Income Taxes (Deferred Tax Assets (Liabilities)) (Details) - USD ($) $ in Millions		Jun. 30, 2021	Jun. 30, 2020
Deferred tax assets
Basis difference	[1]	$ 3,676	$ 4,176
Operating lease liabilities		121	140
Pension benefit obligations		64	93
Equity-based compensation		33	31
Accrued liabilities		37	31
Net operating loss carryforwards		18	28
Other		117	120
Total deferred tax assets		4,066	4,619
Deferred tax liabilities
Operating lease ROU assets		(114)	(133)
Sports rights contracts		(108)	(110)
Total deferred tax liabilities		(222)	(243)
Net deferred tax asset before valuation allowance		3,844	4,376
Less: valuation allowance		(24)	(20)
Total net deferred tax assets	[2]	$ 3,820	$ 4,356

[1] As a result of the Separation and the Distribution, which was a taxable transaction for which the estimated tax liability of $5.8 billion was included in the Transaction Tax paid by the Company, FOX obtained a tax basis in its assets equal to their respective fair market values. This amount includes the additional estimated deferred tax asset recorded as a result of the increased tax basis (See Note 1—Description of Business and Basis of Presentation under the heading “Basis of Presentation”).

[2] Includes a $2 million deferred tax liability recorded in Other liabilities on the Consolidated Balance Sheet as of June 30, 2021 and 2020.