CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Sep. 30, 2026	Jun. 30, 2026
Current assets:
Cash and cash equivalents		$ 1,777	$ 2,095
Receivables, net		1,863	1,757
Inventory, net		332	302
Other current assets		321	328
Total current assets		4,293	4,482
Non-current assets:
Investments		1,048	1,002
Property, plant and equipment, net		1,411	1,398
Operating lease right-of-use assets		755	754
Intangible assets, net		1,815	1,837
Goodwill		4,558	4,542
Deferred income tax assets, net		251	251
Other non-current assets		1,305	1,278
Total assets		15,436	15,544
Current liabilities:
Accounts payable		434	412
Accrued expenses		941	1,080
Deferred revenue		546	543
Current borrowings		3	0
Other current liabilities		722	726
Total current liabilities		2,646	2,761
Non-current liabilities:
Borrowings		2,009	1,989
Retirement benefit obligations		100	97
Deferred income tax liabilities, net		109	108
Operating lease liabilities		836	840
Other non-current liabilities		519	513
Commitments and contingencies
Additional paid-in capital		10,194	10,380
Accumulated deficit		(199)	(312)
Accumulated other comprehensive loss		(1,512)	(1,548)
Total News Corporation stockholders’ equity		8,489	8,526
Noncontrolling interests		728	710
Total equity		9,217	9,236
Total liabilities and equity		15,436	15,544
Class A Common Stock, par value $0.01 per share
Non-current liabilities:
Common stock	[1]	4	4
Class B Common Stock, par value $0.01 per share
Non-current liabilities:
Common stock	[2]	$ 2	$ 2

[1] Class A common stock, $0.01 par value per share (“Class A Common Stock”), 1,500,000,000 shares authorized, 359,724,495 and 362,139,890 shares issued and outstanding, net of 27,368,413 treasury shares at par, at September 30, 2026 and June 30, 2026, respectively.

[2] Class B common stock, $0.01 par value per share (“Class B Common Stock”), 750,000,000 shares authorized, 179,564,279 and 181,281,012 shares issued and outstanding, net of 78,430,424 treasury shares at par, at September 30, 2026 and June 30, 2026, respectively.