Warner Music Group Corp
NASDAQ:WMG
Balance Sheet
Balance Sheet Decomposition
Warner Music Group Corp
Current Assets | 2.6B |
Cash & Short-Term Investments | 754m |
Receivables | 1.2B |
Other Current Assets | 667m |
Non-Current Assets | 6.4B |
PP&E | 708m |
Intangibles | 4.6B |
Other Non-Current Assets | 1.1B |
Current Liabilities | 3.7B |
Accounts Payable | 246m |
Accrued Liabilities | 3.1B |
Other Current Liabilities | 429m |
Non-Current Liabilities | 4.8B |
Long-Term Debt | 4B |
Other Non-Current Liabilities | 779m |
Balance Sheet
Warner Music Group Corp
Sep-2014 | Sep-2015 | Sep-2016 | Sep-2017 | Sep-2018 | Sep-2019 | Sep-2020 | Sep-2021 | Sep-2022 | Sep-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
157
|
246
|
359
|
647
|
514
|
619
|
553
|
499
|
584
|
641
|
|
Cash Equivalents |
157
|
246
|
359
|
647
|
514
|
619
|
553
|
499
|
584
|
641
|
|
Total Receivables |
383
|
349
|
329
|
404
|
447
|
775
|
771
|
839
|
984
|
1 120
|
|
Accounts Receivables |
383
|
349
|
329
|
404
|
447
|
775
|
771
|
839
|
984
|
1 120
|
|
Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Inventory |
39
|
42
|
41
|
39
|
42
|
74
|
79
|
99
|
108
|
126
|
|
Other Current Assets |
203
|
190
|
179
|
185
|
173
|
223
|
275
|
459
|
463
|
515
|
|
Total Current Assets |
782
|
827
|
908
|
1 275
|
1 176
|
1 691
|
1 678
|
1 896
|
2 139
|
2 402
|
|
PP&E Net |
227
|
220
|
203
|
213
|
229
|
300
|
604
|
632
|
641
|
703
|
|
PP&E Gross |
0
|
0
|
0
|
213
|
229
|
300
|
604
|
632
|
641
|
703
|
|
Accumulated Depreciation |
0
|
0
|
0
|
210
|
257
|
307
|
355
|
419
|
461
|
523
|
|
Intangible Assets |
3 004
|
2 633
|
2 317
|
2 207
|
2 005
|
1 874
|
1 807
|
2 171
|
2 384
|
2 502
|
|
Goodwill |
1 661
|
1 632
|
1 627
|
1 685
|
1 692
|
1 761
|
1 831
|
1 830
|
1 920
|
1 993
|
|
Other Long-Term Assets |
280
|
309
|
280
|
338
|
242
|
391
|
490
|
682
|
744
|
945
|
|
Other Assets |
1 661
|
1 632
|
1 627
|
1 685
|
1 692
|
1 761
|
1 831
|
1 830
|
1 920
|
1 993
|
|
Total Assets |
5 954
N/A
|
5 621
-6%
|
5 335
-5%
|
5 718
+7%
|
5 344
-7%
|
6 017
+13%
|
6 410
+7%
|
7 211
+12%
|
7 828
+9%
|
8 545
+9%
|
|
Liabilities | |||||||||||
Accounts Payable |
215
|
173
|
204
|
208
|
281
|
260
|
264
|
302
|
268
|
300
|
|
Accrued Liabilities |
1 435
|
1 441
|
1 439
|
1 669
|
1 850
|
2 093
|
2 079
|
2 398
|
2 432
|
2 811
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
13
|
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Current Liabilities |
222
|
230
|
199
|
223
|
242
|
466
|
377
|
450
|
668
|
428
|
|
Total Current Liabilities |
1 885
|
1 857
|
1 842
|
2 100
|
2 373
|
2 819
|
2 720
|
3 150
|
3 368
|
3 539
|
|
Long-Term Debt |
3 017
|
2 981
|
2 778
|
2 811
|
2 819
|
2 974
|
3 104
|
3 346
|
3 732
|
3 964
|
|
Deferred Income Tax |
383
|
302
|
269
|
190
|
165
|
172
|
163
|
207
|
220
|
216
|
|
Minority Interest |
19
|
18
|
15
|
15
|
14
|
20
|
18
|
15
|
16
|
123
|
|
Other Liabilities |
279
|
242
|
236
|
309
|
307
|
321
|
468
|
462
|
340
|
396
|
|
Total Liabilities |
5 583
N/A
|
5 400
-3%
|
5 140
-5%
|
5 425
+6%
|
5 678
+5%
|
6 306
+11%
|
6 473
+3%
|
7 180
+11%
|
7 676
+7%
|
8 238
+7%
|
|
Equity | |||||||||||
Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
|
Retained Earnings |
649
|
740
|
715
|
654
|
1 272
|
1 177
|
1 749
|
1 710
|
1 477
|
1 387
|
|
Additional Paid In Capital |
1 128
|
1 128
|
1 128
|
1 128
|
1 128
|
1 128
|
1 907
|
1 942
|
1 975
|
2 015
|
|
Other Equity |
108
|
167
|
218
|
181
|
190
|
240
|
222
|
202
|
347
|
322
|
|
Total Equity |
371
N/A
|
221
-40%
|
195
-12%
|
293
+50%
|
334
N/A
|
289
+13%
|
63
+78%
|
31
N/A
|
152
+390%
|
307
+102%
|
|
Total Liabilities & Equity |
5 954
N/A
|
5 621
-6%
|
5 335
-5%
|
5 718
+7%
|
5 344
-7%
|
6 017
+13%
|
6 410
+7%
|
7 211
+12%
|
7 828
+9%
|
8 545
+9%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
510
|
510
|
510
|
510
|
510
|
510
|
510
|
514
|
515
|
516
|