Company: FOX
Filing Date: 2025-02-04
Form Type: 10-Q
Source: 0001628280-25-003592
Chunk: 13

Company: Fox Corp
Filing Date: 2025-02-04
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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 (1)(1)— (1)Dividends— — — — — (124)— (124)— (124)Shares repurchased(12)— — — (199)(306)— (505)— (505)Other5 — — — 171 40 — 211 (5)206 Balance, December 31, 2024219 $2 235 $2 $7,650 $3,949 $(108)$11,495 $116 $11,611 Balance, June 30, 2023263 $3 235 $2 $8,253 $2,269 $(149)$10,378 $67 $10,445 Net income— — — — — 516 — 516 18 534 Other comprehensive income— — — — — — 3 3 — 3 Dividends— — — — — (127)— (127)— (127)Shares repurchased(24)— — — (397)(108)— (505)— (505)Other2 — — — 23 (36)— (13)(12)(25)Balance, December 31, 2023241 $3 235 $2 $7,879 $2,514 $(146)$10,252 $73 $10,325 

(a)Excludes Redeemable noncontrolling interests which are reflected in temporary equity (See Note 4—Fair Value under the heading “Redeemable Noncontrolling Interests”).

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

5

FOX CORPORATIONNOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1. DESCRIPTION OF BUSINESS AND BASIS OF PRESENTATION

Fox Corporation (“FOX” or the “Company”) is a news, sports and entertainment company, which manages and reports its businesses in the following reportable segments: Cable Network Programming and Television.The accompanying Unaudited Consolidated Financial Statements of FOX have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. In the opinion of management,