Comprehensive Income (Loss)

The components of AOCI, net of tax, and the other comprehensive income (loss), excluding noncontrolling interest, for the first six months of fiscal 2019 and fiscal 2018 are summarized as follows (in millions):



	Net Unrealized Gains (Losses) on Available-for-Sale Investments			Net Unrealized Gains (Losses) Cash Flow Hedging Instruments			Cumulative Translation Adjustment and Actuarial Gains (Losses)			Accumulated Other Comprehensive Income (Loss)
BALANCE AT JULY 28, 2018	$	(310	)	$	(11	)	$	(528	)	$	(849	)
Other comprehensive income (loss) before reclassifications attributable to Cisco Systems, Inc.	86			(9		)	(184		)	(107		)
(Gains) losses reclassified out of AOCI	11			(1		)	3			13
Tax benefit (expense)	—			2			(1		)	1
Total change for the period	97			(8		)	(182		)	(93		)
Effect of adoption of accounting standards	(168		)	—			—			(168		)
BALANCE AT JANUARY 26, 2019	$	(381	)	$	(19	)	$	(710	)	$	(1,110	)



	Net Unrealized Gains (Losses) on Available-for-Sale Investments			Net Unrealized Gains (Losses) Cash Flow Hedging Instruments			Cumulative Translation Adjustment and Actuarial Gains (Losses)			Accumulated Other Comprehensive Income (Loss)
BALANCE AT JULY 29, 2017	$	373		$	32		$	(359	)	$	46
Other comprehensive income (loss) before reclassifications attributable to Cisco Systems, Inc.	(174		)	38			292			156
(Gains) losses reclassified out of AOCI	(91		)	(31		)	5			(117		)
Tax benefit (expense)	3			1			(6		)	(2		)
Total change for the period	(262		)	8			291			37
BALANCE AT JANUARY 27, 2018	$	111		$	40		$	(68	)	$	83

The net gains (losses) reclassified out of AOCI into the Consolidated Statements of Operations, with line item location, during each period were as follows (in millions):



	Three Months Ended						Six Months Ended
	January 26, 2019			January 27, 2018			January 26, 2019			January 27, 2018
Comprehensive Income Components	Income Before Taxes						Income Before Taxes						Line Item in Statements of Operations
Net unrealized gains and losses on available-for-sale investments	$	(5	)	$	58		$	(11	)	$	91		Other income (loss), net
Net unrealized gains and losses on cash flow hedging instruments
Foreign currency derivatives	1			—			1			—			Revenue—product
Foreign currency derivatives	1			—			2			—			Revenue—service
Foreign currency derivatives	(1		)	4			(1		)	7			Cost of sales—service
Foreign currency derivatives	—			14			(1		)	24			Operating expenses
	1			18			1			31
Cumulative translation adjustment and actuarial gains and losses	—			(4		)	—			(5		)	Operating expenses
Cumulative translation adjustment and actuarial gains and losses	(4		)	—			(3		)	—			Other income (loss), net
Total amounts reclassified out of AOCI	$	(8	)	$	72		$	(13	)	$	117