Other income


Notes to Financial Statements

NOTE 3 — OTHER INCOME (EXPENSE)

The components of other income (expense) were as follows:

 

(In millions)             


Three Months Ended September 30,    2013     2012  

Dividends and interest income

   $ 179      $   159   

Interest expense

       (118     (95

Net recognized losses on investments

     (7     (15

Net gains (losses) on derivatives

     (86     4   

Net gains (losses) on foreign currency remeasurements

     26        (29

Other

     80        202   


 


Total

   $ 74      $ 226   
    


 


 

Following are details of net recognized gains (losses) on investments during the periods reported:

 

(In millions)             


Three Months Ended September 30,    2013     2012  

Other-than-temporary impairments of investments

   $ (36   $ (90

Realized gains from sales of available-for-sale securities

       114          101   

Realized losses from sales of available-for-sale securities

     (85     (26


 


Total

   $ (7   $ (15