v3.21.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Consolidated net income $ 418.8 $ 219.2
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 236.4 192.1
Stock-based compensation expense 33.9 31.7
Deferred income taxes 14.1 32.3
Loss (gain) on fair market value adjustment of equity investments 17.5 (32.9)
Gain on divestiture (0.2) 0.0
Changes in assets and liabilities, excluding effects of acquisitions:    
Accounts receivable, net (51.3) (65.3)
Other assets, current and long-term 5.3 29.3
Current and long term liabilities, excluding debt (123.4) (124.4)
Cash provided by operating activities 551.1 282.0
Investing activities:    
Capital expenditures (235.5) (192.8)
Acquisitions, net of cash acquired (861.6) (48.1)
Cash received from divestiture 1.5 0.0
Investment in unconsolidated affiliates, net 0.0 (10.0)
Cash used in investing activities (1,095.6) (250.9)
Financing activities:    
Net short-term (repayments) borrowings (0.6)  
Net short-term (repayments) borrowings   0.8
Payments on long-term debt (500.1) (125.0)
Borrowings on long-term debt 0.0 1,123.3
Treasury stock purchases (69.9) 0.0
Dividends paid to Equifax shareholders (95.0) (94.6)
Dividends paid to noncontrolling interests (5.8) (1.6)
Proceeds from exercise of stock options and employee stock purchase plan 25.1 22.9
Payment of taxes related to settlement of equity awards (30.4) 0.0
Purchase of redeemable noncontrolling interests (3.6) 0.0
Debt issuance costs 0.0 (9.8)
Other 0.0 0.3
Cash (used in) provided by financing activities (680.3) 916.3
Effect of foreign currency exchange rates on cash and cash equivalents (1.7) (1.3)
(Decrease) Increase in cash and cash equivalents (1,226.5) 946.1
Cash and cash equivalents, beginning of period 1,684.6 401.3
Cash and cash equivalents, end of period $ 458.1 $ 1,347.4

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