v3.25.2
Condensed Consolidated Statements of Equity - USD ($)
$ in Millions
Total
Class A Common Stock
Class B Common Stock
Total Warner Music Group Corp. Equity
Common Stock
Class A Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Non-controlling Interest
Beginning balance (in shares) at Sep. 30, 2023         138,345,000 377,650,000        
Beginning balance at Sep. 30, 2023 $ 430     $ 307 $ 0 $ 1 $ 2,015 $ (1,387) $ (322) $ 123
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 430     394       394   36
Other comprehensive income (loss), net of tax 11     11         11  
Dividends (267)     (267)       (267)    
Stock-based compensation expense 43     43     43      
Distribution to noncontrolling interest holders (6)                 (6)
Acquisition of noncontrolling interests (1)                 (1)
Shares issued under the Plan (in shares)         1,738,000          
Exchange of Class B shares for Class A shares (in shares)         1,335,000 1,335,000        
Shares issued under Omnibus Incentive Plan (in shares)         185,000          
Shares issued under Omnibus Incentive Plan (5)     (5)     (5)      
Ending balance (in shares) at Jun. 30, 2024         141,603,000 376,315,000        
Ending balance at Jun. 30, 2024 635     483 $ 0 $ 1 2,053 (1,260) (311) 152
Beginning balance (in shares) at Mar. 31, 2024         141,596,000 376,315,000        
Beginning balance at Mar. 31, 2024 585     433 $ 0 $ 1 2,043 (1,310) (301) 152
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 141     139       139   2
Other comprehensive income (loss), net of tax (10)     (10)         (10)  
Dividends (89)     (89)       (89)    
Stock-based compensation expense 10     10     10      
Distribution to noncontrolling interest holders (1)                 (1)
Acquisition of noncontrolling interests (1)                 (1)
Shares issued under Omnibus Incentive Plan (in shares)         7,000          
Ending balance (in shares) at Jun. 30, 2024         141,603,000 376,315,000        
Ending balance at Jun. 30, 2024 635     483 $ 0 $ 1 2,053 (1,260) (311) 152
Beginning balance (in shares) at Sep. 30, 2024   142,559,000 375,380,000   142,559,000 375,380,000        
Beginning balance at Sep. 30, 2024 675     518 $ 0 $ 1 2,077 (1,313) (247) 157
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 261     256       256   5
Other comprehensive income (loss), net of tax 73     73         73  
Dividends (283)     (283)       (283)    
Stock-based compensation expense 49     49     49      
Distribution to noncontrolling interest holders (8)                 (8)
Acquisition of noncontrolling interests 74                 74
Vesting of restricted stock units, net of shares withheld for employee taxes (in shares)         801,000          
Vesting of restricted stock units, net of shares withheld for employee taxes (19)     (19)     (19)      
Shares issued under the Plan (in shares)         2,607,027          
Shares issued under Omnibus Incentive Plan (in shares)         800,748          
Common shares repurchased and retired (in shares)         (80,000)          
Common shares repurchased and retired (3)     (3)     (3)      
Other (7)     (2)     (2)     (5)
Ending balance (in shares) at Jun. 30, 2025   145,887,000 375,380,000   145,887,000 375,380,000        
Ending balance at Jun. 30, 2025 812     589 $ 0 $ 1 2,102 (1,340) (174) 223
Beginning balance (in shares) at Mar. 31, 2025         145,032,000 375,380,000        
Beginning balance at Mar. 31, 2025 790     567 $ 0 $ 1 2,088 (1,230) (292) 223
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (16)     (16)       (16)    
Other comprehensive income (loss), net of tax 118     118         118  
Dividends (94)     (94)       (94)    
Stock-based compensation expense 15     15     15      
Vesting of restricted stock units, net of shares withheld for employee taxes (in shares)         6,000          
Shares issued under the Plan (in shares)         869,009          
Shares issued under Omnibus Incentive Plan (in shares)         5,959          
Common shares repurchased and retired (in shares)         (20,000)          
Common shares repurchased and retired (1)     (1)     (1)      
Ending balance (in shares) at Jun. 30, 2025   145,887,000 375,380,000   145,887,000 375,380,000        
Ending balance at Jun. 30, 2025 $ 812     $ 589 $ 0 $ 1 $ 2,102 $ (1,340) $ (174) $ 223