COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Jun. 30, 2011

COMPREHENSIVE INCOME (LOSS)

COMPREHENSIVE INCOME (LOSS)

(14) COMPREHENSIVE INCOME (LOSS)

We classify items of other comprehensive income (loss) by their nature in a financial statement and display the accumulated other comprehensive income balance separately from retained earnings (accumulated deficit) and paid-in capital in the equity section of our balance sheets. Accumulated other comprehensive income primarily includes foreign currency translation adjustments and the net of tax amounts for unrealized gains (losses) on available-for-sale securities and derivative instruments designated as cash flow hedges. Foreign currency translation adjustments are not adjusted for income taxes as they relate to indefinite investments in non-U.S. subsidiaries.

The change in the components of comprehensive income (loss), net of related immaterial taxes, for the three months ended June 30, 2011 and 2010 is summarized as follows (in millions):

		Three Months Ended
		June 30,
		2011		2010
Net income	$	221	$	96
Other comprehensive income (loss):
Change in unrealized gains (losses) on available-for-sale securities		13		(89	)
Reclassification adjustment for realized losses on available-for-sale securities		-		5
Change in unrealized gains on derivative instruments		-		(1	)
Reclassification adjustment for realized losses on derivative instruments		2		1
Foreign currency translation adjustments		6		(31	)
Total other comprehensive income (loss)		21		(115	)
Total comprehensive income (loss)	$	242	$	(19	)