INTANGIBLE ASSETS

3 Months Ended

Sep. 30, 2025

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, 2025							June 30, 2025
Marketing-related	$	16,502	$	(4,101	)	$	12,401	$	16,502	$	(3,901	)	$	12,601
Technology-based		22,642		(16,056	)		6,586		22,560		(14,959	)		7,601
Customer-related		4,278		(2,204	)		2,074		4,278		(2,050	)		2,228
Contract-based		230		(55	)		175		217		(43	)		174
Total	$	43,652	$	(22,416	)	$	21,236	$	43,557	$	(20,953	)	$	22,604

Intangible assets amortization expense was $1.5 billion and $1.4 billion for the three months ended September 30, 2025 and 2024, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held as of September 30, 2025:

(In millions)
Year Ending June 30,
2026 (excluding the three months ended September 30, 2025)	$	3,186
2027		2,932
2028		2,038
2029		1,853
2030		1,385
Thereafter		9,842
Total	$	21,236