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Commitments and Contingencies (Tables)
12 Months Ended
Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Commitments by Fiscal Year Maturity

The following table summarizes the Company’s material firm commitments as of June 30, 2017:

 

     As of June 30, 2017  
     Payments Due by Period  
     Total      Less than
1  year
     1-3 years      3-5 years      More than
5  years
 
     (in millions)  

Purchase obligations(a)

   $ 1,105      $ 422      $ 350      $ 195      $ 138  

Sports programming rights(b)

     1,287        223        502        427        135  

Operating leases(c)

              

Land and buildings

     1,641        157        285        222        977  

Plant and machinery

     5        3        2        —          —    

Borrowings(d)

     380        103        277        —          —    
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total commitments and contractual obligations

   $ 4,418      $ 908      $ 1,416      $ 844      $ 1,250  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(a) 

The Company has commitments under purchase obligations related to printing contracts, capital projects, marketing agreements, production services and other legally binding commitments.

(b) 

The Company has sports programming rights commitments with National Rugby League, Football Federation Australia, Australian Rugby Union and International Cricket as well as certain other broadcast rights which are payable through fiscal 2023.

(c) 

The Company leases office facilities, warehouse facilities, printing plants and equipment. These leases, which are classified as operating leases, are expected to be paid at certain dates through fiscal 2062. This amount includes approximately $210 million of land and office facilities that have been subleased from 21st Century Fox.

(d) 

Primarily represents the REA Facility based on the contractual maturity date of the various sub facilities included within the agreement. (See Note 9—Borrowings).