Segment Information (Tables)

3 Months Ended

Sep. 30, 2021

The following tables set forth the Company’s Revenues and Segment EBITDA for the three months ended September 30, 2021 and 2020:


	For the three months ended September 30,
	2021		2020
	(in millions)
Revenues
Cable Network Programming	$	1,416	$	1,325
Television	1,581		1,350
Other, Corporate and Eliminations	48		42
Total revenues	$	3,045	$	2,717
Segment EBITDA
Cable Network Programming	$	774	$	781
Television	359		457
Other, Corporate and Eliminations	(69)		(72)
Amortization of cable distribution investments	(5)		(5)
Depreciation and amortization	(79)		(68)
Impairment and restructuring charges	—		(35)
Interest expense, net	(97)		(98)
Other, net	69		519
Income before income tax expense	952		1,479
Income tax expense	(244)		(362)
Net income	708		1,117
Less: Net income attributable to noncontrolling interests	(7)		(11)
Net income attributable to Fox Corporation stockholders	$	701	$	1,106

Revenues by Segment by Component


	For the three months ended September 30,
	2021		2020
	(in millions)
Cable Network Programming
Affiliate fee	$	1,026	$	973
Advertising	311		299
Other	79		53
Total Cable Network Programming revenues	1,416		1,325
Television
Advertising	819		670
Affiliate fee	641		560
Other	121		120
Total Television revenues	1,581		1,350
Other, Corporate and Eliminations	48		42
Total revenues	$	3,045	$	2,717


	For the three months ended September 30,
	2021		2020
	(in millions)
Depreciation and amortization
Cable Network Programming	$	10	$	13
Television	26		25
Other, Corporate and Eliminations	43		30
Total depreciation and amortization	$	79	$	68


	As of September 30, 2021		As of June 30, 2021
	(in millions)
Assets
Cable Network Programming	$	2,557	$	2,577
Television	8,162		7,305
Other, Corporate and Eliminations	11,444		12,145
Investments	998		899
Total assets	$	23,161	$	22,926