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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Jun. 30, 2013
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Jun. 30, 2012
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Jun. 30, 2013
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Jun. 30, 2012
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| 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] | ||||||
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Class A common stock
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| 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] | ||||||
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Class B common stock
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| 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] | ||||||
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Class C common stock
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| 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] | ||||||
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| X | ||||||||||
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- Definition
The amount of expense in the period for communications and data processing expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of loss pertaining to the specified contingency that was charged against earnings in the period, including the effects of revisions in previously reported estimates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total expense recognized in the period for promotion, public relations, and brand or product advertising. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of Net Income (Loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition
Revenues from the sale of other goods or rendering of other services, not elsewhere specified in the taxonomy; net of (reduced by) sales adjustments, returns, allowances, and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
A fee charged for services from professionals such as doctors, lawyers and accountants. The term is often expanded to include other professions, for example, pharmacists charging to maintain a medicinal profile of a client or customer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Client incentives represent incentives earned by financial institution customers, merchants, and other business partners in connection with programs designed to build payments volume and increase product acceptance. These incentives are primarily recorded as a reduction of operating revenue in accordance with EITF Issue No. 01-9, Accounting for Consideration Given by a Vendor to a Customer (Including a Reseller of the Vendor's Products) ("EITF 01-9"), over the period of benefit. No definition available.
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| X | ||||||||||
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- Definition
Data processing revenues consist of fees charged to customers for providing transaction processing and other payment services, including processing services provided under our bilateral services agreement with Visa Europe. Data processing revenues are based on information we accumulate from VisaNet, our secure, centralized, global processing platform, which provides transaction processing services linking issuers and acquirers. Data processing revenues are recognized as revenues in the same period the related transaction occurs or services are rendered. No definition available.
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| X | ||||||||||
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- Definition
The sum of operating profit and nonoperating income (expense) before income taxes and minority interest. No definition available.
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- Definition
International transaction revenues are assessed to customers on transactions where an issuer is domiciled in one country and a merchant's acquirer is located in another country. International transaction revenues are generally driven by cross-border payments volume, which includes single currency transactions, and currency conversion activities for transactions involving more than one currency. International transaction revenues are influenced in large part by levels of travel and the extent to which Visa-branded products are utilized for travel purposes. These revenues are recognized in the same period the related transactions occur or services are performed. No definition available.
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- Definition
Service revenues reflect payments by customers for their participation in card programs carrying our brands. Service revenues are primarily calculated on the payments volume of products carrying the Visa brand. We rely on our customers to report payments volume to us. Service revenues in a given quarter are assessed based on payments volume in the prior quarter, excluding PIN-based debit volume. No definition available.
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