NOTE 10 — INTANGIBLE ASSETS
The components of intangible assets, all of which are finite-lived, were as follows:
(In millions) |
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Gross |
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Accumulated |
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Net |
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Gross |
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Accumulated |
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Net |
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September 30, 2017 |
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June 30, 2017 |
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Technology-based (a) |
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$ |
7,833 |
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$ |
(4,686 |
) |
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$ |
3,147 |
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$ |
7,765 |
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$ |
(4,318 |
) |
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$ |
3,447 |
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Marketing-related |
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4,040 |
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(902 |
) |
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3,138 |
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4,016 |
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(829 |
) |
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3,187 |
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Contract-based |
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819 |
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(725 |
) |
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94 |
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841 |
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(722 |
) |
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119 |
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Customer-related |
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4,049 |
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(830 |
) |
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3,219 |
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4,045 |
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(692 |
) |
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3,353 |
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Total |
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$ |
16,741 |
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$ |
(7,143 |
) |
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$ |
9,598 |
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$ |
16,667 |
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$ |
(6,561 |
) |
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$ |
10,106 |
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(a) |
Technology-based intangible assets included $46 million and $59 million of net carrying amount of software to be sold, leased, or otherwise marketed as of September 30, 2017 and June 30, 2017, respectively. |
Intangible assets amortization expense was $563 million and $214 million for the three months ended September 30, 2017 and 2016, respectively.
The following table outlines the estimated future amortization expense related to intangible assets held as of September 30, 2017:
(In millions) |
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Year Ending June 30, |
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2018 (excluding the three months ended September 30, 2017) |
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$ |
1,661 |
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2019 |
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|
1,701 |
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2020 |
|
|
1,193 |
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2021 |
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|
1,006 |
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2022 |
|
|
934 |
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Thereafter |
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3,103 |
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Total |
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$ |
9,598 |
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