Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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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