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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Sep. 30, 2019
Current assets:    
Cash and equivalents $ 532 $ 619
Accounts receivable, net of allowances of $21 million and $17 million 732 775
Inventories 59 74
Royalty advances expected to be recouped within one year 188 170
Prepaid and other current assets 71 53
Total current assets 1,582 1,691
Royalty advances expected to be recouped after one year 230 208
Property, plant and equipment, net 310 300
Operating lease right-of-use assets, net 278  
Goodwill 1,770 1,761
Intangible assets subject to amortization, net 1,624 1,723
Intangible assets not subject to amortization 152 151
Deferred tax assets, net 57 38
Other assets 145 145
Total assets 6,148 6,017
Current liabilities:    
Accounts payable 205 260
Accrued royalties 1,630 1,567
Accrued liabilities 346 492
Accrued interest 22 34
Operating lease liabilities, current 40  
Deferred revenue 182 180
Other current liabilities 100 286
Total current liabilities 2,525 2,819
Long-term debt 3,000 2,974
Operating lease liabilities, noncurrent 306 0
Deferred tax liabilities, net 157 172
Other noncurrent liabilities 181 321
Total liabilities 6,169 6,286
Deficit:    
Additional paid-in capital 1,899 1,127
Accumulated deficit (1,685) (1,177)
Accumulated other comprehensive loss, net (253) (240)
Total Warner Music Group Corp. deficit (38) (289)
Noncontrolling interest 17 20
Total deficit (21) (269)
Total liabilities and deficit 6,148 6,017
Class A Common Stock    
Deficit:    
Common stock 0 0
Class B Common Stock    
Deficit:    
Common stock $ 1 $ 1