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: 2019 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Sept 30, 2019 10-K (Filed: Nov 14, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Sept 30, 2019 | Sept 30, 2018 | |
| Assets | ||
| Cash and cash equivalents | $ 7,838 | 8,162 |
| Restricted cash equivalentsU.S. litigation escrow (Note 4 and Note 5) | 1,205 | 1,491 |
| Investment securities (Note 6) | 4,236 | 3,547 |
| Settlement receivable | 3,048 | 1,582 |
| Accounts receivable | 1,542 | 1,208 |
| Customer collateral (Note 4 and Note 11) | 1,648 | 1,324 |
| Current portion of client incentives | 741 | 340 |
| Prepaid expenses and other current assets | 712 | 562 |
| Total current assets | 20,970 | 18,216 |
| Investment securities (Note 6) | 2,157 | 4,082 |
| Client incentives | 2,084 | 538 |
| Property, equipment and technology, net (Note 7) | 2,695 | 2,472 |
| Goodwill (Note 8) | 15,656 | 15,194 |
| Intangible assets, net (Note 8) | 26,780 | 27,558 |
| Other assets | 2,232 | 1,165 |
| Total assets | 72,574 | 69,225 |
| Liabilities | ||
| Accounts payable | 156 | 183 |
| Settlement payable | 3,990 | 2,168 |
| Customer collateral (Note 4 and Note 11) | 1,648 | 1,325 |
| Accrued compensation and benefits | 796 | 901 |
| Client incentives | 3,997 | 2,834 |
| Accrued liabilities | 1,625 | 1,160 |
| Deferred purchase consideration | 0 | 1,300 |
| Accrued litigation (Note 20) | 1,203 | 1,434 |
| Total current liabilities | 13,415 | 11,305 |
| Long-term debt (Note 9) | 16,729 | 16,630 |
| Deferred tax liabilities (Note 19) | 4,807 | 4,618 |
| Other liabilities | 2,939 | 2,666 |
| Total liabilities | 37,890 | 35,219 |
| Equity | ||
| Right to recover for covered losses (Note 5) | (171) | (7) |
| Additional paid-in capital | 16,541 | 16,678 |
| Accumulated income | 13,502 | 11,318 |
| Accumulated other comprehensive income (loss), net: | ||
| Investment securities | 6 | (17) |
| Defined benefit pension and other postretirement plans | (192) | (61) |
| Derivative instruments | 199 | 60 |
| Foreign currency translation adjustments | 663 | (565) |
| Total accumulated other comprehensive income (loss), net | (650) | 547 |
| Total equity | 34,684 | 34,006 |
| Total liabilities and equity | 72,574 | 69,225 |
| Class of Stock | ||
| Series A convertible participating preferred stock | ||
| Preferred stock | 0 | 0 |
| Series B convertible participating preferred stock | ||
| Preferred stock | 2,285 | 2,291 |
| Series C convertible participating preferred stock | ||
| Preferred stock | 3,177 | 3,179 |
| Class A common stock | ||
| Common stock | 0 | 0 |
| Class B common stock | ||
| Common stock | 0 | 0 |
| Class C common stock | ||
| Common stock | 0 | 0 |
| External Links | |
| VISA INC. (V) Fiscal Year 2019 | |
| 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 |