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
 


March 31,

2012

  

  

   

 

June 30,

2011

  

  

Technology-based(a)

   $ 3,011      $ (2,058   $ 953      $ 2,356      $ (1,831   $ 525   

Marketing-related

     1,331        (119     1,212        113        (98     15   

Contract-based

     1,421        (1,002     419        1,068        (966     102   

Customer-related

     425        (253     172        326        (224     102   


 


 


 


 


 


Total

   $   6,188      $   (3,432   $   2,756      $   3,863      $   (3,119   $   744   
    


 


 


 


 


 


 

(a)

Technology-based intangible assets included $137 million and $179 million as of March 31, 2012 and June 30, 2011, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.

Intangible assets amortization expense was $142 million and $406 million for the three and nine months ended March 31, 2012, respectively, as compared with $162 million and $412 million for the three and nine months ended March 31, 2011, respectively. Amortization of capitalized software was $28 million and $85 million for the three and nine months ended March 31, 2012, respectively, and $30 million and $86 million for the three and nine months ended March 31, 2011, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held at March 31, 2012:

 

(In millions)       


Year Ending June 30,       

2012 (excluding the nine months ended March 31, 2012)

   $ 148   

2013

     528   

2014

     362   

2015

     299   

2016

     254   

Thereafter

     1,165   


Total

   $   2,756