MICROSOFT CORP | 2013 | FY | 3


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   
    


 


 



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