XML 133 R89.htm IDEA: XBRL DOCUMENT v3.10.0.1
Financial Instruments and Fair Value Measurements - Additional Information (Detail)
$ in Millions, $ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2018
USD ($)
Jun. 30, 2017
USD ($)
Dec. 31, 2016
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2017
USD ($)
Jun. 30, 2016
USD ($)
Jun. 30, 2018
AUD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Changes in fair value of derivative instruments from assessment of hedge effectiveness [1]       $ 4 $ 0 $ 0  
Total notional value of the fair value hedges       74     $ 100
Non-cash impairment charge of goodwill       218 [2] 48 [3]    
Non-cash impairment of goodwill and indefinite-lived intangible assets       43 88    
Non-cash impairment charge       280 785 0  
Fixed-asset impairment charges   $ 464          
Cash Flow Hedging [Member]              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Notional value of foreign exchange contract derivatives designated for hedging       100      
Notional value of interest rate swap derivatives designated as cash flow hedges       518     700
Derivatives designated as hedges   0   296 0 $ 0 $ 400
Amount recognized in earnings for ineffective portion of derivative instruments designated as cash flow hedges       0      
Changes in fair value of derivative instruments from assessment of hedge effectiveness       0      
Estimates of net derivative gains related to cash flow hedges included in Accumulated other comprehensive loss       $ 3      
Estimated time period of net derivative gains related to cash flow hedges       12 months      
Fair Value Hedging [Member]              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Amount recognized in earnings for ineffective portion of derivative instruments designated as cash flow hedges       $ 0      
Changes in fair value of derivative instruments from assessment of hedge effectiveness       0      
Adjustments decreased the carrying value of long-term debt       0      
Not Designated as Hedging Instrument, Economic Hedge [Member] | Foreign Exchange Contract [Member]              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Notional value of foreign exchange contract derivatives designated for hedging       75      
Foxtel [Member]              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Write down of investment $ 957   $ 227        
Investments carrying value prior to recognizing non-cash impairment charges 1,588   1,432        
Investments carrying value subsequent to recognizing non-cash impairment charges 631   1,205        
News America Marketing [Member]              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Non-cash impairment charge of goodwill 120            
Non-cash impairment charge for indefinite-lived intangible assets 45            
Goodwill carrying value prior to recognizing non-cash impairment charges 301            
Goodwill carrying value subsequent to recognizing non-cash impairment charges 181            
Carrying value of intangible assets prior to recognizing non-cash impairment charges 391            
Carrying value of intangible assets subsequent to recognizing non-cash impairment charges 346            
Non-cash impairment of goodwill and indefinite-lived intangible assets       165      
FOX SPORTS Australia Reporting Unit [Member]              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Non-cash impairment charge of goodwill       $ 41      
Goodwill carrying value prior to recognizing non-cash impairment charges 490            
Goodwill carrying value subsequent to recognizing non-cash impairment charges 449            
Non-cash impairment of goodwill and indefinite-lived intangible assets $ 41            
News Corp Australia [Member]              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Fixed assets carrying value prior to recognizing non-cash impairment charges     667        
Fixed assets carrying value subsequent to recognizing non-cash impairment charges     375        
Fixed-asset impairment charges     310   679    
Fixed assets carrying value of intangible assets prior to recognizing non-cash impairment charges     48        
Fixed assets carrying value of intangible assets subsequent to recognizing non-cash impairment charges     $ 30        
United Kingdom Newspapers [Member]              
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]              
Non-cash impairment charge   360     360    
Fixed assets carrying value prior to recognizing non-cash impairment charges   731     731    
Fixed assets carrying value subsequent to recognizing non-cash impairment charges   $ 371     $ 371    
[1] Net of income tax expense of $2 million, nil and nil for the fiscal year ended June 30, 2018, 2017 and 2016, respectively.
[2] In the News and Information Services segment, the write-down of goodwill primarily relates to the News America Marketing reporting unit, and in the Subscription Video Services segment the write-down primarily relates to the FOX SPORTS Australia reporting unit. In the Digital Real Estate Services segment, the write-down of goodwill relates to the Company's DIAKRIT reporting unit.
[3] In the News and Information Services segment, the write-down of goodwill primarily relates to a reporting unit in the U.K. In the Digital Real Estate Services segment, the write-down of goodwill relates to the Company's DIAKRIT reporting unit.