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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating Revenues    
Service revenues $ 1,918 $ 1,645
Data processing revenues 1,892 1,479
International transaction revenues 1,489 1,031
Other revenues 203 198
Client incentives (1,041) (788)
Net operating revenues 4,461 3,565
Operating Expenses    
Personnel 571 499
Marketing 218 194
Network and processing 145 128
Professional fees 80 72
Depreciation and amortization 146 120
General and administrative 186 156
Litigation provision (Note 12) 15 0
Total operating expenses 1,361 1,169
Operating income 3,100 2,396
Non-operating (Expense) Income    
Interest expense (140) (29)
Other 19 272
Non-operating (expense) income (121) 243
Income before income taxes 2,979 2,639
Income tax provision (Note 11) 909 698
Net income $ 2,070 $ 1,941
Class A common stock    
Earnings Per Share    
Basic earnings per share (Note 9) (in dollars per share) [1] $ 0.86 $ 0.80
Basic weighted-average shares outstanding (Note 9) (in shares) 1,860 1,937
Diluted earnings per share (Note 9) (in dollars per share) [1] $ 0.86 $ 0.80
Diluted weighted-average shares outstanding (Note 9) (in shares) [2] 2,421 2,430
Class B common stock    
Earnings Per Share    
Basic earnings per share (Note 9) (in dollars per share) [1] $ 1.41 $ 1.32
Basic weighted-average shares outstanding (Note 9) (in shares) 245 245
Diluted earnings per share (Note 9) (in dollars per share) [1] $ 1.41 $ 1.32
Diluted weighted-average shares outstanding (Note 9) (in shares) 245 245
Class C common stock    
Earnings Per Share    
Basic earnings per share (Note 9) (in dollars per share) [1] $ 3.43 $ 3.20
Basic weighted-average shares outstanding (Note 9) (in shares) 17 20
Diluted earnings per share (Note 9) (in dollars per share) [1] $ 3.42 $ 3.20
Diluted weighted-average shares outstanding (Note 9) (in shares) 17 20
[1] Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.
[2] 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 approximately 5 million common stock equivalents for the three months ended December 31, 2016 and 2015 because their effect would be dilutive. The computation excludes 3 million and 1 million of common stock equivalents for the three months ended December 31, 2016 and 2015, respectively, because their effect would have been anti-dilutive.