Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2020	Jun. 30, 2019
Current assets:
Cash and cash equivalents		$ 1,517	$ 1,643
Receivables, net		1,203	1,544
Inventory, net		348	348
Other current assets		393	515
Total current assets		3,461	4,050
Non-current assets:
Investments		297	335
Property, plant and equipment, net		2,256	2,554
Operating lease right-of-use assets		1,061	0
Intangible assets, net		1,864	2,426
Goodwill		3,951	5,147
Deferred income tax assets		332	269
Other non-current assets		1,039	930
Total assets		14,261	15,711
Current liabilities:
Accounts payable		351	411
Accrued expenses		1,019	1,328
Deferred revenue		398	428
Current borrowings		76	449
Other current liabilities		838	724
Total current liabilities		2,682	3,340
Non-current liabilities:
Borrowings		1,183	1,004
Retirement benefit obligations		277	266
Deferred income tax liabilities		258	295
Operating lease liabilities		1,146	0
Other non-current liabilities		326	495
Commitments and contingencies
Equity
Additional paid-in capital		12,148	12,243
Accumulated deficit		(3,241)	(1,979)
Accumulated other comprehensive loss		(1,331)	(1,126)
Total News Corporation stockholders’ equity		7,582	9,144
Noncontrolling interests		807	1,167
Total equity		8,389	10,311
Total liabilities and equity		14,261	15,711
Class A Common Stock
Equity
Common stock	[1]	4	4
Total equity		4	4
Class B Common Stock
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, 388,922,752 and 385,580,015 shares issued and outstanding, net of 27,368,413 treasury shares at par at June 30, 2020 and June 30, 2019, 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, 2020 and June 30, 2019, respectively.