Discontinued Operations (Tables)

6 Months Ended

Dec. 31, 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 December 31,						For the six months ended December 31,
	2015			2014			2015			2014
	(in millions)
Revenues	$	1		$	22		$	27		$	64
Loss before income tax benefit		(29	)		(32	)		(151	)		(63	)
Income tax benefit		5			13			173			23
(Loss) income from discontinued operations, net of tax	$	(24	)	$	(19	)	$	22		$	(40	)

The following table summarizes the cash flows from discontinued operations:

	For the six months ended December 31,
	2015			2014
	(in millions)
Net cash used in operating activities	$	(59	)	$	(52	)
Net cash used in investing activities		19			(33	)
Net cash used in financing activities		—			—
Net decrease in cash and cash equivalents	$	(40	)	$	(85	)

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

Assets and liabilities held for sale related to discontinued operations as of December 31, 2015 and June 30, 2015 are included in Other current assets and Other current liabilities, respectively, in the Balance Sheets as follows:

	As of December 31, 2015			As of June 30, 2015
	(in millions)
Current assets	$	1		$	54
Non-current assets		—			100
Total assets	$	1		$	154
Current liabilities		18			46
Non-current liabilities		—			16
Total liabilities	$	18		$	62
Net (liabilities) assets held for sale	$	(17	)	$	92