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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Dec. 31, 2023
Sep. 30, 2023
Current assets:    
Cash and equivalents $ 754 $ 641
Accounts receivable, net of allowances of $19 million and $19 million 1,195 1,120
Inventories 106 126
Royalty advances expected to be recouped within one year 453 413
Prepaid and other current assets 108 102
Total current assets 2,616 2,402
Royalty advances expected to be recouped after one year 755 688
Property, plant and equipment, net of accumulated depreciation of $551 million and $523 million 466 458
Operating lease right-of-use assets, net 242 245
Goodwill 2,015 1,993
Intangible assets subject to amortization, net 2,390 2,353
Intangible assets not subject to amortization 151 149
Deferred tax assets, net 31 32
Other assets 325 225
Total assets 8,991 8,545
Current liabilities:    
Accounts payable 246 300
Accrued royalties 2,460 2,219
Accrued liabilities 538 533
Accrued interest 29 18
Operating lease liabilities, current 43 41
Deferred revenue 305 371
Other current liabilities 124 57
Total current liabilities 3,745 3,539
Long-term debt 4,004 3,964
Operating lease liabilities, noncurrent 249 255
Deferred tax liabilities, net 223 216
Other noncurrent liabilities 154 141
Total liabilities 8,375 8,115
Equity:    
Additional paid-in capital 2,039 2,015
Accumulated deficit (1,317) (1,387)
Accumulated other comprehensive loss, net (260) (322)
Total Warner Music Group Corp. equity 463 307
Noncontrolling interest 153 123
Total equity 616 430
Total liabilities and equity 8,991 8,545
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1