NOTE 10 — INTANGIBLE ASSETS
The components of intangible assets, all of which are finite-lived, were as follows:
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(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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March 31, 2018 |
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June 30, 2017 |
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Technology-based (a) |
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$ |
7,183 |
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$ |
(4,690 |
) |
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$ |
2,493 |
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$ |
7,765 |
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$ |
(4,318 |
) |
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$ |
3,447 |
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Customer-related |
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4,035 |
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(1,073 |
) |
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2,962 |
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4,045 |
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(692 |
) |
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3,353 |
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Marketing-related |
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4,031 |
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(1,025 |
) |
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3,006 |
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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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667 |
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(584 |
) |
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|
83 |
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841 |
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(722 |
) |
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119 |
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Total |
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$ |
15,916 |
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$ |
(7,372 |
) |
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$ |
8,544 |
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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 $19 million and $59 million of net carrying amount of software to be sold, leased, or otherwise marketed as of March 31, 2018 and June 30, 2017, respectively. |
Intangible assets amortization expense was $560 million and $1.7 billion for the three and nine months ended March 31, 2018, respectively, and $560 million and $1.1 billion for the three and nine months ended March 31, 2017, respectively.
The following table outlines the estimated future amortization expense related to intangible assets held as of March 31, 2018:
|
(In millions) |
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Year Ending June 30, |
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2018 (excluding the nine months ended March 31, 2018) |
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$ |
562 |
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2019 |
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|
1,717 |
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2020 |
|
|
1,210 |
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2021 |
|
|
1,020 |
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2022 |
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|
941 |
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Thereafter |
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3,094 |
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Total |
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$ |
8,544 |
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