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Goodwill and Intangible Assets
 3 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
The following analysis details the changes in goodwill for each reportable segment:
Recorded
Music		Music
Publishing		Total
(in millions)
Balances at September 30, 2021$1,366 $464 $1,830 
Acquisitions (a)130 — 130 
Other adjustments (b)(15)— (15)
Balances at December 31, 2021$1,481 $464 $1,945 
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(a)Primarily relates to the acquisition of 300 Entertainment as described in Note 5.
(b)Other adjustments during the three months ended December 31, 2021 represent foreign currency movements.
The Company performs its annual goodwill impairment test in accordance with ASC 350, Intangibles—Goodwill and Other (“ASC 350”) during the fourth quarter of each fiscal year as of July 1. The Company may conduct an earlier review if events or circumstances occur that would suggest the carrying value of the Company’s goodwill may not be recoverable. No indicators of impairment were identified during the current period that required the Company to perform an interim assessment or recoverability test.
Intangible Assets
Intangible assets consist of the following:
Weighted-Average Useful LifeDecember 31,
2021		September 30,
2021
(in millions)
Intangible assets subject to amortization:
Recorded music catalog12 years$1,338 $1,206 
Music publishing copyrights25 years2,005 1,730 
Artist and songwriter contracts13 years1,068 997 
Trademarks14 years106 96 
Other intangible assets6 years96 96 
Total gross intangible asset subject to amortization4,613 4,125 
Accumulated amortization(2,141)(2,108)
Total net intangible assets subject to amortization2,472 2,017 
Intangible assets not subject to amortization:
Trademarks and tradenamesIndefinite152 154 
Total net intangible assets$2,624 $2,171 
The increase in intangible assets during the three months ended December 31, 2021 primarily relates to the acquisition of 300 Entertainment, which resulted in an increase in intangible assets as described in Note 5, and an acquisition of music-related assets within music publishing copyrights for approximately $250 million.