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Segment Information (Tables) | 12 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Reconciliation of Revenues and Segment EBITDA from Segments to Consolidated | The following tables set forth the Company's Revenues and Segment EBITDA for fiscal 2022, 2021 and 2020:
| For the years ended June 30,
| 2022 |  | 2021 |  | 2020
| (in millions)
Revenues |  |  |  |  |
Cable Network Programming | $ | 6,097 |  |  | $ | 5,683 |  |  | $ | 5,492 |
Television | 7,685 |  |  | 7,048 |  |  | 6,661 |
Other, Corporate and Eliminations | 192 |  |  | 178 |  |  | 150 |
Total revenues | $ | 13,974 |  |  | $ | 12,909 |  |  | $ | 12,303 |
Segment EBITDA |  |  |  |  |
Cable Network Programming | $ | 2,934 |  |  | $ | 2,876 |  |  | $ | 2,706 |
Television | 347 |  |  | 555 |  |  | 430 |
Other, Corporate and Eliminations | (326) |  |  | (344) |  |  | (357) |
Amortization of cable distribution investments | (18) |  |  | (22) |  |  | (24) |
Depreciation and amortization | (363) |  |  | (300) |  |  | (258) |
Impairment and restructuring charges | — |  |  | (35) |  |  | (451) |
Interest expense, net | (371) |  |  | (391) |  |  | (334) |
Other, net | (509) |  |  | 579 |  |  | (248) |
Income before income tax expense | 1,694 |  |  | 2,918 |  |  | 1,464 |
Income tax expense | (461) |  |  | (717) |  |  | (402) |
Net income | 1,233 |  |  | 2,201 |  |  | 1,062 |
Less: Net income attributable to noncontrolling interests | (28) |  |  | (51) |  |  | (63) |
Net income attributable to Fox Corporation stockholders | $ | 1,205 |  |  | $ | 2,150 |  |  | $ | 999 |
Summary of Revenues by Segment by Component to Consolidated | Revenues by Segment by Component
| For the years ended June 30,
| 2022 |  | 2021 |  | 2020
| (in millions)
Cable Network Programming |  |  |  |  |
Affiliate fee | $ | 4,205 |  |  | $ | 3,995 |  |  | $ | 3,870 |
Advertising | 1,462 |  |  | 1,337 |  |  | 1,164 |
Other | 430 |  |  | 351 |  |  | 458 |
Total Cable Network Programming revenues | 6,097 |  |  | 5,683 |  |  | 5,492 |
Television |  |  |  |  |
Advertising | 4,440 |  |  | 4,094 |  |  | 4,169 |
Affiliate fee | 2,673 |  |  | 2,440 |  |  | 2,038 |
Other | 572 |  |  | 514 |  |  | 454 |
Total Television revenues | 7,685 |  |  | 7,048 |  |  | 6,661 |
Other, Corporate and Eliminations | 192 |  |  | 178 |  |  | 150 |
Total revenues | $ | 13,974 |  |  | $ | 12,909 |  |  | $ | 12,303 |
Reconciliation of Depreciation and Amortization from Segments to Consolidated and Reconciliation of Capital Expenditures from Segments to Consolidated |
| For the years ended June 30,
| 2022 |  | 2021 |  | 2020
| (in millions)
Depreciation and amortization |  |  |  |  |
Cable Network Programming | $ | 60 |  |  | $ | 55 |  |  | $ | 59 |
Television | 112 |  |  | 104 |  |  | 73 |
Other, Corporate and Eliminations | 191 |  |  | 141 |  |  | 126 |
Total depreciation and amortization | $ | 363 |  |  | $ | 300 |  |  | $ | 258 |
| For the years ended June 30,
| 2022 |  | 2021 |  | 2020
| (in millions)
Capital expenditures |  |  |  |  |
Cable Network Programming | $ | 67 |  |  | $ | 53 |  |  | $ | 43 |
Television | 104 |  |  | 100 |  |  | 72 |
Other, Corporate and Eliminations | 136 |  |  | 331 |  |  | 244 |
Total capital expenditures | $ | 307 |  |  | $ | 484 |  |  | $ | 359 |
Reconciliation of Assets from Segments to Consolidated |
| As of June 30,
| 2022 |  | 2021
| (in millions)
Assets |  |  |
Cable Network Programming | $ | 2,682 |  |  | $ | 2,577 |
Television | 7,915 |  |  | 7,305 |
Other, Corporate and Eliminations | 11,010 |  |  | 12,145 |
Investments | 578 |  |  | 899 |
Total assets | $ | 22,185 |  |  | $ | 22,926 |
Reconciliation of Goodwill and Intangible Assets, Net from Segments to Consolidated |
| As of June 30,
| 2022 |  | 2021
| (in millions)
Goodwill and intangible assets, net |  |  |
Cable Network Programming | $ | 1,322 |  |  | $ | 1,324 |
Television | 4,671 |  |  | 4,582 |
Other, Corporate and Eliminations | 718 |  |  | 683 |
Total goodwill and intangible assets, net | $ | 6,711 |  |  | $ | 6,589 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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