INTANGIBLE ASSETS

3 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

NOTE 8 — 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
	September 30, 2023							June 30, 2023
Technology-based	$	11,409	$	(7,904	)	$	3,505	$	11,245	$	(7,589	)	$	3,656
Customer-related		7,281		(4,284	)		2,997		7,281		(4,047	)		3,234
Marketing-related		4,935		(2,555	)		2,380		4,935		(2,473	)		2,462
Contract-based		30		(17	)		13		29		(15	)		14
Total	$	23,655	$	(14,760	)	$	8,895	$	23,490	$	(14,124	)	$	9,366

Intangible assets amortization expense was $636 million and $633 million for the three months ended September 30, 2023 and 2022, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held as of September 30, 2023:

(In millions)
Year Ending June 30,
2024 (excluding the three months ended September 30, 2023)	$	1,748
2025		1,905
2026		1,407
2027		952
2028		675
Thereafter		2,208
Total	$	8,895