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GOODWILL
12 Months Ended
Jun. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
GOODWILL

NOTE 10 — GOODWILL

Changes in the carrying amount of goodwill were as follows:

 

(In millions)

 

June 30,

2016

 

Acquisitions

 

Other

 

June 30,

2017

 

Acquisitions

 

Other

 

June 30,
2018

 

 

 

 

 

 

 

 

 

 

Productivity and Business Processes

 

 

$

6,678

 

 

$

17,072

(a)

 

$

(11

)

 

$

23,739

 

 

$

72

 

 

$

12

 

 

$

23,823

 

Intelligent Cloud

 

 

 

5,467

 

 

 

49

 

 

 

39

 

 

 

5,555

 

 

 

164

 

 

 

(16

)

 

 

5,703

 

More Personal Computing

 

 

 

5,727

 

 

 

115

 

 

 

(14

)

 

 

5,828

 

 

 

394

 

 

 

(65

)

 

 

6,157

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

$

  17,872

 

 

$

  17,236

 

 

$

  14

 

 

$

  35,122

 

 

$

  630

 

 

$

  (69

)

 

$

  35,683

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)

Includes goodwill related to LinkedIn and other acquisitions. Refer to Note 9 – Business Combinations for further information.

The measurement periods for the valuation of assets acquired and liabilities assumed end as soon as information on the facts and circumstances that existed as of the acquisition dates becomes available, but do not exceed 12 months. Adjustments in purchase price allocations may require a change in the amounts allocated to goodwill during the periods in which the adjustments are determined.

Any change in the goodwill amounts resulting from foreign currency translations and purchase accounting adjustments are presented as “Other” in the above table. Also included in “Other” are business dispositions and transfers between segments due to reorganizations, as applicable.

As of June 30, 2018 and 2017, accumulated goodwill impairment was $11.3 billion.

Goodwill Impairment  

We test goodwill for impairment annually on May 1 at the reporting unit level, primarily using a discounted cash flow methodology with a peer-based, risk-adjusted weighted average cost of capital. We believe use of a discounted cash flow approach is the most reliable indicator of the fair values of the businesses.

No instances of impairment were identified in our May 1, 2018, May 1, 2017, or May 1, 2016 tests.