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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]        
Revenues $ 4,605 $ 4,441 $ 7,797 $ 7,486
Operating expenses (3,528) (3,667) (5,184) (5,238)
Selling, general and administrative (550) (468) (998) (883)
Depreciation and amortization (103) (93) (202) (172)
Interest expense, net (60) (97) (128) (194)
Other, net 73 (211) (3) (142)
Income (loss) before income tax (expense) benefit 437 (95) 1,282 857
Income tax (expense) benefit (116) 22 (348) (222)
Net income (loss) 321 (73) 934 635
Less: Net income attributable to noncontrolling interests [1] (8) (12) (16) (19)
Net income (loss) attributable to Fox Corporation stockholders $ 313 $ (85) $ 918 $ 616
Weighted average shares:        
Basic (in shares) 541 569 545 572
Diluted (in shares) 543 573 547 575
Net income (loss) attributable to Fox Corporation stockholders per share:        
Basic (in dollars per share) $ 0.58 $ (0.15) $ 1.68 $ 1.08
Diluted (in dollars per share) $ 0.58 $ (0.15) $ 1.68 $ 1.07
[1] Net income attributable to noncontrolling interests includes $(5) million and $(3) million for the three months ended December 31, 2022 and 2021, respectively, and $(10) million and $(4) million for the six months ended December 31, 2022 and 2021, respectively, relating to redeemable noncontrolling interests.