Revenues (Tables)

3 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Summary of Disaggregated Revenue by Type and Segment

The following tables present the Company’s disaggregated revenues by type and segment for the three months ended September 30, 2020 and 2019:

	For the three months ended September 30, 2020
	Digital Real Estate Services		Subscription Video Services		Dow Jones		Book Publishing		News Media		Total Revenues
	(in millions)
Revenues:
Circulation and subscription	$	8	$	437	$	311	$	—	$	246	$	1,002
Advertising	28		50		70		—		184		332
Consumer	—		—		—		441		—		441
Real estate	235		—		—		—		—		235
Other	19		9		5		17		57		107
Total Revenues	$	290	$	496	$	386	$	458	$	487	$	2,117

	For the three months ended September 30, 2019
	Digital Real Estate Services		Subscription Video Services		Dow Jones		Book Publishing		News Media		Total Revenues
	(in millions)
Revenues:
Circulation and subscription	$	10	$	451	$	289	$	—	$	245	$	995
Advertising	27		51		84		—		446		608
Consumer	—		—		—		387		—		387
Real estate	218		—		—		—		—		218
Other	17		12		9		18		76		132
Total Revenues	$	272	$	514	$	382	$	405	$	767	$	2,340

Summary of Deferred Revenue from Contracts with Customers

The following table presents changes in the deferred revenue balance for the three months ended September 30, 2020 and 2019:

	For the three months ended September 30,
	2020		2019
	(in millions)
Balance, beginning of period	$	398	$	428
Deferral of revenue	707		821
Recognition of deferred revenue(a)	(701)		(794)
Other	5		(7)
Balance, end of period	$	409	$	448

(a)For the three months ended September 30, 2020 and 2019, the Company recognized $257 million and $266 million, respectively, of revenue which was included in the opening deferred revenue balance.