Visa 2008 Annual Report Download - page 101

Table of Contents
VISA INC.
CONSOLIDATED BALANCE SHEETS—(Continued)
September 30,
2008
September 30,
2007(1)
(in millions, except share and
par value data)
Temporary Equity and Minority Interest
Class C (series II) common stock, $0.0001 par value, 218,582,801 shares authorized, 79,748,857 shares issued and outstanding
at September 30, 2008, net of subscription receivable $ 1,136 $ —
Minority interest — 38
Total temporary equity and minority interest 1,136 38
Commitments and contingencies—see Note 20
Stockholders' Equity
Preferred stock, $0.0001 par value, 25,000,000 shares authorized and none issued — —
Class A common stock, $0.0001 par value, 2,001,622,245,209 shares authorized, 447,746,261 shares issued and outstanding — —
Class B common stock, $0.0001 par value, 622,245,209 shares authorized, 245,513,385 shares issued and outstanding — —
Class C (series I) common stock, $0.0001 par value, 813,582,801 shares authorized, 124,622,548 issued and 124,097,105
outstanding — —
Class C (series III) common stock, $0.0001 par value, 64,000,000 shares authorized and 26,949,616 shares issued and
outstanding — —
Class C (series IV) common stock, $0.0001 par value, 1,000,000 shares authorized and 549,587 shares issued and outstanding — —
Additional paid-in capital 21,060 —
Class C (series I) treasury stock, 525,443 shares (Note 16) (35) —
Accumulated income (deficit) 186 (501)
Accumulated other comprehensive loss, net (70) —
Total stockholders' equity and accumulated income (deficit) 21,141 (501)
Total liabilities, temporary equity and minority interest, and stockholders' equity $ 34,981 $ 4,390
(1) Historical balances for periods prior to October 1, 2007 represent balances for Visa U.S.A. Inc., deemed the accounting acquirer in the business combination. As Visa U.S.A. was a non-
stock corporation, no stock was authorized, issued, or outstanding at September 30, 2007.
See accompanying notes, which are an integral part of these consolidated financial statements.
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