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Other income, net
 3 Months Ended
Sep. 30, 2024
Other Income and Expenses [Abstract]  
Other income, net Other income, net
The table below includes the components of other income, net in the Consolidated Statement of Income:
Three Months Ended
September 30,
Expense (income)20242023
Foreign currency transaction (gain) loss$36,670 $(2,011)
Income related to equity method investments(38,117)(38,111)
Non-service components of retirement benefit cost(12,212)(18,486)
Gain on disposal of assets and divestitures(8,735)(11,926)
Interest income(2,817)(3,660)
Other items, net(5,590)(4,261)
$(30,801)$(78,455)
Equity method investments consist of investments in joint-venture companies in which ownership is 50 percent or less and in which the Company does not have operating control. During the three months ended September 30, 2024 and 2023, we received cash dividends from equity method investments of $32 million and $40 million, respectively. Sales to and services performed for equity method investments totaled $20 million and $16 million during the three months ended September 30, 2024 and 2023, respectively.
For further discussion of gain on disposal of assets and divestitures and non-service components of retirement benefit cost refer to Notes 4 and 14, respectively.