XML 61 R47.htm IDEA: XBRL DOCUMENT v3.19.2
Commitments and Contingencies (Tables)
 12 Months Ended
Jun. 30, 2019
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, 2019:
 
  
As of June 30, 2019
 
  
Payments Due by Period
 
  
Total
  
Less than 1
year
  
1-3 years
  
3-5 years
  
More than 5

years
 
  
(in millions)
 
Purchase obligations
(a)
 $1,012  $461  $362  $138  $51 
Sports programming rights
(b)
  1,793   501   912   380   — 
Programming costs
(c)
  378   141   183   54   — 
Operating leases
(d)
                    
Transmission costs
(e)
  408   63   121   115   109 
Land and buildings
  1,499   172   289   248   790 
Plant and machinery
  12   5   6   1   — 
Borrowings
(f)
  1,449   450   579   270   150 
Interest payments on borrowings
(g)
  111   45   51   15   — 
  
 
 
  
 
 
  
 
 
  
 
 
  
 
 
 
Total commitments and contractual obligations
 $6,662  $1,838  $2,503  $1,221  $1,100 

 
(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 the National Rugby League, Australian Football League, Cricket Australia, domestic football league and Australian Rugby Union as well as certain other broadcast rights which are payable through fiscal 2024.
(c)
The Company has programming rights commitments with various suppliers for programming content.
(d)
The Company leases office facilities, warehouse facilities, printing plants, satellite services and equipment. These leases, which are classified as operating leases, are expected to be paid at certain dates through fiscal 2021. This amount includes approximately $45 million of office facilities that have been subleased from Fox Corporation (“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, 2019. Such rates are subject to change in future periods. See Note 9—Borrowings.