Twenty-First Century Fox 2011 Annual Report Download - page 54

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Notes to the Consolidated Financial Statements (continued)
Changes in the program liabilities were as follows:
One time
termination
benefits
Facility
related costs Other costs Total
(in millions)
Balance, June 30, 2008 $— $— $— $—
Additions 126 164 22 312
Payments (62) — (14) (76)
Foreign exchange movements 1 — — 1
Balance, June 30, 2009 $ 65 $164 $ 8 $237
Additions 37 14 2 53
Payments (68) (24) (4) (96)
Foreign exchange movements (2) — — (2)
Balance, June 30, 2010 $ 32 $154 $ 6 $192
Additions 47 96 2 145
Payments (51) (34) (7) (92)
Foreign exchange movements and dispositions (1) (9) (1) (11)
Balance, June 30, 2011 $ 27 $207 $ — $234
The Company expects to record an additional $63 million of restructuring charges, principally related to accretion on facility termination
obligations expected to be paid through 2021. At June 30, 2011, restructuring liabilities of approximately $74 million and $160 million were
included in the consolidated balance sheets in other current liabilities and other liabilities, respectively.
Dow Jones
As a result of the Dow Jones acquisition, in fiscal 2008, the Company established and approved plans to integrate the acquired operations into
the Company’s Publishing segment. The cost to implement these plans consists of separation payments for certain Dow Jones executives under the
change in control plan Dow Jones had established prior to the acquisition, non-cancelable lease commitments and lease termination charges for
leased facilities and other contract termination costs associated with the restructuring activities. As of June 30, 2011, all of the material aspects of
the plans have been completed and the substantial remaining obligation pertains to the lease termination charges for leased facilities of
approximately $53 million.
52 News Corporation