Intangible assets, net


Notes to Financial Statements

NOTE 10 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


September 30,

2012


June 30,

2012


Technology-based (a)

$ 3,868 $ (2,021 ) $ 1,847 $ 3,550 $ (1,899 ) $ 1,651

Marketing-related

1,360 (159 ) 1,201 1,325 (136 ) 1,189

Contract-based

824 (657 ) 167 824 (644 ) 180

Customer-related

484 (276 ) 208 408 (258 ) 150

















Total

$ 6,536 $ (3,113 ) $ 3,423 $ 6,107 $ (2,937 ) $ 3,170


















(a)

Technology-based intangible assets included $350 million and $177 million as of September 30, 2012 and June 30, 2012, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.

Intangible assets amortization expense was $178 million and $109 million for the three months ended September 30, 2012 and 2011, respectively. Amortization of capitalized software was $40 million and $29 million for the three months ended September 30, 2012 and 2011, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held at September 30, 2012:

(In millions)


Year Ending June 30,

2013 (excluding the three months ended September 30, 2012)

$ 519

2014

553

2015

469

2016

361

2017

257

Thereafter

1,264


Total

$ 3,423