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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]        
Revenues $ 4,234 $ 4,605 $ 7,441 $ 7,797
Operating expenses (3,393) (3,528) (5,255) (5,184)
Selling, general and administrative (495) (550) (975) (998)
Depreciation and amortization (97) (103) (193) (202)
Interest expense, net (72) (60) (114) (128)
Other, net (46) 73 (212) (3)
Income before income tax expense 131 437 692 1,282
Income tax expense (16) (116) (162) (348)
Net income 115 321 530 934
Less: Net income attributable to noncontrolling interests [1] (6) (8) (14) (16)
Net income attributable to Fox Corporation stockholders $ 109 $ 313 $ 516 $ 918
Weighted average shares:        
Basic (in shares) 481 541 487 545
Diluted (in shares) 482 543 488 547
Net income attributable to Fox Corporation stockholders per share - basic and diluted        
Basic (in dollars per share) $ 0.23 $ 0.58 $ 1.06 $ 1.68
Diluted (in dollars per share) $ 0.23 $ 0.58 $ 1.06 $ 1.68
[1]
Net income attributable to noncontrolling interests includes $(4) million and $(5) million for the three months ended December 31, 2023 and 2022, respectively, and $(4) million and $(10) million for the six months ended December 31, 2023 and 2022, respectively, relating to redeemable noncontrolling interests.