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Investments - Schedule of Available-for-Sale Investments (Detail) - USD ($)
$ in Millions
Dec. 31, 2016
Jun. 30, 2016
Investments Schedule [Abstract]    
Cost basis of available-for-sale investments $ 125 $ 155
Accumulated gross unrealized gain 1 34
Accumulated gross unrealized loss 0 0
Fair value of available-for-sale investments [1] 126 189
Net deferred tax (asset) liability $ 0 $ 13
[1] Available-for-sale securities primarily include the Company's investments in APN and The Rubicon Project, Inc. During fiscal 2016, the Company participated in an entitlement offer to maintain its 14.99% interest in APN for $20 million. During the three months ended December 31, 2016, the Company participated in an entitlement offer for $21 million and its interest was diluted from 14.99% to 13.23%. APN operates a portfolio of Australian radio and outdoor media assets.