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v3.23.2

Revenue Recognition (Tables) | 9 Months Ended
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Jun. 30, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The Company’s revenue consists of the following categories, which aggregate into the segments – Recorded Music and Music Publishing:
| Three Months Ended June 30, |  | Nine Months Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
| (in millions)
Revenue by Type |  |  |  |  |  |  |
Digital | $ | 846 |  |  | $ | 801 |  |  | $ | 2,445 |  |  | $ | 2,475 |
Physical | 126 |  |  | 123 |  |  | 377 |  |  | 440 |
Total Digital and Physical | 972 |  |  | 924 |  |  | 2,822 |  |  | 2,915 |
Artist services and expanded-rights | 218 |  |  | 190 |  |  | 555 |  |  | 563 |
Licensing | 92 |  |  | 75 |  |  | 287 |  |  | 244 |
Total Recorded Music | 1,282 |  |  | 1,189 |  |  | 3,664 |  |  | 3,722 |
Performance | 40 |  |  | 45 |  |  | 130 |  |  | 119 |
Digital | 182 |  |  | 144 |  |  | 477 |  |  | 404 |
Mechanical | 16 |  |  | 10 |  |  | 46 |  |  | 37 |
Synchronization | 41 |  |  | 41 |  |  | 126 |  |  | 133 |
Other | 4 |  |  | 5 |  |  | 11 |  |  | 11 |
Total Music Publishing | 283 |  |  | 245 |  |  | 790 |  |  | 704 |
Intersegment eliminations | (1) |  |  | (2) |  |  | (3) |  |  | (4) |
Total Revenues | $ | 1,564 |  |  | $ | 1,432 |  |  | $ | 4,451 |  |  | $ | 4,422 |
Revenue by Geographical Location |  |  |  |  |  |  |
U.S. Recorded Music | $ | 557 |  |  | $ | 515 |  |  | $ | 1,618 |  |  | $ | 1,641 |
U.S. Music Publishing | 147 |  |  | 137 |  |  | 415 |  |  | 369 |
Total U.S. | 704 |  |  | 652 |  |  | 2,033 |  |  | 2,010 |
International Recorded Music | 725 |  |  | 674 |  |  | 2,046 |  |  | 2,081 |
International Music Publishing | 136 |  |  | 108 |  |  | 375 |  |  | 335 |
Total International | 861 |  |  | 782 |  |  | 2,421 |  |  | 2,416 |
Intersegment eliminations | (1) |  |  | (2) |  |  | (3) |  |  | (4) |
Total Revenues | $ | 1,564 |  |  | $ | 1,432 |  |  | $ | 4,451 |  |  | $ | 4,422 |
Schedule of Revenues Expected to be Recognized in Future Related to Performance Obligations | Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at June 30, 2023 are as follows:
| Rest of FY23 |  | FY24 |  | FY25 |  | Thereafter |  | Total
| (in millions)
Remaining performance obligations | $ | 156 |  |  | $ | 457 |  |  | $ | 11 |  |  | $ | 2 |  |  | $ | 626 |
Total | $ | 156 |  |  | $ | 457 |  |  | $ | 11 |  |  | $ | 2 |  |  | $ | 626 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 + Details
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