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Earnings per Share (Tables)

6 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table sets forth the calculation of basic and diluted net income per common share under the two-class method for the three and six months ended March 31, 2023 and 2022 (in millions, except share amounts, which are reflected in thousands, and per share data):

			Three Months Ended March 31,
			2023												2022
			Class A						Class B						Class A						Class B
Basic and Diluted EPS:
Numerator
Net income attributable to Warner Music Group Corp.			$	10					$	24					$	25					$	67
Less: Net income attributable to participating securities			(1)						—						(1)						—
Net income attributable to common stockholders			$	9					$	24					$	24					$	67
Denominator
Weighted average shares outstanding			138,257						377,650						136,349						378,432
Basic and Diluted EPS			$	0.06					$	0.06					$	0.18					$	0.18
			Six Months Ended March 31,
			2023												2022
			Class A						Class B						Class A						Class B
Basic and Diluted EPS:
Numerator
Net income attributable to Warner Music Group Corp.			$	43					$	113					$	73					$	206
Less: Net income attributable to participating securities			(2)						—						(4)						—
Net income attributable to common stockholders			$	41					$	113					$	69					$	206
Denominator
Weighted average shares outstanding			137,841						377,650						130,159						384,442
Basic and Diluted EPS			$	0.30					$	0.30					$	0.53					$	0.53

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

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