United States Securities and Exchange Commission Washington, D. C. 20549 form 10-K

None of the amounts recorded as goodwill are expected to be deductible for tax purposes. The purchase price allocations for all of the acquisitions are preliminary for up to 12 months after the acquisition date and are subject to revision as more detailed analyses are completed and additional information about fair value of the assets and liabilities become available. Any change in the fair value of the net assets of the acquired company within this timeframe will change the amount of the purchase price allocable to goodwill. Changes in goodwill amounts resulting from foreign currency translations are included in “purchase accounting adjustments and other” in the above table.

We test goodwill for impairment annually at the reporting unit level using a fair value approach, in accordance with the provisions of SFAS No. 142, Goodwill and Other Intangible Assets. During the second quarter of fiscal year 2009, we changed the date of our annual impairment test from July 1 to May 1. The change was made to more closely align the impairment testing date with our long-range planning and forecasting process. We believe the change in our annual impairment testing date did not delay, accelerate, or avoid an impairment charge. We have determined that this change in accounting principle is preferable under the circumstances and does not result in adjustments to our financial statements when applied retrospectively. During fiscal year 2009, the annual impairment test was performed as of July 1, 2008 and was performed again as of May 1, 2009.

NOTE 11    INTANGIBLE ASSETS

The components of intangible assets, all of which are finite-lived, were as follows:

(In millions)
June 30,		2009												2008
		Gross Carrying Amount			Accumulated Amortization					Net Carrying Amount				Gross Carrying Amount			Accumulated Amortization					Net Carrying Amount
Contract-based		$	1,087		$		(855	)		$		232		$	1,074		$		(796	)		$		278
Technology-based			2,033				(1,090	)				943			1,677				(672	)				1,005
Marketing-related			188				(97	)				91			171				(65	)				106
Customer-related			732				(239	)				493			708				(124	)				584
Total		$	4,040		$		(2,281	)		$		1,759		$	3,630		$		(1,657	)		$		1,973

During fiscal year 2009 and 2008, we recorded additions to intangible assets of $354 million and $1.6 billion, respectively. We estimate that we have no significant residual value related to our intangible assets.

The components of intangible assets acquired during fiscal years 2009 and 2008 were as follows:

 

(In millions)
Year Ended June 30,		2009							2008
		Amount				Weighted Average Life			Amount			Weighted Average Life
Contract-based			$	26		4 years		$		91		6 years
Technology-based				293		4 years				787		4 years
Marketing-related				7		5 years				116		5 years
Customer-related				28		2 years				589		6 years
Total			$	354				$		1,583

Acquired intangibles generally are amortized on a straight-line basis over their weighted average lives. Intangible assets amortization expense was $591 million for fiscal year 2009, $472 million for fiscal year 2008, and $236 million for fiscal year 2007. The following table outlines the estimated future amortization expense related to intangible assets as of June 30, 2009:

 

(In millions)
Year Ended June 30,			Amount
2010		$			562
2011					511
2012					455
2013					191
2014 and thereafter					40
Total		$			1,759