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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net income $ 14,425 $ 12,592
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Client incentives 10,135 8,858
Share-based compensation 662 591
Depreciation and amortization 760 696
Deferred income taxes (99) (253)
VE territory covered losses incurred (81) (21)
(Gains) losses on equity investments, net 48 111
Other 122 (7)
Change in operating assets and liabilities:    
Settlement receivable 92 (373)
Accounts receivable (214) (228)
Client incentives (10,317) (8,188)
Other assets (173) (66)
Accounts payable (27) (51)
Settlement payable (765) 114
Accrued and other liabilities (1,216) (34)
Accrued litigation (66) 87
Net cash provided by (used in) operating activities 13,286 13,828
Investing Activities    
Purchases of property, equipment and technology (948) (754)
Investment securities:    
Purchases (4,443) (2,817)
Proceeds from maturities and sales 3,866 2,410
Acquisitions, net of cash and restricted cash acquired (915) 0
Purchases of other investments (19) (81)
Settlement of derivative instruments 0 402
Other investing activities (51) 22
Net cash provided by (used in) investing activities (2,510) (818)
Financing Activities    
Repurchases of class A common stock (10,865) (8,350)
Repayments of debt 0 (2,250)
Dividends paid (3,176) (2,823)
Proceeds from issuance of class A common stock under equity plans 267 189
Restricted stock and performance-based shares settled in cash for taxes (189) (125)
Other financing activities 399 167
Net cash provided by (used in) financing activities (13,564) (13,192)
Effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents 74 844
Increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents (2,714) 662
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 19,276 21,039
Supplemental Disclosure    
Cash paid for income taxes, net 4,699 3,013
Interest payments on debt 534 568
Accruals related to purchases of property, equipment and technology $ 30 $ 87