XML 56 R35.htm IDEA: XBRL DOCUMENT

Investments and Fair Value Measurements (Tables)

12 Months Ended

Sep. 30, 2011

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and Liabilities Measured at Fair Value on a Recurring Basis.


	Fair Value Measurements at September 30 Using Inputs Considered as
	Level 1				Level 2				Level 3
	2011		2010		2011		2010		2011		2010
	(in millions)
Assets
Cash equivalents and restricted cash
Money market funds and time deposits	$	4,225	$	5,448
U.S. government-sponsored debt securities					$	175
Investment securities
U.S. government-sponsored debt securities						1,568	$	135
U.S. Treasury securities		350		—
Equity securities		57		60
Auction rate securities									$	7	$	13
Prepaid and other current assets
Foreign exchange derivative instruments						30		5

	$	4,632	$	5,508	$	1,773	$	140	$	7	$	13

Liabilities
Accrued liabilities
Visa Europe put option									$	145	$	267
Earn-out related to PlaySpan acquisition										24		—
Foreign exchange derivative instruments					$	7	$	56

Available-for-sale Securities

Available-for-sale investment securities, which are recorded at fair value, consist of the types of securities presented below. The amortized cost, unrealized gains and losses, and fair value of available-for-sale securities are as follows:


	September 30, 2011 (in millions)									September 30, 2010 (in millions)
	Amortized Cost		Gross Unrealized				Fair Value			Amortized Cost		Gross Unrealized				Fair Value
	Amortized Cost		Gains		Losses		Fair Value			Amortized Cost		Gains		Losses		Fair Value
September 30:
Debt securities:
U.S. Treasury securities	$	350	$	—	$	—	$	350		$	—	$	—	$	—	$	—
U.S. government-sponsored debt securities		1,568		—		—		1,568			130		5		—		135
Auction rate securities		7		—		—		7			13		—		—		13

Total	$	1,925	$	—	$	—	$	1,925		$	143	$	5	$	—	$	148
Less: current portion of available-for-sale securities								(1,214	)								(124	)

Long-term available-for-sale securities							$	711								$	24

Investments Classified by Contractual Maturity Date

The contractual maturity of available-for-sale debt securities regardless of their balance sheet classification is presented below. Contractual maturities may differ from expected maturities as borrowers may have the right to prepay certain obligations in advance of the contractual due date.


	Amortized Cost		Fair Value
	(in millions)
September 30, 2011:
Due within one year	$	1,214	$	1,214
Due after 1 year through 5 years		704		704
Due after 5 years through 10 years		—		—
Due after 10 years		7		7

Total	$	1,925	$	1,925

Investment Income

Investment income, net, consisted of the following:


	For the Years Ended September 30,
	2011			2010			2009
	(in millions)
Interest and dividend income on cash and investments	$	16		$	26		$	113
Gain on other investments		92			20			473
Investment securities-available-for-sale:
Gross realized gains		4			2			3
Investment securities-trading assets:
Unrealized (losses) gains, net		(5	)		3			8
Realized gains (losses), net		1			1			(6	)
Other-than-temporary impairment on investments and other assets		—			(3	)		(16	)

Investment income, net	$	108		$	49		$	575

- Definition

Tabular disclosure of available-for-sale securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name FASB Staff Position (FSP)

-Number FAS115-1/124-1

-Paragraph 17

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 320

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803

Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 115

-Paragraph 19, 20, 21

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 6

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Emerging Issues Task Force (EITF)

-Number 03-1

-Paragraph 21

-Subparagraph a, b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563

Reference 8: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27198-111563

Reference 9: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 7

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27337-111563

Reference 10: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 320

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563

+ Details

- Definition

Tabular disclosure of investment income derived from investments in debt and equity securities consisting of interest income earned from investments in debt securities and on cash and cash equivalents, dividend income from investments in equity securities, and income or expense derived from the amortization of investment related discounts or premiums, respectively. This item does not include realized or unrealized gains or losses on the sale or holding of investments in debt and equity securities required to be included in earnings for the period or for other than temporary losses related to investments in debt and equity securities which are included in realized losses in the period recognized.

+ References+ Details