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,

2013

  

  

   

 

June 30,

2012

  

  

Technology-based (a)

   $ 4,052      $ (2,294   $ 1,758      $ 3,550      $ (1,899   $ 1,651   

Marketing-related

     1,363        (203     1,160        1,325        (136     1,189   

Contract-based

     823        (683     140        824        (644     180   

Customer-related

     497        (315     182        408        (258     150   


 


 


 


 


 


Total

   $   6,735      $   (3,495   $   3,240      $   6,107      $   (2,937   $   3,170   
    


 


 


 


 


 


 

(a)

Technology-based intangible assets included $265 million and $177 million as of March 31, 2013 and June 30, 2012, respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.

Intangible assets amortization expense was $187 million and $563 million for the three and nine months ended March 31, 2013, respectively, as compared with $142 million and $406 million for the three and nine months ended March 31, 2012, respectively. Amortization of capitalized software was $52 million and $153 million for the three and nine months ended March 31, 2013, respectively, and $28 million and $85 million for the three and nine months ended March 31, 2012, respectively.

The following table outlines the estimated future amortization expense related to intangible assets held at March 31, 2013:

 

(In millions)       


Year Ending June 30,       

2013 (excluding the nine months ended March 31, 2013)

   $ 170   

2014

     613   

2015

     473   

2016

     389   

2017

     277   

Thereafter

     1,318   


Total

   $   3,240