BORROWINGS (Tables)

12 Months Ended

Jun. 30, 2026

Debt Disclosure [Abstract]

Schedule of Borrowings

The Company’s total borrowings consist of the following:

	Interest rate at June 30, 2026		Maturity at June 30, 2026	As of June 30, 2026		As of June 30, 2025
				(in millions)
News Corporation
2026 Term loan A(a)	4.961	%	Mar 27, 2031	499		—
2022 Term loan A(a)	N/A		N/A	—		475
2022 Senior notes	5.125	%	Feb 15, 2032	495		494
2021 Senior notes	3.875	%	May 15, 2029	995		993
Total borrowings				1,989		1,962
Less: current portion(b)				—		(25)
Long-term borrowings				$	1,989	$	1,937

(a)In March 2026, the Company entered into the 2026 Credit Agreement (as defined below). The Company has an interest rate swap derivative as discussed in Note 11—Financial Instruments and Fair Value Measurements. For the three months ended June 30, 2026, the Company was paying interest at an effective interest rate of 3.496%.

(b)The current portion of long term debt as of June 30, 2025 relates to required principal payments on the 2022 Term Loan A.

Scheduled of Debt Maturities Excluding Other Obligations and Debt Issuance Costs

The following table summarizes the Company’s debt maturities, excluding debt issuance costs, as of June 30, 2026:

	As of June 30, 2026
	(in millions)
Fiscal 2027	$	—
Fiscal 2028	16
Fiscal 2029	1,016
Fiscal 2030	25
Fiscal 2031	443
Thereafter	500