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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Sep. 30, 2017
Current assets:    
Cash and equivalents $ 612 $ 647
Redemption deposit 119  
Accounts receivable, net of allowances of $49 million and $50 million 427 404
Inventories 39 39
Royalty advances expected to be recouped within one year 148 141
Prepaid and other current assets 62 44
Total current assets 1,407 1,275
Royalty advances expected to be recouped after one year 181 172
Property, plant and equipment, net 214 213
Goodwill 1,696 1,685
Intangible assets subject to amortization, net 2,037 2,090
Intangible assets not subject to amortization 118 117
Deferred tax assets, net 52 97
Other assets 77 69
Total assets 5,782 5,718
Current liabilities:    
Accounts payable 203 208
Accrued royalties 1,358 1,263
Accrued liabilities 340 365
Accrued interest 27 41
Deferred revenue 197 197
Current portion of long-term debt 111  
Other current liabilities 37 26
Total current liabilities 2,273 2,100
Long-term debt 2,836 2,811
Deferred tax liabilities, net 194 190
Other noncurrent liabilities 274 309
Total liabilities 5,577 5,410
Equity:    
Common stock ($0.001 par value; 10,000 shares authorized; 1,052 shares issued and outstanding) 0 0
Additional paid-in capital 1,128 1,128
Accumulated deficit (778) (654)
Accumulated other comprehensive loss, net (161) (181)
Total Warner Music Group Corp. equity 189 293
Noncontrolling interest 16 15
Total equity 205 308
Total liabilities and equity $ 5,782 $ 5,718