XML 22 R8.htm IDEA: XBRL DOCUMENT v2.4.0.6
OTHER LIABILITIES
6 Months Ended
Dec. 31, 2012
OTHER LIABILITIES [Abstract]  
OTHER LIABILITIES

NOTE 3. OTHER LIABILITIES

Other liabilities consisted of the following as of:

  12/31/2012   6/30/2012
Employee benefit obligations $ 325   $ 312
Venture agreement net terminal obligation   283     281
Taxes   68     82
Other   112     64
Total $ 788   $ 739

In December 2012, the Company completed a sale-leaseback transaction under which it sold its general office building in Oakland, Calif. to an unrelated party for net proceeds of $108 and entered into a 15-year operating lease agreement with the buyer for a portion of the building. The Company recorded a liability of $52 ($3 of which is included in accrued liabilities) for the portion of the total gain on the sale that is equivalent to the present value of the lease payments and will amortize such amount to earnings ratably over the lease term. The Company recorded a gain upon sale of $6, which is included in other income, net, in the condensed consolidated statements of earnings and comprehensive income.