ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
9 Months Ended
Mar. 31, 2016
Summary of Changes in Accumulated Other Comprehensive Income by Component

The following table summarizes the changes in accumulated other comprehensive income by component:

 

(In millions)   

Three Months Ended

March 31,

   

Nine Months Ended

March 31,

 


     2016     2015     2016     2015  

Derivatives

                                

Accumulated other comprehensive income balance, beginning of period

   $ 598      $ 597      $ 590      $ 31   

Unrealized gains (losses), net of tax effects of $(19), $25, $24, and $37

     (125     559        158        1,251   

Reclassification adjustments for gains included in revenue

     (171     (162     (461     (290

Tax expense included in provision for income taxes

     11        4        26        6   


 


 


 


Amounts reclassified from accumulated other comprehensive income

     (160     (158     (435     (284


 


 


 


Net current period other comprehensive income (loss)

     (285     401        (277     967   


 


 


 


Accumulated other comprehensive income balance, end of period

   $ 313      $ 998      $ 313      $ 998   


 


 


 


Investments

                                

Accumulated other comprehensive income balance, beginning of period

   $ 2,758      $ 3,111      $ 3,169      $ 3,531   

Unrealized gains, net of tax effects of $217, $133, $34, and $47

     402        245        64        83   

Reclassification adjustments for gains included in other income (expense), net

     (88     (185     (200     (583

Tax expense included in provision for income taxes

     31        65        70        205   


 


 


 


Amounts reclassified from accumulated other comprehensive income

     (57     (120     (130     (378


 


 


 


Net current period other comprehensive income (loss)

     345        125        (66     (295


 


 


 


Accumulated other comprehensive income balance, end of period

   $ 3,103      $ 3,236      $ 3,103      $ 3,236   


 


 


 


Translation adjustments and other

                                

Accumulated other comprehensive income (loss) balance, beginning of period

   $ (1,583   $ (325   $ (1,237   $ 146   

Translation adjustments and other, net of tax effects of $3, $(174), $(18), and $(432)

     7        (438     (339     (909


 


 


 


Accumulated other comprehensive loss balance, end of period

   $   (1,576   $ (763   $   (1,576   $ (763


 


 


 


Accumulated other comprehensive income, end of period

   $ 1,840      $   3,471      $ 1,840      $   3,471