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INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Finite-Lived 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

 

 

 

 

 

 

 

 

June 30,

 

 

 

 

 

 

2024

 

 

 

 

 

 

 

 

2023

 

 

 

 

 

 

Marketing-related

$

16,500

$

(3,101

)

$

13,399

$

4,935

$

(2,473

)

$

2,462

Technology-based

21,913

(10,741

)

11,172

11,245

(7,589

)

3,656

Customer-related

6,038

(3,051

)

2,987

7,281

(4,047

)

3,234

Contract-based

58

(19

)

39

29

(15

)

14

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

44,509

(a)

$

(16,912

)

$

27,597

$

23,490

 

$

(14,124

)

$

9,366

 

 

 

 

 

 

 

 

 

(a)
Includes intangible assets of $22.0 billion related to Activision Blizzard. See Note 8 – Business Combinations for further information.
Acquired Intangible Assets

The components of intangible assets acquired during the periods presented were as follows:

 

(In millions)

Amount

Weighted

Average Life

Amount

Weighted

Average Life

 

 

 

 

 

 

Year Ended June 30,

2024

2023

 

 

 

 

Marketing-related

$

11,619

24 years

$

7

5 years

Technology-based

 

10,947

4 years

 

522

7 years

 

Customer-related

660

4 years

0

0 years

Contract-based

 

 

38

 

 

 

4 years

 

 

 

12

 

 

 

3 years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

$

23,264

14 years

$

541

6 years

 

 

Estimated Future Amortization Expense Related to Intangible Assets

The following table outlines the estimated future amortization expense related to intangible assets held as of June 30, 2024:

 

(In millions)

 

 

 

Year Ending June 30,

 

2025

$

5,892

2026

4,471

2027

2,793

2028

1,909

2029

1,728

Thereafter

10,804

 

 

 

 

 

Total

$

27,597