(In millions)

Year Ended June 30,

2019

2018

2017

Derivatives

Balance, beginning of period

$

173

$

134

$

352

Unrealized gains, net of tax of $2, $11, and $4

160

218

328

Reclassification adjustments for gains included in revenue

(341

)

(185

)

(555

)

Tax expense included in provision for income taxes

8

6

9

Amounts reclassified from accumulated other comprehensive income (loss)

(333

)

(179

)

(546

)

Net change related to derivatives, net of tax of $(6), $5, and $(5)

(173

)

39

(218

)

Balance, end of period

$

0

$

173

$

134

Investments

Balance, beginning of period

$

(850

)

$

1,825

$

2,941

Unrealized gains (losses), net of tax of $616, $(427), and $267

2,331

(1,146

)

517

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

93

(2,309

)

(2,513

)

Tax expense (benefit) included in provision for income taxes

(19

)

738

880

Amounts reclassified from accumulated other comprehensive income (loss)

74

(1,571

)

(1,633

)

Net change related to investments, net of tax of $635, $(1,165), and $(613)

2,405

(2,717

)

(1,116

)

Cumulative effect of accounting changes

(67

)

42

0

Balance, end of period

$

1,488

$

(850

)

$

1,825

Translation Adjustments and Other

Balance, beginning of period

$

  (1,510

)

$

  (1,332

)

$

  (1,499

)

Translation adjustments and other, net of tax effects of $(1), $0, and $9

(318

)

(178

)

167

Balance, end of period

$

(1,828

)

$

(1,510

)

$

(1,332

)

Accumulated other comprehensive income (loss), end of period

$

(340

)

$

(2,187

)

$

627