|
NOTES TO FINANCIAL STATEMENTS
NOTE 11 INVESTMENT INCOME/(LOSS)
The components of investment income/(loss) are as follows:
| In millions |
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| Year Ended June 30 |
|
2000 |
|
|
|
2001 |
|
|
|
2002 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
| Dividends |
$ |
363 |
|
|
$ |
377 |
|
|
$ |
357 |
|
| Interest |
|
1,231 |
|
|
|
1,808 |
|
|
|
1,762 |
|
| Net recognized gains/(losses) on investments: |
|
|
|
|
|
|
|
|
|
|
|
| |
Net gains on the sales of investments |
|
1,780 |
|
|
|
3,175 |
|
|
|
2,379 |
|
| |
Other-than-temporary impairments |
|
(29 |
) |
|
|
(4,804 |
) |
|
|
(4,323 |
) |
| |
Net unrealized losses attributable to derivative
instruments |
|
(19 |
) |
|
|
(592 |
) |
|
|
(480 |
) |
|
|
|
|
|
|
|
|
| |
|
Net recognized gains/(losses) on investments |
|
1,732 |
|
|
|
(2,221 |
) |
|
|
(2,424 |
) |
|
|
|
|
|
|
|
|
| |
|
|
Investment income/(loss) |
$ |
3,326 |
|
|
$ |
(36 |
) |
|
$ |
(305 |
) |
| |
|
|
|
|
|
|
|
|
|
|
