Other Income (Expense)
NOTE 3 — OTHER INCOME (Expense)
The components of other income (expense) were as follows:
| (In millions) | |||||
| Year Ended June 30, | 2011 | 2010 | 2009 | ||
| Dividends and interest income | $ 900 | $ 843 | $ 744 | ||
| Interest expense | (295 ) | (151 ) | (38 ) | ||
| Net recognized gains (losses) on investments | 439 | 348 | (125 ) | ||
| Net losses on derivatives | (77 ) | (140 ) | (558 ) | ||
| Net gains (losses) on foreign currency remeasurements | (26 ) | 1 | (509 ) | ||
| Other | (31 ) | 14 | (56 ) | ||
| Total | $ 910 | $ 915 | $ (542 ) |
Following are details of net recognized gains (losses) on investments during the periods reported:
| (In millions) | |||||
| Year Ended June 30, | 2011 | 2010 | 2009 | ||
| Other-than-temporary impairments of investments | $ (80 ) | $ (69 ) | $ (862 ) | ||
| Realized gains from sales of available-for-sale securities | 734 | 605 | 1,634 | ||
| Realized losses from sales of available-for-sale securities | (215 ) | (188 ) | (897 ) | ||
| Total | $ 439 | $ 348 | $ (125 ) |
