Electronic Arts 2016 Annual Report Download - page 151
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Annual Report
(5) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The changes in accumulated other comprehensive income (loss) by component, net of tax, for the fiscal years
ended March 31, 2016, 2015 and 2014 are as follows (in millions):
Unrealized Net
Gains (Losses) on
Available-for-Sale
Securities
Unrealized Net
Gains (Losses) on
Derivative
Instruments
Foreign Currency
Translation
Adjustments Total
Balances as of March 31, 2013 .................. $(4) $— $73 $69
Other comprehensive income (loss) before
reclassifications ......................... — (19) (22) (41)
Amounts reclassified from accumulated other
comprehensive income (loss) ............... — 9 — 9
Net current-period other comprehensive income
(loss) .................................... — (10) (22) (32)
Balances as of March 31, 2014 .................. $(4) $(10) $ 51 $ 37
Other comprehensive income (loss) before
reclassifications ......................... $ 1 $20 $(67) $(46)
Amounts reclassified from accumulated other
comprehensive income .................... — 11 — 11
Net current-period other comprehensive income
(loss) .................................... 1 31 (67) (35)
Balances as of March 31, 2015 .................. (3) 21 (16) 2
Other comprehensive income (loss) before
reclassifications ......................... $ 4 $ 5 $(15) $ (6)
Amounts reclassified from accumulated other
comprehensive income .................... — (12) — (12)
Net current-period other comprehensive income
(loss) .................................... 4 (7) (15) (18)
Balances as of March 31, 2016 .................. 1 14 (31) (16)
The effects on net income of amounts reclassified from accumulated other comprehensive income (loss) for the
fiscal years ended March 31, 2016, 2015 and 2014 were as follows (in millions):
Statement of Operations Classification
Amount Reclassified From Accumulated
Other Comprehensive Income (Loss)
Year Ended March 31,
2016 2015 2014
(Gains) losses on cash flow hedges from forward contracts
Net revenue ................................................. (23) (2) 7
Research and development ..................................... 11 13 2
Total amount reclassified, net of tax ................................ $(12) $11 $9
(6) BUSINESS COMBINATIONS
There were no acquisitions during the fiscal years ended March 31, 2016 and 2015. During the fiscal year ended
March 31, 2014, we completed one acquisition that did not have a significant impact on our Consolidated
Financial Statements.
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