CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2025	Jun. 30, 2025
Current assets
Cash and cash equivalents		$ 2,017	$ 5,351
Receivables, net		3,557	2,472
Inventories, net		828	432
Other		324	174
Total current assets		6,726	8,429
Non-current assets
Property, plant and equipment, net		1,739	1,705
Intangible assets, net		2,951	2,969
Goodwill		3,638	3,639
Deferred tax assets		2,621	2,721
Other non-current assets		3,796	3,732
Total assets		21,471	23,195
Current liabilities
Accounts payable, accrued expenses and other current liabilities		2,416	2,897
Total current liabilities		2,416	2,897
Non-current liabilities
Borrowings		6,604	6,602
Other liabilities		1,329	1,341
Redeemable noncontrolling interests		84	288
Commitments and contingencies
Equity
Additional paid-in capital		7,264	7,603
Retained earnings		3,783	4,479
Accumulated other comprehensive loss		(123)	(124)
Total Fox Corporation stockholders’ equity		10,928	11,962
Noncontrolling interests		110	105
Total equity		11,038	12,067
Total liabilities and equity		21,471	23,195
Class A Common Stock
Equity
Common Stock	[1]	2	2
Class B Common Stock
Equity
Common Stock	[2]	$ 2	$ 2

[1] Class A Common Stock, $0.01 par value per share, 2,000,000,000 shares authorized, 200,553,435 shares and 210,754,900 shares issued and outstanding at par as of December 31, 2025 and June 30, 2025, respectively.

[2] Class B Common Stock, $0.01 par value per share, 1,000,000,000 shares authorized, 224,702,222 shares and 235,581,025 shares issued and outstanding at par as of December 31, 2025 and June 30, 2025, respectively.