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Goodwill and Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of 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 
Acquisitions160 — 160 
Other adjustments(70)— (70)
Balances at September 30, 2022$1,456 $464 $1,920 
Acquisitions51 — 51 
Other adjustments22 — 22 
Balances at September 30, 2023$1,529 $464 $1,993 
Schedule of Indefinite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeSeptember 30,
2023
September 30,
2022
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,507 $1,316 
Music publishing copyrights25 years2,026 1,889 
Artist and songwriter contracts13 years1,091 1,014 
Trademarks14 years111 103 
Other intangible assets6 years104 89 
Total gross intangible assets subject to amortization4,839 4,411 
Accumulated amortization(2,486)(2,172)
Total net intangible assets subject to amortization2,353 2,239 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite149 145 
Total net intangible assets$2,502 $2,384 
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeSeptember 30,
2023
September 30,
2022
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,507 $1,316 
Music publishing copyrights25 years2,026 1,889 
Artist and songwriter contracts13 years1,091 1,014 
Trademarks14 years111 103 
Other intangible assets6 years104 89 
Total gross intangible assets subject to amortization4,839 4,411 
Accumulated amortization(2,486)(2,172)
Total net intangible assets subject to amortization2,353 2,239 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite149 145 
Total net intangible assets$2,502 $2,384 
Schedule of Expected Amortization of Intangible Assets
Based on the amount of intangible assets subject to amortization at September 30, 2023, the expected amortization for each of the next five fiscal years and thereafter are as follows:
Fiscal Year Ended September 30,Amortization
Expense
(in millions)
2024$232 
2025223 
2026206 
2027179 
2028158 
Thereafter1,355 
Total$2,353