Other income/Other expense/Other income(expense)


Notes to Financial Statements

NOTE 3    OTHER INCOME

The components of other income were as follows:

 

(In millions)   

Three Months Ended

December 31,

   

Six Months Ended

December 31,

 


       2011        2010        2011        2010   

Dividends and interest income

   $   182      $   205      $   393      $   415   

Interest expense

     (95     (72     (189     (117

Net recognized gains on investments

     315        118        318        152   

Net gains (losses) on derivatives

     (203     108        (176     103   

Net losses on foreign currency remeasurements

     (4     (27     (44     (69

Other

     50        0        46        (38


 


 


 


Total

   $ 245      $ 332      $ 348      $ 446   
    


 


 


 


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

 

(In millions)   

Three Months Ended

December 31,

   

Six Months Ended

December 31,

 


       2011        2010        2011        2010   

Other-than-temporary impairments of investments

   $   (107   $ (18   $   (152   $ (27

Realized gains from sales of available-for-sale securities

     643        214        843        315   

Realized losses from sales of available-for-sale securities

     (221     (78     (373     (136


 


 


 


Total

   $ 315      $   118      $ 318      $   152