Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 164.1 $ 285.2
Trade accounts receivable, net of allowance for doubtful accounts of $17.0 and $19.1 at June 30, 2023 and December 31, 2022, respectively 935.9 857.7
Prepaid expenses 148.7 134.3
Other current assets 66.7 93.3
Total current assets 1,315.4 1,370.5
Property and equipment:    
Capitalized internal-use software and system costs 2,350.9 2,139.1
Data processing equipment and furniture 284.2 281.4
Land, buildings and improvements 264.9 261.6
Total property and equipment 2,900.0 2,682.1
Less accumulated depreciation and amortization (1,178.0) (1,095.1)
Total property and equipment, net 1,722.0 1,587.0
Goodwill 6,401.2 6,383.9
Indefinite-lived intangible assets 94.9 94.8
Purchased intangible assets, net 1,699.1 1,818.5
Other assets, net 305.3 293.2
Total assets 11,537.9 11,547.9
Current liabilities:    
Short-term debt and current maturities of long-term debt 169.1 967.2
Accounts payable 148.3 250.8
Accrued expenses 271.1 229.0
Accrued salaries and bonuses 128.8 138.7
Deferred revenue 109.7 132.9
Other current liabilities 265.2 296.6
Total current liabilities 1,092.2 2,015.2
Long-term debt 5,503.0 4,820.1
Deferred income tax liabilities, net 460.5 460.3
Long-term pension and other postretirement benefit liabilities 97.4 100.4
Other long-term liabilities 176.5 178.6
Total liabilities 7,329.6 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 June 30, 2023 and December 31, 2022; Outstanding shares - 122.7 and 122.5 at June 30, 2023 and December 31, 2022, respectively 236.6 236.6
Paid-in capital 1,650.5 1,594.2
Retained earnings 5,410.5 5,256.0
Accumulated other comprehensive loss (445.9) (473.7)
Treasury stock, at cost, 66.0 shares and 66.2 shares at June 30, 2023 and December 31, 2022, respectively (2,654.6) (2,650.7)
Stock held by employee benefit trusts, at cost, 0.6 shares at June 30, 2023 and December 31, 2022 (5.9) (5.9)
Total Equifax shareholders’ equity 4,191.2 3,956.5
Noncontrolling interests including redeemable noncontrolling interests 17.1 16.8
Total equity 4,208.3 3,973.3
Total liabilities and equity $ 11,537.9 $ 11,547.9