INTANGIBLE ASSETS

6 Months Ended

Dec. 31, 2015

NOTE 10 — 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, 2015							June 30, 2015

Technology-based ^(a)	$	6,880	$	(3,805	)	$	3,075	$	6,187	$	(3,410	)	$	2,777
Marketing-related		1,955		(612	)		1,343		1,974		(540	)		1,434
Contract-based		797		(710	)		87		1,344		(862	)		482
Customer-related		608		(494	)		114		632		(490	)		142

Total	$	10,240	$	(5,621	)	$	4,619	$	10,137	$	(5,302	)	$	4,835

(a)	Technology-based intangible assets included $147 million and $116 million as of December 31, 2015 and June 30, 2015, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.

Intangible assets amortization expense was $249 million and $491 million for the three and six months ended December 31, 2015, respectively, and $329 million and $701 million for the three and six months ended December 31, 2014, respectively. Amortization of capitalized software was $18 million and $36 million for the three and six months ended December 31, 2015, respectively, and $15 million and $55 million for the three and six months ended December 31, 2014, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held at December 31, 2015:


(In millions)


Year Ending June 30,

2016 (excluding the six months ended December 31, 2015)	$	487
2017		832
2018		727
2019		583
2020		519
Thereafter		1,471

Total	$	4,619