The following tables show the components of accumulated other comprehensive income (loss), net of tax, in the stockholders’ equity section of our condensed consolidated balance sheets (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | Unrealized Gains (Losses) on Derivative Instruments | | Unrealized Gains (Losses) on Investments | | Foreign Currency Translation Adjustment | | | Total | | | | | | | | | | Balance as of December 31, 2023 | $ | — | | | $ | (39) | | | $ | 2 | | | | $ | (37) | | | Other comprehensive income (loss) before reclassifications | 27 | | | (16) | | | (47) | | | | (36) | | Amounts reclassified from accumulated other comprehensive loss | (5) | | | | | | | | (5) | | Net current period other comprehensive income (loss) | 22 | | | (16) | | | (47) | | | | (41) | | Balance as of June 30, 2024 | $ | 22 | | | $ | (55) | | | $ | (45) | | | | $ | (78) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Unrealized Gains (Losses) on Derivative Instruments | | Unrealized Gains (Losses) on Investments | | Foreign Currency Translation Adjustment | | | Total | | | | | | | | | | Balance as of December 31, 2022 | $ | — | | | $ | (77) | | | $ | (25) | | | | $ | (102) | | Other comprehensive income (loss) before reclassifications | — | | | (2) | | | 13 | | | | 11 | | Amounts reclassified from accumulated other comprehensive loss | — | | | — | | | — | | | | — | | Net current period other comprehensive income (loss) | — | | | (2) | | | 13 | | | | 11 | | Balance as of June 30, 2023 | $ | — | | | $ | (79) | | | $ | (12) | | | | $ | (91) | |
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