10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-22-027482 |
| Period End Date | 20220930 |
| Filing Date | 20221101 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | fox-20220930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.41B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.89B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.95B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.20B | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$2.13B | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$2.27B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$1.02B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$791.00M | USD | Point-in-time |
| Other |
OtherAssetsCurrent
|
$257.00M | USD | Point-in-time |
| Other |
OtherAssetsCurrent
|
$162.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$8.49B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$8.28B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.68B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.68B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.16B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.13B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.55B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.55B | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$3.44B | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$3.33B | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$2.07B | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$2.23B | USD | Point-in-time |
| Total assets |
Assets
|
$22.42B | USD | Point-in-time |
| Total assets |
Assets
|
$22.18B | USD | Point-in-time |
| Accounts payable, accrued expenses and other current liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.36B | USD | Point-in-time |
| Accounts payable, accrued expenses and other current liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.30B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.36B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$2.30B | USD | Point-in-time |
| Borrowings |
LongTermDebtNoncurrent
|
$7.21B | USD | Point-in-time |
| Borrowings |
LongTermDebtNoncurrent
|
$7.21B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.08B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.12B | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$193.00M | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$188.00M | 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
|
$8.95B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$9.10B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.46B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.79B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-226.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-228.00M | USD | Point-in-time |
| Total Fox Corporation stockholders equity |
StockholdersEquity
|
$11.34B | USD | Point-in-time |
| Total Fox Corporation stockholders equity |
StockholdersEquity
|
$11.52B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$64.00M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$36.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.43B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.59B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.12B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.38B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$22.42B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$22.18B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.19B | USD | 1 Quarter |
| Revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.04B | USD | 1 Quarter |
| Operating expenses |
OperatingCostsAndExpenses
|
$1.57B | USD | 1 Quarter |
| Operating expenses |
OperatingCostsAndExpenses
|
$1.66B | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$415.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$448.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$79.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$99.00M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-68.00M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-97.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-76.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$69.00M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$952.00M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$845.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$232.00M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$244.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$613.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$708.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$8.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$7.00M | USD | 1 Quarter |
| Net income attributable to Fox Corporation stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$701.00M | USD | 1 Quarter |
| Net income attributable to Fox Corporation stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$605.00M | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
575.00M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
550.00M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
578.00M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
552.00M | shares | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.22 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.10 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.21 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.10 | USD | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$613.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$708.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$79.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$99.00M | USD | 1 Quarter |
| Amortization of cable distribution investments |
AmortizationOfCableDistributionInvestments
|
$5.00M | USD | 1 Quarter |
| Amortization of cable distribution investments |
AmortizationOfCableDistributionInvestments
|
$4.00M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$15.00M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$7.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-76.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$69.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$168.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$104.00M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$260.00M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$174.00M | USD | 1 Quarter |
| Inventories net of programming payable |
InventoriesNetOfProgrammingPayable
|
$499.00M | USD | 1 Quarter |
| Inventories net of programming payable |
InventoriesNetOfProgrammingPayable
|
$333.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
$-171.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
$-127.00M | USD | 1 Quarter |
| Other changes, net |
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
$33.00M | USD | 1 Quarter |
| Other changes, net |
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
$-87.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$270.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$29.00M | USD | 1 Quarter |
| Property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$53.00M | USD | 1 Quarter |
| Property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$74.00M | USD | 1 Quarter |
| Acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$75.00M | USD | 1 Quarter |
| Acquisitions, net of cash acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Proceeds from dispositions, net |
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
$82.00M | USD | 1 Quarter |
| Proceeds from dispositions, net |
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
- | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
$31.00M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
$29.00M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
- | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$13.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-118.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-75.00M | USD | 1 Quarter |
| Repurchase of shares |
PaymentsForRepurchaseOfCommonStock
|
$250.00M | USD | 1 Quarter |
| Repurchase of shares |
PaymentsForRepurchaseOfCommonStock
|
$250.00M | USD | 1 Quarter |
| Dividends paid and distributions |
PaymentsOfDividends
|
$150.00M | USD | 1 Quarter |
| Dividends paid and distributions |
PaymentsOfDividends
|
$147.00M | USD | 1 Quarter |
| Sale of subsidiary noncontrolling interest |
ProceedsFromSaleOfInterestInPartnershipUnit
|
$25.00M | USD | 1 Quarter |
| Sale of subsidiary noncontrolling interest |
ProceedsFromSaleOfInterestInPartnershipUnit
|
- | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-29.00M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-30.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-402.00M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-429.00M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.41B | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.89B | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.95B | USD | Point-in-time |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.20B | USD | Point-in-time |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-250.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-475.00M | USD | 1 Quarter |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.41B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.89B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.95B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$5.20B | USD | Point-in-time |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.43B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.59B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.12B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.38B | USD | Point-in-time |
| Net income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$618.00M | USD | 1 Quarter |
| Net income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$709.00M | USD | 1 Quarter |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$6.00M | USD | 1 Quarter |
| Other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$-2.00M | USD | 1 Quarter |
| Dividends |
Dividends
|
$138.00M | USD | 1 Quarter |
| Dividends |
Dividends
|
$137.00M | USD | 1 Quarter |
| Shares repurchased |
StockRepurchasedAndRetiredDuringPeriodValue
|
$250.00M | USD | 1 Quarter |
| Shares repurchased |
StockRepurchasedAndRetiredDuringPeriodValue
|
$250.00M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$19.00M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$22.00M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.43B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.59B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.12B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.38B | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$613.00M | USD | 1 Quarter |
| Net income attributable to redeemable noncontrolling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$-1.00M | USD | 1 Quarter |
| Net income attributable to redeemable noncontrolling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$-5.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$708.00M | USD | 1 Quarter |
| Benefit plan adjustments and other |
OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTransactionAndTranslationAndAfterReclassificationAdjustmentAfterTax
|
$-2.00M | USD | 1 Quarter |
| Benefit plan adjustments and other |
OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTransactionAndTranslationAndAfterReclassificationAdjustmentAfterTax
|
$6.00M | USD | 1 Quarter |
| Other comprehensive (loss) income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$6.00M | USD | 1 Quarter |
| Other comprehensive (loss) income, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-2.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$611.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$714.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$8.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$7.00M | USD | 1 Quarter |
| Comprehensive income attributable to Fox Corporation stockholders |
ComprehensiveIncomeNetOfTax
|
$707.00M | USD | 1 Quarter |
| Comprehensive income attributable to Fox Corporation stockholders |
ComprehensiveIncomeNetOfTax
|
$603.00M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.