Other income (expense)


Notes to Financial Statements

NOTE 3    OTHER INCOME

The components of other income were as follows:

 

(In millions)             


Three Months Ended September 30,    2011     2010  

Dividends and interest income

   $   211      $   210   

Interest expense

     (94     (45

Net recognized gains on investments

     3        34   

Net gains (losses) on derivatives

     27        (5

Net losses on foreign currency remeasurements

     (40     (42

Other

     (4     (38


 


Total

   $ 103      $ 114   
    


 


 

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

 

(In millions)             


Three Months Ended September 30,    2011     2010  

Other-than-temporary impairments of investments

   $ (45   $ (9

Realized gains from sales of available-for-sale securities

     200           101   

Realized losses from sales of available-for-sale securities

       (152     (58


 


Total

   $ 3      $ 34