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The following disclosure note appeared in the July 2 7 , 2 0 1 9 , annual report of Cisco Systems, Incorporated.Note 9 : Available
The following disclosure note appeared in the July annual report of Cisco Systems, Incorporated.Note : AvailableforSale Debt Investments and Equity Investments in partAvailableforsale investments as of July and July were as follows:In millionsAdjusted CostGross Unrealized GainsGross Unrealized LossesFair ValueAdjusted CostGross Unrealized GainsGross Unrealized LossesFair ValueU.S government securities$ $ $ $ $ $$ $ US government agency securitiesCorporate debt securitiesUS agency mortgagebacked securitiesNonUS government and agency securities Total$ $ $ $ $ $ $ $ Note also indicates that, during the net realized losses on sales of availableforsale investments were $ million. Ciscos Note Comprehensive Income indicates unrealized holding gains of $ million during as well as reclassification of $ for losses that had previously been included in AOCI and recorded in the fair value adjustment but which were now being included in net income after being realized upon sale.Required:Prepare a Taccount that shows the change between the July and July balances for the fair value adjustment associated with Ciscos AFS investments for fiscal By how much did the fair value adjustment change during
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