The following table summarizes the Company’s material firm commitments as of June 30, 2018:


	As of June 30, 2018
	Payments Due by Period
	Total		Less than 1 year		1-3 years		3-5 years		More than 5 years
	(in millions)
Purchase obligations^(a)	$	1,165	$	505	$	409	$	168	$	83
Sports programming rights^(b)		2,316		490		966		750		110
Programming costs^(c)		239		120		100		19		—
Operating leases^(d)
Transmission costs^(e)		480		66		122		118		174
Land and buildings		1,585		168		291		244		882
Plant and machinery		26		7		10		8		1
Borrowings^(f)		1,937		459		962		373		143
Interest payments on borrowings^(g)		196		19		56		77		44

Total commitments and contractual obligations	$	7,944	$	1,834	$	2,916	$	1,757	$	1,437

^(a)	The Company has commitments under purchase obligations related to minimum subscriber guarantees for license fees, 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, Australian Football League, Cricket Australia, the domestic football league and Australian Rugby Union as well as certain other broadcast rights which are payable through fiscal 2024. In April 2018, new Foxtel entered into a sports programming rights agreement with Cricket Australia to broadcast domestic cricket for a six year period from 2018 to 2024. The sports rights commitments are included in the table above.

^(c)	The Company has programming rights commitments with various suppliers for programming content.

^(d)

The Company leases office facilities, warehouse facilities, printing plants, satellite service agreements 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 $175 million of land and office facilities that have been subleased from 21st Century Fox.

^(e)	The Company has contractual commitments for satellite transmission services. The transponder services arrangements extend through 2029 and are accounted for as operating leases.

^(f)	See Note 9—Borrowings.

^(g)	Reflects the Company’s expected future interest payments on borrowings outstanding and interest rates applicable at June 30, 2018. Such rates are subject to change in future periods. See Note 9—Borrowings.