Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,684.6 $ 401.3
Trade accounts receivable, net of allowance for doubtful accounts of $12.9 and $11.2 at December 31, 2020 and 2019, respectively 630.6 532.1
Prepaid expenses 104.1 88.1
Other current assets 59.0 187.9
Total current assets 2,478.3 1,209.4
Property and equipment:    
Capitalized internal-use software and system costs 1,374.5 979.4
Data processing equipment and furniture 299.9 325.1
Land, buildings and improvements 239.1 236.3
Total property and equipment 1,913.5 1,540.8
Less accumulated depreciation and amortization (774.1) (593.2)
Total property and equipment, net 1,139.4 947.6
Goodwill 4,495.8 4,308.3
Indefinite-lived intangible assets 94.9 94.9
Purchased intangible assets, net 997.8 1,044.6
Other assets, net 405.6 304.2
Total assets 9,611.8 7,909.0
Current liabilities:    
Short-term debt and current maturities of long-term debt 1,101.1 3.1
Accounts payable 159.1 148.3
Accrued expenses 251.8 163.5
Accrued salaries and bonuses 250.3 156.1
Deferred revenue 108.3 104.0
Other current liabilities 612.5 784.1
Total current liabilities 2,483.1 1,359.1
Long-term debt 3,277.3 3,379.5
Deferred income tax liabilities, net 332.3 248.0
Long-term pension and other postretirement benefit liabilities 130.7 118.9
Other long-term liabilities 178.1 180.6
Total liabilities 6,401.5 5,286.1
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 December 31, 2020 and 2019;   Outstanding shares - 121.8 and 121.2 at December 31, 2020 and 2019, respectively 236.6 236.6
Paid-in capital 1,470.7 1,405.1
Retained earnings 4,185.4 3,854.6
Accumulated other comprehensive loss (171.4) (354.4)
Treasury stock, at cost, 66.9 shares and 67.5 shares at December 31, 2020 and 2019,     respectively (2,547.0) (2,557.4)
Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2020 and 2019, respectively (5.9) (5.9)
Total Equifax shareholders’ equity 3,168.4 2,578.6
Noncontrolling interests including redeemable noncontrolling interests 41.9 44.3
Total shareholders’ equity 3,210.3 2,622.9
Total liabilities and equity $ 9,611.8 $ 7,909.0