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(Loss) Earnings Per Share (Tables)
3 Months Ended
Sep. 30, 2019
Earnings Per Share [Abstract]  
Computation of Basic and Diluted 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 three months ended
September 30,
 
 
2019
   
2018
 
 
(in millions, except per share amounts)
 
Net
(l
oss) 
income
  $
(211
)   $
128
 
Less: Net income attributable to noncontrolling interests
   
(16
)    
(27
)
Net
(loss) 
income attributable to News Corporation stockholders
  $
(227
)   $
101
 
                 
Weighted-average number of shares of common stock outstanding
 - 
basic
   
586.7
     
583.9
 
Dilutive effect of equity awards
(a)
   
     
1.7
 
                 
Weighted-average number of shares of common stock outstanding
 - 
diluted
   
586.7
     
585.6
 
                 
Net
(loss)
 
income attributable to News Corporation stockholders per share
 - 
basic and diluted
  $
(0.39
)   $
0.17
 
 
(a) The dilutive impact of the Company’s performance stock units, restricted stock units and stock options has been excluded from the calculation of diluted loss per share for the three months ended September 30, 2019 because their inclusion would have an antidilutive effect on the net loss per share.