Discontinued Operations (Tables)

3 Months Ended

Sep. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Summary of Results of Operations from Discontinued Operations

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

	For the three months ended September 30,
	2016		2015
	(in millions)
Revenues	$	—	$	26
Loss before income tax benefit		—		(122	)
Income tax benefit		—		168
Income from discontinued operations, net of tax	$	—	$	46

Summary of Cash Flows from Discontinued Operations

The following table summarizes the cash flows from discontinued operations:

	For the three months ended September 30,
	2016			2015
	(in millions)
Net cash used in operating activities	$	(3	)	$	(35	)
Net cash used in investing activities		—			—
Net cash used in financing activities		—			—
Net decrease in cash and cash equivalents	$	(3	)	$	(35	)

Summary of Liabilities Held for Sale Related to Discontinued Operations

Liabilities held for sale related to discontinued operations as of September 30, 2016 and June 30, 2016 are included in Other current liabilities in the Balance Sheets as follows:

	As of September 30, 2016			As of June 30, 2016
	(in millions)
Current assets	$	—		$	1
Non-current assets		—			—
Total assets	$	—		$	1
Current Liabilities		5			7
Non-current liabilities		—			—
Total liabilities	$	5		$	7
Net liabilities held for sale	$	(5	)	$	(6	)