XML 56 R40.htm IDEA: XBRL DOCUMENT v3.25.3
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes in Goodwill for Each Reportable Segment
The following analysis details the changes in goodwill for each reportable segment:
Recorded
Music		Music
Publishing		Total
(in millions)
Balances at September 30, 2023$1,529 $464 $1,993 
Acquisitions5 — 5 
Other adjustments23 — 23 
Balances at September 30, 2024$1,557 $464 $2,021 
Acquisitions24 — 24 
Impairments
(4)— (4)
Other adjustments20 — 20 
Balances at September 30, 2025$1,597 $464 $2,061 
Schedule of Indefinite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeSeptember 30,
2025		September 30,
2024
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,799 $1,616 
Music publishing copyrights23 years2,692 2,227 
Artist and songwriter contracts13 years1,137 1,125 
Trademarks16 years29 69 
Other intangible assets6 years58 69 
Total gross intangible assets subject to amortization5,715 5,106 
Accumulated amortization(2,990)(2,747)
Total net intangible assets subject to amortization2,725 2,359 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite154 152 
Total net intangible assets$2,879 $2,511 
Schedule of Finite-Lived Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeSeptember 30,
2025		September 30,
2024
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,799 $1,616 
Music publishing copyrights23 years2,692 2,227 
Artist and songwriter contracts13 years1,137 1,125 
Trademarks16 years29 69 
Other intangible assets6 years58 69 
Total gross intangible assets subject to amortization5,715 5,106 
Accumulated amortization(2,990)(2,747)
Total net intangible assets subject to amortization2,725 2,359 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite154 152 
Total net intangible assets$2,879 $2,511 
Schedule of Expected Amortization of Intangible Assets
Based on the amount of intangible assets subject to amortization at September 30, 2025, the expected amortization for each of the next five fiscal years and thereafter are as follows:
Fiscal Year Ended September 30,Amortization
Expense
(in millions)
2026$276 
2027236 
2028219 
2029213 
2030204 
Thereafter1,577 
Total$2,725