10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001564590-16-022511`
Period End Date	20160630
Filing Date	20160804
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	wmg-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 56 Cash Flow Statement 67 Stockholders Equity 18 Comprehensive Income 26

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$56.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$64.00M	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
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$345.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$157.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$246.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$168.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,055.00	shares	Point-in-time
Accounts receivable, net of allowances of $64 million and $56 million	`AccountsReceivableNetCurrent`	$349.00M	USD	Point-in-time
Accounts receivable, net of allowances of $64 million and $56 million	`AccountsReceivableNetCurrent`	$353.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,055.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,055.00	shares	Point-in-time
Inventories	`InventoryNet`	$38.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,055.00	shares	Point-in-time
Inventories	`InventoryNet`	$42.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$130.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$146.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$60.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$60.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$942.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$827.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$219.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$195.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$206.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$220.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.63B	USD	Point-in-time
Goodwill	`Goodwill`	$1.63B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.27B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.51B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$119.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$118.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$110.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$114.00M	USD	Point-in-time
Total assets	`Assets`	$5.62B	USD	Point-in-time
Total assets	`Assets`	$5.49B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$173.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$156.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.09B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.16B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$296.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$269.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$58.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$45.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$206.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$174.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$13.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$113.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$29.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$24.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.86B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.95B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.98B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.79B	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$302.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$281.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$236.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$242.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.26B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.38B	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	`AdditionalPaidInCapitalCommonStock`	$1.13B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.13B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-740.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-711.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-167.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-199.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$218.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$221.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$18.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$232.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$239.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.62B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.49B	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$811.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$14.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$37.00M	USD	3 Qtrs
Revenue	`Revenues`	$710.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$42.00M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$12.00M	USD	1 Quarter
Revenue	`Revenues`	$2.40B	USD	3 Qtrs
Revenue	`Revenues`	$2.22B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$1.27B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$1.14B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$448.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$373.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$251.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$255.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$787.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$799.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$63.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$63.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$191.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$188.00M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$766.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.13B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$687.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.25B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$45.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$23.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$90.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$159.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-131.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-45.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-136.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-43.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-17.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$21.00M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-5.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-12.00M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-39.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.00M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-58.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$16.00M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$4.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$7.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-65.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-43.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	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
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	3 Qtrs
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-44.00M	USD	1 Quarter
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$29.00M	USD	3 Qtrs
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-9.00M	USD	1 Quarter
Net (loss) income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-68.00M	USD	3 Qtrs

Cash Flow Statement 67 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-65.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-43.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$225.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$233.00M	USD	3 Qtrs
Unrealized losses and remeasurement of foreign denominated loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-12.00M	USD	3 Qtrs
Unrealized losses and remeasurement of foreign denominated loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-19.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-15.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-17.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	3 Qtrs
Net gain on divestitures	`GainLossOnSaleOfBusiness`	$8.00M	USD	3 Qtrs
Gain on sale of real estate	`GainLossOnDispositionOfAssets`	$24.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$8.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$8.00M	USD	3 Qtrs
Non-cash share-based compensation expense	`ShareBasedCompensationExpenseReversal`	$9.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-16.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$51.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$55.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-86.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-47.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$103.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$35.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-13.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-12.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-35.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$39.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-6.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-10.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$207.00M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$118.00M	USD	3 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$14.00M	USD	3 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$12.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$51.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$31.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$23.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$16.00M	USD	3 Qtrs
Divestitures, net of cash on hand	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$27.00M	USD	3 Qtrs
Proceeds from the sale of real estate	`ProceedsFromSaleOfBuildings`	$42.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-79.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$1.00M	USD	3 Qtrs
Proceeds from the Revolving Credit Facility	`ProceedsFromLinesOfCredit`	$258.00M	USD	3 Qtrs
Repayment of the Revolving Credit Facility	`RepaymentsOfLinesOfCredit`	$258.00M	USD	3 Qtrs
Repayment of Acquisition Corp. Senior Term Loan Facility	`RepaymentsOfLongTermDebt`	$10.00M	USD	3 Qtrs
Repayment of Acquisition Corp. Senior Term Loan Facility	`RepaymentsOfLongTermDebt`	$10.00M	USD	3 Qtrs
Call premiums paid on early redemption of debt	`TenderOrCallPremium`	$3.00M	USD	3 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$3.00M	USD	3 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$4.00M	USD	3 Qtrs
Repayment of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$2.00M	USD	3 Qtrs
Repayment of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$14.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-105.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-15.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-13.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.00M	USD	3 Qtrs
Net increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$11.00M	USD	3 Qtrs
Net increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$99.00M	USD	3 Qtrs
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$345.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$157.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$246.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$168.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$345.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$157.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$246.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$168.00M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$232.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$239.00M	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
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-65.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-43.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$41.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-32.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-49.00M	USD	3 Qtrs
Disposal of noncontrolling interest related to divestiture	`NoncontrollingInterestDecreaseFromDeconsolidation`	$4.00M	USD	3 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$232.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$239.00M	USD	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

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-65.00M	USD	3 Qtrs
Net (loss) income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-43.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$41.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-49.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.00M	USD	3 Qtrs
Deferred gains (losses) on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.00M	USD	1 Quarter
Deferred gains (losses) on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$41.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-32.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-49.00M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.00M	USD	3 Qtrs
Total comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-114.00M	USD	3 Qtrs
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`	$2.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	3 Qtrs
Comprehensive loss attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-3.00M	USD	1 Quarter
Comprehensive loss attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-117.00M	USD	3 Qtrs
Comprehensive loss attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-3.00M	USD	1 Quarter
Comprehensive loss attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-3.00M	USD	3 Qtrs

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