Segment Information (Tables)

9 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated

Segment information is summarized as follows:

	For the three months  ended March 31,						For the nine months ended March 31,
	2020			2019			2020			2019
	(in millions)
Revenues:
News and Information Services	$	1,130		$	1,224		$	3,520		$	3,729
Subscription Video Services		462			539			1,477			1,666
Book Publishing		412			421			1,259			1,335
Digital Real Estate Services		261			272			827			876
Other		1			1			2			2
Total revenues	$	2,266		$	2,457		$	7,085		$	7,608
Segment EBITDA:
News and Information Services	$	75		$	65		$	273		$	286
Subscription Video Services		68			98			219			295
Book Publishing		55			53			167			209
Digital Real Estate Services		74			73			274			299
Other		(30	)		(42	)		(115	)		(114	)
Depreciation and amortization		(160	)		(168	)		(484	)		(494	)
Impairment and restructuring charges		(1,125	)		(34	)		(1,451	)		(71	)
Equity losses of affiliates		(7	)		(4	)		(12	)		(13	)
Interest expense, net		(9	)		(14	)		(13	)		(45	)
Other, net		13			3			19			30
(Loss) income before income tax benefit (expense)		(1,046	)		30			(1,123	)		382
Income tax benefit (expense)		10			(7	)		(21	)		(112	)
Net (loss) income	$	(1,036	)	$	23		$	(1,144	)	$	270

Reconciliation of Assets from Segments to Consolidated

	As of		As of
	March 31, 2020		June 30, 2019
	(in millions)
Total assets:
News and Information Services	$	5,288	$	5,482
Subscription Video Services		3,319		4,406
Book Publishing		2,165		2,074
Digital Real Estate Services		2,166		2,229
Other(a)		1,165		1,185
Investments		325		335
Total assets	$	14,428	$	15,711

(a) The Other segment primarily includes Cash and cash equivalents.

Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated

	As of		As of
	March 31, 2020		June 30, 2019
	(in millions)
Goodwill and intangible assets, net:
News and Information Services	$	2,082	$	2,617
Subscription Video Services		1,371		2,595
Book Publishing		735		772
Digital Real Estate Services		1,489		1,589
Total Goodwill and intangible assets, net	$	5,677	$	7,573