Intangible assets, net


Notes to Financial Statements

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

 


      

 

September 30,

2013

  

  

   

 

June 30,

2013

  

  

Technology-based (a)

   $ 3,749      $ (2,160   $ 1,589      $ 3,760      $ (2,110   $ 1,650   

Marketing-related

     1,347        (232     1,115        1,348        (211     1,137   

Contract-based

     812        (683     129        823        (688     135   

Customer-related

     373        (224     149        380        (219     161   


 


 


 


 


 


Total

   $   6,281      $   (3,299   $   2,982      $   6,311      $   (3,228   $   3,083   
    


 


 


 


 


 


 

(a)

Technology-based intangible assets included $208 million and $218 million as of September 30, 2013 and June 30, 2013, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.

Intangible assets amortization expense was $162 million and $178 million for the three months ended September 30, 2013 and 2012, respectively. Amortization of capitalized software was $46 million and $40 million for the three months ended September 30, 2013 and 2012, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held at September 30, 2013:

 

(In millions)       


Year Ending June 30,       

2014 (excluding the three months ended September 30, 2013)

   $ 493   

2015

     479   

2016

     390   

2017

     287   

2018

     246   

Thereafter

     1,087   


Total

   $   2,982