NOTE 3 — OTHER INCOME (EXPENSE)
The components of other income (expense) were as follows:
| (In millions) | ||||||||
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| Three Months Ended September 30, | 2013 | 2012 | ||||||
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Dividends and interest income |
$ | 179 | $ | 159 | ||||
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Interest expense |
(118 | ) | (95 | ) | ||||
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Net recognized losses on investments |
(7 | ) | (15 | ) | ||||
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Net gains (losses) on derivatives |
(86 | ) | 4 | |||||
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Net gains (losses) on foreign currency remeasurements |
26 | (29 | ) | |||||
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Other |
80 | 202 | ||||||
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Total |
$ | 74 | $ | 226 | ||||
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Following are details of net recognized gains (losses) on investments during the periods reported:
| (In millions) | ||||||||
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| Three Months Ended September 30, | 2013 | 2012 | ||||||
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Other-than-temporary impairments of investments |
$ | (36 | ) | $ | (90 | ) | ||
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Realized gains from sales of available-for-sale securities |
114 | 101 | ||||||
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Realized losses from sales of available-for-sale securities |
(85 | ) | (26 | ) | ||||
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Total |
$ | (7 | ) | $ | (15 | ) | ||
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