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10-Q Filing

Fox Corp CIK: 1754301 Q3 2019
Filing Information
Form Type 10-Q
Accession Number 0001564590-19-018565
Period End Date 20190331
Filing Date 20190510
Fiscal Year 2019
Fiscal Period Q3
XBRL Instance fox-20190331.xml
Filing Contents
Balance Sheet 58 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.82B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $19.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.78B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $2.50B USD Point-in-time
Receivables, net AccountsReceivableNetCurrent $1.83B USD Point-in-time
Receivables, net AccountsReceivableNetCurrent $1.95B USD Point-in-time
Inventories, net InventoryNet $1.18B USD Point-in-time
Inventories, net InventoryNet $1.07B USD Point-in-time
Other OtherAssetsCurrent $67.00M USD Point-in-time
Other OtherAssetsCurrent $123.00M USD Point-in-time
Total current assets AssetsCurrent $5.58B USD Point-in-time
Total current assets AssetsCurrent $5.96B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $1.29B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $1.17B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $2.87B USD Point-in-time
Intangible assets, net IntangibleAssetsNetExcludingGoodwill $2.85B USD Point-in-time
Goodwill Goodwill $2.69B USD Point-in-time
Goodwill Goodwill $2.75B USD Point-in-time
Deferred tax assets DeferredTaxAssetsLiabilitiesNetNoncurrent $3.69B USD Point-in-time
Deferred tax assets DeferredTaxAssetsLiabilitiesNetNoncurrent - USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $1.18B USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $759.00M USD Point-in-time
Total assets Assets $13.12B USD Point-in-time
Total assets Assets $17.66B USD Point-in-time
Accounts payable, accrued expenses and other current liabilities AccountsPayableAndOtherAccruedLiabilitiesCurrent $1.30B USD Point-in-time
Accounts payable, accrued expenses and other current liabilities AccountsPayableAndOtherAccruedLiabilitiesCurrent $1.76B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.30B USD Point-in-time
Total current liabilities LiabilitiesCurrent $1.76B USD Point-in-time
Borrowings LongTermDebtNoncurrent $6.75B USD Point-in-time
Borrowings LongTermDebtNoncurrent - USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $863.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $422.00M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent - USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $1.07B USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $136.00M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityCarryingAmount $275.00M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Twenty-First Century Fox, Inc. investment ParentCompanyInvestment - USD Point-in-time
Twenty-First Century Fox, Inc. investment ParentCompanyInvestment $9.51B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $8.71B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $101.00M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit - USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $81.00M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-214.00M USD Point-in-time
Total Fox Corporation stockholders' equity StockholdersEquity $9.59B USD Point-in-time
Total Fox Corporation stockholders' equity StockholdersEquity $8.60B USD Point-in-time
Noncontrolling interests MinorityInterest - USD Point-in-time
Noncontrolling interests MinorityInterest $11.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $9.59B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.61B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $8.98B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $10.41B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.09B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $7.95B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $13.12B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $17.66B USD Point-in-time
Income Statement 64 line items
Line Item Tag Value Unit Period
Revenues Revenues $2.75B USD 1 Quarter
Revenues Revenues $2.46B USD 1 Quarter
Revenues Revenues $8.88B USD 3 Qtrs
Revenues Revenues $7.76B USD 3 Qtrs
Operating expenses OperatingCostsAndExpenses $5.97B USD 3 Qtrs
Operating expenses OperatingCostsAndExpenses $5.05B USD 3 Qtrs
Operating expenses OperatingCostsAndExpenses $1.44B USD 1 Quarter
Operating expenses OperatingCostsAndExpenses $1.66B USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $896.00M USD 3 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $336.00M USD 1 Quarter
Selling, general and administrative SellingGeneralAndAdministrativeExpense $964.00M USD 3 Qtrs
Selling, general and administrative SellingGeneralAndAdministrativeExpense $324.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $152.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $58.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $126.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $43.00M USD 1 Quarter
Impairment and restructuring charges RestructuringSettlementAndImpairmentProvisions $14.00M USD 1 Quarter
Impairment and restructuring charges RestructuringSettlementAndImpairmentProvisions $11.00M USD 3 Qtrs
Impairment and restructuring charges RestructuringSettlementAndImpairmentProvisions $14.00M USD 1 Quarter
Impairment and restructuring charges RestructuringSettlementAndImpairmentProvisions $14.00M USD 3 Qtrs
Interest expense InterestExpense $112.00M USD 3 Qtrs
Interest expense InterestExpense $7.00M USD 1 Quarter
Interest expense InterestExpense $81.00M USD 1 Quarter
Interest expense InterestExpense $20.00M USD 3 Qtrs
Interest income InvestmentIncomeInterest - USD 3 Qtrs
Interest income InvestmentIncomeInterest $19.00M USD 1 Quarter
Interest income InvestmentIncomeInterest - USD 1 Quarter
Interest income InvestmentIncomeInterest $19.00M USD 3 Qtrs
Other, net OtherNonoperatingIncomeExpense $23.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-75.00M USD 3 Qtrs
Other, net OtherNonoperatingIncomeExpense $84.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-116.00M USD 3 Qtrs
Income before income tax (expense) benefit IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.58B USD 3 Qtrs
Income before income tax (expense) benefit IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.57B USD 3 Qtrs
Income before income tax (expense) benefit IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $654.00M USD 1 Quarter
Income before income tax (expense) benefit IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $706.00M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $390.00M USD 3 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $167.00M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $188.00M USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $-171.00M USD 3 Qtrs
Net income ProfitLoss $466.00M USD 1 Quarter
Net income ProfitLoss $1.18B USD 3 Qtrs
Net income ProfitLoss $539.00M USD 1 Quarter
Net income ProfitLoss $1.75B USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $32.00M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $37.00M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $10.00M USD 1 Quarter
Net income attributable to Fox Corporation stockholders NetIncomeLossAvailableToCommonStockholdersBasic $1.72B USD 3 Qtrs
Net income attributable to Fox Corporation stockholders NetIncomeLossAvailableToCommonStockholdersBasic $529.00M USD 1 Quarter
Net income attributable to Fox Corporation stockholders NetIncomeLossAvailableToCommonStockholdersBasic $1.14B USD 3 Qtrs
Net income attributable to Fox Corporation stockholders NetIncomeLossAvailableToCommonStockholdersBasic $457.00M USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 621.00M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 621.00M shares 3 Qtrs
Basic WeightedAverageNumberOfSharesOutstandingBasic 621.00M shares 3 Qtrs
Basic WeightedAverageNumberOfSharesOutstandingBasic 621.00M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 621.00M shares 3 Qtrs
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 621.00M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 621.00M shares 3 Qtrs
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 621.00M shares 1 Quarter
Net income attributable to Fox Corporation stockholders per share - basic and diluted EarningsPerShareBasicAndDiluted $0.85 USD 1 Quarter
Net income attributable to Fox Corporation stockholders per share - basic and diluted EarningsPerShareBasicAndDiluted $0.74 USD 1 Quarter
Net income attributable to Fox Corporation stockholders per share - basic and diluted EarningsPerShareBasicAndDiluted $1.84 USD 3 Qtrs
Net income attributable to Fox Corporation stockholders per share - basic and diluted EarningsPerShareBasicAndDiluted $2.76 USD 3 Qtrs
Cash Flow Statement 62 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $466.00M USD 1 Quarter
Net income ProfitLoss $1.18B USD 3 Qtrs
Net income ProfitLoss $539.00M USD 1 Quarter
Net income ProfitLoss $1.75B USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $152.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $58.00M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $126.00M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $43.00M USD 1 Quarter
Amortization of cable distribution investments AmortizationOfCableDistributionInvestments $43.00M USD 3 Qtrs
Amortization of cable distribution investments AmortizationOfCableDistributionInvestments $10.00M USD 1 Quarter
Amortization of cable distribution investments AmortizationOfCableDistributionInvestments $29.00M USD 3 Qtrs
Amortization of cable distribution investments AmortizationOfCableDistributionInvestments $11.00M USD 1 Quarter
Impairment and restructuring charges RestructuringSettlementAndImpairmentProvisions $14.00M USD 1 Quarter
Impairment and restructuring charges RestructuringSettlementAndImpairmentProvisions $11.00M USD 3 Qtrs
Impairment and restructuring charges RestructuringSettlementAndImpairmentProvisions $14.00M USD 1 Quarter
Impairment and restructuring charges RestructuringSettlementAndImpairmentProvisions $14.00M USD 3 Qtrs
Equity-based compensation ShareBasedCompensation $5.00M USD 3 Qtrs
Equity-based compensation ShareBasedCompensation - USD 3 Qtrs
Other, net OtherNonoperatingIncomeExpense $23.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-75.00M USD 3 Qtrs
Other, net OtherNonoperatingIncomeExpense $84.00M USD 1 Quarter
Other, net OtherNonoperatingIncomeExpense $-116.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $322.00M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-563.00M USD 3 Qtrs
Receivables and other assets IncreaseDecreaseInAccountsReceivable $196.00M USD 3 Qtrs
Receivables and other assets IncreaseDecreaseInAccountsReceivable $118.00M USD 3 Qtrs
Inventories net of program rights payable InventoriesNetOfProgramRightsPayable $300.00M USD 3 Qtrs
Inventories net of program rights payable InventoriesNetOfProgramRightsPayable $-137.00M USD 3 Qtrs
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-133.00M USD 3 Qtrs
Accounts payable and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-237.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.62B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $785.00M USD 3 Qtrs
Property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $148.00M USD 3 Qtrs
Property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $147.00M USD 3 Qtrs
Proceeds from the relinquishment of spectrum ProceedsFromSaleOfIntangibleAssets $354.00M USD 3 Qtrs
Proceeds from the relinquishment of spectrum ProceedsFromSaleOfIntangibleAssets - USD 3 Qtrs
Purchase of investments PaymentsToAcquireInvestments - USD 3 Qtrs
Purchase of investments PaymentsToAcquireInvestments $100.00M USD 3 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $9.00M USD 3 Qtrs
Other investing activities, net PaymentsForProceedsFromOtherInvestingActivities $64.00M USD 3 Qtrs
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-311.00M USD 3 Qtrs
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $197.00M USD 3 Qtrs
Borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet - USD 3 Qtrs
Borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $6.75B USD 3 Qtrs
Net transfers (to) from Twenty-First Century Fox, Inc. NetTransferFromToParentCompany $845.00M USD 3 Qtrs
Net transfers (to) from Twenty-First Century Fox, Inc. NetTransferFromToParentCompany $-1.23B USD 3 Qtrs
Net dividend paid to Twenty-First Century Fox, Inc. NetDividendPaidToParentCompany $6.50B USD 3 Qtrs
Net dividend paid to Twenty-First Century Fox, Inc. NetDividendPaidToParentCompany - USD 3 Qtrs
Distributions and other PaymentsOfDividends $12.00M USD 3 Qtrs
Distributions and other PaymentsOfDividends $65.00M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-995.00M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $780.00M USD 3 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $1.76B USD 3 Qtrs
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $318.00M USD 3 Qtrs
Cash and cash equivalents, beginning of year CashAndCashEquivalentsAtCarryingValue $2.82B USD Point-in-time
Cash and cash equivalents, beginning of year CashAndCashEquivalentsAtCarryingValue $19.00M USD Point-in-time
Cash and cash equivalents, beginning of year CashAndCashEquivalentsAtCarryingValue $1.78B USD Point-in-time
Cash and cash equivalents, beginning of year CashAndCashEquivalentsAtCarryingValue $2.50B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $2.82B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $19.00M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $1.78B USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $2.50B USD Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $466.00M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $6.00M USD 1 Quarter
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $32.00M USD 3 Qtrs
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $27.00M USD 3 Qtrs
Net income ProfitLoss $1.18B USD 3 Qtrs
Net income attributable to redeemable noncontrolling interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $9.00M USD 1 Quarter
Net income ProfitLoss $539.00M USD 1 Quarter
Net income ProfitLoss $1.75B USD 3 Qtrs
Unrealized holding (losses) gains on securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 1 Quarter
Unrealized holding (losses) gains on securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax - USD 3 Qtrs
Unrealized holding (losses) gains on securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $84.00M USD 3 Qtrs
Unrealized holding (losses) gains on securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-93.00M USD 1 Quarter
Benefit plan adjustments and other OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-2.00M USD 1 Quarter
Benefit plan adjustments and other OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-1.00M USD 3 Qtrs
Benefit plan adjustments and other OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-5.00M USD 3 Qtrs
Benefit plan adjustments and other OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $2.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $5.00M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $2.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $85.00M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-95.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.83B USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $541.00M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.18B USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $371.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $32.00M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $37.00M USD 3 Qtrs
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $9.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $10.00M USD 1 Quarter
Comprehensive income attributable to Fox Corporation stockholders ComprehensiveIncomeNetOfTax $1.15B USD 3 Qtrs
Comprehensive income attributable to Fox Corporation stockholders ComprehensiveIncomeNetOfTax $531.00M USD 1 Quarter
Comprehensive income attributable to Fox Corporation stockholders ComprehensiveIncomeNetOfTax $362.00M USD 1 Quarter
Comprehensive income attributable to Fox Corporation stockholders ComprehensiveIncomeNetOfTax $1.80B USD 3 Qtrs

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

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