Consolidated Balance Sheets - USD ($) $ in Millions		Mar. 31, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents		$ 1,388	$ 1,643
Receivables, net		1,237	1,544
Inventory, net		363	348
Other current assets		753	515
Total current assets		3,741	4,050
Non-current assets:
Investments		325	335
Property, plant and equipment, net		2,225	2,554
Operating lease right-of-use assets		1,191	0
Intangible assets, net		1,846	2,426
Goodwill		3,831	5,147
Deferred income tax assets		306	269
Other non-current assets		963	930
Total assets		14,428	15,711
Current liabilities:
Accounts payable		342	411
Accrued expenses		981	1,328
Deferred revenue		387	428
Current borrowings	[1]	0	449
Other current liabilities		979	724
Total current liabilities		2,689	3,340
Non-current liabilities:
Borrowings		1,115	1,004
Retirement benefit obligations		248	266
Deferred income tax liabilities		238	295
Operating lease liabilities		1,249	0
Other non-current liabilities		321	495
Commitments and contingencies
Additional paid-in capital		12,137	12,243
Accumulated deficit		(2,845)	(1,979)
Accumulated other comprehensive loss		(1,466)	(1,126)
Total News Corporation stockholders' equity		7,832	9,144
Noncontrolling interests		736	1,167
Total equity		8,568	10,311
Total liabilities and equity		14,428	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, 388,843,519 and 385,580,015 shares issued and outstanding, net of 27,368,413 treasury shares at par at March 31, 2020 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 March 31, 2020 and June 30, 2019, respectively