XML 41 R31.htm IDEA: XBRL DOCUMENT v3.22.2.2
Additional Financial Information (Tables)
3 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components of Receivables, Net
Receivables, net consist of:
As of
September 30, 2022
As of
June 30, 2022
(in millions)
Receivables$1,537 $1,569 
Less: allowances(64)(67)
Receivables, net$1,473 $1,502 
Components of Other Non-Current Assets
The following table sets forth the components of Other non-current assets:
As of
September 30, 2022
As of
June 30, 2022
(in millions)
Royalty advances to authors$396 $403 
Retirement benefit assets130 133 
Inventory(a)
241 268 
News America Marketing deferred consideration146 142 
Other444 438 
Total Other non-current assets$1,357 $1,384 
(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, 2022
As of
June 30, 2022
(in millions)
Royalties and commissions payable$246 $215 
Current operating lease liabilities131 139 
Allowance for sales returns158 173 
Current tax payable15 18 
Other399 430 
Total Other current liabilities$949 $975 
Components of Other, Net
The following table sets forth the components of Other, net:
For the three months ended September 30,
20222021
(in millions)
Remeasurement of equity securities$(3)$28 
Dividends received from equity security investments
Gain on sale of businesses(a)
— 107 
Other(17)
Total Other, net$(18)$137 
(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,
20222021
(in millions)
Cash paid for interest$28 $14 
Cash paid for taxes$40 $45