v3.8.0.1
Stockholders' Equity (Tables)
|
3 Months Ended |
|
|---|
| Stockholders Equity Note [Abstract] |
|
| Schedule of Changes in Stockholders' Equity |
The following table summarizes changes in stockholders’ equity:
|
|
|
For the three months ended September 30, |
|
|
|
|
2017 |
|
|
2016 |
|
|
|
|
Twenty-First Century Fox stockholders |
|
|
Noncontrolling interests |
|
|
Total
equity |
|
|
Twenty-First Century Fox stockholders |
|
|
Noncontrolling interests |
|
|
Total
equity |
|
|
|
|
(in millions) |
|
|
Balance, beginning of period |
|
$ |
15,722 |
|
|
$ |
1,216 |
|
|
$ |
16,938 |
|
|
$ |
13,661 |
|
|
$ |
1,220 |
|
|
$ |
14,881 |
|
|
Net income |
|
|
855 |
|
|
|
36 |
|
(a) |
|
891 |
|
|
|
821 |
|
|
|
40 |
|
(a) |
|
861 |
|
|
Other comprehensive income (loss) |
|
|
142 |
|
|
|
9 |
|
|
|
151 |
|
|
|
(41 |
) |
|
|
1 |
|
|
|
(40 |
) |
|
Issuance (cancellation) of shares, net |
|
|
41 |
|
|
|
- |
|
|
|
41 |
|
|
|
(390 |
) |
|
|
- |
|
|
|
(390 |
) |
|
Dividends declared |
|
|
(333 |
) |
|
|
- |
|
|
|
(333 |
) |
|
|
(335 |
) |
|
|
- |
|
|
|
(335 |
) |
|
Other |
|
|
(123 |
) |
|
|
(9 |
) |
(b) |
|
(132 |
) |
|
|
91 |
|
|
|
(13 |
) |
(b) |
|
78 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance, end of period |
|
$ |
16,304 |
|
|
$ |
1,252 |
|
|
$ |
17,556 |
|
|
$ |
13,807 |
|
|
$ |
1,248 |
|
|
$ |
15,055 |
|
|
(a) |
Net income attributable to noncontrolling interests excludes $29 million and $27 million for the three months ended September 30, 2017 and 2016, respectively, relating to redeemable noncontrolling interests which are reflected in temporary equity. |
|
(b) |
Other activity attributable to noncontrolling interests excludes $(24) million and $(26) million for the three months ended September 30, 2017 and 2016, respectively, relating to redeemable noncontrolling interests. |
|
| Schedule of Activity within Other Comprehensive Income (Loss) |
The following table summarizes the activity within Other comprehensive income (loss):
|
|
|
For the three months ended September 30, |
|
|
|
|
2017 |
|
|
2016 |
|
|
|
|
Before tax |
|
|
Tax
(provision)
benefit |
|
|
Net of tax |
|
|
Before tax |
|
|
Tax
(provision)
benefit |
|
|
Net of tax |
|
|
|
|
(in millions) |
|
|
Foreign currency translation adjustments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized gains |
|
$ |
41 |
|
|
$ |
- |
|
|
$ |
41 |
|
|
$ |
2 |
|
|
$ |
- |
|
|
$ |
2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income |
|
$ |
41 |
|
|
$ |
- |
|
|
$ |
41 |
|
|
$ |
2 |
|
|
$ |
- |
|
|
$ |
2 |
|
|
Cash flow hedges |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized gains |
|
$ |
8 |
|
|
$ |
(3 |
) |
|
$ |
5 |
|
|
$ |
11 |
|
|
$ |
(4 |
) |
|
$ |
7 |
|
|
Amount reclassified on hedging activity(a) |
|
|
(8 |
) |
|
|
3 |
|
|
|
(5 |
) |
|
|
2 |
|
|
|
(1 |
) |
|
|
1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
13 |
|
|
$ |
(5 |
) |
|
$ |
8 |
|
|
Gains on securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized gains |
|
$ |
129 |
|
|
$ |
(47 |
) |
|
$ |
82 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income |
|
$ |
129 |
|
|
$ |
(47 |
) |
|
$ |
82 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
Benefit plan adjustments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reclassification adjustments realized in net income(b) |
|
$ |
10 |
|
|
$ |
(4 |
) |
|
$ |
6 |
|
|
$ |
14 |
|
|
$ |
(5 |
) |
|
$ |
9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income |
|
$ |
10 |
|
|
$ |
(4 |
) |
|
$ |
6 |
|
|
$ |
14 |
|
|
$ |
(5 |
) |
|
$ |
9 |
|
|
Equity method investments |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized gains (losses) and reclassifications |
|
$ |
34 |
|
|
$ |
(12 |
) |
|
$ |
22 |
|
|
$ |
(67 |
) |
|
$ |
8 |
|
|
$ |
(59 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income (loss) |
|
$ |
34 |
|
|
$ |
(12 |
) |
|
$ |
22 |
|
|
$ |
(67 |
) |
|
$ |
8 |
|
|
$ |
(59 |
) |
|
(a) |
Reclassifications of amounts related to hedging activity are included in Revenues, Operating expenses, Selling, general and administrative expenses, Interest expense, net or Other, net, as appropriate, in the Unaudited Consolidated Statements of Operations (See Note 5 – Fair Value for additional information regarding hedging activity). |
|
(b) |
Reclassifications of amounts related to benefit plan adjustments are included in Other, net in the Unaudited Consolidated Statements of Operations. |
|
| Computation of Numerator for Earnings Per Share |
The following table sets forth the Company’s computation of Income from continuing operations attributable to Twenty-First Century Fox stockholders:
|
|
|
For the three months ended September 30, |
|
|
|
|
2017 |
|
|
2016 |
|
|
|
|
(in millions) |
|
|
Income from continuing operations |
|
$ |
904 |
|
|
$ |
894 |
|
|
Less: Net income attributable to noncontrolling interests |
|
|
(65 |
) |
|
|
(67 |
) |
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations attributable to Twenty-First Century Fox stockholders |
|
$ |
839 |
|
|
$ |
827 |
|
|
| Schedule of Dividends Declared |
The following table summarizes the dividends declared per share on both the Company’s Class A Common Stock and the Class B Common Stock:
|
|
|
For the three months ended September 30, |
|
|
|
|
2017 |
|
|
2016 |
|
|
Cash dividend per share |
|
$ |
0.18 |
|
|
$ |
0.18 |
|
|
| X |
- DefinitionReconciliation of the numerator of income from continuing operations attributable to the parent entity for the earnings per share calculation.
| Name: |
fox_EarningsPerShareDataNumeratorReconciliationTableTextBlock |
| Namespace Prefix: |
fox_ |
| Data Type: |
nonnum:textBlockItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionTabular disclosure of information related to dividends declared, including paid and unpaid dividends.
| Name: |
us-gaap_DividendsDeclaredTableTextBlock |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
nonnum:textBlockItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionTabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.
| Name: |
us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
nonnum:textBlockItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- DefinitionTabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented.
| Name: |
us-gaap_ScheduleOfStockholdersEquityTableTextBlock |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
nonnum:textBlockItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
| X |
- References
+ Details
| Name: |
us-gaap_StockholdersEquityNoteAbstract |
| Namespace Prefix: |
us-gaap_ |
| Data Type: |
xbrli:stringItemType |
| Balance Type: |
na |
| Period Type: |
duration |
|
|
