Item 8

  

The components of intangible assets acquired during the periods presented were as follows:

> **(In millions)**
>
> Amount / Amount / Weighted   Average Life / Weighted   Average Life / Amount / Amount / Weighted   Average Life / Weighted   Average Life
>
> Year Ended June 30, ..................... 2025 / 2025 / 2024 / 2024
> Marketing-related ....................... $ / 13 / 10   years / $ / 11,619 / 24   years
> Technology-based ........................ 912 / 9   years / 10,947 / 4   years
> Customer-related ........................ 0 / 0   years / 660 / 4   years
> Contract-based .......................... 171 / 5   years / 38 / 4   years
> Total ................................... $ / 1,096 / 9   years / $ / 23,264 / 14   years

Intangible assets amortization expense was $ 6.0  billion, $ 4.8  billion, and $ 2.5  billion for fiscal years 2025, 2024, and 2023, respectively.

  

The following table outlines the estimated future amortization expense related to intangible assets held as of June 30, 2025:

| --- | --- | --- |
| (In millions) |  |  |
| Year Ending June 30, |  |  |
| 2026 | $ | 4,594 |
| 2027 |  | 2,901 |
| 2028 |  | 2,034 |
| 2029 |  | 1,851 |
| 2030 |  | 1,382 |
| Thereafter |  | 9,842 |
| Total | $ | 22,604 |

  

  

72

---

  

PART II