Consolidated Balance Sheets - USD ($) $ in Millions		Sep. 30, 2019	Jun. 30, 2019
Current assets:
Cash and cash equivalents		$ 1,441	$ 1,643
Receivables, net		1,540	1,544
Inventory, net		402	348
Other current assets		416	515
Total current assets		3,799	4,050
Non-current assets:
Investments		329	335
Property, plant and equipment, net		2,433	2,554
Operating lease right-of-use assets		1,290
Intangible assets, net		2,239	2,426
Goodwill		4,885	5,147
Deferred income tax assets		305	269
Other non-current assets		953	930
Total assets		16,233	15,711
Current liabilities:
Accounts payable		406	411
Accrued expenses		1,167	1,328
Deferred revenue		448	428
Current borrowings	[1]	622	449
Other current liabilities		849	724
Total current liabilities		3,492	3,340
Non-current liabilities:
Borrowings		707	1,004
Retirement benefit obligations		258	266
Deferred income tax liabilities		274	295
Operating lease liabilities		1,329
Other non-current liabilities		344	495
Commitments and contingencies
Additional paid-in capital		12,174	12,243
Accumulated deficit		(2,200)	(1,979)
Accumulated other comprehensive loss		(1,266)	(1,126)
Total News Corporation stockholders' equity		8,714	9,144
Noncontrolling interests		1,115	1,167
Total equity		9,829	10,311
Total liabilities and equity		16,233	15,711
Class A Common Stock [Member]
Non-current liabilities:
Common stock	[2]	4	4
Class B Common Stock [Member]
Non-current liabilities:
Common stock	[3]	$ 2	$ 2

[1] The Company classifies the current portion of long term debt as non-current liabilities on the Balance Sheets when it has the intent and ability to refinance the obligation on a long-term basis, in accordance with ASC 470-50 “Debt.”

[2] Class A common stock, $0.01 par value per share (“Class A Common Stock”), 1,500,000,000 shares authorized, 388,492,158 and 385,580,015 shares issued and outstanding, net of 27,368,413 treasury shares at par at September 30, 2019 and June 30, 2019, 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 September 30, 2019 and June 30, 2019, respectively.