Earnings Per Share

12 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Earnings Per Share

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share:

	For the years ended June 30,
	2022		2021		2020
	(in millions, except per share amounts)
Net income attributable to Fox Corporation stockholders	$	1,205	$	2,150	$	999
Weighted average shares - basic	566		591		613
Shares issuable under equity-based compensation plans(a)	4		4		3
Weighted average shares - diluted	570		595		616
Net income attributable to Fox Corporation stockholders per share - basic	$	2.13	$	3.64	$	1.63
Net income attributable to Fox Corporation stockholders per share - diluted	$	2.11	$	3.61	$	1.62

(a) Weighted average common shares include the incremental shares that would be issued upon the assumed vesting of RSUs, PSUs and stock options (including PSOs) if the effect is dilutive (See Note 12—Equity-Based Compensation).