Investments (Tables)

3 Months Ended

Sep. 30, 2013

Investment Components, Including Associated Derivatives

The components of investments, including associated derivatives, were as follows:

(In millions)	Cost Basis		Unrealized Gains		Unrealized Losses			Recorded Basis		Cash and Cash Equivalents		Short-term Investments		Equity and Other Investments
September 30, 2013
Cash	$	2,489	$	0	$	0		$	2,489	$	2,489	$	0	$	0
Mutual funds		700		0		0			700		700		0		0
Commercial paper		816		0		0			816		262		554		0
Certificates of deposit		683		0		0			683		442		241		0
U.S. government and agency securities		65,981		101		(61	)		66,021		130		65,891		0
Foreign government bonds		1,080		18		(30	)		1,068		0		1,068		0
Mortgage-backed securities		1,149		40		(10	)		1,179		0		1,179		0
Corporate notes and bonds		7,160		211		(33	)		7,338		0		7,338		0
Municipal securities		345		28		(2	)		371		0		371		0
Common and preferred stock		6,768		4,111		(140	)		10,739		0		0		10,739
Other investments		1,263		0		0			1,263		0		7		1,256
Total	$	88,434	$	4,509	$	(276	)	$	92,667	$	4,023	$	76,649	$	11,995

(In millions)	Cost Basis		Unrealized Gains		Unrealized Losses			Recorded Basis		Cash and Cash Equivalents		Short-term Investments		Equity and Other Investments
June 30, 2013
Cash	$	1,967	$	0	$	0		$	1,967	$	1,967	$	0	$	0
Mutual funds		868		0		0			868		868		0		0
Commercial paper		603		0		0			603		214		389		0
Certificates of deposit		994		0		0			994		609		385		0
U.S. government and agency securities		64,934		47		(84	)		64,897		146		64,751		0
Foreign government bonds		900		16		(41	)		875		0		875		0
Mortgage-backed securities		1,258		43		(13	)		1,288		0		1,288		0
Corporate notes and bonds		4,993		169		(40	)		5,122		0		5,122		0
Municipal securities		350		36		(1	)		385		0		385		0
Common and preferred stock		6,931		2,938		(281	)		9,588		0		0		9,588
Other investments		1,279		0		0			1,279		0		23		1,256
Total	$	85,077	$	3,249	$	(460	)	$	87,866	$	3,804	$	73,218	$	10,844

Unrealized Loss Position Investments

Investments with continuous unrealized losses for less than 12 months and 12 months or greater and their related fair values were as follows:

	Less than 12 Months					12 Months or Greater							Total Unrealized Losses
(In millions)	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Total Fair Value
September 30, 2013
U.S. government and agency securities	$	1,386	$	(53	)	$	242	$	(8	)	$	1,628	$	(61	)
Foreign government bonds		870		(29	)		3		(1	)		873		(30	)
Mortgage-backed securities		298		(9	)		55		(1	)		353		(10	)
Corporate notes and bonds		944		(29	)		95		(4	)		1,039		(33	)
Municipal securities		49		(2	)		0		0			49		(2	)
Common and preferred stock		921		(129	)		72		(11	)		993		(140	)
Total	$	4,468	$	(251	)	$	467	$	(25	)	$	4,935	$	(276	)

	Less than 12 Months					12 Months or Greater							Total Unrealized Losses
(In millions)	Fair Value		Unrealized Losses			Fair Value		Unrealized Losses			Total Fair Value
June 30, 2013
U.S. government and agency securities	$	2,208	$	(84	)	$	0	$	0		$	2,208	$	(84	)
Foreign government bonds		589		(18	)		69		(23	)		658		(41	)
Mortgage-backed securities		357		(12	)		39		(1	)		396		(13	)
Corporate notes and bonds		1,142		(38	)		27		(2	)		1,169		(40	)
Municipal securities		44		(1	)		0		0			44		(1	)
Common and preferred stock		1,166		(168	)		409		(113	)		1,575		(281	)
Total	$	5,506	$	(321	)	$	544	$	(139	)	$	6,050	$	(460	)

Debt Investment Maturities

Debt Investment Maturities

(In millions)	Cost Basis		Estimated Fair Value
September 30, 2013
Due in one year or less	$	25,824	$	25,852
Due after one year through five years		44,904		45,042
Due after five years through 10 years		4,702		4,753
Due after 10 years		1,784		1,829
Total	$	77,214	$	77,476