Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers other payment-related products and services. The company offers integrated products and value-added services for account holders, merchants, financial institutions, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; prepaid programs and management services; commercial credit and debit payment products and solutions; and payment products and solutions that allow its customers to access funds in deposit and other accounts. It also provides value-added products and services comprising cyber and intelligence solutions for parties to transact, as well as proprietary insights, drawing on principled use of consumer, and merchant data services. In addition, the company offers analytics, test and learn, consulting, managed services, loyalty, processing, and payment gateway solutions for e-commerce merchants. Further, it provides open banking and digital identity platforms services. The company offers payment solutions and services under the MasterCard, Maestro, and Cirrus. Mastercard Incorporated was founded in 1966 and is headquartered in Purchase, New York.

Mastercard Incorporated

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Assets	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Cash and Cash Equivalents	9,031	8,442	6,996	8,588	6,170	7,008
Cash and Cash Equivalents
Short-Term Investments	336	330	362	592	344	400
Investments
Total Cash and Cash Equivalents	9,367	8,772	7,358	9,180	6,514	7,408
Accounts Receivable	6,602	5,594	5,709	5,293	5,141	4,695
Accounts Receivable
Settlement Assets
Total Trade Receivables	6,602	5,594	5,709	5,293	5,141	4,695
Other Current Assets	6,171	5,358	4,715	4,488	4,875	4,503
Restricted Cash and Restricted Cash Equivalents
Restricted Security Deposits Held for Customers
Prepaid Expenses and Other Current Assets
Total Current Assets	22,140	19,724	17,780	18,961	16,530	16,606
Total Current Assets
Net Property, Plant & Equipment	2,225	2,138	2,148	2,061	1,986	2,006
Property, Equipment and Right-of-Use Assets, Net
Net Intangible Assets	5,629	5,453	4,149	4,086	4,049	3,859
Other Intangible Assets, Net
Goodwill	9,598	9,193	7,563	7,660	7,579	7,522
Goodwill
Other Long-Term Assets	11,839	11,573	10,693	9,680	8,860	8,731
Other Assets
Deferred Income Taxes
Total Assets	51,431	48,081	42,333	42,448	39,004	38,724
Total Assets

Liabilities	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Accounts Payable	818	929	835	834	643	926
Accounts Payable
Accrued Expenses	11,151	11,323	8,532	9,240	8,196	8,895
Accrued Expenses
Accrued Litigation
Short-Term Debt	—	750	1,086	1,337	1,336	274
Short-Term Debt
Other Current Liabilities	7,060	6,218	5,141	4,853	4,461	4,076
Restricted Security Deposits Held for Customers
Other Current Liabilities
Settlement Obligations
Total Current Liabilities	19,029	19,220	15,594	16,264	14,636	14,171
Total Current Liabilities
Long-Term Debt	18,970	17,476	14,519	14,344	14,284	13,749
Long-Term Debt
Other Long-Term Liabilities	5,558	4,870	4,738	4,843	4,505	4,427
Deferred Income Taxes
Other Liabilities
Total Long-Term Liabilities	24,528	22,346	19,257	19,187	18,789	18,176
Total Liabilities	43,557	41,566	34,851	35,451	33,425	32,347
Total Liabilities

Equity	Jun '25	Dec '24	Jun '24	Dec '23	Jun '23	Dec '22
Treasury Stock	-76,299	-71,431	-65,067	-60,429	-56,659	-51,354
Class a Treasury Stock, at Cost
Additional Paid-in Capital	6,562	6,442	6,089	5,893	5,622	5,298
Additional Paid-in-Capital
Accumulated Other Comprehensive Income	-919	-1,433	-1,205	-1,099	-1,189	-1,253
Retained Earnings	78,509	72,907	67,604	62,564	57,730	53,607
Retained Earnings
Total Common Shareholders' Equity	7,853	6,485	7,421	6,929	5,504	6,298
Mastercard Incorporated Stockholders' Equity
Minority Interests and Other	21	30	61	90	75	79
Redeemable Non-Controlling Interests
Non-Controlling Interests
Commitments and Contingencies
Total Shareholders' Equity	7,874	6,515	7,482	6,997	5,579	6,377
Total Equity
Redeemable Non-Controlling Interests
Total Liabilities and Shareholders' Equity	51,431	48,081	42,333	42,448	39,004	38,724
Total Liabilities and Equity