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Other income, net
 6 Months Ended
Dec. 31, 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 EndedSix Months Ended
December 31,December 31,
Expense (income)2024202320242023
Foreign currency transaction (gain) loss$(31,467)$(13,921)$5,203 $(15,932)
Income related to equity method investments(38,853)(36,544)(76,970)(74,655)
Non-service components of retirement benefit cost(12,434)(16,987)(24,646)(35,473)
Gain on disposal of assets and divestitures(248,613)(8,941)(257,348)(20,867)
Interest income(2,431)(1,880)(5,248)(5,540)
Other items, net5,082 (6,738)(508)(10,999)
$(328,716)$(85,011)$(359,517)$(163,466)
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 six months ended December 31, 2024 and 2023, we received cash dividends from equity method investments of $73 million and $71 million, respectively. Sales to and services performed for equity method investments totaled $23 million and $17 million for the three months ended December 31, 2024 and 2023, respectively, and $43 million and $33 million for the six months ended December 31, 2024 and 2023, respectively.
For further discussion of the gain on disposal of assets and divestitures and non-service components of retirement benefit cost refer to Notes 4 and 14, respectively.