Visa 2015 Annual Report Download - page 82
Download and view the complete annual report
Please find page 82 of the 2015 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.-
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
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
 |
 |
VISA INC.
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Common Stock Additional
Paid-In Capital
Accumulated
Income
Accumulated
Other
Comprehensive
(Loss) Income
Total
EquityClass A Class B Class C
(in millions, except per share data)
Balance as of September 30, 2012 ............................... 2,139 245 31 $ 19,992 $ 7,809 $ (171) $ 27,630
Net income .................................................... 4,980 4,980
Other comprehensive income, net of tax ............................ 192 192
Comprehensive income ......................................... 5,172
Conversion of class C common stock upon sale into public market ...... 14 (4) —
Issuance and vesting of restricted stock and performance-based
shares ...................................................... 6 —
Share-based compensation, net of forfeitures (Note 16) ............... — (1) 179 179
Restricted stock and performance-based shares settled in cash for
taxes ....................................................... (2) (64) (64)
Excess tax benefit for share-based compensation .................... 74 74
Cash proceeds from issuance of common stock under employee equity
plans ....................................................... 6 108 108
Cash dividends declared and paid, at a quarterly amount of $0.0825 per
as-converted share ........................................... (864) (864)
Repurchase of class A common stock .............................. (132) (1,414) (3,951) (5,365)
Balance as of September 30, 2013 ............................... 2,031 245 27 $ 18,875 $ 7,974 $ 21 $ 26,870
(1) Decrease in Class A common stock related to forfeitures of restricted stock awards is less than 1 million shares.
See accompanying notes, which are an integral part of these consolidated financial statements.
69