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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2024
Sep. 30, 2023
Current assets:    
Cash and equivalents $ 607 $ 641
Accounts receivable, net of allowances of $23 million and $19 million 1,222 1,120
Inventories 92 126
Royalty advances expected to be recouped within one year 450 413
Prepaid and other current assets 112 102
Total current assets 2,483 2,402
Royalty advances expected to be recouped after one year 837 688
Property, plant and equipment, net of accumulated depreciation of $594 million and $523 million 464 458
Operating lease right-of-use assets, net 226 245
Goodwill 2,003 1,993
Intangible assets subject to amortization, net 2,309 2,353
Intangible assets not subject to amortization 150 149
Deferred tax assets, net 29 32
Other assets 329 225
Total assets 8,830 8,545
Current liabilities:    
Accounts payable 200 300
Accrued royalties 2,582 2,219
Accrued liabilities 499 533
Accrued interest 29 18
Operating lease liabilities, current 43 41
Deferred revenue 168 371
Other current liabilities 52 57
Total current liabilities 3,573 3,539
Long-term debt 3,978 3,964
Operating lease liabilities, noncurrent 232 255
Deferred tax liabilities, net 251 216
Other noncurrent liabilities 161 141
Total liabilities 8,195 8,115
Equity:    
Additional paid-in capital 2,053 2,015
Accumulated deficit (1,260) (1,387)
Accumulated other comprehensive loss, net (311) (322)
Total Warner Music Group Corp. equity 483 307
Noncontrolling interest 152 123
Total equity 635 430
Total liabilities and equity 8,830 8,545
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1