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Earnings (Loss) Per Share (Tables)
 9 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings 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 March 31,
   
For the nine months
 
ended
March 31,
 
 
2020
 
  
2019
 
  
2020
 
  
2019
 
 
(in millions, except per share amounts)
 
Net (loss)
 income
   $
 
(1,036
)    $
 
23
    $
(1,144
 )   $
270
 
Less: Net
loss (
income
)
attributable to noncontrolling interests
   
306
      
(13
 )    
272
      
(64
 )
                                 
Net (loss)
income
attributable to News Corporation stockholders
  $
(730
)    $
10
    $
(872
 )   $
206
 
                                 
Weighted-average number of shares of common stock outstanding - basic
   
588.3
     
585.0
     
587.7
     
584.6
 
Dilutive effect of equity awards
(a)
    
—
     
3.8
     
—
     
2.6
 
                                 
Weighted-average number of shares of common stock outstanding - diluted
   
588.3
     
588.8
     
587.7
     
587.2
 
                                 
Net (loss) income attributable to News Corporation stockholders per share - basic and diluted
  $
(1.24
)
   $
0.02
    $
(1.48
)
   $
0.35
 
 
 
 
 
 
 
 
 
(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 a
nd
nine months ended March 31, 2020 because their inclusion would have an antidilutive effect on the net loss per share.