2017 Q3 Form 10-K Financial Statement
#000156459017024528 Filed on December 05, 2017
Income Statement
| Concept | 2017 Q3 | 2017 Q2 | 2017 Q1 |
|---|---|---|---|
| Revenue | $917.0M | $917.0M | $825.0M |
| YoY Change | 9.04% | 13.07% | 10.74% |
| Cost Of Revenue | $501.0M | $519.0M | $415.0M |
| YoY Change | 14.91% | 15.85% | 10.96% |
| Gross Profit | $416.0M | $398.0M | $410.0M |
| YoY Change | 2.72% | 9.64% | 10.51% |
| Gross Profit Margin | 45.37% | 43.4% | 49.7% |
| Selling, General & Admin | $368.0M | $296.0M | $282.0M |
| YoY Change | 24.75% | 16.08% | 10.16% |
| % of Gross Profit | 88.46% | 74.37% | 68.78% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $12.00M | $13.00M | $13.00M |
| YoY Change | -7.69% | 8.33% | 8.33% |
| % of Gross Profit | 2.88% | 3.27% | 3.17% |
| Operating Expenses | $368.0M | $296.0M | $282.0M |
| YoY Change | 24.75% | 16.08% | 10.16% |
| Operating Profit | -$1.000M | $51.00M | $78.00M |
| YoY Change | -101.82% | 13.33% | 50.0% |
| Interest Expense | -$37.00M | -$36.00M | -$36.00M |
| YoY Change | -11.9% | -16.28% | -16.28% |
| % of Operating Profit | -70.59% | -46.15% | |
| Other Income/Expense, Net | -$19.00M | -$21.00M | -$19.00M |
| YoY Change | 171.43% | 320.0% | -186.36% |
| Pretax Income | -$57.00M | -$9.000M | $23.00M |
| YoY Change | 612.5% | 200.0% | -14.81% |
| Income Tax | -$19.00M | -$152.0M | $3.000M |
| % Of Pretax Income | 13.04% | ||
| Net Earnings | -$39.00M | $141.0M | $19.00M |
| YoY Change | 875.0% | -1666.67% | 72.73% |
| Net Earnings / Revenue | -4.25% | 15.38% | 2.3% |
| Basic Earnings Per Share | |||
| Diluted Earnings Per Share | -$76.47K | $276.5K | $37.25K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 1.055K | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2017 Q3 | 2017 Q2 | 2017 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $647.0M | $567.0M | $476.0M |
| YoY Change | 80.22% | 64.35% | 50.63% |
| Cash & Equivalents | $647.0M | $567.0M | $476.0M |
| Short-Term Investments | |||
| Other Short-Term Assets | $185.0M | $193.0M | $182.0M |
| YoY Change | 3.35% | -6.31% | -8.54% |
| Inventory | $39.00M | $38.00M | $36.00M |
| Prepaid Expenses | |||
| Receivables | $404.0M | $380.0M | $361.0M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $1.275B | $1.178B | $1.055B |
| YoY Change | 40.42% | 25.05% | 20.71% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $213.0M | $203.0M | $197.0M |
| YoY Change | 4.93% | -1.46% | -6.19% |
| Goodwill | $1.685B | ||
| YoY Change | 3.56% | ||
| Intangibles | $2.207B | $2.137B | $2.172B |
| YoY Change | -4.75% | -10.47% | -11.92% |
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $69.00M | $331.0M | $266.0M |
| YoY Change | -41.53% | 0.61% | -15.02% |
| Total Long-Term Assets | $4.443B | $4.301B | $4.249B |
| YoY Change | -0.4% | -5.51% | -7.85% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.275B | $1.178B | $1.055B |
| Total Long-Term Assets | $4.443B | $4.301B | $4.249B |
| Total Assets | $5.718B | $5.479B | $5.304B |
| YoY Change | 6.5% | -0.27% | -3.3% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $208.0M | $166.0M | $200.0M |
| YoY Change | 1.96% | 6.41% | 13.64% |
| Accrued Expenses | $365.0M | $1.558B | $1.456B |
| YoY Change | 22.9% | 5.41% | 3.7% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $2.100B | $1.938B | $1.855B |
| YoY Change | 14.01% | -0.62% | 1.87% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $2.811B | $2.797B | $2.767B |
| YoY Change | -0.04% | 0.07% | -4.55% |
| Other Long-Term Liabilities | $309.0M | $260.0M | $241.0M |
| YoY Change | 30.93% | 10.17% | 0.84% |
| Total Long-Term Liabilities | $3.120B | $3.057B | $3.008B |
| YoY Change | 2.36% | 0.86% | -4.14% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.100B | $1.938B | $1.855B |
| Total Long-Term Liabilities | $3.120B | $3.057B | $3.008B |
| Total Liabilities | $5.410B | $5.171B | $5.117B |
| YoY Change | 4.87% | -1.99% | -2.79% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$654.0M | -$726.0M | |
| YoY Change | -8.53% | ||
| Common Stock | $1.128B | $1.128B | |
| YoY Change | 0.0% | ||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $293.0M | $308.0M | $170.0M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $5.718B | $5.479B | $5.304B |
| YoY Change | 6.5% | -0.27% | -3.3% |
Cashflow Statement
| Concept | 2017 Q3 | 2017 Q2 | 2017 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$39.00M | $141.0M | $19.00M |
| YoY Change | 875.0% | -1666.67% | 72.73% |
| Depreciation, Depletion And Amortization | $12.00M | $13.00M | $13.00M |
| YoY Change | -7.69% | 8.33% | 8.33% |
| Cash From Operating Activities | $226.0M | $83.00M | $70.00M |
| YoY Change | 67.41% | 137.14% | -36.94% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$20.00M | -$16.00M | -$15.00M |
| YoY Change | -9.09% | 60.0% | -16.67% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$100.0M | $22.00M | $15.00M |
| YoY Change | -869.23% | 266.67% | -63.41% |
| Cash From Investing Activities | -$120.0M | $6.000M | $0.00 |
| YoY Change | 1233.33% | -250.0% | -100.0% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -31.00M | -4.000M | -55.00M |
| YoY Change | -72.07% | -20.0% | -41.49% |
| NET CHANGE | |||
| Cash From Operating Activities | 226.0M | 83.00M | 70.00M |
| Cash From Investing Activities | -120.0M | 6.000M | 0.000 |
| Cash From Financing Activities | -31.00M | -4.000M | -55.00M |
| Net Change In Cash | 75.00M | 85.00M | 15.00M |
| YoY Change | 400.0% | 226.92% | -62.5% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $226.0M | $83.00M | $70.00M |
| Capital Expenditures | -$20.00M | -$16.00M | -$15.00M |
| Free Cash Flow | $246.0M | $99.00M | $85.00M |
| YoY Change | 56.69% | 120.0% | -34.11% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
3000000 | |
| CY2017 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
22000000 | |
| CY2017Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
44000000 | |
| CY2017Q3 | us-gaap |
Assets Current
AssetsCurrent
|
1275000000 | |
| CY2017Q3 | us-gaap |
Advance Royalties Noncurrent
AdvanceRoyaltiesNoncurrent
|
172000000 | |
| CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
213000000 | |
| CY2017Q3 | us-gaap |
Goodwill
Goodwill
|
1685000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2090000000 | |
| CY2017Q3 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
117000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
97000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
2000000 | |
| CY2017 | wmg |
Gain Loss On Sale Of Business And Investments
GainLossOnSaleOfBusinessAndInvestments
|
-17000000 | |
| CY2016 | wmg |
Gain Loss On Sale Of Business And Investments
GainLossOnSaleOfBusinessAndInvestments
|
9000000 | |
| CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
70000000 | |
| CY2016 | us-gaap |
Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
|
45000000 | |
| CY2016 | us-gaap |
Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
|
42000000 | |
| CY2016 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
309000000 | |
| CY2017 | wmg |
Tender Or Call Premium
TenderOrCallPremium
|
27000000 | |
| CY2016 | wmg |
Tender Or Call Premium
TenderOrCallPremium
|
10000000 | |
| CY2017 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
84000000 | |
| CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-19000000 | |
| CY2015 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-19000000 | |
| CY2015 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
89000000 | |
| CY2014Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
157000000 | |
| CY2014Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
390000000 | |
| CY2015 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
4000000 | |
| CY2015Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
239000000 | |
| CY2016 | us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
3000000 | |
| CY2017 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
84000000 | |
| CY2017 | us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
3000000 | |
| CY2017 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
5000000 | |
| CY2017 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
4000000 | |
| CY2017 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">1. Description of Business </p> <p style="margin-bottom:0pt;margin-top:6pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">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-based content companies. </p> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Acquisition of Warner Music Group by Access Industries </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Pursuant to an Agreement and Plan of Merger, dated as of May 6, 2011 (the “Merger Agreement”), by and among the Company, AI Entertainment Holdings LLC (formerly Airplanes Music LLC), a Delaware limited liability company (“Parent”) and an affiliate of Access Industries, Inc. (“Access”), and Airplanes Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), on July 20, 2011 (the “Merger Closing Date”), Merger Sub merged with and into the Company with the Company surviving as a wholly owned subsidiary of Parent (the “Merger”). In connection with the Merger, the Company delisted its common stock from the NYSE. The Company continues voluntarily to file with the SEC current and periodic reports that would be required to be filed with the SEC pursuant to Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) as provided for in certain covenants contained in the instruments covering its outstanding indebtedness. </p> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Recorded Music Operations </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company’s Recorded Music business primarily consists of the discovery and development of artists and the related marketing, distribution and licensing of recorded music produced by such artists. The Company plays an integral role in virtually all aspects of the recorded music value chain from discovering and developing talent to producing music and promoting artists and their products. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In the United States, Recorded Music operations are conducted principally through the Company’s major record labels—Warner Bros. Records and Atlantic Records. The Company’s Recorded Music operations also include Rhino, a division that specializes in marketing the Company’s music catalog through compilations and reissuances of previously released music and video titles. The Company also conducts its Recorded Music operations through a collection of additional record labels, including, Asylum, Big Beat, Canvasback, East West, Elektra, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin’, Warner Classics and Warner Music Nashville. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Outside the United States, Recorded Music activities are conducted in more than 50 countries through various subsidiaries, affiliates and non-affiliated licensees. Internationally, the Company engages in the same activities as in the United States: discovering and signing artists and distributing, marketing and selling their recorded music. In most cases, the Company also markets and distributes the music of those artists for whom the Company’s domestic record labels have international rights. In certain smaller markets, the Company licenses the right to distribute the Company’s records to non-affiliated third-party record labels. The Company’s international artist services operations include a network of concert promoters through which it provides resources to coordinate tours for the Company’s artists and other artists as well as management companies that guide artists with respect to their careers. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company’s Recorded Music distribution operations include Warner-Elektra-Atlantic Corporation (“WEA Corp.”), which markets and sells music and video products to retailers and wholesale distributors; Alternative Distribution Alliance (“ADA”), which distributes the products of independent labels to retail and wholesale distributors; and various distribution centers and ventures operated internationally. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In addition to the Company’s Recorded Music products being sold in physical retail outlets, Recorded Music products are also sold in physical form to online physical retailers such as Amazon.com and bestbuy.com and in digital form to an expanded universe of digital partners, including digital streaming services such as Amazon, Apple Music, Deezer, Napster, Soundcloud, Spotify and YouTube, digital radio services such as iHeart Radio, Pandora and Sirius XM and digital download services such as Apple’s iTunes and Google Play. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has integrated the exploitation of digital content into all aspects of its business, including artist and repertoire (“A&R”), marketing, promotion and distribution. The Company’s business development executives work closely with A&R departments to ensure that while music is being produced, digital assets are also created with all distribution channels in mind, including streaming services, social networking sites, online portals and music-centered destinations. The Company also works side by side with its online and mobile partners to test new concepts. The Company believes existing and new digital businesses will be a significant source of growth and will provide new opportunities to successfully monetize its assets and create new revenue streams. The proportion of digital revenues attributed to each distribution channel varies by region and proportions may change as the roll out of new technologies continues. As an owner of music content, the Company believes it is well positioned to take advantage of growth in digital distribution and emerging technologies to maximize the value of its assets. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company has diversified its revenues beyond its traditional businesses by entering into expanded-rights deals with recording artists in order to partner with artists in other aspects of their careers. Under these agreements, the Company provides services to and participates in artists’ activities outside the traditional recorded music business such as touring, merchandising and sponsorships. The Company has built artist services capabilities and platforms for exploiting this broader set of music-related rights and participating more widely in the monetization of the artist brands it helps create. The Company believes that entering into expanded-rights deals and enhancing its artist services capabilities in areas such as concert promotion and management have permitted it to diversify revenue streams and capitalize on other revenue opportunities. This provides for improved long-term relationships with artists and allows the Company to more effectively connect artists and fans. </p> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Music Publishing Operations </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">While recorded music is focused on exploiting a particular recording of a composition, music publishing is an intellectual property business focused on the exploitation of the composition itself. In return for promoting, placing, marketing and administering the creative output of a songwriter, or engaging in those activities for other rightsholders, the Company’s Music Publishing business garners a share of the revenues generated from use of the composition. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company’s Music Publishing operations are conducted principally through Warner/Chappell, its global Music Publishing company, headquartered in Los Angeles with operations in over 50 countries through various subsidiaries, affiliates and non-affiliated licensees. The Company owns or controls rights to more than one million musical compositions, including numerous pop hits, American standards, folk songs and motion picture and theatrical compositions. Assembled over decades, its award-winning catalog includes over 70,000 songwriters and composers and a diverse range of genres including pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, techno, alternative and gospel. Warner/Chappell also administers the music and soundtracks of several third-party television and film producers and studios. The Company has an extensive production music library collectively branded as Warner/Chappell Production Music. </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:9pt;"> </p></div> | |
| CY2017 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Reclassifications </p> <p style="margin-bottom:0pt;margin-top:6pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">Certain reclassifications have been made to the prior fiscal years’ consolidated financial statements to conform to the current fiscal-year presentation. </p></div> | |
| CY2017 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">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. </p></div> | |
| CY2017 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-169000000 | |
| CY2017Q3 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
29000000 | |
| CY2017 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div> <p style="margin-bottom:0pt;margin-top:18pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk </p> <p style="margin-bottom:0pt;margin-top:6pt;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%;">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, 2017 and September 30, 2016, Spotify represented 15% and 10%, 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. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">In the Music Publishing business, the Company collects a significant portion of its royalties from copyright collection societies around the world. Collection 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. </p></div> | |
| CY2016Q3 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
34000000 | |
| CY2017Q3 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.049 | |
| CY2016Q3 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.053 | |
| CY2015Q3 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.056 | |
| CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-37000000 | |
| CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
35000000 | |
| CY2015 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-18000000 | |
| CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
35000000 | |
| CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
6000000 | |
| CY2015 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
-57000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
1155000000 | |
| CY2017Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2811000000 | |
| CY2016Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2778000000 | |
| CY2017Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2846000000 | |
| CY2016Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2815000000 | |
| CY2017Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
6000000 | |
| CY2016Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
3000000 | |
| CY2017 | wmg |
Minimum Number Of Musical Compositions On Which Rights Are Owned Or Controlled
MinimumNumberOfMusicalCompositionsOnWhichRightsAreOwnedOrControlled
|
1000000 | |
| CY2015 | us-gaap |
Advertising Expense
AdvertisingExpense
|
88000000 | |
| CY2017 | wmg |
Changes In Accumulated Other Comprehensive Income Loss Net Of Related Tax
ChangesInAccumulatedOtherComprehensiveIncomeLossNetOfRelatedTax
|
12000000 | |
| CY2017 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-19000000 | |
| CY2016 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-109000000 | |
| CY2015 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-51000000 | |
| CY2017Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
423000000 | |
| CY2016Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
369000000 | |
| CY2017Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
210000000 | |
| CY2016Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
166000000 | |
| CY2015Q3 | us-gaap |
Goodwill
Goodwill
|
1632000000 | |
| CY2016 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
13000000 | |
| CY2016 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
12000000 | |
| CY2016 | us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
-6000000 | |
| CY2017 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
58000000 | |
| CY2017 | us-gaap |
Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
|
10000000 | |
| CY2017 | us-gaap |
Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
|
10000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3360000000 | |
| CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3322000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1270000000 | |
| CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1121000000 | |
| CY2017Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2207000000 | |
| CY2016Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2317000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
209000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
194000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
179000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
179000000 | |
| CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
174000000 | |
| CY2016 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
3000000 | |
| CY2015 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
4000000 | |
| CY2017 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
41000000 | |
| CY2016 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
39000000 | |
| CY2015 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
40000000 | |
| CY2017 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-12000000 | |
| CY2016 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-30000000 | |
| CY2015 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-33000000 | |
| CY2017 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2000000 | |
| CY2016 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
3000000 | |
| CY2015 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
3000000 | |
| CY2017 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-13000000 | |
| CY2016 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-4000000 | |
| CY2015 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-1000000 | |
| CY2017 | wmg |
Cash Withholding Taxes
CashWithholdingTaxes
|
13000000 | |
| CY2016 | wmg |
Cash Withholding Taxes
CashWithholdingTaxes
|
17000000 | |
| CY2015 | wmg |
Cash Withholding Taxes
CashWithholdingTaxes
|
13000000 | |
| CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
| CY2017 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1000000 | |
| CY2016 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
14000000 | |
| CY2015 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-26000000 | |
| CY2017 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
3000000 | |
| CY2016 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-1000000 | |
| CY2015 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
2000000 | |
| CY2017 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
11000000 | |
| CY2016 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
12000000 | |
| CY2015 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
11000000 | |
| CY2017 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
18000000 | |
| CY2016 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
19000000 | |
| CY2015 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
34000000 | |
| CY2017 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
134000000 | |
| CY2016 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
26000000 | |
| CY2015 | us-gaap |
Income Tax Reconciliation Deductions
IncomeTaxReconciliationDeductions
|
5000000 | |
| CY2017 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-1000000 | |
| CY2016 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-10000000 | |
| CY2015 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-2000000 | |
| CY2017 | wmg |
Income Tax Reconciliation Foreign Currency Losses On Intra Entity Loans
IncomeTaxReconciliationForeignCurrencyLossesOnIntraEntityLoans
|
59000000 | |
| CY2017 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
10000000 | |
| CY2016 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
1000000 | |
| CY2017 | wmg |
Income Tax Reconciliation Other Deductions And Nondeductible Expenses
IncomeTaxReconciliationOtherDeductionsAndNondeductibleExpenses
|
2000000 | |
| CY2016 | wmg |
Income Tax Reconciliation Other Deductions And Nondeductible Expenses
IncomeTaxReconciliationOtherDeductionsAndNondeductibleExpenses
|
2000000 | |
| CY2015 | wmg |
Income Tax Reconciliation Other Deductions And Nondeductible Expenses
IncomeTaxReconciliationOtherDeductionsAndNondeductibleExpenses
|
-1000000 | |
| CY2017 | us-gaap |
Translation Adjustment Functional To Reporting Currency Tax Expense Benefit
TranslationAdjustmentFunctionalToReportingCurrencyTaxExpenseBenefit
|
-59000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
35000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
34000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
|
91000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
|
47000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
|
68000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
|
82000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
482000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
|
475000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
13000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
3000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
689000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
641000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
193000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
310000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
496000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
331000000 | |
| CY2017Q3 | wmg |
Deferred Tax Liabilities Depreciation Amortization And Advances
DeferredTaxLiabilitiesDepreciationAmortizationAndAdvances
|
15000000 | |
| CY2016Q3 | wmg |
Deferred Tax Liabilities Depreciation Amortization And Advances
DeferredTaxLiabilitiesDepreciationAmortizationAndAdvances
|
26000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
574000000 | |
| CY2016Q3 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
572000000 | |
| CY2017Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
589000000 | |
| CY2016Q3 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
598000000 | |
| CY2017Q3 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
93000000 | |
| CY2017 | wmg |
Deferred Tax Assets Valuation Allowance Written Off During Period
DeferredTaxAssetsValuationAllowanceWrittenOffDuringPeriod
|
125000000 | |
| CY2017Q3 | wmg |
Deferred Tax Assets Valuation Allowance Relates To Outside Basis Differences In Investments
DeferredTaxAssetsValuationAllowanceRelatesToOutsideBasisDifferencesInInvestments
|
7000000 | |
| CY2017Q3 | us-gaap |
Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
|
218000000 | |
| CY2017Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
3000000 | |
| CY2016Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
3000000 | |
| CY2017 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
2000000 | |
| CY2017 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
|
1000000 | |
| CY2017 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
14000000 | |
| CY2017Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
19000000 | |
| CY2016Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
30000000 | |
| CY2017 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
|
3000000 | |
| CY2017Q3 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
75000000 | |
| CY2016Q3 | us-gaap |
Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
|
83000000 | |
| CY2017Q3 | us-gaap |
Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
|
50000000 | |
| CY2016Q3 | us-gaap |
Defined Benefit Pension Plan Current And Noncurrent Liabilities
DefinedBenefitPensionPlanCurrentAndNoncurrentLiabilities
|
56000000 | |
| CY2017 | us-gaap |
Pension Expense
PensionExpense
|
4000000 | |
| CY2016 | us-gaap |
Pension Expense
PensionExpense
|
4000000 | |
| CY2015 | us-gaap |
Pension Expense
PensionExpense
|
4000000 | |
| CY2017 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
5000000 | |
| CY2016 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
5000000 | |
| CY2015 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
4000000 | |
| CY2017Q3 | wmg |
Number Of Additional Employees To Participate In Plan
NumberOfAdditionalEmployeesToParticipateInPlan
|
2 | |
| CY2017Q3 | us-gaap |
Shares Held In Employee Stock Option Plan Allocated
SharesHeldInEmployeeStockOptionPlanAllocated
|
82.1918 | |
| CY2017 | us-gaap |
Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
55 | |
| CY2017 | wmg |
Number Of Deferred Equity Units Equivalent To Common Stock
NumberOfDeferredEquityUnitsEquivalentToCommonStock
|
0.0001 | |
| CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
|
140.04 | |
| CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
|
107.13 | |
| CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
|
107.13 | |
| CY2017 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
70000000 | |
| CY2016 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
23000000 | |
| CY2015 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3000000 | |
| CY2017 | wmg |
Free Cash Flow Compensation Expense
FreeCashFlowCompensationExpense
|
30000000 | |
| CY2017 | us-gaap |
Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
|
2000000 | |
| CY2017Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
34000000 | |
| CY2015Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
7000000 | |
| CY2016Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
2000000 | |
| CY2017 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y | |
| CY2017 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
62000000 | |
| CY2016 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
60000000 | |
| CY2015 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
66000000 | |
| CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
50000000 | |
| CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
52000000 | |
| CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
48000000 | |
| CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
45000000 | |
| CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
44000000 | |
| CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
286000000 | |
| CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
525000000 | |
| CY2017 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
305000000 | |
| CY2016 | us-gaap |
Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
|
288000000 | |
| CY2017Q3 | us-gaap |
Other Commitment
OtherCommitment
|
3000000 | |
| CY2016Q3 | us-gaap |
Other Commitment
OtherCommitment
|
2000000 | |
| CY2017Q3 | invest |
Derivative Notional Amount
DerivativeNotionalAmount
|
0 | |
| CY2016Q3 | invest |
Derivative Notional Amount
DerivativeNotionalAmount
|
0 | |
| CY2017Q3 | wmg |
Deferred Gains Losses In Comprehensive Loss Related To Foreign Exchange Hedging
DeferredGainsLossesInComprehensiveLossRelatedToForeignExchangeHedging
|
0 | |
| CY2016Q3 | wmg |
Deferred Gains Losses In Comprehensive Loss Related To Foreign Exchange Hedging
DeferredGainsLossesInComprehensiveLossRelatedToForeignExchangeHedging
|
0 | |
| CY2017 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | |
| CY2017 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
473000000 | |
| CY2016 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
507000000 | |
| CY2015 | wmg |
Income Loss From Continuing Operations Before Income Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDepreciationAndAmortization
|
436000000 | |
| CY2017 | us-gaap |
Interest Paid
InterestPaid
|
138000000 | |
| CY2016 | us-gaap |
Interest Paid
InterestPaid
|
181000000 | |
| CY2015 | us-gaap |
Interest Paid
InterestPaid
|
171000000 | |
| CY2017 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
40000000 | |
| CY2016 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
41000000 | |
| CY2015 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
25000000 | |
| CY2016Q4 | us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2017-01-03 | |
| CY2016Q4 | us-gaap |
Dividends Cash
DividendsCash
|
54000000 | |
| CY2016Q4 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2016-12-30 | |
| CY2017Q2 | us-gaap |
Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
|
2017-07-31 | |
| CY2017Q2 | us-gaap |
Dividends Cash
DividendsCash
|
30000000 | |
| CY2017Q2 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2017-06-30 | |
| CY2017Q3 | us-gaap |
Contractual Obligation
ContractualObligation
|
5000000 | |
| CY2016Q3 | us-gaap |
Contractual Obligation
ContractualObligation
|
4000000 | |
| CY2017Q3 | us-gaap |
Revenues
Revenues
|
917000000 | |
| CY2017Q2 | us-gaap |
Revenues
Revenues
|
917000000 | |
| CY2017Q1 | us-gaap |
Revenues
Revenues
|
825000000 | |
| CY2016Q4 | us-gaap |
Revenues
Revenues
|
917000000 | |
| CY2017Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
501000000 | |
| CY2017Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
519000000 | |
| CY2017Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
415000000 | |
| CY2016Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
496000000 | |
| CY2017Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
368000000 | |
| CY2017Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
296000000 | |
| CY2017Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
282000000 | |
| CY2016Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
276000000 | |
| CY2017Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
49000000 | |
| CY2017Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
51000000 | |
| CY2017Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
50000000 | |
| CY2016Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
51000000 | |
| CY2017Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
918000000 | |
| CY2017Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
866000000 | |
| CY2017Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
747000000 | |
| CY2016Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
823000000 | |
| CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1000000 | |
| CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
51000000 | |
| CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
78000000 | |
| CY2016Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
94000000 | |
| CY2017Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-3000000 | |
| CY2016Q4 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-32000000 | |
| CY2017Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-37000000 | |
| CY2017Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-36000000 | |
| CY2017Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-36000000 | |
| CY2016Q4 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-40000000 | |
| CY2017Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-19000000 | |
| CY2017Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-21000000 | |
| CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-19000000 | |
| CY2016Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
19000000 | |
| CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-57000000 | |
| CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-9000000 | |
| CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
23000000 | |
| CY2016Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
41000000 | |
| CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-19000000 | |
| CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-152000000 | |
| CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3000000 | |
| CY2016Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17000000 | |
| CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-38000000 | |
| CY2017Q2 | us-gaap |
Profit Loss
ProfitLoss
|
143000000 | |
| CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
20000000 | |
| CY2016Q4 | us-gaap |
Profit Loss
ProfitLoss
|
24000000 | |
| CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
| CY2017Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | |
| CY2017Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
| CY2016Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | |
| CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-39000000 | |
| CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
141000000 | |
| CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
19000000 | |
| CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22000000 | |
| CY2017Q3 | us-gaap |
Depreciation
Depreciation
|
12000000 | |
| CY2017Q2 | us-gaap |
Depreciation
Depreciation
|
13000000 | |
| CY2017Q1 | us-gaap |
Depreciation
Depreciation
|
13000000 | |
| CY2016Q4 | us-gaap |
Depreciation
Depreciation
|
12000000 | |
| CY2016Q3 | us-gaap |
Revenues
Revenues
|
841000000 | |
| CY2016Q2 | us-gaap |
Revenues
Revenues
|
811000000 | |
| CY2016Q1 | us-gaap |
Revenues
Revenues
|
745000000 | |
| CY2015Q4 | us-gaap |
Revenues
Revenues
|
849000000 | |
| CY2016Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
436000000 | |
| CY2016Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
448000000 | |
| CY2016Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
374000000 | |
| CY2015Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
449000000 | |
| CY2016Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
295000000 | |
| CY2016Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
255000000 | |
| CY2016Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
256000000 | |
| CY2015Q4 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
276000000 | |
| CY2016Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
55000000 | |
| CY2016Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
63000000 | |
| CY2016Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
63000000 | |
| CY2015Q4 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
62000000 | |
| CY2016Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
786000000 | |
| CY2016Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
766000000 | |
| CY2016Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
693000000 | |
| CY2015Q4 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
787000000 | |
| CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
55000000 | |
| CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
45000000 | |
| CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
52000000 | |
| CY2015Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
62000000 | |
| CY2016Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-14000000 | |
| CY2016Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-4000000 | |
| CY2016Q3 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-42000000 | |
| CY2016Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-43000000 | |
| CY2016Q1 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-43000000 | |
| CY2015Q4 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-45000000 | |
| CY2016Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-7000000 | |
| CY2016Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-5000000 | |
| CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
22000000 | |
| CY2015Q4 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
8000000 | |
| CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8000000 | |
| CY2016Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3000000 | |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
27000000 | |
| CY2015Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
25000000 | |
| CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-5000000 | |
| CY2016Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4000000 | |
| CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
15000000 | |
| CY2015Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3000000 | |
| CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-3000000 | |
| CY2016Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-7000000 | |
| CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
12000000 | |
| CY2015Q4 | us-gaap |
Profit Loss
ProfitLoss
|
28000000 | |
| CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
| CY2016Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2000000 | |
| CY2016Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
| CY2015Q4 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1000000 | |
| CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4000000 | |
| CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9000000 | |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11000000 | |
| CY2015Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
27000000 | |
| CY2016Q3 | us-gaap |
Depreciation
Depreciation
|
13000000 | |
| CY2016Q2 | us-gaap |
Depreciation
Depreciation
|
12000000 | |
| CY2016Q1 | us-gaap |
Depreciation
Depreciation
|
12000000 | |
| CY2015Q4 | us-gaap |
Depreciation
Depreciation
|
13000000 | |
| CY2017Q3 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
97000000 | |
| CY2016Q3 | us-gaap |
Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
|
2000000 | |
| CY2017 | wmg |
Selling General And Administrative Expense And Adjustments
SellingGeneralAndAdministrativeExpenseAndAdjustments
|
1222000000 | |
| CY2017 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1000000 | |
| CY2017 | wmg |
Other Non Operating Income Expense Excluding Equity Method Investments
OtherNonOperatingIncomeExpenseExcludingEquityMethodInvestments
|
-41000000 | |
| CY2016 | wmg |
Selling General And Administrative Expense And Adjustments
SellingGeneralAndAdministrativeExpenseAndAdjustments
|
1082000000 | |
| CY2016 | wmg |
Other Non Operating Income Expense Excluding Equity Method Investments
OtherNonOperatingIncomeExpenseExcludingEquityMethodInvestments
|
18000000 | |
| CY2015 | wmg |
Selling General And Administrative Expense And Adjustments
SellingGeneralAndAdministrativeExpenseAndAdjustments
|
1073000000 | |
| CY2015 | wmg |
Other Non Operating Income Expense Excluding Equity Method Investments
OtherNonOperatingIncomeExpenseExcludingEquityMethodInvestments
|
-21000000 | |
| CY2017 | wmg |
Depreciation Depletion Amortization And Recoveries
DepreciationDepletionAmortizationAndRecoveries
|
251000000 | |
| CY2017 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-5000000 | |
| CY2016 | wmg |
Depreciation Depletion Amortization And Recoveries
DepreciationDepletionAmortizationAndRecoveries
|
293000000 | |
| CY2016 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
10000000 | |
| CY2016 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-5000000 | |
| CY2015 | wmg |
Depreciation Depletion Amortization And Recoveries
DepreciationDepletionAmortizationAndRecoveries
|
309000000 | |
| CY2015 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-3000000 |
