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Segment Information (Tables)
3 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Reconciliation of Revenues and Segment EBITDA from Segments to Consolidated
The following tables set forth the Company’s Revenues and Segment EBITDA for the three months ended September 30, 2022 and 2021:
 
For the three months ended September 30,
 20222021
 (in millions)
Revenues  
Cable Network Programming$1,431 $1,416 
Television1,714 1,581 
Other, Corporate and Eliminations47 48 
Total revenues$3,192 $3,045 
Segment EBITDA
Cable Network Programming$742 $774 
Television409 359 
Other, Corporate and Eliminations(59)(69)
Amortization of cable distribution investments(4)(5)
Depreciation and amortization(99)(79)
Interest expense, net(68)(97)
Other, net(76)69 
Income before income tax expense845 952 
Income tax expense(232)(244)
Net income613 708 
Less: Net income attributable to noncontrolling interests(8)(7)
Net income attributable to Fox Corporation stockholders$605 $701 
Summary of Revenues by Segment by Component to Consolidated
Revenues by Segment by Component
 
For the three months ended September 30,
 20222021
 (in millions)
Cable Network Programming  
Affiliate fee$1,029 $1,026 
Advertising316 311 
Other86 79 
Total Cable Network Programming revenues1,431 1,416 
Television
Advertising905 819 
Affiliate fee682 641 
Other127 121 
Total Television revenues1,714 1,581 
Other, Corporate and Eliminations47 48 
Total revenues$3,192 $3,045 
Reconciliation of Depreciation and Amortization from Segments to Consolidated
For the three months ended September 30,
20222021
(in millions)
Depreciation and amortization
Cable Network Programming$17 $10 
Television29 26 
Other, Corporate and Eliminations53 43 
Total depreciation and amortization$99 $79 
Reconciliation of Assets from Segments to Consolidated
As of
September 30,
2022
As of
June 30,
2022
(in millions)
Assets
Cable Network Programming$2,692 $2,682 
Television8,448 7,915 
Other, Corporate and Eliminations10,635 11,010 
Investments649 578 
Total assets$22,424 $22,185