Visa 2014 Annual Report Download - page 86
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VISA INC.
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY—(Continued)
Common Stock Additional
Paid-In
Capital
Accumulated
Income
Accumulated
Other
Comprehensive
Income (Loss)
Non-
Controlling
Interest
Total
EquityClass A Class B Class C
(in millions, except per share data)
Balance as of September 30, 2013 ............ 508 245 27 $ 18,875 $ 7,974 $ 21 $ — $ 26,870
Net income attributable to Visa Inc. ............. 5,438 5,438
Other comprehensive loss, net of tax ............ (38) (38)
Comprehensive income including non-controlling
interest ..................................... 5,400
Issuance of restricted stock awards ............. 1 —
Conversion of class C common stock upon sale
into public market ............................ 5 (5) —
Share-based compensation (Note 16) ........... 172 172
Excess tax benefit for share-based
compensation ............................... 90 90
Cash proceeds from exercise of stock options .... 1 91 91
Restricted stock and performance-based shares
settled in cash for taxes (1) ..................... — (86) (86)
Cash dividends declared and paid, at a quarterly
amount of $0.40 per as-converted share (Note
14) ........................................ (1,006) (1,006)
Repurchase of class A common stock (Note 14) . . . (20) (843) (3,275) (4,118)
Balance as of September 30, 2014 ............ 495 245 22 $ 18,299 $ 9,131 $ (17) $ — $ 27,413
(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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