(In millions)

Three Months Ended September 30,

2024

2023

Derivatives

Balance, beginning of period

$

(3

)

$

(27

)

Unrealized gains (losses), net of tax of $7 and $(4)

29

(15

)

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

(49

)

46

Tax expense (benefit) included in provision for income taxes

10

(10

)

Amounts reclassified from accumulated other comprehensive loss

(39

)

36

Net change related to derivatives, net of tax of $(3) and $6

(10

)

21

Balance, end of period

$

(13

)

$

(6

)

Investments

Balance, beginning of period

$

(2,625

)

$

(3,582

)

Unrealized gains (losses), net of tax of $297 and $(75)

1,118

(283

)

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

(5

)

29

Tax expense (benefit) included in provision for income taxes

1

(6

)

Amounts reclassified from accumulated other comprehensive loss

(4

)

23

Net change related to investments, net of tax of $296 and $(69)

1,114

(260

)

Balance, end of period

$

(1,511

)

$

(3,842

)

Translation Adjustments and Other

Balance, beginning of period

$

(2,962

)

$

(2,734

)

Translation adjustments and other, net of tax of $0 and $0

304

(355

)

Balance, end of period

$

(2,658

)

$

(3,089

)

Accumulated other comprehensive loss, end of period

$

(4,182

)

$

(6,937

)