v2.4.0.8
ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
12 Months Ended
Jun. 30, 2014
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)              


Year Ended June 30,    2014     2013     2012  

Derivatives

                        

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

   $ 66      $ 92      $ (163

Unrealized gains (losses), net of tax effects of $2, $54 and $127

     63        101        236   

Reclassification adjustments for losses (gains) included in revenue

     (104     (195     29   

Tax expense (benefit) included in provision for income taxes

     6        68        (10


 


 


Amounts reclassified from accumulated other comprehensive income

     (98     (127     19   


 


 


Net current period other comprehensive income (loss)

     (35     (26     255   


 


 


Accumulated other comprehensive income balance, end of period

   $ 31      $ 66      $ 92   


 


 


Investments

                        

Accumulated other comprehensive income balance, beginning of period

   $ 1,794      $ 1,431      $ 1,821   

Unrealized gains (losses), net of tax effects of $1,067, $244 and $(93)

     2,053        453        (172

Reclassification adjustments for gains included in other income (expense)

     (447     (139     (335

Tax expense included in provision for income taxes

     131        49        117   


 


 


Amounts reclassified from accumulated other comprehensive income

     (316     (90     (218


 


 


Net current period other comprehensive income (loss)

     1,737        363        (390


 


 


Accumulated other comprehensive income balance, end of period

   $ 3,531      $ 1,794      $ 1,431   


 


 


Translation Adjustments and Other

                        

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

   $ (117   $ (101   $ 205   

Translation adjustments and other, net of tax effects of $12, $(8) and $(165)

     263        (16     (306


 


 


Accumulated other comprehensive loss balance, end of period

   $ 146      $ (117   $ (101


 


 


Accumulated other comprehensive income, end of period

   $    3,708      $    1,743      $    1,422