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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Sep. 30, 2024
Current assets:    
Cash and equivalents $ 637 $ 694
Accounts receivable, net of allowances of $23 million and $26 million 1,218 1,255
Inventories 88 99
Royalty advances expected to be recouped within one year 509 470
Prepaid and other current assets 147 125
Total current assets 2,599 2,643
Royalty advances expected to be recouped after one year 945 874
Property, plant and equipment, net of accumulated depreciation of $665 million and $615 million 503 481
Operating lease right-of-use assets, net 217 225
Goodwill 2,031 2,021
Intangible assets subject to amortization, net 2,764 2,359
Intangible assets not subject to amortization 151 152
Deferred tax assets, net 41 52
Other assets 317 348
Total assets 9,568 9,155
Current liabilities:    
Accounts payable 347 289
Accrued royalties 2,600 2,549
Accrued liabilities 475 641
Accrued interest 35 17
Operating lease liabilities, current 47 45
Deferred revenue 319 246
Other current liabilities 93 110
Total current liabilities 3,916 3,897
Acquisition Corp. long-term debt 3,990 4,014
Asset-based long-term debt 302 0
Operating lease liabilities, noncurrent 216 228
Deferred tax liabilities, net 214 195
Other noncurrent liabilities 140 146
Total liabilities 8,778 8,480
Equity:    
Additional paid-in capital 2,088 2,077
Accumulated deficit (1,230) (1,313)
Accumulated other comprehensive loss, net (292) (247)
Total Warner Music Group Corp. equity 567 518
Noncontrolling interest 223 157
Total equity 790 675
Total liabilities and equity 9,568 9,155
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1