XML 46 R35.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Segment Information (Tables) | 9 Months Ended
--- | ---
Jun. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Information | While intercompany transactions are treated like third-party transactions to determine segment performance, the revenues (and corresponding expenses recognized by the segment that is counterparty to the transaction) are eliminated in consolidation, and therefore, do not themselves impact consolidated results.
| Recorded Music |  | Music Publishing |  | Corporate expenses and eliminations |  | Total
Three Months Ended | (in millions)
June 30, 2024 |  |  |  |  |  |  |
Revenues | $ | 1,251 |  |  | $ | 305 |  |  | $ | (2) |  |  | $ | 1,554 |
Adjusted OIBDA | 281 |  |  | 79 |  |  | (44) |  |  | 316 |
June 30, 2023 |  |  |  |  |  |  |
Revenues | $ | 1,282 |  |  | $ | 283 |  |  | $ | (1) |  |  | $ | 1,564 |
Adjusted OIBDA | 264 |  |  | 74 |  |  | (41) |  |  | 297 |
| Recorded Music |  | Music Publishing |  | Corporate expenses and eliminations |  | Total
Nine Months Ended | (in millions)
June 30, 2024 |  |  |  |  |  |  |
Revenues | $ | 3,885 |  |  | $ | 915 |  |  | $ | (4) |  |  | $ | 4,796 |
Adjusted OIBDA | 965 |  |  | 247 |  |  | (133) |  |  | 1,079 |
June 30, 2023 |  |  |  |  |  |  |
Revenues | 3,664 |  |  | 790 |  |  | (3) |  |  | 4,451 |
Adjusted OIBDA | 812 |  |  | 222 |  |  | (116) |  |  | 918 |
Schedule of Components of Adjusted OIBDA to Operating Income | Adjusted OIBDA is not a measure defined by U.S. GAAP but is computed using amounts that are determined in accordance with U.S. GAAP. A reconciliation of the Company’s Adjusted OIBDA to operating income is presented below.
|  | For the Three Months Ended June 30, |  | For the Nine Months Ended June 30,
|  | 2024 |  | 2023 |  | 2024 |  | 2023
Operating income |  | $ | 207 |  |  | $ | 189 |  |  | $ | 680 |  |  | $ | 578 |
Amortization expense |  | 55 |  |  | 64 |  |  | 167 |  |  | 188 |
Depreciation expense |  | 25 |  |  | 22 |  |  | 77 |  |  | 65 |
Restructuring and impairments |  | 1 |  |  | — |  |  | 96 |  |  | 41 |
Transformation initiatives and other related costs |  | 18 |  |  | 13 |  |  | 56 |  |  | 39 |
Executive transition costs |  | — |  |  | 1 |  |  | — |  |  | 4 |
Net gain on divestitures |  | (1) |  |  | — |  |  | (32) |  |  | (41) |
Non-cash stock-based compensation and other related costs |  | 11 |  |  | 8 |  |  | 35 |  |  | 44 |
Adjusted OIBDA |  | $ | 316 |  |  | $ | 297 |  |  | $ | 1,079 |  |  | $ | 918 |

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Components of Adjusted OIBDA to Operating Income + References No definition available. + Details
Name: | wmg_ScheduleOfComponentsOfAdjustedOIBDAToOperatingIncomeTableTextBlock
Namespace Prefix: | wmg_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration