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Segment Information (Tables)
 12 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated Segment EBITDA is the primary measure used by the Company’s chief operating decision maker to evaluate the performance of and allocate resources within the Company’s businesses. Segment EBITDA provides management, investors and equity analysts with a measure to analyze the operating performance of each of the Company’s business segments and its enterprise value against historical data and competitors’ data, although historical results may not be indicative of future results (as operating performance is highly contingent on many factors, including customer tastes and preferences).
For the fiscal years ended June 30,
202020192018
(in millions)
Revenues:
Digital Real Estate Services$1,065  $1,159  $1,141  
Subscription Video Services1,884  2,202  1,004  
Dow Jones1,590  1,549  1,500  
Book Publishing1,666  1,754  1,758  
News Media2,801  3,407  3,619  
Other2  3  2  
Total Revenues
$9,008  $10,074  $9,024  
Segment EBITDA:
Digital Real Estate Services$345  $378  $401  
Subscription Video Services323  379  173  
Dow Jones236  208  193  
Book Publishing214  252  239  
News Media53  182  204  
Other(158) (155) (139) 
Depreciation and amortization(644) (659) (472) 
Impairment and restructuring charges
(1,830) (188) (351) 
Equity losses of affiliates
(47) (17) (1,006) 
Interest expense, net(25) (59) (7) 
Other, net
9  33  (324) 
(Loss) income before income tax expense(1,524) 354  (1,089) 
Income tax expense(21) (126) (355) 
Net (loss) income$(1,545) $228  $(1,444) 
Reconciliation of Depreciation and Amortization, Capital Expenditures and Goodwill and Intangible Assets from Segments to Consolidated
For the fiscal years ended June 30,
202020192018
(in millions)
Depreciation and amortization:
Digital Real Estate Services$93  $97  $87  
Subscription Video Services283  292  107  
Dow Jones113  103  108  
Book Publishing33  42  52  
News Media115  120  115  
Other7  5  3  
Total Depreciation and amortization$644  $659  $472  
For the fiscal years ended June 30,
202020192018
(in millions)
Capital expenditures:
Digital Real Estate Services$80  $78  $78  
Subscription Video Services199  307  81  
Dow Jones59  66  72  
Book Publishing12  7  17  
News Media76  106  101  
Other12  8  15  
Total Capital expenditures$438  $572  $364  
As of June 30,
20202019
(in millions)
Goodwill and intangible assets, net:
Digital Real Estate Services$1,555  $1,589  
Subscription Video Services1,513  2,595  
Dow Jones1,722  1,736  
Book Publishing748  772  
News Media277  881  
Other—  —  
Total Goodwill and intangible assets, net$5,815  $7,573  
Reconciliation of Assets from Segments to Consolidated
As of June 30,
20202019
(in millions)
Total assets:
Digital Real Estate Services$2,322  $2,229  
Subscription Video Services3,459  4,406  
Dow Jones2,480  2,474  
Book Publishing2,212  2,074  
News Media1,994  3,008  
Other(a)
1,497  1,185  
Investments297  335  
Total assets$14,261  $15,711  
________________________
(a)The Other segment primarily includes Cash and cash equivalents.
Revenue and Long-Lived Assets by Geographic Region
Geographic Segments
For the fiscal years ended June 30,
202020192018
(in millions)
Revenues:(a)
U.S. and Canada(b)
$3,763  $4,044  $3,998  
Europe(c)
1,502  1,664  1,766  
Australasia and Other(d)
3,743  4,366  3,260  
Total Revenues
$9,008  $10,074  $9,024  
________________________
(a)Revenues are attributed to region based on location of customer.
(b)Revenues include approximately $3.7 billion for fiscal 2020, $3.9 billion for fiscal 2019 and $3.9 billion for fiscal 2018 from customers in the U.S.
(c)Revenues include approximately $1.2 billion for fiscal 2020, $1.3 billion for fiscal 2019 and $1.4 billion for fiscal 2018 from customers in the U.K.
(d)Revenues include approximately $3.5 billion for fiscal 2020, $4.0 billion for fiscal 2019 and $2.9 billion for fiscal 2018 from customers in Australia.
As of June 30,
20202019
(in millions)
Long-lived assets:(a)
U.S. and Canada
$1,413  $983  
Europe
805  654  
Australasia and Other
2,138  1,847  
Total long-lived assets
$4,356  $3,484  
________________________
(a)Reflects total assets less current assets, goodwill, intangible assets, investments and deferred income tax assets.