Additional Financial Information (Tables)

6 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Components of Receivables, Net

Receivables, net consist of:

	As of December 31, 2021		As of June 30, 2021
	(in millions)
Receivables	$	1,738	$	1,569
Less: allowances	(73)		(71)
Receivables, net	$	1,665	$	1,498

Components of Other Non-Current Assets

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

	As of December 31, 2021		As of June 30, 2021
	(in millions)
Royalty advances to authors	$	398	$	406
Retirement benefit assets	134		120
Inventory(a)	262		279
News America Marketing deferred consideration	135		128
Other	456		514
Total Other non-current assets	$	1,385	$	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 December 31, 2021		As of June 30, 2021
	(in millions)
Royalties and commissions payable	$	234	$	206
Current operating lease liabilities	143		143
Allowance for sales returns	210		190
Current tax payable	33		30
Other	380		504
Total Other current liabilities	$	1,000	$	1,073

Components of Other, Net

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

	For the three months ended December 31,				For the six months ended December 31,
	2021		2020		2021		2020
	(in millions)
Remeasurement of equity securities	$	(9)	$	37	$	19	$	46
Dividends received from equity security investments	9		1		10		3
(Loss) gain on sale of businesses(a)	(9)		—		98		—
Gain on remeasurement of previously-held interest(b)	3		7		3		7
Other	(1)		9		—		15
Total Other, net	$	(7)	$	54	$	130	$	71

(a)     During the six months ended December 31, 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.

(b)     Relates to the acquisition of Elara in the three and six months ended December 31, 2020.

Summary of Supplemental Cash Flow Information

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

	For the six months ended December 31,
	2021		2020
	(in millions)
Cash paid for interest	$	49	$	28
Cash paid for taxes	$	92	$	98