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Goodwill and Intangible Assets (Tables)
9 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Goodwill for Each Reportable Segment
The following analysis details the changes in goodwill for each reportable segment:
Recorded
Music
Music
Publishing
Total
(in millions)
Balances at September 30, 2021$1,366 $464 $1,830 
Acquisitions (a)145 — 145 
Other adjustments (b)(43)— (43)
Balances at June 30, 2022$1,468 $464 $1,932 
______________________________________
(a)Primarily relates to the acquisition of 300 Entertainment as described in Note 5.
(b)Other adjustments during the nine months ended June 30, 2022 represent foreign currency movements.
Schedule of Indefinite Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeJune 30,
2022
September 30,
2021
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,342 $1,206 
Music publishing copyrights25 years1,946 1,730 
Artist and songwriter contracts13 years1,046 997 
Trademarks14 years106 96 
Other intangible assets6 years92 96 
Total gross intangible asset subject to amortization4,532 4,125 
Accumulated amortization(2,187)(2,108)
Total net intangible assets subject to amortization2,345 2,017 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite149 154 
Total net intangible assets$2,494 $2,171 
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeJune 30,
2022
September 30,
2021
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,342 $1,206 
Music publishing copyrights25 years1,946 1,730 
Artist and songwriter contracts13 years1,046 997 
Trademarks14 years106 96 
Other intangible assets6 years92 96 
Total gross intangible asset subject to amortization4,532 4,125 
Accumulated amortization(2,187)(2,108)
Total net intangible assets subject to amortization2,345 2,017 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite149 154 
Total net intangible assets$2,494 $2,171