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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Sep. 30, 2019
Current assets:    
Cash and equivalents $ 553 $ 619
Accounts receivable, net of allowances of $23 million and $17 million 771 775
Inventories 79 74
Royalty advances expected to be recouped within one year 220 170
Prepaid and other current assets 55 53
Total current assets 1,678 1,691
Royalty advances expected to be recouped after one year 269 208
Property, plant and equipment, net 331 300
Operating lease right-of-use assets, net 273 0
Goodwill 1,831 1,761
Intangible assets subject to amortization, net 1,653 1,723
Intangible assets not subject to amortization 154 151
Deferred tax assets, net 68 38
Other assets 153 145
Total assets 6,410 6,017
Current liabilities:    
Accounts payable 264 260
Accrued royalties 1,628 1,567
Accrued liabilities 382 492
Accrued interest 30 34
Operating lease liabilities, current 39 0
Deferred revenue 297 180
Other current liabilities 80 286
Total current liabilities 2,720 2,819
Long-term debt 3,104 2,974
Operating lease liabilities, noncurrent 299 0
Deferred tax liabilities, net 163 172
Other noncurrent liabilities 169 321
Total liabilities 6,455 6,286
Deficit:    
Additional paid-in capital 1,907 1,127
Accumulated deficit (1,749) (1,177)
Accumulated other comprehensive loss, net (222) (240)
Total Warner Music Group Corp. deficit (63) (289)
Noncontrolling interest 18 20
Total deficit (45) (269)
Total liabilities and deficit 6,410 6,017
Common Class A    
Deficit:    
Common stock, value, issued 0 0
Common Class B    
Deficit:    
Common stock, value, issued $ 1 $ 1