NOTES TO FINANCIAL STATEMENTS
NOTE 3 INVESTMENT INCOME AND OTHER
| (In millions) | |||
|---|---|---|---|
| Year Ended June 30 | 2008 | 2007 | 2006 |
| Dividends and interest | $ 888 | $1,319 | $ 1,510 |
| Net recognized gains on investments | 346 | 650 | 161 |
| Net gains (losses) on derivatives | 226 | (358) | (99) |
| Other | (138) | (34) | 218 |
| Investment income and other | $ 1,322 | $1,577 | $ 1,790 |
Net gains on investments included other-than-temporary impairments of $312 million, $25 million, and $408 million in fiscal years 2008, 2007, and 2006, respectively. Realized gains and losses from sales of available-for-sale securities (excluding other-than-temporary impairments) were $751 million and $93 million, respectively, in fiscal year 2008, $851 million and $176 million, respectively, in fiscal year 2007, and $1.1 billion and $531 million, respectively, in fiscal year 2006.