XML 28 R13.htm IDEA: XBRL DOCUMENT v3.7.0.1
Restructuring Programs
12 Months Ended
Jun. 30, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Programs

NOTE 5. RESTRUCTURING PROGRAMS

The Company recorded restructuring charges of $142 million, $89 million and $84 million for the fiscal years ended June 30, 2017, 2016 and 2015, respectively, of which $133 million, $79 million and $75 million related to the News and Information Services segment, respectively. The restructuring charges recorded in fiscal 2017, 2016 and 2015 were primarily for employee termination benefits.

In connection with a reorganization at Dow Jones, the Company incurred $38 million of restructuring expense in the fiscal year ended June 30, 2017 which is included in the restructuring charges discussed above.

Changes in the restructuring program liabilities were as follows:

 

     One-time
employee
termination
benefits
    Facility
related

costs
    Other
costs
    Total  
     (in millions)  

Balance, June 30, 2014

   $ 21     $ 7     $  —       $ 28  

Additions

     74       1       9       84  

Payments

     (46     (3     (3     (52

Other

     (2     —         —         (2
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance, June 30, 2015

   $ 47     $ 5     $ 6     $ 58  

Additions

     86       1       2       89  

Payments

     (95     (1     —         (96

Other

     (5     —         (2     (7
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance, June 30, 2016

   $ 33     $ 5     $ 6     $ 44  

Additions

     137       —         5       142  

Payments

     (135     (1     (1     (137

Other

     (2     2       —         —    
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance, June 30, 2017

   $ 33     $ 6     $ 10     $ 49  
  

 

 

   

 

 

   

 

 

   

 

 

 

As of June 30, 2017, restructuring liabilities of approximately $35 million were included in the Balance Sheet in Other current liabilities and $14 million were included in Other non-current liabilities.