Walt Disney Co. (DIS)

Income Statement

Beginner level

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Walt Disney Co., consolidated income statement

US$ in millions

	12 months ended	Sep 28, 2019		Sep 29, 2018		Sep 30, 2017		Oct 1, 2016		Oct 3, 2015		Sep 27, 2014
	Services
	Products
	Revenues
	Cost of services, exclusive of depreciation and amortization
	Cost of products, exclusive of depreciation and amortization
	Cost of revenues, exclusive of depreciation and amortization
	Gross profit
	Selling, general, administrative and other
	Depreciation and amortization
	Restructuring and impairment charges
	Operating income
	Hulu Gain
	Charge for the extinguishment of a portion of the debt originally assumed in the TFCF acquisition
	Insurance recoveries (settlements) related to legal matters
	Gain on sale of real estate, property rights and other
	Gain related to the acquisition of BAMTech
	Other
	Other income (expense), net
	Interest expense
	Interest income, investment income and other
	Interest income (expense), net
	Equity in the income (loss) of investees, net
	Income from continuing operations before income taxes
	Income taxes from continuing operations
	Net income from continuing operations
	Income from discontinued operations, includes income tax expense
	Net income
	Net income attributable to noncontrolling and redeemable noncontrolling interests
	Net income attributable to The Walt Disney Company (Disney)

Based on: 10-K (filing date: 2019-11-20), 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19).

Income statement item	Description	The company
Revenues	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Walt Disney Co.’s revenues increased from 2017 to 2018 and from 2018 to 2019.
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Walt Disney Co.’s operating income increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.
Income from continuing operations before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Walt Disney Co.’s income from continuing operations before income taxes increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.
Net income attributable to The Walt Disney Company (Disney)	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Walt Disney Co.’s net income attributable to The Walt Disney Company (Disney) increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.

	Walt Disney Co.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Analysis of Financial Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis of Components of Financial Statements
Financial Reporting Quality