v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Preferred Stock
Common Stock and Additional Paid-in Capital
Right to Recover for Covered Losses
Accumulated Income
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Sep. 30, 2023   5        
Balance as of beginning of period at Sep. 30, 2023 $ 38,733 $ 1,698 [1] $ 20,452 $ (140) $ 18,040 $ (1,317)
Beginning balance (in shares) at Sep. 30, 2023     1,849      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 14,425       14,425  
Other comprehensive income (loss) 257         257
VE territory covered losses (81)     (81)    
Recovery through conversion rate adjustment (6) $ (181)   175    
Conversions to class A common stock (in shares)   0 [2] 93      
Conversions to class A common stock 0 $ (92) $ 92      
Class B-1 common stock exchange offer (in shares)     (73)      
Class B-1 common stock exchange offer 0   $ 0 [2]      
Share-based compensation 662   $ 662      
Stock issued under equity plans (in shares)     4      
Stock issued under equity plans 267   $ 267      
Shares withheld for taxes related to stock issued under equity plans (in shares)     (1)      
Shares withheld for taxes related to stock issued under equity plans (189)   $ (189)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (3,176)       (3,176)  
Repurchases of class A common stock (in shares)     (42)      
Repurchases of class A common stock (11,163)   $ (452)   (10,711)  
Ending balance (in shares) at Jun. 30, 2024   5        
Balance as of end of period at Jun. 30, 2024 39,729 $ 1,425 [1] $ 20,832 (46) 18,578 (1,060)
Ending balance (in shares) at Jun. 30, 2024     1,830      
Beginning balance (in shares) at Mar. 31, 2024   5        
Balance as of beginning of period at Mar. 31, 2024 40,485 $ 1,602 $ 20,709 (175) 19,347 (998)
Beginning balance (in shares) at Mar. 31, 2024     1,828      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 4,872       4,872  
Other comprehensive income (loss) (62)         (62)
VE territory covered losses (21)     (21)    
Recovery through conversion rate adjustment (6) $ (156)   150    
Conversions to class A common stock (in shares)   0 [3] 91      
Conversions to class A common stock 0 $ (21) $ 21      
Class B-1 common stock exchange offer (in shares)     (73)      
Class B-1 common stock exchange offer 0   $ 0 [3]      
Share-based compensation 211   $ 211      
Stock issued under equity plans (in shares)     1      
Stock issued under equity plans 84   $ 84      
Shares withheld for taxes related to stock issued under equity plans (in shares) [3]     0      
Shares withheld for taxes related to stock issued under equity plans (8)   $ (8)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (1,056)       (1,056)  
Repurchases of class A common stock (in shares)     (17)      
Repurchases of class A common stock (4,770)   $ (185)   (4,585)  
Ending balance (in shares) at Jun. 30, 2024   5        
Balance as of end of period at Jun. 30, 2024 $ 39,729 $ 1,425 [1] $ 20,832 (46) 18,578 (1,060)
Ending balance (in shares) at Jun. 30, 2024     1,830      
Beginning balance (in shares) at Sep. 30, 2024 5 5        
Balance as of beginning of period at Sep. 30, 2024 $ 39,137 $ 1,031 [4] $ 21,229 (104) 17,289 (308)
Beginning balance (in shares) at Sep. 30, 2024     1,868      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 14,968       14,968  
Other comprehensive income (loss) 517         517
VE territory covered losses (22)     (22)    
Recovery through conversion rate adjustment 0 $ (8)   8    
Conversions to class A common stock (in shares)   0 [5] 5      
Conversions to class A common stock 0 $ (152) $ 152      
Share-based compensation 706   $ 706      
Stock issued under equity plans (in shares)     4      
Stock issued under equity plans 341   $ 341      
Shares withheld for taxes related to stock issued under equity plans (in shares)     (1)      
Shares withheld for taxes related to stock issued under equity plans (254)   $ (254)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (3,488)       (3,488)  
Repurchases of class A common stock (in shares)     (40)      
Repurchases of class A common stock $ (13,241)   $ (428)   (12,813)  
Ending balance (in shares) at Jun. 30, 2025 5 5        
Balance as of end of period at Jun. 30, 2025 $ 38,664 $ 871 [4] $ 21,746 (118) 15,956 209
Ending balance (in shares) at Jun. 30, 2025     1,836      
Beginning balance (in shares) at Mar. 31, 2025   5        
Balance as of beginning of period at Mar. 31, 2025 38,030 $ 880 $ 21,579 (120) 16,518 (827)
Beginning balance (in shares) at Mar. 31, 2025     1,849      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 5,272       5,272  
Other comprehensive income (loss) 1,036         1,036
VE territory covered losses 2     2    
Conversions to class A common stock (in shares)   0 [6] 1      
Conversions to class A common stock 0 $ (9) $ 9      
Share-based compensation 223   $ 223      
Stock issued under equity plans (in shares) [6]     0      
Stock issued under equity plans 95   $ 95      
Shares withheld for taxes related to stock issued under equity plans (in shares) [6]     0      
Shares withheld for taxes related to stock issued under equity plans (12)   $ (12)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (1,154)       (1,154)  
Repurchases of class A common stock (in shares)     (14)      
Repurchases of class A common stock $ (4,828)   $ (148)   (4,680)  
Ending balance (in shares) at Jun. 30, 2025 5 5        
Balance as of end of period at Jun. 30, 2025 $ 38,664 $ 871 [4] $ 21,746 $ (118) $ 15,956 $ 209
Ending balance (in shares) at Jun. 30, 2025     1,836      
[1] As of June 30, 2024 and September 30, 2023, the book value of series A preferred stock was $364 million and $456 million, respectively. See Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B and series C preferred stock.
[2] Increase or decrease is less than one million.
[3] Increase or decrease is less than one million.
[4] As of June 30, 2025 and September 30, 2024, the book value of series A convertible participating preferred stock (series A preferred stock) was $388 million and $540 million, respectively. See Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B convertible participating preferred stock (series B preferred stock) and series C convertible participating preferred stock (series C preferred stock).
[5] Increase or decrease is less than one million.
[6] Increase or decrease is less than one million.