Other (Income) Expense - Net

6 Months Ended

Dec. 31, 2011

Other (Income) Expense - Net

Other (Income) Expense - Net

Note 12. Other (Income) Expense - Net

The following tables set forth the items in other (income) expense:

	Three Months Ended						Six Months Ended
	December 31,						December 31,
	2011			2010			2011			2010
	(In millions)
Gain on Golden Peanut revaluation	$	–		$	(71	)	$	–		$	(71	)
Unrealized gains on interest rate swaps		–			(55	)		–			(24	)
Other – net		(30	)		14			(12	)		(20	)
Other (Income) Expense - Net	$	(30	)	$	(112	)	$	(12	)	$	(115	)

The $71 million gain on Golden Peanut revaluation was recognized as a result of revaluing the Company's previously held investment in Golden Peanut in conjunction with the acquisition of the remaining 50 percent interest ("Golden Peanut Gain") based on the guidance of ASC Topic 805, Business Combinations.