MICROSOFT CORP | 2013 | FY | 3


NOTE 3 — OTHER INCOME (EXPENSE)

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

 

(In millions)                   


Year Ended June 30,    2013     2012     2011  

Dividends and interest income

   $ 677      $ 800      $ 900   

Interest expense

     (429 )      (380 )      (295 ) 

Net recognized gains on investments

     116        564        439   

Net losses on derivatives

     (196 )      (364 )      (77 ) 

Net losses on foreign currency remeasurements

     (74 )      (117 )      (26 ) 

Other

     194        1        (31 ) 


 


 


Total

   $    288      $    504      $    910   
    


 


 


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

 

(In millions)                   


Year Ended June 30,    2013     2012     2011  

Other-than-temporary impairments of investments

   $ (208 )    $ (298 )    $ (80 ) 

Realized gains from sales of available-for-sale securities

     489          1,418        734   

Realized losses from sales of available-for-sale securities

     (165 )      (556 )      (215 ) 


 


 


Total

   $    116      $ 564      $    439   
    


 


 



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