Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Dec. 31, 2021	Sep. 30, 2021
Current assets:
Cash and equivalents	$ 450	$ 499
Accounts receivable, net of allowances of $20 million and $20 million	941	839
Inventories	84	99
Royalty advances expected to be recouped within one year	468	373
Prepaid and other current assets	78	86
Total current assets	2,021	1,896
Royalty advances expected to be recouped after one year	566	457
Property, plant and equipment, net of accumulated depreciation of $435 million and $419 million	378	364
Operating lease right-of-use assets, net	258	268
Goodwill	1,945	1,830
Intangible assets subject to amortization, net	2,472	2,017
Intangible assets not subject to amortization	152	154
Deferred tax assets, net	3	31
Other assets	220	194
Total assets	8,015	7,211
Current liabilities:
Accounts payable	274	302
Accrued royalties	1,974	1,880
Accrued liabilities	466	461
Accrued interest	30	14
Operating lease liabilities, current	43	43
Deferred revenue	298	348
Other current liabilities	272	102
Total current liabilities	3,357	3,150
Long-term debt	3,846	3,346
Operating lease liabilities, noncurrent	275	287
Deferred tax liabilities, net	195	207
Other noncurrent liabilities	170	175
Total liabilities	7,843	7,165
Equity:
Additional paid-in capital	1,973	1,942
Accumulated deficit	(1,601)	(1,710)
Accumulated other comprehensive loss, net	(220)	(202)
Total Warner Music Group Corp. equity	153	31
Noncontrolling interest	19	15
Total equity	172	46
Total liabilities and equity	8,015	7,211
Class A Common Stock
Equity:
Common stock	0	0
Class B Common Stock
Equity:
Common stock	$ 1	$ 1