Note 12: Interest and Other, Net

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

Interest expense in the preceding table is net of $240 million of interest capitalized in 2012 ($150 million in 2011 and $134 million in 2010). In 2011, we recognized a gain upon forming the Intel and GE joint venture, Care Innovations, of $164 million, which is included within “other, net,” in the preceding table. For further information, see “Note 10: Equity Method and Cost Method Investments.”