CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) shares in Thousands, $ in Millions	Total	Common Stock	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock	Total Disney Equity	Noncontrolling Interest	[1]	Total excluding redeemable noncontrolling interest [Member

BEGINNING BALANCE (in shares) at Sep. 30, 2017		1,517,000
BEGINNING BALANCE at Sep. 30, 2017		$ 36,248	$ 72,606	$ (3,528)	$ (64,011)	$ 41,315	$ 3,689		$ 45,004
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	$ 13,425		12,598	431		13,029	425		13,454
Equity compensation activity (in shares)		6,000
Equity compensation activity		$ 518				518			518
Common stock repurchases (in shares)	(35,000)	(35,000)
Common stock repurchases	$ (3,600)				(3,577)	(3,577)			(3,577)
Dividends		$ 14	(2,529)			(2,515)			(2,515)
Contributions	399						488		488
Distributions and other		$ (1)	4			3	(543)		(540)
ENDING BALANCE (in shares) at Sep. 29, 2018		1,488,000
ENDING BALANCE at Sep. 29, 2018		$ 36,779	82,679	(3,097)	(67,588)	48,773	4,059		52,832
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	8,705		11,054	(2,814)		8,240	371		8,611
Equity compensation activity (in shares)		7,000
Equity compensation activity		$ 912				912			912
Dividends		$ 18	(2,913)			(2,895)			(2,895)
Contributions	737						737		737
Acquisition of TFCF (in shares)		307,000
Acquisition of TFCF		$ 33,774				33,774	10,408		44,182
Adoption of New Accounting Pronouncement | Accounting Standards Update 2018-02			691	(691)
Adoption of New Accounting Pronouncement | Accounting Standards Update 2016-16			192			192			192
Adoption of New Accounting Pronouncement | Accounting Standards Update 2014-09			(116)			(116)			(116)
Adoption of New Accounting Pronouncement | Accounting Standards Update, Other			22	(15)		7			7
Treasury Stock, Retired, Cost Method, Amount		(17,563)	(49,118)		66,681
Temporary Equity, Accretion to Redemption Value							(7,770)		(7,770)
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests							(1,430)		(1,430)
Sales of RSNs							(744)		(744)
Distributions and other		$ (13)	3			(10)	(619)		(629)
ENDING BALANCE (in shares) at Sep. 28, 2019		1,802,000
ENDING BALANCE at Sep. 28, 2019	93,889	$ 53,907	42,494	(6,617)	(907)	88,877	5,012		93,889
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Comprehensive income	(4,086)		(2,864)	(1,705)		(4,569)	198		(4,371)
Equity compensation activity (in shares)		8,000
Equity compensation activity		$ 590				590			590
Dividends		9	(1,596)			(1,587)			(1,587)
Contributions	94						94		94
Adoption of New Accounting Pronouncement | Accounting Standards Update 2016-02			197			197			197
Distributions and other		$ (9)	84			75	(624)		(549)
ENDING BALANCE (in shares) at Oct. 03, 2020		1,810,000
ENDING BALANCE at Oct. 03, 2020	$ 88,263	$ 54,497	$ 38,315	$ (8,322)	$ (907)	$ 83,583	$ 4,680		$ 88,263

2. Compute the Return on Equity (show work to get full points)

3. Compute the Earnings per Share (show work to get full points)

$ 65,388 (12,369) (5,345) (61,594) (5,735) 1,038 (1,491) 651 (1,743) (699) $ 69,607 (11,549) (4.167) (57,777) (1,183) 4,357 (978) (103) $ 59,434 (8,860) (3,011) (44,597) (33) 601 (574) (102) 13,923 14,729 (3,026) (1,663) (2,442) 10,897 13,066 (32) 687 0 (2,474) 11,584 13,066 (390) (472) (468) 0 58 0 Revenues Selling, general, administrative and other Depreciation and amortization Total costs and expenses Restructuring and impairment charges Other income, net Interest expense, net Equity in the income (loss) of investees Income (loss) from continuing operations before income taxes Income taxes on continuing operations Net income (loss) from continuing operations Income (loss) from discontinued operations, net of income tax benefit (expense) of $10, (539) and So, respectively Net income (loss) Net income from continuing operations attributable to noncontrolling and redeemable noncontrolling interests Net income from discontinued operations attributable to noncontrolling interests Net Income (loss) attributable to The Walt Disney Company (Disney) Earnings per share attributable to Disney Continuing Operations, Per Diluted Share Discontinued Operation, Per Diluted Share Diluted Continuing Operations, Per Basic Share Discontinued Operation, Per Basic Share Basic Weighted average number of common and common equivalent shares outstanding: Diluted (shares) Basic (shares) Service Revenues Cost of Goods and Services Sold Product Revenues Cost of Goods and Services Sold S (2,864) $ 11,054 $ 12,598 S 6.26 $ 8.36 0.38 0 [1] S (1.57) (0.02) (1.58) (1.57) (0.02) S (1.58) 6.64 6.30 0.38 $ 6.68 8.36 8.40 0 S 8.40 [1] 1,808 1,808 1,666 1,656 1,507 1,499 S 59,265 (39,406) $ 60,579 (36,493) $ 50,869 (27,528) 6,123 S (4,474) 9,028 S (5,568) 8,565 S (5,198) Oct. 03, 2020 Sep. 28, 2019 $ 17,914 12,708 1,583 2,171 875 35,251 25,022 3,903 62,111 (35,517) $ 5,418 15,481 1,649 4,597 979 28,124 22,810 3,224 58,589 (32,415) 26,174 26,594 4,449 1,035 32,078 19,173 77,689 8,433 201,549 4,264 1,165 31,603 23,215 80,293 4,715 193,984 CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions Current assets Cash and cash equivalents Receivables Inventories Licensed content costs and advances Other current assets Total current assets Produced and licensed content costs Investments Attractions, buildings and equipment Accumulated depreciation Parks, resorts and other property, before projects in progress and land, Total Projects in progress Land Parks, resorts and other property Intangible assets, net Goodwill Other assets Total assets Current liabilities Accounts payable and other accrued liabilities Current portion of borrowings Deferred revenue and other Total current liabilities Borrowings Deferred income taxes Other long-term liabilities Commitments and contingencies Redeemable noncontrolling interest Equity Preferred stock Common stock, S.01 par value, Authorized 4.6 billion shares, Issued - 1.8 billion shares Retained earnings Accumulated other comprehensive loss Treasury stock, at cost, 19 million shares Total Disney Shareholders' equity Noncontrolling interests Total equity Total liabilities and equity 16,801 17,762 5,711 4,116 26,628 52,917 7,288 17,204 8,857 4,722 31,341 38,129 7,902 13,760 9,249 8,963 0 0 54,497 53,907 38,315 (8,322) (907) 83,583 4,680 88,263 $ 201,549 42,494 (6,617) (907) 88,877 5,012 93,889 $ 193,984 $ 65,388 (12,369) (5,345) (61,594) (5,735) 1,038 (1,491) 651 (1,743) (699) $ 69,607 (11,549) (4.167) (57,777) (1,183) 4,357 (978) (103) $ 59,434 (8,860) (3,011) (44,597) (33) 601 (574) (102) 13,923 14,729 (3,026) (1,663) (2,442) 10,897 13,066 (32) 687 0 (2,474) 11,584 13,066 (390) (472) (468) 0 58 0 Revenues Selling, general, administrative and other Depreciation and amortization Total costs and expenses Restructuring and impairment charges Other income, net Interest expense, net Equity in the income (loss) of investees Income (loss) from continuing operations before income taxes Income taxes on continuing operations Net income (loss) from continuing operations Income (loss) from discontinued operations, net of income tax benefit (expense) of $10, (539) and So, respectively Net income (loss) Net income from continuing operations attributable to noncontrolling and redeemable noncontrolling interests Net income from discontinued operations attributable to noncontrolling interests Net Income (loss) attributable to The Walt Disney Company (Disney) Earnings per share attributable to Disney Continuing Operations, Per Diluted Share Discontinued Operation, Per Diluted Share Diluted Continuing Operations, Per Basic Share Discontinued Operation, Per Basic Share Basic Weighted average number of common and common equivalent shares outstanding: Diluted (shares) Basic (shares) Service Revenues Cost of Goods and Services Sold Product Revenues Cost of Goods and Services Sold S (2,864) $ 11,054 $ 12,598 S 6.26 $ 8.36 0.38 0 [1] S (1.57) (0.02) (1.58) (1.57) (0.02) S (1.58) 6.64 6.30 0.38 $ 6.68 8.36 8.40 0 S 8.40 [1] 1,808 1,808 1,666 1,656 1,507 1,499 S 59,265 (39,406) $ 60,579 (36,493) $ 50,869 (27,528) 6,123 S (4,474) 9,028 S (5,568) 8,565 S (5,198) Oct. 03, 2020 Sep. 28, 2019 $ 17,914 12,708 1,583 2,171 875 35,251 25,022 3,903 62,111 (35,517) $ 5,418 15,481 1,649 4,597 979 28,124 22,810 3,224 58,589 (32,415) 26,174 26,594 4,449 1,035 32,078 19,173 77,689 8,433 201,549 4,264 1,165 31,603 23,215 80,293 4,715 193,984 CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions Current assets Cash and cash equivalents Receivables Inventories Licensed content costs and advances Other current assets Total current assets Produced and licensed content costs Investments Attractions, buildings and equipment Accumulated depreciation Parks, resorts and other property, before projects in progress and land, Total Projects in progress Land Parks, resorts and other property Intangible assets, net Goodwill Other assets Total assets Current liabilities Accounts payable and other accrued liabilities Current portion of borrowings Deferred revenue and other Total current liabilities Borrowings Deferred income taxes Other long-term liabilities Commitments and contingencies Redeemable noncontrolling interest Equity Preferred stock Common stock, S.01 par value, Authorized 4.6 billion shares, Issued - 1.8 billion shares Retained earnings Accumulated other comprehensive loss Treasury stock, at cost, 19 million shares Total Disney Shareholders' equity Noncontrolling interests Total equity Total liabilities and equity 16,801 17,762 5,711 4,116 26,628 52,917 7,288 17,204 8,857 4,722 31,341 38,129 7,902 13,760 9,249 8,963 0 0 54,497 53,907 38,315 (8,322) (907) 83,583 4,680 88,263 $ 201,549 42,494 (6,617) (907) 88,877 5,012 93,889 $ 193,984