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Segment Information (Tables)
 12 Months Ended
Jun. 30, 2021
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,
202120202019
(in millions)
Revenues:
Digital Real Estate Services$1,393 $1,065 $1,159 
Subscription Video Services2,072 1,884 2,202 
Dow Jones1,702 1,590 1,549 
Book Publishing1,985 1,666 1,754 
News Media2,205 2,801 3,407 
Other1 2 3 
Total Revenues
$9,358 $9,008 $10,074 
Segment EBITDA:
Digital Real Estate Services$514 $345 $378 
Subscription Video Services359 323 379 
Dow Jones332 236 208 
Book Publishing303 214 252 
News Media52 53 182 
Other(287)(158)(155)
Depreciation and amortization(680)(644)(659)
Impairment and restructuring charges
(168)(1,830)(188)
Equity losses of affiliates
(65)(47)(17)
Interest expense, net(53)(25)(59)
Other, net
143 9 33 
Income (loss) before income tax expense450 (1,524)354 
Income tax expense(61)(21)(126)
Net income (loss)$389 $(1,545)$228 
Reconciliation of Depreciation and Amortization from Segments to Consolidated
For the fiscal years ended June 30,
202120202019
(in millions)
Depreciation and amortization:
Digital Real Estate Services$101 $93 $97 
Subscription Video Services332 283 292 
Dow Jones119 113 103 
Book Publishing36 33 42 
News Media84 115 120 
Other8 7 5 
Total Depreciation and amortization$680 $644 $659 
For the fiscal years ended June 30,
202120202019
(in millions)
Capital expenditures:
Digital Real Estate Services$78 $80 $78 
Subscription Video Services142 199 307 
Dow Jones62 59 66 
Book Publishing16 12 7 
News Media84 76 106 
Other8 12 8 
Total Capital expenditures$390 $438 $572 
As of June 30,
20212020
(in millions)
Goodwill and intangible assets, net:
Digital Real Estate Services$1,871 $1,555 
Subscription Video Services1,612 1,513 
Dow Jones1,995 1,722 
Book Publishing1,046 748 
News Media308 277 
Other— — 
Total Goodwill and intangible assets, net$6,832 $5,815 
Reconciliation of Assets from Segments to Consolidated
As of June 30,
20212020
(in millions)
Total assets:
Digital Real Estate Services$3,146 $2,322 
Subscription Video Services3,515 3,459 
Dow Jones2,798 2,480 
Book Publishing2,713 2,212 
News Media2,209 1,994 
Other(a)
2,039 1,497 
Investments351 297 
Total assets$16,771 $14,261 
________________________
(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,
202120202019
(in millions)
Revenues:(a)
U.S. and Canada(b)
$3,550 $3,763 $4,044 
Europe(c)
1,672 1,502 1,664 
Australasia and Other(d)
4,136 3,743 4,366 
Total Revenues
$9,358 $9,008 $10,074 
________________________
(a)Revenues are attributed to region based on location of customer.
(b)Revenues include approximately $3.5 billion for fiscal 2021, $3.7 billion for fiscal 2020 and $3.9 billion for fiscal 2019 from customers in the U.S.
(c)Revenues include approximately $1.3 billion for fiscal 2021, $1.2 billion for fiscal 2020 and $1.3 billion for fiscal 2019 from customers in the U.K.
(d)Revenues include approximately $3.9 billion for fiscal 2021, $3.5 billion for fiscal 2020 and $4.0 billion for fiscal 2019 from customers in Australia.
As of June 30,
20212020
(in millions)
Long-lived assets:(a)
U.S. and Canada$1,429 $1,413 
Europe887 805 
Australasia and Other2,438 2,138 
Total long-lived assets
$4,754 $4,356 
________________________
(a)Reflects total assets less current assets, goodwill, intangible assets, investments and deferred income tax assets.