Settlement Guarantee Management (Tables)

9 Months Ended

Jun. 30, 2018

Settlement Guarantee Management [Abstract]

Schedule of Customer Collateral

The Company maintained collateral as follows:

	June 30, 2018		September 30, 2017
	(in millions)
Cash equivalents(1)	$	1,746	$	1,490
Pledged securities at market value	164		167
Letters of credit	1,349		1,316
Guarantees	677		941
Total	$	3,936	$	3,914

⁽¹⁾  Cash collateral held by Visa Europe is not included on the Company’s consolidated balance sheets as its clients retain beneficial ownership and the cash is only accessible to the Company in the event of default by the client on its settlement obligations.