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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Operating Activities    
Net income $ 2,070 $ 1,941
Adjustments to reconcile net income to net cash provided by operating activities:    
Client incentives 1,041 788
Fair value adjustment for the Visa Europe put option 0 (255)
Share-based compensation (Note 10) 45 39
Excess tax benefit for share-based compensation 0 (36)
Depreciation and amortization of property, equipment, technology and intangible assets 146 120
Deferred income taxes 77 45
Right to recover for covered losses recorded in equity (94) 0
Litigation provision 15 0
Other 13 5
Change in operating assets and liabilities:    
Settlement receivable 56 (35)
Accounts receivable (89) (75)
Client incentives (1,129) (850)
Other assets 66 23
Accounts payable (102)  
Settlement payable 79 (36)
Accrued and other liabilities 316 317
Accrued litigation (Note 12) 13 (12)
Net cash provided by operating activities 2,508 1,979
Investing Activities    
Purchases of property, equipment, technology and intangible assets (171) (126)
Investment securities, available-for-sale:    
Purchases (1,032) (6,803)
Proceeds from maturities and sales 788 739
Purchases of / contributions to other investments (2) (8)
Proceeds / distributions from other investments 0 4
Net cash used in investing activities (417) (6,194)
Financing Activities    
Dividends paid (Note 8) (399) (340)
Proceeds from issuance of senior notes (Note 5) 0 15,971
Debt issuance costs (Note 5) 0 (77)
Proceeds from issuance of commercial paper (Note 5) 566 0
Payments from litigation escrow account—U.S. retrospective responsibility plan (Note 3 and Note 12) 0 11
Cash proceeds from issuance of common stock under employee equity plans 56 29
Restricted stock and performance-based shares settled in cash for taxes (60) (81)
Excess tax benefit for share-based compensation 0 36
Net cash (used in) provided by financing activities (1,730) 13,534
Effect of exchange rate changes on cash and cash equivalents (156) 0
Increase in cash and cash equivalents 205 9,319
Cash and cash equivalents at beginning of year 5,619 3,518
Cash and cash equivalents at end of period 5,824 12,837
Supplemental Disclosure    
Income taxes paid, net of refunds 96 79
Interest payments on debt (Note 5) 244 0
Accruals related to purchases of property, equipment, technology and intangible assets 69 40
Class A common stock    
Financing Activities    
Repurchase of class A common stock (Note 8) $ (1,893) $ (2,015)