XML 41 R27.htm IDEA: XBRL DOCUMENT v3.21.1

Earnings per Share (Tables)

6 Months Ended

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

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration