News (NWS) 10-K 12 Aug 16 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2016	Aug. 05, 2016	Dec. 24, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	NWS
Entity Registrant Name	NEWS CORP
Entity Central Index Key	1,564,708
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Public Float	$ 0
Class A Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		380,538,230
Entity Public Float			$ 5,167,774,289
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		199,630,240
Entity Public Float			$ 1,720,467,506

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014
Revenues:
Advertising	$ 3,644		$ 3,835	$ 4,019
Circulation and subscription	2,569		2,608	2,648
Consumer	1,578		1,594	1,374
Other	501		487	445
Total Revenues	8,292		8,524	8,486
Operating expenses	(4,728)		(4,952)	(5,074)
Selling, general and administrative	(2,722)		(2,627)	(2,449)
NAM Group and Zillow settlements, net	(158)		0	0
Depreciation and amortization	(505)		(498)	(552)
Impairment and restructuring charges	(89)		(84)	(94)
Equity earnings of affiliates	30		58	90
Interest, net	43		56	68
Other, net	18		75	(653)
Income (loss) from continuing operations before income tax benefit (expense)	181		552	(178)	[1]
Income tax benefit (expense)	54	[2]	(185)	614	[1]
Income from continuing operations	235		367	436
Income (loss) from discontinued operations, net of tax	15		(445)	(142)
Net income (loss)	250		(78)	294
Less: Net income attributable to noncontrolling interests	(71)		(69)	(55)
Net income (loss) attributable to News Corporation stockholders	$ 179		$ (147)	$ 239
Basic and diluted income (loss) earnings per share:
Income from continuing operations available to News Corporation stockholders per share	$ 0.28		$ 0.51	$ 0.65
Income (loss) from discontinued operations available to News Corporation stockholders per share	0.02		(0.77)	(0.24)
Net income (loss) available to News Corporation stockholders per share	$ 0.30		$ (0.26)	$ 0.41
[1]	See Discussion of Foreign Tax Refund below.
[2]	The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. In addition, a tax benefit of $30 million related to the current year operations of the Digital Education segment was recorded to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. The tax (benefit) expense shown above excludes the tax benefit of the Company's digital education business. The Company will not have a current federal tax expense after accounting for the current federal tax benefits attributed to discontinued operations.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)		$ 250	$ (78)	$ 294
Other comprehensive (loss) income:
Foreign currency translation adjustments		(398)	(1,183)	356
Unrealized holding gains (losses) on securities, net	[1]	1	(5)	22
Benefit plan adjustments, net	[2]	(32)	(29)	(36)
Share of other comprehensive (loss) income from equity affiliates, net	[3]	(16)	1	(1)
Other comprehensive (loss) income		(445)	(1,216)	341
Comprehensive (loss) income		(195)	(1,294)	635
Less: Net income attributable to noncontrolling interests		(71)	(69)	(55)
Less: Other comprehensive loss (income) attributable to noncontrolling interests		1	24	(2)
Comprehensive (loss) income attributable to News Corporation stockholders		$ (265)	$ (1,339)	$ 578
[1]	Net of income tax expense of nil, nil and $14 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.
[2]	Net of income tax (benefit) of ($14) million, ($11) million and ($3) million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.
[3]	Net of income tax (benefit) expense of ($7) million, $1 million and ($1) million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.

Consolidated Statements of Com4

Consolidated Statements of Comprehensive (Loss) Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Unrealized holding (losses) gains on securities, income tax expense	$ 0	$ 0	$ 14
Benefit plan adjustments, income tax expense (benefit)	(14)	(11)	(3)
Share of other comprehensive income from equity affiliates, income tax (benefit) expenses	$ (7)	$ 1	$ (1)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2016	Jun. 30, 2015
Current assets:
Cash and cash equivalents		$ 1,832	$ 1,951
Restricted cash		315	0
Receivables, net		1,229	1,283
Other current assets		513	780
Total current assets		3,889	4,014
Non-current assets:
Investments		2,270	2,379
Property, plant and equipment, net		2,405	2,690
Intangible assets, net		2,207	2,203
Goodwill		3,714	3,063
Deferred income tax assets		602	219	[1]
Other non-current assets		396	467
Total assets		15,483	15,035
Current liabilities:
Accounts payable		217	238
Accrued expenses		1,371	1,125
Deferred revenue		388	346
Other current liabilities		466	401
Total current liabilities		2,442	2,110
Non-current liabilities:
Borrowings		369	0
Retirement benefit obligations		350	305
Deferred income tax liabilities		171	166	[1]
Other non-current liabilities		349	318
Commitments and contingencies
Equity
Additional paid-in capital		12,434	12,433
Retained earnings		150	88
Accumulated other comprehensive (loss) income		(1,026)	(582)
Total News Corporation stockholders' equity		11,564	11,945
Noncontrolling interests		218	171
Total equity		11,782	12,116
Total liabilities and equity		15,483	15,035
Redeemable Preferred Stock [Member]
Non-current liabilities:
Redeemable preferred stock		20	20
Class A Common Stock [Member]
Equity
Common stock	[2]	4	4
Total equity		4	4
Class B Common Stock [Member]
Equity
Common stock	[3]	2	2
Total equity		$ 2	$ 2
[1]	In fiscal year 2016, the Company early-adopted ASU 2015-17, "Balance Sheet Classification of Deferred Taxes", which requires that deferred income tax liabilities and assets be classified as noncurrent in the Consolidated Balance Sheet. As such the requirement under prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheet has been eliminated. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17.
[2]	Class A common stock, $0.01 par value per share ("Class A Common Stock"), 1,500,000,000 shares authorized, 380,490,770 and 381,914,964 shares issued and outstanding, net of 27,368,413 treasury shares at par at June 30, 2016 and June 30, 2015, respectively.
[3]	Class B common stock, $0.01 par value per share ("Class B Common Stock"), 750,000,000 shares authorized, 199,630,240 shares issued and outstanding, net of 78,430,424 treasury shares at par at June 30, 2016 and June 30, 2015, respectively.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2016	Jun. 30, 2015
Common stock, par value	$ 0.01
Common stock, shares authorized	25,000,000
Class A Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,500,000,000	1,500,000,000
Common stock, shares issued, net of treasury stock	380,490,770	381,914,964
Common stock outstanding, net of treasury stock	380,490,770	381,914,964
Common stock, treasury shares	27,368,413	27,368,413
Class B Common Stock [Member]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	750,000,000	750,000,000
Common stock, shares issued, net of treasury stock	199,630,240	199,630,240
Common stock outstanding, net of treasury stock	199,630,240	199,630,240
Common stock, treasury shares	78,430,424	78,430,424

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Operating activities:
Net income (loss)	$ 250	$ (78)	$ 294
Less: Income (loss) from discontinued operations, net of tax	15	(445)	(142)
Income from continuing operations:	235	367	436
Adjustments to reconcile income from continuing operations to cash provided by operating activities:
Depreciation and amortization	505	498	552
Equity earnings of affiliates	(30)	(58)	(90)
Cash distributions received from affiliates	34	138	153
Impairment charges, net of tax	0	0	14
Other, net	(18)	(75)	(68)
Deferred income taxes and taxes payable	(147)	59	109
Change in operating assets and liabilities, net of acquisitions:
Receivables and other assets	22	29	(102)
Inventories, net	35	18	24
Accounts payable and other liabilities	342	34	104
Pension and postretirement benefit plans	(26)	(22)	(103)
Net cash provided by operating activities from continuing operations	952	988	1,029
Investing activities:
Capital expenditures	(256)	(308)	(358)
Changes in restricted cash	(315)	0	0
Acquisitions, net of cash acquired	(520)	(1,190)	(45)
Investments in equity affiliates and other	(51)	(146)	(1)
Other investments	(54)	(224)	(83)
Proceeds from dispositions	42	182	202
Other	30	15	0
Net cash used in investing activities from continuing operations	(1,124)	(1,671)	(285)
Financing activities:
Net transfers from 21st Century Fox and affiliates	0	0	217
Borrowings	342	0	0
Repayment of borrowings acquired in the Move acquisition	0	(129)	0
Repurchase of shares	(41)	(30)	0
Dividends paid	(147)	(30)	(24)
Other, net	(4)	(1)	(4)
Net cash provided by (used in) financing activities from continuing operations	150	(190)	189
Net (decrease) increase in cash and cash equivalents	(22)	(873)	933
Net decrease in cash and cash equivalents from discontinued operations	(61)	(227)	(196)
Cash and cash equivalents, beginning of period	1,951	3,145	2,381
Exchange movement on opening cash balance	(36)	(94)	27
Cash and cash equivalents, end of period	$ 1,832	$ 1,951	$ 3,145

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Millions	Total	Class A Common Stock [Member]	Class B Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	News Corporation Stockholders [Member]	Noncontrolling Interests [Member]
Beginning balance at Jun. 30, 2013	$ 12,676	$ 4	$ 2	$ 12,281		$ 271	$ 12,558	$ 118
Beginning balance, shares at Jun. 30, 2013		379,000,000	200,000,000
Net income(loss)	294				$ 239		239	55
Other comprehensive income(loss)	341					339	339	2
Dividends	(25)				(2)		(2)	(23)
Share repurchases	$ 0
Share repurchases, shares	0
Other	$ 113			109			109	4
Ending balance at Jun. 30, 2014	13,399	$ 4	$ 2	12,390	237	610	13,243	156
Ending balance, shares at Jun. 30, 2014		379,000,000	200,000,000
Net income(loss)	(78)				(147)		(147)	69
Other comprehensive income(loss)	(1,216)					(1,192)	(1,192)	(24)
Dividends	(30)				(2)		(2)	(28)
Share repurchases	$ (32)			(32)			(32)
Share repurchases, shares	(2,100,000)	(2,000,000)
Other	$ 73			75			75	(2)
Other, shares		5,000,000
Ending balance at Jun. 30, 2015	12,116	$ 4	$ 2	12,433	88	(582)	11,945	171
Ending balance, shares at Jun. 30, 2015		381,914,964	199,630,240
Net income(loss)	250				179		179	71
Other comprehensive income(loss)	(445)					(444)	(444)	(1)
Dividends	(147)				(118)		(118)	(29)
Share repurchases	$ (39)			(39)			(39)
Share repurchases, shares	(3,100,000)	(3,000,000)
Other	$ 47			40	1		41	6
Other, shares		1,000,000
Ending balance at Jun. 30, 2016	$ 11,782	$ 4	$ 2	$ 12,434	$ 150	$ (1,026)	$ 11,564	$ 218
Ending balance, shares at Jun. 30, 2016		380,490,770	199,630,240

Description of Business and Bas

Description of Business and Basis of Presentation	12 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Description of Business and Basis of Presentation	NOTE 1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION News Corporation (together with its subsidiaries, “News Corporation,” “News Corp,” the “Company,” “we,” or “us”) is a global diversified media and information services company comprised of businesses across a range of media, including: news and information services, book publishing, digital real estate services, cable network programming in Australia and pay-TV distribution in Australia. During the first quarter of fiscal 2016, management approved a plan to dispose of the Company’s digital education business. As a result of the plan and the discontinuation of further significant business activities in the Digital Education segment, the assets and liabilities of this segment were classified as held for sale and the results of operations have been classified as discontinued operations for all periods presented. Unless indicated otherwise, the information in the notes to the Consolidated Financial Statements relates to the Company’s continuing operations. (See Note 4—Discontinued Operations). Basis of presentation The consolidated financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”). The Company’s financial statements as of and for the fiscal years ended June 30, 2016, 2015 and 2014 are presented on a consolidated basis. The consolidated financial statements are referred to herein as the “Consolidated Financial Statements.” The consolidated statements of operations are referred to herein as the “Statements of Operations.” The consolidated balance sheets are referred to herein as the “Balance Sheets.” The consolidated statements of cash flows are referred to herein as the “Statements of Cash Flows.” The Company’s fiscal year ends on the Sunday closest to June 30. Fiscal 2016, fiscal 2015 and fiscal 2014 included 53, 52 and 52 weeks, respectively. All references to the fiscal years ended June 30, 2016, 2015 and 2014 relate to the fiscal years ended July 3, 2016, June 28, 2015 and June 29, 2014, respectively. For convenience purposes, the Company continues to date its consolidated financial statements as of June 30.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of consolidation The Consolidated Financial Statements include the accounts of all majority-owned and controlled subsidiaries. In addition, the Company evaluates its relationships with other entities to identify whether they are variable interest entities (“VIEs”) as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810-10, “Consolidation” (“ASC 810-10”) and whether the Company is the primary beneficiary. Consolidation is required if both of these criteria are met. All significant intercompany accounts and transactions have been eliminated in consolidation, including the intercompany portion of transactions with equity method investees. Changes in the Company’s ownership interest in a consolidated subsidiary where a controlling financial interest is retained are accounted for as capital transactions. When the Company ceases to have a controlling interest in a consolidated subsidiary the Company will recognize a gain or loss in the Statements of Operations upon deconsolidation. Reclassifications Certain reclassifications have been made to the prior period consolidated financial statements to conform to the current year presentation. The financial results of the Digital Education segment have been recorded as discontinued operations for all periods presented (See Note 4—Discontinued Operations). Use of estimates The preparation of the Company’s Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts that are reported in the Consolidated Financial Statements and accompanying disclosures. Actual results could differ from those estimates. Cash and cash equivalents Cash and cash equivalents consist of cash on hand and other investments that are readily convertible into cash with original maturities of three months or less. The Company’s cash and cash equivalents balance as of June 30, 2016 and 2015 also includes $95 million and $60 million, respectively, which is not readily accessible by the Company as it is held by REA Group Limited (“REA Group”), a majority owned but separately listed public company. REA Group must declare a dividend in order for the Company to have access to its share of REA Group’s cash balance. The Company classifies cash as restricted when the cash is unavailable for use in general operations. The restricted cash balance of $315 million as of June 30, 2016 relates to cash set aside for the Wireless Group Offer (as defined in Note 3) in order to comply with U.K. takeover regulations. (See Note 3—Acquisitions, Disposals and Other Transactions). Concentration of credit risk Cash and cash equivalents are maintained with multiple financial institutions. The Company has deposits held with banks that exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions of reputable credit and, therefore, bear minimal credit risk. Receivables, net Receivables are presented net of an allowance for returns and doubtful accounts, which is an estimate of amounts that may not be collectible. In determining the allowance for returns, management analyzes historical returns, current economic trends and changes in customer demand and acceptance of the Company’s products. Based on this information, management reserves a percentage of each dollar of product sales that provide the customer with the right of return. The allowance for doubtful accounts is estimated based on historical experience, receivable aging, current economic trends and specific identification of certain receivables that are at risk of not being collected. Receivables, net consist of: As of June 30, 2016 2015 (in millions) Receivables $ 1,442 $ 1,503 Allowances for returns and doubtful accounts (213 ) (220 ) Receivables, net $ 1,229 $ 1,283 The Company’s receivables did not represent significant concentrations of credit risk as of June 30, 2016 or June 30, 2015 due to the wide variety of customers, markets and geographic areas to which the Company’s products and services are sold. Inventories Inventories are valued at the lower of cost or market. Cost is determined by the weighted average cost method. The Company records a reserve for excess and obsolete inventory based upon a calculation using the historical usage rates, sales patterns of its products and specifically identified obsolete inventory. Inventory is included within Other current assets on the Balance Sheets. Prepublication costs The Company capitalizes the art, prepress, outside editorial, digital conversion and other costs incurred in the creation of the master copy of a book or other media (the “prepublication costs”). Prepublication costs are amortized from the year of publication over their estimated useful lives, using the straight-line method for capitalized costs with an estimated useful life of one year or less and sum of the years’ digits for capitalized costs exceeding one year. The Company regularly reviews the recoverability of the capitalized costs based on expected future revenues. Prepublications costs are included in Other current assets on the Balance Sheets and were $33 million and $34 million as of June 30, 2016 and 2015, respectively. Amortization of prepublication costs for the fiscal years ended June 30, 2016, 2015 and 2014 was $43 million, $43 million and $37 million, respectively. Investments The Company makes investments in various businesses in the normal course of business. The Company evaluates its relationships with other entities to identify whether they are VIEs in accordance with ASC 810-10. In determining whether the Company is the primary beneficiary of a VIE, it assesses whether it has the power to direct matters that most significantly impact the activities of the VIE and has the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company would consolidate any investments in which it was determined to be the primary beneficiary of a VIE. Investments in and advances to equity investments or joint ventures in which the Company has significant influence, but is not the primary beneficiary, and has less than a controlling voting interest, are accounted for using the equity method. Significant influence is generally presumed to exist when the Company owns an interest between 20% and 50% or when the Company has the ability to exercise significant influence. Under the equity method of accounting, the Company includes its investment and amounts due to and from its equity method investments in its Balance Sheets. The Company’s Statements of Operations include the Company’s share of the investees’ earnings (losses) and the Company’s Statements of Cash Flows include all cash received from or paid to the investee. The difference between the Company’s investment and its share of the fair value of the underlying net assets of the investee upon acquisition is first allocated to either finite-lived intangibles or indefinite-lived intangibles and the balance is attributed to goodwill. The Company follows ASC 350, “Intangibles—Goodwill and Other” (“ASC 350”), which requires that equity method finite-lived intangibles be amortized over their estimated useful life. Such amortization is reflected in Equity earnings of affiliates in the Statements of Operations. Indefinite-lived intangibles and goodwill are not amortized. Investments in which the Company has no significant influence (generally less than a 20% ownership interest) or does not have the ability to exercise significant influence are designated as available-for-sale investments if readily determinable market values are available. The Company reports available-for-sale investments at fair value based on quoted market prices. Unrealized gains and losses on available-for-sale investments are included in Accumulated other comprehensive (loss) income, net of applicable taxes and other adjustments, until the investment is sold or considered impaired. If an investment’s fair value is not readily determinable, the Company accounts for its investment at cost. Property, plant and equipment Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is provided using the straight-line method over an estimated useful life of 3 to 50 years. Leasehold improvements are amortized using the straight-line method over the shorter of their useful lives or the life of the lease. Costs associated with the repair and maintenance of property, plant and equipment are expensed as incurred. Changes in circumstances, such as technological advances or changes to the Company’s business model or capital strategy, could result in the actual useful lives differing from the Company’s estimates. In those cases where the Company determines that the useful life of buildings and equipment should be shortened, the Company would depreciate the asset over its revised remaining useful life, thereby increasing depreciation expense. Operating Leases For operating leases, minimum lease payments, including minimum scheduled rent increases, are recognized as rent expense on a straight-line basis over the applicable lease terms. The term used for straight-line rent expense is calculated initially from the date that the Company obtains possession of the leased premises through the expected lease termination date. Capitalized software In accordance with ASC 350—40 “Internal-use Software,” the Company capitalizes certain costs incurred in connection with developing or obtaining internal use software. Costs incurred in the preliminary project stage are expensed. All direct costs incurred to develop internal use software during the development stage are capitalized and amortized using the straight-line method over the estimated useful life, generally 2 to 10 years. Costs such as maintenance and training are expensed as incurred. Research and development costs are expensed as incurred. Royalty advances to authors Royalty advances are initially capitalized and subsequently expensed as related revenues are earned or when the Company determines future recovery is not probable. The Company has a long history of providing authors with royalty advances, and it tracks each advance earned with respect to the sale of the related publication. Historically, the longer the unearned portion of the advance remains outstanding, the less likely it is that the Company will recover the advance through the sale of the publication. The Company applies this historical experience to its existing outstanding royalty advances to estimate the likelihood of recovery and a provision is established to write-off the unearned advance, usually between 6 and 12 months after publication. Additionally, the Company reviews its portfolio of unpublished royalty advances to determine if individual royalty advances are not recoverable for discrete reasons, such as the death of an author prior to completion of a title or titles, a Company decision to not publish a title, poor market demand or other relevant factors that could impact recoverability. Based on this information, the portion of any advance that the Company believes is not recoverable is expensed. Goodwill and intangible assets The Company has intangible assets, including goodwill, newspaper mastheads, trademarks, distribution networks, publishing rights and copyrighted products. Goodwill is recorded as the difference between the cost of acquiring entities and amounts assigned to their tangible and identifiable intangible net assets. In accordance with ASC 350, the Company’s goodwill and indefinite-lived intangible assets are tested annually during the fourth quarter for impairment or earlier if events occur or circumstances change that would more likely than not reduce the fair values below their carrying amounts. Intangible assets with finite lives are amortized over their estimated useful lives. The impairment assessment of indefinite-lived intangibles compares the fair value of these intangible assets to their carrying value. Goodwill is reviewed for impairment at a reporting unit level. Reporting units are determined based on an evaluation of the Company’s operating segments and the components making up those operating segments. For purposes of goodwill impairment review, the Company has identified Dow Jones, the Australian newspapers, the U.K. newspapers, News America Marketing, Storyful Limited (“Storyful”), FOX SPORTS Australia, HarperCollins, REA Group, Move, Inc. (“Move”), Unruly Holdings Limited (“Unruly”) and DIAKRIT International Limited (“DIAKRIT”), as its reporting units. In assessing goodwill for impairment, the Company has the option to first perform a qualitative assessment to determine whether events or circumstances exist that lead to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company determines that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company is not required to perform any additional tests in assessing goodwill for impairment. However, if the Company concludes otherwise or elects not to perform the qualitative assessment, then it is required to perform the first step of a two-step impairment review process. The first step of the two-step impairment process is to compare the fair value of a reporting unit with its carrying amount, including goodwill. In performing the first step, the Company determines the fair value of a reporting unit primarily by using a discounted cash flow analysis and market-based valuation approach methodologies. Determining fair value requires the exercise of significant judgments, including judgments about appropriate discount rates, long-term growth rates, relevant comparable company earnings multiples and the amount and timing of expected future cash flows. The cash flows employed in the analyses are based on the Company’s estimated outlook and various growth rates are assumed for years beyond the long-term business plan period. Discount rate assumptions are based on an assessment of the risk inherent in the future cash flows of the respective reporting units. In assessing the reasonableness of its determined fair values, the Company evaluates its results against other value indicators, such as comparable public company trading values. If the fair value of a reporting unit exceeds its carrying amount, the goodwill of the reporting unit is not impaired and the second step of the impairment review is not necessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment review is required to be performed to estimate the implied fair value of the reporting unit’s goodwill. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. That is, the estimated fair value of the reporting unit is allocated to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the estimated fair value of the reporting unit was the purchase price paid. The implied fair value of the reporting unit’s goodwill is compared with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. The Company also performs impairment reviews on its indefinite-lived intangible assets, including distribution networks, newspaper mastheads, trademarks, and imprints. Newspaper mastheads and book publishing imprints are reviewed on an aggregated basis in accordance with ASC 350. Distribution networks and trademarks are reviewed individually. In assessing its indefinite-lived intangible assets for impairment, the Company has the option to first perform a qualitative assessment to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of the indefinite-lived intangible asset is less than its carrying amount. If the Company determines that it is not more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount, the Company is not required to perform any additional tests in assessing the assets for impairment. However, if the Company concludes otherwise or elects not to perform the qualitative assessment, then it is required to perform a quantitative analysis to determine if the fair value of the indefinite-lived intangible asset is less than its carrying value. The methods used to estimate the fair value measurements of impaired goodwill and indefinite-lived intangible assets include those based on the income approach (including the discounted cash flow and relief-from-royalty methods) and those based on the market approach (primarily the guideline public company method). The resulting fair value measurements of the assets are considered to be Level 3 measurements. Significant unobservable inputs utilized in the income approach valuation methods are discount rates, long-term growth rates and royalty rates. Significant unobservable inputs utilized in the market approach valuation methods are EBITDA multiples from guideline public companies operating in similar industries and a control premium. When a business within a reporting unit is disposed of, goodwill is allocated to the disposed business using the relative fair value method. Asset impairments Investments Equity method investments are regularly reviewed to determine whether a significant event or change in circumstances has occurred that may impact the fair value of each investment. If the fair value of the investment has dropped below the carrying amount, management considers several factors when determining whether an other-than-temporary decline in market value has occurred, including the length of time and extent to which the market value has been below cost, the financial condition and near-term prospects of the issuer, the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in market value and other factors influencing the fair market value, such as general market conditions. The Company regularly reviews available-for-sale investment securities for other-than-temporary impairment based on criteria that include the extent to which the investment’s carrying value exceeds its related market value, the duration of the market decline, the Company’s ability to hold until recovery and the financial strength and specific prospects of the issuer of the security. The Company regularly reviews investments accounted for at cost for other-than-temporary impairment based on criteria that include the extent to which the investment’s carrying value exceeds its related estimated fair value, the duration of the estimated fair value decline, the Company’s ability to hold until recovery and the financial strength and specific prospects of the issuer of the security. Long-lived assets ASC 360, “Property, Plant, and Equipment,” (“ASC 360”) and ASC 350 require that the Company periodically review the carrying amounts of its long-lived assets, including property, plant and equipment and finite-lived intangible assets, to determine whether current events or circumstances indicate that such carrying amounts may not be recoverable. If the carrying amount of the asset is greater than the expected undiscounted cash flows to be generated by such asset, an impairment adjustment is recognized if the carrying value of such asset exceeds its fair value. The Company generally measures fair value by considering sale prices for similar assets or by discounting estimated future cash flows using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of assets, accordingly, actual results could vary significantly from such estimates. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less their costs to sell. Revenue recognition Revenue is recognized when persuasive evidence of an arrangement exists, the fees are fixed or determinable, the product or service has been delivered and collectability is reasonably assured. The Company considers the terms of each arrangement to determine the appropriate accounting treatment. News and Information Services Advertising revenues are recognized in the period when advertising is printed or placed on digital platforms, net of commissions and provisions for estimated sales incentives including rebates, rate adjustments and discounts. Advertising revenues from integrated marketing services are recognized when free-standing inserts are published or over the time period in which in-store marketing services are performed. Billings to clients and payments received in advance of the performance of services or delivery of products are recorded as deferred revenue until the services are performed or the product is delivered. Circulation and information services revenues include single-copy and subscription revenues. Circulation revenues are based on the number of copies of the printed newspaper (through home-delivery subscriptions and single-copy sales) and digital subscriptions sold and the rates charged to the respective customers. Single-copy revenue is recognized based on date of publication, net of provisions for related returns. Proceeds from print, digital and electronic information services subscription revenues are deferred at the time of sale and are recognized in earnings on a pro rata basis over the terms of the subscriptions. Other revenues are recognized when the related services are performed or the product has been delivered. Book Publishing Revenue from the sale of books for distribution in the retail channel is primarily recognized upon passing of control to the buyer. Revenue for electronic books (“e-books”), which is the net amount received from the retailer, is generally recognized upon electronic delivery to the customer by the retailer. Revenue is reported net of any amounts billed to customers for taxes which are remitted to government authorities. Digital Real Estate Services Advertising revenues from providing online real estate advertising services are recognized on the fulfillment of customer service obligations, which may include product performance and/or product service periods. Subscription revenues from licensing and advanced reporting products are typically recognized ratably over the service period of the related subscription. Cable Network Programming Affiliate fees received from cable television systems, direct broadcast satellite operators and other distribution systems are recognized as revenue in the period that services are provided. Advertising revenues are recognized, net of agency commissions, in the period that the advertisements are aired. Multiple element arrangements Revenues derived from a single sales contract that contains multiple products and services are allocated based on the relative fair value of each item to be delivered and recognized in accordance with the applicable revenue recognition criteria for the specific unit of accounting. Gross versus net revenue recognition In the normal course of business, the Company acts as or uses an intermediary or agent in executing transactions with third parties. In connection with these arrangements, the Company must determine whether to report revenue based on the gross amount billed to the ultimate customer or on the net amount received from the customer after commissions and other payments to third parties. The determination of whether revenue should be reported on a gross or net basis is based on an assessment of whether the Company is acting as the principal or an agent in the transaction. If the Company is acting as a principal in a transaction, the Company reports revenue on a gross basis. If the Company is acting as an agent in a transaction, the Company reports revenue on a net basis. The determination of whether the Company is acting as a principal or an agent in a transaction involves judgment and is based on an evaluation of the terms of the arrangement. The Company serves as the principal in transactions in which it has substantial risks and rewards of ownership. Barter transactions The Company enters into transactions that involve the exchange of advertising, in part, for other products and services, which are recorded at the lesser of estimated fair value of the advertising given or product or service received in accordance with the provisions of ASC 605-20-25, “Advertising Barter Transactions.” Revenue from barter transactions is recognized when advertising is provided, and expenses are recognized when products are received or services are incurred. Revenue from barter transactions included in the Statements of Operations was $58 million, $56 million and $47 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Expense from barter transactions included in the Statements of Operations was $58 million, $56 million and $41 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Sales returns Consistent with industry practice, certain of the Company’s products, such as books and newspapers, are sold with the right of return. The Company records, as a reduction of revenue, the estimated impact of such returns. In determining the estimate of product sales that will be returned, management analyzes historical returns, current economic trends, changes in customer demand and acceptance of the Company’s products. Based on this information, management reserves a percentage of each dollar of product sales that provide the customer with the right of return. Advertising expenses The Company expenses advertising costs as incurred in accordance with ASC 720-35, “Other Expenses—Advertising Cost.” Advertising and promotional expenses recognized totaled $607 million, $530 million and $442 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Shipping and handling Costs incurred for shipping and handling are reflected in Operating expenses in the Statements of Operations. Translation of foreign currencies The financial results and position of foreign subsidiaries and affiliates are translated into U.S. dollars using the current rate method, whereby operating results are converted at the average rate of exchange for the period and assets and liabilities are converted at the closing rates on the period end date. The resulting translation adjustments are accumulated as a component of Accumulated other comprehensive income. Gains and losses from foreign currency transactions are generally included in income for the period. Income taxes The Company accounts for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires an asset and liability approach for financial accounting and reporting for income taxes. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Valuation allowances are established where management determines that it is more likely than not that some portion or all of a deferred tax asset will not be realized. Deferred taxes have not been provided on the cumulative undistributed earnings of foreign subsidiaries to the extent amounts are expected to be reinvested indefinitely. The Company recognizes interest and penalty charges related to unrecognized tax benefits as income tax expense. Earnings (loss) per share Basic earnings (loss) per share for Class A Common Stock and Class B Common Stock is calculated by dividing Net income (loss) available to News Corporation stockholders by the weighted average number of shares of Class A Common Stock and Class B Common Stock outstanding. Diluted earnings (loss) per share for Class A Common Stock and Class B Common Stock is calculated similarly, except that the calculation includes the dilutive effect of the assumed issuance of shares issuable under the Company’s equity-based compensation plans. (See Note 13—Earnings (Loss) per Share). Equity-based compensation Equity-based awards are accounted for in accordance with ASC 718, “Compensation—Stock Compensation” (“ASC 718”). ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the Consolidated Financial Statements. ASC 718 establishes fair value as the measurement objective in accounting for share-based payment arrangements and requires all companies to apply a fair-value-based measurement method in accounting for generally all share-based payment transactions with employees. Retirement Benefit Obligations The Company provides defined benefit pension, postretirement healthcare, defined contribution and medical benefits to the Company’s eligible employees and retirees. The Company accounts for its defined benefit pension, postretirement healthcare and defined contribution plans in accordance with ASC 715, “Compensation—Retirement Benefits” (“ASC 715”). The expense recognized by the Company is determined using certain assumptions, including the discount rate, expected long-term rate of return and mortality rates, among others. The Company recognizes the funded status of its defined benefit plans (other than multiemployer plans) as an asset or liability in the Balance Sheets and recognizes changes in the funded status in the year in which the changes occur through Accumulated other comprehensive (loss) income in the Balance Sheets. Fair Value Measurements The Company has various financial instruments that are measured at fair value on a recurring basis, including certain marketable securities and derivatives. The Company also applies the provisions of fair value measurement to various non-recurring measurements for the Company’s non-financial assets and liabilities. With the exception of investments measured using the net asset value per share practical expedient prescribed in ASU 2015-07, the Company measures assets and liabilities in accordance with ASC 820, “Fair Value Measurements” (“ASC 820”), using inputs from the following three levels of the fair value hierarchy: (i) inputs that are quoted prices in active markets for identical assets or liabilities (“Level 1”); (ii) inputs other than quoted prices included within Level 1 that are observable, including quoted prices for similar assets or liabilities (“Level 2”); and (iii) unobservable inputs that require the entity to use its own best estimates about market participant assumptions (“Level 3”). The Company’s assets measured at fair value on a nonrecurring basis include investments, long-lived assets, indefinite-lived intangible assets and goodwill. The Company reviews the carrying amounts of such assets whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable or at least annually as of June 30 for indefinite-lived intangible assets and goodwill. Any resulting asset impairment would require that the asset be recorded at its fair value. The resulting fair value measurements of the assets are considered to be Level 3 measurements. Financial instruments and derivatives The carrying value of the Company’s financial instruments, including cash and cash equivalents, approximate fair value. The Company did not estimate the fair value of certain cost method investments because it was not practicable to do so. The fair value of financial instruments is generally determined by reference to market values resulting from trading on a national securities exchange or in an over-the-counter market which are considered to be Level 2 measurements. The Company monitors its positions with, and the credit quality of, the financial institutions which are counterparties to its financial instruments. The Company is exposed to credit loss in the event of nonperformance by the counterparties to the agreements. As of June 30, 2016, the Company did not anticipate nonperformance by any of the counterparties. ASC 815, “Derivatives and Hedging” (“ASC 815”), requires every derivative instrument (including certain derivative instruments embedded in other contracts) to be rec

Acquisitions, Disposals and Oth

Acquisitions, Disposals and Other Transactions	12 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisitions, Disposals and Other Transactions	NOTE 3. ACQUISITIONS, DISPOSALS AND OTHER TRANSACTIONS Fiscal 2016 Checkout 51 Mobile Apps ULC In July 2015, the Company acquired Checkout 51 Mobile Apps ULC (“Checkout 51”) for approximately $13 million in cash at closing and approximately $10 million in deferred cash consideration which was paid during fiscal 2016. Checkout 51 is a data-driven digital coupon company that provides News America Marketing with a leading receipt recognition mobile app which enables packaged goods companies and brands to reach consumers with highly personalized marketing campaigns. Checkout 51’s results are included within the Company’s News and Information Services segment. Unruly Holdings Limited On September 30, 2015, the Company acquired Unruly for approximately £60 million (approximately $90 million) in cash and up to £56 million (approximately $86 million) in future cash consideration related to payments primarily contingent upon the achievement of certain performance objectives. As a result of the acquisition, the Company recognized a liability of approximately $40 million related to the contingent consideration. The fair value of the contingent consideration was estimated by applying a probability-weighted income approach. In accordance with ASC 350, $43 million of the purchase price has been allocated to acquired technology with a weighted-average useful life of 7 years, $21 million has been allocated to customer relationships and tradenames with a weighted-average useful life of 6 years and $68 million has been allocated to goodwill. The values assigned to the acquired assets and liabilities are based on estimates of fair value available as of the date of this filing and will be adjusted upon completion of final valuations of certain assets and liabilities. Any changes in these fair values could potentially result in an adjustment to the goodwill recorded for this transaction. Unruly is a leading global video distribution platform that is focused on delivering branded video advertising across websites and mobile devices. Unruly’s results of operations are included within the News and Information Services segment, and it is considered a separate reporting unit for purposes of the Company’s annual goodwill impairment review. DIAKRIT International Limited In February 2016, the Company acquired a 92% interest in DIAKRIT for approximately $40 million in cash. The Company also has the option to purchase, and the minority shareholders have the option to sell to the Company, the remaining 8% in two tranches over the next six years at fair value. DIAKRIT is a digital visualization solutions company that helps homeowners see the potential in their future living environment with digital visualization solutions that enable them to plan, furnish and decorate their dream home, while also helping agents and developers generate more buyer inquiries and accelerate their property sale processes. DIAKRIT’s results are included within the Digital Real Estate Services segment, and it is considered a separate reporting unit for purposes of the Company’s annual goodwill impairment review. iProperty Group Limited In February 2016, REA Group, in which the Company holds a 61.6% interest, increased its investment in iProperty Group Limited (“iProperty”) from 22.7% to approximately 86.9% for A$482 million in cash (approximately $340 million). The remaining 13.1% not currently owned will become mandatorily redeemable during fiscal 2018. As a result, the Company recognized a liability of approximately $76 million, which reflects the present value of the amount expected to be paid for the remaining interest based on the formula specified in the acquisition agreement. The acquisition was funded primarily with the proceeds from borrowings under an unsecured syndicated revolving loan facility (the “REA Facility”). (See Note 9—Borrowings). The acquisition of iProperty extends REA Group’s market leading business in Australia to attractive markets throughout Southeast Asia. iProperty is a subsidiary of REA Group, and its results are included within the Digital Real Estate Services segment. In accordance with ASC 805 “Business Combinations,” REA Group recognized a gain of $29 million resulting from the revaluation of its previously held equity interest in iProperty in Other, net in the Statement of Operations for the fiscal year ended June 30, 2016. The total fair value of iProperty at the acquisition date is set forth below (in millions): Cash paid for iProperty equity $ 340 Deferred consideration 76 Total consideration 416 Fair value of previously held iProperty investment 120 Total fair value $ 536 Under the purchase method of accounting, the total consideration is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions): Assets Acquired: Goodwill $ 498 Intangible assets 72 Net Liabilities (34 ) Net assets acquired $ 536 The acquired intangible assets primarily relate to tradenames which have an indefinite life. The values assigned to the acquired assets and liabilities are based on estimates of fair value available as of the date of this filing and will be adjusted upon completion of final valuations of certain assets and liabilities. Any changes in these fair values could potentially result in an adjustment to the goodwill recorded for this transaction. Flatmates.com.au Pty Ltd In May 2016, REA Group acquired Flatmates.com.au Pty Ltd Australian Regional Media In June 2016, the Company entered into an agreement to purchase Australian Regional Media (“ARM”) from APN News and Media Limited (“APN”) for approximately $30 million. ARM operates a portfolio of regional print assets and websites and extends the reach of the Australian newspaper business to new customers in new geographic regions. The acquisition is subject to regulatory and APN shareholder approval. Wireless Group plc On June 30, 2016, the Company announced that it had reached an agreement on the terms of a recommended cash offer (the “Offer”) to acquire Wireless Group plc (“Wireless Group”) for a purchase price of 315 pence per share in cash, or approximately £220 million (approximately $300 million) in the aggregate, plus any assumed debt at closing. Wireless Group, a publicly-traded company listed on the London and Irish Stock Exchanges, operates TalkSPORT, the leading sports radio network in the U.K., and a portfolio of radio stations in the U.K. and Ireland. The proposed acquisition is expected to broaden the Company’s range of services in the U.K., Ireland and internationally. The Offer is subject to customary closing conditions, including shareholder acceptances and regulatory approval, as well as the other terms set forth in the Company’s Offer Document. As a result of U.K. takeover regulations requiring the Company to demonstrate that necessary financial resources are available to enable full satisfaction of the consideration payable in the Offer, the Company has specifically set aside $315 million of cash for the Offer and has classified it as restricted cash in the Balance Sheet as of June 30, 2016. Fiscal 2015 Harlequin Enterprises Limited In August 2014, the Company acquired Harlequin Enterprises Limited (“Harlequin”) from Torstar Corporation for $414 million in cash, net of $19 million of cash acquired. Harlequin is a leading publisher of women’s fiction and extends HarperCollins’ global platform, particularly in Europe and Asia Pacific. Harlequin is a subsidiary of HarperCollins, and its results are included within the Book Publishing segment. As a result of the acquisition, the Company recorded net tangible assets of approximately $115 million, primarily consisting of accounts receivable, accounts payable, author advances, property, plant and equipment and inventory, at their estimated fair values at the date of acquisition. In addition, the Company recorded approximately $165 million of intangible assets, comprised of approximately $105 million of imprints which have an indefinite life and $60 million related to finite lived intangible assets with a weighted average life of approximately 5 years, and recorded an associated deferred tax liability of approximately $35 million. In accordance with ASC 350, the excess of the purchase price over the fair values of the net tangible and intangible assets of approximately $185 million was recorded as goodwill on the transaction. Move, Inc. In November 2014, the Company acquired all of the outstanding shares of Move, which was a publicly traded company, for $21.00 per share in cash. Move is a leading provider of online real estate services, and the acquisition expanded the Company’s digital real estate services business into the U.S., one of the largest real estate markets. Move primarily operates realtor.com ® ® ® TM . Move’s results of operations are included within the Digital Real Estate Services segment, and it is considered a separate reporting unit for purposes of the Company’s annual goodwill impairment review. The aggregate cash payment at closing to acquire the outstanding shares of Move was approximately $864 million, which was funded with cash on hand. The Company also assumed outstanding Move equity-based compensation awards with a fair value of $67 million, consisting of vested and unvested stock options, restricted stock units (“RSUs”) and restricted stock awards. Of the total fair value of the assumed equity-based compensation awards, $28 million was allocated to pre-combination services and included in total consideration transferred and $39 million was allocated to future services and is being expensed over the weighted average remaining service period of 2.5 years. (See Note 12— Equity Based Compensation). In addition, following the acquisition, the Company utilized approximately $129 million of cash to settle all of Move’s outstanding indebtedness that was assumed as part of the transaction. The total transaction value for the Move acquisition is set forth below (in millions): Cash paid for Move equity $ 864 Assumed equity-based compensation awards—pre-combination services 28 Total consideration transferred 892 Plus: Assumed debt 129 Plus: Assumed equity-based compensation awards—post-combination services 39 Less: Cash acquired (108 ) Total transaction value $ 952 REA Group acquired a 20% interest in Move upon closing of the transaction. In connection with the acquisition, the Company granted REA Group a put option to require the Company to purchase REA Group’s interest in Move, which can be exercised at any time beginning two years from the date of acquisition at fair value. Under the purchase method of accounting, the total consideration transferred is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration transferred over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions): Assets acquired: Cash $ 108 Other current assets 28 Intangible assets 216 Deferred income taxes 153 Goodwill 552 Other non-current assets 69 Total assets acquired $ 1,126 Liabilities assumed: Current liabilities $ 50 Deferred income taxes 52 Borrowings 129 Other non-current liabilities 3 Total liabilities assumed 234 Net assets acquired $ 892 The acquired intangible assets relate to the license of the realtor.com ® ® Move had U.S. federal net operating loss carryforwards (“NOLs”) of $947 million ($332 million tax-effected) at the date of acquisition. The NOLs are subject to limitations as promulgated under Section 382 of the Internal Revenue Code of 1986, as amended (the “Code”). Section 382 of the Code limits the amount of acquired NOLs that we can use on an annual basis to offset future U.S. consolidated taxable income. Valuation allowances and unrecognized tax benefits were recorded against these NOLs in the amount of $484 million ($170 million tax-effected) as part of the purchase price allocation. Accordingly, the Company expected approximately $463 million of NOLs could be utilized, and recorded a net deferred tax asset of $162 million as part of the purchase price allocation. As a result of management’s plan to dispose of its digital education business, the Company increased its estimated utilization of Move’s NOLs by $167 million ($58 million tax-effected) and released valuation allowances equal to that amount. Upon filing its fiscal 2015 federal income tax return, the Company reduced Move’s NOLs by $298 million which represents the amount expected to expire unutilized due to the Section 382 limitation discussed above. As of June 30, 2016, the remaining Move NOLs expected to be utilized are $573 million ($201 million tax-effected). The utilization of these NOLs is dependent on generating sufficient U.S. taxable income prior to expiration which begins in varying amounts starting in 2021. The deferred tax assets established for Move’s NOLs, net of valuation allowance and unrecognized tax benefits, are included in Non-current deferred tax assets on the Balance Sheets. Fiscal 2014 In September 2013, the Company sold the Dow Jones Local Media Group (“LMG”), which operated eight daily and fifteen weekly newspapers in seven states. The gain recognized on the sale of LMG was not significant as the carrying value of the assets held for sale on the date of sale approximated the proceeds received. The net income, assets, liabilities and cash flows attributable to the LMG operations were not material to the Company in any of the periods presented and, accordingly, have not been presented separately. In December 2013, the Company acquired Storyful, a social media content agency, for approximately $25 million, of which $19 million was paid in cash, with the remainder primarily related to an earn-out that was contingent upon the achievement of certain performance objectives. The Storyful acquisition complements the Company’s existing video capabilities, including the creation and distribution of original and on-demand programming such as WSJ Live and BallBall. Storyful’s results are included within the News and Information Services segment.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	NOTE 4. DISCONTINUED OPERATIONS During the first quarter of fiscal 2016, management approved a plan to dispose of the Company’s digital education business. As a result of the plan and the discontinuation of further significant business activities in the Digital Education segment, the assets and liabilities of this segment were classified as held for sale and the results of operations have been classified as discontinued operations for all periods presented in accordance with ASC 205-20, “Discontinued Operations.” In the first quarter of fiscal 2016, the Company recognized a pre-tax non-cash impairment charge of $76 million reflecting a write down of the digital education business to its fair value less costs to sell. The Company completed the sale of the Amplify Insight and Amplify Learning businesses on September 30, 2015 and incurred approximately $17 million in severance and lease termination costs in conjunction with the sale. These amounts are included in Loss before income tax benefit in the table below for the fiscal year ended June 30, 2016. Additionally, during the first quarter of fiscal 2016, the Company recognized a tax benefit of $144 million upon reclassification of the Digital Education segment to discontinued operations. This amount is included in Income tax benefit in the table below for the fiscal year ended June 30, 2016. During the fourth quarter of fiscal 2015, as part of the Company’s long-range planning process, the Company changed its strategy and related outlook with respect to the Amplify reporting unit which resulted in a reduction in expected future cash flows for the business. As a result, the Company determined that the fair value of this reporting unit declined below its carrying value and recorded a non-cash impairment charge of $371 million, with no associated tax impact, in the fiscal year ended June 30, 2015. The charge primarily consisted of a write-down of the Company’s goodwill of $325 million and a write-down of capitalized software development costs of $45 million. Significant unobservable inputs utilized in the income approach valuation method were discount rates (ranging from 12%-45%) and long-term growth rates (ranging from 0%-4%). The impairment charges are included in Loss before income tax benefit in the table below for the fiscal year ended June 30, 2015. The following table summarizes the results of operations from the discontinued segment: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Revenues $ 27 $ 109 $ 88 Loss before income tax benefit (159 ) (496 ) (219 ) Income tax benefit 174 51 77 Income (loss) from discontinued operations, net of tax $ 15 $ (445 ) $ (142 ) The following table summarizes the cash flows from discontinued operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Net cash used in operating activities $ (74 ) $ (157 ) $ (175 ) Net cash provided by (used in) investing activities 13 (70 ) (21 ) Net cash used in financing activities — — — Net decrease in cash and cash equivalents $ (61 ) $ (227 ) $ (196 ) Assets and liabilities held for sale related to discontinued operations as of June 30, 2016 and June 30, 2015 are included in Other current liabilities and Other current assets, respectively, in the Balance Sheets as follows: As of As of (in millions) Current assets $ 1 $ 54 Non-current assets — 100 Total assets $ 1 $ 154 Current Liabilities 7 46 Non-current liabilities — 16 Total liabilities $ 7 $ 62 Net (liabilities) assets held for sale $ (6 ) $ 92

Restructuring Programs

Restructuring Programs	12 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring Programs	NOTE 5. RESTRUCTURING PROGRAMS The Company recorded restructuring charges of $89 million, $84 million and $79 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively, of which $79 million, $75 million and $67 million related to the News and Information Services segment, respectively. The restructuring charges recorded in fiscal 2016, 2015 and 2014 were primarily for employee termination benefits. Changes in the restructuring program liabilities were as follows: One time Facility Other costs Total (in millions) Balance, June 30, 2013 $ 51 $ 6 $ 2 $ 59 Additions 69 8 2 79 Payments (101 ) (5 ) (1 ) (107 ) Other 2 (2 ) (3 ) (3 ) Balance, June 30, 2014 $ 21 $ 7 $ — $ 28 Additions 74 1 9 84 Payments (46 ) (3 ) (3 ) (52 ) Other (2 ) — — (2 ) Balance, June 30, 2015 $ 47 $ 5 $ 6 $ 58 Additions 86 1 2 89 Payments (95 ) (1 ) — (96 ) Other (5 ) — (2 ) (7 ) Balance, June 30, 2016 $ 33 $ 5 $ 6 $ 44 As of June 30, 2016, restructuring liabilities of approximately $34 million were included in the Balance Sheet in Other current liabilities and $10 million were included in Other non-current liabilities.

Investments

Investments	12 Months Ended
	Jun. 30, 2016
Investments Schedule [Abstract]
Investments	NOTE 6. INVESTMENTS The Company’s investments were comprised of the following: Ownership June 30, 2016 As of June 30, 2016 2015 (in millions) Equity method investments: Foxtel (a) 50 % $ 1,437 $ 1,476 Other equity method investments (b) various 101 168 Loan receivable from Foxtel (c) N/A 338 345 Available-for-sale securities (d) various 189 185 Cost method investments (e) various 205 205 Total Investments $ 2,270 $ 2,379 (a) The change in the Foxtel investment for the fiscal year ended June 30, 2016 was primarily due to the impact of foreign currency fluctuations. For the fiscal years ended June 30, 2016 and 2015, the Company received dividends from Foxtel of $26 million and $107 million, respectively.The Company’s investment in Foxtel exceeded its equity in the underlying net assets by approximately $1.5 billion as of June 30, 2016. This amount represented the excess cost over the Company’s proportionate share of its investment’s underlying net assets. This has been allocated between finite-lived intangible assets, indefinite-lived intangible assets and goodwill. The finite-lived intangible assets of approximately $0.5 billion primarily represent subscriber relationships with a weighted average remaining useful life of 7 years. (b) Other equity method investments as of June 30, 2015 primarily included REA Group’s investment in iProperty. In July 2014, REA Group purchased a 17.22% interest in iProperty for total cash consideration of approximately $100 million. In December 2014, REA Group sold Squarefoot, its Hong Kong based business, to iProperty in exchange for an additional 2.2% interest in iProperty. As of June 30, 2015, REA Group owned an approximate 19.9% interest in iProperty and increased its ownership percentage to an approximate 22.7% interest in the first quarter of fiscal 2016. In February 2016, REA Group increased its ownership interest in iProperty to approximately 86.9% for A$482 million (approximately $340 million) and from then its results are consolidated within the Digital Real Estate Services segment. (See Note 3—Acquisitions, Disposals and Other Transactions). (c) In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and Foxtel’s shareholders made pro rata capital contributions in the form of subordinated shareholder notes based on their respective ownership interests. The Company’s share of the subordinated shareholder notes was approximately A$451 million ($338 million and $345 million as of June 30, 2016 and June 30, 2015, respectively). The subordinated shareholder notes can be repaid beginning in July 2022 provided that Foxtel’s senior debt has been repaid. The subordinated shareholder notes have a maturity date of July 15, 2027, with interest payable on June 30 each year and at maturity. On June 22, 2016, Foxtel and Foxtel’s shareholders agreed to modify the terms of the loan receivable to reduce the interest rate from 12% to 10.5%, to more closely align with current market rates. Foxtel paid interest at a rate of 10.5% for fiscal 2016. Upon maturity, the principal advanced will be repayable. (d) Available-for-sale securities primarily include the Company’s investments in The Rubicon Project, Inc. and APN. During fiscal 2015, the Company purchased a 14.99% interest in APN for approximately $112 million. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest for $20 million. APN operates a portfolio of Australian radio and outdoor media assets. (e) Cost method investments primarily include the Company’s investment in SEEKAsia Limited (“SEEK Asia”) and certain investments in China. In November 2014, SEEK Asia, in which the Company owned a 12.1% interest, acquired the online employment businesses of JobStreet Corporation Berhad (“JobStreet”), which were combined with JobsDB, Inc., SEEK Asia’s existing online employment business. The transaction was funded primarily through additional contributions by SEEK Asia shareholders which did not have an impact on the Company’s ownership. The Company’s share of the funding contribution was approximately $60 million. In June 2015, the Company purchased an additional 0.8% interest in SEEK Asia for approximately $7 million, which increased the Company’s investment to approximately 12.9%. In June 2016, the Company’s interest in SEEK Asia increased to approximately 13.75% as a result of the repurchase and cancellation of shares owned by certain other shareholders. The Company measures the fair market values of available-for-sale investments as Level 1 financial instruments under ASC 820 as such investments have quoted prices in active markets. The cost basis, unrealized gains, unrealized losses and fair market value of available-for-sale investments are set forth below: As of June 30, 2016 2015 (in millions) Cost basis of available-for-sale investments $ 155 $ 164 Accumulated gross unrealized gain 34 46 Accumulated gross unrealized loss — (25 ) Fair value of available-for-sale investments $ 189 $ 185 Net deferred tax liability $ 13 $ 11 Equity Earnings of Affiliates The Company’s share of the earnings of its equity affiliates was as follows: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Foxtel (a) $ 38 $ 59 $ 90 Other equity affiliates, net (8 ) (1 ) — Total Equity earnings of affiliates $ 30 $ 58 $ 90 (a) In accordance with ASC 350, the Company amortized $52 million, $57 million and $62 million related to excess cost over the Company’s proportionate share of its investment’s underlying net assets allocated to finite-lived intangible assets during the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Such amortization is reflected in Equity earnings of affiliates in the Statements of Operations. Impairments of investments The Company regularly reviews its investments for impairments based on criteria that include the extent to which the investment’s carrying value exceeds its related market value, the duration of the market decline, the Company’s ability to hold its investment until recovery and the investment’s financial strength and specific prospects. The Company recorded write-offs and impairments of certain investments in the fiscal years ended June 30, 2016, 2015 and 2014 of $21 million, $5 million and $10 million, respectively. These write-offs and impairments were reflected in Other, net in the Statements of Operations and were taken either as a result of the deteriorating financial position of the investee or due to an other-than-temporary impairment resulting from sustained losses and limited prospects for recovery. Of the $21 million in write-offs and impairments recognized in the fiscal year ended June 30, 2016 , approximately $17 million was reclassified out of accumulated other comprehensive income and included in Other, net in the Statement of Operations. Summarized Financial Information Summarized financial information for Foxtel, presented in accordance with U.S. GAAP, was as follows: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Revenues $ 2,379 $ 2,658 $ 2,897 Operating income (a) 373 441 554 Net income 180 232 304 (a) Includes Depreciation and amortization of $231 million, $319 million and $349 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Operating income before depreciation and amortization was $604 million, $760 million and $903 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. As of June 30, 2016 2015 (in millions) Current assets $ 605 $ 458 Non-current assets 2,470 2,506 Current liabilities 764 731 Non-current liabilities 2,534 2,544

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	NOTE 7. PROPERTY, PLANT AND EQUIPMENT Useful Lives As of June 30, 2016 2015 (in millions) Land $ 153 $ 161 Buildings and leaseholds 3 to 50 years 1,793 1,925 Machinery and equipment (a) 3 to 40 years 2,872 2,972 4,818 5,058 Less: accumulated depreciation and amortization (b) (2,524 ) (2,493 ) 2,294 2,565 Construction in progress (a) 111 125 Total Property, plant and equipment, net $ 2,405 $ 2,690 (a) Includes capitalized software of approximately $950 million and $898 million as of June 30, 2016 and 2015, respectively. (b) Includes accumulated amortization of capitalized software of approximately $498 million and $447 million as of June 30, 2016 and 2015, respectively. Depreciation and amortization related to property, plant and equipment was $415 million, $407 million and $470 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. This includes amortization of capitalized software of $194 million, $169 million and $136 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Total operating lease expense was approximately $164 million, $195 million and $187 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	NOTE 8. GOODWILL AND OTHER INTANGIBLE ASSETS The carrying values of the Company’s intangible assets and related accumulated amortization for the fiscal years ended June 30, 2016 and June 30, 2015 were as follows: As of June 30, 2016 2015 (in millions) Intangible Assets Not Subject to Amortization Newspaper Mastheads $ 307 $ 308 Distribution Networks 391 392 Imprints 245 266 Trademarks and tradenames 191 120 Total intangible assets not subject to amortization 1,134 1,086 Intangible Assets Subject to Amortization Channel Distribution Agreements (a) 342 366 Publishing Rights (b) 365 389 Customer Relationships (c) 336 336 Other (d) 30 26 Total intangible assets subject to amortization, net 1,073 1,117 Total Intangible assets, net $ 2,207 $ 2,203 (a) Net of accumulated amortization of $58 million and $43 million as of June 30, 2016 and 2015, respectively. The average useful life of the channel distribution agreements is 25 years primarily based on the period that a majority of the future cash flows from these intangibles will be generated. (b) Net of accumulated amortization of $150 million and $122 million as of June 30, 2016 and 2015, respectively. The average useful life of publishing rights is 4 to 30 years primarily based on the weighted-average remaining contractual terms of the underlying publishing contracts and the Company’s estimates of the period within those terms that the asset is expected to generate a majority of its future cash flows. (c) Net of accumulated amortization of $363 million and $340 million as of June 30, 2016 and 2015, respectively. The average useful life of customer relationships ranges from 2 to 25 years. The useful lives of these assets are estimated by applying historical attrition rates and determining the resulting period over which a majority of the accumulated undiscounted cash flows related to the customer relationships are expected to be generated. The useful lives represent the periods over which these intangible assets are expected to contribute directly or indirectly to the Company’s future cash flows. (d) Net of accumulated amortization of $69 million and $50 million as of June 30, 2016 and 2015, respectively. The average useful life of other intangible assets ranges from 2 to 15 years. The useful lives represent the periods over which these intangible assets are expected to contribute directly or indirectly to the Company’s future cash flows. Amortization related to amortizable intangible assets was $91 million, $90 million and $83 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Based on the current amount of amortizable intangible assets, the estimated amortization expense for each of the succeeding five fiscal years is as follows: 2017—$93 million; 2018—$89 million; 2019—$77 million; 2020—$67 million; and 2021—$60 million. These amounts may vary as acquisitions and disposals occur in the future and as purchase price allocations are finalized. The changes in the carrying value of goodwill, by segment, are as follows: News and Book Digital Real Cable Network Other Total (in millions) Balance, June 30, 2014 $ 1,701 $ 71 $ 86 $ 599 $ — $ 2,457 Acquisitions — 191 566 — 4 761 Foreign currency movements (5 ) (21 ) (16 ) (113 ) — (155 ) Balance, June 30, 2015 $ 1,696 $ 241 $ 636 $ 486 $ 4 $ 3,063 Acquisitions 80 31 545 — — 656 Foreign currency movements (11 ) (12 ) 28 (10 ) — (5 ) Balance, June 30, 2016 $ 1,765 $ 260 $ 1,209 $ 476 $ 4 $ 3,714 The carrying amount of goodwill as of June 30, 2016 reflected accumulated impairments, principally relating to the News and Information Services segment, of $3.4 billion. Annual Impairment Assessments Fiscal 2016 In accordance with ASC 350, the Company’s goodwill and indefinite-lived intangible assets are tested annually in the fourth quarter for impairment or earlier if events or circumstances change that would more likely than not reduce the fair value of the reporting unit below its carrying amount. (See Note 2—Summary of Significant Accounting Policies). The performance of the Company’s annual impairment analysis did not result in any impairments of goodwill in fiscal 2016. Significant unobservable inputs utilized in the income approach valuation method were discount rates (ranging from 9%-14.5%), long-term growth rates (ranging from 0%-3.5%) and royalty rates (ranging from 0.5%-3.4%). Significant unobservable inputs utilized in the market approach valuation method were EBITDA multiples from guideline public companies operating in similar industries and control premiums (ranging from 10%-15%). Significant increases (decreases) in royalty rates, growth rates, control premiums and multiples, assuming no change in discount rates, would result in a significantly higher (lower) fair value measurement. Significant decreases (increases) in discount rates, assuming no changes in royalty rates, growth rates, control premiums and multiples, would result in a significantly higher (lower) fair value measurement. Fiscal 2015 The performance of the Company’s annual impairment analysis did not result in any impairments of goodwill in fiscal 2015. Significant unobservable inputs utilized in the income approach valuation method were discount rates (ranging from 9%-14%), long-term growth rates (ranging from 0%-3%) and royalty rates (ranging from 0.5%-3.3%). Significant unobservable inputs utilized in the market approach valuation method were EBITDA multiples from guideline public companies operating in similar industries and control premiums (ranging from 10%-15%). Significant increases (decreases) in royalty rates, growth rates, control premiums and multiples, assuming no change in discount rates, would result in a significantly higher (lower) fair value measurement. Significant decreases (increases) in discount rates, assuming no changes in royalty rates, growth rates, control premiums and multiples, would result in a significantly higher (lower) fair value measurement. Fiscal 2014 The performance of the Company’s annual impairment analysis did not result in any impairments of goodwill in fiscal 2014. Significant unobservable inputs utilized in the income approach valuation method were discount rates (ranging from 9.0%-14.0%), long-term growth rates (ranging from 0.0%-4.0%) and royalty rates (ranging from 0.5%-2.8%). Significant unobservable inputs utilized in the market approach valuation method were EBITDA multiples from guideline public companies operating in similar industries and control premiums (ranging from 10%-15%). Significant increases (decreases) in royalty rates, growth rates, control premiums and multiples, assuming no change in discount rates, would result in a significantly higher (lower) fair value measurement. Significant decreases (increases) in discount rates, assuming no changes in royalty rates, growth rates, control premiums and multiples, would result in a significantly higher (lower) fair value measurement.

Borrowings

Borrowings	12 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Borrowings	NOTE 9. BORROWINGS The Company’s total borrowings consist of the following: As of As of (in millions) Facility due December 2017 $ 90 $ — Facility due December 2018 90 — Facility due December 2019 179 — Other obligations 13 — Total debt 372 — Less: Current portion (3 ) — Total long-term debt $ 369 $ — REA Group Unsecured Revolving Loan Facility REA Group entered into a A$480 million unsecured syndicated revolving loan facility agreement in connection with the acquisition of iProperty. The REA Facility consists of three sub facilities of A$120 million, A$120 million and A$240 million which become due in December 2017, December 2018 and December 2019, respectively. In February 2016, REA Group drew down the full A$480 million (approximately $340 million as of such date) available under the REA Facility, and the proceeds, less lenders’ fees of $1 million, were used to fund the iProperty acquisition. Borrowings under the REA Facility bear interest at a floating rate of the Australian BBSY plus a margin in the range of 0.85% and 1.45% depending on REA Group’s net leverage ratio. As of June 30, 2016, REA Group was paying a margin of between 1.00% and 1.20%. REA Group paid approximately $4 million in interest for the fiscal year ended June 30, 2016 at a weighted average interest rate of 3.2%. The REA Facility requires REA Group to maintain a net leverage ratio of not more than 3.25 to 1.0 and an interest coverage ratio of not less than 3.0 to 1.0. As of June 30, 2016, REA Group was in compliance with all of the applicable debt covenants. Revolving Credit Facility The Company’s Credit Agreement (as amended, the “Credit Agreement”) provides for an unsecured $650 million revolving credit facility (the “Facility”) that can be used for general corporate purposes. The Facility has a sublimit of $100 million available for issuances of letters of credit. Under the Credit Agreement, the Company may request increases in the amount of the Facility up to a maximum amount of $900 million. In October 2015, the Company entered into an amendment to the Credit Agreement (the “Amendment”) which, among other things, extended the original term of the Facility by two years and lowered the commitment fee payable by the Company. As a result of the Amendment, the lenders’ commitments now terminate on October 23, 2020, and any borrowings will be due at that time. The Company may request that the commitments be extended under certain circumstances as set forth in the Credit Agreement for up to two additional one-year periods. The Credit Agreement contains customary affirmative and negative covenants and events of default, with customary exceptions, including limitations on the ability of the Company and its subsidiaries to engage in transactions with affiliates, incur liens, merge into or consolidate with any other entity, incur subsidiary debt or dispose of all or substantially all of its assets or all or substantially all of the stock of its subsidiaries. In addition, the Credit Agreement requires the Company to maintain an adjusted operating income leverage ratio of not more than 3.0 to 1.0 and an interest coverage ratio of not less than 3.0 to 1.0. If any of the events of default occur and are not cured within applicable grace periods or waived, any unpaid amounts under the Credit Agreement may be declared immediately due and payable. As of June 30, 2016, the Company was in compliance with all of the applicable debt covenants. Interest on borrowings under the Facility is based on either (a) a Eurodollar Rate formula or (b) the Base Rate formula, each as set forth in the Credit Agreement. The applicable margin and the commitment fee are based on the pricing grid in the Credit Agreement, which varies based on the Company’s adjusted operating income leverage ratio. As of June 30, 2016, the Company was paying a commitment fee of 0.225% on any undrawn balance and an applicable margin of 0.50% for a Base Rate borrowing and 1.50% for a Eurodollar Rate borrowing. As of the date of this filing, the Company has not borrowed any funds under the Facility. Total borrowings, excluding other obligations and debt issuance costs, have the following scheduled maturities for each of the next five fiscal years: As of (in millions) Fiscal 2017 $ — Fiscal 2018 90 Fiscal 2019 90 Fiscal 2020 180 Fiscal 2021 — Thereafter —

Redeemable Preferred Stock

Redeemable Preferred Stock	12 Months Ended
	Jun. 30, 2016
Text Block [Abstract]
Redeemable Preferred Stock	NOTE 10. REDEEMABLE PREFERRED STOCK In connection with the Company’s separation of its businesses (the “Separation”) from Twenty-First Century Fox, Inc. (“21st Century Fox”) on June 28, 2013 (the “Distribution Date”), 21st Century Fox sold 4,000 shares of cumulative redeemable preferred stock with a par value of $5,000 per share of a newly formed U.S. subsidiary of the Company. The preferred stock pays dividends at a rate of 9.5% per annum, payable quarterly, in arrears. The preferred stock is callable by the Company at any time after the fifth year and is puttable at the option of the holder after 10 years. As of June 30, 2016 and 2015, $20 million was included in Redeemable preferred stock on the Balance Sheets.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Stockholders' Equity	NOTE 11. STOCKHOLDERS’ EQUITY Authorized Capital Stock The Company’s authorized capital stock consists of 1,500,000,000 shares of Class A Common Stock, par value $0.01 per share, 750,000,000 shares of Class B Common Stock, par value $0.01 per share, 25,000,000 shares of Series Common Stock, par value $0.01 per share, and 25,000,000 shares of Preferred Stock, par value $0.01 per share. Common Stock Shares Outstanding Dividends— Voting Rights Liquidation Rights Stock Repurchases In May 2013, the Board of Directors authorized the Company to repurchase up to an aggregate of $500 million of its Class A Common Stock. On May 10, 2015, the Company announced it had begun repurchasing shares of Class A Common Stock under the stock repurchase program. Through August 5, 2016, the Company repurchased approximately 5.2 million shares of Class A Common Stock for an aggregate purchase price of approximately $71 million. The remaining authorized amount under the stock repurchase program as of August 5, 2016 was approximately $429 million. All decisions regarding any future stock repurchases are at the sole discretion of a duly appointed committee of the Board of Directors and management. The committee’s decisions regarding future stock repurchases will be evaluated from time to time in light of many factors, including the Company’s financial condition, earnings, capital requirements and debt facility covenants, other contractual restrictions, as well as legal requirements, regulatory constraints, industry practice, market volatility and other factors that the committee may deem relevant. The stock repurchase authorization may be modified, extended, suspended or discontinued at any time by the Board of Directors and the Board of Directors cannot provide any assurances that any additional shares will be repurchased. The total number and value of shares repurchased for the fiscal years ended June 30, 2016, 2015 and 2014 are as follows: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Total cost of repurchases $ 39 $ 32 — Total number of shares repurchased 3.1 2.1 — Stockholder Rights Agreement During fiscal 2015, the Board of Directors adopted the second amended and restated rights agreement, which is referred to below as the “rights agreement.” Under the rights agreement, each outstanding share of common stock of the Company has attached to it one right. Initially, the rights are represented by the common stock of the Company, are not traded separately from the common stock and are not exercisable. The rights, unless redeemed or exchanged, will become exercisable for common stock of the Company 10 business days after public announcement that a person or group has obtained beneficial ownership (defined to include stock which a person has the right to acquire, regardless of whether such right is subject to the passage of time or the satisfaction of conditions), including by means of a tender offer, of 15% or more of the outstanding shares of the Company’s Class B Common Stock. Following such acquisition of beneficial ownership, each right will entitle its holder (other than the acquiring person or group) to purchase, at the exercise price (subject to adjustments provided in the rights agreement), a number of shares of the Company’s Class A or Class B Common Stock, as applicable, having a then-current market value of twice the exercise price, and in the event of a subsequent merger or other acquisition of the Company or transfer of 50% or more of the Company, to purchase, at the exercise price, a number of shares of common stock of the acquiring entity having a then-current market value of twice the exercise price. The exercise price for the Company rights will be $90.00, subject to certain adjustments. The rights will not become exercisable by virtue of (i) any person’s or group’s beneficial ownership, as of the Distribution Date, of 15% or more of the Class B Common Stock of the Company, unless such person or group acquires beneficial ownership of additional shares of the Company’s Class B Common Stock after June 18, 2015; (ii) the repurchase of the Company’s shares that causes a holder to become the beneficial owner of 15% or more of the Company’s Class B Common Stock, unless such holder acquires beneficial ownership of additional shares representing one percent or more of the Company’s Class B Common Stock; (iii) acquisitions by way of a pro rata stock dividend or a stock split; (iv) acquisitions solely as a result of any unilateral grant of any security by the Company or through the exercise of any options, warrants, rights or similar interests (including restricted stock) granted by the Company to its directors, officers and employees pursuant to any equity incentive or award plan; or (v) certain acquisitions determined by the Board of Directors to be inadvertent, provided, that following such acquisition, the acquirer promptly, but in any case within 10 business days, divests a sufficient number of shares so that such person would no longer otherwise qualify as an acquiring person. The rights will expire on June 18, 2018, unless the rights agreement is earlier terminated or such date is advanced or extended by the Company, or the rights are earlier redeemed or exchanged by the Company.

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Equity-Based Compensation	NOTE 12. EQUITY-BASED COMPENSATION Employees of the Company participate in the News Corporation 2013 Long-Term Incentive Plan (the “2013 LTIP”) under which equity-based compensation, including stock options, performance stock units (“PSUs”), restricted stock awards, RSUs and other types of awards can be granted. The Company has the ability to award up to 30 million shares of Class A Common Stock under the terms of the 2013 LTIP in addition to awards assumed in connection with the Separation and with acquisitions. In connection with the acquisition of Move in November 2014, the Company assumed Move’s equity incentive plans and substantially all of the awards outstanding under such plans. The stock options, RSUs and restricted stock awards that were assumed continue to have the same terms and conditions that applied to those awards immediately prior to the acquisition, except that such assumed awards were converted into awards with the right to be settled in, or by reference to, the Company’s Class A Common Stock in accordance with the acquisition agreement, using a formula designed to preserve the value of the awards based on the price per share paid in the acquisition. The Company assumed and converted approximately 4.3 million stock options and approximately 2.5 million RSUs and restricted stock awards in connection with the transaction. The following table summarizes the Company’s equity-based compensation expense from continuing operations reported in the Statements of Operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Total Equity compensation expense $ 55 $ 53 $ 32 Total intrinsic value of stock options exercised $ 3 $ 24 $ 2 As of June 30, 2016, total compensation cost not yet recognized for all plans presented related to unvested awards held by the Company’s employees was approximately $53 million and is expected to be recognized over a weighted average period of between one and two years. The tax benefit recognized on PSUs and RSUs for the Company’s employees that vested, and stock options that were exercised by the Company’s employees, during the applicable fiscal year was $11 million, $17 million and $8 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Summary of Incentive Plans The fair value of equity-based compensation granted under the 2013 LTIP is calculated according to the type of award issued. Cash settled awards are marked-to-market at the end of each reporting period. Performance Stock Units PSU awards are grants that entitle the holder to shares of the Company’s Class A Common Stock or the cash equivalent value of such shares based on the achievement of pre-established performance metrics over the applicable performance period. PSUs are fair valued on the date of grant and expensed using a straight-line method as the awards cliff vest at the end of the three-year performance period. The number of PSUs that will vest can range from 0% to 200% of the target award and will be based on the achievement of the performance condition and the Company’s three-year total shareholder return (“TSR”). The expense recorded for the portion of the award that is subject to the performance condition is based on management’s determination of the probable outcome of the performance condition and the corresponding number of shares expected to vest. The Company records a cumulative expense adjustment in periods in which its estimate of the number of shares expected to vest changes. Additionally, the expense recognized is ultimately adjusted to reflect the actual number of shares that vested based on the achievement of the performance condition. The number of awards which vest is also impacted by the Company’s TSR as measured against the three-year TSR of the companies that comprise the Standard and Poor’s 500 Index. The fair value of the TSR condition is determined using a Monte Carlo simulation model. Any person who holds PSUs shall have no ownership interest in the shares or cash to which such PSUs relate unless and until the shares or cash are delivered to the holder. All shares of Class A Common Stock reserved for cancelled or forfeited equity-based compensation awards become available for future grants. In the first quarters of fiscal 2016 and 2015, certain employees of the Company each received a grant of PSUs that has a three-year performance measurement period beginning on July 1, 2015 and July 1, 2014, respectively. Vesting of the awards is subject to the achievement of the performance condition, consisting of pre-defined targets for cumulative earnings per share and cumulative free cash flow for the applicable performance period, as well as the TSR condition. The majority of these awards will be settled in shares of the Company’s Class A Common Stock subject to the achievement of the relevant performance metrics and participants’ continued employment with the Company. In the second quarter of fiscal 2014, certain employees of the Company each received a grant of PSUs that has a three-year performance measurement period beginning on July 1, 2013. Vesting of the awards is subject to the achievement of the performance condition, consisting of pre-defined targets for cumulative earnings per share and consolidated free cash flow growth for the applicable performance period, as well as the TSR condition. The majority of these awards will be settled in shares of the Company’s Class A Common Stock subject to the achievement of the relevant performance metrics and participants’ continued employment with the Company. For the fiscal years ended June 30, 2016, 2015 and 2014, a total of 4.2 million, 3.4 million and 4.3 million target PSUs were granted to the Company’s employees, respectively, of which 3.0 million, 2.3 million and 2.7 million, respectively, will be settled in Class A Common Stock of the Company, with the remaining, having been granted to executive directors and to employees in certain foreign locations, being settled in cash. For the fiscal years ended June 30, 2016, 2015 and 2014, approximately 1.2 million, 2.0 million and nil PSUs vested, respectively, of which approximately 0.2 million, 0.5 million and nil PSUs, respectively, were settled in cash for approximately $3.3 million, $8.2 million and nil before statutory tax withholdings, respectively. Restricted Stock Units RSU awards are grants that entitle the holder to shares of the Company’s Class A Common Stock or the cash equivalent value of such shares based on the share price on the expected vesting date. The fair value of RSUs issued under the 2013 LTIP is based upon the fair market value of the shares underlying the awards on the grant date. Any person who holds RSUs shall have no ownership interest in the shares or cash to which such RSUs relate unless and until shares or cash are delivered to the holder. During fiscal 2016, 2015 and 2014, certain employees of the Company each received a grant of time-vested RSUs. Vesting of the awards is subject to the participants’ continued employment with the Company through the applicable vesting date. During the fiscal years ended June 30, 2016, 2015 and 2014, 0.3 million, 0.5 million and 0.2 million RSUs were granted to the Company’s employees, respectively, which primarily vest over three to four years. The following table summarizes the activity from continuing and discontinued operations related to the target PSUs and RSUs granted to the Company’s employees which will be settled in shares of the Company (PSUs and RSUs in thousands): Fiscal 2016 Fiscal 2015 Fiscal 2014 Number Weighted Number Weighted Number Weighted PSUs and RSUs Unvested units at beginning of the year 8,355 $ 16.77 7,222 $ 13.00 5,557 $ 9.46 Granted (a) 3,472 15.51 2,975 17.29 2,924 19.06 RSUs assumed in acquisition (b) — — 2,491 15.20 — — Vested (c) (1,913 ) 13.56 (3,131 ) 10.19 (24 ) 10.70 Cancelled (d) (2,141 ) 15.76 (1,202 ) 11.36 (1,235 ) 11.39 Unvested units at the end of the year (e) 7,773 $ 17.34 8,355 $ 16.77 7,222 $ 13.00 (a) For fiscal 2016, includes 3.0 million target PSUs and 0.3 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2013 that vested during fiscal 2016. For fiscal 2015, includes 2.3 million target PSUs and 0.5 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2012 that vested during fiscal 2015. (b) Represents RSUs assumed in the Move acquisition. The weighted average grant date fair value for the assumed awards was calculated using the fair value of the awards at the acquisition date. (c) The fair value of PSUs and RSUs held by the Company’s employees that vested during the fiscal years ended June 30, 2016, 2015 and 2014 was $26 million, $32 million, and nil, respectively. (d) For fiscal 2016, includes 0.8 million of target PSUs and 0.3 million RSUs cancelled and a payout adjustment of 1.0 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2013 that vested during fiscal 2016. For fiscal 2015, includes 0.3 million of target PSUs and 0.3 million RSUs cancelled during fiscal 2015 and a payout adjustment of 0.6 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2012 that vested during fiscal 2015. (e) The intrinsic value of these unvested RSUs and target PSUs was approximately $89 million as of June 30, 2016. Stock Options The following table summarizes information about stock option transactions for the employee stock option plans (options in thousands): Fiscal 2016 Fiscal 2015 Fiscal 2014 Options Weighted Options Weighted Options Weighted (in US$) (in US$) (in US$) Outstanding at the beginning of the year 2,008 $ 8.82 263 $ 6.25 463 $ 5.88 Options assumed in acquisition (a) — — 4,336 7.46 — — Exercised (508 ) 7.34 (2,521 ) 6.22 (200 ) 5.39 Cancelled (262 ) 10.75 (70 ) 8.37 — — Outstanding at the end of the year (b) 1,238 $ 9.03 2,008 $ 8.82 263 $ 6.25 Exercisable at the end of the year (c) 945 1,117 263 (a) Represents options assumed in the Move acquisition. The weighted average exercise price for the assumed options was calculated using the converted exercise price at the acquisition date. The converted exercise price was calculated using a formula designed to preserve the value of the awards based on the price per share paid in the acquisition. (b) The intrinsic value of options outstanding held by the Company’s employees as of June 30, 2016, 2015 and 2014 was $3 million, $12.8 million and $3.1 million, respectively. The weighted average remaining contractual life of options outstanding as of June 30, 2016 was 4.74 years. (c) The weighted average remaining contractual life of options exercisable as of June 30, 2016 was 3.94 years.

Earnings (Loss) Per Share

Earnings (Loss) Per Share	12 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings (Loss) Per Share	NOTE 13. EARNINGS (LOSS) PER SHARE The following tables set forth the computation of basic and diluted earnings per share under ASC 260, “Earnings per Share”: For the fiscal years ended June 30, 2016 2015 2014 (in millions, except per share amounts) Income from continuing operations $ 235 $ 367 $ 436 Less: Net income attributable to noncontrolling interests (71 ) (69 ) (55 ) Less: Redeemable preferred stock dividends (a) (2 ) (2 ) (2 ) Income from continuing operations available to News Corporation stockholders 162 296 379 Income (loss) from discontinued operations, net of tax, available to News Corporation stockholders 15 (445 ) (142 ) Net income (loss) available to News Corporation stockholders $ 177 $ (149 ) $ 237 Weighted-average number of shares of common stock outstanding—basic 580.6 581.0 579.0 Dilutive effect of equity awards 1.9 1.6 0.7 Weighted-average number of shares of common stock outstanding—diluted 582.5 582.6 579.7 Income from continuing operations available to News Corporation stockholders per share—basic and diluted $ 0.28 $ 0.51 $ 0.65 Income (loss) from discontinued operations available to News Corporation stockholders per share—basic and diluted $ 0.02 $ (0.77 ) $ (0.24 ) Net income (loss) available to News Corporation stockholders per share—basic and diluted $ 0.30 $ (0.26 ) $ 0.41 (a) See Note 10 —

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 14. RELATED PARTY TRANSACTIONS Related Party Transactions In the ordinary course of business, the Company enters into transactions with related parties, such as equity affiliates, to sell certain broadcast rights and purchase and/or sell advertising and administrative services. The following table sets forth the net revenue from related parties included in the Statements of Operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Related party revenue, net of expense $ 319 $ 281 $ 305 The following table sets forth the amount of receivables due from and payable to related parties outstanding on the Balance Sheets: As of June 30, 2016 2015 (in millions) Accounts receivable from related parties $ 86 $ 72 Notes receivable from related parties 338 345 Accounts payable to related parties 31 10

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 15. COMMITMENTS AND CONTINGENCIES Commitments The Company has commitments under certain firm contractual arrangements (“firm commitments”) to make future payments. These firm commitments secure the future rights to various assets and services to be used in the normal course of operations. The following table summarizes the Company’s material firm commitments as of June 30, 2016: As of June 30, 2016 Payments Due by Period Total 1 year 2-3 4-5 After 5 years (in millions) Purchase obligations (a) $ 787 $ 339 $ 183 $ 99 $ 166 Sports programming rights (b) 1,184 158 379 388 259 Operating leases (c) Land and buildings 1,436 129 274 207 826 Plant and machinery 4 2 2 — — Total commitments and contractual obligations $ 3,411 $ 628 $ 838 $ 694 $ 1,251 (a) The Company has commitments under purchase obligations related to printing contracts, capital projects, marketing agreements and other legally binding commitments. (b) The Company has sports programming rights commitments with the National Rugby League, Australian Rugby Union and International Cricket as well as certain other broadcast rights which are payable through fiscal 2023. In November 2015, the Company entered into a sports programming rights agreement with the National Rugby League to license certain media rights for a five year period from 2018 to 2022 for approximately $775 million (A$1.1 billion). In August 2015, the Company entered into a sports programming rights agreement with the Australian Football League to license certain media rights for a six year period from 2017 to 2022 for approximately $850 million (A$1.2 billion). The sports programming rights for the Australian Football League were novated to Foxtel in the fourth quarter of fiscal 2016 and are not included in the table above. (c) The Company leases office facilities, warehouse facilities, printing plants and equipment. These leases, which are classified as operating leases, are expected to be paid at certain dates through fiscal 2062. This amount includes approximately $250 million for office facilities that have been subleased from 21st Century Fox. The Company has certain contracts to purchase newsprint, ink and plates that require the Company to purchase a percentage of its total requirements for production. Since the quantities purchased annually under these contracts are not fixed and are based on the Company’s total requirements, the amount of the related payments for these purchases is excluded from the table above. In accordance with ASC 715, the net liability for pension and other postretirement benefit plans recognized as of June 30, 2016 was approximately $356 million (See Note 16—Retirement Benefit Obligations). This amount is affected by, among other items, statutory funding levels, changes in plan demographics and assumptions and investment returns on plan assets. Because of the current overall funded status of the Company’s material plans, the accrued liability does not represent expected near-term liquidity needs and, accordingly, this amount is not included in the contractual obligations table. Contingencies The Company routinely is involved in various legal proceedings, claims and governmental inspections or investigations, including those discussed below. The outcome of these matters and claims is subject to significant uncertainty, and the Company often cannot predict what the eventual outcome of pending matters will be or the timing of the ultimate resolution of these matters. Fees, expenses, fines, penalties, judgments or settlement costs which might be incurred by the Company in connection with the various proceedings could adversely affect its results of operations and financial condition. The Company establishes an accrued liability for legal claims when it determines that a loss is both probable and the amount of the loss can be reasonably estimated. Once established, accruals are adjusted from time to time, as appropriate, in light of additional information. The amount of any loss ultimately incurred in relation to matters for which an accrual has been established may be higher or lower than the amounts accrued for such matters. Legal fees associated with litigation and similar proceedings are expensed as incurred. Except as otherwise provided below, for the contingencies disclosed for which there is at least a reasonable possibility that a loss may be incurred, the Company was unable to estimate the amount of loss or range of loss. The Company recognizes gain contingencies when the gain becomes realized or realizable. U.K. Newspaper Matters and Related Investigations and Litigation On July 19, 2011, a purported class action lawsuit captioned Wilder v. News Corp., et al. was filed on behalf of all purchasers of 21st Century Fox’s common stock between March 3, 2011 and July 11, 2011, in the U.S. District Court for the Southern District of New York (the “Wilder Litigation”). The plaintiff brought claims under Section 10(b) and Section 20(a) of the Securities Exchange Act of 1934, as amended, alleging that false and misleading statements were issued regarding alleged acts of voicemail interception at The News of the World On June 5, 2012, the District Court issued an order appointing the Avon Pension Fund (“Avon”) as lead plaintiff and Robbins Geller Rudman & Dowd as lead counsel. Avon filed an amended consolidated complaint on July 31, 2012, which among other things, added as defendants the Company’s subsidiary, NI Group Limited (now known as News Corp UK & Ireland Limited), and Les Hinton, and expanded the class period to comprise February 15, 2011 to July 18, 2011. Defendants filed motions to dismiss the litigation, which were granted by the District Court on March 31, 2014. Plaintiffs were allowed to amend their complaint, and on April 30, 2014, plaintiffs filed a second amended consolidated complaint, which generally repeated the allegations of the amended consolidated complaint and also expanded the class period to comprise July 8, 2009 to July 18, 2011. Defendants moved to dismiss the second amended consolidated complaint, and on September 30, 2015, the District Court granted defendants’ motions in their entirety and dismissed all of plaintiffs’ claims. In its memorandum, opinion and order relating to the dismissal, the District Court gave plaintiffs until November 6, 2015 to file a motion for leave to amend their complaint. On October 21, 2015, plaintiffs filed a motion for reconsideration of the District Court’s memorandum, opinion and order, which defendants have opposed. The Company’s management believes these claims are entirely without merit and intends to vigorously defend this action. As described below, the Company will be indemnified by 21st Century Fox for certain payments made by the Company that relate to, or arise from, the U.K. Newspaper Matters (as defined below), including all payments in connection with the Wilder Litigation. In addition, civil claims have been brought against the Company with respect to, among other things, voicemail interception and inappropriate payments to public officials at the Company’s former publication, The News of the World The Sun In connection with the Separation, the Company and 21st Century Fox agreed in the Separation and Distribution Agreement that 21st Century Fox would indemnify the Company for payments made after the Distribution Date arising out of civil claims and investigations relating to the U.K. Newspaper Matters as well as legal and professional fees and expenses paid in connection with the previously concluded criminal matters, other than fees, expenses and costs relating to employees (i) who are not directors, officers or certain designated employees or (ii) with respect to civil matters, who are not co-defendants with the Company or 21st Century Fox. 21st Century Fox’s indemnification obligations with respect to these matters will be settled on an after-tax basis. The Company incurred gross legal and professional fees related to the U.K. Newspaper Matters and costs for civil settlements totaling approximately $42 million, $101 million and $169 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. These costs are included in Selling, general and administrative expenses in the Company’s Statements of Operations. With respect to the fees and costs incurred during the fiscal years ended June 30, 2016, 2015 and 2014, the Company has been or will be indemnified by 21st Century Fox for $23 million, net of tax, $51 million, net of tax and $97 million, net of tax, respectively, pursuant to the indemnification arrangements described above. Accordingly, the Company recorded a contra expense in Selling, general and administrative expenses for the after-tax costs that were or will be indemnified of $23 million, $51 million and $97 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively, and recorded a corresponding receivable from 21st Century Fox. Therefore, the net impact on Selling, general and administrative expenses was $19 million, $50 million and $72 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Refer to the table below for the net impact of the U.K. Newspaper Matters on Selling, general and administrative expenses recorded in the Statements of Operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Gross legal and professional fees related to the U.K. Newspaper Matters $ 42 $ 101 $ 169 Indemnification from 21st Century Fox (23 ) (51 ) (97 ) Net impact on Selling, general and administrative expenses $ 19 $ 50 $ 72 As of June 30, 2016, the Company has provided for its best estimate of the liability for the claims that have been filed and costs incurred, including liabilities associated with employment taxes, and has accrued approximately $99 million, of which approximately $55 million will be indemnified by 21st Century Fox, and a corresponding receivable was recorded in Other current assets on the Balance Sheet as of June 30, 2016. It is not possible to estimate the liability or corresponding receivable for any additional claims that may be filed given the information that is currently available to the Company. If more claims are filed and additional information becomes available, the Company will update the liability provision and corresponding receivable for such matters. The Company is not able to predict the ultimate outcome or cost of the civil claims. It is possible that these proceedings and any adverse resolution thereof could damage its reputation, impair its ability to conduct its business and adversely affect its results of operations and financial condition. News America Marketing In-Store Marketing and FSI Purchasers On April 8, 2014, in connection with a pending action in the U.S. District Court for the Southern District of New York in which The Dial Corporation, Henkel Consumer Goods, Inc., H.J. Heinz Company, H.J. Heinz Company, L.P., Foster Poultry Farms, Smithfield Foods, Inc., HP Hood LLC and BEF Foods, Inc. (collectively, the “Named Plaintiffs”) alleged various claims under federal and state antitrust law against News Corporation, News America Incorporated (“NAI”), News America Marketing FSI L.L.C. (“NAM FSI”) and News America Marketing In-Store Services L.L.C. (“NAM In-Store Services” and, together with News Corporation, NAI and NAM FSI, the “NAM Group”), the Named Plaintiffs filed a fourth amended complaint on consent of the parties. The fourth amended complaint asserted federal and state antitrust claims both individually and on behalf of two putative classes in connection with the purchase of in-store marketing services and free-standing insert coupons. The complaint sought treble damages, injunctive relief and attorneys’ fees. On August 11, 2014, the Named Plaintiffs filed a motion seeking certification of a class of all persons residing in the United States who purchased in-store marketing services on or after April 5, 2008 and did not purchase those services pursuant to contracts with mandatory arbitration clauses. On June 18, 2015, the District Court granted the Named Plaintiffs’ motion, although it subsequently amended the start date of the claim period to April 26, 2009. On September 10, 2015, the District Court granted a stipulation dismissing with prejudice the Named Plaintiffs’ claims relating to free-standing insert coupons. Trial began on February 29, 2016, and on such date, the parties agreed to settle the litigation. Under the terms of the settlement, which remains subject to District Court approval, the NAM Group agreed, among other things, to pay the plaintiffs and their attorneys approximately $250 million, and the parties agreed to dismiss the litigation with prejudice. The District Court has scheduled a final settlement approval hearing for September 21, 2016. The NAM Group also settled related claims for approximately $30 million. As a result, the Company recorded one-time costs of approximately $280 million for the fiscal year ended June 30, 2016 in NAM Group and Zillow settlements, net in the Company’s Statement of Operations. Valassis Communications, Inc. On November 8, 2013, Valassis Communications, Inc. (“Valassis”) initiated legal proceedings against certain of the Company’s subsidiaries alleging violations of various antitrust laws. These proceedings are described in further detail below. • Valassis previously initiated an action against NAI, NAM FSI and NAM In-Store Services (collectively, the “NAM Parties”), captioned Valassis Communications, Inc. v. News America Incorporated, et al., No. 2:06-cv-10240 (E.D. Mich.) (“Valassis I”), alleging violations of federal antitrust laws, which was settled in February 2010. On November 8, 2013, Valassis filed a motion for expedited discovery in the previously settled case based on its belief that defendants had engaged in activities prohibited under an order issued by the U.S. District Court for the Eastern District of Michigan in connection with the parties’ settlement, which motion was granted by the magistrate judge. Valassis subsequently filed a Notice of Violation of an order issued by the District Court in Valassis I. The Notice contained allegations that were substantially similar to the allegations Valassis made in Valassis II, described below, and sought treble damages, injunctive relief and attorneys’ fees. The Notice also re-asserted claims of unlawful bundling and tying which the magistrate judge had previously recommended be dismissed from Valassis II on the grounds that such claims could only be brought before a panel of antitrust experts previously appointed in Valassis I (the “Antitrust Expert Panel”). On March 2, 2015, the NAM Parties filed a motion to refer the Notice to the Antitrust Expert Panel or, in the alternative, strike the Notice. The District Court granted the NAM Parties’ motion in part on March 30, 2016 and ordered that the Notice be referred to the Antitrust Expert Panel. The District Court further ordered that the case be administratively closed and that it may be re-opened following proceedings before the Antitrust Expert Panel. • On November 8, 2013, Valassis also filed a new complaint in the U.S. District Court for the Eastern District of Michigan against the NAM Group alleging violations of federal and state antitrust laws and common law business torts (“Valassis II”). The complaint sought treble damages, injunctive relief and attorneys’ fees and costs. On December 19, 2013, the NAM Group filed a motion to dismiss the newly filed complaint. The District Court referred the NAM Group’s motion to dismiss to the magistrate judge for determination, and on July 16, 2014, the magistrate judge recommended that the District Court grant the NAM Group’s motion in part with respect to certain claims regarding alleged bundling and tying conduct and stay the remainder of the action. On March 30, 2016, the District Court adopted in part the magistrate judge’s recommendation. The District Court ordered that Valassis’s bundling and tying claims be dismissed without prejudice to Valassis’s rights to pursue relief for those claims in Valassis I. The District Court sustained Valassis’s objection to the stay of Valassis II, but further ordered that all remaining claims in the NAM Group’s motion to dismiss be referred to the Antitrust Expert Panel. The District Court further ordered that the case be administratively closed and that it may be re-opened following proceedings before the Antitrust Expert Panel. On May 17, 2016, the District Court held a status conference to discuss the referral to the Antitrust Expert Panel in both Valassis I and Valassis II. While it is not possible at this time to predict with any degree of certainty the ultimate outcome of these actions, the NAM Group believes it has been compliant with applicable laws and intends to defend itself vigorously in both actions. Zillow Settlement In March 2014, Move, the National Association of Realtors ® Other The Company’s operations are subject to tax in various domestic and international jurisdictions and as a matter of course, it is regularly audited by federal, state and foreign tax authorities. The Company believes it has appropriately accrued for the expected outcome of all pending tax matters and does not currently anticipate that the ultimate resolution of pending tax matters will have a material adverse effect on its financial condition, future results of operations or liquidity. As subsidiaries of 21st Century Fox prior to the Separation, the Company and each of its domestic subsidiaries have joint and several liability with 21st Century Fox for the consolidated U.S. federal income taxes of the 21st Century Fox consolidated group relating to any taxable periods during which the Company or any of the Company’s domestic subsidiaries were a member of the 21st Century Fox consolidated group. Consequently, the Company could be liable in the event any such liability is incurred, and not discharged, by any other member of the 21st Century Fox consolidated group. In conjunction with the Separation, the Company entered into the Tax Sharing and Indemnification Agreement with 21st Century Fox, which requires 21st Century Fox to indemnify the Company for any such liability. Disputes or assessments could arise during future audits by the IRS or other taxing authorities in amounts that the Company cannot quantify

Retirement Benefit Obligations

Retirement Benefit Obligations	12 Months Ended
	Jun. 30, 2016
Postemployment Benefits [Abstract]
Retirement Benefit Obligations	NOTE 16. RETIREMENT BENEFIT OBLIGATIONS The Company’s employees participate in various defined benefit pension and postretirement plans sponsored by the Company and its subsidiaries. Plans in the U.S., U.K., Australia, and Canada are accounted for as defined benefit pension plans. Accordingly, the funded and unfunded position of each plan is recorded in the Balance Sheets. Actuarial gains and losses that have not yet been recognized through income are recorded in Accumulated other comprehensive (loss) income, net of taxes, until they are amortized as a component of net periodic benefit cost. The determination of benefit obligations and the recognition of expenses related to the plans are dependent on various assumptions. The major assumptions primarily relate to discount rates, expected long-term rates of return on plan assets and mortality rates. Management develops each assumption using relevant company experience in conjunction with market-related data for each individual country in which such plans exist. The funded status of the plans can change from year to year, but the assets of the funded plans have been sufficient to pay all benefits that came due in each of fiscal 2016, 2015, and 2014. Summary of Funded Status The Company uses a June 30 measurement date for all pension and postretirement benefit plans. The combined domestic and foreign pension and postretirement plans resulted in a net pension and postretirement benefits liability of $356 million and $281 million at June 30, 2016 and 2015, respectively. The Company recognized these amounts in the Balance Sheets at June 30, 2016 and June 30, 2015 as follows: Pension Benefits Domestic Foreign Postretirement benefits Total As of June 30, 2016 2015 2016 2015 2016 2015 2016 2015 (in millions) Other non-current assets $ — $ — $ 4 $ 36 $ — $ — $ 4 $ 36 Other current liabilities — — (1 ) (1 ) (9 ) (11 ) (10 ) (12 ) Retirement benefit obligations (109 ) (80 ) (124 ) (103 ) (117 ) (122 ) (350 ) (305 ) Net amount recognized $ (109 ) $ (80 ) $ (121 ) $ (68 ) $ (126 ) $ (133 ) $ (356 ) $ (281 ) The following table sets forth the change in the projected benefit obligation, change in the fair value of the Company’s plan assets and funded status: Pension Benefits Domestic Foreign Postretirement Benefits Total As of June 30, 2016 2015 2016 2015 2016 2015 2016 2015 (in millions) Projected benefit obligation, beginning of the year $ 382 $ 350 $ 1,272 $ 1,252 $ 133 $ 150 $ 1,787 $ 1,752 Service cost — 1 10 11 — — 10 12 Interest cost 17 17 44 49 5 6 66 72 Benefits paid (18 ) (16 ) (55 ) (58 ) (8 ) (9 ) (81 ) (83 ) Settlements (a) (11 ) (9 ) (33 ) — — — (44 ) (9 ) Actuarial loss/(gain) (b) 28 10 153 85 (2 ) (13 ) 179 82 Foreign exchange rate changes — — (188 ) (122 ) (2 ) (1 ) (190 ) (123 ) Plan curtailments (2 ) — (2 ) — — — (4 ) — Amendments, transfers and other (c) — 29 — 55 — — — 84 Projected benefit obligation, end of the year 396 382 1,201 1,272 126 133 1,723 1,787 Change in the fair value of plan assets for the Company’s benefit plans: Fair value of plan assets, beginning of the year 302 301 1,204 1,234 — — 1,506 1,535 Actual return on plan assets 14 5 107 91 — — 121 96 Employer contributions — — 26 9 — — 26 9 Benefits paid (18 ) (16 ) (55 ) (58 ) — — (73 ) (74 ) Settlements (a) (11 ) (9 ) (33 ) — — — (44 ) (9 ) Foreign exchange rate changes — — (169 ) (120 ) — — (169 ) (120 ) Amendments, transfers and other (c) — 21 — 48 — — — 69 Fair value of plan assets, end of the year 287 302 1,080 1,204 — — 1,367 1,506 Funded status $ (109 ) $ (80 ) $ (121 ) $ (68 ) $ (126 ) $ (133 ) $ (356 ) $ (281 ) (a) Amounts related to payments made to former employees of the Company in full settlement of their deferred pension benefits. (b) Fiscal 2016 actuarial losses for the Company’s pension plans are primarily related to the reduction in discount rates used in measuring plan obligations as of June 30, 2016. Fiscal 2016 actuarial gains related to postretirement benefits primarily relate to favorable changes in plan demographics. Fiscal 2015 actuarial losses for domestic pension plans are primarily related to the strengthening of the mortality tables utilized in measuring plan obligations as of June 30, 2015. Fiscal 2015 actuarial losses for foreign pension plans are primarily related to changes in the discount rate utilized in measuring the plan obligations as of June 30, 2015. Fiscal 2015 actuarial gains related to postretirement benefits primarily relate to changes in plan demographics. (c) For fiscal 2015, the increase in the Company’s pension benefit obligation and plan assets relates to the acquisition of Harlequin and the assumption of Harlequin’s defined benefit pension plans which resulted in an increase in the Company’s net pension liability of approximately $15 million. Amounts recognized in Accumulated other comprehensive (loss) income consist of: Pension Benefits Postretirement Total Domestic Foreign As of June 30, 2016 2015 2016 2015 2016 2015 2016 2015 (in millions) Actuarial losses (gains) $ 158 $ 131 $ 452 $ 439 $ 2 $ 4 $ 612 $ 574 Prior service (benefit) cost — — — — (34 ) (41 ) (34 ) (41 ) Net amounts recognized $ 158 $ 131 $ 452 $ 439 $ (32 ) $ (37 ) $ 578 $ 533 Amounts in Accumulated other comprehensive (loss) income expected to be recognized as a component of net periodic pension cost in fiscal 2017: Pension Benefits Postretirement Total Domestic Foreign As of June 30, 2016 (in millions) Actuarial losses (gains) $ 5 $ 17 $ — $ 22 Prior service (benefit) cost — — (4 ) (4 ) Net amounts recognized $ 5 $ 17 $ (4 ) $ 18 Accumulated pension benefit obligations as of June 30, 2016 and 2015 were $1,588 million and $1,639 million, respectively. Below is information about funded and unfunded pension plans. Domestic Pension Benefits Funded Plans Unfunded Plans Total As of June 30, 2016 2015 2016 2015 2016 2015 (in millions) Projected benefit obligation $ 383 $ 370 $ 13 $ 12 $ 396 $ 382 Accumulated benefit obligation 383 368 13 12 396 380 Fair value of plan assets 287 302 — — 287 302 Foreign Pension Benefits Funded Plans Unfunded Plans Total As of June 30, 2016 2015 2016 2015 2016 2015 (in millions) Projected benefit obligation $ 1,131 $ 1,198 $ 70 $ 74 $ 1,201 $ 1,272 Accumulated benefit obligation 1,122 1,185 70 74 1,192 1,259 Fair value of plan assets 1,080 1,204 — — 1,080 1,204 The accumulated benefit obligation exceeds the fair value of plan assets for all domestic pension plans. Below is information about foreign pension plans in which the accumulated benefit obligation exceeds the fair value of the plan assets. Funded Plans Unfunded Plans Total As of June 30, 2016 2015 2016 2015 2016 2015 (in millions) Projected benefit obligation $ 821 $ 550 $ 70 $ 74 $ 891 $ 624 Accumulated benefit obligation 821 549 70 74 891 623 Fair value of plan assets 773 525 — — 773 525 Summary of Net Periodic Benefit Costs The Company recorded $8 million, ($4) million and $7 million in net periodic benefit costs (income) in the Statements of Operations for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Beginning in fiscal 2017, the Company will change the method used to estimate the service and interest cost components of net periodic benefit costs (income) for its pension and other postretirement benefit plans. For fiscal 2016 and previous periods presented, the Company estimated the service and interest cost components utilizing a single weighted-average discount rate for each country derived from a yield curve used to measure the benefit obligation. The new method utilizes a full yield curve approach in the estimation of these components by applying the specific spot rates along the yield curve used in the determination of the benefit obligation to their underlying projected cash flows. The Company changed to the new method to provide a more precise measurement of service and interest costs by improving the correlation between projected benefit cash flows and their corresponding spot rates. The change is accounted for as a change in accounting estimate which is applied prospectively. This change in estimate is not expected to have a material impact on the Company’s pension and postretirement net periodic benefit expense in future periods. The amortization of amounts related to unrecognized prior service costs (credits) and deferred losses were reclassified out of Other comprehensive income as a component of net periodic benefit costs. The components of net periodic benefits costs were as follows: Pension Benefits Domestic Foreign Postretirement Benefits Total For the fiscal years ended June 30, 2016 2015 2014 2016 2015 2014 2016 2015 2014 2016 2015 2014 (in millions) Service cost benefits earned during the period $ — $ 1 $ 4 $ 10 $ 11 $ 12 $ — $ — $ 1 $ 10 $ 12 $ 17 Interest costs on projected benefit obligations 17 17 16 44 49 51 5 6 7 66 72 74 Expected return on plan assets (19 ) (22 ) (17 ) (62 ) (71 ) (76 ) — — — (81 ) (93 ) (93 ) Amortization of deferred losses 4 3 4 14 13 12 — — (1 ) 18 16 15 Amortization of prior service costs — — — — — — (7 ) (13 ) (13 ) (7 ) (13 ) (13 ) Settlements, curtailments and other — 2 4 2 — 3 — — — 2 2 7 Net periodic benefits costs- Total $ 2 $ 1 $ 11 $ 8 $ 2 $ 2 $ (2 ) $ (7 ) $ (6 ) $ 8 $ (4 ) $ 7 Pension Benefits Domestic Foreign Postretirement Benefits For the fiscal years ended June 30, 2016 2015 2014 2016 2015 2014 2016 2015 2014 Additional information: Weighted-average assumptions used to determine benefit obligations Discount rate 3.7 % 4.5 % 4.5 % 2.9 % 3.7 % 4.2 % 3.4 % 4.2 % 4.0 % Rate of increase in future compensation N/A 3.0 % N/A 2.7 % 2.9 % 3.6 % N/A N/A N/A Weighted-average assumptions used to determine net periodic benefit cost Discount rate 4.5 % 4.5 % 5.0 % 3.7 % 4.2 % 4.5 % 4.2 % 4.0 % 4.7 % Expected return on plan assets 6.5 % 7.0 % 7.0 % 5.5 % 6.2 % 6.8 % N/A N/A N/A Rate of increase in future compensation 3.0 % 3.0 % 5.3 % 2.9 % 3.6 % 3.7 % N/A N/A N/A N/A – not applicable The following assumed health care cost trend rates as of June 30 were also used in accounting for postretirement benefits: Postretirement benefits Fiscal 2016 Fiscal 2015 Health care cost trend rate 6.7 % 6.6 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.5 % 4.6 % Year that the rate reaches the ultimate trend rate 2028 2027 Assumed health care cost trend rates could have a significant effect on the amounts reported for the postretirement health care plan. The effect of a one percentage point increase and one percentage point decrease in the assumed health care cost trend rate would have the following effects on the results for fiscal 2016: Service and Benefit (in millions) One percentage point increase $ 1 $ 12 One percentage point decrease $ — $ (11 ) The following table sets forth the estimated benefit payments for the next five fiscal years, and in aggregate for the five fiscal years thereafter. The expected benefits are estimated based on the same assumptions used to measure the Company’s benefit obligation at the end of the fiscal year and include benefits attributable to estimated future employee service: Expected Benefit Payments Pension Benefits Postretirement Total Domestic Foreign (in millions) Fiscal year: 2017 $ 24 47 9 $ 80 2018 21 48 9 78 2019 20 50 9 79 2020 20 53 9 82 2021 21 54 9 84 2022-2026 107 292 41 440 Plan Assets The Company applies the provisions of ASC 715, which requires disclosures including: (i) investment policies and strategies; (ii) the major categories of plan assets; (iii) the inputs and valuation techniques used to measure plan assets; (iv) the effect of fair value measurements using significant unobservable inputs on changes in plan assets for the period; and (v) significant concentrations of risk within plan assets. The table below presents the Company’s plan assets by level within the fair value hierarchy, as described in Note 2 – Summary of Significant Accounting Policies, as of June 30, 2016 and 2015: As of June 30, 2016 As of June 30, 2015 Total Fair Value Measurements at Fair Value Measurements at Description Level 1 Level 2 Level 3 NAV Total Level 1 Level 2 Level 3 NAV (in millions) Assets Short-term investments $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Pooled funds: (a) Money market funds — — — — — 4 — 4 — — Domestic equity funds 81 — — — 81 88 — — — 88 International equity funds 244 — — — 244 312 — — — 312 Domestic fixed income funds 160 — — — 160 162 — — — 162 International fixed income funds 618 — — — 618 585 — — — 585 Balanced funds 251 — 57 — 194 337 — 73 — 264 Other 13 2 — 11 — 18 6 — 12 — Total $ 1,367 $ 2 $ 57 $ 11 $ 1,297 $ 1,506 $ 6 $ 77 $ 12 $ 1,411 (a) Open-ended pooled funds that are registered and/or available to the general public are valued at the daily published net asset value (“NAV”). Other pooled funds are valued at the NAV provided by the fund issuer. The table below sets forth a summary of changes in the fair value of investments reflected as Level 3 assets as of June 30, 2016 and 2015: Level 3 (in millions) Balance, June 30, 2014 $ 12 Actual return on plan assets: Relating to assets still held at end of period 1 Relating to assets sold during the period — Purchases, sales, settlements and issuances (1 ) Transfers in and out of Level 3 — Balance, June 30, 2015 $ 12 Actual return on plan assets: Relating to assets still held at end of period — Relating to assets sold during the period — Purchases, sales, settlements and issuances (1 ) Transfers in and out of Level 3 — Balance, June 30, 2016 $ 11 The Company’s investment strategy for its pension plans is to maximize the long-term rate of return on plan assets within an acceptable level of risk in order to minimize the cost of providing pension benefits while maintaining adequate funding levels. The Company’s practice is to conduct a periodic strategic review of its asset allocation. The Company’s current broad strategic targets are to have a pension asset portfolio comprised of 26% equity securities, 62% fixed income securities and 12% in cash and other investments. In developing the expected long-term rate of return, the Company considered the pension asset portfolio’s past average rate of returns and future return expectations of the various asset classes. A portion of the other allocation is reserved in short-term cash to provide for expected benefits to be paid in the short term. The Company’s equity portfolios are managed in such a way as to achieve optimal diversity. The Company’s fixed income portfolio is investment grade in the aggregate. The Company does not manage any assets internally. The Company’s benefit plan weighted-average asset allocations, by asset category, are as follows: Pension benefits As of June 30, 2016 2015 Asset Category: Equity securities 26 % 29 % Debt securities 62 % 55 % Cash and other 12 % 16 % Total 100 % 100 % Required pension plan contributions for the next fiscal year are expected to be approximately $25 million; however, actual contributions may be affected by pension asset and liability valuation changes during the year. The Company will continue to make voluntary contributions as necessary to improve funded status.

Other Postretirement Benefits

Other Postretirement Benefits	12 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Other Postretirement Benefits	NOTE 17. OTHER POSTRETIREMENT BENEFITS Multiemployer Pension and Postretirement Plans The Company contributes to various multiemployer defined benefit pension plans under the terms of collective-bargaining agreements that cover certain of its union-represented employees, primarily at the newspaper businesses. The risks of participating in these multiemployer pension plans are different from single-employer pension plans in that (i) contributions made by the Company to the multiemployer pension plans may be used to provide benefits to employees of other participating employers; (ii) if the Company chooses to stop participating in certain of these multiemployer pension plans, it may be required to pay those plans an amount based on the underfunded status of the plan, which is referred to as a withdrawal liability; and (iii) actions taken by a participating employer that lead to a deterioration of the financial health of a multiemployer pension plan may result in the unfunded obligations of the multiemployer pension plan being borne by its remaining participating employers. While no multiemployer pension plan that the Company contributed to is individually significant to the Company, the Company was listed on certain Form 5500s as providing more than 5% of total contributions based on the current information available. The financial health of a multiemployer plan is indicated by the zone status, as defined by the Pension Protection Act of 2006, which represents the funded status of the plan as certified by the plan’s actuary. In general, plans in the red zone are less than 65% funded, plans in the yellow zone are between 65% and 80% funded, and plans in the green zone are at least 80% funded. The funded status of the plans which the Company was listed as providing more than 5% of total contributions reported green zone status for the most recent available plan year. Total contributions made by the Company to multiemployer pension plans for the fiscal years ended June 30, 2016, 2015 and 2014 were approximately $5 million. Defined Contribution Plans The Company has defined contribution plans for the benefit of substantially all employees meeting certain eligibility requirements. Employer contributions to such plans were $132 million, $138 million and $133 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Deferred Compensation Plan The Company has non-qualified deferred compensation plans for the benefit of certain management employees. The investment funds offered to the participants generally correspond to the funds offered in the Company’s 401(k) plan, and the account balance fluctuates with the investment returns on those funds. The unfunded obligation of the plans included in Other liabilities as of June 30, 2016 and 2015 were $36 million, and the majority of these plans are closed to new employees.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 18. INCOME TAXES Income (loss) before income tax (benefit) expense was attributable to the following jurisdictions: For the fiscal years ended June 30, 2016 2015 2014 (a) (in millions) U.S. $ (125 ) $ 148 $ (602 ) Foreign 306 404 424 Income (loss) before income tax (benefit) expense $ 181 $ 552 $ (178 ) (a) See Discussion of Foreign Tax Refund below. The significant components of the Company’s income tax (benefit) expense were as follows: For the fiscal years ended June 30, 2016 2015 2014 (a) (in millions) Current: U.S. Federal $ 15 $ 35 $ 86 State & local 5 11 (19 ) Foreign 102 135 (734 ) Total current tax 122 181 (667 ) Deferred: U.S. Federal (71 ) 16 19 State & local (106 ) 1 12 Foreign 1 (13 ) 22 Total deferred tax (176 ) 4 53 Total income tax (benefit) expense $ (54 ) (b) $ 185 $ (614 ) (a) See Discussion of Foreign Tax Refund below. (b) The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. In addition, a tax benefit of $30 million related to the current year operations of the Digital Education segment was recorded to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. The tax (benefit) expense shown above excludes the tax benefit of the Company’s digital education business. The Company will not have a current federal tax expense after accounting for the current federal tax benefits attributed to discontinued operations. Foreign Tax Refund The Company filed refund claims for certain losses pertaining to periods prior to the Separation in a foreign jurisdiction that were subject to litigation. During fiscal 2014, the litigation was resolved in favor of the Company and as a result, the Company received approximately $794 million for the gross tax refund and interest owed to the Company by the foreign tax authority. The Company recorded a tax benefit, net of applicable taxes on interest, of $721 million for the fiscal year ended June 30, 2014 to Income tax benefit (expense) in the Statements of Operations. Refunds received related to these matters were paid to 21st Century Fox, net of applicable taxes on interest, in accordance with the terms of the Tax Sharing and Indemnification Agreement. Accordingly, for the fiscal year ended June 30, 2014, the Company recorded an expense to Other, net of $721 million for the payment to 21st Century Fox in the Statements of Operations which is included in U.S. pre-tax book income in the table of jurisdictional earnings above. Refer to the table below for the net impact of the tax refund and interest, net of tax, recorded in the Statements of Operations: For the fiscal year (in millions) Other, net $ (721 ) Income tax benefit (expense) 721 Net impact to the Statement of Operations $ — The reconciliation between the Company’s actual effective tax rate and the statutory U.S. Federal income tax rate of 35% was: For the fiscal years ended June 30, 2016 2015 2014 U.S. Federal income tax rate 35 % 35 % 35 % State and local taxes, net (8 ) 1 3 Effect of foreign operations (a) (1 ) (2 ) 38 Foreign tax refund received (b) — — 405 Foreign tax refund paid to 21st Century Fox (b) — — (142 ) Change in valuation allowance (c) (62 ) — — Non-deductible compensation and benefits 3 1 — R&D credits (2 ) (1 ) 2 Other, net 5 — 4 Effective tax rate (d) (30 )% 34 % 345 % (a) The Company’s foreign operations are located primarily in Australia and the United Kingdom (“U.K.”) which have lower income tax rates than the U.S. For the fiscal years ended June 30, 2016 and June 30, 2015, the effect of foreign operations at lower tax rates decreased the Company’s effective tax rate 1% and 2%, respectively, as the Company recorded pre-tax book income on a consolidated basis. For the year ended June 30, 2014, the effect of foreign operations at lower tax rates increased the Company’s effective tax rate 38% as the Company recorded pre-tax book loss on a consolidated basis. (b) The Company recorded a tax benefit, net of applicable taxes on interest, of $721 million for the fiscal year ended June 30, 2014 to Income tax benefit (expense) in the Statements of Operations related to certain foreign tax refunds received. See the discussion of Foreign Tax Refund above. The tax benefit related to these refunds increased our effective tax rate 405%. These foreign tax refunds received were paid to 21st Century Fox, net of applicable taxes on interest, in accordance with the terms of the Tax Sharing and Indemnification Agreement. Accordingly, for the fiscal year ended June 30, 2014, the Company recorded an expense to Other, net of approximately $721 million for the payment to 21st Century Fox in the Statements of Operations. This expense is a non-deductible item the tax effect of which is approximately $252 million and reflected as a decrease of approximately 142% in our effective tax rate. (c) Included in the change in valuation allowance is a tax benefit of $106 million related to the release of previously established valuation allowances related to certain U.S. Federal net operating losses and state deferred tax assets. This benefit was recognized in conjunction with management’s plan to dispose of the Company’s digital education business during fiscal 2016, as the Company now expects to generate sufficient U.S. taxable income to utilize these deferred tax assets prior to expiration. Total tax benefits related to the release of valuation allowances decreased our effective tax rate by 62%. (d) For the fiscal year ended June 30, 2016, the effective tax rate of (30%) represents income tax benefit when compared to consolidated pre-tax book income. For the fiscal year ended June 30, 2015, the effective tax rate of 34% represents an income tax expense when compared to consolidated pre-tax book income. For the fiscal year ended June 30, 2014, the effective tax rate of 345% represents an income tax benefit when compared to consolidated pre-tax book loss. As a result, certain reconciling items between the U.S. federal income tax rate and the Company’s effective tax rate may have the opposite impact. The Company recognized current and deferred income taxes in the Balance Sheets at June 30, 2016 and 2015, respectively: As of June 30, 2016 2015 (a) (in millions) Other current assets $ — $ 63 Deferred income tax assets 602 219 Other current liabilities — (1 ) Deferred income tax liabilities (171 ) (166 ) Net deferred tax assets $ 431 $ 115 (a) In fiscal 2016, the Company early-adopted ASU 2015-17, “Balance Sheet Classification of Deferred Taxes”, which requires that deferred income tax liabilities and assets be classified as non-current in the Consolidated Balance Sheet. As such, the requirement under prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheet has been eliminated. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17. The significant components of the Company’s deferred tax assets and liabilities were as follows: As of June 30, 2016 2015 (in millions) Deferred tax assets: Accrued liabilities $ 185 $ 56 Capital loss carryforwards 803 892 Retirement benefit obligations 112 85 Net operating loss carryforwards 580 540 Business credits 38 46 Other 234 310 Total deferred tax assets 1,952 1,929 Deferred tax liabilities: Asset basis difference and amortization (442 ) (465 ) Other (65 ) (41 ) Total deferred tax liabilities (507 ) (506 ) Net deferred tax asset before valuation allowance 1,445 1,423 Less: valuation allowance (See Note 21 - Valuation and Qualifying Accounts) (1,014 ) (1,308 ) Net deferred tax assets $ 431 $ 115 As of June 30, 2016, the Company had income tax Net Operating Loss Carryforwards (NOLs) (gross, net of uncertain tax benefits), in various jurisdictions as follows: Jurisdiction Expiration Amount (in millions) U.S. Federal 2021 to 2036 $ 858 U.S. States Various 581 Australia Indefinite 452 U.K. Indefinite 134 Other Foreign Various 346 Utilization of the NOLs is dependent on generating sufficient taxable income from our operations in each of the respective jurisdictions to which the NOLs relate, while taking into account limitations and/or restrictions on our ability to use them. Certain of our U.S. Federal NOLs were acquired as part of the acquisitions of Move and Harlequin and are subject to limitations as promulgated under Section 382 of the Code. Section 382 of the Code limits the amount of acquired NOLs that we can use on an annual basis to offset future U.S. consolidated taxable income. The NOLs are also subject to review by relevant tax authorities in the jurisdictions to which they relate. The Company recorded a deferred tax asset of $580 million and $540 million (net of approximately $53 million and $95 million, respectively, of unrecognized tax benefits) associated with its NOLs as of June 30, 2016 and 2015, respectively. Significant judgment is applied in assessing our ability to realize our NOLs and other tax assets. Management assesses the available positive and negative evidence to estimate if sufficient future taxable income will be generated to utilize existing deferred tax assets within the applicable expiration period. On the basis of this evaluation, valuation allowances of $97 million and $304 million have been established to reduce the deferred tax asset associated with the Company’s NOLs to an amount that will more likely than not be realized as of June 30, 2016 and 2015, respectively. The amount of the NOL deferred tax asset considered realizable, however, could be adjusted if estimates of future taxable income during the carryforward period are reduced or if objective negative evidence in the form of cumulative losses occurs. As of June 30, 2016, the Company had approximately $1.6 billion and $1.7 billion of capital loss carryforwards in Australia and the U.K., respectively, which may be carried forward indefinitely and which are subject to tax authority review. Realization of our capital losses is dependent on generating capital gain taxable income and satisfying certain continuity of business requirements. The Company recorded a deferred tax asset of $803 million and $892 million as of June 30, 2016 and 2015, respectively for these capital loss carryforwards, however, it is more likely than not that the Company will not generate capital gain income in the normal course of business in these jurisdictions. Accordingly, valuation allowances of $803 million and $892 million have been established to reduce the capital loss carryforward deferred tax asset to an amount that will more likely than not be realized as of June 30, 2016 and 2015, respectively. As of June 30, 2016, the Company had approximately $26 million of U.S. Federal tax credit carryforward which includes $22 million of foreign tax credits and $4 million of research & development credits which begin to expire in 2025 and 2036, respectively. As of June 30, 2016, the Company had approximately $5 million of non-U.S. tax credit carryforwards which expire in various amounts beginning in 2025 and $8 million of state tax credit carryforwards (net of U.S. federal benefit), of which the balance can be carried forward indefinitely. In accordance with the Company’s accounting policy, a valuation allowance of $5 million has been established to reduce the deferred tax asset associated with the Company’s non-U.S. and state credit carryforwards to an amount that will more likely than not be realized as of June 30, 2016. Tax Sharing and Indemnification Agreement The Company entered into a Tax Sharing and Indemnification Agreement with 21st Century Fox that governs the Company’s and 21st Century Fox’s respective rights, responsibilities, and obligations with respect to tax liabilities and benefits, tax attributes, tax contests and other matters regarding income taxes, non-income taxes and related tax returns. Among other matters, as subsidiaries of 21st Century Fox prior to the Separation, the Company and each of its domestic subsidiaries have joint and several liability with 21st Century Fox for the consolidated U.S. federal income taxes of the 21st Century Fox consolidated group relating to any taxable periods during which the Company or any of such subsidiaries were a member of the 21st Century Fox consolidated group. Under the Tax Sharing and Indemnification Agreement, 21st Century Fox will indemnify the Company for any such liability. The Tax Sharing and Indemnification Agreement provides that the Company will generally indemnify 21st Century Fox against taxes attributable to the Company’s assets or operations for all tax periods or portions thereof after the Separation. For taxable periods or portions thereof prior to the Separation, 21st Century Fox will generally indemnify the Company against U.S. consolidated taxes attributable to such periods, and the Company will indemnify 21st Century Fox against the Company’s separately filed U.S., state, and foreign taxes and foreign consolidated taxes for such periods. Uncertain Tax Positions The following table sets forth the change in the Company’s unrecognized tax benefits, excluding interest and penalties: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Balance, beginning of period $ 129 $ 58 $ 127 Additions for prior year tax positions 6 79 39 Additions for current year tax positions 4 4 5 Reduction for prior year tax positions (40 ) (7 ) (114 ) Lapse of the statute of limitations (2 ) — — Cash settlements (2 ) — — Impact of currency translations (9 ) (5 ) 1 Balance, end of period $ 86 $ 129 $ 58 The Company recognizes interest and penalty charges related to unrecognized tax benefits as income tax expense, which is consistent with the recognition in prior reporting periods. The Company recognized a benefit related to interest of $1 million for the fiscal year ended June 30, 2016 and interest charges of $6 million and nil during the fiscal years ended June 30, 2015 and 2014, respectively. The Company recorded liabilities for accrued interest of approximately $6 million and $8 million as of June 30, 2016 and 2015, respectively. The Company’s tax returns are subject to on-going review and examination by various tax authorities. Tax authorities may not agree with the treatment of items reported in our tax returns, and therefore the outcome of tax reviews and examinations can be unpredictable. The Company is currently undergoing tax examinations in several states and foreign jurisdictions where the tax authorities are reviewing a range of prior year transactions which are at various stages of development. The Company believes it has appropriately accrued for the expected outcome of uncertain tax matters and believes such liabilities represent a reasonable provision for taxes ultimately expected to be paid, however, the Company may need to accrue additional income tax expense and our liability may need to be adjusted as new information becomes known and as these tax examinations continue to progress, or as settlements or litigations occur. The following is a summary of major tax jurisdictions for which tax authorities may assert additional taxes based upon tax years currently under audit and subsequent years that could be audited by the respective taxing authorities. Jurisdiction Fiscal Years Open to Examination U.S. Federal 2009-2015 U.S. States Various Australia 2010-2015 U.K. 2011-2015 It is reasonably possible that uncertain tax positions may increase or decrease in the next fiscal year, however, actual developments in this area could differ from those currently expected. As of June 30, 2016, approximately $54 million would affect the Company’s effective income tax rate, if and when recognized in future fiscal years. It is reasonably possible the amount of uncertain tax liabilities which may be resolved within the next fiscal year is between the range of approximately nil and $35 million. The Company has not provided for U.S. taxes on the undistributed earnings of foreign subsidiaries that are considered to be reinvested indefinitely. Calculation of the unrecognized deferred tax liability for temporary differences related to these earnings is not practicable. Undistributed earnings of foreign subsidiaries considered to be indefinitely reinvested amounted to approximately $2.7 billion as of June 30, 2016. The amount of undistributed earnings reflects adjustments related to the Separation from 21st Century Fox that were finalized with the filing of our income tax returns in periods after the Separation. During the fiscal years ended June 30, 2016, 2015 and 2014, the Company paid gross income taxes of $103 million, $134 million and $116 million, respectively, and received income tax refunds of $10 million, $8 million and $837 million, respectively. The income tax refunds for the fiscal year ended June 30, 2014 included the $794 million related to amounts received from a foreign tax authority as discussed above.

Segment Information

Segment Information	12 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	NOTE 19. SEGMENT INFORMATION The Company manages and reports its businesses in the following five segments: • News and Information Services The Wall Street Journal Barron ’ s The Australian, The Daily Telegraph, Herald Sun The Courier-Mail , The Times, The Sunday Times, The Sun The Sun on Sunday New York Post • Book Publishing The Hobbit Goodnight Moon To Kill a Mockingbird, Jesus Calling Divergent • Digital Real Estate Services Move, acquired in November 2014, is a leading provider of online real estate services in the U.S. and primarily operates realtor.com ® ® ® TM . The Company owns an 80% interest in Move, with the remaining 20% being held by REA Group. • Cable Network Programming • Other Segment EBITDA is defined as revenues less operating expenses, and selling, general and administrative expenses and excluding the impact from the NAM Group and Zillow legal settlements. Segment EBITDA does not include: Depreciation and amortization, impairment and restructuring charges, equity earnings of affiliates, interest, net, other, net, income tax benefit (expense) and net income attributable to noncontrolling interests. Segment EBITDA may not be comparable to similarly titled measures reported by other companies, since companies and investors may differ as to what items should be included in the calculation of Segment EBITDA. Segment EBITDA is the primary measure used by the Company’s chief operating decision maker to evaluate the performance of and allocate resources within the Company’s businesses. Segment EBITDA provides management, investors and equity analysts with a measure to analyze the operating performance of each of the Company’s business segments and its enterprise value against historical data and competitors’ data, although historical results may not be indicative of future results (as operating performance is highly contingent on many factors, including customer tastes and preferences). The Company believes that information about Segment EBITDA allows users of its Consolidated Financial Statements to evaluate changes in the operating results of the Company’s portfolio of businesses separate from non-operational factors that affect net income (loss), thus providing insight into both operations and the other factors that affect reported results. Total Segment EBITDA is a non-GAAP measure and should be considered in addition to, not as a substitute for, net income (loss), cash flow and other measures of financial performance reported in accordance with GAAP. In addition, this measure does not reflect cash available to fund requirements and excludes items, such as depreciation and amortization and impairment and restructuring charges, which are significant components in assessing the Company’s financial performance. The following table reconciles Total Segment EBITDA to income from continuing operations. For the fiscal years ended June 30, 2016 2015 2014 (in millions) Revenues: News and Information Services $ 5,338 $ 5,731 $ 6,153 Book Publishing 1,646 1,667 1,434 Digital Real Estate Services 822 625 408 Cable Network Programming 484 500 491 Other 2 1 — Total Revenues 8,292 8,524 8,486 Segment EBITDA: News and Information Services $ 214 $ 603 $ 665 Book Publishing 185 221 197 Digital Real Estate Services 344 201 214 Cable Network Programming 124 135 128 Other (183 ) (215 ) (241 ) Total Segment EBITDA 684 945 963 Depreciation and amortization (505 ) (498 ) (552 ) Impairment and restructuring charges (89 ) (84 ) (94 ) Equity earnings of affiliates 30 58 90 Interest, net 43 56 68 Other, net 18 75 (653 ) Income (loss) from continuing operations before income tax benefit (expense) 181 552 (178 ) Income tax benefit (expense) 54 (185 ) 614 Income from continuing operations $ 235 $ 367 $ 436 For the fiscal years ended June 30, 2016 2015 2014 (in millions) Depreciation and amortization: News and Information Services $ 347 $ 365 $ 458 Book Publishing 55 52 36 Digital Real Estate Services 69 44 20 Cable Network Programming 29 33 36 Other 5 4 2 Total Depreciation and amortization $ 505 $ 498 $ 552 For the fiscal years ended June 30, 2016 2015 2014 (in millions) Capital expenditures: News and Information Services $ 174 $ 238 $ 268 Book Publishing 9 12 52 Digital Real Estate Services 64 45 24 Cable Network Programming 8 7 7 Other 1 6 7 Total Capital expenditures $ 256 $ 308 $ 358 As of June 30, 2016 2015 (in millions) Total assets: News and Information Services $ 6,728 $ 6,749 Book Publishing 1,855 2,022 Digital Real Estate Services 2,158 1,278 Cable Network Programming 1,101 1,163 Other (a) 1,371 1,352 Investments 2,270 2,379 Assets held for sale — 92 Total assets $ 15,483 $ 15,035 (a) The Other segment primarily includes Cash and cash equivalents. As of June 30, 2016 2015 (in millions) Goodwill and intangible assets, net: News and Information Services $ 2,651 $ 2,593 Book Publishing 869 896 Digital Real Estate Services 1,499 835 Cable Network Programming 898 938 Other 4 4 Total goodwill and intangible assets, net $ 5,921 $ 5,266 Geographic Segments For the fiscal years ended June 30, 2016 2015 2014 (in millions) Revenues: (a) U.S. and Canada (b) $ 3,920 $ 3,808 $ 3,631 Europe (c) 1,873 1,982 2,045 Australasia and Other (d) 2,499 2,734 2,810 Total revenues $ 8,292 $ 8,524 $ 8,486 (a) Revenues are attributed to region based on location of customer. (b) Revenues include approximately $3.8 billion for fiscal 2016, $3.6 billion for fiscal 2015 and $3.5 billion for fiscal 2014 from customers in the U.S. (c) Revenues include approximately $1.5 billion for fiscal 2016, $1.6 billion for fiscal 2015 and $1.8 billion for fiscal 2014 from customers in the U.K. (d) Revenues include approximately $2.3 billion for fiscal 2016, $2.3 billion for fiscal 2015 and $2.6 billion for fiscal 2014 from customers in Australia. As of June 30, 2016 2015 (in millions) Long-lived assets: (a) U.S. and Canada $ 1,058 $ 1,097 Europe 939 1,201 Australasia and Other 804 859 Total long-lived assets $ 2,801 $ 3,157 (a) Reflects total assets less current assets, goodwill, intangible assets, investments and non-current deferred tax assets. There is no material reliance on any single customer. Revenues are attributed to countries based on location of customers. Australasia comprises Australia, Asia, Papua New Guinea and New Zealand.

Additional Financial Informatio

Additional Financial Information	12 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Additional Financial Information	NOTE 20. ADDITIONAL FINANCIAL INFORMATION Other Current Assets The following table sets forth the components of Other current assets included in the Balance Sheets: As of June 30, 2016 2015 (in millions) Inventory (a) $ 218 $ 299 Deferred tax assets — 63 Assets held for sale — 92 Amounts due from 21st Century Fox 55 63 Prepayments and other current assets 240 263 Total Other current assets $ 513 $ 780 (a) Inventory as of June 30, 2016 and 2015 was primarily comprised of books, newsprint, printing ink, and programming rights. 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, 2016 2015 (in millions) Royalty advances to authors $ 311 $ 304 Other 85 163 Total Other non-current assets $ 396 $ 467 Other Current Liabilities The following table sets forth the components of Other current liabilities: As of June 30, 2016 2015 (in millions) Current tax payable $ 33 $ 27 Royalties and commissions payable 179 163 Other 254 211 Total Other current liabilities $ 466 $ 401 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, 2016 2015 2014 (in millions) Gain on iProperty transaction (a) $ 29 $ — $ — Impairment of marketable securities and cost method investments (b) (21 ) (5 ) (10 ) Foreign tax refund payable to 21st Century Fox (c) — — (721 ) Gain on third party pension contribution (d) — — 37 Gain on sale of Australian property — — 36 Gain on sale of marketable securities (e) — 29 6 Dividends received from cost method investments — 25 — Gain on sale of cost method investments — 15 — Other 10 11 (1 ) Total Other, net $ 18 $ 75 $ (653 ) (a) See Note 3—Acquisitions, Disposals and Other Transactions. (b) See Note 6—Investments (c) See Note 18—Income Taxes (d) During the first quarter of fiscal 2014 approximately $37 million of contributions were made to a foreign pension plan by a third party in connection with the sale of a business in a prior period on behalf of former employees who retained certain pension benefits. This contribution reduced the Company’s Retirement benefit obligation and resulted in a gain being recognized in Other, net in the Statement of Operations during the fiscal year ended June 30, 2014. (e) In August 2014, REA Group completed the sale of a minority interest held in marketable securities for total cash consideration of $104 million. As a result of the sale, REA Group recognized a pre-tax gain of $29 million, which was reclassified out of accumulated other comprehensive income and included in Other, net in the Statement of Operations. Accumulated Other Comprehensive (Loss) Income The components of Accumulated other comprehensive (loss) income were as follows: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Accumulated other comprehensive (loss) income, net of tax: Unrealized holding gains (losses) on securities: Balance, beginning of year $ 19 $ 24 $ 2 Fiscal year activity (a) 1 (5 ) 22 Balance, end of year 20 19 24 Benefit Plan Adjustments: Balance, beginning of year (413 ) (384 ) (348 ) Fiscal year activity (b) (32 ) (29 ) (36 ) Balance, end of year (445 ) (413 ) (384 ) Foreign currency translation adjustments: Balance, beginning of year (188 ) 971 617 Fiscal year activity (c) (397 ) (1,159 ) 354 Balance, end of year (585 ) (188 ) 971 Share of other comprehensive income from equity affiliates, net: Balance, beginning of year — (1 ) — Fiscal year activity (d) (16 ) 1 (1 ) Balance, end of year (16 ) — (1 ) Total accumulated other comprehensive (loss) income, net of tax: Balance, beginning of year (582 ) 610 271 Fiscal year activity, net of income taxes (444 ) (1,192 ) 339 Balance, end of year $ (1,026 ) $ (582 ) $ 610 (a) Net of income tax expense of nil, nil and $14 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. (b) Net of income tax (benefit) of ($14) million, ($11) million and ($3) million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. (c) Excludes ($1) million, ($24) million and $2 million relating to noncontrolling interests for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. (d) Net of income tax (benefit) expense of ($7) million, $1 million and ($1) million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Jun. 30, 2016
Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	NOTE 21. VALUATION AND QUALIFYING ACCOUNTS Balance at Additions Acquisitions Utilization Foreign Balance at (in millions) Fiscal 2016 Allowances for returns and doubtful accounts $ (220 ) $ (566 ) $ (12 ) $ 582 $ 3 $ (213 ) Deferred tax valuation allowance (1,308 ) (8 ) 109 114 79 (1,014 ) Fiscal 2015 Allowances for returns and doubtful accounts $ (175 ) $ (573 ) $ (68 ) $ 586 $ 10 $ (220 ) Deferred tax valuation allowance (1,393 ) (102 ) (186 ) 290 83 (1,308 ) Fiscal 2014 Allowances for returns and doubtful accounts $ (175 ) $ (382 ) $ — $ 384 $ (2 ) $ (175 ) Deferred tax valuation allowance (1,391 ) (105 ) — — 103 (1,393 )

Quarterly Data

Quarterly Data	12 Months Ended
	Jun. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Data	NOTE 22. QUARTERLY DATA (UNAUDITED) For convenience purposes, all references to September 30, 2015 and September 30, 2014 refer to the three months ended September 27, 2015 and September 28, 2014, respectively. All references to December 31, 2015 and December 31, 2014 refer to the three months ended December 27, 2015 and December 28, 2014, respectively. All references to March 31, 2016 and March 31, 2015 refer to the three months ended March 27, 2016, and March 29, 2015, respectively. For the three months ended September 30, December 31, March 31, June 30, (in millions, except per share amounts) Fiscal 2016 Revenues $ 2,014 $ 2,161 $ 1,891 $ 2,226 Income (loss) from continuing operations attributable to News Corporation stockholders 129 87 (147 ) 95 Income (loss) from discontinued operations, net of tax 46 (24 ) (2 ) (5 ) Net income (loss) attributable to News Corporation stockholders 175 63 (149 ) 90 Income (loss) from continuing operations available to News Corporation stockholders per share—basic and diluted $ 0.22 $ 0.15 $ (0.26 ) $ 0.16 Income (loss) available to News Corporation stockholders per share—basic and diluted 0.08 (0.04 ) — (0.01 ) Income (loss) available to News Corporation stockholders per share—basic and diluted $ 0.30 $ 0.11 $ (0.26 ) $ 0.15 Fiscal 2015 Revenues $ 2,108 $ 2,258 $ 2,041 $ 2,117 Income from continuing operations attributable to News Corporation stockholders 86 162 45 5 Loss from discontinued operations, net of tax (21 ) (19 ) (22 ) (383 ) Net income (loss) attributable to News Corporation stockholders 65 143 23 (378 ) Income from continuing operations available to News Corporation stockholders per share—basic and diluted $ 0.15 $ 0.27 $ 0.08 $ 0.01 Loss available to News Corporation stockholders per share—basic and diluted (0.04 ) (0.03 ) (0.04 ) (0.66 ) Income (loss) available to News Corporation stockholders per share—basic and diluted $ 0.11 $ 0.24 $ 0.04 $ (0.65 )

Subsequent Events

Subsequent Events	12 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	NOTE 23. SUBSEQUENT EVENTS In August 2016, the Company declared a semi-annual cash dividend of $0.10 per share for Class A Common Stock and Class B Common Stock. This dividend is payable on October 19, 2016 to stockholders of record as of September 14, 2016.

Summary of Significant Accoun32

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Principles of consolidation	Principles of consolidation The Consolidated Financial Statements include the accounts of all majority-owned and controlled subsidiaries. In addition, the Company evaluates its relationships with other entities to identify whether they are variable interest entities (“VIEs”) as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810-10, “Consolidation” (“ASC 810-10”) and whether the Company is the primary beneficiary. Consolidation is required if both of these criteria are met. All significant intercompany accounts and transactions have been eliminated in consolidation, including the intercompany portion of transactions with equity method investees. Changes in the Company’s ownership interest in a consolidated subsidiary where a controlling financial interest is retained are accounted for as capital transactions. When the Company ceases to have a controlling interest in a consolidated subsidiary the Company will recognize a gain or loss in the Statements of Operations upon deconsolidation.
Reclassifications	Reclassifications Certain reclassifications have been made to the prior period consolidated financial statements to conform to the current year presentation. The financial results of the Digital Education segment have been recorded as discontinued operations for all periods presented (See Note 4—Discontinued Operations).
Use of estimates	Use of estimates The preparation of the Company’s Consolidated Financial Statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts that are reported in the Consolidated Financial Statements and accompanying disclosures. Actual results could differ from those estimates.
Cash and cash equivalents	Cash and cash equivalents Cash and cash equivalents consist of cash on hand and other investments that are readily convertible into cash with original maturities of three months or less. The Company’s cash and cash equivalents balance as of June 30, 2016 and 2015 also includes $95 million and $60 million, respectively, which is not readily accessible by the Company as it is held by REA Group Limited (“REA Group”), a majority owned but separately listed public company. REA Group must declare a dividend in order for the Company to have access to its share of REA Group’s cash balance. The Company classifies cash as restricted when the cash is unavailable for use in general operations. The restricted cash balance of $315 million as of June 30, 2016 relates to cash set aside for the Wireless Group Offer (as defined in Note 3) in order to comply with U.K. takeover regulations. (See Note 3—Acquisitions, Disposals and Other Transactions).
Concentration of credit risk	Concentration of credit risk Cash and cash equivalents are maintained with multiple financial institutions. The Company has deposits held with banks that exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions of reputable credit and, therefore, bear minimal credit risk.
Receivables, net	Receivables, net Receivables are presented net of an allowance for returns and doubtful accounts, which is an estimate of amounts that may not be collectible. In determining the allowance for returns, management analyzes historical returns, current economic trends and changes in customer demand and acceptance of the Company’s products. Based on this information, management reserves a percentage of each dollar of product sales that provide the customer with the right of return. The allowance for doubtful accounts is estimated based on historical experience, receivable aging, current economic trends and specific identification of certain receivables that are at risk of not being collected. Receivables, net consist of: As of June 30, 2016 2015 (in millions) Receivables $ 1,442 $ 1,503 Allowances for returns and doubtful accounts (213 ) (220 ) Receivables, net $ 1,229 $ 1,283 The Company’s receivables did not represent significant concentrations of credit risk as of June 30, 2016 or June 30, 2015 due to the wide variety of customers, markets and geographic areas to which the Company’s products and services are sold.
Inventories	Inventories Inventories are valued at the lower of cost or market. Cost is determined by the weighted average cost method. The Company records a reserve for excess and obsolete inventory based upon a calculation using the historical usage rates, sales patterns of its products and specifically identified obsolete inventory. Inventory is included within Other current assets on the Balance Sheets.
Prepublication costs	Prepublication costs The Company capitalizes the art, prepress, outside editorial, digital conversion and other costs incurred in the creation of the master copy of a book or other media (the “prepublication costs”). Prepublication costs are amortized from the year of publication over their estimated useful lives, using the straight-line method for capitalized costs with an estimated useful life of one year or less and sum of the years’ digits for capitalized costs exceeding one year. The Company regularly reviews the recoverability of the capitalized costs based on expected future revenues. Prepublications costs are included in Other current assets on the Balance Sheets and were $33 million and $34 million as of June 30, 2016 and 2015, respectively. Amortization of prepublication costs for the fiscal years ended June 30, 2016, 2015 and 2014 was $43 million, $43 million and $37 million, respectively.
Investments	Investments The Company makes investments in various businesses in the normal course of business. The Company evaluates its relationships with other entities to identify whether they are VIEs in accordance with ASC 810-10. In determining whether the Company is the primary beneficiary of a VIE, it assesses whether it has the power to direct matters that most significantly impact the activities of the VIE and has the obligation to absorb losses or the right to receive benefits from the VIE that could potentially be significant to the VIE. The Company would consolidate any investments in which it was determined to be the primary beneficiary of a VIE. Investments in and advances to equity investments or joint ventures in which the Company has significant influence, but is not the primary beneficiary, and has less than a controlling voting interest, are accounted for using the equity method. Significant influence is generally presumed to exist when the Company owns an interest between 20% and 50% or when the Company has the ability to exercise significant influence. Under the equity method of accounting, the Company includes its investment and amounts due to and from its equity method investments in its Balance Sheets. The Company’s Statements of Operations include the Company’s share of the investees’ earnings (losses) and the Company’s Statements of Cash Flows include all cash received from or paid to the investee. The difference between the Company’s investment and its share of the fair value of the underlying net assets of the investee upon acquisition is first allocated to either finite-lived intangibles or indefinite-lived intangibles and the balance is attributed to goodwill. The Company follows ASC 350, “Intangibles—Goodwill and Other” (“ASC 350”), which requires that equity method finite-lived intangibles be amortized over their estimated useful life. Such amortization is reflected in Equity earnings of affiliates in the Statements of Operations. Indefinite-lived intangibles and goodwill are not amortized. Investments in which the Company has no significant influence (generally less than a 20% ownership interest) or does not have the ability to exercise significant influence are designated as available-for-sale investments if readily determinable market values are available. The Company reports available-for-sale investments at fair value based on quoted market prices. Unrealized gains and losses on available-for-sale investments are included in Accumulated other comprehensive (loss) income, net of applicable taxes and other adjustments, until the investment is sold or considered impaired. If an investment’s fair value is not readily determinable, the Company accounts for its investment at cost.
Property, plant and equipment	Property, plant and equipment Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is provided using the straight-line method over an estimated useful life of 3 to 50 years. Leasehold improvements are amortized using the straight-line method over the shorter of their useful lives or the life of the lease. Costs associated with the repair and maintenance of property, plant and equipment are expensed as incurred. Changes in circumstances, such as technological advances or changes to the Company’s business model or capital strategy, could result in the actual useful lives differing from the Company’s estimates. In those cases where the Company determines that the useful life of buildings and equipment should be shortened, the Company would depreciate the asset over its revised remaining useful life, thereby increasing depreciation expense.
Operating Leases	Operating Leases For operating leases, minimum lease payments, including minimum scheduled rent increases, are recognized as rent expense on a straight-line basis over the applicable lease terms. The term used for straight-line rent expense is calculated initially from the date that the Company obtains possession of the leased premises through the expected lease termination date.
Capitalized software	Capitalized software In accordance with ASC 350—40 “Internal-use Software,” the Company capitalizes certain costs incurred in connection with developing or obtaining internal use software. Costs incurred in the preliminary project stage are expensed. All direct costs incurred to develop internal use software during the development stage are capitalized and amortized using the straight-line method over the estimated useful life, generally 2 to 10 years. Costs such as maintenance and training are expensed as incurred. Research and development costs are expensed as incurred.
Royalty advances to authors	Royalty advances to authors Royalty advances are initially capitalized and subsequently expensed as related revenues are earned or when the Company determines future recovery is not probable. The Company has a long history of providing authors with royalty advances, and it tracks each advance earned with respect to the sale of the related publication. Historically, the longer the unearned portion of the advance remains outstanding, the less likely it is that the Company will recover the advance through the sale of the publication. The Company applies this historical experience to its existing outstanding royalty advances to estimate the likelihood of recovery and a provision is established to write-off the unearned advance, usually between 6 and 12 months after publication. Additionally, the Company reviews its portfolio of unpublished royalty advances to determine if individual royalty advances are not recoverable for discrete reasons, such as the death of an author prior to completion of a title or titles, a Company decision to not publish a title, poor market demand or other relevant factors that could impact recoverability. Based on this information, the portion of any advance that the Company believes is not recoverable is expensed.
Goodwill and intangible assets	Goodwill and intangible assets The Company has intangible assets, including goodwill, newspaper mastheads, trademarks, distribution networks, publishing rights and copyrighted products. Goodwill is recorded as the difference between the cost of acquiring entities and amounts assigned to their tangible and identifiable intangible net assets. In accordance with ASC 350, the Company’s goodwill and indefinite-lived intangible assets are tested annually during the fourth quarter for impairment or earlier if events occur or circumstances change that would more likely than not reduce the fair values below their carrying amounts. Intangible assets with finite lives are amortized over their estimated useful lives. The impairment assessment of indefinite-lived intangibles compares the fair value of these intangible assets to their carrying value. Goodwill is reviewed for impairment at a reporting unit level. Reporting units are determined based on an evaluation of the Company’s operating segments and the components making up those operating segments. For purposes of goodwill impairment review, the Company has identified Dow Jones, the Australian newspapers, the U.K. newspapers, News America Marketing, Storyful Limited (“Storyful”), FOX SPORTS Australia, HarperCollins, REA Group, Move, Inc. (“Move”), Unruly Holdings Limited (“Unruly”) and DIAKRIT International Limited (“DIAKRIT”), as its reporting units. In assessing goodwill for impairment, the Company has the option to first perform a qualitative assessment to determine whether events or circumstances exist that lead to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If the Company determines that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company is not required to perform any additional tests in assessing goodwill for impairment. However, if the Company concludes otherwise or elects not to perform the qualitative assessment, then it is required to perform the first step of a two-step impairment review process. The first step of the two-step impairment process is to compare the fair value of a reporting unit with its carrying amount, including goodwill. In performing the first step, the Company determines the fair value of a reporting unit primarily by using a discounted cash flow analysis and market-based valuation approach methodologies. Determining fair value requires the exercise of significant judgments, including judgments about appropriate discount rates, long-term growth rates, relevant comparable company earnings multiples and the amount and timing of expected future cash flows. The cash flows employed in the analyses are based on the Company’s estimated outlook and various growth rates are assumed for years beyond the long-term business plan period. Discount rate assumptions are based on an assessment of the risk inherent in the future cash flows of the respective reporting units. In assessing the reasonableness of its determined fair values, the Company evaluates its results against other value indicators, such as comparable public company trading values. If the fair value of a reporting unit exceeds its carrying amount, the goodwill of the reporting unit is not impaired and the second step of the impairment review is not necessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment review is required to be performed to estimate the implied fair value of the reporting unit’s goodwill. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. That is, the estimated fair value of the reporting unit is allocated to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the estimated fair value of the reporting unit was the purchase price paid. The implied fair value of the reporting unit’s goodwill is compared with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. The Company also performs impairment reviews on its indefinite-lived intangible assets, including distribution networks, newspaper mastheads, trademarks, and imprints. Newspaper mastheads and book publishing imprints are reviewed on an aggregated basis in accordance with ASC 350. Distribution networks and trademarks are reviewed individually. In assessing its indefinite-lived intangible assets for impairment, the Company has the option to first perform a qualitative assessment to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of the indefinite-lived intangible asset is less than its carrying amount. If the Company determines that it is not more likely than not that the fair value of an indefinite-lived intangible asset is less than its carrying amount, the Company is not required to perform any additional tests in assessing the assets for impairment. However, if the Company concludes otherwise or elects not to perform the qualitative assessment, then it is required to perform a quantitative analysis to determine if the fair value of the indefinite-lived intangible asset is less than its carrying value. The methods used to estimate the fair value measurements of impaired goodwill and indefinite-lived intangible assets include those based on the income approach (including the discounted cash flow and relief-from-royalty methods) and those based on the market approach (primarily the guideline public company method). The resulting fair value measurements of the assets are considered to be Level 3 measurements. Significant unobservable inputs utilized in the income approach valuation methods are discount rates, long-term growth rates and royalty rates. Significant unobservable inputs utilized in the market approach valuation methods are EBITDA multiples from guideline public companies operating in similar industries and a control premium. When a business within a reporting unit is disposed of, goodwill is allocated to the disposed business using the relative fair value method.
Asset impairments	Asset impairments Investments Equity method investments are regularly reviewed to determine whether a significant event or change in circumstances has occurred that may impact the fair value of each investment. If the fair value of the investment has dropped below the carrying amount, management considers several factors when determining whether an other-than-temporary decline in market value has occurred, including the length of time and extent to which the market value has been below cost, the financial condition and near-term prospects of the issuer, the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in market value and other factors influencing the fair market value, such as general market conditions. The Company regularly reviews available-for-sale investment securities for other-than-temporary impairment based on criteria that include the extent to which the investment’s carrying value exceeds its related market value, the duration of the market decline, the Company’s ability to hold until recovery and the financial strength and specific prospects of the issuer of the security. The Company regularly reviews investments accounted for at cost for other-than-temporary impairment based on criteria that include the extent to which the investment’s carrying value exceeds its related estimated fair value, the duration of the estimated fair value decline, the Company’s ability to hold until recovery and the financial strength and specific prospects of the issuer of the security. Long-lived assets ASC 360, “Property, Plant, and Equipment,” (“ASC 360”) and ASC 350 require that the Company periodically review the carrying amounts of its long-lived assets, including property, plant and equipment and finite-lived intangible assets, to determine whether current events or circumstances indicate that such carrying amounts may not be recoverable. If the carrying amount of the asset is greater than the expected undiscounted cash flows to be generated by such asset, an impairment adjustment is recognized if the carrying value of such asset exceeds its fair value. The Company generally measures fair value by considering sale prices for similar assets or by discounting estimated future cash flows using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of assets, accordingly, actual results could vary significantly from such estimates. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value, less their costs to sell.
Revenue recognition	Revenue recognition Revenue is recognized when persuasive evidence of an arrangement exists, the fees are fixed or determinable, the product or service has been delivered and collectability is reasonably assured. The Company considers the terms of each arrangement to determine the appropriate accounting treatment. News and Information Services Advertising revenues are recognized in the period when advertising is printed or placed on digital platforms, net of commissions and provisions for estimated sales incentives including rebates, rate adjustments and discounts. Advertising revenues from integrated marketing services are recognized when free-standing inserts are published or over the time period in which in-store marketing services are performed. Billings to clients and payments received in advance of the performance of services or delivery of products are recorded as deferred revenue until the services are performed or the product is delivered. Circulation and information services revenues include single-copy and subscription revenues. Circulation revenues are based on the number of copies of the printed newspaper (through home-delivery subscriptions and single-copy sales) and digital subscriptions sold and the rates charged to the respective customers. Single-copy revenue is recognized based on date of publication, net of provisions for related returns. Proceeds from print, digital and electronic information services subscription revenues are deferred at the time of sale and are recognized in earnings on a pro rata basis over the terms of the subscriptions. Other revenues are recognized when the related services are performed or the product has been delivered. Book Publishing Revenue from the sale of books for distribution in the retail channel is primarily recognized upon passing of control to the buyer. Revenue for electronic books (“e-books”), which is the net amount received from the retailer, is generally recognized upon electronic delivery to the customer by the retailer. Revenue is reported net of any amounts billed to customers for taxes which are remitted to government authorities. Digital Real Estate Services Advertising revenues from providing online real estate advertising services are recognized on the fulfillment of customer service obligations, which may include product performance and/or product service periods. Subscription revenues from licensing and advanced reporting products are typically recognized ratably over the service period of the related subscription. Cable Network Programming Affiliate fees received from cable television systems, direct broadcast satellite operators and other distribution systems are recognized as revenue in the period that services are provided. Advertising revenues are recognized, net of agency commissions, in the period that the advertisements are aired.
Multiple element arrangements	Multiple element arrangements Revenues derived from a single sales contract that contains multiple products and services are allocated based on the relative fair value of each item to be delivered and recognized in accordance with the applicable revenue recognition criteria for the specific unit of accounting.
Gross versus net revenue recognition	Gross versus net revenue recognition In the normal course of business, the Company acts as or uses an intermediary or agent in executing transactions with third parties. In connection with these arrangements, the Company must determine whether to report revenue based on the gross amount billed to the ultimate customer or on the net amount received from the customer after commissions and other payments to third parties. The determination of whether revenue should be reported on a gross or net basis is based on an assessment of whether the Company is acting as the principal or an agent in the transaction. If the Company is acting as a principal in a transaction, the Company reports revenue on a gross basis. If the Company is acting as an agent in a transaction, the Company reports revenue on a net basis. The determination of whether the Company is acting as a principal or an agent in a transaction involves judgment and is based on an evaluation of the terms of the arrangement. The Company serves as the principal in transactions in which it has substantial risks and rewards of ownership.
Barter transactions	Barter transactions The Company enters into transactions that involve the exchange of advertising, in part, for other products and services, which are recorded at the lesser of estimated fair value of the advertising given or product or service received in accordance with the provisions of ASC 605-20-25, “Advertising Barter Transactions.” Revenue from barter transactions is recognized when advertising is provided, and expenses are recognized when products are received or services are incurred. Revenue from barter transactions included in the Statements of Operations was $58 million, $56 million and $47 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Expense from barter transactions included in the Statements of Operations was $58 million, $56 million and $41 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.
Sales returns	Sales returns Consistent with industry practice, certain of the Company’s products, such as books and newspapers, are sold with the right of return. The Company records, as a reduction of revenue, the estimated impact of such returns. In determining the estimate of product sales that will be returned, management analyzes historical returns, current economic trends, changes in customer demand and acceptance of the Company’s products. Based on this information, management reserves a percentage of each dollar of product sales that provide the customer with the right of return.
Advertising expenses	Advertising expenses The Company expenses advertising costs as incurred in accordance with ASC 720-35, “Other Expenses—Advertising Cost.” Advertising and promotional expenses recognized totaled $607 million, $530 million and $442 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.
Shipping and handling	Shipping and handling Costs incurred for shipping and handling are reflected in Operating expenses in the Statements of Operations.
Translation of foreign currencies	Translation of foreign currencies The financial results and position of foreign subsidiaries and affiliates are translated into U.S. dollars using the current rate method, whereby operating results are converted at the average rate of exchange for the period and assets and liabilities are converted at the closing rates on the period end date. The resulting translation adjustments are accumulated as a component of Accumulated other comprehensive income. Gains and losses from foreign currency transactions are generally included in income for the period.
Income taxes	Income taxes The Company accounts for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires an asset and liability approach for financial accounting and reporting for income taxes. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Valuation allowances are established where management determines that it is more likely than not that some portion or all of a deferred tax asset will not be realized. Deferred taxes have not been provided on the cumulative undistributed earnings of foreign subsidiaries to the extent amounts are expected to be reinvested indefinitely. The Company recognizes interest and penalty charges related to unrecognized tax benefits as income tax expense.
Earnings (loss) per share	Earnings (loss) per share Basic earnings (loss) per share for Class A Common Stock and Class B Common Stock is calculated by dividing Net income (loss) available to News Corporation stockholders by the weighted average number of shares of Class A Common Stock and Class B Common Stock outstanding. Diluted earnings (loss) per share for Class A Common Stock and Class B Common Stock is calculated similarly, except that the calculation includes the dilutive effect of the assumed issuance of shares issuable under the Company’s equity-based compensation plans. (See Note 13—Earnings (Loss) per Share).
Equity-based compensation	Equity-based compensation Equity-based awards are accounted for in accordance with ASC 718, “Compensation—Stock Compensation” (“ASC 718”). ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the Consolidated Financial Statements. ASC 718 establishes fair value as the measurement objective in accounting for share-based payment arrangements and requires all companies to apply a fair-value-based measurement method in accounting for generally all share-based payment transactions with employees.
Retirement Benefit Obligations	Retirement Benefit Obligations The Company provides defined benefit pension, postretirement healthcare, defined contribution and medical benefits to the Company’s eligible employees and retirees. The Company accounts for its defined benefit pension, postretirement healthcare and defined contribution plans in accordance with ASC 715, “Compensation—Retirement Benefits” (“ASC 715”). The expense recognized by the Company is determined using certain assumptions, including the discount rate, expected long-term rate of return and mortality rates, among others. The Company recognizes the funded status of its defined benefit plans (other than multiemployer plans) as an asset or liability in the Balance Sheets and recognizes changes in the funded status in the year in which the changes occur through Accumulated other comprehensive (loss) income in the Balance Sheets.
Fair Value Measurements	Fair Value Measurements The Company has various financial instruments that are measured at fair value on a recurring basis, including certain marketable securities and derivatives. The Company also applies the provisions of fair value measurement to various non-recurring measurements for the Company’s non-financial assets and liabilities. With the exception of investments measured using the net asset value per share practical expedient prescribed in ASU 2015-07, the Company measures assets and liabilities in accordance with ASC 820, “Fair Value Measurements” (“ASC 820”), using inputs from the following three levels of the fair value hierarchy: (i) inputs that are quoted prices in active markets for identical assets or liabilities (“Level 1”); (ii) inputs other than quoted prices included within Level 1 that are observable, including quoted prices for similar assets or liabilities (“Level 2”); and (iii) unobservable inputs that require the entity to use its own best estimates about market participant assumptions (“Level 3”). The Company’s assets measured at fair value on a nonrecurring basis include investments, long-lived assets, indefinite-lived intangible assets and goodwill. The Company reviews the carrying amounts of such assets whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable or at least annually as of June 30 for indefinite-lived intangible assets and goodwill. Any resulting asset impairment would require that the asset be recorded at its fair value. The resulting fair value measurements of the assets are considered to be Level 3 measurements.
Financial instruments and derivatives	Financial instruments and derivatives The carrying value of the Company’s financial instruments, including cash and cash equivalents, approximate fair value. The Company did not estimate the fair value of certain cost method investments because it was not practicable to do so. The fair value of financial instruments is generally determined by reference to market values resulting from trading on a national securities exchange or in an over-the-counter market which are considered to be Level 2 measurements. The Company monitors its positions with, and the credit quality of, the financial institutions which are counterparties to its financial instruments. The Company is exposed to credit loss in the event of nonperformance by the counterparties to the agreements. As of June 30, 2016, the Company did not anticipate nonperformance by any of the counterparties. ASC 815, “Derivatives and Hedging” (“ASC 815”), requires every derivative instrument (including certain derivative instruments embedded in other contracts) to be recorded on the balance sheet at fair value as either an asset or a liability. ASC 815 also requires that changes in the fair value of recorded derivatives be recognized currently in earnings unless specific hedge accounting criteria are met. The Company uses financial instruments to hedge its limited exposures to foreign currency exchange risks primarily associated with payments made to manufacturers and service providers. These derivative contracts are primarily economic hedges. The Company records the changes in the fair value of these items in current earnings. The fair market value of foreign exchange forward contracts with foreign currency risk outstanding as of June 30, 2016 and June 30, 2015 was not material.
Recent Accounting Guidance	Recent Accounting Guidance In May 2014, FASB issued Accounting Standards Update (“ASU”) 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASU 2014-09”). ASU 2014-09 removes inconsistencies and differences in existing revenue requirements between GAAP and International Financial Reporting Standards (“IFRS”) and requires a company to recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. Once effective, ASU 2014-09 can be applied retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initial adoption recognized at the date of initial application. In March 2016, the FASB issued ASU 2016-08, “Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net)” (“ASU 2016-08”). The amendments in ASU 2016-08 clarify the implementation guidance on principal versus agent considerations. In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing” (“ASU 2016-10”). The amendments in ASU 2016-10 clarify aspects relating to the identification of performance obligations and improve the operability and understandability of the licensing implementation guidance. In May 2016, the FASB issued ASU 2016-12, “Update 2016-12—Revenue from Contracts with Customers (Topic 606): Narrow-Scope Improvements and Practical Expedients” (“ASU 2016-12”). The amendments in ASU 2016-12 address certain issues identified on assessing collectability, presentation of sales taxes, noncash consideration, and completed contracts and contract modifications at transition. The effective date for all ASUs noted above is annual and interim reporting periods beginning July 1, 2018. The Company is currently evaluating the impact these ASUs will have on its consolidated financial statements. In February 2015, the FASB issued ASU 2015-02, “Consolidation (Topic 810): Amendments to the Consolidation Analysis” (“ASU 2015-02”). ASU 2015-02 is intended to address stakeholder concerns regarding the usefulness of financial statements where a reporting entity is required to consolidate a legal entity where the reporting entity’s contractual rights do not give it the ability to act primarily on its own behalf, the reporting entity does not hold a majority of the legal entity’s voting rights, or the reporting entity is not exposed to a majority of the legal entity’s economic benefits or obligations. The update amends the accounting guidance around the consolidation of limited partnerships, the considerations surrounding the primary beneficiary determination and the consolidation of certain investment funds. ASU 2015-02 is effective for the Company for annual and interim periods beginning after December 16, 2015, however, early adoption is permitted. The Company does not expect the adoption of ASU 2015-02 to have a significant impact on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-05, “Intangibles-Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement” (“ASU 2015-05”). ASU 2015-05 clarifies guidance about whether a customer’s cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The guidance will not change GAAP for customer’s accounting for service contracts. In addition, the guidance in this update supersedes paragraph 350-40-25-16. Consequently, all software licenses within the scope of Subtopic 350-40 will be accounted for consistent with other licenses of intangible assets. The amendment can either be adopted prospectively for all arrangements entered into or materially modified after the effective date or retrospectively. ASU 2015-05 is effective for the Company for annual and interim periods beginning July 1, 2016, however, early adoption is permitted. The Company does not expect the adoption of ASU 2015-05 to have a significant impact on its consolidated financial statements. In April 2015, the FASB issued Accounting Standards Update 2015-07, Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) (“ASU 2015-07”). ASU 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share expedient. ASU 2015-07 is effective for annual and interim periods beginning July 1, 2016 with retrospective application to all periods presented. As permitted by ASU 2015-07, the Company early-adopted this standard in the fourth quarter of fiscal 2016. The retrospective adoption resulted in a reduction in Level 1 pension assets of nil and $104 million at June 30, 2016 and June 30, 2015, respectively and a reduction in Level 2 pension assets of $1,297 million and $1,307 million at June 30, 2016 and June 30, 2015, respectively. (See Note 16—Retirement Benefit Obligations). The adoption of ASU 2015-07 did not have a significant impact on the classification of the Company’s other assets which are measured at fair value on a recurring and nonrecurring basis. In November 2015, the FASB issued ASU 2015-17, “Balance Sheet Classification of Deferred Taxes” (“ASU 2015-17”). ASU 2015-17 amends existing guidance to require that deferred income tax liabilities and assets be classified as non-current in the Consolidated Balance Sheets, and eliminates the prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheets. As permitted by ASU 2015-17, the Company early-adopted this standard and applied it prospectively. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities” (“ASU 2016-01”). The amendments in ASU 2016-01 address certain aspects of recognition, measurement, presentation and disclosure of financial instruments. ASU 2016-01 is effective for the Company for annual and interim reporting periods beginning July 1, 2018. The Company is currently evaluating the impact ASU 2016-01 will have on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)” (“ASU 2016-02”). The amendments in ASU 2016-02 address certain aspects in lease accounting, with the most significant impact for lessees. The amendments in ASU 2016-02 require lessees to recognize all leases on the balance sheet by recording a right-of-use asset and a lease liability, and lessor accounting has been updated to align with the new requirements for lessees. The new standard also provides changes to the existing sale-leaseback guidance. ASU 2016-02 is effective for the Company for annual and interim reporting periods beginning July 1, 2019. The Company is currently evaluating the impact ASU 2016-02 will have on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-07, “Investments—Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting” (“ASU 2016-07”). The amendments in ASU 2016-07 address recognition and measurement of equity investments. The amendments in this update eliminate the requirement to retroactively adjust the investment, results of operations and retained earnings when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence. ASU 2016-07 is effective for the Company for annual and interim reporting periods beginning July 1, 2018. As permitted by ASU 2016-07, the Company early-adopted this standard and does not expect it to have a significant impact on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, “Compensation—Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting” (“ASU 2016-09”). The amendments in ASU 2016-09 address several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. ASU 2016-09 is effective for the Company for annual and interim reporting periods beginning July 1, 2017. The Company is currently evaluating the impact ASU 2016-09 will have on its consolidated financial statements.

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Components of Receivables, Net	Receivables, net consist of: As of June 30, 2016 2015 (in millions) Receivables $ 1,442 $ 1,503 Allowances for returns and doubtful accounts (213 ) (220 ) Receivables, net $ 1,229 $ 1,283

Acquisitions, Disposals and O34

Acquisitions, Disposals and Other Transactions (Tables)	12 Months Ended
	Jun. 30, 2016
Move Inc [Member]
Schedule of Total Transaction Value/ Fair Value of Acquisition	The total transaction value for the Move acquisition is set forth below (in millions): Cash paid for Move equity $ 864 Assumed equity-based compensation awards—pre-combination services 28 Total consideration transferred 892 Plus: Assumed debt 129 Plus: Assumed equity-based compensation awards—post-combination services 39 Less: Cash acquired (108 ) Total transaction value $ 952
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	Under the purchase method of accounting, the total consideration transferred is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration transferred over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions): Assets acquired: Cash $ 108 Other current assets 28 Intangible assets 216 Deferred income taxes 153 Goodwill 552 Other non-current assets 69 Total assets acquired $ 1,126 Liabilities assumed: Current liabilities $ 50 Deferred income taxes 52 Borrowings 129 Other non-current liabilities 3 Total liabilities assumed 234 Net assets acquired $ 892
iProperty Group Limited [Member]
Schedule of Total Transaction Value/ Fair Value of Acquisition	The total fair value of iProperty at the acquisition date is set forth below (in millions): Cash paid for iProperty equity $ 340 Deferred consideration 76 Total consideration 416 Fair value of previously held iProperty investment 120 Total fair value $ 536
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	Under the purchase method of accounting, the total consideration is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions): Assets Acquired: Goodwill $ 498 Intangible assets 72 Net Liabilities (34 ) Net assets acquired $ 536

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Summary of Results of Operations and Cash Flows from Discontinued Operations	The following table summarizes the results of operations from the discontinued segment: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Revenues $ 27 $ 109 $ 88 Loss before income tax benefit (159 ) (496 ) (219 ) Income tax benefit 174 51 77 Income (loss) from discontinued operations, net of tax $ 15 $ (445 ) $ (142 ) The following table summarizes the cash flows from discontinued operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Net cash used in operating activities $ (74 ) $ (157 ) $ (175 ) Net cash provided by (used in) investing activities 13 (70 ) (21 ) Net cash used in financing activities — — — Net decrease in cash and cash equivalents $ (61 ) $ (227 ) $ (196 )
Summary of Assets and Liabilities Held for Sale Related to Discontinued Operations	Assets and liabilities held for sale related to discontinued operations as of June 30, 2016 and June 30, 2015 are included in Other current liabilities and Other current assets, respectively, in the Balance Sheets as follows: As of As of (in millions) Current assets $ 1 $ 54 Non-current assets — 100 Total assets $ 1 $ 154 Current Liabilities 7 46 Non-current liabilities — 16 Total liabilities $ 7 $ 62 Net (liabilities) assets held for sale $ (6 ) $ 92

Restructuring Programs (Tables)

Restructuring Programs (Tables)	12 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Schedule of Changes in Restructuring Program Liabilities	Changes in the restructuring program liabilities were as follows: One time Facility Other costs Total (in millions) Balance, June 30, 2013 $ 51 $ 6 $ 2 $ 59 Additions 69 8 2 79 Payments (101 ) (5 ) (1 ) (107 ) Other 2 (2 ) (3 ) (3 ) Balance, June 30, 2014 $ 21 $ 7 $ — $ 28 Additions 74 1 9 84 Payments (46 ) (3 ) (3 ) (52 ) Other (2 ) — — (2 ) Balance, June 30, 2015 $ 47 $ 5 $ 6 $ 58 Additions 86 1 2 89 Payments (95 ) (1 ) — (96 ) Other (5 ) — (2 ) (7 ) Balance, June 30, 2016 $ 33 $ 5 $ 6 $ 44

Investments (Tables)

Investments (Tables)	12 Months Ended
	Jun. 30, 2016
Investments Schedule [Abstract]
Schedule of Investments	The Company’s investments were comprised of the following: Ownership June 30, 2016 As of June 30, 2016 2015 (in millions) Equity method investments: Foxtel (a) 50 % $ 1,437 $ 1,476 Other equity method investments (b) various 101 168 Loan receivable from Foxtel (c) N/A 338 345 Available-for-sale securities (d) various 189 185 Cost method investments (e) various 205 205 Total Investments $ 2,270 $ 2,379 (a) The change in the Foxtel investment for the fiscal year ended June 30, 2016 was primarily due to the impact of foreign currency fluctuations. For the fiscal years ended June 30, 2016 and 2015, the Company received dividends from Foxtel of $26 million and $107 million, respectively. The Company’s investment in Foxtel exceeded its equity in the underlying net assets by approximately $1.5 billion as of June 30, 2016. This amount represented the excess cost over the Company’s proportionate share of its investment’s underlying net assets. This has been allocated between finite-lived intangible assets, indefinite-lived intangible assets and goodwill. The finite-lived intangible assets of approximately $0.5 billion primarily represent subscriber relationships with a weighted average remaining useful life of 7 years. (b) Other equity method investments as of June 30, 2015 primarily included REA Group’s investment in iProperty. In July 2014, REA Group purchased a 17.22% interest in iProperty for total cash consideration of approximately $100 million. In December 2014, REA Group sold Squarefoot, its Hong Kong based business, to iProperty in exchange for an additional 2.2% interest in iProperty. As of June 30, 2015, REA Group owned an approximate 19.9% interest in iProperty and increased its ownership percentage to an approximate 22.7% interest in the first quarter of fiscal 2016. In February 2016, REA Group increased its ownership interest in iProperty to approximately 86.9% for A$482 million (approximately $340 million) and from then its results are consolidated within the Digital Real Estate Services segment. (See Note 3—Acquisitions, Disposals and Other Transactions). (c) In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and Foxtel’s shareholders made pro rata capital contributions in the form of subordinated shareholder notes based on their respective ownership interests. The Company’s share of the subordinated shareholder notes was approximately A$451 million ($338 million and $345 million as of June 30, 2016 and June 30, 2015, respectively). The subordinated shareholder notes can be repaid beginning in July 2022 provided that Foxtel’s senior debt has been repaid. The subordinated shareholder notes have a maturity date of July 15, 2027, with interest payable on June 30 each year and at maturity. On June 22, 2016, Foxtel and Foxtel’s shareholders agreed to modify the terms of the loan receivable to reduce the interest rate from 12% to 10.5%, to more closely align with current market rates. Foxtel paid interest at a rate of 10.5% for fiscal 2016. Upon maturity, the principal advanced will be repayable. (d) Available-for-sale securities primarily include the Company’s investments in The Rubicon Project, Inc. and APN. During fiscal 2015, the Company purchased a 14.99% interest in APN for approximately $112 million. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest for $20 million. APN operates a portfolio of Australian radio and outdoor media assets. (e) Cost method investments primarily include the Company’s investment in SEEKAsia Limited (“SEEK Asia”) and certain investments in China. In November 2014, SEEK Asia, in which the Company owned a 12.1% interest, acquired the online employment businesses of JobStreet Corporation Berhad (“JobStreet”), which were combined with JobsDB, Inc., SEEK Asia’s existing online employment business. The transaction was funded primarily through additional contributions by SEEK Asia shareholders which did not have an impact on the Company’s ownership. The Company’s share of the funding contribution was approximately $60 million. In June 2015, the Company purchased an additional 0.8% interest in SEEK Asia for approximately $7 million, which increased the Company’s investment to approximately 12.9%. In June 2016, the Company’s interest in SEEK Asia increased to approximately 13.75% as a result of the repurchase and cancellation of shares owned by certain other shareholders.
Schedule of Available-for-Sale Investments	The cost basis, unrealized gains, unrealized losses and fair market value of available-for-sale investments are set forth below: As of June 30, 2016 2015 (in millions) Cost basis of available-for-sale investments $ 155 $ 164 Accumulated gross unrealized gain 34 46 Accumulated gross unrealized loss — (25 ) Fair value of available-for-sale investments $ 189 $ 185 Net deferred tax liability $ 13 $ 11
Schedule of Earnings of Equity Affiliates	The Company’s share of the earnings of its equity affiliates was as follows: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Foxtel (a) $ 38 $ 59 $ 90 Other equity affiliates, net (8 ) (1 ) — Total Equity earnings of affiliates $ 30 $ 58 $ 90 (a) In accordance with ASC 350, the Company amortized $52 million, $57 million and $62 million related to excess cost over the Company’s proportionate share of its investment’s underlying net assets allocated to finite-lived intangible assets during the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Such amortization is reflected in Equity earnings of affiliates in the Statements of Operations.
Schedule of Summarized Financial Information	Summarized financial information for Foxtel, presented in accordance with U.S. GAAP, was as follows: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Revenues $ 2,379 $ 2,658 $ 2,897 Operating income (a) 373 441 554 Net income 180 232 304 (a) Includes Depreciation and amortization of $231 million, $319 million and $349 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Operating income before depreciation and amortization was $604 million, $760 million and $903 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. As of June 30, 2016 2015 (in millions) Current assets $ 605 $ 458 Non-current assets 2,470 2,506 Current liabilities 764 731 Non-current liabilities 2,534 2,544

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Components of Property, Plant and Equipment	Useful Lives As of June 30, 2016 2015 (in millions) Land $ 153 $ 161 Buildings and leaseholds 3 to 50 years 1,793 1,925 Machinery and equipment (a) 3 to 40 years 2,872 2,972 4,818 5,058 Less: accumulated depreciation and amortization (b) (2,524 ) (2,493 ) 2,294 2,565 Construction in progress (a) 111 125 Total Property, plant and equipment, net $ 2,405 $ 2,690 (a) Includes capitalized software of approximately $950 million and $898 million as of June 30, 2016 and 2015, respectively. (b) Includes accumulated amortization of capitalized software of approximately $498 million and $447 million as of June 30, 2016 and 2015, respectively.

Goodwill and Other Intangible39

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Carrying Values of Intangible Assets and Related Accumulated Amortization	The carrying values of the Company’s intangible assets and related accumulated amortization for the fiscal years ended June 30, 2016 and June 30, 2015 were as follows: As of June 30, 2016 2015 (in millions) Intangible Assets Not Subject to Amortization Newspaper Mastheads $ 307 $ 308 Distribution Networks 391 392 Imprints 245 266 Trademarks and tradenames 191 120 Total intangible assets not subject to amortization 1,134 1,086 Intangible Assets Subject to Amortization Channel Distribution Agreements (a) 342 366 Publishing Rights (b) 365 389 Customer Relationships (c) 336 336 Other (d) 30 26 Total intangible assets subject to amortization, net 1,073 1,117 Total Intangible assets, net $ 2,207 $ 2,203 (a) Net of accumulated amortization of $58 million and $43 million as of June 30, 2016 and 2015, respectively. The average useful life of the channel distribution agreements is 25 years primarily based on the period that a majority of the future cash flows from these intangibles will be generated. (b) Net of accumulated amortization of $150 million and $122 million as of June 30, 2016 and 2015, respectively. The average useful life of publishing rights is 4 to 30 years primarily based on the weighted-average remaining contractual terms of the underlying publishing contracts and the Company’s estimates of the period within those terms that the asset is expected to generate a majority of its future cash flows. (c) Net of accumulated amortization of $363 million and $340 million as of June 30, 2016 and 2015, respectively. The average useful life of customer relationships ranges from 2 to 25 years. The useful lives of these assets are estimated by applying historical attrition rates and determining the resulting period over which a majority of the accumulated undiscounted cash flows related to the customer relationships are expected to be generated. The useful lives represent the periods over which these intangible assets are expected to contribute directly or indirectly to the Company’s future cash flows. (d) Net of accumulated amortization of $69 million and $50 million as of June 30, 2016 and 2015, respectively. The average useful life of other intangible assets ranges from 2 to 15 years. The useful lives represent the periods over which these intangible assets are expected to contribute directly or indirectly to the Company’s future cash flows.
Schedule of Changes in Carrying Value of Goodwill, by Segment	The changes in the carrying value of goodwill, by segment, are as follows: News and Book Digital Real Cable Network Other Total (in millions) Balance, June 30, 2014 $ 1,701 $ 71 $ 86 $ 599 $ — $ 2,457 Acquisitions — 191 566 — 4 761 Foreign currency movements (5 ) (21 ) (16 ) (113 ) — (155 ) Balance, June 30, 2015 $ 1,696 $ 241 $ 636 $ 486 $ 4 $ 3,063 Acquisitions 80 31 545 — — 656 Foreign currency movements (11 ) (12 ) 28 (10 ) — (5 ) Balance, June 30, 2016 $ 1,765 $ 260 $ 1,209 $ 476 $ 4 $ 3,714

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of Borrowings	The Company’s total borrowings consist of the following: As of As of (in millions) Facility due December 2017 $ 90 $ — Facility due December 2018 90 — Facility due December 2019 179 — Other obligations 13 — Total debt 372 — Less: Current portion (3 ) — Total long-term debt $ 369 $ —
Scheduled of Debt Maturities Excluding Other Obligations and Debt Issuance Costs	Total borrowings, excluding other obligations and debt issuance costs, have the following scheduled maturities for each of the next five fiscal years: As of (in millions) Fiscal 2017 $ — Fiscal 2018 90 Fiscal 2019 90 Fiscal 2020 180 Fiscal 2021 — Thereafter —

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Summary of Total Number and Value of Shares Repurchased	The total number and value of shares repurchased for the fiscal years ended June 30, 2016, 2015 and 2014 are as follows: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Total cost of repurchases $ 39 $ 32 — Total number of shares repurchased 3.1 2.1 —

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Equity-Based Compensation Expense from Continuing Operations	The following table summarizes the Company’s equity-based compensation expense from continuing operations reported in the Statements of Operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Total Equity compensation expense $ 55 $ 53 $ 32 Total intrinsic value of stock options exercised $ 3 $ 24 $ 2
Summary of Activity from Continuing and Discontinued Operations Related to Target PSUs and RSUs Settled in Shares	The following table summarizes the activity from continuing and discontinued operations related to the target PSUs and RSUs granted to the Company’s employees which will be settled in shares of the Company (PSUs and RSUs in thousands): Fiscal 2016 Fiscal 2015 Fiscal 2014 Number Weighted Number Weighted Number Weighted PSUs and RSUs Unvested units at beginning of the year 8,355 $ 16.77 7,222 $ 13.00 5,557 $ 9.46 Granted (a) 3,472 15.51 2,975 17.29 2,924 19.06 RSUs assumed in acquisition (b) — — 2,491 15.20 — — Vested (c) (1,913 ) 13.56 (3,131 ) 10.19 (24 ) 10.70 Cancelled (d) (2,141 ) 15.76 (1,202 ) 11.36 (1,235 ) 11.39 Unvested units at the end of the year (e) 7,773 $ 17.34 8,355 $ 16.77 7,222 $ 13.00 (a) For fiscal 2016, includes 3.0 million target PSUs and 0.3 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2013 that vested during fiscal 2016.For fiscal 2015, includes 2.3 million target PSUs and 0.5 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2012 that vested during fiscal 2015. (b) Represents RSUs assumed in the Move acquisition. The weighted average grant date fair value for the assumed awards was calculated using the fair value of the awards at the acquisition date. (c) The fair value of PSUs and RSUs held by the Company’s employees that vested during the fiscal years ended June 30, 2016, 2015 and 2014 was $26 million, $32 million, and nil, respectively. (d) For fiscal 2016, includes 0.8 million of target PSUs and 0.3 million RSUs cancelled and a payout adjustment of 1.0 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2013 that vested during fiscal 2016. For fiscal 2015, includes 0.3 million of target PSUs and 0.3 million RSUs cancelled during fiscal 2015 and a payout adjustment of 0.6 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2012 that vested during fiscal 2015. (e) The intrinsic value of these unvested RSUs and target PSUs was approximately $89 million as of June 30, 2016.
Summary of Stock Option Transactions	The following table summarizes information about stock option transactions for the employee stock option plans (options in thousands): Fiscal 2016 Fiscal 2015 Fiscal 2014 Options Weighted Options Weighted Options Weighted (in US$) (in US$) (in US$) Outstanding at the beginning of the year 2,008 $ 8.82 263 $ 6.25 463 $ 5.88 Options assumed in acquisition (a) — — 4,336 7.46 — — Exercised (508 ) 7.34 (2,521 ) 6.22 (200 ) 5.39 Cancelled (262 ) 10.75 (70 ) 8.37 — — Outstanding at the end of the year (b) 1,238 $ 9.03 2,008 $ 8.82 263 $ 6.25 Exercisable at the end of the year (c) 945 1,117 263 (a) Represents options assumed in the Move acquisition. The weighted average exercise price for the assumed options was calculated using the converted exercise price at the acquisition date. The converted exercise price was calculated using a formula designed to preserve the value of the awards based on the price per share paid in the acquisition. (b) The intrinsic value of options outstanding held by the Company’s employees as of June 30, 2016, 2015 and 2014 was $3 million, $12.8 million and $3.1 million, respectively. The weighted average remaining contractual life of options outstanding as of June 30, 2016 was 4.74 years. (c) The weighted average remaining contractual life of options exercisable as of June 30, 2016 was 3.94 years.

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	12 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings per Share	The following tables set forth the computation of basic and diluted earnings per share under ASC 260, “Earnings per Share”: For the fiscal years ended June 30, 2016 2015 2014 (in millions, except per share amounts) Income from continuing operations $ 235 $ 367 $ 436 Less: Net income attributable to noncontrolling interests (71 ) (69 ) (55 ) Less: Redeemable preferred stock dividends (a) (2 ) (2 ) (2 ) Income from continuing operations available to News Corporation stockholders 162 296 379 Income (loss) from discontinued operations, net of tax, available to News Corporation stockholders 15 (445 ) (142 ) Net income (loss) available to News Corporation stockholders $ 177 $ (149 ) $ 237 Weighted-average number of shares of common stock outstanding—basic 580.6 581.0 579.0 Dilutive effect of equity awards 1.9 1.6 0.7 Weighted-average number of shares of common stock outstanding—diluted 582.5 582.6 579.7 Income from continuing operations available to News Corporation stockholders per share—basic and diluted $ 0.28 $ 0.51 $ 0.65 Income (loss) from discontinued operations available to News Corporation stockholders per share—basic and diluted $ 0.02 $ (0.77 ) $ (0.24 ) Net income (loss) available to News Corporation stockholders per share—basic and diluted $ 0.30 $ (0.26 ) $ 0.41 (a) See Note 10 —

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Jun. 30, 2016
Related Party Transactions [Abstract]
Schedule of Net Revenue from Related Parties	The following table sets forth the net revenue from related parties included in the Statements of Operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Related party revenue, net of expense $ 319 $ 281 $ 305
Schedule of Amount of Receivables Due from and Payable to Related Parties	The following table sets forth the amount of receivables due from and payable to related parties outstanding on the Balance Sheets: As of June 30, 2016 2015 (in millions) Accounts receivable from related parties $ 86 $ 72 Notes receivable from related parties 338 345 Accounts payable to related parties 31 10

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of Commitments by Fiscal Year Maturity	The following table summarizes the Company’s material firm commitments as of June 30, 2016: As of June 30, 2016 Payments Due by Period Total 1 year 2-3 4-5 After 5 years (in millions) Purchase obligations (a) $ 787 $ 339 $ 183 $ 99 $ 166 Sports programming rights (b) 1,184 158 379 388 259 Operating leases (c) Land and buildings 1,436 129 274 207 826 Plant and machinery 4 2 2 — — Total commitments and contractual obligations $ 3,411 $ 628 $ 838 $ 694 $ 1,251 (a) The Company has commitments under purchase obligations related to printing contracts, capital projects, marketing agreements and other legally binding commitments. (b) The Company has sports programming rights commitments with the National Rugby League, Australian Rugby Union and International Cricket as well as certain other broadcast rights which are payable through fiscal 2023. In November 2015, the Company entered into a sports programming rights agreement with the National Rugby League to license certain media rights for a five year period from 2018 to 2022 for approximately $775 million (A$1.1 billion). In August 2015, the Company entered into a sports programming rights agreement with the Australian Football League to license certain media rights for a six year period from 2017 to 2022 for approximately $850 million (A$1.2 billion). The sports programming rights for the Australian Football League were novated to Foxtel in the fourth quarter of fiscal 2016 and are not included in the table above. (c) The Company leases office facilities, warehouse facilities, printing plants and equipment. These leases, which are classified as operating leases, are expected to be paid at certain dates through fiscal 2062. This amount includes approximately $250 million for office facilities that have been subleased from 21st Century Fox.
Net Impact of U.K. Newspaper Matters on Selling, General and Administrative Expenses	Refer to the table below for the net impact of the U.K. Newspaper Matters on Selling, general and administrative expenses recorded in the Statements of Operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Gross legal and professional fees related to the U.K. Newspaper Matters $ 42 $ 101 $ 169 Indemnification from 21st Century Fox (23 ) (51 ) (97 ) Net impact on Selling, general and administrative expenses $ 19 $ 50 $ 72

Retirement Benefit Obligations

Retirement Benefit Obligations (Tables)	12 Months Ended
	Jun. 30, 2016
Postemployment Benefits [Abstract]
Schedule of Amounts Recognized in Balance Sheets	The Company recognized these amounts in the Balance Sheets at June 30, 2016 and June 30, 2015 as follows: Pension Benefits Domestic Foreign Postretirement benefits Total As of June 30, 2016 2015 2016 2015 2016 2015 2016 2015 (in millions) Other non-current assets $ — $ — $ 4 $ 36 $ — $ — $ 4 $ 36 Other current liabilities — — (1 ) (1 ) (9 ) (11 ) (10 ) (12 ) Retirement benefit obligations (109 ) (80 ) (124 ) (103 ) (117 ) (122 ) (350 ) (305 ) Net amount recognized $ (109 ) $ (80 ) $ (121 ) $ (68 ) $ (126 ) $ (133 ) $ (356 ) $ (281 )
Schedule of Change in Projected Benefit Obligation, Change in Fair Value of Plan Assets and Funded Status	The following table sets forth the change in the projected benefit obligation, change in the fair value of the Company’s plan assets and funded status: Pension Benefits Domestic Foreign Postretirement Benefits Total As of June 30, 2016 2015 2016 2015 2016 2015 2016 2015 (in millions) Projected benefit obligation, beginning of the year $ 382 $ 350 $ 1,272 $ 1,252 $ 133 $ 150 $ 1,787 $ 1,752 Service cost — 1 10 11 — — 10 12 Interest cost 17 17 44 49 5 6 66 72 Benefits paid (18 ) (16 ) (55 ) (58 ) (8 ) (9 ) (81 ) (83 ) Settlements (a) (11 ) (9 ) (33 ) — — — (44 ) (9 ) Actuarial loss/(gain) (b) 28 10 153 85 (2 ) (13 ) 179 82 Foreign exchange rate changes — — (188 ) (122 ) (2 ) (1 ) (190 ) (123 ) Plan curtailments (2 ) — (2 ) — — — (4 ) — Amendments, transfers and other (c) — 29 — 55 — — — 84 Projected benefit obligation, end of the year 396 382 1,201 1,272 126 133 1,723 1,787 Change in the fair value of plan assets for the Company’s benefit plans: Fair value of plan assets, beginning of the year 302 301 1,204 1,234 — — 1,506 1,535 Actual return on plan assets 14 5 107 91 — — 121 96 Employer contributions — — 26 9 — — 26 9 Benefits paid (18 ) (16 ) (55 ) (58 ) — — (73 ) (74 ) Settlements (a) (11 ) (9 ) (33 ) — — — (44 ) (9 ) Foreign exchange rate changes — — (169 ) (120 ) — — (169 ) (120 ) Amendments, transfers and other (c) — 21 — 48 — — — 69 Fair value of plan assets, end of the year 287 302 1,080 1,204 — — 1,367 1,506 Funded status $ (109 ) $ (80 ) $ (121 ) $ (68 ) $ (126 ) $ (133 ) $ (356 ) $ (281 ) (a) Amounts related to payments made to former employees of the Company in full settlement of their deferred pension benefits. (b) Fiscal 2016 actuarial losses for the Company’s pension plans are primarily related to the reduction in discount rates used in measuring plan obligations as of June 30, 2016. Fiscal 2016 actuarial gains related to postretirement benefits primarily relate to favorable changes in plan demographics. Fiscal 2015 actuarial losses for domestic pension plans are primarily related to the strengthening of the mortality tables utilized in measuring plan obligations as of June 30, 2015. Fiscal 2015 actuarial losses for foreign pension plans are primarily related to changes in the discount rate utilized in measuring the plan obligations as of June 30, 2015. Fiscal 2015 actuarial gains related to postretirement benefits primarily relate to changes in plan demographics. (c) For fiscal 2015, the increase in the Company’s pension benefit obligation and plan assets relates to the acquisition of Harlequin and the assumption of Harlequin’s defined benefit pension plans which resulted in an increase in the Company’s net pension liability of approximately $15 million.
Schedule of Amounts Recognized in Accumulated Other Comprehensive (Loss) Income	Amounts recognized in Accumulated other comprehensive (loss) income consist of: Pension Benefits Postretirement Total Domestic Foreign As of June 30, 2016 2015 2016 2015 2016 2015 2016 2015 (in millions) Actuarial losses (gains) $ 158 $ 131 $ 452 $ 439 $ 2 $ 4 $ 612 $ 574 Prior service (benefit) cost — — — — (34 ) (41 ) (34 ) (41 ) Net amounts recognized $ 158 $ 131 $ 452 $ 439 $ (32 ) $ (37 ) $ 578 $ 533
Schedule of Amounts in Accumulated Other Comprehensive (Loss) Income Expected to be Recognized as Component of Net Periodic Pension Cost	Amounts in Accumulated other comprehensive (loss) income expected to be recognized as a component of net periodic pension cost in fiscal 2017: Pension Benefits Postretirement Total Domestic Foreign As of June 30, 2016 (in millions) Actuarial losses (gains) $ 5 $ 17 $ — $ 22 Prior service (benefit) cost — — (4 ) (4 ) Net amounts recognized $ 5 $ 17 $ (4 ) $ 18
Schedule of Accumulated and Projected Benefit Obligations and Fair Value of Plan Assets for Funded and Unfunded Pension Plans	Below is information about funded and unfunded pension plans. Domestic Pension Benefits Funded Plans Unfunded Plans Total As of June 30, 2016 2015 2016 2015 2016 2015 (in millions) Projected benefit obligation $ 383 $ 370 $ 13 $ 12 $ 396 $ 382 Accumulated benefit obligation 383 368 13 12 396 380 Fair value of plan assets 287 302 — — 287 302 Foreign Pension Benefits Funded Plans Unfunded Plans Total As of June 30, 2016 2015 2016 2015 2016 2015 (in millions) Projected benefit obligation $ 1,131 $ 1,198 $ 70 $ 74 $ 1,201 $ 1,272 Accumulated benefit obligation 1,122 1,185 70 74 1,192 1,259 Fair value of plan assets 1,080 1,204 — — 1,080 1,204
Schedule of Accumulated Benefit Obligation Exceeds Fair Value of Plan Assets	Below is information about foreign pension plans in which the accumulated benefit obligation exceeds the fair value of the plan assets. Funded Plans Unfunded Plans Total As of June 30, 2016 2015 2016 2015 2016 2015 (in millions) Projected benefit obligation $ 821 $ 550 $ 70 $ 74 $ 891 $ 624 Accumulated benefit obligation 821 549 70 74 891 623 Fair value of plan assets 773 525 — — 773 525
Schedule of Components of Net Periodic Benefits Costs	The components of net periodic benefits costs were as follows: Pension Benefits Domestic Foreign Postretirement Benefits Total For the fiscal years ended June 30, 2016 2015 2014 2016 2015 2014 2016 2015 2014 2016 2015 2014 (in millions) Service cost benefits earned during the period $ — $ 1 $ 4 $ 10 $ 11 $ 12 $ — $ — $ 1 $ 10 $ 12 $ 17 Interest costs on projected benefit obligations 17 17 16 44 49 51 5 6 7 66 72 74 Expected return on plan assets (19 ) (22 ) (17 ) (62 ) (71 ) (76 ) — — — (81 ) (93 ) (93 ) Amortization of deferred losses 4 3 4 14 13 12 — — (1 ) 18 16 15 Amortization of prior service costs — — — — — — (7 ) (13 ) (13 ) (7 ) (13 ) (13 ) Settlements, curtailments and other — 2 4 2 — 3 — — — 2 2 7 Net periodic benefits costs- Total $ 2 $ 1 $ 11 $ 8 $ 2 $ 2 $ (2 ) $ (7 ) $ (6 ) $ 8 $ (4 ) $ 7
Schedule of Assumptions Used	Pension Benefits Domestic Foreign Postretirement Benefits For the fiscal years ended June 30, 2016 2015 2014 2016 2015 2014 2016 2015 2014 Additional information: Weighted-average assumptions used to determine benefit obligations Discount rate 3.7 % 4.5 % 4.5 % 2.9 % 3.7 % 4.2 % 3.4 % 4.2 % 4.0 % Rate of increase in future compensation N/A 3.0 % N/A 2.7 % 2.9 % 3.6 % N/A N/A N/A Weighted-average assumptions used to determine net periodic benefit cost Discount rate 4.5 % 4.5 % 5.0 % 3.7 % 4.2 % 4.5 % 4.2 % 4.0 % 4.7 % Expected return on plan assets 6.5 % 7.0 % 7.0 % 5.5 % 6.2 % 6.8 % N/A N/A N/A Rate of increase in future compensation 3.0 % 3.0 % 5.3 % 2.9 % 3.6 % 3.7 % N/A N/A N/A N/A – not applicable
Schedule of Health Care Cost Trend Rates	The following assumed health care cost trend rates as of June 30 were also used in accounting for postretirement benefits: Postretirement benefits Fiscal 2016 Fiscal 2015 Health care cost trend rate 6.7 % 6.6 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.5 % 4.6 % Year that the rate reaches the ultimate trend rate 2028 2027
Schedule of Effect of One Percentage Point Change in Assumed Health Care Cost Trend Rate	The effect of a one percentage point increase and one percentage point decrease in the assumed health care cost trend rate would have the following effects on the results for fiscal 2016: Service and Benefit (in millions) One percentage point increase $ 1 $ 12 One percentage point decrease $ — $ (11 )
Schedule of Expected Benefit Payments	The expected benefits are estimated based on the same assumptions used to measure the Company’s benefit obligation at the end of the fiscal year and include benefits attributable to estimated future employee service: Expected Benefit Payments Pension Benefits Postretirement Total Domestic Foreign (in millions) Fiscal year: 2017 $ 24 47 9 $ 80 2018 21 48 9 78 2019 20 50 9 79 2020 20 53 9 82 2021 21 54 9 84 2022-2026 107 292 41 440
Schedule of Allocation of Plan Assets	The table below presents the Company’s plan assets by level within the fair value hierarchy, as described in Note 2 – Summary of Significant Accounting Policies, as of June 30, 2016 and 2015: As of June 30, 2016 As of June 30, 2015 Total Fair Value Measurements at Fair Value Measurements at Description Level 1 Level 2 Level 3 NAV Total Level 1 Level 2 Level 3 NAV (in millions) Assets Short-term investments $ — $ — $ — $ — $ — $ — $ — $ — $ — $ — Pooled funds: (a) Money market funds — — — — — 4 — 4 — — Domestic equity funds 81 — — — 81 88 — — — 88 International equity funds 244 — — — 244 312 — — — 312 Domestic fixed income funds 160 — — — 160 162 — — — 162 International fixed income funds 618 — — — 618 585 — — — 585 Balanced funds 251 — 57 — 194 337 — 73 — 264 Other 13 2 — 11 — 18 6 — 12 — Total $ 1,367 $ 2 $ 57 $ 11 $ 1,297 $ 1,506 $ 6 $ 77 $ 12 $ 1,411 (a) Open-ended pooled funds that are registered and/or available to the general public are valued at the daily published net asset value (“NAV”). Other pooled funds are valued at the NAV provided by the fund issuer.
Summary of Changes in Fair Value of Investments Reflected as Level 3 Assets	The table below sets forth a summary of changes in the fair value of investments reflected as Level 3 assets as of June 30, 2016 and 2015: Level 3 (in millions) Balance, June 30, 2014 $ 12 Actual return on plan assets: Relating to assets still held at end of period 1 Relating to assets sold during the period — Purchases, sales, settlements and issuances (1 ) Transfers in and out of Level 3 — Balance, June 30, 2015 $ 12 Actual return on plan assets: Relating to assets still held at end of period — Relating to assets sold during the period — Purchases, sales, settlements and issuances (1 ) Transfers in and out of Level 3 — Balance, June 30, 2016 $ 11
Schedule of Weighted-Average Asset Allocations, by Asset Category	The Company’s benefit plan weighted-average asset allocations, by asset category, are as follows: Pension benefits As of June 30, 2016 2015 Asset Category: Equity securities 26 % 29 % Debt securities 62 % 55 % Cash and other 12 % 16 % Total 100 % 100 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Schedule of (Loss) Income Before Income Tax (Benefit) Expense Attributable to Jurisdictions	Income (loss) before income tax (benefit) expense was attributable to the following jurisdictions: For the fiscal years ended June 30, 2016 2015 2014 (a) (in millions) U.S. $ (125 ) $ 148 $ (602 ) Foreign 306 404 424 Income (loss) before income tax (benefit) expense $ 181 $ 552 $ (178 ) (a) See Discussion of Foreign Tax Refund below.
Schedule of Components of Income Tax (Benefit) Expense	The significant components of the Company’s income tax (benefit) expense were as follows: For the fiscal years ended June 30, 2016 2015 2014 (a) (in millions) Current: U.S. Federal $ 15 $ 35 $ 86 State & local 5 11 (19 ) Foreign 102 135 (734 ) Total current tax 122 181 (667 ) Deferred: U.S. Federal (71 ) 16 19 State & local (106 ) 1 12 Foreign 1 (13 ) 22 Total deferred tax (176 ) 4 53 Total income tax (benefit) expense $ (54 ) (b) $ 185 $ (614 ) (a) See Discussion of Foreign Tax Refund below. (b) The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. In addition, a tax benefit of $30 million related to the current year operations of the Digital Education segment was recorded to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. The tax (benefit) expense shown above excludes the tax benefit of the Company’s digital education business. The Company will not have a current federal tax expense after accounting for the current federal tax benefits attributed to discontinued operations.
Net Impact of Tax Refund and Interest, Net of Tax, Recorded in Statement of Operations	Refer to the table below for the net impact of the tax refund and interest, net of tax, recorded in the Statements of Operations: For the fiscal year (in millions) Other, net $ (721 ) Income tax benefit (expense) 721 Net impact to the Statement of Operations $ —
Effective Income Tax Rate Reconciliation	The reconciliation between the Company’s actual effective tax rate and the statutory U.S. Federal income tax rate of 35% was: For the fiscal years ended June 30, 2016 2015 2014 U.S. Federal income tax rate 35 % 35 % 35 % State and local taxes, net (8 ) 1 3 Effect of foreign operations (a) (1 ) (2 ) 38 Foreign tax refund received (b) — — 405 Foreign tax refund paid to 21st Century Fox (b) — — (142 ) Change in valuation allowance (c) (62 ) — — Non-deductible compensation and benefits 3 1 — R&D credits (2 ) (1 ) 2 Other, net 5 — 4 Effective tax rate (d) (30 )% 34 % 345 % (a) The Company’s foreign operations are located primarily in Australia and the United Kingdom (“U.K.”) which have lower income tax rates than the U.S. For the fiscal years ended June 30, 2016 and June 30, 2015, the effect of foreign operations at lower tax rates decreased the Company’s effective tax rate 1% and 2%, respectively, as the Company recorded pre-tax book income on a consolidated basis. For the year ended June 30, 2014, the effect of foreign operations at lower tax rates increased the Company’s effective tax rate 38% as the Company recorded pre-tax book loss on a consolidated basis. (b) The Company recorded a tax benefit, net of applicable taxes on interest, of $721 million for the fiscal year ended June 30, 2014 to Income tax benefit (expense) in the Statements of Operations related to certain foreign tax refunds received. See the discussion of Foreign Tax Refund above. The tax benefit related to these refunds increased our effective tax rate 405%. These foreign tax refunds received were paid to 21st Century Fox, net of applicable taxes on interest, in accordance with the terms of the Tax Sharing and Indemnification Agreement. Accordingly, for the fiscal year ended June 30, 2014, the Company recorded an expense to Other, net of approximately $721 million for the payment to 21st Century Fox in the Statements of Operations. This expense is a non-deductible item the tax effect of which is approximately $252 million and reflected as a decrease of approximately 142% in our effective tax rate. (c) Included in the change in valuation allowance is a tax benefit of $106 million related to the release of previously established valuation allowances related to certain U.S. Federal net operating losses and state deferred tax assets. This benefit was recognized in conjunction with management’s plan to dispose of the Company’s digital education business during fiscal 2016, as the Company now expects to generate sufficient U.S. taxable income to utilize these deferred tax assets prior to expiration. Total tax benefits related to the release of valuation allowances decreased our effective tax rate by 62%. (d) For the fiscal year ended June 30, 2016, the effective tax rate of (30%) represents income tax benefit when compared to consolidated pre-tax book income. For the fiscal year ended June 30, 2015, the effective tax rate of 34% represents an income tax expense when compared to consolidated pre-tax book income. For the fiscal year ended June 30, 2014, the effective tax rate of 345% represents an income tax benefit when compared to consolidated pre-tax book loss. As a result, certain reconciling items between the U.S. federal income tax rate and the Company’s effective tax rate may have the opposite impact.
Summary of Recognized Current and Deferred Income Taxes in Balance Sheets	The Company recognized current and deferred income taxes in the Balance Sheets at June 30, 2016 and 2015, respectively: As of June 30, 2016 2015 (a) (in millions) Other current assets $ — $ 63 Deferred income tax assets 602 219 Other current liabilities — (1 ) Deferred income tax liabilities (171 ) (166 ) Net deferred tax assets $ 431 $ 115 (a) In fiscal 2016, the Company early-adopted ASU 2015-17, “Balance Sheet Classification of Deferred Taxes”, which requires that deferred income tax liabilities and assets be classified as non-current in the Consolidated Balance Sheet. As such, the requirement under prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheet has been eliminated. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17.
Schedule of Components of Deferred Tax Assets and Liabilities	The significant components of the Company’s deferred tax assets and liabilities were as follows: As of June 30, 2016 2015 (in millions) Deferred tax assets: Accrued liabilities $ 185 $ 56 Capital loss carryforwards 803 892 Retirement benefit obligations 112 85 Net operating loss carryforwards 580 540 Business credits 38 46 Other 234 310 Total deferred tax assets 1,952 1,929 Deferred tax liabilities: Asset basis difference and amortization (442 ) (465 ) Other (65 ) (41 ) Total deferred tax liabilities (507 ) (506 ) Net deferred tax asset before valuation allowance 1,445 1,423 Less: valuation allowance (See Note 21 - Valuation and Qualifying Accounts) (1,014 ) (1,308 ) Net deferred tax liabilities $ 431 $ 115
Schedule of Income Tax Net Operating Loss Carryforwards (NOLs) (Gross, Net Uncertain Tax Benefits)	As of June 30, 2016, the Company had income tax Net Operating Loss Carryforwards (NOLs) (gross, net of uncertain tax benefits), in various jurisdictions as follows: Jurisdiction Expiration Amount (in millions) U.S. Federal 2021 to 2036 $ 858 U.S. States Various 581 Australia Indefinite 452 U.K. Indefinite 134 Other Foreign Various 346
Change in Unrecognized Tax Benefits, Excluding Interest and Penalties	The following table sets forth the change in the Company’s unrecognized tax benefits, excluding interest and penalties: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Balance, beginning of period $ 129 $ 58 $ 127 Additions for prior year tax positions 6 79 39 Additions for current year tax positions 4 4 5 Reduction for prior year tax positions (40 ) (7 ) (114 ) Lapse of the statute of limitations (2 ) — — Cash settlements (2 ) — — Impact of currency translations (9 ) (5 ) 1 Balance, end of period $ 86 $ 129 $ 58
Summary of Major Tax Jurisdictions and Fiscal Years Open to Examination	The following is a summary of major tax jurisdictions for which tax authorities may assert additional taxes based upon tax years currently under audit and subsequent years that could be audited by the respective taxing authorities. Jurisdiction Fiscal Years Open to Examination U.S. Federal 2009-2015 U.S. States Various Australia 2010-2015 U.K. 2011-2015

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated	The following table reconciles Total Segment EBITDA to income from continuing operations. For the fiscal years ended June 30, 2016 2015 2014 (in millions) Revenues: News and Information Services $ 5,338 $ 5,731 $ 6,153 Book Publishing 1,646 1,667 1,434 Digital Real Estate Services 822 625 408 Cable Network Programming 484 500 491 Other 2 1 — Total Revenues 8,292 8,524 8,486 Segment EBITDA: News and Information Services $ 214 $ 603 $ 665 Book Publishing 185 221 197 Digital Real Estate Services 344 201 214 Cable Network Programming 124 135 128 Other (183 ) (215 ) (241 ) Total Segment EBITDA 684 945 963 Depreciation and amortization (505 ) (498 ) (552 ) Impairment and restructuring charges (89 ) (84 ) (94 ) Equity earnings of affiliates 30 58 90 Interest, net 43 56 68 Other, net 18 75 (653 ) Income (loss) from continuing operations before income tax benefit (expense) 181 552 (178 ) Income tax benefit (expense) 54 (185 ) 614 Income from continuing operations $ 235 $ 367 $ 436
Reconciliation of Depreciation and Amortization, Capital Expenditures and Goodwill and Intangible Assets from Segments to Consolidated	For the fiscal years ended June 30, 2016 2015 2014 (in millions) Depreciation and amortization: News and Information Services $ 347 $ 365 $ 458 Book Publishing 55 52 36 Digital Real Estate Services 69 44 20 Cable Network Programming 29 33 36 Other 5 4 2 Total Depreciation and amortization $ 505 $ 498 $ 552 For the fiscal years ended June 30, 2016 2015 2014 (in millions) Capital expenditures: News and Information Services $ 174 $ 238 $ 268 Book Publishing 9 12 52 Digital Real Estate Services 64 45 24 Cable Network Programming 8 7 7 Other 1 6 7 Total Capital expenditures $ 256 $ 308 $ 358 As of June 30, 2016 2015 (in millions) Goodwill and intangible assets, net: News and Information Services $ 2,651 $ 2,593 Book Publishing 869 896 Digital Real Estate Services 1,499 835 Cable Network Programming 898 938 Other 4 4 Total goodwill and intangible assets, net $ 5,921 $ 5,266
Reconciliation of Assets from Segments to Consolidated	As of June 30, 2016 2015 (in millions) Total assets: News and Information Services $ 6,728 $ 6,749 Book Publishing 1,855 2,022 Digital Real Estate Services 2,158 1,278 Cable Network Programming 1,101 1,163 Other (a) 1,371 1,352 Investments 2,270 2,379 Assets held for sale — 92 Total assets $ 15,483 $ 15,035 (a) The Other segment primarily includes Cash and cash equivalents.
Revenue and Long-Lived Assets by Geographic Region	Geographic Segments For the fiscal years ended June 30, 2016 2015 2014 (in millions) Revenues: (a) U.S. and Canada (b) $ 3,920 $ 3,808 $ 3,631 Europe (c) 1,873 1,982 2,045 Australasia and Other (d) 2,499 2,734 2,810 Total revenues $ 8,292 $ 8,524 $ 8,486 (a) Revenues are attributed to region based on location of customer. (b) Revenues include approximately $3.8 billion for fiscal 2016, $3.6 billion for fiscal 2015 and $3.5 billion for fiscal 2014 from customers in the U.S. (c) Revenues include approximately $1.5 billion for fiscal 2016, $1.6 billion for fiscal 2015 and $1.8 billion for fiscal 2014 from customers in the U.K. (d) Revenues include approximately $2.3 billion for fiscal 2016, $2.3 billion for fiscal 2015 and $2.6 billion for fiscal 2014 from customers in Australia. As of June 30, 2016 2015 (in millions) Long-lived assets: (a) U.S. and Canada $ 1,058 $ 1,097 Europe 939 1,201 Australasia and Other 804 859 Total long-lived assets $ 2,801 $ 3,157 (a) Reflects total assets less current assets, goodwill, intangible assets, investments and non-current deferred tax assets.

Additional Financial Informat49

Additional Financial Information (Tables)	12 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Components of Other Current Assets Included in Balance Sheets	The following table sets forth the components of Other current assets included in the Balance Sheets: As of June 30, 2016 2015 (in millions) Inventory (a) $ 218 $ 299 Deferred tax assets — 63 Assets held for sale — 92 Amounts due from 21st Century Fox 55 63 Prepayments and other current assets 240 263 Total Other current assets $ 513 $ 780 (a) Inventory as of June 30, 2016 and 2015 was primarily comprised of books, newsprint, printing ink, and programming rights.
Components of Other Non-Current Assets Included in Balance Sheets	The following table sets forth the components of Other non-current assets included in the Balance Sheets: As of June 30, 2016 2015 (in millions) Royalty advances to authors $ 311 $ 304 Other 85 163 Total Other non-current assets $ 396 $ 467
Components of Other Current Liabilities	The following table sets forth the components of Other current liabilities: As of June 30, 2016 2015 (in millions) Current tax payable $ 33 $ 27 Royalties and commissions payable 179 163 Other 254 211 Total Other current liabilities $ 466 $ 401
Components of Other, Net Included in Statements of Operations	The following table sets forth the components of Other, net included in the Statements of Operations: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Gain on iProperty transaction (a) $ 29 $ — $ — Impairment of marketable securities and cost method investments (b) (21 ) (5 ) (10 ) Foreign tax refund payable to 21st Century Fox (c) — — (721 ) Gain on third party pension contribution (d) — — 37 Gain on sale of Australian property — — 36 Gain on sale of marketable securities (e) — 29 6 Dividends received from cost method investments — 25 — Gain on sale of cost method investments — 15 — Other 10 11 (1 ) Total Other, net $ 18 $ 75 $ (653 ) (a) See Note 3—Acquisitions, Disposals and Other Transactions. (b) See Note 6—Investments (c) See Note 18—Income Taxes (d) During the first quarter of fiscal 2014 approximately $37 million of contributions were made to a foreign pension plan by a third party in connection with the sale of a business in a prior period on behalf of former employees who retained certain pension benefits. This contribution reduced the Company’s Retirement benefit obligation and resulted in a gain being recognized in Other, net in the Statement of Operations during the fiscal year ended June 30, 2014. (e) In August 2014, REA Group completed the sale of a minority interest held in marketable securities for total cash consideration of $104 million. As a result of the sale, REA Group recognized a pre-tax gain of $29 million, which was reclassified out of accumulated other comprehensive income and included in Other, net in the Statement of Operations.
Components of Accumulated Other Comprehensive (Loss) Income	The components of Accumulated other comprehensive (loss) income were as follows: For the fiscal years ended June 30, 2016 2015 2014 (in millions) Accumulated other comprehensive (loss) income, net of tax: Unrealized holding gains (losses) on securities: Balance, beginning of year $ 19 $ 24 $ 2 Fiscal year activity (a) 1 (5 ) 22 Balance, end of year 20 19 24 Benefit Plan Adjustments: Balance, beginning of year (413 ) (384 ) (348 ) Fiscal year activity (b) (32 ) (29 ) (36 ) Balance, end of year (445 ) (413 ) (384 ) Foreign currency translation adjustments: Balance, beginning of year (188 ) 971 617 Fiscal year activity (c) (397 ) (1,159 ) 354 Balance, end of year (585 ) (188 ) 971 Share of other comprehensive income from equity affiliates, net: Balance, beginning of year — (1 ) — Fiscal year activity (d) (16 ) 1 (1 ) Balance, end of year (16 ) — (1 ) Total accumulated other comprehensive (loss) income, net of tax: Balance, beginning of year (582 ) 610 271 Fiscal year activity, net of income taxes (444 ) (1,192 ) 339 Balance, end of year $ (1,026 ) $ (582 ) $ 610 (a) Net of income tax expense of nil, nil and $14 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. (b) Net of income tax (benefit) of ($14) million, ($11) million and ($3) million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. (c) Excludes ($1) million, ($24) million and $2 million relating to noncontrolling interests for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. (d) Net of income tax (benefit) expense of ($7) million, $1 million and ($1) million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.

Valuation and Qualifying Acco50

Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Jun. 30, 2016
Valuation and Qualifying Accounts [Abstract]
Schedule of Valuation and Qualifying Accounts	Additions Acquisitions Utilization Foreign Balance at (in millions) Fiscal 2016 Allowances for returns and doubtful accounts $ (220 ) $ (566 ) $ (12 ) $ 582 $ 3 $ (213 ) Deferred tax valuation allowance (1,308 ) (8 ) 109 114 79 (1,014 ) Fiscal 2015 Allowances for returns and doubtful accounts $ (175 ) $ (573 ) $ (68 ) $ 586 $ 10 $ (220 ) Deferred tax valuation allowance (1,393 ) (102 ) (186 ) 290 83 (1,308 ) Fiscal 2014 Allowances for returns and doubtful accounts $ (175 ) $ (382 ) $ — $ 384 $ (2 ) $ (175 ) Deferred tax valuation allowance (1,391 ) (105 ) — — 103 (1,393 )

Quarterly Data (Tables)

Quarterly Data (Tables)	12 Months Ended
	Jun. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	For the three months ended September 30, December 31, March 31, June 30, (in millions, except per share amounts) Fiscal 2016 Revenues $ 2,014 $ 2,161 $ 1,891 $ 2,226 Income (loss) from continuing operations attributable to News Corporation stockholders 129 87 (147 ) 95 Income (loss) from discontinued operations, net of tax 46 (24 ) (2 ) (5 ) Net income (loss) attributable to News Corporation stockholders 175 63 (149 ) 90 Income (loss) from continuing operations available to News Corporation stockholders per share—basic and diluted $ 0.22 $ 0.15 $ (0.26 ) $ 0.16 Income (loss) available to News Corporation stockholders per share—basic and diluted 0.08 (0.04 ) — (0.01 ) Income (loss) available to News Corporation stockholders per share—basic and diluted $ 0.30 $ 0.11 $ (0.26 ) $ 0.15 Fiscal 2015 Revenues $ 2,108 $ 2,258 $ 2,041 $ 2,117 Income from continuing operations attributable to News Corporation stockholders 86 162 45 5 Loss from discontinued operations, net of tax (21 ) (19 ) (22 ) (383 ) Net income (loss) attributable to News Corporation stockholders 65 143 23 (378 ) Income from continuing operations available to News Corporation stockholders per share—basic and diluted $ 0.15 $ 0.27 $ 0.08 $ 0.01 Loss available to News Corporation stockholders per share—basic and diluted (0.04 ) (0.03 ) (0.04 ) (0.66 ) Income (loss) available to News Corporation stockholders per share—basic and diluted $ 0.11 $ 0.24 $ 0.04 $ (0.65 )

Summary of Significant Accoun52

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Significant Accounting Policies [Line Items]
Cash held at segment	$ 1,832,000,000	$ 1,951,000,000	$ 3,145,000,000	$ 2,381,000,000
Restricted cash	$ 315,000,000	0
Prepublication costs amortization description	Prepublication costs are amortized from the year of publication over their estimated useful lives, using the straight-line method for capitalized costs with an estimated useful life of one year or less and sum of the years' digits for capitalized costs exceeding one year.
Amortization of prepublication costs	$ 43,000,000	43,000,000	37,000,000
Insignificant influence on investments	Generally less than a 20% ownership interest
Unearned advance write-off policy	Recovery and a provision is established to write-off the unearned advance, usually between 6 and 12 months after publication
Revenues from barter transactions	$ 58,000,000	56,000,000	47,000,000
Expense from barter transactions	58,000,000	56,000,000	41,000,000
Advertising and promotional expenses	$ 607,000,000	530,000,000	$ 442,000,000
Minimum [Member]
Significant Accounting Policies [Line Items]
Interest owned to exercise significant influence	20.00%
Property, plant and equipment, useful life	3 years
Maximum [Member]
Significant Accounting Policies [Line Items]
Interest owned to exercise significant influence	50.00%
Property, plant and equipment, useful life	50 years
Internal-use Software [Member] | Minimum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	2 years
Internal-use Software [Member] | Maximum [Member]
Significant Accounting Policies [Line Items]
Property, plant and equipment, useful life	10 years
Adjustments for New Accounting Principle, Early Adoption [Member] | Level 1 [Member]
Significant Accounting Policies [Line Items]
Reduction in pension assets	$ 0	(104,000,000)
Adjustments for New Accounting Principle, Early Adoption [Member] | Level 2 [Member]
Significant Accounting Policies [Line Items]
Reduction in pension assets	(1,297,000,000)	(1,307,000,000)
Other Current Assets [Member]
Significant Accounting Policies [Line Items]
Prepublication costs	33,000,000	34,000,000
REA Group [Member]
Significant Accounting Policies [Line Items]
Cash held at segment	$ 95,000,000	$ 60,000,000

Summary of Significant Accoun53

Summary of Significant Accounting Policies - Components of Receivables, Net (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Receivables [Abstract]
Receivables	$ 1,442	$ 1,503
Allowances for returns and doubtful accounts	(213)	(220)
Receivables, net	$ 1,229	$ 1,283

Acquisitions, Disposals and O54

Acquisitions, Disposals and Other Transactions - Additional Information (Detail) £ / shares in Units, $ / shares in Units, £ in Millions, AUD in Millions, $ in Millions

Jun. 30, 2016USD ($)

Jun. 30, 2016GBP (£)£ / shares

Sep. 30, 2015USD ($)

Sep. 30, 2015GBP (£)

May 31, 2016USD ($)

Feb. 29, 2016USD ($)Tranche

Feb. 29, 2016AUDTranche

Jul. 31, 2015USD ($)

Nov. 30, 2014USD ($)$ / shares

Aug. 31, 2014USD ($)

Dec. 31, 2013USD ($)

Sep. 30, 2013StateProduct

Sep. 30, 2015USD ($)

Jun. 30, 2016USD ($)

Jun. 30, 2015USD ($)

Jun. 30, 2014USD ($)

Jan. 31, 2016

Sep. 30, 2015GBP (£)

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, goodwill amount

$ 656

$ 761

Business acquisition recognized gain resulting from remeasurement of previously held equity interest

[1]

29

0

$ 0

Restricted cash

$ 315

315

0

Deferred tax assets gross

1,952

1,952

1,929

Valuation allowances

1,014

1,014

1,308

Net deferred tax asset

431

431

$ 115

[2]

REA Group [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Interest acquired

20.00%

LMG [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

States of operation | State

7

LMG [Member] | Daily Newspapers [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Number of products | Product

8

LMG [Member] | Weekly Newspapers [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Number of products | Product

15

Unruly Holdings Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 90

£ 60

Future cash consideration related to contingent payments

86

$ 86

£ 56

Future consideration related to contingent payments

40

40

Business acquisition purchase price allocation, goodwill amount

68

Unruly Holdings Limited [Member] | Acquired Technology [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable intangible assets

$ 43

43

Finite lived intangible assets, weighted average useful life

7 years

7 years

Unruly Holdings Limited [Member] | Customer Relationships and Trade Names [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable intangible assets

$ 21

21

Finite lived intangible assets, weighted average useful life

6 years

6 years

DIAKRIT International Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 40

Business acquisition, acquired interest percentage

92.00%

Non-controlling ownership percentage

8.00%

Number of tranches | Tranche

2

2

Option to sell minority interest, period

6 years

6 years

Harlequin Enterprises Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 414

Business acquisition purchase price allocation, amortizable intangible assets

$ 60

Finite lived intangible assets, weighted average useful life

5 years

Business acquisition purchase price allocation, goodwill amount

$ 185

Business acquisition purchase price allocation, cash

19

Business acquisition purchase price allocation, net tangible assets

115

Business acquisition purchase price allocation, net intangible assets

165

Business acquisition purchase price allocation, non-amortizable intangible assets

105

Business acquisition purchase price allocation, deferred tax liability

$ 35

Move Inc [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 892

Business acquisition, cost of acquired entity, cash paid

864

Business acquisition purchase price allocation, cash

108

Business acquisition purchase price allocation, net intangible assets

$ 216

Shares purchase price | $ / shares

$ 21

Fair value of assumed outstanding equity-based compensation awards

$ 67

Assumed equity-based compensation awards - pre-combination services

28

Consideration transferred for future services

$ 39

Business combination, weighted average remaining service period

2 years 6 months

Business acquisition, cash paid for outstanding indebtedness

$ 129

Move Inc [Member] | U.S. Federal [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Net operating loss carryforwards

947

Deferred tax assets gross

332

Valuation allowances and unrecognized tax benefits

484

Valuation allowances

170

Expected net operating loss carryforwards to be utilized

463

Net deferred tax asset

162

Increase in expected net operating loss carryforwards

167

Increase in expected net operating loss carryforwards tax-effected

$ 58

Reduction in net operating loss carryforwards

(298)

Expected net operating loss carryforwards

573

573

Expected net operating loss carryforwards tax-effected

201

201

Move Inc [Member] | Trademarks [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, non-amortizable intangible assets

116

Move Inc [Member] | Customer Relationships Other Tradenames and Listing Service Agreements [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable intangible assets

$ 100

Finite lived intangible assets, weighted average useful life

15 years

Move Inc [Member] | Technology-Based Intangible Assets [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable intangible assets

$ 39

Finite lived intangible assets, weighted average useful life

4 years

Checkout 51 Mobile Apps ULC [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 13

Deferred cash consideration related to contingent payments

$ 10

iProperty Group Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 416

Future consideration related to contingent payments

76

Business acquisition purchase price allocation, amortizable intangible assets

72

Business acquisition, cost of acquired entity, cash paid

340

iProperty Group Limited [Member] | REA Group [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Future consideration related to contingent payments

$ 76

Non-controlling ownership percentage

13.10%

Business acquisition, ownership percentage

22.70%

86.90%

22.70%

22.70%

22.70%

Company ownership percentage

61.60%

61.60%

Business acquisition, cost of acquired entity, cash paid

$ 340

AUD 482

Minority interest ownership redeemable year

2,018

iProperty Group Limited [Member] | REA Group [Member] | Other, Net [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition recognized gain resulting from remeasurement of previously held equity interest

$ 29

Flatmates [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 19

Future cash consideration related to contingent payments

$ 15

Wireless Group plc [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

300

£ 220

Business acquisition, cost of acquired entity per share | £ / shares

£ 0.315

Restricted cash

$ 315

315

Storyful Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 25

Business acquisition, cost of acquired entity, cash paid

$ 19

Australian Regional Media [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity

$ 30

[1]

See Note 3-Acquisitions, Disposals and Other Transactions.

[2]

In fiscal year 2016, the Company early-adopted ASU 2015-17, "Balance Sheet Classification of Deferred Taxes", which requires that deferred income tax liabilities and assets be classified as noncurrent in the Consolidated Balance Sheet. As such the requirement under prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheet has been eliminated. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17.

Acquisitions, Disposals and O55

Acquisitions, Disposals and Other Transactions - Schedule of Total Fair Value of iProperty at Acquisition Date (Detail) - iProperty Group Limited [Member] $ in Millions	1 Months Ended
	Feb. 29, 2016USD ($)
Business Acquisition [Line Items]
Cash paid for iProperty equity	$ 340
Deferred consideration	76
Total consideration	416
The fair value of the previously held equity investment subsequent to step acquisition remeasurement	120
Total fair value	$ 536

Acquisitions, Disposals and O56

Acquisitions, Disposals and Other Transactions - Schedule of Fair Value of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Feb. 29, 2016	Jun. 30, 2015	Nov. 30, 2014	Jun. 30, 2014
Assets acquired:
Goodwill	$ 3,714		$ 3,063		$ 2,457
iProperty Group Limited [Member]
Assets acquired:
Goodwill		$ 498
Intangible assets		72
Liabilities assumed:
Net Liabilities		(34)
Net assets acquired		$ 536
Move Inc [Member]
Assets acquired:
Cash				$ 108
Other current assets				28
Intangible assets				216
Deferred income taxes				153
Goodwill				552
Other non-current assets				69
Total assets acquired				1,126
Liabilities assumed:
Current liabilities				50
Deferred income taxes				52
Borrowings				129
Other non-current liabilities				3
Total liabilities assumed				234
Net assets acquired				$ 892

Acquisitions, Disposals and O57

Acquisitions, Disposals and Other Transactions - Schedule of Total Transaction Value for Acquisition (Detail) - Move Inc [Member] $ in Millions	1 Months Ended
	Nov. 30, 2014USD ($)
Business Acquisition [Line Items]
Cash paid for equity	$ 864
Assumed equity-based compensation awards-pre-combination services	28
Total consideration transferred	892
Plus: Assumed debt	129
Plus: Assumed equity-based compensation awards-post-combination services	39
Less: Cash acquired	(108)
Total transaction value	$ 952

Discontinued Operations - Addit

Discontinued Operations - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, pre-tax non-cash impairment charge		$ 0	$ 0	$ 14
Impairment charges, goodwill		0	325	0
Capitalized Software [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Write-down of capitalized software development costs			$ 45
Severance and Lease Termination Costs [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss before income tax benefit		17
Minimum [Member] | Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Fair value, long-term growth rates			0.00%
Fair value, discount rates			12.00%
Maximum [Member] | Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Fair value, long-term growth rates			4.00%
Fair value, discount rates			45.00%
Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss before income tax benefit		(159)	$ (496)	$ (219)
Assets of discontinued operations [Member] | Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued operations, pre-tax non-cash impairment charge	$ 76
Income tax benefit discontinued operations		$ 144

Discontinued Operations - Summa

Discontinued Operations - Summary of Results of Operations from Discontinued Segment (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income (loss) from discontinued operations, net of tax	$ (383)	$ (22)	$ (19)	$ (21)	$ (5)	$ (2)	$ (24)	$ 46	$ 15	$ (445)	$ (142)
Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues									27	109	88
Loss before income tax benefit									(159)	(496)	(219)
Income tax benefit									174	51	77
Income (loss) from discontinued operations, net of tax									$ 15	$ (445)	$ (142)

Discontinued Operations - Sum60

Discontinued Operations - Summary of Results of Operations and Cash Flows from Discontinued Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net decrease in cash and cash equivalents	$ (61)	$ (227)	$ (196)
Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net cash used in operating activities	(74)	(157)	(175)
Net cash provided by (used in) investing activities	13	(70)	(21)
Net cash used in financing activities	0	0	0
Net decrease in cash and cash equivalents	$ (61)	$ (227)	$ (196)

Discontinued Operations - Sum61

Discontinued Operations - Summary of Assets and Liabilities Held for Sale Related to Discontinued Operations (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net (liabilities) assets held for sale	$ 0	$ 92
Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Current assets	1	54
Non-current assets	0	100
Total assets	1	154
Current Liabilities	7	46
Non-current liabilities	0	16
Total liabilities	7	62
Net (liabilities) assets held for sale	$ (6)	$ 92

Restructuring Programs - Additi

Restructuring Programs - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 89	$ 84	$ 79
Other Current Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities, current	34
Other Non-Current Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities, non-current	10
News and Information Services [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 79	$ 75	$ 67

Restructuring Programs - Schedu

Restructuring Programs - Schedule of Changes in Restructuring Program Liabilities (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	$ 58	$ 28	$ 59
Additions	89	84	79
Payments	(96)	(52)	(107)
Other	(7)	(2)	(3)
Restructuring Liabilities, Ending Balance	44	58	28
One Time Employee Termination Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	47	21	51
Additions	86	74	69
Payments	(95)	(46)	(101)
Other	(5)	(2)	2
Restructuring Liabilities, Ending Balance	33	47	21
Facility Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	5	7	6
Additions	1	1	8
Payments	(1)	(3)	(5)
Other	0	0	(2)
Restructuring Liabilities, Ending Balance	5	5	7
Other Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	6	0	2
Additions	2	9	2
Payments	0	(3)	(1)
Other	(2)	0	(3)
Restructuring Liabilities, Ending Balance	$ 6	$ 6	$ 0

Investments - Schedule of Inves

Investments - Schedule of Investments (Detail) AUD in Millions, $ in Millions		Jun. 30, 2016USD ($)		Jun. 30, 2016AUD	Jun. 30, 2015USD ($)
Schedule of Investments [Line Items]
Loan receivable from Foxtel		$ 338			$ 345
Available-for-sale securities	[1]	189			185
Cost method investments	[2]	205			205
Total Investments		2,270			2,379
Other Equity Method Investments [Member]
Schedule of Investments [Line Items]
Equity method investments	[3]	101			168
Foxtel [Member]
Schedule of Investments [Line Items]
Equity method investments	[4]	1,437			1,476
Loan receivable from Foxtel		$ 338	[5]	AUD 451	$ 345	[5]
Equity method investment, ownership percentage	[4]	50.00%		50.00%
[1]	Available-for-sale securities primarily include the Company's investments in The Rubicon Project, Inc. and APN. During fiscal 2015, the Company purchased a 14.99% interest in APN for approximately $112 million. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest for $20 million. APN operates a portfolio of Australian radio and outdoor media assets.
[2]	Cost method investments primarily include the Company's investment in SEEKAsia Limited ("SEEK Asia") and certain investments in China. In November 2014, SEEK Asia, in which the Company owned a 12.1% interest, acquired the online employment businesses of JobStreet Corporation Berhad ("JobStreet"), which were combined with JobsDB, Inc., SEEK Asia's existing online employment business. The transaction was funded primarily through additional contributions by SEEK Asia shareholders which did not have an impact on the Company's ownership. The Company's share of the funding contribution was approximately $60 million. In June 2015, the Company purchased an additional 0.8% interest in SEEK Asia for approximately $7 million, which increased the Company's investment to approximately 12.9%. In June 2016, the Company's interest in SEEK Asia increased to approximately 13.75% as a result of the repurchase and cancellation of shares owned by certain other shareholders.
[3]	Other equity method investments as of June 30, 2015 primarily included REA Group's investment in iProperty. In July 2014, REA Group purchased a 17.22% interest in iProperty for total cash consideration of approximately $100 million. In December 2014, REA Group sold Squarefoot, its Hong Kong based business, to iProperty in exchange for an additional 2.2% interest in iProperty. As of June 30, 2015, REA Group owned an approximate 19.9% interest in iProperty and increased its ownership percentage to an approximate 22.7% interest in the first quarter of fiscal 2016. In February 2016, REA Group increased its ownership interest in iProperty to approximately 86.9% for A$482 million (approximately $340 million) and its results since acquisition are now consolidated within the Digital Real Estate Services segment. (See Note 3-Acquisitions, Disposals and Other Transactions).
[4]	The change in the Foxtel investment for the fiscal year ended June 30, 2016 was primarily due to the impact of foreign currency fluctuations. For the fiscal years ended June 30, 2016 and 2015, the Company received dividends from Foxtel of $26 million and $107 million, respectively. The Company's investment in Foxtel exceeded its equity in the underlying net assets by approximately $1.5 billion as of June 30, 2016. This amount represented the excess cost over the Company's proportionate share of its investment's underlying net assets. This has been allocated between finite-lived intangible assets, indefinite-lived intangible assets and goodwill. The finite-lived intangible assets of approximately $0.5 billion primarily represent subscriber relationships with a weighted remaining average useful life of 7 years.
[5]	In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and Foxtel's shareholders made pro rata capital contributions in the form of subordinated shareholder notes based on their respective ownership interests. The Company's share of the subordinated shareholder notes was approximately A$451 million ($338 million and $345 million as of June 30, 2016 and June 30, 2015, respectively). The subordinated shareholder notes can be repaid beginning in July 2022 provided that Foxtel's senior debt has been repaid. The subordinated shareholder notes have a maturity date of July 15, 2027, with interest payable on June 30 each year and at maturity. On June 22, 2016, Foxtel and Foxtel's shareholders agreed to modify the terms of the loan receivable to reduce the interest rate from 12% to 10.5%, to more closely align with current market rates. Foxtel paid interest at a rate of 10.5% for fiscal 2016. Upon maturity, the principal advanced will be repayable.

Investments - Schedule of Inv65

Investments - Schedule of Investments (Parenthetical) (Detail) AUD in Millions, $ in Millions	1 Months Ended						12 Months Ended
	Feb. 29, 2016USD ($)	Feb. 29, 2016AUD	Jun. 30, 2015USD ($)		Nov. 30, 2014USD ($)	Jul. 31, 2014USD ($)	Jun. 30, 2016USD ($)		Jun. 30, 2015USD ($)		Jun. 30, 2014USD ($)	Jun. 30, 2016AUD	Jun. 22, 2016	Jun. 21, 2016	Jan. 31, 2016	Sep. 30, 2015	Dec. 31, 2014
Schedule of Investments [Line Items]
Cash distributions received from affiliates							$ 34		$ 138		$ 153
Finite-lived intangible assets, net			$ 1,117				1,073		1,117
Loan receivable from Foxtel			$ 345				$ 338		$ 345
APN [Member]
Schedule of Investments [Line Items]
Ownership interest percentage on investment			14.99%				14.99%		14.99%			14.99%
Purchase price of ownership interest							$ 20		$ 112
SEEK Asia Limited [Member]
Schedule of Investments [Line Items]
Ownership interest percentage on investment			12.90%		12.10%		13.75%		12.90%			13.75%
Additional ownership interest percentage on investment			0.80%						0.80%
Other investments, amount					$ 60
Purchase price of additional ownership interest			$ 7
iProperty Group Limited [Member]
Schedule of Investments [Line Items]
Business acquisition, cost of acquired entity, cash paid	$ 340
iProperty Group Limited [Member] | REA Group [Member]
Schedule of Investments [Line Items]
Ownership interest percentage on investment			19.90%			17.22%			19.90%
Additional ownership interest percentage on investment																	2.20%
Business acquisition, ownership percentage	86.90%	86.90%													22.70%	22.70%
Business acquisition, cost of acquired entity, cash paid	$ 340	AUD 482
Other Equity Method Investments [Member] | iProperty Group Limited [Member] | REA Group [Member]
Schedule of Investments [Line Items]
Equity method investment, cash consideration paid						$ 100
Foxtel [Member]
Schedule of Investments [Line Items]
Cash distributions received from affiliates							$ 26		$ 107
Investment exceeds equity in underlying net assets							1,500
Loan receivable from Foxtel			$ 345	[1]			338	[1]	$ 345	[1]		AUD 451
Foxtel [Member] | Subscriber Relationships [Member]
Schedule of Investments [Line Items]
Finite-lived intangible assets, net							$ 500
Finite Lived Intangible Asset Useful Life							7 years
Foxtel Shareholder Notes [Member]
Schedule of Investments [Line Items]
Earliest date subordinated note can be repaid							Jul. 1, 2022
Maturity date of subordinated note							Jul. 15, 2027
Foxtel Shareholder Notes [Member] | Foxtel [Member]
Schedule of Investments [Line Items]
Percentage of loan receivable							10.50%					10.50%	10.50%	12.00%
[1]	In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and Foxtel's shareholders made pro rata capital contributions in the form of subordinated shareholder notes based on their respective ownership interests. The Company's share of the subordinated shareholder notes was approximately A$451 million ($338 million and $345 million as of June 30, 2016 and June 30, 2015, respectively). The subordinated shareholder notes can be repaid beginning in July 2022 provided that Foxtel's senior debt has been repaid. The subordinated shareholder notes have a maturity date of July 15, 2027, with interest payable on June 30 each year and at maturity. On June 22, 2016, Foxtel and Foxtel's shareholders agreed to modify the terms of the loan receivable to reduce the interest rate from 12% to 10.5%, to more closely align with current market rates. Foxtel paid interest at a rate of 10.5% for fiscal 2016. Upon maturity, the principal advanced will be repayable.

Investments - Schedule of Avail

Investments - Schedule of Available-for-Sale Investments (Detail) - USD ($) $ in Millions		Jun. 30, 2016	Jun. 30, 2015
Investments Schedule [Abstract]
Cost basis of available-for-sale investments		$ 155	$ 164
Accumulated gross unrealized gain		34	46
Accumulated gross unrealized loss		0	(25)
Fair value of available-for-sale investments	[1]	189	185
Net deferred tax liability		$ 13	$ 11
[1]	Available-for-sale securities primarily include the Company's investments in The Rubicon Project, Inc. and APN. During fiscal 2015, the Company purchased a 14.99% interest in APN for approximately $112 million. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest for $20 million. APN operates a portfolio of Australian radio and outdoor media assets.

Investments - Schedule of Earni

Investments - Schedule of Earnings of Equity Affiliates (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Schedule of Equity Method Investments [Line Items]
Equity earnings of affiliates		$ 30	$ 58	$ 90
Foxtel [Member]
Schedule of Equity Method Investments [Line Items]
Equity earnings of affiliates	[1]	38	59	90
Other Equity Affiliates, Net [Member]
Schedule of Equity Method Investments [Line Items]
Equity earnings of affiliates		$ (8)	$ (1)	$ 0
[1]	(a) In accordance with ASC 350, the Company amortized $52 million, $57 million and $62 million related to excess cost over the Company's proportionate share of its investment's underlying net assets allocated to finite-lived intangible assets during the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Such amortization is reflected in Equity earnings of affiliates in the Statements of Operations.

Investments - Schedule of Ear68

Investments - Schedule of Earnings of Equity Affiliates (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Equity Earnings Of Affiliates [Member] | Foxtel [Member]
Schedule of Equity Method Investments [Line Items]
Amortization of excess basis allocated to finite-lived intangible assets	$ 52	$ 57	$ 62

Investments - Additional Inform

Investments - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Investment [Line Items]
Investments written-off	$ 21	$ 5	$ 10
Reclassification out of Accumulated Other Comprehensive Income [Member]
Investment [Line Items]
Investments written-off	$ 17

Investments - Schedule of Summa

Investments - Schedule of Summarized Financial Information (Detail) - Foxtel [Member] - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Schedule of Equity Method Investments [Line Items]
Revenues		$ 2,379	$ 2,658	$ 2,897
Operating income	[1]	373	441	554
Net income		180	232	$ 304
Current assets		605	458
Non-current assets		2,470	2,506
Current liabilities		764	731
Non-current liabilities		$ 2,534	$ 2,544
[1]	(a) Includes Depreciation and amortization of $231 million, $319 million and $349 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively. Operating income before depreciation and amortization was $604 million, $760 million and $903 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.

Investments - Schedule of Sum71

Investments - Schedule of Summarized Financial Information (Parenthetical) (Detail) - Foxtel [Member] - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Schedule of Equity Method Investments [Line Items]
Depreciation and amortization	$ 231	$ 319	$ 349
Operating income before depreciation and amortization	$ 604	$ 760	$ 903

Property, Plant and Equipment -

Property, Plant and Equipment - Components of Property, Plant and Equipment (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015
Property, Plant and Equipment [Line Items]
Land		$ 153	$ 161
Buildings and leaseholds		1,793	1,925
Machinery and equipment	[1]	2,872	2,972
Property plant and equipment, gross		4,818	5,058
Less: accumulated depreciation and amortization	[2]	(2,524)	(2,493)
Property plant and equipment, before construction in progress		2,294	2,565
Construction in progress	[1]	111	125
Total Property, plant and equipment, net		$ 2,405	$ 2,690
Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Lives		3 years
Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Lives		50 years
Buildings and Leaseholds [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Lives		3 years
Buildings and Leaseholds [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Lives		50 years
Machinery and Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Lives	[1]	3 years
Machinery and Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Useful Lives	[1]	40 years
[1]	(a) Includes capitalized software of approximately $950 million and $898 million as of June 30, 2016 and 2015, respectively.
[2]	(b) Includes accumulated amortization of capitalized software of approximately $498 million and $447 million as of June 30, 2016 and 2015, respectively.

Property, Plant and Equipment73

Property, Plant and Equipment - Components of Property, Plant and Equipment (Parenthetical) (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Capitalized software	$ 950	$ 898
Accumulated amortization of capitalized software	$ 498	$ 447

Property, Plant and Equipment74

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Property, Plant and Equipment [Abstract]
Depreciation and amortization related to property, plant and equipment	$ 415	$ 407	$ 470
Amortization of capitalized software	194	169	136
Operating lease expense	$ 164	$ 195	$ 187

Goodwill and Other Intangible75

Goodwill and Other Intangible Assets - Schedule of Carrying Values of Intangible Assets and Related Accumulated Amortization (Detail) - USD ($) $ in Millions		Jun. 30, 2016	Jun. 30, 2015
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		$ 1,134	$ 1,086
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization		1,073	1,117
Total Intangible assets, net		2,207	2,203
Newspaper Mastheads [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		307	308
Distribution Networks [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		391	392
Imprints [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		245	266
Trademarks and Tradenames [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		191	120
Channel Distribution Agreements [Member]
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization	[1]	342	366
Publishing Rights [Member]
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization	[2]	365	389
Customer Relationships [Member]
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization	[3]	336	336
Other [Member]
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization	[4]	$ 30	$ 26
[1]	(a) Net of accumulated amortization of $58 million and $43 million as of June 30, 2016 and 2015, respectively. The average useful life of the channel distribution agreements is 25 years primarily based on the period that a majority of the future cash flows from these intangibles will be generated.
[2]	(b) Net of accumulated amortization of $150 million and $122 million as of June 30, 2016 and 2015, respectively. The average useful life of publishing rights is 4 to 30 years primarily based on the weighted-average remaining contractual terms of the underlying publishing contracts and the Company's estimates of the period within those terms that the asset is expected to generate a majority of its future cash flows.
[3]	(c) Net of accumulated amortization of $363 million and $340 million as of June 30, 2016 and 2015, respectively. The average useful life of customer relationships ranges from 2 to 25 years. The useful lives of these assets are estimated by applying historical attrition rates and determining the resulting period over which a majority of the accumulated undiscounted cash flows related to the customer relationships are expected to be generated. The useful lives represent the periods over which these intangible assets are expected to contribute directly or indirectly to the Company's future cash flows.
[4]	(d) Net of accumulated amortization of $69 million and $50 million as of June 30, 2016 and 2015, respectively. The average useful life of other intangible assets ranges from 2 to 15 years. The useful lives represent the periods over which these intangible assets are expected to contribute directly or indirectly to the Company's future cash flows.

Goodwill and Other Intangible76

Goodwill and Other Intangible Assets - Schedule of Carrying Values of Intangible Assets and Related Accumulated Amortization (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Channel Distribution Agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite lived intangible assets, accumulated amortization	$ 58	$ 43
Finite Lived Intangible Asset Useful Life	25 years
Publishing Rights [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite lived intangible assets, accumulated amortization	$ 150	122
Publishing Rights [Member] | Minimum [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Asset Useful Life	4 years
Publishing Rights [Member] | Maximum [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Asset Useful Life	30 years
Customer Relationships [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite lived intangible assets, accumulated amortization	$ 363	340
Customer Relationships [Member] | Minimum [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Asset Useful Life	2 years
Customer Relationships [Member] | Maximum [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Asset Useful Life	25 years
Other [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite lived intangible assets, accumulated amortization	$ 69	$ 50
Other [Member] | Minimum [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Asset Useful Life	2 years
Other [Member] | Maximum [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite Lived Intangible Asset Useful Life	15 years

Goodwill and Other Intangible77

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Intangible Assets And Goodwill [Line Items]
Amortization expenses of amortizable intangible assets	$ 91	$ 90	$ 83
Finite lived intangible assets, Estimated amortization expense in 2017	93
Finite lived intangible assets, Estimated amortization expense in 2018	89
Finite lived intangible assets, Estimated amortization expense in 2019	77
Finite lived intangible assets, Estimated amortization expense in 2020	67
Finite lived intangible assets, Estimated amortization expense in 2021	60
Impairment charges, goodwill	$ 0	$ 325	$ 0
Minimum [Member] | Other Than Impaired Reporting Units [Member]
Intangible Assets And Goodwill [Line Items]
Fair value, discount rates	9.00%	9.00%	9.00%
Fair value, long-term growth rates	0.00%	0.00%	0.00%
Fair value, royalty rates	0.50%	0.50%	0.50%
Fair value, control premium	10.00%	10.00%	10.00%
Maximum [Member] | Other Than Impaired Reporting Units [Member]
Intangible Assets And Goodwill [Line Items]
Fair value, discount rates	14.50%	14.00%	14.00%
Fair value, long-term growth rates	3.50%	3.00%	4.00%
Fair value, royalty rates	3.40%	3.30%	2.80%
Fair value, control premium	15.00%	15.00%	15.00%
News and Information Services [Member]
Intangible Assets And Goodwill [Line Items]
Accumulated impairment loss, goodwill	$ 3,400

Goodwill and Other Intangible78

Goodwill and Other Intangible Assets - Schedule of Changes in Carrying Value of Goodwill, by Segment (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Goodwill [Line Items]
Goodwill, beginning balance	$ 3,063	$ 2,457
Acquisitions	656	761
Foreign currency movements	(5)	(155)
Goodwill, ending balance	3,714	3,063
News and Information Services [Member]
Goodwill [Line Items]
Goodwill, beginning balance	1,696	1,701
Acquisitions	80	0
Foreign currency movements	(11)	(5)
Goodwill, ending balance	1,765	1,696
Book Publishing [Member]
Goodwill [Line Items]
Goodwill, beginning balance	241	71
Acquisitions	31	191
Foreign currency movements	(12)	(21)
Goodwill, ending balance	260	241
Digital Real Estate Services [Member]
Goodwill [Line Items]
Goodwill, beginning balance	636	86
Acquisitions	545	566
Foreign currency movements	28	(16)
Goodwill, ending balance	1,209	636
Cable Network Programming [Member]
Goodwill [Line Items]
Goodwill, beginning balance	486	599
Acquisitions	0	0
Foreign currency movements	(10)	(113)
Goodwill, ending balance	476	486
Other [Member]
Goodwill [Line Items]
Goodwill, beginning balance	4	0
Acquisitions	0	4
Foreign currency movements	0	0
Goodwill, ending balance	$ 4	$ 4

Borrowings - Schedule of Borrow

Borrowings - Schedule of Borrowings (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Debt Instrument [Line Items]
Total debt	$ 372	$ 0
Less: Current portion	(3)	0
Total long-term debt	369	0
Facility Due December 2017 [Member]
Debt Instrument [Line Items]
Total debt	90	0
Facility Due December 2018 [Member]
Debt Instrument [Line Items]
Total debt	90	0
Facility Due December 2019 [Member]
Debt Instrument [Line Items]
Total debt	179	0
Other Obligations [Member]
Debt Instrument [Line Items]
Total debt	$ 13	$ 0

Borrowings - Additional Informa

Borrowings - Additional Information (Detail)	Jun. 30, 2016USD ($)	Feb. 29, 2016USD ($)	Jun. 30, 2016USD ($)	Feb. 29, 2016AUD
REA Group [Member]
Debt Instrument [Line Items]
Lenders' fees		$ 1,000,000
Weighted average interest rate	3.20%		3.20%
Interest paid			$ 4,000,000
REA Group [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Amounts drawn under credit facility		$ 340,000,000		AUD 480,000,000
REA Group [Member] | Maximum [Member] | Australian BBSY [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	1.20%	1.45%
REA Group [Member] | Minimum [Member] | Australian BBSY [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	1.00%	0.85%
REA Group [Member] | iProperty Group Limited [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility | AUD				480,000,000
Credit Agreement [Member] | Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility	$ 900,000,000		900,000,000
Amounts drawn under credit facility	0		0
Unsecured revolving credit facility available amount	650,000,000		650,000,000
Letters of credit sublimit under credit facility	$ 100,000,000		$ 100,000,000
Credit Agreement due date			Oct. 23, 2020
Interest on borrowings, description			Either (a) a Eurodollar Rate formula or (b) the Base Rate formula, each as set forth in the Credit Agreement.
Commitment fee percentage on undrawn balance	0.225%
Credit Agreement [Member] | Unsecured Revolving Credit Facility [Member] | Base Rate [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	0.50%
Credit Agreement [Member] | Unsecured Revolving Credit Facility [Member] | Eurodollar [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	1.50%
Credit Agreement [Member] | Maximum [Member] | Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Operating income leverage ratio			300.00%
Credit Agreement [Member] | Minimum [Member] | Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Interest coverage ratio			300.00%
Floating Rate Term Notes [Member] | Maximum [Member]
Debt Instrument [Line Items]
Net leverage ratio	325.00%		325.00%
Floating Rate Term Notes [Member] | Minimum [Member]
Debt Instrument [Line Items]
Interest coverage ratio			300.00%
Facility Due December 2017 [Member] | REA Group [Member] | iProperty Group Limited [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility | AUD				120,000,000
Credit Agreement maturity			2017-12
Facility Due December 2018 [Member] | REA Group [Member] | iProperty Group Limited [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility | AUD				120,000,000
Credit Agreement maturity			2018-12
Facility Due December 2019 [Member] | REA Group [Member] | iProperty Group Limited [Member] | Unsecured Revolving Loan Facility [Member]
Debt Instrument [Line Items]
Maximum amount of credit facility | AUD				AUD 240,000,000
Credit Agreement maturity			2019-12

Borrowings - Scheduled of Debt

Borrowings - Scheduled of Debt Maturities Excluding Other Obligations and Debt Issuance Costs (Detail) $ in Millions	Jun. 30, 2016USD ($)
Debt Disclosure [Abstract]
Fiscal 2,017	$ 0
Fiscal 2,018	90
Fiscal 2,019	90
Fiscal 2,020	180
Fiscal 2,021	0
Thereafter	$ 0

Redeemable Preferred Stock - Ad

Redeemable Preferred Stock - Additional Information (Detail) - Redeemable Preferred Stock [Member] - USD ($) $ / shares in Units, $ in Millions	Jun. 28, 2013	Jun. 30, 2016	Jun. 30, 2015
Class of Stock [Line Items]
Preferred stock sold	4,000
Preferred stock, par value	$ 5,000
Preferred stock dividend rate	9.50%
Redeemable Preferred Stock on Balance Sheet		$ 20	$ 20
Call Option [Member]
Class of Stock [Line Items]
Preferred stock redemption period	5 years
Put Option [Member]
Class of Stock [Line Items]
Preferred stock redemption period	10 years

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) - USD ($)	Aug. 05, 2016	Aug. 31, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013	May 31, 2013
Class of Stock [Line Items]
Common stock, shares authorized			25,000,000
Common stock, par value			$ 0.01
Preferred Stock, shares authorized			25,000,000
Preferred Stock, par value			$ 0.01
Cash dividend declared				$ 0	$ 0
Number of shares repurchased			3,100,000	2,100,000	0
Aggregate cost of shares repurchased			$ 39,000,000	$ 32,000,000	$ 0
Number of common share attached to one right			1
Conditions under which rights become exercisable			The rights, unless redeemed or exchanged, will become exercisable for common stock of the Company 10 business days after public announcement that a person or group has obtained beneficial ownership (defined to include stock which a person has the right to acquire, regardless of whether such right is subject to the passage of time or the satisfaction of conditions), including by means of a tender offer, of 15% or more of the outstanding shares of the Company’s Class B Common Stock. Following such acquisition of beneficial ownership, each right will entitle its holder (other than the acquiring person or group) to purchase, at the exercise price (subject to adjustments provided in the rights agreement), a number of shares of the Company’s Class A or Class B Common Stock, as applicable, having a then-current market value of twice the exercise price, and in the event of a subsequent merger or other acquisition of the Company or transfer of 50% or more of the Company, to purchase, at the exercise price, a number of shares of common stock of the acquiring entity having a then-current market value of twice the exercise price. The exercise price for the Company rights will be $90.00, subject to certain adjustments.
Exercise price of rights			$ 90
Conditions under which rights not become exercisable			The rights will not become exercisable by virtue of (i) any person’s or group’s beneficial ownership, as of the Distribution Date, of 15% or more of the Class B Common Stock of the Company, unless such person or group acquires beneficial ownership of additional shares of the Company’s Class B Common Stock after June 18, 2015; (ii) the repurchase of the Company’s shares that causes a holder to become the beneficial owner of 15% or more of the Company’s Class B Common Stock, unless such holder acquires beneficial ownership of additional shares representing one percent or more of the Company’s Class B Common Stock; (iii) acquisitions by way of a pro rata stock dividend or a stock split; (iv) acquisitions solely as a result of any unilateral grant of any security by the Company or through the exercise of any options, warrants, rights or similar interests (including restricted stock) granted by the Company to its directors, officers and employees pursuant to any equity incentive or award plan; or (v) certain acquisitions determined by the Board of Directors to be inadvertent, provided, that following such acquisition, the acquirer promptly, but in any case within 10 business days, divests a sufficient number of shares so that such person would no longer otherwise qualify as an acquiring person.
Subsequent Event [Member]
Class of Stock [Line Items]
Remaining authorized amount under stock repurchase program	$ 429,000,000
Minimum [Member]
Class of Stock [Line Items]
Percentage of outstanding shares of voting common stock			15.00%
Transfer percentage			50.00%
Class A Common Stock [Member]
Class of Stock [Line Items]
Common stock, shares authorized			1,500,000,000	1,500,000,000
Common stock, par value			$ 0.01	$ 0.01
Common stock, shares outstanding			380,490,770	381,914,964	379,000,000	379,000,000
Cash dividend declared			$ 0.20
Aggregate amount of shares authorized to be repurchased							$ 500,000,000
Number of shares repurchased			3,000,000	2,000,000
Class A Common Stock [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Cash dividend declared		$ 0.10
Number of shares repurchased	5,200,000
Aggregate cost of shares repurchased	$ 71,000,000
Class B Common Stock [Member]
Class of Stock [Line Items]
Common stock, shares authorized			750,000,000	750,000,000
Common stock, par value			$ 0.01	$ 0.01
Common stock, shares outstanding			199,630,240	199,630,240	200,000,000	200,000,000
Cash dividend declared			$ 0.20
Class B Common Stock [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Cash dividend declared		$ 0.10

Stockholders' Equity- Summary o

Stockholders' Equity- Summary of Total Number and Value of Shares Repurchased (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Equity [Abstract]
Total cost of repurchases	$ 39	$ 32	$ 0
Total number of shares repurchased	3.1	2.1	0

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($)		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation costs related to unvested awards not yet recognized for all plans presented		$ 53,000,000
Tax benefit recognized on vested performance stock units, restricted stock units and stock options exercised		$ 11,000,000	$ 17,000,000	$ 8,000,000
Stock units granted	[1]	3,472,000	2,975,000	2,924,000
Stock based compensation award, vested	[2]	1,913,000	3,131,000	24,000
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		300,000	500,000
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)		3 years
Stock units granted		4,200,000	3,400,000	4,300,000
Stock based compensation award, vested		1,200,000	2,000,000	0
Settled in Stock [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		300,000	500,000	200,000
Settled in Stock [Member] | Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		3,000,000	2,300,000	2,700,000
Settled in Cash [Member] | Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation award, vested		200,000	500,000	0
Stock based compensation award		$ 3,300,000	$ 8,200,000	$ 0
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average future expense period of unrecognized stock-based compensation expense (years)		1 year
Minimum [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)		3 years
Minimum [Member] | Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payout range on stock based compensation awards related to PSUs		0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average future expense period of unrecognized stock-based compensation expense (years)		2 years
Maximum [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)		4 years
Maximum [Member] | Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payout range on stock based compensation awards related to PSUs		200.00%
Move Inc [Member] | Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Converted stock		4,300,000
Move Inc [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Converted stock		2,500,000
2013 LTIP [Member] | Class A Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award shares authorized		30,000,000
[1]	For fiscal 2016, includes 3.0 million target PSUs and 0.3 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in 2013 that vested during fiscal 2016. For fiscal 2015, includes 2.3 million target PSUs and 0.5 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in 2012 that vested during fiscal 2015.
[2]	The fair value of PSUs and RSUs held by the Company's employees that vested during the fiscal years ended June 30, 2016, 2015 and 2014 was $26 million, $32 million, and nil, respectively.

Equity-Based Compensation - Sum

Equity-Based Compensation - Summary of Equity-Based Compensation Expense from Continuing Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total Equity compensation expense	$ 55	$ 53	$ 32
Total intrinsic value of stock options exercised	$ 3	$ 24	$ 2

Equity-Based Compensation - S87

Equity-Based Compensation - Summary of Activity from Continuing and Discontinued Operations Related to Target PSUs and RSUs Settled in Shares (Detail) - $ / shares shares in Thousands		12 Months Ended
		Jun. 30, 2016		Jun. 30, 2015		Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Unvested units at beginning of the year		8,355	[1]	7,222	[1]	5,557
Number of shares, Granted	[2]	3,472		2,975		2,924
Number of shares, Vested	[3]	(1,913)		(3,131)		(24)
Number of shares, Cancelled	[4]	(2,141)		(1,202)		(1,235)
Number of shares, Unvested units at the end of the year	[1]	7,773		8,355		7,222
Weighted average grant-date fair value, Unvested units at beginning of the year		$ 16.77	[1]	$ 13	[1]	$ 9.46
Weighted average grant-date fair value, Granted	[2]	15.51		17.29		19.06
Weighted average grant-date fair value, Vested	[3]	13.56		10.19		10.70
Weighted average grant-date fair value, Cancelled	[4]	15.76		11.36		11.39
Weighted average grant-date fair value, Unvested units at the end of the year	[1]	$ 17.34		$ 16.77		$ 13
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		300		500
Number of shares, Cancelled		(300)		(300)
Restricted Stock Units [Member] | Move Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, assumed in business acquisition	[5]	0		2,491		0
Weighted average grant-date fair value, assumed in business acquisition	[5]	$ 0		$ 15.20		$ 0
[1]	The intrinsic value of these unvested RSUs and target PSUs was approximately $89 million as of June 30, 2016.
[2]	For fiscal 2016, includes 3.0 million target PSUs and 0.3 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in 2013 that vested during fiscal 2016. For fiscal 2015, includes 2.3 million target PSUs and 0.5 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in 2012 that vested during fiscal 2015.
[3]	The fair value of PSUs and RSUs held by the Company's employees that vested during the fiscal years ended June 30, 2016, 2015 and 2014 was $26 million, $32 million, and nil, respectively.
[4]	For fiscal 2016, includes 0.8 million of target PSUs and 0.3 million RSUs cancelled and a payout adjustment of 1.0 million PSUs due to the actual performance level achieved for PSUs granted in 2013 that vested during fiscal 2016. For fiscal 2015, includes 0.3 million of target PSUs and 0.3 million RSUs cancelled during fiscal 2015 and a payout adjustment of 0.6 million PSUs due to the actual performance level achieved for PSUs granted in 2012 that vested during fiscal 2015.
[5]	Represents RSUs assumed in the Move acquisition. The weighted average grant date fair value for the assumed awards was calculated using the fair value of the awards at the acquisition date.

Equity-Based Compensation - S88

Equity-Based Compensation - Summary of Activity from Continuing and Discontinued Operations Related to Target PSUs and RSUs Settled in Shares (Parenthetical) (Detail) - USD ($)		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted	[1]	3,472,000	2,975,000	2,924,000
Payout adjustment of performance share units		1	0.6
Fair value of PSUs and RSUs vested during the period		$ 26,000,000	$ 32,000,000	$ 0
Number of shares, Cancelled	[2]	2,141,000	1,202,000	1,235,000
Intrinsic value of unvested RSUs and target PSUs		$ 89,000,000
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		300,000	500,000
Number of shares, Cancelled		300,000	300,000
Restricted Stock Units [Member] | Settled in Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		300,000	500,000	200,000
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		4,200,000	3,400,000	4,300,000
Payout adjustment of performance share units		0.2	0.2
Number of shares, Cancelled		800,000	300,000
Performance Stock Units [Member] | Settled in Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		3,000,000	2,300,000	2,700,000
[1]	For fiscal 2016, includes 3.0 million target PSUs and 0.3 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in 2013 that vested during fiscal 2016. For fiscal 2015, includes 2.3 million target PSUs and 0.5 million RSUs granted and a payout adjustment of 0.2 million PSUs due to the actual performance level achieved for PSUs granted in 2012 that vested during fiscal 2015.
[2]	For fiscal 2016, includes 0.8 million of target PSUs and 0.3 million RSUs cancelled and a payout adjustment of 1.0 million PSUs due to the actual performance level achieved for PSUs granted in 2013 that vested during fiscal 2016. For fiscal 2015, includes 0.3 million of target PSUs and 0.3 million RSUs cancelled during fiscal 2015 and a payout adjustment of 0.6 million PSUs due to the actual performance level achieved for PSUs granted in 2012 that vested during fiscal 2015.

Equity-Based Compensation - S89

Equity-Based Compensation - Summary of Stock Option Transactions (Detail) - $ / shares shares in Thousands		12 Months Ended
		Jun. 30, 2016		Jun. 30, 2015		Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding at the beginning of the year		2,008	[1]	263	[1]	463
Options, Exercised		(508)		(2,521)		(200)
Options, Cancelled		(262)		(70)		0
Options, Outstanding at the end of the year	[1]	1,238		2,008		263
Options, Exercisable at the end of the year	[2]	945		1,117		263
Weighted average exercise price, Outstanding at the beginning of the year		$ 8.82	[1],[3]	$ 6.25	[1],[3]	$ 5.88
Weighted average exercise price, Exercised		7.34		6.22		5.39
Weighted average exercise price, Cancelled		10.75		8.37		0
Weighted average exercise price, Outstanding at the end of the year	[1],[3]	$ 9.03		$ 8.82		$ 6.25
Move Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, assumed in business acquisition	[4]	0		4,336		0
Weighted average exercise price, assumed in business acquisition	[4]	$ 0		$ 7.46		$ 0
[1]	The intrinsic value of options outstanding held by the Company's employees as of June 30, 2016, 2015 and 2014 was $3 million, $12.8 million and $3.1 million, respectively. The weighted average remaining contractual life of options outstanding as of June 30, 2016 was 4.74 years.
[2]	The weighted average remaining contractual life of options exercisable as of June 30, 2016 was 3.94 years.
[3]	The intrinsic value of these unvested RSUs and target PSUs was approximately $89 million as of June 30, 2016.
[4]	Represents options assumed in the Move acquisition. The weighted average exercise price for the assumed options was calculated using the converted exercise price at the acquisition date. The converted exercise price was calculated using a formula designed to preserve the value of the awards based on the price per share paid in the acquisition.

Equity-Based Compensation - S90

Equity-Based Compensation - Summary of Stock Option Transactions (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Intrinsic value of options outstanding	$ 3	$ 12.8	$ 3.1
Weighted average remaining contractual life, options outstanding	4 years 8 months 27 days
Weighted average remaining contractual life, options exercisable	3 years 11 months 9 days

Earnings (Loss) Per Share - Com

Earnings (Loss) Per Share - Computation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended								12 Months Ended
		Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Income from continuing operations		$ 5	$ 45	$ 162	$ 86	$ 95	$ (147)	$ 87	$ 129	$ 235	$ 367	$ 436
Less: Net income attributable to noncontrolling interests										(71)	(69)	(55)
Less: Redeemable preferred stock dividends	[1]									(2)	(2)	(2)
Income from continuing operations available to News Corporation stockholders										162	296	379
Income (loss) from discontinued operations, net of tax, available to News Corporation stockholders										15	(445)	(142)
Net income (loss) available to News Corporation stockholders										$ 177	$ (149)	$ 237
Weighted-average number of shares of common stock outstanding-basic										580.6	581	579
Dilutive effect of equity awards										1.9	1.6	0.7
Weighted-average number of shares of common stock outstanding-diluted										582.5	582.6	579.7
Income from continuing operations available to News Corporation stockholders per share-basic and diluted		$ 0.01	$ 0.08	$ 0.27	$ 0.15	$ 0.16	$ (0.26)	$ 0.15	$ 0.22	$ 0.28	$ 0.51	$ 0.65
Income (loss) from discontinued operations available to News Corporation stockholders per share-basic and diluted										0.02	(0.77)	(0.24)
Net income (loss) available to News Corporation stockholders per share-basic and diluted										$ 0.30	$ (0.26)	$ 0.41
[1]	See Note 10-Redeemable Preferred Stock

Related Party Transactions - Sc

Related Party Transactions - Schedule of Net Revenue from Related Parties (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Related party revenue, net of expense	$ 319	$ 281	$ 305

Related Party Transactions - 93

Related Party Transactions - Schedule of Amount of Receivables Due from and Payable to Related Parties (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Related Party Transactions [Abstract]
Accounts receivable from related parties	$ 86	$ 72
Notes receivable from related parties	338	345
Accounts payable to related parties	$ 31	$ 10

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Commitments by Fiscal Year Maturity (Detail) $ in Millions, AUD in Billions		1 Months Ended
		Nov. 30, 2015USD ($)	Aug. 31, 2015USD ($)	Jun. 30, 2016USD ($)	Nov. 30, 2015AUD	Aug. 31, 2015AUD
Commitments and Contingencies [Line Items]
Purchase obligations, Total	[1]			$ 787
Purchase obligations, Payments due 1 year	[1]			339
Purchase obligations, Payments due 2-3 years	[1]			183
Purchase obligations, Payments due 4-5 years	[1]			99
Purchase obligations, Payments due After 5 years	[1]			166
Total commitments and contractual obligations				3,411
Commitments and contractual obligations, Payments due 1 year				628
Commitments and contractual obligations, Payments due 2-3 years				838
Commitments and contractual obligations, Payments due 4-5 years				694
Commitments and contractual obligations, Payments due After 5 years				1,251
Sports Programming Rights, Australian Football League [Member]
Commitments and Contingencies [Line Items]
Purchase price of media rights			$ 850			AUD 1.2
License period for media rights			6 years
License period for media rights start year			2,017
License period for media rights end year			2,022
Sports Programming Rights [Member]
Commitments and Contingencies [Line Items]
Sports programming rights, Total	[2]			1,184
Sports programming rights, Payments due 1 year	[2]			158
Sports programming rights, Payments due 2-3 years	[2]			379
Sports programming rights, Payments due 4-5 years	[2]			388
Sports programming rights, Payments due After 5 years	[2]			259
Sports Programming Rights, National Rugby League [Member]
Commitments and Contingencies [Line Items]
Purchase price of media rights		$ 775			AUD 1.1
License period for media rights		5 years
License period for media rights start year		2,018
License period for media rights end year		2,022
Land and Buildings [Member]
Commitments and Contingencies [Line Items]
Operating leases, Total	[3]			1,436
Operating leases, Payments due 1 year	[3]			129
Operating leases, Payments due 2-3 years	[3]			274
Operating leases, Payments due 4-5 years	[3]			207
Operating leases, Payments due After 5 years	[3]			826
Plant and Machinery [Member]
Commitments and Contingencies [Line Items]
Operating leases, Total	[3]			4
Operating leases, Payments due 1 year	[3]			2
Operating leases, Payments due 2-3 years	[3]			2
Operating leases, Payments due 4-5 years	[3]			$ 0
[1]	The Company has commitments under purchase obligations related to printing contracts, capital projects, marketing agreements and other legally binding commitments.
[2]	The Company has sports programming rights commitments with the National Rugby League, Australian Rugby Union and International Cricket as well as certain other broadcast rights which are payable through fiscal 2023.
[3]	The Company leases office facilities, warehouse facilities, printing plants and equipment. These leases, which are classified as operating leases, are expected to be paid at certain dates through fiscal 2062. This amount includes approximately $250 million for office facilities that have been subleased from 21st Century Fox.

Commitments and Contingencies95

Commitments and Contingencies - Schedule of Commitments by Fiscal Year Maturity (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Jun. 30, 2016USD ($)
Commitments and Contingencies Disclosure [Abstract]
Rights payable period	2,023
Operating leases, expected payment period	2,062
Subleases from 21st Century Fox	$ 250

Commitments and Contingencies96

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	Jun. 06, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Loss Contingencies [Line Items]
Net liability for pension and other postretirement benefit plans recognized		$ 356
Net impact on Selling, general and administrative expenses		2,722	$ 2,627	$ 2,449
Other current assets		513	780
Litigation amount payment to plaintiffs		250
Litigation settlement	$ 130	30
NAM Group one-time costs of settlement		158	0	0
Gain on litigation settlement		122
Percentage received on litigation settlement	10.00%
U.K. Newspaper Matters [Member]
Loss Contingencies [Line Items]
Gross legal and professional fees related to the U.K. Newspaper Matters		42	101	169
Net impact on Selling, general and administrative expenses		19	50	72
Litigation liability accrued		99
U.K. Newspaper Matters Indemnification [Member]
Loss Contingencies [Line Items]
Indemnification from 21st Century Fox		23	$ 51	$ 97
U.K. Newspaper Matters Indemnification [Member] | 21st Century Fox [Member]
Loss Contingencies [Line Items]
Other current assets		$ 55

Commitments and Contingencies97

Commitments and Contingencies - Net Impact of U.K. Newspaper Matters on Selling, General and Administrative Expenses (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Commitments and Contingencies [Line Items]
Net impact on Selling, general and administrative expenses	$ 2,722	$ 2,627	$ 2,449
U.K. Newspaper Matters [Member]
Commitments and Contingencies [Line Items]
Gross legal and professional fees related to the U.K. Newspaper Matters	42	101	169
Net impact on Selling, general and administrative expenses	19	50	72
U.K. Newspaper Matters Indemnification [Member]
Commitments and Contingencies [Line Items]
Indemnification from 21st Century Fox	$ (23)	$ (51)	$ (97)

Retirement Benefit Obligation98

Retirement Benefit Obligations - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Net pension and postretirement benefits liability	$ 356	$ 281
Net periodic benefit costs	8	(4)	$ 7
Pension plan contributions for next fiscal year	25
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated pension benefit obligations	$ 1,588	$ 1,639
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension asset portfolio, percentage	26.00%
Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension asset portfolio, percentage	62.00%
Cash and Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension asset portfolio, percentage	12.00%

Retirement Benefit Obligation99

Retirement Benefit Obligations - Schedule of Amounts Recognized in Balance Sheets (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Other non-current assets	$ 4	$ 36
Other current liabilities	(10)	(12)
Retirement benefit obligations	(350)	(305)
Net amount recognized	(356)	(281)
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Other non-current assets	0	0
Other current liabilities	0	0
Retirement benefit obligations	(109)	(80)
Net amount recognized	(109)	(80)
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Other non-current assets	4	36
Other current liabilities	(1)	(1)
Retirement benefit obligations	(124)	(103)
Net amount recognized	(121)	(68)
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Other non-current assets	0	0
Other current liabilities	(9)	(11)
Retirement benefit obligations	(117)	(122)
Net amount recognized	$ (126)	$ (133)

Retirement Benefit Obligatio100

Retirement Benefit Obligations - Schedule of Change in Projected Benefit Obligation, Change in Fair Value of Plan Assets and Funded Status (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation, beginning of the year		$ 1,787	$ 1,752
Service cost		10	12	$ 17
Interest cost		66	72	74
Benefits paid		(81)	(83)
Settlements	[1]	(44)	(9)
Actuarial loss/(gain)	[2]	179	82
Foreign exchange rate changes		(190)	(123)
Plan curtailments		(4)	0
Amendments, transfers and other	[3]	0	84
Projected benefit obligation, end of the year		1,723	1,787	1,752
Beginning balance		1,506	1,535
Actual return on plan assets		121	96
Employer contributions		26	9
Benefits paid		(73)	(74)
Settlements	[1]	(44)	(9)
Foreign exchange rate changes		(169)	(120)
Amendments, transfers and other	[3]	0	69
Ending balance		1,367	1,506	1,535
Funded status		(356)	(281)
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation, beginning of the year		382	350
Service cost		0	1	4
Interest cost		17	17	16
Benefits paid		(18)	(16)
Settlements	[1]	(11)	(9)
Actuarial loss/(gain)	[2]	28	10
Foreign exchange rate changes		0	0
Plan curtailments		(2)	0
Amendments, transfers and other	[3]	0	29
Projected benefit obligation, end of the year		396	382	350
Beginning balance		302	301
Actual return on plan assets		14	5
Employer contributions		0	0
Benefits paid		(18)	(16)
Settlements	[1]	(11)	(9)
Foreign exchange rate changes		0	0
Amendments, transfers and other	[3]	0	21
Ending balance		287	302	301
Funded status		(109)	(80)
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation, beginning of the year		1,272	1,252
Service cost		10	11	12
Interest cost		44	49	51
Benefits paid		(55)	(58)
Settlements	[1]	(33)	0
Actuarial loss/(gain)	[2]	153	85
Foreign exchange rate changes		(188)	(122)
Plan curtailments		(2)	0
Amendments, transfers and other	[3]	0	55
Projected benefit obligation, end of the year		1,201	1,272	1,252
Beginning balance		1,204	1,234
Actual return on plan assets		107	91
Employer contributions		26	9
Benefits paid		(55)	(58)
Settlements	[1]	(33)	0
Foreign exchange rate changes		(169)	(120)
Amendments, transfers and other	[3]	0	48
Ending balance		1,080	1,204	1,234
Funded status		(121)	(68)
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation, beginning of the year		133	150
Service cost		0	0	1
Interest cost		5	6	7
Benefits paid		(8)	(9)
Settlements	[1]	0	0
Actuarial loss/(gain)	[2]	(2)	(13)
Foreign exchange rate changes		(2)	(1)
Plan curtailments		0	0
Amendments, transfers and other	[3]	0	0
Projected benefit obligation, end of the year		126	133	150
Beginning balance		0	0
Actual return on plan assets		0	0
Employer contributions		0	0
Benefits paid		0	0
Settlements	[1]	0	0
Foreign exchange rate changes		0	0
Amendments, transfers and other	[3]	0	0
Ending balance		0	0	$ 0
Funded status		$ (126)	$ (133)
[1]	Amounts related to payments made to former employees of the Company in full settlement of their deferred pension benefits.
[2]	Fiscal 2016 actuarial losses for the Company's pension plans are primarily related to the reduction in discount rates used in measuring plan obligations as of June 30, 2016. Fiscal 2016 actuarial gains related to postretirement benefits primarily relate to favorable changes in plan demographics. Fiscal 2015 actuarial losses for domestic pension plans are primarily related to the strengthening of the mortality tables utilized in measuring plan obligations as of June 30, 2015. Fiscal 2015 actuarial losses for foreign pension plans are primarily related to changes in the discount rate utilized in measuring the plan obligations as of June 30, 2015. Fiscal 2015 actuarial gains related to postretirement benefits primarily relate to changes in plan demographics.
[3]	For fiscal 2015, the increase in the Company's pension benefit obligation and plan assets relates to the acquisition of Harlequin and the assumption of Harlequin's defined benefit pension plans which resulted in an increase in the Company's net pension liability of approximately $15 million.

Retirement Benefit Obligatio101

Retirement Benefit Obligations - Schedule of Change in Projected Benefit Obligation, Change in Fair Value of Plan Assets and Funded Status (Parenthetical) (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Increase in pension liability	$ 10	$ 12
Harlequin's Defined Benefit Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Increase in pension liability		$ 15

Retirement Benefit Obligatio102

Retirement Benefit Obligations - Schedule of Amounts Recognized in Accumulated Other Comprehensive (Loss) Income (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	$ 612	$ 574
Prior service (benefit) cost	(34)	(41)
Net amounts recognized	578	533
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	158	131
Prior service (benefit) cost	0	0
Net amounts recognized	158	131
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	452	439
Prior service (benefit) cost	0	0
Net amounts recognized	452	439
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	2	4
Prior service (benefit) cost	(34)	(41)
Net amounts recognized	$ (32)	$ (37)

Retirement Benefit Obligatio103

Retirement Benefit Obligations - Schedule of Amounts in Accumulated Other Comprehensive (Loss) Income Expected to be Recognized as Component of Net Periodic Pension Cost (Detail) $ in Millions	12 Months Ended
	Jun. 30, 2016USD ($)
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	$ 22
Prior service (benefit) cost	(4)
Net amounts recognized	18
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	5
Prior service (benefit) cost	0
Net amounts recognized	5
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	17
Prior service (benefit) cost	0
Net amounts recognized	17
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	0
Prior service (benefit) cost	(4)
Net amounts recognized	$ (4)

Retirement Benefit Obligatio104

Retirement Benefit Obligations - Schedule of Accumulated and Projected Benefit Obligations and Fair Value of Plan Assets for Funded and Unfunded Pension Plans (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 1,723	$ 1,787	$ 1,752
Fair value of plan assets	1,367	1,506	1,535
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	396	382	350
Accumulated benefit obligation	396	380
Fair value of plan assets	287	302	301
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	1,201	1,272	1,252
Accumulated benefit obligation	1,192	1,259
Fair value of plan assets	1,080	1,204	$ 1,234
Funded Plans [Member] | Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	383	370
Accumulated benefit obligation	383	368
Fair value of plan assets	287	302
Funded Plans [Member] | Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	1,131	1,198
Accumulated benefit obligation	1,122	1,185
Fair value of plan assets	1,080	1,204
Unfunded Plans [Member] | Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	13	12
Accumulated benefit obligation	13	12
Fair value of plan assets	0	0
Unfunded Plans [Member] | Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	70	74
Accumulated benefit obligation	70	74
Fair value of plan assets	$ 0	$ 0

Retirement Benefit Obligatio105

Retirement Benefit Obligations - Schedule of Accumulated Benefit Obligation Exceeds Fair Value of Plan Assets (Detail) - Foreign Pension Benefits [Member] - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 891	$ 624
Accumulated benefit obligation	891	623
Fair value of plan assets	773	525
Funded Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	821	550
Accumulated benefit obligation	821	549
Fair value of plan assets	773	525
Unfunded Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	70	74
Accumulated benefit obligation	70	74
Fair value of plan assets	$ 0	$ 0

Retirement Benefit Obligatio106

Retirement Benefit Obligations - Schedule of Components of Net Periodic Costs (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	$ 10	$ 12	$ 17
Interest costs on projected benefit obligations	66	72	74
Expected return on plan assets	(81)	(93)	(93)
Amortization of deferred losses	18	16	15
Amortization of prior service costs	(7)	(13)	(13)
Settlements, curtailments and other	2	2	7
Net periodic benefits costs- Total	8	(4)	7
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	0	1	4
Interest costs on projected benefit obligations	17	17	16
Expected return on plan assets	(19)	(22)	(17)
Amortization of deferred losses	4	3	4
Amortization of prior service costs	0	0	0
Settlements, curtailments and other	0	2	4
Net periodic benefits costs- Total	2	1	11
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	10	11	12
Interest costs on projected benefit obligations	44	49	51
Expected return on plan assets	(62)	(71)	(76)
Amortization of deferred losses	14	13	12
Amortization of prior service costs	0	0	0
Settlements, curtailments and other	2	0	3
Net periodic benefits costs- Total	8	2	2
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	0	0	1
Interest costs on projected benefit obligations	5	6	7
Expected return on plan assets	0	0	0
Amortization of deferred losses	0	0	(1)
Amortization of prior service costs	(7)	(13)	(13)
Settlements, curtailments and other	0	0	0
Net periodic benefits costs- Total	$ (2)	$ (7)	$ (6)

Retirement Benefit Obligatio107

Retirement Benefit Obligations - Schedule of Assumptions Used (Detail)	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Domestic Pension Benefits [Member]
Weighted-average assumptions used to determine benefit obligations
Discount rate	3.70%	4.50%	4.50%
Rate of increase in future compensation		3.00%
Weighted-average assumptions used to determine net periodic benefit cost
Discount rate	4.50%	4.50%	5.00%
Expected return on plan assets	6.50%	7.00%	7.00%
Rate of increase in future compensation	3.00%	3.00%	5.30%
Foreign Pension Benefits [Member]
Weighted-average assumptions used to determine benefit obligations
Discount rate	2.90%	3.70%	4.20%
Rate of increase in future compensation	2.70%	2.90%	3.60%
Weighted-average assumptions used to determine net periodic benefit cost
Discount rate	3.70%	4.20%	4.50%
Expected return on plan assets	5.50%	6.20%	6.80%
Rate of increase in future compensation	2.90%	3.60%	3.70%
Postretirement Benefits [Member]
Weighted-average assumptions used to determine benefit obligations
Discount rate	3.40%	4.20%	4.00%
Weighted-average assumptions used to determine net periodic benefit cost
Discount rate	4.20%	4.00%	4.70%

Retirement Benefit Obligatio108

Retirement Benefit Obligations - Schedule of Health Care Cost Trend Rates (Detail) - Continuing Operations [Member] - Postretirement Benefits [Member]	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Health care cost trend rate	6.70%	6.60%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	4.50%	4.60%
Year that the rate reaches the ultimate trend rate	2,028	2,027

Retirement Benefit Obligatio109

Retirement Benefit Obligations - Schedule of Effect of One Percentage Point Change in Assumed Health Care Cost Trend Rate (Detail) $ in Millions	12 Months Ended
	Jun. 30, 2016USD ($)
Compensation and Retirement Disclosure [Abstract]
Service and Interest Costs, One percentage point increase	$ 12
Service and Interest Costs, One percentage point decrease	(11)
Benefit Obligation, One percentage point increase	1
Benefit Obligation, One percentage point decrease	$ 0

Retirement Benefit Obligatio110

Retirement Benefit Obligations - Schedule of Expected Benefit Payments (Detail) $ in Millions	Jun. 30, 2016USD ($)
Fiscal year:
2,017	$ 80
2,018	78
2,019	79
2,020	82
2,021	84
2022-2026	440
Domestic Pension Benefits [Member]
Fiscal year:
2,017	24
2,018	21
2,019	20
2,020	20
2,021	21
2022-2026	107
Foreign Pension Benefits [Member]
Fiscal year:
2,017	47
2,018	48
2,019	50
2,020	53
2,021	54
2022-2026	292
Postretirement Benefits [Member]
Fiscal year:
2,017	9
2,018	9
2,019	9
2,020	9
2,021	9
2022-2026	$ 41

Retirement Benefit Obligatio111

Retirement Benefit Obligations - Schedule of Allocation of Plan Assets (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 1,367	$ 1,506	$ 1,535
Short-Term Investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	4
Domestic Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	81	88
International Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	244	312
Domestic Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	160	162
International Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	618	585
Balanced Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	251	337
Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	13	18
Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2	6
Level 1 [Member] | Short-Term Investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 [Member] | Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 [Member] | Domestic Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 [Member] | International Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 [Member] | Domestic Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 [Member] | International Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 [Member] | Balanced Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 1 [Member] | Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2	6
Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	57	77
Level 2 [Member] | Short-Term Investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 [Member] | Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	4
Level 2 [Member] | Domestic Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 [Member] | International Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 [Member] | Domestic Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 [Member] | International Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 2 [Member] | Balanced Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	57	73
Level 2 [Member] | Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	11	12	$ 12
Level 3 [Member] | Short-Term Investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 [Member] | Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 [Member] | Domestic Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 [Member] | International Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 [Member] | Domestic Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 [Member] | International Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 [Member] | Balanced Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Level 3 [Member] | Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	11	12
NAV [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,297	1,411
NAV [Member] | Short-Term Investments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
NAV [Member] | Money Market Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
NAV [Member] | Domestic Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	81	88
NAV [Member] | International Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	244	312
NAV [Member] | Domestic Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	160	162
NAV [Member] | International Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	618	585
NAV [Member] | Balanced Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	194	264
NAV [Member] | Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

Retirement Benefit Obligatio112

Retirement Benefit Obligations - Summary of Changes in Fair Value of Investments Reflected as Level 3 Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Beginning balance	$ 1,506	$ 1,535
Actual return on plan assets:
Ending balance	1,367	1,506
Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Beginning balance	12	12
Actual return on plan assets:
Actual return on plan assets, Relating to assets still held at end of period	0	1
Actual return on plan assets, Relating to assets sold during the period	0	0
Purchases, sales, settlements and issuances	(1)	(1)
Transfers in and out of Level 3	0	0
Ending balance	$ 11	$ 12

Retirement Benefit Obligatio113

Retirement Benefit Obligations - Schedule of Weighted-Average Asset Allocations, by Asset Category (Detail)	Jun. 30, 2016	Jun. 30, 2015
Asset Category:
Benefit plan weighted-average asset allocations	100.00%	100.00%
Equity Securities [Member]
Asset Category:
Benefit plan weighted-average asset allocations	26.00%	29.00%
Debt Securities [Member]
Asset Category:
Benefit plan weighted-average asset allocations	62.00%	55.00%
Cash and Other [Member]
Asset Category:
Benefit plan weighted-average asset allocations	12.00%	16.00%

Other Postretirement Benefits -

Other Postretirement Benefits - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Defined Contribution Plan Disclosure [Line Items]
Employer contributions to defined contribution plans	$ 132	$ 138	$ 133
Unfunded obligation of plan	36	36
Multiemployer Pension Plans [Member]
Defined Contribution Plan Disclosure [Line Items]
Period contributions	$ 5	$ 5	$ 5
Minimum [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of total contributions	5.00%
Minimum [Member] | Plans in Yellow Zone [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of funded status of plan as certified by plan's actuary	65.00%
Minimum [Member] | Plans in Green Zone [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of total contributions	5.00%
Percentage of funded status of plan as certified by plan's actuary	80.00%
Maximum [Member] | Plans in Red Zone [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of funded status of plan as certified by plan's actuary	65.00%
Maximum [Member] | Plans in Yellow Zone [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of funded status of plan as certified by plan's actuary	80.00%

Income Taxes - Schedule of (Los

Income Taxes - Schedule of (Loss) Income Before Income Tax (Benefit) Expense Attributable to Jurisdictions (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	[1]
Income Tax Disclosure [Abstract]
U.S.	$ (125)	$ 148	$ (602)
Foreign	306	404	424
Income (loss) from continuing operations before income tax benefit (expense)	$ 181	$ 552	$ (178)
[1]	See Discussion of Foreign Tax Refund below.

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax (Benefit) Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014	[1]
Current:
Federal	$ 15		$ 35	$ 86
State & local	5		11	(19)
Foreign	102		135	(734)
Total current tax	122		148	(742)
Deferred:
Federal	(71)		49	94
State & local	(106)		1	12
Foreign	1		(13)	22
Total deferred tax	(176)		37	128
Total income tax (benefit) expense	$ 54	[2]	$ (185)	$ 614
[1]	See Discussion of Foreign Tax Refund below.
[2]	The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. In addition, a tax benefit of $30 million related to the current year operations of the Digital Education segment was recorded to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. The tax (benefit) expense shown above excludes the tax benefit of the Company's digital education business. The Company will not have a current federal tax expense after accounting for the current federal tax benefits attributed to discontinued operations.

Income Taxes - Schedule of C117

Income Taxes - Schedule of Components of Income Tax (Benefit) Expense (Parenthetical) (Detail) - Digital Education [Member] - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Taxes Disclosure [Line Items]
Income tax benefit	$ 174	$ 51	$ 77
Tax Benefits of Discontinued Operations [Member]
Income Taxes Disclosure [Line Items]
Income tax benefit discontinued operations	144
Income tax benefit	$ 30

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)		12 Months Ended
		Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014		Jun. 30, 2013
Income Tax Contingency [Line Items]
Income tax refunds		$ 10,000,000		$ 8,000,000	$ 837,000,000
Income tax (expense) benefit		(54,000,000)	[1]	185,000,000	(614,000,000)	[2]
Tax expenses to others, net	[3]	0		0	721,000,000
Deferred tax asset		1,952,000,000		1,929,000,000
Unrecognized tax benefits		86,000,000		129,000,000	58,000,000		$ 127,000,000
Valuation allowance recorded		1,014,000,000		1,308,000,000
Interest charges related to unrecognized tax benefits		(1,000,000)		6,000,000	0
Liabilities for accrued interest related to unrecognized tax benefits		6,000,000		8,000,000
Amount that affect effective income tax rate		54,000,000
Undistributed earnings of foreign subsidiaries		2,700,000,000
Income taxes paid		103,000,000		134,000,000	116,000,000
Net Operating Loss Carryforwards [Member]
Income Tax Contingency [Line Items]
Deferred tax asset		580,000,000		540,000,000
Unrecognized tax benefits		53,000,000		95,000,000
Valuation allowance recorded		97,000,000		304,000,000
Capital Loss Carryforward [Member]
Income Tax Contingency [Line Items]
Deferred tax asset		803,000,000		892,000,000
Valuation allowance recorded		803,000,000		$ 892,000,000
Capital Loss Carryforward [Member] | Australia [Member]
Income Tax Contingency [Line Items]
Capital loss carryforwards		1,600,000,000
Capital Loss Carryforward [Member] | U.K. [Member]
Income Tax Contingency [Line Items]
Capital loss carryforwards		1,700,000,000
Minimum [Member]
Income Tax Contingency [Line Items]
Amount of uncertain tax liabilities		0
Maximum [Member]
Income Tax Contingency [Line Items]
Amount of uncertain tax liabilities		35,000,000
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Income tax refunds					794,000,000
Income tax (expense) benefit					721,000,000
Capital loss carryforwards		$ 5,000,000
Capital loss carryforwards, expiration date		Jun. 30, 2025
U.S. Federal [Member]
Income Tax Contingency [Line Items]
Capital loss carryforwards		$ 26,000,000
U.S. Federal [Member] | Foreign Tax Credits [Member]
Income Tax Contingency [Line Items]
Foreign tax credits		$ 22,000,000
Capital loss carryforwards, expiration date		Jun. 30, 2025
U.S. Federal [Member] | Research $ Development Credits [Member]
Income Tax Contingency [Line Items]
Research and development credits		$ 4,000,000
Capital loss carryforwards, expiration date		Jun. 30, 2036
U.S. States [Member]
Income Tax Contingency [Line Items]
Capital loss carryforwards		$ 8,000,000
State and Foreign Country Jurisdiction [Member]
Income Tax Contingency [Line Items]
Valuation allowance recorded		$ 5,000,000
21st Century Fox [Member]
Income Tax Contingency [Line Items]
Income tax (expense) benefit					721,000,000
Tax expenses to others, net					$ 721,000,000
[1]	The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. In addition, a tax benefit of $30 million related to the current year operations of the Digital Education segment was recorded to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. The tax (benefit) expense shown above excludes the tax benefit of the Company's digital education business. The Company will not have a current federal tax expense after accounting for the current federal tax benefits attributed to discontinued operations.
[2]	See Discussion of Foreign Tax Refund below.
[3]	See Note 18-Income Taxes

Income Taxes - Net Impact of Ta

Income Taxes - Net Impact of Tax Refund and Interest, Net of Tax, Recorded in Statement of Operations (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014
Components Of Income Tax Expense Benefit [Line Items]
Other, net	[1]	$ 0		$ 0	$ (721)
Income tax benefit (expense)		$ (54)	[2]	$ 185	(614)	[3]
21st Century Fox [Member]
Components Of Income Tax Expense Benefit [Line Items]
Other, net					(721)
Income tax benefit (expense)					721
Net impact to the Statement of Operations					$ 0
[1]	See Note 18-Income Taxes
[2]	The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. In addition, a tax benefit of $30 million related to the current year operations of the Digital Education segment was recorded to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. The tax (benefit) expense shown above excludes the tax benefit of the Company's digital education business. The Company will not have a current federal tax expense after accounting for the current federal tax benefits attributed to discontinued operations.
[3]	See Discussion of Foreign Tax Refund below.

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate Reconciliation (Detail)		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Taxes Disclosure [Line Items]
U.S. Federal income tax rate		35.00%	35.00%	35.00%
State and local taxes, net		(8.00%)	1.00%	3.00%
Effect of foreign operations	[1]	(1.00%)	(2.00%)	38.00%
Foreign tax refund received	[2]	(0.00%)	(0.00%)	405.00%
Change in valuation allowance	[3]	(62.00%)	0.00%	0.00%
Non-deductible compensation and benefits		3.00%	1.00%	0.00%
R&D credits		(2.00%)	(1.00%)	2.00%
Other, net		5.00%	0.00%	4.00%
Effective tax rate	[4]	(30.00%)	34.00%	345.00%
21st Century Fox [Member]
Income Taxes Disclosure [Line Items]
Foreign tax refund received (paid)	[2]	0.00%	0.00%	(142.00%)
[1]	The Company's foreign operations are located primarily in Australia and the United Kingdom ("UK") which have lower income tax rates than the U.S. For the fiscal years ended June 30, 2016 and June 30, 2015, the effect of foreign operations at lower tax rates decreased the Company's effective tax rate 1% and 2%, respectively, as the Company recorded pre-tax book income on a consolidated basis. For the year ended June 30, 2014, the effect of foreign operations at lower tax rates increased the Company's effective tax rate 38% as the Company recorded pre-tax book loss on a consolidated basis.
[2]	The Company recorded a tax benefit, net of applicable taxes on interest, of $721 million for the fiscal year ended June 30, 2014 to Income tax benefit (expense) in the Statements of Operations related to certain foreign tax refunds received. See the discussion of Foreign Tax Refund above. The tax benefit related to these refunds increased our effective tax rate 405%. These foreign tax refunds received were paid to 21st Century Fox, net of applicable taxes on interest, in accordance with the terms of the Tax Sharing and Indemnification Agreement. Accordingly, for the fiscal year ended June 30, 2014, the Company recorded an expense to Other, net of approximately $721 million for the payment to 21st Century Fox in the Statements of Operations. This expense is a non-deductible item the tax effect of which is approximately $252 million and reflected as a decrease of approximately 142% in our effective tax rate.
[3]	Included in the change in valuation allowance is a tax benefit of $106 million related to the release of previously established valuation allowances related to certain U.S. federal net operating losses and state deferred tax assets. This benefit was recognized in conjunction with management's plan to dispose of the Company's digital education business during 2016, as the Company now expects to generate sufficient U.S. taxable income to utilize these deferred tax assets prior to expiration. Total tax benefits related to the release of valuation allowances decreased our effective tax rate by 62%.
[4]	For the fiscal year ended June 30, 2016, the effective tax rate of (30%) represents income tax benefit when compared to consolidated pre-tax book income. For the fiscal year ended June 30, 2015, the effective tax rate of 34% represents an income tax expense when compared to consolidated pre-tax book income. For the fiscal year ended June 30, 2014, the effective tax rate of 345% represents an income tax benefit when compared to consolidated pre-tax book loss. As a result, certain reconciling items between the U.S. federal income tax rate and the Company's effective tax rate may have the opposite impact.

Income Taxes - Effective Inc121

Income Taxes - Effective Income Tax Rate Reconciliation (Parenthetical) (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Taxes Disclosure [Line Items]
Foreign operations, change in effective tax rate		1.00%	2.00%	38.00%
Foreign tax refund received, Income tax benefit	[1]	$ 0	$ 0	$ 721
Change in valuation allowance tax benefit		$ 106
Foreign tax refund received (paid)	[2]	(0.00%)	(0.00%)	405.00%
Change in valuation allowance	[3]	(62.00%)	0.00%	0.00%
Effective tax rate	[4]	(30.00%)	34.00%	345.00%
21st Century Fox [Member]
Income Taxes Disclosure [Line Items]
Reduction in effective tax rate				142.00%
Expense on non-deductible item				$ 252
Foreign tax refund received, Income tax benefit				$ 721
[1]	See Note 18-Income Taxes
[2]	The Company recorded a tax benefit, net of applicable taxes on interest, of $721 million for the fiscal year ended June 30, 2014 to Income tax benefit (expense) in the Statements of Operations related to certain foreign tax refunds received. See the discussion of Foreign Tax Refund above. The tax benefit related to these refunds increased our effective tax rate 405%. These foreign tax refunds received were paid to 21st Century Fox, net of applicable taxes on interest, in accordance with the terms of the Tax Sharing and Indemnification Agreement. Accordingly, for the fiscal year ended June 30, 2014, the Company recorded an expense to Other, net of approximately $721 million for the payment to 21st Century Fox in the Statements of Operations. This expense is a non-deductible item the tax effect of which is approximately $252 million and reflected as a decrease of approximately 142% in our effective tax rate.
[3]	Included in the change in valuation allowance is a tax benefit of $106 million related to the release of previously established valuation allowances related to certain U.S. federal net operating losses and state deferred tax assets. This benefit was recognized in conjunction with management's plan to dispose of the Company's digital education business during 2016, as the Company now expects to generate sufficient U.S. taxable income to utilize these deferred tax assets prior to expiration. Total tax benefits related to the release of valuation allowances decreased our effective tax rate by 62%.
[4]	For the fiscal year ended June 30, 2016, the effective tax rate of (30%) represents income tax benefit when compared to consolidated pre-tax book income. For the fiscal year ended June 30, 2015, the effective tax rate of 34% represents an income tax expense when compared to consolidated pre-tax book income. For the fiscal year ended June 30, 2014, the effective tax rate of 345% represents an income tax benefit when compared to consolidated pre-tax book loss. As a result, certain reconciling items between the U.S. federal income tax rate and the Company's effective tax rate may have the opposite impact.

Income Taxes - Summary of Recog

Income Taxes - Summary of Recognized Current and Deferred Income Taxes in Balance Sheets (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015	[1]
Income Tax Disclosure [Abstract]
Other current assets	$ 0	$ 63
Deferred income tax assets	602	219
Other current liabilities	0	(1)
Deferred income tax liabilities	(171)	(166)
Net deferred tax assets (liabilities)	$ 431	$ 115
[1]	In fiscal year 2016, the Company early-adopted ASU 2015-17, "Balance Sheet Classification of Deferred Taxes", which requires that deferred income tax liabilities and assets be classified as noncurrent in the Consolidated Balance Sheet. As such the requirement under prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheet has been eliminated. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17.

Income Taxes - Schedule of C123

Income Taxes - Schedule of Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Deferred tax assets:
Accrued liabilities	$ 185	$ 56
Capital loss carryforwards	803	892
Retirement benefit obligations	112	85
Net operating loss carryforwards	580	540
Business credits	38	46
Other	234	310
Total deferred tax assets	1,952	1,929
Deferred tax liabilities:
Asset basis difference and amortization	(442)	(465)
Other	(65)	(41)
Total deferred tax liabilities	(507)	(506)
Net deferred tax asset before valuation allowance	1,445	1,423
Less: valuation allowance (See Note 21 - Valuation and Qualifying Accounts)	(1,014)	(1,308)
Net deferred tax assets (liabilities)	$ 431	$ 115	[1]
[1]	In fiscal year 2016, the Company early-adopted ASU 2015-17, "Balance Sheet Classification of Deferred Taxes", which requires that deferred income tax liabilities and assets be classified as noncurrent in the Consolidated Balance Sheet. As such the requirement under prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheet has been eliminated. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17.

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Net Operating Loss Carryforwards (NOLs) (Gross, Net Uncertain Tax Benefits) (Detail) $ in Millions	12 Months Ended
	Jun. 30, 2016USD ($)
U.S. Federal [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards, Amount	$ 858
U.S. Federal [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards, expiration	Dec. 31, 2021
U.S. Federal [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards, expiration	Dec. 31, 2036
U.S. States [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards period expiration, description	Various
Net Operating Loss Carryforwards, Amount	$ 581
Foreign Tax Authority [Member] | Australia [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards period expiration, description	Indefinite
Net Operating Loss Carryforwards, Amount	$ 452
Foreign Tax Authority [Member] | U.K. [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards period expiration, description	Indefinite
Net Operating Loss Carryforwards, Amount	$ 134
Other Foreign [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards period expiration, description	Various
Net Operating Loss Carryforwards, Amount	$ 346

Income Taxes - Change in Unreco

Income Taxes - Change in Unrecognized Tax Benefits, Excluding Interest and Penalties (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Balance, beginning of period	$ 129	$ 58	$ 127
Additions for prior year tax positions	6	79	39
Additions for current year tax positions	4	4	5
Reduction for prior year tax positions	(40)	(7)	(114)
Lapse of the statute of limitations	(2)	0	0
Cash settlements	(2)	0	0
Impact of currency translations	(9)	(5)	1
Balance, end of period	$ 86	$ 129	$ 58

Income Taxes - Summary of Major

Income Taxes - Summary of Major Tax Jurisdictions and Fiscal Years Open to Examination (Detail)	12 Months Ended
	Jun. 30, 2016
U.S. Federal [Member] | Minimum [Member]
Operating Loss Carryforwards [Line Items]
Fiscal Years Open to Examination	2,009
U.S. Federal [Member] | Maximum [Member]
Operating Loss Carryforwards [Line Items]
Fiscal Years Open to Examination	2,015
U.S. States [Member]
Operating Loss Carryforwards [Line Items]
Fiscal Years Open to Examination	Various
Foreign Tax Authority [Member] | Minimum [Member] | Australia [Member]
Operating Loss Carryforwards [Line Items]
Fiscal Years Open to Examination	2,010
Foreign Tax Authority [Member] | Minimum [Member] | U.K. [Member]
Operating Loss Carryforwards [Line Items]
Fiscal Years Open to Examination	2,011
Foreign Tax Authority [Member] | Maximum [Member] | Australia [Member]
Operating Loss Carryforwards [Line Items]
Fiscal Years Open to Examination	2,015
Foreign Tax Authority [Member] | Maximum [Member] | U.K. [Member]
Operating Loss Carryforwards [Line Items]
Fiscal Years Open to Examination	2,015

Segment Information - Additiona

Segment Information - Additional Information (Detail)	12 Months Ended
	Jun. 30, 2016CountrySegmentDistributorBrand
Segment Reporting Information [Line Items]
Number of reportable segments | Segment	5
Book Publishing [Member]
Segment Reporting Information [Line Items]
Number of countries | Country	18
Book Publishing [Member] | Minimum [Member]
Segment Reporting Information [Line Items]
Number of branded publishing imprints | Brand	120
Digital Real Estate Services [Member] | REA Group Inc [Member]
Segment Reporting Information [Line Items]
Company ownership percentage	61.60%
Digital Real Estate Services [Member] | Move Inc [Member]
Segment Reporting Information [Line Items]
Company ownership percentage	80.00%
Ownership percentage held by REA Group	20.00%
Cable Network Programming [Member]
Segment Reporting Information [Line Items]
Number of television channels distribution | Distributor	7

Segment Information - Reconcili

Segment Information - Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016		Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenues	$ 2,117	$ 2,041	$ 2,258	$ 2,108	$ 2,226	$ 1,891	$ 2,161	$ 2,014	$ 8,292		$ 8,524	$ 8,486
Total Segment EBITDA									684		945	963
Depreciation and amortization									(505)		(498)	(552)
Impairment and restructuring charges									(89)		(84)	(94)
Equity earnings of affiliates									30		58	90
Interest, net									43		56	68
Other, net									18		75	(653)
Income (loss) from continuing operations before income tax benefit (expense)									181		552	(178)	[1]
Income tax benefit (expense)									54	[2]	(185)	614	[1]
(Loss) income from continuing operations	$ 5	$ 45	$ 162	$ 86	$ 95	$ (147)	$ 87	$ 129	235		367	436
News and Information Services [Member]
Segment Reporting Information [Line Items]
Revenues									5,338		5,731	6,153
Total Segment EBITDA									214		603	665
Depreciation and amortization									(347)		(365)	(458)
Book Publishing [Member]
Segment Reporting Information [Line Items]
Revenues									1,646		1,667	1,434
Total Segment EBITDA									185		221	197
Depreciation and amortization									(55)		(52)	(36)
Digital Real Estate Services [Member]
Segment Reporting Information [Line Items]
Revenues									822		625	408
Total Segment EBITDA									344		201	214
Depreciation and amortization									(69)		(44)	(20)
Cable Network Programming [Member]
Segment Reporting Information [Line Items]
Revenues									484		500	491
Total Segment EBITDA									124		135	128
Depreciation and amortization									(29)		(33)	(36)
Other [Member]
Segment Reporting Information [Line Items]
Revenues									2		1
Total Segment EBITDA									(183)		(215)	(241)
Depreciation and amortization									$ (5)		$ (4)	$ (2)
[1]	See Discussion of Foreign Tax Refund below.
[2]	The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. In addition, a tax benefit of $30 million related to the current year operations of the Digital Education segment was recorded to discontinued operations in Income (loss) from discontinued operations, net of tax, in the Statements of Operations in fiscal 2016. The tax (benefit) expense shown above excludes the tax benefit of the Company's digital education business. The Company will not have a current federal tax expense after accounting for the current federal tax benefits attributed to discontinued operations.

Segment Information - Reconc129

Segment Information - Reconciliation of Depreciation and Amortization, Capital Expenditures and Goodwill and Intangible Assets from Segments to Consolidated (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Total Depreciation and amortization	$ 505	$ 498	$ 552
Total Capital expenditures	256	308	358
Total goodwill and intangible assets, net	5,921	5,266
News and Information Services [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	347	365	458
Total Capital expenditures	174	238	268
Total goodwill and intangible assets, net	2,651	2,593
Book Publishing [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	55	52	36
Total Capital expenditures	9	12	52
Total goodwill and intangible assets, net	869	896
Digital Real Estate Services [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	69	44	20
Total Capital expenditures	64	45	24
Total goodwill and intangible assets, net	1,499	835
Cable Network Programming [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	29	33	36
Total Capital expenditures	8	7	7
Total goodwill and intangible assets, net	898	938
Other [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	5	4	2
Total Capital expenditures	1	6	$ 7
Total goodwill and intangible assets, net	$ 4	$ 4

Segment Information - Reconc130

Segment Information - Reconciliation of Assets from Segments to Consolidated (Detail) - USD ($) $ in Millions		Jun. 30, 2016	Jun. 30, 2015
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		$ 15,483	$ 15,035
Investments		2,270	2,379
Assets held for sale [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		0	92
News and Information Services [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		6,728	6,749
Book Publishing [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,855	2,022
Digital Real Estate Services [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		2,158	1,278
Cable Network Programming [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,101	1,163
Other [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	[1]	$ 1,371	$ 1,352
[1]	The Other segment primarily includes Cash and cash equivalents.

Segment Information - Revenue a

Segment Information - Revenue and Long-Lived Assets by Geographic Region (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues		$ 8,292	$ 8,524	$ 8,486
Total long-lived assets		2,801	3,157
U.S. and Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	[1]	3,920	3,808	3,631
Total long-lived assets		1,058	1,097
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	[2]	1,873	1,982	2,045
Total long-lived assets		939	1,201
Australasia and Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	[3]	2,499	2,734	$ 2,810
Total long-lived assets		$ 804	$ 859
[1]	Revenues include approximately $3.8 billion for fiscal 2016, $3.6 billion for fiscal 2015 and $3.5 billion for fiscal 2014 from customers in the U.S.
[2]	Revenues include approximately $1.5 billion for fiscal 2016, $1.6 billion for fiscal 2015 and $1.8 billion for fiscal 2014 from customers in the U.K.
[3]	Revenues include approximately $2.3 billion for fiscal 2016, $2.3 billion for fiscal 2015 and $2.6 billion for fiscal 2014 from customers in Australia.

Segment Information - Revenu132

Segment Information - Revenue and Long-Lived Assets by Geographic Region (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 8,292	$ 8,524	$ 8,486
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	3,800	3,600	3,500
Australia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	2,300	2,300	2,600
U.K. [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 1,500	$ 1,600	$ 1,800

Additional Financial Informa133

Additional Financial Information - Components of Other Current Assets Included in Balance Sheets (Detail) - USD ($) $ in Millions		Jun. 30, 2016	Jun. 30, 2015
Assets, Current [Abstract]
Inventory	[1]	$ 218	$ 299
Deferred tax assets		0	63	[2]
Assets held for sale		0	92
Amounts due from 21st Century Fox		55	63
Prepayments and other current assets		240	263
Total Other current assets		$ 513	$ 780
[1]	Inventory as of June 30, 2016 and 2015 was primarily comprised of books, newsprint, printing ink, and programming rights.
[2]	In fiscal year 2016, the Company early-adopted ASU 2015-17, "Balance Sheet Classification of Deferred Taxes", which requires that deferred income tax liabilities and assets be classified as noncurrent in the Consolidated Balance Sheet. As such the requirement under prior guidance which required an entity to separate deferred tax liabilities and assets into a current and non-current amount in the Consolidated Balance Sheet has been eliminated. The prior periods have not been retroactively adjusted as a result of the adoption of ASU 2015-17.

Additional Financial Informa134

Additional Financial Information - Components of Other Non-Current Assets Included in Balance Sheets (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Assets, Noncurrent [Abstract]
Royalty advances to authors	$ 311	$ 304
Other	85	163
Total Other non-current assets	$ 396	$ 467

Additional Financial Informa135

Additional Financial Information - Components of Other Current Liabilities (Detail) - USD ($) $ in Millions	Jun. 30, 2016	Jun. 30, 2015
Liabilities, Current [Abstract]
Current tax payable	$ 33	$ 27
Royalties and commissions payable	179	163
Other	254	211
Total Other current liabilities	$ 466	$ 401

Additional Financial Informa136

Additional Financial Information - Components of Other, Net Included in Statements of Operations (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Components of Other Income (Expense) [Line Items]
Gain on iProperty transaction	[1]	$ 29	$ 0	$ 0
Impairment of marketable securities and cost method investments	[2]	(21)	(5)	(10)
Foreign tax refund payable to 21st Century Fox	[3]	0	0	(721)
Gain on third party pension contribution	[4]	0	0	37
Gain on sale of marketable securities	[5]	0	29	6
Dividends received from cost method investments		0	25	0
Gain on sale of cost method investments		0	15	0
Other		10	11	(1)
Total Other, net		18	75	(653)
Australia [Member]
Components of Other Income (Expense) [Line Items]
Gain on sale of property		$ 0	$ 0	$ 36
[1]	See Note 3-Acquisitions, Disposals and Other Transactions.
[2]	See Note 6-Investments
[3]	See Note 18-Income Taxes
[4]	During the first quarter of fiscal 2014 approximately $37 million of contributions were made to a foreign pension plan by a third party in connection with the sale of a business in a prior period on behalf of former employees who retained certain pension benefits. This contribution reduced the Company's Retirement benefit obligation and resulted in a gain being recognized in Other, net in the Statement of Operations during the fiscal year ended June 30, 2014.
[5]	In August 2014, REA Group completed the sale of a minority interest held in marketable securities for total cash consideration of $104 million. As a result of the sale, REA Group recognized a pre-tax gain of $29 million, which was reclassified out of accumulated other comprehensive income and included in Other, net in the Statement of Operations.

Additional Financial Informa137

Additional Financial Information - Components of Other, Net Included in Statements of Operations (Parenthetical) (Detail) - USD ($) $ in Millions		1 Months Ended	12 Months Ended
		Aug. 31, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Components of Other Income (Expense) [Line Items]
Defined benefit plan contributions by third party					$ 37
Gain on sale of marketable securities	[1]		$ 0	$ 29	$ 6
REA Group Inc [Member]
Components of Other Income (Expense) [Line Items]
Cash consideration on sale of marketable securities		$ 104
Gain on sale of marketable securities			$ 29
[1]	In August 2014, REA Group completed the sale of a minority interest held in marketable securities for total cash consideration of $104 million. As a result of the sale, REA Group recognized a pre-tax gain of $29 million, which was reclassified out of accumulated other comprehensive income and included in Other, net in the Statement of Operations.

Additional Financial Informa138

Additional Financial Information - Components of Accumulated Other Comprehensive (Loss) Income (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Accumulated other comprehensive (loss) income, net of tax:
Balance, beginning of year		$ (582)	$ 610	$ 271
Fiscal year activity, net of income tax (expense) benefit		(444)	(1,192)	339
Balance, end of year		(1,026)	(582)	610
Unrealized Holding Gains (Losses) on Securities [Member]
Accumulated other comprehensive (loss) income, net of tax:
Balance, beginning of year		19	24	2
Fiscal year activity, net of income tax (expense) benefit	[1]	1	(5)	22
Balance, end of year		20	19	24
Benefit Plan Adjustments [Member]
Accumulated other comprehensive (loss) income, net of tax:
Balance, beginning of year		(413)	(384)	(348)
Fiscal year activity, net of income tax (expense) benefit	[2]	(32)	(29)	(36)
Balance, end of year		(445)	(413)	(384)
Foreign Currency Translation Adjustments [Member]
Accumulated other comprehensive (loss) income, net of tax:
Balance, beginning of year		(188)	971	617
Fiscal year activity, net of income tax (expense) benefit	[3]	(397)	(1,159)	354
Balance, end of year		(585)	(188)	971
Share of Other Comprehensive Income from Equity Affiliates Net [Member]
Accumulated other comprehensive (loss) income, net of tax:
Balance, beginning of year		0	(1)	0
Fiscal year activity, net of income tax (expense) benefit	[4]	(16)	1	(1)
Balance, end of year		$ (16)	$ 0	$ (1)
[1]	Net of income tax expense of nil, nil and $14 million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.
[2]	Net of income tax (benefit) of ($14) million, ($11) million and ($3) million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.
[3]	Excludes ($1) million, ($24) million and $2 million relating to noncontrolling interests for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.
[4]	Net of income tax (benefit) expense of ($7) million, $1 million and ($1) million for the fiscal years ended June 30, 2016, 2015 and 2014, respectively.

Additional Financial Informa139

Additional Financial Information - Components of Accumulated Other Comprehensive (Loss) Income (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized holding (losses) gains on securities, income tax expense	$ 0	$ 0	$ 14
Pension plans, income tax (benefit) expense	(14)	(11)	(3)
Foreign currency translation adjustments, fiscal year activity	(398)	(1,183)	356
Share of other comprehensive income from equity affiliates, net, income tax expense (benefit)	(7)	1	(1)
Noncontrolling Interests [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation adjustments, fiscal year activity	$ (1)	$ (24)	$ 2

Valuation and Qualifying Acc140

Valuation and Qualifying Accounts - Schedule of Valuation and Qualifying Accounts (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Allowances for Returns and Doubtful Accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of year	$ (220)	$ (175)	$ (175)
Additions	(566)	(573)	(382)
Acquisitions and disposals	(12)	(68)	0
Utilization	582	586	384
Foreign exchange	3	10	(2)
Balance at end of year	(213)	(220)	(175)
Deferred Tax Valuation Allowance [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of year	(1,308)	(1,393)	(1,391)
Additions	(8)	(102)	(105)
Acquisitions and disposals	109	(186)	0
Utilization	114	290	0
Foreign exchange	79	83	103
Balance at end of year	$ (1,014)	$ (1,308)	$ (1,393)

Quarterly Data - Schedule of Qu

Quarterly Data - Schedule of Quarterly Financial Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 2,117	$ 2,041	$ 2,258	$ 2,108	$ 2,226	$ 1,891	$ 2,161	$ 2,014	$ 8,292	$ 8,524	$ 8,486
Income (loss) from continuing operations attributable to News Corporation stockholders	5	45	162	86	95	(147)	87	129	235	367	436
Income (loss) from discontinued operations, net of tax	(383)	(22)	(19)	(21)	(5)	(2)	(24)	46	15	(445)	(142)
Net income (loss) attributable to News Corporation stockholders	$ (378)	$ 23	$ 143	$ 65	$ 90	$ (149)	$ 63	$ 175	$ 179	$ (147)	$ 239
Income (loss) from continuing operations available to News Corporation stockholders per share-basic and diluted	$ 0.01	$ 0.08	$ 0.27	$ 0.15	$ 0.16	$ (0.26)	$ 0.15	$ 0.22	$ 0.28	$ 0.51	$ 0.65
Income (loss) available to News Corporation stockholders per share-basic	(0.66)	(0.04)	(0.03)	(0.04)	(0.01)	0	(0.04)	0.08
Income (loss) available to News Corporation stockholders per share-diluted	$ (0.65)	$ 0.04	$ 0.24	$ 0.11	$ 0.15	$ (0.26)	$ 0.11	$ 0.30

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - $ / shares	1 Months Ended		12 Months Ended
	Aug. 31, 2016	Jun. 30, 2016	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Subsequent Event [Line Items]
Semi-annual cash dividend				$ 0	$ 0
Dividend payable date		Oct. 19, 2016
Dividend record date		Sep. 14, 2016
Class A Common Stock [Member]
Subsequent Event [Line Items]
Semi-annual cash dividend			$ 0.20
Class B Common Stock [Member]
Subsequent Event [Line Items]
Semi-annual cash dividend			$ 0.20
Subsequent Event [Member] | Class A Common Stock [Member]
Subsequent Event [Line Items]
Semi-annual cash dividend	$ 0.10
Subsequent Event [Member] | Class B Common Stock [Member]
Subsequent Event [Line Items]
Semi-annual cash dividend	$ 0.10