INTANGIBLE ASSETS

6 Months Ended

Dec. 31, 2024

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
	December 31, 2024							June 30, 2024
Marketing-related	$	16,489	$	(3,499	)	$	12,990	$	16,500	$	(3,101	)	$	13,399
Technology-based		22,481		(12,785	)		9,696		21,913		(10,741	)		11,172
Customer-related		6,030		(3,444	)		2,586		6,038		(3,051	)		2,987
Contract-based		135		(22	)		113		58		(19	)		39
Total	$	45,135	$	(19,750	)	$	25,385	$	44,509	$	(16,912	)	$	27,597

Intangible assets amortization expense was $1.5 billion and $3.0 billion for the three and six months ended December 31, 2024, respectively, and $1.3 billion and $2.0 billion for the three and six months ended December 31, 2023, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held as of December 31, 2024:

(In millions)
Year Ending June 30,
2025 (excluding the six months ended December 31, 2024)	$	3,075
2026		4,576
2027		2,850
2028		1,986
2029		1,804
Thereafter		11,094
Total	$	25,385