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Discontinued Operations and Disposal Groups (Tables)
 12 Months Ended
Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Major Classes of Assets and Liabilities Disposed of
The following table summarizes the assets and liabilities of Foxtel classified to held for sale (in millions):
As of June 30,
20242023
Assets held for sale:
Current assets:
Cash and cash equivalents$88 $72 
Receivables, net83 78 
Inventory, net30 21 
Other current assets139 132 
Total current assets
340 303 
Non-current assets:
Investments1 — 
Property, plant and equipment, net642 761 
Operating lease right-of-use assets153 171 
Intangible assets, net374 429 
Goodwill850 849 
Other non-current assets213 275 
Total non-current assets
2,233 2,485 
Total assets held for sale$2,573 $2,788 
Liabilities held for sale:
Current liabilities:
Accounts payable$60 $148 
Accrued expenses245 203 
Deferred revenue68 68 
Current borrowings45 27 
Other current liabilities133 149 
Total current liabilities
551 595 
Non-current liabilities:
Borrowings762 751 
Deferred income tax liabilities, net98 131 
Operating lease liabilities115 132 
Other non-current liabilities
20 21 
Total non-current liabilities995 1,035 
Total liabilities held for sale$1,546 $1,630 
The following table summarizes the results of operations from the discontinued operations of Foxtel for the fiscal years ended June 30, 2024, 2023 and 2022 (in millions):
For the fiscal year ended June 30, 2024
202420232022
Total Revenues$1,908 $1,928 $2,013 
Operating expenses(1,285)(1,259)(1,280)
Selling, general and administrative(325)(338)(388)
Depreciation and amortization(294)(299)(316)
Impairment and restructuring charges(5)(29)(4)
Interest expense, net(67)(51)(55)
Other, net29 (2)5 
Loss before income tax benefit(39)(50)(25)
Income tax benefit14 9 12 
Net loss(25)(41)(13)
Net loss attributable to noncontrolling interests22 27 17 
Net (loss) income attributable to News Corporation stockholders(3)(14)4