Earnings (Loss) Per Share (Tables)

6 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings (Loss) Per Share

The following table set forth the computation of basic and diluted earnings (loss) per share under ASC 260, Earnings per Share:

	For the three months ended December 31,				For the six months ended December 31,
	2023		2022		2023		2022
	(in millions, except per share amounts)
Net income	$	183	$	94	$	241	$	160
Net income attributable to noncontrolling interests	(27)		(27)		(55)		(53)
Net income attributable to News Corporation stockholders	$	156	$	67	$	186	$	107
Weighted-average number of shares of common stock outstanding - basic	571.9		576.0		572.1		578.7
Dilutive effect of equity awards	1.6		1.8		1.7		1.8
Weighted-average number of shares of common stock outstanding - diluted	573.5		577.8		573.8		580.5
Net income attributable to News Corporation stockholders per share - basic	$	0.27	$	0.12	$	0.33	$	0.18
Net income attributable to News Corporation stockholders per share - diluted	$	0.27	$	0.12	$	0.32	$	0.18