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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Jun. 30, 2015
Current assets:    
Cash and cash equivalents $ 1,832 $ 1,951
Restricted cash 315 0
Receivables, net 1,229 1,283
Other current assets 513 780
Total current assets 3,889 4,014
Non-current assets:    
Investments 2,270 2,379
Property, plant and equipment, net 2,405 2,690
Intangible assets, net 2,207 2,203
Goodwill 3,714 3,063
Deferred income tax assets 602 219 [1]
Other non-current assets 396 467
Total assets 15,483 15,035
Current liabilities:    
Accounts payable 217 238
Accrued expenses 1,371 1,125
Deferred revenue 388 346
Other current liabilities 466 401
Total current liabilities 2,442 2,110
Non-current liabilities:    
Borrowings 369 0
Retirement benefit obligations 350 305
Deferred income tax liabilities 171 166 [1]
Other non-current liabilities 349 318
Commitments and contingencies
Equity    
Additional paid-in capital 12,434 12,433
Retained earnings 150 88
Accumulated other comprehensive (loss) income (1,026) (582)
Total News Corporation stockholders' equity 11,564 11,945
Noncontrolling interests 218 171
Total equity 11,782 12,116
Total liabilities and equity 15,483 15,035
Redeemable Preferred Stock [Member]    
Non-current liabilities:    
Redeemable preferred stock 20 20
Class A Common Stock [Member]    
Equity    
Common stock [2] 4 4
Total equity 4 4
Class B Common Stock [Member]    
Equity    
Common stock [3] 2 2
Total equity $ 2 $ 2
[1] In fiscal year 2016, the Company early-adopted ASU 2015-17, "Balance Sheet Classification of Deferred Taxes", which requires that deferred income tax liabilities and assets be classified as noncurrent in the Consolidated Balance Sheet. As such the requirement under prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheet has been eliminated. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17.
[2] Class A common stock, $0.01 par value per share ("Class A Common Stock"), 1,500,000,000 shares authorized, 380,490,770 and 381,914,964 shares issued and outstanding, net of 27,368,413 treasury shares at par at June 30, 2016 and June 30, 2015, respectively.
[3] Class B common stock, $0.01 par value per share ("Class B Common Stock"), 750,000,000 shares authorized, 199,630,240 shares issued and outstanding, net of 78,430,424 treasury shares at par at June 30, 2016 and June 30, 2015, respectively.