Accrued and Other Liabilities (Tables)

12 Months Ended

Sep. 30, 2012

Accrued and Other Liabilities [Abstract]

Accrued Liabilities Table

Accrued liabilities consisted of the following:

	September 30, 2012		September 30, 2011
	(in millions)
Accrued operating expenses	$	194	$	175
Visa Europe put option—(See Note 2—Visa Europe)(1)	145		145
Deferred revenue	59		63
Accrued marketing and product expenses	22		36
Accrued income taxes—(See Note 20—Income taxes)	58		63
Other	106		80
Total	$	584	$	562

Other Noncurrent Liabilities, Table

Other long-term liabilities consisted of the following:

	September 30, 2012		September 30, 2011
	(in millions)
Accrued income taxes—(See Note 20—Income Taxes)	$	171	$	468
Employee benefits	93		106
Other	107		93
Total	$	371	$	667

⁽¹⁾  The put option is exercisable at any time at the sole discretion of Visa Europe with payment required 285 days thereafter. Classification in current liabilities is not an indication of management’s expectation of exercise and simply reflects the fact that the obligation resulting from the exercise of the instrument could become payable within 12 months.