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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Revenue $ 6,037 $ 5,919 $ 5,301
Costs and expenses:      
Cost of revenue (3,177) (3,080) (2,742)
Selling, general and administrative expenses [1] (1,826) (1,862) (1,721)
Restructuring (40) 0 0
Amortization expense (245) (263) (229)
Total costs and expenses (5,288) (5,205) (4,692)
Net gain on divestiture 41 0 0
Operating income 790 714 609
Loss on extinguishment of debt (4) 0 (22)
Interest expense, net (141) (125) (122)
Other (expense) income, net (36) 151 (9)
Income before income taxes 609 740 456
Income tax expense (170) (185) (149)
Net income 439 555 307
Less: Income attributable to noncontrolling interest (9) (4) (3)
Net income attributable to Warner Music Group Corp. 430 551 304
Class A Common Stock      
Costs and expenses:      
Net income attributable to Warner Music Group Corp. $ 119 $ 149 $ 68
Net income per share attributable to common stockholders:      
Basic (in dollars per share) $ 0.82 $ 1.06 $ 0.58
Diluted (in dollars per share) $ 0.82 $ 1.06 $ 0.58
Weighted average common shares:      
Basic (in shares) 138,070,000 133,662,000 110,561,000
Diluted (in shares) 138,070,000 133,662,000 110,561,000
Common Class B      
Costs and expenses:      
Net income attributable to Warner Music Group Corp. $ 311 $ 402 $ 236
Net income per share attributable to common stockholders:      
Basic (in dollars per share) $ 0.82 $ 1.06 $ 0.58
Diluted (in dollars per share) $ 0.82 $ 1.06 $ 0.58
Weighted average common shares:      
Basic (in shares) 377,650,000 381,046,000 402,912,000
Diluted (in shares) 377,650,000 381,046,000 402,912,000
[1] Includes depreciation expense of $(87), $(76), and $(77) for the fiscal years ended September 30, 2023, 2022, and 2021 respectively.