OTHER INCOME (EXPENSE), NET

12 Months Ended

Jun. 30, 2022

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)
Year Ended June 30,	2022			2021			2020
Interest and dividends income	$	2,094		$	2,131		$	2,680
Interest expense		(2,063	)		(2,346	)		(2,591	)
Net recognized gains on investments		461			1,232			32
Net gains (losses) on derivatives		(52	)		17			187
Net gains (losses) on foreign currency remeasurements		(75	)		54			(191	)
Other, net		(32	)		98			(40	)
Total	$	333		$	1,186		$	77

Net Recognized Gains (Losses) on Investments

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

(In millions)
Year Ended June 30,	2022			2021			2020
Realized gains from sales of available-for-sale securities	$	162		$	105		$	50
Realized losses from sales of available-for-sale securities		(138	)		(40	)		(37	)
Impairments and allowance for credit losses		(81	)		(2	)		(17	)
Total	$	(57	)	$	63		$	(4	)

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

(In millions)
Year Ended June 30,	2022			2021			2020
Net realized gains on investments sold	$	29		$	123		$	83
Net unrealized gains on investments still held		509			1,057			69
Impairments of investments		(20	)		(11	)		(116	)
Total	$	518		$	1,169		$	36