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INTANGIBLE ASSETS
3 Months Ended
Sep. 30, 2018
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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

2018

 

 

June 30,

2018

 

 

 

 

 

 

 

 

Technology-based

 

$

7,302

 

 

$

(5,376

)

 

$

1,926

 

 

$

7,220

 

 

$

(5,018

)

 

$

2,202

 

Customer-related

 

 

4,032

 

 

 

(1,337

)

 

 

2,695

 

 

 

4,031

 

 

 

(1,205

)

 

 

2,826

 

Marketing-related

 

 

4,012

 

 

 

(1,138

)

 

 

2,874

 

 

 

4,006

 

 

 

(1,071

)

 

 

2,935

 

Contract-based

 

 

680

 

 

 

(596

)

 

 

84

 

 

 

679

 

 

 

(589

)

 

 

90

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

  16,026

 

 

$

  (8,447

)

 

$

 7,579

 

 

$

  15,936

 

 

$

  (7,883

)

 

$

 8,053

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets amortization expense was $556 million and $563 million for the three months ended September 30, 2018 and 2017, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held as of September 30, 2018:

 

(In millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ending June 30,

 

 

 

 

 

 

2019 (excluding the three months ended September 30, 2018)

 

$

1,243

 

2020

 

 

1,279

 

2021

 

 

1,065

 

2022

 

 

972

 

2023

 

 

810

 

Thereafter

 

 

2,210

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

7,579