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Goodwill and Intangible Assets | 3 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following analysis details the changes in goodwill for each reportable segment:
| Recorded Music |  | Music Publishing |  | Total
| (in millions)
Balances at September 30, 2024 | $ | 1,557 |  |  | $ | 464 |  |  | $ | 2,021 |
Acquisitions | 21 |  |  | — |  |  | 21 |
Other adjustments (a) | (29) |  |  | — |  |  | (29) |
Balances at December 31, 2024 | $ | 1,549 |  |  | $ | 464 |  |  | $ | 2,013 |
______________________________________ (a)Other adjustments during the three months ended December 31, 2024 represent foreign currency movements. The Company performs its annual goodwill impairment test in accordance with ASC 350, Intangibles—Goodwill and Other (“ASC 350”) during the fourth quarter of each fiscal year as of July 1. The Company may conduct an earlier review if events or circumstances occur that would suggest the carrying value of the Company’s goodwill may not be recoverable. No indicators of impairment were identified during the current period that required the Company to perform an interim assessment or recoverability test. Intangible Assets Intangible assets consist of the following:
| Weighted-Average Useful Life |  | December 31, 2024 |  | September 30, 2024
|  |  | (in millions)
Intangible assets subject to amortization: |  |  |  |  |
Recorded music catalog | 12 years |  | $ | 1,603 |  |  | $ | 1,616 |
Music publishing copyrights | 24 years |  | 2,182 |  |  | 2,227 |
Artist and songwriter contracts | 13 years |  | 1,099 |  |  | 1,125 |
Trademarks | 17 years |  | 73 |  |  | 69 |
Other intangible assets | 5 years |  | 86 |  |  | 69 |
Total gross intangible assets subject to amortization |  |  | 5,043 |  |  | 5,106 |
Accumulated amortization |  |  | (2,714) |  |  | (2,747) |
Total net intangible assets subject to amortization |  |  | 2,329 |  |  | 2,359 |
Intangible assets not subject to amortization: |  |  |  |  |
Trademarks and tradenames | Indefinite |  | 149 |  |  | 152 |
Total net intangible assets |  |  | $ | 2,478 |  |  | $ | 2,511 |
The decrease in net intangible assets during the three months ended December 31, 2024 is primarily related to foreign currency movements, partially offset by business combinations which resulted in the recognition of intangible assets with a preliminary estimated fair value of $39 million in the aggregate within recorded music catalogs, artist and songwriter contracts, trademarks, and other intangibles.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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