Revenue Recognition (Tables)

12 Months Ended

Sep. 30, 2022

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:

	Fiscal Year Ended September 30,
	2022		2021		2020
	(in millions)
Revenue by Type
Digital	$	3,305	$	3,105	$	2,568
Physical	563		549		434
Total Digital and Physical	3,868		3,654		3,002
Artist services and expanded-rights	767		599		525
Licensing	331		291		283
Total Recorded Music	4,966		4,544		3,810
Performance	159		122		142
Digital	563		436		337
Mechanical	50		49		48
Synchronization	172		144		119
Other	14		10		11
Total Music Publishing	958		761		657
Intersegment eliminations	(5)		(4)		(4)
Total Revenues	$	5,919	$	5,301	$	4,463
Revenue by Geographical Location
U.S. Recorded Music	$	2,231	$	1,985	$	1,609
U.S. Music Publishing	513		378		325
Total U.S.	2,744		2,363		1,934
International Recorded Music	2,735		2,559		2,201
International Music Publishing	445		383		332
Total International	3,180		2,942		2,533
Intersegment eliminations	(5)		(4)		(4)
Total Revenues	$	5,919	$	5,301	$	4,463

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 September 30, 2022 are as follows:

	FY23		FY24		FY25		Thereafter		Total
	(in millions)
Remaining performance obligations	$	625	$	275	$	2	$	1	$	903
Total	$	625	$	275	$	2	$	1	$	903