v3.26.1
ADDITIONAL FINANCIAL INFORMATION
 12 Months Ended
Jun. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
ADDITIONAL FINANCIAL INFORMATION
NOTE 21. ADDITIONAL FINANCIAL INFORMATION
Other Non-Current Assets
The following table sets forth the components of Other non-current assets included in the Balance Sheets:
As of June 30,
20262025
(in millions)
Royalty advances to authors$386 $377 
Non-current receivables368 320 
Retirement benefit assets169 165 
News America Marketing deferred consideration(a)
212 — 
Other143 138 
Total Other non-current assets$1,278 $1,000 
(a)The balance of the News America Marketing deferred consideration was reclassified to Other non-current assets during the fiscal year ended June 30, 2026, as the Company has amended the agreement to extend the payment due date.
Other Current Liabilities
The following table sets forth the components of Other current liabilities included in the Balance Sheets:
As of June 30,
20262025
(in millions)
Royalties and commissions payable$215 $202 
Allowance for sales returns126 138 
Current operating lease liabilities86 74 
Other299 300 
Total Other current liabilities$726 $714 
Accumulated Other Comprehensive Loss
The components of Accumulated other comprehensive loss were as follows:
For the fiscal years ended June 30,
202620252024
(in millions)
Accumulated other comprehensive loss, net of tax:
Cash flow hedge adjustments:
Balance, beginning of year
$9 $22 $33 
Fiscal year activity(a)
(4)(13)(11)
Balance, end of year
$5 $9 $22 
Benefit plan adjustments:
Balance, beginning of year
$(327)$(309)$(328)
Fiscal year activity(b)
18 (18)19 
Balance, end of year
$(309)$(327)$(309)
Foreign currency translation adjustments:
Balance, beginning of year
$(1,225)$(964)$(952)
Fiscal year activity(19)(261)(12)
Balance, end of year
$(1,244)$(1,225)$(964)
Total accumulated other comprehensive loss, net of tax:
Balance, beginning of year
$(1,543)$(1,251)$(1,247)
Fiscal year activity, net of income taxes(c)
(5)(292)(4)
Balance, end of year
$(1,548)$(1,543)$(1,251)
(a)Net of income tax expense (benefit) of $(1) million, $(4) million and $(4) million for the fiscal years ended June 30, 2026, 2025 and 2024, respectively.
(b)Net of income tax expense (benefit) of $6 million, $(7) million and $6 million for the fiscal years ended June 30, 2026, 2025 and 2024, respectively.
(c)Excludes $38 million, $(33) million and $(1) million relating to noncontrolling interests for the fiscal years ended June 30, 2026, 2025 and 2024, respectively.
Other, net
The following table sets forth the components of Other, net included in the Statements of Operations:
For the fiscal years ended June 30,
202620252024
(in millions)
Remeasurement of equity securities$(20)$21 $(13)
Gain on sale of investment in PropertyGuru
— 87 — 
Other16 3 (46)
Total Other, net$(4)$111 $(59)
Supplemental Cash Flow Information
The following table sets forth the Company’s gross cash paid for interest and taxes:
For the fiscal years ended June 30,
202620252024
(in millions)
Cash paid for interest
$90 $93 $97 
Cash paid for taxes
274 208 156