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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Statement of Comprehensive Income [Abstract]      
Net income $ 187 $ 760 $ 389
Other comprehensive income (loss):      
Foreign currency translation adjustments 0 (518) 468
Net change in the fair value of cash flow hedges [1] 12 21 (2)
Benefit plan adjustments, net [2] (7) 71 2
Other comprehensive income (loss) 5 (426) 468
Comprehensive income 192 334 857
Less: Net income attributable to noncontrolling interests (38) (137) (59)
Less: Other comprehensive loss (income) attributable to noncontrolling interests [3] 18 97 (78)
Comprehensive income attributable to News Corporation stockholders $ 172 $ 294 $ 720
[1] Net of income tax expense of $4 million, $7 million and nil for the fiscal years ended June 30, 2023, 2022 and 2021, respectively.
[2] Net of income tax (benefit) expense of $(2) million, $19 million and $(1) million for the fiscal years ended June 30, 2023, 2022 and 2021, respectively.
[3] Primarily consists of foreign currency translation adjustments.