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Other income, net
9 Months Ended
Mar. 31, 2025
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 EndedNine Months Ended
March 31,March 31,
Expense (income)2025202420252024
Foreign currency transaction loss (gain)$9,413 $(11,102)$14,616 $(27,034)
Income related to equity method investments(48,792)(38,868)(125,762)(113,523)
Non-service components of retirement benefit cost(12,552)(17,873)(37,198)(53,346)
(Gain) loss on disposal of assets and divestitures(4,226)3,047 (261,574)(17,820)
Interest income(3,378)(2,810)(8,626)(8,350)
Saegertown incident7,725 — 7,725 — 
Other items, net7,097 2,200 6,589 (8,799)
$(44,713)$(65,406)$(404,230)$(228,872)
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 nine months ended March 31, 2025 and 2024, we received cash dividends from equity method investments of $112 million and $114 million, respectively. Sales to and services performed for equity method investments totaled $27 million and $20 million for the three months ended March 31, 2025 and 2024, respectively, and $69 million and $54 million for the nine months ended March 31, 2025 and 2024, respectively.
For further discussion of the (gain) loss on disposal of assets and divestitures and non-service components of retirement benefit cost refer to Notes 4 and 14, respectively.
Saegertown incident represents the deductible and retained liability expense associated with a fire at our plant in Saegertown, Pennsylvania in February 2025.