Intangible Assets and Goodwill

12 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

Note 8—Intangible Assets and Goodwill

Finite-lived and indefinite-lived intangible assets consisted of the following: 

	September 30,
	2025						2024
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
	(in millions)
Finite-lived intangible assets:
Customer relationships	$	476	$	(245)	$	231	$	535	$	(298)	$	237
Trade names	—		—		—		190		(179)		11
Total finite-lived intangible assets	476		(245)		231		725		(477)		248
Indefinite-lived intangible assets:
Customer relationships and reacquired rights	23,331		—		23,331		22,557		—		22,557
Visa trade name	4,084		—		4,084		4,084		—		4,084
Total indefinite-lived intangible assets	27,415		—		27,415		26,641		—		26,641
Total intangible assets	$	27,891	$	(245)	$	27,646	$	27,366	$	(477)	$	26,889

For fiscal 2025, 2024 and 2023, amortization expense related to finite-lived intangible assets was $78 million, $79 million and $76 million, respectively.

As of September 30, 2025, estimated future amortization expense on finite-lived intangible assets was as follows:

	For the Years Ending September 30,
	2026		2027		2028		2029		2030		Thereafter		Total
	(in millions)
Estimated future amortization expense	$	63	$	62	$	43	$	29	$	10	$	24	$	231

The changes in goodwill were as follows:

	For the Years Ended September 30,
	2025		2024
	(in millions)
Balance as of beginning of period	$	18,941	$	17,997
Goodwill from acquisitions	794		790
Foreign currency translation	144		154
Balance as of end of period	$	19,879	$	18,941