INTANGIBLE ASSETS AND GOODWILL

6 Months Ended

Nov. 30, 2011

Intangible Assets and Goodwill [Abstract]

INTANGIBLE ASSETS AND GOODWILL

5.     INTANGIBLE ASSETS AND GOODWILL

The changes in intangible assets for fiscal 2012 and the net book value of intangible assets at November 30, 2011 and May 31, 2011 were as follows:

	Intangible Assets, Gross			Accumulated Amortization			Intangible Assets, Net		Weighted
	May 31,		November 30,	May 31,		November 30,	May 31,	November 30,	Average
(Dollars in millions)	2011	Additions	2011	2011	Expense	2011	2011	2011	Useful Life
Software support agreements and related relationships	$ 5,177	$44	$5,221	$ (2,745)	$(290)	$(3,035)	$ 2,432	$2,186	9 years
Hardware systems support agreements and related relationships	760	8	768	(147)	(59)	(206)	613	562	7 years
Developed technology	6,034	165	6,199	(3,728)	(457)	(4,185)	2,306	2,014	5 years
Core technology	2,295	254	2,549	(1,272)	(168)	(1,440)	1,023	1,109	6 years
Customer relationships	2,063	35	2,098	(926)	(177)	(1,103)	1,137	995	7 years
Trademarks	528	9	537	(229)	(33)	(262)	299	275	7 years
Total intangible assets subject to amortization	16,857	515	17,372	(9,047)	(1,184)	(10,231)	7,810	7,141
In-process research and development	50	(39)	11	—	—	—	50	11	N.A.
Total intangible assets, net	$16,907	$476	$17,383	$   (9,047)	$(1,184)	$(10,231)	$7,860	$ 7,152

Total amortization expense related to our intangible assets was $592 million and $1.2 billion for the three and six months ended November 30, 2011, respectively, and $614 million and $1.2 billion for the three and six months ended November 30, 2010, respectively. As of November 30, 2011, estimated future amortization expenses related to intangible assets were as follows (in millions):

Remainder of Fiscal 2012	$      1,162
Fiscal 2013	1,991
Fiscal 2014	1,644
Fiscal 2015	1,244
Fiscal 2016	737
Fiscal 2017	183
Thereafter	180
Total intangible assets subject to amortization	7,141
In-process research and development	11
Total intangible assets, net	$       7,152

The changes in the carrying amounts of goodwill, which is generally not deductible for tax purposes, for our operating segments for the six months ended November 30, 2011 were as follows:

(in millions)	New Software Licenses	Software License Updates and Product Support	Hardware Systems Support	Other(2)	Total
Balances as of May 31, 2011	$ 6,785	$ 12,052	$ 1,009	$ 1,707	$ 21,553
Goodwill from acquisitions	182	91	183	31	487
Goodwill adjustments(1)	(34)	(9)	—	(3)	(46)
Balances as of November 30, 2011	$ 6,933	$ 12,134	$ 1,192	$ 1,735	$ 21,994

(1)	Pursuant to our business combinations accounting policy, we record goodwill adjustments for the effect on goodwill of changes to net assets acquired during the measurement period (up to one year from the date of an acquisition). Goodwill adjustments were not significant to our previously reported operating results or financial position.
(2)	Represents goodwill allocated to our other operating segments.