Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 167.5 $ 223.6
Trade accounts receivable, net of allowance for doubtful accounts of $12.5 and $10.9 at September 30, 2019 and December 31, 2018, respectively 516.6 469.1
Prepaid expenses 92.7 100.0
Other current assets 76.2 109.6
Total current assets 853.0 902.3
Property and equipment:    
Capitalized internal-use software and system costs 899.9 684.1
Data processing equipment and furniture 346.4 344.6
Land, buildings and improvements 234.8 216.1
Total property and equipment 1,481.1 1,244.8
Less accumulated depreciation and amortization (576.6) (480.0)
Total property and equipment, net 904.5 764.8
Goodwill 4,227.3 4,129.7
Indefinite-lived intangible assets 94.8 94.8
Purchased intangible assets, net 1,052.0 1,099.2
Other assets, net 299.1 162.4
Total assets 7,430.7 7,153.2
Current liabilities:    
Short-term debt and current maturities of long-term debt 372.0 4.9
Accounts payable 135.4 175.7
Accrued expenses 184.4 213.2
Accrued salaries and bonuses 114.6 131.0
Deferred revenue 97.9 98.0
Other current liabilities 587.5 204.0
Total current liabilities 1,491.8 826.8
Long-term debt 2,834.7 2,630.6
Deferred income tax liabilities, net 250.3 316.2
Long-term pension and other postretirement benefit liabilities 130.6 139.3
Other long-term liabilities 164.2 84.6
Total liabilities 4,871.6 3,997.5
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 September 30, 2019 and December 31, 2018; Outstanding shares - 121.1 and 120.6 at September 30, 2019 and December 31, 2018, respectively 236.6 236.6
Paid-in capital 1,392.6 1,356.6
Retained earnings 4,170.4 4,717.8
Accumulated other comprehensive loss (717.5) (626.3)
Treasury stock, at cost, 67.6 shares and 68.1 shares at September 30, 2019 and December 31, 2018, respectively (2,560.4) (2,571.0)
Stock held by employee benefit trusts, at cost, 0.6 shares at September 30, 2019 and December 31, 2018 (5.9) (5.9)
Intercompany cash 2,515.8 3,107.8
Total Equifax shareholders’ equity 43.3 47.9
Noncontrolling interests including redeemable noncontrolling interests 2,559.1 3,155.7
Total equity $ 7,430.7 $ 7,153.2