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: 2018 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Sept 30, 2018 10-K (Filed: Nov 16, 2018) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 30, 2018 | Sept 30, 2017 | |
| Assets | ||
| Cash and cash equivalents | $ 8,162 | 9,874 |
| Restricted cashU.S. litigation escrow (Note 2) | 1,491 | 1,031 |
| Investment securities (Note 3): | ||
| Trading | 98 | 82 |
| Available-for-sale | 3,449 | 3,482 |
| Settlement receivable | 1,582 | 1,422 |
| Accounts receivable | 1,208 | 1,132 |
| Customer collateral (Note 8) | 1,324 | 1,106 |
| Current portion of client incentives | 340 | 344 |
| Prepaid expenses and other current assets | 562 | 550 |
| Total current assets | 18,216 | 19,023 |
| Investment securities, available-for-sale (Note 3) | 4,082 | 1,926 |
| Client incentives | 538 | 591 |
| Property, equipment and technology, net (Note 4) | 2,472 | 2,253 |
| Goodwill (Note 5) | 15,194 | 15,110 |
| Intangible assets, net (Note 5) | 27,558 | 27,848 |
| Other assets | 1,165 | 1,226 |
| Total assets | 69,225 | 67,977 |
| Liabilities | ||
| Accounts payable | 183 | 179 |
| Settlement payable | 2,168 | 2,003 |
| Customer collateral (Note 8) | 1,325 | 1,106 |
| Accrued compensation and benefits | 901 | 757 |
| Client incentives | 2,834 | 2,089 |
| Accrued liabilities | 1,160 | 1,129 |
| Deferred purchase consideration | 1,300 | 0 |
| Current maturities of long-term debt (Note 6) | 0 | 1,749 |
| Accrued litigation (Note 17) | 1,434 | 982 |
| Total current liabilities | 11,305 | 9,994 |
| Long-term debt (Note 6) | 16,630 | 16,618 |
| Deferred tax liabilities (Note 16) | 4,618 | 5,980 |
| Deferred purchase consideration | 0 | 1,304 |
| Other liabilities | 2,666 | 1,321 |
| Total liabilities | 35,219 | 35,217 |
| Equity | ||
| Right to recover for covered losses (Note 2) | (7) | (52) |
| Additional paid-in capital | 16,678 | 16,900 |
| Accumulated income | 11,318 | 9,508 |
| Accumulated other comprehensive income (loss), net: | ||
| Investment securities, available-for-sale | (17) | 73 |
| Defined benefit pension and other postretirement plans | (61) | (76) |
| Derivative instruments classified as cash flow hedges | 60 | (36) |
| Foreign currency translation adjustments | 565 | 917 |
| Total accumulated other comprehensive income (loss), net | 547 | 878 |
| Total equity | 34,006 | 32,760 |
| Total liabilities and equity | 69,225 | 67,977 |
| Class of Stock | ||
| Series A convertible participating preferred stock | ||
| Preferred stock (Note 11) | 0 | 0 |
| Series B convertible participating preferred stock | ||
| Preferred stock (Note 11) | 2,291 | 2,326 |
| Series C convertible participating preferred stock | ||
| Preferred stock (Note 11) | 3,179 | 3,200 |
| Class A common stock | ||
| Common stock (Note 11) | 0 | 0 |
| Class B common stock | ||
| Common stock (Note 11) | 0 | 0 |
| Class C common stock | ||
| Common stock (Note 11) | 0 | 0 |
| External Links | |
| VISA INC. (V) Fiscal Year 2018 | |
| 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 |