v3.26.1
Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Jun. 30, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The changes in accumulated other comprehensive income (loss) by component, net of tax, for the three months ended June 30, 2026 and 2025 are as follows (in millions):
Unrealized Net Gains (Losses) on Available-for-Sale SecuritiesUnrealized Net Gains (Losses) on Derivative InstrumentsForeign Currency Translation AdjustmentsTotal
Balances as of March 31, 2026$— $(12)$(90)$(102)
Other comprehensive income (loss) before reclassifications— 9 (5)4 
Amounts reclassified from accumulated other comprehensive income (loss)— 16 — 16 
Total other comprehensive income (loss), net of tax
— 25 (5)20 
Balances as of June 30, 2026
$— $13 $(95)$(82)
Unrealized Net Gains (Losses) on Available-for-Sale SecuritiesUnrealized Net Gains (Losses) on Derivative InstrumentsForeign Currency Translation AdjustmentsTotal
Balances as of March 31, 2025$— $11 $(98)$(87)
Other comprehensive income (loss) before reclassifications— (90)18 (72)
Amounts reclassified from accumulated other comprehensive income (loss)— (3)— (3)
Total other comprehensive income (loss), net of tax
— (93)18 (75)
Balances as of June 30, 2025
$— $(82)$(80)$(162)
The effects on net income of amounts reclassified from accumulated other comprehensive income (loss) for the three months ended June 30, 2026 and 2025 were as follows (in millions):
Amount Reclassified From Accumulated Other Comprehensive Income (Loss)
Three Months Ended June 30,
Statement of Operations Classification20262025
(Gains) losses on foreign currency forward contracts designated as cash flow hedges
Net revenue$17 $(3)
Research and development(1)— 
Total net (gain) loss reclassified, net of tax$16 $(3)