||||
| Derivative, Notional Amount | 1,000 | $ 1,300 | 1,000 | $ 1,300 |
| Derivatives not designated as hedges(1) | Foreign exchange | ||||
| Derivative [Line Items] | ||||
| Derivative, Notional Amount | 3,100 | 3,800 | ||
| Derivatives not designated as hedges(1) | Other | ||||
| Derivative [Line Items] | ||||
| Derivative, Notional Amount | $ 400 | $ 400 |
Restructuring and Impairment _2
| Restructuring and Impairment Charges - Additional Information (Detail) - USD ($) $ in Millions | 12 Months Ended | |||
| Sep. 30, 2023 | Oct. 01, 2022 | Oct. 02, 2021 | ||
| Restructuring Cost and Reserve [Line Items] | ||||
| Asset Impairment Charges | $ 2,600 | |||
| Goodwill, Impairment Loss | [1] | 721 | ||
| Goodwill | 77,067 | $ 77,897 | $ 78,071 | |
| Restructuring and impairment charges | 3,892 | 237 | 654 | |
| Linear Networks and International Sports Linear Networks | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Goodwill, Impairment Loss | 700 | |||
| Licensing Agreements | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Asset Impairment Charges | 600 | |||
| Payments for Restructuring | 400 | |||
| Produced Content | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Asset Impairment Charges | 2,000 | |||
| Russia Business Exit | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Asset Impairment Charges | $ 200 | |||
| Restructuring and impairment charges | 100 | |||
| Russia Business Exit | Employee Severance | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Restructuring and impairment charges | 400 | |||
| Russia Business Exit | Equity investment impairments | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Restructuring and impairment charges | $ 100 | |||
| Closure of Animation Studio and Retail Stores | ||||
| Restructuring Cost and Reserve [Line Items] | ||||
| Restructuring and impairment charges | $ 700 | |||
| [1]Reflects goodwill impairments at entertainment and international sports linear networks (See Note 18). |
