ACCUMULATED OTHER COMPREHENSIVE INCOME

9 Months Ended

Mar. 31, 2017

ACCUMULATED OTHER COMPREHENSIVE INCOME

NOTE 17 — ACCUMULATED OTHER COMPREHENSIVE INCOME

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

(In millions)	Three Months Ended March 31,						Nine Months Ended March 31,
	2017			2016			2017			2016
Derivatives
Accumulated other comprehensive income balance, beginning of period	$	595		$	598		$	352		$	590
Unrealized gains (losses), net of tax effects of $3, $(19), $7, and $24		(60	)		(125	)		424			158
Reclassification adjustments for gains included in revenue		(167	)		(171	)		(414	)		(461	)
Tax expense included in provision for income taxes		2			11			8			26
Amounts reclassified from accumulated other comprehensive income		(165	)		(160	)		(406	)		(435	)
Net current period other comprehensive income (loss)		(225	)		(285	)		18			(277	)
Accumulated other comprehensive income balance, end of period	$	370		$	313		$	370		$	313
Investments
Accumulated other comprehensive income balance, beginning of period	$	2,030		$	2,758		$	2,941		$	3,169
Unrealized gains, net of tax effects of $307, $217, $197, and $34		571			402			367			64
Reclassification adjustments for gains included in other income (expense), net		(779	)		(88	)		(1,867	)		(200	)
Tax expense included in provision for income taxes		273			31			654			70
Amounts reclassified from accumulated other comprehensive income		(506	)		(57	)		(1,213	)		(130	)
Net current period other comprehensive income (loss)		65			345			(846	)		(66	)
Accumulated other comprehensive income balance, end of period	$	2,095		$	3,103		$	2,095		$	3,103
Translation adjustments and other
Accumulated other comprehensive loss balance, beginning of period	$	(2,113	)	$	(1,583	)	$	(1,756	)	$	(1,237	)
Translation adjustments and other, net of tax effects of $0, $3, $7, and $(18)		292			7			(65	)		(339	)
Accumulated other comprehensive loss balance, end of period	$	(1,821	)	$	(1,576	)	$	(1,821	)	$	(1,576	)
Accumulated other comprehensive income, end of period	$	644		$	1,840		$	644		$	1,840