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Financial Statements and Supplementary Data

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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 |

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