XML 86 R59.htm IDEA: XBRL DOCUMENT v2.4.0.8
Investments - Schedule of Earnings of Equity Affiliates (Detail) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
Schedule of Equity Method Investments [Line Items]      
Equity earnings of affiliates $ 90 $ 100 $ 90
Foxtel [Member]
     
Schedule of Equity Method Investments [Line Items]      
Equity earnings of affiliates 90 [1] 66 [1] 31 [1]
Pay Television and Cable Network Programming Equity Affiliates [Member]
     
Schedule of Equity Method Investments [Line Items]      
Equity earnings of affiliates 0 [2] 51 [2] 83 [2]
Other Equity Affiliates, Net [Member]
     
Schedule of Equity Method Investments [Line Items]      
Equity earnings of affiliates $ 0 $ (17) $ (24)
[1] The Company owned 25% of Foxtel through November 2012. In November 2012, the Company increased its ownership in Foxtel to 50% as a result of the CMH acquisition. In accordance with ASC 350, the Company amortized $62 million, $43 million and nil related to excess cost over the Company's proportionate share of its investment's underlying net assets allocated to finite-lived intangible assets during the fiscal years ended June 30, 2014, 2013 and 2012, respectively. Such amortization is reflected in Equity earnings of affiliates in the Statements of Operations.
[2] Includes equity earnings of FOX SPORTS Australia and SKY Network Television Ltd. The Company acquired the remaining interest in FOX SPORTS Australia in November 2012 as a result of the CMH acquisition. The results of FOX SPORTS Australia have been included within the Cable Network Programming segment in the Company's consolidated results of operations since November 2012. In March 2013, the Company sold its 44% equity interest in SKY Network Television Ltd. for approximately $675 million and recorded a gain of approximately $321 million which was included in Other, net in the Statement of Operations for the fiscal year ended June 30, 2013. For the fiscal years ended June 30, 2013 and 2012, the Company received dividends from SKY Network Television Ltd. of $60 million and $64 million, respectively.