10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001564590-17-016251`
Period End Date	20170630
Filing Date	20170808
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	wmg-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 59 Cash Flow Statement 72 Stockholders Equity 19 Comprehensive Income 27

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$52.00M	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`	$246.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$345.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$359.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$567.00M	USD	Point-in-time
Accounts receivable, net of allowances of $53 million and $52 million	`AccountsReceivableNetCurrent`	$380.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,055.00	shares	Point-in-time
Accounts receivable, net of allowances of $53 million and $52 million	`AccountsReceivableNetCurrent`	$329.00M	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`	$41.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$136.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$128.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$51.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$57.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$908.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$196.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$204.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$203.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$203.00M	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`	$2.02B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.20B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$116.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$117.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$59.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$2.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$68.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$82.00M	USD	Point-in-time
Total assets	`Assets`	$5.33B	USD	Point-in-time
Total assets	`Assets`	$5.48B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$166.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$204.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.25B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.10B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$297.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$286.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$24.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$38.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$161.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$178.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$21.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$53.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.94B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.84B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.80B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.78B	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$269.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$159.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$236.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$260.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.15B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.12B	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`	$-715.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-615.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-218.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-205.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$308.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$195.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$15.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$17.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$210.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.48B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.33B	USD	Point-in-time

Income Statement 59 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	$2.40B	USD	3 Qtrs
Depreciation expense	`Depreciation`	$37.00M	USD	3 Qtrs
Revenue	`Revenues`	$917.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$13.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$38.00M	USD	3 Qtrs
Revenue	`Revenues`	$2.66B	USD	3 Qtrs
Revenue	`Revenues`	$811.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$12.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$448.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$519.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$1.27B	USD	3 Qtrs
Cost of revenue	`CostOfRevenue`	$1.43B	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$255.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$854.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$296.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$787.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$152.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$51.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$63.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$188.00M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$2.25B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$766.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$866.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.44B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$159.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$51.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$45.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$223.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-35.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-36.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-112.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-131.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-43.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$25.00M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-21.00M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-5.00M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-21.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$55.00M	USD	3 Qtrs
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.00M	USD	1 Quarter
(Loss) income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$49.00M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$4.00M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-132.00M	USD	3 Qtrs
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-152.00M	USD	1 Quarter
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$16.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	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	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	3 Qtrs
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$141.00M	USD	1 Quarter
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$182.00M	USD	3 Qtrs
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-9.00M	USD	1 Quarter
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$29.00M	USD	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$190.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$225.00M	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`	$-165.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-15.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-35.00M	USD	3 Qtrs
Net loss (gain) on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$-17.00M	USD	3 Qtrs
Net loss (gain) on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$8.00M	USD	3 Qtrs
Gain on sale of real estate	`GainLossOnDispositionOfAssets`	$24.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$6.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$8.00M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$9.00M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$26.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$55.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-2.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$51.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$15.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-47.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-55.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$103.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$152.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-14.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-13.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-25.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-35.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-4.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-10.00M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$207.00M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$309.00M	USD	3 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$14.00M	USD	3 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$11.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$31.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$29.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$23.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.00M	USD	3 Qtrs
Divestitures, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$43.00M	USD	3 Qtrs
Divestitures, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$27.00M	USD	3 Qtrs
Proceeds from the sale of real estate	`ProceedsFromSaleOfBuildings`	$42.00M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-6.00M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$1.00M	USD	3 Qtrs
Proceeds from issuance of Acquisition Corp. Senior Term Loan Facility	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$22.00M	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`	$27.00M	USD	3 Qtrs
Call premiums paid on early redemption of debt	`TenderOrCallPremium`	$3.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$13.00M	USD	3 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$4.00M	USD	3 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$4.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$54.00M	USD	3 Qtrs
Repayment of capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$14.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-105.00M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-97.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.00M	USD	3 Qtrs
Net increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$208.00M	USD	3 Qtrs
Net increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$99.00M	USD	3 Qtrs
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$246.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$345.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$359.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$567.00M	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`	$345.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$359.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$567.00M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$210.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	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`	$187.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Dividends	`DividendsCommonStock`	$84.00M	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-32.00M	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$27.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	3 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	1 Quarter
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$5.00M	USD	3 Qtrs
Other	`StockholdersEquityOther`	$4.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$210.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	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 27 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	3 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-7.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$33.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$5.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.00M	USD	1 Quarter
Deferred gains (losses) on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.00M	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	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-32.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$27.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$200.00M	USD	3 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$170.00M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-3.00M	USD	1 Quarter
Comprehensive income (loss) attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$-3.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$195.00M	USD	3 Qtrs
Comprehensive income (loss) attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$168.00M	USD	1 Quarter

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