OTHER INCOME (EXPENSE), NET (Tables)

9 Months Ended

Mar. 31, 2020

Components of Other Income (Expense), Net

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

(In millions)	Three Months Ended March 31,						Nine Months Ended March 31,
	2020			2019			2020			2019
Interest and dividends income	$	673		$	668		$	2,085		$	2,053
Interest expense		(614	)		(671	)		(1,905	)		(2,017	)
Net recognized gains (losses) on investments		(101	)		44			4			381
Net gains on derivatives		49			51			136			89
Net gains (losses) on foreign currency remeasurements		(136	)		37			(218	)		(32	)
Other, net		(3	)		16			(40	)		64
Total	$	(132	)	$	145		$	62		$	538

Debt Securities

Net Recognized Gains (Losses) on Investments

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

(In millions)	Three Months Ended March 31,						Nine Months Ended March 31,
	2020			2019			2020			2019
Realized gains from sales of available-for-sale securities	$	9		$	6		$	30		$	19
Realized losses from sales of available-for-sale securities		(7	)		(10	)		(17	)		(100	)
Other-than-temporary impairments of investments		(7	)		0			(12	)		(7	)
Total	$	(5	)	$	(4	)	$	1		$	(88	)

Equity Securities

Net Recognized Gains (Losses) on Investments

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

(In millions)	Three Months Ended March 31,						Nine Months Ended March 31,
		2020			2019				2020			2019
Net realized gains (losses) on investments sold	$	(5	)	$	5			$	70		$	238
Net unrealized gains (losses) on investments still held		(22	)		50				33			241
Impairments of investments		(69	)		(7	)			(100	)		(10	)
Total	$	(96	)	$	48			$	3		$	469