Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS
BRL in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Operating activities:      
Consolidated net income $ 495.1 $ 434.8 $ 374.0
Adjustments to reconcile consolidated net income to net cash provided by operating activities:      
Impairment of cost method investment 0.0 14.8 0.0
Depreciation and amortization 268.7 200.0 204.2
Stock-based compensation expense 37.1 38.4 38.1
Excess tax benefits from stock-based compensation plans (35.9) (30.0) (17.7)
Deferred income taxes (13.0) (28.7) (9.6)
Changes in assets and liabilities, excluding effects of acquisitions:      
Accounts receivable, net (55.7) (26.9) (27.8)
Other assets, current and long-term 0.3 15.9 (5.8)
Current and long-term liabilities, excluding debt 99.2 123.8 60.8
Cash provided by operating activities 795.8 742.1 616.2
Investing activities:      
Capital expenditures (173.5) (146.2) (86.4)
Acquisitions, net of cash acquired (1,791.6) (4.4) (341.0)
Cash received from divestitures 0.0 2.9 0.6
Cash paid to settle economic hedges (10.8) 0.0 0.0
Investment in unconsolidated affiliates, net 0.0 (0.1) (2.5)
Cash used in investing activities (1,975.9) (147.8) (429.3)
Financing activities:      
Net short-term borrowings (repayments) 73.0 (331.0) 379.9
Payments on long-term debt (350.0) 0.0 (290.0)
Proceeds from issuance of long-term debt 1,574.7 0.0 0.0
Treasury stock purchases 0.0 (196.3) (301.6)
Dividends paid to Equifax shareholders (157.6) (137.8) (121.2)
Dividends paid to noncontrolling interests (5.8) (6.4) (7.9)
Proceeds from exercise of stock options 31.5 34.4 39.7
Excess tax benefits from stock-based compensation plans 35.9 30.0 17.7
Payment of contingent consideration (4.4) 0.0 0.0
Purchase of redeemable noncontrolling interests (3.6) 0.0 0.0
Debt issuance costs (6.2) (4.9) 0.0
Cash provided by (used in) financing activities 1,187.5 (612.0) (283.4)
Effect of foreign currency exchange rates on cash and cash equivalents 28.6 (17.3) (11.1)
Increase (decrease) in cash and cash equivalents 36.0 (35.0) (107.6)
Cash and cash equivalents, beginning of period 93.3 128.3 235.9
Cash and cash equivalents, end of period $ 129.3 $ 93.3 $ 128.3