ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Jun. 30, 2024

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 17 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

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

(In millions)
Year Ended June 30,	2024			2023			2022
Derivatives
Balance, beginning of period	$	(27	)	$	(13	)	$	(19	)
Unrealized gains (losses), net of tax of $(4), $9, and $(15)		(14	)		34			(57	)
Reclassification adjustments for (gains) losses included in other income (expense), net		48			(61	)		79
Tax expense (benefit) included in provision for income taxes		(10	)		13			(16	)
Amounts reclassified from accumulated other comprehensive loss		38			(48	)		63
Net change related to derivatives, net of tax of $6, $(4), and $1		24			(14	)		6
Balance, end of period	$	(3	)	$	(27	)	$	(13	)
Investments
Balance, beginning of period	$	(3,582	)	$	(2,138	)	$	3,222
Unrealized gains (losses), net of tax of $247, $(393), and $(1,440)		915			(1,523	)		(5,405	)
Reclassification adjustments for losses included in other income (expense), net		53			99			57
Tax benefit included in provision for income taxes		(11	)		(20	)		(12	)
Amounts reclassified from accumulated other comprehensive loss		42			79			45
Net change related to investments, net of tax of $258, $(373), and $(1,428)		957			(1,444	)		(5,360	)
Balance, end of period	$	(2,625	)	$	(3,582	)	$	(2,138	)
Translation Adjustments and Other
Balance, beginning of period	$	(2,734	)	$	(2,527	)	$	(1,381	)
Translation adjustments and other, net of tax of $0, $0, and $0		(228	)		(207	)		(1,146	)
Balance, end of period	$	(2,962	)	$	(2,734	)	$	(2,527	)
Accumulated other comprehensive loss, end of period	$	(5,590	)	$	(6,343	)	$	(4,678	)