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Equity (Tables)
9 Months Ended
Mar. 31, 2024
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, 2024 and 2023:
For the three months ended March 31, 2024
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
SharesAmountSharesAmount
(in millions)
Balance, December 31, 2023380 $191 $$11,334 $(1,958)$(1,200)$8,182 $920 $9,102 
Net income— — — — — 30 — 30 12 42 
Other comprehensive loss— — — — — — (92)(92)(39)(131)
Dividends— — — — (57)— — (57)(29)(86)
Share repurchases(1)— (1)— (22)(5)— (27)— (27)
Other— — 15 — — 15 (7)
Balance, March 31, 2024380 $191 $$11,270 $(1,933)$(1,292)$8,051 $857 $8,908 
For the three months ended March 31, 2023
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
SharesAmountSharesAmount
(in millions)
Balance, December 31, 2022382 $193 $$11,550 $(2,186)$(1,255)$8,115 $941 $9,056 
Net income— — — — — 50 — 50 59 
Other comprehensive loss— — — — — — (24)(24)(17)(41)
Dividends— — — — (58)— — (58)(27)(85)
Share repurchases(1)— — — (20)— — (20)— (20)
Other— — — 14 — — 14 15 
Balance, March 31, 2023382 $193 $$11,486 $(2,136)$(1,279)$8,077 $907 $8,984 
For the nine months ended March 31, 2024
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
SharesAmountSharesAmount
(in millions)
Balance, June 30, 2023380 $192 $$11,449 $(2,144)$(1,247)$8,064 $881 $8,945 
Net income— — — — — 216 — 216 67 283 
Other comprehensive loss— — — — — — (45)(45)(21)(66)
Dividends— — — — (114)— — (114)(57)(171)
Share repurchases(3)— (1)— (77)(5)— (82)— (82)
Other— — — 12 — — 12 (13)(1)
Balance, March 31, 2024380 $191 $$11,270 $(1,933)$(1,292)$8,051 $857 $8,908 

For the nine months ended March 31, 2023
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
SharesAmountSharesAmount
(in millions)
Balance, June 30, 2022388 $197 $$11,779 $(2,293)$(1,270)$8,222 $921 $9,143 
Net income— — — — — 157 — 157 62 219 
Other comprehensive loss— — — — — — (9)(9)(14)(23)
Dividends— — — — (116)— — (116)(58)(174)
Share repurchases(8)— (4)— (194)— — (194)— (194)
Other— — — 17 — — 17 (4)13 
Balance, March 31, 2023382 $193 $$11,486 $(2,136)$(1,279)$8,077 $907 $8,984