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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities    
Net income $ 6,356 $ 5,954
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Client incentives (Note 3) 3,453 2,934
Share-based compensation (Note 12) 215 211
Depreciation and amortization of property, equipment, technology and intangible assets 374 319
Deferred income taxes (37) 256
VE territory covered losses incurred (Note 5) (13) (162)
Other (84) (106)
Change in operating assets and liabilities:    
Settlement receivable 1,642 (23)
Accounts receivable 38 (203)
Client incentives (4,323) (3,142)
Other assets (496) (245)
Accounts payable 14 (48)
Settlement payable (2,165) (38)
Accrued and other liabilities 303 170
Accrued litigation (Note 14) 65 (519)
Net cash provided by (used in) operating activities 5,342 5,358
Investing Activities    
Purchases of property, equipment and technology (407) (313)
Investment securities:    
Purchases (499) (1,806)
Proceeds from maturities and sales 3,420 2,038
Acquisitions, net of cash acquired (77) 0
Purchases of / contributions to other investments (30) (236)
Proceeds / distributions from other investments 2 10
Other investing activities 32 (89)
Net cash provided by (used in) investing activities 2,441 (396)
Financing Activities    
Repurchase of class A common stock (Note 10) (5,503) (4,331)
Dividends paid (Note 10) (1,339) (1,141)
Proceeds from issuance of commercial paper (Note 8) 1,001 0
Cash proceeds from issuance of common stock under employee equity plans 109 89
Restricted stock and performance-based shares settled in cash for taxes (155) (103)
Net cash provided by (used in) financing activities (5,887) (5,486)
Effect of exchange rate changes on cash and cash equivalents 88 (171)
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents 1,984 (695)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period (Note 4) 10,832 10,977
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period (Note 4) 12,816 10,282
Supplemental Disclosure    
Income taxes paid, net of refunds 1,691 1,381
Interest payments on debt 269 269
Accruals related to purchases of property, equipment and technology $ 42 $ 51