Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2024

The following tables summarize the changes in AOCI for the periods indicated (in millions):


	Unrealized Gains (Losses) on Derivative Instruments		Unrealized Gains (Losses) on Investments		Foreign Currency Translation		Estimated Tax (Expense) Benefit		Total
Balance as of December 31, 2023	$	(13)	$	(45)	$	206	$	37	$	185
Other comprehensive income (loss) before reclassifications	40		38		(76)		(19)		(17)
Less: Amount of gain (loss) reclassified from AOCI	(48)		—		—		10		(38)
Net current period other comprehensive income (loss)	88		38		(76)		(29)		21
Balance as of December 31, 2024	$	75	$	(7)	$	130	$	8	$	206


	Unrealized Gains (Losses) on Derivative Instruments		Unrealized Gains (Losses) on Investments		Foreign Currency Translation		Estimated Tax (Expense) Benefit		Total
Balance as of December 31, 2022	$	114	$	(98)	$	222	$	21	$	259
Other comprehensive income (loss) before reclassifications	(63)		53		(16)		3		(23)
Less: Amount of gain (loss) reclassified from AOCI	64		—		—		(13)		51
Net current period other comprehensive income (loss)	(127)		53		(16)		16		(74)

Balance as of December 31, 2023	$	(13)	$	(45)	$	206	$	37	$	185

The following table summarizes reclassifications out of AOCI for periods indicated (in millions):


Details about AOCI Components	Affected Line Item in the Statement of Income	Amount of Gain (Loss) Reclassified from AOCI for the Year Ended December 31,
		2024		2023
Gains (losses) on cash flow hedges:
Foreign exchange contracts	Net revenues	$	(54)	$	56
Foreign exchange contracts	Cost of net revenues	(2)		(3)



Interest rate contracts	Interest income and other, net	8		11
	Income (loss) from continuing operations before income taxes	(48)		64
	Income tax benefit (provision)	10		(13)









Total reclassifications for the period	Net income (loss)	$	(38)	$	51