Segment Information (Tables)

9 Months Ended

Mar. 31, 2021

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 the three and nine months ended March 31, 2021 and 2020:

	For the three months ended March 31,						For the nine months ended March 31,
	2021			2020			2021			2020
	(in millions)
Revenues
Cable Network Programming	$	1,471		$	1,467		$	4,284		$	4,221
Television		1,695			1,926			5,601			5,548
Other, Corporate and Eliminations		49			47			134			116
Total revenues	$	3,215		$	3,440		$	10,019		$	9,885
Segment EBITDA
Cable Network Programming	$	850		$	792		$	2,202		$	2,032
Television		135			224			407			261
Other, Corporate and Eliminations		(86	)		(96	)		(239	)		(256	)
Amortization of cable distribution investments		(6	)		(5	)		(17	)		(19	)
Depreciation and amortization		(78	)		(57	)		(216	)		(164	)
Impairment and restructuring charges		-			-			(35	)		(9	)
Interest expense		(98	)		(89	)		(296	)		(269	)
Interest income		-			8			3			33
Other, net		61			(632	)		752			(345	)
Income before income tax expense		778			145			2,561			1,264
Income tax expense		(196	)		(55	)		(632	)		(347	)
Net income		582			90			1,929			917
Less: Net income attributable to noncontrolling interests		(15	)		(12	)		(32	)		(40	)
Net income attributable to Fox Corporation stockholders	$	567		$	78		$	1,897		$	877

Summary of Revenues by Segment by Component to Consolidated

Revenues by Segment by Component

	For the three months ended March 31,				For the nine months ended March 31,
	2021		2020		2021		2020
	(in millions)
Cable Network Programming
Affiliate fee	$	1,068	$	1,006	$	2,969	$	2,902
Advertising		283		304		1,023		895
Other		120		157		292		424
Total Cable Network Programming revenues		1,471		1,467		4,284		4,221
Television
Advertising		915		1,266		3,426		3,726
Affiliate fee		651		553		1,801		1,487
Other		129		107		374		335
Total Television revenues		1,695		1,926		5,601		5,548
Other, Corporate and Eliminations		49		47		134		116
Total revenues	$	3,215	$	3,440	$	10,019	$	9,885

Reconciliation of Depreciation and Amortization from Segments to Consolidated

	For the three months ended March 31,				For the nine months ended March 31,
	2021		2020		2021		2020
	(in millions)
Depreciation and amortization
Cable Network Programming	$	16	$	15	$	41	$	44
Television		26		17		77		46
Other, Corporate and Eliminations		36		25		98		74
Total depreciation and amortization	$	78	$	57	$	216	$	164

Reconciliation of Assets from Segments to Consolidated

	As of March 31, 2021		As of June 30, 2020
	(in millions)
Assets
Cable Network Programming	$	2,584	$	2,591
Television		7,247		7,054
Other, Corporate and Eliminations		12,039		11,487
Investments		1,037		618
Total assets	$	22,907	$	21,750