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ACQUIRED INTANGIBLE ASSETS
 12 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
 
As of June 30, 2020
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
1,084,144

 
$
(502,376
)
 
$
581,768

Customer assets
1,434,832

 
(404,036
)
 
1,030,796

Total
$
2,518,976

 
$
(906,412
)
 
$
1,612,564

 
 
 
 
 
 
 
As of June 30, 2019
 
Cost
 
Accumulated Amortization
 
Net
Technology assets
$
835,498

 
$
(349,259
)
 
$
486,239

Customer assets
1,397,937

 
(737,672
)
 
660,265

Total
$
2,233,435

 
$
(1,086,931
)
 
$
1,146,504


Where applicable, the above balances as of June 30, 2020 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the year ended June 30, 2020. The impact of this resulted in a reduction of $52.6 million to technology assets and $553.2 million to customer assets.
The weighted average amortization periods for acquired technology and customer intangible assets are approximately five years and seven years, respectively.
The following table shows the estimated future amortization expense for the fiscal years indicated. This calculation assumes no future adjustments to acquired intangible assets:
Fiscal years ending June 30,
 
2021
$
432,514

2022
396,799

2023
314,979

2024
234,580

2025
122,320

2026 and beyond
111,372

Total
$
1,612,564