Analysis of segment disclosure footnote

The Walt Disney Company identifies four operating segments. Following are excerpts from the description provided in the company's October 3, 2020 10-K:

The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company with operations in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media.

The segment footnote in The Walt Disney Company 2020 annual report follows (in millions):

	2020	2019	2018
Revenues
Media Networks	$28,393	$24,827	$21,922
Parks, Experiences and Products
Third Parties	17,038	26,786	25,257
Intersegment	(536)	(561)	(556)
	16,502	26,225	24,701
Studio Entertainment
Third parties	9,100	10,566	9,509
Intersegment	536	561	556
	9,636	11,127	10,065
Direct-to-Consumer & International	16,967	9,386	3,414
Eliminations	(6,110)	(1,958)	(668)
Total consolidated revenues	$65,388	$69,607	$59,434
Segment operating income (loss)
Media Networks	$9,022	$7,479	$7,338
Parks, Experiences and Products	(81)	6,758	6,095
Studio Entertainment	2,501	2,686	3,004
Direct-to-Consumer & International	(2,806)	(1,835)	(738)
Eliminations	(528)	(241)	(10)
Total segment operating income	$8,108	$14,847	$15,689
Reconciliation of segment operating income to income
from continuing operations before income taxes
Segment operating income	$8,108	$14,847	$15,689
Corporate and unallocated shared expenses	(817)	(987)	(744)
Restructuring and impairment charges	(5,735)	(1,183)	(33)
Other income, net	1,038	4,357	601
Interest expense, net	(1,491)	(978)	(574)
Amortization of TFCF and Hulu intangible assets
and fair value step-up on film and television costs	(2,846)	(1,595)	-
Impairment of equity investments	-	(538)	(210)
Income(loss) from continuing operations before income taxes	$(1,743)	$13,923	$14,729
Capital expenditures
Media Networks
Cable Networks	$61	$93	$96
Broadcasting	51	81	107
Parks, Experiences and Products
Domestic	2,145	3,294	3,223
International	759	852	677
Studio Entertainment	77	88	96
Direct-to-Consumer & International	594	258	107
Corporate	335	210	159
Total capital expenditures	$4,022	$4,876	$4,465
Depreciation expense
Media Networks	$203	$191	$199
Parks, Experiences and Products
Domestic	1,634	1,474	1,449
International	694	724	768
Studio Entertainment	87	74	55
Direct-to-Consumer & International	348	214	106
Depreciation expense inc. in segment operating income	2,966	2,677	2,577
Corporate	174	167	181
Total depreciation expense	$3,140	$2,844	$2,758
Amortization of intangible assets
Media Networks	$4	$0	$0
Parks, Experiences and Products	109	108	110
Studio Entertainment	59	61	64
Direct-to-Consumer & International	112	111	79
Amortization of intangible assets inc. in segment operating income	284	280	253
TFCF and Hulu intangible assets	1,921	1,043	-
Total amortization of intangible assets	$2,205	$1,323	$253
Identifiable assets
Media Networks	$62,220	$63,519
Parks, Experiences and Products	42,320	41,978
Studio Entertainment	32,811	34,323
Direct-to-Consumer & International	45,538	48,606
Corporate	19,691	6,025
Eliminations	(1,031)	(467)
Total consolidated assets	$201,549	$193,984

a. For 2020, confirm that each of Disney's segments exceeds one or more of the quantitative thresholds. Calculate the quantitative threshold tests for 2020.

Note: Round answers to the nearest percent (ex: 0.2345 = 23%).

	Revenues	Operating Income	Assets
Media Networks	Answer	Answer	Answer
Parks, Experiences and Products	Answer	Answer	Answer
Studio Entertainment	Answer	Answer	Answer
Direct-to-Consumer & International	Answer	Answer	Answer