CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions |
Mar. 31, 2020 |
Dec. 31, 2019 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 369.9
|
$ 401.3
|
| Trade accounts receivable, net of allowance for doubtful accounts of $13.4 and $11.2 at March 31, 2020 and December 31, 2019, respectively |
605.5
|
532.1
|
| Prepaid expenses |
119.9
|
88.1
|
| Other current assets |
53.7
|
187.9
|
| Total current assets |
1,149.0
|
1,209.4
|
| Property and equipment: |
|
|
| Capitalized internal-use software and system costs |
1,036.7
|
979.4
|
| Data processing equipment and furniture |
322.9
|
325.1
|
| Land, buildings and improvements |
233.6
|
236.3
|
| Total property and equipment |
1,593.2
|
1,540.8
|
| Less accumulated depreciation and amortization |
(631.1)
|
(593.2)
|
| Total property and equipment, net |
962.1
|
947.6
|
| Goodwill |
4,157.4
|
4,308.3
|
| Indefinite-lived intangible assets |
94.7
|
94.9
|
| Purchased intangible assets, net |
1,000.6
|
1,044.6
|
| Other assets, net |
259.0
|
304.2
|
| Total assets |
7,622.8
|
7,909.0
|
| Current liabilities: |
|
|
| Short-term debt and current maturities of long-term debt |
3.1
|
3.1
|
| Accounts payable |
170.9
|
148.3
|
| Accrued expenses |
180.9
|
163.5
|
| Accrued salaries and bonuses |
86.9
|
156.1
|
| Deferred revenue |
111.1
|
104.0
|
| Other current liabilities |
590.9
|
784.1
|
| Total current liabilities |
1,143.8
|
1,359.1
|
| Long-term debt |
3,505.1
|
3,379.5
|
| Deferred income tax liabilities, net |
263.4
|
248.0
|
| Long-term pension and other postretirement benefit liabilities |
114.3
|
118.9
|
| Other long-term liabilities |
166.4
|
180.6
|
| Total liabilities |
5,193.0
|
5,286.1
|
| Commitments and Contingencies (see Note 6) |
|
|
| Equifax shareholders' equity: |
|
|
| Preferred stock, $0.01 par value: Authorized shares - 10.0; Issued shares - none |
0.0
|
0.0
|
| Common stock, $1.25 par value: Authorized shares - 300.0; Issued shares - 189.3 at March 31, 2020 and December 31, 2019; Outstanding shares - 121.4 and 121.2 at March 31, 2020 and December 31, 2019, respectively |
236.6
|
236.6
|
| Paid-in capital |
1,431.7
|
1,405.1
|
| Retained earnings |
4,196.9
|
4,131.8
|
| Accumulated other comprehensive loss |
(918.9)
|
(631.6)
|
| Treasury stock, at cost, 67.3 shares and 67.5 shares at March 31, 2020 and December 31, 2019, respectively |
(2,553.9)
|
(2,557.4)
|
| Stock held by employee benefit trusts, at cost, 0.6 shares at March 31, 2020 and December 31, 2019 |
(5.9)
|
(5.9)
|
| Total Equifax shareholders’ equity |
2,386.5
|
2,578.6
|
| Noncontrolling interests including redeemable noncontrolling interests |
43.3
|
44.3
|
| Total equity |
2,429.8
|
2,622.9
|
| Total liabilities and equity |
$ 7,622.8
|
$ 7,909.0
|