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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2021
Sep. 30, 2020
Current assets:    
Cash and equivalents $ 499 $ 553
Accounts receivable, net of allowances of $20 million and $23 million 839 771
Inventories 99 79
Royalty advances expected to be recouped within one year 373 220
Prepaid and other current assets 86 55
Total current assets 1,896 1,678
Royalty advances expected to be recouped after one year 457 269
Property, plant and equipment, net 364 331
Operating lease right-of-use assets, net 268 273
Goodwill 1,830 1,831
Intangible assets subject to amortization, net 2,017 1,653
Intangible assets not subject to amortization 154 154
Deferred tax assets, net 31 68
Other assets 194 153
Total assets 7,211 6,410
Current liabilities:    
Accounts payable 302 264
Accrued royalties 1,880 1,628
Accrued liabilities 461 382
Accrued interest 14 30
Operating lease liabilities, current 43 39
Deferred revenue 348 297
Other current liabilities 102 80
Total current liabilities 3,150 2,720
Long-term debt 3,346 3,104
Operating lease liabilities, noncurrent 287 299
Deferred tax liabilities, net 207 163
Other noncurrent liabilities 175 169
Total liabilities 7,165 6,455
Equity (deficit):    
Additional paid-in capital 1,942 1,907
Accumulated deficit (1,710) (1,749)
Accumulated other comprehensive loss, net (202) (222)
Total Warner Music Group Corp. equity (deficit) 31 (63)
Noncontrolling interest 15 18
Total equity (deficit) 46 (45)
Total liabilities and equity (deficit) 7,211 6,410
Common Class A    
Equity (deficit):    
Common stock, value, issued 0 0
Common Class B    
Equity (deficit):    
Common stock, value, issued $ 1 $ 1