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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities        
Net income $ 193 $ 124    
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization 81 84    
Unrealized (gains) losses and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts 61 79    
Deferred income taxes 5 (5)    
Net loss (gain) on investments (3) 0    
Net loss (gain) on divestitures (17) (41) $ (41) $ 0
Non-cash interest expense 0 2    
Non-cash stock-based compensation expense 9 14    
Changes in operating assets and liabilities:        
Accounts receivable, net (53) 7    
Inventories 24 13    
Royalty advances (89) (55)    
Other non current assets (81) (3)    
Accounts payable and accrued liabilities (31) (61)    
Royalty payables 202 117    
Accrued interest 11 12    
Operating lease liabilities (1) (2)    
Deferred revenue (70) (104)    
Other balance sheet changes 52 28    
Net cash provided by operating activities 293 209    
Cash flows from investing activities        
Acquisition of music publishing rights and music catalogs, net (59) (33)    
Capital expenditures (29) (21)    
Investments and acquisitions of businesses, net of cash received (17) (8)    
Proceeds from the sale of investments 9 10    
Proceeds from divestitures 4 42    
Net cash used in investing activities (92) (10)    
Cash flows from financing activities        
Proceeds from incremental Senior Term Loan Facility 0 147    
Deferred financing costs paid 0 (2)    
Distribution to noncontrolling interest holders (4) (6)    
Dividends paid (89) (84)    
Payment of deferred and contingent consideration 0 (125)    
Net cash used in financing activities (93) (70)    
Effect of exchange rate changes on cash and equivalents 5 7    
Net increase in cash and equivalents 113 136    
Cash and equivalents at beginning of period 641 584 584  
Cash and equivalents at end of period $ 754 $ 720 $ 641 $ 584