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Goodwill and Intangible Assets (Tables)

6 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill for Each Reportable Segment

The following analysis details the changes in goodwill for each reportable segment:

			Recorded Music						Music Publishing						Total
			(in millions)
Balances at September 30, 2020			$	1,367					$	464					$	1,831
Acquisitions			5						—						5
Other adjustments (a)			6						—						6
Balances at March 31, 2021			$	1,378					$	464					$	1,842

______________________________________

(a)Other adjustments during the six months ended March 31, 2021 represent foreign currency movements.

Schedule of Indefinite Intangible Assets

Intangible assets consist of the following:

			Weighted-Average Useful Life						March 31, 2021						September 30, 2020
									(in millions)
Intangible assets subject to amortization:
Recorded music catalog			11 years						$	1,026					$	876
Music publishing copyrights			26 years						1,707						1,597
Artist and songwriter contracts			13 years						990						862
Trademarks			15 years						94						81
Other intangible assets			6 years						100						84
Total gross intangible asset subject to amortization									3,917						3,500
Accumulated amortization									(1,990)						(1,847)
Total net intangible assets subject to amortization									1,927						1,653
Intangible assets not subject to amortization:
Trademarks and tradenames			Indefinite						154						154
Total net intangible assets									$	2,081					$	1,807

Schedule of Finite-Lived Intangible Assets

Intangible assets consist of the following:

			Weighted-Average Useful Life						March 31, 2021						September 30, 2020
									(in millions)
Intangible assets subject to amortization:
Recorded music catalog			11 years						$	1,026					$	876
Music publishing copyrights			26 years						1,707						1,597
Artist and songwriter contracts			13 years						990						862
Trademarks			15 years						94						81
Other intangible assets			6 years						100						84
Total gross intangible asset subject to amortization									3,917						3,500
Accumulated amortization									(1,990)						(1,847)
Total net intangible assets subject to amortization									1,927						1,653
Intangible assets not subject to amortization:
Trademarks and tradenames			Indefinite						154						154
Total net intangible assets									$	2,081					$	1,807

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment.

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-SubTopic 30
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