10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
VISA INC. | ||
Ticker: V Fiscal Year: 2017 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Sept 30, 2017 10-K (Filed: Nov 17, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 30, 2017 | Sept 30, 2016 | |
| Assets | ||
| Cash and cash equivalents | $ 9,874 | 5,619 |
| Restricted cashU.S. litigation escrow (Note 3) | 1,031 | 1,027 |
| Investment securities (Note 4): | ||
| Trading | 82 | 71 |
| Available-for-sale | 3,482 | 3,248 |
| Settlement receivable | 1,422 | 1,467 |
| Accounts receivable | 1,132 | 1,041 |
| Customer collateral (Note 10) | 1,106 | 1,001 |
| Current portion of client incentives | 344 | 284 |
| Prepaid expenses and other current assets | 550 | 555 |
| Total current assets | 19,023 | 14,313 |
| Investment securities, available-for-sale (Note 4) | 1,926 | 3,931 |
| Client incentives | 591 | 448 |
| Property, equipment and technology, net (Note 5) | 2,253 | 2,150 |
| Other assets | 1,226 | 893 |
| Intangible assets, net (Note 2 and Note 6) | 27,848 | 27,234 |
| Goodwill (Note 2 and Note 6) | 15,110 | 15,066 |
| Total assets | 67,977 | 64,035 |
| Liabilities | ||
| Accounts payable | 179 | 203 |
| Settlement payable | 2,003 | 2,084 |
| Customer collateral (Note 10) | 1,106 | 1,001 |
| Accrued compensation and benefits | 757 | 673 |
| Client incentives | 2,089 | 1,976 |
| Accrued liabilities (Note 7) | 1,129 | 1,128 |
| Current maturities of long-term debt (Note 8) | 1,749 | 0 |
| Accrued litigation (Note 19) | 982 | 981 |
| Total current liabilities | 9,994 | 8,046 |
| Long-term debt (Note 8) | 16,618 | 15,882 |
| Deferred tax liabilities (Note 18) | 5,980 | 4,808 |
| Deferred purchase consideration | 1,304 | 1,225 |
| Other liabilities (Note 7) | 1,321 | 1,162 |
| Total liabilities | 35,217 | 31,123 |
| Equity | ||
| Treasury stock (Note 13) | 0 | (170) |
| Right to recover for covered losses (Note 3) | (52) | (34) |
| Additional paid-in capital | 16,900 | 17,395 |
| Accumulated income | 9,508 | 10,462 |
| Accumulated other comprehensive loss, net: | ||
| Investment securities, available-for-sale | 73 | 36 |
| Defined benefit pension and other postretirement plans | (76) | (225) |
| Derivative instruments classified as cash flow hedges | (36) | (50) |
| Foreign currency translation adjustments | 917 | (219) |
| Total accumulated other comprehensive loss, net | 878 | (458) |
| Total equity | 32,760 | 32,912 |
| Total liabilities and equity | 67,977 | 64,035 |
| Class of Stock | ||
| Series A convertible participating preferred stock | ||
| Preferred stock (Note 2 and Note 13) | 0 | 0 |
| Series B convertible participating preferred stock | ||
| Preferred stock (Note 2 and Note 13) | 2,326 | 2,516 |
| Series C convertible participating preferred stock | ||
| Preferred stock (Note 2 and Note 13) | 3,200 | 3,201 |
| Class A common stock | ||
| Common stock (Note 13) | 0 | 0 |
| Class B common stock | ||
| Common stock (Note 13) | 0 | 0 |
| Class C common stock | ||
| Common stock (Note 13) | 0 | 0 |
| External Links | |
| VISA INC. (V) Fiscal Year 2017 | |
| 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 |