Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Walt Disney Co., consolidated balance sheet: assets

US$ in millions

	Sep 28, 2024	Sep 30, 2023	Oct 1, 2022	Oct 2, 2021	Oct 3, 2020	Sep 28, 2019
Cash and cash equivalents	6,002)	14,182)	11,615)	15,959)	17,914)	5,418)
Receivables, net	12,729)	12,330)	12,652)	13,367)	12,708)	15,481)
Inventories	2,022)	1,963)	1,742)	1,331)	1,583)	1,649)
Content advances	2,097)	3,002)	1,890)	2,183)	2,171)	4,597)
Other current assets	2,391)	1,286)	1,199)	817)	875)	979)
Current assets	25,241)	32,763)	29,098)	33,657)	35,251)	28,124)
Produced and licensed content costs	32,312)	33,591)	35,777)	29,549)	25,022)	22,810)
Investments, equity basis	2,680)	2,688)	2,678)	2,638)	2,632)	2,922)
Investments, other	1,779)	392)	540)	1,297)	1,271)	302)
Investments	4,459)	3,080)	3,218)	3,935)	3,903)	3,224)
Parks, resorts and other property, net	37,041)	34,941)	33,596)	32,624)	32,078)	31,603)
Finance lease right-of-use assets	246)	291)	303)	336)	361)	206)
Parks, resorts and other property, net, including finance lease right-of-use assets	37,287)	35,232)	33,899)	32,960)	32,439)	31,809)
Intangible assets, net	10,739)	13,061)	14,837)	17,115)	19,173)	23,215)
Goodwill	73,326)	77,067)	77,897)	78,071)	77,689)	80,293)
Other assets	12,855)	10,785)	8,905)	8,322)	8,072)	4,509)
Long-term assets	170,978)	172,816)	174,533)	169,952)	166,298)	165,860)
Total assets	196,219)	205,579)	203,631)	203,609)	201,549)	193,984)

Based on: 10-K (reporting date: 2024-09-28), 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-10-01), 10-K (reporting date: 2021-10-02), 10-K (reporting date: 2020-10-03), 10-K (reporting date: 2019-09-28).

Cash and Cash Equivalents: There is a noticeable peak in cash and cash equivalents in 2020, reaching 17,914 million USD, followed by a general decline through 2024, ending at 6,002 million USD. This suggests significant cash outflows or investments after 2020.
Receivables, Net: Receivables show a moderate downward trend from 15,481 million USD in 2019 to around 12,729 million USD in 2024, indicating slightly improved collection or reduced credit sales over the period.
Inventories: Inventories have fluctuated with a low of 1,331 million USD in 2021 and an increasing trend thereafter, reaching 2,022 million USD in 2024, which may reflect higher stock levels or preparation for increased sales.
Content Advances: This category decreased substantially from 4,597 million USD in 2019 to 2,171 million USD in 2020, with subsequent minor fluctuations and a peak at 3,002 million USD in 2022 before declining again to 2,097 million USD in 2024, indicating variable investment in content production or licensing over time.
Other Current Assets: There is a steady growth trend in other current assets from 979 million USD in 2019 to 2,391 million USD in 2024, suggesting an increase in miscellaneous current resource holdings.
Current Assets: Current assets showed a peak in 2020 at 35,251 million USD, decreased to 29,098 million USD in 2022, rose again in 2023, and dropped to 25,241 million USD in 2024, reflecting volatility possibly connected to cash and equivalents and other current items.
Produced and Licensed Content Costs: There is a clear upward trend in content costs from 22,810 million USD in 2019 to a peak of 35,777 million USD in 2022, followed by a slight decrease to 32,312 million USD in 2024, indicating increasing investment in content creation and licensing with some reduction in recent years.
Investments, Equity Basis and Other: Equity-based investments remained relatively stable around 2,600 to 2,700 million USD, while other investments show significant fluctuations, decreasing notably in 2022 and then rising to 1,779 million USD in 2024, indicating shifting allocation or realizations in investment portfolio.
Parks, Resorts, and Other Property, Net: This asset category shows consistent growth from 31,603 million USD in 2019 to 37,041 million USD in 2024, reflecting ongoing capital expenditures or acquisitions in property and facilities.
Finance Lease Right-of-Use Assets: These assets peaked in 2020 at 361 million USD but have declined steadily to 246 million USD in 2024, which may indicate lease terminations or expirations.
Intangible Assets, Net: Intangible assets have experienced a consistent decrease from 23,215 million USD in 2019 to 10,739 million USD in 2024, suggesting amortization or impairment over time without significant new intangible asset additions.
Goodwill: Goodwill shows a gradual decline from 80,293 million USD in 2019 to 73,326 million USD in 2024, which might reflect impairments or asset write-downs related to acquisitions.
Other Assets: Other assets have steadily increased from 4,509 million USD in 2019 to 12,855 million USD in 2024, indicating expanding miscellaneous long-term holdings.
Long-term Assets: Long-term assets remain relatively stable with a slight upward trend from 165,860 million USD in 2019 to a peak near 174,533 million USD in 2022, before decreasing slightly to 170,978 million USD in 2024.
Total Assets: Total assets have been relatively stable, ranging from around 193,984 million USD in 2019 to a peak of 205,579 million USD in 2023, followed by a decline to 196,219 million USD in 2024. This stability suggests balanced asset management despite underlying category fluctuations.

Assets: Selected Items

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Current Assets: Selected Items

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Walt Disney Co. (NYSE:DIS)

Balance Sheet: Assets

Assets: Selected Items

Current Assets: Selected Items