ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Mar. 31, 2023

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 16 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

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

(In millions)	Three Months Ended March 31,							Nine Months Ended March 31,
		2023			2022			2023			2022
Derivatives
Balance, beginning of period	$	(38	)	$	(17	)	$	(13	)	$	(19	)
Unrealized gains (losses), net of tax of $1, $(1), $3, and $(7)		5			(6	)		14			(27	)
Reclassification adjustments for (gains) losses included in other income (expense), net		(18	)		15			(62	)		44
Tax expense (benefit) included in provision for income taxes		4			(3	)		14			(9	)
Amounts reclassified from accumulated other comprehensive loss		(14	)		12			(48	)		35
Net change related to derivatives, net of tax of $(3), $2, $(11), and $2		(9	)		6			(34	)		8
Balance, end of period	$	(47	)	$	(11	)	$	(47	)	$	(11	)
Investments
Balance, beginning of period	$	(3,687	)	$	2,057		$	(2,138	)	$	3,222
Unrealized gains (losses), net of tax of $194, $(769), $(225), and $(1,076)		732			(2,894	)		(851	)		(4,051	)
Reclassification adjustments for losses included in other income (expense), net		26			15			68			5
Tax benefit included in provision for income taxes		(5	)		(3	)		(13	)		(1	)
Amounts reclassified from accumulated other comprehensive loss		21			12			55			4
Net change related to investments, net of tax of $199, $(766), $(212), and $(1,075)		753			(2,882	)		(796	)		(4,047	)
Balance, end of period	$	(2,934	)	$	(825	)	$	(2,934	)	$	(825	)
Translation Adjustments and Other
Balance, beginning of period	$	(2,732	)	$	(1,603	)	$	(2,527	)	$	(1,381	)
Translation adjustments and other, net of tax of $0, $0, $0, and $0		69			(37	)		(136	)		(259	)
Balance, end of period	$	(2,663	)	$	(1,640	)	$	(2,663	)	$	(1,640	)
Accumulated other comprehensive loss, end of period	$	(5,644	)	$	(2,476	)	$	(5,644	)	$	(2,476	)