Mastercard Inc

For the period ended Dec 31, 2023. Filed Feb 13, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 13, 2024

MA$658.84+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheet

PART II

Consolidated Balance Sheet
	December 31,
	2023	2022
(in millions, except per share data)
Assets
Current assets:
Cash and cash equivalents	$8,588	$7,008
Restricted cash for litigation settlement	—	589
Restricted security deposits held for customers	1,845	1,568
Investments	592	400
Accounts receivable	4,060	3,425
Settlement assets	1,233	1,270
Prepaid expenses and other current assets	2,643	2,346
Total current assets	18,961	16,606
Property, equipment and right-of-use assets, net	2,061	2,006
Deferred income taxes	1,355	1,151
Goodwill	7,660	7,522
Other intangible assets, net	4,086	3,859
Other assets	8,325	7,580
Total Assets	$42,448	$38,724
Liabilities, Redeemable Non-controlling Interests and Equity
Current liabilities:
Accounts payable	$834	$926
Settlement obligations	1,399	1,111
Restricted security deposits held for customers	1,845	1,568
Accrued litigation	723	1,094
Accrued expenses	8,517	7,801
Short-term debt	1,337	274
Other current liabilities	1,609	1,397
Total current liabilities	16,264	14,171
Long-term debt	14,344	13,749
Deferred income taxes	369	393
Other liabilities	4,474	4,034
Total Liabilities	35,451	32,347
Commitments and Contingencies
Redeemable Non-controlling Interests	22	21
Stockholders’ Equity
Class A common stock, $0.0001 par value; authorized 3,000 shares, 1,402 and 1,399 shares issued and 927 and 948 shares outstanding, respectively	—	—
Class B common stock, $0.0001 par value; authorized 1,200 shares, 7 and 8 shares issued and outstanding, respectively	—	—
Additional paid-in-capital	5,893	5,298
Class A treasury stock, at cost, 475 and 451 shares, respectively	(60,429)	(51,354)
Retained earnings	62,564	53,607
Accumulated other comprehensive income (loss)	(1,099)	(1,253)
Mastercard Incorporated Stockholders' Equity	6,929	6,298
Non-controlling interests	46	58
Total Equity	6,975	6,356
Total Liabilities, Redeemable Non-controlling Interests and Equity	$42,448	$38,724
The accompanying notes are an integral part of these consolidated financial statements.

MASTERCARD 2023 FORM 10-K 70

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.