Mastercard's 2023 10-K Reveals Debt Structure & Financial Health

TL;DR

**Mastercard's 2023 10-K shows a stable financial position with various notes due, indicating ongoing capital management.**

AI Summary

Mastercard Inc. filed its 10-K on February 13, 2024, for the fiscal year ending December 31, 2023. The filing details various financial instruments, including 2.1% Notes due 2027, 1.0% Notes due 2029, and 2.5% Notes due 2030, indicating ongoing debt management and capital structure. The company's business address is 2000 Purchase Street, Purchase, NY 10577.

Why It Matters

This filing provides a detailed look into Mastercard's financial obligations and operational structure, crucial for investors to assess its long-term stability and growth prospects in the global payments industry.

Risk Assessment

Risk Level: low — The filing primarily details standard financial reporting and debt instruments, without immediate indications of high-risk factors.

Key Numbers

• 2023-12-31 — Conformed Period of Report (Indicates the fiscal year-end for the reported financial data.)
• 2024-02-13 — Filed As Of Date (The date the 10-K filing was officially submitted to the SEC.)
• 001-32877 — SEC File Number (Unique identifier for Mastercard's filings with the SEC.)
• 183 — Public Document Count (Number of documents included in the filing.)
• 10577 — ZIP Code (Part of Mastercard's business and mail address.)

Key Players & Entities

• Mastercard Inc (company) — filer of the 10-K
• 2.1% Notes due 2027 (dollar_amount) — debt instrument
• 1.0% Notes due 2029 (dollar_amount) — debt instrument
• 2.5% Notes due 2030 (dollar_amount) — debt instrument
• December 31, 2023 (date) — end of the reporting period
• February 13, 2024 (date) — filing date

FAQ

From the Filing

0001141391-24-000022.txt : 20240213 0001141391-24-000022.hdr.sgml : 20240213 20240213124732 ACCESSION NUMBER: 0001141391-24-000022 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 183 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Mastercard Inc CENTRAL INDEX KEY: 0001141391 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 134172551 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32877 FILM NUMBER: 24624060 BUSINESS ADDRESS: STREET 1: 2000 PURCHASE STREET CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 9142492000 MAIL ADDRESS: STREET 1: 2000 PURCHASE STREET CITY: PURCHASE STATE: NY ZIP: 10577 FORMER COMPANY: FORMER CONFORMED NAME: MASTERCARD INC DATE OF NAME CHANGE: 20010525 10-K 1 ma-20231231.htm 10-K ma-20231231 0001141391 2023 FY false P1Y http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#GeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#GeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#GeneralAndAdministrativeExpense 23,552 379 48,112 12,000 366 0001141391 2023-01-01 2023-12-31 0001141391 us-gaap:CommonClassAMember 2023-01-01 2023-12-31 0001141391 ma:TwoPointOnePercentNotesDue2027Member 2023-01-01 2023-12-31 0001141391 ma:OnePointZeroPercentNotesDue2029Member 2023-01-01 2023-12-31 0001141391 ma:TwoPointFivePercentNotesDue2030Member 2023-01-01 2023-12-31 0001141391 2023-06-30 iso4217:USD 0001141391 us-gaap:CommonClassAMember 2024-02-08 xbrli:shares 0001141391 us-gaap:CommonClassBMember 2024-02-08 0001141391 2022-01-01 2022-12-31 0001141391 2021-01-01 2021-12-31 iso4217:USD xbrli:shares 0001141391 2023-12-31 0001141391 2022-12-31 0001141391 us-gaap:CommonClassAMember 2022-12-31 0001141391 us-gaap:CommonClassAMember 2023-12-31 0001141391 us-gaap:CommonClassBMember 2022-12-31 0001141391 us-gaap:CommonClassBMember 2023-12-31 0001141391 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2020-12-31 0001141391 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2020-12-31 0001141391 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001141391 us-gaap:TreasuryStockCommonMember 2020-12-31 0001141391 us-gaap:RetainedEarningsMember 2020-12-31 0001141391 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001141391 us-gaap:ParentMember 2020-12-31 0001141391 us-gaap:NoncontrollingInterestMember 2020-12-31 0001141391 2020-12-31 0001141391 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001141391 us-gaap:ParentMember 2021-01-01 2021-12-31 0001141391 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0001141391 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001141391 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001141391 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001141391 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2021-12-31 0001141391 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2021-12-31 0001141391 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001141391 us-gaap:TreasuryStockCommonMember 2021-12-31 0001141391 us-gaap:RetainedEarningsMember 2021-12-31 0001141391 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001141391 us-gaap:ParentMember 2021-12-31 0001141391 us-gaap:NoncontrollingInterestMember 2021-12-31 0001141391 2021-12-31 0001141391 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001141391 us-gaap:P