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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]        
Net income $ 42 $ 59 $ 283 $ 219
Other comprehensive loss:        
Foreign currency translation adjustments (141) (33) (71) (34)
Net change in the fair value of cash flow hedges [1] 6 (8) (12) 5
Benefit plan adjustments, net [2] 4 0 17 6
Other comprehensive loss (131) (41) (66) (23)
Comprehensive (loss) income (89) 18 217 196
Net income attributable to noncontrolling interests (12) (9) (67) (62)
Other comprehensive loss attributable to noncontrolling interests [3] 39 17 21 14
Comprehensive (loss) income attributable to News Corporation stockholders $ (62) $ 26 $ 171 $ 148
[1] Net of income tax expense (benefit) of $2 million and $(2) million for the three months ended March 31, 2024 and 2023, respectively, and $(5) million and $2 million for the nine months ended March 31, 2024 and 2023, respectively.
[2] Net of income tax expense of $2 million for the three months ended March 31, 2024 and $6 million and $1 million for the nine months ended March 31, 2024 and 2023, respectively.
[3] Primarily consists of foreign currency translation adjustments.