Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2021	Sep. 30, 2020
Current assets:
Cash and equivalents	$ 588	$ 553
Accounts receivable, net of allowances of $24 million and $23 million	783	771
Inventories	79	79
Royalty advances expected to be recouped within one year	246	220
Prepaid and other current assets	60	55
Total current assets	1,756	1,678
Royalty advances expected to be recouped after one year	301	269
Property, plant and equipment, net	339	331
Operating lease right-of-use assets, net	267	273
Goodwill	1,842	1,831
Intangible assets subject to amortization, net	1,927	1,653
Intangible assets not subject to amortization	154	154
Deferred tax assets, net	42	68
Other assets	202	153
Total assets	6,830	6,410
Current liabilities:
Accounts payable	235	264
Accrued royalties	1,752	1,628
Accrued liabilities	315	382
Accrued interest	30	30
Operating lease liabilities, current	42	39
Deferred revenue	298	297
Other current liabilities	112	80
Total current liabilities	2,784	2,720
Long-term debt	3,354	3,104
Operating lease liabilities, noncurrent	288	299
Deferred tax liabilities, net	162	163
Other noncurrent liabilities	169	169
Total liabilities	6,757	6,455
Equity (deficit):
Additional paid-in capital	1,924	1,907
Accumulated deficit	(1,659)	(1,749)
Accumulated other comprehensive loss, net	(209)	(222)
Total Warner Music Group Corp. equity (deficit)	57	(63)
Noncontrolling interest	16	18
Total equity (deficit)	73	(45)
Total liabilities and equity (deficit)	6,830	6,410
Class A Common Stock
Equity (deficit):
Common stock	0	0
Class B Common Stock
Equity (deficit):
Common stock	$ 1	$ 1