Google 2015 Annual Report Download - page 80

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Table of Contents Alphabet Inc. and Google Inc.
76
Foreign Currency
Translation
Adjustments
Unrealized Gains
(Losses) on
Available-for-Sale
Investments
Unrealized Gains
on Cash Flow
Hedges Total
Balance as of December 31, 2013 $ 16 $ 50 $ 59 $ 125
Other comprehensive income (loss)
before reclassifications (996) 505 651 160
Amounts reclassified from AOCI 0(134) (124) (258)
Other comprehensive income (loss) (996) 371 527 (98)
Balance as of December 31, 2014 $ (980) $ 421 $ 586 $ 27
Foreign Currency
Translation
Adjustments
Unrealized Gains
(Losses) on
Available-for-Sale
Investments
Unrealized Gains
on Cash Flow
Hedges Total
Balance as of December 31, 2014 $ (980) $ 421 $ 586 $ 27
Other comprehensive income (loss)
before reclassifications (1,067) (715) 676 (1,106)
Amounts reclassified from AOCI 0208 (1,003) (795)
Other comprehensive income (loss) (1,067) (507) (327) (1,901)
Balance as of December 31, 2015 $ (2,047) $ (86) $ 259 $ (1,874)
The effects on net income of amounts reclassified from AOCI were as follows (in millions):
Gains (Losses) Reclassified from
AOCI to the Consolidated Statement
of Income
Year Ended December 31,
AOCI Components Location 2013 2014 2015
Unrealized gains (losses) on available-
for-sale investments
Other income (expense), net $ 158 $ 153 $ (208)
Net Income (loss) from discontinued
operations 43 0 0
Provision for income taxes (39) (19) 0
Net of tax $ 162 $ 134 $ (208)
Unrealized gains on cash flow hedges
Foreign exchange contracts Revenue $ 95 $ 171 $ 1,399
Interest rate contracts Other income (expense), net 0 4 5
Provision for income taxes (35) (51) (401)
Net of tax $ 60 $ 124 $ 1,003
Total amount reclassified, net of tax $ 222 $ 258 $ 795
Note 6. Acquisitions
2015 Acquisitions
bebop Technologies
In December 2015, we completed the acquisition of bebop Technologies Inc. (bebop), a company with a cloud-
based development platform focused on enterprise applications. The fair value of total consideration transferred in
connection with the close was $272 million, of which $1 million was paid in cash and $271 million was paid in the form
of Alphabet Class C capital stock. We issued a total of approximately 514 thousand shares of Alphabet Class C capital