Visa 2013 Annual Report Download - page 68

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VISA INC.
CONSOLIDATED BALANCE SHEETS
September
30, 2013
September 30,
2012
(in millions, except par value
data)
Assets
Cash and cash equivalents .............................................. $ 2,186 $ 2,074
Restricted cash—litigation escrow (Note 3) ................................. 49 4,432
Investment securities (Note 4):
Trading .......................................................... 75 66
Available-for-sale .................................................. 1,994 677
Income tax receivable (Note 19) .......................................... 142 179
Settlement receivable .................................................. 799 454
Accounts receivable .................................................... 761 723
Customer collateral (Note 11) ............................................ 866 823
Current portion of client incentives ........................................ 282 209
Deferred tax assets (Note 19) ............................................ 481 2,027
Prepaid expenses and other current assets (Note 5) ......................... 187 122
Total current assets ............................................ 7,822 11,786
Investment securities, available-for-sale (Note 4) ............................ 2,760 3,283
Client incentives ....................................................... 89 58
Property, equipment and technology, net (Note 6) ........................... 1,732 1,634
Other assets (Note 5) .................................................. 521 151
Intangible assets, net (Note 7) ........................................... 11,351 11,420
Goodwill ............................................................. 11,681 11,681
Total assets ................................................... $ 35,956 $ 40,013
Liabilities
Accounts payable ...................................................... $ 184 $ 152
Settlement payable .................................................... 1,225 719
Customer collateral (Note 11) ............................................ 866 823
Accrued compensation and benefits ...................................... 523 460
Client incentives ....................................................... 919 830
Accrued liabilities (Note 8) .............................................. 613 584
Accrued litigation (Note 20) .............................................. 54,386
Total current liabilities ........................................... 4,335 7,954
Deferred tax liabilities (Note 19) .......................................... 4,149 4,058
Other liabilities (Note 8) ................................................. 602 371
Total liabilities ................................................. 9,086 12,383
Commitments and contingencies (Note 17)
See accompanying notes, which are an integral part of these consolidated financial statements.
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