Segment Information (Tables)

12 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Reconciliation of Revenues and Segment EBITDA from Segments to Consolidated

The following tables set forth the Company’s Revenues and Segment EBITDA for fiscal 2020, 2019 and 2018:

	For the years ended June 30,
	2020			2019			2018
	(in millions)
Revenues
Cable Network Programming	$	5,492		$	5,381		$	5,049
Television		6,661			5,979			5,106
Other, Corporate and Eliminations		150			29			(2	)
Total revenues	$	12,303		$	11,389		$	10,153
Segment EBITDA
Cable Network Programming	$	2,706		$	2,495		$	2,308
Television		430			470			379
Other, Corporate and Eliminations		(357	)		(284	)		(195	)
Amortization of cable distribution investments		(24	)		(38	)		(53	)
Depreciation and amortization		(258	)		(212	)		(171	)
Impairment and restructuring charges		(451	)		(26	)		(16	)
Interest expense		(369	)		(203	)		(43	)
Interest income		35			41			-
Other, net		(248	)		(19	)		(39	)
Income before income tax (expense) benefit		1,464			2,224			2,170
Income tax (expense) benefit		(402	)		(581	)		58
Net income		1,062			1,643			2,228
Less: Net income attributable to noncontrolling interests		(63	)		(48	)		(41	)
Net income attributable to Fox Corporation stockholders	$	999		$	1,595		$	2,187

Summary of Revenues by Segment by Component to Consolidated

Revenues by Segment by Component

	For the years ended June 30,
	2020		2019		2018
	(in millions)
Cable Network Programming
Affiliate fee	$	3,870	$	3,804	$	3,541
Advertising		1,164		1,184		1,120
Other		458		393		388
Total Cable Network Programming revenues		5,492		5,381		5,049
Television
Advertising		4,169		3,872		3,478
Affiliate fee		2,038		1,708		1,382
Other		454		399		246
Total Television revenues		6,661		5,979		5,106
Other, Corporate and Eliminations		150		29		(2	)
Total revenues	$	12,303	$	11,389	$	10,153

Reconciliation of Depreciation and Amortization from Segments to Consolidated and Reconciliation of Capital Expenditures from Segments to Consolidated

	For the years ended June 30,
	2020		2019		2018
	(in millions)
Depreciation and amortization
Cable Network Programming	$	59	$	48	$	38
Television		73		96		112
Other, Corporate and Eliminations		126		68		21
Total depreciation and amortization	$	258	$	212	$	171

	For the years ended June 30,
	2020		2019		2018
	(in millions)
Capital expenditures
Cable Network Programming	$	43	$	83	$	64
Television		72		71		89
Other, Corporate and Eliminations		244		81		62
Total capital expenditures	$	359	$	235	$	215

Reconciliation of Assets from Segments to Consolidated

	As of June 30,
	2020		2019
	(in millions)
Assets
Cable Network Programming	$	2,591	$	2,584
Television		7,054		6,598
Other, Corporate and Eliminations		11,487		9,462
Investments		618		865
Total assets	$	21,750	$	19,509

Reconciliation of Goodwill and Intangible Assets, Net from Segments to Consolidated

	As of June 30,
	2020		2019
	(in millions)
Goodwill and intangible assets, net
Cable Network Programming	$	1,287	$	1,246
Television		4,630		3,891
Other, Corporate and Eliminations		690		405
Total goodwill and intangible assets, net	$	6,607	$	5,542