 |
 |
NOTES TO FINANCIAL STATEMENTS |
|
NOTE 13 OTHER COMPREHENSIVE INCOME
The activity in other comprehensive income and related tax effects were as follows:
| (In millions) |
| |
| Year Ended June 30 |
2006) |
 |
2005) |
|
2004) |
|
| Net gains/(losses) on derivative instruments: |
Unrealized gains/(losses), net of tax effect of $(25) in 2006, $(63) in
2005 and $(49) in 2004 |
$ (47) |
|
$ (116) |
|
$(0,092) |
Reclassification adjustment for losses included in net income, net of tax
effect of $66 in 2006, $31 in 2005 and $5 in 2004 |
123) |
|
58) |
|
9) |
| Net gains/(losses) on derivative instruments |
76) |
|
(58) |
|
101) |
| Net unrealized investment gains/(losses): |
Unrealized holding gains/(losses), net of tax effect of $(199) in 2006,
$(69) in 2005 and $(994) in 2004 |
(369) |
|
(128) |
|
(1,846) |
Reclassification adjustment for losses included in net income, net of tax
effect of $47 in 2006, $269 in 2005 and $524 in 2004 |
87) |
|
499) |
|
973) |
| Net unrealized investment gains/(losses) |
(282)) |
|
371) |
|
(873) |
| Translation adjustments and other |
9) |
|
(6) |
|
51) |
| Other comprehensive income /(loss) |
$ (197) |
|
$(307) |
|
$,(721) |
The components of accumulated other comprehensive income were as follows:
|
|
