Segment Information (Tables)

12 Months Ended

Jun. 30, 2023

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 fiscal 2023, 2022 and 2021:

	For the years ended June 30,
	2023		2022		2021
	(in millions)
Revenues
Cable Network Programming	$	6,043	$	6,097	$	5,683
Television	8,710		7,685		7,048
Other, Corporate and Eliminations	160		192		178
Total revenues	$	14,913	$	13,974	$	12,909
Segment EBITDA
Cable Network Programming	$	2,472	$	2,934	$	2,876
Television	1,009		347		555
Other, Corporate and Eliminations	(290)		(326)		(344)
Amortization of cable distribution investments	(16)		(18)		(22)
Depreciation and amortization	(411)		(363)		(300)
Impairment and restructuring charges	(111)		—		(35)
Interest expense, net	(218)		(371)		(391)
Other, net	(699)		(509)		579
Income before income tax expense	1,736		1,694		2,918
Income tax expense	(483)		(461)		(717)
Net income	1,253		1,233		2,201
Less: Net income attributable to noncontrolling interests	(14)		(28)		(51)
Net income attributable to Fox Corporation stockholders	$	1,239	$	1,205	$	2,150

Summary of Revenues by Segment by Component to Consolidated

Revenues by Segment by Component

	For the years ended June 30,
	2023		2022		2021
	(in millions)
Cable Network Programming
Affiliate fee	$	4,175	$	4,205	$	3,995
Advertising	1,403		1,462		1,337
Other	465		430		351
Total Cable Network Programming revenues	6,043		6,097		5,683
Television
Advertising	5,204		4,440		4,094
Affiliate fee	2,876		2,673		2,440
Other	630		572		514
Total Television revenues	8,710		7,685		7,048
Other, Corporate and Eliminations	160		192		178
Total revenues	$	14,913	$	13,974	$	12,909

Reconciliation of Depreciation and Amortization from Segments to Consolidated and Reconciliation of Capital Expenditures from Segments to Consolidated

	For the years ended June 30,
	2023		2022		2021
	(in millions)
Depreciation and amortization
Cable Network Programming	$	71	$	60	$	55
Television	126		112		104
Other, Corporate and Eliminations	214		191		141
Total depreciation and amortization	$	411	$	363	$	300

	For the years ended June 30,
	2023		2022		2021
	(in millions)
Capital expenditures
Cable Network Programming	$	66	$	67	$	53
Television	96		104		100
Other, Corporate and Eliminations	195		136		331
Total capital expenditures	$	357	$	307	$	484

Reconciliation of Assets from Segments to Consolidated

	As of June 30,
	2023		2022
	(in millions)
Assets
Cable Network Programming	$	2,658	$	2,682
Television	7,803		7,915
Other, Corporate and Eliminations	10,371		11,010
Investments	1,034		578
Total assets	$	21,866	$	22,185

Reconciliation of Goodwill and Intangible Assets, Net from Segments to Consolidated

	As of June 30,
	2023		2022
	(in millions)
Goodwill and intangible assets, net
Cable Network Programming	$	1,312	$	1,322
Television	4,633		4,671
Other, Corporate and Eliminations	698		718
Total goodwill and intangible assets, net	$	6,643	$	6,711