Balance Sheet Components (Tables)

9 Months Ended

Sep. 30, 2015

Balance Sheet Components Disclosure [Abstract]

Property and equipment consisted of the following (in millions):



	As of December 31, 2014			As of September 30, 2015
				(unaudited)
Land and buildings	$	13,326		$	15,353
Information technology assets	10,918			13,354
Construction in progress	6,555			7,799
Leasehold improvements	1,868			2,321
Furniture and fixtures	79			81
Property and equipment, gross	32,746			38,908
Less: accumulated depreciation and amortization	(8,863		)	(10,570		)
Property and equipment, net	$	23,883		$	28,338

Schedule of Notes Receivable

Based on the general market conditions and the credit quality of Lenovo, we discounted the Note Receivable at an effective interest rate of 4.5% as shown in the table below (in millions):



	As of December 31, 2014			As of September 30, 2015
				(unaudited)
Principal of the Note Receivable	$	1,500		$	1,500
Less: unamortized discount for the Note Receivable	(175		)	(129		)
Total	$	1,325		$	1,371

Components of Accumulated Other Comprehensive Income

The components of AOCI, net of tax, were as follows (in millions, unaudited):



	Foreign Currency Translation Adjustments			Unrealized Gains (Losses) on Available-for-Sale Investments			Unrealized Gains on Cash Flow Hedges			Total
Balance as of December 31, 2013	$	16		$	50		$	59		$	125
Other comprehensive income (loss) before reclassifications	(623		)	250			304			(69		)
Amounts reclassified from AOCI	0			(122		)	(16		)	(138		)
Other comprehensive income (loss)	(623		)	128			288			(207		)
Balance as of September 30, 2014	$	(607	)	$	178		$	347		$	(82	)



	Foreign Currency Translation Adjustments			Unrealized Gains (Losses) on Available-for-Sale Investments			Unrealized Gains on Cash Flow Hedges			Total
Balance as of December 31, 2014	$	(980	)	$	421		$	586		$	27
Other comprehensive income (loss) before reclassifications	(850		)	(504		)	580			(774		)
Amounts reclassified from AOCI	0			(73		)	(772		)	(845		)
Other comprehensive income (loss)	(850		)	(577		)	(192		)	(1,619		)
Balance as of September 30, 2015	$	(1,830	)	$	(156	)	$	394		$	(1,592	)

Schedule of Effect on Net Income of Amounts Reclassified from Accumulated OCI

The effects on net income of amounts reclassified from AOCI were as follows (in millions, unaudited):



		Gains (Losses) Reclassified from AOCI to the Consolidated Statement of Income
		Three Months Ended September 30,						Nine Months Ended September 30,
AOCI Components	Location	2014			2015			2014			2015

Unrealized gains (losses) on available-for-sale investments
	Interest and other income, net	$	18		$	(6	)	$	140		$	79
	Provision for income taxes	(3		)	2			(18		)	(6		)
	Net of tax	$	15		$	(4	)	$	122		$	73

Unrealized gains on cash flow hedges
Foreign exchange contracts	Revenue	$	10		$	286		$	24		$	1,068
Interest rate contracts	Interest and other income, net	1			1			2			3
	Provision for income taxes	(4		)	(75		)	(10		)	(299		)
	Net of tax	$	7		$	212		$	16		$	772

Total amount reclassified, net of tax		$	22		$	208		$	138		$	845