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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating Revenues        
Service revenues $ 1,298 $ 1,216 $ 3,967 $ 3,608
Data processing revenues 1,191 1,040 3,456 2,913
International transaction revenues 854 748 2,490 2,229
Other revenues 179 175 533 532
Client incentives (521) (614) (1,641) (1,592)
Total operating revenues 3,001 2,565 8,805 7,690
Operating Expenses        
Personnel 493 435 1,433 1,255
Marketing 252 242 640 602
Network and processing 117 102 346 303
Professional fees 103 99 282 251
Depreciation and amortization 101 84 291 244
General and administrative 108 112 322 320
Litigation provision (Note 11) (1) 4,098 3 4,098
Total operating expenses 1,173 5,172 3,317 7,073
Operating income (loss) 1,828 (2,607) 5,488 617
Non-operating income 5 0 3 2
Income (loss) before income taxes 1,833 (2,607) 5,491 619
Income tax provision (benefit) 608 (768) 1,703 139
Net income (loss) including non-controlling interest 1,225 (1,839) 3,788 480
Loss attributable to non-controlling interest          2
Net income (loss) attributable to Visa Inc. $ 1,225 [1],[2] $ (1,839) [1],[2] $ 3,788 [1],[2] $ 482 [1],[2]
Class A common stock
       
Earnings Per Share        
Basic earnings (loss) per share (Note 8) $ 1.89 [1] $ (2.74) [1] $ 5.76 [1] $ 0.71 [1]
Basic weighted-average shares outstanding (Note 8) 515 [1] 525 [1] 524 [1] 523 [1]
Diluted earnings (loss) per share (Note 8) $ 1.88 [1] $ (2.74) [1] $ 5.74 [1] $ 0.71 [1]
Diluted weighted-average shares outstanding (Note 8) 651 [1],[3] 672 [1],[3] 660 [1],[3] 681 [1],[3]
Class B common stock
       
Earnings Per Share        
Basic earnings (loss) per share (Note 8) $ 0.79 [1] $ (1.16) [1] $ 2.42 [1] $ 0.32 [1]
Basic weighted-average shares outstanding (Note 8) 245 [1] 245 [1] 245 [1] 245 [1]
Diluted earnings (loss) per share (Note 8) $ 0.79 [1] $ (1.16) [1] $ 2.41 [1] $ 0.32 [1]
Diluted weighted-average shares outstanding (Note 8) 245 [1] 245 [1] 245 [1] 245 [1]
Class C common stock
       
Earnings Per Share        
Basic earnings (loss) per share (Note 8) $ 1.89 [1] $ (2.74) [1] $ 5.76 [1] $ 0.71 [1]
Basic weighted-average shares outstanding (Note 8) 28 [1] 40 [1] 29 [1] 43 [1]
Diluted earnings (loss) per share (Note 8) $ 1.88 [1] $ (2.74) [1] $ 5.74 [1] $ 0.71 [1]
Diluted weighted-average shares outstanding (Note 8) 28 [1] 40 [1] 29 [1] 43 [1]
[1] Figures in the table may not recalculate exactly due to rounding. Earnings (loss) per share is calculated based on whole numbers, not the rounded numbers presented.
[2] Net income (loss) 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 (loss) allocation were 103 million for the three and nine months ended June 30, 2013, and 104 million and 110 million for the three and nine months ended June 30, 2012, respectively.
[3] Weighted-average diluted shares outstanding are calculated on an as-converted basis, and include incremental common stock equivalents, as calculated under the treasury stock method. The computation includes 2 million common stock equivalents for the three and nine months ended June 30, 2013, and 3 million for the nine months ended June 30, 2012, because their effect would have been dilutive. The computation excludes less than 1 million common stock equivalents for the three and nine months ended June 30, 2013 and the nine months ended June 30, 2012, because their effect would have been anti-dilutive. The computation also excludes 7 million outstanding stock awards for the three months ended June 30, 2012, because their effect would have been anti-dilutive as the Company had a net loss.