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Revenues (Tables)
 3 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Impact of Adoption of New Revenue Standard
The following tables summarize the impact of the new revenue standard on the Company’s consolidated statement of operations for the three months ended December 31, 2018 and the consolidated balance sheet as of December 31, 2018:
 
For the Three Months Ended December 31, 2018
 
As Reported
 
Impact of the New Revenue Standard
 
Results Under Prior Revenue Standard
 
(in millions)
Net revenues
$
5,506

 
$
(52
)
 
$
5,454

 
 
 
 
 
 
Operating Expenses 
 
 
 
 
 
Marketing
276

 
(30
)
 
246

Professional fees
91

 
(3
)
 
88

General and administrative
276

 
(3
)
 
273

Total operating expenses
1,789

 
(36
)
 
1,753

Operating income
3,717

 
(16
)
 
3,701

 
 
 
 
 
 
Income before income taxes
3,630

 
(16
)
 
3,614

Income tax provision
653

 
(1
)
 
652

Net income
2,977

 
(15
)
 
2,962

 
December 31, 2018
 
As Reported
 
Impact of the New Revenue Standard
 
Results Under Prior Revenue Standard
 
(in millions)
Assets
 
 
 
 
 
Current portion of client incentives
$
547

 
$
(198
)
 
$
349

Client incentives
1,264

 
(661
)
 
603

Liabilities
 
 
 
 
 
Accounts payable
124

 
(23
)
 
101

Client incentives
3,345

 
(260
)
 
3,085

Accrued liabilities
1,487

 
(7
)
 
1,480

Deferred tax liabilities
4,835

 
(109
)
 
4,726

Other liabilities
2,703

 
(45
)
 
2,658

Equity
 
 
 
 
 
Accumulated income
11,908

 
(415
)
 
11,493
Disaggregation of Revenue
Disaggregation of Revenues
The nature, amount, timing and uncertainty of the Company’s revenues and cash flows and how they are affected by economic factors are most appropriately depicted through the Company’s revenue categories and geographical markets. The following tables disaggregate the Company’s net revenues by revenue category and by geography for the three months ended December 31, 2018 and 2017:
 
Three Months Ended
December 31,
 
2018
 
2017
 
(in millions)
Service revenues
$
2,342

 
$
2,146

Data processing revenues
2,470

 
2,147

International transaction revenues
1,851

 
1,666

Other revenues
299

 
229

Client incentives
(1,456
)
 
(1,326
)
Net revenues
$
5,506

 
$
4,862

 
Three Months Ended
December 31,
 
2018
 
2017
 
(in millions)
U.S.
$
2,508

 
$
2,265

International
2,998

2,597
 
Net revenues
$
5,506

 
$
4,862