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Goodwill and Intangible Assets (Tables)
12 Months Ended
Sep. 30, 2016
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)

 

Balance at September 30, 2014

 

$

1,197

 

 

$

464

 

 

$

1,661

 

Acquisitions

 

 

3

 

 

 

 

 

 

3

 

Dispositions

 

 

 

 

 

 

 

 

 

Other adjustments

 

 

(32

)

 

 

 

 

 

(32

)

Balance at September 30, 2015

 

$

1,168

 

 

$

464

 

 

$

1,632

 

Acquisitions

 

 

13

 

 

 

 

 

 

13

 

Dispositions

 

 

(12

)

 

 

 

 

 

(12

)

Other adjustments

 

 

(6

)

 

 

 

 

 

(6

)

Balance at September 30, 2016

 

$

1,163

 

 

$

464

 

 

$

1,627

 

 

Schedule of Intangible Assets

Intangible assets consist of the following:

 

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

Average

 

September 30,

 

 

September 30,

 

 

 

Useful Life

 

2016

 

 

2015

 

 

 

 

 

(in millions)

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

Recorded music catalog

 

10 years

 

$

923

 

 

$

992

 

Music publishing copyrights

 

27 years

 

 

1,504

 

 

 

1,497

 

Artist and songwriter contracts

 

13 years

 

 

883

 

 

 

926

 

Trademarks

 

7 years

 

 

7

 

 

 

7

 

Other intangible assets

 

8 years

 

 

5

 

 

 

 

Total gross intangible asset subject to amortization

 

 

 

 

3,322

 

 

 

3,422

 

Accumulated amortization

 

 

 

 

(1,121

)

 

 

(908

)

Total net intangible assets subject to amortization

 

 

 

 

2,201

 

 

 

2,514

 

Intangible assets not subject to amortization:

 

 

 

 

 

 

 

 

 

 

Trademarks and tradenames

 

Indefinite

 

 

116

 

 

 

119

 

Total net other intangible assets

 

 

 

$

2,317

 

 

$

2,633

 

 

Expected Amortization of Intangible Assets

Based on the amount of intangible assets subject to amortization at September 30, 2016, the expected amortization for each of the next five fiscal years and thereafter are as follows:

 

 

 

 

 

 

 

Fiscal Years Ended

 

 

 

 

 

 

 

September 30,

 

 

 

 

 

 

 

(in millions)

 

2017

 

 

 

 

 

$

205

 

2018

 

 

 

 

 

 

205

 

2019

 

 

 

 

 

 

190

 

2020

 

 

 

 

 

 

175

 

2021

 

 

 

 

 

 

175

 

Thereafter

 

 

 

 

 

 

1,251

 

 

 

 

 

 

 

$

2,201