ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Mar. 31, 2019

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,
		2019			2018			2019			2018
Derivatives
Balance, beginning of period	$	113		$	21		$	173		$	134
Unrealized gains, net of tax of $0, $7, $2, and $8		31			15			146			30
Reclassification adjustments for gains included in revenue		(66	)		(8	)		(246	)		(138	)
Tax expense included in provision for income taxes		2			0			7			2
Amounts reclassified from accumulated other comprehensive income (loss)		(64	)		(8	)		(239	)		(136	)
Net change related to derivatives, net of tax of $(2),$7, $(5),and $6		(33	)		7			(93	)		(106	)
Balance, end of period	$	80		$	28		$	80		$	28
Investments
Balance, beginning of period	$	(297	)	$	659		$	(850	)	$	1,825
Unrealized gains (losses), net of tax of $189, $(186), $337, and $(347)		711			(644	)		1,267			(961	)
Reclassification adjustments for (gains) losses included in other income (expense), net		4			(517	)		84			(1,823	)
Tax expense (benefit) included in provision for income taxes		(1	)		145			(17	)		602
Amounts reclassified from accumulated other comprehensive income (loss)		3			(372	)		67			(1,221	)
Net change related to investments, net of tax of $190,$(331), $354,and $(949)		714			(1,016	)		1,334			(2,182	)
Cumulative effect of accounting changes		0			0			(67	)		0
Balance, end of period	$	417		$	(357	)	$	417		$	(357	)
Translation Adjustments and Other
Balance, beginning of period	$	(1,829	)	$	(1,079	)	$	(1,510	)	$	(1,332	)
Translation adjustments and other, net of tax of $1, $0, $0, and $(1)		67			255			(252	)		508
Balance, end of period	$	(1,762	)	$	(824	)	$	(1,762	)	$	(824	)
Accumulated other comprehensive loss, end of period	$	(1,265	)	$	(1,153	)	$	(1,265	)	$	(1,153	)