INTANGIBLE ASSETS

9 Months Ended

Mar. 31, 2020

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


	March 31, 2020							June 30, 2019

Technology-based	$	7,899	$	(6,235	)	$	1,664	$	7,691	$	(5,771	)	$	1,920
Customer-related		4,675		(2,169	)		2,506		4,709		(1,785	)		2,924
Marketing-related		4,157		(1,520	)		2,637		4,165		(1,327	)		2,838
Contract-based		474		(426	)		48		574		(506	)		68


Total	$	17,205	$	(10,350	)	$	6,855	$	17,139	$	(9,389	)	$	7,750

Intangible assets amortization expense was $356 million and $1.2 billion for the three and nine months ended March 31, 2020, respectively, and $431 million and $1.5 billion for the three and nine months ended March 31, 2019, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held as of March 31, 2020:

(In millions)


Year Ending June 30,

2020 (excluding the nine months ended March 31, 2020)	$	354
2021		1,369
2022		1,278
2023		1,099
2024		758
Thereafter		1,997


Total	$	6,855