XML 35 R26.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Segment Information (Tables) | 3 Months Ended
--- | ---
Sep. 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 the three months ended September 30, 2022 and 2021:
| For the three months ended September 30, |  |
| 2022 |  | 2021 |  |  |  |
| (in millions)
Revenues |  |  |  |  |  |  |
Cable Network Programming | $ | 1,431 |  |  | $ | 1,416 |  |  |  |  |
Television | 1,714 |  |  | 1,581 |  |  |  |  |
Other, Corporate and Eliminations | 47 |  |  | 48 |  |  |  |  |
Total revenues | $ | 3,192 |  |  | $ | 3,045 |  |  |  |  |
Segment EBITDA |  |  |  |  |  |  |
Cable Network Programming | $ | 742 |  |  | $ | 774 |  |  |  |  |
Television | 409 |  |  | 359 |  |  |  |  |
Other, Corporate and Eliminations | (59) |  |  | (69) |  |  |  |  |
Amortization of cable distribution investments | (4) |  |  | (5) |  |  |  |  |
Depreciation and amortization | (99) |  |  | (79) |  |  |  |  |
Interest expense, net | (68) |  |  | (97) |  |  |  |  |
Other, net | (76) |  |  | 69 |  |  |  |  |
Income before income tax expense | 845 |  |  | 952 |  |  |  |  |
Income tax expense | (232) |  |  | (244) |  |  |  |  |
Net income | 613 |  |  | 708 |  |  |  |  |
Less: Net income attributable to noncontrolling interests | (8) |  |  | (7) |  |  |  |  |
Net income attributable to Fox Corporation stockholders | $ | 605 |  |  | $ | 701 |  |  |  |  |
Summary of Revenues by Segment by Component to Consolidated | Revenues by Segment by Component
| For the three months ended September 30, |  |
| 2022 |  | 2021 |  |  |  |
| (in millions)
Cable Network Programming |  |  |  |  |  |  |
Affiliate fee | $ | 1,029 |  |  | $ | 1,026 |  |  |  |  |
Advertising | 316 |  |  | 311 |  |  |  |  |
Other | 86 |  |  | 79 |  |  |  |  |
Total Cable Network Programming revenues | 1,431 |  |  | 1,416 |  |  |  |  |
Television |  |  |  |  |  |  |
Advertising | 905 |  |  | 819 |  |  |  |  |
Affiliate fee | 682 |  |  | 641 |  |  |  |  |
Other | 127 |  |  | 121 |  |  |  |  |
Total Television revenues | 1,714 |  |  | 1,581 |  |  |  |  |
Other, Corporate and Eliminations | 47 |  |  | 48 |  |  |  |  |
Total revenues | $ | 3,192 |  |  | $ | 3,045 |  |  |  |  |
Reconciliation of Depreciation and Amortization from Segments to Consolidated |
| For the three months ended September 30, |  |
| 2022 |  | 2021 |  |  |  |
| (in millions)
Depreciation and amortization |  |  |  |  |  |  |
Cable Network Programming | $ | 17 |  |  | $ | 10 |  |  |  |  |
Television | 29 |  |  | 26 |  |  |  |  |
Other, Corporate and Eliminations | 53 |  |  | 43 |  |  |  |  |
Total depreciation and amortization | $ | 99 |  |  | $ | 79 |  |  |  |  |
Reconciliation of Assets from Segments to Consolidated |
| As of September 30, 2022 |  | As of June 30, 2022
| (in millions)
Assets |  |  |
Cable Network Programming | $ | 2,692 |  |  | $ | 2,682 |
Television | 8,448 |  |  | 7,915 |
Other, Corporate and Eliminations | 10,635 |  |  | 11,010 |
Investments | 649 |  |  | 578 |
Total assets | $ | 22,424 |  |  | $ | 22,185 |

X
- Definition Reconciliation of revenue and segment Ebitda from segments to consolidated. + References No definition available. + Details
Name: | fox_ReconciliationOfRevenueAndSegmentEbitdaFromSegmentsToConsolidatedTableTableTextBlock
Namespace Prefix: | fox_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 + Details
Name: | us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration