Pension and Other Postretirement Benefits

6 Months Ended

Mar. 31, 2019

Retirement Benefits [Abstract]

Pension and Other Postretirement Benefits

Note 8—Pension and Other Postretirement Benefits

The Company sponsors various qualified and non-qualified defined benefit pension and other postretirement benefit plans that provide for retirement and medical benefits for all eligible employees residing in the United States. The Company also sponsors other pension benefit plans that provide benefits for internationally-based employees at certain non-U.S. locations. The components of net periodic benefit cost presented below include the U.S. pension plans and the non-U.S. pension plans, comprising only the Visa Europe plans. Disclosures relating to other U.S. postretirement benefit plans and other non-U.S. pension benefit plans are not included as they are immaterial, individually and in aggregate.

	Pension Benefits
	U.S. Plans						Non-U.S. Plans
	Three Months Ended March 31,						Three Months Ended March 31,
	2019			2018			2019			2018
	(in millions)
Service cost	$	—		$	—		$	1		$	1
Interest cost	8			8			4			3
Expected return on plan assets	(18		)	(18		)	(5		)	(5		)
Total net periodic benefit cost (income)	$	(10	)	$	(10	)	$	—		$	(1	)

	Pension Benefits
	U.S. Plans						Non-U.S. Plans
	Six Months Ended March 31,						Six Months Ended March 31,
	2019			2018			2019			2018
	(in millions)
Service cost	$	—		$	—		$	2		$	2
Interest cost	16			16			7			6
Expected return on plan assets	(36		)	(35		)	(9		)	(10		)
Total net periodic benefit cost (income)	$	(20	)	$	(19	)	$	—		$	(2	)