XML 69 R53.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Segment Information (Tables)
 12 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated Segment EBITDA provides management, investors and equity analysts with a measure to analyze the operating performance of each of the Company’s business segments and its enterprise value against historical data and competitors’ data, although historical results may not be indicative of future results (as operating performance is highly contingent on many factors, including customer tastes and preferences).
Segment information is summarized as follows:
For the fiscal years ended June 30,
202420232022
(in millions)
Revenues:
Digital Real Estate Services$1,658 $1,539 $1,741 
Subscription Video Services1,917 1,942 2,026 
Dow Jones2,231 2,153 2,004 
Book Publishing2,093 1,979 2,191 
News Media2,186 2,266 2,423 
Other— — — 
Total Revenues
$10,085 $9,879 $10,385 
Segment EBITDA:
Digital Real Estate Services$508 $457 $574 
Subscription Video Services310 347 360 
Dow Jones542 494 433 
Book Publishing269 167 306 
News Media120 156 217 
Other(210)(201)(221)
Depreciation and amortization(734)(714)(688)
Impairment and restructuring charges
(138)(150)(109)
Equity losses of affiliates
(6)(127)(13)
Interest expense, net(85)(100)(99)
Other, net
(30)1 52 
Income before income tax expense546 330 812 
Income tax expense(192)(143)(52)
Net income$354 $187 $760 
Reconciliation of Depreciation and Amortization from Segments to Consolidated
For the fiscal years ended June 30,
202420232022
(in millions)
Depreciation and amortization:
Digital Real Estate Services$137 $123 $112 
Subscription Video Services298 302 321 
Dow Jones153 152 119 
Book Publishing54 49 49 
News Media87 81 79 
Other5 7 8 
Total Depreciation and amortization$734 $714 $688 
For the fiscal years ended June 30,
202420232022
(in millions)
Capital expenditures:
Digital Real Estate Services$131 $130 $109 
Subscription Video Services143 156 193 
Dow Jones100 91 77 
Book Publishing32 42 37 
News Media89 79 81 
Other1 1 2 
Total Capital expenditures$496 $499 $499 
As of June 30,
20242023
(in millions)
Goodwill and intangible assets, net:
Digital Real Estate Services$1,828 $1,779 
Subscription Video Services1,224 1,288 
Dow Jones3,248 3,298 
Book Publishing914 958 
News Media294 306 
Other— — 
Total Goodwill and intangible assets, net$7,508 $7,629 
Reconciliation of Assets from Segments to Consolidated
As of June 30,
20242023
(in millions)
Total assets:
Digital Real Estate Services$3,020 $2,942 
Subscription Video Services2,587 2,812 
Dow Jones4,139 4,305 
Book Publishing2,647 2,629 
News Media2,003 2,023 
Other(a)
1,858 1,783 
Investments430 427 
Total assets$16,684 $16,921 
(a)The Other segment primarily includes Cash and cash equivalents.
Revenue and Long-Lived Assets by Geographic Region
Geographic Segments
For the fiscal years ended June 30,
202420232022
(in millions)
Revenues:(a)
U.S. and Canada(b)
$4,008 $3,967 $4,097 
Europe(c)
1,737 1,669 1,808 
Australasia and Other(d)
4,340 4,243 4,480 
Total Revenues
$10,085 $9,879 $10,385 
(a)Revenues are attributed to region based on location of customer.
(b)Revenues include approximately $3.9 billion for fiscal 2024, $3.8 billion for fiscal 2023 and $4.0 billion for fiscal 2022 from customers in the U.S.
(c)Revenues include approximately $1.3 billion for fiscal 2024, $1.2 billion for fiscal 2023 and $1.4 billion for fiscal 2022 from customers in the U.K.
(d)Australasia comprises Australia, Asia, Papua New Guinea and New Zealand. Revenues include approximately $4.0 billion for fiscal 2024, $3.9 billion for fiscal 2023 and $4.2 billion for fiscal 2022 from customers in Australia.
As of June 30,
20242023
(in millions)
Long-lived assets:(a)
U.S. and Canada$1,414 $1,623 
Europe858 843 
Australasia and Other1,770 1,953 
Total long-lived assets
$4,042 $4,419 
(a)Reflects total assets less current assets, goodwill, intangible assets, investments and deferred income tax assets.