10-Q Filing

WARNER MUSIC GROUP CORP. CIK: 1319161 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-016208`
Period End Date	20190331
Filing Date	20190507
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	wmg-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 57 Cash Flow Statement 69 Stockholders Equity 33 Comprehensive Income 26

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$45.00M	USD	Point-in-time
Accounts receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$20.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$514.00M	USD	Point-in-time
Cash and equivalents	`CashAndCashEquivalentsAtCarryingValue`	$470.00M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10,000.00	shares	Point-in-time
Accounts receivable, net of allowances of $20 million and $45 million	`AccountsReceivableNetCurrent`	$781.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,060.00	shares	Point-in-time
Accounts receivable, net of allowances of $20 million and $45 million	`AccountsReceivableNetCurrent`	$447.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1,060.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1,052.00	shares	Point-in-time
Inventories	`InventoryNet`	$42.00M	USD	Point-in-time
Inventories	`InventoryNet`	$65.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$151.00M	USD	Point-in-time
Royalty advances expected to be recouped within one year	`AdvanceRoyaltiesCurrent`	$123.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$50.00M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$57.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.18B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.52B	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$184.00M	USD	Point-in-time
Royalty advances expected to be recouped after one year	`AdvanceRoyaltiesNoncurrent`	$153.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$295.00M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$229.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.69B	USD	Point-in-time
Goodwill	`Goodwill`	$1.79B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$1.80B	USD	Point-in-time
Intangible assets subject to amortization, net	`FiniteLivedIntangibleAssetsNet`	$1.85B	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$153.00M	USD	Point-in-time
Intangible assets not subject to amortization	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$154.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$7.00M	USD	Point-in-time
Deferred tax assets, net	`DeferredTaxAssetsLiabilitiesNetNoncurrent`	$11.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$78.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$150.00M	USD	Point-in-time
Total assets	`Assets`	$5.34B	USD	Point-in-time
Total assets	`Assets`	$5.90B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$281.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$245.00M	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.51B	USD	Point-in-time
Accrued royalties	`AccruedRoyaltiesCurrent`	$1.40B	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$423.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$409.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$32.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$31.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$170.00M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$208.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$153.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$34.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.37B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.52B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.99B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.82B	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$165.00M	USD	Point-in-time
Deferred tax liabilities, net	`DeferredTaxLiabilitiesNoncurrent`	$230.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$307.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$284.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.02B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.66B	USD	Point-in-time
Common stock ($0.001 par value; 10,000 shares authorized; 1,060 and 1,052 shares issued and outstanding at March 31, 2019 and September 30, 2018, respectively)	`CommonStockValue`	-	USD	Point-in-time
Common stock ($0.001 par value; 10,000 shares authorized; 1,060 and 1,052 shares issued and outstanding at March 31, 2019 and September 30, 2018, respectively)	`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`	$-1.27B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.04B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-190.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-225.00M	USD	Point-in-time
Total Warner Music Group Corp. deficit	`StockholdersEquity`	$-140.00M	USD	Point-in-time
Total Warner Music Group Corp. deficit	`StockholdersEquity`	$-334.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$20.00M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-139.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$321.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$205.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.90B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.34B	USD	Point-in-time

Income Statement 57 line items

Line Item	Tag	Value	Unit	Period
Depreciation expense	`Depreciation`	$14.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$14.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.01B	USD	2 Qtrs
Depreciation expense	`Depreciation`	$28.00M	USD	2 Qtrs
Depreciation expense	`Depreciation`	$26.00M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.29B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.09B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$963.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$488.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.19B	USD	2 Qtrs
Cost of revenue	`CostOfGoodsAndServicesSold`	$559.00M	USD	1 Quarter
Cost of revenue	`CostOfGoodsAndServicesSold`	$1.06B	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$337.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$730.00M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$354.00M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$670.00M	USD	2 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$55.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$55.00M	USD	1 Quarter
Amortization expense	`AmortizationOfIntangibleAssets`	$109.00M	USD	2 Qtrs
Amortization expense	`AmortizationOfIntangibleAssets`	$108.00M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$2.02B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$968.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$880.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$1.83B	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$122.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$269.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$173.00M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$83.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-23.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-24.00M	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
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-72.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$29.00M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$57.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-2.00M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-6.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$251.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$115.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$75.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$98.00M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$19.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$48.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$71.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$153.00M	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`	$-3.00M	USD	1 Quarter
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$153.00M	USD	2 Qtrs
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$67.00M	USD	1 Quarter
Net income (loss) attributable to Warner Music Group Corp.	`NetIncomeLoss`	$1.00M	USD	2 Qtrs

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Net income	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$153.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$134.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$137.00M	USD	2 Qtrs
Unrealized (gains) losses and remeasurement of foreign denominated loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$24.00M	USD	2 Qtrs
Unrealized (gains) losses and remeasurement of foreign denominated loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-11.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$27.00M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$38.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-3.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-23.00M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-24.00M	USD	2 Qtrs
Net gain on divestitures and investments	`GainLossOnSaleOfBusinessAndInvestments`	$32.00M	USD	2 Qtrs
Net gain 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`	$3.00M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$14.00M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$27.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$90.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$15.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-1.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-13.00M	USD	2 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$12.00M	USD	2 Qtrs
Royalty advances	`IncreaseDecreaseInPrepaidRoyalties`	$61.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-100.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-100.00M	USD	2 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$46.00M	USD	2 Qtrs
Royalty payables	`IncreaseDecreaseInRoyaltiesPayable`	$68.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-14.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-19.00M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-16.00M	USD	2 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$10.00M	USD	2 Qtrs
Other balance sheet changes	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-28.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$136.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$99.00M	USD	2 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$5.00M	USD	2 Qtrs
Acquisition of music publishing rights, net	`PaymentsToAcquireIntangibleAssets`	$16.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$29.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$59.00M	USD	2 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$6.00M	USD	2 Qtrs
Investments and acquisitions of businesses, net of cash received	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$218.00M	USD	2 Qtrs
Proceeds from the sale of investments	`ProceedsFromSaleOfEquityMethodInvestments`	$12.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-28.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-293.00M	USD	2 Qtrs
Proceeds from supplement of Acquisition Corp. Senior Term Loan Facility	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$320.00M	USD	2 Qtrs
Call premiums paid and deposit on early redemption of debt	`CallPremiumsPaidAndDepositOnEarlyRedemptionOfDebt`	$23.00M	USD	2 Qtrs
Call premiums paid and deposit on early redemption of debt	`CallPremiumsPaidAndDepositOnEarlyRedemptionOfDebt`	$2.00M	USD	2 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$9.00M	USD	2 Qtrs
Deferred financing costs paid	`PaymentsOfDebtIssuanceCosts`	$4.00M	USD	2 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$2.00M	USD	2 Qtrs
Distribution to noncontrolling interest holder	`PaymentsToMinorityShareholders`	$2.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$31.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$125.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-149.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$151.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$-1.00M	USD	2 Qtrs
Effect of exchange rate changes on cash and equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$6.00M	USD	2 Qtrs
Net decrease in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-35.00M	USD	2 Qtrs
Net decrease in cash and equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-44.00M	USD	2 Qtrs
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$470.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$647.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$612.00M	USD	Point-in-time
Cash and equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$514.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$470.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$647.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$612.00M	USD	Point-in-time
Cash and equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$514.00M	USD	Point-in-time

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-139.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$321.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$205.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	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
Cumulative effect of ASC 606 adoption	`CumulativeEffectOnRetainedEarningsNetOfTax1`	$150.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$153.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-35.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$10.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$20.00M	USD	2 Qtrs
Dividends	`DividendsCommonStock`	$125.00M	USD	2 Qtrs
Dividends	`DividendsCommonStock`	$63.00M	USD	2 Qtrs
Dividends	`DividendsCommonStock`	$32.00M	USD	1 Quarter
Dividends	`DividendsCommonStock`	$125.00M	USD	1 Quarter
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	2 Qtrs
Distribution to noncontrolling interest holders	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-3.00M	USD	2 Qtrs
Other	`StockholdersEquityOther`	$-3.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-139.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-120.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$321.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$205.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$308.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-320.00M	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 26 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$4.00M	USD	2 Qtrs
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-1.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$67.00M	USD	1 Quarter
Net income (loss)	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$153.00M	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-10.00M	USD	1 Quarter
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$18.00M	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.00M	USD	2 Qtrs
Foreign currency adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$9.00M	USD	1 Quarter
Deferred (loss) gain on derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-9.00M	USD	2 Qtrs
Deferred (loss) gain on derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$2.00M	USD	2 Qtrs
Deferred (loss) gain on derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.00M	USD	1 Quarter
Deferred (loss) gain on derivative	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-3.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-35.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$10.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$20.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$118.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$54.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.00M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.00M	USD	2 Qtrs
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.00M	USD	1 Quarter
Less: Income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.00M	USD	2 Qtrs
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$7.00M	USD	1 Quarter
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$118.00M	USD	2 Qtrs
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$21.00M	USD	2 Qtrs
Comprehensive income attributable to Warner Music Group Corp.	`ComprehensiveIncomeNetOfTax`	$54.00M	USD	1 Quarter

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