(In millions)

Three Months Ended

December 31,

Six Months Ended

December 31,

2017

2016

2017

2016

Derivatives

Balance, beginning of period

$

28

$

315

$

134

$

352

Unrealized gains, net of tax of $1, $3, $1, and $4

11

449

15

484

Reclassification adjustments for gains included in revenue

(19

)

(172

)

(130

)

(247

)

Tax expense included in provision for income taxes

1

3

2

6

Amounts reclassified from accumulated other comprehensive income

(18

)

(169

)

(128

)

(241

)

Net change related to derivatives, net of tax of $0, $0, $(1), and $(2)

(7

)

280

(113

)

243

Balance, end of period

$

21

$

595

$

21

$

595

Investments

Balance, beginning of period

$

1,537

$

3,024

$

1,825

$

2,941

Unrealized gains (losses), net of tax of $(211), $(292), $(161), and $(110)

(390

)

(543

)

(317

)

(204

)

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

(751

)

(694

)

(1,306

)

(1,088

)

Tax expense included in provision for income taxes

263

243

457

381

Amounts reclassified from accumulated other comprehensive income

(488

)

(451

)

(849

)

(707

)

Net change related to investments, net of tax of $(474), $(535), $(618), and $(491)

(878

)

(994

)

(1,166

)

(911

)

Balance, end of period

$

659

$

2,030

$  

659

$

2,030

Translation adjustments and other

Balance, beginning of period

$

(1,039

)

$

(1,381

)

$

(1,332

)

$

(1,499

)

Translation adjustments and other, net of tax of $0, $0, $(1), and $7

(40

)

(592

)

253

(474

)

Balance, end of period

$

(1,079

)

$

(1,973

)

$ 

(1,079

)

$

(1,973

)

Accumulated other comprehensive income (loss), end of period

$

(399

)

$

652

$

(399

)

$

652