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UNAUDITED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Class A Common Stock
Class B Common Stock
Total Fox Corporation Stockholders’ Equity
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interests
[1]
Beginning balance (in shares) at Jun. 30, 2022         308,000,000 243,000,000        
Beginning balance at Jun. 30, 2022 $ 11,375     $ 11,339 $ 3 $ 3 $ 9,098 $ 2,461 $ (226) $ 36
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net (loss) income 898     864       864   34
Other comprehensive income 13     13         13  
Dividends (265)     (265)       (265)    
Shares repurchased (in shares)         (38,000,000) (8,000,000)        
Shares repurchased (1,763)     (1,763)     (763) (1,000)    
Other (in shares)           1,000,000        
Other (3)     (3)   $ (1) 26 (28)    
Ending balance (in shares) at Mar. 31, 2023         270,000,000 236,000,000        
Ending balance at Mar. 31, 2023 10,255     10,185 $ 3 $ 2 8,361 2,032 (213) 70
Beginning balance (in shares) at Dec. 31, 2022         298,000,000 238,000,000        
Beginning balance at Dec. 31, 2022 11,676     11,607 $ 3 $ 2 8,836 2,985 (219) 69
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net (loss) income (46)     (54)       (54)   8
Other comprehensive income 6     6         6  
Dividends (128)     (128)       (128)    
Shares repurchased (in shares)         (27,000,000) (3,000,000)        
Shares repurchased (1,263)     (1,263)     (502) (761)    
Other (in shares)         (1,000,000) 1,000,000        
Other 10     17     27 (10)   (7)
Ending balance (in shares) at Mar. 31, 2023         270,000,000 236,000,000        
Ending balance at Mar. 31, 2023 10,255     10,185 $ 3 $ 2 8,361 2,032 (213) 70
Beginning balance (in shares) at Jun. 30, 2023   262,899,364 235,581,025   263,000,000 235,000,000        
Beginning balance at Jun. 30, 2023 10,445     10,378 $ 3 $ 2 8,253 2,269 (149) 67
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net (loss) income 1,239     1,182       1,182   57
Other comprehensive income 4     4         4  
Dividends (250)     (250)       (250)    
Shares repurchased (in shares)   (32,000,000)     (32,000,000)          
Shares repurchased (758) $ (750)   (758)     (536) (222)    
Other (in shares)         2,000,000          
Other (15)     (2)     51 (53)   (13)
Ending balance (in shares) at Mar. 31, 2024   232,561,357 235,581,025   233,000,000 235,000,000        
Ending balance at Mar. 31, 2024 10,665     10,554 $ 3 $ 2 7,768 2,926 (145) 111
Beginning balance (in shares) at Dec. 31, 2023         241,000,000 235,000,000        
Beginning balance at Dec. 31, 2023 10,325     10,252 $ 3 $ 2 7,879 2,514 (146) 73
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net (loss) income 705     666       666   39
Other comprehensive income 1     1         1  
Dividends (123)     (123)       (123)    
Shares repurchased (in shares)         (8,000,000)          
Shares repurchased (253)     (253)     (139) (114)    
Other 10     11     28 (17)   (1)
Ending balance (in shares) at Mar. 31, 2024   232,561,357 235,581,025   233,000,000 235,000,000        
Ending balance at Mar. 31, 2024 $ 10,665     $ 10,554 $ 3 $ 2 $ 7,768 $ 2,926 $ (145) $ 111
[1] Excludes Redeemable noncontrolling interests which are reflected in temporary equity (See Note 4—Fair Value under the heading “Redeemable Noncontrolling Interests”).