XML 142 R41.htm IDEA: XBRL DOCUMENT v2.4.0.8
Commitments and Contingencies (Tables)
12 Months Ended
Jun. 30, 2014
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, 2014:

 

     As of June 30, 2014  
     Payments Due by Period  
     Total      1 year      2-3 years      4-5 years      After 5
years
 
            (in millions)         

Purchase obligations(a)

   $ 1,301       $ 432       $ 315       $ 169       $ 385   

Sports programming rights(b)

     626         187         363         68         8   

Operating leases(c)

              

Land and buildings

     1,832         141         233         266         1,192   

Plant and machinery

     9         5         4         —           —     
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total commitments and contractual obligations

   $ 3,768       $ 765       $ 915       $ 503       $ 1,585   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(a)  The Company has commitments under purchase obligations related to printing contracts, capital projects, marketing agreements and other legally binding commitments.
(b)  The Company has sports programming rights commitments with National Rugby League, Football Federation Australia, English Premier League as well as certain other broadcast rights which are payable through fiscal 2021.
(c)  The Company leases office facilities, warehouse facilities, printing plants and equipment. These leases, which are classified as operating leases, are expected to be paid at certain dates through fiscal 2062. This amount includes approximately $315 million of office facilities that have been subleased from 21st Century Fox.
Net Impact of U.K. Newspaper Matters on Selling, General and Administrative Expenses

Refer to the table below for the net impact of the U.K. Newspaper Matters on Selling, general and administrative expenses recorded in the Statements of Operations:

 

     For the fiscal years ended June 30,  
     2014     2013      2012  
     (in millions)  

Gross legal and professional fees related to the U.K. Newspaper Matters

   $ 169      $ 183       $ 199   

Indemnification from 21st Century Fox

     (97     —           —     
  

 

 

   

 

 

    

 

 

 

Net impact on Selling, general and administrative expenses

   $ 72      $ 183       $ 199