United states



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The decrease in anti-dilutive shares from fiscal year 2009 to 2010 was due mainly to the decrease in employee stock options outstanding.

In June 2010, we issued $1.25 billion of zero-coupon debt securities that are convertible into shares of our common stock if certain conditions are met. As of June 30, 2011, none of these securities had met price or other conditions that would make them eligible for issuance and therefore were excluded from the calculation of either the basic or diluted EPS. See Note 12 – Debt for additional information.



NOTE 3 — OTHER INCOME (EXPENSE)

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



 








































(In millions)

 

 

 

 

 

 

 

 

 

 

 













Year Ended June 30,

 

2011

 

 

2010

 

 

2009

 













Dividends and interest income

 

$

900

 

 

$

843

 

 

$

744

 

Interest expense

 

 

(295

)

 

 

(151

)

 

 

(38

)

Net recognized gains (losses) on investments

 

 

439

 

 

 

348

 

 

 

(125

)

Net losses on derivatives

 

 

(77

)

 

 

(140

)

 

 

(558

)

Net gains (losses) on foreign currency remeasurements

 

 

(26



 

 

1

 

 

 

(509

)

Other

 

 

(31



 

 

14

 

 

 

(56

)

 

 

 

 

 

 

 

 

 

 

Total

 

$

   910

 

 

$

   915

 

 

$

  (542

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Following are details of net recognized gains (losses) on investments during the periods reported: 











































(In millions)

 

 

 

 

 

 

 

 

 

 

 













Year Ended June 30,

 

2011

 

 

2010

 

 

2009

 













Other-than-temporary impairments of investments

 



(80



 

$

(69



 



(862

)

Realized gains from sales of available-for-sale securities







734










605










1,634




Realized losses from sales of available-for-sale securities







(215

)







(188

)







(897

)

 

 

 

 

 

 

 

 

 

 

Total

 

$

   439

 

 

$

   348

 

 

$

  (125

)

 

 

 

 

 

 

 

 

 

 

 

 

 


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