Visa Inc. Class A Cash Flow
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
20,755M
17,273M
943M
765M
12,279M
-10,022M
-2,006M
1,059M
-17,772M
3,751M
21.74 %
-12,101M
-2,250M
70M
21,990M
1,613M
20,377M
19,696M
18,849M
14,957M
861M
602M
10,422M
-7,657M
-4,288M
970M
-12,696M
3,203M
21.43 %
-11,589M
2,218M
2,900M
20,377M
578M
19,799M
17,879M
15,227M
12,311M
804M
542M
7,399M
-6,702M
519M
705M
-14,410M
2,798M
22.74 %
-8,676M
-3,000M
-144M
19,799M
628M
19,171M
14,522M
10,440M
10,866M
767M
416M
6,482M
-8,398M
2,168M
736M
-3,968M
2,664M
24.54 %
-8,114M
6,879M
6,810M
19,171M
8,339M
10,832M
9,704M
12,784M
12,080M
656M
407M
5,730M
-6,303M
854M
756M
-12,061M
2,269M
18.8 %
-8,607M
7,212M
-1,185M
10,832M
-145M
10,977M
12,028M
12,713M
10,301M
613M
327M
5,406M
-2,657M
-2,184M
718M
-11,240M
1,918M
18.55 %
-7,192M
-1,750M
-544M
8,162M
-1,712M
9,874M
11,995M
9,208M
6,699M
556M
235M
4,598M
-4,580M
1,732M
707M
-5,924M
1,579M
23.57 %
-6,891M
2,473M
4,809M
9,874M
4,255M
5,619M
8,501M
5,574M
5,991M
502M
221M
3,150M
-3,526M
-1,311M
523M
7,477M
1,350M
22.58 %
-7,157M
15,873M
15,984M
5,619M
2,101M
3,518M
5,051M
6,584M
6,328M
494M
187M
2,925M
-3,545M
-938M
414M
-3,603M
1,177M
18.6 %
-2,910M
15,971M
484M
3,518M
1,547M
1,971M
6,170M
7,205M
5,438M
435M
172M
2,992M
-1,252M
-239M
553M
-6,478M
1,006M
18.52 %
-4,118M
15,971M
-1,354M
1,971M
-215M
2,186M
6,652M
3,022M
4,980M
397M
179M
2,300M
-6,361M
-693M
471M
-1,746M
864M
17.37 %
-5,365M
-6M
4,489M
2,186M
112M
2,074M
2,551M
5,009M
2,144M
333M
147M
6,175M
-2,100M
-2,037M
376M
-2,655M
595M
26.79 %
-710M
-6M
-1,344M
2,074M
-53M
2,127M
4,633M
3,872M
3,650M
288M
154M
1,650M
-2,034M
-1,678M
353M
-3,304M
423M
11.24 %
-2,024M
-54M
-803M
2,127M
-1,740M
3,867M
3,519M
2,691M
2,966M
265M
131M
1,415M
-2,335M
48M
241M
-1,542M
368M
11.76 %
-1,000M
-24M
-150M
3,867M
-750M
4,617M
2,450M
558M
2,353M
226M
115M
829M
-3,262M
1,250M
306M
-2,751M
318M
12.82 %
-2,646M
-54M
267M
4,617M
-362M
4,979M
252M
531M
804M
237M
74M
2,781M
-3,338M
0M
415M
3,624M
93M
11.54 %
-13,446M
0M
-1,913M
4,979M
4,704M
275M
116M
505M
-1,076M
626M
65M
2,810M
-1,046M
0M
160M
-37M
0M
-0 %
0M
0M
-463M
275M
5M
270M
345M
435M
455M
720M
13M
119M
-904M
0M
87M
-37M
0M
0 %
0M
0M
-263M
270M
135M
135M
435M
481M
265M
136M
-79M
807M
-733M
0M
119M
-46M
0M
0 %
0M
0M
-12M
135M
-38M
174M
361M
Concept
Operating Cash Flow
Net Income
Depreciation & Amortization
Stock based compensation
Other non cash items
Change in working capital
Investing Cash Flow
Capital Expenditures
Financing Cash Flow
Dividends Paid
Payout Ratio
Share Issuance / Repurchase
Debt Issued / Paid
Other Investing Activities
End Cash Position
Changes in Cash
Beginning Cash Position
Free Cash Flow
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
3,614M
4,890M
247M
209M
3,331M
-5,122M
-1,889M
267M
-4,379M
-1,060M
-21.76 %
-3,580M
0M
329M
19,636M
-2,354M
21,990M
3,347M
6,927M
4,681M
247M
174M
3,338M
-1,283M
-1,188M
305M
-4,580M
928M
19.82 %
-3,751M
0M
99M
21,990M
951M
21,039M
6,622M
5,797M
4,156M
235M
191M
3,091M
-1,777M
309M
295M
-3,919M
937M
22.5 %
-3,041M
0M
59M
21,039M
1,911M
19,128M
5,502M
3,860M
4,257M
234M
223M
2,992M
-3,824M
-325M
210M
-2,926M
941M
22.17 %
-2,194M
0M
209M
19,128M
745M
18,383M
3,650M
4,171M
4,179M
227M
177M
2,858M
-3,138M
-303M
249M
-6,347M
945M
22.61 %
-3,115M
-2,250M
-93M
18,383M
-1,994M
20,377M
3,922M
5,876M
3,940M
226M
132M
2,947M
-1,236M
405M
295M
-4,040M
794M
20.43 %
-2,103M
-1,000M
-339M
20,377M
1,381M
18,996M
5,581M
5,252M
3,411M
230M
152M
2,791M
-1,108M
-1,875M
235M
-289M
798M
23.13 %
-2,433M
2,918M
3,246M
18,996M
2,480M
16,516M
5,017M
3,489M
3,647M
207M
190M
2,583M
-3,174M
-1,785M
267M
-3,400M
802M
21.76 %
-2,949M
300M
351M
16,516M
-1,807M
18,323M
3,222M
4,232M
3,959M
198M
128M
2,101M
-2,139M
386M
173M
-4,967M
809M
20.22 %
-4,104M
300M
131M
18,323M
-1,476M
19,799M
4,059M
3,971M
3,584M
202M
108M
2,150M
-1,965M
-1,494M
208M
-3,619M
696M
19.39 %
-2,967M
300M
2,836M
19,799M
-1,475M
21,274M
3,763M
4,414M
2,575M
204M
159M
1,636M
-1,168M
187M
179M
-2,846M
698M
27.12 %
-2,202M
300M
54M
21,274M
1,716M
19,558M
4,235M
3,329M
3,026M
201M
153M
1,740M
-1,759M
996M
158M
-2,373M
701M
23.19 %
-1,713M
0M
41M
19,558M
1,503M
18,055M
3,171M
3,513M
3,126M
197M
122M
1,873M
-1,810M
-1,333M
160M
-5,572M
703M
22.54 %
-1,796M
-3,000M
-134M
18,055M
-1,116M
19,171M
3,353M
2,096M
2,137M
196M
94M
1,687M
-2,441M
2,966M
168M
755M
662M
30.93 %
-1,542M
2,894M
2,959M
19,171M
2,237M
16,934M
1,928M
3,002M
2,373M
197M
107M
1,439M
-1,035M
-271M
161M
1,164M
663M
28.04 %
-1,069M
2,984M
2,896M
16,934M
4,118M
12,816M
2,841M
1,467M
3,084M
192M
99M
1,662M
-3,580M
-119M
216M
-2,754M
668M
21.74 %
-3,133M
1,001M
1,047M
12,816M
553M
12,263M
1,251M
3,875M
3,272M
182M
116M
1,694M
-1,342M
-408M
191M
-3,133M
671M
20.55 %
-2,370M
1,001M
-147M
12,263M
1,431M
10,832M
3,684M
4,042M
3,025M
172M
86M
1,624M
-845M
3,647M
249M
-2,660M
563M
18.66 %
-2,127M
1,001M
30M
10,832M
163M
10,669M
3,793M
3,384M
3,101M
165M
110M
1,440M
-1,410M
-761M
194M
-3,915M
565M
18.25 %
-2,149M
1,001M
-1,201M
10,669M
387M
10,282M
3,190M
2,064M
2,977M
160M
111M
1,292M
-2,593M
-2,119M
156M
-2,468M
569M
19.08 %
-1,938M
0M
39M
10,282M
-833M
11,115M
1,908M
3,294M
2,977M
159M
100M
1,374M
-1,455M
87M
157M
-3,018M
572M
19.23 %
-2,393M
0M
-101M
11,115M
138M
10,977M
3,137M
3,494M
2,845M
163M
85M
1,470M
-925M
-1,584M
195M
-2,046M
483M
17.07 %
-1,588M
-1,750M
1,611M
8,162M
-343M
8,505M
3,299M
3,637M
2,329M
152M
89M
1,338M
-83M
-13M
169M
-2,811M
487M
21 %
-1,754M
-3,500M
-570M
8,505M
363M
8,142M
3,468M
2,820M
2,605M
153M
85M
1,298M
-1,295M
-21M
213M
-2,512M
490M
18.92 %
-2,072M
0M
50M
8,142M
4M
8,138M
2,607M
2,762M
2,522M
145M
68M
1,300M
-354M
-566M
141M
-3,871M
458M
17.76 %
-1,778M
1,750M
62M
8,138M
-1,736M
9,874M
2,621M
2,767M
2,140M
147M
52M
1,322M
-879M
-669M
195M
380M
390M
17.78 %
-1,721M
1,907M
4,702M
9,874M
2,437M
7,437M
2,572M
3,537M
2,059M
132M
67M
1,152M
112M
-486M
195M
-2,061M
394M
19.77 %
-1,701M
2,488M
34M
7,437M
1,010M
6,427M
3,342M
396M
430M
131M
71M
1,164M
-3,023M
3,133M
146M
-2,513M
396M
88.89 %
-1,576M
-572M
-541M
6,427M
603M
5,824M
250M
2,508M
2,070M
146M
45M
960M
-790M
-246M
171M
-1,730M
399M
18.6 %
-1,893M
566M
562M
5,824M
205M
5,619M
2,337M
2,452M
1,931M
141M
69M
996M
-524M
-616M
141M
-1,991M
339M
17.72 %
-1,687M
-98M
35M
5,619M
-268M
5,887M
2,311M
303M
412M
120M
55M
858M
-568M
887M
132M
-1,984M
335M
82.35 %
-1,705M
96M
56M
5,887M
-10,056M
15,943M
171M
840M
1,707M
121M
58M
794M
-1,766M
4,486M
124M
-2,082M
336M
19.72 %
-1,750M
-19M
4M
15,943M
3,106M
12,837M
716M
1,979M
1,941M
120M
39M
502M
-668M
-6,068M
126M
13,534M
340M
17.5 %
-2,015M
15,894M
15,889M
12,837M
9,319M
3,518M
1,853M
1,734M
1,512M
119M
48M
816M
-760M
-21M
138M
-204M
292M
19.35 %
2,910M
15,971M
-2,822M
3,518M
1,371M
2,147M
1,596M
2,111M
1,697M
130M
46M
775M
-560M
-552M
74M
-1,284M
294M
17.39 %
-1,055M
0M
65M
2,147M
108M
2,039M
2,037M
978M
1,550M
125M
48M
698M
-1,519M
167M
98M
-1,103M
294M
19.05 %
-1,052M
0M
243M
2,039M
-46M
2,085M
880M
1,761M
1,569M
120M
45M
636M
-706M
-532M
104M
-1,012M
297M
19.05 %
-803M
0M
88M
2,085M
114M
1,971M
1,657M
1,793M
1,073M
112M
42M
1,240M
-452M
-239M
227M
-1,380M
248M
23.26 %
-756M
15,971M
-376M
1,971M
-87M
2,058M
1,566M
1,942M
1,360M
109M
41M
622M
-207M
-93M
109M
-1,368M
251M
18.52 %
-1,152M
0M
35M
2,058M
238M
1,820M
1,833M
1,929M
1,598M
107M
44M
580M
-6M
267M
97M
-2,400M
253M
15.87 %
-1,119M
0M
-1,028M
1,820M
-301M
2,121M
1,832M
1,541M
1,407M
107M
45M
550M
-587M
-156M
120M
-1,330M
254M
17.86 %
-1,091M
0M
15M
2,121M
-65M
2,186M
1,421M
2,045M
1,192M
106M
40M
681M
61M
328M
138M
-1,502M
211M
17.02 %
-1,311M
0M
20M
2,186M
733M
1,453M
1,907M
2,157M
1,225M
101M
41M
520M
288M
-783M
122M
-1,176M
216M
16.67 %
-981M
-1M
22M
1,453M
76M
1,377M
2,035M
1,644M
1,270M
98M
50M
584M
-316M
527M
111M
-2,017M
217M
16.33 %
-1,820M
0M
20M
1,377M
43M
1,334M
1,533M
-2,824M
1,293M
92M
48M
515M
-6,394M
-765M
100M
2,949M
220M
16.33 %
-1,253M
-5M
4,427M
1,334M
-740M
2,074M
-2,924M
1,369M
1,662M
89M
35M
562M
-716M
-365M
106M
-393M
147M
8.2 %
-174M
0M
-72M
2,074M
516M
1,558M
1,263M
1,257M
-1,839M
84M
36M
4,700M
-497M
-1,062M
108M
-560M
148M
-8.77 %
-461M
0M
49M
1,558M
-484M
2,042M
1,149M
1,097M
1,292M
80M
38M
489M
-568M
-903M
61M
-37M
148M
10.42 %
33M
-1M
112M
2,042M
100M
1,942M
1,036M
1,286M
1,029M
80M
38M
424M
-319M
293M
101M
-1,665M
152M
16.22 %
-75M
-5M
-1,433M
1,942M
-185M
2,127M
1,185M
868M
880M
77M
32M
574M
-690M
-1,757M
117M
-450M
103M
12.9 %
-424M
-35M
112M
2,127M
-1,473M
3,600M
751M
1,395M
1,005M
74M
32M
240M
4M
-34M
89M
-1,075M
105M
10 %
-1,064M
-4M
98M
3,600M
88M
3,512M
1,306M
603M
881M
70M
42M
456M
-893M
111M
72M
-658M
107M
12.9 %
-230M
-5M
-316M
3,512M
-172M
3,684M
531M
1,006M
884M
67M
48M
380M
-455M
2M
75M
-1,121M
108M
12.9 %
-306M
-10M
-697M
3,684M
-183M
3,867M
931M
893M
774M
78M
36M
331M
-385M
1M
97M
-340M
90M
11.11 %
-336M
-5M
91M
3,867M
-1,338M
5,205M
796M
1,218M
716M
63M
34M
396M
4M
3M
65M
-507M
93M
14.29 %
15M
-4M
-410M
5,205M
645M
4,560M
1,153M
609M
713M
62M
29M
364M
-642M
4M
42M
-243M
92M
12.5 %
-232M
-5M
86M
4,560M
400M
4,160M
567M
-29M
763M
62M
32M
324M
-1,312M
40M
37M
-452M
93M
11.54 %
-432M
-10M
83M
4,160M
-457M
4,617M
-66M
-209M
514M
61M
31M
344M
-1,146M
0M
101M
-260M
78M
17.65 %
2,646M
0M
-140M
4,617M
417M
4,200M
-310M
349M
729M
57M
20M
-97M
-332M
0M
69M
477M
79M
12.5 %
0M
0M
560M
4,200M
837M
3,363M
280M
233M
536M
56M
32M
286M
-836M
0M
68M
464M
80M
16.67 %
0M
0M
550M
3,363M
750M
2,613M
165M
185M
574M
52M
32M
296M
-948M
0M
68M
-3,432M
81M
15.79 %
-2,646M
0M
-703M
2,613M
-2,366M
4,979M
117M
274M
-356M
-803M
74M
2,318M
-796M
0M
92M
-27M
22M
-10 %
0M
0M
-19,105M
4,979M
-783M
5,762M
182M
509M
422M
331M
-3M
106M
-359M
0M
86M
182M
0M
0 %
0M
0M
182M
5,762M
721M
5,041M
423M
-434M
314M
396M
7M
314M
-1,598M
0M
166M
3,479M
0M
0 %
0M
0M
3,479M
5,041M
3,343M
1,698M
-600M
182M
424M
313M
-166M
205M
-585M
0M
71M
-10M
0M
0 %
0M
0M
-16,795M
1,698M
1,423M
275M
111M
-38M
-1,685M
271M
65M
2,691M
-507M
0M
16M
-9M
0M
-0 %
0M
0M
-268M
275M
-314M
590M
-22M
157M
223M
66M
0M
94M
-224M
0M
0M
-9M
0M
0 %
0M
0M
56M
590M
204M
386M
157M
209M
180M
160M
-1M
19M
-130M
0M
0M
-9M
0M
0 %
0M
0M
-179M
386M
20M
366M
209M
177M
205M
129M
1M
7M
-184M
0M
16M
-9M
0M
0 %
0M
0M
-72M
366M
96M
270M
161M
-84M
114M
304M
-4M
-57M
-419M
0M
87M
-9M
0M
0 %
0M
0M
127M
270M
34M
236M
-84M
197M
127M
88M
17M
96M
-176M
0M
0M
-9M
0M
0 %
0M
0M
-130M
236M
58M
177M
197M