Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts (Tables)

12 Months Ended

Jun. 30, 2016

Reinsurance Assets And Policy Holder Liabilities Under Insurance And Investment Contracts [Abstract]

Summary Of Movement In Assets And Policy Holder Liabilities Under Investment Contracts

		Assets(1)			Investment contracts(2)
Balances acquired on July 1, 2014	$	688		$	(688	)
Foreign currency adjustment(3)		(95	)		95
Balance as of June 30, 2015	$	593		$	(593	)
Increase in policy holder benefits under investment contracts		35			(35	)
Foreign currency adjustment(3)		(100	)		100
Balance as of June 30, 2016	$	528		$	(528	)

(1) Included in other long-term assets; (2) Included in other long-term liabilities;

(3) The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the U.S. dollar.

Summary Of The Movement In Reinsurance Assets And Policy Holder Liabilities Under Insurance Contracts

		Reinsurance			Insurance
		assets(1)			contracts(2)
Balances acquired on July 1, 2014	$	21,062		$	(21,478	)
Claims and policyholders' benefits under insurance contracts		30			(55	)
Transfer to reinsurer(3)		(18,000	)		18,000
Foreign currency adjustment(4)		(2,909	)		2,966
Balance as of June 30, 2015		183			(567	)
Increase in policy holder benefits under insurance contracts		463			(1,408	)
Claims and policyholders' benefits under insurance contracts		(444	)		801
Foreign currency adjustment(4)		(31	)		96
Balance as of June 30, 2016	$	171		$	(1,078	)

(1) Included in other long-term assets;

(2) Included in other long-term liabilities;

(3) Smart Life has agreed to transfer certain fully reinsured policies to the reinsurer pursuant to conditions imposed by the South African Financial Service Board to uplift the suspension of its life insurance license.

(4) The foreign currency adjustment represents the effects of the fluctuations between the ZAR against the U.S. dollar.