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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Sep. 30, 2024
Current assets:    
Cash and equivalents $ 802 $ 694
Accounts receivable, net of allowances of $24 million and $26 million 1,201 1,255
Inventories 84 99
Royalty advances expected to be recouped within one year 473 470
Prepaid and other current assets 156 125
Total current assets 2,716 2,643
Royalty advances expected to be recouped after one year 878 874
Property, plant and equipment, net of accumulated depreciation of $632 million and $615 million 491 481
Operating lease right-of-use assets, net 221 225
Goodwill 2,013 2,021
Intangible assets subject to amortization, net 2,329 2,359
Intangible assets not subject to amortization 149 152
Deferred tax assets, net 40 52
Other assets 309 348
Total assets 9,146 9,155
Current liabilities:    
Accounts payable 189 289
Accrued royalties 2,653 2,549
Accrued liabilities 539 641
Accrued interest 42 17
Operating lease liabilities, current 47 45
Deferred revenue 312 246
Other current liabilities 141 110
Total current liabilities 3,923 3,897
Long-term debt 3,955 4,014
Operating lease liabilities, noncurrent 222 228
Deferred tax liabilities, net 209 195
Other noncurrent liabilities 140 146
Total liabilities 8,449 8,480
Equity:    
Additional paid-in capital 2,091 2,077
Accumulated deficit (1,171) (1,313)
Accumulated other comprehensive loss, net (376) (247)
Total Warner Music Group Corp. equity 545 518
Noncontrolling interest 152 157
Total equity 697 675
Total liabilities and equity 9,146 9,155
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1