XML 17 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Net revenues $ 4,837 $ 5,840 $ 16,745 $ 16,840
Operating Expenses        
Personnel 941 872 2,863 2,573
Marketing 174 282 683 799
Network and processing 172 184 536 528
Professional fees 95 113 304 305
Depreciation and amortization 197 165 571 484
General and administrative 258 315 840 855
Litigation provision (Note 14) 1 1 9 30
Total operating expenses 1,838 1,932 5,806 5,574
Operating income 2,999 3,908 10,939 11,266
Non-operating Income (Expense)        
Interest expense, net (142) (128) (371) (413)
Investment income and other 75 86 167 320
Total non-operating income (expense) (67) (42) (204) (93)
Income before income taxes 2,932 3,866 10,735 11,173
Income tax provision (Note 13) 559 765 2,006 2,118
Net income $ 2,373 $ 3,101 $ 8,729 $ 9,055
Class A common stock        
Earnings Per Share        
Basic Earnings Per Share (in dollars per share) $ 1.07 $ 1.37 $ 3.92 $ 3.98
Basic Weighted-average Shares Outstanding (in shares) 1,690 1,735 1,702 1,748
Diluted Earnings Per Share (in dollars per share) $ 1.07 $ 1.37 $ 3.92 $ 3.97
Diluted Weighted-average Shares Outstanding (in shares) 2,214 2,265 2,227 2,278
Class B common stock        
Earnings Per Share        
Basic Earnings Per Share (in dollars per share) $ 1.74 $ 2.23 $ 6.37 $ 6.49
Basic Weighted-average Shares Outstanding (in shares) 245 245 245 245
Diluted Earnings Per Share (in dollars per share) $ 1.74 $ 2.23 $ 6.36 $ 6.48
Diluted Weighted-average Shares Outstanding (in shares) 245 245 245 245
Class C common stock        
Earnings Per Share        
Basic Earnings Per Share (in dollars per share) $ 4.29 $ 5.48 $ 15.70 $ 15.92
Basic Weighted-average Shares Outstanding (in shares) 11 12 11 12
Diluted Earnings Per Share (in dollars per share) $ 4.29 $ 5.48 $ 15.68 $ 15.90
Diluted Weighted-average Shares Outstanding (in shares) 11 12 11 12