Discontinued Operations (Tables)

9 Months Ended

Mar. 31, 2016

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 March 31,						For the nine months ended March 31,
	2016			2015			2016			2015
	(in millions)
Revenues	$	—		$	21		$	27		$	85
Loss before income tax benefit		(3	)		(29	)		(154	)		(92	)
Income tax benefit		1			7			174			30
(Loss) income from discontinued operations, net of tax	$	(2	)	$	(22	)	$	20		$	(62	)

The following table summarizes the cash flows from discontinued operations:

	For the nine months ended March 31,
	2016			2015
	(in millions)
Net cash used in operating activities	$	(66	)	$	(124	)
Net cash provided by (used in) investing activities		15			(50	)
Net cash used in financing activities		—			—
Net decrease in cash and cash equivalents	$	(51	)	$	(174	)

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

Assets and liabilities held for sale related to discontinued operations as of March 31, 2016 and June 30, 2015 are included in Other current liabilities and Other current assets, respectively, in the Balance Sheets as follows:

	As of March 31, 2016			As of June 30, 2015
	(in millions)
Current assets	$	1		$	54
Non-current assets		—			100
Total assets	$	1		$	154
Current Liabilities		11			46
Non-current liabilities		—			16
Total liabilities	$	11		$	62
Net (liabilities) assets held for sale	$	(10	)	$	92