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.


	As of September 30, 2026		As of June 30, 2026
	(in millions)
Receivables	$	1,910	$	1,807
Less: allowances	(47)		(50)
Receivables, net	$	1,863	$	1,757

The following table sets forth the components of Other non-current assets:


	As of September 30, 2026		As of June 30, 2026
	(in millions)
Royalty advances to authors	$	383	$	386
Non-current receivables	605		580
Retirement benefit assets	173		169
Other	144		143
Total Other non-current assets	$	1,305	$	1,278

The following table sets forth the components of Other current liabilities:


	As of September 30, 2026		As of June 30, 2026
	(in millions)
Royalties and commissions payable	$	254	$	215
Allowance for sales returns	126		126
Current operating lease liabilities	86		86



Other	256		299
Total Other current liabilities	$	722	$	726

The following table sets forth the components of Other, net:


	For the three months ended September 30,
	2026		2025
	(in millions)
Remeasurement of equity securities	$	1	$	(1)

Gain on sale of businesses(a)	37		—


Other	—		5
Total Other, net	$	38	$	4

(a)Primarily relates to the gain on REA Group’s sale of REA India’s remaining business during the three months ended September 30, 2026.

The following table sets forth the Company’s cash paid for interest and taxes:


	For the three months ended September 30,
	2026		2025
	(in millions)
Cash paid for interest	$	19	$	20
Cash paid for taxes	$	77	$	56