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Segment Information (Tables)
9 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Reconciliation of Revenue and Segment EBITDA from Segments to Consolidated

The following table reconciles Total Segment EBITDA to Income (loss) from continuing operations.

 

     For the three months
ended March 31,
    For the nine months
ended March 31,
 
         2017             2016             2017             2016      
     (in millions)  

Revenues:

        

News and Information Services

   $ 1,263     $ 1,231     $ 3,788     $ 3,921  

Book Publishing

     374       358       1,229       1,213  

Digital Real Estate Services

     219       194       687       593  

Cable Network Programming

     122       107       354       337  

Other

     —         1       1       2  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Revenues

     1,978       1,891       6,059       6,066  
  

 

 

   

 

 

   

 

 

   

 

 

 

Segment EBITDA:

        

News and Information Services

   $ 123     $ (187   $ 311     $ 54  

Book Publishing

     37       36       160       135  

Digital Real Estate Services

     75       39       237       169  

Cable Network Programming

     34       34       99       101  

Other

     (54     (44     (137     (136
  

 

 

   

 

 

   

 

 

   

 

 

 

Total Segment EBITDA

     215       (122     670       323  
  

 

 

   

 

 

   

 

 

   

 

 

 

Depreciation and amortization

     (109     (126     (349     (370

Impairment and restructuring charges

     (33     (24     (409     (63

Equity (losses) earnings of affiliates

     (23     2       (276     25  

Interest, net

     8       11       30       34  

Other, net

     (13     33       127       32  
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) from continuing operations before income tax (expense) benefit

     45       (226     (207     (19

Income tax (expense) benefit

     (45     98       (12     140  
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) from continuing operations

   $ —       $ (128   $ (219   $ 121  
  

 

 

   

 

 

   

 

 

   

 

 

 
Reconciliation of Assets from Segments to Consolidated
     As of March 31,
2017
     As of June 30,
2016
 
     (in millions)  

Total assets:

     

News and Information Services

   $ 6,641      $ 6,728  

Book Publishing

     1,824        1,855  

Digital Real Estate Services

     2,271        2,158  

Cable Network Programming

     1,174        1,101  

Other(a)

     966        1,371  

Investments

     2,010        2,270  
  

 

 

    

 

 

 

Total assets

   $ 14,886      $ 15,483  
  

 

 

    

 

 

 

 

(a)

The Other segment primarily includes Cash and cash equivalents.

Reconciliation of Goodwill and Intangible Assets from Segments to Consolidated
     As of March 31,
2017
     As of June 30,
2016
 
     (in millions)  

Goodwill and intangible assets, net:

     

News and Information Services

   $ 2,955      $ 2,651  

Book Publishing

     825        869  

Digital Real Estate Services

     1,481        1,499  

Cable Network Programming

     910        898  

Other

     4        4  
  

 

 

    

 

 

 

Total goodwill and intangible assets, net

   $ 6,175      $ 5,921