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INTANGIBLE ASSETS (Tables)
9 Months Ended
Mar. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Finite-Lived 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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

2022

 

 

June 30,

2021

 

 

 

 

 

 

 

 

Technology-based

 

$

11,570

 

 

$

(7,346

)

 

$

4,224

 

 

$

9,779

 

 

$

(7,007

)

 

$

2,772

 

Customer-related

 

 

7,578

 

 

 

(3,366

)

 

 

4,212

 

 

 

4,958

 

 

 

(2,859

)

 

 

2,099

 

Marketing-related

 

 

5,033

 

 

 

(2,131

)

 

 

2,902

 

 

 

4,792

 

 

 

(1,878

)

 

 

2,914

 

Contract-based

 

 

343

 

 

 

(333

)

 

 

10

 

 

 

446

 

 

 

(431

)

 

 

15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

24,524

(a)

 

$

(13,176

)

 

$

11,348

 

 

$

19,975

 

 

$

(12,175

)

 

$

7,800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)

Includes intangible assets of $4.3 billion related to Nuance. See Note 7 – Business Combinations for further information.

Estimated Future Amortization Expense Related to Intangible Assets

The following table outlines the estimated future amortization expense related to intangible assets held as of March 31, 2022:

 

(In millions)

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ending June 30,

 

 

 

 

 

 

2022 (excluding the nine months ended March 31, 2022)

 

$

618

 

2023

 

 

2,579

 

2024

 

 

2,275

 

2025

 

 

1,551

 

2026

 

 

1,110

 

Thereafter

 

 

3,215

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

11,348