Receivables are presented net of allowances, which reflect the Company’s expected credit losses based on historical experience as well as current and expected economic conditions.


	As of September 30, 2021		As of June 30, 2021
	(in millions)
Receivables	$	1,570	$	1,569
Less: allowances	(71)		(71)
Receivables, net	$	1,499	$	1,498

The following table sets forth the components of Other non-current assets:


	As of September 30, 2021		As of June 30, 2021
	(in millions)
Royalty advances to authors	$	385	$	406
Retirement benefit assets	130		120
Inventory(a)	269		279
News America Marketing deferred consideration	131		128
Other	443		514
Total Other non-current assets	$	1,358	$	1,447

(a)Primarily consists of the non-current portion of programming rights.

The following table sets forth the components of Other current liabilities:


	As of September 30, 2021		As of June 30, 2021
	(in millions)
Royalties and commissions payable	$	247	$	206
Current operating lease liabilities	145		143
Allowance for sales returns	186		190
Current tax payable	34		30

Other	411		504
Total Other current liabilities	$	1,023	$	1,073

The following table sets forth the components of Other, net:


	For the three months ended September 30,
		2021		2020
		(in millions)
Remeasurement of equity securities		$	28	$	9
Dividends received from equity security investments		1		2
Gain on sale of businesses(a)		107		—

Other		1		6
Total Other, net		$	137	$	17

(a) During the three months ended September 30, 2021, REA Group acquired an 18% interest in PropertyGuru in exchange for all shares of REA Group’s entities in Malaysia and Thailand. The Company recognized a gain of $107 million on the disposition of such entities.

The following table sets forth the Company’s cash paid for taxes and interest:


	For the three months ended September 30,
	2021		2020
	(in millions)
Cash paid for interest	$	14	$	16
Cash paid for taxes	$	45	$	23