Segment Information (Tables)

3 Months Ended

Dec. 31, 2013

Schedule of Segment Information

The accounting policies of the Company’s business segments are the same as those described in the summary of significant accounting policies included in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2013. The Company accounts for intersegment sales at fair value as if the sales were to third parties. While inter-company transactions are treated like third-party transactions to determine segment performance, the revenues (and corresponding expenses recognized by the segment that is counterparty to the transaction) are eliminated in consolidation, and therefore, do not themselves impact consolidated results. Segment information consists of the following:

Three Months Ended	Recorded music			Music publishing			Corporate expenses and eliminations			Total
	(in millions)
December 31, 2013
Revenues	$	691		$	128		$	(4	)	$	815
OIBDA		93			19			(19	)		93
Depreciation of property, plant and equipment		(8	)		(1	)		(3	)		(12	)
Amortization of intangible assets		(50	)		(16	)		—			(66	)
Operating income (loss)	$	35		$	2		$	(22	)	$	15
December 31, 2012
Revenues	$	657		$	116		$	(4	)	$	769
OIBDA		114			16			(18	)		112
Depreciation of property, plant and equipment		(7	)		(2	)		(4	)		(13	)
Amortization of intangible assets		(33	)		(15	)		—			(48	)
Operating income (loss)	$	74		$	(1	)	$	(22	)	$	51