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Borrowings (Tables)
 12 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Borrowings
The Company’s total borrowings consist of the following:
Interest rate at June 30,
2022		Maturity at June 30,
2022		As of June 30, 2022As of June 30, 2021
(in millions)
News Corporation
2022 Term loan A3.529 %Mar 31, 2027500 — 
2022 Senior notes5.125 %Feb 15, 2032492 — 
2021 Senior notes3.875 %May 15, 2029987 985 
Foxtel Group (a)
2019 Credit facility (b)
4.11 %May 31, 202468 232 
2019 Term loan facility6.25 %Nov 22, 2024171 190 
2017 Working capital facility (b)
4.11 %May 31, 2024— — 
Telstra facility8.16 %Dec 22, 202790 60 
2012 US private placement—USD portion—tranche 2 (c)
4.27 %Jul 25, 2022198 202 
2012 US private placement—USD portion—tranche 3 (c)
4.42 %Jul 25, 2024147 152 
2012 US private placement—AUD portion7.04 %Jul 25, 202268 78 
REA Group (a)
2022 Credit facility - tranche 1 (d)
2.79 %Sep 16, 2024273 — 
2022 Credit facility - tranche 2 (d)
2.94 %Sep 16, 20258 — 
2021 Bridge facility — %Jul 31, 2022— 314 
Finance lease liabilitySee Note 1067 100 
Total borrowings3,069 2,313 
Less: current portion (e)
(293)(28)
Long-term borrowings
2,776 2,285 
________________________
(a)These borrowings were incurred by certain subsidiaries of NXE Australia Pty Limited (the “Foxtel Group” and together with such subsidiaries, the “Foxtel Debt Group”) and REA Group and certain of its subsidiaries (REA Group and certain of its subsidiaries, the “REA Debt Group”), consolidated but non wholly-owned subsidiaries of News Corp, and are only guaranteed by the Foxtel Group and REA Group and their respective subsidiaries, as applicable, and are non-recourse to News Corp.
(b)As of June 30, 2022, the Foxtel Debt Group had total undrawn commitments of A$539 million available under these facilities.
(c)The carrying values of the borrowings include any fair value adjustments related to the Company’s fair value hedges. See Note 11—Financial Instruments and Fair Value Measurements.
(d)As of June 30, 2022, REA Group had total undrawn commitments of A$187 million available under this facility.
(e)The Company classifies the current portion of long term debt as non-current liabilities on the Balance Sheets when it has the intent and ability to refinance the obligation on a long-term basis, in accordance with ASC 470-50 “Debt.” $27 million and $28 million relates to the current portion of finance lease liabilities as of June 30, 2022 and 2021, respectively.
Scheduled of Debt Maturities Excluding Other Obligations and Debt Issuance Costs
The following table summarizes the Company’s debt maturities, excluding debt issuance costs and finance lease liabilities, as of June 30, 2022:
As of June 30, 2022
(in millions)
Fiscal 2023$271 
Fiscal 202481 
Fiscal 2025602 
Fiscal 202633 
Fiscal 2027450 
Thereafter
1,590