Earnings (Loss) Per Share (Tables)

12 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings (Loss) per Share

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

	For the fiscal years ended June 30,
	2024		2023		2022
	(in millions, except per share amounts)
Net income	$	354	$	187	$	760
Net income attributable to noncontrolling interests	(88)		(38)		(137)
Net income attributable to News Corporation stockholders	$	266	$	149	$	623
Weighted-average number of shares of common stock outstanding—basic	571.2		576.4		589.5
Dilutive effect of equity awards	2.3		2.4		3.0
Weighted-average number of shares of common stock outstanding—diluted	573.5		578.8		592.5
Net income attributable to News Corporation stockholders per share—basic	$	0.47	$	0.26	$	1.06
Net income attributable to News Corporation stockholders per share—diluted	$	0.46	$	0.26	$	1.05