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Earnings Per Share (Tables)
12 Months Ended
Jun. 30, 2014
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings (Loss) Per Share

 

     For the fiscal years ended June 30,  
         2014             2013              2012      
     (in millions, except per share amounts)  

Net income (loss) attributable to News Corporation stockholders

   $ 239      $ 506       $ (2,075 ) 

Less: Adjustments to Net income (loss) attributable to News Corporation stockholders

       

Redeemable preferred stock dividends(a)

     (2 )      —           —     
  

 

 

   

 

 

    

 

 

 

Net income (loss) available to News Corporation stockholders—basic and diluted

   $ 237      $ 506       $ (2,075 ) 
  

 

 

   

 

 

    

 

 

 

Weighted-average number of shares of common stock outstanding—basic

     579.0        578.8         578.8   

Add: Effect of dilutive securities

       

Equity awards

     0.7        0.6         —     
  

 

 

   

 

 

    

 

 

 

Weighted-average number of shares of common stock outstanding— diluted

     579.7        579.4         578.8   
  

 

 

   

 

 

    

 

 

 

Net income (loss) per share available to News Corporation stockholders— basic

   $ 0.41      $ 0.87       $ (3.58 ) 

Net income (loss) per share available to News Corporation stockholders—diluted

   $ 0.41      $ 0.87       $ (3.58 ) 

 

(a) 

Refer to Note 9—Redeemable Preferred Stock