At July 2, 2016 and June 27, 2015, balances for the components of accumulated other comprehensive income (loss) were as follows (in millions):



	Unrealized (losses) on available-for-sale investments (2)			Foreign currency translation adjustments			Defined benefit obligation, net of tax (3)			Total
Beginning balance as of June 27, 2015	$	(3.2	)	$	(29.2	)	$	(15.6	)	$	(48.0	)
Transferred to Lumentum (1)	—			(8.9		)	1.1			(7.8		)
Other comprehensive (loss) income before reclassification	177.3			(32.0		)	(10.6		)	134.7
Amounts reclassified from Accumulated other comprehensive (loss) income	(69.6		)	—			0.7			(68.9		)
Net current-period other comprehensive (loss) income	107.7			(32.0		)	(9.9		)	65.8
Ending balance as of July 2, 2016	$	104.5		$	(70.1	)	$	(24.4	)	$	10.0


(1)	Amount represents the transfer of accumulated other comprehensive balances to Lumentum as of the Separation Date. Refer to “Note 3. Discontinued Operations” for more information.

(2)

Activity before reclassifications to the Consolidated Statements of Operations during the year ended July 2, 2016 primarily relates to a $180.7 million unrealized gain on the marketable equity securities of Lumentum held by Viavi, net of a $3.7 million income tax effect related to the intraperiod tax allocation rules. The amount reclassified out of accumulated other comprehensive income (loss) is primarily composed of a $71.5 million gross realized gain during the year ended July 2, 2016 from the sale of 4.5 million shares of the 11.7 million shares of the marketable equity securities of Lumentum held by Viavi upon the Separation. The sale gave rise to a $2.0 million income tax effect related to the intraperiod tax allocation rules. The gain and the income tax effect are included in "Gain on sale of investments" and “Provision for (benefit from) income taxes,” respectively, in the Consolidated Statement of Operations for the year ended July 2, 2016.

(3)

Activity before reclassifications to the Consolidated Statements of Operations during the year ended July 2, 2016 relates to the unrealized net actuarial loss of $14.2 million, net of income tax benefits of $3.6 million. The amount reclassified out of accumulated other comprehensive income (loss) represents the amortization of actuarial losses included as a component of Selling, general and administrative expense (“SG&A”) in the Consolidated Statement of Operations for the year ended July 2, 2016. Refer to “Note 16. Employee Pension and Other Benefit Plans” for more details on the computation of net periodic cost for pension plans.