Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

The following tables summarize the changes in AOCI for the three and six months ended June 30, 2020 and 2019 (in millions):

	Unrealized Gains (Losses) on Derivative Instruments		Unrealized Gains (Losses) on Investments		Foreign Currency Translation		Estimated Tax (Expense) Benefit		Total
Balance as of March 31, 2020	$	38	$	(26)	$	250	$	23	$	285
Other comprehensive income (loss) before reclassifications	(30)		32		49		(2)		49
Less: Amount of gain (loss) reclassified from AOCI	17		—		—		(4)		13
Net current period other comprehensive income (loss)	(47)		32		49		2		36
Balance as of June 30, 2020	$	(9)	$	6	$	299	$	25	$	321

	Unrealized Gains (Losses) on Derivative Instruments		Unrealized Gains (Losses) on Investments		Foreign Currency Translation		Estimated Tax (Expense) Benefit		Total
Balance as of March 31, 2019	$	27	$	(16)	$	430	$	23	$	464
Other comprehensive income (loss) before reclassifications	25		16		(20)		(10)		11
Less: Amount of gain (loss) reclassified from AOCI	14		—		—		(3)		11
Net current period other comprehensive income (loss)	11		16		(20)		(7)		—
Balance as of June 30, 2019	$	38	$	—	$	410	$	16	$	464

	Unrealized Gains (Losses) on Derivative Instruments		Unrealized Gains (Losses) on Investments		Foreign Currency Translation		Estimated Tax (Expense) Benefit		Total
Balance as of December 31, 2019	$	(9)	$	5	$	363	$	25	$	384
Other comprehensive income (loss) before reclassifications	17		1		(64)		(4)		(50)
Less: Amount of gain (loss) reclassified from AOCI	17		—		—		(4)		13
Net current period other comprehensive income (loss)	—		1		(64)		—		(63)
Balance as of June 30, 2020	$	(9)	$	6	$	299	$	25	$	321

	Unrealized Gains (Losses) on Derivative Instruments		Unrealized Gains (Losses) on Investments		Foreign Currency Translation		Estimated Tax (Expense) Benefit		Total
Balance as of December 31, 2018	$	68	$	(56)	$	462	$	24	$	498
Other comprehensive income (loss) before reclassifications	4		56		(52)		(15)		(7)
Less: Amount of gain (loss) reclassified from AOCI	34		—		—		(7)		27
Net current period other comprehensive income (loss)	(30)		56		(52)		(8)		(34)
Balance as of June 30, 2019	$	38	$	—	$	410	$	16	$	464

The following table provides a summary of reclassifications out of AOCI (in millions):

Details about AOCI Components	Affected Line Item in the Statement of Income	Amount of Gain (Loss) Reclassified From AOCI
		Three Months Ended June 30,				Six Months Ended June 30,
		2020		2019		2020		2019
Gains (losses) on cash flow hedges - foreign exchange contracts	Net Revenues	$	17	$	13	$	17	$	33
	Cost of net revenues	—		1		—		1
	Total, from continuing operations before income taxes	17		14		17		34
	Provision for income taxes	(4)		(3)		(4)		(7)
	Total, net of income taxes	13		11		13		27
Total reclassifications for the period	Total, net of income taxes	$	13	$	11	$	13	$	27