Additional Financial Information (Tables)

3 Months Ended

Sep. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Components of Receivables, Net

Receivables, net consist of:

	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

Components of Other Non-Current Assets

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.

Components of Other Current Liabilities

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

Components of Other, Net

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.

Summary of Supplemental Cash Flow Information

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