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Additional Financial Information (Tables)
3 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Components of Receivables, Net
Receivables, net consist of:
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 
Components of Other Non-Current Assets
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 assets132 134 
Inventory(a)
241 267 
News America Marketing deferred consideration160 157 
Other381 407 
Total Other non-current assets$1,289 $1,341 
(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, 2023
As of
June 30, 2023
(in millions)
Royalties and commissions payable$242 $206 
Current operating lease liabilities107 112 
Allowance for sales returns149 154 
Current tax payable10 16 
Other367 465 
Total Other current liabilities$875 $953 
Components of Other, Net
The following table sets forth the components of Other, net:
For the three months ended September 30,
20232022
(in millions)
Remeasurement of equity securities$(23)$(3)
Dividends received from equity security investments
Gain on remeasurement of previously-held interest— 
Other(18)(17)
Total Other, net$(35)$(18)
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,
20232022
(in millions)
Cash paid for interest$19 $28 
Cash paid for taxes$25 $40