SEGMENT INFORMATION (Tables)

9 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated

Segment information is summarized as follows:

	For the three months ended March 31, 2026
	Dow Jones		Digital Real Estate Services		Book Publishing		News Media		Other		Total
	(in millions)
Segment information:
Revenues	$	619	$	473	$	555	$	538	$	—	$	2,185
Significant segment expenses:
Operating expenses	(244)		(46)		(366)		(296)		—		(952)
Selling, general and administrative	(228)		(272)		(116)		(227)		(47)		(890)
Segment EBITDA	$	147	$	155	$	73	$	15	$	(47)	$	343
Depreciation and amortization											(122)
Impairment and restructuring charges											(18)
Equity losses of affiliates											(1)
Interest income, net											5
Other, net											(18)
Income before income tax expense from continuing operations											189
Income tax expense from continuing operations											(68)
Net income from continuing operations											121
Net income from discontinued operations, net of tax											—
Net income											$	121

	For the three months ended March 31, 2025
	Dow Jones		Digital Real Estate Services		Book Publishing		News Media		Other		Total
	(in millions)
Segment information:
Revenues	$	575	$	406	$	514	$	514	$	—	$	2,009
Significant segment expenses:
Operating expenses	(234)		(46)		(349)		(275)		—		(904)
Selling, general and administrative	(209)		(236)		(101)		(206)		(63)		(815)
Segment EBITDA	$	132	$	124	$	64	$	33	$	(63)	$	290
Depreciation and amortization											(114)
Impairment and restructuring charges											(13)
Equity losses of affiliates											—
Interest income, net											1
Other, net											(13)
Income before income tax expense from continuing operations											151
Income tax expense from continuing operations											(44)
Net income from continuing operations											107
Net income from discontinued operations, net of tax											30
Net income											$	137

	For the nine months ended March 31, 2026
	Dow Jones		Digital Real Estate Services		Book Publishing		News Media		Other		Total
	(in millions)
Segment information:
Revenues	$	1,853	$	1,463	$	1,722	$	1,653	$	—	$	6,691
Significant segment expenses:
Operating expenses	(719)		(147)		(1,152)		(883)		—		(2,901)
Selling, general and administrative	(652)		(797)		(340)		(655)		(142)		(2,586)
Segment EBITDA	$	482	$	519	$	230	$	115	$	(142)	$	1,204
Depreciation and amortization											(357)
Impairment and restructuring charges											(67)
Equity losses of affiliates											(5)
Interest income, net											20
Other, net											(27)
Income before income tax expense from continuing operations											768
Income tax expense from continuing operations											(255)
Net income from continuing operations											513
Net income from discontinued operations, net of tax											—
Net income											$	513

	For the nine months ended March 31, 2025
	Dow Jones		Digital Real Estate Services		Book Publishing		News Media		Other		Total
	(in millions)
Segment information:
Revenues	$	1,727	$	1,336	$	1,655	$	1,625	$	—	$	6,343
Significant segment expenses:
Operating expenses	(713)		(138)		(1,104)		(864)		—		(2,819)
Selling, general and administrative	(577)		(749)		(305)		(636)		(164)		(2,431)
Segment EBITDA	$	437	$	449	$	246	$	125	$	(164)	$	1,093
Depreciation and amortization											(339)
Impairment and restructuring charges											(51)
Equity losses of affiliates											(11)
Interest expense, net											(2)
Other, net											101
Income before income tax expense from continuing operations											791
Income tax expense from continuing operations											(229)
Net income from continuing operations											562
Net income from discontinued operations, net of tax											2
Net income											$	564

	For the three months ended March 31,				For the nine months ended March 31,
	2026		2025		2026		2025
	(in millions)
Depreciation and amortization:
Dow Jones	$	41	$	40	$	122	$	117
Digital Real Estate Services	39		35		114		107
Book Publishing	15		14		44		40
News Media	26		24		74		72
Other	1		1		3		3
Total Depreciation and amortization	$	122	$	114	$	357	$	339

	For the three months ended March 31,				For the nine months ended March 31,
	2026		2025		2026		2025
	(in millions)
Capital expenditures:
Dow Jones	$	26	$	30	$	64	$	68
Digital Real Estate Services	39		39		114		114
Book Publishing	7		2		21		10
News Media	24		21		72		58
Other	4		—		9		—
Total Capital expenditures	$	100	$	92	$	280	$	250

Schedule of Reconciliation of Assets from Segments to Consolidated

	As of March 31, 2026		As of June 30, 2025
	(in millions)
Total assets:
Dow Jones	$	4,137	$	4,134
Digital Real Estate Services	3,412		3,202
Book Publishing	2,834		2,767
News Media	2,133		2,102
Other(a)	2,000		2,283
Investments	1,000		1,016
Total assets	$	15,516	$	15,504

(a)The Other segment primarily includes Cash and cash equivalents.

Schedule of Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated

	As of March 31, 2026		As of June 30, 2025
	(in millions)
Goodwill and intangible assets, net:
Dow Jones	$	3,254	$	3,256
Digital Real Estate Services	1,889		1,798
Book Publishing	913		941
News Media	306		308
Total Goodwill and intangible assets, net	$	6,362	$	6,303