XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]        
Revenues $ 3,455 $ 3,215 $ 10,941 $ 10,019
Operating expenses (2,164) (1,885) (7,402) (6,399)
Selling, general and administrative (485) (437) (1,368) (1,267)
Depreciation and amortization (92) (78) (264) (216)
Impairment and restructuring charges 0 0 0 (35)
Interest expense, net (91) (98) (285) (293)
Other, net (233) 61 (375) 752
Income before income tax expense 390 778 1,247 2,561
Income tax expense (100) (196) (322) (632)
Net income 290 582 925 1,929
Less: Net income attributable to noncontrolling interests [1] (7) (15) (26) (32)
Net income attributable to Fox Corporation stockholders $ 283 $ 567 $ 899 $ 1,897
Weighted average shares:        
Basic (in shares) 563 589 569 595
Diluted (in shares) 567 593 573 598
Net income attributable to Fox Corporation stockholders per share:        
Basic (in dollars per share) $ 0.50 $ 0.96 $ 1.58 $ 3.19
Diluted (in dollars per share) $ 0.50 $ 0.96 $ 1.57 $ 3.17
[1] Net income attributable to noncontrolling interests includes $(5) million and $5 million for the three months ended March 31, 2022 and 2021, respectively, and $(9) million and $13 million for the nine months ended March 31, 2022 and 2021, respectively, relating to redeemable noncontrolling interests.