Goodwill and Intangible Assets (Tables)

9 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill for Each Reportable Segment

The following analysis details the changes in goodwill for each reportable segment:

	Recorded Music		Music Publishing		Total
	(in millions)
Balance at September 30, 2019	$	1,297	$	464	$	1,761
Acquisitions	—		—		—
Other adjustments	9		—		9
Balance at June 30, 2020	$	1,306	$	464	$	1,770

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(a)Other adjustments during the nine months ended June 30, 2020 represent foreign currency movements

Schedule of Indefinite Intangible Assets

Intangible assets consist of the following:

	Weighted-Average Useful Life	June 30, 2020		September 30, 2019
		(in millions)
Intangible assets subject to amortization:
Recorded music catalog	10 years	$	863	$	855
Music publishing copyrights	26 years	1,567		1,539
Artist and songwriter contracts	13 years	850		841
Trademarks	18 years	54		53
Other intangible assets	7 years	64		59
Total gross intangible asset subject to amortization		3,398		3,347
Accumulated amortization		(1,774)		(1,624)
Total net intangible assets subject to amortization		1,624		1,723
Intangible assets not subject to amortization:
Trademarks and tradenames	Indefinite	152		151
Total net intangible assets		$	1,776	$	1,874

Schedule of Finite-Lived Intangible Assets

Intangible assets consist of the following:

	Weighted-Average Useful Life	June 30, 2020		September 30, 2019
		(in millions)
Intangible assets subject to amortization:
Recorded music catalog	10 years	$	863	$	855
Music publishing copyrights	26 years	1,567		1,539
Artist and songwriter contracts	13 years	850		841
Trademarks	18 years	54		53
Other intangible assets	7 years	64		59
Total gross intangible asset subject to amortization		3,398		3,347
Accumulated amortization		(1,774)		(1,624)
Total net intangible assets subject to amortization		1,624		1,723
Intangible assets not subject to amortization:
Trademarks and tradenames	Indefinite	152		151
Total net intangible assets		$	1,776	$	1,874