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Revenue Recognition (Tables)

6 Months Ended

Mar. 31, 2021

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenue

The Company’s revenue consists of the following categories, which aggregate into the segments – Recorded Music and Music Publishing:

			Three Months Ended March 31,												Six Months Ended March 31,
			2021						2020						2021						2020
			(in millions)
Revenue by Type
Digital			$	756					$	626					$	1,483					$	1,259
Physical			118						94						292						278
Total Digital and Physical			874						720						1,775						1,537
Artist services and expanded-rights			118						115						298						303
Licensing			67						72						147						151
Total Recorded Music			1,059						907						2,220						1,991
Performance			35						41						65						87
Digital			104						74						203						147
Mechanical			12						15						23						30
Synchronization			38						34						71						70
Other			3						2						5						5
Total Music Publishing			192						166						367						339
Intersegment eliminations			(1)						(2)						(2)						(3)
Total Revenues			$	1,250					$	1,071					$	2,585					$	2,327
Revenue by Geographical Location
U.S. Recorded Music			$	469					$	380					$	950					$	833
U.S. Music Publishing			96						87						187						168
Total U.S.			565						467						1,137						1,001
International Recorded Music			590						527						1,270						1,158
International Music Publishing			96						79						180						171
Total International			686						606						1,450						1,329
Intersegment eliminations			(1)						(2)						(2)						(3)
Total Revenues			$	1,250					$	1,071					$	2,585					$	2,327

Summary of Revenues Expected to be Recognized in Future Related to Performance Obligations

Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at March 31, 2021 are as follows:

			Rest of FY21						FY22						FY23						Thereafter						Total
			(in millions)
Remaining performance obligations			$	479					$	96					$	2					$	—					$	577
Total			$	479					$	96					$	2					$	—					$	577

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045

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- References

No definition available.

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X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045

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