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  "presentationDate": "2024-03-01 00:00:00",
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  "notes": "The table provides a clear bridge from operating income to ROIC, highlighting a significant improvement in capital efficiency over the 14-year period.",
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      "text": "The following table reconciles the Experiences segment's consolidated operating income to return on invested capital:",
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      "text": "Reflects the average of invested capital at the end of each fiscal year and the end of the immediately prior fiscal year. Invested capital is defined as the remainder of the segment's total assets at a fiscal year end minus the sum of each segment's a) cash, cash equivalents and restricted cash as of the last day of the fiscal year, b) deferred tax assets and c) non-interest bearing liabilities and income and property tax liabilities. Includes Parks & Resorts, Consumer Products, and Interactive Media.",
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      "text": "Return on invested capital reconciliation",
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