Earnings (Loss) Per Share (Tables)

9 Months Ended

Mar. 31, 2024

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 March 31,				For the nine months ended March 31,
	2024		2023		2024		2023
	(in millions, except per share amounts)
Net income	$	42	$	59	$	283	$	219
Net income attributable to noncontrolling interests	(12)		(9)		(67)		(62)
Net income attributable to News Corporation stockholders	$	30	$	50	$	216	$	157
Weighted-average number of shares of common stock outstanding - basic	570.9		575.4		571.7		577.6
Dilutive effect of equity awards	2.7		2.5		2.0		2.0
Weighted-average number of shares of common stock outstanding - diluted	573.6		577.9		573.7		579.6
Net income attributable to News Corporation stockholders per share - basic and diluted	$	0.05	$	0.09	$	0.38	$	0.27