Equifax Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2017

Reportable Segments. We manage our business and report our financial results through the following four reportable segments, which are the same as our operating segments:

- U.S. Information Solutions ("USIS")

- International

- Workforce Solutions

- Global Consumer Solutions

The accounting policies of the reportable segments are the same as those described in our summary of significant accounting policies in Note 1 of the Notes to Consolidated Financial Statements in our 2016 Form 10-K. We evaluate the performance of these reportable segments based on their operating revenues, operating income and operating margins, excluding unusual or infrequent items, if any. Inter-segment sales and transfers are not material for all periods presented. The measurement criteria for segment profit or loss and segment assets are substantially the same for each reportable segment. All transactions between segments are accounted for at fair market value or cost depending on the nature of the transaction, and no timing differences occur between segments.

A summary of segment products and services is as follows:

U.S. Information Solutions. This segment includes consumer and commercial information services (such as credit information and credit scoring, credit modeling services and portfolio analytics (decisioning tools), which are derived from our databases of business credit and financial information, locate services, fraud detection and prevention services, identity verification services and other consulting services); mortgage loan information; financial marketing services; and identity management.

International. This segment includes information services products, which includes consumer and commercial services (such as credit and financial information, credit scoring and credit modeling services), credit and other marketing products and services. We also provide information, technology and services to support debt collections and recovery management.

Workforce Solutions. This segment includes employment, income and social security number verification services as well as complementary payroll-based transaction services and employment tax management services.

Global Consumer Solutions. This segment includes credit information, credit monitoring and identity theft protection products sold directly and indirectly to consumers via the internet and in various hard-copy formats in the U.S., Canada, and the U.K.

Operating revenue and operating income by operating segment during the three and six months ended June 30, 2017 and 2016 are as follows:



	Three Months Ended				Six Months Ended
(In millions)	June 30,				June 30,
Operating revenue:	2017		2016		2017		2016
U.S. Information Solutions	$	331.9	$	307.9	$	642.0	$	602.8
International	231.4		218.8		447.7		376.9
Workforce Solutions	194.5		177.3		394.5		357.4
Global Consumer Solutions	98.9		107.3		204.8		202.5
Total operating revenue	$	856.7	$	811.3	$	1,689.0	$	1,539.6



	Three Months Ended						Six Months Ended
(In millions)	June 30,						June 30,
Operating income:	2017			2016			2017			2016
U.S. Information Solutions	$	149.7		$	134.0		$	279.4		$	256.8
International	46.1			33.7			75.9			53.0
Workforce Solutions	89.0			78.3			178.4			156.9
Global Consumer Solutions	27.4			25.8			58.2			52.8
General Corporate Expense	(48.1		)	(46.1		)	(111.0		)	(117.6		)
Total operating income	$	264.1		$	225.7		$	480.9		$	401.9

Total assets by operating segment at June 30, 2017 and December 31, 2016 are as follows:



	June 30,		December 31,
(In millions)	2017		2016
Total assets:
U.S. Information Solutions	$	1,784.2	$	1,824.0
International	3,012.3		2,932.5
Workforce Solutions	1,338.6		1,337.0
Global Consumer Solutions	193.9		193.7
General Corporate	729.3		376.8
Total assets	$	7,058.3	$	6,664.0