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59 The Procter & Gamble Company
Amounts in millions of dollars except per share amounts or as otherwise specified.
 
ACCUMULATED OTHER COMPREHENSIVE INCOMELOSS
The table below presents the changes in Accumulated other comprehensive income(loss) (AOCI), including the reclassifications
out of Accumulated other comprehensive income(loss) by component:
Changes in Accumulated Other Comrehensie IncomeLoss  Comonent
Hedges
Inestment
Securities
Pension and Other
Retiree Benefits
Financial Statement
Translation Total
BALANCE at UNE 0, 201 $ (3,529) $ (27)$ (4,296)$ 353 $ (7,499)
OCI before reclassifications (1) (305) 20 (1,113) 1,044 (354)
Amounts reclassified from AOCI (2) (5) (42) (11) 244  191
Net current period OCI (347) 9 (869) 1,044 (163)
BALANCE at UNE 0, 2014 (3,876) (18)(5,165) 1,397 (7,662)
OCI before reclassifications (3) 1,90 2 5 ,455,49
Amounts reclassified from AOCI (4) (5) (6) 15 2 21 255 
Net current period OCI 1,24 24 44 ,2205,11
BALANCE at UNE 0, 2015 2,42 4,21 5,212,0
(1) Net of tax (benefit)  expense of $(207), $3 and $(450) for gainslosses on hedges, investment securities and pension and other retiree
benefit items, respectively, for the period ended June 30, 2014.
(2) Net of tax (benefit)  expense of $(2), $(7), and $94 for gainslosses on hedges, investment securities and pension and other retiree benefit
items, respectively, for the period ended June 30, 2014.
(3) Net of tax (benefit)  expense of $741, $1, and $219 for gainslosses on hedges, investment securities and pension and other retiree benefit
items, respectively, for the period ended June 30, 2015.
(4) Net of tax (benefit)  expense of $(2), $(1), and $109 for gainslosses on hedges, investment securities and pension and other retiree benefit
items, respectively, for the period ended June 30, 2015.
(5) See Note 5 for classification of gains and losses from hedges in the Consolidated Statements of Earnings. Gains and losses on investment
securities are reclassified from AOCI into Other non-operating income, net. Gains and losses on pension and other retiree benefits are
reclassified from AOCI into Cost of products sold and SG&A, and are included in the computation of net periodic pension cost (see Note
9 for additional details).
(6) Amounts reclassified from AOCI for financial statement translation relate to the foreign currency losses written off as part of the
deconsolidation of our enezuelan subsidiaries. These losses were reclassified into enezuela deconsolidation charge on the Consolidated
Statements of Earnings.