10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001319161-20-000016`
Period End Date	20200331
Filing Date	20200507
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	wmg-20200331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 68 Cash Flow Statement 70 Stockholders Equity 35 Comprehensive Income 26

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$17.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$619.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$484.00M	USD	Point-in-time
Accounts receivable, net of allowances of $21 million and $17 million	`AccountsReceivableNetCurrent`	$775.00M	USD	Point-in-time
Accounts receivable, net of allowances of $21 million and $17 million	`AccountsReceivableNetCurrent`	$763.00M	USD	Point-in-time
Inventories	`InventoryNet`	$74.00M	USD	Point-in-time
Inventories	`InventoryNet`	$65.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$170.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$189.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$82.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$53.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.69B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.58B	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$232.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$208.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$300.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$294.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$281.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.76B	USD	Point-in-time
Goodwill	`Goodwill`	$1.76B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$1.64B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$1.72B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$151.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$151.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$38.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$55.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$123.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$145.00M	USD	Point-in-time
Total assets	`Assets`	$6.12B	USD	Point-in-time
Total assets	`Assets`	$6.02B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$260.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$246.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.57B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.59B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$564.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$492.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$34.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$34.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$39.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$180.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$167.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$91.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$286.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.82B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.73B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.97B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.98B	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$312.00M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$154.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$172.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$321.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$228.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.41B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.29B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.13B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.13B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.18B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.17B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-268.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-240.00M	USD	Point-in-time
Total Warner Music Group Corp. deficit	`StockholdersEquity`	$-289.00M	USD	Point-in-time
Total Warner Music Group Corp. deficit	`StockholdersEquity`	$-306.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$20.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$21.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-139.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-169.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-285.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time
Total liabilities and deficit	`LiabilitiesAndStockholdersEquity`	$6.12B	USD	Point-in-time
Total liabilities and deficit	`LiabilitiesAndStockholdersEquity`	$6.02B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.33B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.29B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.07B	USD	1 Quarter
Depreciation expense	`Depreciation`	$14.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.09B	USD	1 Quarter
Depreciation expense	`Depreciation`	$28.00M	USD	2 Qtrs
Depreciation expense	`Depreciation`	$38.00M	USD	2 Qtrs
Depreciation expense	`Depreciation`	$14.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$559.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$535.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.19B	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.20B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$917.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$730.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$354.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$538.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$94.00M	USD	2 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$47.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$109.00M	USD	2 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$55.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.12B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.21B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$2.02B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$968.00M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$122.00M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-49.00M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$269.00M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$116.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-36.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-33.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-66.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-72.00M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-4.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$29.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-9.00M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$57.00M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$41.00M	USD	2 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-86.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$115.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$251.00M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$98.00M	USD	2 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-12.00M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$48.00M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-7.00M	USD	2 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$48.00M	USD	2 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$153.00M	USD	2 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-74.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-74.00M	USD	1 Quarter
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$67.00M	USD	1 Quarter
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$153.00M	USD	2 Qtrs
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$46.00M	USD	2 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.15	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.13	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.30	USD	2 Qtrs
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.09	USD	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	501.99M	shares	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	501.99M	shares	1 Quarter
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	501.99M	shares	2 Qtrs
Basic and Diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	501.99M	shares	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$48.00M	USD	2 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$153.00M	USD	2 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-74.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$132.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$137.00M	USD	2 Qtrs
Unrealized gains and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts	`ForeignCurrencyTransactionGainLossBeforeTax`	$24.00M	USD	2 Qtrs
Unrealized gains and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts	`ForeignCurrencyTransactionGainLossBeforeTax`	$7.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-31.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$27.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Net loss (gain) on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$32.00M	USD	2 Qtrs
Net loss (gain) on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$-15.00M	USD	2 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.00M	USD	2 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.00M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$14.00M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$160.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-6.00M	USD	2 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$90.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-13.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-9.00M	USD	2 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$61.00M	USD	2 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$47.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-109.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-100.00M	USD	2 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$46.00M	USD	2 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$38.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	-	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	-	USD	2 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-14.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-19.00M	USD	2 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$37.00M	USD	2 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-28.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$164.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.00M	USD	2 Qtrs
Acquisition of music publishing rights and music catalogs, net	`PaymentsToAcquireIntangibleAssets`	$16.00M	USD	2 Qtrs
Acquisition of music publishing rights and music catalogs, net	`PaymentsToAcquireIntangibleAssets`	$18.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$28.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$59.00M	USD	2 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.00M	USD	2 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$218.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-51.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-293.00M	USD	2 Qtrs
Call premiums paid and deposit on early redemption of debt	`CallPremiumsPaidAndDepositOnEarlyRedemptionOfDebt`	-	USD	2 Qtrs
Call premiums paid and deposit on early redemption of debt	`CallPremiumsPaidAndDepositOnEarlyRedemptionOfDebt`	$2.00M	USD	2 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$4.00M	USD	2 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$2.00M	USD	2 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$1.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$31.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$244.00M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-245.00M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$151.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-3.00M	USD	2 Qtrs
Net decrease in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-135.00M	USD	2 Qtrs
Net decrease in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-44.00M	USD	2 Qtrs
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$484.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$514.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$470.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$619.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$484.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$514.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$470.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$619.00M	USD	Point-in-time

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	2 Qtrs
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	1 Quarter
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	2 Qtrs
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-139.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-169.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-285.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$48.00M	USD	2 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$153.00M	USD	2 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-74.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-35.00M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-28.00M	USD	2 Qtrs
Dividends	`DividendsCommonStock`	$63.00M	USD	2 Qtrs
Dividends	`DividendsCommonStock`	$37.00M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$75.00M	USD	2 Qtrs
Dividends	`DividendsCommonStock`	$32.00M	USD	1 Quarter
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	2 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	-	USD	1 Quarter
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$3.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	-	USD	1 Quarter
Other	`StockholdersEquityOther`	-	USD	2 Qtrs
Other	`StockholdersEquityOther`	$3.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-139.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-169.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-285.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$48.00M	USD	2 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$153.00M	USD	2 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-74.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.00M	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.00M	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-15.00M	USD	1 Quarter
Deferred loss on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-23.00M	USD	1 Quarter
Deferred loss on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-20.00M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-35.00M	USD	2 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-28.00M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$118.00M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.00M	USD	2 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-112.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive (loss) income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$18.00M	USD	2 Qtrs
Comprehensive (loss) income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$54.00M	USD	1 Quarter
Comprehensive (loss) income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$118.00M	USD	2 Qtrs
Comprehensive (loss) income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-112.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.