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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Revenues $ 5,078 $ 4,234 $ 8,642 $ 7,441
Operating expenses (3,776) (3,393) (5,794) (5,255)
Selling, general and administrative (525) (495) (1,027) (975)
Depreciation and amortization (97) (97) (188) (193)
Restructuring, impairment and other corporate matters (170) (18) (196) (9)
Equity earnings of affiliates 4 1 7 2
Interest expense, net (80) (72) (130) (114)
Non-operating other, net 81 (29) 314 (205)
Income before income tax expense 515 131 1,628 692
Income tax expense (127) (16) (408) (162)
Net income 388 115 1,220 530
Less: Net income attributable to noncontrolling interests [1] (15) (6) (20) (14)
Net income attributable to Fox Corporation stockholders $ 373 $ 109 $ 1,200 $ 516
Weighted average shares:        
Basic (in shares) 457 481 459 487
Diluted (in shares) 462 482 463 488
Net income attributable to Fox Corporation stockholders per share:        
Basic (in dollars per share) $ 0.82 $ 0.23 $ 2.61 $ 1.06
Diluted (in dollars per share) $ 0.81 $ 0.23 $ 2.59 $ 1.06
[1]
Net income attributable to noncontrolling interests includes $1 million and $(4) million for the three months ended December 31, 2024 and 2023, respectively, and $(1) million and $(4) million for the six months ended December 31, 2024 and 2023, respectively, relating to redeemable noncontrolling interests.