Other Comprehensive Income

The activity in other comprehensive income (loss) and related income tax effects were as follows:

(In millions)
Year Ended June 30,	2012	2011	2010
Net Unrealized Gains (Losses) on Derivatives
Unrealized gains (losses), net of tax effects of $127, $(340), and $188	$ 236	$ (632)	$ 349
Reclassification adjustment for losses (gains) included in net income, net of tax effects of $10, $2, and $(173)	19	5	(322)
Net unrealized gains (losses) on derivatives	$ 255	$ (627)	$ 27
Net Unrealized Gains (Losses) on Investments
Unrealized gains (losses), net of tax effects of $(93), $726, and $263	$ (172)	$ 1,349	$ 488
Reclassification adjustment for gains included in net income, net of tax effects of $(117), $(159), and $(120)	(218)	(295)	(223)
Net unrealized gains (losses) on investments	(390)	1,054	265
Translation adjustments and other, net of tax effects of $(165), $205 and $(103)	(306)	381	(206)
Other comprehensive income (loss)	$ (441)	$ 808	$ 86
The components of accumulated other comprehensive income were as follows:
(In millions)
June 30,	2012	2011	2010
Net unrealized gains (losses) on derivatives	$ 92	$ (163)	$ 464
Net unrealized gains on investments	1,431	1,821	767
Translation adjustments and other	(101)	205	(176)
Accumulated other comprehensive income	$ 1,422	$ 1,863	$ 1,055