The Walt Disney Company (DIS) 10-Q10 May 232023 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Apr. 01, 2023	May 03, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 01, 2023
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 Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,827,304,988
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001744489
Current Fiscal Year End Date	--09-30
Amendment Flag	false

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions		3 Months Ended		6 Months Ended
		Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Revenues		$ 21,815	$ 19,249	$ 45,327	$ 41,068
Selling, general, administrative and other		(3,614)	(3,768)	(7,441)	(7,555)
Depreciation and amortization		(1,310)	(1,287)	(2,616)	(2,556)
Total costs and expenses		(19,540)	(17,649)	(41,059)	(37,272)
Restructuring and impairment charges		(152)	(195)	(221)	(195)
Other income (expense), net	[1]	149	(158)	107	(594)
Interest expense, net		(322)	(355)	(622)	(666)
Equity in the income of investees		173	210	364	449
Income from continuing operations before income taxes		2,123	1,102	3,896	2,790
Income taxes on continuing operations		(635)	(505)	(1,047)	(993)
Net Income from Continuing Operations		1,488	597	2,849	1,797
Loss from discontinued operations, net of income tax benefit of $0, $0, $0 and $14, respectively		0	0	0	(48)
Net Income		1,488	597	2,849	1,749
Net Income from Continuing Operations Attributable to Noncontrolling Interests		(217)	(127)	(299)	(175)
Net income attributable to Disney		$ 1,271	$ 470	$ 2,550	$ 1,574
Earnings per share attributable to Disney:
Continuing Operations, Per Diluted Share		$ 0.69	$ 0.26	$ 1.39	$ 0.89
Discontinued Operations, Per Diluted Share		0	0	0	(0.03)
Diluted	[2]	0.69	0.26	1.39	0.86
Continuing Operations, Per Basic Share		0.70	0.26	1.40	0.89
Discontinued Operation, Per Basic Share		0	0	0	(0.03)
Basic	[2]	$ 0.70	$ 0.26	$ 1.40	$ 0.86
Weighted average number of common and common equivalent shares outstanding:
Diluted (shares)		1,831	1,828	1,829	1,828
Basic (shares)		1,828	1,822	1,827	1,820
Service
Revenues		$ 19,586	$ 17,212	$ 40,583	$ 36,754
Cost of Goods and Services Sold		(13,160)	(11,330)	(27,941)	(24,491)
Product
Revenues		2,229	2,037	4,744	4,314
Cost of Goods and Services Sold		$ (1,456)	$ (1,264)	$ (3,061)	$ (2,670)

[1]See Note 4 for a discussion of amounts in other income (expense), net.[2]Total may not equal the sum of the column due to rounding.

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Discontinued Operation, Tax Effect of Discontinued Operation	$ 0	$ 0	$ 0	$ (14)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Net income	$ 1,488	$ 597	$ 2,849	$ 1,749
Other Comprehensive Income/(Loss), Net of Tax:
Market value adjustments for hedges	(82)	28	(624)	78
Pension and postretirement medical plan adjustments	56	119	57	274
Foreign currency translation and other	115	(191)	342	(213)
Other comprehensive income (loss)	89	(44)	(225)	139
Comprehensive income	1,577	553	2,624	1,888
Net income from continuing operations attributable to noncontrolling interests	(217)	(127)	(299)	(175)
Other comprehensive loss attributable to noncontrolling interests	0	8	(45)	(11)
Comprehensive income attributable to Disney	$ 1,360	$ 434	$ 2,280	$ 1,702

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Apr. 01, 2023	Oct. 01, 2022
Current assets
Cash and Cash Equivalents	$ 10,399	$ 11,615
Receivables, net	12,770	12,652
Inventories	1,848	1,742
Content advances	1,872	1,890
Other current assets	1,374	1,199
Total current assets	28,263	29,098
Produced and licensed content costs	36,949	35,777
Investments	3,387	3,218
Attractions, buildings and equipment	69,695	66,998
Accumulated depreciation	(41,452)	(39,356)
Parks, resorts and other property before projects in progress and land, Total	28,243	27,642
Projects in progress	5,175	4,814
Land	1,161	1,140
Parks, resorts and other property	34,579	33,596
Intangible assets, net	13,887	14,837
Goodwill	77,878	77,897
Other assets	9,915	9,208
Total assets	204,858	203,631
Current liabilities
Accounts payable and other accrued liabilities	18,591	20,213
Current portion of borrowings	3,452	3,070
Deferred revenue and other	6,013	5,790
Total current liabilities	28,056	29,073
Borrowings	45,066	45,299
Deferred income taxes	8,134	8,363
Other long-term liabilities	13,232	12,518
Commitments and contingencies
Redeemable Noncontrolling Interests	8,814	9,499
Equity
Preferred stock	0	0
Common stock, $0.01 par value, Authorized – 4.6 billion shares, Issued – 1.8 billion shares	56,919	56,398
Retained earnings	46,236	43,636
Accumulated other comprehensive loss	(4,389)	(4,119)
Treasury stock, at cost, 19 million shares	(907)	(907)
Total Disney Shareholders' equity	97,859	95,008
Noncontrolling interests	3,697	3,871
Total equity	101,556	98,879
Total liabilities and equity	$ 204,858	$ 203,631

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares shares in Millions	Apr. 01, 2023	Oct. 01, 2022
Common stock, par value	$ 0.01	$ 0.01
Common stock, authorized	4,600	4,600
Common stock, issued	1,800	1,800
Treasury Stock, Common, Shares	19	19

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Net Income from Continuing Operations	$ 2,849	$ 1,797
OPERATING ACTIVITIES
Depreciation and amortization	2,616	2,556
Net (gain) loss on investments	(88)	632
Deferred income taxes	(46)	983
Equity in the income of investees	(364)	(449)
Cash distributions received from equity investees	363	406
Net change in produced and licensed content costs and advances	(824)	(2,279)
Equity-based compensation	570	450
Pension and postretirement medical benefit cost amortization	2	310
Other, net	(234)	264
Changes in operating assets and liabilities:
Receivables	(413)	(342)
Inventories	(107)	(97)
Other assets	(345)	(676)
Accounts payable and other liabilities	(2,133)	(1,349)
Income taxes	416	(650)
Cash provided by operations - continuing operations	2,262	1,556
INVESTING ACTIVITIES
Investments in parks, resorts and other property	(2,430)	(2,060)
Other, net	(111)	36
Cash used in investing activities - continuing operations	(2,541)	(2,024)
FINANCING ACTIVITIES
Commercial paper borrowings (payments), net	714	(130)
Borrowings	70	70
Reduction of borrowings	(1,000)	(1,400)
Sale of noncontrolling interest	178	0
Acquisition of redeemable noncontrolling interest	(900)	0
Other, net	(188)	(637)
Cash used in financing activities - continuing operations	(1,126)	(2,097)
CASH FLOWS FROM DISCONTINUED OPERATIONS
Cash provided by operations - discontinued operations	0	8
Cash used in financing activities - discontinued operations	0	(12)
Cash used in discontinued operations	0	(4)
Impact of Exchange Rate on Cash, Cash Equivalents and Restricted Cash	197	(116)
Change in Cash, Cash Equivalents and Restricted Cash	(1,208)	(2,685)
Cash, Cash Equivalents and Restricted Cash, Beginning of Period	11,661	16,003
Cash, Cash Equivalents and Restricted Cash, End of Period	$ 10,453	$ 13,318

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Retained Earnings	AOCI Attributable to Parent	Treasury Stock	Disney Shareholders	Non-controlling Interests		Total excluding redeemable noncontrolling interest
BEGINNING BALANCE (in shares) at Oct. 02, 2021		1,818
Beginning Balance at Oct. 02, 2021		$ 55,471	$ 40,429	$ (6,440)	$ (907)	$ 88,553	$ 4,458	[1]	$ 93,011
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	$ 1,888		1,574	128		1,702	45	[1]	1,747
Equity compensation activity (in shares)		4
Equity compensation activity		$ 356				356			356
Contributions	0						29	[1]	29
Distributions and other		$ (4)	29			25	(509)	[1]	(484)
ENDING BALANCE (in shares) at Apr. 02, 2022		1,822
Ending Balance at Apr. 02, 2022		$ 55,823	42,032	(6,312)	(907)	90,636	4,023	[1]	94,659
BEGINNING BALANCE (in shares) at Jan. 01, 2022		1,821
Beginning Balance at Jan. 01, 2022		$ 55,500	41,547	(6,276)	(907)	89,864	4,446	[2]	94,310
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	553		470	(36)		434	49	[2]	483
Equity compensation activity (in shares)		1
Equity compensation activity		$ 327				327			327
Distributions and other		$ (4)	15			11	(472)	[2]	(461)
ENDING BALANCE (in shares) at Apr. 02, 2022		1,822
Ending Balance at Apr. 02, 2022		$ 55,823	42,032	(6,312)	(907)	90,636	4,023	[1]	94,659
BEGINNING BALANCE (in shares) at Oct. 01, 2022		1,824
Beginning Balance at Oct. 01, 2022	98,879	$ 56,398	43,636	(4,119)	(907)	95,008	3,871	[1]	98,879
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	2,624		2,550	(270)		2,280	131	[1]	2,411
Equity compensation activity (in shares)		3
Equity compensation activity		$ 525				525			525
Contributions	178						187	[1]	187
Distributions and other		$ (4)	50			46	(492)	[1]	(446)
ENDING BALANCE (in shares) at Apr. 01, 2023		1,827
Ending Balance at Apr. 01, 2023	101,556	$ 56,919	46,236	(4,389)	(907)	97,859	3,697	[2]	101,556
BEGINNING BALANCE (in shares) at Dec. 31, 2022		1,826
Beginning Balance at Dec. 31, 2022		$ 56,579	44,955	(4,478)	(907)	96,149	3,986	[2]	100,135
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income (loss)	1,577		1,271	89		1,360	147	[2]	1,507
Equity compensation activity (in shares)		1
Equity compensation activity		$ 345				345			345
Contributions							9	[2]	9
Distributions and other		$ (5)	10			5	(445)	[2]	(440)
ENDING BALANCE (in shares) at Apr. 01, 2023		1,827
Ending Balance at Apr. 01, 2023	$ 101,556	$ 56,919	$ 46,236	$ (4,389)	$ (907)	$ 97,859	$ 3,697	[2]	$ 101,556

[1]Excludes redeemable noncontrolling interests.[2]Excludes redeemable noncontrolling interests.

Principles of Consolidation

Principles of Consolidation	6 Months Ended
Principles of Consolidation	Apr. 01, 2023
Principles of Consolidation	Principles of Consolidation These Condensed Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) for interim financial information and the instructions to Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. We believe that we have included all normal recurring adjustments necessary for a fair statement of the results for the interim period. Operating results for the six months ended April 1, 2023 are not necessarily indicative of the results that may be expected for the year ending September 30, 2023. The terms “Company,” “Disney,” “we,” “us,” and “our” are used in this report to refer collectively to the parent company, The Walt Disney Company, as well as the subsidiaries through which its various businesses are actually conducted. These financial statements should be read in conjunction with the Company’s 2022 Annual Report on Form 10-K. Variable Interest Entities 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. Redeemable Noncontrolling Interests The Company consolidates the results of Hulu LLC (Hulu), a direct-to-consumer (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, beginning in January 2024, NBCU has the option to require the Company to purchase NBCU’s interest in Hulu and the Company has the option to require NBCU to sell its interest in Hulu to the Company, in either case at a redemption value based on NBCU’s equity ownership percentage of the greater of Hulu’s then equity fair value or a guaranteed floor value of $27.5 billion. NBCU’s interest will generally not be allocated its portion of Hulu’s losses, if any, as the redeemable noncontrolling interest is required to be carried at a minimum value. The minimum value is equal to the fair value as of the May 2019 agreement date accreted to the January 2024 estimated redemption value. At April 1, 2023, NBCU’s interest in Hulu is recorded in the Company’s financial statements at $8.8 billion, which is reported as “Redeemable noncontrolling interest” in the Condensed Consolidated Balance Sheets. We are accreting NBCU’s interest in Hulu to its guaranteed floor value. In determining the redemption value, our estimate of Hulu’s equity fair value in January 2024 requires management to make significant judgments. If our estimate of the future fair value of Hulu’s equity increased above the guaranteed floor value, we would change our rate of accretion, which would generally increase the amount recorded in “Net income from continuing operations attributable to noncontrolling interests” and thus reduce “Net income attributable to Disney” in the Condensed Consolidated Statements of Income. At October 1, 2022, Major League Baseball (MLB) held a 15% redeemable noncontrolling interest in BAMTech LLC (BAMTech), which was recorded in the Company’s financial statements at $828 million. In November 2022, the Company purchased MLB’s redeemable noncontrolling interest for $900 million, resulting in $72 million recorded as an increase in “Net income from continuing operations attributable to noncontrolling interests” in the Condensed Consolidated Statements of Income. Use of Estimates The preparation of financial statements in conformity with GAAP 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. Reclassifications Certain reclassifications have been made in the fiscal 2022 financial statements and notes to conform to the fiscal 2023 presentation.

Segment Information

Segment Information	6 Months Ended
Segment Information	Apr. 01, 2023
Segment Information	Segment Information The Company’s operations are conducted in the Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP) segments. Our operating segments report separate financial information, which is evaluated regularly by the Chief Executive Officer to allocate resources and assess performance. Segment operating results reflect earnings before corporate and unallocated shared expenses, restructuring and impairment charges, net other income/expense, net interest expense, income taxes and noncontrolling interests. Segment operating income includes equity in the income of investees and excludes impairments of certain equity investments and acquisition accounting amortization of TFCF Corporation (TFCF) and Hulu assets (i.e. intangible assets and the fair value step-up for film and television costs) recognized in connection with the TFCF acquisition in fiscal 2019 (TFCF and Hulu acquisition amortization). Corporate and unallocated shared expenses principally consist of corporate functions, executive management and certain unallocated administrative support functions. Segment operating results include allocations of certain costs, including information technology, pension, legal and other shared services costs, which are allocated based on metrics designed to correlate with consumption. Segment revenues and segment operating income are as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Revenues: Disney Media and Entertainment Distribution $ 14,039 $ 13,620 $ 28,815 $ 28,205 Disney Parks, Experiences and Products 7,776 6,652 16,512 13,886 Total segment revenues $ 21,815 $ 20,272 $ 45,327 $ 42,091 Segment operating income: Disney Media and Entertainment Distribution $ 1,119 $ 1,944 $ 1,109 $ 2,752 Disney Parks, Experiences and Products 2,166 1,755 5,219 4,205 Total segment operating income (1) $ 3,285 $ 3,699 $ 6,328 $ 6,957 (1) Equity in the income of investees is included in segment operating income as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Disney Media and Entertainment Distribution $ 176 $ 218 $ 372 $ 463 Disney Parks, Experiences and Products — (5) (2) (8) Equity in the income of investees included in segment operating income 176 213 370 455 Amortization of TFCF intangible assets related to equity investees (3) (3) (6) (6) Equity in the income of investees, net $ 173 $ 210 $ 364 $ 449 A reconciliation of segment revenues to total revenues is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Segment revenues $ 21,815 $ 20,272 $ 45,327 $ 42,091 Content License Early Termination (1) — (1,023) — (1,023) Total revenues $ 21,815 $ 19,249 $ 45,327 $ 41,068 (1) In February 2022, the Company early terminated certain license agreements with a customer for film and television content, which was delivered in previous years, in order for the Company to use the content primarily on our DTC services (Content License Early Termination). Because the content is functional intellectual property (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 made available under the agreements. Consequently, we recorded the amounts to terminate the licenses agreements, net of remaining amounts of deferred revenue, as a reduction of revenue. A reconciliation of segment operating income to income from continuing operations before income taxes is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Segment operating income $ 3,285 $ 3,699 $ 6,328 $ 6,957 Content License Early Termination — (1,023) — (1,023) Corporate and unallocated shared expenses (279) (272) (559) (500) Restructuring and impairment charges (152) (195) (221) (195) Other income (expense), net (1) 149 (158) 107 (594) Interest expense, net (322) (355) (622) (666) TFCF and Hulu acquisition amortization (2) (558) (594) (1,137) (1,189) Income from continuing operations before income taxes $ 2,123 $ 1,102 $ 3,896 $ 2,790 (1) See Note 4 for a discussion of amounts in other income (expense), net. (2) TFCF and Hulu acquisition amortization is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Amortization of intangible assets $ 408 $ 435 $ 825 $ 870 Step-up of film and television costs 147 156 306 313 Intangibles related to TFCF equity investees 3 3 6 6 $ 558 $ 594 $ 1,137 $ 1,189 Goodwill The changes in the carrying amount of goodwill are as follows: DMED DPEP Total Balance at October 1, 2022 $ 72,347 $ 5,550 $ 77,897 Currency translation adjustments and other, net (19) — (19) Balance at April 1, 2023 $ 72,328 $ 5,550 $ 77,878

Revenues

Revenues	6 Months Ended
Revenues	Apr. 01, 2023
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customer	Revenues The following table presents our revenues by segment and major source: Quarter Ended April 1, 2023 Quarter Ended April 2, 2022 DMED DPEP Total DMED DPEP Content License Early Termination Total Affiliate fees $ 4,394 $ — $ 4,394 $ 4,602 $ — $ — $ 4,602 Subscription fees 4,605 — 4,605 3,887 — — 3,887 Advertising 2,563 1 2,564 3,023 1 — 3,024 Theme park admissions — 2,428 2,428 — 1,973 — 1,973 Resort and vacations — 1,949 1,949 — 1,451 — 1,451 Retail and wholesale sales of merchandise, food and beverage — 2,142 2,142 — 1,816 — 1,816 Merchandise licensing — 772 772 — 893 — 893 TV/SVOD distribution licensing 1,033 — 1,033 1,124 — (1,023) 101 Theatrical distribution licensing 767 — 767 224 — — 224 Home entertainment 148 — 148 230 — — 230 Other 529 484 1,013 530 518 — 1,048 $ 14,039 $ 7,776 $ 21,815 $ 13,620 $ 6,652 $ (1,023) $ 19,249 Six Months Ended April 1, 2023 Six Months Ended April 2, 2022 DMED DPEP Total DMED DPEP Content License Early Termination Total Affiliate fees $ 8,636 $ — $ 8,636 $ 8,973 $ — $ — $ 8,973 Subscription fees 8,845 — 8,845 7,485 — — 7,485 Advertising 6,005 2 6,007 6,891 2 — 6,893 Theme park admissions — 5,069 5,069 — 4,125 — 4,125 Resort and vacations — 3,929 3,929 — 2,896 — 2,896 Retail and wholesale sales of merchandise, food and beverage — 4,524 4,524 — 3,905 — 3,905 Merchandise licensing — 1,915 1,915 — 2,012 — 2,012 TV/SVOD distribution licensing 2,012 — 2,012 2,520 — (1,023) 1,497 Theatrical distribution licensing 1,907 — 1,907 753 — — 753 Home entertainment 283 — 283 524 — — 524 Other 1,127 1,073 2,200 1,059 946 — 2,005 $ 28,815 $ 16,512 $ 45,327 $ 28,205 $ 13,886 $ (1,023) $ 41,068 The following table presents our revenues by segment and primary geographical markets: Quarter Ended April 1, 2023 Quarter Ended April 2, 2022 DMED DPEP Total DMED DPEP Total Americas $ 11,525 $ 6,105 $ 17,630 $ 11,191 $ 5,559 $ 16,750 Europe 1,447 744 2,191 1,343 627 1,970 Asia Pacific 1,067 927 1,994 1,086 466 1,552 Total revenues $ 14,039 $ 7,776 $ 21,815 $ 13,620 $ 6,652 $ 20,272 Content License Early Termination (1,023) $ 19,249 Six Months Ended April 1, 2023 Six Months Ended April 2, 2022 DMED DPEP Total DMED DPEP Total Americas $ 23,543 $ 13,058 $ 36,601 $ 23,021 $ 11,270 $ 34,291 Europe 3,021 1,810 4,831 2,881 1,492 4,373 Asia Pacific 2,251 1,644 3,895 2,303 1,124 3,427 Total revenues $ 28,815 $ 16,512 $ 45,327 $ 28,205 $ 13,886 $ 42,091 Content License Early Termination (1,023) $ 41,068 Revenues recognized in the current and prior-year periods from performance obligations satisfied (or partially satisfied) in previous reporting periods primarily relate to revenues earned on TV/SVOD licenses for titles made available to the licensee in previous reporting periods. For the quarter ended April 1, 2023, $0.7 billion was recognized related to performance obligations satisfied as of December 31, 2022. For the six months ended April 1, 2023, $0.5 billion was recognized related to performance obligations satisfied as of October 1, 2022. For the quarter ended April 2, 2022, $0.4 billion was recognized related to performance obligations satisfied as of January 1, 2022. For the six months ended April 2, 2022, $0.7 billion was recognized related to performance obligations satisfied as of October 2, 2021. As of April 1, 2023, revenue for unsatisfied performance obligations expected to be recognized in the future is $16 billion, primarily for content and other IP to be made available in the future under existing agreements with merchandise and co-branding licensees and sponsors, television station affiliates, DTC wholesalers, sports sublicensees, and advertisers. Of this amount, we expect to recognize approximately $3 billion in the remainder of fiscal 2023, $5 billion in fiscal 2024, $4 billion in fiscal 2025 and $4 billion thereafter. These amounts include only fixed consideration or minimum guarantees and do not include amounts related to (i) contracts with an original expected term of one year or less (such as most advertising contracts) or (ii) licenses of IP that are solely based on the sales of the licensee. When the timing of the Company’s revenue recognition is different from the timing of customer payments, the Company recognizes either a contract asset (customer payment is subsequent to revenue recognition and subject to the Company satisfying additional performance obligations) or deferred revenue (customer payment precedes the Company satisfying the performance obligations). Consideration due under contracts with payment in arrears is recognized as accounts receivable. Deferred revenues are recognized as (or when) the Company performs under the contract. The Company’s contract assets and activity for the current and prior-year periods were not material. Accounts receivable and deferred revenues from contracts with customers are as follows: April 1, October 1, Accounts receivable Current $ 11,189 $ 10,886 Non-current 1,153 1,226 Allowance for credit losses (164) (179) Deferred revenues Current 5,750 5,531 Non-current 870 927 For the quarter and six months ended April 1, 2023, the Company recognized revenue of $0.9 billion and $4.3 billion, respectively, that was included in the October 1, 2022 deferred revenue balance. For the quarter and six months ended April 2, 2022, the Company recognized revenue of $0.9 billion and $2.8 billion, respectively, that was included in the October 2, 2021 deferred revenue balance. Amounts deferred generally relate to theme park admissions and vacation packages, DTC subscriptions and advances related to merchandise and TV/SVOD licenses. 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 and supportable forecasts of future economic conditions. In times of economic turmoil, our estimates and judgments with respect to the collectability of our receivables are subject to greater uncertainty than in more stable periods. The Company has accounts receivable with original maturities greater than one year related to the sale of film and television program rights (TV/SVOD licensing) and vacation club properties. These receivables are discounted to present value at contract inception and the related revenues are recognized at the discounted amount. The balance of TV/SVOD licensing receivables recorded in other non-current assets was $0.5 billion at April 1, 2023 and $0.6 billion at October 1, 2022. The balance of vacation club receivables recorded in other non-current assets was $0.6 billion at both April 1, 2023 and October 1, 2022. The allowance for credit losses and activity for the period ended April 1, 2023 was not material.

Other Income (Expense), Net

Other Income (Expense), Net	6 Months Ended
Other Income (Expense), Net	Apr. 01, 2023
Other Income and Expenses [Abstract]
Other Income and Other Expense Disclosure [Text Block]	Other Income (Expense), net Other income (expense), net is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, DraftKings gain (loss) $ 149 $ (158) $ 79 $ (590) Other, net — — 28 (4) Other income (expense), net $ 149 $ (158) $ 107 $ (594) For the quarter and six months ended April 1, 2023, the Company recognized a non-cash gain of $149 million and $79 million, respectively, to adjust its investment in DraftKings, Inc. (DraftKings) to fair value (DraftKings gain (loss)). For the prior-year quarter and six months ended April 2, 2022, the Company recognized a DraftKings loss of $158 million and $590 million, respectively.

Cash, Cash Equivalents, Restric

Cash, Cash Equivalents, Restricted Cash and Borrowings	6 Months Ended
Cash, Cash Equivalents, Restricted Cash and Borrowings	Apr. 01, 2023
Disclosure of Cash, Cash Equivalents, Restricted Cash and Borrowings	Cash, Cash Equivalents, Restricted Cash and Borrowings Cash, Cash Equivalents and Restricted Cash The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheets to the total of the amounts reported in the Condensed Consolidated Statements of Cash Flows. April 1, October 1, Cash and cash equivalents $ 10,399 $ 11,615 Restricted cash included in: Other current assets 3 3 Other assets 51 43 Total cash, cash equivalents and restricted cash in the statement of cash flows $ 10,453 $ 11,661 Borrowings During the six months ended April 1, 2023, the Company’s borrowing activity was as follows: October 1, Borrowings Payments Other April 1, Commercial paper with original maturities less than three months $ 50 $ 958 $ — $ 2 $ 1,010 Commercial paper with original maturities greater than three months 1,612 2,022 (2,266) 9 1,377 U.S. dollar denominated notes 45,091 — (1,000) (69) 44,022 Asia Theme Parks borrowings 1,425 70 — 79 1,574 Foreign currency denominated debt and other (1) 191 — — 344 535 $ 48,369 $ 3,050 $ (3,266) $ 365 $ 48,518 (1) The other activity is primarily due to market value adjustments for debt with qualifying hedges. At April 1, 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 The Company had a $5.25 billion bank facility that was scheduled to expire in March 2023. This facility was refinanced with a new $5.25 billion bank facility maturing in March 2024. All three of the bank facilities allow for borrowings at SOFR-based rates, 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 and 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 April 1, 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 April 1, 2023, the Company has $1.9 billion of outstanding letters of credit, of which none were issued under this facility. 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 is available beginning in August 2023 and $1.1 billion is available beginning in August 2024. Each tranche of financing may be utilized within 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 . Interest expense, net Interest expense (net of amounts capitalized), interest and investment income, and net periodic pension and postretirement benefit costs (other than service costs) (see Note 9) are reported net in the Condensed Consolidated Statements of Income and consist of the following: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Interest expense $ (504) $ (374) $ (969) $ (735) Interest and investment income 98 3 177 37 Net periodic pension and postretirement benefit costs (other than service costs) 84 16 170 32 Interest expense, net $ (322) $ (355) $ (622) $ (666) Interest and investment income includes gains and losses on certain publicly traded and non-public investments, investment impairments and interest earned on cash and cash equivalents and certain receivables.

International Theme Parks

International Theme Parks	6 Months Ended
International Theme Parks	Apr. 01, 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. 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 Condensed Consolidated Balance Sheets: April 1, October 1, 2022 Cash and cash equivalents $ 387 $ 280 Other current assets 195 137 Total current assets 582 417 Parks, resorts and other property 6,419 6,356 Other assets 196 161 Total assets $ 7,197 $ 6,934 Current liabilities $ 450 $ 468 Long-term borrowings 1,574 1,426 Other long-term liabilities 459 395 Total liabilities $ 2,483 $ 2,289 The following table summarizes the International Theme Parks’ revenues and costs and expenses included in the Company’s Condensed Consolidated Statements of Income for the six months ended April 1, 2023: Revenues $ 2,091 Costs and expenses (1,995) Equity in the loss of investees (2) Asia Theme Parks’ royalty and management fees of $83 million for the six months ended April 1, 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 Condensed Consolidated Statements of Cash Flows for the six months ended April 1, 2023 were $509 million provided by operating activities, $483 million used in investing activities and $78 million provided by 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 $157 million and $105 million, respectively. The interest rate on both loans is three month HIBOR plus 2%, and the 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 ($344 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 April 1, 2023 was $230 million. The Company’s line of credit is eliminated in consolidation. 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 $945 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 April 1, 2023, the total amount outstanding under the line of credit was 1.2 billion yuan (approximately $180 million). These balances are eliminated in consolidation. Shendi has provided Shanghai Disney Resort with loans totaling 8.5 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 April 1, 2023 the total amount outstanding under the line of credit was 1.6 billion yuan (approximately $238 million).

Produced and Acquired_Licensed

Produced and Acquired/Licensed Content Costs and Advances	6 Months Ended
Produced and Acquired/Licensed Content Costs and Advances	Apr. 01, 2023
Other Industries [Abstract]
Produced and Acquired/Licensed Content Costs and Advances Disclosure	Produced and Acquired/Licensed Content Costs and Advances The Company classifies its capitalized produced and acquired/licensed content costs as long-term assets and classifies advances for live programming rights made prior to the live event as short-term assets. 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 film or television 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) Total capitalized produced and licensed content by predominant monetization strategy is as follows: As of April 1, 2023 As of October 1, 2022 Predominantly Monetized Individually Predominantly Monetized Total Predominantly Monetized Individually Predominantly Monetized Total Produced content Released, less amortization $ 4,996 $ 14,005 $ 19,001 $ 4,639 $ 12,688 $ 17,327 Completed, not released 130 1,540 1,670 214 2,019 2,233 In-process 3,992 7,793 11,785 5,041 6,793 11,834 In development or pre-production 343 251 594 372 254 626 $ 9,461 $ 23,589 33,050 $ 10,266 $ 21,754 32,020 Licensed content - Television programming rights and advances 5,771 5,647 Total produced and licensed content $ 38,821 $ 37,667 Current portion $ 1,872 $ 1,890 Non-current portion $ 36,949 $ 35,777 Amortization of produced and licensed content is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Produced content Predominantly monetized individually $ 1,006 $ 838 $ 2,163 $ 1,871 Predominantly monetized as a group 1,952 1,503 4,112 3,121 2,958 2,341 6,275 4,992 Licensed programming rights and advances 3,196 2,839 7,735 7,650 Total produced and licensed content costs (1) $ 6,154 $ 5,180 $ 14,010 $ 12,642 (1) Primarily included in “Costs of services” in the Condensed Consolidated Statements of Income.

Income Taxes Income Tax

Income Taxes Income Tax	6 Months Ended
Income Taxes Income Tax	Apr. 01, 2023
Income Tax Disclosure [Abstract]
Income Tax Disclosure	Income Taxes Unrecognized Tax Benefits During the six months ended April 1, 2023, the Company increased its gross unrecognized tax benefits (before interest and penalties) by $0.2 billion to $2.7 billion. In the next twelve months, it is reasonably possible that our unrecognized tax benefits could change due to resolutions of open tax matters, which would reduce our unrecognized tax benefits by $0.1 billion. California Disaster Relief Pursuant to relief provided to certain taxpayers by the Internal Revenue Service and California State Board of Equalization as a result of winter storms in California, the Company is permitted to defer payment of fiscal 2023 federal and California state tax payments until October 16, 2023.

Pension and Other Benefit Progr

Pension and Other Benefit Programs	6 Months Ended
Pension and Other Benefit Programs	Apr. 01, 2023
Retirement Benefits [Abstract]
Pension and Other Benefit Programs	Pension and Other Benefit Programs The components of net periodic benefit cost (income) are as follows: Pension Plans Postretirement Medical Plans Quarter Ended Six Months Ended Quarter Ended Six Months Ended April 1, April 2, April 1, 2023 April 2, 2022 April 1, April 2, April 1, 2023 April 2, 2022 Service costs $ 63 $ 102 $ 128 $ 202 $ 2 $ 3 $ 3 $ 5 Other costs (benefits): Interest costs 195 126 391 250 21 13 41 26 Expected return on plan assets (287) (294) (575) (587) (15) (14) (30) (29) Amortization of previously deferred service costs 3 1 5 2 — — — — Recognized net actuarial loss 4 145 9 292 (5) 7 (11) 14 Total other costs (benefits) (85) (22) (170) (43) 1 6 — 11 Net periodic benefit cost (income) $ (22) $ 80 $ (42) $ 159 $ 3 $ 9 $ 3 $ 16 During the six months ended April 1, 2023, the Company did not make any material contributions to its pension and postretirement medical plans and does not currently expect to make any material contributions for the remainder of fiscal 2023. Final minimum funding requirements for fiscal 2023 will be determined based on a January 1, 2023 funding actuarial valuation, which is expected to be received in the fourth quarter of fiscal 2023.

Earnings Per Share

Earnings Per Share	6 Months Ended
Earnings Per Share	Apr. 01, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Diluted earnings per share amounts are based upon the weighted average number of common and common equivalent shares outstanding during the period and are calculated using the treasury stock method for equity-based compensation awards (Awards). 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: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Shares (in millions): Weighted average number of common and common equivalent shares outstanding (basic) 1,828 1,822 1,827 1,820 Weighted average dilutive impact of Awards 3 6 2 8 Weighted average number of common and common equivalent shares outstanding (diluted) 1,831 1,828 1,829 1,828 Awards excluded from diluted earnings per share 25 9 25 6

Equity

Equity	6 Months Ended
Equity	Apr. 01, 2023
Equity [Abstract]
Equity	Equity The following tables summarize the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts: Market Value Adjustments for Hedges Unrecognized Foreign AOCI AOCI, before tax Second quarter of fiscal 2023 Balance at December 31, 2022 $ 111 $ (3,769) $ (1,826) $ (5,484) Quarter Ended April 1, 2023: Unrealized gains (losses) arising during the period 7 71 125 203 Reclassifications of realized net (gains) losses to net income (116) 1 — (115) Balance at April 1, 2023 $ 2 $ (3,697) $ (1,701) $ (5,396) Second quarter of fiscal 2022 Balance at January 1, 2022 $ (83) $ (6,823) $ (1,084) $ (7,990) Quarter Ended April 2, 2022: Unrealized gains (losses) arising during the period 53 — (196) (143) Reclassifications of realized net (gains) losses to net income (21) 155 — 134 Balance at April 2, 2022 $ (51) $ (6,668) $ (1,280) $ (7,999) Six months ended fiscal 2023 Balance at October 1, 2022 $ 804 $ (3,770) $ (2,014) $ (4,980) Six Months Ended April 1, 2023: Unrealized gains (losses) arising during the period (468) 71 271 (126) Reclassifications of realized net (gains) losses to net income (334) 2 42 (290) Balance at April 1, 2023 $ 2 $ (3,697) $ (1,701) $ (5,396) Six months ended fiscal 2022 Balance at October 2, 2021 $ (152) $ (7,025) $ (1,047) $ (8,224) Six Months Ended April 2, 2022: Unrealized gains (losses) arising during the period 140 47 (233) (46) Reclassifications of realized net (gains) losses to net income (39) 310 — 271 Balance at April 2, 2022 $ (51) $ (6,668) $ (1,280) $ (7,999) Market Value Adjustments for Hedges Unrecognized Foreign AOCI Tax on AOCI Second quarter of fiscal 2023 Balance at December 31, 2022 $ (28) $ 901 $ 133 $ 1,006 Quarter Ended April 1, 2023: Unrealized gains (losses) arising during the period — (16) (10) (26) Reclassifications of realized net (gains) losses to net income 27 — — 27 Balance at April 1, 2023 $ (1) $ 885 $ 123 $ 1,007 Second quarter of fiscal 2022 Balance at January 1, 2022 $ 23 $ 1,606 $ 85 $ 1,714 Quarter Ended April 2, 2022: Unrealized gains (losses) arising during the period (9) — 13 4 Reclassifications of realized net (gains) losses to net income 5 (36) — (31) Balance at April 2, 2022 $ 19 $ 1,570 $ 98 $ 1,687 Six months ended fiscal 2023 Balance at October 1, 2022 $ (179) $ 901 $ 139 $ 861 Six Months Ended April 1, 2023: Unrealized gains (losses) arising during the period 100 (16) (2) 82 Reclassifications of realized net (gains) losses to net income 78 — (14) 64 Balance at April 1, 2023 $ (1) $ 885 $ 123 $ 1,007 Six months ended fiscal 2022 Balance at October 2, 2021 $ 42 $ 1,653 $ 89 $ 1,784 Six Months Ended April 2, 2022: Unrealized gains (losses) arising during the period (32) (11) 9 (34) Reclassifications of realized net (gains) losses to net income 9 (72) — (63) Balance at April 2, 2022 $ 19 $ 1,570 $ 98 $ 1,687 Market Value Adjustments for Hedges Unrecognized Foreign AOCI AOCI, after tax Second quarter of fiscal 2023 Balance at December 31, 2022 $ 83 $ (2,868) $ (1,693) $ (4,478) Quarter Ended April 1, 2023: Unrealized gains (losses) arising during the period 7 55 115 177 Reclassifications of realized net (gains) losses to net income (89) 1 — (88) Balance at April 1, 2023 $ 1 $ (2,812) $ (1,578) $ (4,389) Second quarter of fiscal 2022 Balance at January 1, 2022 $ (60) $ (5,217) $ (999) $ (6,276) Quarter Ended April 2, 2022: Unrealized gains (losses) arising during the period 44 — (183) (139) Reclassifications of realized net (gains) losses to net income (16) 119 — 103 Balance at April 2, 2022 $ (32) $ (5,098) $ (1,182) $ (6,312) Six months ended fiscal 2023 Balance at October 1, 2022 $ 625 $ (2,869) $ (1,875) $ (4,119) Six Months Ended April 1, 2023: Unrealized gains (losses) arising during the period (368) 55 269 (44) Reclassifications of realized net (gains) losses to net income (256) 2 28 (226) Balance at April 1, 2023 $ 1 $ (2,812) $ (1,578) $ (4,389) Six months ended fiscal 2022 Balance at October 2, 2021 $ (110) $ (5,372) $ (958) $ (6,440) Six Months Ended April 2, 2022: Unrealized gains (losses) arising during the period 108 36 (224) (80) Reclassifications of realized net (gains) losses to net income (30) 238 — 208 Balance at April 2, 2022 $ (32) $ (5,098) $ (1,182) $ (6,312) Details about AOCI components reclassified to net income are as follows: Gain (loss) in net income: Affected line item in the Condensed Consolidated Statements of Operations: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Market value adjustments, primarily cash flow hedges Primarily revenue $ 116 $ 21 $ 334 $ 39 Estimated tax Income taxes (27) (5) (78) (9) 89 16 256 30 Pension and postretirement medical expense Interest expense, net (1) (155) (2) (310) Estimated tax Income taxes — 36 — 72 (1) (119) (2) (238) Foreign currency translation and other Restructuring and impairment charges — — (42) — Estimated tax Income taxes — — 14 — — — (28) — Total reclassifications for the period $ 88 $ (103) $ 226 $ (208)

Equity-Based Compensation

Equity-Based Compensation	6 Months Ended
Equity-Based Compensation	Apr. 01, 2023
Share-Based Payment Arrangement [Abstract]
Equity-Based Compensation	Equity-Based Compensation Compensation expense related to stock options and restricted stock units (RSUs) is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Stock options $ 20 $ 21 $ 39 $ 45 RSUs 280 233 531 405 Total equity-based compensation expense (1) $ 300 $ 254 $ 570 $ 450 Equity-based compensation expense capitalized during the period $ 37 $ 40 $ 73 $ 70 (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. Unrecognized compensation cost related to unvested stock options and RSUs was $96 million and $1.9 billion, respectively, as of April 1, 2023. During the six months ended April 1, 2023 and April 2, 2022, the weighted average grant date fair values for options granted were $34.72 and $47.39, respectively, and for RSUs were $92.07 and $148.75, respectively. During the six months ended April 1, 2023, the Company made equity compensation grants consisting of 1.6 million stock options and 9.7 million RSUs.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Apr. 01, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Matters The Company, together with, in some instances, certain of its directors and officers, is a defendant in various 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.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Apr. 01, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements 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: 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 The Company’s assets and liabilities measured at fair value are summarized in the following tables by fair value measurement Level: Fair Value Measurement at April 1, 2023 Level 1 Level 2 Level 3 Total Assets Investments $ 393 $ — $ — $ 393 Derivatives Foreign exchange — 1,074 — 1,074 Other — 22 — 22 Liabilities Derivatives Interest rate — (1,523) — (1,523) Foreign exchange — (807) — (807) Other — (6) — (6) Other — (448) — (448) Total recorded at fair value $ 393 $ (1,688) $ — $ (1,295) Fair value of borrowings $ — $ 44,506 $ 1,663 $ 46,169 Fair Value Measurement at October 1, 2022 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 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.

Derivative Instruments

Derivative Instruments	6 Months Ended
Derivative Instruments	Apr. 01, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments The Company manages its exposure to various 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 April 1, 2023 Current Other Assets Other Current Liabilities Other Long- Derivatives designated as hedges Foreign exchange $ 518 $ 326 $ (229) $ (90) Interest rate — — (1,523) — Other 3 1 (5) (1) Derivatives not designated as hedges Foreign exchange 226 4 (424) (64) Other 18 — — — Gross fair value of derivatives 765 331 (2,181) (155) Counterparty netting (630) (221) 760 91 Cash collateral (received) paid (55) (5) 1,382 51 Net derivative positions $ 80 $ 105 $ (39) $ (13) As of October 1, 2022 Current Other Assets Other Current Liabilities 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) 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 at April 1, 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 April 1, October 1, 2022 April 1, October 1, 2022 Borrowings: Current $ — $ 997 $ — $ (3) Long-term 12,708 12,358 (1,431) (1,733) $ 12,708 $ 13,355 $ (1,431) $ (1,736) The following amounts are included in “Interest expense, net” in the Condensed Consolidated Statements of Income: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Gain (loss) on: Pay-floating swaps $ 235 $ (741) $ 306 $ (919) Borrowings hedged with pay-floating swaps (235) 741 (306) 919 Benefit (expense) associated with interest accruals on pay-floating swaps (125) 33 (220) 70 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 April 1, 2023 or at October 1, 2022, and gains and losses related to pay-fixed interest rate swaps recognized in earnings for the quarters and six-month periods ended April 1, 2023 and April 2, 2022 were not material. Foreign Exchange Risk Management The Company transacts business globally and is subject to risks associated with changing foreign currency exchange rates. The Company’s objective is to reduce earnings and cash flow fluctuations associated with foreign currency exchange rate changes, enabling management to focus on core business issues and challenges. The Company enters into option and forward contracts that change in value as foreign currency exchange rates change 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 April 1, 2023 and October 1, 2022, the notional amounts of the Company’s net foreign exchange cash flow hedges were $8.4 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 $244 million. The following table summarizes the effect of foreign exchange cash flow hedges on AOCI: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Gain (loss) recognized in Other Comprehensive Income $ 15 $ 42 $ (487) $ 121 Gain (loss) reclassified from AOCI into the Statements of Operations (1) 116 13 338 26 (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 April 1, 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) and Canadian $1.3 billion ($0.9 billion), respectively. The related gains or losses recognized in earnings were not material for the quarters and six-month periods ended April 1, 2023 and April 2, 2022. 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 net notional amounts of these foreign exchange contracts at April 1, 2023 and October 1, 2022 were $4.3 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 Condensed Consolidated Statements of Income: Costs and Expenses Interest expense, net Income Tax Expense Quarter Ended: April 1, April 2, April 1, April 2, April 1, April 2, Net gains (losses) on foreign currency denominated assets and liabilities $ 15 $ (82) $ (2) $ (13) $ (21) $ 37 Net gains (losses) on foreign exchange risk management contracts not designated as hedges (47) 37 1 10 17 (35) Net gains (losses) $ (32) $ (45) $ (1) $ (3) $ (4) $ 2 Six Months Ended: Net gains (losses) on foreign currency denominated assets and liabilities $ 160 $ (145) $ (20) $ (12) $ (109) $ 45 Net gains (losses) on foreign exchange risk management contracts not designated as hedges (260) 70 19 10 87 (43) Net gains (losses) $ (100) $ (75) $ (1) $ (2) $ (22) $ 2 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 April 1, 2023 and October 1, 2022 and related gains or losses recognized in earnings for the quarters and six-month periods ended April 1, 2023 and April 2, 2022 were not material. 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 amounts of these contracts at both April 1, 2023 and October 1, 2022 were $0.4 billion. The related gains or losses recognized in earnings were not material for the quarters and six-month periods ended April 1, 2023 and April 2, 2022. 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 $1.5 billion at both April 1, 2023 and October 1, 2022.

Restructuring and Impairment Ch

Restructuring and Impairment Charges	6 Months Ended
Restructuring and Impairment Charges	Apr. 01, 2023
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure	Restructuring and Impairment ChargesThe quarter ended April 1, 2023 included charges of $152 million primarily for severance costs. The six months ended April 1, 2023 included charges of $221 million primarily for severance costs and costs related to exiting our businesses in Russia. The quarter and six months ended April 2, 2022 included charges of $195 million due to the impairment of an intangible asset related to the Disney Channel in Russia. These charges are recorded in “Restructuring and impairment charges” in the Condensed Consolidated Statements of Income.

New Accounting Pronouncements

New Accounting Pronouncements	6 Months Ended
New Accounting Pronouncements	Apr. 01, 2023
Accounting Standards Update and Change in Accounting Principle [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements Accounting Pronouncements Not Yet Adopted 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 guidance is effective for annual periods beginning with the Company’s 2023 fiscal year. While the guidance will not have an effect on the Company’s Consolidated Statements of Operations or Consolidated Balance Sheets upon adoption in the fourth quarter of fiscal 2023, the Company may need to provide disclosures related to content production incentives, which are the most significant type of government assistance we receive.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
Segment Information (Tables)	Apr. 01, 2023
Financial Information by Operating Segments	Segment revenues and segment operating income are as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Revenues: Disney Media and Entertainment Distribution $ 14,039 $ 13,620 $ 28,815 $ 28,205 Disney Parks, Experiences and Products 7,776 6,652 16,512 13,886 Total segment revenues $ 21,815 $ 20,272 $ 45,327 $ 42,091 Segment operating income: Disney Media and Entertainment Distribution $ 1,119 $ 1,944 $ 1,109 $ 2,752 Disney Parks, Experiences and Products 2,166 1,755 5,219 4,205 Total segment operating income (1) $ 3,285 $ 3,699 $ 6,328 $ 6,957 (1) Equity in the income of investees is included in segment operating income as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Disney Media and Entertainment Distribution $ 176 $ 218 $ 372 $ 463 Disney Parks, Experiences and Products — (5) (2) (8) Equity in the income of investees included in segment operating income 176 213 370 455 Amortization of TFCF intangible assets related to equity investees (3) (3) (6) (6) Equity in the income of investees, net $ 173 $ 210 $ 364 $ 449
Equity In Income of Investees By Segment	Equity in the income of investees is included in segment operating income as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Disney Media and Entertainment Distribution $ 176 $ 218 $ 372 $ 463 Disney Parks, Experiences and Products — (5) (2) (8) Equity in the income of investees included in segment operating income 176 213 370 455 Amortization of TFCF intangible assets related to equity investees (3) (3) (6) (6) Equity in the income of investees, net $ 173 $ 210 $ 364 $ 449
Reconciliation of Revenue from Segments to Consolidated	A reconciliation of segment revenues to total revenues is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Segment revenues $ 21,815 $ 20,272 $ 45,327 $ 42,091 Content License Early Termination (1) — (1,023) — (1,023) Total revenues $ 21,815 $ 19,249 $ 45,327 $ 41,068 (1) In February 2022, the Company early terminated certain license agreements with a customer for film and television content, which was delivered in previous years, in order for the Company to use the content primarily on our DTC services (Content License Early Termination). Because the content is functional intellectual property (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 made available under the agreements. Consequently, we recorded the amounts to terminate the licenses 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: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Segment operating income $ 3,285 $ 3,699 $ 6,328 $ 6,957 Content License Early Termination — (1,023) — (1,023) Corporate and unallocated shared expenses (279) (272) (559) (500) Restructuring and impairment charges (152) (195) (221) (195) Other income (expense), net (1) 149 (158) 107 (594) Interest expense, net (322) (355) (622) (666) TFCF and Hulu acquisition amortization (2) (558) (594) (1,137) (1,189) Income from continuing operations before income taxes $ 2,123 $ 1,102 $ 3,896 $ 2,790 (1) See Note 4 for a discussion of amounts in other income (expense), net. (2) TFCF and Hulu acquisition amortization is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Amortization of intangible assets $ 408 $ 435 $ 825 $ 870 Step-up of film and television costs 147 156 306 313 Intangibles related to TFCF equity investees 3 3 6 6 $ 558 $ 594 $ 1,137 $ 1,189
Components of TFCF and Hulu Acquisition Amortization	TFCF and Hulu acquisition amortization is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Amortization of intangible assets $ 408 $ 435 $ 825 $ 870 Step-up of film and television costs 147 156 306 313 Intangibles related to TFCF equity investees 3 3 6 6 $ 558 $ 594 $ 1,137 $ 1,189
Schedule of Goodwill	The changes in the carrying amount of goodwill are as follows: DMED DPEP Total Balance at October 1, 2022 $ 72,347 $ 5,550 $ 77,897 Currency translation adjustments and other, net (19) — (19) Balance at April 1, 2023 $ 72,328 $ 5,550 $ 77,878

Revenues (Tables)

Revenues (Tables)	6 Months Ended
Revenues (Tables)	Apr. 01, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue by Major Source	The following table presents our revenues by segment and major source: Quarter Ended April 1, 2023 Quarter Ended April 2, 2022 DMED DPEP Total DMED DPEP Content License Early Termination Total Affiliate fees $ 4,394 $ — $ 4,394 $ 4,602 $ — $ — $ 4,602 Subscription fees 4,605 — 4,605 3,887 — — 3,887 Advertising 2,563 1 2,564 3,023 1 — 3,024 Theme park admissions — 2,428 2,428 — 1,973 — 1,973 Resort and vacations — 1,949 1,949 — 1,451 — 1,451 Retail and wholesale sales of merchandise, food and beverage — 2,142 2,142 — 1,816 — 1,816 Merchandise licensing — 772 772 — 893 — 893 TV/SVOD distribution licensing 1,033 — 1,033 1,124 — (1,023) 101 Theatrical distribution licensing 767 — 767 224 — — 224 Home entertainment 148 — 148 230 — — 230 Other 529 484 1,013 530 518 — 1,048 $ 14,039 $ 7,776 $ 21,815 $ 13,620 $ 6,652 $ (1,023) $ 19,249 Six Months Ended April 1, 2023 Six Months Ended April 2, 2022 DMED DPEP Total DMED DPEP Content License Early Termination Total Affiliate fees $ 8,636 $ — $ 8,636 $ 8,973 $ — $ — $ 8,973 Subscription fees 8,845 — 8,845 7,485 — — 7,485 Advertising 6,005 2 6,007 6,891 2 — 6,893 Theme park admissions — 5,069 5,069 — 4,125 — 4,125 Resort and vacations — 3,929 3,929 — 2,896 — 2,896 Retail and wholesale sales of merchandise, food and beverage — 4,524 4,524 — 3,905 — 3,905 Merchandise licensing — 1,915 1,915 — 2,012 — 2,012 TV/SVOD distribution licensing 2,012 — 2,012 2,520 — (1,023) 1,497 Theatrical distribution licensing 1,907 — 1,907 753 — — 753 Home entertainment 283 — 283 524 — — 524 Other 1,127 1,073 2,200 1,059 946 — 2,005 $ 28,815 $ 16,512 $ 45,327 $ 28,205 $ 13,886 $ (1,023) $ 41,068
Disaggregation of Revenue by Geographical Markets	The following table presents our revenues by segment and primary geographical markets: Quarter Ended April 1, 2023 Quarter Ended April 2, 2022 DMED DPEP Total DMED DPEP Total Americas $ 11,525 $ 6,105 $ 17,630 $ 11,191 $ 5,559 $ 16,750 Europe 1,447 744 2,191 1,343 627 1,970 Asia Pacific 1,067 927 1,994 1,086 466 1,552 Total revenues $ 14,039 $ 7,776 $ 21,815 $ 13,620 $ 6,652 $ 20,272 Content License Early Termination (1,023) $ 19,249 Six Months Ended April 1, 2023 Six Months Ended April 2, 2022 DMED DPEP Total DMED DPEP Total Americas $ 23,543 $ 13,058 $ 36,601 $ 23,021 $ 11,270 $ 34,291 Europe 3,021 1,810 4,831 2,881 1,492 4,373 Asia Pacific 2,251 1,644 3,895 2,303 1,124 3,427 Total revenues $ 28,815 $ 16,512 $ 45,327 $ 28,205 $ 13,886 $ 42,091 Content License Early Termination (1,023) $ 41,068
Contract with Customer, Asset and Liability	Accounts receivable and deferred revenues from contracts with customers are as follows: April 1, October 1, Accounts receivable Current $ 11,189 $ 10,886 Non-current 1,153 1,226 Allowance for credit losses (164) (179) Deferred revenues Current 5,750 5,531 Non-current 870 927

Other Income (Expense), Net (Ta

Other Income (Expense), Net (Tables)	6 Months Ended
Other Income (Expense), Net (Tables)	Apr. 01, 2023
Other Income and Expenses [Abstract]
Other Nonoperating Income and Expense	Other income (expense), net is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, DraftKings gain (loss) $ 149 $ (158) $ 79 $ (590) Other, net — — 28 (4) Other income (expense), net $ 149 $ (158) $ 107 $ (594)

Cash, Cash Equivalents, Restr_2

Cash, Cash Equivalents, Restricted Cash and Borrowings (Tables)	6 Months Ended
	Apr. 01, 2023
Schedule of Cash Flow, Supplemental Disclosures	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheets to the total of the amounts reported in the Condensed Consolidated Statements of Cash Flows. April 1, October 1, Cash and cash equivalents $ 10,399 $ 11,615 Restricted cash included in: Other current assets 3 3 Other assets 51 43 Total cash, cash equivalents and restricted cash in the statement of cash flows $ 10,453 $ 11,661
Borrowing Activity	During the six months ended April 1, 2023, the Company’s borrowing activity was as follows: October 1, Borrowings Payments Other April 1, Commercial paper with original maturities less than three months $ 50 $ 958 $ — $ 2 $ 1,010 Commercial paper with original maturities greater than three months 1,612 2,022 (2,266) 9 1,377 U.S. dollar denominated notes 45,091 — (1,000) (69) 44,022 Asia Theme Parks borrowings 1,425 70 — 79 1,574 Foreign currency denominated debt and other (1) 191 — — 344 535 $ 48,369 $ 3,050 $ (3,266) $ 365 $ 48,518 (1) The other activity is primarily due to market value adjustments for debt with qualifying hedges.
Line of Credit Facilities	At April 1, 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
Interest Expense, net	Interest expense (net of amounts capitalized), interest and investment income, and net periodic pension and postretirement benefit costs (other than service costs) (see Note 9) are reported net in the Condensed Consolidated Statements of Income and consist of the following: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Interest expense $ (504) $ (374) $ (969) $ (735) Interest and investment income 98 3 177 37 Net periodic pension and postretirement benefit costs (other than service costs) 84 16 170 32 Interest expense, net $ (322) $ (355) $ (622) $ (666)

International Theme Parks (Tabl

International Theme Parks (Tables)	6 Months Ended
International Theme Parks (Tables)	Apr. 01, 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 Condensed Consolidated Balance Sheets: April 1, October 1, 2022 Cash and cash equivalents $ 387 $ 280 Other current assets 195 137 Total current assets 582 417 Parks, resorts and other property 6,419 6,356 Other assets 196 161 Total assets $ 7,197 $ 6,934 Current liabilities $ 450 $ 468 Long-term borrowings 1,574 1,426 Other long-term liabilities 459 395 Total liabilities $ 2,483 $ 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 Condensed Consolidated Statements of Income for the six months ended April 1, 2023: Revenues $ 2,091 Costs and expenses (1,995) Equity in the loss of investees (2)

Produced and Acquired_License_2

Produced and Acquired/Licensed Content Costs and Advances (Tables)	6 Months Ended
	Apr. 01, 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 April 1, 2023 As of October 1, 2022 Predominantly Monetized Individually Predominantly Monetized Total Predominantly Monetized Individually Predominantly Monetized Total Produced content Released, less amortization $ 4,996 $ 14,005 $ 19,001 $ 4,639 $ 12,688 $ 17,327 Completed, not released 130 1,540 1,670 214 2,019 2,233 In-process 3,992 7,793 11,785 5,041 6,793 11,834 In development or pre-production 343 251 594 372 254 626 $ 9,461 $ 23,589 33,050 $ 10,266 $ 21,754 32,020 Licensed content - Television programming rights and advances 5,771 5,647 Total produced and licensed content $ 38,821 $ 37,667 Current portion $ 1,872 $ 1,890 Non-current portion $ 36,949 $ 35,777
Amortization of Produced and Licensed Content Costs	Amortization of produced and licensed content is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Produced content Predominantly monetized individually $ 1,006 $ 838 $ 2,163 $ 1,871 Predominantly monetized as a group 1,952 1,503 4,112 3,121 2,958 2,341 6,275 4,992 Licensed programming rights and advances 3,196 2,839 7,735 7,650 Total produced and licensed content costs (1) $ 6,154 $ 5,180 $ 14,010 $ 12,642 (1) Primarily included in “Costs of services” in the Condensed Consolidated Statements of Income.

Pension and Other Benefit Pro_2

Pension and Other Benefit Programs (Tables)	6 Months Ended
Pension and Other Benefit Programs (Tables)	Apr. 01, 2023
Retirement Benefits [Abstract]
Net Periodic Benefit Cost	The components of net periodic benefit cost (income) are as follows: Pension Plans Postretirement Medical Plans Quarter Ended Six Months Ended Quarter Ended Six Months Ended April 1, April 2, April 1, 2023 April 2, 2022 April 1, April 2, April 1, 2023 April 2, 2022 Service costs $ 63 $ 102 $ 128 $ 202 $ 2 $ 3 $ 3 $ 5 Other costs (benefits): Interest costs 195 126 391 250 21 13 41 26 Expected return on plan assets (287) (294) (575) (587) (15) (14) (30) (29) Amortization of previously deferred service costs 3 1 5 2 — — — — Recognized net actuarial loss 4 145 9 292 (5) 7 (11) 14 Total other costs (benefits) (85) (22) (170) (43) 1 6 — 11 Net periodic benefit cost (income) $ (22) $ 80 $ (42) $ 159 $ 3 $ 9 $ 3 $ 16

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
Earnings Per Share (Tables)	Apr. 01, 2023
Earnings Per Share [Abstract]
Reconciliation of Weighted Average Number of Common and Common Equivalent Shares Outstanding and 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: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Shares (in millions): Weighted average number of common and common equivalent shares outstanding (basic) 1,828 1,822 1,827 1,820 Weighted average dilutive impact of Awards 3 6 2 8 Weighted average number of common and common equivalent shares outstanding (diluted) 1,831 1,828 1,829 1,828 Awards excluded from diluted earnings per share 25 9 25 6

Equity (Tables)

Equity (Tables)	6 Months Ended
Equity (Tables)	Apr. 01, 2023
Equity [Abstract]
Changes in Accumulated Other Comprehensive Income (Loss)	The following tables summarize the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts: Market Value Adjustments for Hedges Unrecognized Foreign AOCI AOCI, before tax Second quarter of fiscal 2023 Balance at December 31, 2022 $ 111 $ (3,769) $ (1,826) $ (5,484) Quarter Ended April 1, 2023: Unrealized gains (losses) arising during the period 7 71 125 203 Reclassifications of realized net (gains) losses to net income (116) 1 — (115) Balance at April 1, 2023 $ 2 $ (3,697) $ (1,701) $ (5,396) Second quarter of fiscal 2022 Balance at January 1, 2022 $ (83) $ (6,823) $ (1,084) $ (7,990) Quarter Ended April 2, 2022: Unrealized gains (losses) arising during the period 53 — (196) (143) Reclassifications of realized net (gains) losses to net income (21) 155 — 134 Balance at April 2, 2022 $ (51) $ (6,668) $ (1,280) $ (7,999) Six months ended fiscal 2023 Balance at October 1, 2022 $ 804 $ (3,770) $ (2,014) $ (4,980) Six Months Ended April 1, 2023: Unrealized gains (losses) arising during the period (468) 71 271 (126) Reclassifications of realized net (gains) losses to net income (334) 2 42 (290) Balance at April 1, 2023 $ 2 $ (3,697) $ (1,701) $ (5,396) Six months ended fiscal 2022 Balance at October 2, 2021 $ (152) $ (7,025) $ (1,047) $ (8,224) Six Months Ended April 2, 2022: Unrealized gains (losses) arising during the period 140 47 (233) (46) Reclassifications of realized net (gains) losses to net income (39) 310 — 271 Balance at April 2, 2022 $ (51) $ (6,668) $ (1,280) $ (7,999) Market Value Adjustments for Hedges Unrecognized Foreign AOCI Tax on AOCI Second quarter of fiscal 2023 Balance at December 31, 2022 $ (28) $ 901 $ 133 $ 1,006 Quarter Ended April 1, 2023: Unrealized gains (losses) arising during the period — (16) (10) (26) Reclassifications of realized net (gains) losses to net income 27 — — 27 Balance at April 1, 2023 $ (1) $ 885 $ 123 $ 1,007 Second quarter of fiscal 2022 Balance at January 1, 2022 $ 23 $ 1,606 $ 85 $ 1,714 Quarter Ended April 2, 2022: Unrealized gains (losses) arising during the period (9) — 13 4 Reclassifications of realized net (gains) losses to net income 5 (36) — (31) Balance at April 2, 2022 $ 19 $ 1,570 $ 98 $ 1,687 Six months ended fiscal 2023 Balance at October 1, 2022 $ (179) $ 901 $ 139 $ 861 Six Months Ended April 1, 2023: Unrealized gains (losses) arising during the period 100 (16) (2) 82 Reclassifications of realized net (gains) losses to net income 78 — (14) 64 Balance at April 1, 2023 $ (1) $ 885 $ 123 $ 1,007 Six months ended fiscal 2022 Balance at October 2, 2021 $ 42 $ 1,653 $ 89 $ 1,784 Six Months Ended April 2, 2022: Unrealized gains (losses) arising during the period (32) (11) 9 (34) Reclassifications of realized net (gains) losses to net income 9 (72) — (63) Balance at April 2, 2022 $ 19 $ 1,570 $ 98 $ 1,687 Market Value Adjustments for Hedges Unrecognized Foreign AOCI AOCI, after tax Second quarter of fiscal 2023 Balance at December 31, 2022 $ 83 $ (2,868) $ (1,693) $ (4,478) Quarter Ended April 1, 2023: Unrealized gains (losses) arising during the period 7 55 115 177 Reclassifications of realized net (gains) losses to net income (89) 1 — (88) Balance at April 1, 2023 $ 1 $ (2,812) $ (1,578) $ (4,389) Second quarter of fiscal 2022 Balance at January 1, 2022 $ (60) $ (5,217) $ (999) $ (6,276) Quarter Ended April 2, 2022: Unrealized gains (losses) arising during the period 44 — (183) (139) Reclassifications of realized net (gains) losses to net income (16) 119 — 103 Balance at April 2, 2022 $ (32) $ (5,098) $ (1,182) $ (6,312) Six months ended fiscal 2023 Balance at October 1, 2022 $ 625 $ (2,869) $ (1,875) $ (4,119) Six Months Ended April 1, 2023: Unrealized gains (losses) arising during the period (368) 55 269 (44) Reclassifications of realized net (gains) losses to net income (256) 2 28 (226) Balance at April 1, 2023 $ 1 $ (2,812) $ (1,578) $ (4,389) Six months ended fiscal 2022 Balance at October 2, 2021 $ (110) $ (5,372) $ (958) $ (6,440) Six Months Ended April 2, 2022: Unrealized gains (losses) arising during the period 108 36 (224) (80) Reclassifications of realized net (gains) losses to net income (30) 238 — 208 Balance at April 2, 2022 $ (32) $ (5,098) $ (1,182) $ (6,312)
Details about AOCI Components Reclassified to Net Income	Details about AOCI components reclassified to net income are as follows: Gain (loss) in net income: Affected line item in the Condensed Consolidated Statements of Operations: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Market value adjustments, primarily cash flow hedges Primarily revenue $ 116 $ 21 $ 334 $ 39 Estimated tax Income taxes (27) (5) (78) (9) 89 16 256 30 Pension and postretirement medical expense Interest expense, net (1) (155) (2) (310) Estimated tax Income taxes — 36 — 72 (1) (119) (2) (238) Foreign currency translation and other Restructuring and impairment charges — — (42) — Estimated tax Income taxes — — 14 — — — (28) — Total reclassifications for the period $ 88 $ (103) $ 226 $ (208)

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	6 Months Ended
Equity-Based Compensation (Tables)	Apr. 01, 2023
Share-Based Payment Arrangement [Abstract]
Compensation Expense Related to Stock Options, Stock Appreciation Rights and Restricted Stock Units (RSUs)	Compensation expense related to stock options and restricted stock units (RSUs) is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Stock options $ 20 $ 21 $ 39 $ 45 RSUs 280 233 531 405 Total equity-based compensation expense (1) $ 300 $ 254 $ 570 $ 450 Equity-based compensation expense capitalized during the period $ 37 $ 40 $ 73 $ 70 (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.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Apr. 01, 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: Fair Value Measurement at April 1, 2023 Level 1 Level 2 Level 3 Total Assets Investments $ 393 $ — $ — $ 393 Derivatives Foreign exchange — 1,074 — 1,074 Other — 22 — 22 Liabilities Derivatives Interest rate — (1,523) — (1,523) Foreign exchange — (807) — (807) Other — (6) — (6) Other — (448) — (448) Total recorded at fair value $ 393 $ (1,688) $ — $ (1,295) Fair value of borrowings $ — $ 44,506 $ 1,663 $ 46,169 Fair Value Measurement at October 1, 2022 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)	6 Months Ended
Derivative Instruments (Tables)	Apr. 01, 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 April 1, 2023 Current Other Assets Other Current Liabilities Other Long- Derivatives designated as hedges Foreign exchange $ 518 $ 326 $ (229) $ (90) Interest rate — — (1,523) — Other 3 1 (5) (1) Derivatives not designated as hedges Foreign exchange 226 4 (424) (64) Other 18 — — — Gross fair value of derivatives 765 331 (2,181) (155) Counterparty netting (630) (221) 760 91 Cash collateral (received) paid (55) (5) 1,382 51 Net derivative positions $ 80 $ 105 $ (39) $ (13) As of October 1, 2022 Current Other Assets Other Current Liabilities 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 April 1, October 1, 2022 April 1, October 1, 2022 Borrowings: Current $ — $ 997 $ — $ (3) Long-term 12,708 12,358 (1,431) (1,733) $ 12,708 $ 13,355 $ (1,431) $ (1,736)
Adjustments Related to Fair Value Hedges Included in Interest Expense, net in the Consolidated Statements of Income	The following amounts are included in “Interest expense, net” in the Condensed Consolidated Statements of Income: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Gain (loss) on: Pay-floating swaps $ 235 $ (741) $ 306 $ (919) Borrowings hedged with pay-floating swaps (235) 741 (306) 919 Benefit (expense) associated with interest accruals on pay-floating swaps (125) 33 (220) 70
Effect of Foreign Exchange Cash Flow Hedges on AOCI	The following table summarizes the effect of foreign exchange cash flow hedges on AOCI: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Gain (loss) recognized in Other Comprehensive Income $ 15 $ 42 $ (487) $ 121 Gain (loss) reclassified from AOCI into the Statements of Operations (1) 116 13 338 26 (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 Condensed Consolidated Statements of Income: Costs and Expenses Interest expense, net Income Tax Expense Quarter Ended: April 1, April 2, April 1, April 2, April 1, April 2, Net gains (losses) on foreign currency denominated assets and liabilities $ 15 $ (82) $ (2) $ (13) $ (21) $ 37 Net gains (losses) on foreign exchange risk management contracts not designated as hedges (47) 37 1 10 17 (35) Net gains (losses) $ (32) $ (45) $ (1) $ (3) $ (4) $ 2 Six Months Ended: Net gains (losses) on foreign currency denominated assets and liabilities $ 160 $ (145) $ (20) $ (12) $ (109) $ 45 Net gains (losses) on foreign exchange risk management contracts not designated as hedges (260) 70 19 10 87 (43) Net gains (losses) $ (100) $ (75) $ (1) $ (2) $ (22) $ 2

Principles of Consolidation Pri

Principles of Consolidation Principles of Consolidation - Additional Information (Details) - USD ($) $ in Millions	Nov. 30, 2022	Apr. 01, 2023	Oct. 01, 2022	May 13, 2019
Schedule of Equity Method Investments
Redeemable Noncontrolling Interests		$ 8,814	$ 9,499
Hulu LLC
Schedule of Equity Method Investments
Equity Method Investment, Ownership Percentage		67%
Hulu LLC \| Equity Interest Held by NBC Universal
Schedule of Equity Method Investments
Equity Method Investment, Ownership Percentage		33%
Redeemable Noncontrolling Interest, Equity, Redemption Value				$ 27,500
Redeemable Noncontrolling Interests		$ 8,800
BAMTech, LLC \| MLB
Schedule of Equity Method Investments
Equity Method Investment, Ownership Percentage			15%
Redeemable Noncontrolling Interest, Equity, Redemption Value	$ 900		$ 828
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	$ 72

Financial Information by Operat

Financial Information by Operating Segments (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Segment Reporting Information
Revenues		$ 21,815	$ 19,249	$ 45,327	$ 41,068
Segment operating income	[1]	3,285	3,699	6,328	6,957
Disney Media and Entertainment Distribution
Segment Reporting Information
Revenues		14,039	13,620	28,815	28,205
Segment operating income		1,119	1,944	1,109	2,752
Disney Parks, Experiences and Products
Segment Reporting Information
Revenues		7,776	6,652	16,512	13,886
Segment operating income		2,166	1,755	5,219	4,205
Total Segments
Segment Reporting Information
Revenues		$ 21,815	$ 20,272	$ 45,327	$ 42,091

[1]Equity in the income of investees is included in segment operating income as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Disney Media and Entertainment Distribution $ 176 $ 218 $ 372 $ 463 Disney Parks, Experiences and Products — (5) (2) (8) Equity in the income of investees included in segment operating income 176 213 370 455 Amortization of TFCF intangible assets related to equity investees (3) (3) (6) (6) Equity in the income of investees, net $ 173 $ 210 $ 364 $ 449

Equity in the Income of Investe

Equity in the Income of Investees included in Segment Operating Results (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Schedule of Equity Method Investments
Equity in the income of investees	$ 173	$ 210	$ 364	$ 449
Amortization of Intangible Assets Held by Equity Investees	(3)	(3)	(6)	(6)
Disney Media and Entertainment Distribution
Schedule of Equity Method Investments
Equity in the income of investees	176	218	372	463
Disney Parks, Experiences and Products
Schedule of Equity Method Investments
Equity in the income of investees	0	(5)	(2)	(8)
Total Segments
Schedule of Equity Method Investments
Equity in the income of investees	$ 176	$ 213	$ 370	$ 455

Reconciliation of Revenue from

Reconciliation of Revenue from Segments to Consolidated (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022		Apr. 01, 2023	Apr. 02, 2022
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 21,815	$ 19,249		$ 45,327	$ 41,068
Content License Early Termination	0	(1,023)	[1]	0	(1,023)	[1]
Total Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 21,815	$ 20,272		$ 45,327	$ 42,091

[1]In February 2022, the Company early terminated certain license agreements with a customer for film and television content, which was delivered in previous years, in order for the Company to use the content primarily on our DTC services (Content License Early Termination). Because the content is functional intellectual property (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 made available under the agreements. Consequently, we recorded the amounts to terminate the licenses 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		3 Months Ended			6 Months Ended
		Apr. 01, 2023	Apr. 02, 2022		Apr. 01, 2023	Apr. 02, 2022
Reconciling Items for Operating Income (Loss) from Segment to Consolidated
Segment operating income	[1]	$ 3,285	$ 3,699		$ 6,328	$ 6,957
Content License Early Termination		0	(1,023)	[2]	0	(1,023)	[2]
Corporate and unallocated shared expenses		(279)	(272)		(559)	(500)
Restructuring and impairment charges		(152)	(195)		(221)	(195)
Other income (expense), net	[3]	149	(158)		107	(594)
Interest expense, net		(322)	(355)		(622)	(666)
Amortization of Intangible Assets	[4]	(558)	(594)		(1,137)	(1,189)
Income from continuing operations before income taxes		$ 2,123	$ 1,102		$ 3,896	$ 2,790

[1]Equity in the income of investees is included in segment operating income as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Disney Media and Entertainment Distribution $ 176 $ 218 $ 372 $ 463 Disney Parks, Experiences and Products — (5) (2) (8) Equity in the income of investees included in segment operating income 176 213 370 455 Amortization of TFCF intangible assets related to equity investees (3) (3) (6) (6) Equity in the income of investees, net $ 173 $ 210 $ 364 $ 449 TFCF and Hulu acquisition amortization is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Amortization of intangible assets $ 408 $ 435 $ 825 $ 870 Step-up of film and television costs 147 156 306 313 Intangibles related to TFCF equity investees 3 3 6 6 $ 558 $ 594 $ 1,137 $ 1,189

TFCF and Hulu Acquisition Amort

TFCF and Hulu Acquisition Amortization (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Amortization of Intangible Assets	[1]	$ 558	$ 594	$ 1,137	$ 1,189
Amortization of Intangible Assets Held by Equity Investees		(3)	(3)	(6)	(6)
TFCF and Hulu
Amortization of Intangible Assets		408	435	825	870
Amortization		147	156	306	313
Amortization of Intangible Assets Held by Equity Investees		$ 3	$ 3	$ 6	$ 6

[1] TFCF and Hulu acquisition amortization is as follows: Quarter Ended Six Months Ended April 1, April 2, April 1, April 2, Amortization of intangible assets $ 408 $ 435 $ 825 $ 870 Step-up of film and television costs 147 156 306 313 Intangibles related to TFCF equity investees 3 3 6 6 $ 558 $ 594 $ 1,137 $ 1,189

Acquisitions Changes in Carry A

Acquisitions Changes in Carry Amount of Goodwill (Details) $ in Millions	6 Months Ended
	Apr. 01, 2023 USD ($)
Goodwill [Line Items]
Beginning balance	$ 77,897
Currency translation adjustments and other, net	(19)
Ending balance	77,878
Disney Media and Entertainment Distribution
Goodwill [Line Items]
Beginning balance	72,347
Currency translation adjustments and other, net	(19)
Ending balance	72,328
Disney Parks, Experiences and Products
Goodwill [Line Items]
Beginning balance	5,550
Currency translation adjustments and other, net	0
Ending balance	$ 5,550

Disaggregation of Revenue by Ma

Disaggregation of Revenue by Major Source (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022		Apr. 01, 2023	Apr. 02, 2022
Disaggregation of Revenue [Line Items]
Revenues	$ 21,815	$ 19,249		$ 45,327	$ 41,068
Content License Early Termination	0	(1,023)	[1]	0	(1,023)	[1]
Affiliate fees
Disaggregation of Revenue [Line Items]
Revenues	4,394	4,602		8,636	8,973
Subscription fees
Disaggregation of Revenue [Line Items]
Revenues	4,605	3,887		8,845	7,485
Advertising
Disaggregation of Revenue [Line Items]
Revenues	2,564	3,024		6,007	6,893
Theme park admissions
Disaggregation of Revenue [Line Items]
Revenues	2,428	1,973		5,069	4,125
Resort and vacations
Disaggregation of Revenue [Line Items]
Revenues	1,949	1,451		3,929	2,896
Retail and wholesale sales of merchandise, food and beverage
Disaggregation of Revenue [Line Items]
Revenues	2,142	1,816		4,524	3,905
Merchandise licensing
Disaggregation of Revenue [Line Items]
Revenues	772	893		1,915	2,012
TV/SVOD distribution licensing
Disaggregation of Revenue [Line Items]
Revenues	1,033	101		2,012	1,497
Content License Early Termination		(1,023)			(1,023)
Theatrical distribution licensing
Disaggregation of Revenue [Line Items]
Revenues	767	224		1,907	753
Home entertainment
Disaggregation of Revenue [Line Items]
Revenues	148	230		283	524
Other
Disaggregation of Revenue [Line Items]
Revenues	1,013	1,048		2,200	2,005
Disney Media and Entertainment Distribution
Disaggregation of Revenue [Line Items]
Revenues	14,039	13,620		28,815	28,205
Disney Media and Entertainment Distribution \| Affiliate fees
Disaggregation of Revenue [Line Items]
Revenues	4,394	4,602		8,636	8,973
Disney Media and Entertainment Distribution \| Subscription fees
Disaggregation of Revenue [Line Items]
Revenues	4,605	3,887		8,845	7,485
Disney Media and Entertainment Distribution \| Advertising
Disaggregation of Revenue [Line Items]
Revenues	2,563	3,023		6,005	6,891
Disney Media and Entertainment Distribution \| Merchandise licensing
Disaggregation of Revenue [Line Items]
Revenues	0	0		0	0
Disney Media and Entertainment Distribution \| TV/SVOD distribution licensing
Disaggregation of Revenue [Line Items]
Revenues	1,033	1,124		2,012	2,520
Disney Media and Entertainment Distribution \| Theatrical distribution licensing
Disaggregation of Revenue [Line Items]
Revenues	767	224		1,907	753
Disney Media and Entertainment Distribution \| Home entertainment
Disaggregation of Revenue [Line Items]
Revenues	148	230		283	524
Disney Media and Entertainment Distribution \| Other
Disaggregation of Revenue [Line Items]
Revenues	529	530		1,127	1,059
Disney Parks, Experiences and Products
Disaggregation of Revenue [Line Items]
Revenues	7,776	6,652		16,512	13,886
Disney Parks, Experiences and Products \| Advertising
Disaggregation of Revenue [Line Items]
Revenues	1	1		2	2
Disney Parks, Experiences and Products \| Theme park admissions
Disaggregation of Revenue [Line Items]
Revenues	2,428	1,973		5,069	4,125
Disney Parks, Experiences and Products \| Resort and vacations
Disaggregation of Revenue [Line Items]
Revenues	1,949	1,451		3,929	2,896
Disney Parks, Experiences and Products \| Retail and wholesale sales of merchandise, food and beverage
Disaggregation of Revenue [Line Items]
Revenues	2,142	1,816		4,524	3,905
Disney Parks, Experiences and Products \| Merchandise licensing
Disaggregation of Revenue [Line Items]
Revenues	772	893		1,915	2,012
Disney Parks, Experiences and Products \| Other
Disaggregation of Revenue [Line Items]
Revenues	$ 484	$ 518		$ 1,073	$ 946

[1]In February 2022, the Company early terminated certain license agreements with a customer for film and television content, which was delivered in previous years, in order for the Company to use the content primarily on our DTC services (Content License Early Termination). Because the content is functional intellectual property (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 made available under the agreements. Consequently, we recorded the amounts to terminate the licenses agreements, net of remaining amounts of deferred revenue, as a reduction of revenue.

Disaggregation of Revenue by Ge

Disaggregation of Revenue by Geographical Markets (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022		Apr. 01, 2023	Apr. 02, 2022
Disaggregation of Revenue [Line Items]
Revenues	$ 21,815	$ 19,249		$ 45,327	$ 41,068
Content License Early Termination	0	(1,023)	[1]	0	(1,023)	[1]
Disney Media and Entertainment Distribution
Disaggregation of Revenue [Line Items]
Revenues	14,039	13,620		28,815	28,205
Disney Media and Entertainment Distribution \| Americas
Disaggregation of Revenue [Line Items]
Revenues	11,525	11,191		23,543	23,021
Disney Media and Entertainment Distribution \| Europe
Disaggregation of Revenue [Line Items]
Revenues	1,447	1,343		3,021	2,881
Disney Media and Entertainment Distribution \| Asia Pacific
Disaggregation of Revenue [Line Items]
Revenues	1,067	1,086		2,251	2,303
Disney Parks, Experiences and Products
Disaggregation of Revenue [Line Items]
Revenues	7,776	6,652		16,512	13,886
Disney Parks, Experiences and Products \| Americas
Disaggregation of Revenue [Line Items]
Revenues	6,105	5,559		13,058	11,270
Disney Parks, Experiences and Products \| Europe
Disaggregation of Revenue [Line Items]
Revenues	744	627		1,810	1,492
Disney Parks, Experiences and Products \| Asia Pacific
Disaggregation of Revenue [Line Items]
Revenues	927	466		1,644	1,124
Total Segments
Disaggregation of Revenue [Line Items]
Revenues	21,815	20,272		45,327	42,091
Total Segments \| Americas
Disaggregation of Revenue [Line Items]
Revenues	17,630	16,750		36,601	34,291
Total Segments \| Europe
Disaggregation of Revenue [Line Items]
Revenues	2,191	1,970		4,831	4,373
Total Segments \| Asia Pacific
Disaggregation of Revenue [Line Items]
Revenues	$ 1,994	$ 1,552		$ 3,895	$ 3,427

[1]In February 2022, the Company early terminated certain license agreements with a customer for film and television content, which was delivered in previous years, in order for the Company to use the content primarily on our DTC services (Content License Early Termination). Because the content is functional intellectual property (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 made available under the agreements. Consequently, we recorded the amounts to terminate the licenses agreements, net of remaining amounts of deferred revenue, as a reduction of revenue.

Contract with Customer, Asset a

Contract with Customer, Asset and Liability (Details) - USD ($) $ in Millions	Apr. 01, 2023	Oct. 01, 2022
Accounts Receivable, before Allowance for Credit Loss, Current	$ 11,189	$ 10,886
Accounts Receivable, before Allowance for Credit Loss, Noncurrent	1,153	1,226
Contract with Customer, Asset, Allowance for Credit Loss	(164)	(179)
Contract with Customer, Liability, Current	5,750	5,531
Contract with Customer, Liability, Noncurrent	$ 870	$ 927

Revenues - Additional Informati

Revenues - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022	Oct. 01, 2022
Contract with Customer, Performance Obligation Satisfied in Previous Period	$ 700	$ 400	$ 500	$ 700
Revenue, Remaining Performance Obligation, Amount	16,000		16,000
Contract with Customer, Liability, Revenue Recognized	900	$ 900	4,300	$ 2,800
Syndicated programming
Long-term receivables, net of allowance for credit losses	500		500		$ 600
Mortgage Receivable
Long-term receivables, net of allowance for credit losses	600		600		$ 600
Unsatisfied performance obligation recognized in fiscal 2023
Revenue, Remaining Performance Obligation, Amount	3,000		3,000
Unsatisfied performance obligation recognized in fiscal 2024
Revenue, Remaining Performance Obligation, Amount	5,000		5,000
Unsatisfied performance obligation recognized in fiscal 2025
Revenue, Remaining Performance Obligation, Amount	4,000		4,000
Unsatisfied performance obligation recognized thereafter
Revenue, Remaining Performance Obligation, Amount	$ 4,000		$ 4,000

Other Income (Expense), Net (De

Other Income (Expense), Net (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Schedule of Other Income and Expense [Line Items]
Other Nonoperating Income (Expense)		$ 0	$ 0	$ 28	$ (4)
Other income (expense), net	[1]	149	(158)	107	(594)
DraftKings
Schedule of Other Income and Expense [Line Items]
Gain (Loss) on Investments		$ 149	$ (158)	$ 79	$ (590)

[1]See Note 4 for a discussion of amounts in other income (expense), net.

Reconciliation of Cash, Cash Eq

Reconciliation of Cash, Cash Equivalents and Restricted Cash Reported in the Condensed Consolidated Balance Sheet to the Total Amount in the Condensed Consolidated Statements of Cash Flows (Details) - USD ($) $ in Millions	Apr. 01, 2023	Oct. 01, 2022	Apr. 02, 2022	Oct. 02, 2021
Accounting Policies [Abstract]
Cash and Cash Equivalents	$ 10,399	$ 11,615
Restricted Cash and Investments, Current	3	3
Restricted Cash and Investments, Noncurrent	51	43
Cash, Cash Equivalents and Restricted Cash in the Statement of Cash Flows	$ 10,453	$ 11,661	$ 13,318	$ 16,003

Borrowing Activity (Details)

Borrowing Activity (Details) $ in Millions	6 Months Ended
Borrowing Activity (Details) $ in Millions	Apr. 01, 2023 USD ($)
Borrowings [Roll Forward]
Borrowings beginning balance	$ 48,369
Borrowings	3,050
Payments	(3,266)
Other Activity	365
Borrowings ending balance	48,518
Commercial paper with original maturities less than three months
Borrowings [Roll Forward]
Borrowings beginning balance	50
Borrowings	958
Payments	0
Other Activity	2
Borrowings ending balance	1,010
Commercial paper with original maturities greater than three months
Borrowings [Roll Forward]
Borrowings beginning balance	1,612
Borrowings	2,022
Payments	(2,266)
Other Activity	9
Borrowings ending balance	1,377
U.S. dollar denominated notes
Borrowings [Roll Forward]
Borrowings beginning balance	45,091
Borrowings	0
Payments	(1,000)
Other Activity	(69)
Borrowings ending balance	44,022
Asia International Theme Parks borrowings
Borrowings [Roll Forward]
Borrowings beginning balance	1,425
Borrowings	70
Payments	0
Other Activity	79
Borrowings ending balance	1,574
Foreign currency denominated debt and other
Borrowings [Roll Forward]
Borrowings beginning balance	191
Borrowings	0
Payments	0
Other Activity	344	[1]
Borrowings ending balance	$ 535

[1]The other activity is primarily due to market value adjustments for debt with qualifying hedges.

Cash, Cash Equivalents, Restr_3

Cash, Cash Equivalents, Restricted Cash and Borrowings Line of Credit Facilities (Details) $ in Millions	Apr. 01, 2023 USD ($)
Line of Credit Facility
Line of Credit Facility, Maximum Borrowing Capacity	$ 12,250
Line of Credit Facility, Amount Outstanding	0
Line of Credit Facility, Remaining Borrowing Capacity	12,250
Existing Line of Credit 3
Line of Credit Facility
Line of Credit Facility, Maximum Borrowing Capacity	5,250
Line of Credit Facility, Amount Outstanding	0
Line of Credit Facility, Remaining Borrowing Capacity	5,250
Existing Line of Credit 2
Line of Credit Facility
Line of Credit Facility, Maximum Borrowing Capacity	3,000
Line of Credit Facility, Amount Outstanding	0
Line of Credit Facility, Remaining Borrowing Capacity	3,000
Existing Line Of Credit 1
Line of Credit Facility
Line of Credit Facility, Maximum Borrowing Capacity	4,000
Line of Credit Facility, Amount Outstanding	0
Line of Credit Facility, Remaining Borrowing Capacity	$ 4,000

Cash, Cash Equivalents, Restr_4

Cash, Cash Equivalents, Restricted Cash and Borrowings Interest Expense, net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Interest expense	$ (504)	$ (374)	$ (969)	$ (735)
Interest and investment income	98	3	177	37
Net periodic pension and postretirement benefit costs other than service costs	84	16	170	32
Interest expense, net	$ (322)	$ (355)	$ (622)	$ (666)

Cash, Cash Equivalents, Restr_5

Cash, Cash Equivalents, Restricted Cash and Borrowings - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Apr. 01, 2023	Apr. 01, 2023	Mar. 31, 2023
Debt Instrument [Line Items]
Line of Credit Facility, Interest Rate Description	All three of the bank facilities allow for borrowings at SOFR-based rates, 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 and Poor’s ranging from 0.655% to 1.225%.
Line of Credit Facility, Maximum Borrowing Capacity	$ 12,250	$ 12,250
Letters of Credit Outstanding, Amount	1,900	$ 1,900
Minimum
Debt Instrument [Line Items]
Variable Spread Above SOFR		0.655%
Maximum
Debt Instrument [Line Items]
Variable Spread Above SOFR		1.225%
Letter of Credit
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	500	$ 500
Existing Line of Credit 3
Debt Instrument [Line Items]
Line of Credit Facility, Expiration Date		Mar. 31, 2024
Line of Credit Facility, Current Borrowing Capacity	5,250	$ 5,250	$ 5,250
Line of Credit Facility, Maximum Borrowing Capacity	5,250	$ 5,250
Existing Line of Credit 2
Debt Instrument [Line Items]
Line of Credit Facility, Expiration Date		Mar. 31, 2025
Line of Credit Facility, Maximum Borrowing Capacity	3,000	$ 3,000
Existing Line Of Credit 1
Debt Instrument [Line Items]
Line of Credit Facility, Expiration Date		Mar. 31, 2027
Line of Credit Facility, Maximum Borrowing Capacity	4,000	$ 4,000
Credit Facility available beginning August 2023 \| Disney Cruise Line
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,100	$ 1,100
Debt Instrument, Interest Rate, Stated Percentage	3.80%	3.80%
Credit Facility available beginning August 2024 \| Disney Cruise Line
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,100	$ 1,100
Debt Instrument, Interest Rate, Stated Percentage	3.74%	3.74%

Impact of Consolidating Balance

Impact of Consolidating Balance Sheets of Asia Theme Parks (Details) - USD ($) $ in Millions	Apr. 01, 2023	Oct. 01, 2022
Schedule of Condensed Consolidating Balance Sheets [Line Items]
Cash and Cash Equivalents	$ 10,399	$ 11,615
Other current assets	1,374	1,199
Total current assets	28,263	29,098
Parks, resorts and other property	34,579	33,596
Other assets	9,915	9,208
Total assets	204,858	203,631
Current liabilities	28,056	29,073
Long-term borrowings	45,066	45,299
Asia International Theme Parks
Schedule of Condensed Consolidating Balance Sheets [Line Items]
Cash and Cash Equivalents	387	280
Other current assets	195	137
Total current assets	582	417
Parks, resorts and other property	6,419	6,356
Other assets	196	161
Total assets	7,197	6,934
Current liabilities	450	468
Long-term borrowings	1,574	1,426
Other long-term liabilities	459	395
Total liabilities	$ 2,483	$ 2,289

Impact of Consolidating Income

Impact of Consolidating Income Statements of International Theme Parks (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Schedule of Condensed Consolidating Statement of Operations [Line Items]
Revenues	$ 21,815	$ 19,249	$ 45,327	$ 41,068
Cost and expenses	(19,540)	(17,649)	(41,059)	(37,272)
Equity in the loss of investees	$ 173	$ 210	364	$ 449
International Theme Parks
Schedule of Condensed Consolidating Statement of Operations [Line Items]
Revenues			2,091
Cost and expenses			(1,995)
Equity in the loss of investees			$ (2)

International Theme Parks - Add

International Theme Parks - Additional Information (Details) ¥ in Millions, $ in Millions, $ in Billions	6 Months Ended
	Apr. 01, 2023 USD ($)	Apr. 01, 2023 HKD ($)	Apr. 01, 2023 CNY (¥)	Apr. 02, 2022 USD ($)
Noncontrolling Interest
Net Cash Used in Investing Activities	$ (2,541)			$ (2,024)
Maximum
Noncontrolling Interest
Variable Spread Above Reference Rate	1.225%	1.225%	1.225%
Asia International Theme Parks
Noncontrolling Interest
Royalties And Management Fees	$ 83
International Theme Parks
Noncontrolling Interest
Net Cash Provided by Operating Activities	509
Net Cash Used in Investing Activities	(483)
Net Cash Provided by Financing Activities	78
Hong Kong Disneyland Resort \| Loans
Noncontrolling Interest
Variable Interest Entity, Financial or Other Support, Amount	157
Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests	$ 105
Debt Instrument, Maturity Date	Sep. 30, 2025	Sep. 30, 2025	Sep. 30, 2025
Hong Kong Disneyland Resort \| Loans \| HIBOR
Noncontrolling Interest
Variable Spread Above Reference Rate	2%	2%	2%
Hong Kong Disneyland Resort \| Line of Credit
Noncontrolling Interest
Variable Interest Entity, Financial or Other Support, Amount	$ 344	$ 2.7
Variable Interest Entity, Financial or Other Support, Amount, Outstanding	$ 230
Debt Instrument, Maturity Date	Dec. 31, 2028	Dec. 31, 2028	Dec. 31, 2028
Hong Kong Disneyland Resort \| Line of Credit \| HIBOR
Noncontrolling Interest
Variable Spread Above Reference Rate	1.25%	1.25%	1.25%
Shanghai Disney Resort \| Loans
Noncontrolling Interest
Variable Interest Entity, Financial or Other Support, Amount	$ 945
Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests	$ 1,200		¥ 8,500
Shanghai Disney Resort \| Loans \| Maximum
Noncontrolling Interest
Debt Instrument, Interest Rate, Stated Percentage	8%	8%	8%
Shanghai Disney Resort \| Line of Credit
Noncontrolling Interest
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
Debt Instrument, Interest Rate, Stated Percentage	8%	8%	8%
Variable Interest Entity, Financial or Other Support, Amount, Outstanding	$ 180		¥ 1,200
Variable Interest Entity, Financial or Other Support, Amount from Noncontrolling Interests, Outstanding	$ 238		¥ 1,600
Hong Kong Disneyland Resort
Noncontrolling Interest
Effective Ownership Interest	48%	48%	48%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	52%	52%	52%
Shanghai Disney Resort
Noncontrolling Interest
Effective Ownership Interest	43%	43%	43%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	57%	57%	57%
Shanghai Disney Resort Management Company
Noncontrolling Interest
Effective Ownership Interest	70%	70%	70%
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	30%	30%	30%
Shanghai Disney Resort Management Company \| Shanghai Disney Resort \| Loans
Noncontrolling Interest
Debt Instrument, Maturity Date	Dec. 31, 2036	Dec. 31, 2036	Dec. 31, 2036
Shanghai Disney Resort Management Company \| Shanghai Disney Resort \| Line of Credit
Noncontrolling Interest
Debt Instrument, Maturity Date	Dec. 31, 2036	Dec. 31, 2036	Dec. 31, 2036

Balances of Produced and Licens

Balances of Produced and Licensed Content Costs (Details) - USD ($) $ in Millions	Apr. 01, 2023	Oct. 01, 2022
Film, Monetized on Its Own, Capitalized Cost [Abstract]
Released, less amortization	$ 4,996	$ 4,639
Completed, not released	130	214
In-process	3,992	5,041
In development or pre-production	343	372
Film, Monetized on Its Own, Capitalized Cost	9,461	10,266
Film, Monetized in Film Group, Capitalized Cost [Abstract]
Released, less amortization	14,005	12,688
Completed, not released	1,540	2,019
In-process	7,793	6,793
In development or pre-production	251	254
Film, Monetized in Film Group, Capitalized Cost	23,589	21,754
Film, Capitalized Cost [Abstract]
Released, less amortization	19,001	17,327
Completed, not released	1,670	2,233
In-process	11,785	11,834
In development or pre-production	594	626
Film, Capitalized Cost	33,050	32,020
Licensed television programming rights and advances	5,771	5,647
Produced and Licensed Content, Total	38,821	37,667
Current portion	1,872	1,890
Non-current portion	$ 36,949	$ 35,777

Amortization of Produced and Li

Amortization of Produced and Licensed Content Costs (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Amortization of Produced Content Costs		$ 2,958	$ 2,341	$ 6,275	$ 4,992
Amortization of Licensed Television and Programming Rights		3,196	2,839	7,735	7,650
Amortization of Produced and Licensed Content Costs, Total	[1]	6,154	5,180	14,010	12,642
Monetized individually
Amortization of Produced Content Costs		1,006	838	2,163	1,871
Monetized as a group
Amortization of Produced Content Costs		$ 1,952	$ 1,503	$ 4,112	$ 3,121

[1]Primarily included in “Costs of services” in the Condensed Consolidated Statements of Income

Income Taxes Income Tax (Detail

Income Taxes Income Tax (Details) $ in Millions	6 Months Ended
Income Taxes Income Tax (Details) $ in Millions	Apr. 01, 2023 USD ($)
Income Tax [Line Items]
Unrecognized Tax Benefits, Period Increase (Decrease)	$ 200
Unrecognized Tax Benefits	2,700
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$ 100

Net Periodic Benefit Cost (Deta

Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
Net Periodic Benefit Cost (Details) - USD ($) $ in Millions	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Defined Benefit Plan Disclosure [Line Items]
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component	$ (84)	$ (16)	$ (170)	$ (32)
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service costs	63	102	128	202
Interest costs	195	126	391	250
Expected return on plan assets	(287)	(294)	(575)	(587)
Amortization of previously deferred service costs	3	1	5	2
Recognized net actuarial loss	4	145	9	292
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component	(85)	(22)	(170)	(43)
Net periodic benefit cost (income)	(22)	80	(42)	159
Postretirement Medical Plans
Defined Benefit Plan Disclosure [Line Items]
Service costs	2	3	3	5
Interest costs	21	13	41	26
Expected return on plan assets	(15)	(14)	(30)	(29)
Amortization of previously deferred service costs	0	0	0	0
Recognized net actuarial loss	(5)	7	(11)	14
Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component	1	6	0	11
Net periodic benefit cost (income)	$ 3	$ 9	$ 3	$ 16

Reconciliation of Weighted Aver

Reconciliation of Weighted Average Number of Common and Common Equivalent Shares Outstanding and Awards Excluded from Diluted Earnings Per Share Calculation (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Shares (in millions):
Weighted average number of common and common equivalent shares outstanding (basic)	1,828	1,822	1,827	1,820
Weighed average dilutive impact of awards	3	6	2	8
Weighted average number of common and common equivalent shares outstanding (diluted)	1,831	1,828	1,829	1,828
Awards excluded from diluted earnings per share	25	9	25	6

Equity Changes in Accumulated O

Equity Changes in Accumulated Other Comprehensive Loss, Before Tax (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI before Tax, Attributable to Parent, Beginning Balance	$ (5,484)	$ (7,990)	$ (4,980)	$ (8,224)
Unrealized gains (losses) arising during the period	203	(143)	(126)	(46)
Reclassifications of realized net (gains) losses to net income	(115)	134	(290)	271
AOCI before Tax, Attributable to Parent, Ending Balance	(5,396)	(7,999)	(5,396)	(7,999)
Market Value Adjustments for Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI before Tax, Attributable to Parent, Beginning Balance	111	(83)	804	(152)
Unrealized gains (losses) arising during the period	7	53	(468)	140
Reclassifications of realized net (gains) losses to net income	(116)	(21)	(334)	(39)
AOCI before Tax, Attributable to Parent, Ending Balance	2	(51)	2	(51)
Unrecognized Pension and Postretirement Medical Expense
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI before Tax, Attributable to Parent, Beginning Balance	(3,769)	(6,823)	(3,770)	(7,025)
Unrealized gains (losses) arising during the period	71	0	71	47
Reclassifications of realized net (gains) losses to net income	1	155	2	310
AOCI before Tax, Attributable to Parent, Ending Balance	(3,697)	(6,668)	(3,697)	(6,668)
Foreign Currency Translation and Other
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI before Tax, Attributable to Parent, Beginning Balance	(1,826)	(1,084)	(2,014)	(1,047)
Unrealized gains (losses) arising during the period	125	(196)	271	(233)
Reclassifications of realized net (gains) losses to net income	0	0	42	0
AOCI before Tax, Attributable to Parent, Ending Balance	$ (1,701)	$ (1,280)	$ (1,701)	$ (1,280)

Equity Changes in Accumulated_2

Equity Changes in Accumulated Other Comprehensive Loss, Tax (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI Tax, Attributable to Parent, Beginning Balance	$ 1,006	$ 1,714	$ 861	$ 1,784
Unrealized gains (losses) arising during the period	(26)	4	82	(34)
Reclassifications of realized net (gains) losses to net income	27	(31)	64	(63)
AOCI Tax, Attributable to Parent, Ending Balance	1,007	1,687	1,007	1,687
Market Value Adjustments for Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI Tax, Attributable to Parent, Beginning Balance	(28)	23	(179)	42
Unrealized gains (losses) arising during the period	0	(9)	100	(32)
Reclassifications of realized net (gains) losses to net income	27	5	78	9
AOCI Tax, Attributable to Parent, Ending Balance	(1)	19	(1)	19
Unrecognized Pension and Postretirement Medical Expense
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI Tax, Attributable to Parent, Beginning Balance	901	1,606	901	1,653
Unrealized gains (losses) arising during the period	(16)	0	(16)	(11)
Reclassifications of realized net (gains) losses to net income	0	(36)	0	(72)
AOCI Tax, Attributable to Parent, Ending Balance	885	1,570	885	1,570
Foreign Currency Translation and Other
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI Tax, Attributable to Parent, Beginning Balance	133	85	139	89
Unrealized gains (losses) arising during the period	(10)	13	(2)	9
Reclassifications of realized net (gains) losses to net income	0	0	(14)	0
AOCI Tax, Attributable to Parent, Ending Balance	$ 123	$ 98	$ 123	$ 98

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Loss, Net of Tax (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI, Beginning Balance	$ (4,478)	$ (6,276)	$ (4,119)	$ (6,440)
Unrealized gains (losses) arising during the period	177	(139)	(44)	(80)
Reclassifications of realized net (gains) losses to net income	(88)	103	(226)	208
AOCI, Ending Balance	(4,389)	(6,312)	(4,389)	(6,312)
Market Value Adjustments for Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI, Beginning Balance	83	(60)	625	(110)
Unrealized gains (losses) arising during the period	7	44	(368)	108
Reclassifications of realized net (gains) losses to net income	(89)	(16)	(256)	(30)
AOCI, Ending Balance	1	(32)	1	(32)
Unrecognized Pension and Postretirement Medical Expense
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI, Beginning Balance	(2,868)	(5,217)	(2,869)	(5,372)
Unrealized gains (losses) arising during the period	55	0	55	36
Reclassifications of realized net (gains) losses to net income	1	119	2	238
AOCI, Ending Balance	(2,812)	(5,098)	(2,812)	(5,098)
Foreign Currency Translation and Other
Accumulated Other Comprehensive Income (Loss) [Line Items]
AOCI, Beginning Balance	(1,693)	(999)	(1,875)	(958)
Unrealized gains (losses) arising during the period	115	(183)	269	(224)
Reclassifications of realized net (gains) losses to net income	0	0	28	0
AOCI, Ending Balance	$ (1,578)	$ (1,182)	$ (1,578)	$ (1,182)

Details about AOCI Components R

Details about AOCI Components Reclassified to Net Income (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Details about AOCI Components Reclassified to Net Income
Revenues	$ 21,815	$ 19,249	$ 45,327	$ 41,068
Interest expense, net	322	355	622	666
Restructuring and impairment charges	152	195	221	195
Income taxes	(635)	(505)	(1,047)	(993)
Net income attributable to The Walt Disney Company (Disney)	1,271	470	2,550	1,574
Reclassification out of Accumulated Other Comprehensive Income
Details about AOCI Components Reclassified to Net Income
Net income attributable to The Walt Disney Company (Disney)	88	(103)	226	(208)
Gain/(loss) in net income from Cash flow hedges \| Reclassification out of Accumulated Other Comprehensive Income
Details about AOCI Components Reclassified to Net Income
Revenues	116	21	334	39
Income taxes	(27)	(5)	(78)	(9)
Net income attributable to The Walt Disney Company (Disney)	89	16	256	30
Gain/(loss) in net income from Pension and postretirement medical expense \| Reclassification out of Accumulated Other Comprehensive Income
Details about AOCI Components Reclassified to Net Income
Interest expense, net	(1)	(155)	(2)	(310)
Income taxes	0	36	0	72
Net income attributable to The Walt Disney Company (Disney)	(1)	(119)	(2)	(238)
Gain/(loss) in Foreign Currency Translation and Other \| Reclassification out of Accumulated Other Comprehensive Income
Details about AOCI Components Reclassified to Net Income
Restructuring and impairment charges	0	0	(42)	0
Income taxes	0	0	14	0
Net income attributable to The Walt Disney Company (Disney)	$ 0	$ 0	$ (28)	$ 0

Compensation Expense Related to

Compensation Expense Related to Stock Options, Stock Appreciation Rights and Restricted Stock Units (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options		$ 20	$ 21	$ 39	$ 45
RSUs		280	233	531	405
Total equity-based compensation expense	[1]	300	254	570	450
Equity-based compensation expense capitalized during the period		$ 37	$ 40	$ 73	$ 70

[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 - Add

Equity-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair values of options issued	$ 34.72	$ 47.39
Weighted average grant date fair values of RSUs issued	$ 92.07	$ 148.75
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 96
Stock compensation granted, number of shares	1.6
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 1,900
Stock compensation granted, number of shares	9.7

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Millions	Apr. 01, 2023	Oct. 01, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	$ 393	$ 308
Other Liabilities	(448)	(354)
Total	(1,295)	(865)
Fair value of borrowings	46,169	44,019
Interest rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset		1
Derivative Liabilities	(1,523)	(1,783)
Foreign exchange
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	1,074	2,223
Derivative Liabilities	(807)	(1,239)
Other Derivative
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	22	10
Derivative Liabilities	(6)	(31)
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	393	308
Other Liabilities	0	0
Total	393	308
Fair value of borrowings	0	0
Level 1 \| Interest rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset		0
Derivative Liabilities	0	0
Level 1 \| Foreign exchange
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	0	0
Derivative Liabilities	0	0
Level 1 \| Other Derivative
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	0	0
Derivative Liabilities	0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	0	0
Other Liabilities	(448)	(354)
Total	(1,688)	(1,173)
Fair value of borrowings	44,506	42,509
Level 2 \| Interest rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset		1
Derivative Liabilities	(1,523)	(1,783)
Level 2 \| Foreign exchange
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	1,074	2,223
Derivative Liabilities	(807)	(1,239)
Level 2 \| Other Derivative
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	22	10
Derivative Liabilities	(6)	(31)
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments	0	0
Other Liabilities	0	0
Total	0	0
Fair value of borrowings	1,663	1,510
Level 3 \| Interest rate
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset		0
Derivative Liabilities	0	0
Level 3 \| Foreign exchange
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	0	0
Derivative Liabilities	0	0
Level 3 \| Other Derivative
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Derivative Asset	0	0
Derivative Liabilities	$ 0	$ 0

Gross Fair Value of Derivative

Gross Fair Value of Derivative Positions (Details) - USD ($) $ in Millions	Apr. 01, 2023	Oct. 01, 2022
Current Assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement	$ 765	$ 1,210
Derivative Asset, Counterparty Netting Offset	(630)	(831)
Derivative Asset, Collateral, Obligation to Return Cash, Offset	(55)	(341)
Net derivative positions	80	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	518	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 Derivative
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement	3	10
Current Assets \| Derivatives not designated as hedges \| Foreign exchange
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement	226	336
Current Assets \| Derivatives not designated as hedges \| Other Derivative
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement	18	0
Other Assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement	331	1,034
Derivative Asset, Counterparty Netting Offset	(221)	(715)
Derivative Asset, Collateral, Obligation to Return Cash, Offset	(5)	(151)
Net derivative positions	105	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	326	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 Derivative
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement	1	0
Other Assets \| Derivatives not designated as hedges \| Foreign exchange
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement	4	247
Other Assets \| Derivatives not designated as hedges \| Other Derivative
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	(2,181)	(2,416)
Derivative Liability, Counterparty netting offset	760	1,070
Derivative Liability, Collateral, Right to Reclaim Cash, Offset	1,382	1,282
Net derivative positions	(39)	(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	(229)	(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	(1,523)	(1,783)
Other Current Liabilities \| Derivatives designated as hedges \| Other Derivative
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement	(5)	(4)
Other Current Liabilities \| Derivatives not designated as hedges \| Foreign exchange
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement	(424)	(374)
Other Current Liabilities \| Derivatives not designated as hedges \| Other Derivative
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement	0	(27)
Other Long-Term Liabilities
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement	(155)	(637)
Derivative Liability, Counterparty netting offset	91	476
Derivative Liability, Collateral, Right to Reclaim Cash, Offset	51	96
Net derivative positions	(13)	(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	(90)	(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 Derivative
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement	(1)	0
Other Long-Term Liabilities \| Derivatives not designated as hedges \| Foreign exchange
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement	(64)	(287)
Other Long-Term Liabilities \| Derivatives not designated as hedges \| Other Derivative
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement	$ 0	$ 0

Derivative Instruments Carrying

Derivative Instruments Carrying Amount and Cumulative Basis Adjustment for Fair Value Hedges (Details) - USD ($) $ in Millions	Apr. 01, 2023	Oct. 01, 2022
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged Liability, Fair Value Hedge	$ 12,708	$ 13,355
Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease)	(1,431)	(1,736)
Current Portion of Borrowings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged Liability, Fair Value Hedge	0	997
Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease)	0	(3)
Borrowings
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Hedged Liability, Fair Value Hedge	12,708	12,358
Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease)	$ (1,431)	$ (1,733)

Adjustments Related to Fair Val

Adjustments Related to Fair Value Hedges Included in Net Interest Expense in Condensed Consolidated Statements of Income (Details) - Interest rate - Interest Expense - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on pay-floating swaps	$ 235	$ (741)	$ 306	$ (919)
Gain (loss) on hedged borrowings	(235)	741	(306)	919
Derivative, Gain (Loss) on Derivative, Net	$ (125)	$ 33	$ (220)	$ 70

Derivative Instruments Effect o

Derivative Instruments Effect of Foreign Currency Cash Flow Hedges on AOCI (Details) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Foreign Currency Fair Value Hedge Derivative [Line Items]
Unrealized Gain (Loss) on Foreign Currency Derivatives, Net, before Tax		$ 15	$ 42	$ (487)	$ 121
Foreign Currency Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net	[1]	$ 116	$ 13	$ 338	$ 26

[1]Primarily recorded in revenue.

Net Gains or Losses Recognized

Net Gains or Losses Recognized on Economic Exposures Associated With Foreign Currency Exchange Contracts (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Costs and Expenses
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) on foreign currency denominated assets and liabilities	$ 15	$ (82)	$ 160	$ (145)
Net gain (loss) on foreign exchange risk management contracts not designated as hedges	(47)	37	(260)	70
Net gain (loss)	(32)	(45)	(100)	(75)
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) on foreign currency denominated assets and liabilities	(2)	(13)	(20)	(12)
Net gain (loss) on foreign exchange risk management contracts not designated as hedges	1	10	19	10
Net gain (loss)	(1)	(3)	(1)	(2)
Income Taxes
Derivative Instruments, Gain (Loss) [Line Items]
Net gain (loss) on foreign currency denominated assets and liabilities	(21)	37	(109)	45
Net gain (loss) on foreign exchange risk management contracts not designated as hedges	17	(35)	87	(43)
Net gain (loss)	$ (4)	$ 2	$ (22)	$ 2

Derivative Instruments - Additi

Derivative Instruments - Additional Information (Details) $ in Millions, $ in Millions	3 Months Ended	6 Months Ended
	Apr. 01, 2023 USD ($)	Apr. 01, 2023 USD ($)	Apr. 01, 2023 CAD ($)	Oct. 01, 2022 USD ($)	Oct. 01, 2022 CAD ($)
Derivative [Line Items]
Net deferred gains recorded in AOCI for contracts that will mature in the next twelve months	$ 244
Hedging Period for Foreign Currency Transactions, Maximum		4 years
Aggregate fair value of derivative instruments with credit-risk-related contingent features in a net liability position by counterparty	1,500	$ 1,500		$ 1,500
Derivatives designated as hedges \| Interest rate \| Fair Value Hedging
Derivative [Line Items]
Derivative, Notional Amount	13,500	13,500		14,500
Derivatives designated as hedges \| Foreign exchange \| Cash Flow Hedging
Derivative [Line Items]
Derivative, Notional Amount	8,400	8,400		7,400
Derivatives designated as hedges \| Currency Swap \| Fair Value Hedging
Derivative [Line Items]
Derivative, Notional Amount	1,000	1,000	$ 1,300	900	$ 1,300
Not Designated as Hedging Instrument \| Foreign exchange
Derivative [Line Items]
Derivative, Notional Amount	4,300	4,300		3,800
Not Designated as Hedging Instrument \| Other Derivative
Derivative [Line Items]
Derivative, Notional Amount	$ 400	$ 400		$ 400

Restructuring and Impairment _2

Restructuring and Impairment Charges - Additional Details (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 01, 2023	Apr. 02, 2022	Apr. 01, 2023	Apr. 02, 2022
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges	$ 152	$ 195	$ 221	$ 195
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges	$ 152
Russia Business
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges		$ 195		$ 195
Severance and Russia Business
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges			$ 221