10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001319161-21-000026`
Period End Date	20210630
Filing Date	20210803
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	wmg-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 60 Cash Flow Statement 74 Stockholders Equity 40 Comprehensive Income 28

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$23.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$553.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$442.00M	USD	Point-in-time
Accounts receivable, net of allowances of $19 million and $23 million	`AccountsReceivableNetCurrent`	$834.00M	USD	Point-in-time
Accounts receivable, net of allowances of $19 million and $23 million	`AccountsReceivableNetCurrent`	$771.00M	USD	Point-in-time
Inventories	`InventoryNet`	$79.00M	USD	Point-in-time
Inventories	`InventoryNet`	$79.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$220.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$315.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$64.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$55.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.73B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.68B	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$269.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$385.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$331.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$347.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$273.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$273.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.84B	USD	Point-in-time
Goodwill	`Goodwill`	$1.83B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.06B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$1.65B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$154.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$156.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$68.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$35.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$213.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$153.00M	USD	Point-in-time
Total assets	`Assets`	$7.04B	USD	Point-in-time
Total assets	`Assets`	$6.41B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$264.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$226.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.84B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.63B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$385.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$382.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$30.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$31.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$43.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$39.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$275.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$297.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$101.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$80.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.90B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.72B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.37B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.10B	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$299.00M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$293.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$211.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$163.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$172.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$169.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.95B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.46B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.91B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.93B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.66B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.75B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-194.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-222.00M	USD	Point-in-time
Total Warner Music Group Corp. equity (deficit)	`StockholdersEquity`	$81.00M	USD	Point-in-time
Total Warner Music Group Corp. equity (deficit)	`StockholdersEquity`	$-63.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$18.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.00M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-45.00M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-285.00M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-21.00M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$95.00M	USD	Point-in-time
Total equity (deficit)	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$73.00M	USD	Point-in-time
Total liabilities and equity (deficit)	`LiabilitiesAndStockholdersEquity`	$6.41B	USD	Point-in-time
Total liabilities and equity (deficit)	`LiabilitiesAndStockholdersEquity`	$7.04B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Depreciation expense	`Depreciation`	$19.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$15.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$53.00M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$57.00M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.34B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.92B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.34B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.01B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.99B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$527.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.73B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$681.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.26B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$869.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.79B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$437.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$170.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$47.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$60.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$141.00M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.44B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.65B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.18B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.42B	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$509.00M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-433.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$162.00M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-317.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-93.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-98.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-30.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-32.00M	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`	$-18.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$404.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-427.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-468.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$127.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$44.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$41.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$51.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$277.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-519.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-471.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$61.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
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
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$276.00M	USD	3 Qtrs
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-474.00M	USD	3 Qtrs
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-520.00M	USD	1 Quarter
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$61.00M	USD	1 Quarter

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$277.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-519.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-471.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$61.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$227.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$194.00M	USD	3 Qtrs
Unrealized losses and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts	`ForeignCurrencyTransactionGainLossBeforeTax`	$-17.00M	USD	3 Qtrs
Unrealized losses and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts	`ForeignCurrencyTransactionGainLossBeforeTax`	$-14.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-34.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$27.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.00M	USD	1 Quarter
Net (gain) loss on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$26.00M	USD	3 Qtrs
Net (gain) loss on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$-2.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$4.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.00M	USD	3 Qtrs
Non-cash stock-based compensation expense	`EmployeeBenefitsAndShareBasedCompensationNoncash`	$600.00M	USD	3 Qtrs
Non-cash stock-based compensation expense	`EmployeeBenefitsAndShareBasedCompensationNoncash`	$33.00M	USD	3 Qtrs
Non-cash stock-based compensation expense	`EmployeeBenefitsAndShareBasedCompensationNoncash`	$12.00M	USD	1 Quarter
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$48.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-45.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-16.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-2.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$202.00M	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`	$-62.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$60.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$172.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-12.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-3.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$11.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-27.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-7.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-14.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$287.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$410.00M	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`	$459.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$58.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$48.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$49.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-566.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-87.00M	USD	3 Qtrs
Repayment of 5.500% Senior Notes due 2026	`RepaymentsOfSeniorDebt`	$325.00M	USD	3 Qtrs
Repayment of 5.500% Senior Notes due 2026	`RepaymentsOfSeniorDebt`	-	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$1.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$8.00M	USD	3 Qtrs
Call premiums paid on early redemption of debt	`PaymentsOfDebtExtinguishmentCosts`	$8.00M	USD	3 Qtrs
Call premiums paid on early redemption of debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Distribution to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$6.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$6.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$281.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$187.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$62.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-288.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.00M	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`	$10.00M	USD	3 Qtrs
Net decrease in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-111.00M	USD	3 Qtrs
Net decrease in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-87.00M	USD	3 Qtrs
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$619.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$442.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$553.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$619.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$442.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$553.00M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.36	USD	3 Qtrs
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-45.00M	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`	$95.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$73.00M	USD	Point-in-time
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$277.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-519.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-471.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$61.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.00M	USD	1 Quarter
Dividends (per share)	`DividendsCommonStock`	$62.00M	USD	1 Quarter
Dividends (per share)	`DividendsCommonStock`	$75.00M	USD	3 Qtrs
Dividends (per share)	`DividendsCommonStock`	$187.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$27.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	1 Quarter
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00M	USD	1 Quarter
Modification of stock-based compensation plan	`AdjustmentsToAdditionalPaidInCapitalModificationOfLongTermIncentivePlan`	$769.00M	USD	1 Quarter
Modification of stock-based compensation plan	`AdjustmentsToAdditionalPaidInCapitalModificationOfLongTermIncentivePlan`	$769.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-1.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-1.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-1.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$1.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-269.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-45.00M	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`	$95.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$73.00M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$277.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-519.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-471.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$61.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$17.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$12.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$19.00M	USD	3 Qtrs
Deferred gain (loss) on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-2.00M	USD	1 Quarter
Deferred gain (loss) on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-22.00M	USD	3 Qtrs
Deferred gain (loss) on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.00M	USD	1 Quarter
Deferred gain (loss) on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$9.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$15.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-504.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-484.00M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$305.00M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$76.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-505.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-487.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$304.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$76.00M	USD	1 Quarter

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