OTHER LIABILITIES

9 Months Ended

Mar. 31, 2013

NOTE 3. OTHER LIABILITIES

Other liabilities consisted of the following as of:

	3/31/2013		6/30/2012
Employee benefit obligations	$	322	$	312
Venture agreement net terminal obligation		283		281
Taxes		71		82
Other		111		64
Total	$	787	$	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. In December 2012, the Company recorded a liability of $52 ($3 of which was 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 continue to amortize such amount to earnings ratably over the lease term. The Company recorded a gain upon sale in December 2012 of $6, which was included in other expense (income), net, in the condensed consolidated statements of earnings and comprehensive income. As of March 31, 2013, the total deferred gain was $51, $3 of which was included in accrued liabilities.