(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

)