2021 Q3 Form 10-K Financial Statement
#000131916121000036 Filed on November 23, 2021
Income Statement
Concept | 2021 Q3 | 2021 | 2020 Q3 |
---|---|---|---|
Revenue | $1.376B | $5.301B | $1.126B |
YoY Change | 22.2% | 18.78% | 0.18% |
Cost Of Revenue | $752.0M | $2.742B | $606.0M |
YoY Change | 24.09% | 17.53% | -5.16% |
Gross Profit | $624.0M | $2.559B | $520.0M |
YoY Change | 20.0% | 20.14% | 7.22% |
Gross Profit Margin | 45.35% | 48.27% | 46.18% |
Selling, General & Admin | $445.0M | $1.721B | $365.0M |
YoY Change | 21.92% | -20.65% | -10.54% |
% of Gross Profit | 71.31% | 67.25% | 70.19% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $79.00M | $306.0M | $67.00M |
YoY Change | 17.91% | 17.24% | 272.22% |
% of Gross Profit | 12.66% | 11.96% | 12.88% |
Operating Expenses | $524.0M | $1.721B | $432.0M |
YoY Change | 21.3% | -20.65% | 5.88% |
Operating Profit | $100.0M | $609.0M | $88.00M |
YoY Change | 13.64% | -365.94% | 203.45% |
Interest Expense | -$29.00M | -$122.0M | -$29.00M |
YoY Change | 0.0% | -3.94% | -14.71% |
% of Operating Profit | -29.0% | -20.03% | -32.95% |
Other Income/Expense, Net | -$9.000M | -$9.000M | -$45.00M |
YoY Change | -80.0% | -84.21% | -336.84% |
Pretax Income | $52.00M | $456.0M | -$20.00M |
YoY Change | -360.0% | -202.01% | -242.86% |
Income Tax | $22.00M | $149.0M | -$21.00M |
% Of Pretax Income | 42.31% | 32.68% | |
Net Earnings | $28.00M | $304.0M | -$1.000M |
YoY Change | -2900.0% | -164.0% | -101.11% |
Net Earnings / Revenue | 2.03% | 5.73% | -0.09% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $54.44K | $592.0K | -$1.961K |
COMMON SHARES | |||
Basic Shares Outstanding | |||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q3 | 2021 | 2020 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $499.0M | $499.0M | $553.0M |
YoY Change | -9.76% | -9.76% | -10.66% |
Cash & Equivalents | $499.0M | $499.0M | $553.0M |
Short-Term Investments | |||
Other Short-Term Assets | $459.0M | $459.0M | $275.0M |
YoY Change | 66.91% | 66.91% | 23.32% |
Inventory | $99.00M | $99.00M | $79.00M |
Prepaid Expenses | |||
Receivables | $839.0M | $839.0M | $771.0M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $1.896B | $1.896B | $1.678B |
YoY Change | 12.99% | 12.99% | -0.77% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $364.0M | $632.0M | $331.0M |
YoY Change | 9.97% | 4.64% | 10.33% |
Goodwill | $1.830B | $1.831B | |
YoY Change | -0.05% | 3.98% | |
Intangibles | $2.171B | $1.807B | |
YoY Change | 20.14% | -3.58% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | $194.0M | $682.0M | $153.0M |
YoY Change | 26.8% | 39.18% | 5.52% |
Total Long-Term Assets | $5.315B | $5.315B | $4.732B |
YoY Change | 12.32% | 12.32% | 9.39% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.896B | $1.896B | $1.678B |
Total Long-Term Assets | $5.315B | $5.315B | $4.732B |
Total Assets | $7.211B | $7.211B | $6.410B |
YoY Change | 12.5% | 12.5% | 6.53% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $302.0M | $302.0M | $264.0M |
YoY Change | 14.39% | 14.39% | 1.54% |
Accrued Expenses | $461.0M | $2.398B | $382.0M |
YoY Change | 20.68% | 15.34% | -22.36% |
Deferred Revenue | $348.0M | $297.0M | |
YoY Change | 17.17% | 65.0% | |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.150B | $3.150B | $2.720B |
YoY Change | 15.81% | 15.81% | -3.51% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $3.346B | $3.346B | $3.104B |
YoY Change | 7.8% | 7.8% | 4.37% |
Other Long-Term Liabilities | $175.0M | $462.0M | $169.0M |
YoY Change | 3.55% | -1.28% | -47.35% |
Total Long-Term Liabilities | $3.521B | $3.808B | $3.273B |
YoY Change | 7.58% | 6.61% | -0.67% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.150B | $3.150B | $2.720B |
Total Long-Term Liabilities | $3.521B | $3.808B | $3.273B |
Total Liabilities | $7.165B | $7.180B | $6.455B |
YoY Change | 11.0% | 10.92% | 2.69% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.710B | -$1.749B | |
YoY Change | -2.23% | 48.6% | |
Common Stock | $1.942B | $1.907B | |
YoY Change | 1.84% | 69.21% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $31.00M | $31.00M | -$63.00M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.211B | $7.211B | $6.410B |
YoY Change | 12.5% | 12.5% | 6.53% |
Cashflow Statement
Concept | 2021 Q3 | 2021 | 2020 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $28.00M | $304.0M | -$1.000M |
YoY Change | -2900.0% | -164.0% | -101.11% |
Depreciation, Depletion And Amortization | $79.00M | $306.0M | $67.00M |
YoY Change | 17.91% | 17.24% | 272.22% |
Cash From Operating Activities | $228.0M | $638.0M | $176.0M |
YoY Change | 29.55% | 37.8% | 16.56% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$57.00M | -$574.0M | -$49.00M |
YoY Change | 16.33% | 359.2% | 25.64% |
Acquisitions | $64.00M | ||
YoY Change | -31.91% | ||
Other Investing Activities | -$15.00M | -$64.00M | -$83.00M |
YoY Change | -81.93% | -31.91% | -2866.67% |
Cash From Investing Activities | -$72.00M | -$638.0M | -$132.0M |
YoY Change | -45.45% | 191.32% | 266.67% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $265.0M | ||
YoY Change | -22.97% | ||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -96.00M | -$61.00M | -28.00M |
YoY Change | 242.86% | -80.7% | -9.68% |
NET CHANGE | |||
Cash From Operating Activities | 228.0M | $638.0M | 176.0M |
Cash From Investing Activities | -72.00M | -$638.0M | -132.0M |
Cash From Financing Activities | -96.00M | -$61.00M | -28.00M |
Net Change In Cash | 60.00M | -$54.00M | 16.00M |
YoY Change | 275.0% | -18.18% | -80.95% |
FREE CASH FLOW | |||
Cash From Operating Activities | $228.0M | $638.0M | $176.0M |
Capital Expenditures | -$57.00M | -$574.0M | -$49.00M |
Free Cash Flow | $285.0M | $1.212B | $225.0M |
YoY Change | 26.67% | 106.12% | 18.42% |
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|
-142000000 | USD |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-9000000 | USD |
CY2020 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-57000000 | USD |
CY2019 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
60000000 | USD |
CY2020 | us-gaap |
Depreciation
Depreciation
|
71000000 | USD |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
456000000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-447000000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
267000000 | USD |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
149000000 | USD |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
23000000 | USD |
CY2019 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9000000 | USD |
CY2021 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
307000000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-470000000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
258000000 | USD |
CY2021 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3000000 | USD |
CY2020 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5000000 | USD |
CY2019 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | USD |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
304000000 | USD |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-475000000 | USD |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
256000000 | USD |
CY2021 | us-gaap |
Depreciation
Depreciation
|
77000000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-470000000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
258000000 | USD |
CY2019 | us-gaap |
Depreciation
Depreciation
|
61000000 | USD |
CY2021 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
307000000 | USD |
CY2021 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
7000000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
37000000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-34000000 | USD |
CY2021 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-12000000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
21000000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
11000000 | USD |
CY2021 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
-1000000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
-2000000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
|
5000000 | USD |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
20000000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
18000000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-50000000 | USD |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
327000000 | USD |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-452000000 | USD |
CY2019 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
208000000 | USD |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
3000000 | USD |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
5000000 | USD |
CY2019 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2000000 | USD |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
324000000 | USD |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-457000000 | USD |
CY2019 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
206000000 | USD |
CY2021 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
307000000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-470000000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
258000000 | USD |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
306000000 | USD |
CY2020 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
261000000 | USD |
CY2019 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
269000000 | USD |
CY2021 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-3000000 | USD |
CY2020 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-54000000 | USD |
CY2019 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
28000000 | USD |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
27000000 | USD |
CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-57000000 | USD |
CY2019 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-68000000 | USD |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-22000000 | USD |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-34000000 | USD |
CY2019 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-7000000 | USD |
CY2021 | wmg |
Gain Loss On Sale Of Business And Investments
GainLossOnSaleOfBusinessAndInvestments
|
-4000000 | USD |
CY2020 | wmg |
Gain Loss On Sale Of Business And Investments
GainLossOnSaleOfBusinessAndInvestments
|
2000000 | USD |
CY2019 | wmg |
Gain Loss On Sale Of Business And Investments
GainLossOnSaleOfBusinessAndInvestments
|
20000000 | USD |
CY2021 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
5000000 | USD |
CY2020 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
5000000 | USD |
CY2019 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
6000000 | USD |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
45000000 | USD |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
608000000 | USD |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
50000000 | USD |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
58000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-18000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
90000000 | USD |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
19000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-3000000 | USD |
CY2021 | us-gaap |
Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
|
332000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
|
108000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
|
110000000 | USD |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
91000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-32000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3000000 | USD |
CY2021 | us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
217000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
36000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
130000000 | USD |
CY2021 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-16000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-4000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
3000000 | USD |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-3000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-3000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
0 | USD |
CY2021 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
47000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
114000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-4000000 | USD |
CY2021 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
8000000 | USD |
CY2020 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-11000000 | USD |
CY2019 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
9000000 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
638000000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
463000000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
400000000 | USD |
CY2021 | wmg |
Payments To Acquire Music Rights
PaymentsToAcquireMusicRights
|
481000000 | USD |
CY2020 | wmg |
Payments To Acquire Music Rights
PaymentsToAcquireMusicRights
|
40000000 | USD |
CY2019 | wmg |
Payments To Acquire Music Rights
PaymentsToAcquireMusicRights
|
41000000 | USD |
CY2021 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
93000000 | USD |
CY2020 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
85000000 | USD |
CY2019 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
104000000 | USD |
CY2021 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
64000000 | USD |
CY2020 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
94000000 | USD |
CY2019 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
231000000 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-638000000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-219000000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-376000000 | USD |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
12000000 | USD |
CY2020 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
17000000 | USD |
CY2019 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
7000000 | USD |
CY2021 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
21000000 | USD |
CY2020 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
23000000 | USD |
CY2019 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
5000000 | USD |
CY2021 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
7000000 | USD |
CY2020 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
7000000 | USD |
CY2019 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
3000000 | USD |
CY2021 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
265000000 | USD |
CY2020 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
344000000 | USD |
CY2019 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
94000000 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-61000000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-316000000 | USD |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
88000000 | USD |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7000000 | USD |
CY2020 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6000000 | USD |
CY2019 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-7000000 | USD |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-54000000 | USD |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-66000000 | USD |
CY2019 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
105000000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
553000000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
258000000 | USD |
CY2020 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
7000000 | USD |
CY2020 | wmg |
Adjustments To Additional Paid In Capital Modification Of Long Term Incentive Plan
AdjustmentsToAdditionalPaidInCapitalModificationOfLongTermIncentivePlan
|
769000000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
619000000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
514000000 | USD |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
499000000 | USD |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
553000000 | USD |
CY2019Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
619000000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-320000000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-50000000 | USD |
CY2019 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
300000000 | USD |
CY2019 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
3000000 | USD |
CY2019 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
4000000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-269000000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-470000000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
18000000 | USD |
CY2020 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
137000000 | USD |
CY2020 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
11000000 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-45000000 | USD |
CY2021 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
307000000 | USD |
CY2021 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
20000000 | USD |
CY2021 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.51 | |
CY2021 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
265000000 | USD |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
35000000 | USD |
CY2021 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
7000000 | USD |
CY2021 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-1000000 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
46000000 | USD |
CY2021 | us-gaap |
Nature Of Operations
NatureOfOperations
|
Description of Business<div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Warner Music Group Corp. (the “Company”) was formed on November 21, 2003. The Company is the direct parent of WMG Holdings Corp. (“Holdings”), which is the direct parent of WMG Acquisition Corp. (“Acquisition Corp.”). Acquisition Corp. is one of the world’s major music entertainment companies.</span></div><div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Initial Public Offering</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 5, 2020, the Company completed an initial public offering (“IPO”) of Class A common stock of the Company, par value $0.001 per share (“Class A Common Stock”). The Company listed these shares on the NASDAQ stock market under the ticker symbol “WMG.” The offering consisted entirely of secondary shares sold by Access Industries, LLC (collectively with its affiliates, “Access”) and certain related selling stockholders.</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Following the completion of the IPO, Access and its affiliates continue to hold all of the Class B common stock of the Company, par value $0.001 per share (“Class B Common Stock”), representing approximately 98% of the total combined voting power of the Company’s outstanding common stock and approximately 76% of the economic interest. As a result, the Company is a “controlled company” within the meaning of the corporate governance standards of NASDAQ. See Item 1A. Risk Factors — Risks Related to Our Controlling Stockholder.</span></div><div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Recorded Music Operations</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our Recorded Music business primarily consists of the discovery and development of recording artists and the related marketing, promotion, distribution, sale and licensing of music created by such recording artists. We play an integral role in virtually all aspects of the recorded music value chain from discovering and developing talent to producing, distributing and selling music to marketing and promoting recording artists and their music.</span></div><div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Music Publishing Operations</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">While Recorded Music is focused on marketing, promoting, distributing and licensing a particular recording of a musical composition, Music Publishing is an intellectual property business focused on generating revenue from uses of the musical composition itself. In return for promoting, placing, marketing and administering the creative output of a songwriter, or engaging in those activities for other rightsholders, our Music Publishing business shares the revenues generated from use of the musical compositions with the songwriter or other rightsholders.</span></div> | |
CY2020Q1 | wmg |
Capital Stock Authorized
CapitalStockAuthorized
|
2100000000 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2020Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1.00 | |
CY2020Q1 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
477242.614671815 | |
CY2021 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and the accompanying notes. Actual results could differ from those estimates.</span></div> | |
CY2021 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="margin-top:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentration of Credit Risk</span></div><div style="margin-top:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Customer credit risk represents the potential for financial loss if a customer is unwilling or unable to meet its agreed upon contractual payment obligations. As of September 30, 2021 and September 30, 2020, Spotify represented 18% and 16%, respectively, of the Company’s accounts receivable balance. No other single customer accounted for more than 10% of accounts receivable in either period. The Company, by policy, routinely assesses the financial strength of its customers. As such, the Company does not believe there is any significant collection risk.</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the Music Publishing business, the Company collects a significant portion of its royalties from copyright collecting societies around the world. Collecting societies and associations generally are not-for-profit organizations that represent composers, songwriters and music publishers. These organizations seek to protect the rights of their members by licensing, collecting license fees and distributing royalties for the use of the members’ works. Accordingly, the Company does not believe there is any significant collection risk from such societies.</span></div> | |
CY2020Q3 | us-gaap |
Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
|
24000000 | USD |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
|
P4Y | |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
149000000 | USD |
CY2020 | us-gaap |
Advertising Expense
AdvertisingExpense
|
115000000 | USD |
CY2019 | us-gaap |
Advertising Expense
AdvertisingExpense
|
108000000 | USD |
CY2020 | us-gaap |
Dividends Cash
DividendsCash
|
75000000 | USD |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5301000000 | USD |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4463000000 | USD |
CY2019 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4475000000 | USD |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5301000000 | USD |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4463000000 | USD |
CY2019 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4475000000 | USD |
CY2021Q3 | us-gaap |
Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
|
23000000 | USD |
CY2021Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
20000000 | USD |
CY2020Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
23000000 | USD |
CY2021 | wmg |
Change In Contract With Customer Liability
ChangeInContractWithCustomerLiability
|
585000000 | USD |
CY2020 | wmg |
Change In Contract With Customer Liability
ChangeInContractWithCustomerLiability
|
527000000 | USD |
CY2021 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
232000000 | USD |
CY2020 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
157000000 | USD |
CY2021 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
64000000 | USD |
CY2020 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
42000000 | USD |
CY2019 | us-gaap |
Contract With Customer Performance Obligation Satisfied In Previous Period
ContractWithCustomerPerformanceObligationSatisfiedInPreviousPeriod
|
51000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
483000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
306000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
120000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
910000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
483000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
120000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
1000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
306000000 | USD |
CY2021Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
910000000 | USD |
CY2021 | wmg |
Changes In Accumulated Other Comprehensive Income Loss Net Of Related Tax
ChangesInAccumulatedOtherComprehensiveIncomeLossNetOfRelatedTax
|
4000000 | USD |
CY2019 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-50000000 | USD |
CY2020 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
18000000 | USD |
CY2021 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
20000000 | USD |
CY2021Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
783000000 | USD |
CY2020Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
686000000 | USD |
CY2021Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
419000000 | USD |
CY2020Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
355000000 | USD |
CY2021Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
364000000 | USD |
CY2020Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
331000000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P10Y | |
CY2021 | wmg |
Lessee Operating Lease Termination Period
LesseeOperatingLeaseTerminationPeriod
|
P1Y | |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
55000000 | USD |
CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
53000000 | USD |
CY2021 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
2000000 | USD |
CY2020 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
1000000 | USD |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
25000000 | USD |
CY2020 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
14000000 | USD |
CY2021 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
11000000 | USD |
CY2020 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
8000000 | USD |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
68000000 | USD |
CY2020 | us-gaap |
Lease Cost
LeaseCost
|
62000000 | USD |
CY2021 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
16000000 | USD |
CY2020 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
18000000 | USD |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
59000000 | USD |
CY2020 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
55000000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
268000000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
273000000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
43000000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
39000000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
287000000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
299000000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
330000000 | USD |
CY2020Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
338000000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y | |
CY2021Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0469 | |
CY2020Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0458 | |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
57000000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
56000000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
52000000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
50000000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
44000000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
136000000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
395000000 | USD |
CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
65000000 | USD |
CY2021Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
330000000 | USD |
CY2019Q3 | us-gaap |
Goodwill
Goodwill
|
1761000000 | USD |
CY2020 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
47000000 | USD |
CY2020 | us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
23000000 | USD |
CY2020Q3 | us-gaap |
Goodwill
Goodwill
|
1831000000 | USD |
CY2021 | wmg |
Goodwill Acquired During Period Including Purchase Accounting Adjustments
GoodwillAcquiredDuringPeriodIncludingPurchaseAccountingAdjustments
|
-7000000 | USD |
CY2021 | us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
6000000 | USD |
CY2021Q3 | us-gaap |
Goodwill
Goodwill
|
1830000000 | USD |
CY2020 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
47000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
4125000000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3500000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2108000000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1847000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2017000000 | USD |
CY2020Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1653000000 | USD |
CY2021Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2171000000 | USD |
CY2020Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1807000000 | USD |
CY2021 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
471000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
233000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
202000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
162000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
156000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
140000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
1124000000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2017000000 | USD |
CY2021Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3383000000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3127000000 | USD |
CY2021Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
37000000 | USD |
CY2020Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
23000000 | USD |
CY2021Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
3346000000 | USD |
CY2020Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
3104000000 | USD |
CY2021Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-12000000 | USD |
CY2021Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-10000000 | USD |
CY2021 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-122000000 | USD |
CY2020 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-127000000 | USD |
CY2019 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-142000000 | USD |
CY2021Q3 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.032 | |
CY2020Q3 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.037 | |
CY2019Q3 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.043 | |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
182000000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-655000000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
84000000 | USD |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
274000000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
208000000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
183000000 | USD |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
456000000 | USD |
CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-447000000 | USD |
CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
267000000 | USD |
CY2021 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
6000000 | USD |
CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
3000000 | USD |
CY2019 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | USD |
CY2021 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
31000000 | USD |
CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-28000000 | USD |
CY2019 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-49000000 | USD |
CY2021 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
107000000 | USD |
CY2020 | wmg |
Cash Withholding Taxes
CashWithholdingTaxes
|
15000000 | USD |
CY2020 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
74000000 | USD |
CY2019 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
74000000 | USD |
CY2021 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-5000000 | USD |
CY2020 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-28000000 | USD |
CY2019 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-18000000 | USD |
CY2021 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
9000000 | USD |
CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
3000000 | USD |
CY2019 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
3000000 | USD |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
1000000 | USD |
CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-1000000 | USD |
CY2019 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-1000000 | USD |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
149000000 | USD |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
23000000 | USD |
CY2019 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9000000 | USD |
CY2021 | wmg |
Cash Withholding Taxes
CashWithholdingTaxes
|
26000000 | USD |
CY2019 | wmg |
Cash Withholding Taxes
CashWithholdingTaxes
|
17000000 | USD |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
96000000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-94000000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
56000000 | USD |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
10000000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
2000000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
2000000 | USD |
CY2021 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
34000000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
10000000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
16000000 | USD |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
2000000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1000000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1000000 | USD |
CY2021 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
6000000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
38000000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
65000000 | USD |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
10000000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
4000000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-4000000 | USD |
CY2021 | wmg |
Effective Income Tax Rate Reconciliation Foreign Intangible Income Amount
EffectiveIncomeTaxRateReconciliationForeignIntangibleIncomeAmount
|
-4000000 | USD |
CY2020 | wmg |
Effective Income Tax Rate Reconciliation Foreign Intangible Income Amount
EffectiveIncomeTaxRateReconciliationForeignIntangibleIncomeAmount
|
2000000 | USD |
CY2019 | wmg |
Effective Income Tax Rate Reconciliation Foreign Intangible Income Amount
EffectiveIncomeTaxRateReconciliationForeignIntangibleIncomeAmount
|
-4000000 | USD |
CY2021 | wmg |
Income Tax Reconciliation Foreign Currency Losses On Intra Entity Loans
IncomeTaxReconciliationForeignCurrencyLossesOnIntraEntityLoans
|
0 | USD |
CY2020 | wmg |
Income Tax Reconciliation Foreign Currency Losses On Intra Entity Loans
IncomeTaxReconciliationForeignCurrencyLossesOnIntraEntityLoans
|
-22000000 | USD |
CY2019 | wmg |
Income Tax Reconciliation Foreign Currency Losses On Intra Entity Loans
IncomeTaxReconciliationForeignCurrencyLossesOnIntraEntityLoans
|
0 | USD |
CY2021 | wmg |
Income Tax Reconciliation Executive Compensation
IncomeTaxReconciliationExecutiveCompensation
|
-2000000 | USD |
CY2020 | wmg |
Income Tax Reconciliation Executive Compensation
IncomeTaxReconciliationExecutiveCompensation
|
-2000000 | USD |
CY2019 | wmg |
Income Tax Reconciliation Executive Compensation
IncomeTaxReconciliationExecutiveCompensation
|
0 | USD |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
3000000 | USD |
CY2020 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
112000000 | USD |
CY2019 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
6000000 | USD |
CY2021 | wmg |
Income Tax Reconciliation Other Deductions And Nondeductible Expenses
IncomeTaxReconciliationOtherDeductionsAndNondeductibleExpenses
|
2000000 | USD |
CY2020 | wmg |
Income Tax Reconciliation Other Deductions And Nondeductible Expenses
IncomeTaxReconciliationOtherDeductionsAndNondeductibleExpenses
|
0 | USD |
CY2019 | wmg |
Income Tax Reconciliation Other Deductions And Nondeductible Expenses
IncomeTaxReconciliationOtherDeductionsAndNondeductibleExpenses
|
1000000 | USD |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
149000000 | USD |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
23000000 | USD |
CY2019 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9000000 | USD |
CY2021 | wmg |
Effective Income Tax Rate Reconciliation Foreign Intangible Income Amount
EffectiveIncomeTaxRateReconciliationForeignIntangibleIncomeAmount
|
-4000000 | USD |
CY2020 | wmg |
Income Tax Benefit Related To Release Of Valuation Allowance
IncomeTaxBenefitRelatedToReleaseOfValuationAllowance
|
25000000 | USD |
CY2019 | us-gaap |
Tax Cuts And Jobs Act Of2017 Change In Tax Rate Deferred Tax Asset Income Tax Expense
TaxCutsAndJobsActOf2017ChangeInTaxRateDeferredTaxAssetIncomeTaxExpense
|
59000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
25000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
30000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
|
78000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
|
80000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
|
14000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
|
19000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
135000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
168000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
3000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
22000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
255000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
319000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
38000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
45000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
217000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
274000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
393000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
369000000 | USD |
CY2021Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
393000000 | USD |
CY2020Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
369000000 | USD |
CY2021Q3 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
176000000 | USD |
CY2020Q3 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
95000000 | USD |
CY2021Q3 | us-gaap |
Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
|
259000000 | USD |
CY2021Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
4000000 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
4000000 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
12000000 | USD |
CY2019Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
12000000 | USD |
CY2018Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
18000000 | USD |
CY2018Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
18000000 | USD |
CY2021 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
3000000 | USD |
CY2021 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
3000000 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
3000000 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
3000000 | USD |
CY2019 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
1000000 | USD |
CY2019 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
1000000 | USD |
CY2021 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
3000000 | USD |
CY2021 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
3000000 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
3000000 | USD |
CY2020 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
3000000 | USD |
CY2019 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
7000000 | USD |
CY2019 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
7000000 | USD |
CY2021Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
12000000 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
12000000 | USD |
CY2019Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
12000000 | USD |
CY2021Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
12000000 | USD |
CY2020Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
12000000 | USD |
CY2021 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
2000000 | USD |
CY2021Q3 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
83000000 | USD |
CY2021Q3 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
0 | USD |
CY2020Q3 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
83000000 | USD |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
|
23.82 | |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
|
3.13 | |
CY2021Q3 | us-gaap |
Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
|
58000000 | USD |
CY2020Q3 | us-gaap |
Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
|
57000000 | USD |
CY2021Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
4000000 | USD |
CY2021 | us-gaap |
Pension Expense
PensionExpense
|
4000000 | USD |
CY2020 | us-gaap |
Pension Expense
PensionExpense
|
4000000 | USD |
CY2019 | us-gaap |
Pension Expense
PensionExpense
|
4000000 | USD |
CY2021 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
9000000 | USD |
CY2020 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
8000000 | USD |
CY2019 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
6000000 | USD |
CY2017Q4 | wmg |
Number Of Additional Employees To Participate In Plan
NumberOfAdditionalEmployeesToParticipateInPlan
|
2 | employee |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P2Y | |
CY2020Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
14000000 | USD |
CY2019Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
16000000 | USD |
CY2021 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y | |
CY2020 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
608000000 | USD |
CY2021 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
537000000 | USD |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
45000000 | USD |
CY2021 | wmg |
Free Cash Flow Compensation Expense
FreeCashFlowCompensationExpense
|
5000000 | USD |
CY2020 | wmg |
Free Cash Flow Compensation Expense
FreeCashFlowCompensationExpense
|
16000000 | USD |
CY2020 | us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
1000000 | USD |
CY2019 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
50000000 | USD |
CY2019 | wmg |
Free Cash Flow Compensation Expense
FreeCashFlowCompensationExpense
|
15000000 | USD |
CY2019 | us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
7000000 | USD |
CY2020 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
442000000 | USD |
CY2021Q3 | us-gaap |
Other Commitment
OtherCommitment
|
23000000 | USD |
CY2020Q3 | us-gaap |
Other Commitment
OtherCommitment
|
12000000 | USD |
CY2021 | us-gaap |
Maximum Length Of Time Hedged In Interest Rate Cash Flow Hedge1
MaximumLengthOfTimeHedgedInInterestRateCashFlowHedge1
|
P3Y | |
CY2021Q3 | wmg |
Deferred Gains Losses In Comprehensive Loss Related To Foreign Exchange Hedging
DeferredGainsLossesInComprehensiveLossRelatedToForeignExchangeHedging
|
0 | USD |
CY2020Q3 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
0 | USD |
CY2020Q3 | wmg |
Deferred Gains Losses In Comprehensive Loss Related To Foreign Exchange Hedging
DeferredGainsLossesInComprehensiveLossRelatedToForeignExchangeHedging
|
0 | USD |
CY2021 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | segment |
CY2021 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5301000000 | USD |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
609000000 | USD |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
229000000 | USD |
CY2021 | us-gaap |
Depreciation
Depreciation
|
77000000 | USD |
CY2021 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
915000000 | USD |
CY2021Q3 | us-gaap |
Assets
Assets
|
7211000000 | USD |
CY2021 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
93000000 | USD |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4463000000 | USD |
CY2021Q3 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
632000000 | USD |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-229000000 | USD |
CY2020 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
190000000 | USD |
CY2020 | us-gaap |
Depreciation
Depreciation
|
71000000 | USD |
CY2020 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
32000000 | USD |
CY2020Q3 | us-gaap |
Assets
Assets
|
6410000000 | USD |
CY2020 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
85000000 | USD |
CY2019 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4475000000 | USD |
CY2019 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
356000000 | USD |
CY2019 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
208000000 | USD |
CY2019 | us-gaap |
Depreciation
Depreciation
|
61000000 | USD |
CY2019 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
625000000 | USD |
CY2019 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
104000000 | USD |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5301000000 | USD |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4463000000 | USD |
CY2020Q3 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
604000000 | USD |
CY2019 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
4475000000 | USD |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
137000000 | USD |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
128000000 | USD |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
138000000 | USD |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
124000000 | USD |
CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
81000000 | USD |
CY2019 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
63000000 | USD |
CY2021 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
265000000 | USD |
CY2020 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
344000000 | USD |
CY2019 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
94000000 | USD |
CY2021Q3 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
22000000 | USD |
CY2020Q3 | us-gaap |
Fair Value Net Asset Liability
FairValueNetAssetLiability
|
3000000 | USD |
CY2021 | us-gaap |
Debt And Equity Securities Unrealized Gain Loss
DebtAndEquitySecuritiesUnrealizedGainLoss
|
17000000 | USD |