NOTE
9 — 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
|
|
|
|
|
|
|
| |
|
September
30,
2016
|
|
|
June
30,
2016
|
|
|
|
|
|
|
|
|
|
|
|
Technology-based (a)
|
|
$ |
6,016 |
|
|
|
|
|
|
$ |
(3,847 |
) |
|
$ |
2,169 |
|
|
$ |
5,970 |
|
|
|
|
|
|
$ |
(3,648 |
) |
|
$ |
2,322 |
|
|
Marketing-related
|
|
|
1,866 |
|
|
|
|
|
|
|
(653 |
) |
|
|
1,213 |
|
|
|
1,869 |
|
|
|
|
|
|
|
(616 |
) |
|
|
1,253 |
|
|
Contract-based
|
|
|
796 |
|
|
|
|
|
|
|
(722 |
) |
|
|
74 |
|
|
|
796 |
|
|
|
|
|
|
|
(718 |
) |
|
|
78 |
|
|
Customer-related
|
|
|
470 |
|
|
|
|
|
|
|
(404 |
) |
|
|
66 |
|
|
|
465 |
|
|
|
|
|
|
|
(385 |
) |
|
|
80 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
9,148 |
|
|
|
|
|
|
$ |
(5,626 |
) |
|
$ |
3,522 |
|
|
$ |
9,100 |
|
|
|
|
|
|
$ |
(5,367 |
) |
|
$ |
3,733 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (a) |
Technology-based intangible assets included $101 million and
$115 million of net carrying amount of software to be sold, leased,
or otherwise marketed as of September 30, 2016
and June 30, 2016, respectively.
|
Intangible assets amortization expense was $214 million and
$242 million for the three months ended September 30, 2016 and
2015, respectively. Amortization of capitalized software was $14
million and $18 million for the three months ended
September 30, 2016 and 2015, respectively.
The
following table outlines the estimated future amortization expense
related to intangible assets held as of September 30,
2016:
|
|
|
|
|
| (In millions) |
|
|
|
|
|
|
|
|
Year Ending
June 30,
|
|
|
|
|
|
|
|
2017 (excluding the three months
ended September 30, 2016)
|
|
$ |
563 |
|
|
2018
|
|
|
685 |
|
|
2019
|
|
|
533 |
|
|
2020
|
|
|
456 |
|
|
2021
|
|
|
403 |
|
|
Thereafter
|
|
|
882 |
|
|
|
|
Total
|
|
$ |
3,522 |
|
| |
|
|
|
|
|