XML 55 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Operating activities:    
Net income $ 251us-gaap_ProfitLoss $ 204us-gaap_ProfitLoss
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 266us-gaap_DepreciationAndAmortization 279us-gaap_DepreciationAndAmortization
Equity earnings of affiliates (41)us-gaap_IncomeLossFromEquityMethodInvestments (30)us-gaap_IncomeLossFromEquityMethodInvestments
Cash distributions received from affiliates 68us-gaap_EquityMethodInvestmentDividendsOrDistributions 47us-gaap_EquityMethodInvestmentDividendsOrDistributions
Foreign tax refund payable to 21st Century Fox 0nws_IncreaseDecreaseInForeignIncomeTaxRefundPayable 148nws_IncreaseDecreaseInForeignIncomeTaxRefundPayable
Foreign tax refund receivable, net of applicable taxes 0nws_IncreaseDecreaseInForeignTaxRefund (140)nws_IncreaseDecreaseInForeignTaxRefund
Impairment charges, net of tax 0us-gaap_AssetImpairmentCharges 12us-gaap_AssetImpairmentCharges
Other, net (58)us-gaap_OtherOperatingActivitiesCashFlowStatement (49)us-gaap_OtherOperatingActivitiesCashFlowStatement
Deferred income taxes and taxes payable 42us-gaap_IncreaseDecreaseInIncomeTaxes 85us-gaap_IncreaseDecreaseInIncomeTaxes
Change in operating assets and liabilities, net of acquisitions:    
Receivables and other assets (64)us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets (244)us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
Inventories, net 66us-gaap_IncreaseDecreaseInInventories 51us-gaap_IncreaseDecreaseInInventories
Accounts payable and other liabilities (26)us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities 65us-gaap_IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
Pension and postretirement benefit plans (12)us-gaap_IncreaseDecreaseInPensionAndPostretirementObligations (21)us-gaap_IncreaseDecreaseInPensionAndPostretirementObligations
Net cash provided by operating activities 492us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 407us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Investing activities:    
Capital expenditures (183)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (147)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Acquisitions, net of cash acquired (1,183)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (26)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Investments in equity affiliates and other (246)nws_PaymentsToAcquireEquityMethodAndOtherInvestments (2)nws_PaymentsToAcquireEquityMethodAndOtherInvestments
Proceeds from dispositions 114nws_ProceedsFromInvestmentSalesAndFromDivestitureOfBusiness 100nws_ProceedsFromInvestmentSalesAndFromDivestitureOfBusiness
Net cash used in investing activities (1,498)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (75)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Financing activities:    
Net transfers from 21st Century Fox and affiliates 0nws_ProceedsFromContributionsFromPaymentsOfDistributionsToAffiliates 217nws_ProceedsFromContributionsFromPaymentsOfDistributionsToAffiliates
Repayment of borrowings acquired in the Move acquisition (129)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities 0us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities
Dividends paid (17)us-gaap_PaymentsOfDividends (13)us-gaap_PaymentsOfDividends
Other, net (10)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 0us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash (used in) provided by financing activities (156)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 204us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net (decrease) increase in cash and cash equivalents (1,162)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect 536us-gaap_CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
Cash and cash equivalents, beginning of period 3,145us-gaap_CashAndCashEquivalentsAtCarryingValue 2,381us-gaap_CashAndCashEquivalentsAtCarryingValue
Exchange movement on opening cash balance (65)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (9)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Cash and cash equivalents, end of period $ 1,918us-gaap_CashAndCashEquivalentsAtCarryingValue $ 2,908us-gaap_CashAndCashEquivalentsAtCarryingValue