INTANGIBLE ASSETS

9 Months Ended

Mar. 31, 2023

Goodwill And Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 9 — INTANGIBLE ASSETS

The components of intangible assets, all of which are finite-lived, were as follows:

(In millions)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	March 31, 2023							June 30, 2022
Technology-based	$	11,228	$	(7,366	)	$	3,862	$	11,277	$	(6,958	)	$	4,319
Customer-related		7,308		(3,837	)		3,471		7,342		(3,171	)		4,171
Marketing-related		4,929		(2,393	)		2,536		4,942		(2,143	)		2,799
Contract-based		23		(13	)		10		16		(7	)		9
Total	$	23,488	$	(13,609	)	$	9,879	$	23,577	$	(12,279	)	$	11,298

Intangible assets amortization expense was $612 million and $1.9 billion for the three and nine months ended March 31, 2023, respectively, and $502 million and $1.4 billion for the three and nine months ended March 31, 2022, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held as of March 31, 2023:

(In millions)
Year Ending June 30,
2023 (excluding the nine months ended March 31, 2023)	$	628
2024		2,403
2025		1,869
2026		1,341
2027		900
Thereafter		2,738
Total	$	9,879