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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Operating Activities    
Net income $ 1,941 $ 1,569
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of client incentives 788 713
Fair value adjustment for the Visa Europe put option (255) 0
Share-based compensation 39 45
Excess tax benefit for share-based compensation (36) (58)
Depreciation and amortization of property, equipment, technology and intangible assets 120 120
Deferred income taxes 45 97
Other 5 (19)
Change in operating assets and liabilities:    
Settlement receivable (35) 286
Accounts receivable (75) (78)
Client incentives (850) (687)
Other assets 23 (141)
Accounts payable   (10)
Settlement payable (36) (477)
Accrued and other liabilities 317 484
Accrued litigation (Note 13) (12) (103)
Net cash provided by operating activities 1,979 1,761
Investing Activities    
Purchases of property, equipment, technology and intangible assets (126) (104)
Investment securities, available-for-sale:    
Purchases (6,803) (758)
Proceeds from maturities and sales 739 226
Purchases of / contributions to other investments (8)  
Proceeds / distributions from other investments 4  
Net cash used in investing activities (6,194) (636)
Financing Activities    
Repurchase of class A common stock (Note 9) (2,015) (803)
Dividends paid (Note 9) (340) (297)
Proceeds from issuance of senior notes (Note 5) 15,971 0
Debt issuance costs (Note 5) 77 0
Payments from litigation escrow account—U.S. retrospective responsibility plan (Note 3 and Note 13) 11 100
Cash proceeds from issuance of common stock under employee equity plans 29 30
Restricted stock and performance-based shares settled in cash for taxes (81) (100)
Excess tax benefit for share-based compensation 36 58
Net cash provided by (used in) financing activities 13,534 (1,012)
Effect of exchange rate changes on cash and cash equivalents 0 1
Increase in cash and cash equivalents 9,319 114
Cash and cash equivalents at beginning of year 3,518 1,971
Cash and cash equivalents at end of period 12,837 2,085
Supplemental Disclosure    
Income taxes paid, net of refunds 79 57
Accruals related to purchases of property, equipment, technology and intangible assets $ 40 $ 21