v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2026
Sep. 30, 2025
Current assets:    
Cash and equivalents $ 618 $ 532
Accounts receivable, net of allowances of $27 million and $27 million 1,607 1,340
Inventories 69 62
Royalty advances expected to be recouped within one year 671 581
Assets held for sale 68 89
Prepaid and other current assets 227 166
Total current assets 3,260 2,770
Royalty advances expected to be recouped after one year 1,118 1,079
Property, plant and equipment, net of accumulated depreciation of $777 million and $701 million 416 441
Operating lease right-of-use assets, net 163 189
Goodwill 2,126 2,061
Intangible assets subject to amortization, net 3,098 2,725
Intangible assets not subject to amortization 153 154
Deferred tax assets, net 58 111
Other assets 335 299
Total assets 10,727 9,829
Current liabilities:    
Accounts payable 354 257
Accrued royalties 3,030 2,740
Accrued liabilities 494 666
Accrued interest 40 31
Operating lease liabilities, current 44 43
Deferred revenue 330 286
Liabilities held for sale 39 49
Other current liabilities 112 129
Total current liabilities 4,443 4,201
Acquisition Corp. long-term debt 4,044 4,063
Other long-term debt 666 302
Operating lease liabilities, noncurrent 165 200
Deferred tax liabilities, net 184 164
Other noncurrent liabilities 139 142
Total liabilities 9,641 9,072
Redeemable noncontrolling interest 133 0
Equity:    
Additional paid-in capital 2,141 2,166
Accumulated deficit (1,068) (1,331)
Accumulated other comprehensive loss, net (220) (189)
Total Warner Music Group Corp. equity 854 647
Noncontrolling interest 99 110
Total equity 953 757
Total liabilities, redeemable noncontrolling interest and equity 10,727 9,829
Class A Common Stock    
Equity:    
Common stock 0 0
Class B Common Stock    
Equity:    
Common stock $ 1 $ 1