XML 19 R9.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Equity (Unaudited) - USD ($)
$ in Millions
Total
Class A Common Stock
Class B Common Stock
Total Warner Music Group Corp. Equity
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Non-controlling Interest
Beginning balance (in shares) at Sep. 30, 2020         88,578,361 421,450,000        
Beginning balance at Sep. 30, 2020 $ (45)     $ (63) $ 0 $ 1 $ 1,907 $ (1,749) $ (222) $ 18
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 277     276       276   1
Other comprehensive income (loss), net of tax 28     28         28  
Dividends (187)     (187)       (187)    
Stock-based compensation expense 27     27     27      
Distribution to noncontrolling interest holders (6)                 (6)
Exchange of Class B shares for Class A shares (in shares)         19,234,103 19,234,106        
Shares issued under the Plan (in shares)         4,321,259          
Conversion of Class B shares for Class A shares (in shares)         4,754,626 4,754,626        
Shares issued under Omnibus Incentive Plan (in shares)         33,205          
Other 1                 1
Ending balance (in shares) at Jun. 30, 2021         116,921,554 397,461,268        
Ending balance at Jun. 30, 2021 95     81 $ 0 $ 1 1,934 (1,660) (194) 14
Beginning balance (in shares) at Mar. 31, 2021         116,921,411 397,461,268        
Beginning balance at Mar. 31, 2021 73     57 $ 0 $ 1 1,924 (1,659) (209) 16
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 61     61       61    
Other comprehensive income (loss), net of tax 15     15         15  
Dividends (62)     (62)       (62)    
Stock-based compensation expense 10     10     10      
Distribution to noncontrolling interest holders (3)                 (3)
Shares issued under Omnibus Incentive Plan (in shares)         143          
Other 1                 1
Ending balance (in shares) at Jun. 30, 2021         116,921,554 397,461,268        
Ending balance at Jun. 30, 2021 95     81 $ 0 $ 1 1,934 (1,660) (194) 14
Beginning balance (in shares) at Sep. 30, 2021   122,414,827 391,970,996   122,414,827 391,970,996        
Beginning balance at Sep. 30, 2021 46     31 $ 0 $ 1 1,942 (1,710) (202) 15
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 405     403       403   2
Other comprehensive income (loss), net of tax (76)     (76)         (76)  
Dividends (235)     (235)       (235)    
Stock-based compensation expense 39     39     39      
Distribution to noncontrolling interest holders (5)                 (5)
Vesting of restricted stock units, net of shares withheld for employee taxes (in shares)         276,565          
Vesting of restricted stock units, net of shares withheld for employee taxes (6)     (6)     (6)      
Exchange of Class B shares for Class A shares (in shares)     510,165              
Conversion of Class B shares for Class A shares (in shares)     13,810,382   14,320,547 14,320,547        
Shares issued under Omnibus Incentive Plan (in shares)         186,925          
Other 4                 4
Ending balance (in shares) at Jun. 30, 2022   137,198,864 377,650,449   137,198,864 377,650,449        
Ending balance at Jun. 30, 2022 172     156 $ 0 $ 1 1,975 (1,542) (278) 16
Beginning balance (in shares) at Mar. 31, 2022         137,198,372 377,650,449        
Beginning balance at Mar. 31, 2022 173     154 $ 0 $ 1 1,971 (1,587) (231) 19
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income 125     124       124   1
Other comprehensive income (loss), net of tax (47)     (47)         (47)  
Dividends (79)     (79)       (79)    
Stock-based compensation expense 4     4     4      
Distribution to noncontrolling interest holders (4)                 (4)
Shares issued under Omnibus Incentive Plan (in shares)         492          
Ending balance (in shares) at Jun. 30, 2022   137,198,864 377,650,449   137,198,864 377,650,449        
Ending balance at Jun. 30, 2022 $ 172     $ 156 $ 0 $ 1 $ 1,975 $ (1,542) $ (278) $ 16