Visa 2009 Annual Report Download - page 66

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Table of Contents
VISA INC.
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY—(Continued)
Common Stock
Class A Class B Class C(1)
Class C
(series II)
Class C
(series III
and
series IV)
Additional
Paid
In Capital
Treasury
Stock
Accumulated
Income
(Deficit)
Accumulated
Other
Comprehensive
(Loss) Income
Total
Equity
(Deficit)
(in millions, except per share data)
Net income 2,353 2,353
Other comprehensive loss, net of tax (118) (118)
Comprehensive income 2,235
Issuance of restricted share awards 1 — —
Conversion of class C
(series III) and class C (series IV) into class C (series I) common
stock (Note 15) 28 (28) —
Conversion of class C common stock upon sale into public market
(Note 15) 21 (21) —
Share-based compensation (Note 17) 115 115
Tax benefit for share-based compensation 7 7
Cash proceeds from exercise of stock options 32 32
Restricted stock instruments settled in cash for taxes (22) (22)
Accretion of class C (series II) common stock (2) (2)
Cash dividends declared, at a quarterly amount of $0.105 per as-
converted share (Note 15) (318) (318)
Gain upon issuance of equity interest in joint venture (Note 1) 6 6
Retirement of treasury stock (39) 34 (5)
Special IPO dividends received from cost-method investees
(Note 15) 1 (1) —
Balance as of September 30, 2009 470 245 131 — — $ 21,160 $ (2) $ 2,219 $ (188) $ 23,189
(1) Shares of class C (series I) common stock were designated as class C common stock with no series designation upon October 2008 redemption.
(2) Historical balances for periods prior to October 1, 2007 represent balances for Visa U.S.A., the accounting acquirer in the business combination.
See accompanying notes, which are an integral part of these consolidated financial statements.
65