Annual report pursuant to Section 13 and 15(d)

Interest and Other, Net

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Interest and Other, Net
12 Months Ended
Dec. 31, 2011
Interest and Other, Net [Abstract]  
Interest and Other, Net [Text Block]

Note 13: Interest and Other, Net

 

The components of interest and other, net were as follows:

(In Millions) 2011   2010   2009
Interest income $ 98   $ 119   $ 168
Interest expense   (41)         (1)
Other, net   135     (10)     (4)
Total interest and other, net $ 192   $ 109   $ 163

In 2011, we recognized a gain upon formation of the Intel and GE joint venture, Care Innovations, of $164 million, included within “other, net,” in the preceding table. For further information, see “Note 11: Equity Method and Cost Method Investments.” Interest expense in the preceding table is net of $150 million of interest capitalized in 2011 ($134 million in 2010 and $86 million in 2009).