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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2022
Sep. 30, 2021
Current assets:    
Cash and equivalents $ 385 $ 499
Accounts receivable, net of allowances of $22 million and $20 million 914 839
Inventories 94 99
Royalty advances expected to be recouped within one year 437 373
Prepaid and other current assets 82 86
Total current assets 1,912 1,896
Royalty advances expected to be recouped after one year 534 457
Property, plant and equipment, net of accumulated depreciation of $452 million and $419 million 386 364
Operating lease right-of-use assets, net 253 268
Goodwill 1,922 1,830
Intangible assets subject to amortization, net 2,411 2,017
Intangible assets not subject to amortization 152 154
Deferred tax assets, net 22 31
Other assets 189 194
Total assets 7,781 7,211
Current liabilities:    
Accounts payable 320 302
Accrued royalties 1,908 1,880
Accrued liabilities 371 461
Accrued interest 18 14
Operating lease liabilities, current 40 43
Deferred revenue 239 348
Other current liabilities 235 102
Total current liabilities 3,131 3,150
Long-term debt 3,829 3,346
Operating lease liabilities, noncurrent 269 287
Deferred tax liabilities, net 236 207
Other noncurrent liabilities 143 175
Total liabilities 7,608 7,165
Equity:    
Additional paid-in capital 1,971 1,942
Accumulated deficit (1,587) (1,710)
Accumulated other comprehensive loss, net (231) (202)
Total Warner Music Group Corp. equity 154 31
Noncontrolling interest 19 15
Total equity 173 46
Total liabilities and equity 7,781 7,211
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1