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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Jun. 30, 2018
Current assets:    
Cash and cash equivalents $ 1,643 $ 2,034
Receivables, net 1,544 1,612
Inventory, net 348 376
Other current assets 515 372
Total current assets 4,050 4,394
Non-current assets:    
Investments 335 393
Property, plant and equipment, net 2,554 2,560
Intangible assets, net 2,426 2,671
Goodwill 5,147 5,218
Deferred income tax assets 269 279
Other non-current assets 930 831
Total assets 15,711 16,346
Current liabilities:    
Accounts payable 411 605
Accrued expenses 1,328 1,340
Deferred revenue 428 516
Current borrowings 449 462
Other current liabilities 724 372
Total current liabilities 3,340 3,295
Non-current liabilities:    
Borrowings 1,004 1,490
Retirement benefit obligations 266 245
Deferred income tax liabilities 295 389
Other non-current liabilities 495 430
Commitments and contingencies
Equity    
Additional paid-in capital 12,243 12,322
Accumulated deficit (1,979) (2,163)
Accumulated other comprehensive loss (1,126) (874)
Total News Corporation stockholders' equity 9,144 9,291
Noncontrolling interests 1,167 1,186
Total equity 10,311 10,477
Total liabilities and equity 15,711 16,346
Redeemable Preferred Stock [Member]    
Equity    
Redeemable preferred stock   20
Class A Common Stock [Member]    
Equity    
Common stock [1] 4 4
Total equity 4 4
Class B Common Stock [Member]    
Equity    
Common stock [2] 2 2
Total equity $ 2 $ 2
[1] Class A common stock, $0.01 par value per share (“Class A Common Stock”), 1,500,000,000 shares authorized, 385,580,015 and 383,385,353 shares issued and outstanding, net of 27,368,413 treasury shares at par at June 30, 2019 and June 30, 2018, respectively.
[2] 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, 2019 and June 30, 2018, respectively.