News (NWS) 10-K 14 Aug 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2017	Aug. 07, 2017	Dec. 30, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
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		382,305,541
Entity Public Float			$ 4,349,929,638
Class B Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		199,630,240
Entity Public Float			$ 1,426,670,174

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Advertising		$ 2,860	$ 3,025	$ 3,349
Circulation and subscription		2,470	2,569	2,608
Consumer		1,573	1,578	1,594
Real estate		696	619	486
Other		540	501	487
Total Revenues		8,139	8,292	8,524
Operating expenses		(4,529)	(4,728)	(4,952)
Selling, general and administrative		(2,725)	(2,722)	(2,627)
NAM Group and Zillow settlements, net		0	(158)	0
Depreciation and amortization		(449)	(505)	(498)
Impairment and restructuring charges		(927)	(89)	(84)
Equity (losses) earnings of affiliates		(295)	30	58
Interest, net		39	43	56
Other, net		132	18	75
(Loss) income from continuing operations before income tax (expense) benefit		(615)	181	552
Income tax (expense) benefit	[1]	(28)	54	(185)
(Loss) income from continuing operations		(643)	235	367
Income (loss) from discontinued operations, net of tax		0	15	(445)
Net (loss) income		(643)	250	(78)
Less: Net income attributable to noncontrolling interests		(95)	(71)	(69)
Net (loss) income attributable to News Corporation stockholders		$ (738)	$ 179	$ (147)
Basic and diluted (loss) income earnings per share:
(Loss) income from continuing operations available to News Corporation stockholders per share		$ (1.27)	$ 0.28	$ 0.51
Income (loss) from discontinued operations available to News Corporation stockholders per share		0	0.02	(0.77)
Net (loss) income available to News Corporation stockholders per share		(1.27)	0.30	(0.26)
Cash dividends declared per share of common stock		$ 0.20	$ 0.20	$ 0
[1]	The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal year 2016. In addition, a tax benefit of $30 million related to the operations of the Digital Education segment was recorded to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal 2016. The tax expense (benefit) 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 federal current tax benefits attributed to discontinued operations.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net (loss) income		$ (643)	$ 250	$ (78)
Other comprehensive income (loss):
Foreign currency translation adjustments		84	(398)	(1,183)
Unrealized holding (losses) gains on securities, net	[1]	(25)	1	(5)
Benefit plan adjustments, net	[2]	8	(32)	(29)
Share of other comprehensive (loss) income from equity affiliates, net	[3]	4	(16)	1
Other comprehensive income (loss)		71	(445)	(1,216)
Comprehensive loss		(572)	(195)	(1,294)
Less: Net income attributable to noncontrolling interests		(95)	(71)	(69)
Less: Other comprehensive loss (income) attributable to noncontrolling interests		(9)	1	24
Comprehensive loss attributable to News Corporation stockholders		$ (676)	$ (265)	$ (1,339)
[1]	Net of income tax (benefit) expense of ($10) million, nil and nil for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.
[2]	Net of income tax expense (benefit) of $8 million, ($14) million and ($11) million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.
[3]	Net of income tax expense (benefit) of $2 million, ($7) million and $1 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.

Consolidated Statements of Com4

Consolidated Statements of Comprehensive Loss (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Unrealized holding (losses) gains on securities, income tax (benefit) expense	$ (10)	$ 0	$ 0
Benefit plan adjustments, income tax expense (benefit)	8	(14)	(11)
Share of other comprehensive (loss) income from equity affiliates, income tax expense (benefit)	$ 2	$ (7)	$ 1

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Jun. 30, 2017	Jun. 30, 2016
Current assets:
Cash and cash equivalents		$ 2,016	$ 1,832
Restricted cash		0	315
Receivables, net		1,276	1,229
Other current assets		523	513
Total current assets		3,815	3,889
Non-current assets:
Investments		2,027	2,270
Property, plant and equipment, net		1,624	2,405
Intangible assets, net		2,281	2,207
Goodwill		3,838	3,714
Deferred income tax assets		525	602
Other non-current assets		442	396
Total assets		14,552	15,483
Current liabilities:
Accounts payable		222	217
Accrued expenses		1,204	1,371
Deferred revenue		426	388
Other current liabilities		600	466
Total current liabilities		2,452	2,442
Non-current liabilities:
Borrowings		276	369
Retirement benefit obligations		319	350
Deferred income tax liabilities		61	171
Other non-current liabilities		351	349
Commitments and contingencies
Equity
Additional paid-in capital		12,395	12,434
(Accumulated deficit) retained earnings		(648)	150
Accumulated other comprehensive loss		(964)	(1,026)
Total News Corporation stockholders' equity		10,789	11,564
Noncontrolling interests		284	218
Total equity		11,073	11,782
Total liabilities and equity		14,552	15,483
Redeemable Preferred Stock [Member]
Non-current liabilities:
Redeemable preferred stock		20	20
Class A Common Stock [Member]
Equity
Common stock	[1]	4	4
Total equity		4	4
Class B Common Stock [Member]
Equity
Common stock	[2]	2	2
Total equity		$ 2	$ 2
[1]	Class A common stock, $0.01 par value per share ("Class A Common Stock"), 1,500,000,000 shares authorized, 382,294,262 and 380,490,770 shares issued and outstanding, net of 27,368,413 treasury shares at par at June 30, 2017 and June 30, 2016, respectively.
[2]	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, 2017 and June 30, 2016, respectively.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2017	Jun. 30, 2016
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	382,294,262	380,490,770
Common stock outstanding, net of treasury stock	382,294,262	380,490,770
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, 2017	Jun. 30, 2016	Jun. 30, 2015
Operating activities:
Net (loss) income	$ (643)	$ 250	$ (78)
Less: Income (loss) from discontinued operations, net of tax	0	15	(445)
(Loss) income from continuing operations	(643)	235	367
Adjustments to reconcile (loss) income from continuing operations to cash provided by operating activities:
Depreciation and amortization	449	505	498
Equity losses (earnings) of affiliates	295	(30)	(58)
Cash distributions received from affiliates	4	34	138
Impairment charges	785	0	0
Other, net	(132)	(18)	(75)
Deferred income taxes and taxes payable	(95)	(147)	59
Change in operating assets and liabilities, net of acquisitions:
Receivables and other assets	(58)	22	29
Inventories, net	15	35	18
Accounts payable and other liabilities	137	58	12
NAM Group settlement	(258)	258	0
Net cash provided by operating activities from continuing operations	499	952	988
Net cash used in operating activities from discontinued operations	(5)	(74)	(157)
Net cash provided by operating activities	494	878	831
Investing activities:
Capital expenditures	(256)	(256)	(308)
Changes in restricted cash for Wireless Group acquisition	315	(315)	0
Acquisitions, net of cash acquired	(347)	(520)	(1,190)
Investments in equity affiliates and other	(59)	(51)	(146)
Other investments	(39)	(54)	(224)
Proceeds from business dispositions	162	1	0
Proceeds from property, plant and equipment and other asset dispositions	109	41	182
Other	10	30	15
Net cash used in investing activities from continuing operations	(105)	(1,124)	(1,671)
Net cash provided by (used in) investing activities from discontinued operations	0	13	(70)
Net cash used in investing activities	(105)	(1,111)	(1,741)
Financing activities:
Borrowings	0	342	0
Repayment of borrowings acquired in acquisitions	(23)	0	(129)
Repurchase of shares	0	(41)	(30)
Dividends paid	(152)	(147)	(30)
Other, net	(42)	(4)	(1)
Net cash (used in) provided by financing activities from continuing operations	(217)	150	(190)
Net cash used in financing activities from discontinued operations	0	0	0
Net cash (used in) provided by financing activities	(217)	150	(190)
Net increase (decrease) in cash and cash equivalents	172	(83)	(1,100)
Cash and cash equivalents, beginning of year	1,832	1,951	3,145
Exchange movement on opening cash balance	12	(36)	(94)
Cash and cash equivalents, end of year	$ 2,016	$ 1,832	$ 1,951

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 (Accumulated Deficit) [Member]	Accumulated Other Comprehensive Income [Member]	News Corporation Stockholders [Member]	Noncontrolling Interests [Member]
Beginning balance at Jun. 30, 2014	$ 13,399	$ 4	$ 2	$ 12,390	$ 237	$ 610	$ 13,243	$ 156
Beginning balance, shares at Jun. 30, 2014		379,000,000	200,000,000
Net (loss) income	(78)	$ 0	$ 0	0	(147)	0	(147)	69
Other comprehensive income (loss)	(1,216)	0	0	0	0	(1,192)	(1,192)	(24)
Dividends	(30)	0	0	0	(2)	0	(2)	(28)
Share repurchases	$ (32)	$ 0	$ 0	(32)	0	0	(32)	0
Share repurchases, shares	(2,100,000)	(2,000,000)	0
Other	$ 73	$ 0	$ 0	75	0	0	75	(2)
Other, shares		5,000,000	0
Ending balance at Jun. 30, 2015	12,116	$ 4	$ 2	12,433	88	(582)	11,945	171
Ending balance, shares at Jun. 30, 2015		382,000,000	200,000,000
Net (loss) income	250	$ 0	$ 0	0	179	0	179	71
Other comprehensive income (loss)	(445)	0	0	0	0	(444)	(444)	(1)
Dividends	(147)	0	0	0	(118)	0	(118)	(29)
Share repurchases	$ (39)	$ 0	$ 0	(39)	0	0	(39)	0
Share repurchases, shares	(3,100,000)	(3,000,000)	0
Other	$ 47	$ 0	$ 0	40	1	0	41	6
Other, shares		1,000,000	0
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
Net (loss) income	(643)	$ 0	$ 0	0	(738)	0	(738)	95
Other comprehensive income (loss)	71	0	0	0	0	62	62	9
Dividends	(152)	0	0	(58)	(60)	0	(118)	(34)
Share repurchases	$ 0	$ 0	$ 0	0	0	0	0	0
Share repurchases, shares	0	0	0
Other	$ 15	$ 0	$ 0	19	0	0	19	(4)
Other, shares		2,000,000	0
Ending balance at Jun. 30, 2017	$ 11,073	$ 4	$ 2	$ 12,395	$ (648)	$ (964)	$ 10,789	$ 284
Ending balance, shares at Jun. 30, 2017		382,294,262	199,630,240

Description of Business and Bas

Description of Business and Basis of Presentation	12 Months Ended
	Jun. 30, 2017
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, 2017, 2016 and 2015 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 maintains a 52-53 week fiscal year ending on the Sunday closest to June 30 in each year. Fiscal 2017, fiscal 2016 and fiscal 2015 included 52, 53 and 52 weeks, respectively. All references to the fiscal years ended June 30, 2017, 2016, and 2015 relate to the fiscal years ended July 2, 2017, July 3, 2016, and June 28, 2015, 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, 2017
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 fiscal 2017 presentation. Specifically, the Company reclassified its listing revenues generated primarily from agents, brokers and developers from advertising revenue to real estate revenue for all periods presented to better reflect the Company’s revenue mix and how management reviews the performance of the Digital Real Estate Services segment. Additionally, in the third quarter of fiscal 2017, the Company revised the Statements of Cash Flows to present cash flow activities from discontinued operations within each of the operating, investing and financing activities categories. 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, 2017 and 2016 also includes $276 million and $95 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 its general operations. The restricted cash balance of $315 million as of June 30, 2016 related to cash set aside for the Wireless Group acquisition in order to comply with U.K. takeover regulations. (See Note 3 – Acquisitions, Disposals and Other Transactions). The Company utilized the restricted cash which was specifically set aside at June 30, 2016 for purposes of funding the acquisition and therefore the Company had no restricted cash as of June 30, 2017. 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, 2017 2016 (in millions) Receivables $ 1,484 $ 1,442 Allowances for sales returns (166 ) (170 ) Allowances for doubtful accounts (42 ) (43 ) Receivables, net $ 1,276 $ 1,229 The Company’s receivables did not represent significant concentrations of credit risk as of June 30, 2017 or June 30, 2016 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 the estimated useful life of the title, 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 with an estimated useful life exceeding one year. The Company regularly reviews the recoverability of the capitalized costs based on expected future revenues. Prepublications costs are included in Other non-current assets on the Balance Sheets and were $31 million and $33 million as of June 30, 2017 and 2016, respectively. Amortization of prepublication costs for the fiscal years ended June 30, 2017, 2016 and 2015 was $45 million, $43 million, and $43 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 and whether the Company is the primary beneficiary. 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 investments 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, indefinite-lived intangibles or other assets and liabilities 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 (losses) 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, 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 changed, 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 beginning on 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 also 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 royalty advances for unpublished titles 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 goodwill and intangible assets, including newspaper mastheads, distribution networks, publishing imprints, radio broadcast licenses, trademarks and tradenames, channel distribution agreements, publishing rights and customer relationships. 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. 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 its goodwill impairment review, the Company has identified Dow Jones, the Australian newspapers, the U.K. newspapers, News America Marketing, Unruly Holdings Limited (“Unruly”), Storyful Limited (“Storyful”), Wireless Group plc (“Wireless Group), FOX SPORTS Australia, Australia News Channel Pty Ltd (“ANC”), HarperCollins, REA Group, Move, Inc. (“Move”) and DIAKRIT International Limited (“DIAKRIT”), as its reporting units. During the third quarter of fiscal 2017, the Company early adopted ASU 2017-04, “Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”) which eliminates Step 2 from the goodwill impairment test and instead requires an entity to perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and to recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. Under ASU 2017-04, 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 a quantitative analysis to determine the fair value of the business, and compare the calculated fair value of a reporting unit with its carrying amount, including goodwill. If through a quantitative analysis the Company determines the fair value of a reporting unit exceeds its carrying amount, the goodwill of the reporting unit is considered not to be impaired. If the Company concludes that the fair value of the reporting unit is less than its carrying value, an impairment will be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value. The Company also performs impairment reviews on its indefinite-lived intangible assets, including newspaper mastheads, distribution networks, publishing imprints, radio broadcast licenses and trademarks and tradenames. Newspaper mastheads, radio broadcast licenses 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 events or circumstances exist that lead 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 asset 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 an indefinite-lived intangible asset is less than its carrying value. If through a quantitative analysis the Company determines the fair value of an indefinite-lived intangible asset exceeds its carrying amount, the indefinite-lived intangible asset is considered not to be impaired. If the Company concludes that the fair value of an indefinite-lived intangible asset is less than its carrying value, an impairment will be recognized for the amount by which the carrying amount exceeds the indefinite-lived intangible asset’s fair value. The methods used to estimate the fair value measurements of the Company’s reporting units 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. 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. 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 the Company to 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. Treasury Stock The Company accounts for treasury stock using the cost method. Upon the retirement of treasury stock, the Company allocates the value of treasury shares between common stock, additional paid-in capital and retained earnings. All shares repurchased to date have been retired. 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, broadcast 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 Real estate revenues are derived from the sale of online real estate listing products and services to agents, brokers and developers. Revenues are recognized on the fulfillment of customer service obligations, which may include product performance and/or product service periods. Advertising revenues are recognized in the period when advertising is placed on digital platforms, net of commissions and provisions for estimated sales incentives including rebates, rate adjustments and discounts. 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 $48 million, $58 million and $56 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. Expense from barter transactions included in the Statements of Operations was $48 million, $58 million and $56 million for the fiscal years ended June 30, 2017, 2016 and 2015, 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 $587 million, $607 million and $530 million for the fiscal years ended June 30, 2017, 2016 and 2015, 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 loss. 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 and defined contribution 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 of pension assets 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 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 resul

Acquisitions, Disposals and Oth

Acquisitions, Disposals and Other Transactions	12 Months Ended
	Jun. 30, 2017
Business Combinations [Abstract]
Acquisitions, Disposals and Other Transactions	NOTE 3. ACQUISITIONS, DISPOSALS AND OTHER TRANSACTIONS Fiscal 2017 Wireless Group plc In September 2016, the Company completed its acquisition of Wireless Group for a purchase price of 315 pence per share in cash, or approximately £220 million (approximately $285 million) in the aggregate, plus $23 million of assumed debt which was repaid subsequent to closing. Wireless Group operates talkSPORT, the leading sports radio network in the U.K., and a portfolio of radio stations in the U.K. and Ireland. The acquisition broadens the Company’s range of services in the U.K., Ireland and internationally, and the Company continues to closely align Wireless Group’s operations with those of The Sun The Times The total transaction value for the Wireless Group acquisition is set forth below (in millions): Cash paid for Wireless Group equity $ 285 Plus: Assumed debt 23 Total transaction value $ 308 Under the acquisition 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: Intangible assets $ 220 Goodwill 115 Net liabilities (50 ) Total net assets acquired $ 285 The acquired intangible assets primarily relate to broadcast licenses, which have a fair value of approximately $185 million, tradenames, which have a fair value of approximately $27 million, and customer relationships with a fair value of approximately $8 million. The broadcast licenses and tradenames have indefinite lives and the customer relationships are being amortized over a weighted-average useful life of approximately 6 years. Wireless Group’s results 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. Australian Regional Media In December 2016, the Company acquired Australian Regional Media (“ARM”) from HT&E Limited (formerly APN News and Media Limited) (“HT&E”) 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. ARM is a subsidiary of News Corp Australia, and its results are included within the News and Information Services segment. REA Group European Business In December 2016, REA Group, in which the Company holds a 61.6% interest, sold its European business for approximately $140 million (approximately €133 million) in cash, which resulted in a pre-tax gain of $107 million for the fiscal year ended June 30, 2017. The sale allows REA Group to focus on its core businesses in Australia and Asia. 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 incentives 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 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 was allocated to acquired technology with a weighted-average useful life of 7 years, $21 million was allocated to customer relationships and tradenames with a weighted-average useful life of 6 years and $68 million was allocated to goodwill. 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 six years following the closing at fair value. DIAKRIT is a leader in 3D visualization products, digital sales applications and professional services for the real estate industry. 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 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% interest will become mandatorily redeemable during fiscal 2018. As a result, the Company recognized a liability of approximately $76 million, which reflected 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” (“ASC 805”), 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 acquisition method of accounting, the total consideration was 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. Flatmates.com.au Pty Ltd In May 2016, REA Group acquired Flatmates.com.au Pty Ltd (“Flatmates”) for $19 million in cash at closing and up to $15 million in future cash consideration related to payments contingent upon the achievement of certain performance objectives. Flatmates operates the Flatmates.com.au website, which is a market leading share accommodation site in Australia. The acquisition enhances REA Group’s Australian product offering by extending its reach into the quickly growing share accommodation business. Flatmates is a subsidiary of REA Group, and its results are included within the Digital Real Estate Services segment. 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 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 was 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 acquisition method of accounting, the total consideration transferred was 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.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Jun. 30, 2017
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, 2017 2016 2015 (in millions) Revenues $ — $ 27 $ 109 Loss before income tax benefit — (159 ) (496 ) Income tax benefit — 174 51 Income (loss) from discontinued operations, net of tax $ — $ 15 $ (445 ) Liabilities held for sale related to discontinued operations as of June 30, 2016 are included in Other current liabilities in the Balance Sheets as follows: As of 2017 As of 2016 (in millions) Current assets $ — $ 1 Non-current assets — — Total assets $ — $ 1 Current liabilities — 7 Non-current liabilities — — Total liabilities $ — $ 7 Net liabilities held for sale $ — $ (6 )

Restructuring Programs

Restructuring Programs	12 Months Ended
	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Restructuring Programs	NOTE 5. RESTRUCTURING PROGRAMS The Company recorded restructuring charges of $142 million, $89 million and $84 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively, of which $133 million, $79 million and $75 million related to the News and Information Services segment, respectively. The restructuring charges recorded in fiscal 2017, 2016 and 2015 were primarily for employee termination benefits. In connection with a reorganization at Dow Jones, the Company incurred $38 million of restructuring expense in the fiscal year ended June 30, 2017 which is included in the restructuring charges discussed above. Changes in the restructuring program liabilities were as follows: One-time Facility costs Other costs Total (in millions) 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 Additions 137 — 5 142 Payments (135 ) (1 ) (1 ) (137 ) Other (2 ) 2 — — Balance, June 30, 2017 $ 33 $ 6 $ 10 $ 49 As of June 30, 2017, restructuring liabilities of approximately $35 million were included in the Balance Sheet in Other current liabilities and $14 million were included in Other non-current liabilities.

Investments

Investments	12 Months Ended
	Jun. 30, 2017
Investments Schedule [Abstract]
Investments	NOTE 6. INVESTMENTS The Company’s investments were comprised of the following: Ownership 2017 As of June 30, 2017 2016 (in millions) Equity method investments: Foxtel (a) 50% $ 1,208 $ 1,437 Other equity method investments (b) various 133 101 Loan receivable from Foxtel (c) N/A 370 338 Available-for-sale securities (d) various 97 189 Cost method investments (e) various 219 205 Total Investments $ 2,027 $ 2,270 (a) During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. As a result of Foxtel’s performance in the first half of fiscal 2017 and the competitive operating environment in the Australian pay-TV market, the Company revised its future outlook for the business, which resulted in a reduction in expected future cash flows. Based on the revised projections, the Company determined that the fair value of its investment in Foxtel declined below its $1.4 billion carrying value, which includes the gain recognized in connection with the acquisition of Consolidated Media Holdings Ltd. (“CMH”). Significant unobservable inputs utilized in the income approach valuation method were a discount rate of 9.0% and a long-term growth rate of 2.5%. Significant unobservable inputs utilized in the market approach valuation method were EBITDA multiples from guideline public companies operating in similar industries and a control premium of 10%. Any significant shortfall of the expected future cash flows of, or changes in market conditions for, Foxtel could result in additional write downs for which non-cash charges would be required. In November 2012, the Company acquired CMH, a media investment company that operates in Australia. CMH owned a 25% interest in Foxtel through its 50% interest in FOX SPORTS Australia. The CMH acquisition was accounted for in accordance with ASC 805 which requires an acquirer to remeasure its previously held equity interest in an acquiree at its acquisition date fair value and recognize the resulting gain or loss in earnings. The carrying amount of the Company’s previously held equity interest in FOX SPORTS Australia, through which the Company held its indirect 25% interest in Foxtel, was revalued to fair value as of the acquisition date, resulting in a step-up and non-cash gain of approximately $1.3 billion for the fiscal year ended June 30, 2013, of which $0.9 billion related to Foxtel. (b) In January 2017, REA Group acquired an approximate 15% interest in Elara Technologies Pte. Ltd., a leading online real estate services provider in India (“Elara”), for $50 million. Elara operates PropTiger.com, Makaan.com and Housing.com, and the investment further strengthens REA Group’s presence in Asia. Following the completion of the investment and certain related transactions, including Elara’s acquisition of Housing.com, News Corporation’s pre-existing interest in Elara decreased to approximately 23%. (c) In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and pro rata capital contributions made by Foxtel shareholders 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$481 million ($370 million) and A$451 million ($338 million) as of June 30, 2017 and June 30, 2016, respectively. During the three months ended June 30, 2017, the Company capitalized a portion of the interest due from Foxtel which is included in the carrying value of the note receivable as of June 30, 2017. 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 investment in HT&E. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest in HT&E for $20 million. During the second quarter of fiscal 2017, the Company participated in an entitlement offer for $21 million and its interest was diluted from 14.99% to 13.23%. During the fourth quarter of fiscal 2017, the Company’s interest increased from 13.23% to 13.40% as a result of dividend reinvestment. HT&E operates a portfolio of Australian radio and outdoor media assets. (e) Cost method investments primarily include the Company’s investment in SEEKAsia Limited and certain investments in China. 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, 2017 2016 (in millions) Cost basis of available-for-sale investments $ 99 $ 155 Accumulated gross unrealized gain — 34 Accumulated gross unrealized (loss) (2 ) — Fair value of available-for-sale investments $ 97 $ 189 Net deferred tax (asset) liability $ (1 ) $ 13 Equity (Losses) Earnings of Affiliates The Company’s share of the (losses) earnings of its equity affiliates was as follows: For the fiscal years ended June 30, 2017 2016 2015 (in millions) Foxtel (a) $ (265 ) $ 38 $ 59 Other equity affiliates, net (b) (30 ) (8 ) (1 ) Total Equity (losses) earnings of affiliates $ (295 ) $ 30 $ 58 (a) During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. The write-down is reflected in Equity (losses) earnings of affiliates in the Statement of Operations for the fiscal year ended June 30, 2017. Refer to the discussion above for further details. Additionally, in accordance with ASC 350, the Company amortized $68 million, $52 million and $57 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, 2017, 2016 and 2015, respectively. Such amortization is reflected in Equity (losses) earnings of affiliates in the Statements of Operations. (b) Other equity affiliates, net for the fiscal year ended June 30, 2017 includes losses primarily from the Company’s interest in Elara. Additionally, during the fourth quarter of fiscal 2017, the Company recognized impairments of $9 million on certain other equity method investments. The impairments are reflected in Equity (losses) earnings of affiliates in the Statement of Operations for the fiscal year ended June 30, 2017. Impairments of Other 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 available-for-sale securities and cost method investments in the fiscal years ended June 30, 2017, 2016 and 2015 of $21 million, $21 million and $5 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. In the fiscal years ended June 30, 2017, 2016 and 2015, write-offs and impairments of $21 million, $17 million and nil, respectively, were reclassified out of accumulated other comprehensive loss 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, 2017 2016 2015 (in millions) Revenues $ 2,411 $ 2,379 $ 2,658 Operating income (a) 353 373 441 Net income 59 180 232 (a) Includes Depreciation and amortization of $215 million, $231 million and $319 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. Operating income before depreciation and amortization was $568 million, $604 million, and $760 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. As of June 30, 2017 2016 (in millions) Current assets $ 642 $ 605 Non-current assets 2,517 2,470 Current liabilities 758 764 Non-current liabilities 2,557 2,534

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	NOTE 7. PROPERTY, PLANT AND EQUIPMENT Useful Lives As of June 30, 2017 2016 (in millions) Land $ 153 $ 153 Buildings and leaseholds 3 to 50 years 1,733 1,793 Machinery and equipment (a) 3 to 40 years 2,985 2,872 4,871 4,818 Less: accumulated depreciation and amortization (b) (3,339 ) (2,524 ) 1,532 2,294 Construction in progress 92 111 Total Property, plant and equipment, net $ 1,624 $ 2,405 (a) Includes capitalized software of approximately $997 million and $950 million as of June 30, 2017 and 2016, respectively. (b) Includes accumulated amortization of capitalized software of approximately $691 million and $498 million as of June 30, 2017 and 2016, respectively. Depreciation and amortization related to property, plant and equipment was $358 million, $415 million, and $407 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. This includes amortization of capitalized software of $168 million, $194 million and $169 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. Total operating lease expense was approximately $156 million, $164 million and $195 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. Fixed Asset Impairment During the fiscal year ended June 30, 2017, the Company recognized total fixed asset impairment charges of $679 million, primarily at News UK and News Corp Australia. During the fourth quarter of fiscal 2017, as part of the Company’s long-range planning process, the Company reduced its outlook for the U.K. newspapers due to the impact of adverse print advertising and print circulation trends on the future expected performance of the business. As a result, the Company recognized a non-cash impairment charge of approximately $360 million related to the write-down of fixed assets at the U.K. newspapers. The write-down was comprised of approximately $252 million related to print sites, $85 million related to printing presses and print related equipment and $23 million related to capitalized software. Significant unobservable inputs utilized in the income approach valuation method were a discount rate of 8.5% and a -1.0% long term growth rate. During the second quarter of fiscal 2017, the Company recognized a non-cash impairment charge of approximately $310 million primarily related to the write-down of fixed assets at the Australian newspapers. The write-down was a result of the impact of adverse trends on the future expected performance of the Australian newspapers, where revenue declines from continued weakness in the print advertising market accelerated during the second quarter. The write-down was comprised of approximately $149 million related to printing presses and print related equipment, $77 million related to facilities, $66 million related to capitalized software and $18 million related to tradenames. Significant unobservable inputs utilized in the income approach valuation method were a discount rate of 11.5% and no long-term growth.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Jun. 30, 2017
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, 2017 and June 30, 2016 were as follows: As of June 30, 2017 2016 (in millions) Intangible Assets Not Subject to Amortization Newspaper mastheads $ 299 $ 307 Distribution networks 390 391 Imprints 237 245 Radio broadcast licenses 185 — Trademarks and tradenames 179 191 Total intangible assets not subject to amortization 1,290 1,134 Intangible Assets Subject to Amortization Channel distribution agreements (a) 335 342 Publishing rights (b) 329 365 Customer relationships (c) 310 336 Other (d) 17 30 Total intangible assets subject to amortization, net 991 1,073 Total Intangible assets, net $ 2,281 $ 2,207 (a) Net of accumulated amortization of $76 million and $58 million as of June 30, 2017 and 2016, 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 intangible assets will be generated. (b) Net of accumulated amortization of $181 million and $150 million as of June 30, 2017 and 2016, respectively. The useful lives of publishing rights range from 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 $399 million and $363 million as of June 30, 2017 and 2016, respectively. The useful lives of customer relationships range 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. (d) Net of accumulated amortization of $83 million and $69 million as of June 30, 2017 and 2016, respectively. The useful lives of other intangible assets range 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. During the fiscal year ended June 30, 2017, the Company recognized impairment charges of $58 million related to trademarks and tradenames. Amortization expense related to amortizable intangible assets was $91 million, $91 million and $90 million for the fiscal years ended June 30, 2017, 2016 and 2015, 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: 2018—$88 million; 2019—$75 million; 2020—$67 million; 2021— $62 million; and 2022—$57 million. 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, 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 Acquisitions 136 10 2 11 — 159 Impairments (a) (20 ) — (24 ) — (4 ) (48 ) Dispositions (b) — — (20 ) — — (20 ) Foreign currency movements 3 1 16 13 — 33 Balance, June 30, 2017 $ 1,884 $ 271 $ 1,183 $ 500 $ — $ 3,838 (a) In the News and Information Services segment, the write-down of goodwill primarily relates to a reporting unit in the U.K.. In the Digital Real Estate Services segment, the write-down of goodwill relates to the Company’s DIAKRIT reporting unit. (b) Relates to REA Group’s sale of its European business. The carrying amount of goodwill as of June 30, 2017 reflected accumulated impairments, principally relating to the News and Information Services segment, of $3.5 billion. Annual Impairment Assessments Fiscal 2017 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 resulted in impairments of $88 million of goodwill and indefinite-lived intangible assets in fiscal 2017. Significant unobservable inputs utilized in the income approach valuation method were discount rates (ranging from 9.0%-25.0%), long-term growth rates (ranging from 0.0%-3.3%) and royalty rates (ranging from 0.5%-7.5%). 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 2016 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.

Borrowings

Borrowings	12 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Borrowings	NOTE 9. BORROWINGS The Company’s total borrowings consist of the following: As of June 30, 2017 As of June 30, 2016 (in millions) Facility due December 2017 $ 92 $ 90 Facility due December 2018 92 90 Facility due December 2019 184 179 Other obligations 11 13 Total debt 379 372 Less: Current portion (a) (103 ) (3 ) Total long-term debt $ 276 $ 369 (a) The current portion of long term debt is included in Other current liabilities. See Note 20—Additional Financial Information. REA Group Unsecured Revolving Loan Facility REA Group entered into an 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, 2017, REA Group was paying a margin of between 0.85% and 1.05%. REA Group paid approximately $10 million in interest for the fiscal year ended June 30, 2017 at a weighted average interest rate of 2.7%. 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, 2017, 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, 2017, 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, 2017, 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 2018 $ 92 Fiscal 2019 92 Fiscal 2020 185 Fiscal 2021 — Fiscal 2022 — Thereafter —

Redeemable Preferred Stock

Redeemable Preferred Stock	12 Months Ended
	Jun. 30, 2017
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, 2017 and 2016, $20 million was included in Redeemable preferred stock on the Balance Sheets.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Jun. 30, 2017
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 and Preferred Stock Shares Outstanding Dividends For the fiscal years ended June 30, 2017 2016 2015 Cash dividends paid per share $ 0.20 $ 0.20 $ — The timing, declaration, amount and payment of future dividends to stockholders, if any, is within the discretion of the Company’s Board of Directors (the “Board of Directors”). The Board of Directors’ decisions regarding the payment of future dividends will depend on 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 Board of Directors deems relevant. Voting Rights Liquidation Rights Under the Company’s Charter, the Board of Directors is authorized to issue shares of preferred stock or series common stock at any time, without stockholder approval, in one or more series and to fix the number of shares, designations, voting powers, if any, preferences and relative, participating, optional and other rights of such series, as well as any applicable qualifications, limitations or restrictions, to the full extent permitted by Delaware law, subject to the limitations set forth in the Charter, including stockholder approval requirements with respect to the issuance of preferred stock or series common stock entitling holders thereof to more than one vote per share. 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. No stock repurchases were made during fiscal 2017. Through August 7, 2017, the Company repurchased approximately 5.2 million shares of Class A Common Stock for an aggregate cost of approximately $71 million. The remaining authorized amount under the stock repurchase program as of August 7, 2017 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, 2017, 2016 and 2015 are as follows: For the fiscal years ended June 30, 2017 2016 2015 (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, 2017
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, 2017 2016 2015 (in millions) Total Equity compensation expense $ 38 $ 55 $ 53 Total intrinsic value of stock options exercised $ 2 $ 3 $ 24 As of June 30, 2017, total compensation cost not yet recognized for all plans presented related to unvested awards held by the Company’s employees was approximately $52 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 $17 million, $11 million, and $17 million for the fiscal years ended June 30, 2017, 2016 and 2015, 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. Fair value of PSUs are determined 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 June 2016, the Compensation Committee of the Board of Directors determined to grant dividend equivalents on PSUs, beginning with the fiscal 2017-2019 PSU award. In the first quarters of fiscal 2017, 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, 2017, July 1, 2016 and July 1, 2015, 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. For the fiscal years ended June 30, 2017, 2016 and 2015, the Company granted approximately 5.5 million, 4.2 million and 3.4 million PSUs, respectively, at target to the Company’s employees, of which approximately 4.1 million, 3.0 million and 2.3 million, respectively, will be settled in Class A Common Stock, assuming performance conditions are met, 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, 2017, 2016 and 2015, approximately 2.8 million, 1.2 million and 2.0 million PSUs vested, respectively, of which approximately 1.0 million, 0.2 million and 0.5 million PSUs, respectively, were settled in cash for approximately $13.1 million, $3.3 million and $8.2 million before statutory tax withholdings, respectively. Restricted Stock Units RSU awards are grants that entitle the holder to shares of the Company’s Class A Common Stock. The fair value of RSUs issued under the 2013 LTIP is based upon the fair market value of the shares underlying the awards on the grant date. Any person who holds RSUs shall have no ownership interest in the shares to which such RSUs relate unless and until the shares are delivered to the holder. During fiscal 2017, 2016 and 2015, certain employees of the Company each received a grant of time-vested RSUs. Vesting of the awards is subject to the participants’ continued employment with the Company through the applicable vesting date. During the fiscal years ended June 30, 2017, 2016 and 2015, 0.4 million, 0.3 million and 0.5 million RSUs were granted to the Company’s employees, respectively, which primarily vest over two to four years. The following table summarizes the activity from continuing and discontinued operations related to the target PSUs and RSUs granted to the Company’s employees which will be settled in shares of the Company (PSUs and RSUs in thousands): Fiscal 2017 Fiscal 2016 Fiscal 2015 Number Weighted Number Weighted Number Weighted (in US$) (in US$) (in US$) PSUs and RSUs Unvested units at beginning of the year 7,773 $ 17.34 8,355 $ 16.77 7,222 $ 13.00 Granted (a) 4,502 14.69 3,472 15.51 2,975 17.29 RSUs assumed in acquisition (b) — — — — 2,491 15.20 Vested (c) (2,387 ) 18.38 (1,913 ) 13.56 (3,131 ) 10.19 Cancelled (d) (1,236 ) 17.08 (2,141 ) 15.76 (1,202 ) 11.36 Unvested units at the end of the year (e) 8,652 $ 15.57 7,773 $ 17.34 8,355 $ 16.77 (a) For fiscal 2017, includes 4.1 million target PSUs and 0.4 million RSUs granted. 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, 2017, 2016 and 2015 was $44 million, $26 million and $32 million, respectively. (d) For fiscal 2017, includes 0.7 million of target PSUs and 0.1 million RSUs cancelled and a payout adjustment of 0.4 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2014 that vested during fiscal 2017. 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 $119 million as of June 30, 2017. Stock Options The following table summarizes information about stock option transactions for the employee stock option plans (options in thousands): Fiscal 2017 Fiscal 2016 Fiscal 2015 Options Weighted Options Weighted Options Weighted (in US$) (in US$) (in US$) Outstanding at the beginning of the year 1,238 $ 9.03 2,008 $ 8.82 263 $ 6.25 Options assumed in acquisition (a) — — — — 4,336 7.46 Exercised (354 ) 7.78 (508 ) 7.34 (2,521 ) 6.22 Cancelled (218 ) 15.00 (262 ) 10.75 (70 ) 8.37 Outstanding at the end of the year (b) 666 $ 7.74 1,238 $ 9.03 2,008 $ 8.82 Exercisable at the end of the year (c) 585 945 1,117 (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, 2017, 2016 and 2015 was $4.0 million, $3.0 million and $12.8 million, respectively. The weighted average remaining contractual life of options outstanding as of June 30, 2017 was 5.26 years. (c) The weighted average remaining contractual life of options exercisable as of June 30, 2017 was 5.05 years.

(Loss) Earnings Per Share

(Loss) Earnings Per Share	12 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
(Loss) Earnings Per Share	NOTE 13. (LOSS) EARNINGS PER SHARE The following tables set forth the computation of basic and diluted (loss) earnings per share under ASC 260, “Earnings per Share”: For the fiscal years ended June 30, 2017 2016 2015 (in millions, except per share amounts) (Loss) income from continuing operations $ (643 ) $ 235 $ 367 Less: Net income attributable to noncontrolling interests (95 ) (71 ) (69 ) Less: Redeemable preferred stock dividends (a) (2 ) (2 ) (2 ) (Loss) income from continuing operations available to News Corporation stockholders (740 ) 162 296 Income (loss) from discontinued operations, net of tax, available to News Corporation stockholders — 15 (445 ) Net (loss) income available to News Corporation stockholders $ (740 ) $ 177 $ (149 ) Weighted-average number of shares of common stock outstanding—basic 581.4 580.6 581.0 Dilutive effect of equity awards (b) — 1.9 1.6 Weighted-average number of shares of common stock outstanding—diluted 581.4 582.5 582.6 (Loss) income from continuing operations available to News Corporation stockholders per share—basic and diluted $ (1.27 ) $ 0.28 $ 0.51 Income (loss) from discontinued operations available to News Corporation stockholders per share—basic and diluted $ — $ 0.02 $ (0.77 ) Net (loss) income available to News Corporation stockholders per share—basic and diluted $ (1.27 ) $ 0.30 $ (0.26 ) (a) Refer to Note 10 — (b) The dilutive impact of the Company’s PSUs, RSUs and stock options has been excluded from the calculation of diluted (loss) earnings per share for the fiscal year ended June 30, 2017 because their inclusion would have an antidilutive effect on the net loss per share.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2017
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, 2017 2016 2015 (in millions) Related party revenue, net of expense $ 307 $ 319 $ 281 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, 2017 2016 (in millions) Accounts receivable from related parties $ 92 $ 86 Notes receivable from related parties 370 338 Accounts payable to related parties 13 31

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 30, 2017
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, 2017: As of June 30, 2017 Payments Due by Period Total Less than 1 year 1-3 years 3-5 years More than 5 years (in millions) Purchase obligations (a) $ 1,105 $ 422 $ 350 $ 195 $ 138 Sports programming rights (b) 1,287 223 502 427 135 Operating leases (c) Land and buildings 1,641 157 285 222 977 Plant and machinery 5 3 2 — — Borrowings (d) 380 103 277 — — Total commitments and contractual obligations $ 4,418 $ 908 $ 1,416 $ 844 $ 1,250 (a) The Company has commitments under purchase obligations related to printing contracts, capital projects, marketing agreements, production services and other legally binding commitments. (b) The Company has sports programming rights commitments with National Rugby League, Football Federation Australia, Australian Rugby Union and International Cricket as well as certain other broadcast rights which are payable through fiscal 2023. (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 $210 million of land and office facilities that have been subleased from 21st Century Fox. (d) Primarily represents the REA Facility based on the contractual maturity date of the various sub facilities included within the agreement. (See Note 9—Borrowings). 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. News America Marketing 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 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 NAI and NAM FSI, 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 the order issued by the District Court in Valassis I. The Notice re-asserted claims of unlawful bundling and tying which the magistrate judge had previously recommended be dismissed from Valassis II, described below, 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”), and sought treble damages, injunctive relief and attorneys’ fees on those claims. On March 30, 2016, the District Court ordered that the Notice be referred to the Antitrust Expert Panel and 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, and on March 30, 2016, 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 and 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. The Antitrust Expert Panel was convened and, on February 8, 2017, it recommended that the Notice of Violation in Valassis I be dismissed and the NAM Group’s counterclaims in Valassis II be dismissed with leave to replead three of the four counterclaims. The NAM Group filed an amended counterclaim on February 27, 2017. Valassis did not object to the Antitrust Expert Panel’s recommendation to dismiss Valassis I, and the parties are awaiting the District Court’s order of dismissal. However, Valassis filed a motion with the District Court asserting that the referral of Valassis II to the Antitrust Expert Panel is no longer valid and seeking either to re-open Valassis II in the District Court or to transfer the case to the United States District Court for the Southern District of New York. The NAM Group opposed the motion, and the District Court heard arguments on April 13, 2017. 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. In-Store Marketing and FSI Purchasers On February 29, 2016, the parties agreed to settle the litigation 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. alleged various claims under federal and state antitrust law against News Corporation, NAI, NAM FSI and NAM In-Store Services (collectively the “NAM Group”). Pursuant to the terms of the settlement, the NAM Group paid the plaintiffs and their attorneys approximately $250 million during the fiscal year ended June 30, 2017, and the litigation was dismissed with prejudice. The NAM Group also settled related claims for approximately $30 million in February 2016. U.K. Newspaper Matters 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 net expense related to the U.K. Newspaper Matters in Selling, general and administrative expenses was $10 million, $19 million and $50 million for the fiscal years ended June 30, 2017, June 30, 2016 and June 30, 2015, respectively. As of June 30, 2017, 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 $132 million, of which approximately $82 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, 2017. 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. Zillow Settlement On June 6, 2016, the parties agreed to settle the litigation in the Superior Court of the State of Washington in which Move, the National Association of Realtors ® Other 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 the Company’s tax returns, and therefore the outcome of tax reviews and examinations can be unpredictable. 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, these liabilities may need to be adjusted as new information becomes known and as tax examinations continue to progress. 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 Internal Revenue Service (“IRS”) or other taxing authorities in amounts that the Company cannot quantify.

Retirement Benefit Obligations

Retirement Benefit Obligations	12 Months Ended
	Jun. 30, 2017
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 other foreign plans 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, 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 2017, 2016 and 2015. 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 benefit plans resulted in a net pension and postretirement benefits liability of $312 million and $356 million at June 30, 2017 and 2016, respectively. The Company recognized these amounts in the Balance Sheets at June 30, 2017 and June 30, 2016 as follows: Pension Benefits Postretirement Domestic Foreign Total As of June 30, 2017 2016 2017 2016 2017 2016 2017 2016 (in millions) Other non-current assets $ — $ — $ 17 $ 4 $ — $ — $ 17 $ 4 Other current liabilities — — (1 ) (1 ) (9 ) (9 ) (10 ) (10 ) Retirement benefit obligations (91 ) (109 ) (120 ) (124 ) (108 ) (117 ) (319 ) (350 ) Net amount recognized $ (91 ) $ (109 ) $ (104 ) $ (121 ) $ (117 ) $ (126 ) $ (312 ) $ (356 ) 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 Postretirement Domestic Foreign Total As of June 30, 2017 2016 2017 2016 2017 2016 2017 2016 (in millions) Projected benefit obligation, beginning of the year $ 396 $ 382 $ 1,201 $ 1,272 $ 126 $ 133 $ 1,723 $ 1,787 Service cost — — 9 10 — — 9 10 Interest cost 12 17 29 44 3 5 44 66 Benefits paid (23 ) (18 ) (39 ) (55 ) (8 ) (8 ) (70 ) (81 ) Settlements (a) (13 ) (11 ) (23 ) (33 ) — — (36 ) (44 ) Actuarial loss/(gain) (b) (4 ) 28 54 153 (3 ) (2 ) 47 179 Foreign exchange rate changes — — (15 ) (188 ) — (2 ) (15 ) (190 ) Plan curtailments — (2 ) — (2 ) — — — (4 ) Amendments, transfers and other — — — — (1 ) — (1 ) — Projected benefit obligation, end of the year 368 396 1,216 1,201 117 126 1,701 1,723 Change in the fair value of plan assets for the Company’s benefit plans: Fair value of plan assets, beginning of the year 287 302 1,080 1,204 — — 1,367 1,506 Actual return on plan assets 23 14 83 107 — — 106 121 Employer contributions 3 — 23 26 — — 26 26 Benefits paid (23 ) (18 ) (39 ) (55 ) — — (62 ) (73 ) Settlements (a) (13 ) (11 ) (23 ) (33 ) — — (36 ) (44 ) Foreign exchange rate changes — — (12 ) (169 ) — — (12 ) (169 ) Amendments, transfers and other — — — — — — — — Fair value of plan assets, end of the year 277 287 1,112 1,080 — — 1,389 1,367 Funded status $ (91 ) $ (109 ) $ (104 ) $ (121 ) $ (117 ) $ (126 ) $ (312 ) $ (356 ) (a) Amounts related to payments made to former employees of the Company in full settlement of their deferred pension benefits. (b) Fiscal 2017 actuarial losses for the Company’s foreign pension plans are primarily related to the decrease in discount rates used in measuring plan obligations as of June 30, 2017. Fiscal 2017 actuarial gains related to domestic pension plans primarily relate to the increase in discount rates for the U.S. plans used in measuring plan obligations as of June 30, 2017. 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. Amounts recognized in Accumulated other comprehensive loss consist of: Pension Benefits Postretirement Domestic Foreign Total As of June 30, 2017 2016 2017 2016 2017 2016 2017 2016 (in millions) Actuarial losses (gains) $ 142 $ 158 $ 453 $ 452 $ (1 ) $ 2 $ 594 $ 612 Prior service (benefit) cost — — — — (31 ) (34 ) (31 ) (34 ) Net amounts recognized $ 142 $ 158 $ 453 $ 452 $ (32 ) $ (32 ) $ 563 $ 578 Amounts in Accumulated other comprehensive loss expected to be recognized as a component of net periodic benefit cost in fiscal 2018 consist of: Pension Benefits Postretirement Domestic Foreign Total As of June 30, 2017 (in millions) Actuarial losses (gains) $ 5 $ 17 $ — $ 22 Prior service (benefit) cost — — (3 ) (3 ) Net amounts recognized $ 5 $ 17 $ (3 ) $ 19 Accumulated pension benefit obligations as of June 30, 2017 and 2016 were $1,567 million and $1,588 million, respectively. Below is information about funded and unfunded pension plans. Domestic Pension Benefits Funded Plans Unfunded Total As of June 30, 2017 2016 2017 2016 2017 2016 (in millions) Projected benefit obligation $ 354 $ 383 $ 14 $ 13 $ 368 $ 396 Accumulated benefit obligation 354 383 14 13 368 396 Fair value of plan assets 277 287 — — 277 287 Foreign Pension Benefits Funded Plans Unfunded Total As of June 30, 2017 2016 2017 2016 2017 2016 (in millions) Projected benefit obligation $ 1,144 $ 1,131 $ 72 $ 70 $ 1,216 $ 1,201 Accumulated benefit obligation 1,126 1,122 72 70 1,198 1,192 Fair value of plan assets 1,112 1,080 — — 1,112 1,080 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 Total As of June 30, 2017 2016 2017 2016 2017 2016 (in millions) Projected benefit obligation $ 550 $ 821 $ 72 $ 70 $ 622 $ 891 Accumulated benefit obligation 550 821 72 70 622 891 Fair value of plan assets 509 773 — — 509 773 Summary of Net Periodic Benefit Costs The Company recorded $1 million, $8 million, and ($4) million in net periodic benefit costs (income) in the Statements of Operations for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. In fiscal 2017, the Company changed 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 utilized 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), deferred losses and settlements, curtailments and other were reclassified out of Other comprehensive income as a component of net periodic benefit costs. The components of net periodic benefits costs (income) were as follows: Pension Benefits Domestic Foreign Postretirement Total For the fiscal years ended June 30, 2017 2016 2015 2017 2016 2015 2017 2016 2015 2017 2016 2015 (in millions) Service cost benefits earned during the period $ — $ — $ 1 $ 9 $ 10 $ 11 $ — $ — $ — $ 9 $ 10 $ 12 Interest costs on projected benefit obligations 12 17 17 29 44 49 3 5 6 44 66 72 Expected return on plan assets (18 ) (19 ) (22 ) (57 ) (62 ) (71 ) — — — (75 ) (81 ) (93 ) Amortization of deferred losses 5 4 3 16 14 13 — — — 21 18 16 Amortization of prior service costs — — — — — — (4 ) (7 ) (13 ) (4 ) (7 ) (13 ) Settlements, curtailments and other 3 — 2 3 2 — — — — 6 2 2 Net periodic benefits costs (income) - Total $ 2 $ 2 $ 1 $ — $ 8 $ 2 $ (1 ) $ (2 ) $ (7 ) $ 1 $ 8 $ (4 ) Pension Benefits Domestic Foreign Postretirement Benefits For the fiscal years ended June 30, 2017 2016 2015 2017 2016 2015 2017 2016 2015 Additional information: Weighted-average assumptions used to determine benefit obligations Discount rate 3.8 % 3.7 % 4.5 % 2.7 % 2.9 % 3.7 % 3.5 % 3.4 % 4.2 % Rate of increase in future compensation N/A N/A 3.0 % 2.8 % 2.7 % 2.9 % N/A N/A N/A Weighted-average assumptions used to determine net periodic benefit cost Discount rate for PBO 3.8 % 4.5 % 4.5 % 2.9 % 3.7 % 4.2 % 3.4 % 4.2 % 4.0 % Discount rate for Service Cost 4.1 % 4.5 % 4.5 % 3.1 % 3.7 % 4.2 % 3.7 % 4.2 % 4.0 % Discount rate for Interest on PBO 3.0 % 4.5 % 4.5 % 2.5 % 3.7 % 4.2 % 2.6 % 4.2 % 4.0 % Discount rate for Interest on Service Cost 3.8 % 4.5 % 4.5 % 2.9 % 3.7 % 4.2 % 3.2 % 4.2 % 4.0 % Expected return on plan assets 6.5 % 6.5 % 7.0 % 5.5 % 5.5 % 6.2 % N/A N/A N/A Rate of increase in future compensation N/A 3.0 % 3.0 % 2.7 % 2.9 % 3.6 % 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 2017 Fiscal 2016 Health care cost trend rate 6.8 % 6.7 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.6 % 4.5 % Year that the rate reaches the ultimate trend rate 2027 2028 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 2017: Service and Benefit (in millions) One percentage point increase $ — $ 3 One percentage point decrease $ — $ (2 ) 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 Domestic Foreign Total (in millions) Fiscal year: 2018 $ 24 $ 51 $ 9 $ 84 2019 21 48 9 78 2020 21 51 9 81 2021 21 52 9 82 2022 21 55 9 85 2023-2027 105 280 38 423 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, 2017 and 2016: As of June 30, 2017 As of June 30, 2016 Fair Value Measurements at Fair Value Measurements at Total 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 1 — 1 — — — — — — — Domestic equity funds 78 — — — 78 81 — — — 81 International equity funds 196 — — — 196 244 — — — 244 Domestic fixed income funds 151 — — — 151 160 — — — 160 International fixed income funds 642 — — — 642 618 — — — 618 Balanced funds 255 — 182 — 73 251 — 188 — 63 Other 66 55 — 11 — 13 2 — 11 — Total $ 1,389 $ 55 $ 183 $ 11 $ 1,140 $ 1,367 $ 2 $ 188 $ 11 $ 1,166 (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, 2017 and 2016: Level 3 (in millions) 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 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 — Transfers in and out of Level 3 — Balance, June 30, 2017 $ 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 22% equity securities, 62% fixed income securities and 16% 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 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, 2017 2016 Asset Category: Equity securities 22 % 26 % Debt securities 62 % 62 % Cash and other 16 % 12 % Total 100 % 100 % Required pension plan contributions for the next fiscal year are expected to be approximately $24 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, 2017
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 for two of the plans for which the Company was listed as providing more than 5% of total contributions reported green zone status for the most recent available plan year. The funded status for one of the plans for which the Company was listed as providing more than 5% of total contributions reported red zone status for the most recent available plan year. Total contributions made by the Company to multiemployer pension plans for each of the fiscal years ended June 30, 2017, 2016 and 2015 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 $137 million, $132 million and $138 million for the fiscal years ended June 30, 2017, 2016 and 2015, 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 obligations of the plans included in Other liabilities as of June 30, 2017 and 2016 were $40 million and $36 million, respectively, and the majority of these plans are closed to new employees.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 18. INCOME TAXES (Loss) income from continuing operations before income tax expense (benefit) was attributable to the following jurisdictions: For the fiscal years ended 2017 2016 2015 (in millions) U.S. $ 84 $ (125 ) $ 148 Foreign (699 ) 306 404 (Loss) income from continuing operations before income tax expense (benefit) $ (615 ) $ 181 $ 552 The significant components of the Company’s income tax expense (benefit) were as follows: For the fiscal years ended 2017 2016 2015 (in millions) Current: U.S. Federal $ 1 $ 15 $ 35 State & local 4 5 11 Foreign 118 102 135 Total current tax 123 122 181 Deferred: U.S. Federal 57 (71 ) 16 State & local (1 ) (106 ) 1 Foreign (151 ) 1 (13 ) Total deferred tax (95 ) (176 ) 4 Total income tax expense (benefit) (a) $ 28 $ (54 ) $ 185 a) The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal year 2016. In addition, a tax benefit of $30 million related to the operations of the Digital Education segment for the period was recorded to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal 2016. The tax expense (benefit) 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 federal current tax benefits attributed to discontinued 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 2017 2016 2015 U.S. federal income tax rate 35 % 35 % 35 % State and local taxes, net — (8 ) 1 Effect of foreign operations (a) (17 ) (1 ) (2 ) Change in valuation allowance (b) (7 ) (62 ) — Income tax audit settlements (c) (10 ) — — Non-deductible goodwill and asset impairment (d) (7 ) — — Non-deductible compensation and benefits (1 ) 3 1 R&D credits 1 (2 ) (1 ) Other, net 1 5 — Effective tax rate (e) (5 )% (30 )% 34 % (a) The Company’s effective tax rate is impacted by the geographic mix of its pre-tax income. 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. As indicated in the pre-tax income table above, for the fiscal year ended June 30, 2017, the Company recorded a pre-tax loss on a consolidated basis comprised of pre-tax income in the U.S. and pre-tax losses in foreign jurisdictions which includes impairments and write-downs of approximately $1 billion. The losses in our foreign operations had the effect of reducing the tax benefit of consolidated pre-tax losses measured at the U.S. statutory rate by $98 million resulting in a lower effective tax rate. For the fiscal years ended June 30, 2016 and June 30, 2015, the Company recorded pre-tax book income on a consolidated basis with pre-tax income in foreign jurisdictions. Accordingly, the effect of foreign operations at lower tax rates decreased the Company’s effective tax rate. (b) For the fiscal year ended June 30, 2017, valuation allowance increased by $40 million related to foreign net operating losses, which more likely than not will not be utilized. For the fiscal year ended June 30, 2016, 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. (c) In the fiscal year ended June 30, 2017, the Company reached an agreement with a foreign tax authority to settle certain tax issues related to fiscal years 2010 through 2015. As a result of the settlement, the Company recorded net income tax expense of $63 million. See Uncertain Tax Positions below. (d) The Company recorded non-cash charges of $48 million related to the impairment of Goodwill, which was non-deductible, and a write-down of $360 million on U.K. fixed assets, a portion of which were non-deductible, which reduced the Company’s tax benefit by $12 million and $29 million, respectively. These impairments and write-downs have an impact on our effective tax rate to the extent a tax benefit is not recorded. (e) For the fiscal year ended June 30, 2017, the effective tax rate of (5)% represents income tax expense when compared to consolidated pre-tax book loss. 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. 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, 2017 and 2016, respectively, as follows: As of June 30, 2017 2016 (in millions) Deferred income tax assets $ 525 $ 602 Deferred income tax liabilities (61 ) (171 ) Net deferred tax assets $ 464 $ 431 The significant components of the Company’s deferred tax assets and liabilities were as follows: As of June 30, 2017 2016 (in millions) Deferred tax assets: Accrued liabilities $ 80 $ 185 Capital loss carryforwards 904 803 Retirement benefit obligations 101 112 Net operating loss carryforwards 473 580 Business credits 69 38 Other 284 213 Total deferred tax assets 1,911 1,931 Deferred tax liabilities: Asset basis difference and amortization (204 ) (421 ) Other (56 ) (65 ) Total deferred tax liabilities (260 ) (486 ) Net deferred tax asset before valuation allowance 1,651 1,445 Less: valuation allowance (See Note 21—Valuation and Qualifying Accounts) (1,187 ) (1,014 ) Net deferred tax assets $ 464 $ 431 As of June 30, 2017, 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 2037 $ 783 U.S. States Various 530 Australia Indefinite 239 U.K. Indefinite 10 Other Foreign Various 388 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 tax filing methodologies and 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 Internal Revenue Code of 1986, as amended (the “Code”). Section 382 of the Code limits the amount of NOL that we can use on an annual basis to offset consolidated U.S. 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 $473 million and $580 million (net of approximately $46 million and $53 million, respectively, of unrecognized tax benefits) associated with its NOLs as of June 30, 2017 and 2016, 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 $149 million and $97 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, 2017 and 2016, respectively. In the fiscal year ended June 30, 2017, the increase in valuation allowance includes $40 million related to certain accumulated net operating losses that were agreed to as part of a settlement with a foreign tax authority. As of June 30, 2017, the Company had approximately $2.0 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 $904 million and $803 million as of June 30, 2017 and 2016, 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 $904 million and $803 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, 2017 and 2016, respectively. As of June 30, 2017, the Company had approximately $36 million of U.S. Federal tax credit carryforwards which includes $23 million of foreign tax credits and $13 million of research and development credits which begin to expire in 2025 and 2036, respectively. As of June 30, 2017, the Company had approximately $26 million of non-U.S. tax credit carryforwards which expire in various amounts beginning in 2025 and $7 million of state tax credit carryforwards (net of U.S. federal benefit), which expire in various amounts beginning in 2018. In accordance with the Company’s accounting policy, a valuation allowance of $7 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, 2017. 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 2017 2016 2015 (in millions) Balance, beginning of period $ 86 $ 129 $ 58 Additions for prior year tax positions 107 6 79 Additions for current year tax positions 5 4 4 Reduction for prior year tax positions (9 ) (40 ) (7 ) Lapse of the statute of limitations (8 ) (2 ) — Settlement—cash (21 ) (2 ) — Settlement—tax attributes (94 ) — — Impact of currency translations (2 ) (9 ) (5 ) Balance, end of period $ 64 $ 86 $ 129 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 interest and penalty charges of $11 million and $6 million for the fiscal years ended June 30, 2017 and June 30, 2015, respectively, and a benefit related to interest and penalties of $1 million for the fiscal year ended June 30, 2016. The Company recorded liabilities for accrued interest and penalties of approximately $3 million, $6 million and $8 million as of June 30, 2017, 2016, and 2015, respectively. In fiscal year ended June 30, 2017, the Company reached an agreement with a foreign tax authority to settle certain tax issues related to fiscal years 2010 through 2015. As a result of the settlement, the Company recorded net income tax expense, including interest and penalties of $63 million comprised of a current tax expense of $20 million and a deferred tax expense of $43 million. 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. 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 2009-2016 U.S. States Various Australia 2012-2016 U.K. 2011-2016 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, 2017, approximately $34 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 $19 million, a portion of which will affect our effective income tax rate, primarily as a result of the settlement of tax examinations and the lapsing of statutes of limitations. Other 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 $2.4 billion as of June 30, 2017. 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, 2017, 2016 and 2015, the Company paid gross income taxes of $132 million, $103 million and $134 million, respectively, and received income tax refunds of $9 million, $10 million and $8 million, respectively.

Segment Information

Segment Information	12 Months Ended
	Jun. 30, 2017
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 Hillbilly Elegy • Digital Real Estate Services Move is a leading provider of online real estate services in the U.S. and primarily operates realtor.com ® SM for Buyers and Advantage SM Pro products. Move also offers a number of professional software and services products, including Top Producer ® ® TM . The Company owns an 80% interest in Move, with the remaining 20% being held by REA Group. • Cable Network Programming ANC, acquired in December 2016, operates the SKY NEWS network, Australia’s 24-hour multi-channel, multi-platform news service. ANC channels are broadcast throughout Australia and New Zealand and available on Foxtel and Sky Television. ANC also owns and operates the international Australia Channel IPTV service and offers content across a variety of digital media platforms, including mobile, podcasts and social media websites. • 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 (losses) earnings of affiliates, interest, net, other, net, income tax (expense) benefit 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). For the fiscal years ended 2017 2016 2015 (in millions) Revenues: News and Information Services $ 5,069 $ 5,338 $ 5,731 Book Publishing 1,636 1,646 1,667 Digital Real Estate Services 938 822 625 Cable Network Programming 494 484 500 Other 2 2 1 Total Revenues 8,139 8,292 8,524 Segment EBITDA: News and Information Services $ 414 $ 214 $ 603 Book Publishing 199 185 221 Digital Real Estate Services 324 344 201 Cable Network Programming 123 124 135 Other (175 ) (183 ) (215 ) Depreciation and amortization (449 ) (505 ) (498 ) Impairment and restructuring charges (927 ) (89 ) (84 ) Equity (losses) earnings of affiliates (295 ) 30 58 Interest, net 39 43 56 Other, net 132 18 75 (Loss) income from continuing operations before income tax (expense) benefit (615 ) 181 552 Income tax (expense) benefit (28 ) 54 (185 ) (Loss) income from continuing operations $ (643 ) $ 235 $ 367 For the fiscal years 2017 2016 2015 (in millions) Depreciation and amortization: News and Information Services $ 283 $ 347 $ 365 Book Publishing 52 55 52 Digital Real Estate Services 78 69 44 Cable Network Programming 32 29 33 Other 4 5 4 Total Depreciation and amortization $ 449 $ 505 $ 498 For the fiscal years 2017 2016 2015 (in millions) Capital expenditures: News and Information Services $ 165 $ 174 $ 238 Book Publishing 11 9 12 Digital Real Estate Services 66 64 45 Cable Network Programming 14 8 7 Other — 1 6 Total Capital expenditures $ 256 $ 256 $ 308 As of June 30, 2017 2016 (in millions) Total assets: News and Information Services $ 6,142 $ 6,728 Book Publishing 1,845 1,855 Digital Real Estate Services 2,307 2,158 Cable Network Programming 1,194 1,101 Other (a) 1,037 1,371 Investments 2,027 2,270 Total assets $ 14,552 $ 15,483 (a) The Other segment primarily includes Cash and cash equivalents. As of June 30, 2017 2016 (in millions) Goodwill and intangible assets, net: News and Information Services $ 2,952 $ 2,651 Book Publishing 835 869 Digital Real Estate Services 1,420 1,499 Cable Network Programming 912 898 Other — 4 Total Goodwill and intangible assets, net $ 6,119 $ 5,921 Geographic Segments For the fiscal years ended 2017 2016 2015 (in millions) Revenues: (a) U.S. and Canada (b) $ 3,880 $ 3,920 $ 3,808 Europe (c) 1,671 1,873 1,982 Australasia and Other (d) 2,588 2,499 2,734 Total Revenues $ 8,139 $ 8,292 $ 8,524 (a) Revenues are attributed to region based on location of customer. (b) Revenues include approximately $3.7 billion for fiscal 2017, $3.8 billion for fiscal 2016 and $3.6 billion for fiscal 2015 from customers in the U.S. (c) Revenues include approximately $1.3 billion for fiscal 2017, $1.5 billion for fiscal 2016 and $1.6 billion for fiscal 2015 from customers in the U.K. (d) Revenues include approximately $2.3 billion for fiscal 2017, $2.3 billion for fiscal 2016 and $2.3 billion for fiscal 2015 from customers in Australia. As of June 30, 2017 2016 (in millions) Long-lived assets: (a) U.S. and Canada $ 960 $ 1,058 Europe 560 939 Australasia and Other 546 804 Total long-lived assets $ 2,066 $ 2,801 (a) Reflects total assets less current assets, goodwill, intangible assets, investments and deferred income 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, 2017
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, 2017 2016 (in millions) Inventory (a) $ 208 $ 218 Amounts due from 21st Century Fox 82 55 Prepayments and other current assets 233 240 Total Other current assets $ 523 $ 513 (a) Inventory as of June 30, 2017 and 2016 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, 2017 2016 (in millions) Royalty advances to authors $ 298 $ 311 Other 144 85 Total Other non-current assets $ 442 $ 396 Other Current Liabilities The following table sets forth the components of Other current liabilities: As of June 30, 2017 2016 (in millions) Current tax payable $ 39 $ 33 Royalties and commissions payable 152 179 Current portion of long-term debt 103 3 Other 306 251 Total Other current liabilities $ 600 $ 466 Other, net The following table sets forth the components of Other, net included in the Statements of Operations: For the fiscal years 2017 2016 2015 (in millions) Gain on sale of REA Group’s European business (a) $ 107 $ — $ — Gain on iProperty transaction (b) — 29 — Impairment of marketable securities and cost method investments (c) (21 ) (21 ) (5 ) Gain on sale of other businesses 19 2 — Gain on sale of equity method investments 11 1 7 Gain on sale of marketable securities (d) 7 1 29 Dividends received from cost method investments 3 — 25 Gain on sale of cost method investments — — 15 Other 6 6 4 Total Other, net $ 132 $ 18 $ 75 (a) The Company recognized a pre-tax gain of $107 million for the fiscal year ended June 30, 2017 related to REA Group’s sale of its European business. See Note 3—Acquisitions, Disposals and Other Transactions. (b) See Note 3—Acquisitions, Disposals and Other Transactions. (c) See Note 6—Investments. (d) 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 loss and included in Other, net in the Statement of Operations. Accumulated Other Comprehensive Loss The components of Accumulated other comprehensive loss were as follows: For the fiscal years ended 2017 2016 2015 (in millions) Accumulated other comprehensive loss, net of tax: Unrealized holding gains (losses) on securities: Balance, beginning of year $ 20 $ 19 $ 24 Fiscal year activity (a) (25 ) 1 (5 ) Balance, end of year (5 ) 20 19 Benefit Plan Adjustments: Balance, beginning of year (445 ) (413 ) (384 ) Fiscal year activity (b) 8 (32 ) (29 ) Balance, end of year (437 ) (445 ) (413 ) Foreign currency translation adjustments: Balance, beginning of year (585 ) (188 ) 971 Fiscal year activity (c) 75 (397 ) (1,159 ) Balance, end of year (510 ) (585 ) (188 ) Share of other comprehensive income from equity affiliates, net: Balance, beginning of year (16 ) — (1 ) Fiscal year activity (d) 4 (16 ) 1 Balance, end of year (12 ) (16 ) — Total accumulated other comprehensive loss, net of tax: Balance, beginning of year (1,026 ) (582 ) 610 Fiscal year activity, net of income taxes 62 (444 ) (1,192 ) Balance, end of year $ (964 ) $ (1,026 ) $ (582 ) (a) Net of income tax (benefit) expense of ($10) million, nil and nil for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. (b) Net of income tax expense (benefit) of $8 million, ($14) million and ($11) million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. (c) Excludes $9 million, ($1) million and ($24) million relating to noncontrolling interests for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. (d) Net of income tax expense (benefit) of $2 million, ($7) million and $1 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Jun. 30, 2017
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 2017 Allowances for returns and doubtful accounts $ (213 ) $ (603 ) $ (2 ) $ 611 $ (1 ) $ (208 ) Deferred tax valuation allowance (1,014 ) (92 ) (92 ) 23 (12 ) (1,187 ) 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 )

Quarterly Data

Quarterly Data	12 Months Ended
	Jun. 30, 2017
Quarterly Financial Information Disclosure [Abstract]
Quarterly Data	NOTE 22. QUARTERLY DATA (UNAUDITED) For convenience purposes, all references to September 30, 2016 and September 30, 2015 refer to the three months ended October 2, 2016 and September 27, 2015, respectively. All references to December 31, 2016 and December 31, 2015 refer to the three months ended January 1, 2017 and December 27, 2015, respectively. All references to March 31, 2017 and March 31, 2016 refer to the three months ended April 2, 2017 and March 27, 2016, respectively. For the three months ended September 30, December 31, March 31, June 30, (in millions, except per share amounts) Fiscal 2017 Revenues $ 1,965 $ 2,116 $ 1,978 $ 2,080 Loss from continuing operations attributable to News Corporation stockholders (a) (15 ) (289 ) (5 ) (429 ) Income from discontinued operations, net of tax (b) — — — — Net loss attributable to News Corporation stockholders (15 ) (289 ) (5 ) (429 ) Loss from continuing operations available to News Corporation stockholders per share—basic and diluted $ (0.03 ) $ (0.50 ) $ (0.01 ) $ (0.74 ) Income from discontinued operations available to News Corporation stockholders per share—basic and diluted — — — — Loss available to News Corporation stockholders per share—basic and diluted $ (0.03 ) $ (0.50 ) $ (0.01 ) $ (0.74 ) Fiscal 2016 Revenues $ 2,014 $ 2,161 $ 1,891 $ 2,226 Income (loss) from continuing operations attributable to News Corporation stockholders (a) 129 87 (147 ) 95 Income (loss) from discontinued operations, net of tax (b) 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) from discontinued operations 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 (a) Income (loss) from continuing operations includes the impact of the following items: • During the second quarter of fiscal 2017, the Company recognized a non-cash impairment charge of approximately $310 million primarily related to the write-down of fixed assets at the Australian newspapers. (See Note 7—Property, Plant and Equipment). The Company also recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. (See Note 6—Investments). During the second quarter of fiscal 2017, REA Group sold its European business which resulted in a pre-tax gain of $120 million. The gain was partially offset in the third quarter of fiscal 2017 by $13 million related to the impact of foreign currency fluctuations on the receipt of the sales proceeds, which were received in February 2017, and certain other currency translation impacts. (See Note 3—Acquisitions, Disposals and other Transactions). (See Note 7—Property, Plant and Equipment). • During the fourth quarter of fiscal 2017, the Company recognized approximately $464 million in impairment charges, primarily related to the write-down of fixed assets at the U.K. newspapers. (See Note 7—Property, Plant and Equipment). • The $106 million tax benefit recognized during the first quarter of fiscal 2016 related to the release of previously established valuation allowances related to certain U.S. federal net operating losses and state deferred tax assets. (See Note 18—Income Taxes). • In the third quarter of fiscal 2016, the Company recognized one-time costs of approximately $280 million in connection with the settlement of certain litigation and related claims at News America Marketing. (See Note 15—Commitments and Contingencies). • In the fourth quarter of fiscal 2016, the Company recognized a gain of $122 million in connection with the settlement of litigation with Zillow, which reflects settlement proceeds received from Zillow of $130 million, less $8 million paid to NAR. (See Note 15—Commitments and Contingencies). (b) Income (loss) from discontinued operations includes the impact of the following items: • 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. 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. (See Note 4—Discontinued Operations and Note 18—Income Taxes).

Subsequent Events

Subsequent Events	12 Months Ended
	Jun. 30, 2017
Subsequent Events [Abstract]
Subsequent Events	NOTE 23. SUBSEQUENT EVENTS In July 2017, REA Group acquired an 80.3% interest in Smartline Home Loans Pty Limited (“Smartline”) for A$69 million in cash (approximately $55 million). The minority shareholders have the option to sell the remaining 19.7% interest to REA Group beginning three years after closing at a price dependent on the financial performance of Smartline. If the option is not exercised, the minority interest will become mandatorily redeemable four years after closing. As a result, REA Group will recognize a liability in the first quarter of fiscal 2018 for the present value of the amount expected to be paid for the remaining interest based on the formula specified in the acquisition agreement. Smartline is one of Australia’s premier mortgage broking franchise groups, and the investment provides REA Group’s financial services business with greater scale and capability. The Company is currently in the process of evaluating the purchase accounting implications, and as a result, disclosures required under ASC 805-10-50-2(h) cannot be made at this time. In August 2017, 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 18, 2017 to stockholders of record as of September 13, 2017.

Description of Business and B32

Description of Business and Basis of Presentation (Policies)	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Basis of Presentation	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, 2017, 2016 and 2015 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 maintains a 52-53 week fiscal year ending on the Sunday closest to June 30 in each year. Fiscal 2017, fiscal 2016 and fiscal 2015 included 52, 53 and 52 weeks, respectively. All references to the fiscal years ended June 30, 2017, 2016, and 2015 relate to the fiscal years ended July 2, 2017, July 3, 2016, and June 28, 2015, respectively. For convenience purposes, the Company continues to date its consolidated financial statements as of June 30.
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 fiscal 2017 presentation. Specifically, the Company reclassified its listing revenues generated primarily from agents, brokers and developers from advertising revenue to real estate revenue for all periods presented to better reflect the Company’s revenue mix and how management reviews the performance of the Digital Real Estate Services segment. Additionally, in the third quarter of fiscal 2017, the Company revised the Statements of Cash Flows to present cash flow activities from discontinued operations within each of the operating, investing and financing activities categories.
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, 2017 and 2016 also includes $276 million and $95 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 its general operations. The restricted cash balance of $315 million as of June 30, 2016 related to cash set aside for the Wireless Group acquisition in order to comply with U.K. takeover regulations. (See Note 3 – Acquisitions, Disposals and Other Transactions). The Company utilized the restricted cash which was specifically set aside at June 30, 2016 for purposes of funding the acquisition and therefore the Company had no restricted cash as of June 30, 2017.
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, 2017 2016 (in millions) Receivables $ 1,484 $ 1,442 Allowances for sales returns (166 ) (170 ) Allowances for doubtful accounts (42 ) (43 ) Receivables, net $ 1,276 $ 1,229 The Company’s receivables did not represent significant concentrations of credit risk as of June 30, 2017 or June 30, 2016 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 the estimated useful life of the title, 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 with an estimated useful life exceeding one year. The Company regularly reviews the recoverability of the capitalized costs based on expected future revenues. Prepublications costs are included in Other non-current assets on the Balance Sheets and were $31 million and $33 million as of June 30, 2017 and 2016, respectively. Amortization of prepublication costs for the fiscal years ended June 30, 2017, 2016 and 2015 was $45 million, $43 million, and $43 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 and whether the Company is the primary beneficiary. 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 investments 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, indefinite-lived intangibles or other assets and liabilities 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 (losses) 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, 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 changed, 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 beginning on 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 also 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 royalty advances for unpublished titles 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 goodwill and intangible assets, including newspaper mastheads, distribution networks, publishing imprints, radio broadcast licenses, trademarks and tradenames, channel distribution agreements, publishing rights and customer relationships. 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. 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 its goodwill impairment review, the Company has identified Dow Jones, the Australian newspapers, the U.K. newspapers, News America Marketing, Unruly Holdings Limited (“Unruly”), Storyful Limited (“Storyful”), Wireless Group plc (“Wireless Group), FOX SPORTS Australia, Australia News Channel Pty Ltd (“ANC”), HarperCollins, REA Group, Move, Inc. (“Move”) and DIAKRIT International Limited (“DIAKRIT”), as its reporting units. During the third quarter of fiscal 2017, the Company early adopted ASU 2017-04, “Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”) which eliminates Step 2 from the goodwill impairment test and instead requires an entity to perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and to recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. Under ASU 2017-04, 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 a quantitative analysis to determine the fair value of the business, and compare the calculated fair value of a reporting unit with its carrying amount, including goodwill. If through a quantitative analysis the Company determines the fair value of a reporting unit exceeds its carrying amount, the goodwill of the reporting unit is considered not to be impaired. If the Company concludes that the fair value of the reporting unit is less than its carrying value, an impairment will be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value. The Company also performs impairment reviews on its indefinite-lived intangible assets, including newspaper mastheads, distribution networks, publishing imprints, radio broadcast licenses and trademarks and tradenames. Newspaper mastheads, radio broadcast licenses 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 events or circumstances exist that lead 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 asset 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 an indefinite-lived intangible asset is less than its carrying value. If through a quantitative analysis the Company determines the fair value of an indefinite-lived intangible asset exceeds its carrying amount, the indefinite-lived intangible asset is considered not to be impaired. If the Company concludes that the fair value of an indefinite-lived intangible asset is less than its carrying value, an impairment will be recognized for the amount by which the carrying amount exceeds the indefinite-lived intangible asset’s fair value. The methods used to estimate the fair value measurements of the Company’s reporting units 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. 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. 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 the Company to 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. Treasury Stock The Company accounts for treasury stock using the cost method. Upon the retirement of treasury stock, the Company allocates the value of treasury shares between common stock, additional paid-in capital and retained earnings. All shares repurchased to date have been retired.
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, broadcast 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 Real estate revenues are derived from the sale of online real estate listing products and services to agents, brokers and developers. Revenues are recognized on the fulfillment of customer service obligations, which may include product performance and/or product service periods. Advertising revenues are recognized in the period when advertising is placed on digital platforms, net of commissions and provisions for estimated sales incentives including rebates, rate adjustments and discounts. 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 $48 million, $58 million and $56 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. Expense from barter transactions included in the Statements of Operations was $48 million, $58 million and $56 million for the fiscal years ended June 30, 2017, 2016 and 2015, 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 $587 million, $607 million and $530 million for the fiscal years ended June 30, 2017, 2016 and 2015, 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 loss. 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 and defined contribution 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 of pension assets 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 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, 2017, 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, 2017 and June 30, 2016 was not material.
Recent Accounting Guidance	Recent Accounting Guidance Adopted In August 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-15, “Presentation of Financial Statements—Going Concern (Subtopic 205-40) (“ASU 2014-15”). ASU 2014-15 is intended to define management’s responsibility to evaluate whether there is substantial doubt about an entity’s ability to continue as a going concern and to provide related footnote disclosures. Specifically, ASU 2014-15 provides a definition of the term substantial doubt and requires an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). It also requires certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans and requires an express statement and other disclosures when substantial doubt is not alleviated. The adoption did not have an impact on the 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. As permitted by ASU 2015-02, the Company early-adopted this standard on a prospective basis during the first quarter of fiscal year 2017. The adoption did not have an impact on the Company’s 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. ASU 2015-05 was adopted on a prospective basis for arrangements entered into, or materially modified beginning July 1, 2016. The adoption did not have a material impact on the consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, “Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”). The amendments in ASU 2017-04 eliminate Step 2 from the goodwill impairment test and instead require an entity to perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and to recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value. The loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. As permitted by ASU 2017-04, the Company early-adopted this standard and applied it prospectively to reduce the complexity and costs of evaluating goodwill for impairment during the third quarter of fiscal year 2017. Issued In May 2014, FASB issued 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 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. In August 2015, the FASB issued ASU 2015-14, delaying the effective date for adoption. ASU 2014-09 is now effective for interim and annual reporting periods beginning after July 1, 2018, however, early adoption is permitted. 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. The FASB has also issued several standards which provide additional clarification and implementation guidance on the previously issued ASU 2014-09 and have the same effective date as the original standard. The Company is currently evaluating the overall impact that ASU 2014-09 will have on the Company’s consolidated financial statements, as well as the expected timing and method of adoption. The Company continues to evaluate the available transition methods giving consideration to the comparability of our financial statements and the application of the new standard to our contractual arrangements. We plan to select a transition method by the end of the calendar year 2017. The Company has established an implementation team, including external advisers, and has commenced the review of the Company’s revenue portfolio and related contracts across its various business units and geographies. Discussions regarding changes to the Company’s current accounting policies and practices remain ongoing and preliminary conclusions are subject to change. Based on the current guidance, the new framework will become effective on either a full or modified retrospective basis for the Company on July 1, 2018. 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. As of June 30, 2017, the Company had $97 million in available-for-sale securities with net unrealized losses of $2 million. In accordance with ASU 2016-01, the cumulative net unrealized gains (losses) contained within Accumulated other comprehensive loss will be reclassified through Retained earnings as of July 1, 2018, and changes in the fair value of available-for-sale securities will be recorded in the Company’s Statement of Operations beginning July 1, 2018. 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. The Company’s operating lease commitments are presented in Note 15—Commitments and Contingencies. 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 does not expect the adoption of ASU 2016-09 to have a significant impact on its consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). The amendments in ASU 2016-13 require a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. ASU 2016-13 is effective for the Company for annual and interim reporting periods beginning July 1, 2020. The Company is currently evaluating the impact ASU 2016-13 will have on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the Emerging Issues Task Force)” (“ASU 2016-15”). The amendments in ASU 2016-15 address eight specific cash flow issues with the objective of reducing the existing diversity in practice in how certain cash receipts and cash payments are presented and classified in the statement of cash flows under Topic 230, Statement of Cash Flows, and other Topics. ASU 2016-15 is effective for the Company for annual and interim reporting periods beginning July 1, 2018. The Company does not expect the adoption of ASU 2016-15 to have a significant impact on its consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory” (“ASU 2016-16”). The amendments in ASU 2016-16 require an entity to recognize the income tax consequences of an intra-entity transfer of an asset other than inventory when the transfer occurs. The amendments in ASU 2016-16 eliminate the exception for an intra-entity transfer of an asset other than inventory. ASU 2016-16 is effective for the Company for annual and interim reporting periods beginning July 1, 2018. The Company does not expect the adoption of ASU 2016-16 to have a material impact on its consolidated financial statements. In October 2016, the FASB issued ASU 2016-17, “Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control” (“ASU 2016-17”). The amendments in ASU 2016-17 require that if a reporting entity satisfies the first condition of a primary beneficiary in a VIE, a reporting entity should include all of its direct variable interests in a VIE and, on a proportionate basis, its indirect variable interests in a VIE held through related parties, including related parties that are under common control with the reporting entity, when assessing whether it satisfies the second characteristic of a primary beneficiary If, after performing that assessment, a reporting entity that is the single decision maker of a VIE concludes that it does not have the characteristics of a primary beneficiary, the amendments continue to require that reporting entity to evaluate whether it and one or more of its related parties under common control, as a group, have the characteristics of a primary beneficiary. If the single decision maker and its related parties that are under common control, as a group, have the characteristics of a primary beneficiary, then the party within the related party group that is most closely associated with the VIE is the primary beneficiary. ASU 2016-17 is effective for the Company for annual and interim reporting periods beginning July 1, 2017. The Company is currently evaluating the impact ASU 2016-17 will have on its consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force)” (“ASU 2016-18”). The amendments in ASU 2016-18 require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. ASU 2016-18 is effective for the Company for annual and interim reporting periods beginning July 1, 2018. The Company is currently evaluating the impact ASU 2016-18 will have on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business” (“ASU 2017-01”). The amendments in ASU 2017-01 provide a screen to determine when a set of assets and activities is not a business. Under the screen, when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. ASU 2017-01 is effective for the Company for annual and interim reporting periods beginning July 1, 2018. The Company is currently evaluating the impact ASU 2017-01 will have on its consolidated financial statements. In March 2017, the FASB issued ASU 2017-07, “Compensation—Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost” (“ASU 2017-07”). The amendments in ASU 2017-07 require that an employer report the service cost component in the same line item or items as other compensation costs arising from services rendered by the pertinent employees during the period. The other components of net benefit cost as defined in paragraphs 715-30-35-4 and 715-60-35-9 are required to be presented in the income statement separately from the service cost component and outside a subtotal of income from operations, if one is presented. If a separate line item or items are used to present the other components of net benefit cost, that line item or items must be appropriately described. If a separate line item or items are not used, the line item or items used in the income statement to present the other components of net benefit cost must be disclosed. ASU 2017-07 is effective for the Company for annual and interim reporting periods beginning July 1, 2018. The Company is currently evaluating the impact ASU 2017-07 will have on its consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, “Compensation—Stock Compensation (Topic 718): Scope of Modification Accounting” (“ASU 2017-09”). The amendments in ASU 2017-09 provide guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting in Topic 718. ASU 2017-09 is effective for the Company for annual and interim reporting periods beginning July 1, 2018. Early adoption of ASU 2017-09 is permitted, including adoption in any interim period, and the standard should be applied prospectively to an award modified on or after the adoption date. The Company does not expect the adoption of ASU 2017-09 to have a significant impact on its consolidated financial statements.

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Components of Receivables, Net	Receivables, net consist of: As of June 30, 2017 2016 (in millions) Receivables $ 1,484 $ 1,442 Allowances for sales returns (166 ) (170 ) Allowances for doubtful accounts (42 ) (43 ) Receivables, net $ 1,276 $ 1,229

Acquisitions, Disposals and O34

Acquisitions, Disposals and Other Transactions (Tables)	12 Months Ended
	Jun. 30, 2017
Wireless Group plc [Member]
Schedule of Total Transaction Value/ Fair Value of Acquisition	The total transaction value for the Wireless Group acquisition is set forth below (in millions): Cash paid for Wireless Group equity $ 285 Plus: Assumed debt 23 Total transaction value $ 308
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	Under the acquisition 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: Intangible assets $ 220 Goodwill 115 Net liabilities (50 ) Total net assets acquired $ 285
iProperty Group Limited [Member]
Schedule of Total Transaction Value/ Fair Value of Acquisition	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
Schedule of Fair Value of Assets Acquired and Liabilities Assumed	Under the acquisition method of accounting, the total consideration was 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
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 acquisition method of accounting, the total consideration transferred was 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

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Jun. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]
Summary of Results of Operations from Discontinued Operations	The following table summarizes the results of operations from the discontinued segment: For the fiscal years ended June 30, 2017 2016 2015 (in millions) Revenues $ — $ 27 $ 109 Loss before income tax benefit — (159 ) (496 ) Income tax benefit — 174 51 Income (loss) from discontinued operations, net of tax $ — $ 15 $ (445 )
Summary of Liabilities Held for Sale Related to Discontinued Operations	Liabilities held for sale related to discontinued operations as of June 30, 2016 are included in Other current liabilities in the Balance Sheets as follows: As of 2017 As of 2016 (in millions) Current assets $ — $ 1 Non-current assets — — Total assets $ — $ 1 Current liabilities — 7 Non-current liabilities — — Total liabilities $ — $ 7 Net liabilities held for sale $ — $ (6 )

Restructuring Programs (Tables)

Restructuring Programs (Tables)	12 Months Ended
	Jun. 30, 2017
Restructuring and Related Activities [Abstract]
Schedule of Changes in Restructuring Program Liabilities	Changes in the restructuring program liabilities were as follows: One-time Facility costs Other costs Total (in millions) 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 Additions 137 — 5 142 Payments (135 ) (1 ) (1 ) (137 ) Other (2 ) 2 — — Balance, June 30, 2017 $ 33 $ 6 $ 10 $ 49

Investments (Tables)

Investments (Tables)	12 Months Ended
	Jun. 30, 2017
Investments Schedule [Abstract]
Schedule of Investments	The Company’s investments were comprised of the following: Ownership 2017 As of June 30, 2017 2016 (in millions) Equity method investments: Foxtel (a) 50% $ 1,208 $ 1,437 Other equity method investments (b) various 133 101 Loan receivable from Foxtel (c) N/A 370 338 Available-for-sale securities (d) various 97 189 Cost method investments (e) various 219 205 Total Investments $ 2,027 $ 2,270 (a) During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. As a result of Foxtel’s performance in the first half of fiscal 2017 and the competitive operating environment in the Australian pay-TV market, the Company revised its future outlook for the business, which resulted in a reduction in expected future cash flows. Based on the revised projections, the Company determined that the fair value of its investment in Foxtel declined below its $1.4 billion carrying value, which includes the gain recognized in connection with the acquisition of Consolidated Media Holdings Ltd. (“CMH”). Significant unobservable inputs utilized in the income approach valuation method were a discount rate of 9.0% and a long-term growth rate of 2.5%. Significant unobservable inputs utilized in the market approach valuation method were EBITDA multiples from guideline public companies operating in similar industries and a control premium of 10%. Any significant shortfall of the expected future cash flows of, or changes in market conditions for, Foxtel could result in additional write downs for which non-cash charges would be required. In November 2012, the Company acquired CMH, a media investment company that operates in Australia. CMH owned a 25% interest in Foxtel through its 50% interest in FOX SPORTS Australia. The CMH acquisition was accounted for in accordance with ASC 805 which requires an acquirer to remeasure its previously held equity interest in an acquiree at its acquisition date fair value and recognize the resulting gain or loss in earnings. The carrying amount of the Company’s previously held equity interest in FOX SPORTS Australia, through which the Company held its indirect 25% interest in Foxtel, was revalued to fair value as of the acquisition date, resulting in a step-up and non-cash gain of approximately $1.3 billion for the fiscal year ended June 30, 2013, of which $0.9 billion related to Foxtel. (b) In January 2017, REA Group acquired an approximate 15% interest in Elara Technologies Pte. Ltd., a leading online real estate services provider in India (“Elara”), for $50 million. Elara operates PropTiger.com, Makaan.com and Housing.com, and the investment further strengthens REA Group’s presence in Asia. Following the completion of the investment and certain related transactions, including Elara’s acquisition of Housing.com, News Corporation’s pre-existing interest in Elara decreased to approximately 23%. (c) In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and pro rata capital contributions made by Foxtel shareholders 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$481 million ($370 million) and A$451 million ($338 million) as of June 30, 2017 and June 30, 2016, respectively. During the three months ended June 30, 2017, the Company capitalized a portion of the interest due from Foxtel which is included in the carrying value of the note receivable as of June 30, 2017. 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 investment in HT&E. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest in HT&E for $20 million. During the second quarter of fiscal 2017, the Company participated in an entitlement offer for $21 million and its interest was diluted from 14.99% to 13.23%. During the fourth quarter of fiscal 2017, the Company’s interest increased from 13.23% to 13.40% as a result of dividend reinvestment. HT&E operates a portfolio of Australian radio and outdoor media assets. (e) Cost method investments primarily include the Company’s investment in SEEKAsia Limited and certain investments in China.
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, 2017 2016 (in millions) Cost basis of available-for-sale investments $ 99 $ 155 Accumulated gross unrealized gain — 34 Accumulated gross unrealized (loss) (2 ) — Fair value of available-for-sale investments $ 97 $ 189 Net deferred tax (asset) liability $ (1 ) $ 13
Schedule of (Losses) Earnings of Equity Affiliates	The Company’s share of the (losses) earnings of its equity affiliates was as follows: For the fiscal years ended June 30, 2017 2016 2015 (in millions) Foxtel (a) $ (265 ) $ 38 $ 59 Other equity affiliates, net (b) (30 ) (8 ) (1 ) Total Equity (losses) earnings of affiliates $ (295 ) $ 30 $ 58 (a) During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. The write-down is reflected in Equity (losses) earnings of affiliates in the Statement of Operations for the fiscal year ended June 30, 2017. Refer to the discussion above for further details. Additionally, in accordance with ASC 350, the Company amortized $68 million, $52 million and $57 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, 2017, 2016 and 2015, respectively. Such amortization is reflected in Equity (losses) earnings of affiliates in the Statements of Operations. (b) Other equity affiliates, net for the fiscal year ended June 30, 2017 includes losses primarily from the Company’s interest in Elara. Additionally, during the fourth quarter of fiscal 2017, the Company recognized impairments of $9 million on certain other equity method investments. The impairments are reflected in Equity (losses) earnings of affiliates in the Statement of Operations for the fiscal year ended June 30, 2017.
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, 2017 2016 2015 (in millions) Revenues $ 2,411 $ 2,379 $ 2,658 Operating income (a) 353 373 441 Net income 59 180 232 (a) Includes Depreciation and amortization of $215 million, $231 million and $319 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. Operating income before depreciation and amortization was $568 million, $604 million, and $760 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. As of June 30, 2017 2016 (in millions) Current assets $ 642 $ 605 Non-current assets 2,517 2,470 Current liabilities 758 764 Non-current liabilities 2,557 2,534

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Jun. 30, 2017
Property, Plant and Equipment [Abstract]
Components of Property, Plant and Equipment	Useful Lives As of June 30, 2017 2016 (in millions) Land $ 153 $ 153 Buildings and leaseholds 3 to 50 years 1,733 1,793 Machinery and equipment (a) 3 to 40 years 2,985 2,872 4,871 4,818 Less: accumulated depreciation and amortization (b) (3,339 ) (2,524 ) 1,532 2,294 Construction in progress 92 111 Total Property, plant and equipment, net $ 1,624 $ 2,405 (a) Includes capitalized software of approximately $997 million and $950 million as of June 30, 2017 and 2016, respectively. (b) Includes accumulated amortization of capitalized software of approximately $691 million and $498 million as of June 30, 2017 and 2016, respectively.

Goodwill and Other Intangible39

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2017
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, 2017 and June 30, 2016 were as follows: As of June 30, 2017 2016 (in millions) Intangible Assets Not Subject to Amortization Newspaper mastheads $ 299 $ 307 Distribution networks 390 391 Imprints 237 245 Radio broadcast licenses 185 — Trademarks and tradenames 179 191 Total intangible assets not subject to amortization 1,290 1,134 Intangible Assets Subject to Amortization Channel distribution agreements (a) 335 342 Publishing rights (b) 329 365 Customer relationships (c) 310 336 Other (d) 17 30 Total intangible assets subject to amortization, net 991 1,073 Total Intangible assets, net $ 2,281 $ 2,207 (a) Net of accumulated amortization of $76 million and $58 million as of June 30, 2017 and 2016, 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 intangible assets will be generated. (b) Net of accumulated amortization of $181 million and $150 million as of June 30, 2017 and 2016, respectively. The useful lives of publishing rights range from 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 $399 million and $363 million as of June 30, 2017 and 2016, respectively. The useful lives of customer relationships range 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. (d) Net of accumulated amortization of $83 million and $69 million as of June 30, 2017 and 2016, respectively. The useful lives of other intangible assets range 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, 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 Acquisitions 136 10 2 11 — 159 Impairments (a) (20 ) — (24 ) — (4 ) (48 ) Dispositions (b) — — (20 ) — — (20 ) Foreign currency movements 3 1 16 13 — 33 Balance, June 30, 2017 $ 1,884 $ 271 $ 1,183 $ 500 $ — $ 3,838 (a) In the News and Information Services segment, the write-down of goodwill primarily relates to a reporting unit in the U.K.. In the Digital Real Estate Services segment, the write-down of goodwill relates to the Company’s DIAKRIT reporting unit. (b) Relates to REA Group’s sale of its European business.

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Jun. 30, 2017
Debt Disclosure [Abstract]
Schedule of Borrowings	The Company’s total borrowings consist of the following: As of June 30, 2017 As of June 30, 2016 (in millions) Facility due December 2017 $ 92 $ 90 Facility due December 2018 92 90 Facility due December 2019 184 179 Other obligations 11 13 Total debt 379 372 Less: Current portion (a) (103 ) (3 ) Total long-term debt $ 276 $ 369 (a) The current portion of long term debt is included in Other current liabilities. See Note 20—Additional Financial Information.
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 2018 $ 92 Fiscal 2019 92 Fiscal 2020 185 Fiscal 2021 — Fiscal 2022 — Thereafter —

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Jun. 30, 2017
Equity [Abstract]
Summary of Dividends Paid Per Share	The following table summarizes the dividends declared and paid per share on both the Company’s Class A Common Stock and Class B Common Stock: For the fiscal years ended June 30, 2017 2016 2015 Cash dividends paid per share $ 0.20 $ 0.20 $ —
Summary of Total Number and Value of Shares Repurchased	The total number and value of shares repurchased for the fiscal years ended June 30, 2017, 2016 and 2015 are as follows: For the fiscal years ended June 30, 2017 2016 2015 (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, 2017
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, 2017 2016 2015 (in millions) Total Equity compensation expense $ 38 $ 55 $ 53 Total intrinsic value of stock options exercised $ 2 $ 3 $ 24
Summary of Stock Option Transactions	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 2017 Fiscal 2016 Fiscal 2015 Number Weighted Number Weighted Number Weighted (in US$) (in US$) (in US$) PSUs and RSUs Unvested units at beginning of the year 7,773 $ 17.34 8,355 $ 16.77 7,222 $ 13.00 Granted (a) 4,502 14.69 3,472 15.51 2,975 17.29 RSUs assumed in acquisition (b) — — — — 2,491 15.20 Vested (c) (2,387 ) 18.38 (1,913 ) 13.56 (3,131 ) 10.19 Cancelled (d) (1,236 ) 17.08 (2,141 ) 15.76 (1,202 ) 11.36 Unvested units at the end of the year (e) 8,652 $ 15.57 7,773 $ 17.34 8,355 $ 16.77 (a) For fiscal 2017, includes 4.1 million target PSUs and 0.4 million RSUs granted. 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, 2017, 2016 and 2015 was $44 million, $26 million and $32 million, respectively. (d) For fiscal 2017, includes 0.7 million of target PSUs and 0.1 million RSUs cancelled and a payout adjustment of 0.4 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2014 that vested during fiscal 2017. 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 $119 million as of June 30, 2017.
Summary of Activity from Continuing and Discontinued Operations Related to Target PSUs and RSUs Settled in Shares	The following table summarizes information about stock option transactions for the employee stock option plans (options in thousands): Fiscal 2017 Fiscal 2016 Fiscal 2015 Options Weighted Options Weighted Options Weighted (in US$) (in US$) (in US$) Outstanding at the beginning of the year 1,238 $ 9.03 2,008 $ 8.82 263 $ 6.25 Options assumed in acquisition (a) — — — — 4,336 7.46 Exercised (354 ) 7.78 (508 ) 7.34 (2,521 ) 6.22 Cancelled (218 ) 15.00 (262 ) 10.75 (70 ) 8.37 Outstanding at the end of the year (b) 666 $ 7.74 1,238 $ 9.03 2,008 $ 8.82 Exercisable at the end of the year (c) 585 945 1,117 (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, 2017, 2016 and 2015 was $4.0 million, $3.0 million and $12.8 million, respectively. The weighted average remaining contractual life of options outstanding as of June 30, 2017 was 5.26 years. (c) The weighted average remaining contractual life of options exercisable as of June 30, 2017 was 5.05 years.

(Loss) Earnings Per Share (Tabl

(Loss) Earnings Per Share (Tables)	12 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Computation of Basic and Diluted (Loss) Earnings per Share	The following tables set forth the computation of basic and diluted (loss) earnings per share under ASC 260, “Earnings per Share”: For the fiscal years ended June 30, 2017 2016 2015 (in millions, except per share amounts) (Loss) income from continuing operations $ (643 ) $ 235 $ 367 Less: Net income attributable to noncontrolling interests (95 ) (71 ) (69 ) Less: Redeemable preferred stock dividends (a) (2 ) (2 ) (2 ) (Loss) income from continuing operations available to News Corporation stockholders (740 ) 162 296 Income (loss) from discontinued operations, net of tax, available to News Corporation stockholders — 15 (445 ) Net (loss) income available to News Corporation stockholders $ (740 ) $ 177 $ (149 ) Weighted-average number of shares of common stock outstanding—basic 581.4 580.6 581.0 Dilutive effect of equity awards (b) — 1.9 1.6 Weighted-average number of shares of common stock outstanding—diluted 581.4 582.5 582.6 (Loss) income from continuing operations available to News Corporation stockholders per share—basic and diluted $ (1.27 ) $ 0.28 $ 0.51 Income (loss) from discontinued operations available to News Corporation stockholders per share—basic and diluted $ — $ 0.02 $ (0.77 ) Net (loss) income available to News Corporation stockholders per share—basic and diluted $ (1.27 ) $ 0.30 $ (0.26 ) (a) Refer to Note 10 — (b) The dilutive impact of the Company’s PSUs, RSUs and stock options has been excluded from the calculation of diluted (loss) earnings per share for the fiscal year ended June 30, 2017 because their inclusion would have an antidilutive effect on the net loss per share.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Jun. 30, 2017
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, 2017 2016 2015 (in millions) Related party revenue, net of expense $ 307 $ 319 $ 281
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, 2017 2016 (in millions) Accounts receivable from related parties $ 92 $ 86 Notes receivable from related parties 370 338 Accounts payable to related parties 13 31

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 30, 2017
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, 2017: As of June 30, 2017 Payments Due by Period Total Less than 1 year 1-3 years 3-5 years More than 5 years (in millions) Purchase obligations (a) $ 1,105 $ 422 $ 350 $ 195 $ 138 Sports programming rights (b) 1,287 223 502 427 135 Operating leases (c) Land and buildings 1,641 157 285 222 977 Plant and machinery 5 3 2 — — Borrowings (d) 380 103 277 — — Total commitments and contractual obligations $ 4,418 $ 908 $ 1,416 $ 844 $ 1,250 (a) The Company has commitments under purchase obligations related to printing contracts, capital projects, marketing agreements, production services and other legally binding commitments. (b) The Company has sports programming rights commitments with National Rugby League, Football Federation Australia, Australian Rugby Union and International Cricket as well as certain other broadcast rights which are payable through fiscal 2023. (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 $210 million of land and office facilities that have been subleased from 21st Century Fox. (d) Primarily represents the REA Facility based on the contractual maturity date of the various sub facilities included within the agreement. (See Note 9—Borrowings).

Retirement Benefit Obligations

Retirement Benefit Obligations (Tables)	12 Months Ended
	Jun. 30, 2017
Postemployment Benefits [Abstract]
Schedule of Amounts Recognized in Balance Sheets	The Company recognized these amounts in the Balance Sheets at June 30, 2017 and June 30, 2016 as follows: Pension Benefits Postretirement Domestic Foreign Total As of June 30, 2017 2016 2017 2016 2017 2016 2017 2016 (in millions) Other non-current assets $ — $ — $ 17 $ 4 $ — $ — $ 17 $ 4 Other current liabilities — — (1 ) (1 ) (9 ) (9 ) (10 ) (10 ) Retirement benefit obligations (91 ) (109 ) (120 ) (124 ) (108 ) (117 ) (319 ) (350 ) Net amount recognized $ (91 ) $ (109 ) $ (104 ) $ (121 ) $ (117 ) $ (126 ) $ (312 ) $ (356 )
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 Postretirement Domestic Foreign Total As of June 30, 2017 2016 2017 2016 2017 2016 2017 2016 (in millions) Projected benefit obligation, beginning of the year $ 396 $ 382 $ 1,201 $ 1,272 $ 126 $ 133 $ 1,723 $ 1,787 Service cost — — 9 10 — — 9 10 Interest cost 12 17 29 44 3 5 44 66 Benefits paid (23 ) (18 ) (39 ) (55 ) (8 ) (8 ) (70 ) (81 ) Settlements (a) (13 ) (11 ) (23 ) (33 ) — — (36 ) (44 ) Actuarial loss/(gain) (b) (4 ) 28 54 153 (3 ) (2 ) 47 179 Foreign exchange rate changes — — (15 ) (188 ) — (2 ) (15 ) (190 ) Plan curtailments — (2 ) — (2 ) — — — (4 ) Amendments, transfers and other — — — — (1 ) — (1 ) — Projected benefit obligation, end of the year 368 396 1,216 1,201 117 126 1,701 1,723 Change in the fair value of plan assets for the Company’s benefit plans: Fair value of plan assets, beginning of the year 287 302 1,080 1,204 — — 1,367 1,506 Actual return on plan assets 23 14 83 107 — — 106 121 Employer contributions 3 — 23 26 — — 26 26 Benefits paid (23 ) (18 ) (39 ) (55 ) — — (62 ) (73 ) Settlements (a) (13 ) (11 ) (23 ) (33 ) — — (36 ) (44 ) Foreign exchange rate changes — — (12 ) (169 ) — — (12 ) (169 ) Amendments, transfers and other — — — — — — — — Fair value of plan assets, end of the year 277 287 1,112 1,080 — — 1,389 1,367 Funded status $ (91 ) $ (109 ) $ (104 ) $ (121 ) $ (117 ) $ (126 ) $ (312 ) $ (356 ) (a) Amounts related to payments made to former employees of the Company in full settlement of their deferred pension benefits. (b) Fiscal 2017 actuarial losses for the Company’s foreign pension plans are primarily related to the decrease in discount rates used in measuring plan obligations as of June 30, 2017. Fiscal 2017 actuarial gains related to domestic pension plans primarily relate to the increase in discount rates for the U.S. plans used in measuring plan obligations as of June 30, 2017. 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.
Schedule of Amounts Recognized in Accumulated Other Comprehensive Loss	Amounts recognized in Accumulated other comprehensive loss consist of: Pension Benefits Postretirement Domestic Foreign Total As of June 30, 2017 2016 2017 2016 2017 2016 2017 2016 (in millions) Actuarial losses (gains) $ 142 $ 158 $ 453 $ 452 $ (1 ) $ 2 $ 594 $ 612 Prior service (benefit) cost — — — — (31 ) (34 ) (31 ) (34 ) Net amounts recognized $ 142 $ 158 $ 453 $ 452 $ (32 ) $ (32 ) $ 563 $ 578
Schedule of Amounts in Accumulated Other Comprehensive Loss Expected to be Recognized as Component of Net Periodic Benefit Cost	Amounts in Accumulated other comprehensive loss expected to be recognized as a component of net periodic benefit cost in fiscal 2018 consist of: Pension Benefits Postretirement Domestic Foreign Total As of June 30, 2017 (in millions) Actuarial losses (gains) $ 5 $ 17 $ — $ 22 Prior service (benefit) cost — — (3 ) (3 ) Net amounts recognized $ 5 $ 17 $ (3 ) $ 19
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 Total As of June 30, 2017 2016 2017 2016 2017 2016 (in millions) Projected benefit obligation $ 354 $ 383 $ 14 $ 13 $ 368 $ 396 Accumulated benefit obligation 354 383 14 13 368 396 Fair value of plan assets 277 287 — — 277 287 Foreign Pension Benefits Funded Plans Unfunded Total As of June 30, 2017 2016 2017 2016 2017 2016 (in millions) Projected benefit obligation $ 1,144 $ 1,131 $ 72 $ 70 $ 1,216 $ 1,201 Accumulated benefit obligation 1,126 1,122 72 70 1,198 1,192 Fair value of plan assets 1,112 1,080 — — 1,112 1,080
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 Total As of June 30, 2017 2016 2017 2016 2017 2016 (in millions) Projected benefit obligation $ 550 $ 821 $ 72 $ 70 $ 622 $ 891 Accumulated benefit obligation 550 821 72 70 622 891 Fair value of plan assets 509 773 — — 509 773
Schedule of Components of Net Periodic Benefits Costs (Income)	The components of net periodic benefits costs (income) were as follows: Pension Benefits Domestic Foreign Postretirement Total For the fiscal years ended June 30, 2017 2016 2015 2017 2016 2015 2017 2016 2015 2017 2016 2015 (in millions) Service cost benefits earned during the period $ — $ — $ 1 $ 9 $ 10 $ 11 $ — $ — $ — $ 9 $ 10 $ 12 Interest costs on projected benefit obligations 12 17 17 29 44 49 3 5 6 44 66 72 Expected return on plan assets (18 ) (19 ) (22 ) (57 ) (62 ) (71 ) — — — (75 ) (81 ) (93 ) Amortization of deferred losses 5 4 3 16 14 13 — — — 21 18 16 Amortization of prior service costs — — — — — — (4 ) (7 ) (13 ) (4 ) (7 ) (13 ) Settlements, curtailments and other 3 — 2 3 2 — — — — 6 2 2 Net periodic benefits costs (income) - Total $ 2 $ 2 $ 1 $ — $ 8 $ 2 $ (1 ) $ (2 ) $ (7 ) $ 1 $ 8 $ (4 )
Schedule of Assumptions Used	Pension Benefits Domestic Foreign Postretirement Benefits For the fiscal years ended June 30, 2017 2016 2015 2017 2016 2015 2017 2016 2015 Additional information: Weighted-average assumptions used to determine benefit obligations Discount rate 3.8 % 3.7 % 4.5 % 2.7 % 2.9 % 3.7 % 3.5 % 3.4 % 4.2 % Rate of increase in future compensation N/A N/A 3.0 % 2.8 % 2.7 % 2.9 % N/A N/A N/A Weighted-average assumptions used to determine net periodic benefit cost Discount rate for PBO 3.8 % 4.5 % 4.5 % 2.9 % 3.7 % 4.2 % 3.4 % 4.2 % 4.0 % Discount rate for Service Cost 4.1 % 4.5 % 4.5 % 3.1 % 3.7 % 4.2 % 3.7 % 4.2 % 4.0 % Discount rate for Interest on PBO 3.0 % 4.5 % 4.5 % 2.5 % 3.7 % 4.2 % 2.6 % 4.2 % 4.0 % Discount rate for Interest on Service Cost 3.8 % 4.5 % 4.5 % 2.9 % 3.7 % 4.2 % 3.2 % 4.2 % 4.0 % Expected return on plan assets 6.5 % 6.5 % 7.0 % 5.5 % 5.5 % 6.2 % N/A N/A N/A Rate of increase in future compensation N/A 3.0 % 3.0 % 2.7 % 2.9 % 3.6 % 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 2017 Fiscal 2016 Health care cost trend rate 6.8 % 6.7 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.6 % 4.5 % Year that the rate reaches the ultimate trend rate 2027 2028
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 2017: Service and Benefit (in millions) One percentage point increase $ — $ 3 One percentage point decrease $ — $ (2 )
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 Domestic Foreign Total (in millions) Fiscal year: 2018 $ 24 $ 51 $ 9 $ 84 2019 21 48 9 78 2020 21 51 9 81 2021 21 52 9 82 2022 21 55 9 85 2023-2027 105 280 38 423
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, 2017 and 2016: As of June 30, 2017 As of June 30, 2016 Fair Value Measurements at Fair Value Measurements at Total 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 1 — 1 — — — — — — — Domestic equity funds 78 — — — 78 81 — — — 81 International equity funds 196 — — — 196 244 — — — 244 Domestic fixed income funds 151 — — — 151 160 — — — 160 International fixed income funds 642 — — — 642 618 — — — 618 Balanced funds 255 — 182 — 73 251 — 188 — 63 Other 66 55 — 11 — 13 2 — 11 — Total $ 1,389 $ 55 $ 183 $ 11 $ 1,140 $ 1,367 $ 2 $ 188 $ 11 $ 1,166 (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, 2017 and 2016: Level 3 (in millions) 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 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 — Transfers in and out of Level 3 — Balance, June 30, 2017 $ 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, 2017 2016 Asset Category: Equity securities 22 % 26 % Debt securities 62 % 62 % Cash and other 16 % 12 % Total 100 % 100 %

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Schedule of (Loss) Income from Continuing Operations Before Income Tax Expense (Benefit) Attributable to Jurisdictions	(Loss) income from continuing operations before income tax expense (benefit) was attributable to the following jurisdictions: For the fiscal years ended 2017 2016 2015 (in millions) U.S. $ 84 $ (125 ) $ 148 Foreign (699 ) 306 404 (Loss) income from continuing operations before income tax expense (benefit) $ (615 ) $ 181 $ 552
Schedule of Components of Income Tax Expense (Benefit)	The significant components of the Company’s income tax expense (benefit) were as follows: For the fiscal years ended 2017 2016 2015 (in millions) Current: U.S. Federal $ 1 $ 15 $ 35 State & local 4 5 11 Foreign 118 102 135 Total current tax 123 122 181 Deferred: U.S. Federal 57 (71 ) 16 State & local (1 ) (106 ) 1 Foreign (151 ) 1 (13 ) Total deferred tax (95 ) (176 ) 4 Total income tax expense (benefit) (a) $ 28 $ (54 ) $ 185 a) The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal year 2016. In addition, a tax benefit of $30 million related to the operations of the Digital Education segment for the period was recorded to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal 2016. The tax expense (benefit) 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 federal current tax benefits attributed to discontinued 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 2017 2016 2015 U.S. federal income tax rate 35 % 35 % 35 % State and local taxes, net — (8 ) 1 Effect of foreign operations (a) (17 ) (1 ) (2 ) Change in valuation allowance (b) (7 ) (62 ) — Income tax audit settlements (c) (10 ) — — Non-deductible goodwill and asset impairment (d) (7 ) — — Non-deductible compensation and benefits (1 ) 3 1 R&D credits 1 (2 ) (1 ) Other, net 1 5 — Effective tax rate (e) (5 )% (30 )% 34 % (a) The Company’s effective tax rate is impacted by the geographic mix of its pre-tax income. 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. As indicated in the pre-tax income table above, for the fiscal year ended June 30, 2017, the Company recorded a pre-tax loss on a consolidated basis comprised of pre-tax income in the U.S. and pre-tax losses in foreign jurisdictions which includes impairments and write-downs of approximately $1 billion. The losses in our foreign operations had the effect of reducing the tax benefit of consolidated pre-tax losses measured at the U.S. statutory rate by $98 million resulting in a lower effective tax rate. For the fiscal years ended June 30, 2016 and June 30, 2015, the Company recorded pre-tax book income on a consolidated basis with pre-tax income in foreign jurisdictions. Accordingly, the effect of foreign operations at lower tax rates decreased the Company’s effective tax rate. (b) For the fiscal year ended June 30, 2017, valuation allowance increased by $40 million related to foreign net operating losses, which more likely than not will not be utilized. For the fiscal year ended June 30, 2016, 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. (c) In the fiscal year ended June 30, 2017, the Company reached an agreement with a foreign tax authority to settle certain tax issues related to fiscal years 2010 through 2015. As a result of the settlement, the Company recorded net income tax expense of $63 million. See Uncertain Tax Positions below. (d) The Company recorded non-cash charges of $48 million related to the impairment of Goodwill, which was non-deductible, and a write-down of $360 million on U.K. fixed assets, a portion of which were non-deductible, which reduced the Company’s tax benefit by $12 million and $29 million, respectively. These impairments and write-downs have an impact on our effective tax rate to the extent a tax benefit is not recorded. (e) For the fiscal year ended June 30, 2017, the effective tax rate of (5)% represents income tax expense when compared to consolidated pre-tax book loss. 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. 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, 2017 and 2016, respectively, as follows: As of June 30, 2017 2016 (in millions) Deferred income tax assets $ 525 $ 602 Deferred income tax liabilities (61 ) (171 ) Net deferred tax assets $ 464 $ 431
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, 2017 2016 (in millions) Deferred tax assets: Accrued liabilities $ 80 $ 185 Capital loss carryforwards 904 803 Retirement benefit obligations 101 112 Net operating loss carryforwards 473 580 Business credits 69 38 Other 284 213 Total deferred tax assets 1,911 1,931 Deferred tax liabilities: Asset basis difference and amortization (204 ) (421 ) Other (56 ) (65 ) Total deferred tax liabilities (260 ) (486 ) Net deferred tax asset before valuation allowance 1,651 1,445 Less: valuation allowance (See Note 21—Valuation and Qualifying Accounts) (1,187 ) (1,014 ) Net deferred tax assets $ 464 $ 431
Schedule of Income Tax Net Operating Loss Carryforwards (NOLs) (Gross, Net Uncertain Tax Benefits)	As of June 30, 2017, 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 2037 $ 783 U.S. States Various 530 Australia Indefinite 239 U.K. Indefinite 10 Other Foreign Various 388
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 2017 2016 2015 (in millions) Balance, beginning of period $ 86 $ 129 $ 58 Additions for prior year tax positions 107 6 79 Additions for current year tax positions 5 4 4 Reduction for prior year tax positions (9 ) (40 ) (7 ) Lapse of the statute of limitations (8 ) (2 ) — Settlement—cash (21 ) (2 ) — Settlement—tax attributes (94 ) — — Impact of currency translations (2 ) (9 ) (5 ) Balance, end of period $ 64 $ 86 $ 129
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 2009-2016 U.S. States Various Australia 2012-2016 U.K. 2011-2016

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated	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). For the fiscal years ended 2017 2016 2015 (in millions) Revenues: News and Information Services $ 5,069 $ 5,338 $ 5,731 Book Publishing 1,636 1,646 1,667 Digital Real Estate Services 938 822 625 Cable Network Programming 494 484 500 Other 2 2 1 Total Revenues 8,139 8,292 8,524 Segment EBITDA: News and Information Services $ 414 $ 214 $ 603 Book Publishing 199 185 221 Digital Real Estate Services 324 344 201 Cable Network Programming 123 124 135 Other (175 ) (183 ) (215 ) Depreciation and amortization (449 ) (505 ) (498 ) Impairment and restructuring charges (927 ) (89 ) (84 ) Equity (losses) earnings of affiliates (295 ) 30 58 Interest, net 39 43 56 Other, net 132 18 75 (Loss) income from continuing operations before income tax (expense) benefit (615 ) 181 552 Income tax (expense) benefit (28 ) 54 (185 ) (Loss) income from continuing operations $ (643 ) $ 235 $ 367
Reconciliation of Depreciation and Amortization, Capital Expenditures and Goodwill and Intangible Assets from Segments to Consolidated	For the fiscal years 2017 2016 2015 (in millions) Depreciation and amortization: News and Information Services $ 283 $ 347 $ 365 Book Publishing 52 55 52 Digital Real Estate Services 78 69 44 Cable Network Programming 32 29 33 Other 4 5 4 Total Depreciation and amortization $ 449 $ 505 $ 498 For the fiscal years 2017 2016 2015 (in millions) Capital expenditures: News and Information Services $ 165 $ 174 $ 238 Book Publishing 11 9 12 Digital Real Estate Services 66 64 45 Cable Network Programming 14 8 7 Other — 1 6 Total Capital expenditures $ 256 $ 256 $ 308 As of June 30, 2017 2016 (in millions) Goodwill and intangible assets, net: News and Information Services $ 2,952 $ 2,651 Book Publishing 835 869 Digital Real Estate Services 1,420 1,499 Cable Network Programming 912 898 Other — 4 Total Goodwill and intangible assets, net $ 6,119 $ 5,921
Reconciliation of Assets from Segments to Consolidated	As of June 30, 2017 2016 (in millions) Total assets: News and Information Services $ 6,142 $ 6,728 Book Publishing 1,845 1,855 Digital Real Estate Services 2,307 2,158 Cable Network Programming 1,194 1,101 Other (a) 1,037 1,371 Investments 2,027 2,270 Total assets $ 14,552 $ 15,483 (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 2017 2016 2015 (in millions) Revenues: (a) U.S. and Canada (b) $ 3,880 $ 3,920 $ 3,808 Europe (c) 1,671 1,873 1,982 Australasia and Other (d) 2,588 2,499 2,734 Total Revenues $ 8,139 $ 8,292 $ 8,524 (a) Revenues are attributed to region based on location of customer. (b) Revenues include approximately $3.7 billion for fiscal 2017, $3.8 billion for fiscal 2016 and $3.6 billion for fiscal 2015 from customers in the U.S. (c) Revenues include approximately $1.3 billion for fiscal 2017, $1.5 billion for fiscal 2016 and $1.6 billion for fiscal 2015 from customers in the U.K. (d) Revenues include approximately $2.3 billion for fiscal 2017, $2.3 billion for fiscal 2016 and $2.3 billion for fiscal 2015 from customers in Australia. As of June 30, 2017 2016 (in millions) Long-lived assets: (a) U.S. and Canada $ 960 $ 1,058 Europe 560 939 Australasia and Other 546 804 Total long-lived assets $ 2,066 $ 2,801 (a) Reflects total assets less current assets, goodwill, intangible assets, investments and deferred income tax assets.

Additional Financial Informat49

Additional Financial Information (Tables)	12 Months Ended
	Jun. 30, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Components of Other Current Assets	The following table sets forth the components of Other current assets included in the Balance Sheets: As of June 30, 2017 2016 (in millions) Inventory (a) $ 208 $ 218 Amounts due from 21st Century Fox 82 55 Prepayments and other current assets 233 240 Total Other current assets $ 523 $ 513 (a) Inventory as of June 30, 2017 and 2016 was primarily comprised of books, newsprint, printing ink, and programming rights.
Components of 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, 2017 2016 (in millions) Royalty advances to authors $ 298 $ 311 Other 144 85 Total Other non-current assets $ 442 $ 396
Components of Other Current Liabilities	The following table sets forth the components of Other current liabilities: As of June 30, 2017 2016 (in millions) Current tax payable $ 39 $ 33 Royalties and commissions payable 152 179 Current portion of long-term debt 103 3 Other 306 251 Total Other current liabilities $ 600 $ 466
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 2017 2016 2015 (in millions) Gain on sale of REA Group’s European business (a) $ 107 $ — $ — Gain on iProperty transaction (b) — 29 — Impairment of marketable securities and cost method investments (c) (21 ) (21 ) (5 ) Gain on sale of other businesses 19 2 — Gain on sale of equity method investments 11 1 7 Gain on sale of marketable securities (d) 7 1 29 Dividends received from cost method investments 3 — 25 Gain on sale of cost method investments — — 15 Other 6 6 4 Total Other, net $ 132 $ 18 $ 75 (a) The Company recognized a pre-tax gain of $107 million for the fiscal year ended June 30, 2017 related to REA Group’s sale of its European business. See Note 3—Acquisitions, Disposals and Other Transactions. (b) See Note 3—Acquisitions, Disposals and Other Transactions. (c) See Note 6—Investments. (d) 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 loss and included in Other, net in the Statement of Operations.
Components of Accumulated Other Comprehensive Loss	The components of Accumulated other comprehensive loss were as follows: For the fiscal years ended 2017 2016 2015 (in millions) Accumulated other comprehensive loss, net of tax: Unrealized holding gains (losses) on securities: Balance, beginning of year $ 20 $ 19 $ 24 Fiscal year activity (a) (25 ) 1 (5 ) Balance, end of year (5 ) 20 19 Benefit Plan Adjustments: Balance, beginning of year (445 ) (413 ) (384 ) Fiscal year activity (b) 8 (32 ) (29 ) Balance, end of year (437 ) (445 ) (413 ) Foreign currency translation adjustments: Balance, beginning of year (585 ) (188 ) 971 Fiscal year activity (c) 75 (397 ) (1,159 ) Balance, end of year (510 ) (585 ) (188 ) Share of other comprehensive income from equity affiliates, net: Balance, beginning of year (16 ) — (1 ) Fiscal year activity (d) 4 (16 ) 1 Balance, end of year (12 ) (16 ) — Total accumulated other comprehensive loss, net of tax: Balance, beginning of year (1,026 ) (582 ) 610 Fiscal year activity, net of income taxes 62 (444 ) (1,192 ) Balance, end of year $ (964 ) $ (1,026 ) $ (582 ) (a) Net of income tax (benefit) expense of ($10) million, nil and nil for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. (b) Net of income tax expense (benefit) of $8 million, ($14) million and ($11) million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. (c) Excludes $9 million, ($1) million and ($24) million relating to noncontrolling interests for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. (d) Net of income tax expense (benefit) of $2 million, ($7) million and $1 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.

Valuation and Qualifying Acco50

Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Jun. 30, 2017
Valuation and Qualifying Accounts [Abstract]
Schedule of Valuation and Qualifying Accounts	Balance at Additions Acquisitions Utilization Foreign Balance at (in millions) Fiscal 2017 Allowances for returns and doubtful accounts $ (213 ) $ (603 ) $ (2 ) $ 611 $ (1 ) $ (208 ) Deferred tax valuation allowance (1,014 ) (92 ) (92 ) 23 (12 ) (1,187 ) 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 )

Quarterly Data (Tables)

Quarterly Data (Tables)	12 Months Ended
	Jun. 30, 2017
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 2017 Revenues $ 1,965 $ 2,116 $ 1,978 $ 2,080 Loss from continuing operations attributable to News Corporation stockholders (a) (15 ) (289 ) (5 ) (429 ) Income from discontinued operations, net of tax (b) — — — — Net loss attributable to News Corporation stockholders (15 ) (289 ) (5 ) (429 ) Loss from continuing operations available to News Corporation stockholders per share—basic and diluted $ (0.03 ) $ (0.50 ) $ (0.01 ) $ (0.74 ) Income from discontinued operations available to News Corporation stockholders per share—basic and diluted — — — — Loss available to News Corporation stockholders per share—basic and diluted $ (0.03 ) $ (0.50 ) $ (0.01 ) $ (0.74 ) Fiscal 2016 Revenues $ 2,014 $ 2,161 $ 1,891 $ 2,226 Income (loss) from continuing operations attributable to News Corporation stockholders (a) 129 87 (147 ) 95 Income (loss) from discontinued operations, net of tax (b) 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) from discontinued operations 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

Summary of Significant Accoun52

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 2,016,000,000	$ 1,832,000,000	$ 1,951,000,000	$ 3,145,000,000
Restricted cash	$ 0	315,000,000
Prepublication costs amortization description	Prepublication costs are amortized from the year of publication over the estimated useful life of the title, 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 with an estimated useful life exceeding one year.
Amortization of prepublication costs	$ 45,000,000	43,000,000	43,000,000
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	$ 48,000,000	58,000,000	56,000,000
Expense from barter transactions	48,000,000	58,000,000	56,000,000
Advertising and promotional expenses	587,000,000	607,000,000	$ 530,000,000
Available-for-sale securities	97,000,000
Available-for-sale securities, net unrealized losses	(2,000,000)
Wireless Group plc [Member]
Significant Accounting Policies [Line Items]
Restricted cash	$ 0	315,000,000
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
Other Non-current Assets [Member]
Significant Accounting Policies [Line Items]
Prepublication costs	$ 31,000,000	33,000,000
REA Group [Member]
Significant Accounting Policies [Line Items]
Cash and cash equivalents	$ 276,000,000	$ 95,000,000

Summary of Significant Accoun53

Summary of Significant Accounting Policies - Components of Receivables, Net (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Receivables [Abstract]
Receivables	$ 1,484	$ 1,442
Allowances for sales returns	(166)	(170)
Allowances for doubtful accounts	(42)	(43)
Receivables, net	$ 1,276	$ 1,229

Acquisitions, Disposals and O54

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

Sep. 30, 2015USD ($)

Sep. 30, 2015GBP (£)

Dec. 31, 2016USD ($)

Dec. 31, 2016EUR (€)

Sep. 30, 2016USD ($)

Sep. 30, 2016GBP (£)£ / shares

May 31, 2016USD ($)

Feb. 29, 2016USD ($)Tranche

Feb. 29, 2016AUDTranche

Jul. 31, 2015USD ($)

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

Aug. 31, 2014USD ($)

Dec. 31, 2016USD ($)

Sep. 30, 2015USD ($)

Jun. 30, 2017USD ($)

Jun. 30, 2016USD ($)

Jun. 30, 2015USD ($)

Jan. 31, 2016

Sep. 30, 2015GBP (£)

Schedule Of Business Acquisitions And Divestitures [Line Items]

Restricted cash

$ 0

$ 315,000,000

Business acquisition purchase price allocation, goodwill amount

159,000,000

656,000,000

Deferred tax assets gross

1,911,000,000

1,931,000,000

Valuation allowances

1,187,000,000

1,014,000,000

Net deferred tax asset

464,000,000

431,000,000

REA Group [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Company ownership percentage

61.60%

61.60%

Cash consideration of sale of business

$ 140,000,000

€ 133

Gain on sale of business

$ 120,000,000

107,000,000

[1]

0

[1]

$ 0

[1]

REA Group [Member] | Move Inc [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Interest acquired

20.00%

Checkout 51 Mobile Apps ULC [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 13,000,000

Deferred cash consideration related to contingent payments

10,000,000

Flatmates [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 19,000,000

Future cash consideration related to contingent payments

$ 15,000,000

Harlequin Enterprises Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, intangible assets

$ 105,000,000

Business acquisition purchase price allocation, amortizable and indefinite lived intangible assets

$ 60,000,000

Finite lived intangible assets, weighted average useful life

5 years

Business acquisition purchase price allocation, goodwill amount

$ 185,000,000

Business acquisition, cost of acquired entity

414,000,000

Business acquisition purchase price allocation, cash

19,000,000

Business acquisition purchase price allocation, net tangible assets

115,000,000

Business acquisition purchase price allocation, net intangible assets

165,000,000

Business acquisition purchase price allocation, deferred tax liability

$ 35,000,000

Move Inc [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 864,000,000

Assumed debt

129,000,000

Business acquisition, cost of acquired entity

892,000,000

Business acquisition purchase price allocation, cash

108,000,000

Business acquisition purchase price allocation, net intangible assets

$ 216,000,000

Shares purchase price | $ / shares

$ 21

Fair value of assumed outstanding equity-based compensation awards

$ 67,000,000

Assumed equity-based compensation awards - pre-combination services

28,000,000

Consideration transferred for future services

$ 39,000,000

Business combination, weighted average remaining service period

2 years 6 months

Business acquisition, cash paid for outstanding indebtedness

$ 129,000,000

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

Schedule Of Business Acquisitions And Divestitures [Line Items]

Net operating loss carryforwards

947,000,000

Deferred tax assets gross

332,000,000

Valuation allowances and unrecognized tax benefits

484,000,000

Valuation allowances

170,000,000

Expected net operating loss carryforwards to be utilized

463,000,000

Net deferred tax asset

162,000,000

Increase in expected net operating loss carryforwards

$ 167,000,000

Increase in expected net operating loss carryforwards tax-effected

58,000,000

Reduction in net operating loss carryforwards

298,000,000

Expected net operating loss carryforwards

573,000,000

Expected net operating loss carryforwards tax-effected

201,000,000

Move Inc [Member] | Trademarks [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, intangible assets

116,000,000

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 and indefinite lived intangible assets

$ 100,000,000

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 and indefinite lived intangible assets

$ 39,000,000

Finite lived intangible assets, weighted average useful life

4 years

Wireless Group plc [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 285,000,000

£ 220

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

£ 3.15

Assumed debt

23,000,000

Restricted cash

$ 0

315,000,000

Business acquisition purchase price allocation, amortizable and indefinite lived intangible assets

220,000,000

Wireless Group plc [Member] | Broadcast Licenses [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, intangible assets

185,000,000

Wireless Group plc [Member] | Trademarks [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, intangible assets

27,000,000

Wireless Group plc [Member] | Customer Relationships [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable and indefinite lived intangible assets

$ 8,000,000

Finite lived intangible assets, weighted average useful life

6 years

6 years

Australian Regional Media [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 30,000,000

Unruly Holdings Limited [Member]

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 90,000,000

£ 60

Future cash consideration related to contingent payments

86,000,000

86,000,000

£ 56

Future consideration related to contingent payments

40,000,000

40,000,000

Business acquisition purchase price allocation, goodwill amount

68,000,000

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

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition purchase price allocation, amortizable and indefinite lived intangible assets

$ 43,000,000

43,000,000

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 and indefinite lived intangible assets

$ 21,000,000

$ 21,000,000

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, cash paid

$ 40,000,000

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

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

Schedule Of Business Acquisitions And Divestitures [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 340,000,000

AUD 482

Business acquisition purchase price allocation, amortizable and indefinite lived intangible assets

$ 72,000,000

Non-controlling ownership percentage

13.10%

Business combination, ownership percentage prior to acquisition date

22.70%

Business acquisition, ownership percentage

86.90%

Amount expected to be paid for remaining interest

$ 76,000,000

Minority interest ownership redeemable year

2,018

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

[2]

$ 0

29,000,000

$ 0

Business acquisition, cost of acquired entity

$ 416,000,000

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

$ 29,000,000

[1]

The Company recognized a pre-tax gain of $107 million for the fiscal year ended June 30, 2017 related to REA Group's sale of its European business. See Note 3-Acquisitions, Disposals and Other Transactions.

[2]

See Note 3-Acquisitions, Disposals and Other Transactions.

Acquisitions, Disposals and O55

Acquisitions, Disposals and Other Transactions - Schedule of Total Transaction Value/ Fair Value of Acquisition (Detail) - 1 months ended Sep. 30, 2016 - Wireless Group plc [Member] £ in Millions, $ in Millions	USD ($)	GBP (£)
Business Acquisition [Line Items]
Cash paid for Wireless Group equity	$ 285	£ 220
Plus: Assumed debt	23
Total transaction value	$ 308

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, 2017	Sep. 30, 2016	Jun. 30, 2016	Feb. 29, 2016	Jun. 30, 2015	Nov. 30, 2014
Assets Acquired:
Goodwill	$ 3,838		$ 3,714		$ 3,063
Wireless Group plc [Member]
Assets Acquired:
Intangible assets		$ 220
Goodwill		115
Liabilities assumed:
Borrowings		23
Net liabilities		(50)
Total net assets acquired		$ 285
iProperty Group Limited [Member] | REA Group [Member]
Assets Acquired:
Intangible assets				$ 72
Goodwill				498
Liabilities assumed:
Net liabilities				(34)
Total 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
Total net assets acquired						$ 892

Acquisitions, Disposals and O57

Acquisitions, Disposals and Other Transactions - Schedule of Total Fair Value of iProperty at Acquisition Date (Detail) - 1 months ended Feb. 29, 2016 - iProperty Group Limited [Member] - REA Group [Member] AUD in Millions, $ in Millions	USD ($)	AUD
Business Acquisition [Line Items]
Cash paid for iProperty equity	$ 340	AUD 482
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 O58

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 Move equity	$ 864
Assumed equity-based compensation awards-pre-combination services	28
Total consideration	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, 2017		Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax non-cash impairment charge		$ 785		$ 0	$ 0
Impairment charges, goodwill		48	[1]	0
Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Impairment charges, goodwill					325
Digital Education [Member] | 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
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		$ 0		$ 159	$ 496
Digital Education [Member] | 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
Assets of discontinued operations [Member] | Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax non-cash impairment charge	76
Income tax benefit discontinued operations	$ 144
[1]	In the News and Information Services segment, the write-down of goodwill primarily relates to a reporting unit in the UK. In the Digital Real Estate Services segment, the write-down of goodwill relates to the Company's DIAKRIT reporting unit.

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, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income (loss) from discontinued operations, net of tax	$ 0	$ 0	$ 0	$ 0	$ (5)	$ (2)	$ (24)	$ 46	$ 0	$ 15	$ (445)
Digital Education [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues									0	27	109
Loss before income tax benefit									0	(159)	(496)
Income tax benefit									0	174	51
Income (loss) from discontinued operations, net of tax									$ 0	$ 15	$ (445)

Discontinued Operations - Sum61

Discontinued Operations - Summary of Liabilities Held for Sale Related to Discontinued Operations (Detail) - Digital Education [Member] - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Current assets	$ 0	$ 1
Non-current assets	0	0
Total assets	0	1
Current liabilities	0	7
Non-current liabilities	0	0
Total liabilities	0	7
Net liabilities held for sale	$ 0	$ (6)

Restructuring Programs - Additi

Restructuring Programs - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 142	$ 89	$ 84
Other Current Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities, current	35
Other Non-Current Liabilities [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring liabilities, non-current	14
Dow Jones [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	38
News and Information Services [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 133	$ 79	$ 75

Restructuring Programs - Schedu

Restructuring Programs - Schedule of Changes in Restructuring Program Liabilities (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	$ 44	$ 58	$ 28
Additions	142	89	84
Payments	(137)	(96)	(52)
Other	0	(7)	(2)
Restructuring Liabilities, Ending Balance	49	44	58
One Time Employee Termination Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	33	47	21
Additions	137	86	74
Payments	(135)	(95)	(46)
Other	(2)	(5)	(2)
Restructuring Liabilities, Ending Balance	33	33	47
Facility Related Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	5	5	7
Additions	0	1	1
Payments	(1)	(1)	(3)
Other	2	0	0
Restructuring Liabilities, Ending Balance	6	5	5
Other Costs [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Liabilities, Beginning Balance	6	6	0
Additions	5	2	9
Payments	(1)	0	(3)
Other	0	(2)	0
Restructuring Liabilities, Ending Balance	$ 10	$ 6	$ 6

Investments - Schedule of Inves

Investments - Schedule of Investments (Detail) AUD in Millions, $ in Millions		Jun. 30, 2017USD ($)		Jun. 30, 2017AUD	Jun. 30, 2016USD ($)		Jun. 30, 2016AUD
Schedule of Investments [Line Items]
Loan receivable from Foxtel		$ 370			$ 338
Available-for-sale securities	[1]	97			189
Cost method investments	[2]	219			205
Total Investments		2,027			2,270
Foxtel [Member]
Schedule of Investments [Line Items]
Equity method investment carrying value	[3]	1,208			1,437
Loan receivable from Foxtel		$ 370	[4]	AUD 481	338	[4]	AUD 451
Equity method investment, ownership percentage	[3]	50.00%		50.00%
Other Equity Method Investments [Member]
Schedule of Investments [Line Items]
Equity method investment carrying value	[5]	$ 133			$ 101
[1]	Available-for-sale securities primarily include the Company's investment in HT&E. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest in HT&E for $20 million. During the second quarter of fiscal 2017, the Company participated in an entitlement offer for $21 million and its interest was diluted from 14.99% to 13.23%. During the fourth quarter of fiscal 2017, the Company's interest increased from 13.23% to 13.40% as a result of dividend reinvestment. HT&E operates a portfolio of Australian radio and outdoor media assets.
[2]	Cost method investments primarily include the Company's investment in SEEKAsia Limited and certain investments in China.
[3]	During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. As a result of Foxtel's performance in the first half of fiscal 2017 and the competitive operating environment in the Australian pay-TV market, the Company revised its future outlook for the business, which resulted in a reduction in expected future cash flows. Based on the revised projections, the Company determined that the fair value of its investment in Foxtel declined below its $1.4 billion carrying value, which includes the gain recognized in connection with the acquisition of Consolidated Media Holdings Ltd. ("CMH"). Significant unobservable inputs utilized in the income approach valuation method were a discount rate of 9.0% and a long-term growth rate of 2.5%. Significant unobservable inputs utilized in the market approach valuation methods were EBITDA multiples from guideline public companies operating in similar industries and a control premium of 10%. Any significant shortfall of the expected future cash flows or changes in market conditions of Foxtel could result in additional write downs for which non-cash charges would be required.
[4]	In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and pro rata capital contributions made by Foxtel shareholders 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$481 million ($370 million) and A$451 million ($338 million) as of June 30, 2017 and June 30, 2016, respectively. During the three months ended June 30, 2017, the Company capitalized a portion of the interest due from Foxtel which is included in the carrying value of the note receivable as of June 30, 2017. 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.
[5]	In January 2017, REA Group acquired an approximate 15% interest in Elara Technologies Pte. Ltd., a leading online real estate services provider in India ("Elara"), for $50 million. Elara operates PropTiger.com, Makaan.com and Housing.com, and the investment further strengthens REA Group's presence in Asia. Following the completion of the investment and certain related transactions, including Elara's acquisition of Housing.com, News Corporation's pre-existing interest in Elara decreased to approximately 23%.

Investments - Schedule of Inv65

Investments - Schedule of Investments (Parenthetical) (Detail) AUD in Millions, $ in Millions

Jun. 30, 2013USD ($)

Nov. 30, 2012

Jan. 31, 2017USD ($)

Dec. 31, 2016USD ($)

Jun. 30, 2017USD ($)

Jun. 30, 2016USD ($)

Jun. 30, 2015USD ($)

Jun. 30, 2017AUD

Jun. 30, 2016AUD

Jun. 22, 2016

Jun. 21, 2016

Schedule of Investments [Line Items]

Write down of investment

$ 21

$ 21

$ 5

Loan receivable from Foxtel

370

338

Elara [Member]

Schedule of Investments [Line Items]

Equity method investment ownership percentage

23.00%

Foxtel [Member]

Schedule of Investments [Line Items]

Write down of investment

$ 227

$ 227

Equity investment carrying value prior to impairment

$ 1,400

Discount rates

9.00%

Long-term growth rates

2.50%

Fair value control premium

10.00%

Equity method investment ownership percentage

[1]

50.00%

50.00%

Loan receivable from Foxtel

$ 370

[2]

$ 338

[2]

AUD 481

AUD 451

Foxtel [Member] | Consolidated Media Holdings Ltd. [Member]

Schedule of Investments [Line Items]

Business acquisition date

Nov. 30, 2012

Equity method investment ownership percentage

25.00%

Fox Sports [Member] | Consolidated Media Holdings Ltd. [Member]

Schedule of Investments [Line Items]

Equity method investment ownership percentage

50.00%

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

$ 1,300

Ownership percentage

25.00%

Fox Sports Foxtel CMH [Member]

Schedule of Investments [Line Items]

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

$ 900

REA Group [Member] | Elara [Member]

Schedule of Investments [Line Items]

Interest acquired

15.00%

Cash paid for additional investment

$ 50

HT&E [Member]

Schedule of Investments [Line Items]

Ownership interest percentage on investment

13.23%

13.40%

14.99%

13.40%

14.99%

Purchase price of ownership interest

$ 21

$ 20

Foxtel Shareholder Notes [Member]

Schedule of Investments [Line Items]

Maturity date of subordinated note

Jul. 15, 2027

Foxtel Shareholder Notes [Member] | Foxtel [Member]

Schedule of Investments [Line Items]

Percentage of interest rates payable

10.50%

12.00%

[1]

During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. As a result of Foxtel's performance in the first half of fiscal 2017 and the competitive operating environment in the Australian pay-TV market, the Company revised its future outlook for the business, which resulted in a reduction in expected future cash flows. Based on the revised projections, the Company determined that the fair value of its investment in Foxtel declined below its $1.4 billion carrying value, which includes the gain recognized in connection with the acquisition of Consolidated Media Holdings Ltd. ("CMH"). Significant unobservable inputs utilized in the income approach valuation method were a discount rate of 9.0% and a long-term growth rate of 2.5%. Significant unobservable inputs utilized in the market approach valuation methods were EBITDA multiples from guideline public companies operating in similar industries and a control premium of 10%. Any significant shortfall of the expected future cash flows or changes in market conditions of Foxtel could result in additional write downs for which non-cash charges would be required.

[2]

In May 2012, Foxtel purchased Austar United Communications Ltd. The transaction was funded by Foxtel bank debt and pro rata capital contributions made by Foxtel shareholders 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$481 million ($370 million) and A$451 million ($338 million) as of June 30, 2017 and June 30, 2016, respectively. During the three months ended June 30, 2017, the Company capitalized a portion of the interest due from Foxtel which is included in the carrying value of the note receivable as of June 30, 2017. 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, 2017	Jun. 30, 2016
Investments Schedule [Abstract]
Cost basis of available-for-sale investments		$ 99	$ 155
Accumulated gross unrealized gain		0	34
Accumulated gross unrealized (loss)		(2)	0
Fair value of available-for-sale investments	[1]	97	189
Net deferred tax (asset) liability		$ (1)	$ 13
[1]	Available-for-sale securities primarily include the Company's investment in HT&E. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest in HT&E for $20 million. During the second quarter of fiscal 2017, the Company participated in an entitlement offer for $21 million and its interest was diluted from 14.99% to 13.23%. During the fourth quarter of fiscal 2017, the Company's interest increased from 13.23% to 13.40% as a result of dividend reinvestment. HT&E operates a portfolio of Australian radio and outdoor media assets.

Investments - Schedule of (Loss

Investments - Schedule of (Losses) Earnings of Equity Affiliates (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Schedule of Equity Method Investments [Line Items]
Equity (losses) earnings of affiliates		$ (295)	$ 30	$ 58
Foxtel [Member]
Schedule of Equity Method Investments [Line Items]
Equity (losses) earnings of affiliates	[1]	(265)	38	59
Other Equity Affiliates, Net [Member]
Schedule of Equity Method Investments [Line Items]
Equity (losses) earnings of affiliates	[2]	$ (30)	$ (8)	$ (1)
[1]	During the second quarter of fiscal 2017, the Company recognized a $227 million non-cash write-down of the carrying value of its investment in Foxtel to fair value. The write-down is reflected in Equity (losses) earnings of affiliates in the Statement of Operations for the fiscal year ended June 30, 2017. Refer to the discussion above for further details.
[2]	Other equity affiliates, net for the fiscal year ended June 30, 2017 includes losses primarily from the Company's interest in Elara. Additionally, during the fourth quarter of fiscal 2017, the Company recognized impairments of $9 million on certain other equity method investments. The impairments are reflected in Equity (losses) earnings of affiliates in the Statement of Operations for the fiscal year ended June 30, 2017.

Investments - Schedule of (Lo68

Investments - Schedule of (Losses) Earnings of Equity Affiliates (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Schedule of Equity Method Investments [Line Items]
Impairment of investment			$ 21	$ 21	$ 5
Foxtel [Member]
Schedule of Equity Method Investments [Line Items]
Impairment of investment		$ 227	227
Foxtel [Member] | Equity (Losses) Earnings of Affiliates [Member]
Schedule of Equity Method Investments [Line Items]
Amortization of excess basis allocated to finite-lived intangible assets			$ 68	$ 52	$ 57
Other Equity Affiliates, Net [Member]
Schedule of Equity Method Investments [Line Items]
Impairment of investment	$ 9

Investments - Additional Inform

Investments - Additional Information (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Investment [Line Items]
Investments written-off	$ 21,000,000	$ 21,000,000	$ 5,000,000
Reclassification out of Accumulated Other Comprehensive Income [Member]
Investment [Line Items]
Investments written-off	$ 21,000,000	$ 17,000,000	$ 0

Investments - Schedule of Summa

Investments - Schedule of Summarized Financial Information (Detail) - Foxtel [Member] - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Schedule of Equity Method Investments [Line Items]
Revenues		$ 2,411	$ 2,379	$ 2,658
Operating income	[1]	353	373	441
Net income		59	180	$ 232
Current assets		642	605
Non-current assets		2,517	2,470
Current liabilities		758	764
Non-current liabilities		$ 2,557	$ 2,534
[1]	Includes Depreciation and amortization of $215 million, $231 million and $319 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively. Operating income before depreciation and amortization was $568 million, $604 million, and $760 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.

Investments - Schedule of Sum71

Investments - Schedule of Summarized Financial Information (Parenthetical) (Detail) - Foxtel [Member] - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Schedule of Equity Method Investments [Line Items]
Depreciation and amortization	$ 215	$ 231	$ 319
Operating income before depreciation and amortization	$ 568	$ 604	$ 760

Property, Plant and Equipment -

Property, Plant and Equipment - Components of Property, Plant and Equipment (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016
Property, Plant and Equipment [Line Items]
Land		$ 153	$ 153
Buildings and leaseholds		1,733	1,793
Machinery and equipment	[1]	2,985	2,872
Property plant and equipment, gross		4,871	4,818
Less: accumulated depreciation and amortization	[2]	(3,339)	(2,524)
Property plant and equipment, before construction in progress		1,532	2,294
Construction in progress		92	111
Total Property, plant and equipment, net		$ 1,624	$ 2,405
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]	Includes capitalized software of approximately $997 million and $950 million as of June 30, 2017 and 2016, respectively.
[2]	Includes accumulated amortization of capitalized software of approximately $691 million and $498 million as of June 30, 2017 and 2016, respectively.

Property, Plant and Equipment73

Property, Plant and Equipment - Components of Property, Plant and Equipment (Parenthetical) (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Property, Plant and Equipment [Abstract]
Capitalized software	$ 997	$ 950
Accumulated amortization of capitalized software	$ 691	$ 498

Property, Plant and Equipment74

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Property, Plant and Equipment [Line Items]
Depreciation related to property, plant and equipment			$ 358	$ 415	$ 407
Amortization of capitalized software			168	194	169
Operating lease expense			156	164	195
Fixed-asset impairment charges	$ 464		679
Non-cash impairment charge			$ 785	$ 0	$ 0
Australian Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge		$ 310
Discount rates		11.50%
United Kingdom Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge	$ 360
Discount rates			8.50%
Long-term growth rates			(1.00%)
Trade Names [Member] | Australian Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge		$ 18
Presses and Print Related Equipment [Member] | Australian Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge		149
Presses and Print Related Equipment [Member] | United Kingdom Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge			$ 85
Capitalized Software [Member] | Australian Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge		66
Capitalized Software [Member] | United Kingdom Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge			23
Print Sites [Member] | United Kingdom Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge			$ 252
Facilities [Member] | Australian Newspapers [Member]
Property, Plant and Equipment [Line Items]
Non-cash impairment charge		$ 77

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, 2017	Jun. 30, 2016
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		$ 1,290	$ 1,134
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization		991	1,073
Total Intangible assets, net		2,281	2,207
Newspaper Mastheads [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		299	307
Distribution Networks [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		390	391
Imprints [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		237	245
Radio Broadcast Licenses [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		185	0
Trademarks and Tradenames [Member]
Intangible Assets Not Subject to Amortization
Total intangible assets not subject to amortization		179	191
Channel Distribution Agreements [Member]
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization	[1]	335	342
Publishing Rights [Member]
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization	[2]	329	365
Customer Relationships [Member]
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization	[3]	310	336
Other [Member]
Intangible Assets Subject to Amortization
Total intangible assets subject to amortization	[4]	$ 17	$ 30
[1]	Net of accumulated amortization of $76 million and $58 million as of June 30, 2017 and 2016, 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 intangible assets will be generated.
[2]	Net of accumulated amortization of $181 million and $150 million as of June 30, 2017 and 2016, respectively. The useful lives of publishing rights range from 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]	Net of accumulated amortization of $399 million and $363 million as of June 30, 2017 and 2016, respectively. The useful lives of customer relationships range 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.
[4]	Net of accumulated amortization of $83 million and $69 million as of June 30, 2017 and 2016, respectively. The useful lives of other intangible assets range 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, 2017	Jun. 30, 2016
Channel Distribution Agreements [Member]
Finite-Lived and Indefinite-Lived Intangible Assets [Line Items]
Finite lived intangible assets, accumulated amortization	$ 76	$ 58
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	$ 181	150
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	$ 399	363
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	$ 83	$ 69
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, 2017		Jun. 30, 2016	Jun. 30, 2015
Intangible Assets And Goodwill [Line Items]
Impairment charges		$ 785		$ 0	$ 0
Amortization expense of amortizable intangible assets		91		91	$ 90
Finite lived intangible assets, Estimated amortization expense in 2018		88
Finite lived intangible assets, Estimated amortization expense in 2019		75
Finite lived intangible assets, Estimated amortization expense in 2020		67
Finite lived intangible assets, Estimated amortization expense in 2021		62
Finite lived intangible assets, Estimated amortization expense in 2022		57
Impairment of goodwill and intangible assets from annual impairment test		88
Impairment charges, goodwill		48	[1]	$ 0
Trademarks and Tradenames [Member]
Intangible Assets And Goodwill [Line Items]
Impairment charges		$ 58
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		25.00%		14.50%	14.00%
Fair value, long-term growth rates		3.30%		3.50%	3.00%
Fair value, royalty rates		7.50%		3.40%	3.30%
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		$ 3,500
Impairment charges, goodwill	[1]	$ 20
[1]	In the News and Information Services segment, the write-down of goodwill primarily relates to a reporting unit in the UK. In the Digital Real Estate Services segment, the write-down of goodwill relates to the Company's DIAKRIT reporting unit.

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, 2017		Jun. 30, 2016
Goodwill [Line Items]
Goodwill, beginning balance		$ 3,714		$ 3,063
Acquisitions		159		656
Impairments		(48)	[1]	0
Dispositions	[2]	(20)
Foreign currency movements		33		(5)
Goodwill, ending balance		3,838		3,714
News and Information Services [Member]
Goodwill [Line Items]
Goodwill, beginning balance		1,765		1,696
Acquisitions		136		80
Impairments	[1]	(20)
Dispositions	[2]	0
Foreign currency movements		3		(11)
Goodwill, ending balance		1,884		1,765
Book Publishing [Member]
Goodwill [Line Items]
Goodwill, beginning balance		260		241
Acquisitions		10		31
Impairments	[1]	0
Dispositions	[2]	0
Foreign currency movements		1		(12)
Goodwill, ending balance		271		260
Digital Real Estate Services [Member]
Goodwill [Line Items]
Goodwill, beginning balance		1,209		636
Acquisitions		2		545
Impairments	[1]	(24)
Dispositions	[2]	(20)
Foreign currency movements		16		28
Goodwill, ending balance		1,183		1,209
Cable Network Programming [Member]
Goodwill [Line Items]
Goodwill, beginning balance		476		486
Acquisitions		11		0
Impairments	[1]	0
Dispositions	[2]	0
Foreign currency movements		13		(10)
Goodwill, ending balance		500		476
Other [Member]
Goodwill [Line Items]
Goodwill, beginning balance		4		4
Acquisitions		0		0
Impairments	[1]	(4)
Dispositions	[2]	0
Foreign currency movements		0		0
Goodwill, ending balance		$ 0		$ 4
[1]	In the News and Information Services segment, the write-down of goodwill primarily relates to a reporting unit in the UK. In the Digital Real Estate Services segment, the write-down of goodwill relates to the Company's DIAKRIT reporting unit.
[2]	The write-down of goodwill relates to REA Group's sale of its European business.

Borrowings - Schedule of Borrow

Borrowings - Schedule of Borrowings (Detail) - USD ($) $ in Millions		Jun. 30, 2017	Jun. 30, 2016
Debt Instrument [Line Items]
Total debt		$ 379	$ 372
Less: Current portion	[1]	(103)	(3)
Total long-term debt		276	369
Facility Due December 2017 [Member]
Debt Instrument [Line Items]
Total debt		92	90
Facility Due December 2018 [Member]
Debt Instrument [Line Items]
Total debt		92	90
Facility Due December 2019 [Member]
Debt Instrument [Line Items]
Total debt		184	179
Other Obligations [Member]
Debt Instrument [Line Items]
Total debt		$ 11	$ 13
[1]	The current portion of long term debt is included in Other current liabilities. See Note 20-Additional Financial Information.

Borrowings - Additional Informa

Borrowings - Additional Information (Detail)	Jun. 30, 2017USD ($)	Feb. 29, 2016USD ($)	Jun. 30, 2017USD ($)	Feb. 29, 2016AUD
Minimum [Member]
Debt Instrument [Line Items]
Interest coverage ratio			300.00%
Maximum [Member]
Debt Instrument [Line Items]
Net leverage ratio	325.00%		325.00%
REA Group [Member]
Debt Instrument [Line Items]
Lenders' fees		$ 1,000,000
Weighted average interest rate			2.70%
Interest paid			$ 10,000,000
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] | Minimum [Member] | Australian BBSY [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	0.85%	0.85%
REA Group [Member] | Maximum [Member] | Australian BBSY [Member]
Debt Instrument [Line Items]
Applicable margin for borrowing	1.05%	1.45%
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
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
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] | Minimum [Member] | Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Interest coverage ratio			300.00%
Credit Agreement [Member] | Maximum [Member] | Unsecured Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Operating income leverage ratio			300.00%

Borrowings - Scheduled of Debt

Borrowings - Scheduled of Debt Maturities Excluding Other Obligations and Debt Issuance Costs (Detail) $ in Millions	Jun. 30, 2017USD ($)
Debt Disclosure [Abstract]
Fiscal 2,018	$ 92
Fiscal 2,019	92
Fiscal 2,020	185
Fiscal 2,021	0
Fiscal 2,022	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, 2017	Jun. 30, 2016
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. 07, 2017	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014	May 31, 2013
Class of Stock [Line Items]
Number of shares repurchased		0	3,100,000	2,100,000
Aggregate cost of shares repurchased		$ 0	$ 39,000,000	$ 32,000,000
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]
Series Common stock, shares authorized		1,500,000,000	1,500,000,000
Series Common stock, par value		$ 0.01	$ 0.01
Common stock, shares outstanding		382,294,262	380,490,770	382,000,000	379,000,000
Aggregate amount of shares authorized to be repurchased						$ 500,000,000
Number of shares repurchased		0	3,000,000	2,000,000
Aggregate cost of shares repurchased		$ 0	$ 0	$ 0
Class A Common Stock [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
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]
Series Common stock, shares authorized		750,000,000	750,000,000
Series Common stock, par value		$ 0.01	$ 0.01
Common stock, shares outstanding		199,630,240	199,630,240	200,000,000	200,000,000
Number of shares repurchased		0	0	0
Aggregate cost of shares repurchased		$ 0	$ 0	$ 0
Series Common Stock [Member]
Class of Stock [Line Items]
Series Common stock, shares authorized		25,000,000
Series Common stock, par value		$ 0.01
Common stock, shares outstanding		0
Series Preferred Stock [Member]
Class of Stock [Line Items]
Preferred Stock, shares authorized		25,000,000
Preferred Stock, par value		$ 0.01
Preferred stock, share outstanding		0

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Dividends Paid Per Share (Detail) - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Class A Common Stock [Member]
Class of Stock [Line Items]
Cash dividends paid per share	$ 0.20	$ 0.20	$ 0
Class B Common Stock [Member]
Class of Stock [Line Items]
Cash dividends paid per share	$ 0.20	$ 0.20	$ 0

Stockholders' Equity - Summar85

Stockholders' Equity - Summary of Total Number and Value of Shares Repurchased (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Equity [Abstract]
Total cost of repurchases	$ 0	$ 39	$ 32
Total number of shares repurchased	0	3.1	2.1

Equity-Based Compensation - Add

Equity-Based Compensation - Additional Information (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
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		$ 52
Tax benefit recognized on vested performance stock units, restricted stock units and stock options exercised		$ 17	$ 11	$ 17
Stock units granted	[1]	4,502,000	3,472,000	2,975,000
Stock based compensation award, vested	[2]	2,387,000	1,913,000	3,131,000
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		400,000	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		5,500,000	4,200,000	3,400,000
Stock based compensation award, vested		2,800,000	1,200,000	2,000,000
Settled in Cash [Member] | Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation award, vested		1,000,000	200,000	500,000
Stock based compensation award		$ 13.1	$ 3.3	$ 8.2
Settled in Stock [Member] | Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		400,000	300,000	500,000
Settled in Stock [Member] | Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock units granted		4,100,000	3,000,000	2,300,000
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)		2 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 2017, includes 4.1 million target PSUs and 0.4 million RSUs granted. 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.
[2]	The fair value of PSUs and RSUs held by the Company's employees that vested during the fiscal years ended June 30, 2017, 2016 and 2015 was $44 million, $26 million and $32 million, 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, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total Equity compensation expense	$ 38	$ 55	$ 53
Total intrinsic value of stock options exercised	$ 2	$ 3	$ 24

Equity-Based Compensation - S88

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, 2017		Jun. 30, 2016		Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Unvested units at beginning of the year		7,773	[1]	8,355	[1]	7,222
Number of shares, Granted	[2]	4,502		3,472		2,975
Number of shares, Vested	[3]	(2,387)		(1,913)		(3,131)
Number of shares, Cancelled	[4]	(1,236)		(2,141)		(1,202)
Number of shares, Unvested units at the end of the year	[1]	8,652		7,773		8,355
Weighted average grant-date fair value, Unvested units at beginning of the year		$ 17.34	[1]	$ 16.77	[1]	$ 13
Weighted average grant-date fair value, Granted	[2]	14.69		15.51		17.29
Weighted average grant-date fair value, Vested	[3]	18.38		13.56		10.19
Weighted average grant-date fair value, Cancelled	[4]	17.08		15.76		11.36
Weighted average grant-date fair value, Unvested units at the end of the year	[1]	$ 15.57		$ 17.34		$ 16.77
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		400		300		500
Number of shares, Cancelled		(100)		(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		0		2,491
Weighted average grant-date fair value, assumed in business acquisition	[5]	$ 0		$ 0		$ 15.20
[1]	The intrinsic value of these unvested RSUs and target PSUs was approximately $119 million as of June 30, 2017.
[2]	For fiscal 2017, includes 4.1 million target PSUs and 0.4 million RSUs granted. 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.
[3]	The fair value of PSUs and RSUs held by the Company's employees that vested during the fiscal years ended June 30, 2017, 2016 and 2015 was $44 million, $26 million and $32 million, respectively.
[4]	For fiscal 2017, includes 0.7 million of target PSUs and 0.1 million RSUs cancelled and a payout adjustment of 0.4 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2014 that vested during fiscal 2017. 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.
[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 - S89

Equity-Based Compensation - Summary of Activity from Continuing and Discontinued Operations Related to Target PSUs and RSUs Settled in Shares (Parenthetical) (Detail) - USD ($) shares in Thousands, $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted	[1]	4,502	3,472	2,975
Number of shares, Cancelled	[2]	1,236	2,141	1,202
Fair value of PSUs and RSUs vested during the period		$ 44	$ 26	$ 32
Intrinsic value of unvested RSUs and target PSUs		$ 119
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		400	300	500
Number of shares, Cancelled		100	300	300
Restricted Stock Units [Member] | Settled in Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		400	300	500
Performance Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		5,500	4,200	3,400
Payout adjustment of performance share units		400	200	200
Number of shares, Cancelled		700	800	300
Payout adjustment of performance share units		400	200	200
Performance Stock Units [Member] | Settled in Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Granted		4,100	3,000	2,300
[1]	For fiscal 2017, includes 4.1 million target PSUs and 0.4 million RSUs granted. 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.
[2]	For fiscal 2017, includes 0.7 million of target PSUs and 0.1 million RSUs cancelled and a payout adjustment of 0.4 million PSUs due to the actual performance level achieved for PSUs granted in fiscal 2014 that vested during fiscal 2017. 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.

Equity-Based Compensation - S90

Equity-Based Compensation - Summary of Stock Option Transactions (Detail) - $ / shares shares in Thousands		12 Months Ended
		Jun. 30, 2017		Jun. 30, 2016		Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, Outstanding at the beginning of the year		1,238		2,008		263
Options, Exercised		(354)		(508)		(2,521)
Options, Cancelled		(218)		(262)		(70)
Options, Outstanding at the end of the year		666		1,238		2,008
Options, Exercisable at the end of the year	[1]	585		945		1,117
Weighted average exercise price, Outstanding at the beginning of the year		$ 9.03	[2]	$ 8.82	[2]	$ 6.25
Weighted average exercise price, Exercised		7.78		7.34		6.22
Weighted average exercise price, Cancelled		15		10.75		8.37
Weighted average exercise price, Outstanding at the end of the year	[2]	$ 7.74		$ 9.03		$ 8.82
Move Inc [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, assumed in business acquisition	[3]	0		0		4,336
Weighted average exercise price, assumed in business acquisition	[3]	$ 0		$ 0		$ 7.46
[1]	The weighted average remaining contractual life of options exercisable as of June 30, 2017 was 5.05 years.
[2]	The intrinsic value of options outstanding held by the Company's employees as of June 30, 2017, 2016 and 2015 was $4.0 million, $3.0 million and $12.8 million, respectively. The weighted average remaining contractual life of options outstanding as of June 30, 2017 was 5.26 years.
[3]	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 - S91

Equity-Based Compensation - Summary of Stock Option Transactions (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Intrinsic value of options outstanding	$ 4	$ 3	$ 12.8
Weighted average remaining contractual life, options outstanding	5 years 3 months 4 days
Weighted average remaining contractual life, options exercisable	5 years 18 days

(Loss) Earnings Per Share - Com

(Loss) Earnings Per Share - Computation of Basic and Diluted (Loss) Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended								12 Months Ended
		Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
(Loss) income from continuing operations		$ (429)	$ (5)	$ (289)	$ (15)	$ 95	$ (147)	$ 87	$ 129	$ (643)	$ 235	$ 367
Less: Net income attributable to noncontrolling interests										(95)	(71)	(69)
Less: Redeemable preferred stock dividends	[1]									(2)	(2)	(2)
(Loss) income from continuing operations available to News Corporation stockholders										(740)	162	296
Income (loss) from discontinued operations, net of tax, available to News Corporation stockholders										0	15	(445)
Net (loss) income available to News Corporation stockholders										$ (740)	$ 177	$ (149)
Weighted-average number of shares of common stock outstanding-basic										581.4	580.6	581
Dilutive effect of equity awards	[2]									0	1.9	1.6
Weighted-average number of shares of common stock outstanding-diluted										581.4	582.5	582.6
(Loss) income from continuing operations available to News Corporation stockholders per share-basic and diluted		$ (0.74)	$ (0.01)	$ (0.50)	$ (0.03)	$ 0.16	$ (0.26)	$ 0.15	$ 0.22	$ (1.27)	$ 0.28	$ 0.51
Income (loss) from discontinued operations available to News Corporation stockholders per share-basic and diluted		$ 0	$ 0	$ 0	$ 0	$ (0.01)	$ 0	$ (0.04)	$ 0.08	0	0.02	(0.77)
Net (loss) income available to News Corporation stockholders per share-basic and diluted										$ (1.27)	$ 0.30	$ (0.26)
[1]	Refer to Note 10-Redeemable Preferred Stock
[2]	The dilutive impact of the Company's PSUs, RSUs and stock options has been excluded from the calculation of diluted (loss) earnings per share for the fiscal ended June 30, 2017 because their inclusion would have an antidilutive effect on the net loss per share.

Related Party Transactions - Sc

Related Party Transactions - Schedule of Net Revenue from Related Parties (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Related party revenue, net of expense	$ 307	$ 319	$ 281

Related Party Transactions - 94

Related Party Transactions - Schedule of Amount of Receivables Due from and Payable to Related Parties (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Related Party Transactions [Abstract]
Accounts receivable from related parties	$ 92	$ 86
Notes receivable from related parties	370	338
Accounts payable to related parties	$ 13	$ 31

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Commitments by Fiscal Year Maturity (Detail) - USD ($) $ in Millions		Jun. 30, 2017	Jun. 30, 2016
Commitments and Contingencies [Line Items]
Total debt		$ 379	$ 372
Borrowings, Payments due Less than 1 year		92
Borrowings, Payments due More than 5 years		0
Total commitments and contractual obligations		4,418
Commitments and contractual obligations, Payments due Less than 1 year		908
Commitments and contractual obligations, Payments due 1-3 years		1,416
Commitments and contractual obligations, Payments due 3-5 years		844
Commitments and contractual obligations, Payments due More than 5 years		1,250
Borrowings [Member]
Commitments and Contingencies [Line Items]
Total debt	[1]	380
Borrowings, Payments due Less than 1 year	[1]	103
Borrowings, Payments due 1-3 years	[1]	277
Operating leases Borrowings Payments due 3-5 years	[1]	0
Borrowings, Payments due More than 5 years	[1]	0
Purchase Obligations [Member]
Commitments and Contingencies [Line Items]
Purchase obligations, Total	[2]	1,105
Purchase obligations, Payments due Less than 1 year	[2]	422
Purchase obligations, Payments due 1-3 years	[2]	350
Purchase obligations, Payments due 3-5 years	[2]	195
Purchase obligations, Payments due More than 5 years	[2]	138
Sports Programming Rights [Member]
Commitments and Contingencies [Line Items]
Sports programming rights, Total	[3]	1,287
Sports programming rights, Payments due Less than 1 year	[3]	223
Sports programming rights, Payments due 1-3 years	[3]	502
Sports programming rights, Payments due 3-5 years	[3]	427
Sports programming rights, Payments due More than 5 years	[3]	135
Land and Buildings [Member]
Commitments and Contingencies [Line Items]
Operating leases, Total	[4]	1,641
Operating leases, Payments due Less than 1 year	[4]	157
Operating leases, Payments due 1-3 years	[4]	285
Operating leases, Payments due 3-5 years	[4]	222
Operating leases, Payments due More than 5 years	[4]	977
Plant and Machinery [Member]
Commitments and Contingencies [Line Items]
Operating leases, Total	[4]	5
Operating leases, Payments due Less than 1 year	[4]	3
Operating leases, Payments due 1-3 years	[4]	2
Operating leases, Payments due 3-5 years	[4]	0
Operating leases, Payments due More than 5 years	[4]	$ 0
[1]	Primarily represents the REA Facility based on the contractual maturity date of the various sub facilities included within the agreement. (See Note 9-Borrowings).
[2]	The Company has commitments under purchase obligations related to printing contracts, capital projects, marketing agreements, production services and other legally binding commitments.
[3]	The Company has sports programming rights commitments with National Rugby League, Football Federation Australia, Australian Rugby Union and International Cricket as well as certain other broadcast rights which are payable through fiscal 2023.
[4]	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 $210 million of land and office facilities that have been subleased from 21st Century Fox.

Commitments and Contingencies96

Commitments and Contingencies - Schedule of Commitments by Fiscal Year Maturity (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Jun. 30, 2017USD ($)
Commitments and Contingencies Disclosure [Abstract]
Rights payable period	2,023
Operating leases, expected payment period	2,062
Subleases from 21st Century Fox	$ 210

Commitments and Contingencies97

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Millions	Jun. 06, 2016	Feb. 29, 2016	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Loss Contingencies [Line Items]
Litigation amount payment to plaintiffs				$ 250
Litigation settlement	$ 130	$ 30	$ 130
Selling, general and administrative expenses, net				2,725	$ 2,722	$ 2,627
Indemnification asset			513	523	513
Gain on litigation settlement			$ 122		122
Percentage received on litigation settlement	10.00%
U.K. Newspaper Matters [Member]
Loss Contingencies [Line Items]
Selling, general and administrative expenses, net				10	$ 19	$ 50
Litigation liability accrued				132
U.K. Newspaper Matters Indemnification [Member] | 21st Century Fox [Member]
Loss Contingencies [Line Items]
Indemnification asset				$ 82

Retirement Benefit Obligation98

Retirement Benefit Obligations - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Net pension and postretirement benefits liability	$ 312	$ 356
Net periodic benefit costs	1	8	$ (4)
Pension plan contributions for next fiscal year	24
Pension Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Accumulated pension benefit obligations	$ 1,567	$ 1,588
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Pension asset portfolio, percentage	22.00%
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	16.00%

Retirement Benefit Obligation99

Retirement Benefit Obligations - Schedule of Amounts Recognized in Balance Sheets (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Other non-current assets	$ 17	$ 4
Other current liabilities	(10)	(10)
Retirement benefit obligations	(319)	(350)
Net amount recognized	(312)	(356)
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Other non-current assets	0	0
Other current liabilities	0	0
Retirement benefit obligations	(91)	(109)
Net amount recognized	(91)	(109)
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Other non-current assets	17	4
Other current liabilities	(1)	(1)
Retirement benefit obligations	(120)	(124)
Net amount recognized	(104)	(121)
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Other non-current assets	0	0
Other current liabilities	(9)	(9)
Retirement benefit obligations	(108)	(117)
Net amount recognized	$ (117)	$ (126)

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, 2017	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation, beginning of the year		$ 1,723	$ 1,787
Service cost		9	10	$ 12
Interest cost		44	66	72
Benefits paid		(70)	(81)
Settlements	[1]	(36)	(44)
Actuarial loss/(gain)	[2]	47	179
Foreign exchange rate changes		(15)	(190)
Plan curtailments		0	(4)
Amendments, transfers and other		(1)	0
Projected benefit obligation, end of the year		1,701	1,723	1,787
Beginning balance		1,367	1,506
Actual return on plan assets		106	121
Employer contributions		26	26
Benefits paid		(62)	(73)
Settlements	[1]	(36)	(44)
Foreign exchange rate changes		(12)	(169)
Amendments, transfers and other		0	0
Ending balance		1,389	1,367	1,506
Funded status		(312)	(356)
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation, beginning of the year		396	382
Service cost		0	0	1
Interest cost		12	17	17
Benefits paid		(23)	(18)
Settlements	[1]	(13)	(11)
Actuarial loss/(gain)	[2]	(4)	28
Foreign exchange rate changes		0	0
Plan curtailments		0	(2)
Amendments, transfers and other		0	0
Projected benefit obligation, end of the year		368	396	382
Beginning balance		287	302
Actual return on plan assets		23	14
Employer contributions		3	0
Benefits paid		(23)	(18)
Settlements	[1]	(13)	(11)
Foreign exchange rate changes		0	0
Amendments, transfers and other		0	0
Ending balance		277	287	302
Funded status		(91)	(109)
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation, beginning of the year		1,201	1,272
Service cost		9	10	11
Interest cost		29	44	49
Benefits paid		(39)	(55)
Settlements	[1]	(23)	(33)
Actuarial loss/(gain)	[2]	54	153
Foreign exchange rate changes		(15)	(188)
Plan curtailments		0	(2)
Amendments, transfers and other		0	0
Projected benefit obligation, end of the year		1,216	1,201	1,272
Beginning balance		1,080	1,204
Actual return on plan assets		83	107
Employer contributions		23	26
Benefits paid		(39)	(55)
Settlements	[1]	(23)	(33)
Foreign exchange rate changes		(12)	(169)
Amendments, transfers and other		0	0
Ending balance		1,112	1,080	1,204
Funded status		(104)	(121)
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation, beginning of the year		126	133
Service cost		0	0	0
Interest cost		3	5	6
Benefits paid		(8)	(8)
Settlements	[1]	0	0
Actuarial loss/(gain)	[2]	(3)	(2)
Foreign exchange rate changes		0	(2)
Plan curtailments		0	0
Amendments, transfers and other		(1)	0
Projected benefit obligation, end of the year		117	126	133
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		0	0
Ending balance		0	0	$ 0
Funded status		$ (117)	$ (126)
[1]	Amounts related to payments made to former employees of the Company in full settlement of their deferred pension benefits.
[2]	Fiscal 2017 actuarial losses for the Company's foreign pension plans are primarily related to the decrease in discount rates used in measuring plan obligations as of June 30, 2017. Fiscal 2017 actuarial gains related to domestic pension plans primarily relate to the increase in discount rates for the U.S. plans used in measuring plan obligations as of June 30, 2017. 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.

Retirement Benefit Obligatio101

Retirement Benefit Obligations - Schedule of Amounts Recognized in Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	$ 594	$ 612
Prior service (benefit) cost	(31)	(34)
Net amounts recognized	563	578
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	142	158
Prior service (benefit) cost	0	0
Net amounts recognized	142	158
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	453	452
Prior service (benefit) cost	0	0
Net amounts recognized	453	452
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	(1)	2
Prior service (benefit) cost	(31)	(34)
Net amounts recognized	$ (32)	$ (32)

Retirement Benefit Obligatio102

Retirement Benefit Obligations - Schedule of Amounts in Accumulated Other Comprehensive Loss Expected to be Recognized as Component of Net Periodic Benefit Cost (Detail) $ in Millions	12 Months Ended
	Jun. 30, 2017USD ($)
Defined Benefit Plan Disclosure [Line Items]
Actuarial losses (gains)	$ 22
Prior service (benefit) cost	(3)
Net amounts recognized	19
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	(3)
Net amounts recognized	$ (3)

Retirement Benefit Obligatio103

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, 2017	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 1,701	$ 1,723	$ 1,787
Fair value of plan assets	1,389	1,367	1,506
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	368	396	382
Accumulated benefit obligation	368	396
Fair value of plan assets	277	287	302
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	1,216	1,201	1,272
Accumulated benefit obligation	1,198	1,192
Fair value of plan assets	1,112	1,080	$ 1,204
Funded Plans [Member] | Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	354	383
Accumulated benefit obligation	354	383
Fair value of plan assets	277	287
Funded Plans [Member] | Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	1,144	1,131
Accumulated benefit obligation	1,126	1,122
Fair value of plan assets	1,112	1,080
Unfunded Plans [Member] | Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	14	13
Accumulated benefit obligation	14	13
Fair value of plan assets	0	0
Unfunded Plans [Member] | Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	72	70
Accumulated benefit obligation	72	70
Fair value of plan assets	$ 0	$ 0

Retirement Benefit Obligatio104

Retirement Benefit Obligations - Schedule of Accumulated Benefit Obligation Exceeds Fair Value of Plan Assets (Detail) - Foreign Pension Benefits [Member] - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 622	$ 891
Accumulated benefit obligation	622	891
Fair value of plan assets	509	773
Funded Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	550	821
Accumulated benefit obligation	550	821
Fair value of plan assets	509	773
Unfunded Plans [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	72	70
Accumulated benefit obligation	72	70
Fair value of plan assets	$ 0	$ 0

Retirement Benefit Obligatio105

Retirement Benefit Obligations - Schedule of Components of Net Periodic Costs (Income) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	$ 9	$ 10	$ 12
Interest costs on projected benefit obligations	44	66	72
Expected return on plan assets	(75)	(81)	(93)
Amortization of deferred losses	21	18	16
Amortization of prior service costs	(4)	(7)	(13)
Settlements, curtailments and other	6	2	2
Net periodic benefits costs (income) - Total	1	8	(4)
Domestic Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	0	0	1
Interest costs on projected benefit obligations	12	17	17
Expected return on plan assets	(18)	(19)	(22)
Amortization of deferred losses	5	4	3
Amortization of prior service costs	0	0	0
Settlements, curtailments and other	3	0	2
Net periodic benefits costs (income) - Total	2	2	1
Foreign Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	9	10	11
Interest costs on projected benefit obligations	29	44	49
Expected return on plan assets	(57)	(62)	(71)
Amortization of deferred losses	16	14	13
Amortization of prior service costs	0	0	0
Settlements, curtailments and other	3	2	0
Net periodic benefits costs (income) - Total	0	8	2
Postretirement Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost benefits earned during the period	0	0	0
Interest costs on projected benefit obligations	3	5	6
Expected return on plan assets	0	0	0
Amortization of deferred losses	0	0	0
Amortization of prior service costs	(4)	(7)	(13)
Settlements, curtailments and other	0	0	0
Net periodic benefits costs (income) - Total	$ (1)	$ (2)	$ (7)

Retirement Benefit Obligatio106

Retirement Benefit Obligations - Schedule of Assumptions Used (Detail)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Domestic Pension Benefits [Member]
Weighted-average assumptions used to determine benefit obligations
Discount rate	3.80%	3.70%	4.50%
Rate of increase in future compensation			3.00%
Weighted-average assumptions used to determine net periodic benefit cost
Discount rate for PBO	3.80%	4.50%	4.50%
Discount rate for Service Cost	4.10%	4.50%	4.50%
Discount rate for Interest on PBO	3.00%	4.50%	4.50%
Discount rate for Interest on Service Cost	3.80%	4.50%	4.50%
Expected return on plan assets	6.50%	6.50%	7.00%
Rate of increase in future compensation		3.00%	3.00%
Foreign Pension Benefits [Member]
Weighted-average assumptions used to determine benefit obligations
Discount rate	2.70%	2.90%	3.70%
Rate of increase in future compensation	2.80%	2.70%	2.90%
Weighted-average assumptions used to determine net periodic benefit cost
Discount rate for PBO	2.90%	3.70%	4.20%
Discount rate for Service Cost	3.10%	3.70%	4.20%
Discount rate for Interest on PBO	2.50%	3.70%	4.20%
Discount rate for Interest on Service Cost	2.90%	3.70%	4.20%
Expected return on plan assets	5.50%	5.50%	6.20%
Rate of increase in future compensation	2.70%	2.90%	3.60%
Postretirement Benefits [Member]
Weighted-average assumptions used to determine benefit obligations
Discount rate	3.50%	3.40%	4.20%
Weighted-average assumptions used to determine net periodic benefit cost
Discount rate for PBO	3.40%	4.20%	4.00%
Discount rate for Service Cost	3.70%	4.20%	4.00%
Discount rate for Interest on PBO	2.60%	4.20%	4.00%
Discount rate for Interest on Service Cost	3.20%	4.20%	4.00%

Retirement Benefit Obligatio107

Retirement Benefit Obligations - Schedule of Health Care Cost Trend Rates (Detail) - Postretirement Benefits [Member]	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Health care cost trend rate	6.80%	6.70%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	4.60%	4.50%
Year that the rate reaches the ultimate trend rate	2,027	2,028

Retirement Benefit Obligatio108

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, 2017USD ($)
Compensation and Retirement Disclosure [Abstract]
Benefit Obligation, One percentage point increase	$ 3
Benefit Obligation, One percentage point decrease	(2)
Service and Interest Costs, One percentage point increase	0
Service and Interest Costs, One percentage point decrease	$ 0

Retirement Benefit Obligatio109

Retirement Benefit Obligations - Schedule of Expected Benefit Payments (Detail) $ in Millions	Jun. 30, 2017USD ($)
Fiscal year:
2,018	$ 84
2,019	78
2,020	81
2,021	82
2,022	85
2023-2027	423
Domestic Pension Benefits [Member]
Fiscal year:
2,018	24
2,019	21
2,020	21
2,021	21
2,022	21
2023-2027	105
Foreign Pension Benefits [Member]
Fiscal year:
2,018	51
2,019	48
2,020	51
2,021	52
2,022	55
2023-2027	280
Postretirement Benefits [Member]
Fiscal year:
2,018	9
2,019	9
2,020	9
2,021	9
2,022	9
2023-2027	$ 38

Retirement Benefit Obligatio110

Retirement Benefit Obligations - Schedule of Allocation of Plan Assets (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 1,389	$ 1,367	$ 1,506
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	1	0
Domestic Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	78	81
International Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	196	244
Domestic Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	151	160
International Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	642	618
Balanced Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	255	251
Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	66	13
Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	55	2
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	55	2
Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	183	188
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	1	0
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	182	188
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	11	$ 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	11
NAV [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,140	1,166
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	78	81
NAV [Member] | International Equity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	196	244
NAV [Member] | Domestic Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	151	160
NAV [Member] | International Fixed Income Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	642	618
NAV [Member] | Balanced Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	73	63
NAV [Member] | Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

Retirement Benefit Obligatio111

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, 2017	Jun. 30, 2016
Defined Benefit Plan Disclosure [Line Items]
Beginning balance	$ 1,367	$ 1,506
Actual return on plan assets:
Ending balance	1,389	1,367
Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Beginning balance	11	12
Actual return on plan assets:
Actual return on plan assets, Relating to assets still held at end of period	0	0
Actual return on plan assets, Relating to assets sold during the period	0	0
Purchases, sales, settlements and issuances	0	(1)
Transfers in and out of Level 3	0	0
Ending balance	$ 11	$ 11

Retirement Benefit Obligatio112

Retirement Benefit Obligations - Schedule of Weighted-Average Asset Allocations, by Asset Category (Detail)	Jun. 30, 2017	Jun. 30, 2016
Asset Category:
Benefit plan weighted-average asset allocations	100.00%	100.00%
Equity Securities [Member]
Asset Category:
Benefit plan weighted-average asset allocations	22.00%	26.00%
Debt Securities [Member]
Asset Category:
Benefit plan weighted-average asset allocations	62.00%	62.00%
Cash and Other [Member]
Asset Category:
Benefit plan weighted-average asset allocations	16.00%	12.00%

Other Postretirement Benefits -

Other Postretirement Benefits - Additional Information (Detail) $ in Millions	12 Months Ended
	Jun. 30, 2017USD ($)plan	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Defined Contribution Plan Disclosure [Line Items]
Number of funded status of defined benefit pension plans | plan	2
Employer contributions to defined contribution plans	$ 137	$ 132	$ 138
Unfunded obligation of plan	40	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 Red Zone [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 total contributions	65.00%
Minimum [Member] | Plans in Green Zone [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of total contributions	5.00%
Maximum [Member] | Plans in Red Zone [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of total contributions	65.00%
Maximum [Member] | Plans in Yellow Zone [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of total contributions	80.00%
Maximum [Member] | Plans in Green Zone [Member]
Defined Contribution Plan Disclosure [Line Items]
Percentage of total contributions	80.00%

Income Taxes - Schedule of (Los

Income Taxes - Schedule of (Loss) Income from Continuing Operations Before Income Tax Expense (Benefit) Attributable to Jurisdictions (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
U.S.	$ 84	$ (125)	$ 148
Foreign	(699)	306	404
(Loss) income from continuing operations before income tax (expense) benefit	$ (615)	$ 181	$ 552

Income Taxes - Schedule of Comp

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Current:
Federal		$ 1	$ 15	$ 35
State & local		4	5	11
Foreign		118	102	135
Total current tax		123	122	181
Deferred:
Federal		57	(71)	16
State & local		(1)	(106)	1
Foreign		(151)	1	(13)
Total deferred tax		(95)	(176)	4
Total income tax expense (benefit)	[1]	$ 28	$ (54)	$ 185
[1]	The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal year 2016. In addition, a tax benefit of $30 million related to the operations of the Digital Education segment was recorded to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal 2016. The tax expense (benefit) 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 federal current tax benefits attributed to discontinued operations.

Income Taxes - Schedule of C116

Income Taxes - Schedule of Components of Income Tax Expense (Benefit) (Parenthetical) (Detail) - Digital Education [Member] - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Income Taxes Disclosure [Line Items]
Income tax benefit	$ 0	$ 174	$ 51
Tax Benefits of Discontinued Operations [Member]
Income Taxes Disclosure [Line Items]
Income tax benefit discontinued operations		144
Income tax benefit		$ 30

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate Reconciliation (Detail)		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
U.S. federal income tax rate		35.00%	35.00%	35.00%
State and local taxes, net		0.00%	(8.00%)	1.00%
Effect of foreign operations	[1]	(17.00%)	(1.00%)	(2.00%)
Change in valuation allowance	[2]	(7.00%)	(62.00%)	0.00%
Income tax audit settlements	[3]	(10.00%)	0.00%	0.00%
Non-deductible goodwill and asset impairment	[4]	(7.00%)	0.00%	0.00%
Non-deductible compensation and benefits		(1.00%)	3.00%	1.00%
R&D credits		1.00%	(2.00%)	(1.00%)
Other, net		1.00%	5.00%	0.00%
Effective tax rate	[5]	(5.00%)	(30.00%)	34.00%
[1]	The Company's effective tax rate is impacted by the geographic mix of its pre-tax income. 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. As indicated in the pre-tax income table above, for the fiscal year ended June 30, 2017, the Company recorded a pre-tax loss on a consolidated basis comprised of pre-tax income in the U.S. and pre-tax losses in foreign jurisdictions which includes impairments and write-downs of approximately $1 billion. The losses in our foreign operations had the effect of reducing the tax benefit of consolidated pre-tax losses measured at the U.S. statutory rate by $98 million resulting in a lower effective tax rate. For the fiscal years ended June 30, 2016 and June 30, 2015, the Company recorded pre-tax book income on a consolidated basis with pre-tax income in foreign jurisdictions. Accordingly, the effect of foreign operations at lower tax rates decreased the Company's effective tax rate.
[2]	For the fiscal year ended June 30, 2017, valuation allowance increased by $40 million related to foreign net operating losses, which more likely than not will not be utilized. For the fiscal year ended June 30, 2016, 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.
[3]	In fiscal year ended June 30, 2017, the Company reached an agreement with a foreign tax authority to settle certain tax issues related to fiscal years 2010 through 2015. As a result of the settlement, the Company recorded net income tax expense of $63 million. See Uncertain Tax Positions below.
[4]	The Company recorded non-cash charges of $48 million related to the impairment of Goodwill and a write-down of $360 million on U.K. fixed assets which reduced the Company's tax benefit by $12 million and $29 million, respectively. These impairments and write-downs have an impact on our effective tax rate to the extent a tax benefit is not recorded.
[5]	For the fiscal year ended June 30, 2017, the effective tax rate of (5)% represents income tax expense when compared to consolidated pre-tax book loss. 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. 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 Inc118

Income Taxes - Effective Income Tax Rate Reconciliation (Parenthetical) (Detail) - USD ($) $ in Millions		3 Months Ended	12 Months Ended
		Jun. 30, 2017	Jun. 30, 2017		Jun. 30, 2016	Jun. 30, 2015
Income Taxes Disclosure [Line Items]
Fixed-asset impairment charges		$ 464	$ 679
Reduction of tax benefit of consolidated pre-tax losses measured at the U.S. statutory rate			98
Foreign tax authority settlement, net income tax expense			63
Non-cash impairment charge			785		$ 0	$ 0
Non-cash impairment charge			$ 48	[1]	$ 0
Effective tax rate	[2]		(5.00%)		(30.00%)	34.00%
Goodwill [Member]
Income Taxes Disclosure [Line Items]
Non-deductible goodwill and asset impairment			$ 12
United Kingdom Fixed Assets [Member]
Income Taxes Disclosure [Line Items]
Non-cash impairment charge			360
Non-deductible goodwill and asset impairment			29
U.S. Federal [Member] | Valuation Allowance, Operating Loss Carryforwards [Member]
Income Taxes Disclosure [Line Items]
Change in valuation allowance tax benefit					$ 106
Foreign Tax Authority [Member]
Income Taxes Disclosure [Line Items]
Fixed-asset impairment charges			1,000
Foreign Tax Authority [Member] | Valuation Allowance, Operating Loss Carryforwards [Member]
Income Taxes Disclosure [Line Items]
Change in valuation allowance tax benefit			$ 40
[1]	In the News and Information Services segment, the write-down of goodwill primarily relates to a reporting unit in the UK. In the Digital Real Estate Services segment, the write-down of goodwill relates to the Company's DIAKRIT reporting unit.
[2]	For the fiscal year ended June 30, 2017, the effective tax rate of (5)% represents income tax expense when compared to consolidated pre-tax book loss. 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. 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, 2017	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Deferred income tax assets	$ 525	$ 602
Deferred income tax liabilities	(61)	(171)
Net deferred tax assets	$ 464	$ 431

Income Taxes - Schedule of C120

Income Taxes - Schedule of Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Deferred tax assets:
Accrued liabilities	$ 80	$ 185
Capital loss carryforwards	904	803
Retirement benefit obligations	101	112
Net operating loss carryforwards	473	580
Business credits	69	38
Other	284	213
Total deferred tax assets	1,911	1,931
Deferred tax liabilities:
Asset basis difference and amortization	(204)	(421)
Other	(56)	(65)
Total deferred tax liabilities	(260)	(486)
Net deferred tax asset before valuation allowance	1,651	1,445
Less: valuation allowance (See Note 21-Valuation and Qualifying Accounts)	(1,187)	(1,014)
Net deferred tax assets	$ 464	$ 431

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, 2017USD ($)
U.S. Federal [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards, Amount	$ 783
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, 2037
U.S. States [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards period expiration, description	Various
Net Operating Loss Carryforwards, Amount	$ 530
Foreign Tax Authority [Member] | Australia [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards period expiration, description	Indefinite
Net Operating Loss Carryforwards, Amount	$ 239
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	$ 10
Other Foreign [Member]
Operating Loss Carryforwards [Line Items]
Net Operating Loss Carryforwards period expiration, description	Various
Net Operating Loss Carryforwards, Amount	$ 388

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Income Tax Contingency [Line Items]
Deferred tax asset	$ 1,911,000,000	$ 1,931,000,000
Unrecognized tax benefits	64,000,000	86,000,000	$ 129,000,000	$ 58,000,000
Valuation allowance recorded	1,187,000,000	1,014,000,000
Interest and penalties	11,000,000	(1,000,000)	6,000,000
Interest and penalty accrual	3,000,000	6,000,000	8,000,000
Foreign tax authority settlement, net income tax expense, including interest and penalties	63,000,000
Current foreign tax expense	118,000,000	102,000,000	135,000,000
Deferred foreign tax expense	(151,000,000)	1,000,000	(13,000,000)
Amount that affect effective income tax rate	34,000,000
Undistributed earnings of foreign subsidiaries	2,400,000,000
Income taxes paid	132,000,000	103,000,000	134,000,000
Income tax refunds	9,000,000	10,000,000	$ 8,000,000
Net Operating Loss Carryforwards [Member]
Income Tax Contingency [Line Items]
Deferred tax asset	473,000,000	580,000,000
Unrecognized tax benefits	46,000,000	53,000,000
Valuation allowance recorded	149,000,000	97,000,000
Capital Loss Carryforward [Member]
Income Tax Contingency [Line Items]
Deferred tax asset	904,000,000	803,000,000
Valuation allowance recorded	904,000,000	803,000,000
Capital Loss Carryforward [Member] | Australia [Member]
Income Tax Contingency [Line Items]
Capital loss carryforwards	2,000,000,000
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	19,000,000
Settlement with Taxing Authority [Member]
Income Tax Contingency [Line Items]
Current foreign tax expense	20,000,000
Deferred foreign tax expense	43,000,000
U.S. Federal [Member]
Income Tax Contingency [Line Items]
Capital loss carryforwards	36,000,000
U.S. Federal [Member] | Valuation Allowance, Operating Loss Carryforwards [Member]
Income Tax Contingency [Line Items]
Change in valuation allowance tax benefit		$ 106,000,000
U.S. Federal [Member] | Foreign Tax Credits [Member]
Income Tax Contingency [Line Items]
Foreign tax credits	$ 23,000,000
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	$ 13,000,000
Capital loss carryforwards, expiration date	Jun. 30, 2036
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Capital loss carryforwards	$ 7,000,000
Capital loss carryforwards, expiration date	Jun. 30, 2025
Foreign Tax Authority [Member] | Valuation Allowance, Operating Loss Carryforwards [Member]
Income Tax Contingency [Line Items]
Change in valuation allowance tax benefit	$ 40,000,000
U.S. States [Member]
Income Tax Contingency [Line Items]
Capital loss carryforwards	26,000,000
State and Foreign Country Jurisdiction [Member]
Income Tax Contingency [Line Items]
Valuation allowance recorded	$ 7,000,000

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, 2017	Jun. 30, 2016	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Balance, beginning of period	$ 86	$ 129	$ 58
Additions for prior year tax positions	107	6	79
Additions for current year tax positions	5	4	4
Reduction for prior year tax positions	(9)	(40)	(7)
Lapse of the statute of limitations	(8)	(2)	0
Settlement-cash	(21)	(2)	0
Settlement-tax attributes	(94)	0	0
Impact of currency translations	(2)	(9)	(5)
Balance, end of period	$ 64	$ 86	$ 129

Income Taxes - Summary of Major

Income Taxes - Summary of Major Tax Jurisdictions and Fiscal Years Open to Examination (Detail)	12 Months Ended
	Jun. 30, 2017
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	2,016
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	2,012
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	2,016
Foreign Tax Authority [Member] | Maximum [Member] | U.K. [Member]
Operating Loss Carryforwards [Line Items]
Fiscal Years Open to Examination	2,016

Segment Information - Additiona

Segment Information - Additional Information (Detail)	12 Months Ended
	Jun. 30, 2017CountryBrandDistributorSegment
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	8

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, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Revenues		$ 2,080	$ 1,978	$ 2,116	$ 1,965	$ 2,226	$ 1,891	$ 2,161	$ 2,014	$ 8,139	$ 8,292	$ 8,524
Depreciation and amortization										(449)	(505)	(498)
Impairment and restructuring charges										(927)	(89)	(84)
Equity (losses) earnings of affiliates										(295)	30	58
Interest, net										39	43	56
Other, net										132	18	75
(Loss) income from continuing operations before income tax (expense) benefit										(615)	181	552
Income tax (expense) benefit	[1]									(28)	54	(185)
(Loss) income from continuing operations		$ (429)	$ (5)	$ (289)	$ (15)	$ 95	$ (147)	$ 87	$ 129	(643)	235	367
News and Information Services [Member]
Segment Reporting Information [Line Items]
Revenues										5,069	5,338	5,731
Segment EBITDA										414	214	603
Depreciation and amortization										(283)	(347)	(365)
Book Publishing [Member]
Segment Reporting Information [Line Items]
Revenues										1,636	1,646	1,667
Segment EBITDA										199	185	221
Depreciation and amortization										(52)	(55)	(52)
Digital Real Estate Services [Member]
Segment Reporting Information [Line Items]
Revenues										938	822	625
Segment EBITDA										324	344	201
Depreciation and amortization										(78)	(69)	(44)
Cable Network Programming [Member]
Segment Reporting Information [Line Items]
Revenues										494	484	500
Segment EBITDA										123	124	135
Depreciation and amortization										(32)	(29)	(33)
Other [Member]
Segment Reporting Information [Line Items]
Revenues										2	2	1
Segment EBITDA										(175)	(183)	(215)
Depreciation and amortization										$ (4)	$ (5)	$ (4)
[1]	The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal year 2016. In addition, a tax benefit of $30 million related to the operations of the Digital Education segment was recorded to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal 2016. The tax expense (benefit) 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 federal current tax benefits attributed to discontinued operations.

Segment Information - Reconc127

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, 2017	Jun. 30, 2016	Jun. 30, 2015
Segment Reporting Information [Line Items]
Total Depreciation and amortization	$ 449	$ 505	$ 498
Total Capital expenditures	256	256	308
Total Goodwill and intangible assets, net	6,119	5,921
News and Information Services [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	283	347	365
Total Capital expenditures	165	174	238
Total Goodwill and intangible assets, net	2,952	2,651
Book Publishing [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	52	55	52
Total Capital expenditures	11	9	12
Total Goodwill and intangible assets, net	835	869
Digital Real Estate Services [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	78	69	44
Total Capital expenditures	66	64	45
Total Goodwill and intangible assets, net	1,420	1,499
Cable Network Programming [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	32	29	33
Total Capital expenditures	14	8	7
Total Goodwill and intangible assets, net	912	898
Other [Member]
Segment Reporting Information [Line Items]
Total Depreciation and amortization	4	5	4
Total Capital expenditures	0	1	$ 6
Total Goodwill and intangible assets, net	$ 0	$ 4

Segment Information - Reconc128

Segment Information - Reconciliation of Assets from Segments to Consolidated (Detail) - USD ($) $ in Millions		Jun. 30, 2017	Jun. 30, 2016
Segment Reporting, Asset Reconciling Item [Line Items]
Investments		$ 2,027	$ 2,270
Total assets		14,552	15,483
News and Information Services [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		6,142	6,728
Book Publishing [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,845	1,855
Digital Real Estate Services [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		2,307	2,158
Cable Network Programming [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,194	1,101
Other [Member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	[1]	$ 1,037	$ 1,371
[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		3 Months Ended								12 Months Ended
		Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenues		$ 2,080	$ 1,978	$ 2,116	$ 1,965	$ 2,226	$ 1,891	$ 2,161	$ 2,014	$ 8,139	$ 8,292	$ 8,524
Total long-lived assets		2,066				2,801				2,066	2,801
U.S. and Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenues	[1]									3,880	3,920	3,808
Total long-lived assets		960				1,058				960	1,058
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenues	[2]									1,671	1,873	1,982
Total long-lived assets		560				939				560	939
Australasia and Other [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenues	[3]									2,588	2,499	$ 2,734
Total long-lived assets		$ 546				$ 804				$ 546	$ 804
[1]	Revenues include approximately $3.7 billion for fiscal 2017, $3.8 billion for fiscal 2016 and $3.6 billion for fiscal 2015 from customers in the U.S.
[2]	Revenues include approximately $1.3 billion for fiscal 2017, $1.5 billion for fiscal 2016 and $1.6 billion for fiscal 2015 from customers in the U.K.
[3]	Revenues include approximately $2.3 billion for fiscal 2017, $2.3 billion for fiscal 2016 and $2.3 billion for fiscal 2015 from customers in Australia.

Segment Information - Revenu130

Segment Information - Revenue and Long-Lived Assets by Geographic Region (Parenthetical) (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenues	$ 2,080	$ 1,978	$ 2,116	$ 1,965	$ 2,226	$ 1,891	$ 2,161	$ 2,014	$ 8,139	$ 8,292	$ 8,524
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenues									3,700	3,800	3,600
U.K. [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenues									1,300	1,500	1,600
Australia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Total Revenues									$ 2,300	$ 2,300	$ 2,300

Additional Financial Informa131

Additional Financial Information - Components of Other Current Assets (Detail) - USD ($) $ in Millions		Jun. 30, 2017	Jun. 30, 2016
Assets, Current [Abstract]
Inventory	[1]	$ 208	$ 218
Amounts due from 21st Century Fox		82	55
Prepayments and other current assets		233	240
Total Other current assets		$ 523	$ 513
[1]	Inventory as of June 30, 2017 and 2016 was primarily comprised of books, newsprint, printing ink, and programming rights.

Additional Financial Informa132

Additional Financial Information - Components of Other Non-Current Assets (Detail) - USD ($) $ in Millions	Jun. 30, 2017	Jun. 30, 2016
Assets, Noncurrent [Abstract]
Royalty advances to authors	$ 298	$ 311
Other	144	85
Total Other non-current assets	$ 442	$ 396

Additional Financial Informa133

Additional Financial Information - Components of Other Current Liabilities (Detail) - USD ($) $ in Millions		Jun. 30, 2017	Jun. 30, 2016
Liabilities, Current [Abstract]
Current tax payable		$ 39	$ 33
Royalties and commissions payable		152	179
Current portion of long-term debt	[1]	103	3
Other		306	251
Total Other current liabilities		$ 600	$ 466
[1]	The current portion of long term debt is included in Other current liabilities. See Note 20-Additional Financial Information.

Additional Financial Informa134

Additional Financial Information - Components of Other, Net Included in Statements of Operations (Detail) - USD ($) $ in Millions		3 Months Ended	12 Months Ended
		Dec. 31, 2016	Jun. 30, 2017		Jun. 30, 2016		Jun. 30, 2015
Components of Other Income (Expense) [Line Items]
Impairment of marketable securities and cost method investments	[1]		$ (21)		$ (21)		$ (5)
Gain on sale of other businesses			19		2		0
Gain on sale of equity method investments			11		1		7
Gain on sale of marketable securities	[2]		7		1		29
Dividends received from cost method investments			3		0		25
Gain on sale of cost method investments			0		0		15
Other			6		6		4
Total Other, net			132		18		75
REA Group [Member]
Components of Other Income (Expense) [Line Items]
Gain on sale of business		$ 120	107	[3]	0	[3]	0	[3]
Gain on sale of marketable securities							29
REA Group [Member] | iProperty Group Limited [Member]
Components of Other Income (Expense) [Line Items]
Gain on iProperty transaction	[4]		$ 0		$ 29		$ 0
[1]	See Note 6-Investments
[2]	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.
[3]	The Company recognized a pre-tax gain of $107 million for the fiscal year ended June 30, 2017 related to REA Group's sale of its European business. See Note 3-Acquisitions, Disposals and Other Transactions.
[4]	See Note 3-Acquisitions, Disposals and Other Transactions.

Additional Financial Informa135

Additional Financial Information - Components of Other, Net Included in Statements of Operations (Parenthetical) (Detail) - USD ($) $ in Millions		1 Months Ended	3 Months Ended	12 Months Ended
		Aug. 31, 2014	Dec. 31, 2016	Jun. 30, 2017		Jun. 30, 2016		Jun. 30, 2015
Components of Other Income (Expense) [Line Items]
Gain on sale of marketable securities	[1]			$ 7		$ 1		$ 29
REA Group [Member]
Components of Other Income (Expense) [Line Items]
Gain on sale of business			$ 120	$ 107	[2]	$ 0	[2]	0	[2]
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.
[2]	The Company recognized a pre-tax gain of $107 million for the fiscal year ended June 30, 2017 related to REA Group's sale of its European business. See Note 3-Acquisitions, Disposals and Other Transactions.

Additional Financial Informa136

Additional Financial Information - Components of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Accumulated other comprehensive loss, net of tax:
Balance, beginning of year		$ (1,026)	$ (582)	$ 610
Fiscal year activity, net of income tax (expense) benefit		62	(444)	(1,192)
Balance, end of year		(964)	(1,026)	(582)
Unrealized Holding Gains (Losses) on Securities [Member]
Accumulated other comprehensive loss, net of tax:
Balance, beginning of year		20	19	24
Fiscal year activity, net of income tax (expense) benefit	[1]	(25)	1	(5)
Balance, end of year		(5)	20	19
Benefit Plan Adjustments [Member]
Accumulated other comprehensive loss, net of tax:
Balance, beginning of year		(445)	(413)	(384)
Fiscal year activity, net of income tax (expense) benefit	[2]	8	(32)	(29)
Balance, end of year		(437)	(445)	(413)
Foreign Currency Translation Adjustments [Member]
Accumulated other comprehensive loss, net of tax:
Balance, beginning of year		(585)	(188)	971
Fiscal year activity, net of income tax (expense) benefit	[3]	75	(397)	(1,159)
Balance, end of year		(510)	(585)	(188)
Share of Other Comprehensive Income from Equity Affiliates Net [Member]
Accumulated other comprehensive loss, net of tax:
Balance, beginning of year		(16)	0	(1)
Fiscal year activity, net of income tax (expense) benefit	[4]	4	(16)	1
Balance, end of year		$ (12)	$ (16)	$ 0
[1]	Net of income tax (benefit) expense of ($10) million, nil and nil for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.
[2]	Net of income tax expense (benefit) of $8 million, ($14) million and ($11) million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.
[3]	Excludes $9 million, ($1) million and ($24) million relating to noncontrolling interests for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.
[4]	Net of income tax expense (benefit) of $2 million, ($7) million and $1 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively.

Additional Financial Informa137

Additional Financial Information - Components of Accumulated Other Comprehensive Loss (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized holding gains (losses) on securities, income tax (benefit) expense	$ (10)	$ 0	$ 0
Pension plans, income tax expense (benefit)	8	(14)	(11)
Foreign currency translation adjustments, fiscal year activity	84	(398)	(1,183)
Share of other comprehensive income from equity affiliates, net, income tax expense (benefit)	2	(7)	1
Noncontrolling Interests [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation adjustments, fiscal year activity	$ 9	$ (1)	$ (24)

Valuation and Qualifying Acc138

Valuation and Qualifying Accounts - Schedule of Valuation and Qualifying Accounts (Detail) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Allowances for Returns and Doubtful Accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of year	$ (213)	$ (220)	$ (175)
Additions	(603)	(566)	(573)
Acquisitions and disposals	(2)	(12)	(68)
Utilization	611	582	586
Foreign exchange	(1)	3	10
Balance at end of year	(208)	(213)	(220)
Deferred Tax Valuation Allowance [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at beginning of year	(1,014)	(1,308)	(1,393)
Additions	(92)	(8)	(102)
Acquisitions and disposals	(92)	109	(186)
Utilization	23	114	290
Foreign exchange	(12)	79	83
Balance at end of year	$ (1,187)	$ (1,014)	$ (1,308)

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, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 2,080	$ 1,978	$ 2,116	$ 1,965	$ 2,226	$ 1,891	$ 2,161	$ 2,014	$ 8,139	$ 8,292	$ 8,524
(Loss) income from continuing operations attributable to News Corporation stockholders	(429)	(5)	(289)	(15)	95	(147)	87	129	(643)	235	367
Income (loss) from discontinued operations, net of tax	0	0	0	0	(5)	(2)	(24)	46	0	15	(445)
Net (loss) income attributable to News Corporation stockholders	$ (429)	$ (5)	$ (289)	$ (15)	$ 90	$ (149)	$ 63	$ 175	$ (738)	$ 179	$ (147)
Income (loss) from continuing operations available to News Corporation stockholders per share basic and diluted	$ (0.74)	$ (0.01)	$ (0.50)	$ (0.03)	$ 0.16	$ (0.26)	$ 0.15	$ 0.22	$ (1.27)	$ 0.28	$ 0.51
Income (loss) from discontinued operations available to News Corporation stockholders per share basic and diluted	0	0	0	0	(0.01)	0	(0.04)	0.08	$ 0	$ 0.02	$ (0.77)
Income (loss) available to News Corporation stockholders per share basic and diluted	$ (0.74)	$ (0.01)	$ (0.50)	$ (0.03)	$ 0.15	$ (0.26)	$ 0.11	$ 0.30

Quarterly Data - Schedule of140

Quarterly Data - Schedule of Quarterly Financial Information (Parenthetical) (Detail) - USD ($) $ in Millions

Jun. 06, 2016

Feb. 29, 2016

Jun. 30, 2017

Mar. 31, 2017

Dec. 31, 2016

Jun. 30, 2016

Mar. 31, 2016

Sep. 30, 2015

Jun. 30, 2017

Jun. 30, 2016

Jun. 30, 2015

Schedule Of Quarterly Financial Information [Line Items]

Investments written-off

$ 21

$ 21

$ 5

Fixed-asset impairment charges

$ 464

679

Tax benefit recognized

[1]

(28)

54

(185)

NAM Group one-time costs of settlement

0

158

0

Gain on litigation settlement

$ 122

122

Litigation settlement

$ 130

$ 30

130

Non-cash impairment charge

785

0

0

News America Marketing [Member]

Schedule Of Quarterly Financial Information [Line Items]

NAM Group one-time costs of settlement

$ 280

Australian Newspapers [Member]

Schedule Of Quarterly Financial Information [Line Items]

Non-cash impairment charge

$ 310

Foxtel [Member]

Schedule Of Quarterly Financial Information [Line Items]

Investments written-off

227

227

REA Group [Member]

Schedule Of Quarterly Financial Information [Line Items]

Gain on sale of business

$ 120

$ 107

[2]

$ 0

[2]

$ 0

[2]

Impact of foreign currency fluctuations

$ (13)

Deferred Tax Valuation Allowance [Member]

Schedule Of Quarterly Financial Information [Line Items]

Tax benefit recognized

$ 106

NAR [Member]

Schedule Of Quarterly Financial Information [Line Items]

Payment of litigation settlement

$ 8

Assets of discontinued operations [Member] | Digital Education [Member]

Schedule Of Quarterly Financial Information [Line Items]

Non-cash impairment charge

76

Income tax benefit discontinued operations

$ 144

[1]

The Company recognized a tax benefit of approximately $144 million upon reclassification of the Digital Education segment to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal year 2016. In addition, a tax benefit of $30 million related to the operations of the Digital Education segment was recorded to discontinued operations in (Loss) income from discontinued operations, net of tax, in the Statement of Operations in fiscal 2016. The tax expense (benefit) 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 federal current tax benefits attributed to discontinued operations.

[2]

The Company recognized a pre-tax gain of $107 million for the fiscal year ended June 30, 2017 related to REA Group's sale of its European business. See Note 3-Acquisitions, Disposals and Other Transactions.

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) $ / shares in Units, AUD in Millions, $ in Millions	1 Months Ended			12 Months Ended
	Aug. 31, 2017$ / shares	Jul. 31, 2017USD ($)	Jul. 31, 2017AUD	Jun. 30, 2017$ / shares	Jun. 30, 2016$ / shares	Jun. 30, 2015$ / shares
Subsequent Event [Line Items]
Cash dividends declared per share of common stock				$ 0.20	$ 0.20	$ 0
Subsequent Event [Member]
Subsequent Event [Line Items]
Cash dividends per common share, date of dividend payable	Oct. 18, 2017
Cash dividends per common share, date of record for dividend	Sep. 13, 2017
Subsequent Event [Member] | Class A Common Stock [Member]
Subsequent Event [Line Items]
Cash dividends declared per share of common stock	$ 0.10
Subsequent Event [Member] | Class B Common Stock [Member]
Subsequent Event [Line Items]
Cash dividends declared per share of common stock	$ 0.10
REA Group [Member] | Smartline [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Business acquisition, acquired interest percentage		80.30%	80.30%
Business acquisition, cost of acquired entity		$ 55	AUD 69
Non-controlling ownership percentage		19.70%	19.70%