Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.22.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 285.2 $ 224.7
Trade accounts receivable, net of allowance for doubtful accounts of $19.1 and $13.9 at December 31, 2022 and 2021, respectively 857.7 727.6
Prepaid expenses 134.3 108.4
Other current assets 93.3 60.2
Total current assets 1,370.5 1,120.9
Property and equipment:    
Capitalized internal-use software and system costs 2,139.1 1,727.3
Data processing equipment and furniture 281.4 299.6
Land, buildings and improvements 261.6 250.3
Total property and equipment 2,682.1 2,277.2
Less accumulated depreciation and amortization (1,095.1) (961.3)
Total property and equipment, net 1,587.0 1,315.9
Goodwill 6,383.9 6,258.1
Indefinite-lived intangible assets 94.8 94.9
Purchased intangible assets, net 1,818.5 1,898.0
Other assets, net 293.2 353.1
Total assets 11,547.9 11,040.9
Current liabilities:    
Short-term debt and current maturities of long-term debt 967.2 824.8
Accounts payable 250.8 211.6
Accrued expenses 229.0 237.5
Accrued salaries and bonuses 138.7 257.9
Deferred revenue 132.9 121.3
Other current liabilities 296.6 638.2
Total current liabilities 2,015.2 2,291.3
Long-term debt 4,820.1 4,470.1
Deferred income tax liabilities, net 460.3 358.2
Long-term pension and other postretirement benefit liabilities 100.4 130.1
Other long-term liabilities 178.6 190.0
Total liabilities 7,574.6 7,439.7
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, 2022 and 2021;   Outstanding shares - 122.5 and 122.1 at December 31, 2022 and 2021, respectively 236.6 236.6
Paid-in capital 1,594.2 1,536.7
Retained earnings 5,256.0 4,751.6
Accumulated other comprehensive loss (473.7) (295.4)
Treasury stock, at cost, 66.2 shares and 66.6 shares at December 31, 2022 and 2021,     respectively (2,650.7) (2,639.2)
Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2022 and 2021, respectively (5.9) (5.9)
Total Equifax shareholders’ equity 3,956.5 3,584.4
Noncontrolling interests including redeemable noncontrolling interests 16.8 16.8
Total shareholders’ equity 3,973.3 3,601.2
Total liabilities and equity $ 11,547.9 $ 11,040.9