Receivables are presented net of allowances, which reflect the Company’s expected credit losses based on historical experience as well as current and expected economic conditions.


	As of September 30, 2023		As of June 30, 2023
	(in millions)
Receivables	$	1,621	$	1,482
Less: allowances	(62)		(57)
Receivables, net	$	1,559	$	1,425

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


	As of September 30, 2023		As of June 30, 2023
	(in millions)
Royalty advances to authors	$	375	$	376
Retirement benefit assets	132		134
Inventory(a)	241		267
News America Marketing deferred consideration	160		157
Other	381		407
Total Other non-current assets	$	1,289	$	1,341

(a)Primarily consists of the non-current portion of programming rights.

The following table sets forth the components of Other current liabilities:


	As of September 30, 2023		As of June 30, 2023
	(in millions)
Royalties and commissions payable	$	242	$	206
Current operating lease liabilities	107		112
Allowance for sales returns	149		154
Current tax payable	10		16

Other	367		465
Total Other current liabilities	$	875	$	953

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


	For the three months ended September 30,
		2023		2022
		(in millions)
Remeasurement of equity securities		$	(23)	$	(3)
Dividends received from equity security investments		2		2

Gain on remeasurement of previously-held interest		4		—
Other		(18)		(17)
Total Other, net		$	(35)	$	(18)

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


	For the three months ended September 30,
	2023		2022
	(in millions)
Cash paid for interest	$	19	$	28
Cash paid for taxes	$	25	$	40