Visa 2012 Annual Report Download - page 65

Download and view the complete annual report

Please find page 65 of the 2012 Visa annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 136

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136

Table of Contents
VISA INC.
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY—(Continued)
See accompanying notes, which are an integral part of these consolidated financial statements.
62
Common Stock
Additional
Paid-In
Capital
Treasury
Stock
Accumulated
Income
(Deficit)
Accumulated
Other
Comprehensive
Income (Loss)
Non-
Controlling
Interest
Total
Equity
(Deficit)
Class A
Class B
Class C
(in millions, except per share data)
Balance as of September 30, 2010
493
245
97
$
20,794
$
—
$
4,368
$
(151
)
$
3
$
25,014
Net income attributable to Visa Inc.
3,650
3,650
Loss attributable to non-controlling
interest
(4
)
(4
)
Other comprehensive loss, net of tax
(25
)
(25
)
Comprehensive income including non-
controlling interest
3,621
Issuance of restricted share awards
1
—
Vesting of restricted stock units and
performance shares
1
Conversion of class C common stock
upon sale into public market
50
(50
)
—
Share-based compensation (Note 17)
154
154
Excess tax benefit for share-based
compensation
18
18
Cash proceeds from exercise of stock
options
3
99
99
Restricted stock instruments settled in
cash for taxes
(1
)
(22
)
(22
)
Cash dividends declared and paid, at a
quarterly amount of $0.15 per as-
converted share
(423
)
(423
)
Repurchase of class A common stock
(Note 15)
(27
)
(1,135
)
(889
)
(2,024
)
Investment in partially-owned
consolidated subsidiary
(1
)
1
—
Balance as of September 30, 2011
520
245
47
$
19,907
$
—
$
6,706
$
(176
)
$
—
$
26,437