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Settlement Guarantee Management (Tables) | 3 Months Ended
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Dec. 31, 2016
Business Acquisition [Line Items] |
Schedule of Customer Collateral | The Company maintained collateral as follows:
| December 31, 2016 |  | September 30, 2016
| (in millions)
Cash equivalents(1) | $ | 1,283 |  |  | $ | 1,295 |
Pledged securities at market value | 166 |  |  | 170 |
Letters of credit | 1,328 |  |  | 1,311 |
Guarantees | 1,443 |  |  | 1,418 |
Total | $ | 4,220 |  |  | $ | 4,194 |
Visa Europe |
Business Acquisition [Line Items] |
Schedule of Customer Collateral |
(1) | Cash collateral held by Visa Europe is not included on the Company's consolidated balance sheets as its clients retain beneficial ownership and the cash is only accessible to the Company in the event of default by the client on its settlement obligations.

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- Details
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