Revenue Recognition (Tables)

9 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenue

The Company’s revenue consists of the following categories, which aggregate into the segments – Recorded Music and Music Publishing:

	Three Months Ended June 30,				Nine Months Ended June 30,
	2021		2020		2021		2020
	(in millions)
Revenue by Type
Digital	$	815	$	630	$	2,298	$	1,889
Physical	130		51		422		329
Total Digital and Physical	945		681		2,720		2,218
Artist services and expanded-rights	133		124		431		427
Licensing	74		56		221		207
Total Recorded Music	1,152		861		3,372		2,852
Performance	27		27		92		114
Digital	113		90		316		237
Mechanical	13		8		36		38
Synchronization	34		22		105		92
Other	2		2		7		7
Total Music Publishing	189		149		556		488
Intersegment eliminations	(1)		—		(3)		(3)
Total Revenues	$	1,340	$	1,010	$	3,925	$	3,337
Revenue by Geographical Location
U.S. Recorded Music	$	504	$	358	$	1,454	$	1,191
U.S. Music Publishing	90		74		277		242
Total U.S.	594		432		1,731		1,433
International Recorded Music	648		503		1,918		1,661
International Music Publishing	99		75		279		246
Total International	747		578		2,197		1,907
Intersegment eliminations	(1)		—		(3)		(3)
Total Revenues	$	1,340	$	1,010	$	3,925	$	3,337

Summary of Revenues Expected to be Recognized in Future Related to Performance Obligations

Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at June 30, 2021 are as follows:

	Rest of FY21		FY22		FY23		Thereafter		Total
	(in millions)
Remaining performance obligations	$	283	$	270	$	119	$	15	$	687
Total	$	283	$	270	$	119	$	15	$	687