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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and equivalents $ 527 $ 694
Accounts receivable, net of allowances of $24 million and $26 million 1,305 1,255
Inventories 101 99
Royalty advances expected to be recouped within one year 579 470
Prepaid and other current assets 166 125
Total current assets 2,678 2,643
Royalty advances expected to be recouped after one year 1,075 874
Property, plant and equipment, net of accumulated depreciation of $701 million and $615 million 472 481
Operating lease right-of-use assets, net 216 225
Goodwill 2,064 2,021
Intangible assets subject to amortization, net 2,764 2,359
Intangible assets not subject to amortization 154 152
Deferred tax assets, net 46 52
Other assets 308 348
Total assets 9,777 9,155
Current liabilities:    
Accounts payable 241 289
Accrued royalties 2,828 2,549
Accrued liabilities 533 641
Accrued interest 39 17
Operating lease liabilities, current 43 45
Deferred revenue 278 246
Other current liabilities 88 110
Total current liabilities 4,050 3,897
Acquisition Corp. long-term debt 4,061 4,014
Asset-based long-term debt 302 0
Operating lease liabilities, noncurrent 212 228
Deferred tax liabilities, net 204 195
Other noncurrent liabilities 136 146
Total liabilities 8,965 8,480
Equity:    
Additional paid-in capital 2,102 2,077
Accumulated deficit (1,340) (1,313)
Accumulated other comprehensive loss, net (174) (247)
Total Warner Music Group Corp. equity 589 518
Noncontrolling interest 223 157
Total equity 812 675
Total liabilities and equity 9,777 9,155
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1