Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014
Revenues:
Advertising	$ 3,644		$ 3,835	$ 4,019
Circulation and subscription	2,569		2,608	2,648
Consumer	1,578		1,594	1,374
Other	501		487	445
Total Revenues	8,292		8,524	8,486
Operating expenses	(4,728)		(4,952)	(5,074)
Selling, general and administrative	(2,722)		(2,627)	(2,449)
NAM Group and Zillow settlements, net	(158)		0	0
Depreciation and amortization	(505)		(498)	(552)
Impairment and restructuring charges	(89)		(84)	(94)
Equity earnings of affiliates	30		58	90
Interest, net	43		56	68
Other, net	18		75	(653)
Income (loss) from continuing operations before income tax benefit (expense)	181		552	(178)	[1]
Income tax benefit (expense)	54	[2]	(185)	614	[1]
Income from continuing operations	235		367	436
Income (loss) from discontinued operations, net of tax	15		(445)	(142)
Net income (loss)	250		(78)	294
Less: Net income attributable to noncontrolling interests	(71)		(69)	(55)
Net income (loss) attributable to News Corporation stockholders	$ 179		$ (147)	$ 239
Basic and diluted income (loss) earnings per share:
Income from continuing operations available to News Corporation stockholders per share	$ 0.28		$ 0.51	$ 0.65
Income (loss) from discontinued operations available to News Corporation stockholders per share	0.02		(0.77)	(0.24)
Net income (loss) available to News Corporation stockholders per share	$ 0.30		$ (0.26)	$ 0.41

[1] See Discussion of Foreign Tax Refund below.

[2] The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. In addition, a tax benefit of $30 million related to the current year operations of the Digital Education segment was recorded to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. The tax (benefit) expense shown above excludes the tax benefit of the Company's digital education business. The Company will not have a current federal tax expense after accounting for the current federal tax benefits attributed to discontinued operations.