10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001319161-20-000024`
Period End Date	20200630
Filing Date	20200804
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	wmg-20200630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 62 Cash Flow Statement 70 Stockholders Equity 40 Comprehensive Income 28

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$21.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$17.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$619.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$532.00M	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`	$732.00M	USD	Point-in-time
Inventories	`InventoryNet`	$59.00M	USD	Point-in-time
Inventories	`InventoryNet`	$74.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$188.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$170.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$71.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$53.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.58B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.69B	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$230.00M	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`	$310.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$278.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.77B	USD	Point-in-time
Goodwill	`Goodwill`	$1.76B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$1.62B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$1.72B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$152.00M	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`	$57.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$145.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$145.00M	USD	Point-in-time
Total assets	`Assets`	$6.02B	USD	Point-in-time
Total assets	`Assets`	$6.15B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$260.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$205.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.63B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.57B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$346.00M	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`	$22.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$40.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$180.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$182.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$100.00M	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`	$2.52B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.97B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.00B	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$306.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$157.00M	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`	$181.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.17B	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`	$1.90B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.69B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.18B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-240.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-253.00M	USD	Point-in-time
Total Warner Music Group Corp. deficit	`StockholdersEquity`	$-289.00M	USD	Point-in-time
Total Warner Music Group Corp. deficit	`StockholdersEquity`	$-38.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$17.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$20.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-133.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-285.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-21.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time
Total deficit	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time
Total liabilities and deficit	`LiabilitiesAndStockholdersEquity`	$6.02B	USD	Point-in-time
Total liabilities and deficit	`LiabilitiesAndStockholdersEquity`	$6.15B	USD	Point-in-time

Income Statement 62 line items

Line Item	Tag	Value	Unit	Period
Depreciation expense	`Depreciation`	$43.00M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$15.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$53.00M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$15.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.34B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.35B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.06B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.73B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$577.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$527.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.76B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$372.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.79B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.10B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$869.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$51.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$160.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$141.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$47.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.44B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.00B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.02B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$3.65B	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-433.00M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$327.00M	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-317.00M	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$58.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-7.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-108.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-98.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-32.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-36.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-12.00M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$41.00M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-16.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$253.00M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-427.00M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-468.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$51.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$86.00M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-12.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$44.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$167.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-519.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-471.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-474.00M	USD	3 Qtrs
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-520.00M	USD	1 Quarter
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$166.00M	USD	3 Qtrs
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$13.00M	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.03	USD	1 Quarter
Basic and Diluted (in dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.33	USD	3 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$167.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-519.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-471.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$194.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$203.00M	USD	3 Qtrs
Unrealized losses (gains) and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts	`ForeignCurrencyTransactionGainLossBeforeTax`	$6.00M	USD	3 Qtrs
Unrealized losses (gains) and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts	`ForeignCurrencyTransactionGainLossBeforeTax`	$-14.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$25.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-34.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-7.00M	USD	3 Qtrs
Net loss (gain) on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$27.00M	USD	3 Qtrs
Net loss (gain) on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$-2.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$5.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$4.00M	USD	3 Qtrs
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$600.00M	USD	3 Qtrs
Non-cash stock-based compensation expense	`ShareBasedCompensation`	$28.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-45.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$50.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-16.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-12.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$107.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$41.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-113.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-94.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$60.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$117.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-12.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-13.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	-	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-17.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$11.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-14.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$1.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$249.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$287.00M	USD	3 Qtrs
Acquisition of music publishing rights and music catalogs, net	`PaymentsToAcquireIntangibleAssets`	$28.00M	USD	3 Qtrs
Acquisition of music publishing rights and music catalogs, net	`PaymentsToAcquireIntangibleAssets`	$24.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$82.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$234.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-340.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-87.00M	USD	3 Qtrs
Call premiums paid and deposit on early redemption of debt	`CallPremiumsPaidAndDepositOnEarlyRedemptionOfDebt`	$5.00M	USD	3 Qtrs
Call premiums paid and deposit on early redemption of debt	`CallPremiumsPaidAndDepositOnEarlyRedemptionOfDebt`	-	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$1.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$7.00M	USD	3 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$3.00M	USD	3 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$6.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$63.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$281.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-288.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$119.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$1.00M	USD	3 Qtrs
Net (decrease) increase in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-87.00M	USD	3 Qtrs
Net (decrease) increase in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$27.00M	USD	3 Qtrs
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$541.00M	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`	$619.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$532.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$541.00M	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`	$619.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$532.00M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.06	USD	1 Quarter
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	3 Qtrs
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.19	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-133.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-285.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-21.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$167.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-519.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-471.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-29.00M	USD	3 Qtrs
Dividends ($ per share)	`DividendsCommonStock`	$94.00M	USD	3 Qtrs
Dividends ($ per share)	`DividendsCommonStock`	$31.00M	USD	1 Quarter
Dividends ($ per share)	`DividendsCommonStock`	$75.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00M	USD	1 Quarter
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.00M	USD	1 Quarter
Modification of stock-based compensation plan	`AdjustmentsToAdditionalPaidInCapitalModificationOfLongTermIncentivePlan`	$769.00M	USD	3 Qtrs
Modification of stock-based compensation plan	`AdjustmentsToAdditionalPaidInCapitalModificationOfLongTermIncentivePlan`	$769.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	3 Qtrs
Shares listed through IPO	`StockIssuedDuringPeriodValueNewIssues`	-	USD	3 Qtrs
Shares listed through IPO	`StockIssuedDuringPeriodValueNewIssues`	-	USD	1 Quarter
Other	`StockholdersEquityOther`	$-1.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$1.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-1.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$4.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-133.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-285.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-21.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$167.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$14.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-519.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-471.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$17.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-17.00M	USD	3 Qtrs
Deferred loss on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.00M	USD	1 Quarter
Deferred loss on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-22.00M	USD	3 Qtrs
Deferred loss on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-3.00M	USD	1 Quarter
Deferred loss on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-12.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-29.00M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-504.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$20.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$138.00M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-484.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	3 Qtrs
Comprehensive (loss) income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$137.00M	USD	3 Qtrs
Comprehensive (loss) income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-505.00M	USD	1 Quarter
Comprehensive (loss) income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-487.00M	USD	3 Qtrs
Comprehensive (loss) income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$19.00M	USD	1 Quarter

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