INTANGIBLE ASSETS

6 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

NOTE 8 — 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


	December 31, 2019							June 30, 2019

Technology-based	$	7,821	$	(6,097	)	$	1,724	$	7,691	$	(5,771	)	$	1,920
Customer-related		4,673		(2,030	)		2,643		4,709		(1,785	)		2,924
Marketing-related		4,157		(1,453	)		2,704		4,165		(1,327	)		2,838
Contract-based		475		(420	)		55		574		(506	)		68


Total	$	17,126	$	(10,000	)	$	7,126	$	17,139	$	(9,389	)	$	7,750

Intangible assets amortization expense was $411 million and $845 million for the three and six months ended December 31, 2019, respectively, and $530 million and $1.1 billion for the three and six months ended December 31, 2018, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held as of December 31, 2019:

(In millions)


Year Ending June 30,

2020 (excluding the six months ended December 31, 2019)	$	687
2021		1,346
2022		1,246
2023		1,088
2024		757
Thereafter		2,002


Total	$	7,126