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ACQUIRED INTANGIBLE ASSETS (Tables)
6 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Calculation of Acquired Intangibles by Asset Class
As of December 31, 2023
Cost (1)
Accumulated Amortization (1)
Net (1)
Technology assets
$1,157,195 $(257,880)$899,315 
Customer assets
3,085,048 (1,211,143)1,873,905 
Total$4,242,243 $(1,469,023)$2,773,220 
As of June 30, 2023
CostAccumulated AmortizationNet
Technology assets$1,815,260 $(385,868)$1,429,392 
Customer assets3,691,252 (1,039,765)2,651,487 
Total$5,506,512 $(1,425,633)$4,080,879 
______________________
(1)Excludes technology and customer intangible net assets with cost of $432.1 million and $610.2 million respectively, accumulated amortization of $48.7 million and $62.9 million respectively, and net book value of $383.4 million and $547.3 million, respectively, that have been reclassified to Assets held for sale related to the proposed divestiture of our AMC business. See Note 19 “Acquisitions and Divestitures.”
Schedule of Calculation of Estimated Future Amortization Expense
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,
2024 (six months ended)
$295,133 
2025509,083 
2026466,116 
2027395,693 
2028378,026 
2029 and Thereafter
729,169 
Total$2,773,220