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INTANGIBLE ASSETS (Tables)
12 Months Ended
Jun. 30, 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

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

 

 

 

 

 

 

2022

 

 

 

 

 

 

 

 

2021

 

 

 

 

 

 

 

 

Technology-based

 

$

11,277

 

 

$

(6,958

)

 

$

4,319

 

 

$

9,779

 

 

$

(7,007

)

 

$

2,772

 

Customer-related

 

 

7,342

 

 

 

(3,171

)

 

 

4,171

 

 

 

4,958

 

 

 

(2,859

)

 

 

2,099

 

Marketing-related

 

 

4,942

 

 

 

(2,143

)

 

 

2,799

 

 

 

4,792

 

 

 

(1,878

)

 

 

2,914

 

Contract-based

 

 

16

 

 

 

(7

)

 

 

9

 

 

 

446

 

 

 

(431

)

 

 

15

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

23,577

(a)

 

$

(12,279

)

 

$

11,298

 

 

$

19,975

(b)

 

$

(12,175

)

 

$

7,800

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(a)

Includes intangible assets of $4.4 billion related to Nuance. See Note 8 – Business Combinations for further information.

(b)

Includes intangible assets of $2.0 billion related to ZeniMax. See Note 8 – Business Combinations for further information.

Acquired Intangible Assets

The components of intangible assets acquired during the periods presented were as follows:

 

(In millions)

 

Amount

 

 

Weighted

Average Life

 

 

Amount

 

 

Weighted

Average Life

 

 

 

 

 

 

 

 

 

Year Ended June 30,

 

2022

 

 

 

 

 

2021

 

 

 

 

 

 

 

 

 

Technology-based

 

$

2,611

 

 

 

4 years

 

 

$

1,628

 

 

 

4 years

 

Customer-related

 

 

2,837

 

 

 

9 years

 

 

 

96

 

 

 

4 years

 

Marketing-related

 

 

233

 

 

 

4 years

 

 

 

625

 

 

 

6 years

 

Contract-based

 

 

0

 

 

 

0 years

 

 

 

10

 

 

 

3 years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

5,681

 

 

 

7 years

 

 

$

 2,359

 

 

 

5 years

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated Future Amortization Expense Related to Intangible Assets

The following table outlines the estimated future amortization expense related to intangible assets held as of June 30, 2022:

 

(In millions)

 

 

 

 

 

 

 

 

Year Ending June 30,

 

 

 

 

 

 

2023

 

$

2,654

 

2024

 

 

2,385

 

2025

 

 

1,631

 

2026

 

 

1,227

 

2027

 

 

809

 

Thereafter

 

 

2,592

 

 

 

 

 

 

 

 

Total

 

$

11,298