Equifax Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS AND INVESTMENTS (Tables)

ACQUISITIONS AND INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The preliminary valuation of acquired assets and assumed liabilities at the date of the acquisition, include the following:



	(In millions)
Cash	$	22.7
Accounts receivable and other current assets	35.3
Other assets	41.6
Identifiable intangible assets⁽¹⁾	654.6
Goodwill⁽²⁾	1,403.4
Total assets acquired	$	2,157.6
Debt⁽³⁾	(189.5		)
Other current liabilities	(37.5		)
Other liabilities	(173.4		)
Non-controlling interest	(6.7		)
Net assets acquired	$	1,750.5

⁽¹⁾ Identifiable intangible assets are further disaggregated in the table below.

⁽²⁾ The goodwill is included in the International segment and is not deductible for tax purposes.

⁽³⁾ The Veda debt of $191 million was paid in full on March 10, 2016.

Schedule of Definite-Lived Intangible Assets Acquired as Part of Business Combination



	Fair value		Weighted-average useful life
Definite-lived intangible assets:	(In millions)		(In years)
Customer relationships	$	163.5	15.0
Acquired software and technology	104.1		4.3
Purchased data files	373.4		15.0
Non-compete agreements	3.8		1.0
Trade names and other intangible assets	9.8		1.0
Total acquired intangibles	$	654.6	13.0

Schedule of Pro Forma Information

The following table presents unaudited consolidated pro forma information as if our acquisition of Veda had occurred at the beginning of the earliest period presented. The pro forma amounts may not be necessarily indicative of the operating revenues and results of operations had the acquisition actually taken place at the beginning of the earliest period presented. Furthermore, the pro forma information may not be indicative of future performance.



	Three months ended March 31,
	2016				2015
	As Reported		Pro Forma		As Reported		Pro Forma
	(In millions, except per share data)
Operating revenues	$	728.3	$	765.0	$	651.8	$	717.4
Operating income	176.2		179.9		154.2		162.6
Net income attributable to Equifax	102.1		101.5		88.3		89.4
Net income per share (basic)	0.86		0.85		0.74		0.75
Net income per share (diluted)	0.85		0.84		0.73		0.73