2023 Q3 Form 10-Q Financial Statement
#000156470823000547 Filed on November 09, 2023
Income Statement
Concept | 2023 Q3 |
---|---|
Revenue | $2.499B |
YoY Change | 0.85% |
Cost Of Revenue | $1.273B |
YoY Change | 0.0% |
Gross Profit | $1.226B |
YoY Change | 1.74% |
Gross Profit Margin | 49.06% |
Selling, General & Admin | $862.0M |
YoY Change | 0.82% |
% of Gross Profit | 70.31% |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | $171.0M |
YoY Change | -4.47% |
% of Gross Profit | 13.95% |
Operating Expenses | $862.0M |
YoY Change | 0.82% |
Operating Profit | $364.0M |
YoY Change | 4.0% |
Interest Expense | -$23.00M |
YoY Change | -14.81% |
% of Operating Profit | -6.32% |
Other Income/Expense, Net | -$35.00M |
YoY Change | 94.44% |
Pretax Income | $95.00M |
YoY Change | -5.94% |
Income Tax | $37.00M |
% Of Pretax Income | 38.95% |
Net Earnings | $30.00M |
YoY Change | -25.0% |
Net Earnings / Revenue | 1.2% |
Basic Earnings Per Share | $0.05 |
Diluted Earnings Per Share | $0.05 |
COMMON SHARES | |
Basic Shares Outstanding | 572.3M shares |
Diluted Shares Outstanding | 574.1M shares |
Balance Sheet
Concept | 2023 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $1.529B |
YoY Change | 4.87% |
Cash & Equivalents | $1.529B |
Short-Term Investments | |
Other Short-Term Assets | $503.0M |
YoY Change | 11.78% |
Inventory | $378.0M |
Prepaid Expenses | |
Receivables | $1.559B |
Other Receivables | $0.00 |
Total Short-Term Assets | $3.969B |
YoY Change | 5.73% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $1.947B |
YoY Change | -1.22% |
Goodwill | $5.104B |
YoY Change | 1.25% |
Intangibles | $2.417B |
YoY Change | -5.7% |
Long-Term Investments | $183.0M |
YoY Change | -30.15% |
Other Assets | $1.289B |
YoY Change | -5.01% |
Total Long-Term Assets | $12.51B |
YoY Change | -1.01% |
TOTAL ASSETS | |
Total Short-Term Assets | $3.969B |
Total Long-Term Assets | $12.51B |
Total Assets | $16.48B |
YoY Change | 0.54% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $324.0M |
YoY Change | -6.9% |
Accrued Expenses | $1.153B |
YoY Change | 4.72% |
Deferred Revenue | $624.0M |
YoY Change | 5.41% |
Short-Term Debt | $0.00 |
YoY Change | |
Long-Term Debt Due | $61.00M |
YoY Change | 165.22% |
Total Short-Term Liabilities | $3.037B |
YoY Change | 0.8% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $2.909B |
YoY Change | -2.28% |
Other Long-Term Liabilities | $431.0M |
YoY Change | -6.71% |
Total Long-Term Liabilities | $3.340B |
YoY Change | -2.88% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $3.037B |
Total Long-Term Liabilities | $3.340B |
Total Liabilities | $6.377B |
YoY Change | -1.16% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$2.114B |
YoY Change | -6.17% |
Common Stock | $11.35B |
YoY Change | -2.05% |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $7.892B |
YoY Change | |
Total Liabilities & Shareholders Equity | $16.48B |
YoY Change | 0.54% |
Cashflow Statement
Concept | 2023 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | $30.00M |
YoY Change | -25.0% |
Depreciation, Depletion And Amortization | $171.0M |
YoY Change | -4.47% |
Cash From Operating Activities | -$55.00M |
YoY Change | 77.42% |
INVESTING ACTIVITIES | |
Capital Expenditures | $124.0M |
YoY Change | 19.23% |
Acquisitions | $20.00M |
YoY Change | 566.67% |
Other Investing Activities | $0.00 |
YoY Change | -100.0% |
Cash From Investing Activities | -$159.0M |
YoY Change | 22.31% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | $28.00M |
YoY Change | -9.68% |
Common Stock Issuance & Retirement, Net | $29.00M |
YoY Change | -77.17% |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | -$65.00M |
YoY Change | -56.38% |
NET CHANGE | |
Cash From Operating Activities | -$55.00M |
Cash From Investing Activities | -$159.0M |
Cash From Financing Activities | -$65.00M |
Net Change In Cash | -$279.0M |
YoY Change | -10.0% |
FREE CASH FLOW | |
Cash From Operating Activities | -$55.00M |
Capital Expenditures | $124.0M |
Free Cash Flow | -$179.0M |
YoY Change | 32.59% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P9M | |
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P1Y | |
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
|
P1Y | |
CY2023Q3 | us-gaap |
Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent | |
CY2023Q2 | us-gaap |
Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
CY2023Q3 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
2000000 | usd |
CY2022Q3 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
1000000 | usd |
CY2023Q3 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
21000000 | usd |
CY2022Q3 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
19000000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
|
-4000000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
129000000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
96000000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
55000000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
61000000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
-203000000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Accounts Payable And Other Operating Liabilities
IncreaseDecreaseInAccountsPayableAndOtherOperatingLiabilities
|
-168000000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-55000000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-31000000 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
124000000 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
104000000 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
20000000 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
3000000 | usd |
CY2023Q3 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
15000000 | usd |
CY2022Q3 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
8000000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
0 | usd |
CY2022Q3 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
4000000 | usd |
CY2023Q3 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
0 | usd |
CY2022Q3 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
19000000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-159000000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-130000000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
925000000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
328000000 | usd |
CY2023Q3 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
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CY2022Q3 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
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337000000 | usd |
CY2023Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
29000000 | usd |
CY2022Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
127000000 | usd |
CY2023Q3 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
28000000 | usd |
CY2022Q3 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
31000000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
0 | usd |
CY2022Q3 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
18000000 | usd |
CY2023Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-65000000 | usd |
CY2022Q3 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-149000000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-279000000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-310000000 | usd |
CY2023Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-25000000 | usd |
CY2022Q3 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-54000000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1529000000 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1458000000 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2499000000 | usd |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2478000000 | usd |
CY2023Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
622000000 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
604000000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
937000000 | usd |
CY2022Q3 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
897000000 | usd |
CY2023Q3 | nws |
Contract With Customer Liability Including New Contracts Revenue Recognized
ContractWithCustomerLiabilityIncludingNewContractsRevenueRecognized
|
929000000 | usd |
CY2022Q3 | nws |
Contract With Customer Liability Including New Contracts Revenue Recognized
ContractWithCustomerLiabilityIncludingNewContractsRevenueRecognized
|
896000000 | usd |
CY2023Q3 | nws |
Contract With Customer Liability Other
ContractWithCustomerLiabilityOther
|
-6000000 | usd |
CY2022Q3 | nws |
Contract With Customer Liability Other
ContractWithCustomerLiabilityOther
|
-13000000 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
624000000 | usd |
CY2022Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
592000000 | usd |
CY2023Q3 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
104000000 | usd |
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
391000000 | usd |
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
349000000 | usd |
CY2023Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
194000000 | usd |
CY2023Q3 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
21000000 | usd |
CY2023Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
17000000 | usd |
CY2023Q3 | nws |
Restructuring And Related Cost Expected Number Of Positions Eliminated Percent
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminatedPercent
|
0.05 | |
CY2022Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
21000000 | usd |
CY2023Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
94000000 | usd |
CY2022Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
66000000 | usd |
CY2023Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
17000000 | usd |
CY2022Q3 | us-gaap |
Restructuring Charges
RestructuringCharges
|
21000000 | usd |
CY2023Q3 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
40000000 | usd |
CY2022Q3 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
24000000 | usd |
CY2023Q3 | us-gaap |
Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
|
-1000000 | usd |
CY2022Q3 | us-gaap |
Restructuring Reserve Translation And Other Adjustment
RestructuringReserveTranslationAndOtherAdjustment
|
-1000000 | usd |
CY2023Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
70000000 | usd |
CY2022Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
62000000 | usd |
CY2023Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
183000000 | usd |
CY2023Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
192000000 | usd |
CY2023Q3 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
208000000 | usd |
CY2023Q2 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
235000000 | usd |
CY2023Q3 | us-gaap |
Long Term Investments
LongTermInvestments
|
391000000 | usd |
CY2023Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
427000000 | usd |
CY2023Q3 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
-23000000 | usd |
CY2022Q3 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
-3000000 | usd |
CY2023Q3 | nws |
Equity Securities Realized Gain Loss
EquitySecuritiesRealizedGainLoss
|
0 | usd |
CY2022Q3 | nws |
Equity Securities Realized Gain Loss
EquitySecuritiesRealizedGainLoss
|
0 | usd |
CY2023Q3 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-23000000 | usd |
CY2022Q3 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
-3000000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
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CY2022Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
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CY2023Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
34000000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
42000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2970000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
2967000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
61000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
27000000 | usd |
CY2023Q3 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2909000000 | usd |
CY2023Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2940000000 | usd |
CY2023Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
26000000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
27000000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8945000000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
58000000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-131000000 | usd |
CY2023Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
85000000 | usd |
CY2023Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
29000000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
22000000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
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CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9143000000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
66000000 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-251000000 | usd |
CY2022Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
89000000 | usd |
CY2022Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
127000000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
14000000 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8728000000 | usd |
CY2021Q3 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
1000000000 | usd |
CY2023Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
548000000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
58000000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
66000000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
28000000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
26000000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
30000000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
40000000 | usd |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
572300000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
581300000 | shares |
CY2023Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1800000 | shares |
CY2022Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1900000 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
574100000 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
583200000 | shares |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.07 | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
37000000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
95000000 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
35000000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
101000000 | usd |
CY2023Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
25000000 | usd |
CY2022Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
40000000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
8000000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
1000000 | usd |
CY2023Q3 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
6 | segment |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2499000000 | usd |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2478000000 | usd |
CY2023Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
171000000 | usd |
CY2022Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
179000000 | usd |
CY2023Q3 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
38000000 | usd |
CY2022Q3 | us-gaap |
Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
|
21000000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-2000000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-4000000 | usd |
CY2023Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-23000000 | usd |
CY2022Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-27000000 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-35000000 | usd |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-18000000 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
95000000 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
101000000 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
37000000 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
35000000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
58000000 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
66000000 | usd |
CY2023Q3 | us-gaap |
Long Term Investments
LongTermInvestments
|
391000000 | usd |
CY2023Q2 | us-gaap |
Long Term Investments
LongTermInvestments
|
427000000 | usd |
CY2023Q3 | us-gaap |
Assets
Assets
|
16475000000 | usd |
CY2023Q2 | us-gaap |
Assets
Assets
|
16921000000 | usd |
CY2023Q3 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
7521000000 | usd |
CY2023Q2 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
7629000000 | usd |
CY2023Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1621000000 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1482000000 | usd |
CY2023Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
62000000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
57000000 | usd |
CY2023Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1559000000 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1425000000 | usd |
CY2023Q3 | nws |
Royalty Advances To Authors
RoyaltyAdvancesToAuthors
|
375000000 | usd |
CY2023Q2 | nws |
Royalty Advances To Authors
RoyaltyAdvancesToAuthors
|
376000000 | usd |
CY2023Q3 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
132000000 | usd |
CY2023Q2 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
134000000 | usd |
CY2023Q3 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
241000000 | usd |
CY2023Q2 | us-gaap |
Inventory Noncurrent
InventoryNoncurrent
|
267000000 | usd |
CY2023Q3 | us-gaap |
Business Combination Contingent Consideration Asset Noncurrent
BusinessCombinationContingentConsiderationAssetNoncurrent
|
160000000 | usd |
CY2023Q2 | us-gaap |
Business Combination Contingent Consideration Asset Noncurrent
BusinessCombinationContingentConsiderationAssetNoncurrent
|
157000000 | usd |
CY2023Q3 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
381000000 | usd |
CY2023Q2 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
407000000 | usd |
CY2023Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1289000000 | usd |
CY2023Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
1341000000 | usd |
CY2023Q3 | nws |
Accrued Commission And Royalties Current
AccruedCommissionAndRoyaltiesCurrent
|
242000000 | usd |
CY2023Q2 | nws |
Accrued Commission And Royalties Current
AccruedCommissionAndRoyaltiesCurrent
|
206000000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
107000000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
112000000 | usd |
CY2023Q3 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
149000000 | usd |
CY2023Q2 | us-gaap |
Customer Refund Liability Current
CustomerRefundLiabilityCurrent
|
154000000 | usd |
CY2023Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
10000000 | usd |
CY2023Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
16000000 | usd |
CY2023Q3 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
367000000 | usd |
CY2023Q2 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
465000000 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
875000000 | usd |
CY2023Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
953000000 | usd |
CY2023Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
19000000 | usd |
CY2022Q3 | us-gaap |
Interest Paid Net
InterestPaidNet
|
28000000 | usd |
CY2023Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
25000000 | usd |
CY2022Q3 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
40000000 | usd |
CY2023Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false |