10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-23-036233 |
| Period End Date | 20230930 |
| Filing Date | 20231102 |
| Fiscal Year | 2024 |
| Fiscal Period | Q1 |
| XBRL Instance | fox-20230930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.83B | 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 |
| Cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.27B | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$2.18B | USD | Point-in-time |
| Receivables, net |
AccountsReceivableNetCurrent
|
$2.42B | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$751.00M | USD | Point-in-time |
| Inventories, net |
InventoryNet
|
$543.00M | USD | Point-in-time |
| Other |
OtherAssetsCurrent
|
$265.00M | USD | Point-in-time |
| Other |
OtherAssetsCurrent
|
$239.00M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$7.24B | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$7.26B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.71B | USD | Point-in-time |
| Property, plant and equipment, net |
PropertyPlantAndEquipmentNet
|
$1.68B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.08B | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$3.07B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.56B | USD | Point-in-time |
| Goodwill |
Goodwill
|
$3.56B | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$3.09B | USD | Point-in-time |
| Deferred tax assets |
DeferredIncomeTaxAssetsNet
|
$3.04B | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$3.06B | USD | Point-in-time |
| Other non-current assets |
OtherAssetsNoncurrent
|
$3.17B | USD | Point-in-time |
| Total assets |
Assets
|
$21.87B | USD | Point-in-time |
| Total assets |
Assets
|
$21.65B | USD | Point-in-time |
| Borrowings |
LongTermDebtCurrent
|
$1.25B | USD | Point-in-time |
| Borrowings |
LongTermDebtCurrent
|
$1.25B | USD | Point-in-time |
| Accounts payable, accrued expenses and other current liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.34B | USD | Point-in-time |
| Accounts payable, accrued expenses and other current liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.51B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.76B | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.59B | USD | Point-in-time |
| Borrowings |
LongTermDebtNoncurrent
|
$5.96B | USD | Point-in-time |
| Borrowings |
LongTermDebtNoncurrent
|
$5.96B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.42B | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$1.48B | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$213.00M | USD | Point-in-time |
| Redeemable noncontrolling interests |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$228.00M | 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
|
$7.99B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$8.25B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.54B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.27B | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-149.00M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-151.00M | USD | Point-in-time |
| Total Fox Corporation stockholders equity |
StockholdersEquity
|
$10.38B | USD | Point-in-time |
| Total Fox Corporation stockholders equity |
StockholdersEquity
|
$10.38B | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$67.00M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$67.00M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.45B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.45B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.59B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.38B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$21.65B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$21.87B | USD | Point-in-time |
Income Statement
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.21B | USD | 1 Quarter |
| Revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.19B | USD | 1 Quarter |
| Operating expenses |
OperatingCostsAndExpenses
|
$1.86B | USD | 1 Quarter |
| Operating expenses |
OperatingCostsAndExpenses
|
$1.66B | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$480.00M | USD | 1 Quarter |
| Selling, general and administrative |
SellingGeneralAndAdministrativeExpense
|
$448.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$99.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$96.00M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-68.00M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-42.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-76.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-166.00M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$561.00M | 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
|
$146.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$613.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$415.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$8.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$8.00M | USD | 1 Quarter |
| Net income attributable to Fox Corporation stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$407.00M | USD | 1 Quarter |
| Net income attributable to Fox Corporation stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$605.00M | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
492.00M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
550.00M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
552.00M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
494.00M | shares | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$1.10 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.83 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$1.10 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.82 | USD | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$613.00M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$415.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$99.00M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$96.00M | USD | 1 Quarter |
| Amortization of cable distribution investments |
AmortizationOfCableDistributionInvestments
|
$4.00M | USD | 1 Quarter |
| Amortization of cable distribution investments |
AmortizationOfCableDistributionInvestments
|
$4.00M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$24.00M | USD | 1 Quarter |
| Equity-based compensation |
ShareBasedCompensation
|
$7.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-76.00M | USD | 1 Quarter |
| Other, net |
OtherNonoperatingIncomeExpense
|
$-166.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$104.00M | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$47.00M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$260.00M | USD | 1 Quarter |
| Receivables and other assets |
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
$284.00M | USD | 1 Quarter |
| Inventories net of programming payable |
InventoriesNetOfProgrammingPayable
|
$253.00M | USD | 1 Quarter |
| Inventories net of programming payable |
InventoriesNetOfProgrammingPayable
|
$333.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
$-187.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
$-127.00M | USD | 1 Quarter |
| Other changes, net |
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
$27.00M | USD | 1 Quarter |
| Other changes, net |
IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet
|
$-87.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.00M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$270.00M | USD | 1 Quarter |
| Property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$71.00M | USD | 1 Quarter |
| Property, plant and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$74.00M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
$31.00M | USD | 1 Quarter |
| Purchase of investments |
PaymentsToAcquireInvestments
|
- | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$-13.00M | USD | 1 Quarter |
| Other investing activities, net |
PaymentsForProceedsFromOtherInvestingActivities
|
$13.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-58.00M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-118.00M | 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
|
$135.00M | USD | 1 Quarter |
| Dividends paid and distributions |
PaymentsOfDividends
|
$147.00M | USD | 1 Quarter |
| Sale of subsidiary noncontrolling interest |
ProceedsFromSaleOfInterestInPartnershipUnit
|
- | USD | 1 Quarter |
| Sale of subsidiary noncontrolling interest |
ProceedsFromSaleOfInterestInPartnershipUnit
|
$25.00M | USD | 1 Quarter |
| Other financing activities, net |
ProceedsFromPaymentsForOtherFinancingActivities
|
$-1.00M | 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
|
$-386.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-250.00M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-443.00M | USD | 1 Quarter |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.83B | 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 |
| Cash and cash equivalents, beginning of year |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.27B | USD | Point-in-time |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$3.83B | 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 |
| Cash and cash equivalents, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$4.27B | USD | Point-in-time |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.45B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.45B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.59B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.38B | USD | Point-in-time |
| Net income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$415.00M | USD | 1 Quarter |
| Net income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$618.00M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-2.00M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-2.00M | USD | 1 Quarter |
| Dividends |
Dividends
|
$127.00M | USD | 1 Quarter |
| Dividends |
Dividends
|
$137.00M | USD | 1 Quarter |
| Shares repurchased |
StockRepurchasedAndRetiredDuringPeriodValue
|
$250.00M | USD | 1 Quarter |
| Shares repurchased |
StockRepurchasedAndRetiredDuringPeriodValue
|
$252.00M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$19.00M | USD | 1 Quarter |
| Other |
StockholdersEquityOther
|
$28.00M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.45B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$10.45B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$11.59B | 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 |
ProfitLoss
|
$415.00M | USD | 1 Quarter |
| Net income (loss) attributable to redeemable noncontrolling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
- | USD | 1 Quarter |
| Net income (loss) attributable to redeemable noncontrolling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$-5.00M | USD | 1 Quarter |
| Benefit plan adjustments and other |
OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTransactionAndTranslationAndAfterReclassificationAdjustmentAfterTax
|
$-2.00M | USD | 1 Quarter |
| Benefit plan adjustments and other |
OtherComprehensiveIncomeLossDefinedBenefitPlanForeignCurrencyTransactionAndTranslationAndAfterReclassificationAdjustmentAfterTax
|
$-2.00M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-2.00M | USD | 1 Quarter |
| Other comprehensive loss, net of tax |
OtherComprehensiveIncomeLossNetOfTax
|
$-2.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$611.00M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$413.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$8.00M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$8.00M | USD | 1 Quarter |
| Comprehensive income attributable to Fox Corporation stockholders |
ComprehensiveIncomeNetOfTax
|
$405.00M | 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.