CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Sep. 30, 2023	Jun. 30, 2023
Current assets:
Cash and cash equivalents		$ 1,529	$ 1,833
Receivables, net		1,559	1,425
Inventory, net		378	311
Other current assets		503	484
Total current assets		3,969	4,053
Non-current assets:
Investments		391	427
Property, plant and equipment, net		1,947	2,042
Operating lease right-of-use assets		998	1,036
Intangible assets, net		2,417	2,489
Goodwill		5,104	5,140
Deferred income tax assets		360	393
Other non-current assets		1,289	1,341
Total assets		16,475	16,921
Current liabilities:
Accounts payable		324	440
Accrued expenses		1,153	1,123
Deferred revenue		624	622
Current borrowings		61	27
Other current liabilities		875	953
Total current liabilities		3,037	3,165
Non-current liabilities:
Borrowings		2,909	2,940
Retirement benefit obligations		134	134
Deferred income tax liabilities		147	163
Operating lease liabilities		1,081	1,128
Other non-current liabilities		431	446
Commitments and contingencies
Additional paid-in capital		11,347	11,449
Accumulated deficit		(2,114)	(2,144)
Accumulated other comprehensive loss		(1,347)	(1,247)
Total News Corporation stockholders’ equity		7,892	8,064
Noncontrolling interests		844	881
Total equity		8,736	8,945
Total liabilities and equity		16,475	16,921
Class A Common Stock
Non-current liabilities:
Common stock	[1]	4	4
Class B Common Stock
Non-current liabilities:
Common stock	[2]	$ 2	$ 2

[1] Class A common stock, $0.01 par value per share (“Class A Common Stock”), 1,500,000,000 shares authorized, 381,060,393 and 379,945,907 shares issued and outstanding, net of 27,368,413 treasury shares at par, at September 30, 2023 and June 30, 2023, respectively.

[2] Class B common stock, $0.01 par value per share (“Class B Common Stock”), 750,000,000 shares authorized, 191,564,740 and 192,013,909 shares issued and outstanding, net of 78,430,424 treasury shares at par, at September 30, 2023 and June 30, 2023, respectively.