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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Sep. 30, 2023
Current assets:    
Cash and equivalents $ 587 $ 641
Accounts receivable, net of allowances of $21 million and $19 million 1,197 1,120
Inventories 97 126
Royalty advances expected to be recouped within one year 456 413
Prepaid and other current assets 113 102
Total current assets 2,450 2,402
Royalty advances expected to be recouped after one year 759 688
Property, plant and equipment, net of accumulated depreciation of $573 million and $523 million 462 458
Operating lease right-of-use assets, net 233 245
Goodwill 2,007 1,993
Intangible assets subject to amortization, net 2,318 2,353
Intangible assets not subject to amortization 150 149
Deferred tax assets, net 30 32
Other assets 322 225
Total assets 8,731 8,545
Current liabilities:    
Accounts payable 306 300
Accrued royalties 2,409 2,219
Accrued liabilities 465 533
Accrued interest 18 18
Operating lease liabilities, current 43 41
Deferred revenue 234 371
Other current liabilities 58 57
Total current liabilities 3,533 3,539
Long-term debt 3,984 3,964
Operating lease liabilities, noncurrent 239 255
Deferred tax liabilities, net 236 216
Other noncurrent liabilities 154 141
Total liabilities 8,146 8,115
Equity:    
Additional paid-in capital 2,043 2,015
Accumulated deficit (1,310) (1,387)
Accumulated other comprehensive loss, net (301) (322)
Total Warner Music Group Corp. equity 433 307
Noncontrolling interest 152 123
Total equity 585 430
Total liabilities and equity 8,731 8,545
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1