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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Statement of Comprehensive Income [Abstract]        
Net income $ 262 $ 261 $ 529 $ 308
Other comprehensive (loss) income:        
Foreign currency translation adjustments (36) 315 (200) 422
Net change in the fair value of cash flow hedges [1] 1 0 2 (2)
Benefit plan adjustments, net [2] 7 (7) 12 1
Other comprehensive (loss) income (28) 308 (186) 421
Comprehensive income 234 569 343 729
Less: Net income attributable to noncontrolling interests (27) (30) (98) (43)
Less: Other comprehensive (income) loss attributable to noncontrolling interests [3] 0 (63) 38 (80)
Comprehensive income attributable to News Corporation stockholders $ 207 $ 476 $ 283 $ 606
[1] Net of income tax expense of $1 million and nil for both the three and six months ended December 31, 2021 and 2020, respectively.
[2] Net of income tax expense (benefit) of $2 million and ($3) million for the three months ended December 31, 2021 and 2020, respectively, and income tax expense of $4 million and nil for the six months ended December 31, 2021 and 2020, respectively.
[3] Primarily consists of foreign currency translation adjustment.