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ADDITIONAL FINANCIAL INFORMATION (Tables)
6 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Receivables, Net
Receivables, net consist of:
As of
December 31, 2024
As of
June 30, 2024
(in millions)
Receivables$1,713 $1,478 
Less: allowances(58)(58)
Receivables, net$1,655 $1,420 
Schedule of Other Non-current Assets
The following table sets forth the components of Other non-current assets:
As of
December 31, 2024
As of
June 30, 2024
(in millions)
Royalty advances to authors$361 $375 
Non-current receivables
291 300 
Retirement benefit assets152 147 
Other131 135 
Total Other non-current assets$935 $957 
Schedule of Other Current Liabilities
The following table sets forth the components of Other current liabilities:
As of
December 31, 2024
As of
June 30, 2024
(in millions)
Royalties and commissions payable$241 $215 
Allowance for sales returns152 141 
Current operating lease liabilities84 89 
Other282 327 
Total Other current liabilities$759 $772 
Schedule of Other, Net
The following table sets forth the components of Other, net:
For the three months ended December 31,For the six months ended December 31,
2024202320242023
(in millions)
Remeasurement of equity securities$18 $13 $28 $(10)
Gain on sale of investment in PropertyGuru87 — 87 — 
Other(13)(1)(7)
Total Other, net$92 $21 $114 $(17)
Schedule of Supplemental Cash Flow Information
The following table sets forth the Company’s cash paid for interest and taxes:
For the six months ended December 31,
20242023
(in millions)
Cash paid for interest$41 $21 
Cash paid for taxes$108 $74