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,

2011

   

June 30,

2011

 

Contract-based

   $   1,168      $ (978   $ 190      $ 1,068      $ (966   $ 102   

Technology-based (a)

     2,640          (1,908     732        2,356        (1,831     525   

Marketing-related

     112        (99     13        113        (98     15   

Customer-related

     326        (235     91        326        (224     102   


 


 


 


 


 


Total

   $ 4,246      $ (3,220   $   1,026      $   3,863      $   (3,119   $   744   
    


 


 


 


 


 


 

(a)

Technology-based intangible assets included $150 million and $179 million as of September 30, 2011 and June 30, 2011, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.

Intangible assets amortization expense was $109 million and $124 million for the three months ended September 30, 2011 and 2010, respectively. Amortization of capitalized software was $29 million and $26 million for the three months ended September 30, 2011 and 2010, respectively.

 

The following table outlines the estimated future amortization expense related to intangible assets held at September 30, 2011:

 

(In millions)       


Year Ending June 30,       

2012 (excluding the three months ended September 30, 2011)

   $ 330   

2013

     309   

2014

     134   

2015

     82   

2016

     51   

Thereafter

     120   


Total

   $   1,026