Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Dec. 31, 2019	Sep. 30, 2019
Current assets:
Cash and equivalents	$ 462	$ 619
Accounts receivable, net of allowances of $18 million and $17 million	882	775
Inventories	65	74
Royalty advances expected to be recouped within one year	189	170
Prepaid and other current assets	58	53
Total current assets	1,656	1,691
Royalty advances expected to be recouped after one year	231	208
Property, plant and equipment, net	295	300
Operating lease right-of-use assets, net	289
Goodwill	1,768	1,761
Intangible assets subject to amortization, net	1,712	1,723
Intangible assets not subject to amortization	152	151
Deferred tax assets, net	59	38
Other assets	152	145
Total assets	6,314	6,017
Current liabilities:
Accounts payable	202	260
Accrued royalties	1,671	1,567
Accrued liabilities	549	492
Accrued interest	23	34
Operating lease liabilities, current	38
Deferred revenue	159	180
Other current liabilities	157	286
Total current liabilities	2,799	2,819
Long-term debt	2,988	2,974
Operating lease liabilities, noncurrent	321	0
Deferred tax liabilities, net	171	172
Other noncurrent liabilities	204	321
Total liabilities	6,483	6,286
Equity:
Common stock ($0.001 par value; 10,000 shares authorized; 1,069 and 1,060 shares issued and outstanding as of December 31, 2019 and September 30, 2019, respectively)	0	0
Additional paid-in capital	1,128	1,128
Accumulated deficit	(1,088)	(1,177)
Accumulated other comprehensive loss, net	(230)	(240)
Total Warner Music Group Corp. deficit	(190)	(289)
Noncontrolling interest	21	20
Total equity	(169)	(269)
Total liabilities and equity	$ 6,314	$ 6,017