Twenty-First Century Fox (TFCF) 10-K 13 Aug 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2015	Aug. 07, 2015	Dec. 31, 2014
Document And Entity Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Entity Registrant Name	TWENTY-FIRST CENTURY FOX, INC.
Entity Central Index Key	1,308,161
Current Fiscal Year End Date	--06-30
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Class A Common Stock
Document And Entity Information [Line Items]
Trading Symbol	FOXA
Entity Common Stock, Shares Outstanding		1,220,939,959
Entity Public Float			$ 50,798,965,818
Class B Common Stock
Document And Entity Information [Line Items]
Trading Symbol	FOX
Entity Common Stock, Shares Outstanding		798,520,953
Entity Public Float			$ 17,950,963,365

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Statement [Abstract]
Revenues		$ 28,987	$ 31,867	$ 27,675
Operating expenses		(18,561)	(21,108)	(17,496)
Selling, general and administrative		(3,784)	(4,129)	(4,007)
Depreciation and amortization		(736)	(1,142)	(797)
Equity earnings of affiliates		904	622	655
Interest expense, net		(1,198)	(1,121)	(1,063)
Interest income		39	26	57
Other, net		4,196	174	3,712
Income from continuing operations before income tax expense		9,847	5,189	8,736
Income tax expense		(1,243)	(1,272)	(1,690)
Income from continuing operations		8,604	3,917	7,046
(Loss) income from discontinued operations, net of tax		(67)	729	277
Net income		8,537	4,646	7,323
Less: Net income attributable to noncontrolling interests	[1]	(231)	(132)	(226)
Net income attributable to Twenty-First Century Fox, Inc. stockholders		8,306	4,514	7,097
Earnings per share data
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders - basic		8,373	3,785	6,820
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders - diluted		$ 8,372	$ 3,785	$ 6,817
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders per share - basic		$ 3.94	$ 1.67	$ 2.91
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders per share - diluted		3.93	1.67	2.91
Net income attributable to Twenty-First Century Fox, Inc. stockholders per share - basic		3.91	1.99	3.03
Net income attributable to Twenty-First Century Fox, Inc. stockholders per share - diluted		$ 3.90	$ 1.99	$ 3.03
[1]	Net income attributable to noncontrolling interests includes $109 million, $95 million and $93 million for the fiscal years ended June 30, 2015, 2014 and 2013, respectively, relating to redeemable noncontrolling interests.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Statement Of Income And Comprehensive Income [Abstract]
Net income		$ 8,537	$ 4,646	$ 7,323
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	[1]	(1,812)	598	(874)
Unrealized holding losses on securities		(58)	(84)	(45)
Benefit plan adjustments		120	(107)	303
Other comprehensive (loss) income, net of tax		(1,750)	407	(616)
Comprehensive income		6,787	5,053	6,707
Less: Net income attributable to noncontrolling interests	[2]	(231)	(132)	(226)
Less: Other comprehensive loss (income) attributable to noncontrolling interests		214	(122)	(15)
Comprehensive income attributable to Twenty-First Century Fox, Inc. stockholders		$ 6,770	$ 4,799	$ 6,466
[1]	Foreign currency translation adjustments include $(214) million, $122 million and $15 million for fiscal 2015, 2014 and 2013, respectively, relating to noncontrolling interests.
[2]	Net income attributable to noncontrolling interests includes $109 million, $95 million and $93 million for the fiscal years ended June 30, 2015, 2014 and 2013, respectively, relating to redeemable noncontrolling interests.

CONSOLIDATED STATEMENTS OF COM4

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Statement Of Income And Comprehensive Income [Abstract]
Net income attributable to redeemable noncontrolling interests	$ 109	$ 95	$ 93

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014
Current assets:
Cash and cash equivalents		$ 8,428	$ 5,415
Receivables, net		5,912	6,468
Inventories, net	[1]	2,749	3,092
Other		287	401
Total current assets		17,376	15,376
Non-current assets:
Receivables, net		394	454
Investments		4,529	2,859
Inventories, net		6,411	6,442
Property, plant and equipment, net		1,722	2,931
Intangible assets, net		6,320	8,072
Goodwill		12,513	18,052
Other non-current assets		786	607
Total assets		50,051	54,793
Current liabilities:
Borrowings		244	799
Accounts payable, accrued expenses and other current liabilities		3,937	4,183
Participations, residuals and royalties payable		1,632	1,546
Program rights payable		1,001	1,638
Deferred revenue		448	690
Total current liabilities		7,262	8,856
Non-current liabilities:
Borrowings		18,795	18,259
Other liabilities		3,105	3,507
Deferred income taxes		2,082	2,729
Redeemable noncontrolling interests		$ 621	$ 541
Commitments and contingencies
Equity:
Additional paid-in capital		$ 13,427	$ 15,041
Retained earnings		5,343	2,389
Accumulated other comprehensive loss		(1,570)	(34)
Total Twenty-First Century Fox, Inc. stockholders' equity		17,220	17,418
Noncontrolling interests		966	3,483
Total equity		18,186	20,901
Total liabilities and equity		50,051	54,793
Class A Common Stock
Equity:
Common stock	[2]	12	14
Class B Common Stock
Equity:
Common stock	[3]	$ 8	$ 8
[1]	Current portion of inventories, net as of June 30, 2015 and 2014 was comprised of programming rights ($2,682 million and $3,011 million, respectively), DVDs, Blu-rays and other merchandise.
[2]	Class A common stock, $0.01 par value per share, 6,000,000,000 shares authorized, 1,239,971,838 shares and 1,408,305,942 shares issued and outstanding, net of 123,687,371 treasury shares at par as of June 30, 2015 and 2014, respectively.
[3]	Class B common stock, $0.01 par value per share, 3,000,000,000 shares authorized, 798,520,953 shares issued and outstanding, net of 356,993,807 treasury shares at par as of June 30, 2015 and 2014.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2015	Jun. 30, 2014
Class A Common Stock
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	6,000,000,000	6,000,000,000
Common stock, shares issued and outstanding net of treasury stock	1,239,971,838	1,408,305,942
Common stock, treasury shares	123,687,371	123,687,371
Class B Common Stock
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	3,000,000,000	3,000,000,000
Common stock, shares issued and outstanding net of treasury stock	798,520,953	798,520,953
Common stock, treasury shares	356,993,807	356,993,807

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Operating activities:
Net income	$ 8,537	$ 4,646	$ 7,323
Less: (Loss) income from discontinued operations, net of tax	(67)	729	277
Income from continuing operations	8,604	3,917	7,046
Adjustments to reconcile income from continuing operations to cash provided by operating activities:
Depreciation and amortization	736	1,142	797
Amortization of cable distribution investments	80	85	89
Equity-based compensation	83	129	192
Equity earnings of affiliates	(904)	(622)	(655)
Cash distributions received from affiliates	352	358	324
Other, net	(4,196)	(174)	(3,712)
Deferred income taxes and other taxes	171	(39)	480
Change in operating assets and liabilities, net of acquisitions and dispositions:
Receivables and other assets	(261)	(846)	(127)
Inventories net of program rights payable	(825)	(905)	(1,154)
Accounts payable and other liabilities	(223)	(81)	(278)
Net cash provided by operating activities from continuing operations	3,617	2,964	3,002
Investing activities:
Property, plant and equipment	(424)	(678)	(622)
Acquisitions, net of cash acquired	(142)	(692)	(606)
Investments in equity affiliates	(1,249)	(19)	(502)
Other investments	(76)	(64)	(152)
Proceeds from dispositions, net	8,627	518	1,968
Net cash provided by (used in) investing activities from continuing operations	6,736	(935)	86
Financing activities:
Borrowings	3,161	1,155	1,277
Repayment of borrowings	(2,845)	(296)	(754)
Issuance of shares and excess tax benefit from equity-based compensation	51	66	203
Repurchase of shares	(5,939)	(3,772)	(2,026)
Dividends paid and distributions	(878)	(792)	(613)
Purchase of subsidiary shares from noncontrolling interests	(652)	(127)	(163)
Sale of subsidiary shares to noncontrolling interests			93
Distribution to News Corporation		(10)	(2,588)
Net cash used in financing activities from continuing operations	(7,102)	(3,776)	(4,571)
Net (decrease) increase in cash and cash equivalents from discontinued operations	(49)	571	(1,431)
Net increase (decrease) in cash and cash equivalents	3,202	(1,176)	(2,914)
Cash and cash equivalents, beginning of year	5,415	6,659	9,626
Exchange movement on cash balances	(189)	(68)	(53)
Cash and cash equivalents, end of year	$ 8,428	$ 5,415	$ 6,659

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) shares in Millions, $ in Millions		Total	Common StockClass A Common Stock	Common StockClass B Common Stock	Additional Paid-In Capital	Retained Earnings and Accumulated Other Comprehensive Loss		Total Twenty-First Century Fox, Inc. Equity	Noncontrolling Interests	[1]
Balance at Jun. 30, 2012		$ 25,185	$ 15	$ 8	$ 16,140	$ 8,521		$ 24,684	$ 501
Balance, shares at Jun. 30, 2012			1,585	799
Net income		7,230				7,097		7,097	133
Other comprehensive (loss) income		(616)				(631)		(631)	15
Distribution to News Corp		(12,125)			13	(12,028)	[2]	(12,015)	(110)
Dividends declared		(398)				(398)		(398)
Shares (repurchased) issued, net, value	[3]	(1,725)			(253)	(1,472)		(1,725)
Shares (repurchased) issued, net, shares	[3]		(69)
Acquisitions	[4]	2,619							2,619
Other		(45)			(60)	46		(14)	(31)
Balance at Jun. 30, 2013		20,125	$ 15	$ 8	15,840	1,135		16,998	3,127
Balance, shares at Jun. 30, 2013			1,516	799
Net income		4,551				4,514		4,514	37
Other comprehensive (loss) income		407				285		285	122
Dividends declared		(568)				(568)		(568)
Shares (repurchased) issued, net, value	[3]	(3,602)	$ (1)		(611)	(2,990)		(3,602)
Shares (repurchased) issued, net, shares	[3]		(108)
Acquisitions	[4]	385							385
Other		(397)			(188)	(21)		(209)	(188)
Balance at Jun. 30, 2014		20,901	$ 14	$ 8	15,041	2,355		17,418	3,483
Balance, shares at Jun. 30, 2014			1,408	799
Net income		8,428				8,306		8,306	122
Other comprehensive (loss) income		(1,750)				(1,536)		(1,536)	(214)
Dividends declared		(586)				(586)		(586)
Shares (repurchased) issued, net, value	[3]	(5,744)	$ (2)		(960)	(4,782)		(5,744)
Shares (repurchased) issued, net, shares	[3]		(168)
Dispositions	[4]	(2,130)							(2,130)
Purchase of noncontrolling interests	[4]	(652)			(533)			(533)	(119)
Other		(281)			(121)	16		(105)	(176)
Balance at Jun. 30, 2015		$ 18,186	$ 12	$ 8	$ 13,427	$ 3,773		$ 17,220	$ 966
Balance, shares at Jun. 30, 2015			1,240	799
[1]	Net income attributable to noncontrolling interests excludes $109 million, $95 million and $93 million for the fiscal years ended June 30, 2015, 2014 and 2013, respectively, relating to redeemable noncontrolling interests which is reflected in temporary equity. Other activity attributable to noncontrolling interests excludes $29 million, $73 million and $215 million for the fiscal years ended June 30, 2015, 2014 and 2013, respectively, relating to redeemable noncontrolling interests.
[2]	Includes Other comprehensive (loss) income related to the Separation (as defined in Note 2 – Summary of Significant Accounting Policies) of $(28) million, $(3) million and $321 million for foreign currency translation adjustments, unrealized holding gains on securities and benefit plan adjustments, respectively.
[3]	Shares repurchased are retired.
[4]	See Note 3 – Acquisitions, Disposals and Other Transactions

CONSOLIDATED STATEMENTS OF EQU9

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Temporary Equity Disclosure [Abstract]
Net income attributable to redeemable noncontrolling interests		$ 109	$ 95	$ 93
Other activity attributable to redeemable noncontrolling interests		29	73	215
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Foreign currency translation adjustments	[1]	(1,812)	598	(874)
Unrealized holding gain on securities		(58)	(84)	(45)
Benefit plan adjustments		$ (120)	$ 107	(303)
News Corp
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent [Abstract]
Foreign currency translation adjustments				(28)
Unrealized holding gain on securities				(3)
Benefit plan adjustments				$ 321
[1]	Foreign currency translation adjustments include $(214) million, $122 million and $15 million for fiscal 2015, 2014 and 2013, respectively, relating to noncontrolling interests.

Description of Business

Description of Business	12 Months Ended
	Jun. 30, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Description of Business	NOTE 1. DESCRIPTION OF BUSINESS Twenty-First Century Fox, Inc., a Delaware corporation, and its subsidiaries (together, “Twenty-First Century Fox” or the “Company”) is a diversified global media and entertainment company, which currently manages and reports its businesses in the following segments: Cable Network Programming, which principally consists of the production and licensing of programming distributed primarily through cable television systems, direct broadcast satellite operators, telecommunication companies and online video distributors primarily in the U.S. and internationally; Television, which principally consists of the broadcasting of network programming in the U.S. and the operation of 28 full power broadcast television stations, including 11 duopolies, in the U.S. (of these stations, 17 are affiliated with the FOX Broadcasting Company (“FOX”), 10 are affiliated with Master Distribution Service, Inc. (“MyNetworkTV”) and one is an independent station); Filmed Entertainment, which principally consists of the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media worldwide, and the production and licensing of television programming worldwide; and Other, Corporate and Eliminations, which principally consists of corporate overhead and eliminations and other businesses. In addition, the Direct Broadcast Satellite Television (“DBS”) segment consisted of the distribution of programming services via satellite, cable and broadband directly to subscribers in Italy, Germany and Austria. The DBS segment consisted entirely of the operations of Sky Italia and Sky Deutschland AG (“Sky Deutschland”) (collectively the “DBS businesses”). On November 12, 2014, Twenty-First Century Fox completed the sale of Sky Italia and its 57% interest in Sky Deutschland to British Sky Broadcasting Group plc, which was subsequently renamed Sky plc (“Sky”) (See Note 3 – Acquisitions, Disposals and Other Transactions). Sky is a pan-European digital television provider, which operates in Italy, Germany, Austria, the United Kingdom and Ireland. Following the sale of the DBS businesses, the Company continues to report in five segments for comparative purposes, and there is no future activity in the DBS segment.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of consolidation The Consolidated Financial Statements include the accounts of all majority-owned and controlled subsidiaries. In addition, the Company evaluates its relationships with other entities to identify whether they are variable interest entities as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810-10, “Consolidation” (“ASC 810-10”) and whether the Company is the primary beneficiary. Consolidation is required if both of these criteria are met. All significant intercompany accounts and transactions have been eliminated in consolidation, including the intercompany portion of transactions with equity method investees. Any change in the Company’s ownership interest in a consolidated subsidiary, where a controlling financial interest is retained, are accounted for as a capital transaction. When the Company ceases to have a controlling interest in a consolidated subsidiary, the Company will recognize a gain or loss in net income upon deconsolidation. On September 19, 2013, the Company changed its fiscal year from a 52-53 week fiscal year ending on the Sunday closest to June 30 to a fiscal year ending on June 30 (“fiscal”) of each year. The Company’s 2013 fiscal year ended on June 30, 2013. The Company made this change to better align its financial reporting with the media and entertainment assets retained following the separation of its business into two independent publicly traded companies (the “Separation”) by distributing to its stockholders all of the outstanding shares of the new News Corporation (“News Corp”) on June 28, 2013 (See Note 4 – Discontinued Operations). Reclassifications and adjustments Certain fiscal 2014 and 2013 amounts have been reclassified to conform to the fiscal 2015 presentation. As a result of the Separation, News Corp has been classified as discontinued operations for all periods presented (See Note 4 – Discontinued Operations). Unless indicated otherwise, the information in the notes to the Consolidated Financial Statements relates to the Company’s continuing operations. Use of estimates The preparation of the Company’s Consolidated Financial Statements in conformity with generally accepted accounting principles in the U.S. (“GAAP”) requires management to make estimates and assumptions that affect the amounts that are reported in the Consolidated Financial Statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that the Company may undertake in the future, actual results may differ from those estimates. Cash and cash equivalents Cash and cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less. Receivables Receivables are presented net of an allowance for returns and doubtful accounts, which is an estimate of amounts that may not be collectible. The allowance for doubtful accounts is estimated based on historical experience, receivable aging, current economic trends and specific identification of certain receivables that are at risk of not being paid. In determining the allowance for returns, management analyzes historical returns, current economic trends and changes in customer demand and acceptance of the Company’s products. Based on this information, management reserves a percentage of each dollar of product sales that provide the customer with the right of return. The Company has receivables with original maturities greater than one year in duration principally related to the Company’s sale of program rights in the television syndication markets within the Filmed Entertainment segment. Allowances for credit losses are established against these non-current receivables as necessary. As of June 30, 2015 and 2014, these allowances were not material. Receivables, net consist of: As of June 30, 2015 2014 (in millions) Total receivables $ 6,812 $ 7,737 Allowances for returns and doubtful accounts (506 ) (815 ) Total receivables, net 6,306 6,922 Less: current receivables, net (5,912 ) (6,468 ) Non-current receivables, net $ 394 $ 454 Inventories Filmed Entertainment Costs In accordance with ASC 926, “Entertainment—Films” (“ASC 926”), Filmed Entertainment costs include capitalized production costs, overhead and capitalized interest costs, net of any amounts received from outside investors. These costs, as well as participations and talent residuals, are recognized as operating expenses for each individual motion picture or television series based on the ratio that the current year’s gross revenues for such film or series bear to management’s estimate of its total remaining ultimate gross revenues. Management bases its estimates of ultimate revenue for each motion picture on the historical performance of similar motion pictures, incorporating factors such as the past box office record of the lead actors and actresses, the genre of the motion picture, pre-release market research (including test market screenings) and the expected number of theaters in which the motion picture will be released. Management updates such estimates based on information available on the actual results of each motion picture through its life cycle. Television production costs incurred in excess of the amount of revenue contracted for each episode in the initial market are expensed as incurred on an episode-by-episode basis. Estimates for initial syndication and basic cable revenues are not included in the estimated lifetime revenues of network series until such sales are probable. Television production costs incurred subsequent to the establishment of secondary markets are capitalized and amortized. Marketing costs and development costs under term deals are charged as operating expenses as incurred. Development costs for projects not produced are written-off at the earlier of the time the decision is made not to develop the story or after three years. Filmed Entertainment costs are stated at the lower of unamortized cost or estimated fair value on an individual motion picture or television series basis. Revenue forecasts for both motion pictures and television series are continually reviewed by management and revised when warranted by changing conditions. When estimates of total revenues and other events or changes in circumstances indicate that a motion picture or television series has a fair value that is less than its unamortized cost, a loss is recognized currently for the amount by which the unamortized cost exceeds the film or television series’ fair value. Programming Rights In accordance with ASC 920, “Entertainment—Broadcasters,” costs incurred in acquiring program rights or producing programs for the Cable Network Programming, Television and Direct Broadcast Satellite Television segments, including advances, are capitalized and amortized over the license period or projected useful life of the programming. Program rights and the related liabilities are recorded at the gross amount of the liabilities when the license period has begun, the cost of the program is determinable and the program is accepted and available for airing. Television broadcast network programming and original cable programming are amortized on an accelerated basis. The Company has single and multi-year contracts for broadcast rights of programs and sporting events. The Company evaluates the recoverability of the unamortized costs associated therewith, using total estimated advertising and other revenues attributable to the program material and considering the Company’s expectations of the programming usefulness of the program rights. The recoverability of sports rights contracts for content broadcast on the national sports channels is assessed on an aggregate basis. Where an evaluation indicates that these multi-year contracts will result in an asset that is not recoverable, additional amortization is provided. The costs of multi-year national sports contracts at FOX and the national sports channels are charged to expense and allocated to segments based on the ratio of each current period’s attributable revenue for each contract to the estimated total remaining attributable revenue for each contract. Estimates can change and, accordingly, are reviewed periodically and amortization is adjusted as necessary. Such changes in the future could be material. The costs of local and regional sports contracts for a specified number of events are amortized on an event-by-event basis while costs for local and regional sports contracts for a specified season are amortized over the season on a straight-line basis. Investments Investments in and advances to entities or joint ventures in which the Company has significant influence, but less than a controlling voting interest, are accounted for using the equity method. Significant influence is generally presumed to exist when the Company owns an interest between 20% and 50% and exercises significant influence. Under the equity method of accounting, the Company includes its investments and amounts due to and from its equity method investees in its Consolidated Balance Sheets. The Company’s Consolidated Statements of Operations include the Company’s share of the investees’ earnings (losses) and the Company’s Consolidated Statements of Cash Flows include all cash received from or paid to the investees. The difference between the Company’s investment and its share of the fair value of the underlying net assets of the investee is first allocated to either finite-lived intangibles or indefinite-lived intangibles and the balance is attributed to goodwill. The Company follows ASC 350, “Intangibles—Goodwill and Other” (“ASC 350”), which requires that equity method finite-lived intangibles be amortized over their estimated useful life while indefinite-lived intangibles and goodwill are not amortized. Investments in which the Company has no significant influence (generally less than a 20% ownership interest) are designated as available-for-sale investments if readily determinable market values are available. If an investment’s fair value is not readily determinable, the Company accounts for its investment at cost. The Company reports available-for-sale investments at fair value based on quoted market prices. Unrealized gains and losses on available-for-sale investments are included in Accumulated other comprehensive loss, net of applicable taxes and other adjustments until the investment is sold or considered impaired. Property, plant and equipment Property, plant and equipment are stated at cost. Depreciation is provided using the straight-line method over an estimated useful life of 3 to 40 years. Leasehold improvements are amortized using the straight-line method over the shorter of their useful lives or the life of the lease. Costs associated with the repair and maintenance of property are expensed as incurred. Changes in circumstances, such as technological advances, or changes to the Company’s business model or capital strategy, could result in the actual useful lives differing from the Company’s estimates. In those cases where the Company determines that the useful life of buildings and equipment should be shortened, the Company would depreciate the asset over its revised remaining useful life, thereby increasing depreciation expense. Goodwill and Intangible assets The Company’s intangible assets include goodwill, film and television libraries, Federal Communications Commission (“FCC”) licenses, multi-channel video programming distributor (“MVPD”) affiliate agreements and relationships and trademarks and other copyrighted products. Intangible assets acquired in business combinations are recorded at their estimated fair value at the date of acquisition. Goodwill is recorded as the difference between the consideration paid to acquire entities and the estimated fair values assigned to their tangible and identifiable intangible net assets. In accordance with ASC 350, the Company’s goodwill and indefinite-lived intangible assets, which primarily consist of FCC licenses, are tested annually for impairment or earlier if events occur or circumstances change that would more likely than not reduce the fair value below its carrying amount. Intangible assets with finite lives are generally amortized over their estimated useful lives. The impairment assessment of indefinite-lived intangibles compares the fair value of the assets to their carrying value. The Company’s goodwill impairment reviews are determined using a two-step process. The first step of the process is to compare the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, the goodwill of the reporting unit is not impaired and the second step of the impairment review is not necessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment review is required to be performed to estimate the implied fair value of the reporting unit’s goodwill. The implied fair value of the reporting unit’s goodwill is compared with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. When a business within a reporting unit is disposed of, goodwill is allocated to the disposed business using the relative fair value method. Asset impairments Investments Equity method investments are reviewed for impairment by comparing their fair value to their respective carrying amounts. The Company determines the fair value of its public company investments by reference to their publicly traded stock prices. With respect to private company investments, the Company makes its estimate of fair value by considering other available information, including recent investee equity transactions, discounted cash flow analyses, estimates based on comparable public company operating multiples and, in certain situations, balance sheet liquidation values. If the fair value of the investment has dropped below the carrying amount, management considers several factors when determining whether an other-than-temporary decline in market value has occurred, including the length of the time and extent to which the market value has been below cost, the financial condition and near-term prospects of the issuer, the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in market value and other factors influencing the fair market value, such as general market conditions. The Company regularly reviews available-for-sale investment securities for other-than-temporary impairment based on criteria that include the extent to which the investment’s carrying value exceeds its related market value, the duration of the market decline, the Company’s ability to hold until recovery and the financial strength and specific prospects of the issuer of the security. The Company regularly reviews investments accounted for at cost for other-than-temporary impairment based on criteria that include the extent to which the investment’s carrying value exceeds its related estimated fair value, the duration of the estimated fair value decline, the Company’s ability to hold until recovery and the financial strength and specific prospects of the issuer of the security. Long-lived assets ASC 360, “Property, Plant, and Equipment,” and ASC 350 require that the Company periodically review the carrying amounts of its long-lived assets, including property, plant and equipment and finite-lived intangible assets, to determine whether current events or circumstances indicate that such carrying amounts may not be recoverable. If the carrying amount of the asset is greater than the expected undiscounted cash flows to be generated by such asset, an impairment adjustment is recognized if the carrying value of such asset exceeds its fair value. The Company generally measures fair value by considering sale prices for similar assets or by discounting estimated future cash flows using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of assets; accordingly, actual results could vary significantly from such estimates. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value less their costs to sell. Guarantees The Company follows ASC 460, “Guarantees” (“ASC 460”). ASC 460 requires a guarantor to recognize, at the inception of a guarantee, a liability for the fair value of the obligation undertaken in issuing certain guarantees. Subsequently, the initial liability recognized for the guarantee is generally reduced as the Company is released from the risk under the guarantee. The Company periodically reviews the facts and circumstances pertaining to its guarantees in determining the level of related risk. Revenue recognition Revenue is recognized when persuasive evidence of an arrangement exists, the fees are fixed or determinable, the product or service has been delivered and collectability is reasonably assured. The Company considers the terms of each arrangement to determine the appropriate accounting treatment. Cable Network Programming, Television and Direct Broadcast Satellite Television Advertising revenue is recognized as the commercials are aired, net of agency commissions. Subscriber fees received from MVPDs for Cable Network Programming and Television are recognized as affiliate fee revenue in the period services are provided. Direct Broadcast Satellite Television subscription and pay-per-view revenues are recognized when programming is broadcast to subscribers, while fees for equipment rental are recognized as revenue on a straight-line basis over the contract period. The Company classifies the amortization of cable distribution investments (capitalized fees paid to MVPDs to facilitate carriage of a cable network) against affiliate fee revenue in accordance with ASC 605-50, “Revenue Recognition—Customer Payments and Incentives.” The Company defers the cable distribution investments and amortizes the amounts on a straight-line basis over the contract period. Filmed Entertainment Revenues from the distribution of motion pictures and television series are recognized in accordance with ASC 926. Revenues from the theatrical distribution of motion pictures are recognized as they are exhibited, and revenues from home entertainment sales, net of a reserve for estimated returns, are recognized on the date that DVD and Blu-ray units are made widely available for sale by retailers or when made available for viewing via digital distribution platforms and all Company-imposed restrictions on the sale or availability have expired. Revenues from television distribution are recognized when the motion picture or television series is made available to the licensee for broadcast. License agreements for the broadcast of motion pictures and television series in the broadcast network, syndicated television and cable television markets are routinely entered into in advance of their available date for broadcast. Cash received and amounts billed in connection with such contractual rights for which revenue is not yet recognizable is classified as deferred revenue. Because deferred revenue generally relates to contracts for the licensing of motion pictures and television series which have already been produced, the recognition of revenue for such completed product is principally only dependent upon the commencement of the availability period for broadcast under the terms of the related licensing agreement. The Company earns and recognizes revenues as a distributor on behalf of third parties. In such cases, determining whether revenue should be reported on a gross or net basis is based on management’s assessment of whether the Company acts as the principal or agent in the transaction. To the extent the Company acts as the principal in a transaction, revenues are reported on a gross basis. Determining whether the Company acts as principal or agent in a transaction involves judgment and is based on an evaluation of whether the Company has the substantial risks and rewards of ownership under the terms of an arrangement. Film production financing The Company enters into arrangements with third parties to co-produce certain of its theatrical productions. These arrangements, which are referred to as co-financing arrangements, take various forms. The parties to these arrangements include studio and non-studio entities both domestic and international. In several of these agreements, other parties control certain distribution rights. The Company records the amounts received for the sale of an economic interest as a reduction of the cost of the film, as the investor assumes full risk for that portion of the film asset acquired in these transactions. The substance of these arrangements is that the third-party investors own an interest in the film and, therefore, receive a participation based on the third-party investors’ contractual interest in the profits or losses incurred on the film. Consistent with the requirements of ASC 926, the estimate of the third-party investor’s interest in profits or losses on the film is based on total estimated ultimate revenues. Direct Broadcast Satellite Television programming expense and subscriber acquisition costs Programming expenses of the Direct Broadcast Satellite Television segment are the fees paid to vendors to license the programming distributed to customers. These programming expenses are recognized at the time the Company distributes the related programming. Contracts with vendors are generally multi-year agreements that provide for the Company to make payments at agreed upon rates based on the number of subscribers. Subscriber acquisition costs in the Direct Broadcast Satellite Television segment primarily consist of amounts paid for third-party customer acquisitions, which consist of the cost of commissions paid to authorized retailers and dealers for subscribers added through their respective distribution channels and the cost of hardware and installation subsidies for subscribers. All costs, including hardware, installation and commissions, are expensed upon activation. However, where legal ownership is retained in the equipment, the cost of the equipment is capitalized and depreciated over the useful life. Additional components of subscriber acquisition costs include the cost of print, radio and television advertising, which are expensed as incurred. Advertising expenses The Company expenses advertising costs as incurred, including advertising expenses for theatrical and television productions in accordance with ASC 720-35, “Other Expenses—Advertising Cost.” Advertising expenses recognized totaled $2.6 billion, $2.9 billion and $2.2 billion for fiscal 2015, 2014 and 2013, respectively. Translation of foreign currencies Foreign subsidiaries and affiliates are translated into U.S. dollars using the current rate method, whereby trading results are converted at the average rate of exchange for the period and assets and liabilities are converted at the closing rates on the period end date. The resulting translation adjustments are accumulated as a component of Accumulated other comprehensive loss. Gains and losses from foreign currency transactions are included in income for the period. Income taxes The Company accounts for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires an asset and liability approach for financial accounting and reporting for income taxes. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Valuation allowances are established where management determines that it is more likely than not that some portion or all of a deferred tax asset will not be realized. Deferred taxes have not been provided on the cumulative undistributed earnings of foreign subsidiaries to the extent amounts are reinvested indefinitely. Earnings per share Basic earnings per share for the Class A common stock, par value $0.01 per share (“Class A Common Stock”), and Class B common stock, par value $0.01 per share (“Class B Common Stock”) is calculated by dividing Net income attributable to Twenty-First Century Fox stockholders by the weighted average number of outstanding shares of Class A Common Stock and Class B Common Stock. Diluted earnings per share for Class A Common Stock and Class B Common Stock is calculated similarly, except that the calculation for Class A Common Stock includes the dilutive effect of the assumed issuance of shares issuable under the Company’s equity-based compensation plans. Equity-based compensation The Company accounts for share-based payments in accordance with ASC 718, “Compensation—Stock Compensation” (“ASC 718”). ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the Consolidated Financial Statements. ASC 718 establishes fair value as the measurement objective in accounting for share-based payment arrangements and requires all companies to apply a fair-value-based measurement method in accounting for generally all share-based payment transactions with employees (See Note 13 – Equity-Based Compensation). Financial instruments and derivatives The carrying value of the Company’s financial instruments, such as cash and cash equivalents, receivables, payables and cost method investments, approximate fair value. The fair value of financial instruments is generally determined by reference to market values resulting from trading on a national securities exchange or in an over-the-counter market. The Company uses derivative financial instruments to hedge its exposures to foreign currency exchange rate and interest rate risks. All derivative financial instruments used as hedges are recorded at fair value on the Consolidated Balance Sheets (See Note 8 – Fair Value). The effective changes in fair values of derivatives designated as cash flow and net investment hedges are recorded in accumulated other comprehensive loss and included in foreign currency translation adjustments. The effective changes in the fair values of derivatives designated as cash flow hedges are reclassified from accumulated other comprehensive loss to net income when the underlying hedged item is recognized in earnings. Cash flows from the settlement of derivative contracts designated as cash flow hedges offset cash flows from the underlying hedged items and are included in operating activities in the Consolidated Statements of Cash Flows. The effective changes in the fair values of derivatives designated as net investment hedges are reclassified from accumulated other comprehensive loss to net income when the related foreign subsidiaries or equity method investments are sold. The related cash flows are reported in Proceeds from dispositions, net within Net cash provided by (used in) investing activities from continuing operations in the Consolidated Statements of Cash Flows (See Note 3 – Acquisitions, Disposals and Other Transactions). Derivative instruments embedded in other contracts, such as convertible debt securities and exchangeable securities, are separated into their host and derivative financial instrument components. The derivative component is recorded at its estimated fair value in the Consolidated Balance Sheets with changes in estimated fair value recorded in Other, net in the Consolidated Statements of Operations. Concentrations of credit risk Cash and cash equivalents are maintained with several financial institutions. The Company has deposits held with banks that exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions of reputable credit and, therefore, bear minimal credit risk. The Company’s receivables did not represent significant concentrations of credit risk as of June 30, 2015 or 2014 due to the wide variety of customers, markets and geographic areas to which the Company’s products and services are sold. The Company monitors its positions with, and the credit quality of, the financial institutions which are counterparties to its financial instruments. The Company is exposed to credit loss in the event of nonperformance by the counterparties to the agreements. As of June 30, 2015, the Company did not anticipate nonperformance by any of the counterparties. Recently Adopted and Recently Issued Accounting Guidance Adopted In March 2013, the FASB issued Accounting Standards Update (“ASU”) 2013-05, “Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity” (“ASU 2013-05”). The objective of ASU 2013-05 is to resolve the diversity in practice regarding the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets or a business within a foreign entity. ASU 2013-05 was effective for the Company for interim reporting periods beginning July 1, 2014. The Company’s adoption of ASU 2013-05 did not have a material effect on the Company’s Consolidated Financial Statements. Issued In April 2014, the FASB issued ASU 2014-08, “Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360)” (“ASU 2014-08”). The amendments in ASU 2014-08 provide guidance for the recognition of discontinued operations, change the requirements for reporting discontinued operations in ASC 205-20, “Discontinued Operations” (“ASC 205-20”) and require additional disclosures about discontinued operations. ASU 2014-08 is effective on a prospective basis for the Company for interim reporting periods beginning July 1, 2015. Certain disposals that occurred in the past were not reported as discontinued operations as they did not meet the criteria under current accounting guidance. Such disposals would have met the criteria to be reported as discontinued operations in accordance with ASU 2014-08 (See Note 3 – Acquisitions, Disposals and Other Transactions). In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts from Customers (Topic 606)” (“ASU 2014-09”). The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 is effective for the Company for interim reporting periods beginning July 1, 2018. Early adoption is permitted from July 1, 2017. The Company is currently evaluating the impact ASU 2014-09 will have on its Consolidated Financial Statements. In June 2014, the FASB issued ASU 2014-12, “Compensation––Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period” (“ASU 2014-12”). The amendments in ASU 2014-12 require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 is effective for the Company for interim reporting periods beginning July 1, 2016. The Company does not expect the adoption of ASU 2014-12 to have a significant impact on its Consolidated Financial Statements. In April 2015, the FASB issued ASU 2015-03, “Interest––Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”). To simplify the presentation of debt issuance costs, ASU 2015-03 requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. ASU 2015-03 requires retrospective adoption and is effective for the Company for the interim reporting periods beginning July 1, 2016. The Company does not expect the adoption of ASU 2015-03 to have a significant impact on its Consolidated Financial Statements. In April 2015, the FASB issued AS

Acquisitions, Disposals and Oth

Acquisitions, Disposals and Other Transactions	12 Months Ended
	Jun. 30, 2015
Acquisitions Disposals And Other Transactions [Abstract]
Acquisitions, Disposals and Other Transactions	NOTE 3. ACQUISITIONS, DISPOSALS AND OTHER TRANSACTIONS During fiscal 2015, the Company completed acquisitions as more fully described below. All of the Company’s acquisitions were accounted for under ASC 805, “Business Combinations” (“ASC 805”), which requires, among other things, that an acquirer (i) remeasure any previously held equity interest in an acquiree at its acquisition date fair value and recognize any resulting gains or losses in earnings and (ii) record any noncontrolling interests in an acquiree at their acquisition date fair values. Accordingly, several of the transactions described below resulted in the recognition of remeasurement gains since the Company acquired control of an acquiree in stages. Further, other transactions described below involved the Company acquiring control with an ownership stake of less than 100%. In those instances, the allocation of the excess purchase price reflects 100% of the fair value of the acquiree with the noncontrolling interests recorded at fair value. The below acquisitions all support the Company’s strategic priority of increasing its brand presence and reach in key domestic and international markets, acquiring greater control of investments that complement its portfolio of businesses, creating new pay-TV sports franchises and leveraging its sports broadcasting rights. For some recent acquisitions, the accounting for the business combination is based on provisional amounts and the allocation of the excess purchase price is not final. The amounts allocated to intangibles and goodwill, the estimates of useful lives and the related amortization expense are subject to change pending the completion of final valuations of certain assets and liabilities. A change in the purchase price allocations and any estimates of useful lives could result in a change in the value allocated to the intangible assets that could impact future amortization expense. Fiscal 2015 Acquisitions MAA Television Network In February 2015, the Company entered into an agreement to acquire the broadcast business of MAA Television Network Limited (“MAA TV”), an entity in India that broadcasts and operates Telugu language entertainment channels, for approximately $375 million in cash. The acquisition is subject to customary closing conditions, including regulatory approvals. The transaction is expected to close before December 31, 2015. trueX media inc. In February 2015, the Company acquired trueX media inc. (“true[X]”), a video advertising company specializing in consumer engagement and on-demand marketing campaigns, for an estimated total purchase price of approximately $175 million in cash including deferred payments which are subject to the achievement of service and performance conditions. The excess purchase price of approximately $125 million has been preliminarily allocated, based on a provisional valuation of true[X], as follows: approximately $30 million to intangible assets and the balance of the excess representing the goodwill on the transaction and other net assets. The goodwill reflects the synergies and increased market penetration expected from combining the operations of true[X] and the Company. San Francisco-Bay Area Television Stations In October 2014, the Company acquired two San Francisco-Bay area television stations, KTVU-TV FOX 2 and KICU-TV 36, with a fair value of approximately $220 million from Cox Media Group in exchange for the Company’s FOX Broadcasting Company (“FOX”) affiliated stations WHBQ-TV FOX 13 and WFXT-TV FOX 25, located in the Memphis and Boston markets, respectively. The aggregate excess purchase price of approximately $175 million has been allocated, based on a valuation of the two San Francisco-Bay area television stations, as follows: approximately $170 million to intangible assets, of which approximately $105 million has been allocated to FCC licenses with indefinite lives and approximately $65 million to amortizable intangible assets, primarily retransmission agreements with useful lives of approximately 8 years; and the balance of the excess representing the goodwill on the transaction. Dispositions Sky Italia and Sky Deutschland During fiscal 2013, the Company acquired, through a combination of a private placement and a rights offering, approximately 92 million additional shares of Sky Deutschland increasing the Company’s ownership interest to 55%. The remaining 45% of Sky Deutschland not owned by the Company was recorded at fair value of approximately $2.3 billion, based on the closing price of its shares on the Frankfurt Stock Exchange on the date control was acquired (a Level 1 measurement as defined in Note 8 – Fair Value). The aggregate cost of shares acquired by the Company was approximately €410 million (approximately $550 million). The carrying amount of the Company’s previously held equity interest in Sky Deutschland was revalued to fair value as of the acquisition date, resulting in a gain of approximately $2.1 billion which was included in Other, net in the Consolidated Statement of Operations for fiscal 2013. The aggregate excess purchase price was allocated as follows: approximately $1.7 billion to intangible assets, primarily consisting of subscriber relationships, with a useful life of 11 years, and the indefinite-lived Sky trade name, approximately $4.3 billion representing the goodwill on the transaction and the related deferred tax liabilities. As a result of these transactions, the Company had the power to control Sky Deutschland and the results of Sky Deutschland were included in the Company’s consolidated results of operations beginning in January 2013. Prior to the acquisition of the additional 5% ownership interest, the Company accounted for its investment in Sky Deutschland under the equity method of accounting and the Company’s investment consisted of common stock, convertible bonds and loans. In connection with the consolidation of Sky Deutschland, the Company assumed approximately $480 million in bank debt, which Sky Deutschland repaid in full during fiscal 2013. In January 2011, the Company purchased a convertible bond from Sky Deutschland for approximately $225 million. In October 2014, the Company exercised its right to convert the bonds into 53.9 million Sky Deutschland shares, increasing the Company’s ownership interest to 57%. Prior to Sky Deutschland becoming a consolidated subsidiary, both the host and derivative financial instrument components of the convertible bond were recorded at their estimated fair value in Investments in the Consolidated Balance Sheets. The change in estimated fair value of the security (derivative instrument) resulted in a gain of $58 million recorded in Other, net in the Company’s Consolidated Statement of Operations for fiscal 2013. Subsequent to becoming a consolidated subsidiary, the derivative instrument was effectively settled as a pre-existing relationship under the provisions of ASC 805-10-25-21 “Business Combinations—Determining What Is Part of the Business Combination Transaction” with the carrying amount of the asset for the derivative component written off as a settlement loss which was included in Other, net in the Consolidated Statement of Operations for fiscal 2013. On November 12, 2014, the Company sold its 100% and 57% ownership stakes in Sky Italia and Sky Deutschland, respectively, to Sky for approximately $8.8 billion in value comprised of approximately $8.2 billion in cash received, net of $650 million of cash paid to acquire Sky’s 21% interest in NGC Network International LLC and NGC Network Latin America LLC (collectively “NGC International”), increasing the Company’s ownership stake in NGC International to 73%. In connection with this transaction, the Company participated in Sky’s equity offering in July 2014 by purchasing additional shares in Sky for approximately $900 million and maintained the Company’s 39% ownership interest. As a result of the transaction, Sky Italia and Sky Deutschland ceased to be consolidated subsidiaries of the Company. The Company recorded a pre-tax gain of approximately $5.0 billion on this transaction, which was included in Other, net in the Consolidated Statement of Operations for fiscal 2015. The resulting current income tax liability on this transaction was substantially offset by the utilization of capital loss carryforwards and foreign tax credits (See Note 17 – Income Taxes). The historical operating results of Sky Italia and Sky Deutschland and the gain on their disposal have not been classified as discontinued operations in the Consolidated Financial Statements, as the Company has a continuing involvement in Sky. The following table presents a summary of the assets and liabilities of Sky Italia and Sky Deutschland: As of November 12, 2014 As of June 30, 2014 (in millions) Total current assets $ 1,563 $ 1,200 Total non-current assets 7,193 7,944 Total assets $ 8,756 $ 9,144 Total current liabilities $ 1,885 $ 1,801 Total non-current liabilities 674 635 Total liabilities $ 2,559 $ 2,436 Shine Group The Company and funds managed by Apollo Global Management, LLC (“Apollo”) formed Endemol Shine Group in December 2014, to which the Company contributed its interests in Shine Group and cash, comprising an aggregate carrying value of approximately $830 million. The joint venture, a global multi-platform content provider, is comprised of Shine Group, Endemol and CORE Media Group. The Company and Apollo have an equal ownership interest in the joint venture. As a result of the transaction, Shine Group ceased to be a consolidated subsidiary of the Company. The Company recorded a gain of $58 million on this transaction which was included in Other, net in the Consolidated Statement of Operations for fiscal 2015. For income tax purposes, this was structured as a tax free transaction. The Company’s investment in the Endemol Shine Group is accounted for using the equity method of accounting. The historical operating results of Shine Group and the gain on its disposal have not been classified as discontinued operations in the Consolidated Financial Statements, as the Company has a continuing involvement in Endemol Shine Group. Fiscal 2014 Acquisitions Latin America Pay Television In September 2013, the Company acquired the 22% interest it did not already own in Latin America Pay Television (“LAPTV”), an entity that distributes premium and basic television channels in Latin America, for approximately $75 million in cash. As a result of this transaction, the Company now owns 100% of LAPTV. The transaction was accounted for as the purchase of subsidiary shares from noncontrolling interests. Yankees Entertainment and Sports Network In December 2012, the Company acquired a 49% equity interest in the Yankees Entertainment and Sports Network (“YES Network”), a Regional Sports Network (“RSN”) primarily broadcasting pre-season and regular season games for the New York Yankees and the Brooklyn Nets, for $584 million. Simultaneous with the closing of this transaction, the Company also paid approximately $250 million of upfront programming costs on behalf of the YES Network. The Company accounted for its investment in the YES Network under the equity method of accounting. The Company’s total investment of $834 million was allocated between tangible and intangible assets in accordance with ASC 323, “Investments––Equity Investments.” On February 28, 2014, the Company acquired an additional 31% interest in the YES Network, increasing the Company’s ownership interest to 80%, for approximately $680 million, net of cash acquired. Subsequent to the acquisition, the Company has consolidated the balance sheet and operating results of the YES Network, including $1.7 billion in debt. The remaining 20% of the YES Network not owned by the Company has been recorded at a fair value of approximately $385 million on the acquisition date based on the Company’s valuation of the YES Network business using a market approach (a Level 3 measurement as defined in Note 8 – Fair Value). The carrying amount of the Company’s previously held equity interest in the YES Network was revalued to its fair value of approximately $860 million as of the acquisition date. The aggregate excess purchase price has been allocated, based on a valuation of 100% of the YES Network, as follows: approximately $1.7 billion to intangible assets consisting of MVPD affiliate agreements and relationships with useful lives of 20 years and advertiser relationships with useful lives of 6 years, and the indefinite-lived YES Network trade name; approximately $1.7 billion to debt; approximately $1.6 billion representing the goodwill on the transaction; and other net assets. The goodwill reflects the synergies and increased market penetration expected from combining the operations of the YES Network and the Company. Subsequent to the acquisition, the Company paid approximately $160 million of upfront programming costs on behalf of the YES Network. For fiscal 2014, the incremental revenues and Segment OIBDA (as defined in Note 18 – Segment Information) related to the YES Network included in the Company’s consolidated results of operations were not material. Fiscal 2013 Acquisitions Eredivisie Media & Marketing In November 2012, the Company acquired a controlling 51% ownership stake in Eredivisie Media & Marketing CV (“EMM”) for approximately $350 million, of which $325 million was cash and $25 million was contingent consideration. EMM is a media company that holds the collective media and sponsorship rights of the Dutch Premier League. The remaining 49% of EMM, which is primarily owned by the Dutch Premier League and the global TV production company Endemol Shine Group, has been recorded at its acquisition date fair value. The excess purchase price, based on a valuation of 100% of EMM, of approximately $670 million has been allocated as follows: $325 million to amortizable intangible assets, primarily customer relationships, with useful lives ranging from 6 to 20 years, and approximately $345 million representing the goodwill on the transaction. The goodwill reflects the synergies and increased market penetration expected from combining the operations of EMM and the Company. The contingent consideration relates to payments that are contingent upon the achievement of certain performance objectives and was valued using an income approach using a probability-weighted discounted cash flow method. The contingent consideration is remeasured to fair value at each reporting date until the contingency is resolved. Fox Sports Asia (formerly ESPN Star Sports) In November 2012, the Company acquired the remaining 50% interest in ESPN Star Sports, now operating as Fox Sports Asia, that it did not already own for approximately $220 million, net of cash acquired. Fox Sports Asia is a leading sports broadcaster in Asia and the Company now, through its wholly owned subsidiaries, owns 100% of Fox Sports Asia. The carrying amount of the Company’s previously held equity interest in Fox Sports Asia was revalued to fair value as of the acquisition date, resulting in a non-taxable gain of $174 million which was included in Other, net in the Consolidated Statement of Operations for fiscal 2013. The aggregate excess purchase price of $1,030 million, including the revalued previously held investment of $280 million and contract-related liabilities of approximately $450 million, has been allocated as follows: $190 million to amortizable intangible assets, primarily MVPD affiliate agreements and relationships, with useful lives ranging from 8 to 15 years, and approximately $840 million representing the goodwill on the transaction. The goodwill reflects the synergies and increased market penetration expected from combining the operations of Fox Sports Asia and the Company. SportsTime Ohio In December 2012, the Company acquired SportsTime Ohio, a RSN serving the Cleveland, Ohio market, for an estimated total purchase price, including post-closing costs, of approximately $285 million, of which $135 million was in cash. The balance of the purchase price represents the fair value of deferred payments and payments that are contingent upon the achievement of certain performance objectives. The excess purchase price of approximately $275 million has been allocated as follows: $135 million to amortizable intangible assets, primarily MVPD affiliate agreements and relationships, with useful lives ranging from 8 to 20 years, and approximately $140 million representing the goodwill on the transaction. The goodwill reflects the synergies and increased market penetration expected from combining the operations of the RSN and the Company. The contingent consideration was valued using an income approach using a probability-weighted discounted cash flow method and is remeasured to fair value at each reporting date until the contingency is resolved. Other In May 2012, the Company renewed its existing FOX affiliation agreement with a major FOX affiliate group (“Network Affiliate”). As part of the transaction, the Company received cash consideration of $50 million and the Network Affiliate had an option to buy the Company’s Baltimore station. Network Affiliate exercised its option to purchase the Baltimore television station and the Company recognized a loss on the transaction of $92 million which was included in Other, net in the Consolidated Statement of Operations for fiscal 2013. The Company is amortizing the $50 million received from the Network Affiliate over the term of the affiliation agreement. In fiscal 2013, the Company increased its interest in Asianet Communications Limited (“Asianet Communications”), an entity in India that broadcasts and operates the Malayalam language channels Asianet and Asianet Plus and the Kannada language channel Suvarna television, to 87% from the 75% it owned at June 30, 2012 for approximately $160 million in cash. In fiscal 2014, the Company acquired the 13% interest it did not already own in Asianet Communications for approximately $50 million in cash. As a result of this transaction, the Company now owns 100% of Asianet Communications. These transactions were accounted for as the purchase of subsidiary shares from noncontrolling interests.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Jun. 30, 2015
Discontinued Operations And Disposal Groups [Abstract]
Discontinued Operations	NOTE 4. DISCONTINUED OPERATIONS Separation of News Corp On June 28, 2013, the Company completed the Separation of its business into two independent publicly traded companies by distributing to its stockholders all of the outstanding shares of News Corp. The Company retained its interests in a global portfolio of media and entertainment assets spanning six continents. News Corp holds the Company’s former businesses including newspapers, information services and integrated marketing services, digital real estate services, book publishing, digital education and sports programming and pay-TV distribution in Australia. The Company completed the Separation by distributing to its stockholders one share of News Corp Class A common stock for every four shares of the Company’s Class A Common Stock held on June 21, 2013, and one share of News Corp Class B common stock for every four shares of the Company’s Class B Common Stock held on June 21, 2013. The Company’s stockholders received cash in lieu of fractional shares. Following the Separation, the Company does not beneficially own any shares of News Corp Class A common stock or News Corp Class B common stock. Effective June 28, 2013, the Separation qualified for discontinued operations treatment in accordance with ASC 205-20 and accordingly the Company deconsolidated News Corp’s balance sheet as of June 30, 2013, and included its results for the fiscal years presented as discontinued operations on the Consolidated Statements of Operations and the Consolidated Statements of Cash Flows. The Company entered into a separation and distribution agreement with News Corp (the “Separation and Distribution Agreement”) pursuant to which the Company agreed to provide a cash contribution to News Corp immediately prior to the Separation, so that as of the Separation, News Corp would have approximately $2.6 billion of cash on hand. Accordingly, immediately prior to the Separation, the Company distributed approximately $2.4 billion to News Corp, which was comprised of $1.6 billion in cash funding and approximately $800 million that was held by News Corp’s subsidiaries immediately prior to the Separation. The Company made a final cash distribution of $217 million in September 2013, pursuant to the Separation and Distribution Agreement. Separation and Distribution Agreement The Separation and Distribution Agreement sets forth, among other things, the parties’ agreements regarding the principal transactions necessary to effect the Separation. It also provides that the Company will indemnify News Corp, on an after-tax basis, for payments made after the Separation arising out of civil claims and investigations relating to the U.K. Newspaper Matters (as defined in Note 15 – Commitments and Contingencies), as well as legal and professional fees and expenses paid in connection with the related criminal matters, other than fees, expenses and costs relating to employees who are not (i) directors, officers or certain designated employees or (ii) with respect to civil matters, co-defendants with News Corp (See Note 15 – Commitments and Contingencies). In addition, the Separation and Distribution Agreement governs the Company’s and News Corp’s agreements with regard to each party’s ability to comply with certain statutes or rules and regulations promulgated by the FCC. Tax Sharing and Indemnification Agreement The Company entered into a tax sharing and indemnification agreement with News Corp that governs the Company’s and News Corp’s respective rights, responsibilities and obligations with respect to tax liabilities and benefits, tax attributes, tax contests and other matters regarding income taxes, non-income taxes and related tax returns. Under the tax sharing and indemnification agreement, News Corp will generally indemnify the Company against taxes attributable to News Corp’s assets or operations for all tax periods or portions thereof after the Separation. For taxable periods or portions thereof prior to the Separation, the Company will generally indemnify News Corp against U.S. consolidated and combined taxes attributable to such periods, and News Corp will indemnify the Company against News Corp’s separately filed U.S. state and foreign taxes and foreign consolidated and combined taxes for such periods. A subsidiary of News Corp, prior to the Separation, had filed for tax reimbursement in a foreign jurisdiction. During fiscal 2014, the foreign jurisdiction notified News Corp that it had accepted its claims and would reimburse the taxes plus interest to News Corp. As of June 30, 2014, the net amount that the Company received, pursuant to the tax sharing and indemnification agreement with News Corp, was approximately $720 million, which has been included in (Loss) income from discontinued operations, net of tax, in the Consolidated Statement of Operations for fiscal 2014. Employee Matters Agreement The Company entered into an employee matters agreement that governs the Company’s and News Corp’s obligations with respect to employment, compensation, benefits and other related matters for employees of certain of News Corp’s U.S.-based businesses (the “Employee Matters Agreement”). In general, the Employee Matters Agreement addresses matters relating to employees transferring to News Corp’s U.S. businesses and former News Corp employees of those businesses that participated in the Company’s retirement plans (including postretirement benefits) and welfare programs, which were retained by the Company following the distribution. The Employee Matters Agreement also addresses equity compensation matters relating to employees of both companies. Summarized Financial Information Revenues and (Loss) income from discontinued operations related to News Corp were as follows: For the years ended June 30, 2015 2014 2013 (in millions) Revenues $ - $ - $ 8,891 (Loss) income before income tax (expense) benefit $ (33 ) $ 698 $ 240 Income tax (expense) benefit $ (34 ) $ 31 $ 365 (Loss) income, net of tax $ (67 ) $ 729 (a) $ 277 (a) Cash flows from discontinued operations related to News Corp were as follows: For the years ended June 30, 2015 2014 2013 (in millions) Net cash (used in) provided by operating activities $ (49 ) $ 571 $ 506 Net cash used in investing activities - - (1,674 ) Net cash used in financing activities - - (263 ) Net (decrease) increase in cash and cash equivalents $ (49 ) $ 571 $ (1,431 ) News Corp Transactions Prior to the Separation Prior to the Separation, the Company’s former businesses that are now subsidiaries of News Corp entered into the following transactions: Fiscal 2013 Acquisitions In July 2012, News Corp acquired Thomas Nelson, Inc., one of the leading Christian book publishers in the U.S., for approximately $200 million in cash. In November 2012, News Corp acquired Consolidated Media Holdings Ltd. (“CMH”), a media investment company that operates in Australia, for approximately $2 billion in cash and assumed debt of approximately $235 million. CMH owned a 25% interest in Foxtel through its 50% interest in FOX SPORTS Australia. The acquisition doubled News Corp’s stakes in FOX SPORTS Australia and Foxtel to 100% and 50%, respectively. The carrying amount of the News Corp’s previously held equity interest in FOX SPORTS Australia, through which News Corp held its indirect 25% interest in Foxtel, was revalued to fair value as of the acquisition date, resulting in a non-taxable gain of approximately $1.2 billion which was included in (Loss) income from discontinued operations, net of tax in the Consolidated Statement of Operations for fiscal 2013. The fair value of News Corp’s previously held equity interest of $1.6 billion was determined using an income approach (discounted cash flow analysis) adjusted to remove an assumed control premium. Significant unobservable inputs utilized in the income approach valuation method were discount rates ranging from 9.5% to 10.5%, based on weighted average cost of capital for FOX SPORTS Australia and Foxtel using the capital asset pricing model, and long-term growth rates of approximately 2.5%, reflecting News Corp’s assessment of the long-term inflation rate for Australia. Dispositions In March 2013, News Corp sold its 44% equity interest in SKY Network Television Ltd. for approximately $675 million and recorded a gain of $321 million which was included in (Loss) income from discontinued operations, net of tax in the Consolidated Statement of Operations for fiscal 2013. News Corp Impairments During the fourth quarter of fiscal 2013, as part of News Corp’s long-range planning process in preparation for the distribution, News Corp adjusted its future outlook and related strategy principally with respect to its News and Information Services business in Australia and secondarily with respect to its News and Information Services businesses in the U.S. which resulted in a reduction in expected future cash flows. As a result, News Corp determined that the fair value of these reporting units declined below their respective carrying values and recorded an impairment charge of approximately $1.4 billion ($1.1 billion, net of tax) in fiscal 2013. The charges primarily consisted of a write-down of News Corp’s goodwill of $494 million, a write-down of intangible assets (primarily newspaper mastheads) of $862 million, and a write-down of fixed assets of $46 million. The impairment charges also include $42 million reflecting the potential sale of assets at values below their carrying values.

Restructuring Programs

Restructuring Programs	12 Months Ended
	Jun. 30, 2015
Restructuring And Related Activities [Abstract]
Restructuring Programs	NOTE 5. RESTRUCTURING PROGRAMS Fiscal 2015 In fiscal 2015, the Company recorded restructuring charges from continuing operations of approximately $ 160 Board of Control for Cricket in India (“BCCI”) Champions League Twenty20 (“CLT20”) cricket tournament through 2018. This charge was recorded net of the related contract-related liabilities recognized on the acquisition of Fox Sports Asia (See Note 3 – Acquisitions, Disposals and Other Transactions). The Company paid approximately $420 million to the BCCI in July 2015 for the contract termination, including service taxes. As a result of the contract termination in June 2015, STAR no longer has the rights to broadcast future CLT20 cricket matches and has no additional payment obligations. Also included in the net restructuring charges from continuing operations of $232 million were the charges to implement cost structure efficiency enhancement initiatives at the Cable Network Programming and Television segments. Fiscal 2014 In fiscal 2014, the Company recorded net restructuring charges from continuing operations of $52 million reflecting $81 million in contract termination costs related to cost structure efficiency enhancement initiatives primarily at the DBS segment partially offset by an adjustment to facility termination obligations. Fiscal 2013 In fiscal 2013, the Company recorded restructuring charges from continuing operations of $13 million primarily reflecting a charge for accretion on facility termination obligations. Changes in the program liabilities were as follows: One time termination benefits Facility costs and license fees Total continuing operations Discontinued operations Total (in millions) Balance, June 30, 2012 $ (13 ) $ (177 ) $ (190 ) $ (59 ) $ (249 ) Additions (3 ) (10 ) (13 ) - (13 ) Payments 12 29 41 - 41 Separation of News Corp - - - 59 59 Balance, June 30, 2013 $ (4 ) $ (158 ) $ (162 ) $ - $ (162 ) Additions (3 ) (89 ) (92 ) - (92 ) Payments 5 72 77 - 77 Other (a) - 40 40 - 40 Balance, June 30, 2014 $ (2 ) $ (135 ) $ (137 ) $ - $ (137 ) Additions (48 ) (461 ) (509 ) - (509 ) Payments 36 60 96 - 96 Dispositions and other 1 20 21 - 21 Balance, June 30, 2015 $ (13 ) $ (516 ) $ (529 ) $ - $ (529 ) (a) Restructuring charges are recorded in Other, net in the Consolidated Statements of Operations (See Note 22 – Additional Financial Information). The Company expects to record an additional $16 million of restructuring charges, principally related to accretion on facility termination obligations through fiscal 2021. As of June 30, 2015, restructuring liabilities of approximately $470 million were included in Current liabilities and the balance of the accrual was included in Non-current Other liabilities. Amounts included in Non-current Other liabilities primarily relate to facility termination obligations, which are expected to be paid through fiscal 2021.

Inventories, Net

Inventories, Net	12 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories, Net	NOTE 6. INVENTORIES, NET The Company’s inventories were comprised of the following: As of June 30, 2015 2014 (in millions) Programming rights $ 5,496 $ 5,812 DVDs, Blu-rays and other merchandise 67 81 Filmed entertainment costs: Films: Released 1,094 1,025 Completed, not released 27 317 In production 1,170 819 In development or preproduction 185 151 2,476 2,312 Television productions: Released 868 862 In production 252 463 In development or preproduction 1 4 1,121 1,329 Total filmed entertainment costs, less accumulated amortization (a) 3,597 3,641 Total inventories, net 9,160 9,534 Less: current portion of inventories, net (b) (2,749 ) (3,092 ) Total non-current inventories, net $ 6,411 $ 6,442 (a) (b) As of June 30, 2015, the Company estimated that approximately 64% of unamortized filmed entertainment costs from the completed films are expected to be amortized during fiscal 2016 and approximately 90% of released filmed entertainment costs will be amortized within the next three fiscal years. During fiscal 2016, the Company expects to pay $1,260 million in accrued participation liabilities, which are included in Participations, residuals and royalties payable in the Consolidated Balance Sheets. As of June 30, 2015, acquired film and television libraries had remaining unamortized film costs that were not material. The Company evaluated the recoverability of the unamortized costs associated with the Company’s programming rights, including entertainment programming rights, using total estimated advertising and other revenues attributable to the program material and considering the Company’s expectations of the programming usefulness of the program rights. The evaluation considered, among other factors, the rapid evolution of digital technology used in the entertainment industry, alternative methods for the delivery and storage of digital content, and the resultant changes in consumer behavior and preferences and advertiser priorities and spending patterns. As a result of the evaluation, in June 2015, the Company recognized impairment charges of approximately $270 million for entertainment programming rights principally relating to programming that it will no longer broadcast at the Cable Network Programming and Television segments which was recorded in Other, net in the Consolidated Statement of Operations for fiscal 2015.

Investments

Investments	12 Months Ended
	Jun. 30, 2015
Investments [Abstract]
Investments	NOTE 7. INVESTMENTS The Company’s investments were comprised of the following: Ownership percentage as of June 30, As of June 30, 2015 2015 2014 (in millions) Sky (a)(c) European DBS operator 39% $ 3,382 $ 2,359 Endemol Shine Group (b)(c) 50% 706 - Other investments various 441 500 Total investments $ 4,529 $ 2,859 (a) The Company’s investment in Sky had a market value of $11 billion as of June 30, 2015 and was valued using the quoted market price on the London Stock Exchange (a Level 1 measurement as defined in Note 8 – Fair Value). For fiscal 2015 and 2014, the Company received dividends from Sky of approximately $335 million and $317 million, respectively. (b) See Note 3 – Acquisitions, Disposals and Other Transactions. (c) Equity method investment. Equity Earnings of Affiliates The Company’s share of the earnings of its equity affiliates was as follows: For the years ended June 30, 2015 2014 2013 (in millions) Sky $ 1,139 $ 619 $ 902 Other equity affiliates (235 ) 3 (247 ) Total equity earnings of affiliates $ 904 $ 622 $ 655 The Company’s investment in several of its affiliates exceeded its equity in the underlying net assets by approximately $1.2 billion and $1.3 billion as of June 30, 2015 and 2014, respectively, which represented the excess cost over the Company’s proportionate share of its investments’ underlying net assets. This excess was allocated between finite-lived intangible assets, indefinite-lived intangible assets and goodwill. In fiscal 2015 and 2014, the finite-lived intangible assets primarily represented tradenames and subscriber lists. The weighted average useful lives of these finite-lived intangible assets as of June 30, 2015 and 2014 were 14 and 13 years, respectively. In accordance with ASC 350, the Company amortized $16 million, $46 million and $39 million during fiscal 2015, 2014 and 2013, respectively, related to amounts allocated to finite-lived intangible assets. Such amortization is reflected in Equity earnings of affiliates. Sky In fiscal 2012, Sky’s shareholders and board of directors authorized a share repurchase program that was subsequently suspended in July 2014. The Company entered into an agreement with Sky under which, following any market purchases of shares by Sky, the Company will sell to Sky sufficient shares to maintain its approximate 39% interest subsequent to those market purchases, for a price equal to the price paid by Sky in respect of the relevant market purchases. As a result, the Company received cash considerations of approximately $170 million and $385 million for fiscal 2014 and 2013, respectively. The Company recognized gains of $134 million and $306 million during fiscal 2014 and 2013, respectively, which were included in Equity earnings of affiliates in the Company’s Consolidated Statements of Operations. There were no shares repurchased during fiscal 2015. In fiscal 2015, the Company’s proportionate share of approximately $790 million of gains related to the sale of Sky’s investments in Sky Betting & Gaming, ITV plc and NGC International was included in Equity earnings of affiliates in the Consolidated Statement of Operations. In July 2014, the Company participated in Sky’s equity offering by purchasing approximately $900 million of additional shares in Sky and maintained the Company’s 39% ownership interest (See Note 3 – Acquisitions, Disposals and Other Transactions). NDS Group Limited In July 2012, the Company sold its 49% investment in NDS Group Limited (“NDS”) to Cisco Systems Inc. for approximately $1.9 billion, of which approximately $60 million was set aside in escrow to satisfy any indemnification obligations. The Company recorded a gain of approximately $1.4 billion on this transaction which was included in Other, net in the Consolidated Statement of Operations for fiscal 2013. During fiscal 2014, upon the resolution of the indemnification obligations, the escrow was released. The Company received approximately $30 million of the amount set aside in escrow and has recorded a charge for the remaining amount. The charge was included in Other, net in the Consolidated Statement of Operations for fiscal 2014. Other In July 2015, the Company invested approximately $150 million in cash for a minority equity interest in DraftKings, Inc. (“DraftKings”), a leading operator of online fantasy games and contests. The Company accounts for this investment at cost. Contemporaneous with the Company’s investment, DraftKings, as part of their wider media program, committed to spend a minimum of $250 million for media placements on the Company’s properties through December 2017. In June 2015, the Company entered into an agreement to exit its investment in MundoFox Broadcasting LLC, an equity method investee where the Company held a 50% interest, for a cash payment of $75 million. The exit fees are included in Other, net in the Consolidated Statement of Operations (See Note 22 – Additional Financial Information). In fiscal 2015, the Company sold its interest in Bona Film Group (“Bona”), a film distributer in China, for approximately $70 million in cash. In fiscal 2014, through separate transactions, the Company sold its 47% interest in CMC-News Asia Holdings Limited, its 50% interest in STATS LLC and its 50% interest in STAR CJ Network India Pvt. Ltd., all equity method investees, for a total consideration of approximately $255 million. The Company recorded a gain on these transactions which was included in Other, net in the Consolidated Statement of Operations for fiscal 2014 (See Note 22 – Additional Financial Information). In fiscal 2013, the Company sold a portion of its interest in Phoenix Satellite Television Holdings Ltd. (“Phoenix”), for approximately $90 million in cash, decreasing its ownership interest to 12% from 18% at June 30, 2012. The Company recorded a gain of $81 million on this transaction which was included in Other, net in the Consolidated Statement of Operations for fiscal 2013. In fiscal 2014, the Company sold its remaining 12% interest in Phoenix for approximately $210 million. The Company recorded a gain, net of expenses, of $199 million on this transaction which was included in Other, net in the Consolidated Statement of Operations for fiscal 2014. In fiscal 2013, the Company invested approximately $70 million for a minority equity interest in Vice Holdings Inc., a digital media company, and the Company accounts for this investment at cost. Impairments of Investments The Company regularly reviews investments for impairments based on criteria that include the extent to which the investment’s carrying value exceeds its related market value, the duration of the market decline, the Company’s ability to hold its investment until recovery and the investment’s financial strength and specific prospects. Impairments of investments are reflected in Other, net in the Consolidated Statements of Operations and were recorded as a result of either the deteriorating financial position of the investee or due to a permanent impairment resulting from sustained losses and limited prospects for recovery (See Note 22 – Additional Financial Information). Summarized Financial Information Summarized financial information for a significant equity affiliate, determined in accordance with Regulation S-X of the Securities and Exchange Act of 1934, as amended, accounted for under the equity method was as follows: For the years ended June 30, 2015 2014 2013 (in millions) Revenues $ 15,962 $ 12,402 $ 11,342 Operating income 1,527 1,887 2,024 Income from continuing operations 2,899 1,332 1,535 Net income 2,899 1,332 1,535 As of June 30, 2015 2014 (in millions) Current assets $ 7,160 $ 4,401 Non-current assets 18,337 7,679 Current liabilities 6,922 4,309 Non-current liabilities 12,401 4,889

Fair Value

Fair Value	12 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value	NOTE 8. FAIR VALUE In accordance with ASC 820, “Fair Value Measurement,” fair value measurements are required to be disclosed using a three-tiered fair value hierarchy which distinguishes market participant assumptions into the following categories: (i) inputs that are quoted prices in active markets (“Level 1”); (ii) inputs other than quoted prices included within Level 1 that are observable, including quoted prices for similar assets or liabilities (“Level 2”); and (iii) inputs that require the entity to use its own assumptions about market participant assumptions (“Level 3”). The tables below present information about financial assets and liabilities carried at fair value on a recurring basis: Fair value measurements As of June 30, 2015 Description Total Quoted prices in active markets for identical instruments (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (in millions) Assets Investments (a) $ 18 $ 18 $ - $ - Derivatives (b) 4 - 4 - Liabilities Derivatives (b) (34 ) - (34 ) - Contingent consideration (114 ) - - (114 ) Redeemable noncontrolling interests (621 ) - - (621 ) Total $ (747 ) $ 18 $ (30 ) $ (735 ) As of June 30, 2014 Description Total Quoted prices in active markets for identical instruments (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (in millions) Assets Investments (a) $ 124 $ 124 $ - $ - Liabilities Derivatives (b) (10 ) - (10 ) - Contingent consideration (134 ) - - (134 ) Redeemable noncontrolling interests (541 ) - - (541 ) Total $ (561 ) $ 124 $ (10 ) $ (675 ) (a) Available-for-sale securities. Bona was the significant available-for-sale security as of June 30, 2014 (See Note 7 – Investments). (b) Contingent Consideration The contingent consideration liabilities as of June 30, 2015 and 2014 are related to the acquisitions of EMM and SportsTime Ohio in fiscal 2013 (See Note 3 – Acquisitions, Disposals and Other Transactions). The changes in contingent consideration classified as Level 3 measurements were as follows: For the years ended June 30, 2015 2014 (in millions) Beginning of year $ (134 ) $ (84 ) Payments 39 1 Measurement adjustments and foreign exchange movements (19 ) (51 ) End of year $ (114 ) $ (134 ) Redeemable Noncontrolling Interests The Company accounts for redeemable noncontrolling interests in accordance with ASC 480-10-S99-3A, “Distinguishing Liabilities from Equity” (“ASC 480-10-S99-3A”), because their exercise is outside the control of the Company. The redeemable noncontrolling interests recorded at fair value are put arrangements held by the noncontrolling interests in certain of the Company’s majority-owned sports networks. The Company utilizes the market, income or cost approaches or a combination of these valuation techniques for its Level 3 fair value measures. Inputs to such measures could include observable market data obtained from independent sources such as broker quotes and recent market transactions for similar assets. It is the Company’s policy to maximize the use of observable inputs in the measurement of its Level 3 fair value measurements. To the extent observable inputs are not available, the Company utilizes unobservable inputs based upon the assumptions market participants would use in valuing the asset (liability). Examples of utilized unobservable inputs are future cash flows, long term growth rates and applicable discount rates. The changes in redeemable noncontrolling interests classified as Level 3 measurements were as follows: For the years ended June 30, 2015 2014 2013 (in millions) Beginning of year $ (541 ) $ (519 ) $ (641 ) Net income attributable to redeemable noncontrolling interests (109 ) (95 ) (93 ) Issuance of redeemable noncontrolling interests (75 ) - - Distributions and other (a) 104 73 215 End of year $ (621 ) $ (541 ) $ (519 ) (a) Significant unobservable inputs used in the fair value measurement of the Company’s redeemable noncontrolling interests are operating income before depreciation and amortization (“OIBDA”) growth rates (3%-9% average growth rate range) and discount rates (8%-10% range). Significant increases (decreases) in growth rates and multiples, assuming no change in discount rates, would result in a significantly higher (lower) fair value measurement. Significant increases (decreases) in discount rates, assuming no changes in growth rates and multiples, would result in a significantly (lower) higher fair value measurement. The fair value of the redeemable noncontrolling interests in the sports networks were primarily determined by (i) applying a multiples-based formula that is intended to approximate fair value for two of the sports networks and (ii) using a discounted OIBDA valuation model, assuming 8%-10% discount rates for the other sports networks. As of June 30, 2015, one minority shareholder’s put right is currently exercisable and another minority shareholder’s put right will become exercisable in March 2016. The remaining redeemable noncontrolling interests are currently not exercisable. Financial Instruments The carrying value of the Company’s financial instruments, such as cash and cash equivalents, receivables, payables and cost method investments, approximates fair value. Borrowings As of June 30, 2015 2014 (in millions) Fair value of borrowings $ 21,998 $ 22,692 Carrying value of borrowings $ 19,039 $ 19,058 Fair value is generally determined by reference to market values resulting from trading on a national securities exchange or in an over-the-counter market (a Level 1 measurement). Foreign Currency Forward Contracts The Company uses foreign currency forward contracts primarily to hedge certain exposures to foreign currency exchange rate risks associated with revenues, the cost of producing or acquiring films and television programming as well as its investment in certain foreign operations and equity method investments. The Company’s foreign currency forward contracts, which are primarily denominated in Euros and Pound Sterling, are valued using an income approach. As of June 30, 2015 2014 (in millions) Cash flow hedges Notional amount of foreign currency forward contracts $ 903 $ 393 Fair value of foreign currency forward contracts $ (13 ) $ (3 ) The increase in the balance of foreign currency forward contracts designated as cash flow hedges is due to the increase in hedging activity primarily in response to the appreciation of the U.S. dollar in relation to several foreign currencies. For foreign currency forward contracts designated as cash flow hedges, the Company expects to reclassify the cumulative changes in fair values, included in Accumulated other comprehensive loss, within the next 3 years. As of June 30, 2015 2014 (in millions) Net investment hedges Notional amount of foreign currency forward contracts $ 198 $ - Fair value of foreign currency forward contracts $ (13 ) $ - The increase in the net investment hedges balance as of June 30, 2015 is primarily due to the Company’s use of foreign currency forward contracts to hedge a portion of the carrying value of the Company’s investment in an equity method investee. As of June 30, 2015 2014 (in millions) Economic hedges Notional amount of foreign currency forward contracts $ - $ 305 Fair value of foreign currency forward contracts $ - $ (1 ) The economic hedges entered into by the Company as of June 30, 2014 primarily related to the foreign currency forward contracts of the DBS segment, which was sold in November 2014 (See Note 3 – Acquisitions, Disposals and Other Transactions). Interest Rate Swap Contracts The Company uses financial instruments to hedge certain exposures to interest rate risks associated with certain borrowings. The Company’s interest rate swap contracts are valued using an income approach. As of June 30, 2015 2014 (in millions) Cash flow hedges Notional amount of interest rate swap contracts $ 723 $ 308 Fair value of interest rate swap contracts $ (4 ) $ (6 ) For interest rate swap contracts designated as cash flow hedges, the Company expects to reclassify the cumulative changes in fair values, included in Accumulated other comprehensive loss, within the next 5 years. As of June 30, 2015 2014 (in millions) Economic hedges Notional amount of interest rate swap contracts $ 255 $ 270 Fair value of interest rate swap contracts $ - $ - The following table shows the changes in fair value of the Company’s derivatives: For the years ended June 30, 2015 2014 (in millions) Beginning of year $ (10 ) $ 3 Changes in fair value recorded in accumulated other comprehensive loss, net of settlements (a) 92 (24 ) Reclassified (gains) losses from accumulated other comprehensive loss to net income (a) (112 ) 14 Other - (3 ) End of year $ (30 ) $ (10 ) (a) Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis The Company’s assets measured at fair value on a nonrecurring basis include investments, long-lived assets, indefinite-lived intangible assets and goodwill. The Company reviews the carrying amounts of such assets whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable or at least annually as of June 30 for indefinite-lived intangible assets and goodwill. Any resulting asset impairment would require that the asset be recorded at its fair value. The resulting fair value measurements of the assets are considered to be Level 3 measurements .

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Jun. 30, 2015
Property Plant And Equipment [Abstract]
Property, Plant and Equipment, Net	NOTE 9. PROPERTY, PLANT AND EQUIPMENT, NET As of June 30, Useful lives 2015 2014 (in millions) Land $ 142 $ 142 Buildings and leaseholds 3 to 40 years 1,317 1,373 Machinery and equipment 3 to 15 years 2,620 6,571 4,079 8,086 Less: accumulated depreciation and amortization (2,466 ) (5,300 ) 1,613 2,786 Construction in progress 109 145 Total property, plant and equipment, net $ 1,722 $ 2,931 Depreciation and amortization related to Property, plant and equipment was $433 million, $741 million and $614 million for fiscal 2015, 2014 and 2013, respectively. This includes depreciation of set-top boxes in the DBS segment of $101 million, $308 million and $240 million for fiscal 2015, 2014 and 2013, respectively. Total operating lease expense was approximately $260 million, $365 million and $385 million for fiscal 2015, 2014 and 2013, respectively.

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Net	12 Months Ended
	Jun. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Net	NOTE 10. GOODWILL AND INTANGIBLE ASSETS, NET The changes in the carrying values of the Company’s intangible assets and related accumulated amortization were as follows: Intangible assets not subject to amortization Amortizable intangible assets, net FCC licenses Other Total MVPD affiliate agreements and relationships (a) Other intangible assets, net (b) Total Total intangible assets, net (in millions) Balance, June 30, 2014 $ 2,398 $ 1,463 $ 3,861 $ 2,082 $ 2,129 $ 4,211 $ 8,072 Acquisitions (c) 104 2 106 - 99 99 205 Dispositions (c) (94 ) (224 ) (318 ) - (1,138 ) (1,138 ) (1,456 ) Amortization - - - (134 ) (169 ) (303 ) (303 ) Foreign exchange movements and Other - (28 ) (28 ) - (170 ) (170 ) (198 ) Balance, June 30, 2015 $ 2,408 $ 1,213 $ 3,621 $ 1,948 $ 751 $ 2,699 $ 6,320 (a) (b) (c) See Note 3 – Acquisitions, Disposals and Other Transactions. The decrease in Other intangible assets, net is primarily related to the disposition of Sky Deutschland. Amortization related to finite-lived intangible assets was $303 million, $401 million and $183 million for fiscal 2015, 2014 and 2013, respectively. Based on the current balance of finite-lived intangible assets, the estimated amortization expense for each of the succeeding five fiscal years is as follows: For the years ended June 30, 2016 2017 2018 2019 2020 (in millions) Estimated amortization expense (a) $ 235 $ 228 $ 224 $ 221 $ 213 (a) The changes in the carrying value of goodwill, by segment, are as follows: Cable Network Programming Television Filmed Entertainment Direct Broadcast Satellite Television Other, Corporate and Eliminations Total Goodwill (in millions) Balance, June 30, 2013 $ 7,753 $ 1,882 $ 1,537 $ 6,052 $ 31 $ 17,255 Acquisitions 1,620 - - - - 1,620 Foreign exchange movements 19 - 57 281 - 357 Adjustments 159 - - (1,339 ) - (1,180 ) Balance, June 30, 2014 $ 9,551 $ 1,882 $ 1,594 $ 4,994 $ 31 $ 18,052 Acquisitions 87 5 - - - 92 Dispositions - (55 ) (471 ) (4,548 ) - (5,074 ) Foreign exchange movements and Other (38 ) - (42 ) (446 ) (31 ) (557 ) Balance, June 30, 2015 $ 9,600 $ 1,832 $ 1,081 $ - $ - $ 12,513 The carrying amount of goodwill was net of accumulated impairments of $371 million as of June 30, 2015, 2014 and 2013. The increase in the carrying value of the Cable Network Programming segment goodwill, during fiscal 2014, was attributable to the allocation of the excess purchase price related to the acquisition of the majority interest in the YES Network in February 2014 and the finalization of the allocation of excess purchase price related to Fox Sports Asia. The decrease in the carrying value of Direct Broadcast Satellite Television segment goodwill during fiscal 2014 was primarily due to the finalization of the allocation of excess purchase price, for Sky Deutschland, and the resulting reclassification from goodwill to acquired identifiable intangible assets of approximately $1.7 billion partially offset by deferred tax liabilities of approximately $0.4 billion (See Note 3 – Acquisitions, Disposals and Other Transactions). The increase in the carrying value of the Cable Network Programming segment goodwill, during fiscal 2015, was primarily due to the preliminary allocation of the excess purchase price related to the acquisition of true[X]. The decrease in the carrying value of the Television, Filmed Entertainment and DBS segments goodwill, during fiscal 2015, was primarily due to the dispositions of the FOX affiliated stations, Shine Group and Sky Deutschland, respectively (See Note 3 – Acquisitions, Disposals and Other Transactions). Annual Impairment Review Goodwill The Company’s goodwill impairment reviews are determined using a two-step process. The first step of the process is to compare the fair value of a reporting unit with its carrying amount, including goodwill. In performing the first step, the Company determines the fair value of a reporting unit by primarily using a discounted cash flow analysis and market-based valuation approach methodologies. Determining fair value requires the exercise of significant judgments, including judgments about appropriate discount rates, long-term growth rates, relevant comparable company earnings multiples and the amount and timing of expected future cash flows. The cash flows employed in the analyses are based on the Company’s estimated outlook and various growth rates have been assumed for years beyond the long-term business plan period. Discount rate assumptions are based on an assessment of the risk inherent in the future cash flows of the respective reporting units. In assessing the reasonableness of its determined fair values, the Company evaluates its results against other value indicators, such as comparable public company trading values. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not impaired and the second step of the impairment review is not necessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment review is required to be performed to estimate the implied fair value of the reporting unit’s goodwill. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. That is, the estimated fair value of the reporting unit is allocated to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the estimated fair value of the reporting unit was the purchase price paid. The implied fair value of the reporting unit’s goodwill is compared with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. FCC licenses The Company performs impairment reviews consisting of a comparison of the estimated fair value of the Company’s FCC licenses with their carrying amount on a station-by-station basis using a discounted cash flow valuation method, assuming a hypothetical start-up scenario for a broadcast station in each of the markets the Company operates in. The significant assumptions used are the discount rate and terminal growth rates and operating margins, as well as industry data on future advertising revenues in the markets where the Company owns television stations. These assumptions are based on actual historical performance and estimates of future performance in each market. Fiscal 2015 and 2014 During fiscal 2015 and 2014, the Company determined that the goodwill and indefinite-lived intangible assets included in the Consolidated Balance Sheets as of June 30, 2015 and 2014, respectively, were not impaired. Fiscal 2013 The Company recorded goodwill impairment charges of $35 million in fiscal 2013 related to a business in its Digital Media Group, which was sold in fiscal 2013. Goodwill impairment charges are recorded in Other, net in the Consolidated Statements of Operations (See Note 22 – Additional Financial Information).

Borrowings

Borrowings	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Borrowings	NOTE 11. BORROWINGS Weighted average interest rate Outstanding as of June 30, Description as of June 30, 2015 Due date 2015 2014 (in millions) Bank loans $ 1,560 $ 1,434 Public debt - Predecessor indentures 7.14% 2015 - 2096 10,779 11,529 - Senior notes issued under August 2009 indenture 4.95% 2020 - 2044 6,700 5,500 Total public debt 17,479 17,029 Other borrowings - 595 Total borrowings (a) 19,039 19,058 Less: current portion (244 ) (799 ) Long-term borrowings $ 18,795 $ 18,259 (a) Bank loans In January 2013, Sky Deutschland, a majority owned subsidiary of the Company, entered into a credit agreement, with major financial institutions, that 21st Century Fox America, Inc. (“21CFA”), a wholly-owned subsidiary, and the Company had both guaranteed. The credit agreement provided a €300 million unsecured credit facility with a sub-limit of €75 million revolving credit facility available for cash drawdowns or the issuance of letters of credit and a maturity date of February 2018. The proceeds were used to repay existing Sky Deutschland debt. Included in Borrowings within Non-current liabilities as of June 30, 2014 was €225 million ($308 million) outstanding under the Sky Deutschland credit agreement. In November 2014, Sky Deutschland ceased to be a consolidated subsidiary of the Company, and as a result, this credit agreement is no longer an obligation of the Company (See Note 3 – Acquisitions, Disposals and Other Transactions). In connection with the acquisition of the majority interest in the YES Network in February 2014, the Company consolidated $1.1 billion, the aggregate outstanding under a term loan facility and a secured revolving credit facility, collectively (the “YES Credit Agreement”), with a sub-limit available for the issuance of letters of credit. Public debt - Predecessor indentures These notes are issued under previous indentures, as supplemented, by and among 21CFA, the Company as Parent Guarantor and the trustees. These notes are direct unsecured obligations of 21CFA and rank pari passu with all other unsecured indebtedness of 21CFA. Redemption may occur, at the option of the holders, at 101% of the principal plus an accrued interest amount in certain circumstances where a change of control is deemed to have occurred. These notes are subject to certain covenants, which, among other things, restrict secured indebtedness to 10% of tangible assets and in certain circumstances limit new senior indebtedness. Included in the predecessor indentures as of June 30, 2014 was $750 million of 5.30% Senior Notes which were retired in December 2014. The Company will not issue any new debt under the predecessor indentures. Public debt - Senior notes issued under August 2009 indenture These notes are issued under the Amended and Restated Indenture dated August 25, 2009, as supplemented, by and among 21CFA, the Company, as Parent Guarantor, and The Bank of New York Mellon, as Trustee (the “2009 Indenture”). These notes are direct unsecured obligations of 21CFA and rank pari passu with all other unsecured indebtedness of 21CFA. Redemption may occur, at the option of the holders, at 101% of the principal plus an accrued interest amount in certain circumstances where a change of control is deemed to have occurred. These notes are subject to certain covenants, which, among other things, limit the Company’s ability and the ability of the Company’s subsidiaries, to create liens and engage in a merger, sale or consolidation transaction. The 2009 Indenture does not contain any financial maintenance covenants. Under the August 2009 indenture, the Company recently had the following issuances: In September 2014, 21CFA issued $600 million of 3.70% Senior Notes due 2024 and $600 million of 4.75% Senior Notes due 2044. The net proceeds of $1.19 billion were used for general corporate purposes. In September 2013, 21CFA issued $300 million of 4.00% Senior Notes due 2023 and $700 million of 5.40% Senior Notes due 2043. The net proceeds of $987 million were used for general corporate purposes. Other borrowings Other borrowings included the Senior Subordinated Notes, consolidated in connection with the acquisition of the majority interest of the YES Network, issued in June 2008 with a principal amount of $525 million pursuant to an indenture agreement and note purchase agreement. On acquisition of the majority interest in the YES Network, the Company recorded a fair value adjustment to increase the carrying value of the Senior Subordinated Notes to the acquisition date fair value of approximately $605 million yielding an effective interest rate of 5.75%. The adjustment was amortized as a reduction of interest expense over the remaining term of the obligation. In June 2015, the YES Network retired the Senior Subordinated Notes for $559 million with funds from the delayed draw term loan under the YES Credit Agreement. Current borrowings Included in Borrowings within Current liabilities as of June 30, 2015 was 7.60% Senior Notes of $200 million that are due in October 2015 and principal payments on the YES Network term loan facilities of $44 million that are due in the next 12 months. Revolving Credit Agreement In May 2015, the Company refinanced the $2.0 billion revolving credit agreement (the “Prior Credit Agreement”) with a new $1.4 billion unsecured revolving credit facility (the “New Credit Agreement”), among 21CFA as Borrower, the Company as Parent Guarantor, the initial lenders named therein (the “Lenders”), the initial issuing banks named therein, JPMorgan Chase Bank, N.A. (“JPMorgan Chase”) and Citibank, N.A. (“Citibank”) as Co-Administrative Agents, JPMorgan Chase as Designated Agent and Bank of America, N.A. (“Bank of America”) as Syndication Agent. The New Credit Agreement has a sub-limit of $250 million (or its equivalent in Euros) available for the issuance of letters of credit and a maturity date of May 2020. Under the New Credit Agreement, the Company may request an increase in the amount of the credit facility up to a maximum amount of $2.0 billion and the Company may request that the maturity date be extended for up to two additional one-year periods. Borrowings are issuable in U.S. dollars only, while letters of credit are issuable in U.S. dollars or Euros. The material terms of the agreement include the requirement that the Company maintain specific leverage ratios and limitations on secured indebtedness. Fees under the New Credit Agreement will be based on the Company’s long-term senior unsecured non-credit enhanced debt ratings. Given the current debt ratings, 21CFA pays a facility fee of 0.125% and an initial drawn cost of LIBOR plus 1.125%.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Jun. 30, 2015
Stockholders Equity Note [Abstract]
Stockholders' Equity	Note 12. STOCKHOLDERS’ Common Stock and Preferred Stock The Company has two classes of common stock that are authorized and outstanding, non-voting Class A Common Stock and voting Class B Common Stock. As of June 30, 2015, there were approximately 36,000 holders of record of shares of Class A Common Stock and 11,300 holders of record of shares of Class B Common Stock. In the event of a liquidation or dissolution of the Company, holders of Class A Common Stock and Class B Common Stock shall be entitled to receive all of the remaining assets of the Company available for distribution to its stockholders, ratably in proportion to the number of shares held by Class A Common Stock holders and Class B Common Stock holders, respectively. In the event of any merger or consolidation with or into another entity, the holders of Class A Common Stock and the holders of Class B Common Stock shall be entitled to receive substantially identical per share consideration. Under the Twenty-First Century Fox Restated Certificate of Incorporation, the Board of Directors (the “Board”) is authorized to issue shares of preferred stock or common stock at any time, without stockholder approval, and to determine all the terms of those shares, including the following: (i) the voting rights, if any, except that the issuance of preferred stock or series common stock which entitles holders thereof to more than one vote per share requires the affirmative vote of the holders of a majority of the combined voting power of the then outstanding shares of the Company’s capital stock entitled to vote generally in the election of directors; (ii) the dividend rate and preferences, if any, which that preferred stock or common stock will have compared to any other class; and (iii) the redemption and liquidation rights and preferences, if any, which that preferred stock or common stock will have compared to any other class. Any decision by the Board to issue preferred stock or common stock must, however, be taken in accordance with the Board’s fiduciary duty to act in the best interests of the Company’s stockholders. The Company is authorized to issue 100,000,000 shares of preferred stock, par value $0.01 per share. The Board has the authority, without any further vote or action by the stockholders, to issue preferred stock in one or more series and to fix the number of shares, designations, relative rights (including voting rights), preferences, qualifications and limitations of such series to the full extent permitted by Delaware law. Stock Repurchase Program The Board has authorized a stock repurchase program, under which the Company is currently authorized to acquire Class A Common Stock. The remaining amount as of June 30, 2015 under the Company’s $6 billion authorization approved by the Board in August 2014, excluding commissions, was approximately $0.6 billion which was utilized in full subsequent to June 30, 2015. In August 2015, the Company announced that the Board approved an additional $5 billion authorization, excluding commissions, to the Company’s stock repurchase program for the repurchase of Class A Common Stock. The Company intends to complete this stock repurchase program by August 2016. The program may be modified, extended, suspended or discontinued at any time. The following table summarizes the Company’s repurchases of its Class A Common Stock: For the years ended June 30, 2015 2014 2013 (in millions) Total cost of repurchases $ 5,939 $ 3,772 $ 2,026 Total number of shares repurchased 172 115 81 During fiscal 2013, the shares repurchased were Class A Common Stock of the Company then known as News Corporation. The Company did not repurchase any of its Class B Common Stock during the three year period ended June 30, 2015. Dividends The following table summarizes the dividends declared and paid per share on both the Company’s Class A Common Stock and the Class B Common Stock: For the years ended June 30, 2015 2014 2013 Cash dividend paid per share $ 0.275 $ 0.250 $ 0.170 Subsequent to June 30, 2015, the Company declared a dividend of $0.150 per share on both the Class A Common Stock and the Class B Common Stock, which is payable on October 14, 2015. The record date for determining dividend entitlements is September 9, 2015. Temporary Suspension of Voting Rights Affecting Non-U.S. Stockholders The Company owns broadcast station licensees in connection with its ownership and operation of U.S. television stations. Under U.S. law, no broadcast station licensee may be owned by a corporation if more than 25% of its stock is owned or voted by non-U.S. persons, their representatives, or by any other corporation organized under the laws of a foreign country. In order to maintain compliance with U.S. law, the suspension of voting rights of the Class B Common Stock held by non-U.S. stockholders is currently at 10%. This suspension will remain in place for as long as the Company deems it necessary to maintain compliance with applicable U.S. law, and may be adjusted by the Audit Committee as it deems appropriate. Voting Agreement with the Murdoch Family Interests On April 18, 2012, the Murdoch Family Trust and K. Rupert Murdoch (together the “Murdoch Family Interests”) entered into an agreement with the Company, whereby the Murdoch Family Interests agreed to limit their voting rights during the voting rights suspension period. Under this agreement, the Murdoch Family Interests will not vote or provide voting instructions with respect to a portion of their shares of Class B Common Stock to the extent that doing so would increase their percentage of voting power from what it was prior to the suspension of voting rights. Currently, as a result of the suspension of voting rights, the aggregate percentage vote of the Murdoch Family Interests is at 39.1% of the outstanding shares of Class B Common Stock not subject to the suspension of voting rights, and the percentage vote may be adjusted as provided in the agreement with the Company. Delisting from the Australian Securities Exchange In March 2014, the Company received approval from its stockholders and subsequently the Australian Securities Exchange (the “ASX”) for removal of its full foreign listing from the ASX. Delisting from the ASX occurred on May 8, 2014 and, effective as of that date, all of Twenty-First Century Fox’s Class A Common Stock and Class B Common Stock is listed solely on the NASDAQ Global Select Market (“NASDAQ”). Other Comprehensive (Loss) Income Comprehensive income is reported in the Consolidated Statements of Comprehensive Income and consists of Net income and Other comprehensive (loss) income, including foreign currency translation adjustments, unrealized holding gains and losses on securities, and benefit plan adjustments, which affect stockholders’ equity, and under GAAP, are excluded from Net income. The following tables summarize the activity within Other comprehensive (loss) income: For the year ended June 30, 2015 Before tax Tax (provision) benefit Net of tax (in millions) Foreign currency translation adjustments Unrealized losses $ (1,740 ) $ 289 $ (1,451 ) Amount reclassified on hedging activity (a) (112 ) 4 (108 ) Amount reclassified on dispositions (b) (253 ) - (253 ) Other comprehensive loss (c) $ (2,105 ) $ 293 $ (1,812 ) Gains and losses on securities Unrealized gains $ 235 $ (82 ) $ 153 Amount reclassified on sale of securities (b) (325 ) 114 (211 ) Other comprehensive loss $ (90 ) $ 32 $ (58 ) Benefit plan adjustments Unrealized losses $ (102 ) $ 38 $ (64 ) Reclassification adjustments realized in net income (d) 285 (101 ) 184 Other comprehensive income $ 183 $ (63 ) $ 120 For the year ended June 30, 2014 Before tax Tax (provision) benefit Net of tax (in millions) Foreign currency translation adjustments Unrealized gains $ 664 $ (74 ) $ 590 Amount reclassified on hedging activity (a) 14 (6 ) 8 Other comprehensive income (c) $ 678 $ (80 ) $ 598 Gains and losses on securities Unrealized gains $ 71 $ (25 ) $ 46 Amount reclassified on sale of Phoenix (b) (200 ) 70 (130 ) Other comprehensive loss $ (129 ) $ 45 $ (84 ) Benefit plan adjustments Unrealized losses $ (210 ) $ 75 $ (135 ) Reclassification adjustments realized in net income (d) 45 (17 ) 28 Other comprehensive loss $ (165 ) $ 58 $ (107 ) For the year ended June 30, 2013 Before tax Tax (provision) benefit Net of tax (in millions) Foreign currency translation adjustments Unrealized losses $ (877 ) $ 2 $ (875 ) Amount reclassified on hedging activity (a) (13 ) 4 (9 ) Amount reclassified on the sale of NDS (b) 10 - 10 Other comprehensive loss (c) $ (880 ) $ 6 $ (874 ) Losses on securities Unrealized losses $ (71 ) $ 26 $ (45 ) Other comprehensive loss $ (71 ) $ 26 $ (45 ) Benefit plan adjustments Unrealized gains $ 374 $ (138 ) $ 236 Reclassification adjustments realized in net income (d) 103 (36 ) 67 Other comprehensive income $ 477 $ (174 ) $ 303 (a) (b) (c) (d) Accumulated Other Comprehensive Loss The following table summarizes the components of Accumulated other comprehensive loss, net of tax: For the years ended June 30, 2015 2014 2013 (in millions) Foreign currency translation adjustments $ (1,168 ) $ 430 $ (46 ) Unrealized holding gains on securities 9 67 151 Benefit plan adjustments (411 ) (531 ) (424 ) Accumulated other comprehensive loss, net of tax $ (1,570 ) $ (34 ) $ (319 )

Equity-Based Compensation

Equity-Based Compensation	12 Months Ended
	Jun. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity-Based Compensation	NOTE 13. EQUITY-BASED COMPENSATION 2013 Long-Term Incentive Plan In October 2013, the Company adopted the 2013 Long-Term Incentive Plan (the “2013 Plan”), under which equity-based compensation, including stock options, performance stock units (“PSUs”), restricted stock, restricted stock units (“RSUs”) and other types of awards, may be granted. The Company’s employees and directors are eligible to participate in the 2013 Plan. The Compensation Committee of the Board (the “Compensation Committee”) determines the recipients, type of award to be granted and amounts of awards to be granted under the 2013 Plan. Stock options awarded under the 2013 Plan will be granted at exercise prices which are equal to or exceed the market price at the date of grant. The 2013 Plan replaced the 2005 Long-Term Incentive Plan (the “2005 Plan” and together with the 2013 Plan, the “Plans”) under which no additional stock options, PSUs, restricted stock or RSUs will be granted. The maximum number of shares of Class A Common Stock that may be issued under the 2013 Plan is 87.5 million shares plus any residual shares remaining under the 2005 Plan. At June 30, 2015, the remaining number of shares available for issuance under the 2013 Plan was approximately 85.2 million. The Company will issue new shares of Class A Common Stock upon vesting of stock-settled PSUs and RSUs. The Company currently has no stock options outstanding and the outstanding RSUs are immaterial. In August 2014, the Compensation Committee approved the conversion of outstanding cash-settled equity awards granted primarily to certain named executive officers for the fiscal 2013-2015 and fiscal 2014-2016 performance periods from cash-settled to stock-settled awards. As a result, all currently outstanding equity awards granted to the Company’s named executive officers are stock-settled. PSUs granted to certain named executive officers that vested in fiscal 2015 and 2014 were settled in cash. The fair value of equity-based compensation under the Plans is calculated according to the type of award issued. Cash-settled awards are marked-to-market at each reporting period. Performance Stock Units PSUs are fair valued on the date of grant and expensed using a straight-line method as the awards cliff vest at the end of the three-year performance period. The Company also estimates the number of shares expected to vest which is based on management’s determination of the probable outcome of the performance condition, which requires considerable judgment. The Company records a cumulative adjustment in periods that the Company’s estimate of the number of shares expected to vest changes. Additionally, the Company ultimately adjusts the expense recognized to reflect the actual vested shares following the resolution of the performance conditions. The number of shares that will be issued upon vesting of PSUs can range from 0% to 200% (limited to 150% for certain executives) of the target award, based on the Company’s three-year total shareholder return (“TSR”) as measured against the three-year TSR of the companies that comprise the Standard and Poor’s 500 Index (excluding financial and energy sector companies) and other performance measures. The fair value of the TSR condition is determined using a Monte Carlo simulation model. In fiscal 2015, 2014 and 2013, participants in the plan received a grant of PSUs that has a three-year performance measurement period beginning in July 2014, 2013 and 2012, respectively. The awards are subject to the achievement of one or more pre-established objective performance measures determined by the Compensation Committee. The majority of the awards issued will be settled in shares of Class A Common Stock upon vesting and are subject to the participants’ continued employment with the Company. Any person who holds PSUs shall have no ownership interest in the shares of Class A Common Stock to which such PSUs relate until and unless shares of Class A Common Stock are delivered to the holder. All shares of Class A Common Stock awards that are cancelled or forfeited become available for future grants. Certain of these awards have a graded vesting provision and the expense recognition is accelerated. In fiscal 2015, 2014 and 2013, a total of approximately 4.1 million, 4.9 million and 8.2 million PSUs were granted, respectively, and will primarily be settled in shares of Class A Common Stock. PSUs granted to employees in certain foreign locations are settled in cash. During fiscal 2015 and 2014, approximately 1.7 million and 2.1 million cash-settled PSUs vested, respectively. Cash paid for vested cash-settled PSUs were $59 million and $67 million in fiscal 2015 and 2014, respectively, before statutory tax withholdings. No PSUs vested during fiscal 2013. Separation-Related Adjustments In connection with the Separation, the Company entered into an Employee Matters Agreement with News Corp, which generally provides that employees of News Corp no longer participate in benefit plans sponsored or maintained by the Company. Pursuant to the Employee Matters Agreement, the Company made certain adjustments to the exercise price and number of the Company’s share-based compensation awards, using the closing price of the Company’s Class A Common Stock on the final day of trading prior to the effective date of the Separation and the volumetric weighted-average prices for the first day of trading for the Company immediately following the Separation, with the intention of preserving the intrinsic value of the awards immediately prior to the Separation. These adjustments are summarized as follows and are reflected in the activity of the table below: — All equity-based awards that had a vesting, payment or expiration date, as applicable, on or prior to December 31, 2013 continued under the Company’s 2005 Plan and have been settled in, or by reference to, the Company’s Class A Common Stock, as adjusted to reflect the Separation. — All other equity-based awards that have a vesting, payment or expiration date, as applicable, after December 31, 2013 were converted to awards over equity of the post-Separation employer, as adjusted to reflect the Separation. — All equity-based awards were adjusted in terms of exercise price and number of shares to preserve the intrinsic value of the awards immediately prior to the Separation. The Separation-related adjustments did not have a material impact on either compensation expense or the potentially dilutive securities to be considered in the calculation of diluted earnings per share of common stock. The following table summarizes the activity related to the Company’s target PSUs and RSUs to be settled in stock (PSUs and RSUs in thousands): Fiscal 2015 Fiscal 2014 Fiscal 2013 Number of shares Weighted average grant- date fair value Number of shares Weighted average grant- date fair value Number of shares Weighted average grant- date fair value PSUs and RSUs Unvested units at beginning of the year 16,182 $ 22.22 17,794 $ 16.19 18,197 $ 14.51 Granted 4,061 34.45 4,677 35.33 7,680 24.21 Vested (a) (6,812 ) 14.62 (5,680 ) 15.57 (6,208 ) 14.90 Cancelled (1,514 ) 24.44 (609 ) 18.89 (1,071 ) 15.59 Shares converted from cash-settled to stock-settled 2,107 31.52 - - - - Separation of News Corp - - - - (2,586 ) 20.34 Shares granted in conversion, as a result of the Separation - - - - 1,782 16.19 Unvested units at the end of the year (b) 14,024 $ 30.61 16,182 $ 22.22 17,794 $ 16.19 (a) (b) 2004 Stock Option Plan and 2004 Replacement Stock Option Plan As a result of the Company’s reorganization in November 2004, all the underlying preferred limited voting ordinary shares for the Company’s issued stock options were cancelled and, in exchange, the option holders received stock options for shares of Class A Common Stock on a one-for-two basis with no change in the original terms under the 2004 Stock Option Plan and 2004 Replacement Stock Option Plan (collectively, the “2004 Plan”). The 2004 Plan automatically terminated in fiscal 2014. The Company had no stock options outstanding as of June 30, 2015 and 2014. The intrinsic value of options outstanding as of June 30, 2013 was $29 million. The following table summarizes the Company’s equity-based compensation: For the years ended June 30, 2015 2014 2013 (in millions) Equity-based compensation from continuing operations $ 93 $ 205 $ 241 Cash received from exercise of equity-based compensation $ - $ 35 $ 181 Total intrinsic value of stock options exercised (a) $ - $ 32 $ 73 (a) As of June 30, 2015, the Company’s total estimated compensation cost, not yet recognized, related to non-vested PSUs and RSUs for all plans presented was approximately $75 million and is expected to be recognized over a weighted average period between one and two years. The Company recognized a tax benefit of $110 million, $89 million and $66 million for fiscal 2015, 2014 and 2013, respectively, on vested PSUs and RSUs and on the exercise of stock options. As of June 30, 2015 and 2014, the liability for cash-settled awards was approximately $10 million and $165 million, respectively.

Related Parties

Related Parties	12 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Parties	NOTE 14. RELATED PARTIES Director Transactions In connection with the Separation in fiscal 2013, the Company undertook a series of internal reorganization transactions to facilitate the transfers of entities and the related assets and liabilities. As part of those transactions, the Company redeemed 7,600 shares of preferred stock of Fox Television Holdings, Inc. (the “Preferred Stock”), an indirect wholly-owned subsidiary, from Mr. K.R. Murdoch, the Company’s Chairman. Mr. K.R. Murdoch initially was issued the Preferred Stock in connection with the Company’s first acquisition of broadcast television stations in the U.S., at a time when the Company was domiciled in Australia. The Preferred Stock was issued to Mr. K.R. Murdoch, a U.S. citizen, to enable compliance with the then prevailing federal law and FCC rules regulating foreign ownership of broadcast licensees. As of fiscal 2013, the structure was no longer necessary under federal law or FCC rules. The total redemption of approximately $875,000 consisted of a $760,000 repurchase at par value, plus accrued and unpaid dividends of approximately $115,000 (based on a $12 per share annual dividend). The amount paid was pursuant to the terms of the Preferred Stock and no premium was paid on the shares. Other Related Entities In the ordinary course of business, the Company enters into transactions with related parties, such as equity affiliates, to purchase and/or sell advertising, the sale of programming, administrative services and supplying digital technology and services for digital pay television platforms. The following table sets forth the net revenue from related parties included in the Consolidated Statements of Operations: For the years ended June 30, 2015 2014 2013 (in millions) Related party revenue, net of expense $ 766 $ 546 $ 398 The following table sets forth the amount of accounts receivable due from and payable to related parties outstanding on the Consolidated Balance Sheets: As of June 30, 2015 2014 (in millions) Accounts receivable from related parties $ 417 $ 223 Accounts payable to related parties (a) 185 165 (a) Rotana The Company has an approximate 19% interest in Rotana Holding FZ-LLC (“Rotana”), a diversified media company in the Middle East and North Africa. A significant stockholder of the Company, who owns more than 5% of the Company’s Class B Common Stock, owns a controlling interest in Rotana. In addition, the Company has provided shareholder loans to the Rotana venture. In accordance with the current terms of the option agreement, as amended in August 2015, the Company has an option to sell its interest in Rotana, any time between March 1, 2020 and August 31, 2020, at the higher of the price per share based on a bona-fide sale offer or the original subscription price plus interest and amounts outstanding under shareholder loans advanced by the Company prior to June 2015. In January 2014, the Company terminated its licensing arrangement with Rotana Media Services (“RMS”), a subsidiary of Rotana, whereby RMS had licensed two English-language, free-to-air general entertainment channels from the Company for distribution in the Middle East. In connection with the termination, the Company agreed to settle all outstanding receivables at a discount and RMS agreed to provide the Company with continued satellite transponder capacity services for two years. None of the amounts between the Company and RMS in connection with the termination of the licensing agreement is material to the Company either individually or in the aggregate.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 30, 2015
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 15. COMMITMENTS AND CONTINGENCIES The Company has commitments under certain firm contractual arrangements (“firm commitments”) to make future payments. These firm commitments secure the future rights to various assets and services to be used in the normal course of operations. The following table summarizes the Company’s material firm commitments as of June 30, 2015: As of June 30, 2015 Payments due by period Total 1 year 2 - 3 years 4 - 5 years After 5 years (in millions) Contracts for capital expenditure $ 12 $ 12 $ - $ - $ - Operating leases and service agreements Land and buildings 1,492 241 440 384 427 Other 484 98 159 101 126 Other commitments Borrowings 19,039 244 936 2,281 15,578 Sports programming rights 48,598 4,955 9,459 8,508 25,676 Entertainment programming rights 2,664 1,102 967 458 137 Other commitments and contractual obligations 3,152 669 1,395 354 734 Total commitments, borrowings and contractual obligations $ 75,441 $ 7,321 $ 13,356 $ 12,086 $ 42,678 The Company also has certain contractual arrangements in relation to certain subsidiaries and investees that would require the Company to make payments or provide funding if certain circumstances occur (“contingent guarantees”). The Company does not expect that these contingent guarantees will result in any material amounts being paid by the Company in the foreseeable future. The timing of the amounts presented in the table below reflect when the maximum contingent guarantees will expire and does not indicate that the Company expects to incur an obligation to make payments during that time frame. Amount of guarantees expiration per period Contingent guarantees: Total 1 year 2 - 3 years 4 - 5 years After 5 years (in millions) Sports programming rights $ 1,095 $ 924 $ 163 $ - $ 8 Hulu indemnity 115 - 115 - - Letters of credit and other 53 50 - 2 1 Total contingent guarantees $ 1,263 $ 974 $ 278 $ 2 $ 9 Operating leases and service agreements Operating leases and service agreements primarily include agreements for office facilities, equipment, transponder service agreements and microwave transmitters used to carry broadcast signals. The leases, which are classified as operating leases, expire at certain dates through fiscal 2050. Included in the total amounts committed of $1.5 billion, are approximately $280 million for office facilities that have been sub-leased to News Corp. Sports programming rights Under the Company’s contract with the National Football League, remaining future minimum payments for program rights to broadcast certain football games are payable over the remaining term of the contract through 2022. The Company’s contract with the Major League Baseball (“MLB”) gives the Company rights to broadcast certain regular season and post-season games, as well as exclusive rights to broadcast MLB’s World Series and All-Star Game through the 2021 MLB season. The Company’s contracts with the National Association of Stock Car Auto Racing give the Company rights to broadcast certain races and ancillary content through calendar year 2024. Under the Company’s contracts with certain collegiate conferences, remaining future minimum payments for program rights to broadcast certain sporting events are payable over the remaining terms of the contracts. Under the Company’s contract with the International Cricket Council (“ICC”), remaining future minimum payments for programming rights to broadcast international cricket matches and series are payable over the remaining term of the contract through 2023. In connection with the agreement with the ICC, the Company was required to obtain a bank guarantee covering its programming rights obligations. Under the Company’s contract with the BCCI, remaining future minimum payments for program rights to broadcast international and domestic cricket matches and series are payable over the remaining term of the contract through 2018. In connection with the agreement with the BCCI, the Company was required to obtain a bank guarantee covering its programming rights obligations. In fiscal 2015, the Company and the BCCI, agreed to terminate the program rights related to CLT20 for approximately $420 million in cash, including service taxes. In connection with the termination agreement, the Company was required to obtain a bank guarantee covering its obligations. The Company was relieved of its obligations under the bank guarantee when the Company made the cash payment to the BCCI in July 2015 (See Note 5 – Restructuring Programs). In addition, the Company has certain other local sports broadcasting rights including the right to broadcast the New York Yankees pre-season and regular season games through the 2042 MLB season. In July 2015, the Company expanded its arrangement with one of the collegiate conferences for broadcast rights through 2032 and one of the Company’s RSNs agreed to a new rights agreement with a MLB team for broadcast rights through 2032. As part of this new RSN agreement, the Company has agreed to provide the MLB team with an ownership interest in the RSN. Other commitments and contractual obligations Primarily includes obligations relating to distribution agreements, deferred and contingent consideration related to business combinations, marketing agreements and television rating services. Hulu indemnity The Company owns an equity interest in Hulu LLC (“Hulu”), which is considered a variable interest entity under ASC 810-10. However, the Company is not the primary beneficiary and hence accounts for its investment under the equity method. In October 2012, Hulu redeemed Providence Equity Partners’ equity interest for $200 million. In connection with the transaction, Hulu incurred a charge primarily related to employee equity-based compensation. Accordingly, the Company recorded approximately $60 million to reflect its share of the charge in fiscal 2013. The Company has guaranteed $115 million of Hulu’s $338 million five-year term loan which was used by Hulu, in part, to finance the transaction. The fair value of this guarantee was calculated using Level 3 inputs and was included in the Consolidated Balance Sheet in Other liabilities. In July 2013 and in May 2015, the Company invested $125 million in Hulu to maintain its ownership percentage of approximately 33%. The Company will continue to account for its interest in Hulu as an equity method investment. Pension and other postretirement benefits In accordance with ASC 715, “Compensation—Retirement Benefits” (“ASC 715”), the total accrued net benefit liability for pension and other postretirement benefit plans recognized as of June 30, 2015 was $707 million (See Note 16 – Pension and Other Postretirement Benefits). This amount is affected by, among other items, statutory funding levels, changes in plan demographics and assumptions and investment returns on plan assets. Because of the current overall funded status of the Company’s material plans, the accrued liability does not represent expected near-term liquidity needs and, accordingly, this amount is not included in the contractual obligations table. Contingencies Shareholder Litigation Delaware Reference is made to the Amalgamated Bank Litigation, the New Orleans Employees’ Retirement Litigation, the Mass. Laborers Litigation and the Cohen Litigation which were purported stockholder derivative actions consolidated in the Delaware Court of Chancery (the “Consolidated Action”) and previously described by the Company in the 2013 Form 10-K. The plaintiffs’ Third Amended Complaint in the Consolidated Action alleged claims against director defendants for breach of fiduciary duty arising from the Company’s purchase of Shine and from their purported failure to investigate alleged acts of voicemail interception at The News of the World On June 26, 2013, the Court approved the settlement in principle that the parties reached on April 17, 2013, and entered a final judgment dismissing the Consolidated Action. Pursuant to the terms of that settlement, the parties agreed that the director defendants in the Consolidated Action would cause to be paid on their behalf the amount of $139 million to the Company, minus $28 million in attorneys’ fees and expenses awarded by the Court to the plaintiffs’ counsel. No stockholder objected to either the settlement or the proposed fee award. The settlement became effective on August 16, 2013, because as of that date, the dismissal of the Consolidated Action as well as the dismissals of each of the Shields Litigation, the Iron Workers Litigation and the Stricklin Litigation (each as described in the 2013 Form 10-K under the heading “Shareholder Litigation—Southern District of New York”) were no longer subject to appeal. The above amount was paid from an escrow account created for the benefit of the director defendants pursuant to an agreement reached between the defendants and their directors’ and officers’ liability insurers for the payment of insurance proceeds, subject to a claims release, and accordingly the Company recorded the net settlement of $111 million in Other, net in the Consolidated Statement of Operations for fiscal 2014. In addition to the payment to the Company, the settlement contemplates that the Company will build on corporate governance and compliance enhancements which the Company has implemented. These shall remain in effect at least through December 31, 2016, and will be applicable to both the Company and News Corp. Southern District of New York On July 19, 2011, a purported class action lawsuit captioned Wilder v. News Corp., et al. (“Wilder Litigation”), was filed on behalf of all purchasers of the Company’s common stock between March 3, 2011 and July 11, 2011, in the United States District Court for the Southern District of New York. The plaintiff brought claims under Section 10(b) and Section 20(a) of the Securities Exchange Act, alleging that false and misleading statements were issued regarding the alleged acts of voicemail interception at The News of the World U.K. Newspaper Matters and Related Investigations and Litigation In 2011, U.S. regulators and governmental authorities initiated investigations with respect to phone hacking, illegal data access and inappropriate payments to public officials that occurred at subsidiaries of News Corp (the “U.K. Newspaper Matters”). On January 28, 2015, the Company was notified by the United States Department of Justice that it has completed its investigation relating to the U.K. Newspaper Matters, and is declining to prosecute the Company. In connection with the Separation, the Company and News Corp agreed in the Separation and Distribution Agreement that the Company will indemnify News Corp, on an after-tax basis, for payments made after the Separation arising out of civil claims and investigations relating to the U.K. Newspaper Matters, as well as legal and professional fees and expenses paid in connection with the related criminal matters, other than fees, expenses and costs relating to employees who are not (i) directors, officers or certain designated employees or (ii) with respect to civil matters, co-defendants with News Corp (the “Indemnity”). As of June 30, 2013, the Company recognized approximately $150 million as its obligation under the Indemnity, of which approximately $40 million related to the amounts payable to News Corp and approximately $110 million for the unamortized fair value of expected future payments to be made under the Indemnity. The fair value of the Indemnity was estimated by probability weighting expected payments to be made to News Corp under such Agreement and discounting probability-weighted expected payments to the valuation date, using a discount rate based on the Company’s cost of debt. Pursuant to ASC 460, the amount provided for future payments is being amortized in a systematic pattern that reflects the release from the underlying risks and is included in (Loss) income from discontinued operations, net of tax, in the Consolidated Statements of Operations. As of June 30, 2014, the Company recognized approximately $80 million as its obligation under the Indemnity, of which approximately $65 million related to the amounts payable to News Corp and approximately $15 million for the remaining unamortized fair value of expected future payments to be made under the Indemnity. As of June 30, 2015, the Company recognized approximately $65 million as its obligation under the Indemnity, which is currently payable to News Corp. Pursuant to the Indemnity, the Company made payments of $49 million and $79 million to News Corp during fiscal 2015 and 2014, respectively. If additional information becomes available and as payments are made, the Company will update the liability provision for the Indemnity. Any changes to the liability provision for the Indemnity in the future will impact the results of operations for that period. Other Equity purchase arrangements that are exercisable by the counter-party to the agreement, and that are outside the sole control of the Company, are accounted for in accordance with ASC 480-10-S99-3A. Accordingly, the fair values of such equity purchase arrangements are classified in Redeemable noncontrolling interests. Other than the arrangements classified in Redeemable noncontrolling interests, the Company is also a party to several other purchase and sale arrangements which become exercisable at various points in time. However, these arrangements are currently either not exercisable in the next twelve months or are not material. The Company establishes an accrued liability for legal claims when the Company determines that a loss is both probable and the amount of the loss can be reasonably estimated. Once established, accruals are adjusted from time to time, as appropriate, in light of additional information. The amount of any loss ultimately incurred in relation to matters for which an accrual has been established may be higher or lower than the amounts accrued for such matters. Any fees, expenses, fines, penalties, judgments or settlements which might be incurred by the Company in connection with the various proceedings could affect the Company’s results of operations and financial condition. For the contingencies disclosed above for which there is at least a reasonable possibility that a loss may be incurred, other than the accrual provided, the Company was unable to estimate the amount of loss or range of loss. The Company’s operations are subject to tax in various domestic and international jurisdictions and as a matter of course, the Company is regularly audited by federal, state and foreign tax authorities. The Company believes it has appropriately accrued for the expected outcome of all pending tax matters and does not currently anticipate that the ultimate resolution of pending tax matters will have a material adverse effect on its consolidated financial condition, future results of operations or liquidity.

Pension and Other Postretiremen

Pension and Other Postretirement Benefits	12 Months Ended
	Jun. 30, 2015
Compensation And Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits	NOTE 16. PENSION AND OTHER POSTRETIREMENT BENEFITS The Company participates in and/or sponsors various pension, savings and postretirement benefit plans. The major pension plans and postretirement benefit plans are closed to new participants (with the exception of groups covered by collective bargaining agreements). In fiscal 2015, the Company settled a portion of its pension obligations by irrevocably transferring pension liabilities to an insurance company through the purchase of a group annuity contract and through lump sum distributions. This purchase, funded with pension plan assets, resulted in a pre-tax settlement loss related to the recognition of accumulated deferred actuarial losses of $245 million which was included in Other, net in the Consolidated Statement of Operations for fiscal 2015. The Company has a legally enforceable obligation to contribute to some plans and is not required to contribute to others. The plans in the U.S. include both defined benefit pension plans and employee non-contributory and employee contributory accumulation plans covering all eligible employees. The Company makes contributions in accordance with applicable laws or contract terms in each jurisdiction in which the Company operates. The Company’s benefit obligation is calculated using several assumptions which the Company reviews on a regular basis. The funded status of the plans can change from year to year, but the assets of the funded plans have been sufficient to pay all benefits that came due in each of fiscal 2015, 2014 and 2013. The Company uses a June 30 measurement date for all pension and postretirement benefit plans. The following table sets forth the change in the projected benefit obligation, change in the fair value of plan assets and funded status for the Company’s benefit plans: Pension benefits Postretirement benefits As of June 30, 2015 2014 2015 2014 (in millions) Projected benefit obligation, beginning of the year $ 2,494 $ 2,095 $ 153 $ 146 Service cost 75 73 4 4 Interest cost 107 106 6 6 Benefits paid (52 ) (53 ) (8 ) (8 ) Settlements (a) (58 ) (39 ) - - Actuarial (gains) losses (b) (21 ) 289 2 5 Foreign exchange rate changes (16 ) 16 - - Annuitization of pension liabilities (c) (537 ) - - - Dispositions (44 ) - - - Other (10 ) 7 - - Projected benefit obligation, end of the year 1,938 2,494 157 153 Change in the fair value of plan assets for the Company’s benefit plans: Fair value of plan assets, beginning of the year 1,874 1,657 - - Actual return on plan assets (2 ) 197 - - Employer contributions 174 100 8 8 Benefits paid (52 ) (53 ) (8 ) (8 ) Settlements (a) (58 ) (39 ) - - Foreign exchange rate changes (9 ) 12 - - Annuitization of pension liabilities (c) (537 ) - - - Other (2 ) - - - Fair value of plan assets, end of the year 1,388 1,874 - - Funded status (d) $ (550 ) $ (620 ) $ (157 ) $ (153 ) (a) (b) (c) In the fourth quarter of fiscal 2015, the Company settled pension obligations through the purchase of a group annuity contract from an insurance company and through lump sum distributions. This purchase, funded with pension plan assets, resulted in a pre-tax settlement loss related to the recognition of accumulated deferred actuarial losses of $245 million which was included in Other, net in the Consolidated Statement of Operations for fiscal 2015. (d) Amounts recognized in the Consolidated Balance Sheets consist of: Pension benefits Postretirement benefits As of June 30, 2015 2014 2015 2014 (in millions) Pension/postretirement assets $ - $ 34 $ - $ - Accrued pension/postretirement liabilities (550 ) (654 ) (157 ) (153 ) Net amount recognized $ (550 ) $ (620 ) $ (157 ) $ (153 ) Amounts recognized in Accumulated other comprehensive loss, before tax, consist of: Pension benefits Postretirement benefits As of June 30, 2015 2014 2015 2014 (in millions) Actuarial losses $ 609 $ 794 $ 43 $ 45 Prior service cost 6 7 - - Net amounts recognized $ 615 $ 801 $ 43 $ 45 Amounts in Accumulated other comprehensive loss, before tax, expected to be recognized as a component of net periodic benefit costs in fiscal 2016: As of June 30, 2015 Pension benefits Postretirement benefits (in millions) Actuarial losses $ 31 $ 3 Prior service cost 1 - Net amounts expected to be recognized $ 32 $ 3 Accumulated pension benefit obligations as of June 30, 2015 and 2014 were $1,662 million and $2,191 million, respectively. Information about funded and unfunded pension plans is presented below: Funded plans Unfunded plans As of June 30, 2015 2014 2015 2014 (in millions) Projected benefit obligation $ 1,647 $ 2,168 $ 291 $ 326 Accumulated benefit obligation 1,377 1,873 285 318 Fair value of plan assets 1,388 1,874 - (a) - (a) Below is information about pension plans in which the accumulated benefit obligation exceeds fair value of the plan assets. Funded plans Unfunded plans As of June 30, 2015 2014 2015 2014 (in millions) Projected benefit obligation $ 595 $ 1,319 $ 291 $ 326 Accumulated benefit obligation 586 1,023 285 318 Fair value of plan assets 483 992 - (a) - (a) The components of net periodic benefit costs from continuing operations were as follows: Pension benefits Postretirement benefits For the years ended June 30, 2015 2014 2013 2015 2014 2013 (in millions) Service cost benefits earned during the period $ 75 $ 73 $ 105 $ 4 $ 4 $ 4 Interest costs on projected benefit obligations 107 106 101 6 6 6 Expected return on plan assets (128 ) (113 ) (110 ) - - - Amortization of deferred losses 36 41 79 3 3 3 Other 1 1 2 - - - Net periodic benefit costs from continuing operations $ 91 $ 108 $ 177 $ 13 $ 13 $ 13 Net periodic benefit costs from continuing operations exclude the pre-tax settlement loss related to the recognition of accumulated deferred actuarial losses of $245 million which was included in Other, net in the Consolidated Statement of Operations for fiscal 2015. Pension benefits Postretirement benefits For the years ended June 30, 2015 2014 2013 2015 2014 2013 Additional information related to continuing operations: Weighted-average assumptions used to determine benefit obligations Discount rate 4.7 % 4.5 % 5.2 % 4.5 % 4.3 % 4.8 % Rate of increase in future compensation 4.6 % 4.6 % 4.4 % N/A N/A N/A Weighted-average assumptions used to determine net periodic benefit costs Discount rate 4.5 % 5.2 % 4.3 % 4.3 % 4.8 % 3.8 % Expected return on plan assets 7.0 % 7.0 % 7.0 % N/A N/A N/A Rate of increase in future compensation 4.6 % 4.4 % 6.2 % N/A N/A N/A N/A – not applicable In fiscal 2015, the Company adopted a new mortality table released by the Society of Actuaries which extends the life expectancy of plan participants. As a result, the projected benefit obligation for all plans increased by approximately $60 million as of June 30, 2015. The following assumed health care cost trend rates at June 30 were also used in accounting for postretirement benefits: Postretirement Benefits Fiscal 2015 Fiscal 2014 Health care cost trend rate 6.4 % 6.4 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.5 % 4.5 % Year that the rate reaches the ultimate trend rate 2028 2028 Assumed health care cost trend rates could have a significant effect on the amounts reported for the postretirement health care plan. The effect of a one percentage point increase and one percentage point decrease in the assumed health care cost trend rate would have the following effects on the results for fiscal 2015: Service and interest costs Benefit obligation (in millions) One percentage point increase $ - $ 5 One percentage point decrease - (4 ) The following table sets forth the estimated benefit payments and estimated settlements for the next five fiscal years and in aggregate for the five fiscal years thereafter. These payments are estimated based on the same assumptions used to measure the Company’s benefit obligation at the end of the fiscal year and include benefits attributable to estimated future employee service: Expected benefit payments Pension benefits Postretirement benefits (in millions) Fiscal year: 2016 $ 61 $ 8 2017 64 8 2018 69 8 2019 75 9 2020 83 9 2021-2025 534 47 The above table shows expected benefits payments for the postretirement benefits net of U.S. Medicare subsidy receipts which are anticipated to be less than $1 million per year. Plan Assets The Company applies the provisions of ASC 715, which requires disclosures including: (i) investment policies and strategies; (ii) the major categories of plan assets; (iii) the inputs and valuation techniques used to measure plan assets; (iv) the effect of fair value measurements using significant unobservable inputs on changes in plan assets for the period; and (v) significant concentrations of risk within plan assets. The table below presents the Company’s plan assets by level within the fair value hierarchy, as described in Note 8 – Fair Value, as of June 30, 2015 and 2014: As of June 30, 2015 As of June 30, 2014 Fair value measurements at reporting date using Fair value measurements at reporting date using Description Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 (in millions) Assets Pooled funds: (a) Money market funds $ 163 $ - $ 163 $ - $ 117 $ - $ 117 $ - Domestic equity funds 127 127 - - 172 172 - - International equity funds 259 259 - - 309 255 54 - Domestic fixed income funds 2 2 - - 164 164 - - International fixed income funds 147 42 105 - 161 1 160 - Balanced funds 245 104 141 - 334 173 161 - Other pooled funds 24 2 22 - - - - - Common stocks (b) U.S. common stocks 199 199 - - 360 360 - - Government and agency obligations (c) Domestic government obligations 22 - 22 - 24 - 24 - Domestic agency obligations 23 - 23 - 33 - 33 - International government obligations 2 - 2 - - - - - Corporate obligations (c) 68 - 68 - 84 - 84 - Partnership interests (d) 20 - 20 - 37 - 37 - Other 87 (1 ) 88 - 79 (11 ) 89 1 Total $ 1,388 $ 734 $ 654 $ - $ 1,874 $ 1,114 $ 759 $ 1 (a) (b) (c) (d) The Company’s investment strategy for its pension plans is to maximize the long-term rate of return on plan assets within an acceptable level of risk in order to minimize the cost of providing pension benefits while maintaining adequate funding levels. The Company’s practice is to conduct a periodic strategic review of its asset allocation. The Company’s current broad strategic targets are to have a pension asset portfolio comprising of 48% equity securities, 37% fixed income securities and 15% in cash and other investments. In developing the expected long-term rate of return, the Company considered the pension asset portfolio’s past average rate of returns and future return expectations of the various asset classes. A portion of the other allocation is reserved in short-term cash to provide for expected benefits to be paid in the short-term. The Company’s equity portfolios are managed in such a way as to achieve optimal diversity. The Company’s fixed income portfolio is investment grade in the aggregate. The Company does not manage any assets internally. The Company’s benefit plan weighted-average asset allocations, by asset category, are as follows: Pension benefits As of June 30, 2015 2014 Asset Category: Equity securities 43 % 46 % Debt securities 25 29 Other, including cash 32 25 Total 100 % 100 % Required pension plan contributions for the next fiscal year are not expected to be material; however, actual contributions may be affected by pension asset and liability valuation changes during the year. The Company will continue to make voluntary contributions as necessary to improve funded status. Multiemployer Pension and Postretirements Plans The Company contributes to various multiemployer defined benefit pension plans under the terms of collective-bargaining agreements that cover certain of its union-represented employees, primarily at the Filmed Entertainment segment. The risks of participating in these multiemployer pension plans are different from single-employer pension plans such that (i) contributions made by the Company to the multiemployer pension plans may be used to provide benefits to employees of other participating employers; (ii) if the Company chooses to stop participating in certain of these multiemployer pension plans, it may be required to pay those plans an amount based on the underfunded status of the plan, which is referred to as a withdrawal liability; and (iii) actions taken by a participating employer that lead to a deterioration of the financial health of a multiemployer pension plan may result in the unfunded obligations of the multiemployer pension plan to be borne by its remaining participating employers. While no multiemployer pension plan that the Company contributed to is individually significant to the Company, the Company was listed on six Form 5500s as providing more than 5% of total contributions based on the current information available. The financial health of a multiemployer plan is indicated by the zone status, as defined by the Pension Protection Act of 2006, which represents the funded status of the plan as certified by the plan’s actuary. Plans in the red zone are less than 65% funded, the yellow zone are between 65% and 80% funded, and green zone are at least 80% funded. The most recent available funded status of the six plans in which the Company was listed as providing more than 5% of total contributions are all green. The Company also contributes to various other multiemployer benefit plans that provide health and welfare benefits to active and retired participants, primarily at the Filmed Entertainment segment. The table below presents the Company’s contributions to multiemployer pension and postretirement plans for fiscal 2015, 2014 and 2013: For the years ended June 30, 2015 2014 2013 (in millions) Pension benefits $ 77 $ 70 $ 66 Other benefits 89 85 80 Total contributions $ 166 $ 155 $ 146 Defined Contribution Plans The Company has defined contribution plans for the benefit of substantially all employees meeting certain eligibility requirements. Employer contributions to such plans were $59 million, $69 million and $195 million for fiscal 2015, 2014 and 2013, respectively, of which $134 million for fiscal 2013 related to discontinued operations.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 17. INCOME TAXES Income from continuing operations before income tax expense was attributable to the following jurisdictions: For the years ended June 30, 2015 2014 2013 (in millions) U.S. (including exports) $ 9,953 $ 5,375 $ 8,115 Foreign (106 ) (186 ) 621 Income from continuing operations before income tax expense $ 9,847 $ 5,189 $ 8,736 Significant components of the Company’s provision for income taxes from continuing operations were as follows: For the years ended June 30, 2015 2014 2013 (in millions) U.S. Federal $ 891 $ 1,178 $ 1,024 State & local 88 76 93 Foreign 93 57 93 Total current 1,072 1,311 1,210 Deferred and other 171 (39 ) 480 Provision for income taxes from continuing operations $ 1,243 $ 1,272 $ 1,690 The reconciliation of income tax attributable to continuing operations computed at the statutory rate to income tax expense was: For the years ended June 30, 2015 2014 2013 U.S. federal income tax rate 35 % 35 % 35 % Sale of interest in subsidiaries - - (4 ) State and local taxes 1 1 1 Effect of foreign operations (2 ) (5 ) (2 ) Adjustments for tax matters, net 2 - (1 ) Valuation allowance movements (20 ) - (7 ) Nontaxable income attributable to noncontrolling interests (1 ) (2 ) (1 ) Domestic production activities deduction (1 ) (2 ) (1 ) Other (1 ) (2 ) (1 ) Effective tax rate for income from continuing operations 13 % 25 % 19 % The following is a summary of the components of the deferred tax accounts: As of June 30, 2015 2014 (in millions) Deferred tax assets: Net operating loss carryforwards $ 380 $ 284 Capital loss carryforwards 36 1,360 Foreign tax credit carryforwards 173 561 Accrued liabilities 981 733 Other 222 293 Total deferred tax assets 1,792 3,231 Deferred tax liabilities: Basis difference and amortization (2,418 ) (2,898 ) Revenue recognition (511 ) (528 ) Sports rights contracts (383 ) (135 ) Total deferred tax liabilities (3,312 ) (3,561 ) Net deferred tax liability before valuation allowance (1,520 ) (330 ) Less: valuation allowance (453 ) (2,338 ) Total net deferred tax liabilities $ (1,973 ) $ (2,668 ) The Company had current deferred tax assets of $28 million and current deferred tax liabilities of $220 million as of June 30, 2015 and nil as of June 30, 2014. The Company had non-current deferred tax assets of $301 million and $61 million as of June 30, 2015 and 2014, respectively. The Company also had non-current deferred tax liabilities of $2,082 million and $2,729 million as of June 30, 2015 and 2014, respectively. The primary reason for the change in the net deferred tax liabilities is due to the sale of the DBS businesses which necessitated the reversal of historical deferred tax liabilities. This transaction also allowed for the utilization of capital loss carryforwards and foreign tax credit carryforwards in the current year. Previously, these tax assets had a full valuation allowance recorded. As a result of the transaction, the associated valuation allowance was also reversed. As of June 30, 2015, the Company had $380 million of tax attributes from net operating loss carryforwards available to offset future taxable income. A substantial portion of these losses expire through 2023. In accordance with ASC 740, a valuation allowance of $197 million is recorded against this attribute with a further $256 million valuation allowance recorded on various other tax assets to reflect their realizable value. As of June 30, 2015, the Company had $173 million of foreign tax credit carryovers available to offset future income tax expense. Foreign tax credit carryforwards may only be utilized to offset the portion of the Company’s earnings in the U.S. which are considered foreign source. The Company has no valuation allowance associated with this tax asset as the Company has determined that it is more likely than not that the Company will utilize these foreign tax credit carryforwards prior to their expiration. The following table sets forth the change in the unrecognized tax benefits, excluding interest and penalties: For the years ended June 30, 2015 2014 2013 (in millions) Balance, beginning of year $ 144 $ 200 $ 173 Additions for prior year tax positions 46 1 60 Additions for current year tax positions 171 13 4 Reduction for prior year tax positions - (70 ) (37 ) Balance, end of year $ 361 $ 144 $ 200 The Company recognizes interest and penalty charges related to unrecognized tax benefits as income tax expense. The Company recorded liabilities for accrued interest of $37 million and $29 million as of June 30, 2015 and 2014, respectively, and the amounts of interest income/expense recorded in each of the three fiscal years 2015, 2014 and 2013 were not material. The Company is subject to tax in various domestic and international jurisdictions and, as a matter of ordinary course, the Company is regularly audited by federal, state and foreign tax authorities. The Company believes it has appropriately accrued for the expected outcome of all pending tax matters and does not anticipate that the resolution of these pending tax matters will have a material adverse effect on its consolidated financial condition, future results of operations or liquidity. The increase in the balance for the current year primarily relates to uncertainties related to certain valuation matters. The U.S. Internal Revenue Service has concluded its examination of the Company’s returns through fiscal year 2008, and is currently examining fiscal years 2009 through 2013. Additionally, the Company’s income tax returns for fiscal years 2000 through 2015 are subject to examination in various foreign jurisdictions. The Company does not expect significant changes to these positions over the next 12 months. As of June 30, 2015 and 2014, $361 million and $144 million, respectively, would affect the Company’s effective income tax rate, if the Company’s position with respect to the uncertainties is upheld. The Company has not provided U.S. deferred income taxes and foreign withholding taxes on outside basis differentials including undistributed earnings attributable to certain foreign subsidiaries. It is management’s intention to reinvest in these subsidiaries indefinitely and the Company’s long term domestic liquidity needs do not consider repatriation of the undistributed earnings of these subsidiaries. The calculation of the unrecognized deferred tax liability for temporary differences related to these outside basis differentials is not practicable. Undistributed earnings of foreign subsidiaries of the Company considered to be indefinitely reinvested amounted to approximately $975 million as of June 30, 2015.

Segment Information

Segment Information	12 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Information	NOTE 18. SEGMENT INFORMATION The Company is a diversified global media and entertainment company, which manages and reports its businesses in the following segments: — Cable Network Programming , which principally consists of the production and licensing of programming distributed primarily through cable television systems, direct broadcast satellite operators, telecommunication companies and online video distributors in the U.S. and internationally. — Television , which principally consists of the broadcasting of network programming in the U.S. and the operation of 28 full power broadcast television stations, including 11 duopolies, in the U.S. (of these stations, 17 are affiliated with the FOX, 10 are affiliated with MyNetworkTV and one is an independent station). — Filmed Entertainment , which principally consists of the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media worldwide, and the production and licensing of television programming worldwide. — Direct Broadcast Satellite Television, which consisted of the distribution of programming services via satellite, cable and broadband directly to subscribers in Italy, Germany and Austria. The DBS segment consisted entirely of the operations of Sky Italia and Sky Deutschland. On November 12, 2014, Twenty-First Century Fox completed the sale of Sky Italia and its 57% interest in Sky Deutschland to Sky (See Note 3 – Acquisitions, Disposals and Other Transactions). — Other, Corporate and Eliminations , which principally consists of corporate overhead and eliminations and other businesses. Following the sale of the DBS businesses, the Company continues to report in five segments for comparative purposes. The Company’s operating segments have been determined in accordance with the Company’s internal management structure, which is organized based on operating activities. The Company evaluates performance based upon several factors, of which the primary financial measure is Segment OIBDA. Due to the integrated nature of these operating segments, estimates and judgments are made in allocating certain assets, revenues and expenses. Segment OIBDA is defined as Revenues less Operating expenses and Selling, general and administrative expenses. Segment OIBDA does not include: Amortization of cable distribution investments, Depreciation and amortization, Impairment charges, Equity earnings of affiliates, Interest expense, net, Interest income, Other, net, Income tax expense and Net income attributable to noncontrolling interests. Management believes that Segment OIBDA is an appropriate measure for evaluating the operating performance of the Company’s business segments because it is the primary measure used by the Company’s chief operating decision maker to evaluate the performance of and allocate resources within the Company’s businesses. Management believes that information about Total Segment OIBDA assists all users of the Company’s Consolidated Financial Statements by allowing them to evaluate changes in the operating results of the Company’s portfolio of businesses separate from non-operational factors that affect net income, thus providing insight into both operations and the other factors that affect reported results. Total Segment OIBDA provides management, investors and equity analysts a measure to analyze the operating performance of the Company’s business and its enterprise value against historical data and competitors’ data, although historical results, including Segment OIBDA and Total Segment OIBDA, may not be indicative of future results (as operating performance is highly contingent on many factors, including customer tastes and preferences). Total Segment OIBDA is a non-GAAP measure and should be considered in addition to, not as a substitute for, net income, cash flow and other measures of financial performance reported in accordance with GAAP. In addition, this measure does not reflect cash available to fund requirements and excludes items, such as depreciation and amortization and impairment charges, which are significant components in assessing the Company’s financial performance. For the years ended June 30, 2015 2014 2013 (in millions) Revenues: Cable Network Programming $ 13,773 $ 12,273 $ 10,881 Television 4,895 5,296 4,860 Filmed Entertainment 9,525 9,679 8,642 Direct Broadcast Satellite Television 2,112 6,030 4,439 Other, Corporate and Eliminations (1,318 ) (1,411 ) (1,147 ) Total revenues $ 28,987 $ 31,867 $ 27,675 Segment OIBDA: Cable Network Programming $ 4,648 $ 4,407 $ 4,177 Television 718 882 855 Filmed Entertainment 1,445 1,358 1,308 Direct Broadcast Satellite Television 234 424 397 Other, Corporate and Eliminations (323 ) (356 ) (476 ) Total Segment OIBDA 6,722 6,715 6,261 Amortization of cable distribution investments (80 ) (85 ) (89 ) Depreciation and amortization (736 ) (1,142 ) (797 ) Equity earnings of affiliates 904 622 655 Interest expense, net (1,198 ) (1,121 ) (1,063 ) Interest income 39 26 57 Other, net 4,196 174 3,712 Income from continuing operations before income tax expense 9,847 5,189 8,736 Income tax expense (1,243 ) (1,272 ) (1,690 ) Income from continuing operations 8,604 3,917 7,046 (Loss) income from discontinued operations, net of tax (67 ) 729 277 Net income 8,537 4,646 7,323 Less: Net income attributable to noncontrolling interests (231 ) (132 ) (226 ) Net income attributable to Twenty-First Century Fox stockholders $ 8,306 $ 4,514 $ 7,097 Intersegment revenues, generated by the Filmed Entertainment segment, of $1,236 million, $1,292 million and $979 million for fiscal 2015, 2014 and 2013, respectively, have been eliminated within the Other, Corporate and Eliminations segment. For the years ended June 30, 2015 2014 2013 (in millions) Depreciation and amortization: Cable Network Programming $ 294 $ 232 $ 197 Television 115 105 93 Filmed Entertainment 107 133 132 Direct Broadcast Satellite Television 202 657 355 Other, Corporate and Eliminations 18 15 20 Total depreciation and amortization $ 736 $ 1,142 $ 797 For the years ended June 30, 2015 2014 2013 (in millions) Capital expenditures: Cable Network Programming $ 106 $ 131 $ 88 Television 77 90 103 Filmed Entertainment 45 61 63 Direct Broadcast Satellite Television 95 368 344 Other, Corporate and Eliminations 101 28 24 Total capital expenditures $ 424 $ 678 $ 622 As of June 30, 2015 2014 (in millions) Total assets: Cable Network Programming $ 23,235 $ 22,422 Television 6,646 6,449 Filmed Entertainment 9,105 10,419 Direct Broadcast Satellite Television - 9,144 Other, Corporate and Eliminations 6,536 3,500 Investments 4,529 2,859 Total assets $ 50,051 $ 54,793 As of June 30, 2015 2014 (in millions) Goodwill and intangible assets, net: Cable Network Programming $ 12,746 $ 12,854 Television 4,297 4,282 Filmed Entertainment 1,790 2,441 Direct Broadcast Satellite Television - 6,451 Other, Corporate and Eliminations - 96 Total goodwill and intangible assets, net $ 18,833 $ 26,124 Revenues by Component For the years ended June 30, 2015 2014 2013 (in millions) Revenues: Affiliate fees $ 10,353 $ 8,984 $ 7,678 Subscription 1,964 5,467 4,074 Advertising 7,609 8,218 7,634 Content 8,677 8,596 7,871 Other 384 602 418 Total revenues $ 28,987 $ 31,867 $ 27,675 Geographic Segments For the years ended June 30, 2015 2014 2013 (in millions) Revenues: U.S. and Canada (a) $ 18,563 $ 17,842 $ 15,937 Europe (b) 5,724 9,745 7,717 Other (c) 4,700 4,280 4,021 Total revenues $ 28,987 $ 31,867 $ 27,675 (a) (b) (c) As of June 30, 2015 2014 (in millions) Long-lived assets: (a) U.S. and Canada $ 8,194 $ 7,951 Europe 170 1,788 Other 648 634 Total long-lived assets $ 9,012 $ 10,373 (a) There is no material reliance on any single customer. Revenues are attributed to countries based on location of customers. Other primarily consists of Asia and South America.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 19. EARNINGS PER SHARE The following tables set forth the computation of basic and diluted earnings per share under ASC 260, “Earnings per Share”: For the years ended June 30, 2015 2014 2013 (in millions, except per share amounts) Income from continuing operations $ 8,604 $ 3,917 $ 7,046 Less: Net income attributable to noncontrolling interests (231 ) (132 ) (226 ) Income from continuing operations attributable to Twenty-First Century Fox stockholders - basic $ 8,373 $ 3,785 $ 6,820 Other (1 ) - (3 ) Income from continuing operations attributable to Twenty-First Century Fox stockholders - diluted $ 8,372 $ 3,785 $ 6,817 (Loss) income from discontinued operations, net of tax attributable to Twenty-First Century Fox stockholders - basic and diluted (67 ) 729 277 Net income attributable to Twenty-First Century Fox stockholders - basic 8,306 4,514 7,097 Other (1 ) - (3 ) Net income attributable to Twenty-First Century Fox stockholders - diluted $ 8,305 $ 4,514 $ 7,094 Weighted average shares - basic 2,127 2,265 2,337 Shares issuable under equity-based compensation plans (a) 3 4 4 Weighted average shares - diluted 2,130 2,269 2,341 Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - basic $ 3.94 $ 1.67 $ 2.91 Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - diluted $ 3.93 $ 1.67 $ 2.91 (Loss) income from discontinued operations, net of tax attributable to Twenty-First Century Fox stockholders per share - basic and diluted $ (0.03 ) $ 0.32 $ 0.12 Net income attributable to Twenty-First Century Fox stockholders per share - basic $ 3.91 $ 1.99 $ 3.03 Net income attributable to Twenty-First Century Fox stockholders per share - diluted $ 3.90 $ 1.99 $ 3.03 (a)

Quarterly Data (Unaudited)

Quarterly Data (Unaudited)	12 Months Ended
	Jun. 30, 2015
Quarterly Financial Information Disclosure [Abstract]
Quarterly Data (Unaudited)	NOTE 20. QUARTERLY DATA (UNAUDITED) For the three months ended September 30, December 31, March 31, June 30, (in millions, except per share amounts) Fiscal 2015 Revenues $ 7,887 $ 8,055 $ 6,840 $ 6,205 Income from continuing operations attributable to Twenty-First Century Fox stockholders (a) 1,044 6,223 990 116 Loss from discontinued operations, net of tax (7 ) (16 ) (15 ) (29 ) Net income attributable to Twenty-First Century Fox stockholders $ 1,037 $ 6,207 $ 975 $ 87 Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - basic and diluted $ 0.48 $ 2.89 $ 0.47 $ 0.06 Net income attributable to Twenty-First Century Fox stockholders per share - basic $ 0.47 $ 2.89 $ 0.46 $ 0.04 Net income attributable to Twenty-First Century Fox stockholders per share - diluted $ 0.47 $ 2.88 $ 0.46 $ 0.04 Stock prices (b) Class A - High $ 36.30 $ 39.01 $ 37.85 $ 34.65 Class A - Low $ 31.30 $ 31.77 $ 32.80 $ 32.26 Class B - High $ 35.28 $ 37.50 $ 36.52 $ 34.43 Class B - Low $ 31.03 $ 30.71 $ 31.78 $ 31.88 Fiscal 2014 Revenues $ 7,061 $ 8,163 $ 8,219 $ 8,424 Income from continuing operations attributable to Twenty-First Century Fox stockholders 768 982 1,069 966 Income (loss) from discontinued operations, net of tax 487 225 (16 ) 33 Net income attributable to Twenty-First Century Fox stockholders $ 1,255 $ 1,207 $ 1,053 $ 999 Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - basic and diluted $ 0.33 $ 0.43 $ 0.47 $ 0.43 Net income attributable to Twenty-First Century Fox stockholders per share - basic and diluted $ 0.54 $ 0.53 $ 0.47 $ 0.45 Stock prices (b) Class A - High $ 33.51 $ 35.18 $ 35.63 $ 36.21 Class A - Low $ 29.21 $ 32.20 $ 30.73 $ 31.65 Class B - High $ 33.40 $ 34.85 $ 35.04 $ 35.36 Class B - Low $ 29.34 $ 31.65 $ 30.21 $ 30.77 (a ) (b)

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Jun. 30, 2015
Valuation And Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	NOTE 21. VALUATION AND QUALIFYING ACCOUNTS Balance as of beginning of year Additions Acquisitions and disposals Utilization Foreign exchange Balance as of end of year (in millions) Fiscal 2015 Allowances for returns and doubtful accounts $ (815 ) $ (881 ) $ 149 $ 889 $ 152 $ (506 ) Deferred tax valuation allowance (2,338 ) (34 ) 1,687 224 8 (453 ) Fiscal 2014 Allowances for returns and doubtful accounts $ (899 ) $ (890 ) $ - $ 943 $ 31 $ (815 ) Deferred tax valuation allowance (3,284 ) (171 ) 938 218 (39 ) (2,338 ) Fiscal 2013 Allowances for returns and doubtful accounts $ (800 ) $ (1,078 ) $ 5 $ 994 $ (20 ) $ (899 ) Deferred tax valuation allowance (1,514 ) (156 ) (2,054 ) 392 48 (3,284 )

Additional Financial Informatio

Additional Financial Information	12 Months Ended
	Jun. 30, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Additional Financial Information	NOTE 22. ADDITIONAL FINANCIAL INFORMATION Supplemental Cash Flows Information For the years ended June 30, 2015 2014 2013 (in millions) Supplemental cash flows information: Cash paid for income taxes (a) $ (880 ) $ (1,441 ) $ (1,267 ) Cash paid for interest $ (1,213 ) $ (1,140 ) $ (1,080 ) Sale of other investments $ 2 $ 1 $ 3 Purchase of other investments $ (78 ) $ (65 ) $ (155 ) Supplemental information on businesses acquired and additional investments: Fair value of assets acquired $ 219 $ 2,833 $ 5,399 Cash acquired - 3 684 Liabilities assumed (2 ) (1,763 ) (2,174 ) Decrease in deferred consideration - 7 - Noncontrolling interest increase - (385 ) (2,619 ) Cash paid (142 ) (695 ) (1,290 ) Fair value of equity instruments issued to third parties 75 - - Issuance of subsidiary common units (75 ) - - Fair value of equity instruments consideration $ - $ - $ - (a) Other, net The following table sets forth the components of Other, net included in the Consolidated Statements of Operations: For the years ended June 30, 2015 2014 2013 (in millions) Gain on disposition of DBS businesses (a) $ 4,984 $ - $ - Gain on disposition of Shine Group (a) 58 - - Change in fair value of securities (a) 12 (4 ) 86 Impairment charges (b) (270 ) - (35 ) Settlement loss on pension liabilities (c) (245 ) - - Restructuring (d) (232 ) (52 ) (13 ) Loss on exit of MundoFox investment (e) (85 ) - - Venezuela foreign currency devaluation (f) (28 ) (104 ) - Investment impairment losses (e) (4 ) (69 ) (20 ) Gain on sale of investment in STATS (e) - 112 - Gain on Sky Deutschland transaction (a) - - 2,069 (Loss) gain on sale of investment in NDS (e) - (30 ) 1,446 Gain on sale of investment in Phoenix (e) - 199 81 Gain on Fox Sports Asia transaction (a) - - 174 Shareholder litigation settlement (g) - 111 - Loss on sale of Baltimore station (a) - - (92 ) Other 6 11 16 Total other, net $ 4,196 $ 174 $ 3,712 (a) ( b ) ( c ) (d) (e) ( f ) (g)

Supplemental Guarantor Informat

Supplemental Guarantor Information	12 Months Ended
	Jun. 30, 2015
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Supplemental Guarantor Information	TWENTY-FIRST CENTURY FOX, INC. NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS NOTE 23. SUPPLEMENTAL GUARANTOR INFORMATION In May 2015, the Company refinanced the Prior Credit Agreement with the New Credit Agreement, among 21CFA as Borrower, the Company as Parent Guarantor and other parties (See Note 11 – Borrowings for further information). The Parent Guarantor presently guarantees the senior public indebtedness of 21CFA and the guarantee is full and unconditional. The supplemental condensed consolidating financial information of the Parent Guarantor should be read in conjunction with these Consolidated Financial Statements. In accordance with rules and regulations of the Securities and Exchange Commission (“SEC”), the Company uses the equity method to account for the results of all of the non-guarantor subsidiaries, representing substantially all of the Company’s consolidated results of operations, excluding certain intercompany eliminations. The following condensed consolidating financial statements present the results of operations, financial position and cash flows of 21CFA, the Company and the subsidiaries of the Company and the eliminations and reclassifications necessary to arrive at the information for the Company on a consolidated basis. With respect to fiscal 2014 and 2013, we identified certain adjustments, which the Company determined were not material, related to the presentation of Earnings (losses) from subsidiary entities for fiscal 2014 and 2013 and Intragroup investments as of June 30, 2014. These revisions had no impact on any consolidated totals of the condensed consolidating financial statements. These revisions impacted the amounts presented in the 21CFA column (increasing the amounts presented as Earnings (losses) from subsidiary entities, Income tax (expense) benefit and Comprehensive income (loss) attributable to Twenty-First Century Fox stockholders) and in the Reclassifications and Eliminations column in the Supplemental Condensed Consolidating Statements of Operations for fiscal 2014 and 2013 and the amounts presented in the 21CFA column (increasing the Intragroup investments and Equity) and in the Reclassifications and Eliminations column in the Supplemental Condensed Consolidating Balance Sheet as of June 30, 2014. These adjustments were not reflected in the previously filed Supplemental Guarantor Information filed with our Form 10-K filed with the SEC on August 14, 2014. Accordingly, the Supplemental Condensed Consolidating Statements of Operations for fiscal 2014 and 2013 and Supplemental Condensed Consolidating Balance Sheet as of June 30, 2014 have been revised to reflect the immaterial adjustments described above. Fiscal 2015 amounts have been prepared to conform to this presentation. Supplemental Condensed Consolidating Statement of Operations For the year ended June 30, 2015 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Revenues $ 1 $ - $ 28,986 $ - $ 28,987 Expenses (333 ) - (22,748 ) - (23,081 ) Equity (losses) earnings of affiliates (3 ) - 907 - 904 Interest expense, net (1,586 ) (637 ) (96 ) 1,121 (1,198 ) Interest income 9 6 1,145 (1,121 ) 39 Earnings from subsidiary entities 11,205 9,012 - (20,217 ) - Other, net 53 (8 ) 4,151 - 4,196 Income from continuing operations before income tax expense 9,346 8,373 12,345 (20,217 ) 9,847 Income tax expense (1,181 ) - (1,559 ) 1,497 (1,243 ) Income from continuing operations 8,165 8,373 10,786 (18,720 ) 8,604 Loss from discontinued operations, net of tax - (67 ) - - (67 ) Net income 8,165 8,306 10,786 (18,720 ) 8,537 Less: Net income attributable to noncontrolling interests - - (231 ) - (231 ) Net income attributable to Twenty-First Century Fox stockholders $ 8,165 $ 8,306 $ 10,555 $ (18,720 ) $ 8,306 Comprehensive income attributable to Twenty-First Century Fox stockholders $ 6,368 $ 6,770 $ 8,677 $ (15,045 ) $ 6,770 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Operations For the year ended June 30, 2014 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Revenues $ 1 $ - $ 31,866 $ - $ 31,867 Expenses (345 ) - (26,034 ) - (26,379 ) Equity earnings of affiliates 1 - 621 - 622 Interest expense, net (1,561 ) (513 ) (47 ) 1,000 (1,121 ) Interest income 3 3 1,020 (1,000 ) 26 Earnings from subsidiary entities 6,530 4,200 - (10,730 ) - Other, net 590 82 (498 ) - 174 Income from continuing operations before income tax expense 5,219 3,772 6,928 (10,730 ) 5,189 Income tax expense (1,279 ) - (1,699 ) 1,706 (1,272 ) Income from continuing operations 3,940 3,772 5,229 (9,024 ) 3,917 (Loss) income from discontinued operations, net of tax (13 ) 742 - - 729 Net income 3,927 4,514 5,229 (9,024 ) 4,646 Less: Net income attributable to noncontrolling interests - - (132 ) - (132 ) Net income attributable to Twenty-First Century Fox stockholders $ 3,927 $ 4,514 $ 5,097 $ (9,024 ) $ 4,514 Comprehensive income attributable to Twenty-First Century Fox stockholders $ 4,390 $ 4,799 $ 5,572 $ (9,962 ) $ 4,799 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Operations For the year ended June 30, 2013 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Revenues $ 1 $ - $ 27,674 $ - $ 27,675 Expenses (467 ) - (21,833 ) - (22,300 ) Equity earnings of affiliates 1 - 654 - 655 Interest expense, net (1,551 ) (491 ) 109 870 (1,063 ) Interest income 137 6 921 (1,007 ) 57 Earnings from subsidiary entities 5,561 4,922 - (10,483 ) - Other, net 269 2,768 675 - 3,712 Income from continuing operations before income tax expense 3,951 7,205 8,200 (10,620 ) 8,736 Income tax expense (764 ) - (1,586 ) 660 (1,690 ) Income from continuing operations 3,187 7,205 6,614 (9,960 ) 7,046 Income (loss) from discontinued operations, net of tax 663 (108 ) 968 (1,246 ) 277 Net income 3,850 7,097 7,582 (11,206 ) 7,323 Less: Net income attributable to noncontrolling interests - - (226 ) - (226 ) Net income attributable to Twenty-First Century Fox stockholders $ 3,850 $ 7,097 $ 7,356 $ (11,206 ) $ 7,097 Comprehensive income attributable to Twenty-First Century Fox stockholders $ 3,147 $ 6,466 $ 7,519 $ (10,666 ) $ 6,466 See notes to supplemental guarantor information Supplemental Condensed Consolidating Balance Sheet As of June 30, 2015 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries ASSETS Current assets: Cash and cash equivalents $ 767 $ 5,913 $ 1,748 $ - $ 8,428 Receivables, net 11 - 5,902 (1 ) 5,912 Inventories, net - - 2,749 - 2,749 Other 14 - 273 - 287 Total current assets 792 5,913 10,672 (1 ) 17,376 Non-current assets: Receivables, net 15 - 379 - 394 Inventories, net - - 6,411 - 6,411 Property, plant and equipment, net 230 - 1,492 - 1,722 Intangible assets, net - - 6,320 - 6,320 Goodwill - - 12,513 - 12,513 Other 384 - 402 - 786 Investments: Investments in associated companies and other investments 50 22 4,457 - 4,529 Intragroup investments 92,821 53,278 - (146,099 ) - Total investments 92,871 53,300 4,457 (146,099 ) 4,529 TOTAL ASSETS $ 94,292 $ 59,213 $ 42,646 $ (146,100 ) $ 50,051 LIABILITIES AND EQUITY Current liabilities: Borrowings $ 200 $ - $ 44 $ - $ 244 Other current liabilities 467 74 6,478 (1 ) 7,018 Total current liabilities 667 74 6,522 (1 ) 7,262 Non-current liabilities: Borrowings 17,278 - 1,517 - 18,795 Other non-current liabilities 571 - 4,616 - 5,187 Intercompany 35,999 41,919 (77,918 ) - - Redeemable noncontrolling interests - - 621 - 621 Total equity 39,777 17,220 107,288 (146,099 ) 18,186 TOTAL LIABILITIES AND EQUITY $ 94,292 $ 59,213 $ 42,646 $ (146,100 ) $ 50,051 See notes to supplemental guarantor information Supplemental Condensed Consolidating Balance Sheet As of June 30, 2014 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries ASSETS Current assets: Cash and cash equivalents $ 473 $ 3,120 $ 1,822 $ - $ 5,415 Receivables, net 3 - 6,466 (1 ) 6,468 Inventories, net - - 3,092 - 3,092 Other 10 - 391 - 401 Total current assets 486 3,120 11,771 (1 ) 15,376 Non-current assets: Receivables, net 16 - 438 - 454 Inventories, net - - 6,442 - 6,442 Property, plant and equipment, net 145 - 2,786 - 2,931 Intangible assets, net - - 8,072 - 8,072 Goodwill - - 18,052 - 18,052 Other 410 - 197 - 607 Investments: Investments in associated companies and other investments 113 19 2,727 - 2,859 Intragroup investments 80,714 46,499 - (127,213 ) - Total investments 80,827 46,518 2,727 (127,213 ) 2,859 TOTAL ASSETS $ 81,884 $ 49,638 $ 50,485 $ (127,214 ) $ 54,793 LIABILITIES AND EQUITY Current liabilities: Borrowings $ 750 $ - $ 49 $ - $ 799 Other current liabilities 516 85 7,457 (1 ) 8,057 Total current liabilities 1,266 85 7,506 (1 ) 8,856 Non-current liabilities: Borrowings 16,279 - 1,980 - 18,259 Other non-current liabilities 316 - 5,920 - 6,236 Intercompany 33,276 32,135 (65,411 ) - - Redeemable noncontrolling interests - - 541 - 541 Total equity 30,747 17,418 99,949 (127,213 ) 20,901 TOTAL LIABILITIES AND EQUITY $ 81,884 $ 49,638 $ 50,485 $ (127,214 ) $ 54,793 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Cash Flows For the year ended June 30, 2015 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Operating activities: Net cash provided by operating activities from continuing operations $ 43 $ 1,340 $ 2,234 $ - $ 3,617 Investing activities: Property, plant and equipment (100 ) - (324 ) - (424 ) Investments (127 ) (3 ) (1,337 ) - (1,467 ) Proceeds from dispositions, net 86 8,581 (40 ) - 8,627 Net cash (used in) provided by investing activities from continuing operations (141 ) 8,578 (1,701 ) - 6,736 Financing activities: Borrowings 1,191 - 1,970 - 3,161 Repayment of borrowings (750 ) - (2,095 ) - (2,845 ) Issuance of shares and excess tax benefit from equity-based compensation - 51 - - 51 Repurchase of shares - (5,939 ) - - (5,939 ) Dividends paid and distributions - (587 ) (291 ) - (878 ) Purchase of subsidiary shares from noncontrolling interests - (650 ) (2 ) - (652 ) Net cash provided by (used in) financing activities from continuing operations 441 (7,125 ) (418 ) - (7,102 ) Discontinued operations: Net decrease in cash and cash equivalents from discontinued operations (49 ) - - - (49 ) Net increase in cash and cash equivalents 294 2,793 115 - 3,202 Cash and cash equivalents, beginning of year 473 3,120 1,822 - 5,415 Exchange movement on cash balances - - (189 ) - (189 ) Cash and cash equivalents, end of year $ 767 $ 5,913 $ 1,748 $ - $ 8,428 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Cash Flows For the year ended June 30, 2014 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Operating activities: Net cash (used in) provided by operating activities from continuing operations $ (756 ) $ 2,633 $ 1,087 $ - $ 2,964 Investing activities: Property, plant and equipment (26 ) - (652 ) - (678 ) Investments (4 ) - (771 ) - (775 ) Proceeds from dispositions, net 9 117 392 - 518 Net cash (used in) provided by investing activities from continuing operations (21 ) 117 (1,031 ) - (935 ) Financing activities: Borrowings 987 - 168 - 1,155 Repayment of borrowings (134 ) - (162 ) - (296 ) Issuance of shares and excess tax benefit from equity-based compensation - 66 - - 66 Repurchase of shares - (3,772 ) - - (3,772 ) Dividends paid and distributions - (568 ) (224 ) - (792 ) Purchase of subsidiary shares from noncontrolling interests - - (127 ) - (127 ) Distribution to News Corporation - (10 ) - - (10 ) Net cash provided by (used in) financing activities from continuing operations 853 (4,284 ) (345 ) - (3,776 ) Discontinued operations: Net (decrease) increase in cash and cash equivalents from discontinued operations (127 ) 698 - - 571 Net decrease in cash and cash equivalents (51 ) (836 ) (289 ) - (1,176 ) Cash and cash equivalents, beginning of year 524 3,956 2,179 - 6,659 Exchange movement on cash balances - - (68 ) - (68 ) Cash and cash equivalents, end of year $ 473 $ 3,120 $ 1,822 $ - $ 5,415 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Cash Flows For the year ended June 30, 2013 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Operating activities: Net cash (used in) provided by operating activities from continuing operations $ (625 ) $ 2,017 $ 1,610 $ - $ 3,002 Investing activities: Property, plant and equipment (21 ) - (601 ) - (622 ) Investments (17 ) (19 ) (1,224 ) - (1,260 ) Proceeds from dispositions, net - - 1,968 - 1,968 Net cash (used in) provided by investing activities from continuing operations (38 ) (19 ) 143 - 86 Financing activities: Borrowings 987 - 290 - 1,277 Repayment of borrowings (273 ) - (481 ) - (754 ) Issuance of shares and excess tax benefit from equity-based compensation - 203 - - 203 Repurchase of shares - (2,026 ) - - (2,026 ) Dividends paid and distributions - (398 ) (215 ) - (613 ) Purchase of subsidiary shares from noncontrolling interests - - (163 ) - (163 ) Sale of subsidiary shares to noncontrolling interests 19 - 74 - 93 Distribution to News Corporation - (1,826 ) (762 ) - (2,588 ) Net cash provided by (used in) financing activities from continuing operations 733 (4,047 ) (1,257 ) - (4,571 ) Discontinued operations: Net decrease in cash and cash equivalents from discontinued operations (107 ) - (1,324 ) - (1,431 ) Net decrease in cash and cash equivalents (37 ) (2,049 ) (828 ) - (2,914 ) Cash and cash equivalents, beginning of year 561 6,005 3,060 - 9,626 Exchange movement on cash balances - - (53 ) - (53 ) Cash and cash equivalents, end of year $ 524 $ 3,956 $ 2,179 $ - $ 6,659 See notes to supplemental guarantor information Notes to Supplemental Guarantor Information (1) Investments in the Company’s subsidiaries, for purposes of the supplemental consolidating presentation, are accounted for by their parent companies under the equity method of accounting whereby earnings of subsidiaries are reflected in the respective parent company’s investment account and earnings. (2) The guarantees of 21CFA’s senior public indebtedness constitute senior indebtedness of the Company, and rank pari passu with all present and future senior indebtedness of the Company. Because the factual basis underlying the obligations created pursuant to the various facilities and other obligations constituting senior indebtedness of the Company differ, it is not possible to predict how a court in bankruptcy would accord priorities among the obligations of the Company.

Summary of Significant Accoun33

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Principles of Consolidation	Principles of consolidation The Consolidated Financial Statements include the accounts of all majority-owned and controlled subsidiaries. In addition, the Company evaluates its relationships with other entities to identify whether they are variable interest entities as defined by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810-10, “Consolidation” (“ASC 810-10”) and whether the Company is the primary beneficiary. Consolidation is required if both of these criteria are met. All significant intercompany accounts and transactions have been eliminated in consolidation, including the intercompany portion of transactions with equity method investees. Any change in the Company’s ownership interest in a consolidated subsidiary, where a controlling financial interest is retained, are accounted for as a capital transaction. When the Company ceases to have a controlling interest in a consolidated subsidiary, the Company will recognize a gain or loss in net income upon deconsolidation. On September 19, 2013, the Company changed its fiscal year from a 52-53 week fiscal year ending on the Sunday closest to June 30 to a fiscal year ending on June 30 (“fiscal”) of each year. The Company’s 2013 fiscal year ended on June 30, 2013. The Company made this change to better align its financial reporting with the media and entertainment assets retained following the separation of its business into two independent publicly traded companies (the “Separation”) by distributing to its stockholders all of the outstanding shares of the new News Corporation (“News Corp”) on June 28, 2013 (See Note 4 – Discontinued Operations).
Reclassifications and Adjustments	Reclassifications and adjustments Certain fiscal 2014 and 2013 amounts have been reclassified to conform to the fiscal 2015 presentation. As a result of the Separation, News Corp has been classified as discontinued operations for all periods presented (See Note 4 – Discontinued Operations). Unless indicated otherwise, the information in the notes to the Consolidated Financial Statements relates to the Company’s continuing operations.
Use of Estimates	Use of estimates The preparation of the Company’s Consolidated Financial Statements in conformity with generally accepted accounting principles in the U.S. (“GAAP”) requires management to make estimates and assumptions that affect the amounts that are reported in the Consolidated Financial Statements and accompanying disclosures. Although these estimates are based on management’s best knowledge of current events and actions that the Company may undertake in the future, actual results may differ from those estimates.
Cash and Cash Equivalents	Cash and cash equivalents Cash and cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less.
Receivables	Receivables Receivables are presented net of an allowance for returns and doubtful accounts, which is an estimate of amounts that may not be collectible. The allowance for doubtful accounts is estimated based on historical experience, receivable aging, current economic trends and specific identification of certain receivables that are at risk of not being paid. In determining the allowance for returns, management analyzes historical returns, current economic trends and changes in customer demand and acceptance of the Company’s products. Based on this information, management reserves a percentage of each dollar of product sales that provide the customer with the right of return. The Company has receivables with original maturities greater than one year in duration principally related to the Company’s sale of program rights in the television syndication markets within the Filmed Entertainment segment. Allowances for credit losses are established against these non-current receivables as necessary. As of June 30, 2015 and 2014, these allowances were not material. Receivables, net consist of: As of June 30, 2015 2014 (in millions) Total receivables $ 6,812 $ 7,737 Allowances for returns and doubtful accounts (506 ) (815 ) Total receivables, net 6,306 6,922 Less: current receivables, net (5,912 ) (6,468 ) Non-current receivables, net $ 394 $ 454
Inventories	Inventories Filmed Entertainment Costs In accordance with ASC 926, “Entertainment—Films” (“ASC 926”), Filmed Entertainment costs include capitalized production costs, overhead and capitalized interest costs, net of any amounts received from outside investors. These costs, as well as participations and talent residuals, are recognized as operating expenses for each individual motion picture or television series based on the ratio that the current year’s gross revenues for such film or series bear to management’s estimate of its total remaining ultimate gross revenues. Management bases its estimates of ultimate revenue for each motion picture on the historical performance of similar motion pictures, incorporating factors such as the past box office record of the lead actors and actresses, the genre of the motion picture, pre-release market research (including test market screenings) and the expected number of theaters in which the motion picture will be released. Management updates such estimates based on information available on the actual results of each motion picture through its life cycle. Television production costs incurred in excess of the amount of revenue contracted for each episode in the initial market are expensed as incurred on an episode-by-episode basis. Estimates for initial syndication and basic cable revenues are not included in the estimated lifetime revenues of network series until such sales are probable. Television production costs incurred subsequent to the establishment of secondary markets are capitalized and amortized. Marketing costs and development costs under term deals are charged as operating expenses as incurred. Development costs for projects not produced are written-off at the earlier of the time the decision is made not to develop the story or after three years. Filmed Entertainment costs are stated at the lower of unamortized cost or estimated fair value on an individual motion picture or television series basis. Revenue forecasts for both motion pictures and television series are continually reviewed by management and revised when warranted by changing conditions. When estimates of total revenues and other events or changes in circumstances indicate that a motion picture or television series has a fair value that is less than its unamortized cost, a loss is recognized currently for the amount by which the unamortized cost exceeds the film or television series’ fair value. Programming Rights In accordance with ASC 920, “Entertainment—Broadcasters,” costs incurred in acquiring program rights or producing programs for the Cable Network Programming, Television and Direct Broadcast Satellite Television segments, including advances, are capitalized and amortized over the license period or projected useful life of the programming. Program rights and the related liabilities are recorded at the gross amount of the liabilities when the license period has begun, the cost of the program is determinable and the program is accepted and available for airing. Television broadcast network programming and original cable programming are amortized on an accelerated basis. The Company has single and multi-year contracts for broadcast rights of programs and sporting events. The Company evaluates the recoverability of the unamortized costs associated therewith, using total estimated advertising and other revenues attributable to the program material and considering the Company’s expectations of the programming usefulness of the program rights. The recoverability of sports rights contracts for content broadcast on the national sports channels is assessed on an aggregate basis. Where an evaluation indicates that these multi-year contracts will result in an asset that is not recoverable, additional amortization is provided. The costs of multi-year national sports contracts at FOX and the national sports channels are charged to expense and allocated to segments based on the ratio of each current period’s attributable revenue for each contract to the estimated total remaining attributable revenue for each contract. Estimates can change and, accordingly, are reviewed periodically and amortization is adjusted as necessary. Such changes in the future could be material. The costs of local and regional sports contracts for a specified number of events are amortized on an event-by-event basis while costs for local and regional sports contracts for a specified season are amortized over the season on a straight-line basis.
Investments	Investments Investments in and advances to entities or joint ventures in which the Company has significant influence, but less than a controlling voting interest, are accounted for using the equity method. Significant influence is generally presumed to exist when the Company owns an interest between 20% and 50% and exercises significant influence. Under the equity method of accounting, the Company includes its investments and amounts due to and from its equity method investees in its Consolidated Balance Sheets. The Company’s Consolidated Statements of Operations include the Company’s share of the investees’ earnings (losses) and the Company’s Consolidated Statements of Cash Flows include all cash received from or paid to the investees. The difference between the Company’s investment and its share of the fair value of the underlying net assets of the investee is first allocated to either finite-lived intangibles or indefinite-lived intangibles and the balance is attributed to goodwill. The Company follows ASC 350, “Intangibles—Goodwill and Other” (“ASC 350”), which requires that equity method finite-lived intangibles be amortized over their estimated useful life while indefinite-lived intangibles and goodwill are not amortized. Investments in which the Company has no significant influence (generally less than a 20% ownership interest) are designated as available-for-sale investments if readily determinable market values are available. If an investment’s fair value is not readily determinable, the Company accounts for its investment at cost. The Company reports available-for-sale investments at fair value based on quoted market prices. Unrealized gains and losses on available-for-sale investments are included in Accumulated other comprehensive loss, net of applicable taxes and other adjustments until the investment is sold or considered impaired.
Property, Plant and Equipment	Property, plant and equipment Property, plant and equipment are stated at cost. Depreciation is provided using the straight-line method over an estimated useful life of 3 to 40 years. Leasehold improvements are amortized using the straight-line method over the shorter of their useful lives or the life of the lease. Costs associated with the repair and maintenance of property are expensed as incurred. Changes in circumstances, such as technological advances, or changes to the Company’s business model or capital strategy, could result in the actual useful lives differing from the Company’s estimates. In those cases where the Company determines that the useful life of buildings and equipment should be shortened, the Company would depreciate the asset over its revised remaining useful life, thereby increasing depreciation expense.
Goodwill and Intangible Assets	Goodwill and Intangible assets The Company’s intangible assets include goodwill, film and television libraries, Federal Communications Commission (“FCC”) licenses, multi-channel video programming distributor (“MVPD”) affiliate agreements and relationships and trademarks and other copyrighted products. Intangible assets acquired in business combinations are recorded at their estimated fair value at the date of acquisition. Goodwill is recorded as the difference between the consideration paid to acquire entities and the estimated fair values assigned to their tangible and identifiable intangible net assets. In accordance with ASC 350, the Company’s goodwill and indefinite-lived intangible assets, which primarily consist of FCC licenses, are tested annually for impairment or earlier if events occur or circumstances change that would more likely than not reduce the fair value below its carrying amount. Intangible assets with finite lives are generally amortized over their estimated useful lives. The impairment assessment of indefinite-lived intangibles compares the fair value of the assets to their carrying value. The Company’s goodwill impairment reviews are determined using a two-step process. The first step of the process is to compare the fair value of a reporting unit with its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, the goodwill of the reporting unit is not impaired and the second step of the impairment review is not necessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment review is required to be performed to estimate the implied fair value of the reporting unit’s goodwill. The implied fair value of the reporting unit’s goodwill is compared with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. When a business within a reporting unit is disposed of, goodwill is allocated to the disposed business using the relative fair value method.
Asset Impairments	Asset impairments Investments Equity method investments are reviewed for impairment by comparing their fair value to their respective carrying amounts. The Company determines the fair value of its public company investments by reference to their publicly traded stock prices. With respect to private company investments, the Company makes its estimate of fair value by considering other available information, including recent investee equity transactions, discounted cash flow analyses, estimates based on comparable public company operating multiples and, in certain situations, balance sheet liquidation values. If the fair value of the investment has dropped below the carrying amount, management considers several factors when determining whether an other-than-temporary decline in market value has occurred, including the length of the time and extent to which the market value has been below cost, the financial condition and near-term prospects of the issuer, the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in market value and other factors influencing the fair market value, such as general market conditions. The Company regularly reviews available-for-sale investment securities for other-than-temporary impairment based on criteria that include the extent to which the investment’s carrying value exceeds its related market value, the duration of the market decline, the Company’s ability to hold until recovery and the financial strength and specific prospects of the issuer of the security. The Company regularly reviews investments accounted for at cost for other-than-temporary impairment based on criteria that include the extent to which the investment’s carrying value exceeds its related estimated fair value, the duration of the estimated fair value decline, the Company’s ability to hold until recovery and the financial strength and specific prospects of the issuer of the security. Long-lived assets ASC 360, “Property, Plant, and Equipment,” and ASC 350 require that the Company periodically review the carrying amounts of its long-lived assets, including property, plant and equipment and finite-lived intangible assets, to determine whether current events or circumstances indicate that such carrying amounts may not be recoverable. If the carrying amount of the asset is greater than the expected undiscounted cash flows to be generated by such asset, an impairment adjustment is recognized if the carrying value of such asset exceeds its fair value. The Company generally measures fair value by considering sale prices for similar assets or by discounting estimated future cash flows using an appropriate discount rate. Considerable management judgment is necessary to estimate the fair value of assets; accordingly, actual results could vary significantly from such estimates. Assets to be disposed of are carried at the lower of their financial statement carrying amount or fair value less their costs to sell.
Guarantees	Guarantees The Company follows ASC 460, “Guarantees” (“ASC 460”). ASC 460 requires a guarantor to recognize, at the inception of a guarantee, a liability for the fair value of the obligation undertaken in issuing certain guarantees. Subsequently, the initial liability recognized for the guarantee is generally reduced as the Company is released from the risk under the guarantee. The Company periodically reviews the facts and circumstances pertaining to its guarantees in determining the level of related risk.
Revenue Recognition	Revenue recognition Revenue is recognized when persuasive evidence of an arrangement exists, the fees are fixed or determinable, the product or service has been delivered and collectability is reasonably assured. The Company considers the terms of each arrangement to determine the appropriate accounting treatment. Cable Network Programming, Television and Direct Broadcast Satellite Television Advertising revenue is recognized as the commercials are aired, net of agency commissions. Subscriber fees received from MVPDs for Cable Network Programming and Television are recognized as affiliate fee revenue in the period services are provided. Direct Broadcast Satellite Television subscription and pay-per-view revenues are recognized when programming is broadcast to subscribers, while fees for equipment rental are recognized as revenue on a straight-line basis over the contract period. The Company classifies the amortization of cable distribution investments (capitalized fees paid to MVPDs to facilitate carriage of a cable network) against affiliate fee revenue in accordance with ASC 605-50, “Revenue Recognition—Customer Payments and Incentives.” The Company defers the cable distribution investments and amortizes the amounts on a straight-line basis over the contract period. Filmed Entertainment Revenues from the distribution of motion pictures and television series are recognized in accordance with ASC 926. Revenues from the theatrical distribution of motion pictures are recognized as they are exhibited, and revenues from home entertainment sales, net of a reserve for estimated returns, are recognized on the date that DVD and Blu-ray units are made widely available for sale by retailers or when made available for viewing via digital distribution platforms and all Company-imposed restrictions on the sale or availability have expired. Revenues from television distribution are recognized when the motion picture or television series is made available to the licensee for broadcast. License agreements for the broadcast of motion pictures and television series in the broadcast network, syndicated television and cable television markets are routinely entered into in advance of their available date for broadcast. Cash received and amounts billed in connection with such contractual rights for which revenue is not yet recognizable is classified as deferred revenue. Because deferred revenue generally relates to contracts for the licensing of motion pictures and television series which have already been produced, the recognition of revenue for such completed product is principally only dependent upon the commencement of the availability period for broadcast under the terms of the related licensing agreement. The Company earns and recognizes revenues as a distributor on behalf of third parties. In such cases, determining whether revenue should be reported on a gross or net basis is based on management’s assessment of whether the Company acts as the principal or agent in the transaction. To the extent the Company acts as the principal in a transaction, revenues are reported on a gross basis. Determining whether the Company acts as principal or agent in a transaction involves judgment and is based on an evaluation of whether the Company has the substantial risks and rewards of ownership under the terms of an arrangement.
Film Production Financing	Film production financing The Company enters into arrangements with third parties to co-produce certain of its theatrical productions. These arrangements, which are referred to as co-financing arrangements, take various forms. The parties to these arrangements include studio and non-studio entities both domestic and international. In several of these agreements, other parties control certain distribution rights. The Company records the amounts received for the sale of an economic interest as a reduction of the cost of the film, as the investor assumes full risk for that portion of the film asset acquired in these transactions. The substance of these arrangements is that the third-party investors own an interest in the film and, therefore, receive a participation based on the third-party investors’ contractual interest in the profits or losses incurred on the film. Consistent with the requirements of ASC 926, the estimate of the third-party investor’s interest in profits or losses on the film is based on total estimated ultimate revenues.
Director Broadcast Satellite Television Programming Expense and Subscriber Acquisition Costs	Direct Broadcast Satellite Television programming expense and subscriber acquisition costs Programming expenses of the Direct Broadcast Satellite Television segment are the fees paid to vendors to license the programming distributed to customers. These programming expenses are recognized at the time the Company distributes the related programming. Contracts with vendors are generally multi-year agreements that provide for the Company to make payments at agreed upon rates based on the number of subscribers. Subscriber acquisition costs in the Direct Broadcast Satellite Television segment primarily consist of amounts paid for third-party customer acquisitions, which consist of the cost of commissions paid to authorized retailers and dealers for subscribers added through their respective distribution channels and the cost of hardware and installation subsidies for subscribers. All costs, including hardware, installation and commissions, are expensed upon activation. However, where legal ownership is retained in the equipment, the cost of the equipment is capitalized and depreciated over the useful life. Additional components of subscriber acquisition costs include the cost of print, radio and television advertising, which are expensed as incurred.
Advertising Expenses	Advertising expenses The Company expenses advertising costs as incurred, including advertising expenses for theatrical and television productions in accordance with ASC 720-35, “Other Expenses—Advertising Cost.” Advertising expenses recognized totaled $2.6 billion, $2.9 billion and $2.2 billion for fiscal 2015, 2014 and 2013, respectively.
Translation of Foreign Currencies	Translation of foreign currencies Foreign subsidiaries and affiliates are translated into U.S. dollars using the current rate method, whereby trading results are converted at the average rate of exchange for the period and assets and liabilities are converted at the closing rates on the period end date. The resulting translation adjustments are accumulated as a component of Accumulated other comprehensive loss. Gains and losses from foreign currency transactions are included in income for the period.
Income Taxes	Income taxes The Company accounts for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires an asset and liability approach for financial accounting and reporting for income taxes. Under the asset and liability approach, deferred taxes are provided for the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Valuation allowances are established where management determines that it is more likely than not that some portion or all of a deferred tax asset will not be realized. Deferred taxes have not been provided on the cumulative undistributed earnings of foreign subsidiaries to the extent amounts are reinvested indefinitely.
Earnings Per Share	Earnings per share Basic earnings per share for the Class A common stock, par value $0.01 per share (“Class A Common Stock”), and Class B common stock, par value $0.01 per share (“Class B Common Stock”) is calculated by dividing Net income attributable to Twenty-First Century Fox stockholders by the weighted average number of outstanding shares of Class A Common Stock and Class B Common Stock. Diluted earnings per share for Class A Common Stock and Class B Common Stock is calculated similarly, except that the calculation for Class A Common Stock includes the dilutive effect of the assumed issuance of shares issuable under the Company’s equity-based compensation plans.
Equity-Based Compensation	Equity-based compensation The Company accounts for share-based payments in accordance with ASC 718, “Compensation—Stock Compensation” (“ASC 718”). ASC 718 requires that the cost resulting from all share-based payment transactions be recognized in the Consolidated Financial Statements. ASC 718 establishes fair value as the measurement objective in accounting for share-based payment arrangements and requires all companies to apply a fair-value-based measurement method in accounting for generally all share-based payment transactions with employees (See Note 13 – Equity-Based Compensation).
Financial Instruments and Derivatives	Financial instruments and derivatives The carrying value of the Company’s financial instruments, such as cash and cash equivalents, receivables, payables and cost method investments, approximate fair value. The fair value of financial instruments is generally determined by reference to market values resulting from trading on a national securities exchange or in an over-the-counter market. The Company uses derivative financial instruments to hedge its exposures to foreign currency exchange rate and interest rate risks. All derivative financial instruments used as hedges are recorded at fair value on the Consolidated Balance Sheets (See Note 8 – Fair Value). The effective changes in fair values of derivatives designated as cash flow and net investment hedges are recorded in accumulated other comprehensive loss and included in foreign currency translation adjustments. The effective changes in the fair values of derivatives designated as cash flow hedges are reclassified from accumulated other comprehensive loss to net income when the underlying hedged item is recognized in earnings. Cash flows from the settlement of derivative contracts designated as cash flow hedges offset cash flows from the underlying hedged items and are included in operating activities in the Consolidated Statements of Cash Flows. The effective changes in the fair values of derivatives designated as net investment hedges are reclassified from accumulated other comprehensive loss to net income when the related foreign subsidiaries or equity method investments are sold. The related cash flows are reported in Proceeds from dispositions, net within Net cash provided by (used in) investing activities from continuing operations in the Consolidated Statements of Cash Flows (See Note 3 – Acquisitions, Disposals and Other Transactions). Derivative instruments embedded in other contracts, such as convertible debt securities and exchangeable securities, are separated into their host and derivative financial instrument components. The derivative component is recorded at its estimated fair value in the Consolidated Balance Sheets with changes in estimated fair value recorded in Other, net in the Consolidated Statements of Operations.
Concentrations of Credit Risk	Concentrations of credit risk Cash and cash equivalents are maintained with several financial institutions. The Company has deposits held with banks that exceed the amount of insurance provided on such deposits. Generally, these deposits may be redeemed upon demand and are maintained with financial institutions of reputable credit and, therefore, bear minimal credit risk. The Company’s receivables did not represent significant concentrations of credit risk as of June 30, 2015 or 2014 due to the wide variety of customers, markets and geographic areas to which the Company’s products and services are sold. The Company monitors its positions with, and the credit quality of, the financial institutions which are counterparties to its financial instruments. The Company is exposed to credit loss in the event of nonperformance by the counterparties to the agreements. As of June 30, 2015, the Company did not anticipate nonperformance by any of the counterparties.
Recently Adopted and Recently Issued Accounting Guidance	Recently Adopted and Recently Issued Accounting Guidance Adopted In March 2013, the FASB issued Accounting Standards Update (“ASU”) 2013-05, “Foreign Currency Matters (Topic 830): Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity” (“ASU 2013-05”). The objective of ASU 2013-05 is to resolve the diversity in practice regarding the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets or a business within a foreign entity. ASU 2013-05 was effective for the Company for interim reporting periods beginning July 1, 2014. The Company’s adoption of ASU 2013-05 did not have a material effect on the Company’s Consolidated Financial Statements. Issued In April 2014, the FASB issued ASU 2014-08, “Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360)” (“ASU 2014-08”). The amendments in ASU 2014-08 provide guidance for the recognition of discontinued operations, change the requirements for reporting discontinued operations in ASC 205-20, “Discontinued Operations” (“ASC 205-20”) and require additional disclosures about discontinued operations. ASU 2014-08 is effective on a prospective basis for the Company for interim reporting periods beginning July 1, 2015. Certain disposals that occurred in the past were not reported as discontinued operations as they did not meet the criteria under current accounting guidance. Such disposals would have met the criteria to be reported as discontinued operations in accordance with ASU 2014-08 (See Note 3 – Acquisitions, Disposals and Other Transactions). In May 2014, the FASB issued ASU 2014-09, “Revenue from Contracts from Customers (Topic 606)” (“ASU 2014-09”). The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 is effective for the Company for interim reporting periods beginning July 1, 2018. Early adoption is permitted from July 1, 2017. The Company is currently evaluating the impact ASU 2014-09 will have on its Consolidated Financial Statements. In June 2014, the FASB issued ASU 2014-12, “Compensation––Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide that a Performance Target Could be Achieved after the Requisite Service Period” (“ASU 2014-12”). The amendments in ASU 2014-12 require that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. ASU 2014-12 is effective for the Company for interim reporting periods beginning July 1, 2016. The Company does not expect the adoption of ASU 2014-12 to have a significant impact on its Consolidated Financial Statements. In April 2015, the FASB issued ASU 2015-03, “Interest––Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (“ASU 2015-03”). To simplify the presentation of debt issuance costs, ASU 2015-03 requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability. ASU 2015-03 requires retrospective adoption and is effective for the Company for the interim reporting periods beginning July 1, 2016. The Company does not expect the adoption of ASU 2015-03 to have a significant impact on its Consolidated Financial Statements. In April 2015, the FASB issued ASU 2015-05, “Intangibles––Goodwill and Other-Internal Use Software (Subtopic 350-40): Customer's Accounting for Fees Paid in a Cloud Computing Arrangement” (“ASU 2015-05”). ASU 2015-05 provides guidance on whether a cloud computing arrangement includes a software license and its accounting. ASU 2015-05 is effective for the Company for interim reporting periods beginning July 1, 2016. The Company is currently evaluating the impact ASU 2015-05 will have on its Consolidated Financial Statements. In May 2015, the FASB issued ASU 2015-07, “Fair Value Measurements (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)” (“ASU 2015-07”). ASU 2015-07 removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the net asset value per share practical expedient. ASU 2015-07 also removes the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. ASU 2015-07 requires retrospective adoption and is effective for the Company for the interim reporting periods beginning July 1, 2016. The Company is currently evaluating the impact ASU 2015-07 will have on its Consolidated Financial Statements.
Annual Impairment Review	Annual Impairment Review Goodwill The Company’s goodwill impairment reviews are determined using a two-step process. The first step of the process is to compare the fair value of a reporting unit with its carrying amount, including goodwill. In performing the first step, the Company determines the fair value of a reporting unit by primarily using a discounted cash flow analysis and market-based valuation approach methodologies. Determining fair value requires the exercise of significant judgments, including judgments about appropriate discount rates, long-term growth rates, relevant comparable company earnings multiples and the amount and timing of expected future cash flows. The cash flows employed in the analyses are based on the Company’s estimated outlook and various growth rates have been assumed for years beyond the long-term business plan period. Discount rate assumptions are based on an assessment of the risk inherent in the future cash flows of the respective reporting units. In assessing the reasonableness of its determined fair values, the Company evaluates its results against other value indicators, such as comparable public company trading values. If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is not impaired and the second step of the impairment review is not necessary. If the carrying amount of a reporting unit exceeds its fair value, the second step of the goodwill impairment review is required to be performed to estimate the implied fair value of the reporting unit’s goodwill. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. That is, the estimated fair value of the reporting unit is allocated to all of the assets and liabilities of that unit (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination and the estimated fair value of the reporting unit was the purchase price paid. The implied fair value of the reporting unit’s goodwill is compared with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. FCC licenses The Company performs impairment reviews consisting of a comparison of the estimated fair value of the Company’s FCC licenses with their carrying amount on a station-by-station basis using a discounted cash flow valuation method, assuming a hypothetical start-up scenario for a broadcast station in each of the markets the Company operates in. The significant assumptions used are the discount rate and terminal growth rates and operating margins, as well as industry data on future advertising revenues in the markets where the Company owns television stations. These assumptions are based on actual historical performance and estimates of future performance in each market.

Summary of Significant Accoun34

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Receivables, Net	Receivables, net consist of: As of June 30, 2015 2014 (in millions) Total receivables $ 6,812 $ 7,737 Allowances for returns and doubtful accounts (506 ) (815 ) Total receivables, net 6,306 6,922 Less: current receivables, net (5,912 ) (6,468 ) Non-current receivables, net $ 394 $ 454

Acquisitions, Disposals and O35

Acquisitions, Disposals and Other Transactions (Tables)	12 Months Ended
	Jun. 30, 2015
Sky Italia And Sky Deutschland
Summarized Financial Information	The following table presents a summary of the assets and liabilities of Sky Italia and Sky Deutschland: As of November 12, 2014 As of June 30, 2014 (in millions) Total current assets $ 1,563 $ 1,200 Total non-current assets 7,193 7,944 Total assets $ 8,756 $ 9,144 Total current liabilities $ 1,885 $ 1,801 Total non-current liabilities 674 635 Total liabilities $ 2,559 $ 2,436

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Jun. 30, 2015
Discontinued Operations And Disposal Groups [Abstract]
Revenues and (Loss) Income from Discontinued Operations	Revenues and (Loss) income from discontinued operations related to News Corp were as follows: For the years ended June 30, 2015 2014 2013 (in millions) Revenues $ - $ - $ 8,891 (Loss) income before income tax (expense) benefit $ (33 ) $ 698 $ 240 Income tax (expense) benefit $ (34 ) $ 31 $ 365 (Loss) income, net of tax $ (67 ) $ 729 (a) $ 277 (a)
Cash Flows from Discontinued Operations	Cash flows from discontinued operations related to News Corp were as follows: For the years ended June 30, 2015 2014 2013 (in millions) Net cash (used in) provided by operating activities $ (49 ) $ 571 $ 506 Net cash used in investing activities - - (1,674 ) Net cash used in financing activities - - (263 ) Net (decrease) increase in cash and cash equivalents $ (49 ) $ 571 $ (1,431 )

Restructuring Programs (Tables)

Restructuring Programs (Tables)	12 Months Ended
	Jun. 30, 2015
Restructuring And Related Activities [Abstract]
Schedule of Changes in Program Liabilities	Changes in the program liabilities were as follows: One time termination benefits Facility costs and license fees Total continuing operations Discontinued operations Total (in millions) Balance, June 30, 2012 $ (13 ) $ (177 ) $ (190 ) $ (59 ) $ (249 ) Additions (3 ) (10 ) (13 ) - (13 ) Payments 12 29 41 - 41 Separation of News Corp - - - 59 59 Balance, June 30, 2013 $ (4 ) $ (158 ) $ (162 ) $ - $ (162 ) Additions (3 ) (89 ) (92 ) - (92 ) Payments 5 72 77 - 77 Other (a) - 40 40 - 40 Balance, June 30, 2014 $ (2 ) $ (135 ) $ (137 ) $ - $ (137 ) Additions (48 ) (461 ) (509 ) - (509 ) Payments 36 60 96 - 96 Dispositions and other 1 20 21 - 21 Balance, June 30, 2015 $ (13 ) $ (516 ) $ (529 ) $ - $ (529 ) (a)

Inventories, Net (Tables)

Inventories, Net (Tables)	12 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventories	The Company’s inventories were comprised of the following: As of June 30, 2015 2014 (in millions) Programming rights $ 5,496 $ 5,812 DVDs, Blu-rays and other merchandise 67 81 Filmed entertainment costs: Films: Released 1,094 1,025 Completed, not released 27 317 In production 1,170 819 In development or preproduction 185 151 2,476 2,312 Television productions: Released 868 862 In production 252 463 In development or preproduction 1 4 1,121 1,329 Total filmed entertainment costs, less accumulated amortization (a) 3,597 3,641 Total inventories, net 9,160 9,534 Less: current portion of inventories, net (b) (2,749 ) (3,092 ) Total non-current inventories, net $ 6,411 $ 6,442 (a) (b)

Investments (Tables)

Investments (Tables)	12 Months Ended
	Jun. 30, 2015
Investments [Abstract]
Schedule of Investments	The Company’s investments were comprised of the following: Ownership percentage as of June 30, As of June 30, 2015 2015 2014 (in millions) Sky (a)(c) European DBS operator 39% $ 3,382 $ 2,359 Endemol Shine Group (b)(c) 50% 706 - Other investments various 441 500 Total investments $ 4,529 $ 2,859 (a) The Company’s investment in Sky had a market value of $11 billion as of June 30, 2015 and was valued using the quoted market price on the London Stock Exchange (a Level 1 measurement as defined in Note 8 – Fair Value). For fiscal 2015 and 2014, the Company received dividends from Sky of approximately $335 million and $317 million, respectively. (b) See Note 3 – Acquisitions, Disposals and Other Transactions. (c) Equity method investment.
Schedule of Earnings (Losses) of Equity Affiliates	The Company’s share of the earnings of its equity affiliates was as follows: For the years ended June 30, 2015 2014 2013 (in millions) Sky $ 1,139 $ 619 $ 902 Other equity affiliates (235 ) 3 (247 ) Total equity earnings of affiliates $ 904 $ 622 $ 655
Schedule of Summarized Financial Information	Summarized financial information for a significant equity affiliate, determined in accordance with Regulation S-X of the Securities and Exchange Act of 1934, as amended, accounted for under the equity method was as follows: For the years ended June 30, 2015 2014 2013 (in millions) Revenues $ 15,962 $ 12,402 $ 11,342 Operating income 1,527 1,887 2,024 Income from continuing operations 2,899 1,332 1,535 Net income 2,899 1,332 1,535 As of June 30, 2015 2014 (in millions) Current assets $ 7,160 $ 4,401 Non-current assets 18,337 7,679 Current liabilities 6,922 4,309 Non-current liabilities 12,401 4,889

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Jun. 30, 2015
Fair Value of Financial Assets (Liabilities) and the Level Used to Measure Them	The tables below present information about financial assets and liabilities carried at fair value on a recurring basis: Fair value measurements As of June 30, 2015 Description Total Quoted prices in active markets for identical instruments (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (in millions) Assets Investments (a) $ 18 $ 18 $ - $ - Derivatives (b) 4 - 4 - Liabilities Derivatives (b) (34 ) - (34 ) - Contingent consideration (114 ) - - (114 ) Redeemable noncontrolling interests (621 ) - - (621 ) Total $ (747 ) $ 18 $ (30 ) $ (735 ) As of June 30, 2014 Description Total Quoted prices in active markets for identical instruments (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) (in millions) Assets Investments (a) $ 124 $ 124 $ - $ - Liabilities Derivatives (b) (10 ) - (10 ) - Contingent consideration (134 ) - - (134 ) Redeemable noncontrolling interests (541 ) - - (541 ) Total $ (561 ) $ 124 $ (10 ) $ (675 ) (a) Available-for-sale securities. Bona was the significant available-for-sale security as of June 30, 2014 (See Note 7 – Investments). (b)
Changes in Fair Value of Financial Liabilities on a Recurring Basis Using Level 3	The changes in redeemable noncontrolling interests classified as Level 3 measurements were as follows: For the years ended June 30, 2015 2014 2013 (in millions) Beginning of year $ (541 ) $ (519 ) $ (641 ) Net income attributable to redeemable noncontrolling interests (109 ) (95 ) (93 ) Issuance of redeemable noncontrolling interests (75 ) - - Distributions and other (a) 104 73 215 End of year $ (621 ) $ (541 ) $ (519 ) (a)
Schedule of Fair Value and Carrying Value of Borrowings	The carrying value of the Company’s financial instruments, such as cash and cash equivalents, receivables, payables and cost method investments, approximates fair value. Borrowings As of June 30, 2015 2014 (in millions) Fair value of borrowings $ 21,998 $ 22,692 Carrying value of borrowings $ 19,039 $ 19,058 Fair value is generally determined by reference to market values resulting from trading on a national securities exchange or in an over-the-counter market (a Level 1 measurement).
Changes in Fair Value of Derivatives Designated as Cash Flow Hedges and Other Derivatives	The following table shows the changes in fair value of the Company’s derivatives: For the years ended June 30, 2015 2014 (in millions) Beginning of year $ (10 ) $ 3 Changes in fair value recorded in accumulated other comprehensive loss, net of settlements (a) 92 (24 ) Reclassified (gains) losses from accumulated other comprehensive loss to net income (a) (112 ) 14 Other - (3 ) End of year $ (30 ) $ (10 ) (a)
Foreign Currency Forward Contracts
Schedule of Financial Instruments Used to Hedge Certain Exposures	The Company uses foreign currency forward contracts primarily to hedge certain exposures to foreign currency exchange rate risks associated with revenues, the cost of producing or acquiring films and television programming as well as its investment in certain foreign operations and equity method investments. The Company’s foreign currency forward contracts, which are primarily denominated in Euros and Pound Sterling, are valued using an income approach. As of June 30, 2015 2014 (in millions) Cash flow hedges Notional amount of foreign currency forward contracts $ 903 $ 393 Fair value of foreign currency forward contracts $ (13 ) $ (3 ) The increase in the balance of foreign currency forward contracts designated as cash flow hedges is due to the increase in hedging activity primarily in response to the appreciation of the U.S. dollar in relation to several foreign currencies. For foreign currency forward contracts designated as cash flow hedges, the Company expects to reclassify the cumulative changes in fair values, included in Accumulated other comprehensive loss, within the next 3 years. As of June 30, 2015 2014 (in millions) Net investment hedges Notional amount of foreign currency forward contracts $ 198 $ - Fair value of foreign currency forward contracts $ (13 ) $ - The increase in the net investment hedges balance as of June 30, 2015 is primarily due to the Company’s use of foreign currency forward contracts to hedge a portion of the carrying value of the Company’s investment in an equity method investee. As of June 30, 2015 2014 (in millions) Economic hedges Notional amount of foreign currency forward contracts $ - $ 305 Fair value of foreign currency forward contracts $ - $ (1 ) The economic hedges entered into by the Company as of June 30, 2014 primarily related to the foreign currency forward contracts of the DBS segment, which was sold in November 2014 (See Note 3 – Acquisitions, Disposals and Other Transactions).
Interest Rate Swap Contracts
Schedule of Financial Instruments Used to Hedge Certain Exposures	The Company uses financial instruments to hedge certain exposures to interest rate risks associated with certain borrowings. The Company’s interest rate swap contracts are valued using an income approach. As of June 30, 2015 2014 (in millions) Cash flow hedges Notional amount of interest rate swap contracts $ 723 $ 308 Fair value of interest rate swap contracts $ (4 ) $ (6 ) For interest rate swap contracts designated as cash flow hedges, the Company expects to reclassify the cumulative changes in fair values, included in Accumulated other comprehensive loss, within the next 5 years. As of June 30, 2015 2014 (in millions) Economic hedges Notional amount of interest rate swap contracts $ 255 $ 270 Fair value of interest rate swap contracts $ - $ -
Contingent Consideration
Changes in Fair Value of Financial Liabilities on a Recurring Basis Using Level 3	The changes in contingent consideration classified as Level 3 measurements were as follows: For the years ended June 30, 2015 2014 (in millions) Beginning of year $ (134 ) $ (84 ) Payments 39 1 Measurement adjustments and foreign exchange movements (19 ) (51 ) End of year $ (114 ) $ (134 )

Property, Plant and Equipment41

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Jun. 30, 2015
Property Plant And Equipment [Abstract]
Property, Plant and Equipment, Net	As of June 30, Useful lives 2015 2014 (in millions) Land $ 142 $ 142 Buildings and leaseholds 3 to 40 years 1,317 1,373 Machinery and equipment 3 to 15 years 2,620 6,571 4,079 8,086 Less: accumulated depreciation and amortization (2,466 ) (5,300 ) 1,613 2,786 Construction in progress 109 145 Total property, plant and equipment, net $ 1,722 $ 2,931

Goodwill and Intangible Asset42

Goodwill and Intangible Assets, Net (Tables)	12 Months Ended
	Jun. 30, 2015
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Changes in Carrying Values of Intangible Assets and Related Accumulated Amortization	The changes in the carrying values of the Company’s intangible assets and related accumulated amortization were as follows: Intangible assets not subject to amortization Amortizable intangible assets, net FCC licenses Other Total MVPD affiliate agreements and relationships (a) Other intangible assets, net (b) Total Total intangible assets, net (in millions) Balance, June 30, 2014 $ 2,398 $ 1,463 $ 3,861 $ 2,082 $ 2,129 $ 4,211 $ 8,072 Acquisitions (c) 104 2 106 - 99 99 205 Dispositions (c) (94 ) (224 ) (318 ) - (1,138 ) (1,138 ) (1,456 ) Amortization - - - (134 ) (169 ) (303 ) (303 ) Foreign exchange movements and Other - (28 ) (28 ) - (170 ) (170 ) (198 ) Balance, June 30, 2015 $ 2,408 $ 1,213 $ 3,621 $ 1,948 $ 751 $ 2,699 $ 6,320 (a) (b) (c) See Note 3 – Acquisitions, Disposals and Other Transactions.
Schedule of Estimated Amortization Expenses	Based on the current balance of finite-lived intangible assets, the estimated amortization expense for each of the succeeding five fiscal years is as follows: For the years ended June 30, 2016 2017 2018 2019 2020 (in millions) Estimated amortization expense (a) $ 235 $ 228 $ 224 $ 221 $ 213 (a)
Schedule of Changes in the Carrying Value of Goodwill	The changes in the carrying value of goodwill, by segment, are as follows: Cable Network Programming Television Filmed Entertainment Direct Broadcast Satellite Television Other, Corporate and Eliminations Total Goodwill (in millions) Balance, June 30, 2013 $ 7,753 $ 1,882 $ 1,537 $ 6,052 $ 31 $ 17,255 Acquisitions 1,620 - - - - 1,620 Foreign exchange movements 19 - 57 281 - 357 Adjustments 159 - - (1,339 ) - (1,180 ) Balance, June 30, 2014 $ 9,551 $ 1,882 $ 1,594 $ 4,994 $ 31 $ 18,052 Acquisitions 87 5 - - - 92 Dispositions - (55 ) (471 ) (4,548 ) - (5,074 ) Foreign exchange movements and Other (38 ) - (42 ) (446 ) (31 ) (557 ) Balance, June 30, 2015 $ 9,600 $ 1,832 $ 1,081 $ - $ - $ 12,513

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Borrowings	Weighted average interest rate Outstanding as of June 30, Description as of June 30, 2015 Due date 2015 2014 (in millions) Bank loans $ 1,560 $ 1,434 Public debt - Predecessor indentures 7.14% 2015 - 2096 10,779 11,529 - Senior notes issued under August 2009 indenture 4.95% 2020 - 2044 6,700 5,500 Total public debt 17,479 17,029 Other borrowings - 595 Total borrowings (a) 19,039 19,058 Less: current portion (244 ) (799 ) Long-term borrowings $ 18,795 $ 18,259 (a)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	12 Months Ended
	Jun. 30, 2015
Schedule of Dividends Declared and Paid	The following table summarizes the dividends declared and paid per share on both the Company’s Class A Common Stock and the Class B Common Stock: For the years ended June 30, 2015 2014 2013 Cash dividend paid per share $ 0.275 $ 0.250 $ 0.170
Schedule of Comprehensive (Loss) Income	The following tables summarize the activity within Other comprehensive (loss) income: For the year ended June 30, 2015 Before tax Tax (provision) benefit Net of tax (in millions) Foreign currency translation adjustments Unrealized losses $ (1,740 ) $ 289 $ (1,451 ) Amount reclassified on hedging activity (a) (112 ) 4 (108 ) Amount reclassified on dispositions (b) (253 ) - (253 ) Other comprehensive loss (c) $ (2,105 ) $ 293 $ (1,812 ) Gains and losses on securities Unrealized gains $ 235 $ (82 ) $ 153 Amount reclassified on sale of securities (b) (325 ) 114 (211 ) Other comprehensive loss $ (90 ) $ 32 $ (58 ) Benefit plan adjustments Unrealized losses $ (102 ) $ 38 $ (64 ) Reclassification adjustments realized in net income (d) 285 (101 ) 184 Other comprehensive income $ 183 $ (63 ) $ 120 For the year ended June 30, 2014 Before tax Tax (provision) benefit Net of tax (in millions) Foreign currency translation adjustments Unrealized gains $ 664 $ (74 ) $ 590 Amount reclassified on hedging activity (a) 14 (6 ) 8 Other comprehensive income (c) $ 678 $ (80 ) $ 598 Gains and losses on securities Unrealized gains $ 71 $ (25 ) $ 46 Amount reclassified on sale of Phoenix (b) (200 ) 70 (130 ) Other comprehensive loss $ (129 ) $ 45 $ (84 ) Benefit plan adjustments Unrealized losses $ (210 ) $ 75 $ (135 ) Reclassification adjustments realized in net income (d) 45 (17 ) 28 Other comprehensive loss $ (165 ) $ 58 $ (107 ) For the year ended June 30, 2013 Before tax Tax (provision) benefit Net of tax (in millions) Foreign currency translation adjustments Unrealized losses $ (877 ) $ 2 $ (875 ) Amount reclassified on hedging activity (a) (13 ) 4 (9 ) Amount reclassified on the sale of NDS (b) 10 - 10 Other comprehensive loss (c) $ (880 ) $ 6 $ (874 ) Losses on securities Unrealized losses $ (71 ) $ 26 $ (45 ) Other comprehensive loss $ (71 ) $ 26 $ (45 ) Benefit plan adjustments Unrealized gains $ 374 $ (138 ) $ 236 Reclassification adjustments realized in net income (d) 103 (36 ) 67 Other comprehensive income $ 477 $ (174 ) $ 303 (a) (b) (c) (d)
Components of Accumulated Other Comprehensive Loss	The following table summarizes the components of Accumulated other comprehensive loss, net of tax: For the years ended June 30, 2015 2014 2013 (in millions) Foreign currency translation adjustments $ (1,168 ) $ 430 $ (46 ) Unrealized holding gains on securities 9 67 151 Benefit plan adjustments (411 ) (531 ) (424 ) Accumulated other comprehensive loss, net of tax $ (1,570 ) $ (34 ) $ (319 )
Class A Common Stock
Summary of Repurchases of Class A Common Stock	The following table summarizes the Company’s repurchases of its Class A Common Stock: For the years ended June 30, 2015 2014 2013 (in millions) Total cost of repurchases $ 5,939 $ 3,772 $ 2,026 Total number of shares repurchased 172 115 81

Equity-Based Compensation (Tabl

Equity-Based Compensation (Tables)	12 Months Ended
	Jun. 30, 2015
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Restricted Stock Units and Target Performance Stock Units Settled in Stock	The following table summarizes the activity related to the Company’s target PSUs and RSUs to be settled in stock (PSUs and RSUs in thousands): Fiscal 2015 Fiscal 2014 Fiscal 2013 Number of shares Weighted average grant- date fair value Number of shares Weighted average grant- date fair value Number of shares Weighted average grant- date fair value PSUs and RSUs Unvested units at beginning of the year 16,182 $ 22.22 17,794 $ 16.19 18,197 $ 14.51 Granted 4,061 34.45 4,677 35.33 7,680 24.21 Vested (a) (6,812 ) 14.62 (5,680 ) 15.57 (6,208 ) 14.90 Cancelled (1,514 ) 24.44 (609 ) 18.89 (1,071 ) 15.59 Shares converted from cash-settled to stock-settled 2,107 31.52 - - - - Separation of News Corp - - - - (2,586 ) 20.34 Shares granted in conversion, as a result of the Separation - - - - 1,782 16.19 Unvested units at the end of the year (b) 14,024 $ 30.61 16,182 $ 22.22 17,794 $ 16.19 (a) (b)
Summary of Equity-Based Compensation	The following table summarizes the Company’s equity-based compensation: For the years ended June 30, 2015 2014 2013 (in millions) Equity-based compensation from continuing operations $ 93 $ 205 $ 241 Cash received from exercise of equity-based compensation $ - $ 35 $ 181 Total intrinsic value of stock options exercised (a) $ - $ 32 $ 73 (a)

Related Parties (Tables)

Related Parties (Tables)	12 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Schedule of Net Revenue from Related Parties	The following table sets forth the net revenue from related parties included in the Consolidated Statements of Operations: For the years ended June 30, 2015 2014 2013 (in millions) Related party revenue, net of expense $ 766 $ 546 $ 398
Schedule of Amounts Due to Or from Related Parties	The following table sets forth the amount of accounts receivable due from and payable to related parties outstanding on the Consolidated Balance Sheets: As of June 30, 2015 2014 (in millions) Accounts receivable from related parties $ 417 $ 223 Accounts payable to related parties (a) 185 165 (a)

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 30, 2015
Commitments And Contingencies Disclosure [Abstract]
Schedule of Commitments by Fiscal Year Maturity	The following table summarizes the Company’s material firm commitments as of June 30, 2015: As of June 30, 2015 Payments due by period Total 1 year 2 - 3 years 4 - 5 years After 5 years (in millions) Contracts for capital expenditure $ 12 $ 12 $ - $ - $ - Operating leases and service agreements Land and buildings 1,492 241 440 384 427 Other 484 98 159 101 126 Other commitments Borrowings 19,039 244 936 2,281 15,578 Sports programming rights 48,598 4,955 9,459 8,508 25,676 Entertainment programming rights 2,664 1,102 967 458 137 Other commitments and contractual obligations 3,152 669 1,395 354 734 Total commitments, borrowings and contractual obligations $ 75,441 $ 7,321 $ 13,356 $ 12,086 $ 42,678
Schedule of Contingent Guarantees	The timing of the amounts presented in the table below reflect when the maximum contingent guarantees will expire and does not indicate that the Company expects to incur an obligation to make payments during that time frame. Amount of guarantees expiration per period Contingent guarantees: Total 1 year 2 - 3 years 4 - 5 years After 5 years (in millions) Sports programming rights $ 1,095 $ 924 $ 163 $ - $ 8 Hulu indemnity 115 - 115 - - Letters of credit and other 53 50 - 2 1 Total contingent guarantees $ 1,263 $ 974 $ 278 $ 2 $ 9

Pension and Other Postretirem48

Pension and Other Postretirement Benefits (Tables)	12 Months Ended
	Jun. 30, 2015
Compensation And Retirement Disclosure [Abstract]
Schedule of Projected Benefit Obligation, Changes in Fair Value of Plan Assets and Funded Status	The following table sets forth the change in the projected benefit obligation, change in the fair value of plan assets and funded status for the Company’s benefit plans: Pension benefits Postretirement benefits As of June 30, 2015 2014 2015 2014 (in millions) Projected benefit obligation, beginning of the year $ 2,494 $ 2,095 $ 153 $ 146 Service cost 75 73 4 4 Interest cost 107 106 6 6 Benefits paid (52 ) (53 ) (8 ) (8 ) Settlements (a) (58 ) (39 ) - - Actuarial (gains) losses (b) (21 ) 289 2 5 Foreign exchange rate changes (16 ) 16 - - Annuitization of pension liabilities (c) (537 ) - - - Dispositions (44 ) - - - Other (10 ) 7 - - Projected benefit obligation, end of the year 1,938 2,494 157 153 Change in the fair value of plan assets for the Company’s benefit plans: Fair value of plan assets, beginning of the year 1,874 1,657 - - Actual return on plan assets (2 ) 197 - - Employer contributions 174 100 8 8 Benefits paid (52 ) (53 ) (8 ) (8 ) Settlements (a) (58 ) (39 ) - - Foreign exchange rate changes (9 ) 12 - - Annuitization of pension liabilities (c) (537 ) - - - Other (2 ) - - - Fair value of plan assets, end of the year 1,388 1,874 - - Funded status (d) $ (550 ) $ (620 ) $ (157 ) $ (153 ) (a) (b) (c) In the fourth quarter of fiscal 2015, the Company settled pension obligations through the purchase of a group annuity contract from an insurance company and through lump sum distributions. This purchase, funded with pension plan assets, resulted in a pre-tax settlement loss related to the recognition of accumulated deferred actuarial losses of $245 million which was included in Other, net in the Consolidated Statement of Operations for fiscal 2015. (d)
Schedule of Amounts Recognized in Balance Sheet	Amounts recognized in the Consolidated Balance Sheets consist of: Pension benefits Postretirement benefits As of June 30, 2015 2014 2015 2014 (in millions) Pension/postretirement assets $ - $ 34 $ - $ - Accrued pension/postretirement liabilities (550 ) (654 ) (157 ) (153 ) Net amount recognized $ (550 ) $ (620 ) $ (157 ) $ (153 )
Schedule of Amounts Recognized in Other Comprehensive Loss	Amounts recognized in Accumulated other comprehensive loss, before tax, consist of: Pension benefits Postretirement benefits As of June 30, 2015 2014 2015 2014 (in millions) Actuarial losses $ 609 $ 794 $ 43 $ 45 Prior service cost 6 7 - - Net amounts recognized $ 615 $ 801 $ 43 $ 45
Schedule of Amounts in Accumulated Other Comprehensive Loss to be Recognized over Next Fiscal Year	Amounts in Accumulated other comprehensive loss, before tax, expected to be recognized as a component of net periodic benefit costs in fiscal 2016: As of June 30, 2015 Pension benefits Postretirement benefits (in millions) Actuarial losses $ 31 $ 3 Prior service cost 1 - Net amounts expected to be recognized $ 32 $ 3
Schedule of Accumulated and Projected Benefit Obligations and Fair Value of Plan Assets for Funded and Unfunded Pension Plans	Information about funded and unfunded pension plans is presented below: Funded plans Unfunded plans As of June 30, 2015 2014 2015 2014 (in millions) Projected benefit obligation $ 1,647 $ 2,168 $ 291 $ 326 Accumulated benefit obligation 1,377 1,873 285 318 Fair value of plan assets 1,388 1,874 - (a) - (a)
Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets	Below is information about pension plans in which the accumulated benefit obligation exceeds fair value of the plan assets. Funded plans Unfunded plans As of June 30, 2015 2014 2015 2014 (in millions) Projected benefit obligation $ 595 $ 1,319 $ 291 $ 326 Accumulated benefit obligation 586 1,023 285 318 Fair value of plan assets 483 992 - (a) - (a)
Schedule of Components of Net Periodic Costs	The components of net periodic benefit costs from continuing operations were as follows: Pension benefits Postretirement benefits For the years ended June 30, 2015 2014 2013 2015 2014 2013 (in millions) Service cost benefits earned during the period $ 75 $ 73 $ 105 $ 4 $ 4 $ 4 Interest costs on projected benefit obligations 107 106 101 6 6 6 Expected return on plan assets (128 ) (113 ) (110 ) - - - Amortization of deferred losses 36 41 79 3 3 3 Other 1 1 2 - - - Net periodic benefit costs from continuing operations $ 91 $ 108 $ 177 $ 13 $ 13 $ 13
Schedule of Assumptions Used	Pension benefits Postretirement benefits For the years ended June 30, 2015 2014 2013 2015 2014 2013 Additional information related to continuing operations: Weighted-average assumptions used to determine benefit obligations Discount rate 4.7 % 4.5 % 5.2 % 4.5 % 4.3 % 4.8 % Rate of increase in future compensation 4.6 % 4.6 % 4.4 % N/A N/A N/A Weighted-average assumptions used to determine net periodic benefit costs Discount rate 4.5 % 5.2 % 4.3 % 4.3 % 4.8 % 3.8 % Expected return on plan assets 7.0 % 7.0 % 7.0 % N/A N/A N/A Rate of increase in future compensation 4.6 % 4.4 % 6.2 % N/A N/A N/A N/A – not applicable
Schedule of Health Care Cost Trend Rates	The following assumed health care cost trend rates at June 30 were also used in accounting for postretirement benefits: Postretirement Benefits Fiscal 2015 Fiscal 2014 Health care cost trend rate 6.4 % 6.4 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) 4.5 % 4.5 % Year that the rate reaches the ultimate trend rate 2028 2028
Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates	The effect of a one percentage point increase and one percentage point decrease in the assumed health care cost trend rate would have the following effects on the results for fiscal 2015: Service and interest costs Benefit obligation (in millions) One percentage point increase $ - $ 5 One percentage point decrease - (4 )
Schedule of Expected Benefit Payments	The following table sets forth the estimated benefit payments and estimated settlements for the next five fiscal years and in aggregate for the five fiscal years thereafter. These payments are estimated based on the same assumptions used to measure the Company’s benefit obligation at the end of the fiscal year and include benefits attributable to estimated future employee service: Expected benefit payments Pension benefits Postretirement benefits (in millions) Fiscal year: 2016 $ 61 $ 8 2017 64 8 2018 69 8 2019 75 9 2020 83 9 2021-2025 534 47 The above table shows expected benefits payments for the postretirement benefits net of U.S. Medicare subsidy receipts which are anticipated to be less than $1 million per year.
Schedule of Allocation of Plan Assets	The table below presents the Company’s plan assets by level within the fair value hierarchy, as described in Note 8 – Fair Value, as of June 30, 2015 and 2014: As of June 30, 2015 As of June 30, 2014 Fair value measurements at reporting date using Fair value measurements at reporting date using Description Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 (in millions) Assets Pooled funds: (a) Money market funds $ 163 $ - $ 163 $ - $ 117 $ - $ 117 $ - Domestic equity funds 127 127 - - 172 172 - - International equity funds 259 259 - - 309 255 54 - Domestic fixed income funds 2 2 - - 164 164 - - International fixed income funds 147 42 105 - 161 1 160 - Balanced funds 245 104 141 - 334 173 161 - Other pooled funds 24 2 22 - - - - - Common stocks (b) U.S. common stocks 199 199 - - 360 360 - - Government and agency obligations (c) Domestic government obligations 22 - 22 - 24 - 24 - Domestic agency obligations 23 - 23 - 33 - 33 - International government obligations 2 - 2 - - - - - Corporate obligations (c) 68 - 68 - 84 - 84 - Partnership interests (d) 20 - 20 - 37 - 37 - Other 87 (1 ) 88 - 79 (11 ) 89 1 Total $ 1,388 $ 734 $ 654 $ - $ 1,874 $ 1,114 $ 759 $ 1 (a) (b) (c) (d)
Schedule of Weighted Average Asset Allocations by Asset Category	The Company’s benefit plan weighted-average asset allocations, by asset category, are as follows: Pension benefits As of June 30, 2015 2014 Asset Category: Equity securities 43 % 46 % Debt securities 25 29 Other, including cash 32 25 Total 100 % 100 %
Schedule of Contribution to Multiemployer Pension and Postretirement Plans	The table below presents the Company’s contributions to multiemployer pension and postretirement plans for fiscal 2015, 2014 and 2013: For the years ended June 30, 2015 2014 2013 (in millions) Pension benefits $ 77 $ 70 $ 66 Other benefits 89 85 80 Total contributions $ 166 $ 155 $ 146

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Schedule of Income from Continuing Operations Before Income Tax Expense by Jurisdiction	Income from continuing operations before income tax expense was attributable to the following jurisdictions: For the years ended June 30, 2015 2014 2013 (in millions) U.S. (including exports) $ 9,953 $ 5,375 $ 8,115 Foreign (106 ) (186 ) 621 Income from continuing operations before income tax expense $ 9,847 $ 5,189 $ 8,736
Schedule of Components of Provision for Income Taxes from Continuing Operations	Significant components of the Company’s provision for income taxes from continuing operations were as follows: For the years ended June 30, 2015 2014 2013 (in millions) U.S. Federal $ 891 $ 1,178 $ 1,024 State & local 88 76 93 Foreign 93 57 93 Total current 1,072 1,311 1,210 Deferred and other 171 (39 ) 480 Provision for income taxes from continuing operations $ 1,243 $ 1,272 $ 1,690
Effective Income Tax Rate Reconciliation	The reconciliation of income tax attributable to continuing operations computed at the statutory rate to income tax expense was: For the years ended June 30, 2015 2014 2013 U.S. federal income tax rate 35 % 35 % 35 % Sale of interest in subsidiaries - - (4 ) State and local taxes 1 1 1 Effect of foreign operations (2 ) (5 ) (2 ) Adjustments for tax matters, net 2 - (1 ) Valuation allowance movements (20 ) - (7 ) Nontaxable income attributable to noncontrolling interests (1 ) (2 ) (1 ) Domestic production activities deduction (1 ) (2 ) (1 ) Other (1 ) (2 ) (1 ) Effective tax rate for income from continuing operations 13 % 25 % 19 %
Schedule of Components of Deferred Tax Assets and Liabilities	The following is a summary of the components of the deferred tax accounts: As of June 30, 2015 2014 (in millions) Deferred tax assets: Net operating loss carryforwards $ 380 $ 284 Capital loss carryforwards 36 1,360 Foreign tax credit carryforwards 173 561 Accrued liabilities 981 733 Other 222 293 Total deferred tax assets 1,792 3,231 Deferred tax liabilities: Basis difference and amortization (2,418 ) (2,898 ) Revenue recognition (511 ) (528 ) Sports rights contracts (383 ) (135 ) Total deferred tax liabilities (3,312 ) (3,561 ) Net deferred tax liability before valuation allowance (1,520 ) (330 ) Less: valuation allowance (453 ) (2,338 ) Total net deferred tax liabilities $ (1,973 ) $ (2,668 )
Change in the Accrual for Uncertain Tax Positions	The following table sets forth the change in the unrecognized tax benefits, excluding interest and penalties: For the years ended June 30, 2015 2014 2013 (in millions) Balance, beginning of year $ 144 $ 200 $ 173 Additions for prior year tax positions 46 1 60 Additions for current year tax positions 171 13 4 Reduction for prior year tax positions - (70 ) (37 ) Balance, end of year $ 361 $ 144 $ 200

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Reconciliation of Revenue and Segment OIBDA from Segments to Consolidated	For the years ended June 30, 2015 2014 2013 (in millions) Revenues: Cable Network Programming $ 13,773 $ 12,273 $ 10,881 Television 4,895 5,296 4,860 Filmed Entertainment 9,525 9,679 8,642 Direct Broadcast Satellite Television 2,112 6,030 4,439 Other, Corporate and Eliminations (1,318 ) (1,411 ) (1,147 ) Total revenues $ 28,987 $ 31,867 $ 27,675 Segment OIBDA: Cable Network Programming $ 4,648 $ 4,407 $ 4,177 Television 718 882 855 Filmed Entertainment 1,445 1,358 1,308 Direct Broadcast Satellite Television 234 424 397 Other, Corporate and Eliminations (323 ) (356 ) (476 ) Total Segment OIBDA 6,722 6,715 6,261 Amortization of cable distribution investments (80 ) (85 ) (89 ) Depreciation and amortization (736 ) (1,142 ) (797 ) Equity earnings of affiliates 904 622 655 Interest expense, net (1,198 ) (1,121 ) (1,063 ) Interest income 39 26 57 Other, net 4,196 174 3,712 Income from continuing operations before income tax expense 9,847 5,189 8,736 Income tax expense (1,243 ) (1,272 ) (1,690 ) Income from continuing operations 8,604 3,917 7,046 (Loss) income from discontinued operations, net of tax (67 ) 729 277 Net income 8,537 4,646 7,323 Less: Net income attributable to noncontrolling interests (231 ) (132 ) (226 ) Net income attributable to Twenty-First Century Fox stockholders $ 8,306 $ 4,514 $ 7,097
Reconciliation of Depreciation and Amortization and Capital Expenditures from Segments to Consolidated	For the years ended June 30, 2015 2014 2013 (in millions) Depreciation and amortization: Cable Network Programming $ 294 $ 232 $ 197 Television 115 105 93 Filmed Entertainment 107 133 132 Direct Broadcast Satellite Television 202 657 355 Other, Corporate and Eliminations 18 15 20 Total depreciation and amortization $ 736 $ 1,142 $ 797 For the years ended June 30, 2015 2014 2013 (in millions) Capital expenditures: Cable Network Programming $ 106 $ 131 $ 88 Television 77 90 103 Filmed Entertainment 45 61 63 Direct Broadcast Satellite Television 95 368 344 Other, Corporate and Eliminations 101 28 24 Total capital expenditures $ 424 $ 678 $ 622
Reconciliation of Assets from Segments to Consolidated	As of June 30, 2015 2014 (in millions) Total assets: Cable Network Programming $ 23,235 $ 22,422 Television 6,646 6,449 Filmed Entertainment 9,105 10,419 Direct Broadcast Satellite Television - 9,144 Other, Corporate and Eliminations 6,536 3,500 Investments 4,529 2,859 Total assets $ 50,051 $ 54,793
Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated	As of June 30, 2015 2014 (in millions) Goodwill and intangible assets, net: Cable Network Programming $ 12,746 $ 12,854 Television 4,297 4,282 Filmed Entertainment 1,790 2,441 Direct Broadcast Satellite Television - 6,451 Other, Corporate and Eliminations - 96 Total goodwill and intangible assets, net $ 18,833 $ 26,124
Reconciliation of Revenue from Components to Consolidated	Revenues by Component For the years ended June 30, 2015 2014 2013 (in millions) Revenues: Affiliate fees $ 10,353 $ 8,984 $ 7,678 Subscription 1,964 5,467 4,074 Advertising 7,609 8,218 7,634 Content 8,677 8,596 7,871 Other 384 602 418 Total revenues $ 28,987 $ 31,867 $ 27,675
Revenue and Long-Lived Assets by Geographical Region	Geographic Segments For the years ended June 30, 2015 2014 2013 (in millions) Revenues: U.S. and Canada (a) $ 18,563 $ 17,842 $ 15,937 Europe (b) 5,724 9,745 7,717 Other (c) 4,700 4,280 4,021 Total revenues $ 28,987 $ 31,867 $ 27,675 (a) (b) (c) As of June 30, 2015 2014 (in millions) Long-lived assets: (a) U.S. and Canada $ 8,194 $ 7,951 Europe 170 1,788 Other 648 634 Total long-lived assets $ 9,012 $ 10,373 (a)

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Computation of Basic and Diluted Earnings Per Share	The following tables set forth the computation of basic and diluted earnings per share under ASC 260, “Earnings per Share”: For the years ended June 30, 2015 2014 2013 (in millions, except per share amounts) Income from continuing operations $ 8,604 $ 3,917 $ 7,046 Less: Net income attributable to noncontrolling interests (231 ) (132 ) (226 ) Income from continuing operations attributable to Twenty-First Century Fox stockholders - basic $ 8,373 $ 3,785 $ 6,820 Other (1 ) - (3 ) Income from continuing operations attributable to Twenty-First Century Fox stockholders - diluted $ 8,372 $ 3,785 $ 6,817 (Loss) income from discontinued operations, net of tax attributable to Twenty-First Century Fox stockholders - basic and diluted (67 ) 729 277 Net income attributable to Twenty-First Century Fox stockholders - basic 8,306 4,514 7,097 Other (1 ) - (3 ) Net income attributable to Twenty-First Century Fox stockholders - diluted $ 8,305 $ 4,514 $ 7,094 Weighted average shares - basic 2,127 2,265 2,337 Shares issuable under equity-based compensation plans (a) 3 4 4 Weighted average shares - diluted 2,130 2,269 2,341 Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - basic $ 3.94 $ 1.67 $ 2.91 Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - diluted $ 3.93 $ 1.67 $ 2.91 (Loss) income from discontinued operations, net of tax attributable to Twenty-First Century Fox stockholders per share - basic and diluted $ (0.03 ) $ 0.32 $ 0.12 Net income attributable to Twenty-First Century Fox stockholders per share - basic $ 3.91 $ 1.99 $ 3.03 Net income attributable to Twenty-First Century Fox stockholders per share - diluted $ 3.90 $ 1.99 $ 3.03 (a)

Quarterly Data (Unaudited) (Tab

Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Jun. 30, 2015
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	For the three months ended September 30, December 31, March 31, June 30, (in millions, except per share amounts) Fiscal 2015 Revenues $ 7,887 $ 8,055 $ 6,840 $ 6,205 Income from continuing operations attributable to Twenty-First Century Fox stockholders (a) 1,044 6,223 990 116 Loss from discontinued operations, net of tax (7 ) (16 ) (15 ) (29 ) Net income attributable to Twenty-First Century Fox stockholders $ 1,037 $ 6,207 $ 975 $ 87 Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - basic and diluted $ 0.48 $ 2.89 $ 0.47 $ 0.06 Net income attributable to Twenty-First Century Fox stockholders per share - basic $ 0.47 $ 2.89 $ 0.46 $ 0.04 Net income attributable to Twenty-First Century Fox stockholders per share - diluted $ 0.47 $ 2.88 $ 0.46 $ 0.04 Stock prices (b) Class A - High $ 36.30 $ 39.01 $ 37.85 $ 34.65 Class A - Low $ 31.30 $ 31.77 $ 32.80 $ 32.26 Class B - High $ 35.28 $ 37.50 $ 36.52 $ 34.43 Class B - Low $ 31.03 $ 30.71 $ 31.78 $ 31.88 Fiscal 2014 Revenues $ 7,061 $ 8,163 $ 8,219 $ 8,424 Income from continuing operations attributable to Twenty-First Century Fox stockholders 768 982 1,069 966 Income (loss) from discontinued operations, net of tax 487 225 (16 ) 33 Net income attributable to Twenty-First Century Fox stockholders $ 1,255 $ 1,207 $ 1,053 $ 999 Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - basic and diluted $ 0.33 $ 0.43 $ 0.47 $ 0.43 Net income attributable to Twenty-First Century Fox stockholders per share - basic and diluted $ 0.54 $ 0.53 $ 0.47 $ 0.45 Stock prices (b) Class A - High $ 33.51 $ 35.18 $ 35.63 $ 36.21 Class A - Low $ 29.21 $ 32.20 $ 30.73 $ 31.65 Class B - High $ 33.40 $ 34.85 $ 35.04 $ 35.36 Class B - Low $ 29.34 $ 31.65 $ 30.21 $ 30.77 (a ) (b)

Valuation and Qualifying Acco53

Valuation and Qualifying Accounts (Tables)	12 Months Ended
	Jun. 30, 2015
Valuation And Qualifying Accounts [Abstract]
Schedule of Valuation and Qualifying Accounts	Balance as of beginning of year Additions Acquisitions and disposals Utilization Foreign exchange Balance as of end of year (in millions) Fiscal 2015 Allowances for returns and doubtful accounts $ (815 ) $ (881 ) $ 149 $ 889 $ 152 $ (506 ) Deferred tax valuation allowance (2,338 ) (34 ) 1,687 224 8 (453 ) Fiscal 2014 Allowances for returns and doubtful accounts $ (899 ) $ (890 ) $ - $ 943 $ 31 $ (815 ) Deferred tax valuation allowance (3,284 ) (171 ) 938 218 (39 ) (2,338 ) Fiscal 2013 Allowances for returns and doubtful accounts $ (800 ) $ (1,078 ) $ 5 $ 994 $ (20 ) $ (899 ) Deferred tax valuation allowance (1,514 ) (156 ) (2,054 ) 392 48 (3,284 )

Additional Financial Informat54

Additional Financial Information (Tables)	12 Months Ended
	Jun. 30, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Supplemental Cash Flows Information	For the years ended June 30, 2015 2014 2013 (in millions) Supplemental cash flows information: Cash paid for income taxes (a) $ (880 ) $ (1,441 ) $ (1,267 ) Cash paid for interest $ (1,213 ) $ (1,140 ) $ (1,080 ) Sale of other investments $ 2 $ 1 $ 3 Purchase of other investments $ (78 ) $ (65 ) $ (155 ) Supplemental information on businesses acquired and additional investments: Fair value of assets acquired $ 219 $ 2,833 $ 5,399 Cash acquired - 3 684 Liabilities assumed (2 ) (1,763 ) (2,174 ) Decrease in deferred consideration - 7 - Noncontrolling interest increase - (385 ) (2,619 ) Cash paid (142 ) (695 ) (1,290 ) Fair value of equity instruments issued to third parties 75 - - Issuance of subsidiary common units (75 ) - - Fair value of equity instruments consideration $ - $ - $ - (a)
Components of Other, net	The following table sets forth the components of Other, net included in the Consolidated Statements of Operations: For the years ended June 30, 2015 2014 2013 (in millions) Gain on disposition of DBS businesses (a) $ 4,984 $ - $ - Gain on disposition of Shine Group (a) 58 - - Change in fair value of securities (a) 12 (4 ) 86 Impairment charges (b) (270 ) - (35 ) Settlement loss on pension liabilities (c) (245 ) - - Restructuring (d) (232 ) (52 ) (13 ) Loss on exit of MundoFox investment (e) (85 ) - - Venezuela foreign currency devaluation (f) (28 ) (104 ) - Investment impairment losses (e) (4 ) (69 ) (20 ) Gain on sale of investment in STATS (e) - 112 - Gain on Sky Deutschland transaction (a) - - 2,069 (Loss) gain on sale of investment in NDS (e) - (30 ) 1,446 Gain on sale of investment in Phoenix (e) - 199 81 Gain on Fox Sports Asia transaction (a) - - 174 Shareholder litigation settlement (g) - 111 - Loss on sale of Baltimore station (a) - - (92 ) Other 6 11 16 Total other, net $ 4,196 $ 174 $ 3,712 (a) ( b ) ( c ) (d) (e) ( f ) (g)

Supplemental Guarantor Inform55

Supplemental Guarantor Information (Tables)	12 Months Ended
	Jun. 30, 2015
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Supplemental Condensed Consolidating Statement of Operations	Supplemental Condensed Consolidating Statement of Operations For the year ended June 30, 2015 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Revenues $ 1 $ - $ 28,986 $ - $ 28,987 Expenses (333 ) - (22,748 ) - (23,081 ) Equity (losses) earnings of affiliates (3 ) - 907 - 904 Interest expense, net (1,586 ) (637 ) (96 ) 1,121 (1,198 ) Interest income 9 6 1,145 (1,121 ) 39 Earnings from subsidiary entities 11,205 9,012 - (20,217 ) - Other, net 53 (8 ) 4,151 - 4,196 Income from continuing operations before income tax expense 9,346 8,373 12,345 (20,217 ) 9,847 Income tax expense (1,181 ) - (1,559 ) 1,497 (1,243 ) Income from continuing operations 8,165 8,373 10,786 (18,720 ) 8,604 Loss from discontinued operations, net of tax - (67 ) - - (67 ) Net income 8,165 8,306 10,786 (18,720 ) 8,537 Less: Net income attributable to noncontrolling interests - - (231 ) - (231 ) Net income attributable to Twenty-First Century Fox stockholders $ 8,165 $ 8,306 $ 10,555 $ (18,720 ) $ 8,306 Comprehensive income attributable to Twenty-First Century Fox stockholders $ 6,368 $ 6,770 $ 8,677 $ (15,045 ) $ 6,770 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Operations For the year ended June 30, 2014 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Revenues $ 1 $ - $ 31,866 $ - $ 31,867 Expenses (345 ) - (26,034 ) - (26,379 ) Equity earnings of affiliates 1 - 621 - 622 Interest expense, net (1,561 ) (513 ) (47 ) 1,000 (1,121 ) Interest income 3 3 1,020 (1,000 ) 26 Earnings from subsidiary entities 6,530 4,200 - (10,730 ) - Other, net 590 82 (498 ) - 174 Income from continuing operations before income tax expense 5,219 3,772 6,928 (10,730 ) 5,189 Income tax expense (1,279 ) - (1,699 ) 1,706 (1,272 ) Income from continuing operations 3,940 3,772 5,229 (9,024 ) 3,917 (Loss) income from discontinued operations, net of tax (13 ) 742 - - 729 Net income 3,927 4,514 5,229 (9,024 ) 4,646 Less: Net income attributable to noncontrolling interests - - (132 ) - (132 ) Net income attributable to Twenty-First Century Fox stockholders $ 3,927 $ 4,514 $ 5,097 $ (9,024 ) $ 4,514 Comprehensive income attributable to Twenty-First Century Fox stockholders $ 4,390 $ 4,799 $ 5,572 $ (9,962 ) $ 4,799 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Operations For the year ended June 30, 2013 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Revenues $ 1 $ - $ 27,674 $ - $ 27,675 Expenses (467 ) - (21,833 ) - (22,300 ) Equity earnings of affiliates 1 - 654 - 655 Interest expense, net (1,551 ) (491 ) 109 870 (1,063 ) Interest income 137 6 921 (1,007 ) 57 Earnings from subsidiary entities 5,561 4,922 - (10,483 ) - Other, net 269 2,768 675 - 3,712 Income from continuing operations before income tax expense 3,951 7,205 8,200 (10,620 ) 8,736 Income tax expense (764 ) - (1,586 ) 660 (1,690 ) Income from continuing operations 3,187 7,205 6,614 (9,960 ) 7,046 Income (loss) from discontinued operations, net of tax 663 (108 ) 968 (1,246 ) 277 Net income 3,850 7,097 7,582 (11,206 ) 7,323 Less: Net income attributable to noncontrolling interests - - (226 ) - (226 ) Net income attributable to Twenty-First Century Fox stockholders $ 3,850 $ 7,097 $ 7,356 $ (11,206 ) $ 7,097 Comprehensive income attributable to Twenty-First Century Fox stockholders $ 3,147 $ 6,466 $ 7,519 $ (10,666 ) $ 6,466 See notes to supplemental guarantor information
Supplemental Condensed Consolidating Balance Sheet	Supplemental Condensed Consolidating Balance Sheet As of June 30, 2015 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries ASSETS Current assets: Cash and cash equivalents $ 767 $ 5,913 $ 1,748 $ - $ 8,428 Receivables, net 11 - 5,902 (1 ) 5,912 Inventories, net - - 2,749 - 2,749 Other 14 - 273 - 287 Total current assets 792 5,913 10,672 (1 ) 17,376 Non-current assets: Receivables, net 15 - 379 - 394 Inventories, net - - 6,411 - 6,411 Property, plant and equipment, net 230 - 1,492 - 1,722 Intangible assets, net - - 6,320 - 6,320 Goodwill - - 12,513 - 12,513 Other 384 - 402 - 786 Investments: Investments in associated companies and other investments 50 22 4,457 - 4,529 Intragroup investments 92,821 53,278 - (146,099 ) - Total investments 92,871 53,300 4,457 (146,099 ) 4,529 TOTAL ASSETS $ 94,292 $ 59,213 $ 42,646 $ (146,100 ) $ 50,051 LIABILITIES AND EQUITY Current liabilities: Borrowings $ 200 $ - $ 44 $ - $ 244 Other current liabilities 467 74 6,478 (1 ) 7,018 Total current liabilities 667 74 6,522 (1 ) 7,262 Non-current liabilities: Borrowings 17,278 - 1,517 - 18,795 Other non-current liabilities 571 - 4,616 - 5,187 Intercompany 35,999 41,919 (77,918 ) - - Redeemable noncontrolling interests - - 621 - 621 Total equity 39,777 17,220 107,288 (146,099 ) 18,186 TOTAL LIABILITIES AND EQUITY $ 94,292 $ 59,213 $ 42,646 $ (146,100 ) $ 50,051 See notes to supplemental guarantor information Supplemental Condensed Consolidating Balance Sheet As of June 30, 2014 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries ASSETS Current assets: Cash and cash equivalents $ 473 $ 3,120 $ 1,822 $ - $ 5,415 Receivables, net 3 - 6,466 (1 ) 6,468 Inventories, net - - 3,092 - 3,092 Other 10 - 391 - 401 Total current assets 486 3,120 11,771 (1 ) 15,376 Non-current assets: Receivables, net 16 - 438 - 454 Inventories, net - - 6,442 - 6,442 Property, plant and equipment, net 145 - 2,786 - 2,931 Intangible assets, net - - 8,072 - 8,072 Goodwill - - 18,052 - 18,052 Other 410 - 197 - 607 Investments: Investments in associated companies and other investments 113 19 2,727 - 2,859 Intragroup investments 80,714 46,499 - (127,213 ) - Total investments 80,827 46,518 2,727 (127,213 ) 2,859 TOTAL ASSETS $ 81,884 $ 49,638 $ 50,485 $ (127,214 ) $ 54,793 LIABILITIES AND EQUITY Current liabilities: Borrowings $ 750 $ - $ 49 $ - $ 799 Other current liabilities 516 85 7,457 (1 ) 8,057 Total current liabilities 1,266 85 7,506 (1 ) 8,856 Non-current liabilities: Borrowings 16,279 - 1,980 - 18,259 Other non-current liabilities 316 - 5,920 - 6,236 Intercompany 33,276 32,135 (65,411 ) - - Redeemable noncontrolling interests - - 541 - 541 Total equity 30,747 17,418 99,949 (127,213 ) 20,901 TOTAL LIABILITIES AND EQUITY $ 81,884 $ 49,638 $ 50,485 $ (127,214 ) $ 54,793 See notes to supplemental guarantor information
Supplemental Condensed Consolidating Statement of Cash Flows	Supplemental Condensed Consolidating Statement of Cash Flows For the year ended June 30, 2015 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Operating activities: Net cash provided by operating activities from continuing operations $ 43 $ 1,340 $ 2,234 $ - $ 3,617 Investing activities: Property, plant and equipment (100 ) - (324 ) - (424 ) Investments (127 ) (3 ) (1,337 ) - (1,467 ) Proceeds from dispositions, net 86 8,581 (40 ) - 8,627 Net cash (used in) provided by investing activities from continuing operations (141 ) 8,578 (1,701 ) - 6,736 Financing activities: Borrowings 1,191 - 1,970 - 3,161 Repayment of borrowings (750 ) - (2,095 ) - (2,845 ) Issuance of shares and excess tax benefit from equity-based compensation - 51 - - 51 Repurchase of shares - (5,939 ) - - (5,939 ) Dividends paid and distributions - (587 ) (291 ) - (878 ) Purchase of subsidiary shares from noncontrolling interests - (650 ) (2 ) - (652 ) Net cash provided by (used in) financing activities from continuing operations 441 (7,125 ) (418 ) - (7,102 ) Discontinued operations: Net decrease in cash and cash equivalents from discontinued operations (49 ) - - - (49 ) Net increase in cash and cash equivalents 294 2,793 115 - 3,202 Cash and cash equivalents, beginning of year 473 3,120 1,822 - 5,415 Exchange movement on cash balances - - (189 ) - (189 ) Cash and cash equivalents, end of year $ 767 $ 5,913 $ 1,748 $ - $ 8,428 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Cash Flows For the year ended June 30, 2014 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Operating activities: Net cash (used in) provided by operating activities from continuing operations $ (756 ) $ 2,633 $ 1,087 $ - $ 2,964 Investing activities: Property, plant and equipment (26 ) - (652 ) - (678 ) Investments (4 ) - (771 ) - (775 ) Proceeds from dispositions, net 9 117 392 - 518 Net cash (used in) provided by investing activities from continuing operations (21 ) 117 (1,031 ) - (935 ) Financing activities: Borrowings 987 - 168 - 1,155 Repayment of borrowings (134 ) - (162 ) - (296 ) Issuance of shares and excess tax benefit from equity-based compensation - 66 - - 66 Repurchase of shares - (3,772 ) - - (3,772 ) Dividends paid and distributions - (568 ) (224 ) - (792 ) Purchase of subsidiary shares from noncontrolling interests - - (127 ) - (127 ) Distribution to News Corporation - (10 ) - - (10 ) Net cash provided by (used in) financing activities from continuing operations 853 (4,284 ) (345 ) - (3,776 ) Discontinued operations: Net (decrease) increase in cash and cash equivalents from discontinued operations (127 ) 698 - - 571 Net decrease in cash and cash equivalents (51 ) (836 ) (289 ) - (1,176 ) Cash and cash equivalents, beginning of year 524 3,956 2,179 - 6,659 Exchange movement on cash balances - - (68 ) - (68 ) Cash and cash equivalents, end of year $ 473 $ 3,120 $ 1,822 $ - $ 5,415 See notes to supplemental guarantor information Supplemental Condensed Consolidating Statement of Cash Flows For the year ended June 30, 2013 (in millions) 21st Century Fox America, Inc. Twenty-First Century Fox Non-Guarantor Reclassifications and Eliminations Twenty-First Century Fox and Subsidiaries Operating activities: Net cash (used in) provided by operating activities from continuing operations $ (625 ) $ 2,017 $ 1,610 $ - $ 3,002 Investing activities: Property, plant and equipment (21 ) - (601 ) - (622 ) Investments (17 ) (19 ) (1,224 ) - (1,260 ) Proceeds from dispositions, net - - 1,968 - 1,968 Net cash (used in) provided by investing activities from continuing operations (38 ) (19 ) 143 - 86 Financing activities: Borrowings 987 - 290 - 1,277 Repayment of borrowings (273 ) - (481 ) - (754 ) Issuance of shares and excess tax benefit from equity-based compensation - 203 - - 203 Repurchase of shares - (2,026 ) - - (2,026 ) Dividends paid and distributions - (398 ) (215 ) - (613 ) Purchase of subsidiary shares from noncontrolling interests - - (163 ) - (163 ) Sale of subsidiary shares to noncontrolling interests 19 - 74 - 93 Distribution to News Corporation - (1,826 ) (762 ) - (2,588 ) Net cash provided by (used in) financing activities from continuing operations 733 (4,047 ) (1,257 ) - (4,571 ) Discontinued operations: Net decrease in cash and cash equivalents from discontinued operations (107 ) - (1,324 ) - (1,431 ) Net decrease in cash and cash equivalents (37 ) (2,049 ) (828 ) - (2,914 ) Cash and cash equivalents, beginning of year 561 6,005 3,060 - 9,626 Exchange movement on cash balances - - (53 ) - (53 ) Cash and cash equivalents, end of year $ 524 $ 3,956 $ 2,179 $ - $ 6,659 See notes to supplemental guarantor information

Description of Business (Narrat

Description of Business (Narrative) (Details)	12 Months Ended
	Jun. 30, 2015FullpowertvstationsDuopoliesSegments	Nov. 12, 2014	Oct. 31, 2014
Description of Business [Abstract]
Number of Reportable Segments | Segments	5
Sky Deutschland
Description of Business [Abstract]
Subsidiary Ownership Percentage		57.00%	57.00%
Disposal date	Nov. 12, 2014
Television Segment
Description of Business [Abstract]
Full power broadcast television stations	28
Duopolies | Duopolies	11
Television Segment | Fox
Description of Business [Abstract]
Full power broadcast television stations	17
Television Segment | MyNetworkTV
Description of Business [Abstract]
Full power broadcast television stations	10
Television Segment | Independent Station
Description of Business [Abstract]
Full power broadcast television stations	1

Summary of Significant Accoun57

Summary of Significant Accounting Policies (Schedule of Receivables, Net) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014
Receivables [Abstract]
Total receivables	$ 6,812	$ 7,737
Allowances for returns and doubtful accounts	(506)	(815)
Total receivables, net	6,306	6,922
Less: current receivables, net	(5,912)	(6,468)
Non-current receivables, net	$ 394	$ 454

Summary of Significant Accoun58

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($) $ / shares in Units, $ in Billions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Marketing and Advertising Expense [Abstract]
Advertising expense	$ 2.6	$ 2.9	$ 2.2
Class A Common Stock
Class of Stock Disclosures [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Class B Common Stock
Class of Stock Disclosures [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Leasehold Improvements
Property, Plant and Equipment [Abstract]
Property, plant and equipment, estimated useful lives	straight-line method over the shorter of their useful lives or the life of the lease
Minimum
Property, Plant and Equipment [Abstract]
Property, plant and equipment, useful life	3 years
Maximum
Property, Plant and Equipment [Abstract]
Property, plant and equipment, useful life	40 years

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) € in Millions, shares in Millions, $ in Millions

1 Months Ended

11 Months Ended

12 Months Ended

Feb. 28, 2015USD ($)

Oct. 31, 2014USD ($)TelevisionStationshares

Feb. 28, 2014USD ($)

Sep. 30, 2013USD ($)

Dec. 31, 2012USD ($)

Nov. 30, 2012USD ($)

Jan. 31, 2011USD ($)

Dec. 31, 2015USD ($)

Jun. 30, 2015USD ($)

Jun. 30, 2014USD ($)

Jun. 30, 2013USD ($)shares

Jun. 30, 2013EUR (€)

Business Acquisition [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 142

$ 695

$ 1,290

Goodwill

12,513

18,052

17,255

Embedded Derivative Gain (Loss) On Embedded Derivative Net

[1]

12

(4)

86

Purchase of subsidiary shares from noncontrolling interests

652

127

163

Business acquisition, cost of acquired entity, cash paid

$ 142

692

606

MVPD Affiliate | Minimum

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

10 years

MVPD Affiliate | Maximum

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

20 years

trueX media inc

Business Acquisition [Line Items]

Effective Date of Acquisition

Feb. 28, 2015

Payments To Acquire Businesses

$ 175

Business acquisition purchase price allocation intangible assets including goodwill

125

Business acquisition purchase price allocation intangible assets other than goodwill

$ 30

San Francisco-Bay area television stations

Business Acquisition [Line Items]

Effective Date of Acquisition

Oct. 31, 2014

Business acquisition purchase price allocation intangible assets including goodwill

$ 175

Business acquisition purchase price allocation intangible assets other than goodwill

$ 170

Number of stations acquired | TelevisionStation

2

Business acquisition fair value

$ 220

Business acquisition purchase price allocation amortizable intangible assets

$ 65

San Francisco-Bay area television stations | Retransmission agreements

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

8 years

San Francisco-Bay area television stations | FCC Licenses

Business Acquisition [Line Items]

Business acquisition purchase price allocation indefinite lived intangible assets

$ 105

Sky Deutschland

Business Acquisition [Line Items]

Business acquisition, cost of acquired entity, cash paid

550

€ 410

Business acquisition purchase price allocation intangible assets other than goodwill

$ 1,700

Business acquisition purchase price allocation amortizable intangible assets

$ 1,700

Useful life of amortizable intangible assets

11 years

11 years

Number of shares acquired | shares

92

Ownership percentage in subsidiary after step acquisition

55.00%

Minority interest ownership percentage by noncontrolling owners

45.00%

Business combination, acquisition of less than 100 percent, noncontrolling interest, fair value

$ 2,300

Remeasurement gain or loss on step acquisition

[1]

2,069

Goodwill

$ 4,300

Ownership percentage acquired

5.00%

Assumed debt from acquired entity

$ 480

Subsidiary Ownership Percentage

57.00%

Embedded Derivative Gain (Loss) On Embedded Derivative Net

58

Sky Deutschland | Convertible Debt Securities

Business Acquisition [Line Items]

Convertible bonds

$ 225

Shares received on conversion of bonds | shares

53.9

Latin America Pay Television

Business Acquisition [Line Items]

Effective Date of Acquisition

Sep. 30, 2013

Percentage of voting interests acquired from minority shareholders

22.00%

Ownership interest in subsidiary including the noncontrolling interest acquired

100.00%

Purchase of subsidiary shares from noncontrolling interests

$ 75

Yes Network

Business Acquisition [Line Items]

Effective Date of Acquisition

Feb. 28, 2014

Business acquisition purchase price allocation intangible assets other than goodwill

$ 1,700

Ownership percentage in subsidiary after step acquisition

80.00%

Minority interest ownership percentage by noncontrolling owners

20.00%

Business combination, acquisition of less than 100 percent, noncontrolling interest, fair value

$ 385

Goodwill

$ 1,600

Ownership percentage acquired

31.00%

Equity method investment, ownership percentage

49.00%

Investments in equity affiliates

$ 584

Upfront cost paid on behalf of equity investee

250

Equity investment, aggregate cost

834

Business acquisition, cost of acquired entity, cash paid

$ 680

Business combination, borrowings

$ 1,700

Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Valuation Technique

Market approach

Percentage of the entity that the excess purchase price valuation is based on

100.00%

Upfront costs paid subsequent to the acquisition

$ 160

Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value

$ 860

Yes Network | MVPD Affiliate

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

20 years

Yes Network | Advertiser Relationships

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

6 years

EMM

Business Acquisition [Line Items]

Business acquisition, cost of acquired entity, cash paid

$ 325

Effective Date of Acquisition

Nov. 30, 2012

Payments To Acquire Businesses

350

Business acquisition purchase price allocation intangible assets including goodwill

670

Business acquisition purchase price allocation amortizable intangible assets

$ 325

Minority interest ownership percentage by noncontrolling owners

49.00%

Goodwill

$ 345

Ownership percentage acquired

51.00%

Percentage of the entity that the excess purchase price valuation is based on

100.00%

Contingent consideration on acquisition

$ 25

EMM | Minimum

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

6 years

EMM | Maximum

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

20 years

Fox Sports Asia

Business Acquisition [Line Items]

Effective Date of Acquisition

Nov. 30, 2012

Business acquisition purchase price allocation intangible assets including goodwill

$ 1,030

Business acquisition purchase price allocation amortizable intangible assets

$ 190

Ownership percentage in subsidiary after step acquisition

100.00%

Remeasurement gain or loss on step acquisition

[1]

$ 174

Goodwill

$ 840

Ownership percentage acquired

50.00%

Business acquisition, cost of acquired entity, cash paid

$ 220

Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value

280

Business acquisition purchase price allocation contract-related liabilities amount

$ 450

Fox Sports Asia | Minimum

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

8 years

Fox Sports Asia | Maximum

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

15 years

SportsTime Ohio

Business Acquisition [Line Items]

Business acquisition, cost of acquired entity, cash paid

135

Effective Date of Acquisition

Dec. 31, 2012

Payments To Acquire Businesses

285

Business acquisition purchase price allocation intangible assets including goodwill

275

Business acquisition purchase price allocation amortizable intangible assets

135

Goodwill

$ 140

SportsTime Ohio | Minimum

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

8 years

SportsTime Ohio | Maximum

Business Acquisition [Line Items]

Useful life of amortizable intangible assets

20 years

Forecast | MAA Television Network

Business Acquisition [Line Items]

Date of Acquisition Agreement

Feb. 28, 2015

Business acquisition, cost of acquired entity, cash paid

$ 375

[1]

See Note 3 – Acquisitions, Disposals and Other Transactions.

Disposals (Narrative) (Details)

Disposals (Narrative) (Details) - USD ($) $ in Millions		Nov. 12, 2014	Dec. 31, 2014	Jul. 31, 2014	Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2013	Oct. 31, 2014
Disposals
Purchase of subsidiary shares from noncontrolling interests					$ 652		$ 127	$ 163
Sky
Disposals
Investments in equity affiliates				$ 900
Equity method investment, ownership percentage				39.00%	39.00%	[1],[2]
Endemol Shine Group
Disposals
Equity method investment, ownership percentage	[1],[3]				50.00%
Aggregate carrying value of subsidiary contributed to joint venture including cash contribution			$ 830
NGC International
Disposals
Purchase of subsidiary shares from noncontrolling interests		$ 650
Percentage of voting interests acquired from minority shareholders		21.00%
Ownership interest in subsidiary including the noncontrolling interest acquired		73.00%
Sky Italia And Sky Deutschland
Disposals
Disposal date					Nov. 12, 2014
Consideration received, including noncash consideration		$ 8,800
Proceeds from disposition of business, cash		$ 8,200
Pre tax gain (loss) on exchange or sale of business	[3]				$ 4,984
Sky Italia
Disposals
Subsidiary Ownership Percentage		100.00%
Sky Deutschland
Disposals
Disposal date					Nov. 12, 2014
Subsidiary Ownership Percentage		57.00%							57.00%
Shine Group
Disposals
Disposal date					Dec. 31, 2014
Pre tax gain (loss) on exchange or sale of business	[3]				$ 58
[1]	Equity method investment.
[2]	The Company’s investment in Sky had a market value of $11 billion as of June 30, 2015 and was valued using the quoted market price on the London Stock Exchange (a Level 1 measurement as defined in Note 8 – Fair Value). For fiscal 2015 and 2014, the Company received dividends from Sky of approximately $335 million and $317 million, respectively.
[3]	See Note 3 – Acquisitions, Disposals and Other Transactions.

Disposals (Summary of Assets an

Disposals (Summary of Assets and Liabilities) (Details) - Sky Italia And Sky Deutschland - USD ($) $ in Millions	Nov. 12, 2014	Jun. 30, 2014
Acquisitions Disposals And Other Transactions [Line Items]
Total current assets	$ 1,563	$ 1,200
Total non-current assets	7,193	7,944
Total assets	8,756	9,144
Total current liabilities	1,885	1,801
Total non-current liabilities	674	635
Total liabilities	$ 2,559	$ 2,436

Other Transactions (Narrative)

Other Transactions (Narrative) (Details) - USD ($) $ in Millions		1 Months Ended	12 Months Ended
		May. 31, 2012	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Other Transactions
Purchase of subsidiary shares from noncontrolling interests			$ 652	$ 127	$ 163
Asianet Communications
Other Transactions
Subsidiary Ownership Percentage						75.00%
Purchase of subsidiary shares from noncontrolling interests				$ 50	$ 160
Ownership interest in subsidiary including the noncontrolling interest acquired				100.00%	87.00%
Percentage of voting interests acquired from minority shareholders				13.00%
Baltimore Station
Other Transactions
Gain (loss) on exchange or sale of business	[1]				$ (92)
FOX affiliate group
Other Transactions
Total payment received from network affiliate		$ 50
[1]	See Note 3 – Acquisitions, Disposals and Other Transactions.

Discontinued Operations (Narrat

Discontinued Operations (Narrative) (Details) $ in Millions		Jun. 21, 2013	Sep. 30, 2013USD ($)	Mar. 31, 2013USD ($)	Nov. 30, 2012USD ($)	Jul. 31, 2012USD ($)	Jun. 30, 2015USD ($)Continent	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Number of continents company operates in | Continent							6
Cash distribution to News Corp								$ 10	$ 2,588
Business acquisition, cost of acquired entity, cash paid							$ 142	695	1,290
Asset Impairment Charges	[1]						$ 270		35
News Corp
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash distribution to News Corp									2,588
Net tax reimbursement received and recognized from News Corp								$ 720
Asset Impairment Charges									1,400
Asset Impairment Charges Net									1,100
Goodwill, Impairment Loss									494
Indefinite Lived Intangible Assets Impairment									862
Impairment of Long-Lived Assets Held-for-use									46
Long Lived Assets Held For Sale Impairment Charge									42
News Corp | Sky Network Television
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Equity method investment, ownership percentage				44.00%
Proceeds from sale of equity method investments				$ 675
Gain (Loss) on Sale of Stock in Subsidiary or Equity Method Investee				$ 321
News Corp | Foxtel
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Equity method investment, ownership percentage					25.00%
News Corp | Foxtel | FOX SPORTS Australia
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net									1,200
Business Combination Step Acquisition Equity Interest					$ 1,600
Fair Value Inputs Long Term Revenue					2.50%
News Corp | Foxtel | FOX SPORTS Australia | Minimum
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Fair Value Inputs Discount Rate					9.50%
News Corp | Foxtel | FOX SPORTS Australia | Maximum
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Fair Value Inputs Discount Rate					10.50%
News Corp | Thomas Nelson
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Business acquisition, cost of acquired entity, cash paid						$ 200
News Corp | Consolidated Media Holdings Ltd
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Business acquisition, cost of acquired entity, cash paid					$ 2,000
Assumed debt from acquired entity					$ 235
News Corp | Consolidated Media Holdings Ltd | FOX SPORTS Australia
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Third Party Ownership Percentage In Affiliate Before Transaction Is Completed					50.00%
Ownership percentage in subsidiary after step acquisition					100.00%
News Corp | Consolidated Media Holdings Ltd | Foxtel
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Third Party Ownership Percentage In Affiliate Before Transaction Is Completed					25.00%
Equity method investment, ownership percentage					50.00%
News Corp | Amount Distributed Prior to Separation of News Corporation
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash distribution to News Corp									2,400
News Corp | Cash Funding Prior to Separation of News Corporation
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash distribution to News Corp									1,600
News Corp | Cash Held by Subsidiaries Prior to Separation of News Corporation
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash distribution to News Corp									$ 800
News Corp | Final Amount Paid to News Corporation
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Cash distribution to News Corp			$ 217
News Corp | Class A Common Stock
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
The Percentage of shares distributed to stockholders in the spun off entity for each share of stock in the company		25.00%
News Corp | Class B Common Stock
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
The Percentage of shares distributed to stockholders in the spun off entity for each share of stock in the company		25.00%
[1]	See Note 6 – Inventories, Net and Note 10 – Goodwill and Intangible Assets, Net.

Discontinued Operations (Profit

Discontinued Operations (Profit and Loss) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014		Jun. 30, 2013
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
(Loss) income, net of tax	$ (29)	$ (15)	$ (16)	$ (7)	$ 33	$ (16)	$ 225	$ 487	$ (67)	$ 729		$ 277
News Corp
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Revenues												8,891
(Loss) income before income tax (expense) benefit									(33)	698		240
Income tax (expense) benefit									(34)	31		365
(Loss) income, net of tax									$ (67)	$ 729	[1]	$ 277
[1]	Includes the net tax reimbursement from News Corp, as stated above, for fiscal 2014 of approximately $720 million.

Discontinued Operations (Prof65

Discontinued Operations (Profit and Loss) (Parenthetical) (Details) $ in Millions	12 Months Ended
	Jun. 30, 2014USD ($)
News Corp
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net tax reimbursement received and recognized from News Corp	$ 720

Discontinued Operations (Cash F

Discontinued Operations (Cash Flows) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net (decrease) increase in cash and cash equivalents	$ (49)	$ 571	$ (1,431)
News Corp
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Net cash (used in) provided by operating activities	(49)	571	506
Net cash used in investing activities			(1,674)
Net cash used in financing activities			(263)
Net (decrease) increase in cash and cash equivalents	$ (49)	$ 571	$ (1,431)

Restructuring Programs (Narrati

Restructuring Programs (Narrative) (Details) - USD ($) $ in Millions		1 Months Ended	12 Months Ended
		Jul. 31, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Restructuring Cost And Reserve [Line Items]
Restructuring Charges net of adjustments	[1]		$ 232	$ 52	$ 13
Payments			96	77	41
Restructuring charges			509	92	13
Expected restructuring charges			16
Restructuring liabilities, current			470
Subsequent Event | Cable Network Programming Segment | STAR
Restructuring Cost And Reserve [Line Items]
Payments		$ 420
Total Continuing Operations
Restructuring Cost And Reserve [Line Items]
Restructuring Charges net of adjustments			232	52
Payments			96	77	41
Restructuring charges			509	92	$ 13
Total Continuing Operations | Cable Network Programming Segment | STAR | License Fees
Restructuring Cost And Reserve [Line Items]
Restructuring Charges net of adjustments			$ 160
Total Continuing Operations | Direct Broadcast Satellite Television Segment | License Fees
Restructuring Cost And Reserve [Line Items]
Restructuring charges				$ 81
[1]	See Note 5 – Restructuring Programs.

Restructuring Programs (Schedul

Restructuring Programs (Schedule of Changes in Program Liabilities) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Restructuring Reserve [Roll Forward]
Restructuring liabilities, beginning balance		$ (137)	$ (162)	$ (249)
Additions		(509)	(92)	(13)
Payments		96	77	41
Other	[1]		40
Separation of News Corp				59
Dispositions and other		21
Restructuring liabilities, ending balance		(529)	(137)	(162)
Total Continuing Operations
Restructuring Reserve [Roll Forward]
Restructuring liabilities, beginning balance		(137)	(162)	(190)
Additions		(509)	(92)	(13)
Payments		96	77	41
Other	[1]		40
Dispositions and other		21
Restructuring liabilities, ending balance		(529)	(137)	(162)
Total Continuing Operations | One-time Termination Benefits
Restructuring Reserve [Roll Forward]
Restructuring liabilities, beginning balance		(2)	(4)	(13)
Additions		(48)	(3)	(3)
Payments		36	5	12
Dispositions and other		1
Restructuring liabilities, ending balance		(13)	(2)	(4)
Total Continuing Operations | Facility costs and license fees
Restructuring Reserve [Roll Forward]
Restructuring liabilities, beginning balance		(135)	(158)	(177)
Additions		(461)	(89)	(10)
Payments		60	72	29
Other	[1]		40
Dispositions and other		20
Restructuring liabilities, ending balance		$ (516)	$ (135)	(158)
Discontinued Operations
Restructuring Reserve [Roll Forward]
Restructuring liabilities, beginning balance				(59)
Separation of News Corp				$ 59
[1]	Primarily related to a change in assumptions related to the facility termination obligations of the Company’s formerly owned digital media properties.

Inventories, Net (Schedule of I

Inventories, Net (Schedule of Inventories, Net) (Details) - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014
Inventory Disclosure [Abstract]
Programming rights		$ 5,496	$ 5,812
DVDs, Blu-rays and other merchandise		67	81
Films:
Released		1,094	1,025
Completed, not released		27	317
In production		1,170	819
In development or preproduction		185	151
Films, Total		2,476	2,312
Television productions:
Released		868	862
In production		252	463
In development or preproduction		1	4
Television productions, Total		1,121	1,329
Total filmed entertainment costs, less accumulated amortization	[1]	3,597	3,641
Total inventories, net		9,160	9,534
Less: current portion of inventories, net	[2]	(2,749)	(3,092)
Total non-current inventories, net		$ 6,411	$ 6,442
[1]	Does not include $304 million and $335 million of net intangible film library costs as of June 30, 2015 and 2014, respectively, which were included in intangible assets subject to amortization in the Consolidated Balance Sheets.
[2]	Current portion of inventories, net as of June 30, 2015 and 2014 was comprised of programming rights ($2,682 million and $3,011 million, respectively), DVDs, Blu-rays and other merchandise.

Inventories, Net (Schedule of70

Inventories, Net (Schedule of Inventories, Net) (Parenthetical) (Details) - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014
Inventory [Line Items]
Intangible assets subject to amortization, net		$ 2,699	$ 4,211
Current portion of inventories, net	[1]	2,749	3,092
Acquired Film Libraries
Inventory [Line Items]
Intangible assets subject to amortization, net		304	335
Programming Rights
Inventory [Line Items]
Current portion of inventories, net		$ 2,682	$ 3,011
[1]	Current portion of inventories, net as of June 30, 2015 and 2014 was comprised of programming rights ($2,682 million and $3,011 million, respectively), DVDs, Blu-rays and other merchandise.

Inventories, Net (Narrative) (D

Inventories, Net (Narrative) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2013
Inventory [Line Items]
Percentage of filmed entertainment costs from the completed films to be amortized in next year		64.00%
Percentage of released filmed entertainment costs to be amortized in the next three fiscal years		90.00%
Accrued participation liabilities, due in next operating cycle		$ 1,260
Asset Impairment Charges	[1]	270	$ 35
Entertainment Programming Rights
Inventory [Line Items]
Asset Impairment Charges		$ 270
[1]	See Note 6 – Inventories, Net and Note 10 – Goodwill and Intangible Assets, Net.

Investments (Schedule of Invest

Investments (Schedule of Investments) (Details) - USD ($) $ in Millions		Jun. 30, 2015		Jul. 31, 2014	Jun. 30, 2014
Investment Holdings [Line Items]
Other investments		$ 441			$ 500
Total investments		$ 4,529			2,859
Sky
Investment Holdings [Line Items]
Percentage of ownership		39.00%	[1],[2]	39.00%
Equity method investments	[1],[2]	$ 3,382			$ 2,359
Endemol Shine Group
Investment Holdings [Line Items]
Percentage of ownership	[1],[3]	50.00%
Equity method investments	[1],[3]	$ 706
[1]	Equity method investment.
[2]	The Company’s investment in Sky had a market value of $11 billion as of June 30, 2015 and was valued using the quoted market price on the London Stock Exchange (a Level 1 measurement as defined in Note 8 – Fair Value). For fiscal 2015 and 2014, the Company received dividends from Sky of approximately $335 million and $317 million, respectively.
[3]	See Note 3 – Acquisitions, Disposals and Other Transactions.

Investments (Schedule of Inve73

Investments (Schedule of Investments) (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Investment Holdings [Line Items]
Cash distributions received from affiliates	$ 352	$ 358	$ 324
Sky
Investment Holdings [Line Items]
Market value of equity method investments	11,000
Cash distributions received from affiliates	$ 335	$ 317

Investments (Schedule of Equity

Investments (Schedule of Equity Earnings) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Schedule Of Equity Method Investments [Line Items]
Equity earnings of affiliates	$ 904	$ 622	$ 655
Sky
Schedule Of Equity Method Investments [Line Items]
Equity earnings of affiliates	1,139	619	902
Other equity affiliates
Schedule Of Equity Method Investments [Line Items]
Equity earnings of affiliates	$ (235)	$ 3	$ (247)

Investments (Schedule of Equi75

Investments (Schedule of Equity Earnings) (Narratives) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity [Abstract]
Amortization of Intangible Assets	$ 303	$ 401	$ 183
Affiliated Entity
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity [Abstract]
Equity method investment, difference between carrying amount and underlying equity	1,200	1,300
Amortization of Intangible Assets	$ 16	$ 46	$ 39
Affiliated Entity | Weighted Average
Equity Method Investment, Difference Between Carrying Amount and Underlying Equity [Abstract]
Useful life of amortizable intangible assets	14 years	13 years

Investments (Narratives) (Detai

Investments (Narratives) (Details) - USD ($) $ in Millions		1 Months Ended			12 Months Ended
		Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2012	Jun. 30, 2015		Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Investment Holdings [Line Items]
Equity earnings of affiliates					$ 904		$ 622	$ 655
Investment in minority equity interest					$ 78		65	155
Sky
Investment Holdings [Line Items]
Percentage of ownership			39.00%		39.00%	[1],[2]
Proceeds from sale of equity method investments							170	385
Gain (loss) on exchange or sale of business							134	306
Equity earnings of affiliates					$ 1,139		619	902
Investments in equity affiliates			$ 900
Stock repurchased during period, shares					0
Sky | Sky Betting & Gaming, ITV plc and NGC International
Investment Holdings [Line Items]
Equity earnings of affiliates					$ 790
NDS Group Limited
Investment Holdings [Line Items]
Percentage of ownership				49.00%
Proceeds from sale of equity method investments				$ 1,900
Gain (loss) on exchange or sale of business	[3]						(30)	1,446
Cash received from escrow							$ 30
NDS Group Limited | Escrow
Investment Holdings [Line Items]
Proceeds from sale of equity method investments				$ 60
DraftKings, Inc. | Subsequent Event
Investment Holdings [Line Items]
Investment in minority equity interest		$ 150
DraftKings, Inc. | Subsequent Event | Minimum
Investment Holdings [Line Items]
Committed amount for investment		$ 250
MundoFox Broadcasting LLC
Investment Holdings [Line Items]
Percentage of ownership					50.00%
Gain (loss) on exchange or sale of business	[3]				$ (85)
Payments for fees to exit equity method investments					75
Bona Film Group
Investment Holdings [Line Items]
Proceeds from sale of available-for-sale investments					$ 70
CMC-News Asia Holdings Limited
Investment Holdings [Line Items]
Percentage of ownership							47.00%
STATS LLC
Investment Holdings [Line Items]
Percentage of ownership							50.00%
Gain (loss) on exchange or sale of business	[3]						$ 112
STAR CJ Network India Pvt. Ltd.
Investment Holdings [Line Items]
Percentage of ownership							50.00%
CMC News Asia Holdings Limited and STATS LLC and STAR CJ Network India Pvt. Ltd
Investment Holdings [Line Items]
Proceeds from sale of equity method investments							$ 255
Phoenix Satellite Television Holdings Ltd.
Investment Holdings [Line Items]
Proceeds from sale of available-for-sale investments							$ 210	$ 90
Percentage of ownership in an investment accounted for as an available for sale security							12.00%	12.00%	18.00%
Gain (loss) on sale of available for sale investment	[3]						$ 199	$ 81
Vice Holdings Inc.
Investment Holdings [Line Items]
Investment in minority equity interest								$ 70
[1]	Equity method investment.
[2]	The Company’s investment in Sky had a market value of $11 billion as of June 30, 2015 and was valued using the quoted market price on the London Stock Exchange (a Level 1 measurement as defined in Note 8 – Fair Value). For fiscal 2015 and 2014, the Company received dividends from Sky of approximately $335 million and $317 million, respectively.
[3]	See Note 7 – Investments.

Investments (Schedule of Summar

Investments (Schedule of Summarized Financial Information) (Details) - Affiliated Entity - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Equity Method Investment, Summarized Financial Information [Abstract]
Revenues	$ 15,962	$ 12,402	$ 11,342
Operating income	1,527	1,887	2,024
Income from continuing operations	2,899	1,332	1,535
Net income	2,899	1,332	$ 1,535
Current assets	7,160	4,401
Non-current assets	18,337	7,679
Current liabilities	6,922	4,309
Non-current liabilities	$ 12,401	$ 4,889

Fair Value (Schedule of Financi

Fair Value (Schedule of Financial Assets and Liabilities Carried at Fair Value on a Recurring Basis) (Details) - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Liabilities
Redeemable noncontrolling interests		$ (621)	$ (541)	$ (519)	$ (641)
Fair value measurements recurring
Assets
Investments	[1]	18	124
Derivatives	[2]	4
Liabilities
Derivatives	[2]	(34)	(10)
Contingent consideration		(114)	(134)
Redeemable noncontrolling interests		(621)	(541)
Total		(747)	(561)
Fair value measurements recurring | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Assets
Investments	[1]	18	124
Liabilities
Total		18	124
Fair value measurements recurring | Significant Other Observable Inputs (Level 2)
Assets
Derivatives	[2]	4
Liabilities
Derivatives	[2]	(34)	(10)
Total		(30)	(10)
Fair value measurements recurring | Significant Unobservable Inputs (Level 3)
Liabilities
Contingent consideration		(114)	(134)
Redeemable noncontrolling interests		(621)	(541)
Total		$ (735)	$ (675)
[1]	Available-for-sale securities. Bona was the significant available-for-sale security as of June 30, 2014 (See Note 7 – Investments).
[2]	Represents derivatives associated with the Company’s foreign currency forward contracts and interest rate swap contracts.

Fair Value (Liabilities Measure

Fair Value (Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning of year		$ (541)	$ (519)	$ (641)
Net income attributable to redeemable noncontrolling interests		(109)	(95)	(93)
Issuance of redeemable noncontrolling interests		(75)
Distributions and other	[1]	104	73	215
End of year		(621)	(541)	(519)
Changes in Contingent Consideration Classified as Level 3 Measurements
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning of year		(134)	(84)
Payments		39	1
Measurement adjustments and foreign exchange movements		(19)	(51)
End of year		$ (114)	$ (134)	$ (84)
[1]	The redeemable noncontrolling interest in Asianet Communications was redeemed in fiscal 2013 and as a result, $186 million was reclassified out of Redeemable noncontrolling interests.

Fair Value (Liabilities Measu80

Fair Value (Liabilities Measured on Recurring Basis) (Parenthetical) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Reclassified out of redeemable noncontrolling	[1]	$ (104)	$ (73)	$ (215)
Asianet Communications
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Reclassified out of redeemable noncontrolling				$ 186
[1]	The redeemable noncontrolling interest in Asianet Communications was redeemed in fiscal 2013 and as a result, $186 million was reclassified out of Redeemable noncontrolling interests.

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details) - 12 months ended Jun. 30, 2015	Total
Minority shareholder's put right exercisable period
Minority shareholder's put right exercisable period	As of June 30, 2015, one minority shareholder’s put right is currently exercisable and another minority shareholder’s put right will become exercisable in March 2016. The remaining redeemable noncontrolling interests are currently not exercisable.
Foreign Currency Cash Flow Hedges [Abstract]
Number of years to reclassify the cumulative change in fair value of cash flow hedges, foreign currency forward contracts	3 years
Number of years to reclassify the cumulative change in fair value of cash flow hedges, interest rate swap	5 years
Minimum | Significant Unobservable Inputs (Level 3) | Redeemable Noncontrolling Interests
Fair value inputs, quantitative information:
OIBDA growth rates	3.00%
Fair Value Inputs Discount Rate	8.00%
Maximum | Significant Unobservable Inputs (Level 3) | Redeemable Noncontrolling Interests
Fair value inputs, quantitative information:
OIBDA growth rates	9.00%
Fair Value Inputs Discount Rate	10.00%

Fair Value (Borrowings) (Detail

Fair Value (Borrowings) (Details) - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014
Fair Value Disclosures [Abstract]
Fair value of borrowings		$ 21,998	$ 22,692
Carrying value of borrowings	[1]	$ 19,039	$ 19,058
[1]	Borrowings are payable in U.S. dollars except for the Sky Deutschland credit agreement which was payable in Euros as discussed within Bank loans below.

Fair Value (Schedule of Finan83

Fair Value (Schedule of Financial Instruments Used to Hedge Certain Exposures to Foreign Currency Exchange Risks) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Derivatives Fair Value [Line Items]
Derivative Fair Value Net Asset (Liability)	$ (30)	$ (10)	$ 3
Foreign Currency Forward Contracts | Economic hedges
Derivatives Fair Value [Line Items]
Derivative Notional Amount		305
Derivative Fair Value Net Asset (Liability)		(1)
Foreign Currency Forward Contracts | Cash Flow Hedges | Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Derivative Notional Amount	903	393
Derivative Fair Value Net Asset (Liability)	(13)	$ (3)
Foreign Currency Forward Contracts | Net Investment Hedges | Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Derivative Notional Amount	198
Derivative Fair Value Net Asset (Liability)	$ (13)

Fair Value (Schedule of Finan84

Fair Value (Schedule of Financial Instruments Used to Hedge Certain Exposures to Interest Rate Risks) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Derivatives Fair Value [Line Items]
Derivative Fair Value Net Asset (Liability)	$ (30)	$ (10)	$ 3
Interest Rate Swap Contracts | Economic hedges
Derivatives Fair Value [Line Items]
Derivative Notional Amount	255	270
Derivative Fair Value Net Asset (Liability)	0	0
Interest Rate Swap Contracts | Cash Flow Hedges | Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Derivative Notional Amount	723	308
Derivative Fair Value Net Asset (Liability)	$ (4)	$ (6)

Fair Value (Changes in Fair Val

Fair Value (Changes in Fair Value of Derivatives) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015		Jun. 30, 2014		Jun. 30, 2013
Changes In Fair Value Of Derivatives Rollforward
Beginning of year		$ (10)		$ 3
Changes in fair value recorded in accumulated other comprehensive loss, net of settlements	[1]	92		(24)
Reclassified (gains) losses from accumulated other comprehensive loss to net income	[2]	(112)	[1]	14	[1]	$ (13)
Other				(3)
End of year		$ (30)		$ (10)		$ 3
[1]	The fiscal 2015 activity primarily relates to net investment hedges associated with the DBS segment sold in November 2014.
[2]	Reclassifications of amounts related to hedging activity are included in Operating expenses, Selling, general and administrative expenses or Other, net, as appropriate, in the Consolidated Statements of Operations for fiscal 2015, 2014 and 2013 (See Note 8 – Fair Value for additional information regarding hedging activity).

Property, Plant and Equipment86

Property, Plant and Equipment, Net (Property, Plant and Equipment, Net) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Property Plant And Equipment [Line Items]
Land	$ 142	$ 142
Total property, plant and equipment, gross	4,079	8,086
Machinery and equipment	2,620	6,571
Less: accumulated depreciation and amortization	(2,466)	(5,300)
Total property, plant and equipment, net, before construction in progress	1,613	2,786
Construction in progress	109	145
Total property, plant and equipment, net	$ 1,722	2,931
Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Buildings and Leaseholds
Property Plant And Equipment [Line Items]
Total property, plant and equipment, gross	$ 1,317	$ 1,373
Buildings and Leaseholds | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Buildings and Leaseholds | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Machinery and equipment | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Machinery and equipment | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, useful life	15 years

Property, Plant and Equipment87

Property, Plant and Equipment, Net (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Property Plant And Equipment [Line Items]
Depreciation and amortization of property, plant and equipment	$ 433	$ 741	$ 614
Operating lease expense	260	365	385
DBS Segment | Set-top boxes
Property Plant And Equipment [Line Items]
Expense recognized related to depreciation of set top boxes in the direct broadcast satellite television segment	$ 101	$ 308	$ 240

Goodwill and Intangible Asset88

Goodwill and Intangible Assets, Net (Schedule of Changes in Carrying Value of Intangible Assets and Related Accumulated Amortization Excluding Goodwill) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Intangible assets not subject to amortization, rollforward
Intangible assets not subject to amortization, beginning		$ 3,861
Intangible assets not subject to amortization, acquisitions	[1]	106
Intangible assets not subject to amortization, dispositions	[1]	(318)
Intangible assets not subject to amortization, foreign exchange movements and other		(28)
Intangible assets not subject to amortization, ending		3,621	$ 3,861
Amortizable intangible assets, net, rollforward
Amortizable intangible assets, net, beginning		4,211
Amortizable intangible assets, net, acquisitions	[1]	99
Amortizable intangible assets, net, dispositions	[1]	(1,138)
Amortizable intangible assets, net, amortization		(303)	(401)	$ (183)
Amortizable intangible assets, net, foreign exchange movements and other		(170)
Amortizable intangible assets, net, ending		2,699	4,211
Total intangible assets, net rollforward
Total intangible assets, net, beginning		8,072
Intangible assets, net, acquisitions	[1]	205
Intangible assets, net, dispositions	[1]	(1,456)
Amortizable intangible assets, net, amortization		(303)	(401)	$ (183)
Intangible assets, net, foreign exchange movements and other		(198)
Total intangible assets, net, ending		6,320	8,072
MVPD affiliate agreements and relationships
Amortizable intangible assets, net, rollforward
Amortizable intangible assets, net, beginning	[2]	2,082
Amortizable intangible assets, net, amortization	[2]	(134)
Amortizable intangible assets, net, ending	[2]	1,948	2,082
Total intangible assets, net rollforward
Amortizable intangible assets, net, amortization	[2]	(134)
Other intangible assets, net
Amortizable intangible assets, net, rollforward
Amortizable intangible assets, net, beginning	[3]	2,129
Amortizable intangible assets, net, acquisitions	[1],[3]	99
Amortizable intangible assets, net, dispositions	[1],[3]	(1,138)
Amortizable intangible assets, net, amortization	[3]	(169)
Amortizable intangible assets, net, foreign exchange movements and other	[3]	(170)
Amortizable intangible assets, net, ending	[3]	751	2,129
Total intangible assets, net rollforward
Amortizable intangible assets, net, amortization	[3]	(169)
FCC Licenses
Intangible assets not subject to amortization, rollforward
Intangible assets not subject to amortization, beginning		2,398
Intangible assets not subject to amortization, acquisitions	[1]	104
Intangible assets not subject to amortization, dispositions	[1]	(94)
Intangible assets not subject to amortization, ending		2,408	2,398
Other Intangible assets not subject to amortization
Intangible assets not subject to amortization, rollforward
Intangible assets not subject to amortization, beginning		1,463
Intangible assets not subject to amortization, acquisitions	[1]	2
Intangible assets not subject to amortization, dispositions	[1]	(224)
Intangible assets not subject to amortization, foreign exchange movements and other		(28)
Intangible assets not subject to amortization, ending		$ 1,213	$ 1,463
[1]	See Note 3 – Acquisitions, Disposals and Other Transactions.
[2]	Net of accumulated amortization of $501 million and $367 million as of June 30, 2015 and 2014, respectively. The average useful life of the MVPD affiliate agreements and relationships ranges from 10 to 20 years.
[3]	Net of accumulated amortization of $519 million and $791 million as of June 30, 2015 and 2014, respectively. The average useful life of other intangible assets ranges from 5 to 20 years.

Goodwill and Intangible Asset89

Goodwill and Intangible Assets, Net (Schedule of Changes in Carrying Value of Intangible Assets and Related Accumulated Amortization Excluding Goodwill) (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
MVPD affiliate agreements and relationships
Acquired Finite Lived Intangible Assets [Line Items]
Accumulated amortization of amortizable intangible assets	$ 501	$ 367
MVPD affiliate agreements and relationships | Minimum
Acquired Finite Lived Intangible Assets [Line Items]
Useful life of amortizable intangible assets	10 years
MVPD affiliate agreements and relationships | Maximum
Acquired Finite Lived Intangible Assets [Line Items]
Useful life of amortizable intangible assets	20 years
Other intangible assets, net
Acquired Finite Lived Intangible Assets [Line Items]
Accumulated amortization of amortizable intangible assets	$ 519	$ 791
Other intangible assets, net | Minimum
Acquired Finite Lived Intangible Assets [Line Items]
Useful life of amortizable intangible assets	5 years
Other intangible assets, net | Maximum
Acquired Finite Lived Intangible Assets [Line Items]
Useful life of amortizable intangible assets	20 years

Goodwill and Intangible Asset90

Goodwill and Intangible Assets, Net (Intangible Assets, Net Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Finite Lived Intangible Assets [Line Items]
Amortization of finite-lived intangible assets	$ 303	$ 401	$ 183
Sky Deutschland
Finite Lived Intangible Assets [Line Items]
Business acquisition purchase price allocation amortizable intangible assets		1,700
Deferred tax liabilities		$ 400

Goodwill and Intangible Asset91

Goodwill and Intangible Assets, Net (Schedule of Estimated Amortization Expenses) (Details) $ in Millions		Jun. 30, 2015USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Estimated amortization expense in fiscal 2016	[1]	$ 235
Estimated amortization expense in fiscal 2017	[1]	228
Estimated amortization expense in fiscal 2018	[1]	224
Estimated amortization expense in fiscal 2019	[1]	221
Estimated amortization expense in fiscal 2020	[1]	$ 213
[1]	These amounts may vary as acquisitions and dispositions occur in the future and as purchase price allocations are finalized.

Goodwill and Intangible Asset92

Goodwill and Intangible Assets, Net (Schedule of Changes in Carrying Value of Goodwill by Segment) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Goodwill [Roll Forward]
Goodwill, beginning balance	$ 18,052	$ 17,255
Acquisitions	92	1,620
Dispositions	(5,074)
Foreign exchange movements and Other	(557)	357
Adjustments		(1,180)
Goodwill, ending balance	12,513	18,052
Operating Segments | Cable Network Programming Segment
Goodwill [Roll Forward]
Goodwill, beginning balance	9,551	7,753
Acquisitions	87	1,620
Foreign exchange movements and Other	(38)	19
Adjustments		159
Goodwill, ending balance	9,600	9,551
Operating Segments | Television Segment
Goodwill [Roll Forward]
Goodwill, beginning balance	1,882	1,882
Acquisitions	5
Dispositions	(55)
Goodwill, ending balance	1,832	1,882
Operating Segments | Filmed Entertainment Segment
Goodwill [Roll Forward]
Goodwill, beginning balance	1,594	1,537
Dispositions	(471)
Foreign exchange movements and Other	(42)	57
Goodwill, ending balance	1,081	1,594
Operating Segments | Direct Broadcast Satellite Television Segment
Goodwill [Roll Forward]
Goodwill, beginning balance	4,994	6,052
Dispositions	(4,548)
Foreign exchange movements and Other	(446)	281
Adjustments		(1,339)
Goodwill, ending balance		4,994
Other, Corporate and Eliminations Segment
Goodwill [Roll Forward]
Goodwill, beginning balance	31	31
Foreign exchange movements and Other	$ (31)
Goodwill, ending balance		$ 31

Goodwill and Intangible Asset93

Goodwill and Intangible Assets, Net (Goodwill Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2013	Jun. 30, 2015	Jun. 30, 2014
Goodwill [Line Items]
Accumulated impairment loss, goodwill	$ 371	$ 371	$ 371
Digital Media Group
Annual impairment review
Goodwill, Impairment Loss	$ 35

Borrowings (Schedule of Borrowi

Borrowings (Schedule of Borrowings) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Total borrowings	[1]	$ 19,039	$ 19,058
Less: current portion		(244)	(799)
Long-term borrowings		18,795	18,259
Bank loans
Debt Instrument [Line Items]
Total borrowings		1,560	1,434
Senior Notes
Debt Instrument [Line Items]
Senior notes		17,479	17,029
Senior Notes | Public debt - Predecessor indentures
Debt Instrument [Line Items]
Senior notes		$ 10,779	11,529
Weighted average interest rate		7.14%
Senior Notes | Public debt - Predecessor indentures | Minimum
Debt Instrument [Line Items]
Debt instrument maturity year		2,015
Senior Notes | Public debt - Predecessor indentures | Maximum
Debt Instrument [Line Items]
Debt instrument maturity year		2,096
Senior Notes | Public debt - Senior notes issued under August 2009 indenture
Debt Instrument [Line Items]
Senior notes		$ 6,700	5,500
Weighted average interest rate		4.95%
Senior Notes | Public debt - Senior notes issued under August 2009 indenture | Minimum
Debt Instrument [Line Items]
Debt instrument maturity year		2,020
Senior Notes | Public debt - Senior notes issued under August 2009 indenture | Maximum
Debt Instrument [Line Items]
Debt instrument maturity year		2,044
Other Borrowings
Debt Instrument [Line Items]
Other borrowings			$ 595
[1]	Borrowings are payable in U.S. dollars except for the Sky Deutschland credit agreement which was payable in Euros as discussed within Bank loans below.

Borrowings (Narrative) (Details

Borrowings (Narrative) (Details) € in Millions

Aug. 25, 2009

Jun. 30, 2015USD ($)

Dec. 31, 2014USD ($)

Sep. 30, 2014USD ($)

Sep. 30, 2013USD ($)

Jun. 30, 2015USD ($)

May. 31, 2015USD ($)OneYearPeriods

Nov. 30, 2014USD ($)

Jun. 30, 2014USD ($)

Jun. 30, 2014EUR (€)

Feb. 28, 2014USD ($)

Jan. 31, 2013EUR (€)

Senior Notes | Public debt - Predecessor indentures

Debt Instrument [Line Items]

Early redemption upon change of control, percent of principal

101.00%

Restriction on secured indebtedness as a percentage of tangible assets

10.00%

Senior Notes | 5.30% Due 2014

Debt Instrument [Line Items]

Senior notes current

$ 750,000,000

Maturities of senior debt

$ 750,000,000

Stated interest rate of debt instrument

5.30%

5.30%

Senior notes retired date

Dec. 31, 2014

Senior Notes | Public debt - Senior notes issued under August 2009 indenture

Debt Instrument [Line Items]

Early redemption upon change of control, percent of principal

101.00%

Indenture date

Aug. 25, 2009

Senior Notes | 3.70% Due 2024 | 21st Century Fox America, Inc.

Debt Instrument [Line Items]

Stated interest rate of debt instrument

3.70%

Face amount of debt

$ 600,000,000

Senior notes, maturity year

2,024

Senior Notes | 4.75% Due 2044 | 21st Century Fox America, Inc.

Debt Instrument [Line Items]

Stated interest rate of debt instrument

4.75%

Face amount of debt

$ 600,000,000

Senior notes, maturity year

2,044

Senior Notes | 3.70% Due 2024 and 4.75% Due 2044 | 21st Century Fox America, Inc.

Debt Instrument [Line Items]

Net proceeds from issuance of senior notes

$ 1,190,000,000

Senior Notes | 4.00% Due 2023 | 21st Century Fox America, Inc.

Debt Instrument [Line Items]

Stated interest rate of debt instrument

4.00%

Face amount of debt

$ 300,000,000

Senior notes, maturity year

2,023

Senior Notes | 5.40% Due 2043 | 21st Century Fox America, Inc.

Debt Instrument [Line Items]

Stated interest rate of debt instrument

5.40%

Face amount of debt

$ 700,000,000

Senior notes, maturity year

2,043

Senior Notes | 4.00% Due 2023 and 5.40% Due 2043 | 21st Century Fox America, Inc.

Debt Instrument [Line Items]

Net proceeds from issuance of senior notes

$ 987,000,000

Senior Notes | 7.60% Due 2015

Debt Instrument [Line Items]

Senior notes current

$ 200,000,000

$ 200,000,000

Stated interest rate of debt instrument

7.60%

7.60%

Senior notes, maturity date

Oct. 31, 2015

Yes Network

Debt Instrument [Line Items]

Business combination, borrowings

$ 1,700,000,000

Yes Network | Other Borrowings

Debt Instrument [Line Items]

Business combination, borrowings

$ 605,000,000

Face amount of debt

$ 525,000,000

$ 525,000,000

Debt Instrument Effective Interest Rate

5.75%

Early Repayment of Subordinated Debt

559,000,000

Yes Network | $1.765 Billion Credit Agreement

Debt Instrument [Line Items]

Secured credit facility, maturity date

Dec. 31, 2019

Maximum borrowing capacity under the credit facility

$ 1,765,000,000

Yes Network | $1.765 Billion Credit Agreement | Term Loans

Debt Instrument [Line Items]

Total borrowings

1,400,000,000

$ 1,400,000,000

Principal payment

44,000,000

44,000,000

Yes Network | $1.765 Billion Credit Agreement | Delayed Draw Term Loan

Debt Instrument [Line Items]

Maximum borrowing capacity under the credit facility

560,000,000

$ 560,000,000

Revolving Credit Facility | Credit Facility $2 Billion | 21st Century Fox America, Inc.

Debt Instrument [Line Items]

Limit on revolving credit facility

$ 2,000,000,000

Revolving Credit Facility | Credit Facility $1.4 Billion Due May 2020 | 21st Century Fox America, Inc.

Debt Instrument [Line Items]

Limit on revolving credit facility

1,400,000,000

Sub-limit for maximum amount of letters of credit issuable under revolving credit facility

250,000,000

Secured credit facility, maturity date

May 31, 2020

Maximum borrowing capacity under the credit facility

$ 2,000,000,000

Facility fee (percentage)

0.125%

Maturity extension number of one year periods | OneYearPeriods

2

Premium over LIBOR for initial drawn cost on borrowings on unsecured revolving credit facility (percentage)

1.125%

Revolving Credit Facility | Sky Deutschland

Debt Instrument [Line Items]

Limit on revolving credit facility | €

€ 300

Sub-limit for maximum amount of letters of credit issuable under revolving credit facility | €

€ 75

Secured credit facility, maturity date

Feb. 28, 2018

Outstanding under line of credit agreement

$ 308,000,000

€ 225

Disposal date

Nov. 12, 2014

Revolving Credit Facility | Yes Network

Debt Instrument [Line Items]

Business combination, borrowings

$ 1,100,000,000

Revolving Credit Facility | Yes Network | $1.765 Billion Credit Agreement

Debt Instrument [Line Items]

Outstanding under line of credit agreement

115,000,000

$ 115,000,000

Maximum borrowing capacity under the credit facility

$ 305,000,000

$ 305,000,000

Facility fee (percentage)

0.375%

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) $ / shares in Units, $ in Billions	1 Months Ended	12 Months Ended
	Aug. 12, 2015USD ($)$ / shares	Jun. 30, 2015USD ($)ClassStockholders$ / sharesshares	Jun. 30, 2014$ / sharesshares	Jun. 30, 2013$ / sharesshares	Aug. 31, 2014USD ($)
Class Of Stock [Line Items]
Number of classes of common stock | Class		2
Preferred Stock
Preferred stock, shares authorized | shares		100,000,000
Preferred stock, par or stated value per share		$ 0.01
Temporary Suspension of Voting Rights [Abstract]
Broadcast station licensee ownership threshold		25.00%
Delisting From Australian Securities Exchange [Abstract]
Delisting From Australian Securities Exchange		May 8, 2014
Class A Common Stock
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Holders of record common stock | Stockholders		36,000
Stock Repurchase Program [Abstract]
Stock repurchase program, authorized repurchase amount | $					$ 6
Stock repurchase program, remaining authorized amount | $		$ 0.6
Total number of shares repurchased | shares		172,000,000	115,000,000	81,000,000
Dividends [Abstract]
Cash dividend declared per share		$ 0.275	$ 0.250	$ 0.170
Class A Common Stock | Subsequent Event
Stock Repurchase Program [Abstract]
Stock repurchase program, authorized repurchase amount | $	$ 5
Stock repurchase program, maturity date	2016-08
Dividends [Abstract]
Cash dividend declared per share	$ 0.150
Cash dividend payable date	Oct. 14, 2015
Cash dividend record date	Sep. 9, 2015
Class B Common Stock
Common Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Holders of record common stock | Stockholders		11,300
Stock Repurchase Program [Abstract]
Total number of shares repurchased | shares		0	0	0
Dividends [Abstract]
Cash dividend declared per share		$ 0.275	$ 0.250	$ 0.170
Class B Common Stock | Murdoch Family Interests
Temporary Suspension of Voting Rights [Abstract]
Aggregate percentage vote of outstanding shares not subject to suspension of voting rights		39.10%
Class B Common Stock | Non U S Stockholders
Temporary Suspension of Voting Rights [Abstract]
Percentage of suspended voting rights		10.00%
Class B Common Stock | Subsequent Event
Dividends [Abstract]
Cash dividend declared per share	$ 0.150
Cash dividend payable date	Oct. 14, 2015
Cash dividend record date	Sep. 9, 2015

Stockholders' Equity (Summary o

Stockholders' Equity (Summary of Repurchases of Class A Common Stock) (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Equity Class Of Treasury Stock [Line Items]
Total cost of repurchases	$ 5,939	$ 3,772	$ 2,026
Class A Common Stock
Equity Class Of Treasury Stock [Line Items]
Total cost of repurchases	$ 5,939	$ 3,772	$ 2,026
Total number of shares repurchased	172	115	81

Stockholders' Equity (Schedule

Stockholders' Equity (Schedule of Dividends Declared and Paid) (Details) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Class A Common Stock
Class Of Stock [Line Items]
Cash dividend declared per share	$ 0.275	$ 0.250	$ 0.170
Cash dividend paid per share	0.275	0.250	0.170
Class B Common Stock
Class Of Stock [Line Items]
Cash dividend declared per share	0.275	0.250	0.170
Cash dividend paid per share	$ 0.275	$ 0.250	$ 0.170

Stockholders' Equity (Other Com

Stockholders' Equity (Other Comprehensive Income) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015		Jun. 30, 2014		Jun. 30, 2013
Foreign currency translation adjustments
Unrealized (losses) gains on foreign currency translation, before reclassification adjustment, before tax		$ (1,740)		$ 664		$ (877)
Amount reclassified on hedging activity, before tax	[1]	(112)	[2]	14	[2]	(13)
Amount reclassified on dispositions, before tax	[3]	(253)				10
Foreign currency translation adjustments, after reclassification, before tax	[4]	(2,105)		678		(880)
Unrealized (losses) gains on foreign currency translation, before reclassification adjustment, tax		289		(74)		2
Amount reclassified on hedging activity, tax	[1]	4		(6)		4
Foreign currency translation adjustments, after reclassification, tax	[4]	293		(80)		6
Unrealized (losses) gains on foreign currency translation, before reclassification adjustment, net of tax		(1,451)		590		(875)
Amount reclassified on hedging activity, net of tax	[1]	(108)		8		(9)
Amount reclassified on dispositions, net of tax	[3]	(253)				10
Foreign currency translation adjustments, after reclassification adjustments, net of tax	[4]	(1,812)		598		(874)
Gains and losses on securities
Unrealized gains (losses) on securities, before reclassification adjustment, before tax		235		71		(71)
Amount reclassified on sale of securities, before tax	[3]	(325)		(200)
Unrealized (losses) gains on securities, after reclassification adjustment, before tax		(90)		(129)		(71)
Unrealized gains (losses) on securities, before reclassification adjustment, tax		(82)		(25)		26
Amount reclassified on sale of securities, tax	[3]	114		70
Unrealized (losses) gains on securities, after reclassification adjustment, tax		32		45		26
Unrealized gains (losses) on securities, net of tax		153		46		(45)
Amount reclassified on sale of securities, net of tax	[3]	(211)		(130)
Unrealized losses on securities, after reclassification adjustment, net of tax		(58)		(84)		(45)
Benefit plan adjustments
Benefit plan adjustments unrealized (losses) gains, before benefit plan adjustments adjustment, before tax		(102)		(210)		374
Benefit plan reclassification adjustment realized in net income, before tax	[5]	285		45		103
Benefit plan adjustments, after reclassification adjustment, before tax		183		(165)		477
Benefit plan adjustments unrealized (losses) gains, before benefit plan adjustments, tax		38		75		(138)
Benefit plan reclassification adjustment realized in net income, tax	[5]	(101)		(17)		(36)
Benefit plan adjustments, after reclassification adjustment, tax		(63)		58		(174)
Benefit plan adjustments unrealized (losses) gains on securities, before reclassification adjustment, net of tax		(64)		(135)		236
Benefit plan reclassification adjustment realized in net income, net of tax	[5]	184		28		67
Benefit plan adjustments, after reclassification adjustment, net of tax		$ 120		$ (107)		$ 303
[1]	Reclassifications of amounts related to hedging activity are included in Operating expenses, Selling, general and administrative expenses or Other, net, as appropriate, in the Consolidated Statements of Operations for fiscal 2015, 2014 and 2013 (See Note 8 – Fair Value for additional information regarding hedging activity).
[2]	The fiscal 2015 activity primarily relates to net investment hedges associated with the DBS segment sold in November 2014.
[3]	Reclassification of amounts related to dispositions and gains and losses on securities are included in Equity earnings of affiliates or Other, net, as appropriate, in the Consolidated Statements of Operations for fiscal 2015, 2014 and 2013.
[4]	Foreign currency translation adjustments include $(214) million, $122 million and $15 million for fiscal 2015, 2014 and 2013, respectively, relating to noncontrolling interests.
[5]	Reclassifications of amounts related to benefit plan adjustments are included in Selling, general and administrative expenses or Other, net, as appropriate, in the Consolidated Statements of Operations for fiscal 2015, 2014 and 2013 (See Note 16 – Pension And Other Postretirement Benefits for additional information).

Stockholders' Equity (Other 100

Stockholders' Equity (Other Comprehensive Income) (Parenthetical) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Equity [Abstract]
Foreign currency translation adjustments relating to noncontrolling interests	$ (214)	$ 122	$ 15

Stockholders' Equity (Component

Stockholders' Equity (Components of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Equity [Abstract]
Foreign currency translation adjustments	$ (1,168)	$ 430	$ (46)
Unrealized holding gains on securities	9	67	151
Benefit plan adjustments	(411)	(531)	(424)
Accumulated other comprehensive loss, net of tax	$ (1,570)	$ (34)	$ (319)

Equity-Based Compensation (Narr

Equity-Based Compensation (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Tax benefit on vested PSUs, RSUs and stock options	$ 110	$ 89	$ 66
Liability for cash-settled awards	$ 10	$ 165
Performance Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Performance period	3 years
Granted	4,100,000	4,900,000	8,200,000
Performance Stock Units | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Payout Range On Stock Based Compensation Awards	0.00%
Performance Stock Units | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Payout Range On Stock Based Compensation Awards	200.00%
Performance Stock Units and Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total compensation costs, not yet recognized, related to non-vested PSUs and RSUs for all plans presented	$ 75
Performance Stock Units and Restricted Stock Units | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted average future expense period of unrecognized stock-based compensation expense related to PSUs and RSUs (years)	1 year
Performance Stock Units and Restricted Stock Units | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted average future expense period of unrecognized stock-based compensation expense related to PSUs and RSUs (years)	2 years
Certain Executives | Performance Stock Units | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Payout Range On Stock Based Compensation Awards	150.00%
2013 Long-Term Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Maximum Number of Class A Common Stock Shares that may be issued under 2013 Plan	87,500,000
Remaining Number of Shares Available for Issuance Under 2013 Plan	85,200,000
Stock options outstanding	0
Settled In Cash | Performance Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vested	1,700,000	2,100,000
Cash used to settle vested Restricted Stock Units in the period	$ 59	$ 67	$ 0
2004 Stock Option Plan and 2004 Replacement Stock Option Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options outstanding	0	0
Intrinsic value of options outstanding			$ 29

Equity-Based Compensation (PSUs

Equity-Based Compensation (PSUs and RSUs Settled In Stock) (Details) - Performance Stock Units and Restricted Stock Units - Class A Common Stock - $ / shares shares in Thousands		12 Months Ended
		Jun. 30, 2015		Jun. 30, 2014		Jun. 30, 2013
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unvested units at beginning of the year		16,182	[1]	17,794	[1]	18,197
Number of shares, granted		4,061		4,677		7,680
Number of shares, vested	[2]	(6,812)		(5,680)		(6,208)
Number of shares, cancelled		(1,514)		(609)		(1,071)
Shares converted from cash-settled to stock-settled		2,107
Separation of News Corp						(2,586)
Shares granted in conversion, as a result of the separation of News Corp						1,782
Unvested units at the end of the year	[1]	14,024		16,182		17,794
Weighted Average Grant Date Fair Value [Abstract]
Weighted average grant-date fair value of unvested units at beginning of the year		$ 22.22	[1]	$ 16.19	[1]	$ 14.51
Weighted average grant-date fair value of units, granted		34.45		35.33		24.21
Weighted average grant-date fair value of units, vested	[2]	14.62		15.57		14.90
Weighted average grant-date fair value of units, cancelled		24.44		18.89		15.59
Weighted average grant-date fair value of units, Shares converted from cash-settled to stock-settled		31.52
Weighted average grant-date fair value of units, Separation of News Corp						20.34
Weighted average grant-date fair value of units granted in conversion, as a result of the Separation						16.19
Weighted average grant-date fair value of unvested units at end of the year	[1]	$ 30.61		$ 22.22		$ 16.19
[1]	The intrinsic value of unvested target PSUs and RSUs as of June 30, 2015 was approximately $455 million.
[2]	The fair value and intrinsic value of the Company’s PSUs that vested during fiscal 2015, 2014 and 2013 was $196 million, $21 million and nil, respectively. The fair value and intrinsic value of the Company’s RSUs that vested during fiscal 2015, 2014 and 2013 was $47 million, $160 million and $147 million, respectively. Included in the number of shares vested in fiscal 2014 was approximately 1 million shares issued to News Corp employees.

Equity-Based Compensation (P104

Equity-Based Compensation (PSUs and RSUs Settled In Stock) (Parenthetical) (Details) - Class A Common Stock - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total fair value of stock units vested during the period	$ 47	$ 160	$ 147
Total intrinsic value of stock units vested during the period	47	160	147
Performance Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total fair value of stock units vested during the period	196	21	0
Total intrinsic value of stock units vested during the period	196	$ 21	$ 0
Performance Stock Units and Restricted Stock Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Intrinsic value of unvested RSUs and target PSUs	$ 455
Performance Stock Units and Restricted Stock Units | News Corp
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares vesting held by News Corp employees		1

Equity-Based Compensation (Summ

Equity-Based Compensation (Summary of Equity-Based Compensation) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Equity-based compensation from continuing operations		$ 93	$ 205	$ 241
Cash received from exercise of equity-based compensation			35	181
Total intrinsic value of stock options exercised	[1]		$ 32	$ 73
[1]	The total intrinsic value of options exercised related to discontinued operations for fiscal 2014 and 2013 was $9 million and $23 million, respectively.

Equity-Based Compensation (S106

Equity-Based Compensation (Summary of Equity-Based Compensation) (Parenthetical) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2014	Jun. 30, 2013
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total intrinsic value of stock options exercised	[1]	$ 32	$ 73
Discontinued Operations
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Total intrinsic value of stock options exercised		$ 9	$ 23
[1]	The total intrinsic value of options exercised related to discontinued operations for fiscal 2014 and 2013 was $9 million and $23 million, respectively.

Related Parties (Narrative) (De

Related Parties (Narrative) (Details) - Jun. 30, 2013 - Fox Television Holdings, Inc. - Board of Directors Chairman - USD ($)	Total
Related Party Transaction [Line Items]
Total preferred stock redemption amount	$ 875,000
Price per share on annual dividend	$ 12
Shares Of Preferred Stock Redeemed	7,600
Preferred Stock Redemption Premium	$ 0
Preferred Shares Repurchased At Par Value
Related Party Transaction [Line Items]
Total preferred stock redemption amount	760,000
Accrued And Unpaid Dividends
Related Party Transaction [Line Items]
Total preferred stock redemption amount	$ 115,000

Related Parties (Related Partie

Related Parties (Related Parties Revenue Table) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Affiliated Entity
Related Party Transaction [Line Items]
Related party revenue, net of expense	$ 766	$ 546	$ 398

Related Parties (Amounts Due to

Related Parties (Amounts Due to from Related Parties, Table) (Details) - Affiliated Entity - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014
Related Party Transaction [Line Items]
Accounts receivable from related parties		$ 417	$ 223
Accounts payable to related parties	[1]	$ 185	$ 165
[1]	Balances as of June 30, 2015 and 2014 include amounts expected to be covered by the Indemnity (See Note 15 – Commitments and Contingencies).

Related Parties (Rotana Narrati

Related Parties (Rotana Narrative) (Details) - Rotana - Channel	1 Months Ended	12 Months Ended
	Jan. 31, 2014	Jun. 30, 2015
Related Party Transaction [Line Items]
Equity method investment, ownership percentage		19.00%
Number of licensed free-to-air general entertainment channels	2
Continued satellite transponder capacity services time period	2 years
Minimum
Related Party Transaction [Line Items]
Percentage of the Company's Class B Common Stock held by controlling interest of affiliate		5.00%

Commitments and Contingencie111

Commitments and Contingencies (Commitments Disclosure) (Details) - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014
Contractual Obligation, Fiscal Year Maturity [Abstract]
Total commitments, borrowings and contractual obligations		$ 75,441
Total commitments, borrowings and contractual obligations, due 1 year or less		7,321
Total commitments, borrowings and contractual obligations, due 2-3 years		13,356
Total commitments, borrowings and contractual obligations, due 4-5 years		12,086
Total commitments, borrowings and contractual obligations, due after 5 years		42,678
Long-term Debt, Fiscal Year Maturity [Abstract]
Total borrowings	[1]	19,039	$ 19,058
Borrowings, due 1 year or less		244
Borrowings, due 2-3 years		936
Borrowings, due 4-5 years		2,281
Borrowings, due after 5 years		15,578
Other Commitment, Fiscal Year Maturity [Abstract]
Total other commitments and contractual obligations		3,152
Other commitments and contractual obligations, due 1 year or less		669
Other commitments and contractual obligations, due 2-3 years		1,395
Other commitments and contractual obligations, due 4-5 years		354
Other commitments and contractual obligations, due after 5 years		734
Land and buildings
Operating Leases, Fiscal Year Maturity [Abstract]
Total operating leases and service agreements		1,492
Operating leases and service agreements, due 1 year or less		241
Operating leases and service agreements, due 2-3 years		440
Operating leases and service agreements, due 4-5 years		384
Operating leases and service agreements, due after 5 years		427
Other
Operating Leases, Fiscal Year Maturity [Abstract]
Total operating leases and service agreements		484
Operating leases and service agreements, due 1 year or less		98
Operating leases and service agreements, due 2-3 years		159
Operating leases and service agreements, due 4-5 years		101
Operating leases and service agreements, due after 5 years		126
Contracts For Capital Expenditure
Contractual Obligation, Fiscal Year Maturity [Abstract]
Total commitments, borrowings and contractual obligations		12
Total commitments, borrowings and contractual obligations, due 1 year or less		12
Sports Programming Rights
Contractual Obligation, Fiscal Year Maturity [Abstract]
Total commitments, borrowings and contractual obligations		48,598
Total commitments, borrowings and contractual obligations, due 1 year or less		4,955
Total commitments, borrowings and contractual obligations, due 2-3 years		9,459
Total commitments, borrowings and contractual obligations, due 4-5 years		8,508
Total commitments, borrowings and contractual obligations, due after 5 years		25,676
Entertainment Programming Rights
Contractual Obligation, Fiscal Year Maturity [Abstract]
Total commitments, borrowings and contractual obligations		2,664
Total commitments, borrowings and contractual obligations, due 1 year or less		1,102
Total commitments, borrowings and contractual obligations, due 2-3 years		967
Total commitments, borrowings and contractual obligations, due 4-5 years		458
Total commitments, borrowings and contractual obligations, due after 5 years		$ 137
[1]	Borrowings are payable in U.S. dollars except for the Sky Deutschland credit agreement which was payable in Euros as discussed within Bank loans below.

Commitments and Contingencie112

Commitments and Contingencies (Schedule of Contingent Guarantees) (Details) $ in Millions	Jun. 30, 2015USD ($)
Guarantees Fiscal Year Maturity Schedule [Line Items]
Total contingent guarantees	$ 1,263
Contingent guarantees, due 1 year or less	974
Contingent guarantees, due 2-3 years	278
Contingent guarantees, due 4-5 years	2
Contingent guarantees, due after 5 years	9
Sports Programming Rights Guarantees
Guarantees Fiscal Year Maturity Schedule [Line Items]
Total contingent guarantees	1,095
Contingent guarantees, due 1 year or less	924
Contingent guarantees, due 2-3 years	163
Contingent guarantees, due after 5 years	8
Hulu indemnity
Guarantees Fiscal Year Maturity Schedule [Line Items]
Total contingent guarantees	115
Contingent guarantees, due 2-3 years	115
Letters of Credit and Other
Guarantees Fiscal Year Maturity Schedule [Line Items]
Total contingent guarantees	53
Contingent guarantees, due 1 year or less	50
Contingent guarantees, due 4-5 years	2
Contingent guarantees, due after 5 years	$ 1

Commitments and Contingencie113

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions		Jun. 26, 2013	May. 31, 2015	Jul. 31, 2013	Oct. 31, 2012	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Commitments And Contingencies Disclosure [Abstract]
Equity-based compensation						$ 93	$ 205	$ 241
Contingent Guarantees						1,263
Net amount recognized, pension/postretirement						707
Contract termination						$ 420
Separation And Distribution Agreement
Commitments And Contingencies Disclosure [Abstract]
Fair value of obligation under indemnity							80	150
Fair value of expected future payments							15	110
Shareholder Litigation
Commitments And Contingencies Disclosure [Abstract]
Shareholder litigation settlement	[1]						111
Consolidated Action | Shareholder Litigation
Commitments And Contingencies Disclosure [Abstract]
Litigation settlement, gross		$ 139
Shareholder litigation settlement							111
Compliance enhancements effective through						Dec. 31, 2016
Attorney's Fees | Consolidated Action | Shareholder Litigation
Commitments And Contingencies Disclosure [Abstract]
Litigation settlement, gross		$ 28
Hulu
Commitments And Contingencies Disclosure [Abstract]
Equity affiliate's redemption of equity interest					$ 200
Equity-based compensation								60
Contingent Guarantees					115
Carrying value of equity affiliate's term loan					$ 338
Investments in equity affiliates			$ 125	$ 125
Equity method investment, ownership percentage			33.00%	33.00%
Indemnification agreement | Separation And Distribution Agreement
Commitments And Contingencies Disclosure [Abstract]
Fair value of obligation under indemnity						$ 65	65	$ 40
Indemnity payment						49	$ 79
Land and buildings
Commitments And Contingencies Disclosure [Abstract]
Total operating leases and service agreements						1,492
Land and buildings | Indemnification agreement
Commitments And Contingencies Disclosure [Abstract]
Total amounts to be received from subleases of office facilities						$ 280
[1]	See Note 15 – Commitments and Contingencies.

Pension and Other Postretire114

Pension and Other Postretirement Benefits - Defined Benefit (Narrative) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Settlement loss on pension liabilities	[1]	$ 245
Accumulated benefit obligation		1,662	$ 2,191
Projected benefit obligation increased during the year		$ 60
Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations (percentage)		48.00%
Fixed Income Securities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations (percentage)		37.00%
Other, Including Cash
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations (percentage)		15.00%
Maximum
Defined Benefit Plan Disclosure [Line Items]
Expected annual U.S. Medicare subsidy receipts, maximum		$ 1
[1]	See Note 16 – Pension and Other Postretirement Benefits.

Pension and Other Postretire115

Pension and Other Postretirement Benefits (Schedule of Projected Benefit Obligation, Changes in Fair Value of Plan Assets and Funded Status) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014
Pension Benefits
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Projected benefit obligation, beginning of the year		$ 2,494	$ 2,095
Service cost		75	73
Interest cost		107	106
Benefits paid		(52)	(53)
Settlements	[1]	(58)	(39)
Actuarial losses (gains)	[2]	(21)	289
Foreign exchange rate changes		(16)	16
Annuitization of pension liabilities	[3]	(537)
Dispositions		(44)
Other		(10)	7
Projected benefit obligation, end of the year		1,938	2,494
Change in the fair value of plan assets for the Company’s benefit plans:
Fair value of plan assets, beginning of the year		1,874	1,657
Actual return on plan assets		(2)	197
Employer contributions		174	100
Benefits paid		(52)	(53)
Settlements	[1]	(58)	(39)
Foreign exchange rate changes		(9)	12
Annuitization of pension liabilities	[3]	(537)
Other		(2)
Fair value of plan assets, end of the year		1,388	1,874
Funded status	[4]	(550)	(620)
Postretirement Benefits
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Projected benefit obligation, beginning of the year		153	146
Service cost		4	4
Interest cost		6	6
Benefits paid		(8)	(8)
Actuarial losses (gains)	[2]	2	5
Projected benefit obligation, end of the year		157	153
Change in the fair value of plan assets for the Company’s benefit plans:
Employer contributions		8	8
Benefits paid		(8)	(8)
Funded status	[4]	$ (157)	$ (153)
[1]	Amounts related to payments made to former employees in full settlement of their deferred pension benefits.
[2]	The June 30, 2014 actuarial losses were due to a change in the discount rate assumption utilized in measuring plan obligations
[3]	In the fourth quarter of fiscal 2015, the Company settled pension obligations through the purchase of a group annuity contract from an insurance company and through lump sum distributions. This purchase, funded with pension plan assets, resulted in a pre-tax settlement loss related to the recognition of accumulated deferred actuarial losses of $245 million which was included in Other, net in the Consolidated Statement of Operations for fiscal 2015.
[4]	The Company has established an irrevocable grantor trust (the “Trust”), administered by an independent trustee, with the intention of making cash contributions to the Trust to fund certain future pension benefit obligations of the Company. The assets in the Trust are unsecured funds of the Company and can be used to satisfy the Company’s obligations in the event of bankruptcy or insolvency. The fair value of the assets in the Trust as of June 30, 2015 and 2014 was approximately $215 million and $210 million, respectively.

Pension and Other Postretire116

Pension and Other Postretirement Benefits (Schedule of Projected Benefit Obligation, Changes in Fair Value of Plan Assets and Funded Status) (Parenthetical) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Settlement loss on pension liabilities	[1]	$ 245
Irrevocable Grantor Trust
Defined Benefit Plan, Funded Status of Plan [Abstract]
Fair value of plan assets		$ 215	$ 210
[1]	See Note 16 – Pension and Other Postretirement Benefits.

Pension and Other Postretire117

Pension and Other Postretirement Benefits (Schedule of Amounts Recognized in Balance Sheet) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Net amount recognized	$ (707)
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Pension/postretirement assets		$ 34
Accrued pension/postretirement liabilities	(550)	(654)
Net amount recognized	(550)	(620)
Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Accrued pension/postretirement liabilities	(157)	(153)
Net amount recognized	$ (157)	$ (153)

Pension and Other Postretire118

Pension and Other Postretirement Benefits (Amounts Recognized in Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Pension Benefits
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss)
Actuarial losses	$ 609	$ 794
Prior service cost	6	7
Net amounts recognized	615	801
Postretirement Benefits
Defined Benefit Plan, Amounts Recognized in Other Comprehensive Income (Loss)
Actuarial losses	43	45
Net amounts recognized	$ 43	$ 45

Pension and Other Postretire119

Pension and Other Postretirement Benefits (Amounts in Accumulated Other Comprehensive Loss Expected to be Recognized as a Component of Net Periodic Pension Cost in Next Fiscal Year) (Details) $ in Millions	12 Months Ended
	Jun. 30, 2015USD ($)
Pension Benefits
Pension and Other Postretirement Benefit Plans, Amounts that will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year
Actuarial losses	$ 31
Prior service cost	1
Net amounts expected to be recognized	32
Postretirement Benefits
Pension and Other Postretirement Benefit Plans, Amounts that will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year
Actuarial losses	3
Net amounts expected to be recognized	$ 3

Pension and Other Postretire120

Pension and Other Postretirement Benefits (Funded and Unfunded Pension Plans) (Details) - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Accumulated benefit obligation		$ 1,662	$ 2,191
Funded Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation		1,647	2,168
Accumulated benefit obligation		1,377	1,873
Fair value of plan assets		1,388	1,874
Unfunded Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation		291	326
Accumulated benefit obligation		285	$ 318
Fair value of plan assets	[1]	$ 0
[1]	The Company has established a Trust to fund certain future pension benefit obligations of the Company. The assets in the Trust are unsecured funds of the Company and can be used to satisfy the Company’s obligations in the event of bankruptcy or insolvency. The fair value of the assets in the Trust as of June 30, 2015 was approximately $215 million.

Pension and Other Postretire121

Pension and Other Postretirement Benefits (Funded and Unfunded Pension Plans) (Parenthetical) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014
Irrevocable Grantor Trust
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 215	$ 210

Pension and Other Postretire122

Pension and Other Postretirement Benefits (Pension Plans in Which Accumulated Benefit Obligation Exceeds Fair Value of Plan Assets) (Details) - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014
Funded Pension Plans
Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Projected benefit obligation		$ 595	$ 1,319
Accumulated benefit obligation		586	1,023
Fair value of plan assets		483	992
Unfunded Pension Plans
Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Projected benefit obligation		291	326
Accumulated benefit obligation		285	$ 318
Fair value of plan assets	[1]	$ 0
[1]	The Company has established a Trust to fund certain future pension benefit obligations of the Company. The assets in the Trust are unsecured funds of the Company and can be used to satisfy the Company’s obligations in the event of bankruptcy or insolvency. The fair value of the assets in the Trust as of June 30, 2015 was approximately $215 million.

Pension and Other Postretire123

Pension and Other Postretirement Benefits (Pension Plans in Which Accumulated Benefit Obligation Exceeds Fair Value of Plan Assets) (Parenthetical) (Details) $ in Millions	Jun. 30, 2015USD ($)
Irrevocable Grantor Trust
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 215

Pension and Other Postretire124

Pension and Other Postretirement Benefits (Components of Net Periodic Costs) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Pension Benefits
Components of net periodic benefits costs:
Service cost benefits earned during the period	$ 75	$ 73
Interest costs on projected benefit obligations	107	106
Pension Benefits | Continuing Operations
Components of net periodic benefits costs:
Service cost benefits earned during the period	75	73	$ 105
Interest costs on projected benefit obligations	107	106	101
Expected return on plan assets	(128)	(113)	(110)
Amortization of deferred losses	36	41	79
Other	1	1	2
Net periodic benefit costs from continuing operations	91	108	177
Postretirement Benefits
Components of net periodic benefits costs:
Service cost benefits earned during the period	4	4
Interest costs on projected benefit obligations	6	6
Postretirement Benefits | Continuing Operations
Components of net periodic benefits costs:
Service cost benefits earned during the period	4	4	4
Interest costs on projected benefit obligations	6	6	6
Amortization of deferred losses	3	3	3
Net periodic benefit costs from continuing operations	$ 13	$ 13	$ 13

Pension and Other Postretire125

Pension and Other Postretirement Benefits (Additional Information for Components of Net Periodic Costs) (Details) - Continuing Operations	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Pension Benefits
Weighted-average assumptions used to determine benefit obligations
Discount rate	4.70%	4.50%	5.20%
Rate of increase in future compensation	4.60%	4.60%	4.40%
Weighted-average assumptions used to determine net periodic benefit costs
Discount rate	4.50%	5.20%	4.30%
Expected return on plan assets	7.00%	7.00%	7.00%
Rate of increase in future compensation	4.60%	4.40%	6.20%
Postretirement Benefits
Weighted-average assumptions used to determine benefit obligations
Discount rate	4.50%	4.30%	4.80%
Weighted-average assumptions used to determine net periodic benefit costs
Discount rate	4.30%	4.80%	3.80%

Pension and Other Postretire126

Pension and Other Postretirement Benefits (Health Care Cost Trend Rates ) (Details) - Postretirement Benefits	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan, Assumed Health Care Cost Trend Rates [Abstract]
Health care cost trend rate	6.40%	6.40%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)	4.50%	4.50%
Year that the rate reaches the ultimate trend rate	2,028	2,028

Pension and Other Postretire127

Pension and Other Postretirement Benefits (Effect Of One Percentage Point Increase And One Percentage Point Decrease In Health Care Cost Trend Rates) (Details) - Postretirement Benefits $ in Millions	12 Months Ended
	Jun. 30, 2015USD ($)
Defined Benefit Plan, Effect of One-Percentage Point Change in Assumed Health Care Cost Trend Rates [Abstract]
One percentage point increase, benefit obligation	$ 5
One percentage point decrease, benefit obligation	$ (4)

Pension and Other Postretire128

Pension and Other Postretirement Benefits (Estimated Benefit Payments) (Details) $ in Millions	Jun. 30, 2015USD ($)
Pension Benefits
Fiscal year:
2,016	$ 61
2,017	64
2,018	69
2,019	75
2,020	83
2021-2025	534
Postretirement Benefits
Fiscal year:
2,016	8
2,017	8
2,018	8
2,019	9
2,020	9
2021-2025	$ 47

Pension and Other Postretire129

Pension and Other Postretirement Benefits (Plan Assets by Level with In Fair Value Hierarchy) (Details) - Pension Benefits - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		$ 1,388	$ 1,874	$ 1,657
Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		734	1,114
Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		654	759
Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets			1
Money Market Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	163	117
Money Market Funds | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	163	117
Domestic Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	127	172
Domestic Equity Funds | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	127	172
International Equity Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	259	309
International Equity Funds | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	259	255
International Equity Funds | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]		54
Domestic Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	2	164
Domestic Fixed Income Funds | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	2	164
International Fixed Income Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	147	161
International Fixed Income Funds | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	42	1
International Fixed Income Funds | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	105	160
Balanced Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	245	334
Balanced Funds | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	104	173
Balanced Funds | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	141	161
Other Pooled Funds
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	24
Other Pooled Funds | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	2
Other Pooled Funds | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[1]	22
U.S. Common Stocks
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	199	360
U.S. Common Stocks | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[2]	199	360
Domestic Government Obligations
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	22	24
Domestic Government Obligations | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	22	24
Domestic Agency Obligations
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	23	33
Domestic Agency Obligations | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	23	33
International Government Obligations
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	2
International Government Obligations | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	2
Corporate Obligations
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	68	84
Corporate Obligations | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[3]	68	84
Partnership Interests
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[4]	20	37
Partnership Interests | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	[4]	20	37
Other Plan Assets
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		87	79
Other Plan Assets | Quoted Prices in Active Markets for Identical Instruments (Level 1)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		(1)	(11)
Other Plan Assets | Significant Other Observable Inputs (Level 2)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets		$ 88	89
Other Plan Assets | Significant Unobservable Inputs (Level 3)
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets			$ 1
[1]	Open-ended pooled funds that are registered and/or available to the general public are valued at the daily published net asset value (“NAV”). Other pooled funds are valued at the NAV provided by the fund issuer.
[2]	Common stock investments that are publicly traded are valued at the closing price reported on active markets in which the individual securities are traded.
[3]	The fair value of corporate, government and agency obligations are valued based on a compilation of primary observable market information or a broker quote in a non-active market.
[4]	The fair values of partnerships that are not publicly traded are based on the fair value obtained from the general partner.

Pension and Other Postretire130

Pension and Other Postretirement Benefits (Weighted-Average Asset Allocations by Asset Category) (Details)	Jun. 30, 2015	Jun. 30, 2014
Asset Category:
Defined Benefit Plan, Actual Plan Asset Allocations	100.00%	100.00%
Equity Securities
Asset Category:
Defined Benefit Plan, Actual Plan Asset Allocations	43.00%	46.00%
Debt Securities
Asset Category:
Defined Benefit Plan, Actual Plan Asset Allocations	25.00%	29.00%
Other, Including Cash
Asset Category:
Defined Benefit Plan, Actual Plan Asset Allocations	32.00%	25.00%

Pension and Other Postretire131

Pension and Other Postretirement Benefits - Multi Employer Pension and Postretirements Plans (Narrative) (Details) - Jun. 30, 2015 - Multiemployer Plans Pension - Plan	Total
Green
Multiemployer Plans [Line Items]
Multiemployer, Number of plans	6
Maximum | Red
Multiemployer Plans [Line Items]
Defined Benefit Plan, Funded Percentage	65.00%
Maximum | Yellow
Multiemployer Plans [Line Items]
Defined Benefit Plan, Funded Percentage	80.00%
Minimum | Yellow
Multiemployer Plans [Line Items]
Defined Benefit Plan, Funded Percentage	65.00%
Minimum | Green
Multiemployer Plans [Line Items]
Defined Benefit Plan, Funded Percentage	80.00%
Multiemployer Plans, Percentage on total contributions	5.00%
Four Plans Company Provides More Than5 Percent Of Total Contributions | None Of Above
Multiemployer Plans [Line Items]
Zone status	Green

Pension and Other Postretire132

Pension and Other Postretirement Benefits - Multi Employer Pension and Postretirements Plans (Details) - Multiemployer Plans Pension - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Multiemployer Plans [Line Items]
Pension benefits	$ 77	$ 70	$ 66
Other benefits	89	85	80
Total contributions	$ 166	$ 155	$ 146

Pension and Other Postretire133

Pension and Other Postretirement Benefits - Defined Contribution Plans (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Defined Contribution Plans
Employer contributions to defined contribution plans	$ 59	$ 69	$ 195
Discontinued Operations
Defined Contribution Plans
Employer contributions to defined contribution plans			$ 134

Income Taxes (Schedule of Incom

Income Taxes (Schedule of Income from Continuing Operations Before Income Tax Expense by Jurisdiction) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest [Abstract]
United States (including exports)	$ 9,953	$ 5,375	$ 8,115
Foreign	(106)	(186)	621
Income from continuing operations before income tax expense	$ 9,847	$ 5,189	$ 8,736

Income Taxes (Schedule of Compo

Income Taxes (Schedule of Components of Provision for Income Taxes from Continuing Operations) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Income Tax Expense (Benefit), Continuing Operations [Abstract]
Federal	$ 891	$ 1,178	$ 1,024
State & local	88	76	93
Foreign	93	57	93
Total current	1,072	1,311	1,210
Deferred and other	171	(39)	480
Provision for income taxes from continuing operations	$ 1,243	$ 1,272	$ 1,690

Income Taxes (Tax Rate Reconcil

Income Taxes (Tax Rate Reconciliation) (Details)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]
U.S. federal income tax rate	35.00%	35.00%	35.00%
Sale of interest in subsidiaries			(4.00%)
State and local taxes	1.00%	1.00%	1.00%
Effect of foreign operations	(2.00%)	(5.00%)	(2.00%)
Adjustments for tax matters, net	2.00%		(1.00%)
Valuation allowance movements	(20.00%)		(7.00%)
Nontaxable income attributable to noncontrolling interests	(1.00%)	(2.00%)	(1.00%)
Domestic production activities deduction	(1.00%)	(2.00%)	(1.00%)
Other	(1.00%)	(2.00%)	(1.00%)
Effective tax rate for income from continuing operations	13.00%	25.00%	19.00%

Income Taxes (Deferred Tax Asse

Income Taxes (Deferred Tax Assets Liabilities) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014
Deferred tax assets:
Net operating loss carryforwards	$ 380	$ 284
Capital loss carryforwards	36	1,360
Foreign tax credit carryforwards	173	561
Accrued liabilities	981	733
Other	222	293
Total deferred tax assets	1,792	3,231
Deferred tax liabilities:
Basis difference and amortization	(2,418)	(2,898)
Revenue recognition	(511)	(528)
Sports rights contracts	(383)	(135)
Total deferred tax liabilities	(3,312)	(3,561)
Deferred tax assets liabilities, net
Net deferred tax liability before valuation allowance	(1,520)	(330)
Less: valuation allowance	(453)	(2,338)
Total net deferred tax liabilities	$ (1,973)	$ (2,668)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Tax Examination [Line Items]
Current deferred tax assets	$ 28	$ 0
Current deferred tax liabilities	220	0
Non-current deferred tax assets	301	61
Non-current deferred tax liabilities	2,082	2,729
Deferred tax asset attributable to net operating loss carryforwards	380
Valuation allowance, operating loss carryforwards	197
Valuation allowance, other tax assets	453	2,338
Foreign tax credit carryforwards	173	561
Liabilities for accrued interest related to unrecognized tax benefits	$ 37	29
Tax examination, description	The U.S. Internal Revenue Service has concluded its examination of the Company’s returns through fiscal year 2008, and is currently examining fiscal years 2009 through 2013. Additionally, the Company’s income tax returns for fiscal years 2000 through 2015 are subject to examination in various foreign jurisdictions.
Unrecognized tax benefits that would impact effective tax rate	$ 361	$ 144
Undistributed earnings of foreign subsidiaries	975
Various Other Tax Assets
Income Tax Examination [Line Items]
Valuation allowance, other tax assets	$ 256

Income Taxes (Uncertain Tax Pos

Income Taxes (Uncertain Tax Positions) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Change in accrual for uncertain tax positions, excluding interest and penalties
Balance, beginning of year	$ 144	$ 200	$ 173
Additions for prior year tax positions	46	1	60
Additions for current year tax positions	171	13	4
Reduction for prior year tax positions		(70)	(37)
Balance, end of year	$ 361	$ 144	$ 200

Segment Information (Narrative)

Segment Information (Narrative) (Details) $ in Millions	3 Months Ended								12 Months Ended
	Jun. 30, 2015USD ($)FullpowertvstationsDuopolies	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Sep. 30, 2014USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2013USD ($)	Sep. 30, 2013USD ($)	Jun. 30, 2015USD ($)FullpowertvstationsDuopoliesSegments	Jun. 30, 2014USD ($)	Jun. 30, 2013USD ($)	Nov. 12, 2014	Oct. 31, 2014
Segment Reporting Information [Line Items]
Number of Reportable Segments | Segments									5
Revenues | $	$ 6,205	$ 6,840	$ 8,055	$ 7,887	$ 8,424	$ 8,219	$ 8,163	$ 7,061	$ 28,987	$ 31,867	$ 27,675
Sky Deutschland
Segment Reporting Information [Line Items]
Subsidiary Ownership Percentage												57.00%	57.00%
Television Segment
Segment Reporting Information [Line Items]
Full power broadcast television stations	28								28
Duopolies | Duopolies	11								11
Television Segment | Fox
Segment Reporting Information [Line Items]
Full power broadcast television stations	17								17
Television Segment | MyNetworkTV
Segment Reporting Information [Line Items]
Full power broadcast television stations	10								10
Television Segment | Independent Station
Segment Reporting Information [Line Items]
Full power broadcast television stations	1								1
Filmed Entertainment Segment | Intersegment Eliminations
Segment Reporting Information [Line Items]
Revenues | $									$ (1,236)	$ (1,292)	$ (979)

Segment Information (Segment Re

Segment Information (Segment Revenues and Segment OIBDA Reconciliation to Net Income) (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Revenues		$ 6,205	$ 6,840	$ 8,055	$ 7,887	$ 8,424	$ 8,219	$ 8,163	$ 7,061	$ 28,987	$ 31,867	$ 27,675
Segment OIBDA										6,722	6,715	6,261
Amortization of cable distribution investments										(80)	(85)	(89)
Depreciation and amortization										(736)	(1,142)	(797)
Equity earnings of affiliates										904	622	655
Interest expense, net										(1,198)	(1,121)	(1,063)
Interest income										39	26	57
Other, net										4,196	174	3,712
Income from continuing operations before income tax expense										9,847	5,189	8,736
Income tax expense										(1,243)	(1,272)	(1,690)
Income from continuing operations										8,604	3,917	7,046
(Loss) income from discontinued operations, net of tax		(29)	(15)	(16)	(7)	33	(16)	225	487	(67)	729	277
Net income										8,537	4,646	7,323
Less: Net income attributable to noncontrolling interests	[1]									(231)	(132)	(226)
Net income attributable to Twenty-First Century Fox, Inc. stockholders		$ 87	$ 975	$ 6,207	$ 1,037	$ 999	$ 1,053	$ 1,207	$ 1,255	8,306	4,514	7,097
Operating Segments | Cable Network Programming Segment
Segment Reporting Information [Line Items]
Revenues										13,773	12,273	10,881
Segment OIBDA										4,648	4,407	4,177
Depreciation and amortization										(294)	(232)	(197)
Operating Segments | Television Segment
Segment Reporting Information [Line Items]
Revenues										4,895	5,296	4,860
Segment OIBDA										718	882	855
Depreciation and amortization										(115)	(105)	(93)
Operating Segments | Filmed Entertainment Segment
Segment Reporting Information [Line Items]
Revenues										9,525	9,679	8,642
Segment OIBDA										1,445	1,358	1,308
Depreciation and amortization										(107)	(133)	(132)
Operating Segments | Direct Broadcast Satellite Television Segment
Segment Reporting Information [Line Items]
Revenues										2,112	6,030	4,439
Segment OIBDA										234	424	397
Depreciation and amortization										(202)	(657)	(355)
Other, Corporate and Eliminations Segment
Segment Reporting Information [Line Items]
Revenues										(1,318)	(1,411)	(1,147)
Segment OIBDA										(323)	(356)	(476)
Depreciation and amortization										$ (18)	$ (15)	$ (20)
[1]	Net income attributable to noncontrolling interests includes $109 million, $95 million and $93 million for the fiscal years ended June 30, 2015, 2014 and 2013, respectively, relating to redeemable noncontrolling interests.

Segment Information (Depreciati

Segment Information (Depreciation and Amortization, Capital Expenditures) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 736	$ 1,142	$ 797
Capital expenditures	424	678	622
Operating Segments | Cable Network Programming Segment
Segment Reporting Information [Line Items]
Depreciation and amortization	294	232	197
Capital expenditures	106	131	88
Operating Segments | Television Segment
Segment Reporting Information [Line Items]
Depreciation and amortization	115	105	93
Capital expenditures	77	90	103
Operating Segments | Filmed Entertainment Segment
Segment Reporting Information [Line Items]
Depreciation and amortization	107	133	132
Capital expenditures	45	61	63
Operating Segments | Direct Broadcast Satellite Television Segment
Segment Reporting Information [Line Items]
Depreciation and amortization	202	657	355
Capital expenditures	95	368	344
Other, Corporate and Eliminations Segment
Segment Reporting Information [Line Items]
Depreciation and amortization	18	15	20
Capital expenditures	$ 101	$ 28	$ 24

Segment Information (Reconcilia

Segment Information (Reconciliation of Assets from Segments to Consolidated) (Details) - Investments - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Total assets	$ 50,051	$ 54,793
Total assets	4,529	2,859
Operating Segments | Cable Network Programming Segment
Segment Reporting Information [Line Items]
Total assets	23,235	22,422
Operating Segments | Television Segment
Segment Reporting Information [Line Items]
Total assets	6,646	6,449
Operating Segments | Filmed Entertainment Segment
Segment Reporting Information [Line Items]
Total assets	9,105	10,419
Operating Segments | Direct Broadcast Satellite Television Segment
Segment Reporting Information [Line Items]
Total assets		9,144
Other, Corporate and Eliminations Segment
Segment Reporting Information [Line Items]
Total assets	$ 6,536	$ 3,500

Segment Information (Reconci144

Segment Information (Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Goodwill and intangible assets, net	$ 18,833	$ 26,124
Operating Segments | Cable Network Programming Segment
Segment Reporting Information [Line Items]
Goodwill and intangible assets, net	12,746	12,854
Operating Segments | Television Segment
Segment Reporting Information [Line Items]
Goodwill and intangible assets, net	4,297	4,282
Operating Segments | Filmed Entertainment Segment
Segment Reporting Information [Line Items]
Goodwill and intangible assets, net	$ 1,790	2,441
Operating Segments | Direct Broadcast Satellite Television Segment
Segment Reporting Information [Line Items]
Goodwill and intangible assets, net		6,451
Other, Corporate and Eliminations Segment
Segment Reporting Information [Line Items]
Goodwill and intangible assets, net		$ 96

Segment Information (Reconci145

Segment Information (Reconciliation of Revenues by Component to Consolidated) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Revenues:
Affiliate fees									$ 10,353	$ 8,984	$ 7,678
Subscription									1,964	5,467	4,074
Advertising									7,609	8,218	7,634
Content									8,677	8,596	7,871
Other									384	602	418
Total revenues	$ 6,205	$ 6,840	$ 8,055	$ 7,887	$ 8,424	$ 8,219	$ 8,163	$ 7,061	$ 28,987	$ 31,867	$ 27,675

Segment Information (Geographic

Segment Information (Geographic Region Revenues and Long Lived Assets) (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues		$ 6,205	$ 6,840	$ 8,055	$ 7,887	$ 8,424	$ 8,219	$ 8,163	$ 7,061	$ 28,987	$ 31,867	$ 27,675
Long-lived assets	[1]	9,012				10,373				9,012	10,373
Reportable Geographical Components | U.S. and Canada
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues	[2]									18,563	17,842	15,937
Long-lived assets	[1]	8,194				7,951				8,194	7,951
Reportable Geographical Components | Europe
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues	[3]									5,724	9,745	7,717
Long-lived assets	[1]	170				1,788				170	1,788
Reportable Geographical Components | Other
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues	[4]									4,700	4,280	$ 4,021
Long-lived assets	[1]	$ 648				$ 634				$ 648	$ 634
[1]	Reflects Total assets less Current assets, Goodwill, Intangible assets, Investments and Non-current deferred tax assets.
[2]	Revenues include approximately $18.2 billion, $17.4 billion and $15.6 billion from customers in the U.S. in fiscal 2015, 2014 and 2013, respectively.
[3]	Revenues include approximately $1.5 billion, $3.9 billion and $3.6 billion from customers in Italy in fiscal 2015, 2014 and 2013, respectively, as well as approximately $1.2 billion, $2.4 billion and $1.3 billion from customers in Germany in fiscal 2015, 2014 and 2013, respectively.
[4]	Revenues include approximately $2.6 billion, $2.2 billion and $2.1 billion from customers in Asia in fiscal 2015, 2014 and 2013, respectively.

Segment Information (Geograp147

Segment Information (Geographic Region Revenues and Long Lived Assets) (Parenthetical) (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Segment Reporting Information [Line Items]
Revenues	$ 6,205	$ 6,840	$ 8,055	$ 7,887	$ 8,424	$ 8,219	$ 8,163	$ 7,061	$ 28,987	$ 31,867	$ 27,675
Reportable Geographical Components | United States
Segment Reporting Information [Line Items]
Revenues									18,200	17,400	15,600
Reportable Geographical Components | Italy
Segment Reporting Information [Line Items]
Revenues									1,500	3,900	3,600
Reportable Geographical Components | Germany
Segment Reporting Information [Line Items]
Revenues									1,200	2,400	1,300
Reportable Geographical Components | Asia
Segment Reporting Information [Line Items]
Revenues									$ 2,600	$ 2,200	$ 2,100

Earnings Per Share (Computation

Earnings Per Share (Computation of Basic and Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended												12 Months Ended
		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2014		Sep. 30, 2014		Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share [Abstract]
Income from continuing operations														$ 8,604	$ 3,917	$ 7,046
Less: Net income attributable to noncontrolling interests	[1]													(231)	(132)	(226)
Income from continuing operations attributable to Twenty-First Century Fox stockholders - basic		$ 116	[2]	$ 990	[2]	$ 6,223	[2]	$ 1,044	[2]	$ 966	$ 1,069	$ 982	$ 768	8,373	3,785	6,820
Other														(1)		(3)
Income from continuing operations attributable to Twenty-First Century Fox stockholders - diluted														8,372	3,785	6,817
(Loss) income from discontinued operations, net of tax		(29)		(15)		(16)		(7)		33	(16)	225	487	(67)	729	277
Net income attributable to Twenty-First Century Fox, Inc. stockholders		$ 87		$ 975		$ 6,207		$ 1,037		$ 999	$ 1,053	$ 1,207	$ 1,255	8,306	4,514	7,097
Other														(1)		(3)
Net income attributable to Twenty-First Century Fox stockholders - diluted														$ 8,305	$ 4,514	$ 7,094
Weighted average shares - basic														2,127	2,265	2,337
Shares issuable under equity-based compensation plans	[3]													3	4	4
Weighted average shares - diluted														2,130	2,269	2,341
Income from continuing operations attributable to Twenty-First Century Fox, Inc. stockholders per share - basic														$ 3.94	$ 1.67	$ 2.91
Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - diluted														3.93	1.67	2.91
(Loss) income from discontinued operations, net of tax attributable to Twenty-First Century Fox stockholders per share - basic and diluted														(0.03)	0.32	0.12
Net income attributable to Twenty-First Century Fox, Inc. stockholders per share - basic		$ 0.04		$ 0.46		$ 2.89		$ 0.47						3.91	1.99	3.03
Net income attributable to Twenty-First Century Fox, Inc. stockholders per share - diluted		$ 0.04		$ 0.46		$ 2.88		$ 0.47						$ 3.90	$ 1.99	$ 3.03
[1]	Net income attributable to noncontrolling interests includes $109 million, $95 million and $93 million for the fiscal years ended June 30, 2015, 2014 and 2013, respectively, relating to redeemable noncontrolling interests.
[2]	See Note 22 – Additional Financial Information for details of infrequent items recorded during the fiscal year.
[3]	Weighted average common shares include the incremental shares that would be issued upon the assumed vesting of PSUs and RSUs and exercise of stock options if the effect is dilutive.

Quarterly Data (Unaudited) (Det

Quarterly Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended												12 Months Ended
		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2014		Sep. 30, 2014		Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Selected Quarterly Financial Information [Abstract]
Revenues		$ 6,205		$ 6,840		$ 8,055		$ 7,887		$ 8,424	$ 8,219	$ 8,163	$ 7,061	$ 28,987	$ 31,867	$ 27,675
Income from continuing operations attributable to Twenty-First Century Fox stockholders		116	[1]	990	[1]	6,223	[1]	1,044	[1]	966	1,069	982	768	8,373	3,785	6,820
(Loss) income from discontinued operations, net of tax		(29)		(15)		(16)		(7)		33	(16)	225	487	(67)	729	277
Net income attributable to Twenty-First Century Fox, Inc. stockholders		$ 87		$ 975		$ 6,207		$ 1,037		$ 999	$ 1,053	$ 1,207	$ 1,255	$ 8,306	$ 4,514	$ 7,097
Income from continuing operations attributable to Twenty-First Century Fox stockholders per share - basic and diluted		$ 0.06		$ 0.47		$ 2.89		$ 0.48		$ 0.43	$ 0.47	$ 0.43	$ 0.33
Net income attributable to Twenty-First Century Fox, Inc. stockholders per share - basic		0.04		0.46		2.89		0.47						$ 3.91	$ 1.99	$ 3.03
Net income attributable to Twenty-First Century Fox, Inc. stockholders per share - diluted		0.04		0.46		2.88		0.47						3.90	1.99	$ 3.03
Net income attributable to Twenty-First Century Fox stockholders per share - basic and diluted										0.45	0.47	0.53	0.54
Class A Common Stock | Maximum
Selected Quarterly Financial Information [Abstract]
Stock Prices	[2]	34.65		37.85		39.01		36.30		36.21	35.63	35.18	33.51	34.65	36.21
Class A Common Stock | Minimum
Selected Quarterly Financial Information [Abstract]
Stock Prices	[2]	32.26		32.80		31.77		31.30		31.65	30.73	32.20	29.21	32.26	31.65
Class B Common Stock | Maximum
Selected Quarterly Financial Information [Abstract]
Stock Prices	[2]	34.43		36.52		37.50		35.28		35.36	35.04	34.85	33.40	34.43	35.36
Class B Common Stock | Minimum
Selected Quarterly Financial Information [Abstract]
Stock Prices	[2]	$ 31.88		$ 31.78		$ 30.71		$ 31.03		$ 30.77	$ 30.21	$ 31.65	$ 29.34	$ 31.88	$ 30.77
[1]	See Note 22 – Additional Financial Information for details of infrequent items recorded during the fiscal year.
[2]	The stock prices reflect the reported high and low closing sales prices for the Class A Common Stock and Class B Common Stock, as reported on the NASDAQ under the symbols “FOXA” and “FOX”, respectively.

Valuation and Qualifying Acc150

Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Allowances for Returns and Doubtful Accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance as of beginning of year	$ (815)	$ (899)	$ (800)
Additions	(881)	(890)	(1,078)
Acquisitions and disposals	149		5
Utilization	889	943	994
Foreign exchange	152	31	(20)
Balance as of end of year	(506)	(815)	(899)
Deferred Tax Valuation Allowance
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance as of beginning of year	(2,338)	(3,284)	(1,514)
Additions	(34)	(171)	(156)
Acquisitions and disposals	1,687	938	(2,054)
Utilization	224	218	392
Foreign exchange	8	(39)	48
Balance as of end of year	$ (453)	$ (2,338)	$ (3,284)

Additional Financial Informa151

Additional Financial Information (Supplemental Cash Flow) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Supplemental cash flows information:
Cash paid for income taxes	[1]	$ (880)	$ (1,441)	$ (1,267)
Cash paid for interest		(1,213)	(1,140)	(1,080)
Sale of other investments		2	1	3
Purchase of other investments		(78)	(65)	(155)
Supplemental information on businesses acquired and additional investments:
Fair value of assets acquired		219	2,833	5,399
Cash acquired			3	684
Liabilities assumed		(2)	(1,763)	(2,174)
Decrease in deferred consideration			7
Noncontrolling interest increase			(385)	(2,619)
Cash paid		(142)	(695)	(1,290)
Fair value of equity instruments issued to third parties		75	0	0
Issuance of subsidiary common units		(75)
Fair value of equity instruments consideration		$ 0	$ 0	$ 0
[1]	Cash paid for income taxes related to discontinued operations was $104 million for fiscal 2013

Additional Financial Informa152

Additional Financial Information (Supplemental Cash Flow) (Parenthetical) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Supplemental cash flows information:
Cash paid for income taxes	[1]	$ 880	$ 1,441	$ 1,267
Discontinued Operations
Supplemental cash flows information:
Cash paid for income taxes				$ 104
[1]	Cash paid for income taxes related to discontinued operations was $104 million for fiscal 2013

Additional Financial Informa153

Additional Financial Information (Other, Net) (Details) - USD ($) $ in Millions		12 Months Ended
		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Other Non Operating Income Expense [Line Items]
Change in fair value of securities	[1]	$ 12	$ (4)	$ 86
Impairment charges	[2]	(270)		(35)
Settlement loss on pension liabilities	[3]	(245)
Restructuring	[4]	(232)	(52)	(13)
Venezuela foreign currency devaluation	[5]	(28)	(104)
Investment impairment losses	[6]	(4)	(69)	(20)
Other		6	11	16
Total other, net		4,196	174	3,712
Sky Deutschland
Other Non Operating Income Expense [Line Items]
Change in fair value of securities				58
Remeasurement gain or loss on step acquisition	[1]			2,069
Fox Sports Asia
Other Non Operating Income Expense [Line Items]
Remeasurement gain or loss on step acquisition	[1]			174
MundoFox Broadcasting LLC
Other Non Operating Income Expense [Line Items]
Gain (loss) on exchange or sale of business	[6]	(85)
STATS LLC
Other Non Operating Income Expense [Line Items]
Gain (loss) on exchange or sale of business	[6]		112
NDS Group Limited
Other Non Operating Income Expense [Line Items]
Gain (loss) on exchange or sale of business	[6]		(30)	1,446
Phoenix
Other Non Operating Income Expense [Line Items]
Gain on sale of investment	[6]		199	81
Shareholder Litigation
Other Non Operating Income Expense [Line Items]
Shareholder litigation settlement	[7]		$ 111
Sky Italia And Sky Deutschland
Other Non Operating Income Expense [Line Items]
Pre tax gain (loss) on exchange or sale of business	[1]	4,984
Shine Group
Other Non Operating Income Expense [Line Items]
Pre tax gain (loss) on exchange or sale of business	[1]	$ 58
Baltimore Station
Other Non Operating Income Expense [Line Items]
Gain (loss) on exchange or sale of business	[1]			$ (92)
[1]	See Note 3 – Acquisitions, Disposals and Other Transactions.
[2]	See Note 6 – Inventories, Net and Note 10 – Goodwill and Intangible Assets, Net.
[3]	See Note 16 – Pension and Other Postretirement Benefits.
[4]	See Note 5 – Restructuring Programs.
[5]	Devaluation losses primarily relate to the Company’s business activities in Venezuela which operate in a highly inflationary economy. There have been significant changes to the foreign currency exchange rate environment in Venezuela governing the conversion of Venezuelan Bolivars (“Bolivars”) to U.S. dollars. Prior to 2014, companies generally used the official exchange rate controlled by Venezuela’s Commission for the Administration of Foreign Exchange (“CADIVI”), which was 6.3 Bolivars per U.S. Dollar unless they had transactions or were among the entities the Venezuelan government had specifically authorized to use the Supplementary Foreign Currency Administration System (“SICAD”) auction rate. In January 2014, the Venezuelan government significantly expanded the use of the SICAD rate and, in March 2014, the Venezuelan government created a third currency exchange mechanism called SICAD 2 and said it may be used by all entities for all transactions. Until March 31, 2014, the Company’s Venezuelan Bolivar denominated net monetary assets were translated at the official exchange rate of 6.3 Bolivars per U.S. Dollar. During the fourth quarter of fiscal 2014, the Company was able to use the SICAD 2 mechanism to convert a portion of its Venezuelan Bolivar denominated cash to U.S. dollars. Accordingly, the Company remeasured all its Venezuelan Bolivar denominated net monetary assets at the SICAD 2 exchange rate resulting in a devaluation loss of $104 million for fiscal 2014. In February 2015, the Venezuelan government introduced a new foreign currency exchange system called the Marginal Currency System (“SIMADI”). Accordingly, the Company has remeasured all its Venezuelan Bolivar denominated net monetary assets at the devalued SIMADI exchange rate.
[6]	See Note 7 – Investments.
[7]	See Note 15 – Commitments and Contingencies.

Additional Financial Informa154

Additional Financial Information (Other, Net) (Parenthetical) (Details) $ in Millions		12 Months Ended
		Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Official exchange rate of net monetary assets		6.3
Venezuela Devaluation loss on net monetary assets	[1]	$ 28	$ 104
[1]	Devaluation losses primarily relate to the Company’s business activities in Venezuela which operate in a highly inflationary economy. There have been significant changes to the foreign currency exchange rate environment in Venezuela governing the conversion of Venezuelan Bolivars (“Bolivars”) to U.S. dollars. Prior to 2014, companies generally used the official exchange rate controlled by Venezuela’s Commission for the Administration of Foreign Exchange (“CADIVI”), which was 6.3 Bolivars per U.S. Dollar unless they had transactions or were among the entities the Venezuelan government had specifically authorized to use the Supplementary Foreign Currency Administration System (“SICAD”) auction rate. In January 2014, the Venezuelan government significantly expanded the use of the SICAD rate and, in March 2014, the Venezuelan government created a third currency exchange mechanism called SICAD 2 and said it may be used by all entities for all transactions. Until March 31, 2014, the Company’s Venezuelan Bolivar denominated net monetary assets were translated at the official exchange rate of 6.3 Bolivars per U.S. Dollar. During the fourth quarter of fiscal 2014, the Company was able to use the SICAD 2 mechanism to convert a portion of its Venezuelan Bolivar denominated cash to U.S. dollars. Accordingly, the Company remeasured all its Venezuelan Bolivar denominated net monetary assets at the SICAD 2 exchange rate resulting in a devaluation loss of $104 million for fiscal 2014. In February 2015, the Venezuelan government introduced a new foreign currency exchange system called the Marginal Currency System (“SIMADI”). Accordingly, the Company has remeasured all its Venezuelan Bolivar denominated net monetary assets at the devalued SIMADI exchange rate.

Supplemental Guarantor Infor155

Supplemental Guarantor Information (Supplemental Condensed Consolidating Statement of Operations) (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Condensed Income Statements Captions [Line Items]
Revenues		$ 6,205	$ 6,840	$ 8,055	$ 7,887	$ 8,424	$ 8,219	$ 8,163	$ 7,061	$ 28,987	$ 31,867	$ 27,675
Expenses										(23,081)	(26,379)	(22,300)
Equity earnings of affiliates										904	622	655
Interest expense, net										(1,198)	(1,121)	(1,063)
Interest income										39	26	57
Other, net										4,196	174	3,712
Income from continuing operations before income tax expense										9,847	5,189	8,736
Income tax expense										(1,243)	(1,272)	(1,690)
Income from continuing operations										8,604	3,917	7,046
(Loss) income from discontinued operations, net of tax		(29)	(15)	(16)	(7)	33	(16)	225	487	(67)	729	277
Net income										8,537	4,646	7,323
Less: Net income attributable to noncontrolling interests	[1]									(231)	(132)	(226)
Net income attributable to Twenty-First Century Fox, Inc. stockholders		$ 87	$ 975	$ 6,207	$ 1,037	$ 999	$ 1,053	$ 1,207	$ 1,255	8,306	4,514	7,097
Comprehensive income attributable to Twenty-First Century Fox stockholders										6,770	4,799	6,466
Legal Entities | 21st Century Fox America, Inc.
Condensed Income Statements Captions [Line Items]
Revenues										1	1	1
Expenses										(333)	(345)	(467)
Equity earnings of affiliates										(3)	1	1
Interest expense, net										(1,586)	(1,561)	(1,551)
Interest income										9	3	137
Earnings from subsidiary entities										11,205	6,530	5,561
Other, net										53	590	269
Income from continuing operations before income tax expense										9,346	5,219	3,951
Income tax expense										(1,181)	(1,279)	(764)
Income from continuing operations										8,165	3,940	3,187
(Loss) income from discontinued operations, net of tax											(13)	663
Net income										8,165	3,927	3,850
Net income attributable to Twenty-First Century Fox, Inc. stockholders										8,165	3,927	3,850
Comprehensive income attributable to Twenty-First Century Fox stockholders										6,368	4,390	3,147
Legal Entities | Twenty-First Century Fox
Condensed Income Statements Captions [Line Items]
Interest expense, net										(637)	(513)	(491)
Interest income										6	3	6
Earnings from subsidiary entities										9,012	4,200	4,922
Other, net										(8)	82	2,768
Income from continuing operations before income tax expense										8,373	3,772	7,205
Income from continuing operations										8,373	3,772	7,205
(Loss) income from discontinued operations, net of tax										(67)	742	(108)
Net income										8,306	4,514	7,097
Net income attributable to Twenty-First Century Fox, Inc. stockholders										8,306	4,514	7,097
Comprehensive income attributable to Twenty-First Century Fox stockholders										6,770	4,799	6,466
Legal Entities | Non-Guarantor
Condensed Income Statements Captions [Line Items]
Revenues										28,986	31,866	27,674
Expenses										(22,748)	(26,034)	(21,833)
Equity earnings of affiliates										907	621	654
Interest expense, net										(96)	(47)	109
Interest income										1,145	1,020	921
Other, net										4,151	(498)	675
Income from continuing operations before income tax expense										12,345	6,928	8,200
Income tax expense										(1,559)	(1,699)	(1,586)
Income from continuing operations										10,786	5,229	6,614
(Loss) income from discontinued operations, net of tax												968
Net income										10,786	5,229	7,582
Less: Net income attributable to noncontrolling interests										(231)	(132)	(226)
Net income attributable to Twenty-First Century Fox, Inc. stockholders										10,555	5,097	7,356
Comprehensive income attributable to Twenty-First Century Fox stockholders										8,677	5,572	7,519
Reclassifications and Eliminations
Condensed Income Statements Captions [Line Items]
Interest expense, net										1,121	1,000	870
Interest income										(1,121)	(1,000)	(1,007)
Earnings from subsidiary entities										(20,217)	(10,730)	(10,483)
Income from continuing operations before income tax expense										(20,217)	(10,730)	(10,620)
Income tax expense										1,497	1,706	660
Income from continuing operations										(18,720)	(9,024)	(9,960)
(Loss) income from discontinued operations, net of tax												(1,246)
Net income										(18,720)	(9,024)	(11,206)
Net income attributable to Twenty-First Century Fox, Inc. stockholders										(18,720)	(9,024)	(11,206)
Comprehensive income attributable to Twenty-First Century Fox stockholders										$ (15,045)	$ (9,962)	$ (10,666)
[1]	Net income attributable to noncontrolling interests includes $109 million, $95 million and $93 million for the fiscal years ended June 30, 2015, 2014 and 2013, respectively, relating to redeemable noncontrolling interests.

Supplemental Guarantor Infor156

Supplemental Guarantor Information (Supplemental Condensed Consolidating Balance Sheet) (Details) - USD ($) $ in Millions		Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Current assets:
Cash and cash equivalents		$ 8,428	$ 5,415	$ 6,659	$ 9,626
Receivables, net		5,912	6,468
Inventories, net	[1]	2,749	3,092
Other		287	401
Total current assets		17,376	15,376
Non-current assets:
Receivables, net		394	454
Inventories, net		6,411	6,442
Property, plant and equipment, net		1,722	2,931
Intangible assets, net		6,320	8,072
Goodwill		12,513	18,052	17,255
Other		786	607
Investments:
Investments in associated companies and other investments		4,529	2,859
Total investments		4,529	2,859
Total assets		50,051	54,793
Current liabilities:
Borrowings		244	799
Other current liabilities		7,018	8,057
Total current liabilities		7,262	8,856
Non-current liabilities:
Borrowings		18,795	18,259
Other non-current liabilities		5,187	6,236
Redeemable noncontrolling interests		621	541	519	641
Total equity		18,186	20,901	20,125	25,185
Total liabilities and equity		50,051	54,793
Legal Entities | 21st Century Fox America, Inc.
Current assets:
Cash and cash equivalents		767	473	524	561
Receivables, net		11	3
Other		14	10
Total current assets		792	486
Non-current assets:
Receivables, net		15	16
Property, plant and equipment, net		230	145
Other		384	410
Investments:
Investments in associated companies and other investments		50	113
Intragroup investments		92,821	80,714
Total investments		92,871	80,827
Total assets		94,292	81,884
Current liabilities:
Borrowings		200	750
Other current liabilities		467	516
Total current liabilities		667	1,266
Non-current liabilities:
Borrowings		17,278	16,279
Other non-current liabilities		571	316
Intercompany		35,999	33,276
Total equity		39,777	30,747
Total liabilities and equity		94,292	81,884
Legal Entities | Twenty-First Century Fox
Current assets:
Cash and cash equivalents		5,913	3,120	3,956	6,005
Total current assets		5,913	3,120
Investments:
Investments in associated companies and other investments		22	19
Intragroup investments		53,278	46,499
Total investments		53,300	46,518
Total assets		59,213	49,638
Current liabilities:
Other current liabilities		74	85
Total current liabilities		74	85
Non-current liabilities:
Intercompany		41,919	32,135
Total equity		17,220	17,418
Total liabilities and equity		59,213	49,638
Legal Entities | Non-Guarantor
Current assets:
Cash and cash equivalents		1,748	1,822	2,179	3,060
Receivables, net		5,902	6,466
Inventories, net		2,749	3,092
Other		273	391
Total current assets		10,672	11,771
Non-current assets:
Receivables, net		379	438
Inventories, net		6,411	6,442
Property, plant and equipment, net		1,492	2,786
Intangible assets, net		6,320	8,072
Goodwill		12,513	18,052
Other		402	197
Investments:
Investments in associated companies and other investments		4,457	2,727
Total investments		4,457	2,727
Total assets		42,646	50,485
Current liabilities:
Borrowings		44	49
Other current liabilities		6,478	7,457
Total current liabilities		6,522	7,506
Non-current liabilities:
Borrowings		1,517	1,980
Other non-current liabilities		4,616	5,920
Intercompany		(77,918)	(65,411)
Redeemable noncontrolling interests		621	541
Total equity		107,288	99,949
Total liabilities and equity		42,646	50,485
Reclassifications and Eliminations
Current assets:
Cash and cash equivalents		0	0	$ 0	$ 0
Receivables, net		(1)	(1)
Total current assets		(1)	(1)
Investments:
Intragroup investments		(146,099)	(127,213)
Total investments		(146,099)	(127,213)
Total assets		(146,100)	(127,214)
Current liabilities:
Other current liabilities		(1)	(1)
Total current liabilities		(1)	(1)
Non-current liabilities:
Total equity		(146,099)	(127,213)
Total liabilities and equity		$ (146,100)	$ (127,214)
[1]	Current portion of inventories, net as of June 30, 2015 and 2014 was comprised of programming rights ($2,682 million and $3,011 million, respectively), DVDs, Blu-rays and other merchandise.

Supplemental Guarantor Infor157

Supplemental Guarantor Information (Supplemental Condensed Consolidating Statement of Cash Flows) (Details) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Operating activities:
Net cash provided by operating activities from continuing operations	$ 3,617	$ 2,964	$ 3,002
Investing activities:
Property, plant and equipment	(424)	(678)	(622)
Investments	(1,467)	(775)	(1,260)
Proceeds from dispositions, net	8,627	518	1,968
Net cash provided by (used in) investing activities from continuing operations	6,736	(935)	86
Financing activities:
Borrowings	3,161	1,155	1,277
Repayment of borrowings	(2,845)	(296)	(754)
Issuance of shares and excess tax benefit from equity-based compensation	51	66	203
Repurchase of shares	(5,939)	(3,772)	(2,026)
Dividends paid and distributions	(878)	(792)	(613)
Purchase of subsidiary shares from noncontrolling interests	(652)	(127)	(163)
Sale of subsidiary shares to noncontrolling interests			93
Distribution to News Corporation		(10)	(2,588)
Net cash used in financing activities from continuing operations	(7,102)	(3,776)	(4,571)
Discontinued operations:
Net (decrease) increase in cash and cash equivalents from discontinued operations	(49)	571	(1,431)
Net increase (decrease) in cash and cash equivalents	3,202	(1,176)	(2,914)
Cash and cash equivalents, beginning of year	5,415	6,659	9,626
Exchange movement on cash balances	(189)	(68)	(53)
Cash and cash equivalents, end of year	8,428	5,415	6,659
Legal Entities | 21st Century Fox America, Inc.
Operating activities:
Net cash provided by operating activities from continuing operations	43	(756)	(625)
Investing activities:
Property, plant and equipment	(100)	(26)	(21)
Investments	(127)	(4)	(17)
Proceeds from dispositions, net	86	9
Net cash provided by (used in) investing activities from continuing operations	(141)	(21)	(38)
Financing activities:
Borrowings	1,191	987	987
Repayment of borrowings	(750)	(134)	(273)
Sale of subsidiary shares to noncontrolling interests			19
Net cash used in financing activities from continuing operations	441	853	733
Discontinued operations:
Net (decrease) increase in cash and cash equivalents from discontinued operations	(49)	(127)	(107)
Net increase (decrease) in cash and cash equivalents	294	(51)	(37)
Cash and cash equivalents, beginning of year	473	524	561
Cash and cash equivalents, end of year	767	473	524
Legal Entities | Twenty-First Century Fox
Operating activities:
Net cash provided by operating activities from continuing operations	1,340	2,633	2,017
Investing activities:
Investments	(3)		(19)
Proceeds from dispositions, net	8,581	117
Net cash provided by (used in) investing activities from continuing operations	8,578	117	(19)
Financing activities:
Issuance of shares and excess tax benefit from equity-based compensation	51	66	203
Repurchase of shares	(5,939)	(3,772)	(2,026)
Dividends paid and distributions	(587)	(568)	(398)
Purchase of subsidiary shares from noncontrolling interests	(650)
Distribution to News Corporation		(10)	(1,826)
Net cash used in financing activities from continuing operations	(7,125)	(4,284)	(4,047)
Discontinued operations:
Net (decrease) increase in cash and cash equivalents from discontinued operations		698
Net increase (decrease) in cash and cash equivalents	2,793	(836)	(2,049)
Cash and cash equivalents, beginning of year	3,120	3,956	6,005
Cash and cash equivalents, end of year	5,913	3,120	3,956
Legal Entities | Non-Guarantor
Operating activities:
Net cash provided by operating activities from continuing operations	2,234	1,087	1,610
Investing activities:
Property, plant and equipment	(324)	(652)	(601)
Investments	(1,337)	(771)	(1,224)
Proceeds from dispositions, net	(40)	392	1,968
Net cash provided by (used in) investing activities from continuing operations	(1,701)	(1,031)	143
Financing activities:
Borrowings	1,970	168	290
Repayment of borrowings	(2,095)	(162)	(481)
Dividends paid and distributions	(291)	(224)	(215)
Purchase of subsidiary shares from noncontrolling interests	(2)	(127)	(163)
Sale of subsidiary shares to noncontrolling interests			74
Distribution to News Corporation			(762)
Net cash used in financing activities from continuing operations	(418)	(345)	(1,257)
Discontinued operations:
Net (decrease) increase in cash and cash equivalents from discontinued operations			(1,324)
Net increase (decrease) in cash and cash equivalents	115	(289)	(828)
Cash and cash equivalents, beginning of year	1,822	2,179	3,060
Exchange movement on cash balances	(189)	(68)	(53)
Cash and cash equivalents, end of year	1,748	1,822	2,179
Reclassifications and Eliminations
Operating activities:
Net cash provided by operating activities from continuing operations	0	0	0
Investing activities:
Net cash provided by (used in) investing activities from continuing operations	0	0	0
Financing activities:
Net cash used in financing activities from continuing operations	0	0	0
Discontinued operations:
Net increase (decrease) in cash and cash equivalents	0	0	0
Cash and cash equivalents, beginning of year	0	0	0
Cash and cash equivalents, end of year	$ 0	$ 0	$ 0