Summary of Available-for-Sale Investments The following table summarizes the Company's available-for-sale investments (in millions).

Interpreting Footnotes on Security Investments Cisco Systems Inc. reports the following information derived from its 2016 10-K report. (Note: Cisco's 2016 disclosures are consistent with the former accounting rules for marketable equity securities. See the Accounting Insight box on page 9-6 in the textbook.) Accumulated Common Stock Other Total Cisco's Shares of and Additional Retained Comprehensive Shareholders' Noncontrolling Common Stock Paid in Capital Earnings Income (Loss) Equity Interests 5,085 $43,592 $16,045 $61 $59,698 $9 10,739 10,739 Total Equity $59,707 10,739 (10) 103 (43) (447) 93 (43) (387) (10) $ millions Balance at July 25, 2015 Net income Change in: Unrealized gains and losses) on investments, net Derivative instruments Cumulative translation adjustment and other Other comprehensive income (loss) Issuance of common stock Repurchase of common stock Repurchase of common stock for tax withholdings on vesting of restricted stock units Cash dividends declared Tax effects from employee stock incentive plans Share-based compensation Purchase acquisitions Balance at July 30, 2016 103 (43) (447) (387) 1,127 (3,918) (557) (4,750) 113 (148) (21) 1,127 (1,280) (557) (2,638) (447) (397) 1,127 (3,918) (557) (4,750) 30 1,458 (4,750) 30 30 1,458 146 1,458 146 $63,586 146 $5,029 $44,516 $19,396 $(326) $(1) $63,585 Summary of Available-for-Sale Investments The following table summarizes the Company's available-for-sale investments in millions). Gross Gross Amortized Unrealized Unrealized July 30, 2016 Cost Gains Losses Fair Value Fixed income securities U.S. government securities $26,473 $(2) $26,544 U.S. government agency securities 2,809 2,817 Non-U.S. government and agency securities 1,096 1.100 Corporate debt securities 24.044 (15) U.S. agency mortgage-backed securities 1.846 Total fixed income securities $56,268 370 171 $56,621 Publicly traded equity securities 1.211 1.504 Total $57,479 571 $58,125 a. What is the amount of Cisco's investment portfolio on its balance sheet? $0 million b. What does the number $103 represent in the "Accumulated Other Comprehensive Income" column? The amount represents an unrealized loss on trading securities that resulted from a decrease in their value during the year. The amount represents an unrealized loss on available for sale securities that resulted from a decrease in their value during the year. The amount represents an unrealized gain on trading securities that resulted from an increase in their value during the year. The amount represents an unrealized gain on available for sale securities that resulted from an increase in their value during the year. b. What does the number $103 represent in the "Accumulated Other Comprehensive Income" column? The amount represents an unrealized loss on trading securities that resulted from a decrease in their value during the year. The amount represents an unrealized loss on available for sale securities that resulted from a decrease in their value during the year. The amount represents an unrealized gain on trading securities that resulted from an increase in their value during the year. The amount represents an unrealized gain on available for sale securities that resulted from an increase in their value during the year. c. Under the new accounting rules that take effect in 2018, how would Cisco treat the $103? Under the new rules, the amount would not be added to AOCI, instead the unrealized gain would be included in 2015 income. Under the new rules, the treatment of unrealized gains on securities does not change; the amount would continue to be added to AOCI. Under the new rules, the amount would not be added to AOCI, nor would it be included in 2015 income. d. Compute comprehensive income for 2015. $0 million e. During 2015, did the currencies in the countries where Cisco's subsidiaries were headquartered weaken or strengthen? Cisco reports a cumulative translation adjustment loss for 2015, which means that the currencies in which subsidiaries transacted strengthened during the year vis--vis the $US. Cisco reports a cumulative translation adjustment loss for 2015, which means that the currencies in which subsidiaries transacted weakened during the year vis--vis the $US. Cisco reports a cumulative translation adjustment gain for 2015, which means that the currencies in which subsidiaries transacted weakened during the year vis--vis the $US. Cisco reports a cumulative translation adjustment gain for 2015, which means that the currencies in which subsidiaries transacted strenghtened during the year vis--vis the $US