Visa 2010 Annual Report Download - page 68

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Table of Contents
VISA INC.
CONSOLIDATED BALANCE SHEETS
September 30,
2010
September 30,
2009
(in millions, except par value data)
Assets
Cash and cash equivalents $ 3,867 $ 4,617
Restricted cash—litigation escrow (Note 4) 1,866 1,365
Investment securities
Trading (Note 5) 60 59
Available-for-sale (Note 5) 124 56
Settlement receivable 402 605
Accounts receivable 476 444
Customer collateral (Note 13) 899 812
Current portion of volume and support incentives 175 214
Current portion of deferred tax assets (Note 21) 623 703
Prepaid expenses and other current assets (Note 7) 242 366
Total current assets 8,734 9,241
Restricted cash—litigation escrow (Note 4) 70 350
Investment securities, available-for-sale (Note 5) 24 168
Volume and support incentives 101 102
Property, equipment and technology, net (Note 8) 1,357 1,204
Other assets (Note 7) 197 125
Intangible assets, net (Note 9) 11,478 10,883
Goodwill 11,447 10,208
Total assets $ 33,408 $ 32,281
Liabilities
Accounts payable $ 137 $ 156
Settlement payable 406 634
Customer collateral (Note 13) 899 812
Accrued compensation and benefits 370 396
Volume and support incentives 418 284
Accrued liabilities (Note 10) 625 754
Current portion of long-term debt (Note 11) 12 12
Current portion of accrued litigation (Note 22) 631 1,394
Total current liabilities 3,498 4,442
Long-term debt (Note 11) 32 44
Accrued litigation (Note 22) 66 323
Deferred tax liabilities (Note 21) 4,181 3,807
Other liabilities (Note 10) 617 472
Total liabilities 8,394 9,088
Commitments and contingencies (Note 19)
See accompanying notes, which are an integral part of these consolidated financial statements.
67