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Revenue Recognition (Tables) | 6 Months Ended
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Mar. 31, 2024
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 March 31, |  | Six Months Ended March 31,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (in millions)
Revenue by Type |  |  |  |  |  |  |
Digital | $ | 848 |  |  | $ | 796 |  |  | $ | 1,756 |  |  | $ | 1,599 |
Physical | 111 |  |  | 118 |  |  | 265 |  |  | 251 |
Total digital and physical | 959 |  |  | 914 |  |  | 2,021 |  |  | 1,850 |
Artist services and expanded-rights | 126 |  |  | 131 |  |  | 330 |  |  | 337 |
Licensing | 104 |  |  | 98 |  |  | 283 |  |  | 195 |
Total Recorded Music | 1,189 |  |  | 1,143 |  |  | 2,634 |  |  | 2,382 |
Performance | 52 |  |  | 45 |  |  | 103 |  |  | 90 |
Digital | 187 |  |  | 146 |  |  | 383 |  |  | 295 |
Mechanical | 15 |  |  | 16 |  |  | 30 |  |  | 30 |
Synchronization | 48 |  |  | 46 |  |  | 87 |  |  | 85 |
Other | 4 |  |  | 4 |  |  | 7 |  |  | 7 |
Total Music Publishing | 306 |  |  | 257 |  |  | 610 |  |  | 507 |
Intersegment eliminations | (1) |  |  | (1) |  |  | (2) |  |  | (2) |
Total revenues | $ | 1,494 |  |  | $ | 1,399 |  |  | $ | 3,242 |  |  | $ | 2,887 |
Revenue by geographical location |  |  |  |  |  |  |
U.S. Recorded Music | $ | 508 |  |  | $ | 522 |  |  | $ | 1,135 |  |  | $ | 1,061 |
U.S. Music Publishing | 170 |  |  | 135 |  |  | 342 |  |  | 268 |
Total U.S. | 678 |  |  | 657 |  |  | 1,477 |  |  | 1,329 |
International Recorded Music | 681 |  |  | 621 |  |  | 1,499 |  |  | 1,321 |
International Music Publishing | 136 |  |  | 122 |  |  | 268 |  |  | 239 |
Total international | 817 |  |  | 743 |  |  | 1,767 |  |  | 1,560 |
Intersegment eliminations | (1) |  |  | (1) |  |  | (2) |  |  | (2) |
Total revenues | $ | 1,494 |  |  | $ | 1,399 |  |  | $ | 3,242 |  |  | $ | 2,887 |
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 March 31, 2024 are as follows:
| Rest of FY24 |  | FY25 |  | FY26 |  | Thereafter |  | Total
| (in millions)
Remaining performance obligations | $ | 352 |  |  | $ | 285 |  |  | $ | 23 |  |  | $ | 6 |  |  | $ | 666 |
Total | $ | 352 |  |  | $ | 285 |  |  | $ | 23 |  |  | $ | 6 |  |  | $ | 666 |

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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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