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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 1,778 $ 1,960
Receivables, net 1,698 1,503
Inventory, net 378 296
Other current assets 652 613
Total current assets 4,506 4,372
Non-current assets:    
Investments 458 430
Property, plant and equipment, net 1,919 1,914
Operating lease right-of-use assets 965 958
Intangible assets, net 2,324 2,322
Goodwill 5,258 5,186
Deferred income tax assets, net 323 332
Other non-current assets 1,174 1,170
Total assets 16,927 16,684
Current liabilities:    
Accounts payable 374 314
Accrued expenses 1,213 1,231
Deferred revenue 559 551
Current borrowings 194 54
Other current liabilities 929 905
Total current liabilities 3,269 3,055
Non-current liabilities:    
Borrowings 2,706 2,855
Retirement benefit obligations 130 125
Deferred income tax liabilities, net 112 119
Operating lease liabilities 1,036 1,027
Other non-current liabilities 508 492
Commitments and contingencies
Additional paid-in capital 11,157 11,254
Accumulated deficit (1,779) (1,889)
Accumulated other comprehensive loss (1,131) (1,251)
Total News Corporation stockholders’ equity 8,253 8,120
Noncontrolling interests 913 891
Total equity 9,166 9,011
Total liabilities and equity 16,927 16,684
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, 379,296,926 and 378,670,671 shares issued and outstanding, net of 27,368,413 treasury shares at par, at September 30, 2024 and June 30, 2024, respectively.
[2] Class B common stock, $0.01 par value per share (“Class B Common Stock”), 750,000,000 shares authorized, 189,966,150 and 190,423,250 shares issued and outstanding, net of 78,430,424 treasury shares at par, at September 30, 2024 and June 30, 2024, respectively.