Visa 2014 Annual Report Download - page 85
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VISA INC.
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY—(Continued)
Common Stock
Accumulated
Additional Other Non-
Paid-In Accumulated Comprehensive Controlling Total
Class A Class B Class C Capital Income Income (Loss) Interest Equity
(in millions, except per share data)
Balance as of September 30, 2012 ...... 535 245 31 $ 19,992 $ 7,809 $ (171) $ — $ 27,630
Net income attributable to Visa Inc. ....... 4,980 4,980
Other comprehensive income, net of tax . . . 192 192
Comprehensive income including non-
controlling interest ..................... 5,172
Issuance of restricted stock awards ....... 1 —
Conversion of class C common stock upon
sale into public market .................. 4 (4) —
Share-based compensation (Note 16) ..... 179 179
Excess tax benefit for share-based
compensation ......................... 74 74
Cash proceeds from exercise of stock
options ............................... 1 108 108
Restricted stock and performance-based
shares settled in cash for taxes (1) ......... — (64) (64)
Cash dividends declared and paid, at a
quarterly amount of $0.33 per as-converted
share ................................ (864) (864)
Repurchase of class A common stock (Note
14) .................................. (33) (1,414) (3,951) (5,365)
Balance as of September 30, 2013 ...... 508 245 27 $ 18,875 $ 7,974 $ 21 $ — $ 26,870
(1) Decrease in class A common stock is less than 1 million shares.
See accompanying notes, which are an integral part of these consolidated financial statements.
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