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ADDITIONAL FINANCIAL INFORMATION
 3 Months Ended
Sep. 30, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
ADDITIONAL FINANCIAL INFORMATION
NOTE 13. ADDITIONAL FINANCIAL INFORMATION
Receivables, net
Receivables are presented net of allowances, which reflect the Company’s expected credit losses based on historical experience as well as current and expected economic conditions.
Receivables, net consist of:
As of
September 30, 2025		As of
June 30, 2025
(in millions)
Receivables$1,690 $1,618 
Less: allowances(55)(56)
Receivables, net$1,635 $1,562 
Other Non-Current Assets
The following table sets forth the components of Other non-current assets:
As of
September 30, 2025		As of
June 30, 2025
(in millions)
Royalty advances to authors$376 $377 
Non-current receivables
325 320 
Retirement benefit assets166 165 
News America Marketing deferred consideration(a)
191 — 
Other134 138 
Total Other non-current assets$1,192 $1,000 
(a)The balance of the News America Marketing deferred consideration was reclassified to Other non-current assets during the three months ended September 30, 2025, as the Company has amended the agreement to extend the payment due date.
Other Current Liabilities
The following table sets forth the components of Other current liabilities:
As of
September 30, 2025		As of
June 30, 2025
(in millions)
Royalties and commissions payable$238 $202 
Allowance for sales returns129 138 
Current operating lease liabilities71 74 
Other253 300 
Total Other current liabilities$691 $714 
Other, net
The following table sets forth the components of Other, net:
For the three months ended September 30,
20252024
(in millions)
Remeasurement of equity securities$(1)$10 
Other5 12 
Total Other, net$4 $22 
Supplemental Cash Flow Information
The following table sets forth the Company’s cash paid for interest and taxes:
For the three months ended September 30,
20252024
(in millions)
Cash paid for interest$20 $15 
Cash paid for taxes$56 $48