Segment Information (Tables)

12 Months Ended

Jun. 30, 2022

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,
	2022		2021		2020
	(in millions)
Revenues:
Digital Real Estate Services	$	1,741	$	1,393	$	1,065
Subscription Video Services	2,026		2,072		1,884
Dow Jones	2,004		1,702		1,590
Book Publishing	2,191		1,985		1,666
News Media	2,423		2,205		2,801
Other	—		1		2
Total Revenues	$	10,385	$	9,358	$	9,008
Segment EBITDA:
Digital Real Estate Services	$	574	$	514	$	345
Subscription Video Services	360		359		323
Dow Jones	433		332		236
Book Publishing	306		303		214
News Media	217		52		53
Other	(221)		(287)		(158)
Depreciation and amortization	(688)		(680)		(644)
Impairment and restructuring charges	(109)		(168)		(1,830)
Equity losses of affiliates	(13)		(65)		(47)
Interest expense, net	(99)		(53)		(25)
Other, net	52		143		9
Income (loss) before income tax expense	812		450		(1,524)
Income tax expense	(52)		(61)		(21)
Net income (loss)	$	760	$	389	$	(1,545)

Reconciliation of Depreciation and Amortization from Segments to Consolidated

	For the fiscal years ended June 30,
	2022		2021		2020
	(in millions)
Depreciation and amortization:
Digital Real Estate Services	$	112	$	101	$	93
Subscription Video Services	321		332		283
Dow Jones	119		119		113
Book Publishing	49		36		33
News Media	79		84		115
Other	8		8		7
Total Depreciation and amortization	$	688	$	680	$	644

	For the fiscal years ended June 30,
	2022		2021		2020
	(in millions)
Capital expenditures:
Digital Real Estate Services	$	109	$	78	$	80
Subscription Video Services	193		142		199
Dow Jones	77		62		59
Book Publishing	37		16		12
News Media	81		84		76
Other	2		8		12
Total Capital expenditures	$	499	$	390	$	438

	As of June 30,
	2022		2021
	(in millions)
Goodwill and intangible assets, net:
Digital Real Estate Services	$	1,823	$	1,871
Subscription Video Services	1,394		1,612
Dow Jones	3,346		1,995
Book Publishing	973		1,046
News Media	304		308
Other	—		—
Total Goodwill and intangible assets, net	$	7,840	$	6,832

Reconciliation of Assets from Segments to Consolidated

	As of June 30,
	2022		2021
	(in millions)
Total assets:
Digital Real Estate Services	$	2,989	$	3,146
Subscription Video Services	3,082		3,515
Dow Jones	4,368		2,798
Book Publishing	2,651		2,713
News Media	2,115		2,209
Other(a)	1,528		2,039
Investments	488		351
Total assets	$	17,221	$	16,771

________________________

(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,
	2022		2021		2020
	(in millions)
Revenues:(a)
U.S. and Canada(b)	$	4,097	$	3,550	$	3,763
Europe(c)	1,808		1,672		1,502
Australasia and Other(d)	4,480		4,136		3,743
Total Revenues	$	10,385	$	9,358	$	9,008

________________________

(a)Revenues are attributed to region based on location of customer.

(b)Revenues include approximately $4.0 billion for fiscal 2022, $3.5 billion for fiscal 2021 and $3.7 billion for fiscal 2020 from customers in the U.S.

(c)Revenues include approximately $1.4 billion for fiscal 2022, $1.3 billion for fiscal 2021 and $1.2 billion for fiscal 2020 from customers in the U.K.

(d)Revenues include approximately $4.2 billion for fiscal 2022, $3.9 billion for fiscal 2021 and $3.5 billion for fiscal 2020 from customers in Australia.

	As of June 30,
	2022		2021
	(in millions)
Long-lived assets:(a)
U.S. and Canada	$	1,513	$	1,429
Europe	774		887
Australasia and Other	2,091		2,438
Total long-lived assets	$	4,378	$	4,754

________________________

(a)Reflects total assets less current assets, goodwill, intangible assets, investments and deferred income tax assets.