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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2013
Operating activities:      
Net (loss) income $ (78) $ 294 $ 547
Adjustments to reconcile net (loss) income to cash provided by operating activities:      
Depreciation and amortization 530 578 548
Equity earnings of affiliates (58) (90) (100)
Cash distributions received from affiliates 138 153 220
Impairment charges, net of tax 371 14 1,138
Other, net (75) (68) (1,593)
Deferred income taxes and taxes payable 8 32 (153)
Change in operating assets and liabilities, net of acquisitions:      
Receivables and other assets 34 (105) 0
Inventories, net 11 23 (15)
Accounts payable and other liabilities (28) 126 44
Pension and postretirement benefit plans (22) (103) (135)
Net cash provided by operating activities 831 854 501
Investing activities:      
Capital expenditures (378) (379) (332)
Acquisitions, net of cash acquired (1,190) (45) (2,156)
Investments in equity affiliates and other (146) (1) (5)
Other investments (224) (83) (7)
Proceeds from dispositions 182 202 826
Other 15 0 0
Net cash used in investing activities (1,741) (306) (1,674)
Financing activities:      
Net transfers from 21st Century Fox and affiliates 0 217 2,749
Repayment of borrowings (129) 0 (235)
Repurchase of shares (30) 0 0
Dividends paid (30) (24) (20)
Purchase of subsidiary shares from noncontrolling interest 0 0 (8)
Other, net (1) (4) 0
Net cash (used in) provided by financing activities (190) 189 2,486
Net (decrease) increase in cash and cash equivalents (1,100) 737 1,313
Cash and cash equivalents, beginning of period 3,145 2,381 1,133
Exchange movement on opening cash balance (94) 27 (65)
Cash and cash equivalents, end of period $ 1,951 $ 3,145 $ 2,381