Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 224.7 $ 1,684.6
Trade accounts receivable, net of allowance for doubtful accounts of $13.9 and $12.9 at December 31, 2021 and 2020, respectively 727.6 630.6
Prepaid expenses 108.4 104.1
Other current assets 60.2 59.0
Total current assets 1,120.9 2,478.3
Property and equipment:    
Capitalized internal-use software and system costs 1,727.3 1,374.5
Data processing equipment and furniture 299.6 299.9
Land, buildings and improvements 250.3 239.1
Total property and equipment 2,277.2 1,913.5
Less accumulated depreciation and amortization (961.3) (774.1)
Total property and equipment, net 1,315.9 1,139.4
Goodwill 6,258.1 4,495.8
Indefinite-lived intangible assets 94.9 94.9
Purchased intangible assets, net 1,898.0 997.8
Other assets, net 353.1 405.6
Total assets 11,040.9 9,611.8
Current liabilities:    
Short-term debt and current maturities of long-term debt 824.8 1,101.1
Accounts payable 211.6 159.1
Accrued expenses 237.5 251.8
Accrued salaries and bonuses 257.9 250.3
Deferred revenue 121.3 108.3
Other current liabilities 638.2 612.5
Total current liabilities 2,291.3 2,483.1
Long-term debt 4,470.1 3,277.3
Deferred income tax liabilities, net 358.2 332.3
Long-term pension and other postretirement benefit liabilities 130.1 130.7
Other long-term liabilities 190.0 178.1
Total liabilities 7,439.7 6,401.5
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 December 31, 2021 and 2020;   Outstanding shares - 122.1 and 121.8 at December 31, 2021 and 2020, respectively 236.6 236.6
Paid-in capital 1,536.7 1,470.7
Retained earnings 4,751.6 4,185.4
Accumulated other comprehensive loss (295.4) (171.4)
Treasury stock, at cost, 66.6 shares and 66.9 shares at December 31, 2021 and 2020,     respectively (2,639.2) (2,547.0)
Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2021 and 2020, respectively (5.9) (5.9)
Total Equifax shareholders’ equity 3,584.4 3,168.4
Noncontrolling interests including redeemable noncontrolling interests 16.8 41.9
Total shareholders’ equity 3,601.2 3,210.3
Total liabilities and equity $ 11,040.9 $ 9,611.8