Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,347.4 $ 401.3
Trade accounts receivable, net of allowance for doubtful accounts of $16.9 and $11.2 at June 30, 2020 and December 31, 2019, respectively 592.5 532.1
Prepaid expenses 121.1 88.1
Other current assets 43.9 187.9
Total current assets 2,104.9 1,209.4
Property and equipment:    
Capitalized internal-use software and system costs 1,147.0 979.4
Data processing equipment and furniture 328.2 325.1
Land, buildings and improvements 235.0 236.3
Total property and equipment 1,710.2 1,540.8
Less accumulated depreciation and amortization (693.0) (593.2)
Total property and equipment, net 1,017.2 947.6
Goodwill 4,322.9 4,308.3
Indefinite-lived intangible assets 94.8 94.9
Purchased intangible assets, net 1,012.7 1,044.6
Other assets, net 280.3 304.2
Total assets 8,832.8 7,909.0
Current liabilities:    
Short-term debt and current maturities of long-term debt 503.7 3.1
Accounts payable 149.4 148.3
Accrued expenses 178.0 163.5
Accrued salaries and bonuses 156.9 156.1
Deferred revenue 98.6 104.0
Other current liabilities 569.8 784.1
Total current liabilities 1,656.4 1,359.1
Long-term debt 3,872.1 3,379.5
Deferred income tax liabilities, net 287.9 248.0
Long-term pension and other postretirement benefit liabilities 110.6 118.9
Other long-term liabilities 171.5 180.6
Total liabilities 6,098.5 5,286.1
Commitments and Contingencies (see Note 5)
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 June 30, 2020 and December 31, 2019; Outstanding shares - 121.5 and 121.2 at June 30, 2020 and December 31, 2019, respectively 236.6 236.6
Paid-in capital 1,447.8 1,405.1
Retained earnings 4,248.0 4,131.8
Accumulated other comprehensive loss (681.7) (631.6)
Treasury stock, at cost, 67.2 shares and 67.5 shares at June 30, 2020 and December 31, 2019, respectively (2,550.7) (2,557.4)
Stock held by employee benefit trusts, at cost, 0.6 shares at June 30, 2020 and December 31, 2019 (5.9) (5.9)
Total Equifax shareholders’ equity 2,694.1 2,578.6
Noncontrolling interests including redeemable noncontrolling interests 40.2 44.3
Total equity 2,734.3 2,622.9
Total liabilities and equity $ 8,832.8 $ 7,909.0