(5) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The changes in accumulated other comprehensive income (loss) by component, net of tax, for the fiscal years ended March 31, 2015, 2014 and 2013 are as follows (in millions):
| | | | | | | | | | | | | | | | | | Unrealized Net Gains (Losses) on Available-for-Sale Securities | | Unrealized Net Gains (Losses) on Derivative Instruments | | Foreign Currency Translation Adjustments | | Total | Balances as of March 31, 2012 | $ | 83 |
| | $ | (2 | ) | | $ | 92 |
| | $ | 173 |
| Other comprehensive loss before reclassifications | (46 | ) | | (2 | ) | | (19 | ) | | (67 | ) | Amounts reclassified from accumulated other comprehensive income | (41 | ) | | 4 |
| | — |
| | (37 | ) | Net current-period other comprehensive income (loss) | (87 | ) | | 2 |
| | (19 | ) | | (104 | ) | Balances as of March 31, 2013 | $ | (4 | ) | | $ | — |
| | $ | 73 |
| | $ | 69 |
| Other comprehensive loss before reclassifications | $ | — |
| | $ | (19 | ) | | $ | (22 | ) | | $ | (41 | ) | Amounts reclassified from accumulated other comprehensive income | — |
| | 9 |
| | — |
| | 9 |
| Net current-period other comprehensive income (loss) | — |
| | (10 | ) | | (22 | ) | | (32 | ) | Balances as of March 31, 2014 | (4 | ) | | (10 | ) | | 51 |
| | 37 |
| Other comprehensive income (loss) before reclassifications | $ | 1 |
| | $ | 20 |
| | $ | (67 | ) | | $ | (46 | ) | Amounts reclassified from accumulated other comprehensive income | — |
| | 11 |
| | — |
| | 11 |
| Net current-period other comprehensive income (loss) | 1 |
| | 31 |
| | (67 | ) | | (35 | ) | Balances as of March 31, 2015 | (3 | ) | | 21 |
| | (16 | ) | | 2 |
|
The effects on net income (loss) of amounts reclassified from accumulated other comprehensive income (loss) for the fiscal years ended March 31, 2015, 2014 and 2013 were as follows (in millions): | | | | | | | | | | | | | | Statement of Operations Classification | | Amount Reclassified From Accumulated Other Comprehensive Income (loss) | Year Ended March 31, | 2015 | | 2014 | | 2013 | Gains and losses on available-for-sale securities | | | | | | | Gains on strategic investments | | $ | — |
| | $ | — |
| | $ | (39 | ) | Interest and other income (expense), net | | — |
| | — |
| | (2 | ) | Net of tax | | — |
| | — |
| | (41 | ) | | | | | | | | Gains and losses on cash flow hedges from forward contracts | | | | | | | Net revenue | | (2 | ) | | 7 |
| | 3 |
| Research and development | | 13 |
| | 2 |
| | 1 |
| Net of tax | | 11 |
| | 9 |
| | 4 |
| | | | | | | | Total amount reclassified, net of tax | | $ | 11 |
| | $ | 9 |
| | $ | (37 | ) |
|