10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-011109`
Period End Date	20180331
Filing Date	20180507
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	wmg-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 58 Cash Flow Statement 71 Stockholders Equity 18 Comprehensive Income 28

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$49.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$50.00M	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`	$476.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$612.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	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`	$647.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,052.00	shares	Point-in-time
Redemption deposit	`RedemptionDeposit`	$119.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,052.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time
Accounts receivable, net of allowances of $49 million and $50 million	`AccountsReceivableNetCurrent`	$404.00M	USD	Point-in-time
Accounts receivable, net of allowances of $49 million and $50 million	`AccountsReceivableNetCurrent`	$427.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time
Inventories	`InventoryNet`	$39.00M	USD	Point-in-time
Inventories	`InventoryNet`	$39.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$148.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$141.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$44.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$62.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.27B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.41B	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$181.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$172.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$214.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$213.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.70B	USD	Point-in-time
Goodwill	`Goodwill`	$1.69B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.09B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.04B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$118.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$117.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$97.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$52.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$69.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$77.00M	USD	Point-in-time
Total assets	`Assets`	$5.72B	USD	Point-in-time
Total assets	`Assets`	$5.78B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$203.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$208.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.36B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.26B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$365.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$340.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$27.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$41.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$197.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$197.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$111.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$26.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$37.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.10B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.27B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.81B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.84B	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$190.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$194.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$274.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$309.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.41B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.58B	USD	Point-in-time
Common stock ($0.001 par value; 10,000 shares authorized; 1,052 shares issued and outstanding)	`CommonStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 10,000 shares authorized; 1,052 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`	$-654.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-778.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-161.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-181.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$189.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$293.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$16.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$15.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$205.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.72B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.78B	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Depreciation expense	`Depreciation`	$13.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$26.00M	USD	2 Qtrs
Revenue	`Revenues`	$2.01B	USD	2 Qtrs
Depreciation expense	`Depreciation`	$25.00M	USD	2 Qtrs
Revenue	`Revenues`	$963.00M	USD	1 Quarter
Revenue	`Revenues`	$825.00M	USD	1 Quarter
Revenue	`Revenues`	$1.74B	USD	2 Qtrs
Depreciation expense	`Depreciation`	$14.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$911.00M	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$1.06B	USD	2 Qtrs
Cost of revenue	`CostOfRevenue`	$415.00M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$488.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$337.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$282.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$558.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$670.00M	USD	2 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$55.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$101.00M	USD	2 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$108.00M	USD	2 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$50.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$880.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.83B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.57B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$747.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$173.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$172.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$83.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$78.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-32.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-24.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-23.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-76.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-36.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-72.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-36.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	2 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-19.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$75.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$23.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$64.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$19.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$71.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$20.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$44.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$20.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.00M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$19.00M	USD	1 Quarter
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$41.00M	USD	2 Qtrs
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$1.00M	USD	2 Qtrs
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$-3.00M	USD	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$44.00M	USD	2 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$20.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$126.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$134.00M	USD	2 Qtrs
Unrealized losses (gains) and remeasurement of foreign denominated loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.00M	USD	2 Qtrs
Unrealized losses (gains) and remeasurement of foreign denominated loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-11.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-12.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$38.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-32.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-24.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-23.00M	USD	1 Quarter
Net (gain) loss on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$-6.00M	USD	2 Qtrs
Net (gain) loss on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$7.00M	USD	2 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$3.00M	USD	2 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$5.00M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$17.00M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$27.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$41.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-3.00M	USD	2 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$12.00M	USD	2 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$-1.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-43.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-100.00M	USD	2 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$68.00M	USD	2 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$75.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-14.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$7.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-16.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-4.00M	USD	2 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$10.00M	USD	2 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-11.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$136.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$226.00M	USD	2 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$5.00M	USD	2 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$6.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$29.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$18.00M	USD	2 Qtrs
Investments and acquisitions of businesses, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.00M	USD	2 Qtrs
Investments and acquisitions of businesses, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.00M	USD	2 Qtrs
Proceeds from the sale of investments	`ProceedsFromSaleOfEquityMethodInvestments`	$18.00M	USD	2 Qtrs
Proceeds from the sale of investments	`ProceedsFromSaleOfEquityMethodInvestments`	$12.00M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-28.00M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-12.00M	USD	2 Qtrs
Proceeds from supplement of Acquisition Corp. Senior Term Loan Facility	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$22.00M	USD	2 Qtrs
Proceeds from supplement of Acquisition Corp. Senior Term Loan Facility	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$320.00M	USD	2 Qtrs
Call premiums paid on and redemption deposit for early redemption of debt	`CallPremiumsPaidOnAndRedemptionDepositForEarlyRedemptionOfDebt`	$27.00M	USD	2 Qtrs
Call premiums paid on and redemption deposit for early redemption of debt	`CallPremiumsPaidOnAndRedemptionDepositForEarlyRedemptionOfDebt`	$23.00M	USD	2 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$12.00M	USD	2 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$9.00M	USD	2 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$2.00M	USD	2 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$1.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$54.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$125.00M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-93.00M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-149.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$6.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.00M	USD	2 Qtrs
Net (decrease) increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$117.00M	USD	2 Qtrs
Net (decrease) increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-35.00M	USD	2 Qtrs
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$476.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$612.00M	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`	$647.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$476.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$612.00M	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`	$647.00M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$205.00M	USD	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time
Beginning balance, shares	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$44.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$20.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$125.00M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$10.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$25.00M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$20.00M	USD	2 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	2 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$205.00M	USD	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time
Ending balance, shares	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$44.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$20.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$24.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.00M	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.00M	USD	2 Qtrs
Deferred gains (losses) on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.00M	USD	1 Quarter
Deferred gains (losses) on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$2.00M	USD	2 Qtrs
Deferred gains (losses) on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.00M	USD	2 Qtrs
Deferred gains (losses) on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$10.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$25.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	2 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$20.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$45.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.00M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	2 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
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$44.00M	USD	1 Quarter
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$7.00M	USD	1 Quarter
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$21.00M	USD	2 Qtrs
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$27.00M	USD	2 Qtrs

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