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ACQUIRED INTANGIBLE ASSETS
12 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS ACQUIRED INTANGIBLE ASSETS
As of June 30, 2022
CostAccumulated AmortizationNet
Technology assets$999,032 $(738,710)$260,322 
Customer assets1,595,219 (780,333)814,886 
Total$2,594,251 $(1,519,043)$1,075,208 
As of June 30, 2021
CostAccumulated AmortizationNet
Technology assets$1,003,730 $(635,965)$367,765 
Customer assets1,386,533 (567,038)819,495 
Total$2,390,263 $(1,203,003)$1,187,260 
Where applicable, the above balances as of June 30, 2022 have been reduced to reflect the impact of intangible assets where the gross cost has become fully amortized during the year ended June 30, 2022. The impact of this resulted in a reduction of $91 million to technology assets cost and accumulated amortization.
The weighted average amortization periods for acquired technology and customer intangible assets are approximately six years and eight 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,
2023$347,172 
2024267,276 
2025156,410 
2026113,164 
202743,271 
2028 and Thereafter147,915 
Total$1,075,208