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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Revenues:        
Total Revenues $ 2,447 $ 2,492 $ 7,446 $ 7,711
Operating expenses (1,286) (1,246) (3,853) (3,769)
Selling, general and administrative (841) (888) (2,514) (2,588)
Depreciation and amortization (183) (172) (536) (505)
Impairment and restructuring charges (25) (37) (65) (82)
Equity losses of affiliates (10) (4) (43) (10)
Interest expense, net (25) (25) (78) (68)
Other, net 14 13 (10) 143
Income before income tax expense 91 133 347 832
Income tax expense (32) (29) (128) (199)
Net income 59 104 219 633
Less: Net income attributable to noncontrolling interests (9) (22) (62) (120)
Net income attributable to News Corporation stockholders $ 50 $ 82 $ 157 $ 513
Net income attributable to News Corporation stockholders per share:        
Basic (in dollars per share) $ 0.09 $ 0.14 $ 0.27 $ 0.87
Diluted (in dollars per share) $ 0.09 $ 0.14 $ 0.27 $ 0.86
Circulation and subscription        
Revenues:        
Total Revenues $ 1,122 $ 1,099 $ 3,318 $ 3,248
Advertising        
Revenues:        
Total Revenues 393 418 1,263 1,342
Consumer        
Revenues:        
Total Revenues 495 497 1,474 1,615
Real estate        
Revenues:        
Total Revenues 272 316 896 988
Other        
Revenues:        
Total Revenues $ 165 $ 162 $ 495 $ 518