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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Sep. 30, 2020
Current assets:    
Cash and equivalents $ 442 $ 553
Accounts receivable, net of allowances of $19 million and $23 million 834 771
Inventories 79 79
Royalty advances expected to be recouped within one year 315 220
Prepaid and other current assets 64 55
Total current assets 1,734 1,678
Royalty advances expected to be recouped after one year 385 269
Property, plant and equipment, net 347 331
Operating lease right-of-use assets, net 273 273
Goodwill 1,836 1,831
Intangible assets subject to amortization, net 2,061 1,653
Intangible assets not subject to amortization 156 154
Deferred tax assets, net 35 68
Other assets 213 153
Total assets 7,040 6,410
Current liabilities:    
Accounts payable 226 264
Accrued royalties 1,841 1,628
Accrued liabilities 385 382
Accrued interest 31 30
Operating lease liabilities, current 43 39
Deferred revenue 275 297
Other current liabilities 101 80
Total current liabilities 2,902 2,720
Long-term debt 3,367 3,104
Operating lease liabilities, noncurrent 293 299
Deferred tax liabilities, net 211 163
Other noncurrent liabilities 172 169
Total liabilities 6,945 6,455
Equity (deficit):    
Additional paid-in capital 1,934 1,907
Accumulated deficit (1,660) (1,749)
Accumulated other comprehensive loss, net (194) (222)
Total Warner Music Group Corp. equity (deficit) 81 (63)
Noncontrolling interest 14 18
Total equity (deficit) 95 (45)
Total liabilities and equity (deficit) 7,040 6,410
Class A Common Stock    
Equity (deficit):    
Common stock 0 0
Class B Common Stock    
Equity (deficit):    
Common stock $ 1 $ 1