10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-20-050013 |
| Period End Date | 20200930 |
| Filing Date | 20201103 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | fox-10q_20200930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.23B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.64B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.06B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.34B | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$2.00B | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$1.89B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$1.27B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$856.00M | USD | Point-in-time |
| Other |
OtherAssetsCurrent
|
$97.00M | USD | Point-in-time |
| Other |
OtherAssetsCurrent
|
$134.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$8.46B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$7.49B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.50B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.54B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.20B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.18B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.41B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.41B | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$3.96B | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$4.36B | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$1.80B | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$1.94B | USD | Point-in-time |
| Total assets |
Assets
|
$22.50B | USD | Point-in-time |
| Total assets |
Assets
|
$21.75B | USD | Point-in-time |
| Accounts payable, accrued expenses and other current liabilities |
LiabilitiesCurrent
|
$1.91B | USD | Point-in-time |
| Accounts payable, accrued expenses and other current liabilities |
LiabilitiesCurrent
|
$2.01B | USD | Point-in-time |
| Borrowings |
LongTermDebtNoncurrent
|
$7.95B | USD | Point-in-time |
| Borrowings |
LongTermDebtNoncurrent
|
$7.95B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.48B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.42B | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$310.00M | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$305.00M | 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
|
$9.83B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.67B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.52B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$674.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-417.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-408.00M | USD | Point-in-time |
| Total Fox Corporation stockholders' equity |
StockholdersEquity
|
$10.09B | USD | Point-in-time |
| Total Fox Corporation stockholders' equity |
StockholdersEquity
|
$10.79B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$15.00M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$17.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.81B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.96B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.11B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.33B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$22.50B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$21.75B | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
Revenues
|
$2.72B | USD | 1 Quarter |
| Revenues |
Revenues
|
$2.67B | USD | 1 Quarter |
| Operating expenses |
OperatingCostsAndExpenses
|
$1.17B | USD | 1 Quarter |
| Operating expenses |
OperatingCostsAndExpenses
|
$1.47B | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$388.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$352.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$68.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$50.00M | USD | 1 Quarter |
| Impairment and restructuring charges |
RestructuringSettlementAndImpairmentProvisions
|
$35.00M | USD | 1 Quarter |
| Impairment and restructuring charges |
RestructuringSettlementAndImpairmentProvisions
|
$9.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$90.00M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$99.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$1.00M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$17.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-15.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$519.00M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$700.00M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.48B | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$362.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$187.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$513.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.12B | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$11.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$14.00M | USD | 1 Quarter |
| Net income attributable to Fox Corporation stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$1.11B | USD | 1 Quarter |
| Net income attributable to Fox Corporation stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$499.00M | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
603.00M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
622.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
605.00M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
624.00M | shares | 1 Quarter |
| Net income attributable to Fox Corporation stockholders per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$1.83 | USD | 1 Quarter |
| Net income attributable to Fox Corporation stockholders per share - basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.80 | USD | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$513.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.12B | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$68.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$50.00M | USD | 1 Quarter |
| Amortization of cable distribution investments |
AmortizationOfCableDistributionInvestments
|
$9.00M | USD | 1 Quarter |
| Amortization of cable distribution investments |
AmortizationOfCableDistributionInvestments
|
$5.00M | USD | 1 Quarter |
| Impairment and restructuring charges |
RestructuringSettlementAndImpairmentProvisions
|
$35.00M | USD | 1 Quarter |
| Impairment and restructuring charges |
RestructuringSettlementAndImpairmentProvisions
|
$9.00M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$27.00M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$31.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-15.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$519.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$391.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$165.00M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$193.00M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$110.00M | USD | 1 Quarter |
| Inventories net of program rights payable |
InventoriesNetOfProgramRightsPayable
|
$440.00M | USD | 1 Quarter |
| Inventories net of program rights payable |
InventoriesNetOfProgramRightsPayable
|
$358.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-113.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-62.00M | USD | 1 Quarter |
| Other changes, net |
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
$166.00M | USD | 1 Quarter |
| Other changes, net |
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
$5.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$202.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$267.00M | USD | 1 Quarter |
| Property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$39.00M | USD | 1 Quarter |
| Property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$117.00M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
$31.00M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.00M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$1.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-149.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-40.00M | USD | 1 Quarter |
| Repurchase of shares |
PaymentsForRepurchaseOfCommonStock
|
$267.00M | USD | 1 Quarter |
| Repurchase of shares |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Non-operating cash flows from (to) The Walt Disney Company |
NonOperatingCashFlowsFromToDisney
|
$152.00M | USD | 1 Quarter |
| Non-operating cash flows from (to) The Walt Disney Company |
NonOperatingCashFlowsFromToDisney
|
$-41.00M | USD | 1 Quarter |
| Settlement of Divestiture Tax prepayment |
SettlementOfDivestitureTaxPrepayment
|
- | USD | 1 Quarter |
| Settlement of Divestiture Tax prepayment |
SettlementOfDivestitureTaxPrepayment
|
$462.00M | USD | 1 Quarter |
| Dividends paid and distributions |
PaymentsOfDividends
|
$15.00M | USD | 1 Quarter |
| Dividends paid and distributions |
PaymentsOfDividends
|
$14.00M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-34.00M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$298.00M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-56.00M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$106.00M | USD | 1 Quarter |
| Net increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$416.00M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.23B | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.64B | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.06B | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.34B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.23B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.64B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.06B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.34B | USD | Point-in-time |
Stockholders Equity
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.81B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.96B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.11B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.33B | USD | Point-in-time |
| Net income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$1.11B | USD | 1 Quarter |
| Net income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$504.00M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$9.00M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossNetOfTax
|
$4.00M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$143.00M | USD | 1 Quarter |
| Dividends declared |
Dividends
|
$138.00M | USD | 1 Quarter |
| Shares repurchased |
StockRepurchasedAndRetiredDuringPeriodValue
|
$270.00M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$19.00M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$-7.00M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.81B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$9.96B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.11B | USD | Point-in-time |
| Ending Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.33B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income attributable to redeemable noncontrolling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$4.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$513.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.12B | USD | 1 Quarter |
| Net income attributable to redeemable noncontrolling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$9.00M | USD | 1 Quarter |
| Benefit plan adjustments |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-9.00M | USD | 1 Quarter |
| Benefit plan adjustments |
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
$-4.00M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$9.00M | USD | 1 Quarter |
| Other comprehensive income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$4.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$1.13B | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$517.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$11.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$14.00M | USD | 1 Quarter |
| Comprehensive income attributable to Fox Corporation stockholders |
ComprehensiveIncomeNetOfTax
|
$503.00M | USD | 1 Quarter |
| Comprehensive income attributable to Fox Corporation stockholders |
ComprehensiveIncomeNetOfTax
|
$1.11B | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.