Segment Information (Tables)

3 Months Ended

Sep. 30, 2020

The following tables set forth the Company’s Revenues and Segment EBITDA for the three months ended September 30, 2020 and 2019:

	For the three months ended September 30,
	2020			2019
	(in millions)
Revenues
Cable Network Programming	$	1,325		$	1,285
Television		1,350			1,356
Other, Corporate and Eliminations		42			26
Total revenues	$	2,717		$	2,667
Segment EBITDA
Cable Network Programming	$	781		$	684
Television		457			251
Other, Corporate and Eliminations		(72	)		(79	)
Amortization of cable distribution investments		(5	)		(9	)
Depreciation and amortization		(68	)		(50	)
Impairment and restructuring charges		(35	)		(9	)
Interest expense		(99	)		(90	)
Interest income		1			17
Other, net		519			(15	)
Income before income tax expense		1,479			700
Income tax expense		(362	)		(187	)
Net income		1,117			513
Less: Net income attributable to noncontrolling interests		(11	)		(14	)
Net income attributable to Fox Corporation stockholders	$	1,106		$	499

Revenues by Segment by Component

	For the three months ended September 30,
	2020		2019
	(in millions)
Cable Network Programming
Affiliate fee	$	973	$	939
Advertising		299		254
Other		53		92
Total Cable Network Programming revenues		1,325		1,285
Television
Advertising		670		787
Affiliate fee		560		455
Other		120		114
Total Television revenues		1,350		1,356
Other, Corporate and Eliminations		42		26
Total revenues	$	2,717	$	2,667

	For the three months ended September 30,
	2020		2019
	(in millions)
Depreciation and amortization
Cable Network Programming	$	13	$	13
Television		25		15
Other, Corporate and Eliminations		30		22
Total depreciation and amortization	$	68	$	50

	As of September 30, 2020		As of June 30, 2020
	(in millions)
Assets
Cable Network Programming	$	2,622	$	2,591
Television		7,703		7,054
Other, Corporate and Eliminations		11,417		11,487
Investments		755		618
Total assets	$	22,497	$	21,750