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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]        
Revenues $ 4,441 $ 4,087 $ 7,486 $ 6,804
Operating expenses (3,667) (3,346) (5,238) (4,514)
Selling, general and administrative (468) (442) (883) (830)
Depreciation and amortization (93) (70) (172) (138)
Impairment and restructuring charges 0 0 0 (35)
Interest expense, net (97) (97) (194) (195)
Other, net (211) 172 (142) 691
(Loss) income before income tax benefit (expense) (95) 304 857 1,783
Income tax benefit (expense) 22 (74) (222) (436)
Net (loss) income (73) 230 635 1,347
Less: Net income attributable to noncontrolling interests [1] (12) (6) (19) (17)
Net (loss) income attributable to Fox Corporation stockholders $ (85) $ 224 $ 616 $ 1,330
Weighted average shares:        
Basic (in shares) 569 595 572 599
Diluted (in shares) 573 598 575 601
Net (loss) income attributable to Fox Corporation stockholders per share:        
Basic (in dollars per share) $ (0.15) $ 0.38 $ 1.08 $ 2.22
Diluted (in dollars per share) $ (0.15) $ 0.37 $ 1.07 $ 2.21
[1] Net income attributable to noncontrolling interests includes $(3) million and $4 million for the three months ended December 31, 2021 and 2020, respectively, and $(4) million and $8 million for the six months ended December 31, 2021 and 2020, respectively, relating to redeemable noncontrolling interests.