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