Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED BALANCE SHEETS

v3.25.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 195.2 $ 169.9
Trade accounts receivable, net of allowance for doubtful accounts of $18.2 and $16.9 at March 31, 2025 and December 31, 2024, respectively 1,017.8 957.6
Prepaid expenses 177.7 134.9
Other current assets 85.0 98.2
Total current assets 1,475.7 1,360.6
Property and equipment:    
Capitalized internal-use software and system costs 2,863.6 2,817.5
Data processing equipment and furniture 232.9 229.6
Land, buildings and improvements 285.1 285.0
Total property and equipment 3,381.6 3,332.1
Less accumulated depreciation and amortization (1,492.2) (1,440.2)
Total property and equipment, net 1,889.4 1,891.9
Noncurrent assets:    
Goodwill 6,590.5 6,547.8
Indefinite-lived intangible assets 94.7 94.7
Purchased intangible assets, net 1,474.0 1,521.0
Other assets, net 330.5 343.4
Total assets 11,854.8 11,759.4
Current liabilities:    
Short-term debt and current maturities of long-term debt 639.7 687.7
Accounts payable 172.3 138.2
Accrued expenses 281.4 251.1
Accrued salaries and bonuses 124.2 215.8
Deferred revenue 136.0 115.5
Other current liabilities 377.3 403.2
Total current liabilities 1,730.9 1,811.5
Noncurrent liabilities:    
Long-term debt 4,324.4 4,322.8
Deferred income tax liabilities, net 342.6 351.6
Long-term pension and other postretirement benefit liabilities 106.1 106.7
Other long-term liabilities 238.3 247.2
Total liabilities 6,742.3 6,839.8
Commitments and Contingencies (see Note 6)
Redeemable noncontrolling interests 112.7 105.2
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, 2025 and December 31, 2024; Outstanding shares - 124.2 and 124.0 at March 31, 2025 and December 31, 2024, respectively 236.6 236.6
Paid-in capital 1,953.0 1,915.2
Retained earnings 6,103.0 6,018.6
Accumulated other comprehensive loss (657.3) (722.7)
Treasury stock, at cost, 64.5 shares and 64.7 shares at March 31, 2025 and December 31, 2024, respectively (2,648.2) (2,644.9)
Stock held by employee benefits trusts, at cost, 0.6 shares at March 31, 2025 and December 31, 2024 (5.9) (5.9)
Total Equifax shareholders’ equity 4,981.2 4,796.9
Noncontrolling interests 18.6 17.5
Total shareholders' equity 4,999.8 4,814.4
Total liabilities, redeemable noncontrolling interests, and shareholders' equity $ 11,854.8 $ 11,759.4