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Revenues (Tables)
 9 Months Ended
Jun. 30, 2019
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 and nine months ended June 30, 2019 and the consolidated balance sheet as of June 30, 2019:
 
For the Three Months Ended
June 30, 2019
 
For the Nine Months Ended
June 30, 2019
 
As Reported
 
Impact of the New Revenue Standard
 
Results Under Prior Revenue Standard
 
As Reported
 
Impact of the New Revenue Standard
 
Results Under Prior Revenue Standard
 
(in millions)
Net revenues
$
5,840

 
$
(88
)
 
$
5,752

 
$
16,840

 
$
(179
)
 
$
16,661

 
 
 
 
 
 
 
 
 
 
 
 
Operating Expenses 
 
 
 
 
 
 
 
 
 
 
 
Marketing
282

 
(31
)
 
251

 
799

 
(100
)
 
699

Professional fees
113

 
(5
)
 
108

 
305

 
(12
)
 
293

General and administrative
315

 
(11
)
 
304

 
855

 
(21
)
 
834

Total operating expenses
1,932

 
(47
)
 
1,885

 
5,574

 
(133
)
 
5,441

Operating income
3,908

 
(41
)
 
3,867

 
11,266

 
(46
)
 
11,220

 
 
 
 
 
 
 
 
 
 
 
 
Income before income taxes
3,866

 
(41
)
 
3,825

 
11,173

 
(46
)
 
11,127

Income tax provision
765

 
(8
)
 
757

 
2,118

 
(6
)
 
2,112

Net income
3,101

 
(33
)
 
3,068

 
9,055

 
(40
)
 
9,015

 
June 30, 2019
 
As Reported
 
Impact of the New Revenue Standard
 
Results Under Prior Revenue Standard
 
(in millions)
Assets
 
 
 
 
 
Current portion of client incentives
$
690

 
$
(282
)
 
$
408

Client incentives
1,854

 
(811
)
 
1,043

Liabilities
 
 
 
 
 
Accounts payable
150

 
26

 
176

Client incentives
3,690

 
(439
)
 
3,251

Accrued liabilities
1,358

 
(18
)
 
1,340

Deferred tax liabilities
4,930

 
(112
)
 
4,818

Other liabilities
2,801

 
(110
)
 
2,691

Equity
 
 
 
 
 
Accumulated income
13,040

 
(440
)
 
12,600
Disaggregation of Revenue The following tables disaggregate the Company’s net revenues by revenue category and by geography for the three and nine months ended June 30, 2019 and 2018:
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
 
(in millions)
Service revenues
$
2,405

 
$
2,196

 
$
7,164

 
$
6,595

Data processing revenues
2,662

 
2,359

 
7,564

 
6,633

International transaction revenues
1,977

 
1,830

 
5,624

 
5,248

Other revenues
342

 
229

 
968

 
688

Client incentives
(1,546
)
 
(1,374
)
 
(4,480
)
 
(3,989
)
Net revenues
$
5,840

 
$
5,240

 
$
16,840

 
$
15,175

 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
2019
 
2018
 
2019
 
2018
 
(in millions)
U.S.
$
2,587

 
$
2,334

 
$
7,573

 
$
6,896

International
3,253

 
2,906

 
9,267

 
8,279

Net revenues
$
5,840

 
$
5,240

 
$
16,840

 
$
15,175