10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001319161-23-000027`
Period End Date	20230630
Filing Date	20230808
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	wmg-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 68 Cash Flow Statement 78 Stockholders Equity 40 Comprehensive Income 28

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$19.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$461.00M	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$523.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$584.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$600.00M	USD	Point-in-time
Accounts receivable, net of allowances of $19 million and $19 million	`AccountsReceivableNetCurrent`	$984.00M	USD	Point-in-time
Accounts receivable, net of allowances of $19 million and $19 million	`AccountsReceivableNetCurrent`	$1.11B	USD	Point-in-time
Inventories	`InventoryNet`	$116.00M	USD	Point-in-time
Inventories	`InventoryNet`	$108.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$372.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$390.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$91.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$98.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.14B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$2.32B	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$584.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$503.00M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $523 million and $461 million	`PropertyPlantAndEquipmentNet`	$454.00M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $523 million and $461 million	`PropertyPlantAndEquipmentNet`	$415.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$252.00M	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$226.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.96B	USD	Point-in-time
Goodwill	`Goodwill`	$1.92B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.24B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.19B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$150.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$145.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$27.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredIncomeTaxAssetsNet`	$29.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$209.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$212.00M	USD	Point-in-time
Total assets	`Assets`	$7.83B	USD	Point-in-time
Total assets	`Assets`	$8.15B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$268.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$249.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$2.24B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.92B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$422.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$457.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$29.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$17.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$40.00M	USD	Point-in-time
Operating lease liabilities, current	`OperatingLeaseLiabilityCurrent`	$41.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$226.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$423.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$84.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$245.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.37B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.99B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.73B	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$264.00M	USD	Point-in-time
Operating lease liabilities, noncurrent	`OperatingLeaseLiabilityNoncurrent`	$241.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$205.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredIncomeTaxLiabilitiesNet`	$220.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$99.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$104.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.85B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.66B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.01B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.98B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.48B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.45B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-277.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-347.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$152.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$281.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$16.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$18.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$266.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.83B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$8.15B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Depreciation expense	`Depreciation`	$22.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$59.00M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$65.00M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$18.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.45B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.56B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.42B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.43B	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$766.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$850.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.33B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$2.28B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$461.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.35B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$451.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.39B	USD	3 Qtrs
Restructuring	`RestructuringCharges`	$41.00M	USD	3 Qtrs
Restructuring	`RestructuringCharges`	-	USD	3 Qtrs
Restructuring	`RestructuringCharges`	-	USD	1 Quarter
Restructuring	`RestructuringCharges`	-	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$64.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$198.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$188.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$69.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.91B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.29B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.38B	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$3.87B	USD	3 Qtrs
Net gain on divestiture	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Net gain on divestiture	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Net gain on divestiture	`GainLossOnSaleOfBusiness`	$41.00M	USD	3 Qtrs
Net gain on divestiture	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$578.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$146.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$189.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$551.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-94.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-32.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-38.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-105.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$96.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-72.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$50.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$20.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$553.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$397.00M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$164.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$112.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$39.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$148.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$43.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$125.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$124.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$285.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$405.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Net income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$122.00M	USD	1 Quarter
Net income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$278.00M	USD	3 Qtrs
Net income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$403.00M	USD	3 Qtrs
Net income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$124.00M	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$125.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$124.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$285.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$405.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$257.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$253.00M	USD	3 Qtrs
Unrealized losses (gains) and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts	`ForeignCurrencyTransactionGainLossBeforeTax`	$-71.00M	USD	3 Qtrs
Unrealized losses (gains) and remeasurement of foreign-denominated loans and foreign currency forward exchange contracts	`ForeignCurrencyTransactionGainLossBeforeTax`	$107.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-18.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$37.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	3 Qtrs
Net (gain) loss on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$-33.00M	USD	3 Qtrs
Net (gain) loss on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$44.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$2.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$4.00M	USD	3 Qtrs
Non-cash stock-based compensation expense	`EmployeeBenefitsAndShareBasedCompensationNoncash`	$42.00M	USD	3 Qtrs
Non-cash stock-based compensation expense	`EmployeeBenefitsAndShareBasedCompensationNoncash`	$7.00M	USD	1 Quarter
Non-cash stock-based compensation expense	`EmployeeBenefitsAndShareBasedCompensationNoncash`	$35.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$156.00M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$94.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	-	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$93.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$67.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-103.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-93.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$162.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$250.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$12.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$15.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-6.00M	USD	3 Qtrs
Operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-2.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-207.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-145.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	-	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$45.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$336.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$349.00M	USD	3 Qtrs
Acquisition of music publishing rights and music catalogs, net	`PaymentsToAcquireIntangibleAssets`	$178.00M	USD	3 Qtrs
Acquisition of music publishing rights and music catalogs, net	`PaymentsToAcquireIntangibleAssets`	$53.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$89.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$97.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$26.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$499.00M	USD	3 Qtrs
Proceeds from the sale of investments	`ProceedsFromSaleOfEquityMethodInvestments`	$11.00M	USD	3 Qtrs
Proceeds from the sale of investments	`ProceedsFromSaleOfEquityMethodInvestments`	$22.00M	USD	3 Qtrs
Proceeds from divestitures	`ProceedsFromDivestitureOfBusinesses`	$42.00M	USD	3 Qtrs
Proceeds from divestitures	`ProceedsFromDivestitureOfBusinesses`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-763.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-104.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$5.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$3.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$5.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`PaymentsToMinorityShareholders`	$11.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$251.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$235.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$84.00M	USD	1 Quarter
Payment of deferred and contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$133.00M	USD	3 Qtrs
Payment of deferred and contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$4.00M	USD	3 Qtrs
Taxes paid related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	3 Qtrs
Taxes paid related to net share settlement of restricted stock units	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-233.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$280.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-7.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$4.00M	USD	3 Qtrs
Net increase (decrease) in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.00M	USD	3 Qtrs
Net increase (decrease) in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-154.00M	USD	3 Qtrs
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$499.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$584.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$600.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$499.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$584.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$600.00M	USD	Point-in-time

Stockholders Equity 40 line items

Line Item	Tag	Value	Unit	Period
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.45	USD	3 Qtrs
Dividends (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.48	USD	3 Qtrs
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$266.00M	USD	Point-in-time
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$125.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$124.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$285.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$405.00M	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-76.00M	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-47.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-16.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$70.00M	USD	3 Qtrs
Dividends	`DividendsCommonStock`	$79.00M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$251.00M	USD	3 Qtrs
Dividends	`DividendsCommonStock`	$235.00M	USD	3 Qtrs
Dividends	`DividendsCommonStock`	$84.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$32.00M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.00M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$39.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.00M	USD	1 Quarter
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.00M	USD	1 Quarter
Vesting of restricted stock units, net of shares withheld for employee taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-6.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-6.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$-6.00M	USD	1 Quarter
Other	`StockholdersEquityOther`	$-4.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$173.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$172.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$168.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$46.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$266.00M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$125.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$124.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$285.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$405.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-52.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-102.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$78.00M	USD	3 Qtrs
Deferred (loss) gain on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-8.00M	USD	3 Qtrs
Deferred (loss) gain on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$26.00M	USD	3 Qtrs
Deferred (loss) gain on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.00M	USD	1 Quarter
Deferred (loss) gain on derivative financial instruments	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-3.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-76.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-47.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-16.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$70.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$78.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$355.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$329.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$108.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$7.00M	USD	3 Qtrs
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$348.00M	USD	3 Qtrs
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$106.00M	USD	1 Quarter
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$327.00M	USD	3 Qtrs
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$77.00M	USD	1 Quarter

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