10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001564590-14-003266`
Period End Date	20140630
Filing Date	20140807
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	wmg-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 60 Cash Flow Statement 70 Stockholders Equity 21 Comprehensive Income 27

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$69.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$55.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$155.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$102.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$142.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$302.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,055.00	shares	Point-in-time
Accounts receivable, less allowances of $69 and $55 million	`AccountsReceivableNetCurrent`	$449.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,055.00	shares	Point-in-time
Accounts receivable, less allowances of $69 and $55 million	`AccountsReceivableNetCurrent`	$511.00M	USD	Point-in-time
Inventories	`InventoryNet`	$33.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,055.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,055.00	shares	Point-in-time
Inventories	`InventoryNet`	$37.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$93.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$101.00M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$43.00M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsNetCurrent`	$43.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$72.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$59.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$894.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$844.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$190.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$173.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$206.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$180.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.67B	USD	Point-in-time
Goodwill	`Goodwill`	$1.68B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$3.11B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.98B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$120.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$121.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$102.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$110.00M	USD	Point-in-time
Total assets	`Assets`	$6.25B	USD	Point-in-time
Total assets	`Assets`	$6.12B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$221.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$280.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.15B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.16B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$308.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$261.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$75.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$50.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$139.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$230.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$13.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$13.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$8.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.99B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.95B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$3.03B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.85B	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$439.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$396.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$281.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$229.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.66B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.51B	USD	Point-in-time
Common stock ($0.001 par value; 10,000 shares authorized; 1,055 shares issued and outstanding)	`CommonStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 10,000 shares authorized; 1,055 shares issued and outstanding)	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.13B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.13B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-623.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-341.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-61.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-63.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$726.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$442.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$17.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$18.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$743.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.12B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.25B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$788.00M	USD	1 Quarter
Revenues	`Revenues`	$663.00M	USD	1 Quarter
Revenues	`Revenues`	$2.11B	USD	3 Qtrs
Depreciation expense	`CostOfGoodsSoldDepreciation`	$13.00M	USD	1 Quarter
Depreciation expense	`CostOfGoodsSoldDepreciation`	$38.00M	USD	3 Qtrs
Depreciation expense	`CostOfGoodsSoldDepreciation`	$39.00M	USD	3 Qtrs
Depreciation expense	`CostOfGoodsSoldDepreciation`	$14.00M	USD	1 Quarter
Revenues	`Revenues`	$2.26B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$369.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$417.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.10B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$1.18B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$745.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$885.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$319.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$238.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$67.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$48.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$143.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$199.00M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.99B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$803.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$655.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.26B	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-15.00M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-5.00M	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$8.00M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$116.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-85.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-141.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-141.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-157.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-48.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-47.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-149.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$4.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-11.00M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-43.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-306.00M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-200.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-129.00M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$19.00M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$8.00M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-27.00M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-16.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-137.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-279.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-184.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-62.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
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 attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-141.00M	USD	3 Qtrs
Net loss attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-63.00M	USD	1 Quarter
Net loss attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-282.00M	USD	3 Qtrs
Net loss attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-185.00M	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-137.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-279.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-184.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-62.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-85.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-141.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-141.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$238.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$181.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-13.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-47.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$8.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$11.00M	USD	3 Qtrs
Non-cash share-based compensation expense	`ShareBasedCompensation`	$5.00M	USD	3 Qtrs
Non-cash share-based compensation expense	`ShareBasedCompensation`	$8.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-67.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-81.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$4.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-2.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$9.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$24.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-80.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-96.00M	USD	3 Qtrs
Royalty Payables	`IncreaseDecreaseInRoyaltiesPayable`	$41.00M	USD	3 Qtrs
Royalty Payables	`IncreaseDecreaseInRoyaltiesPayable`	$11.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-25.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-33.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$93.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$25.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$12.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$50.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$41.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$147.00M	USD	3 Qtrs
Acquisition of music publishing rights	`PaymentsToAcquireIntangibleAssets`	$35.00M	USD	3 Qtrs
Acquisition of music publishing rights	`PaymentsToAcquireIntangibleAssets`	$20.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$23.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$46.00M	USD	3 Qtrs
Investments and acquisitions of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$26.00M	USD	3 Qtrs
Investments and acquisitions of businesses	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$18.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-92.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-76.00M	USD	3 Qtrs
Proceeds from the Revolving Credit Facility	`ProceedsFromLinesOfCredit`	$111.00M	USD	3 Qtrs
Proceeds from the Revolving Credit Facility	`ProceedsFromLinesOfCredit`	$490.00M	USD	3 Qtrs
Repayment of the Revolving Credit Facility	`RepaymentsOfLinesOfCredit`	$86.00M	USD	3 Qtrs
Repayment of the Revolving Credit Facility	`RepaymentsOfLinesOfCredit`	$490.00M	USD	3 Qtrs
Proceeds from Acquisition Corp. Senior Term Loan Facility	`ProceedsFromIssuanceOfLongTermDebt`	$594.00M	USD	3 Qtrs
Repayment of Acquisition Corp. Senior Term Loan Facility	`RepaymentsOfSeniorDebt`	$7.00M	USD	3 Qtrs
Repayment of Acquisition Corp. Senior Term Loan Facility	`RepaymentsOfSeniorDebt`	$110.00M	USD	3 Qtrs
Financing costs paid	`PaymentsOfFinancingCosts`	$104.00M	USD	3 Qtrs
Financing costs paid	`PaymentsOfFinancingCosts`	$129.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$12.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$42.00M	USD	3 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$2.00M	USD	3 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$2.00M	USD	3 Qtrs
Repayment of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$2.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-260.00M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$43.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-11.00M	USD	3 Qtrs
Net decrease in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-200.00M	USD	3 Qtrs
Net decrease in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-13.00M	USD	3 Qtrs
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$155.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$102.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$142.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$302.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$155.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$102.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$142.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$302.00M	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$743.00M	USD	Point-in-time
Net loss	`ProfitLoss`	$-137.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-279.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-184.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-62.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-10.00M	USD	3 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$743.00M	USD	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	1,055.00	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	1,055.00	shares	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	1,055.00	shares	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	1,055.00	shares	Point-in-time
Beginning balance, per share value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Beginning balance, per share value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ending balance, per share value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Ending balance, per share value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time

Comprehensive Income 27 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-137.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-279.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-184.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-62.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.00M	USD	1 Quarter
Deferred losses on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.00M	USD	3 Qtrs
Deferred losses on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	3 Qtrs
Deferred losses on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-2.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$4.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$2.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax:	`OtherComprehensiveIncomeLossNetOfTax`	$-10.00M	USD	3 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-60.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-180.00M	USD	1 Quarter
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-281.00M	USD	3 Qtrs
Total comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-147.00M	USD	3 Qtrs
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	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	3 Qtrs
Comprehensive loss attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-181.00M	USD	1 Quarter
Comprehensive loss attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-151.00M	USD	3 Qtrs
Comprehensive loss attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-61.00M	USD	1 Quarter
Comprehensive loss attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-284.00M	USD	3 Qtrs

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