ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Sep. 30, 2019

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 15 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

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

(In millions)
Three Months Ended September 30,		2019			2018
Derivatives
Balance, beginning of period	$	0		$	173
Unrealized gains (losses), net of tax of $(2) and $(1)		(6	)		44
Reclassification adjustments for (gains) losses included in earnings		5			(92	)
Tax expense (benefit) included in provision for income taxes		(1	)		3
Amounts reclassified from accumulated other comprehensive income (loss)		4			(89	)
Net change related to derivatives, net of tax of $(1) and $(4)		(2	)		(45	)
Balance, end of period	$	(2	)	$	128
Investments
Balance, beginning of period	$	1,488		$	(850	)
Unrealized gains (losses), net of tax of $156 and $(86)		576			(323	)
Reclassification adjustments for (gains) losses included in other income (expense), net		1			78
Tax expense (benefit) included in provision for income taxes		0			(16	)
Amounts reclassified from accumulated other comprehensive income (loss)		1			62
Net change related to investments, net of tax of $156 and $(70)		577			(261	)
Cumulative effect of accounting changes		0			(67	)
Balance, end of period	$	2,065		$	(1,178	)
Translation Adjustments and Other
Balance, beginning of period	$	(1,828	)	$	(1,510	)
Translation adjustments and other, net of tax of $(8) and $0		(296	)		(55	)
Balance, end of period	$	(2,124	)	$	(1,565	)
Accumulated other comprehensive loss, end of period	$	(61	)	$	(2,615	)