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The SEC filing reveals Disney's intent to nearly double its previous capex investments, with an emphasis on revitalizing and expanding its theme parks and cruise lines. The company explains that capex refers to the funds allocated for creating or enhancing assets—such as new rides, resorts, hotels, and even franchise content like Marvel and Star Wars movies. Specifically, Disney intends to channel this significant investment into real property development, including theme park expansion and new hotel projects, alongside ongoing projects like the Disney Vacation Club timeshares.