CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2016
Operating Activities
Net income	$ 10,301	$ 6,699	$ 5,991	[1]
Adjustments to reconcile net income to net cash provided by operating activities:
Client incentives	5,491	4,565	3,409
Fair value adjustment for the Visa Europe put option	0	0	(255)
Share-based compensation (Note 13)	327	235	221
Excess tax benefit for share-based compensation	0	0	(63)
Depreciation and amortization of property, equipment, technology and intangible assets	613	556	502	[1]
Deferred income taxes	(1,277)	1,700	(764)
Right to recover for covered losses recorded in equity (Note 2)	(11)	(209)	(9)
Charitable contribution of Visa Inc. shares (Note 11 and Note 16)	0	192	0
Other	(74)	50	64
Change in operating assets and liabilities:
Settlement receivable	(223)	94	391
Accounts receivable	(70)	(54)	(65)
Client incentives	(4,682)	(4,628)	(3,508)
Other assets	(160)	(252)	(315)
Accounts payable	3	(30)	43
Settlement payable	262	(176)	(302)
Accrued and other liabilities	1,761	465	277
Accrued litigation (Note 17)	452	1	(43)
Net cash provided by operating activities	12,713	9,208	5,574
Investing Activities
Purchases of property, equipment, technology and intangible assets	(718)	(707)	(523)
Proceeds from sales of property, equipment and technology	14	12	0
Investment securities, available-for-sale:
Purchases	(5,772)	(3,238)	(10,426)
Proceeds from maturities and sales	3,636	5,012	9,119
Acquisitions, net of cash received	(196)	(302)	(9,082)
Purchases of / contributions to other investments	(50)	(46)	(10)
Proceeds / distributions from other investments	2	4	6
Net cash (used in) provided by investing activities	(3,084)	735	(10,916)
Financing Activities
Repayments of long-term debt (Note 6)	(1,750)	0	0
Dividends paid (Note 11)	(1,918)	(1,579)	(1,350)
Proceeds from issuance of senior notes (Note 6)	0	2,488	15,971
Debt issuance costs (Note 6)	0	(15)	(98)
Deposit into U.S. litigation escrow account—U.S. retrospective responsibility plan (Note 2 and Note 17)	(600)	0	0
Payments from U.S. litigation escrow account—U.S. retrospective responsibility plan (Note 2 and Note 17)	150	0	45
Cash proceeds from issuance of common stock under employee equity plans	164	149	95
Restricted stock and performance-based shares settled in cash for taxes	(94)	(76)	(92)
Excess tax benefit for share-based compensation	0	0	63
Net cash (used in) provided by financing activities	(11,240)	(5,924)	7,477
Effect of exchange rate changes on cash and cash equivalents	(101)	236	(34)
(Decrease) increase in cash and cash equivalents	(1,712)	4,255	2,101
Cash and cash equivalents at beginning of year	9,874	5,619	3,518
Cash and cash equivalents at end of year	8,162	9,874	5,619
Supplemental Disclosure
Series B and C convertible participating preferred stock issued in Visa Europe acquisition (Note 2)	0	0	5,717
Deferred purchase consideration recorded for Visa Europe acquisition (Note 2)	0	0	1,236
Income taxes paid, net of refunds	2,285	3,038	2,842
Interest payments on debt	545	489	244
Charitable contribution of available-for-sale investment securities to Visa Foundation	195	0	0
Accruals related to purchases of property, equipment, technology and intangible assets	77	50	42
Class A common stock
Financing Activities
Repurchase of common stock	(7,192)	(6,891)	(6,987)
Class C common stock
Financing Activities
Repurchase of common stock	$ 0	$ 0	$ (170)

[1] The Company did not include Visa Europe’s financial results in the Company’s consolidated statements of operations from the acquisition date, June 21, 2016, through June 30, 2016 as the impact was immaterial. The Company’s consolidated statement of operations for the year ended September 30, 2016 includes Visa Europe’s financial results for the three months ended September 30, 2016.