BUSINESS COMBINATIONS (Tables)

9 Months Ended

Mar. 31, 2022

Nuance Communications Inc.

Major Classes of Assets and Liabilities Allocated Purchase Price

The major classes of assets and liabilities to which we have preliminarily allocated the purchase price were as follows:

(In millions)
Goodwill (a)	$	16,295
Intangible assets		4,340
Other assets		29
Other liabilities (b)		(1,897	)
Total	$	18,767

(a) Goodwill was assigned to our Intelligent Cloud segment and was primarily attributed to increased synergies that are expected to be achieved from the integration of Nuance. None of the goodwill is expected to be deductible for income tax purposes.

(b) Includes $986 million of convertible senior notes issued by Nuance in 2015 and 2017, of which $947 million was redeemed prior to March 31, 2022. The remaining $39 million of notes are redeemable through their respective maturity dates and are included in other current liabilities on our consolidated balance sheets as of March 31, 2022.

Acquired Intangible Assets

Following are the details of the purchase price allocated to the intangible assets acquired:

(In millions, except average life)	Amount			Weighted Average Life
Customer-related	$	2,560	9 years
Technology-based		1,560	4 years
Marketing-related		220	4 years
Total	$	4,340	7 years

ZeniMax Media Inc.

Major Classes of Assets and Liabilities Allocated Purchase Price

The major classes of assets and liabilities to which we have allocated the purchase price were as follows:

(In millions)
Cash and cash equivalents	$	766
Goodwill		5,510
Intangible assets		1,968
Other assets		121
Other liabilities		(244	)
Total	$	8,121

Acquired Intangible Assets

Following are details of the purchase price allocated to the intangible assets acquired:

(In millions, except average life)	Amount		Weighted Average Life
Technology-based	$	1,341		4 years
Marketing-related		627		11 years
Total	$	1,968		6 years