XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.22.1

OTHER INCOME (EXPENSE), NET (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2022
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, |
|  | 2022 |  |  | 2021 |  |  |  | 2022 |  |  |  | 2021 |
Interest and dividends income |  | $ | 519 |  |  | $ | 519 |  |  | $ | 1,542 |  |  | $ | 1,634 |
Interest expense |  |  | (503 | ) |  |  | (633 | ) |  |  | (1,567 | ) |  |  | (1,793 | )
Net recognized gains (losses) on investments |  |  | (76 | ) |  |  | 353 |  |  |  | 595 |  |  |  | 837 |
Net losses on derivatives |  |  | (29 | ) |  |  | (2 | ) |  |  | (29 | ) |  |  | (4 | )
Net gains (losses) on foreign currency remeasurements |  |  | (74 | ) |  |  | (55 | ) |  |  | (152 | ) |  |  | 126 |
Other, net |  |  | (11 | ) |  |  | 6 |  |  |  | (9 | ) |  |  | 76 |
Total |  | $ | (174 | ) |  | $ | 188 |  |  | $ | 380 |  |  | $ | 876 |
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, |
|  | 2022 |  |  | 2021 |  |  |  | 2022 |  |  |  | 2021 |
Realized gains from sales of available-for-sale securities |  | $ | 119 |  |  | $ | 33 |  |  | $ | 150 |  |  | $ | 84 |
Realized losses from sales of available-for-sale securities |  |  | (89 | ) |  |  | (12 | ) |  |  | (102 | ) |  |  | (30 | )
Impairments and allowance for credit losses |  |  | (45 | ) |  |  | (10 | ) |  |  | (53 | ) |  |  | (7 | )
Total |  | $ | (15 | ) |  | $ | 11 |  |  | $ | (5 | ) |  | $ | 47 |
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, |
|  | 2022 |  |  | 2021 |  |  |  | 2022 |  |  |  | 2021 |
Net realized gains (losses) on investments sold |  | $ | (22 | ) |  | $ | 43 |  |  | $ | 46 |  |  | $ | 76 |
Net unrealized gains (losses) on investments still held |  |  | (34 | ) |  |  | 299 |  |  |  | 559 |  |  |  | 725 |
Impairments of investments |  |  | (5 | ) |  |  | 0 |  |  |  | (5 | ) |  |  | (11 | )
Total |  | $ | (61 | ) |  | $ | 342 |  |  | $ | 600 |  |  | $ | 790 |

X
- Definition Tabular disclosure of realized and unrealized gain (loss) on investment in security. + References No definition available. + Details
Name: | us-gaap_GainLossOnInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherNonoperatingIncomeExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_DebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_EquitySecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |