VISA INC
For the period ended Sep 30, 2024. Filed Nov 13, 2024.
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FY2024 · Filed Nov 13, 2024
V$422.16-0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
VISA
| September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| (in millions, except per share data) | ||
| Assets | ||
| Cash and cash equivalents | $11,975 | $16,286 |
| Restricted cash equivalents—U.S. litigation escrow | 3,089 | 1,764 |
| Investment securities | 3,200 | 3,842 |
| Settlement receivable | 4,454 | 2,183 |
| Accounts receivable | 2,561 | 2,291 |
| Customer collateral | 3,524 | 3,005 |
| Current portion of client incentives | 1,918 | 1,577 |
| Prepaid expenses and other current assets | 3,312 | 2,584 |
| Total current assets | 34,033 | 33,532 |
| Investment securities | 2,545 | 1,921 |
| Client incentives | 4,628 | 3,789 |
| Property, equipment and technology, net | 3,824 | 3,425 |
| Goodwill | 18,941 | 17,997 |
| Intangible assets, net | 26,889 | 26,104 |
| Other assets | 3,651 | 3,731 |
| Total assets | $94,511 | $90,499 |
| Liabilities | ||
| Accounts payable | $479 | $375 |
| Settlement payable | 5,265 | 3,269 |
| Customer collateral | 3,524 | 3,005 |
| Accrued compensation and benefits | 1,538 | 1,506 |
| Client incentives | 9,075 | 8,177 |
| Accrued liabilities | 4,909 | 5,015 |
| Accrued litigation | 1,727 | 1,751 |
| Total current liabilities | 26,517 | 23,098 |
| Long-term debt | 20,836 | 20,463 |
| Deferred tax liabilities | 5,301 | 5,114 |
| Other liabilities | 2,720 | 3,091 |
| Total liabilities | 55,374 | 51,766 |
| Commitments and contingencies (Note 18 and Note 20) | ||
| Equity | ||
| Preferred stock, $0.0001 par value, 5 shares issued and outstanding as of September 30, 2024 and 2023 | 1,031 | 1,698 |
| Common stock, $0.0001 par value: | ||
| Class A common stock, 1,733 and 1,594 shares issued and outstanding as of September 30, 2024 and 2023, respectively | — | — |
| Class B-1 and B-2 total common stock (collectively, class B common stock), 125 and 245 shares issued and outstanding as of September 30, 2024 and 2023, respectively | — | — |
| Class C common stock, 10 shares issued and outstanding as of September 30, 2024 and 2023 | — | — |
| Right to recover for covered losses | (104) | (140) |
| Additional paid-in capital | 21,229 | 20,452 |
| Accumulated income | 17,289 | 18,040 |
| Accumulated other comprehensive income (loss): | ||
| Investment securities | 30 | (64) |
| Defined benefit pension and other postretirement plans | (16) | (155) |
| Derivative instruments | (213) | (177) |
| Foreign currency translation adjustments | (109) | (921) |
| Total accumulated other comprehensive income (loss) | (308) | (1,317) |
| Total equity | 39,137 | 38,733 |
| Total liabilities and equity | $94,511 | $90,499 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.