v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Jun. 30, 2024
Current assets:    
Cash and cash equivalents $ 2,403 $ 1,872
Receivables, net 1,562 1,420
Inventory, net 327 266
Other current assets 519 474
Current assets of discontinued operations 0 340
Total current assets 4,811 4,372
Non-current assets:    
Investments 1,016 429
Property, plant and equipment, net 1,331 1,272
Operating lease right-of-use assets 789 805
Intangible assets, net 1,930 1,948
Goodwill 4,373 4,336
Deferred income tax assets, net 254 332
Other non-current assets 1,000 957
Non-current assets of discontinued operations 0 2,233
Total assets 15,504 16,684
Current liabilities:    
Accounts payable 335 254
Accrued expenses 1,036 986
Deferred revenue 498 483
Current borrowings 25 9
Other current liabilities 714 772
Current liabilities of discontinued operations 0 551
Total current liabilities 2,608 3,055
Non-current liabilities:    
Borrowings 1,937 2,093
Retirement benefit obligations 117 125
Deferred income tax liabilities, net 57 21
Operating lease liabilities 904 912
Other non-current liabilities 492 472
Non-current liabilities of discontinued operations 0 995
Commitments and contingencies
Additional paid-in capital 11,058 11,254
Accumulated deficit (747) (1,889)
Accumulated other comprehensive loss (1,543) (1,251)
Total News Corporation stockholders’ equity 8,774 8,120
Noncontrolling interests 615 891
Total equity 9,389 9,011
Total liabilities and equity 15,504 16,684
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, 376,718,696 and 378,670,671 shares issued and outstanding, net of 27,368,413 treasury shares at par, at June 30, 2025 and June 30, 2024, respectively.
[2] Class B common stock, $0.01 par value per share (“Class B Common Stock”), 750,000,000 shares authorized, 188,666,990 and 190,423,250 shares issued and outstanding, net of 78,430,424 treasury shares at par, at June 30, 2025 and June 30, 2024, respectively.