Microsoft 2008 Annual Report Download - page 46

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PAGE 45
NOTE 3 INVESTMENT INCOME AND OTHER
The components of investment income and other were as follows:
(In millions)
Y
ear Ended June 30, 2008
2007 2006
Dividends and interest $ 888
$1,319 $1,510
Net recognized gains on investments 346
650 161
Net gains (losses) on derivatives 226
(358) (99)
Other (138)
(34) 218
Investment income and other $1,322
$1,577 $1,790
Net gains on investments included other-than-temporary impairments of $312 million, $25 million, and $408
million in fiscal years 2008, 2007, and 2006, respectively. Realized gains and losses from sales of available-for-
sale securities (excluding other-than-temporary impairments) were $751 million and $93 million, respectively, in
fiscal year 2008, $851 million and $176 million, respectively, in fiscal year 2007, and $1.1 billion and $531 million,
respectively, in fiscal year 2006.