(In millions)

Three Months Ended September 30,

2021

2020

Derivatives

Balance, beginning of period

$

(19

) 

$

(38

)

Unrealized gains (losses), net of tax of $(3) and $5

(10

) 

20

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

15

(20

)

Tax expense (benefit) included in provision for income taxes

(3

) 

4

Amounts reclassified from accumulated other comprehensive income

12

(16

)

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

2

4

Balance, end of period

$

(17

)

$

(34

)

Investments

Balance, beginning of period

$

3,222

$

5,478

Unrealized losses, net of tax of $(110) and $(50)

(415

)

(188

)

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

(9

)

(17

)

Tax expense included in provision for income taxes

2

4

Amounts reclassified from accumulated other comprehensive income

(7

)

(13

)

Net change related to investments, net of tax of $(112) and $(54)

(422

)

(201

)

Cumulative effect of accounting changes

0

10

Balance, end of period

$

2,800

$

5,287

Translation Adjustments and Other

Balance, beginning of period

$

(1,381

)

$

(2,254

)

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

(119

)

111

Balance, end of period

$

  (1,500

)

$

(2,143

)

Accumulated other comprehensive income, end of period

$

1,283

$

3,110