Other (Income) Expense - Net

9 Months Ended

Mar. 31, 2012

Other (Income) Expense - Net

Other (Income) Expense - Net

Note 13. Other (Income) Expense - Net

The following tables set forth the items in other (income) expense:

	Three Months Ended						Nine Months Ended
	March 31,						March 31,
	2012			2011			2012			2011
	(In millions)
Gain on Golden Peanut revaluation	$	–		$	–		$	–		$	(71	)
Unrealized gains on interest rate swaps		–			(6	)		–			(30	)
Loss on sale of receivables		1			–			1			–
Other – net		(23	)		(38	)		(35	)		(58	)
Other (Income) Expense - Net	$	(22	)	$	(44	)	$	(34	)	$	(159	)

The $71 million gain on Golden Peanut revaluation was recognized as a result of revaluing the Company's previously held investment in Golden Peanut in conjunction with the acquisition of the remaining 50 percent interest ("Golden Peanut Gain") based on the guidance of ASC Topic 805, Business Combinations.