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ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
6 Months Ended
Dec. 31, 2015
Summary of Changes in Accumulated Other Comprehensive Income by Component

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

 

(In millions)   

Three Months Ended

December 31,

   

Six Months Ended

December 31,

 


     2015     2014     2015     2014  

Derivatives

                                

Accumulated other comprehensive income balance, beginning of period

   $ 647      $ 350      $ 590      $ 31   

Unrealized gains, net of tax effects of $15, $8, $43, and $12

     122        357        283        692   

Reclassification adjustments for gains included in revenue

     (181     (112     (290     (128

Tax expense included in provision for income taxes

     10        2        15        2   


 


 


 


Amounts reclassified from accumulated other comprehensive income

     (171     (110     (275     (126


 


 


 


Net current period other comprehensive income (loss)

     (49     247        8        566   


 


 


 


Accumulated other comprehensive income balance, end of period

   $ 598      $ 597      $ 598      $ 597   


 


 


 


Investments

                                

Accumulated other comprehensive income balance, beginning of period

   $ 2,598      $ 3,342      $ 3,169      $ 3,531   

Unrealized gains (losses), net of tax effects of $122, $(12), $(183), and $(86)

     228        (24     (338     (162

Reclassification adjustments for gains included in other income (expense), net

     (104     (319     (112     (398

Tax expense included in provision for income taxes

     36        112        39        140   


 


 


 


Amounts reclassified from accumulated other comprehensive income

     (68     (207     (73     (258


 


 


 


Net current period other comprehensive income (loss)

     160        (231     (411     (420


 


 


 


Accumulated other comprehensive income balance, end of period

   $ 2,758      $ 3,111      $ 2,758      $ 3,111   


 


 


 


Translation adjustments and other

                                

Accumulated other comprehensive income (loss) balance, beginning of period

   $ (1,507   $ 65      $ (1,237   $ 146   

Translation adjustments and other, net of tax effects of $(9), $(211), $(21), and $(258)

     (76     (390     (346     (471


 


 


 


Accumulated other comprehensive loss balance, end of period

   $   (1,583   $ (325   $   (1,583   $ (325


 


 


 


Accumulated other comprehensive income, end of period

   $ 1,773      $   3,383      $ 1,773      $   3,383