Revenue Recognition (Tables)

3 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Summary of Disaggregation of Revenue

The Company’s revenue consists of the following categories, which aggregate into the segments – Recorded Music and Music Publishing:

	For the Three Months Ended December 31,
	2019		2018
	(in millions)
Revenue by Type
Digital	$	633	$	563
Physical	184		231
Total Digital and Physical	817		794
Artist services and expanded-rights	188		166
Licensing	79		81
Total Recorded Music	1,084		1,041
Performance	46		53
Digital	73		65
Mechanical	15		15
Synchronization	36		29
Other	3		3
Total Music Publishing	173		165
Intersegment eliminations	(1)		(3)
Total Revenues	$	1,256	$	1,203
Revenue by Geographical Location
U.S. Recorded Music	$	453	$	431
U.S. Music Publishing	81		73
Total U.S.	534		504
International Recorded Music	631		610
International Music Publishing	92		92
Total International	723		702
Intersegment eliminations	(1)		(3)
Total Revenues	$	1,256	$	1,203

Summary of Revenues Expected to be Recognized in Future Related to Performance Obligations

Revenues expected to be recognized in the future related to performance obligations that are unsatisfied at December 31, 2019 are as follows (in millions):

	Rest of FY20		FY21		FY22		Thereafter		Total
	(in millions)
Remaining performance obligations	$	483	$	661	$	7	$	—	$	1,151
Total	$	483	$	661	$	7	$	—	$	1,151