v3.3.0.814
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Class A common stock
Common Stock Class B
[1],[2]
Common Stock Class C
[1],[2]
Additional Paid-In Capital
Accumulated Income
Accumulated Other Comprehensive (Loss) Income
Common Stock [Member]
Class A common stock
Common Stock [Member]
Common Stock Class B
Common Stock [Member]
Common Stock Class C
Beginning Balance (in shares) at Sep. 30, 2012               2,139,000,000 245,000,000 31,000,000
Beginning Balance at Sep. 30, 2012 $ 27,630       $ 19,992 $ 7,809 $ (171)      
Net income 4,980 [1] $ 3,959 [1] $ 786 $ 216   4,980        
Other comprehensive income, net of tax 192           192      
Comprehensive income 5,172                  
Conversion of class C common stock upon sale into public market (in shares)               14,000,000   (4,000,000)
Issuance and vesting of restricted stock and performance-based shares (in shares)               6,000,000    
Share-based compensation, net of forfeitures (Note 16) (less than 1 million for the year ended September 30, 2013, in shares) [3]               0    
Share-based compensation, net of forfeitures (Note 16) 179       179          
Restricted stock and performance-based shares settled in cash for taxes (in shares)               (2,000,000)    
Restricted stock and performance-based shares settled in cash for taxes (64)       (64)          
Excess tax benefit for share-based compensation 74       74          
Cash proceeds from issuance of common stock under employee equity plans (in shares)               6,000,000    
Cash proceeds from issuance of common stock under employee equity plans 108       108          
Cash dividends declared and paid, at a quarterly amount of $0.12 in FY 2015, $0.10 in FY 2014, and $0.0825 in FY 2013 per as-converted share (864)         (864)        
Repurchase of class A common stock (in shares)               (132,000,000)    
Repurchase of class A common stock (5,365)       (1,414) (3,951)        
Ending Balance (in shares) at Sep. 30, 2013               2,031,000,000 245,000,000 27,000,000
Ending Balance at Sep. 30, 2013 26,870       18,875 7,974 21      
Net income 5,438 [1] $ 4,307 [1] 892 222   5,438        
Other comprehensive income, net of tax (38)           (38)      
Comprehensive income 5,400                  
Conversion of class C common stock upon sale into public market (in shares)               19,000,000   (5,000,000)
Issuance and vesting of restricted stock and performance-based shares (in shares)               4,000,000    
Share-based compensation, net of forfeitures (Note 16) (less than 1 million for the year ended September 30, 2013, in shares) [3]               (1,000,000)    
Share-based compensation, net of forfeitures (Note 16) 172       172          
Restricted stock and performance-based shares settled in cash for taxes (in shares)               (1,000,000)    
Restricted stock and performance-based shares settled in cash for taxes (86)       (86)          
Excess tax benefit for share-based compensation 90       90          
Cash proceeds from issuance of common stock under employee equity plans (in shares)               5,000,000    
Cash proceeds from issuance of common stock under employee equity plans 91       91          
Cash dividends declared and paid, at a quarterly amount of $0.12 in FY 2015, $0.10 in FY 2014, and $0.0825 in FY 2013 per as-converted share (1,006)         (1,006)        
Repurchase of class A common stock (in shares)   (79,000,000) [4]           (79,000,000)    
Repurchase of class A common stock (4,118) $ (4,118)     (843) (3,275)        
Ending Balance (in shares) at Sep. 30, 2014               1,978,000,000 245,000,000 22,000,000
Ending Balance at Sep. 30, 2014 27,413       18,299 9,131 (17)      
Net income 6,328 [1] $ 5,044 [1] $ 1,045 $ 224   6,328        
Other comprehensive income, net of tax (57)           (57)      
Comprehensive income 6,271                  
Conversion of class C common stock upon sale into public market (in shares)               11,000,000   (2,000,000)
Issuance and vesting of restricted stock and performance-based shares (in shares)               4,000,000    
Share-based compensation, net of forfeitures (Note 16) (less than 1 million for the year ended September 30, 2013, in shares) [3]               (1,000,000)    
Share-based compensation, net of forfeitures (Note 16) 187       187          
Restricted stock and performance-based shares settled in cash for taxes (in shares)               (1,000,000)    
Restricted stock and performance-based shares settled in cash for taxes (108)       (108)          
Excess tax benefit for share-based compensation $ 84       84          
Cash proceeds from issuance of common stock under employee equity plans (in shares) 3,036,701             3,000,000    
Cash proceeds from issuance of common stock under employee equity plans $ 82       82          
Cash dividends declared and paid, at a quarterly amount of $0.12 in FY 2015, $0.10 in FY 2014, and $0.0825 in FY 2013 per as-converted share (1,177)         (1,177)        
Repurchase of class A common stock (in shares)   (44,000,000) [4]           (44,000,000)    
Repurchase of class A common stock (2,910) $ (2,910)     (471) (2,439)        
Ending Balance (in shares) at Sep. 30, 2015               1,950,000,000 245,000,000 20,000,000
Ending Balance at Sep. 30, 2015 $ 29,842       $ 18,073 $ 11,843 $ (74)      
[1] Net income attributable to Visa Inc. is allocated based on proportional ownership on an as-converted basis. The weighted-average numbers of shares of as-converted class B common stock used in the income allocation were 405 million for fiscal 2015 and 413 million for fiscal 2014 and 2013. The weighted-average number of shares of as-converted class C common stock used in the income allocation was 87 million, 103 million and 113 million for fiscal 2015, 2014 and 2013, respectively.
[2] The outstanding number of shares of class B and C common stock were not impacted by the stock split as these stockholders received an adjustment to their respective conversion ratios instead of stock dividends. See Note 14—Stockholders' Equity. Weighted-average basic and diluted shares outstanding for class B and C common stock are calculated based on the common shares outstanding of each respective class rather than on an as-converted basis.
[3] Decrease in Class A common stock relates to forfeitures of restricted stock awards.
[4] All shares repurchased in the open market have been retired and constitute authorized but unissued shares.