2013 Q4 Form 10-Q Financial Statement
#000156459014000160 Filed on February 06, 2014
Income Statement
| Concept | 2013 Q4 | 2012 Q4 |
|---|---|---|
| Revenue | $815.0M | $769.0M |
| YoY Change | 5.98% | -0.77% |
| Cost Of Revenue | $441.0M | $407.0M |
| YoY Change | 8.35% | -3.1% |
| Gross Profit | $374.0M | $362.0M |
| YoY Change | 3.31% | 1.97% |
| Gross Profit Margin | 45.89% | 47.07% |
| Selling, General & Admin | $293.0M | $263.0M |
| YoY Change | 11.41% | -1.87% |
| % of Gross Profit | 78.34% | 72.65% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $78.00M | $61.00M |
| YoY Change | 27.87% | 1.67% |
| % of Gross Profit | 20.86% | 16.85% |
| Operating Expenses | $293.0M | $263.0M |
| YoY Change | 11.41% | -1.87% |
| Operating Profit | $15.00M | $51.00M |
| YoY Change | -70.59% | 30.77% |
| Interest Expense | $55.00M | $53.00M |
| YoY Change | 3.77% | -7.02% |
| % of Operating Profit | 366.67% | 103.92% |
| Other Income/Expense, Net | -$4.000M | -$5.000M |
| YoY Change | -20.0% | 150.0% |
| Pretax Income | -$44.00M | -$90.00M |
| YoY Change | -51.11% | 350.0% |
| Income Tax | -$8.000M | -$11.00M |
| % Of Pretax Income | ||
| Net Earnings | -$37.00M | -$80.00M |
| YoY Change | -53.75% | 207.69% |
| Net Earnings / Revenue | -4.54% | -10.4% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$72.55K | |
| COMMON SHARES | ||
| Basic Shares Outstanding | 1.055K shares | 1.000K shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2013 Q4 | 2012 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $129.0M | $189.0M |
| YoY Change | -31.75% | 12.5% |
| Cash & Equivalents | $129.0M | $189.0M |
| Short-Term Investments | ||
| Other Short-Term Assets | $209.0M | $52.00M |
| YoY Change | 301.92% | -78.24% |
| Inventory | $34.00M | $27.00M |
| Prepaid Expenses | ||
| Receivables | $566.0M | $418.0M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $938.0M | $869.0M |
| YoY Change | 7.94% | 1.4% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $181.0M | $147.0M |
| YoY Change | 23.13% | -16.95% |
| Goodwill | $1.384B | |
| YoY Change | ||
| Intangibles | $3.194B | |
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $298.0M | $82.00M |
| YoY Change | 263.41% | -66.94% |
| Total Long-Term Assets | $5.350B | $4.330B |
| YoY Change | 23.56% | -4.1% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $938.0M | $869.0M |
| Total Long-Term Assets | $5.350B | $4.330B |
| Total Assets | $6.288B | $5.199B |
| YoY Change | 20.95% | -3.22% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $246.0M | $149.0M |
| YoY Change | 65.1% | 9.56% |
| Accrued Expenses | $1.549B | $215.0M |
| YoY Change | 620.47% | -83.44% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $68.00M | $30.00M |
| YoY Change | 126.67% | |
| Total Short-Term Liabilities | $2.076B | $1.641B |
| YoY Change | 26.51% | 3.99% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.858B | $2.195B |
| YoY Change | 30.21% | -0.86% |
| Other Long-Term Liabilities | $234.0M | $141.0M |
| YoY Change | 65.96% | 4.44% |
| Total Long-Term Liabilities | $3.092B | $2.336B |
| YoY Change | 32.36% | -0.55% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.076B | $1.641B |
| Total Long-Term Liabilities | $3.092B | $2.336B |
| Total Liabilities | $5.607B | $4.335B |
| YoY Change | 29.34% | -0.28% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$223.0M | |
| YoY Change | ||
| Common Stock | $0.00 | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $681.0M | $847.0M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $6.288B | $5.199B |
| YoY Change | 20.95% | -3.22% |
Cashflow Statement
| Concept | 2013 Q4 | 2012 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$37.00M | -$80.00M |
| YoY Change | -53.75% | 207.69% |
| Depreciation, Depletion And Amortization | $78.00M | $61.00M |
| YoY Change | 27.87% | 1.67% |
| Cash From Operating Activities | -$52.00M | -$10.00M |
| YoY Change | 420.0% | -140.0% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$22.00M | -$15.00M |
| YoY Change | 46.67% | 15.38% |
| Acquisitions | $4.000M | |
| YoY Change | ||
| Other Investing Activities | -$4.000M | $0.00 |
| YoY Change | -100.0% | |
| Cash From Investing Activities | -$26.00M | -$15.00M |
| YoY Change | 73.33% | 36.36% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | $0.00 | |
| YoY Change | ||
| Cash From Financing Activities | 54.00M | -86.00M |
| YoY Change | -162.79% | 8500.0% |
| NET CHANGE | ||
| Cash From Operating Activities | -52.00M | -10.00M |
| Cash From Investing Activities | -26.00M | -15.00M |
| Cash From Financing Activities | 54.00M | -86.00M |
| Net Change In Cash | -24.00M | -111.0M |
| YoY Change | -78.38% | -953.85% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$52.00M | -$10.00M |
| Capital Expenditures | -$22.00M | -$15.00M |
| Free Cash Flow | -$30.00M | $5.000M |
| YoY Change | -700.0% | -86.84% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2012Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-90000000 | |
| CY2012Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-79000000 | |
| CY2013Q4 | us-gaap |
Cost Of Goods Sold Depreciation
CostOfGoodsSoldDepreciation
|
12000000 | |
| CY2012Q4 | us-gaap |
Cost Of Goods Sold Depreciation
CostOfGoodsSoldDepreciation
|
13000000 | |
| CY2013Q4 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3000000 | |
| CY2012Q4 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
23000000 | |
| CY2012Q4 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1000000 | |
| CY2012Q4 | us-gaap |
Increase Decrease In Prepaid Royalties
IncreaseDecreaseInPrepaidRoyalties
|
35000000 | |
| CY2012Q4 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-53000000 | |
| CY2012Q4 | us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
32000000 | |
| CY2012Q4 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
49000000 | |
| CY2013Q4 | us-gaap |
Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
|
60000000 | |
| CY2012Q4 | us-gaap |
Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
|
55000000 | |
| CY2012Q4 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-5000000 | |
| CY2013Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-52000000 | |
| CY2012Q4 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-10000000 | |
| CY2012Q4 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
8000000 | |
| CY2013Q4 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
4000000 | |
| CY2013Q4 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
12000000 | |
| CY2013Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-26000000 | |
| CY2012Q4 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-15000000 | |
| CY2012Q4 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
31000000 | |
| CY2013Q4 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
100000000 | |
| CY2012Q4 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
31000000 | |
| CY2012Q4 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
594000000 | |
| CY2012Q4 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
127000000 | |
| CY2012Q4 | wmg |
Payments Of Deferred Financing Costs
PaymentsOfDeferredFinancingCosts
|
30000000 | |
| CY2013Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
54000000 | |
| CY2012Q4 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-86000000 | |
| CY2013Q4 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
1000000 | |
| CY2013Q4 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0%;margin-right:0%;text-indent:0%;font-size:10pt;font-family:Times New Roman;"><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2. Basis of Presentation </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:0%;font-size:10pt;font-family:Times New Roman;"><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Interim Financial Statements </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> (“U.S. GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by U.S. GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three month period ended December 31, 2013 are not necessarily indicative of the results that may be expected for the fiscal year ended September 30, 2014. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">The consolidated balance sheet at September 30, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and notes required by U.S. GAAP for complete financial statements. </font></p><p style="margin-bottom:0pt;margin-top:9pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">For further information, refer to the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the fiscal year ended September 30, 2013 (File No. 001-32502). </font></p><p style="margin-bottom:0pt;margin-top:18pt;margin-left:0%;margin-right:0%;text-indent:0%;font-size:10pt;font-family:Times New Roman;"><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Basis of Consolidation </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">The accompanying financial statements present the consolidated accounts of all entities in which the Company has a controlling voting interest and/or variable interest required to be consolidated in accordance with U.S. GAAP. All inter-company balances and transactions have been eliminated. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 810, Consolidation (“ASC 810”) requires the Company first evaluate its investments to determine if any investments qualify as a variable interest entity (“VIE”). A VIE is consolidated if the Company is deemed to be the primary beneficiary of the VIE, which is the party involved with the VIE that has both (i</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">) the power to control the most significant activities of the VIE and (ii) either the obligation to absorb losses or the right to receive benefits that could potentially be significant to the VIE. If an entity is not deemed to be a VIE, the Company consolidates the entity if the Company has a controlling voting interest. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">The Company maintains a 52-53 week fiscal year ending on the Friday nearest to each reporting date. As such, all references to December 31, 2013 and December 31, 2012 relate to the three-month periods ended December 27, 2013 and December 28, 2012, respectively. For convenience purposes, the Company continues to date its financial statements as of December 31. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">The Company has performed a review of all subsequent events through the date the financial statements were issued, and has determined that no additional disclosures are necessary. </font></p><p style="margin-bottom:0pt;margin-top:18pt;margin-left:0%;margin-right:0%;text-indent:0%;font-weight:bold;;font-size:10pt;;"><font style="font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">New Accounting Pronouncements </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">During the first quarter of fiscal 2014, the Company simultaneously adopted Accounting Standards Updates (“ASU”) 2011-11, Disclosures about Offsetting Assets and Liabilities (“ASU 2011-11”) and ASU 2013-01, Clarifying</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> the Scope of Disclosures about Offsetting Assets and Liabilities (“ASU 2013-01”). ASU 2011-11 and ASU 2013-01 require additional quantitative and qualitative disclosures over financial instruments and derivative instruments that are offset on the balance sheet or subject to master netting arrangements. The adoption of these standards did not have an impact on the Company’s financial statements, other than disclosure. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">During the first quarter of fiscal 2014, the Company adopted ASU 2013-02, Reporting of Amounts Reclassified Out</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> of Accumulated Other Comprehensive Income (“ASU 2013-02”). ASU 2013-02 requires entities to disclose, in one place, information about the amounts reclassified out of accumulated other comprehensive income by component. The adoption of this standard did not have an impact on the Company’s financial statements, other than disclosure. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">In July 2013, the FASB issued ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">, a Similar Tax Loss, or a Tax Credit Carryforward Exists (“ASU 2013-11”). ASU 2013-11 attempts to eliminate diversity in practice by requiring an unrecognized tax benefit, or a portion of an unrecognized tax benefit, to be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward. ASU 2013-11 is effective for annual and interim reporting periods for fiscal years beginning after December 15, 2013. The adoption of this standard is not expected to have a significant impact on the Company’s financial statements, other than presentation.</font></p></div> | |
| CY2013Q4 | us-gaap |
Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
|
50 | |
| CY2013Q4 | wmg |
Number Of Songwriters And Composers
NumberOfSongwritersAndComposers
|
65000 | |
| CY2013Q4 | wmg |
Amounts Reclassified From Accumulated Other Comprehensive Income
AmountsReclassifiedFromAccumulatedOtherComprehensiveIncome
|
||
| CY2013Q4 | wmg |
Intracompany Foreign Currency Balance Amount
IntracompanyForeignCurrencyBalanceAmount
|
-2000000 | |
| CY2013Q4 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
7000000 | |
| CY2013Q4 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
||
| CY2013Q4 | us-gaap |
Goodwill Other Changes
GoodwillOtherChanges
|
-2000000 | |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3575000000 | |
| CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3542000000 | |
| CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
501000000 | |
| CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
435000000 | |
| CY2013Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3194000000 | |
| CY2013Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3227000000 | |
| CY2013Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2867000000 | |
| CY2013Q2 | wmg |
Prepayment Of Term Loan Facility
PrepaymentOfTermLoanFacility
|
102500000 | |
| CY2013Q4 | wmg |
Interest On Overdue Principal
InterestOnOverduePrincipal
|
0.020 | |
| CY2013Q4 | wmg |
Annual Percentage Of Original Principal Term Loan Amortization
AnnualPercentageOfOriginalPrincipalTermLoanAmortization
|
0.0100 | |
| CY2013Q4 | wmg |
Line Of Credit Facility Fee
LineOfCreditFacilityFee
|
0.0050 | |
| CY2013Q4 | us-gaap |
Interest Expense
InterestExpense
|
55000000 | |
| CY2012Q4 | us-gaap |
Interest Expense
InterestExpense
|
53000000 | |
| CY2013Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.068 | |
| CY2012Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.082 | |
| CY2013Q3 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.069 | |
| CY2013Q3 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
10000000 | |
| CY2013Q4 | us-gaap |
Restructuring And Related Cost Incurred Cost
RestructuringAndRelatedCostIncurredCost
|
7000000 | |
| CY2013Q4 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
11000000 | |
| CY2013Q4 | us-gaap |
Restructuring Charges
RestructuringCharges
|
85000000 | |
| CY2013Q4 | us-gaap |
Restructuring And Related Cost Cost Incurred To Date
RestructuringAndRelatedCostCostIncurredToDate
|
29000000 | |
| CY2013Q4 | us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
55 | |
| CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
|
107.13 | |
| CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
134.62 | |
| CY2013Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3000000 | |
| CY2013Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
16000000 | |
| CY2013Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P3Y | |
| CY2012Q1 | us-gaap |
Loss Contingency New Claims Filed Number
LossContingencyNewClaimsFiledNumber
|
5 | |
| CY2013Q4 | us-gaap |
Litigation Settlement Amount
LitigationSettlementAmount
|
11500000 | |
| CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
4000000 | |
| CY2013Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
5000000 | |
| CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
17000000 | |
| CY2013Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
27000000 | |
| CY2013Q4 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
93000000 | |
| CY2013Q4 | us-gaap |
Interest Paid
InterestPaid
|
68000000 | |
| CY2012Q4 | us-gaap |
Interest Paid
InterestPaid
|
100000000 | |
| CY2013Q4 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
3000000 | |
| CY2012Q4 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
5000000 | |
| CY2013Q4 | wmg |
Fair Value Of Assets And Liabilities Fair Value Disclosure
FairValueOfAssetsAndLiabilitiesFairValueDisclosure
|
-34000000 | |
| CY2013Q3 | wmg |
Fair Value Of Assets And Liabilities Fair Value Disclosure
FairValueOfAssetsAndLiabilitiesFairValueDisclosure
|
-44000000 | |
| CY2013Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
3120000000 | |
| CY2013Q4 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
||
| CY2013Q4 | wmg |
Non Cash Interest Income Expense
NonCashInterestIncomeExpense
|
-4000000 | |
| CY2013Q4 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
||
| CY2013Q4 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
||
| CY2013Q4 | wmg |
Payments Of Deferred Financing Costs
PaymentsOfDeferredFinancingCosts
|
||
| CY2012Q4 | wmg |
Non Cash Interest Income Expense
NonCashInterestIncomeExpense
|
-2000000 |
