Equity (Tables)

9 Months Ended

Mar. 31, 2022

Stockholders' Equity Note [Abstract]

Summary of Changes in Equity

The following tables summarize changes in equity for the three and nine months ended March 31, 2022 and 2021:

	For the three months ended March 31, 2022
	Class A Common Stock			Class B Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total News Corp Equity		Non-controlling Interests		Total Equity
	Shares	Amount		Shares	Amount
	(in millions)
Balance, December 31, 2021	392	$	4	199	$	2	$	11,948	$	(2,482)	$	(1,089)	$	8,383	$	964	$	9,347
Net income	—	—		—	—		—		82		—		82		22		104
Other comprehensive income	—	—		—	—		—		—		88		88		35		123
Dividends	—	—		—	—		(59)		—		—		(59)		(28)		(87)
Share repurchases	(3)	—		(1)	—		(78)		(3)		—		(81)		—		(81)
Other	—	—		—	—		12		—		—		12		(2)		10
Balance, March 31, 2022	389	$	4	198	$	2	$	11,823	$	(2,403)	$	(1,001)	$	8,425	$	991	$	9,416

	For the three months ended March 31, 2021
	Class A Common Stock			Class B Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total News Corp Equity		Non-controlling Interests		Total Equity
	Shares	Amount		Shares	Amount
	(in millions)
Balance, December 31, 2020	391	$	4	200	$	2	$	12,091	$	(2,976)	$	(990)	$	8,131	$	943	$	9,074
Net income	—	—		—	—		—		79		—		79		17		96
Other comprehensive income	—	—		—	—		—		—		25		25		4		29
Dividends	—	—		—	—		(59)		—		—		(59)		(24)		(83)
Other	—	—		—	—		12		—		—		12		1		13
Balance, March 31, 2021	391	$	4	200	$	2	$	12,044	$	(2,897)	$	(965)	$	8,188	$	941	$	9,129

	For the nine months ended March 31, 2022
	Class A Common Stock			Class B Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total News Corp Equity		Non-controlling Interests		Total Equity
	Shares	Amount		Shares	Amount
	(in millions)
Balance, June 30, 2021	391	$	4	200	$	2	$	12,057	$	(2,911)	$	(941)	$	8,211	$	935	$	9,146
Net income	—	—		—	—		—		513		—		513		120		633
Other comprehensive loss	—	—		—	—		—		—		(60)		(60)		(3)		(63)
Dividends	—	—		—	—		(118)		—		—		(118)		(55)		(173)
Share repurchases	(4)	—		(2)	—		(122)		(5)		—		(127)		—		(127)
Other	2	—		—	—		6		—		—		6		(6)		—
Balance, March 31, 2022	389	$	4	198	$	2	$	11,823	$	(2,403)	$	(1,001)	$	8,425	$	991	$	9,416

	For the nine months ended March 31, 2021
	Class A Common Stock			Class B Common Stock			Additional Paid-in Capital		Accumulated Deficit		Accumulated Other Comprehensive Loss		Total News Corp Equity		Non-controlling Interests		Total Equity
	Shares	Amount		Shares	Amount
	(in millions)
Balance, June 30, 2020	389	$	4	200	$	2	$	12,148	$	(3,241)	$	(1,331)	$	7,582	$	807	$	8,389
Net income	—	—		—	—		—		344		—		344		60		404
Other comprehensive income	—	—		—	—		—		—		366		366		84		450
Dividends	—	—		—	—		(118)		—		—		(118)		(45)		(163)
Other	2	—		—	—		14		—		—		14		35		49
Balance, March 31, 2021	391	$	4	200	$	2	$	12,044	$	(2,897)	$	(965)	$	8,188	$	941	$	9,129