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Acquisitions, Disposals and Other Transactions (Tables) - Move Inc [Member]
12 Months Ended
Jun. 30, 2015
Schedule of Total Transaction Value for Acquisition

The total transaction value for the Move acquisition is set forth below (in millions):

 

Cash paid for Move equity

   $ 864   

Assumed equity-based compensation awards—pre-combination services

     28   
  

 

 

 

Total consideration transferred

     892   

Plus: Assumed debt

     129   

Plus: Assumed equity-based compensation awards—post-combination services

     39   

Less: Cash acquired

     (108
  

 

 

 

Total transaction value

   $ 952   
  

 

 

 

 

Schedule of Fair Value of Assets Acquired and Liabilities Assumed

Under the purchase method of accounting, the total consideration transferred is allocated to net tangible and intangible assets based upon the fair value as of the date of completion of the acquisition. The allocation is as follows (in millions):

 

Assets acquired:

  

Cash

   $ 108   

Current assets

     28   

Intangible assets

     198   

Deferred income taxes

     153   

Goodwill

     564   

Noncurrent assets

     69   
  

 

 

 

Total assets acquired

   $ 1,120   
  

 

 

 

Liabilities assumed:

  

Current liabilities

   $ 50   

Deferred income taxes

     46   

Borrowings

     129   

Other noncurrent liabilities

     3   
  

 

 

 

Total liabilities assumed

     228   
  

 

 

 

Net assets acquired

   $ 892