Impairment and Restructuring Charges

6 Months Ended

Dec. 31, 2018

Restructuring and Related Activities [Abstract]

Impairment and Restructuring Charges

NOTE 4. IMPAIRMENT AND RESTRUCTURING CHARGES

Fiscal 2019

During the three and six months ended December 31, 2018, the Company recorded restructuring charges of $19 million and $37 million, respectively, of which $15 million and $32 million, respectively, related to the News and Information Services segment. The restructuring charges recorded in fiscal 2019 were for employee termination benefits.

Fiscal 2018

During the three and six months ended December 31, 2017, the Company recorded restructuring charges of $12 million and $27 million, respectively, of which $11 million and $25 million, respectively, related to the News and Information Services segment. The restructuring charges recorded in fiscal 2018 were primarily for employee termination benefits.

Changes in restructuring program liabilities were as follows:

	For the three months ended December 31,
	2018										2017
	One time employee termination benefits			Facility related costs		Other costs		Total			One time employee termination benefits			Facility related costs			Other costs			Total
	(in millions)
Balance, beginning of period	$	23		$	2	$	11	$	36		$	25		$	5		$	10		$	40
Additions		19			—		—		19			11			—			1			12
Payments		(21	)		—		—		(21	)		(15	)		(1	)		(1	)		(17	)
Other		(1	)		—		—		(1	)		1			—			—			1
Balance, end of period	$	20		$	2	$	11	$	33		$	22		$	4		$	10		$	36

	For the six months ended December 31,
	2018											2017
	One time employee termination benefits			Facility related costs		Other costs			Total			One time employee termination benefits			Facility related costs			Other costs			Total
	(in millions)
Balance, beginning of period	$	29		$	2	$	11		$	42		$	33		$	6		$	10		$	49
Additions		37			—		—			37			26			—			1			27
Payments		(44	)		—		(1	)		(45	)		(38	)		(1	)		(1	)		(40	)
Other		(2	)		—		1			(1	)		1			(1	)		—			—
Balance, end of period	$	20		$	2	$	11		$	33		$	22		$	4		$	10		$	36

As of December 31, 2018, restructuring liabilities of approximately $23 million were included in the Balance Sheet in Other current liabilities and $10 million were included in Other non-current liabilities.