Additional Financial Information (Tables)

3 Months Ended

Sep. 30, 2014

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Components of Receivables, Net

Receivables, net consist of:

	As of				As of
	September 30, 2014				June 30, 2014
	(in millions)
Receivables		$	1,658			$	1,563
Allowances for returns and doubtful accounts			(247	)			(175	)
Receivables, net		$	1,411			$	1,388

Components of Other Current Assets

The following table sets forth the components of Other current assets:

	As of			As of
	September 30, 2014			June 30, 2014
	(in millions)
Inventory(a)		$	293		$	310
Assets held for sale			2			11
Deferred tax assets			77			76
Prepayments and other current assets			287			274
Total Other current assets		$	659		$	671

^(a)  Inventory at September 30, 2014 and June 30, 2014 was primarily comprised of books, newsprint, printing ink, plate material and programming rights.

Components of Other Non-Current Assets

The following table sets forth the components of Other non-current assets:

	As of			As of
	September 30, 2014			June 30, 2014
	(in millions)
Royalty advances to authors		$	291		$	267
Notes receivable(a)			78			83
Deferred tax assets			152			146
Other			175			186
Total Other non-current assets		$	696		$	682

^(a)  Notes receivable relates to the Company’s sale of its former U.K. newspaper division headquarters.

Components of Other Current Liabilities

The following table sets forth the components of Other current liabilities:

	As of			As of
	September 30, 2014			June 30, 2014
	(in millions)
Current tax payable		$	40		$	25
Current deferred income tax			38			36
Royalties and commissions payable			211			168
Other			196			202
Total Other current liabilities		$	485		$	431

Components of Other, Net

The following table sets forth the components of Other, net:

	For the three months ended
	September 30,
	2014		2013
	(in millions)
Foreign tax refund payable to 21st Century Fox(a)	$	—	$	(483	)
Gain on third party pension contribution(b)		—		37
Gain on sale of marketable securities(c)		29		—
Dividends received from cost method investments		17		—
Other, net		2		5
Total Other, net	$	48	$	(441	)

^(a)  See Note 12—Income Taxes

^(b)  See Note 11—Pension and Other Postretirement Benefits

^(c)  See Note 4—Investments