Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 232.5 $ 285.2
Trade accounts receivable, net of allowance for doubtful accounts of $20.1 and $19.1 at March 31, 2023 and December 31, 2022, respectively 919.5 857.7
Prepaid expenses 163.7 134.3
Other current assets 67.9 93.3
Total current assets 1,383.6 1,370.5
Property and equipment:    
Capitalized internal-use software and system costs 2,224.8 2,139.1
Data processing equipment and furniture 285.5 281.4
Land, buildings and improvements 261.9 261.6
Total property and equipment 2,772.2 2,682.1
Less accumulated depreciation and amortization (1,117.7) (1,095.1)
Total property and equipment, net 1,654.5 1,587.0
Goodwill 6,396.3 6,383.9
Indefinite-lived intangible assets 94.8 94.8
Purchased intangible assets, net 1,759.9 1,818.5
Other assets, net 294.8 293.2
Total assets 11,583.9 11,547.9
Current liabilities:    
Short-term debt and current maturities of long-term debt 815.1 967.2
Accounts payable 146.4 250.8
Accrued expenses 282.9 229.0
Accrued salaries and bonuses 116.3 138.7
Deferred revenue 134.9 132.9
Other current liabilities 296.5 296.6
Total current liabilities 1,792.1 2,015.2
Long-term debt 4,987.9 4,820.1
Deferred income tax liabilities, net 451.6 460.3
Long-term pension and other postretirement benefit liabilities 98.0 100.4
Other long-term liabilities 172.1 178.6
Total liabilities 7,501.7 7,574.6
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, 2023 and December 31, 2022; Outstanding shares - 122.6 and 122.5 at March 31, 2023 and December 31, 2022, respectively 236.6 236.6
Paid-in capital 1,631.1 1,594.2
Retained earnings 5,320.3 5,256.0
Accumulated other comprehensive loss (461.1) (473.7)
Treasury stock, at cost, 66.1 shares and 66.2 shares at March 31, 2023 and December 31, 2022, respectively (2,657.0) (2,650.7)
Stock held by employee benefit trusts, at cost, 0.6 shares at March 31, 2023 and December 31, 2022 (5.9) (5.9)
Total Equifax shareholders’ equity 4,064.0 3,956.5
Noncontrolling interests including redeemable noncontrolling interests 18.2 16.8
Total equity 4,082.2 3,973.3
Total liabilities and equity $ 11,583.9 $ 11,547.9