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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
Operating Revenues        
Service revenues $ 1,369 $ 1,241 $ 2,669 $ 2,392
Data processing revenues 1,150 922 2,265 1,873
International transaction revenues 831 733 1,636 1,481
Other revenues 175 179 354 357
Client incentives (567) (497) (1,120) (978)
Total operating revenues 2,958 2,578 5,804 5,125
Operating Expenses        
Personnel 486 431 940 820
Marketing 195 170 388 360
Network and processing 119 103 229 201
Professional fees 91 82 179 152
Depreciation and amortization 98 80 190 160
General and administrative 108 106 214 208
Litigation provision (Note 11) 1    4   
Total operating expenses 1,098 972 2,144 1,901
Operating income 1,860 1,606 3,660 3,224
Non-operating (expense) income (3) 3 (2) 2
Income before income taxes 1,857 1,609 3,658 3,226
Income tax provision 587 317 1,095 907
Net income including non-controlling interest 1,270 1,292 2,563 2,319
Loss attributable to non-controlling interest          2
Net income attributable to Visa Inc. $ 1,270 [1],[2] $ 1,292 [1],[2] $ 2,563 $ 2,321
Class A common stock
       
Earnings Per Share        
Basic earnings per share (Note 8) $ 1.93 [2] $ 1.92 [2] $ 3.87 [2] $ 3.41 [2]
Basic weighted-average shares outstanding (Note 8) 524 [2] 524 [2] 528 [2] 522 [2]
Diluted earnings per share (Note 8) $ 1.92 [2] $ 1.91 [2] $ 3.86 [2] $ 3.40 [2]
Diluted weighted-average shares outstanding (Note 8) 660 [2],[3] 676 [2],[3] 665 [2],[3] 683 [2],[3]
Class B common stock
       
Earnings Per Share        
Basic earnings per share (Note 8) $ 0.81 [2] $ 0.82 [2] $ 1.63 [2] $ 1.56 [2]
Basic weighted-average shares outstanding (Note 8) 245 [2] 245 [2] 245 [2] 245 [2]
Diluted earnings per share (Note 8) $ 0.81 [2] $ 0.81 [2] $ 1.62 [2] $ 1.55 [2]
Diluted weighted-average shares outstanding (Note 8) 245 [2] 245 [2] 245 [2] 245 [2]
Class C common stock
       
Earnings Per Share        
Basic earnings per share (Note 8) $ 1.93 [2] $ 1.92 [2] $ 3.87 [2] $ 3.41 [2]
Basic weighted-average shares outstanding (Note 8) 28 [2] 42 [2] 29 [2] 44 [2]
Diluted earnings per share (Note 8) $ 1.92 [2] $ 1.91 [2] $ 3.86 [2] $ 3.40 [2]
Diluted weighted-average shares outstanding (Note 8) 28 [2] 42 [2] 29 [2] 44 [2]
[1] Net income attributable to Visa Inc. is allocated based on proportional ownership on an as-converted basis. The weighted-average numbers of shares of as-converted class B common stock used in the income allocation were 103 million for the three and six months ended March 31, 2013, and 104 million and 112 million for the three and six months ended March 31, 2012, respectively.
[2] Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on whole numbers, not the rounded numbers presented.
[3] Weighted-average diluted shares outstanding are calculated on an as-converted basis, and include incremental common stock equivalents, as calculated under the treasury stock method. The computation includes 2 million common stock equivalents for the three and six months ended March 31, 2013, and 3 million for the three and six months ended March 31, 2012, because their effect would have been dilutive. The computation excludes less than 1 million common stock equivalents for the three and six months ended March 31, 2013 and 2012, because their effect would have been anti-dilutive.