Note 19 - Other Comprehensive Income (Loss)
The activity in other comprehensive income (loss) and related income tax effects were as follows:
| (In millions) | |||||
| Year Ended June 30, | 2013 | 2012 | 2011 | ||
| Net Unrealized Gains (Losses) on Derivatives | |||||
| Unrealized gains (losses), net of tax effects of $54, $127, and $(340) | $ 101 | $ 236 | $ (632) | ||
| Reclassification adjustment for losses (gains) included in net income, net of tax effects of $(68), $10, and $2 | (127) | 19 | 5 | ||
| Net unrealized gains (losses) on derivatives | $ (26) | $ 255 | $ (627) | ||
| Net Unrealized Gains (Losses) on Investments | |||||
| Unrealized gains (losses), net of tax effects of $244, $(93), and $726 | $ 453 | $ (172) | $ 1,349 | ||
| Reclassification adjustment for gains included in net income, net of tax effects of $(49), $(117), and $(159) | (90) | (218) | (295) | ||
| Net unrealized gains (losses) on investments | 363 | (390) | 1,054 | ||
| Translation adjustments and other, net of tax effects of $(8), $(165) and $205 | (16) | (306) | 381 | ||
| Other comprehensive income (loss) | $ 321 | $ (441) | $ 808 | ||
The components of accumulated other comprehensive income were as follows: |
|||||
| (In millions) | |||||
| June 30, | 2013 | 2012 | 2011 | ||
| Net unrealized gains (losses) on derivatives | $ 66 | $ 92 | $ (163) | ||
| Net unrealized gains on investments | 1,794 | 1,431 | 1,821 | ||
| Translation adjustments and other | (117) | (101) | 205 | ||
| Accumulated other comprehensive income | $ 1,743 | $ 1,422 | $ 1,863 | ||
