XML 38 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information
 6 Months Ended
Mar. 31, 2012
Segment Information

2. Segment Information

The operating segments reported below are the segments of the Company for which separate financial information is available and for which segment results are evaluated regularly by the Chief Executive Officer in deciding how to allocate resources and in assessing performance. The Company reports the performance of its operating segments including equity in the income of investees, which consists primarily of cable businesses included in the Media Networks segment.

 

     Quarter Ended     Six Months Ended  
     March 31,
2012		     April 2,
2011		     March 31,
2012		     April 2,
2011		  

Revenues(1):

         

Media Networks

    $ 4,692      $ 4,322      $ 9,471      $ 8,967   

Parks and Resorts

      2,899        2,630        6,054        5,498   

Studio Entertainment

      1,180        1,340        2,798        3,272   

Consumer Products

      679        626        1,627        1,548   

Interactive Media

      179        159        458        508   
  

 

 

    

 

 

    

 

 

    

 

 

  
   $ 9,629      $ 9,077      $ 20,408      $ 19,793   
  

 

 

    

 

 

    

 

 

    

 

 

  
        

Segment operating income (loss) (1):

         

Media Networks

    $ 1,729      $ 1,524      $ 2,922      $ 2,590   

Parks and Resorts

      222        145        775        613   

Studio Entertainment

      (84 )      77        329        452   

Consumer Products

      148        142        461        454   

Interactive Media

      (70 )      (115 )      (98 )      (128 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  
   $ 1,945      $ 1,773      $ 4,389      $ 3,981   
  

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) 

Studio Entertainment segment revenues and operating income include an allocation of Consumer Products and Interactive Media revenues which is meant to reflect royalties on sales of merchandise based on certain Studio film properties. The increases/(decreases) related to these allocations on segment revenues and operating income as reported in the above table are as follows:

 

     Quarter Ended     Six Months Ended  
     March 31,
2012		     April 2,
2011		     March 31,
2012		     April 2,
2011		  

Studio Entertainment

    $ 54      $ 45      $ 130      $ 118   

Consumer Products

      (53 )      (44 )      (129 )      (116 ) 

Interactive Media

      (1 )      (1 )      (1 )      (2 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  
   $ —        $ —        $ —        $ —     
  

 

 

    

 

 

    

 

 

    

 

 

  

A reconciliation of segment operating income to income before income taxes is as follows:

 

     Quarter Ended     Six Months Ended  
     March 31,
2012		     April 2,
2011		     March 31,
2012		     April 2,
2011		  

Segment operating income

    $ 1,945      $ 1,773      $ 4,389      $ 3,981   

Corporate and unallocated shared expenses

      (120 )      (122 )      (227 )      (234 ) 

Restructuring and impairment charges

      (38 )      —          (44 )      (12 ) 

Other income

      184        —          184        75   

Net interest expense

      (95 )      (83 )      (185 )      (178 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Income before income taxes

    $ 1,876      $ 1,568      $ 4,117      $ 3,632