XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.22.2

Revenue Recognition (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2022
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 June 30, |  | Nine Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (in millions)
Revenue by Type |  |  |  |  |  |  |
Digital | $ | 801 |  |  | $ | 815 |  |  | $ | 2,475 |  |  | $ | 2,298 |
Physical | 123 |  |  | 130 |  |  | 440 |  |  | 422 |
Total Digital and Physical | 924 |  |  | 945 |  |  | 2,915 |  |  | 2,720 |
Artist services and expanded-rights | 190 |  |  | 133 |  |  | 563 |  |  | 431 |
Licensing | 75 |  |  | 74 |  |  | 244 |  |  | 221 |
Total Recorded Music | 1,189 |  |  | 1,152 |  |  | 3,722 |  |  | 3,372 |
Performance | 45 |  |  | 27 |  |  | 119 |  |  | 92 |
Digital | 144 |  |  | 113 |  |  | 404 |  |  | 316 |
Mechanical | 10 |  |  | 13 |  |  | 37 |  |  | 36 |
Synchronization | 41 |  |  | 34 |  |  | 133 |  |  | 105 |
Other | 5 |  |  | 2 |  |  | 11 |  |  | 7 |
Total Music Publishing | 245 |  |  | 189 |  |  | 704 |  |  | 556 |
Intersegment eliminations | (2) |  |  | (1) |  |  | (4) |  |  | (3) |
Total Revenues | $ | 1,432 |  |  | $ | 1,340 |  |  | $ | 4,422 |  |  | $ | 3,925 |
Revenue by Geographical Location |  |  |  |  |  |  |
U.S. Recorded Music | $ | 515 |  |  | $ | 504 |  |  | $ | 1,641 |  |  | $ | 1,454 |
U.S. Music Publishing | 137 |  |  | 90 |  |  | 369 |  |  | 277 |
Total U.S. | 652 |  |  | 594 |  |  | 2,010 |  |  | 1,731 |
International Recorded Music | 674 |  |  | 648 |  |  | 2,081 |  |  | 1,918 |
International Music Publishing | 108 |  |  | 99 |  |  | 335 |  |  | 279 |
Total International | 782 |  |  | 747 |  |  | 2,416 |  |  | 2,197 |
Intersegment eliminations | (2) |  |  | (1) |  |  | (4) |  |  | (3) |
Total Revenues | $ | 1,432 |  |  | $ | 1,340 |  |  | $ | 4,422 |  |  | $ | 3,925 |
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 June 30, 2022 are as follows:
| Rest of FY22 |  | FY23 |  | FY24 |  | Thereafter |  | Total
| (in millions)
Remaining performance obligations | $ | 144 |  |  | $ | 429 |  |  | $ | 156 |  |  | $ | 3 |  |  | $ | 732 |
Total | $ | 144 |  |  | $ | 429 |  |  | $ | 156 |  |  | $ | 3 |  |  | $ | 732 |

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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration