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Fair Value (Schedule of Financial Assets and Liabilities Carried at Fair Value on a Recurring Basis) (Details) - USD ($)
$ in Millions
Jun. 30, 2019
Jun. 30, 2018
Assets    
Investments $ 761 $ 257
Redeemable noncontrolling interests (189) (275)
Fair Value, Measurements, Recurring    
Assets    
Investments [1] 761 257
Redeemable noncontrolling interests [2] (189) (275)
Total 572 (18)
Fair Value, Measurements, Recurring | Level 1    
Assets    
Investments [1] 545 257
Redeemable noncontrolling interests [2] 0 0
Total 545 257
Fair Value, Measurements, Recurring | Level 2    
Assets    
Investments [1] 216 0
Redeemable noncontrolling interests [2] 0 0
Total 216 0
Fair Value, Measurements, Recurring | Level 3    
Assets    
Investments [1] 0 0
Redeemable noncontrolling interests [2] (189) (275)
Total $ (189) $ (275)
[1] The investment categorized as Level 1 represents an investment in equity securities of Roku, Inc. (“Roku”) with a readily determinable fair value. The investment categorized as Level 2 represents an investment in equity securities of The Stars Group estimated using the quoted market price of The Stars Group common stock less a discount due to a lack of marketability (“DLOM”). The DLOM was derived based on the remaining term of the lock up period and the volatility of The Stars Group common stock (See Note 3—Acquisitions, Disposals and Other Transactions under the heading “Fiscal 2019” for further discussion).
[2] The Company utilizes the market approach valuation technique for its Level 3 fair value measures. Inputs to such measures could include observable market data obtained from independent sources such as broker quotes and recent market transactions for similar assets. It is the Company’s policy to maximize the use of observable inputs in the measurement of its Level 3 fair value measurements. To the extent observable inputs are not available, the Company utilizes unobservable inputs based upon the assumptions market participants would use in valuing the liability. Examples of utilized unobservable inputs are future cash flows and long-term growth rates.