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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Sep. 30, 2019
Current assets:    
Cash and equivalents $ 484 $ 619
Accounts receivable, net of allowances of $21 million and $17 million 763 775
Inventories 65 74
Royalty advances expected to be recouped within one year 189 170
Prepaid and other current assets 82 53
Total current assets 1,583 1,691
Royalty advances expected to be recouped after one year 232 208
Property, plant and equipment, net 294 300
Operating lease right-of-use assets, net 281  
Goodwill 1,761 1,761
Intangible assets subject to amortization, net 1,644 1,723
Intangible assets not subject to amortization 151 151
Deferred tax assets, net 55 38
Other assets 123 145
Total assets 6,124 6,017
Current liabilities:    
Accounts payable 246 260
Accrued royalties 1,591 1,567
Accrued liabilities 564 492
Accrued interest 34 34
Operating lease liabilities, current 39  
Deferred revenue 167 180
Other current liabilities 91 286
Total current liabilities 2,732 2,819
Long-term debt 2,983 2,974
Operating lease liabilities, noncurrent 312 0
Deferred tax liabilities, net 154 172
Other noncurrent liabilities 228 321
Total liabilities 6,409 6,286
Equity:    
Additional paid-in capital 1,127 1,127
Accumulated deficit (1,166) (1,177)
Accumulated other comprehensive loss, net (268) (240)
Total Warner Music Group Corp. deficit (306) (289)
Noncontrolling interest 21 20
Total deficit (285) (269)
Total liabilities and deficit 6,124 6,017
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1