OTHER INCOME (EXPENSE), NET (Tables)

6 Months Ended

Dec. 31, 2018

Components of Other Income (Expense), Net

The components of other income (expense), net were as follows:

(In millions)	Three Months Ended December 31,						Six Months Ended December 31,
	2018			2017			2018			2017
Interest and dividends income	$	704		$	530		$	1,385		$	1,003
Interest expense		(672	)		(698	)		(1,346	)		(1,370	)
Net recognized gains on investments		94			768			337			1,341
Net gains (losses) on derivatives		41			(84	)		38			(134	)
Net losses on foreign currency remeasurements		(74	)		(60	)		(69	)		(69	)
Other, net		34			34			48			(5	)
Total	$	127		$	490		$	393		$	766

Debt Securities

Net Recognized Gains (Losses) on Investments

Net recognized gains (losses) on debt investments were as follows:

(In millions)	Three Months Ended December 31,						Six Months Ended December 31,
	2018			2017				2018			2017
Realized gains from sales of available-for-sale securities	$	6		$	5		$	13		$	18
Realized losses from sales of available-for-sale securities		(5	)		(259	)		(90	)		(339	)
Other-than-temporary impairments of investments		(7	)		(4	)		(7	)		(5	)
Total	$	(6	)	$	(258	)	$	(84	)	$	(326	)

Equity Securities

Net Recognized Gains (Losses) on Investments

Net recognized gains (losses) on equity investments were as follows:

(In millions)	Three Months Ended December 31,						Six Months Ended December 31,
	2018			2017				2018			2017
Net realized gains on investments sold	$	30		$	1,046		$	233		$	1,692
Net unrealized gains on investments still held		73			0			191			0
Impairments of investments		(3	)		(20	)		(3	)		(25	)
Total	$	100		$	1,026		$	421		$	1,667