(In millions)

Year Ended June 30,

2017

2016

2015

Derivatives

Balance, beginning of period

$

352

$

590

$

31

Unrealized gains, net of tax effects of $4, $24 and $35

328

351

1,152

Reclassification adjustments for gains included in revenue

(555

)

(625

)

(608

)

Tax expense included in provision for income taxes

9

36

15

Amounts reclassified from accumulated other comprehensive income

(546

)

(589

)

(593

)

Net current period other comprehensive income (loss)

(218

)

(238

)

559

Balance, end of period

$

134

$

352

$

590

Investments

Balance, beginning of period

$

2,941

$

3,169

$

3,531

Unrealized gains, net of tax effects of $267, $120 and $59

517

219

110

Reclassification adjustments for gains included in other income (expense), net

(2,513

)

(688

)

(728

)

Tax expense included in provision for income taxes

880

241

256

Amounts reclassified from accumulated other comprehensive income

(1,633

)

(447

)

(472

)

Net current period other comprehensive loss

(1,116

) 

(228

) 

(362

)

Balance, end of period

$

1,825

$

2,941

$

3,169

Translation Adjustments and Other

Balance, beginning of period

$

  (1,756

)

$

  (1,237

)

$

146

Translation adjustments and other, net of tax effects of $9, $(33) and $16

228

(519

)

  (1,383

)

Balance, end of period

$

(1,528

)

$

(1,756

)

$

(1,237

)

Accumulated other comprehensive income, end of period

$

431

$

1,537

$

  2,522