Acquisitions, Disposals and Other Transactions (Tables) (Move Inc [Member])

9 Months Ended

Mar. 31, 2015

Move Inc [Member]

Schedule of Total Transaction Value for Acquisition

The total transaction value for the Move acquisition is set forth below (in millions):

Cash paid for Move equity	$	864
Assumed equity compensation awards - pre-combination services		28
Total consideration transferred	$	892
Plus: Assumed debt		129
Plus: Assumed equity compensation awards - post-combination services		39
Less: Cash acquired		(108	)
Total transaction value	$	952

Schedule of Fair Value of Assets Acquired and Liabilities Assumed on Preliminary Allocation

Under the purchase method of accounting, the total consideration transferred is allocated to net tangible and intangible assets based upon Move’s estimated fair value as of the date of completion of the acquisition. The preliminary allocation is as follows (in millions):

Assets acquired:
Cash	$	108
Current assets		23
Intangible assets		260
Goodwill		689
Noncurrent assets		35
Total assets acquired	$	1,115
Liabilities assumed:
Current liabilities	$	50
Deferred income taxes		41
Borrowings		129
Other noncurrent liabilities		3
Total liabilities assumed		223
Net assets acquired	$	892