Company: FOX
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001628280-25-024466
Chunk: 9

Company: Fox Corp
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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)(38)(28)(52)Comprehensive income attributable to Fox Corporation stockholders$349 $667 $1,548 $1,186 

(a)Net income attributable to noncontrolling interests includes $1 million and $(1) million for the three months ended March 31, 2025 and 2024, respectively, and nil and $(5) million for the nine months ended March 31, 2025 and 2024, respectively, relating to redeemable noncontrolling interests.

The accompanying notes are an integral part of these Unaudited Consolidated Financial Statements.

2

FOX CORPORATION

CONSOLIDATED BALANCE SHEETS

(IN MILLIONS, EXCEPT SHARE AND PER SHARE AMOUNTS)

As ofMarch 31,2025As ofJune 30, 2024(unaudited) (audited) ASSETSCurrent assets  Cash and cash equivalents$4,815 $4,319 Receivables, net3,252 2,364 Inventories, net455 626 Other227 192 Total current assets8,749 7,501 Non-current assetsProperty, plant and equipment, net1,660 1,696 Intangible assets, net3,030 3,038 Goodwill3,639 3,544 Deferred tax assets2,712 2,878 Other non-current assets3,577 3,315 Total assets$23,367 $21,972 LIABILITIES AND EQUITYCurrent liabilitiesBorrowings$600 $599 Accounts payable, accrued expenses and other current liabilities2,967 2,353 Total current liabilities3,567 2,952 Non-current liabilitiesBorrowings6,601 6,598 Other liabilities1,333 1,366 Redeemable noncontrolling interests228 242 Commitments and contingenciesEquityClass A Common Stock(a)2 2 Class B Common Stock(b)2 2 Additional paid-in capital7,628 7,678 Retained earnings3,999 3,139 Accumulated other comprehensive loss(105)(107)Total Fox Corporation stockholders’ equity11,526 10,714 Noncontrolling interests112 100 Total equity11,638 10,814 Total liabilities and equity$23,367 $21,972 

(a)Class A Common Stock, $0.