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63
NOTE 11 — 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
Y
ear Ended June 30, 2014 2013
Technology-based (a) $ 6,440 $ (2,615) $ 3,825 $ 3,760 $ (2,110) $ 1,650
Marketing-related 1,518 (324) 1,194 1,348 (211) 1,137
Contract-based 2,266 (716) 1,550 823 (688) 135
Customer-related 732 (320) 412
380 (219) 161
Total $ 10,956 $ (3,975) $ 6,981 $ 6,311 $ (3,228) $ 3,083
(a) Technology-based intangible assets included $98 million and $218 million as of June 30, 2014 and 2013,
respectively, of net carrying amount of software to be sold, leased, or otherwise marketed.
We estimate that we have no significant residual value related to our intangible assets. No material impairments of
intangible assets were identified during any of the periods presented.
The components of intangible assets acquired during the periods presented were as follows:
(In millions) Amount
Weighted
Average Life Amount
Weighted
Average Life
Y
ear Ended June 30, 2014 2013
Technology-based $ 2,841 9 years $ 539 4 years
Marketing-related 174 2 years 39 7 years
Contract-based 1,500 9 years 0 *
Customer-related 363 3 years 89 6 years
Total $ 4,878 8 years $ 667 5 years
* Not applicable
The table above includes $4.5 billion related to the acquisition of NDS during fiscal year 2014. See Note 9 – Business
Combination for additional details.
Intangible assets amortization expense was $845 million, $739 million, and $558 million for fiscal years 2014, 2013, and
2012, respectively. Amortization of capitalized software was $200 million, $210 million, and $117 million for fiscal years
2014, 2013, and 2012, respectively.
The following table outlines the estimated future amortization expense related to intangible assets held at June 30, 2014:
(In millions)
Y
ear Ending June 30,
2015 $ 1,237
2016 1,075
2017 804
2018 661
2019 637
Thereafter 2,567
Total $ 6,981