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Earnings per Share (Tables) | 6 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share | The following table sets forth the calculation of basic and diluted net income per common share under the two-class method for the three and six months ended March 31, 2021 and 2020 (in millions, except share and per share data):
| Three Months Ended March 31, |  |
| 2021 |  | 2020 |  |  |  |
| Class A |  | Class B |  | Class A |  | Class B |  |  |  |  |  |  |  |
Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Warner Music Group Corp. | $ | 27 |  |  | $ | 90 |  |  | $ | — |  |  | $ | (74) |  |  |  |  |  |  |  |  |
Less: Net income attributable to participating securities | (1) |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ | 26 |  |  | $ | 90 |  |  | $ | — |  |  | $ | (74) |  |  |  |  |  |  |  |  |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding | 113,623,893 |  |  | 400,705,856 |  |  | 0 |  |  | 501,991,944 |  |  |  |  |  |  |  |  |
Basic and Diluted EPS | $ | 0.23 |  |  | $ | 0.22 |  |  | $ | — |  |  | $ | (0.15) |  |  |  |  |  |  |  |  |
| Six Months Ended March 31, |  |  |  |  |  |  |  |
| 2021 |  | 2020 |  |  |  |  |  |  |  |
| Class A |  | Class B |  | Class A |  | Class B |  |  |  |  |  |  |  |
Basic and Diluted EPS: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Numerator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Warner Music Group Corp. | $ | 46 |  |  | $ | 169 |  |  | $ | — |  |  | $ | 46 |  |  |  |  |  |  |  |  |
Less: Net income attributable to participating securities | (3) |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  |  |  |
Net income attributable to common stockholders | $ | 43 |  |  | $ | 169 |  |  | $ | — |  |  | $ | 46 |  |  |  |  |  |  |  |  |
Denominator |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding | 103,922,919 |  |  | 408,669,332 |  |  | 0 |  |  | 501,991,944 |  |  |  |  |  |  |  |  |
Basic and Diluted EPS | $ | 0.41 |  |  | $ | 0.41 |  |  | $ | — |  |  | $ | 0.09 |  |  |  |  |  |  |  |  |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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