Equity (Tables)

9 Months Ended

Mar. 31, 2019

Stockholders' Equity Note [Abstract]

Summary of Changes in Equity

The following tables summarize changes in equity for the three and nine months ended March 31, 2019 and 2018:

	For the three months ended March 31, 2019
															Accumulated
	Class A				Class B				Additional						Other			Total News
	Common Stock				Common Stock				Paid-in			Accumulated			Comprehensive			Corporation			Noncontrolling			Total
	Shares		Amount		Shares		Amount		Capital			Deficit			Loss			Equity			Interests			Equity
	(in millions)
Balance, December 31, 2018		385	$	4		200	$	2	$	12,271		$	(1,937	)	$	(1,076	)	$	9,264		$	1,170		$	10,434
Net income		—		—		—		—		—			10			—			10			13			23
Other comprehensive income		—		—		—		—		—			—			57			57			10			67
Dividends		—		—		—		—		(58	)		—			—			(58	)		(20	)		(78	)
Other		—		—		—		—		16			—			—			16			(4	)		12
Balance, March 31, 2019		385	$	4		200	$	2	$	12,229		$	(1,927	)	$	(1,019	)	$	9,289		$	1,169		$	10,458

	For the three months ended March 31, 2018
															Accumulated
	Class A				Class B				Additional						Other			Total News
	Common Stock				Common Stock				Paid-in			Accumulated			Comprehensive			Corporation			Noncontrolling			Total
	Shares		Amount		Shares		Amount		Capital			Deficit			Loss			Equity			Interests			Equity
	(in millions)
Balance, December 31, 2017		383	$	4		200	$	2	$	12,350		$	(664	)	$	(832	)	$	10,860		$	298		$	11,158
Net (loss) income		—		—		—		—		—			(1,128	)		—			(1,128	)		18			(1,110	)
Other comprehensive income (loss)		—		—		—		—		—			—			3			3			(2	)		1
Dividends		—		—		—		—		(59	)		—			—			(59	)		(19	)		(78	)
Other		—		—		—		—		19			—			—			19			1			20
Balance, March 31, 2018		383	$	4		200	$	2	$	12,310		$	(1,792	)	$	(829	)	$	9,695		$	296		$	9,991

	For the nine months ended March 31, 2019
	Class A				Class B				Additional						Accumulated Other			Total News
	Common Stock				Common Stock				Paid-in			Accumulated			Comprehensive			Corporation			Noncontrolling			Total
	Shares		Amount		Shares		Amount		Capital			Deficit			Loss			Equity			Interests			Equity
	(in millions)
Balance, June 30, 2018		383	$	4		200	$	2	$	12,322		$	(2,163	)	$	(874	)	$	9,291		$	1,186		$	10,477
Cumulative impact from adoption of new accounting standards		—		—		—		—		—			32			(22	)		10			10			20
Net income		—		—		—		—		—			206			—			206			64			270
Other comprehensive loss		—		—		—		—		—			—			(124	)		(124	)		(46	)		(170	)
Dividends		—		—		—		—		(117	)		—			—			(117	)		(43	)		(160	)
Other		2		—		—		—		24			(2	)		1			23			(2	)		21
Balance, March 31, 2019		385	$	4		200	$	2	$	12,229		$	(1,927	)	$	(1,019	)	$	9,289		$	1,169		$	10,458

	For the nine months ended March 31, 2018
															Accumulated
	Class A				Class B				Additional						Other			Total News
	Common Stock				Common Stock				Paid-in			Accumulated			Comprehensive			Corporation			Noncontrolling			Total
	Shares		Amount		Shares		Amount		Capital			Deficit			Loss			Equity			Interests			Equity
	(in millions)
Balance, June 30, 2017		382	$	4		200	$	2	$	12,395		$	(648	)	$	(964	)	$	10,789		$	284		$	11,073
Net (loss) income		—		—		—		—		—			(1,143	)		—			(1,143	)		54			(1,089	)
Other comprehensive income		—		—		—		—		—			—			135			135			1			136
Dividends		—		—		—		—		(118	)		—			—			(118	)		(40	)		(158	)
Other		1		—		—		—		33			(1	)		—			32			(3	)		29
Balance, March 31, 2018		383	$	4		200	$	2	$	12,310		$	(1,792	)	$	(829	)	$	9,695		$	296		$	9,991

Summary of dividends declared per share

The following table sets forth the cash dividend declared per share for the three and nine months ended March 31, 2019 and 2018:

	For the three months ended March 31,				For the nine months ended March 31,
	2019		2018		2019		2018
Cash dividend declared per share	$	0.10	$	0.10	$	0.20	$	0.20