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Revenue Recognition (Tables)

6 Months Ended

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

X

- 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

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- References

No definition available.

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X

- 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

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