XML 37 R27.htm IDEA: XBRL DOCUMENT v3.22.1
Earnings per Share (Tables)
 6 Months Ended
Mar. 31, 2022
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, 2022 and 2021 (in millions, except share and per share data):
Three Months Ended March 31,
20222021
Class AClass BClass AClass B
Basic and Diluted EPS:
Numerator
Net income attributable to Warner Music Group Corp.$25 $67 $27 $90 
Less: Net income attributable to participating securities(1)— (1)— 
Net income attributable to common stockholders$24 $67 $26 $90 
Denominator
Weighted average shares outstanding136,349,147 378,431,527 113,623,893 400,705,856 
Basic and Diluted EPS$0.18 $0.18 $0.23 $0.22 
Six Months Ended March 31,
20222021
Class AClass BClass AClass B
Basic and Diluted EPS:
Numerator
Net income attributable to Warner Music Group Corp.$73 $206 $46 $169 
Less: Net income attributable to participating securities(4)— (3)— 
Net income attributable to common stockholders$69 $206 $43 $169 
Denominator
Weighted average shares outstanding130,159,145 384,441,906 103,922,919 408,669,332 
Basic and Diluted EPS$0.53 $0.53 $0.41 $0.41