10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001564590-18-019654`
Period End Date	20180630
Filing Date	20180807
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	wmg-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 60 Cash Flow Statement 70 Stockholders Equity 18 Comprehensive Income 27

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$50.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$41.00M	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`	$647.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$567.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$905.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	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
Accounts receivable, net of allowances of $41 million and $50 million	`AccountsReceivableNetCurrent`	$404.00M	USD	Point-in-time
Accounts receivable, net of allowances of $41 million and $50 million	`AccountsReceivableNetCurrent`	$444.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,052.00	shares	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
Inventories	`InventoryNet`	$39.00M	USD	Point-in-time
Inventories	`InventoryNet`	$40.00M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$138.00M	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`	$58.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.27B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.58B	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$170.00M	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`	$213.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$203.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.69B	USD	Point-in-time
Goodwill	`Goodwill`	$1.69B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$1.88B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$2.09B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$117.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$146.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$8.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$97.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$82.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$69.00M	USD	Point-in-time
Total assets	`Assets`	$5.72B	USD	Point-in-time
Total assets	`Assets`	$5.76B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$208.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$168.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.26B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.49B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$365.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$377.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$19.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$41.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$212.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$197.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$19.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$26.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.29B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.10B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.81B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.81B	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$197.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$190.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$309.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$275.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.57B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.41B	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`	$-758.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-654.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-181.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-195.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$293.00M	USD	Point-in-time
Total Warner Music Group Corp. equity	`StockholdersEquity`	$175.00M	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`	$191.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.76B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.72B	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Depreciation expense	`Depreciation`	$13.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$917.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$41.00M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.97B	USD	3 Qtrs
Depreciation expense	`Depreciation`	$38.00M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$958.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$15.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.66B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.43B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.59B	USD	3 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$519.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$531.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$343.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$296.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$854.00M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.01B	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$152.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$164.00M	USD	3 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$56.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$51.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$866.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$930.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$2.44B	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$2.77B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$28.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$201.00M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$51.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$223.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-35.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-7.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-31.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-36.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-105.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-112.00M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-33.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$394.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-21.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-21.00M	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$392.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$457.00M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$382.00M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$55.00M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$61.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-152.00M	USD	1 Quarter
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$-132.00M	USD	3 Qtrs
Income tax (expense) benefit	`IncomeTaxExpenseBenefit`	$132.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$321.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.00M	USD	3 Qtrs
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.00M	USD	3 Qtrs
Net income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$141.00M	USD	1 Quarter
Net income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$182.00M	USD	3 Qtrs
Net income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$321.00M	USD	3 Qtrs
Net income attributable to Warner Music Group Corp.	`NetIncomeLoss`	$320.00M	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$321.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$190.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$205.00M	USD	3 Qtrs
Unrealized losses (gains) and remeasurement of foreign denominated loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-19.00M	USD	3 Qtrs
Unrealized losses (gains) and remeasurement of foreign denominated loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$6.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-165.00M	USD	3 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$105.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-35.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-7.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-31.00M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	1 Quarter
Net (gain) loss on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$-17.00M	USD	3 Qtrs
Net (gain) loss on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$385.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$6.00M	USD	3 Qtrs
Non-cash interest expense	`AmortizationOfFinancingCostsAndDiscounts`	$5.00M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$26.00M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$52.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$55.00M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$43.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-2.00M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$1.00M	USD	3 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$15.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-55.00M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-84.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$152.00M	USD	3 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$113.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-14.00M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-22.00M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-25.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-4.00M	USD	3 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$30.00M	USD	3 Qtrs
Net cash provided (used in) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$309.00M	USD	3 Qtrs
Net cash provided (used in) by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$265.00M	USD	3 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$11.00M	USD	3 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$11.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$29.00M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$40.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$9.00M	USD	3 Qtrs
Investments and acquisitions of businesses, net	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$14.00M	USD	3 Qtrs
Proceeds from the sale of investments	`ProceedsFromSaleOfEquityMethodInvestments`	$516.00M	USD	3 Qtrs
Proceeds from the sale of investments	`ProceedsFromSaleOfEquityMethodInvestments`	$43.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.00M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$451.00M	USD	3 Qtrs
Proceeds from supplement of Acquisition Corp. Senior Term Loan Facility	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$22.00M	USD	3 Qtrs
Proceeds from supplement of Acquisition Corp. Senior Term Loan Facility	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$320.00M	USD	3 Qtrs
Call premiums paid on early redemption of debt	`TenderOrCallPremium`	$23.00M	USD	3 Qtrs
Call premiums paid on early redemption of debt	`TenderOrCallPremium`	$27.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$13.00M	USD	3 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$12.00M	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
Dividends paid	`PaymentsOfDividends`	$54.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$425.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-97.00M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-453.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$2.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-5.00M	USD	3 Qtrs
Net (decrease) increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$208.00M	USD	3 Qtrs
Net (decrease) increase in cash and equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$258.00M	USD	3 Qtrs
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$647.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$567.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$905.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$359.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$647.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$567.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$905.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$359.00M	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$191.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	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	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$321.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	USD	3 Qtrs
Dividends	`DividendsCommonStock`	$425.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	3 Qtrs
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-34.00M	USD	1 Quarter
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$27.00M	USD	1 Quarter
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00M	USD	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$191.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	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 27 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$143.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$321.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$187.00M	USD	3 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$325.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.00M	USD	3 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.00M	USD	3 Qtrs
Deferred (losses) gains on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-1.00M	USD	3 Qtrs
Deferred (losses) gains on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-3.00M	USD	1 Quarter
Deferred (losses) gains on derivative financial instruments	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$13.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-14.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-34.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$27.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$200.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$311.00M	USD	3 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$170.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$287.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	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
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$168.00M	USD	1 Quarter
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$286.00M	USD	1 Quarter
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$307.00M	USD	3 Qtrs
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$195.00M	USD	3 Qtrs

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