10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
VISA INC. | ||
Ticker: V Fiscal Year: 2016 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Sept 30, 2016 10-K (Filed: Nov 15, 2016) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 30, 2016 | Sept 30, 2015 | |
| Assets | ||
| Cash and cash equivalents | $ 5,619 | 3,518 |
| Restricted cashU.S. litigation escrow (Note 3) | 1,027 | 1,072 |
| Investment securities (Note 4): | ||
| Trading | 71 | 66 |
| Available-for-sale | 3,248 | 2,431 |
| Settlement receivable | 1,467 | 408 |
| Accounts receivable | 1,041 | 847 |
| Customer collateral (Note 11) | 1,001 | 1,023 |
| Current portion of client incentives | 284 | 303 |
| Prepaid expenses and other current assets (Note 5) | 555 | 353 |
| Total current assets | 14,313 | 10,021 |
| Investment securities, available-for-sale (Note 4) | 3,931 | 3,384 |
| Client incentives | 448 | 110 |
| Property, equipment and technology, net (Note 6) | 2,150 | 1,888 |
| Other assets (Note 5) | 893 | 778 |
| Intangible assets, net (Note 7) | 27,234 | 11,361 |
| Goodwill | 15,066 | 11,825 |
| Total assets | 64,035 | 39,367 |
| Liabilities | ||
| Accounts payable | 203 | 127 |
| Settlement payable | 2,084 | 780 |
| Customer collateral (Note 11) | 1,001 | 1,023 |
| Accrued compensation and benefits | 673 | 503 |
| Client incentives | 1,976 | 1,049 |
| Accrued liabilities (Note 8) | 1,128 | 849 |
| Accrued litigation (Note 20) | 981 | 1,024 |
| Total current liabilities | 8,046 | 5,355 |
| Long-term debt (Note 9) | 15,882 | 0 |
| Deferred tax liabilities (Note 19) | 4,808 | 3,273 |
| Deferred purchase consideration (Note 2) | 1,225 | 0 |
| Other liabilities (Note 8) | 1,162 | 897 |
| Total liabilities | 31,123 | 9,525 |
| Commitments and contingencies (Note 17) | ||
| Equity | ||
| Treasury stock (Note 2 and Note 14) | (170) | 0 |
| Right to recover for covered losses (Note 3) | (34) | 0 |
| Additional paid-in capital | 17,395 | 18,073 |
| Accumulated income | 10,462 | 11,843 |
| Accumulated other comprehensive loss, net: | ||
| Investment securities, available-for-sale | 36 | 5 |
| Defined benefit pension and other postretirement plans | (225) | (161) |
| Derivative instruments classified as cash flow hedges | (50) | 83 |
| Foreign currency translation adjustments | (219) | (1) |
| Total accumulated other comprehensive loss, net | (458) | (74) |
| Total equity | 32,912 | 29,842 |
| Total liabilities and equity | 64,035 | 39,367 |
| Class of Stock | ||
| Series A convertible participating preferred stock | ||
| Preferred stock (Note 14) | 0 | 0 |
| Series B convertible participating preferred stock | ||
| Preferred stock (Note 14) | 2,516 | 0 |
| Series C convertible participating preferred stock | ||
| Preferred stock (Note 14) | 3,201 | 0 |
| Class A common stock | ||
| Common stock (Note 14) | 0 | 0 |
| Class B common stock | ||
| Common stock (Note 14) | 0 | 0 |
| Class C common stock | ||
| Common stock (Note 14) | 0 | 0 |
| External Links | |
| VISA INC. (V) Fiscal Year 2016 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |