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Acquisitions, Disposals and Other Transactions (Tables)
6 Months Ended
Dec. 31, 2016
Wireless Group plc [Member]  
Schedule of Total Transaction Value/ Fair Value of Acquisition

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

 

Cash paid for Wireless Group equity

   $ 285   

Plus: Assumed debt

     23   
  

 

 

 

Total transaction value

   $ 308   
  

 

 

 

Schedule of Fair Value of Assets Acquired and Liabilities Assumed

Under the acquisition 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:

  

Intangible assets

   $ 213   

Goodwill

     121   

Net liabilities

     (49
  

 

 

 

Total net assets acquired

   $ 285   
  

 

 

 
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 acquisition 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
  

 

 

 

Total net assets acquired

   $ 536