XML 22 R6.htm IDEA: XBRL DOCUMENT v3.24.2.u1Close
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Jun. 30, 2023
Current assets:    
Cash and cash equivalents $ 1,960 $ 1,833
Receivables, net 1,503 1,425
Inventory, net 296 311
Other current assets 613 484
Total current assets 4,372 4,053
Non-current assets:    
Investments 430 427
Property, plant and equipment, net 1,914 2,042
Operating lease right-of-use assets 958 1,036
Intangible assets, net 2,322 2,489
Goodwill 5,186 5,140
Deferred income tax assets, net 332 393
Other non-current assets 1,170 1,341
Total assets 16,684 16,921 CloseClose
Current liabilities:    
Accounts payable 314 440
Accrued expenses 1,231 1,123
Deferred revenue 551 622
Current borrowings 54 27
Other current liabilities 905 953
Total current liabilities 3,055 3,165
Non-current liabilities:    
Borrowings 2,855 2,940
Retirement benefit obligations 125 134
Deferred income tax liabilities, net 119 163
Operating lease liabilities 1,027 1,128
Other non-current liabilities 492 446
Commitments and contingencies
Additional paid-in capital 11,254 11,449
Accumulated deficit (1,889) (2,144)
Accumulated other comprehensive loss (1,251) (1,247)
Total News Corporation stockholders’ equity 8,120 8,064
Noncontrolling interests 891 881 Close
Total equity 9,011 8,945 CloseClose
Total liabilities and equity 16,684 16,921
Class A Common Stock    
Non-current liabilities:    
Common stock [1] 4 4
Class B Common Stock    
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, 378,670,671 and 379,945,907 shares issued and outstanding, net of 27,368,413 treasury shares at par, at June 30, 2024 and June 30, 2023, respectively.
[2] Class B common stock, $0.01 par value per share (“Class B Common Stock”), 750,000,000 shares authorized, 190,423,250 and 192,013,909 shares issued and outstanding, net of 78,430,424 treasury shares at par, at June 30, 2024 and June 30, 2023, respectively.