Earnings Per Share (Tables)

12 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

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

	For the years ended June 30,
	2023		2022		2021
	(in millions, except per share amounts)
Net income attributable to Fox Corporation stockholders	$	1,239	$	1,205	$	2,150
Weighted average shares - basic	529		566		591
Shares issuable under equity-based compensation plans(a)	2		4		4
Weighted average shares - diluted	531		570		595
Net income attributable to Fox Corporation stockholders per share - basic	$	2.34	$	2.13	$	3.64
Net income attributable to Fox Corporation stockholders per share - diluted	$	2.33	$	2.11	$	3.61

(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, and, for those shares that are contingently issuable, all necessary conditions have been satisfied for the periods presented (See Note 12—Equity-Based Compensation).