OTHER INCOME (EXPENSE), NET

6 Months Ended

Dec. 31, 2019

Other Income And Expenses [Abstract]

OTHER INCOME (EXPENSE), NET

NOTE 3 — 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,
	2019			2018			2019			2018
Interest and dividends income	$	688		$	704		$	1,412		$	1,385
Interest expense		(654	)		(672	)		(1,291	)		(1,346	)
Net recognized gains on investments		162			94			105			337
Net gains on derivatives		41			41			87			38
Net losses on foreign currency remeasurements		(24	)		(74	)		(82	)		(69	)
Other, net		(19	)		34			(37	)		48
Total	$	194		$	127		$	194		$	393

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,
	2019			2018			2019			2018
Realized gains from sales of available-for-sale securities	$	14		$	6		$	21		$	13
Realized losses from sales of available-for-sale securities		(6	)		(5	)		(10	)		(90	)
Other-than-temporary impairments of investments		(1	)		(7	)		(5	)		(7	)
Total	$	7		$	(6	)	$	6		$	(84	)

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

(In millions)	Three Months Ended December 31,						Six Months Ended December 31,
		2019			2018				2019			2018
Net realized gains on investments sold	$	53		$	30			$	75		$	233
Net unrealized gains on investments still held		111			73				55			191
Impairments of investments		(9	)		(3	)			(31	)		(3	)
Total	$	155		$	100			$	99		$	421