Acquisitions, Disposals and Other Transactions (Tables)

12 Months Ended

Jun. 30, 2016

Move Inc [Member]

Schedule of Total Transaction Value/ Fair Value of Acquisition

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

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

Schedule of Fair Value of Assets Acquired and Liabilities Assumed

Under the purchase method of accounting, the total consideration transferred is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration transferred over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions):

Assets acquired:
Cash	$	108
Other current assets		28
Intangible assets		216
Deferred income taxes		153
Goodwill		552
Other non-current assets		69
Total assets acquired	$	1,126
Liabilities assumed:
Current liabilities	$	50
Deferred income taxes		52
Borrowings		129
Other non-current liabilities		3
Total liabilities assumed		234
Net assets acquired	$	892

iProperty Group Limited [Member]

Schedule of Total Transaction Value/ Fair Value of Acquisition

The total fair value of iProperty at the acquisition date is set forth below (in millions):

Cash paid for iProperty equity	$	340
Deferred consideration		76
Total consideration		416
Fair value of previously held iProperty investment		120
Total fair value	$	536

Schedule of Fair Value of Assets Acquired and Liabilities Assumed

Under the purchase method of accounting, the total consideration is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The excess of the total consideration over the fair value of the net tangible and intangible assets acquired was recorded as goodwill. The allocation is as follows (in millions):

Assets Acquired:
Goodwill	$	498
Intangible assets		72
Net Liabilities		(34	)
Net assets acquired	$	536