Goodwill and Intangible Assets (Tables)

3 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill for Each Reportable Segment

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.

Schedule of Indefinite Intangible Assets

Intangible assets consist of the following:

	Weighted-Average Useful Life	December 31, 2021		September 30, 2021
		(in millions)
Intangible assets subject to amortization:
Recorded music catalog	12 years	$	1,338	$	1,206
Music publishing copyrights	25 years	2,005		1,730
Artist and songwriter contracts	13 years	1,068		997
Trademarks	14 years	106		96
Other intangible assets	6 years	96		96
Total gross intangible asset subject to amortization		4,613		4,125
Accumulated amortization		(2,141)		(2,108)
Total net intangible assets subject to amortization		2,472		2,017
Intangible assets not subject to amortization:
Trademarks and tradenames	Indefinite	152		154
Total net intangible assets		$	2,624	$	2,171

Schedule of Finite-Lived Intangible Assets

Intangible assets consist of the following:

	Weighted-Average Useful Life	December 31, 2021		September 30, 2021
		(in millions)
Intangible assets subject to amortization:
Recorded music catalog	12 years	$	1,338	$	1,206
Music publishing copyrights	25 years	2,005		1,730
Artist and songwriter contracts	13 years	1,068		997
Trademarks	14 years	106		96
Other intangible assets	6 years	96		96
Total gross intangible asset subject to amortization		4,613		4,125
Accumulated amortization		(2,141)		(2,108)
Total net intangible assets subject to amortization		2,472		2,017
Intangible assets not subject to amortization:
Trademarks and tradenames	Indefinite	152		154
Total net intangible assets		$	2,624	$	2,171