Earnings Per Share (Tables)

3 Months Ended

Sep. 30, 2018

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings (Loss) per Share

The following tables set forth the computation of basic and diluted earnings (loss) per share under ASC 260, “Earnings per Share”:

	For the three months ended September 30,
	2018			2017
	(in millions, except per share amounts)
Net income	$	128		$	87
Less: Net income attributable to noncontrolling interests		(27	)		(19	)
Net income available to News Corporation stockholders	$	101		$	68
Weighted-average number of shares of common stock outstanding - basic		583.9			582.3
Dilutive effect of equity awards		1.7			1.1
Weighted-average number of shares of common stock outstanding - diluted		585.6			583.4
Net income available to News Corporation stockholders per share - basic	$	0.17		$	0.12
Net income available to News Corporation stockholders per share - diluted	$	0.17		$	0.12