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Financial Review

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NOTE 3 — OTHER INCOME (EXPENSE)

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

(In millions)
Year Ended June 30, 2010 2009 2008
Dividends and interest income $ 843 $ 744 $ 994
Interest expense (151) (38) (106)
Net recognized gains (losses) on investments 348 (125) 346
Net gains (losses) on derivatives (140) (558) 226
Net gains (losses) on foreign currency remeasurements 1 (509) 226
Other 14 (56) (143)
Total $915 $(542) $ 1,543

Other-than-temporary impairments, which are included in net recognized gains (losses) on investments in the table above, were $69 million, $862 million, and $312 million in fiscal years 2010, 2009, and 2008, respectively. Realized gains and losses from sales of available-for-sale securities (excluding other-than-temporary impairments) were $605 million and $188 million, respectively, in fiscal year 2010, $1.6 billion and $897 million, respectively, in fiscal year 2009, and $751 million and $93 million, respectively, in fiscal year 2008.