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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Operating Revenues    
Service revenues $ 2,146 $ 1,918
Data processing revenues 2,147 1,892
International transaction revenues 1,666 1,489
Other revenues 229 203
Client incentives (1,326) (1,041)
Net operating revenues 4,862 4,461
Operating Expenses    
Personnel 679 571
Marketing 223 218
Network and processing 160 145
Professional fees 92 80
Depreciation and amortization 145 146
General and administrative 236 186
Litigation provision (Note 11) 0 15
Total operating expenses 1,535 1,361
Operating income 3,327 3,100
Non-operating Income (Expense)    
Interest expense (154) (140)
Other 66 19
Total non-operating expense (88) (121)
Income before income taxes 3,239 2,979
Income tax provision (Note 10) 717 909
Net income $ 2,522 $ 2,070
Class A common stock    
Earnings Per Share    
Basic earnings per share (in dollars per share) [1] $ 1.07 $ 0.86
Basic weighted-average shares outstanding (in shares) 1,811 1,860
Diluted earnings per share (in dollars per share) [1] $ 1.07 $ 0.86
Diluted weighted-average shares outstanding (in shares) [2] 2,353 2,421
Class B common stock    
Earnings Per Share    
Basic earnings per share (in dollars per share) [1] $ 1.77 $ 1.41
Basic weighted-average shares outstanding (in shares) 245 245
Diluted earnings per share (in dollars per share) [1] $ 1.77 $ 1.41
Diluted weighted-average shares outstanding (in shares) 245 245
Class C common stock    
Earnings Per Share    
Basic earnings per share (in dollars per share) [1] $ 4.30 $ 3.43
Basic weighted-average shares outstanding (in shares) 13 17
Diluted earnings per share (in dollars per share) [1] $ 4.29 $ 3.42
Diluted weighted-average shares outstanding (in shares) 13 17
[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, 2017 and 2016, because their effect would be dilutive. The computation excludes 2 million and 3 million of common stock equivalents for the three months ended December 31, 2017 and 2016, respectively, because their effect would have been anti-dilutive.