Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2017	Sep. 30, 2016
Current assets:
Cash and equivalents	$ 647	$ 359
Accounts receivable, net of allowances of $50 million and $52 million	404	329
Inventories	39	41
Royalty advances expected to be recouped within one year	141	128
Prepaid and other current assets	44	51
Total current assets	1,275	908
Royalty advances expected to be recouped after one year	172	196
Property, plant and equipment, net	213	203
Goodwill	1,685	1,627
Intangible assets subject to amortization, net	2,090	2,201
Intangible assets not subject to amortization	117	116
Deferred tax assets, net	97	2
Other assets	69	82
Total assets	5,718	5,335
Current liabilities:
Accounts payable	208	204
Accrued royalties	1,263	1,104
Accrued liabilities	365	297
Accrued interest	41	38
Deferred revenue	197	178
Other current liabilities	26	21
Total current liabilities	2,100	1,842
Long-term debt	2,811	2,778
Deferred tax liabilities, net	190	269
Other noncurrent liabilities	309	236
Total liabilities	5,410	5,125
Equity:
Common stock ($0.001 par value; 10,000 shares authorized; 1,055 shares issued and outstanding)	0	0
Additional paid-in capital	1,128	1,128
Accumulated deficit	(654)	(715)
Accumulated other comprehensive loss, net	(181)	(218)
Total Warner Music Group Corp. equity	293	195
Noncontrolling interest	15	15
Total equity	308	210
Total liabilities and equity	$ 5,718	$ 5,335