Discontinued Operations (Tables)

3 Months Ended

Sep. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Summary of Results of Operations and Cash Flows from Discontinued Operations

The following table summarizes the results of operations from the discontinued segment:

	For the three months ended September 30,
	2015			2014
	(in millions)
Revenues	$	26		$	42
Loss before income tax benefit		(122	)		(31	)
Income tax benefit		168			10
Income (loss) from discontinued operations, net of tax	$	46		$	(21	)

The following table summarizes the cash flows from discontinued operations:

	For the three months ended September 30,
	2015			2014
	(in millions)
Net cash used in operating activities	$	(35	)	$	(37	)
Net cash used in investing activities		—			(20	)
Net cash used in financing activities		—			—
Net decrease in cash and cash equivalents	$	(35	)	$	(57	)

Summary of Assets and Liabilities Held for Sale Related to Discontinued Operations

Assets and liabilities held for sale related to discontinued operations as of September 30, 2015 and June 30, 2015 are included in Other current assets in the Balance Sheets as follows:

	As of September 30, 2015		As of June 30, 2015
	(in millions)
Current assets	$	61	$	54
Non-current assets		17		100
Total assets	$	78	$	154
Current Liabilities		60		46
Non-current liabilities		13		16
Total liabilities	$	73	$	62
Net assets held for sale	$	5	$	92