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: 2021 | |||
CONSOLIDATED STATEMENTS OF OPERATIONS | |||
Period Ending Sept 30, 2021 10-K (Filed: Nov 18, 2021) | |||
| (In Millions) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 30, 2021 | Sept 30, 2020 | Sept 30, 2019 | |
| Net revenues | $ 24,105 | 21,846 | 22,977 |
| Operating Expenses | |||
| Personnel | 4,240 | 3,785 | 3,444 |
| Marketing | 1,136 | 971 | 1,105 |
| Network and processing | 730 | 727 | 721 |
| Professional fees | 403 | 408 | 454 |
| Depreciation and amortization | 804 | 767 | 656 |
| General and administrative | 985 | 1,096 | 1,196 |
| Litigation provision | 3 | 11 | 400 |
| Total operating expenses | 8,301 | 7,765 | 7,976 |
| Operating income | 15,804 | 14,081 | 15,001 |
| Non-operating Income (Expense) | |||
| Interest expense, net | (513) | (516) | (533) |
| Investment income and other | 772 | 225 | 416 |
| Total non-operating income (expense) | 259 | (291) | (117) |
| Income before income taxes | 16,063 | 13,790 | 14,884 |
| Income tax provision | 3,752 | 2,924 | 2,804 |
| Net income | 12,311 | 10,866 | 12,080 |
| Earnings Per Share [Abstract] | |||
| Class of Stock | |||
| Class A common stock | |||
| Basic earnings per share (in dollars per share) | 5.63 | 4.90 | 5.32 |
| Basic weighted-average shares outstanding (in shares) | 1,691 | 1,697 | 1,742 |
| Diluted earnings per share (in dollars per share) | 5.63 | 4.89 | 5.32 |
| Diluted weighted-average shares outstanding (in shares) | 2,188 | 2,223 | 2,272 |
| Class B common stock | |||
| Basic earnings per share (in dollars per share) | 9.14 | 7.94 | 8.68 |
| Basic weighted-average shares outstanding (in shares) | 245 | 245 | 245 |
| Diluted earnings per share (in dollars per share) | 9.13 | 7.93 | 8.66 |
| Diluted weighted-average shares outstanding (in shares) | 245 | 245 | 245 |
| Class C common stock | |||
| Basic earnings per share (in dollars per share) | 22.53 | 19.58 | 21.30 |
| Basic weighted-average shares outstanding (in shares) | 10 | 11 | 12 |
| Diluted earnings per share (in dollars per share) | 22.51 | 19.56 | 21.26 |
| Diluted weighted-average shares outstanding (in shares) | 10 | 11 | 12 |
| External Links | |
| VISA INC. (V) Fiscal Year 2021 | |
| 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 |