Note 3 - Other Income (Expense)
The components of other income (expense) were as follows:
| (In millions) | |||||
| Year Ended June 30, | 2013 | 2012 | 2011 | ||
| Dividends and interest income | $ 677 | $ 800 | $ 900 | ||
| Interest expense | (429) | (380) | (295) | ||
| Net recognized gains on investments | 116 | 564 | 439 | ||
| Net losses on derivatives | (196) | (364) | (77) | ||
| Net losses on foreign currency remeasurements | (74) | (117) | (26) | ||
| Other | 194 | 1 | (31) | ||
| Total | $ 288 | $ 504 | $ 910 | ||
Following are details of net recognized gains (losses) on investments during the periods reported: |
|||||
| (In millions) | |||||
| Year Ended June 30, | 2013 | 2012 | 2011 | ||
| Other-than-temporary impairments of investments | $ (208) | $ (298) | $ (80) | ||
| Realized gains from sales of available-for-sale securities | 489 | 1,418 | 734 | ||
| Realized losses from sales of available-for-sale securities | (165) | (556) | (215) | ||
| Total | $ 116 | $ 564 | $ 439 | ||
