Net Recognized Gains (Losses) on Investments
Net recognized gains (losses) on debt investments were as follows:
(In millions)
Year Ended June 30, ..................... 2025 / 2025 / 2024 / 2024 / 2023 / 2023
Realized gains from sales of available-for-sale securities ... $ / 40 / $ / 22 / $ / 36
Realized losses from sales of available-for-sale securities ... ( 65 / ) / ( 98 / ) / ( 124 / )
Impairments and allowance for credit losses ... 8 / 23 / ( 10 / )
Total ................................... $ / ( 17 / ) / $ / ( 53 / ) / $ / ( 98 / )
Net recognized gains (losses) on equity investments were as follows:
(In millions)
Year Ended June 30, ..................... 2025 / 2025 / 2024 / 2024 / 2023 / 2023
Net realized gains on investments sold ... $ / 83 / $ / 18 / $ / 75
Net unrealized gains on investments still held ... 536 / 146 / 303
Impairments of investments .............. ( 951 / ) / ( 229 / ) / ( 20 / )
Total ................................... $ / ( 332 / ) / $ / ( 65 / ) / $ / 358
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PART II