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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating Activities    
Net income $ 4,890 $ 4,179
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Client incentives 3,348 2,786
Share-based compensation 209 177
Depreciation and amortization 247 227
Deferred income taxes 59 (132)
VE territory covered losses incurred (24) (8)
(Gains) losses on equity investments, net (4) 106
Other 11 (26)
Change in operating assets and liabilities:    
Settlement receivable (257) (54)
Accounts receivable (195) (60)
Client incentives (3,601) (2,743)
Other assets (204) 160
Accounts payable (18) (64)
Settlement payable 313 44
Accrued and other liabilities (877) (666)
Accrued litigation (283) 245
Net cash provided by (used in) operating activities 3,614 4,171
Investing Activities    
Purchases of property, equipment and technology (267) (249)
Investment securities:    
Purchases (2,743) (1,995)
Proceeds from maturities and sales 1,137 1,310
Purchases of other investments (11) (20)
Settlement of derivative instruments 0 402
Other investing activities (5) 42
Net cash provided by (used in) investing activities (1,889) (510)
Financing Activities    
Repurchase of class A common stock (3,580) (3,115)
Repayments of debt 0 (2,250)
Dividends paid (1,060) (945)
Cash proceeds from issuance of class A common stock under equity plans 104 56
Restricted stock and performance-based shares settled in cash for taxes (172) (112)
Other financing activities 329 19
Net cash provided by (used in) financing activities (4,379) (6,347)
Effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents 300 692
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents (2,354) (1,994)
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period 21,990 20,377
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period 19,636 18,383
Supplemental Disclosure    
Cash paid for income taxes, net 1,503 721
Interest payments on debt 213 244
Accruals related to purchases of property, equipment and technology $ 26 $ 27