UNAUDITED CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
OPERATING ACTIVITIES
Net income	$ 827	$ 639
Adjustments to reconcile net income to cash (used in) provided by operating activities
Depreciation and amortization	107	94
Amortization of cable distribution investments	14	19
Impairment and restructuring charges	9	0
Equity-based compensation	65	0
Other, net	(287)	200
Deferred income taxes	246	57
Change in operating assets and liabilities, net of acquisitions and dispositions
Receivables and other assets	(640)	(587)
Inventories net of program rights payable	(354)	(168)
Accounts payable and other liabilities	(243)	(218)
Net cash (used in) provided by operating activities	(256)	36
INVESTING ACTIVITIES
Property, plant and equipment	(110)	(88)
Acquisitions, net of cash acquired	(260)	0
Purchase of investments	0	(100)
Other investing activities, net	21	(63)
Net cash used in investing activities	(349)	(251)
FINANCING ACTIVITIES
Net transfers to Twenty-First Century Fox, Inc.	0	(312)
Repurchase of shares	(421)	0
Dividends paid and distributions	(169)	(22)
Other financing activities, net	(48)	0
Net cash used in financing activities	(638)	(334)
Net decrease in cash and cash equivalents	(1,243)	(549)
Cash and cash equivalents, beginning of year	3,234	2,500
Cash and cash equivalents, end of period	$ 1,991	$ 1,951