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Additional Financial Information (Tables)
 3 Months Ended
Sep. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components of Receivables, Net

Receivables, net consist of:

 

     As of
September 30, 2015		     As of
June 30, 2015		  
     (in millions)  

Receivables

    $ 1,517      $ 1,503   

Allowances for returns and doubtful accounts

      (216 )      (220 ) 
  

 

 

    

 

 

  

Receivables, net

    $ 1,301      $ 1,283   
  

 

 

    

 

 

  

Components of Other Current Assets

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

 

     As of
September 30, 2015		      As of
June 30, 2015		  
     (in millions)  

Inventory(a)

    $ 293       $ 299   

Deferred tax assets

      67         63   

Assets held for sale

      5         92   

Prepayments and other current assets

      265         263   
  

 

 

     

 

 

  

Total Other current assets

    $ 630       $ 717   
  

 

 

     

 

 

  

 

(a)  Inventory at September 30, 2015 and June 30, 2015 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
September 30, 2015		      As of
June 30, 2015		  
     (in millions)  

Royalty advances to authors

    $ 302       $ 304   

Notes receivable(a)

      36         39   

Deferred tax assets

      496         219   

Other

      129         124   
  

 

 

     

 

 

  

Total Other non-current assets

    $ 963       $ 686   
  

 

 

     

 

 

  

 

(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
September 30, 2015		      As of
June 30, 2015		  
     (in millions)  

Current tax payable

    $ 20       $ 27   

Royalties and commissions payable

      211         163   

Other

      176         211   
  

 

 

     

 

 

  

Total Other current liabilities

    $ 407       $ 401   
  

 

 

     

 

 

  

Components of Other, Net

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

 

         For the three months ended    
September 30,		  
     2015      2014  
     (in millions)  

Gain on sale of marketable securities(a)

    $   —         $ 29   

Dividends received from cost method investments

      —           17   

Other, net

      5         2   
  

 

 

     

 

 

  

Total Other, net

    $ 5       $ 48   
  

 

 

     

 

 

  

 

(a)  In August 2014, REA Group completed the sale of a minority interest held in marketable securities for total cash consideration of $104 million. As a result of the sale, REA Group recognized a pre-tax gain of $29 million, which was reclassified out of accumulated other comprehensive income and included in Other, net in the Statement of Operations.