Restructuring Programs

3 Months Ended

Sep. 30, 2022

Restructuring and Related Activities [Abstract]

Restructuring Programs

RESTRUCTURING PROGRAMS

During the three months ended September 30, 2022 and 2021, the Company recorded restructuring charges of $21 million and $22 million, respectively, of which $11 million and $12 million, respectively, related to the News Media segment. The restructuring charges recorded in fiscal 2023 and 2022 primarily related to employee termination benefits.

Changes in restructuring program liabilities were as follows:

	For the three months ended September 30,
	2022						2021
	One time employee termination benefits		Other costs		Total		One time employee termination benefits		Other costs		Total
	(in millions)
Balance, beginning of period	$	25	$	41	$	66	$	51	$	35	$	86
Additions	20		1		21		18		4		22
Payments	(22)		(2)		(24)		(41)		(2)		(43)
Other	(1)		—		(1)		—		—		—
Balance, end of period	$	22	$	40	$	62	$	28	$	37	$	65

As of September 30, 2022, restructuring liabilities of approximately $38 million were included in the Balance Sheet in Other current liabilities and $24 million were included in Other non-current liabilities.