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Discontinued Operations (Tables)
9 Months Ended
Mar. 31, 2017
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 March 31,
    For the nine months
ended March 31,
 
         2017              2016             2017              2016      
     (in millions)  

Revenues

   $ —        $ —       $ —        $ 27  

Loss before income tax benefit

       —          (3     —          (154

Income tax benefit

     —                1         —          174  
  

 

 

    

 

 

   

 

 

    

 

 

 

(Loss) income from discontinued operations, net of tax

   $ —        $ (2   $ —        $ 20  
  

 

 

    

 

 

   

 

 

    

 

 

 
Summary of Liabilities Held for Sale Related to Discontinued Operations

Liabilities held for sale related to discontinued operations as of March 31, 2017 and June 30, 2016 are included in Other current liabilities in the Balance Sheets as follows:

 

     As of
March 31,
2017
    As of
June 30,
2016
 
      
     (in millions)  

Current assets

   $ —       $ 1  

Non-current assets

       —         —    
  

 

 

   

 

 

 

Total assets

   $ —       $ 1  
  

 

 

   

 

 

 

Current liabilities

     3       7  

Non-current liabilities

     —         —    
  

 

 

   

 

 

 

Total liabilities

   $ 3     $ 7  
  

 

 

   

 

 

 

Net liabilities held for sale

   $ (3   $ (6