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10-Q Filing

TWENTY-FIRST CENTURY FOX, INC. CIK: 1308161 Q1 2015
Filing Information
Form Type 10-Q
Accession Number 0001564590-14-005307
Period End Date 20140930
Filing Date 20141107
Fiscal Year 2015
Fiscal Period Q1
XBRL Instance fox-20140930.xml
Filing Contents
Balance Sheet 66 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.66B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.66B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.68B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $5.42B USD Point-in-time
Receivables, net AccountsReceivableNetCurrent $6.35B USD Point-in-time
Receivables, net AccountsReceivableNetCurrent $6.47B USD Point-in-time
Inventories, net InventoryNet $3.09B USD Point-in-time
Inventories, net InventoryNet $3.38B USD Point-in-time
Other OtherAssetsCurrent $401.00M USD Point-in-time
Other OtherAssetsCurrent $559.00M USD Point-in-time
Total current assets AssetsCurrent $15.38B USD Point-in-time
Total current assets AssetsCurrent $14.95B USD Point-in-time
Receivables LongTermAccountsNotesAndLoansReceivableNetNoncurrent $483.00M USD Point-in-time
Receivables LongTermAccountsNotesAndLoansReceivableNetNoncurrent $454.00M USD Point-in-time
Investments LongTermInvestments $2.86B USD Point-in-time
Investments LongTermInvestments $3.73B USD Point-in-time
Inventories, net InventoryNoncurrent $6.44B USD Point-in-time
Inventories, net InventoryNoncurrent $6.75B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $2.93B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $2.79B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $7.83B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $8.07B USD Point-in-time
Goodwill Goodwill $17.61B USD Point-in-time
Goodwill Goodwill $18.05B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $562.00M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $607.00M USD Point-in-time
Total assets Assets $54.79B USD Point-in-time
Total assets Assets $54.71B USD Point-in-time
Borrowings LongTermDebtCurrent $799.00M USD Point-in-time
Borrowings LongTermDebtCurrent $814.00M USD Point-in-time
Accounts payable, accrued expenses and other current liabilities AccountsPayableAndOtherAccruedLiabilitiesCurrent $4.18B USD Point-in-time
Accounts payable, accrued expenses and other current liabilities AccountsPayableAndOtherAccruedLiabilitiesCurrent $4.38B USD Point-in-time
Participations, residuals and royalties payable ParticipationsResidualsAndRoyaltiesPayable $1.67B USD Point-in-time
Participations, residuals and royalties payable ParticipationsResidualsAndRoyaltiesPayable $1.55B USD Point-in-time
Program rights payable ProgramRightsObligationsCurrent $1.61B USD Point-in-time
Program rights payable ProgramRightsObligationsCurrent $1.64B USD Point-in-time
Deferred revenue DeferredRevenueCurrent $672.00M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $690.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $8.86B USD Point-in-time
Total current liabilities LiabilitiesCurrent $9.16B USD Point-in-time
Borrowings LongTermDebtNoncurrent $19.39B USD Point-in-time
Borrowings LongTermDebtNoncurrent $18.26B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $3.51B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $3.52B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $2.73B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $2.56B USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $541.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $540.00M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $15.04B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $14.87B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.13B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.39B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-756.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-34.00M USD Point-in-time
Total Twenty-First Century Fox, Inc. stockholders' equity StockholdersEquity $16.27B USD Point-in-time
Total Twenty-First Century Fox, Inc. stockholders' equity StockholdersEquity $17.42B USD Point-in-time
Noncontrolling interests MinorityInterest $3.27B USD Point-in-time
Noncontrolling interests MinorityInterest $3.48B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.12B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.90B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $20.38B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $19.54B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $54.79B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $54.71B USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Revenues Revenues $31.87B USD Annual
Revenues Revenues $7.06B USD 1 Quarter
Revenues Revenues $7.89B USD 1 Quarter
Operating expenses OperatingCostsAndExpenses $5.05B USD 1 Quarter
Operating expenses OperatingCostsAndExpenses $4.45B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.08B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $1.02B USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $276.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $313.00M USD 1 Quarter
Equity earnings of affiliates IncomeLossFromEquityMethodInvestments $622.00M USD Annual
Equity earnings of affiliates IncomeLossFromEquityMethodInvestments $379.00M USD 1 Quarter
Equity earnings of affiliates IncomeLossFromEquityMethodInvestments $92.00M USD 1 Quarter
Interest expense, net InterestExpense $305.00M USD 1 Quarter
Interest expense, net InterestExpense $272.00M USD 1 Quarter
Interest expense, net InterestExpense $1.12B USD Annual
Interest income InvestmentIncomeInterest $14.00M USD 1 Quarter
Interest income InvestmentIncomeInterest $26.00M USD Annual
Interest income InvestmentIncomeInterest $8.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-35.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $35.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $174.00M USD Annual
Income from continuing operations before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.19B USD Annual
Income from continuing operations before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.60B USD 1 Quarter
Income from continuing operations before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.08B USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $300.00M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.27B USD Annual
Income tax expense IncomeTaxExpenseBenefit $503.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $3.92B USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $1.10B USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $776.00M USD 1 Quarter
(Loss) income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-7.00M USD 1 Quarter
(Loss) income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $487.00M USD 1 Quarter
(Loss) income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $729.00M USD Annual
Net income ProfitLoss $1.26B USD 1 Quarter
Net income ProfitLoss $1.09B USD 1 Quarter
Net income ProfitLoss $4.65B USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $132.00M USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $56.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 1 Quarter
Net income attributable to Twenty-First Century Fox, Inc. stockholders NetIncomeLossAvailableToCommonStockholdersBasic $1.25B USD 1 Quarter
Net income attributable to Twenty-First Century Fox, Inc. stockholders NetIncomeLossAvailableToCommonStockholdersBasic $4.51B USD Annual
Net income attributable to Twenty-First Century Fox, Inc. stockholders NetIncomeLossAvailableToCommonStockholdersBasic $1.04B USD 1 Quarter
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders - basic and diluted IncomeLossFromContinuingOperations $1.04B USD 1 Quarter
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders - basic and diluted IncomeLossFromContinuingOperations $768.00M USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 2.31B shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 2.19B shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 2.19B shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 2.31B shares 1 Quarter
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders per share - basic and diluted IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $0.33 USD 1 Quarter
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders per share - basic and diluted IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $0.48 USD 1 Quarter
Net income attributable to Twenty-First Century Fox, Inc. stockholders per share - basic and diluted EarningsPerShareBasicAndDiluted $0.54 USD 1 Quarter
Net income attributable to Twenty-First Century Fox, Inc. stockholders per share - basic and diluted EarningsPerShareBasicAndDiluted $0.47 USD 1 Quarter
Cash Flow Statement 71 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $1.26B USD 1 Quarter
Net income ProfitLoss $1.09B USD 1 Quarter
Net income ProfitLoss $4.65B USD Annual
Less: (Loss) income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-7.00M USD 1 Quarter
Less: (Loss) income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $487.00M USD 1 Quarter
Less: (Loss) income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $729.00M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $3.92B USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $1.10B USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $776.00M USD 1 Quarter
Amortization of cable distribution investments AmortizationOfCableDistributionInvestments $22.00M USD 1 Quarter
Amortization of cable distribution investments AmortizationOfCableDistributionInvestments $23.00M USD 1 Quarter
Equity-based compensation ShareBasedCompensation $37.00M USD 1 Quarter
Equity-based compensation ShareBasedCompensation $53.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $276.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $313.00M USD 1 Quarter
Equity earnings of affiliates IncomeLossFromEquityMethodInvestments $622.00M USD Annual
Equity earnings of affiliates IncomeLossFromEquityMethodInvestments $379.00M USD 1 Quarter
Equity earnings of affiliates IncomeLossFromEquityMethodInvestments $92.00M USD 1 Quarter
Cash distributions received from affiliates EquityMethodInvestmentDividendsOrDistributions $13.00M USD 1 Quarter
Cash distributions received from affiliates EquityMethodInvestmentDividendsOrDistributions $3.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-35.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $35.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $174.00M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-83.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $91.00M USD 1 Quarter
Receivables and other assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets $-26.00M USD 1 Quarter
Receivables and other assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets $150.00M USD 1 Quarter
Inventories net of program rights payable InventoriesNetOfProgramRightsPayable $718.00M USD 1 Quarter
Inventories net of program rights payable InventoriesNetOfProgramRightsPayable $590.00M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities $-111.00M USD 1 Quarter
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities $192.00M USD 1 Quarter
Net cash provided by operating activities from continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $345.00M USD 1 Quarter
Net cash provided by operating activities from continuing operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $457.00M USD 1 Quarter
Property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $127.00M USD 1 Quarter
Property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $171.00M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $7.00M USD 1 Quarter
Investments in equity affiliates InvestmentsAndOutflowsInEquityAffiliates $950.00M USD 1 Quarter
Investments in equity affiliates InvestmentsAndOutflowsInEquityAffiliates $137.00M USD 1 Quarter
Other investments PaymentsForProceedsFromOtherInvestingActivities $13.00M USD 1 Quarter
Other investments PaymentsForProceedsFromOtherInvestingActivities $14.00M USD 1 Quarter
Proceeds from dispositions ProceedsFromInvestmentSalesAndFromDivestitureOfBusiness $3.00M USD 1 Quarter
Proceeds from dispositions ProceedsFromInvestmentSalesAndFromDivestitureOfBusiness $69.00M USD 1 Quarter
Net cash used in investing activities from continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-1.02B USD 1 Quarter
Net cash used in investing activities from continuing operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-326.00M USD 1 Quarter
Borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $987.00M USD 1 Quarter
Borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $1.29B USD 1 Quarter
Repayment of borrowings RepaymentsOfLongTermDebtAndCapitalSecurities $114.00M USD 1 Quarter
Issuance of shares ProceedsFromIssuanceOfCommonStock $48.00M USD 1 Quarter
Issuance of shares ProceedsFromIssuanceOfCommonStock $66.00M USD 1 Quarter
Repurchase of shares PaymentsForRepurchaseOfCommonStock $1.27B USD 1 Quarter
Repurchase of shares PaymentsForRepurchaseOfCommonStock $913.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStockAndNonControllingInterests $58.00M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStockAndNonControllingInterests $82.00M USD 1 Quarter
Purchase of subsidiary shares from noncontrolling interests PaymentsToMinorityShareholders $75.00M USD 1 Quarter
Distribution to News Corporation CashDistributedToSpinOff $10.00M USD 1 Quarter
Net cash used in financing activities from continuing operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-132.00M USD 1 Quarter
Net cash used in financing activities from continuing operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-3.00M USD 1 Quarter
Net decrease in cash and cash equivalents from discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $-29.00M USD 1 Quarter
Net decrease in cash and cash equivalents from discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $-17.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-713.00M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-13.00M USD 1 Quarter
Cash and cash equivalents, beginning of year CashAndCashEquivalentsAtCarryingValue $6.66B USD Point-in-time
Cash and cash equivalents, beginning of year CashAndCashEquivalentsAtCarryingValue $4.66B USD Point-in-time
Cash and cash equivalents, beginning of year CashAndCashEquivalentsAtCarryingValue $6.68B USD Point-in-time
Cash and cash equivalents, beginning of year CashAndCashEquivalentsAtCarryingValue $5.42B USD Point-in-time
Exchange movement on cash balances EffectOfExchangeRateOnCashAndCashEquivalents $35.00M USD 1 Quarter
Exchange movement on cash balances EffectOfExchangeRateOnCashAndCashEquivalents $-46.00M USD 1 Quarter
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $6.66B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $4.66B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $6.68B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $5.42B USD Point-in-time
Comprehensive Income 23 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $1.26B USD 1 Quarter
Net income ProfitLoss $1.09B USD 1 Quarter
Net income ProfitLoss $4.65B USD Annual
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $23.00M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $24.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-900.00M USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $390.00M USD 1 Quarter
Unrealized holding losses on securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-12.00M USD 1 Quarter
Unrealized holding losses on securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-10.00M USD 1 Quarter
Benefit plan adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-6.00M USD 1 Quarter
Benefit plan adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-6.00M USD 1 Quarter
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $384.00M USD 1 Quarter
Other comprehensive (loss) income, net of tax OtherComprehensiveIncomeLossNetOfTax $-904.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.65B USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $189.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $132.00M USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $56.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $8.00M USD 1 Quarter
Less: Other comprehensive loss (income) attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $-182.00M USD 1 Quarter
Less: Other comprehensive loss (income) attributable to noncontrolling interests OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest $93.00M USD 1 Quarter
Comprehensive income attributable to Twenty-First Century Fox, Inc. stockholders ComprehensiveIncomeNetOfTax $1.55B USD 1 Quarter
Comprehensive income attributable to Twenty-First Century Fox, Inc. stockholders ComprehensiveIncomeNetOfTax $4.80B USD Annual
Comprehensive income attributable to Twenty-First Century Fox, Inc. stockholders ComprehensiveIncomeNetOfTax $315.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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