INTANGIBLE ASSETS

6 Months Ended

Dec. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

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


	December 31, 2021							June 30, 2021

Technology-based	$	9,988	$	(7,121	)	$	2,867	$	9,779	$	(7,007	)	$	2,772
Customer-related		5,005		(3,180	)		1,825		4,958		(2,859	)		2,099
Marketing-related		4,802		(2,043	)		2,759		4,792		(1,878	)		2,914
Contract-based		343		(332	)		11		446		(431	)		15


Total	$	20,138	$	(12,676	)	$	7,462	$	19,975	$	(12,175	)	$	7,800

Intangible assets amortization expense was $446 million and $885 million for the three and six months ended December 31, 2021, respectively, and $378 million and $761 million for the three and six months ended December 31, 2020, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held as of December 31, 2021:

(In millions)


Year Ending June 30,

2022 (excluding the six months ended December 31, 2021)	$	895
2023		1,824
2024		1,515
2025		898
2026		554
Thereafter		1,776


Total	$	7,462