Annual report pursuant to Section 13 and 15(d)

IMPACT OF CHANGE IN ACCOUNTING PRINCIPLE ON CURRENT AND PRIOR PERIOD FINANCIAL STATEMENTS (Details)

v3.20.4
IMPACT OF CHANGE IN ACCOUNTING PRINCIPLE ON CURRENT AND PRIOR PERIOD FINANCIAL STATEMENTS (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement                      
Other income, net                 $ 150.2 $ 33.3 $ 25.9
Consolidated income before income taxes                 685.2 (413.8) 370.4
Provision for income taxes                 (159.0) 35.7 (53.4)
Consolidated net income (loss) $ 77.7 $ 229.3 $ 100.4 $ 118.8 $ 17.4 $ 85.2 $ 71.0 $ (551.7) 526.2 (378.1) 317.0
Net income attributable to Equifax $ 74.5 $ 228.5 $ 100.2 $ 116.9 $ 15.8 $ 83.8 $ 69.5 $ (553.2) $ 520.1 $ (384.1) $ 310.5
Net income (loss) attributable to Equifax (in dollars per share) $ 0.61 $ 1.88 $ 0.83 $ 0.96 $ 0.13 $ 0.69 $ 0.58 $ (4.58) $ 4.28 $ (3.18) $ 2.58
Net income (loss) attributable to Equifax (in dollars per share) $ 0.61 $ 1.86 $ 0.82 $ 0.95 $ 0.13 $ 0.69 $ 0.57 $ (4.55) $ 4.24 $ (3.15) $ 2.56
Statement of Comprehensive Income                      
Net income (loss) $ 77.7 $ 229.3 $ 100.4 $ 118.8 $ 17.4 $ 85.2 $ 71.0 $ (551.7) $ 526.2 $ (378.1) $ 317.0
Foreign currency translation adjustment                 185.2 (24.9) (218.9)
Change in unrecognized prior service cost and actuarial (losses) gains related to our pension and other postretirement benefit plans, net                 (1.1) 4.3 302.2
Change in cumulative gain from cash flow hedging transactions, net                 0.1 0.1 0.0
Comprehensive income                 710.4 (398.6) 400.3
Balance Sheet                      
Retained earnings 4,185.4       3,854.6       4,185.4 3,854.6  
Accumulated other comprehensive loss (171.4)       (354.4)       (171.4) (354.4) (334.5)
Statement of Cash Flows                      
Consolidated net income (loss) 77.7 229.3 100.4 118.8 17.4 85.2 71.0 (551.7) 526.2 (378.1) 317.0
Deferred income taxes                 66.5 (82.7) 1.3
Other assets, current and long-term                 35.8 (78.8) (15.4)
Current and long-term liabilities, excluding debt                 106.9 527.7 48.3
Cash provided by operating activities                 946.2 313.8 672.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance       2,622.9       3,155.6 2,622.9 3,155.6 3,239.0
Net income (loss) 77.7 229.3 100.4 118.8 17.4 85.2 71.0 (551.7) 526.2 (378.1) 317.0
Other comprehensive income (loss)                 184.2 (20.4) (212.3)
Ending Balance 3,210.3       2,622.9       3,210.3 2,622.9 3,155.6
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]                      
Foreign currency translation (168.4)       (352.4)       (168.4) (352.4) (328.1)
Foreign currency translation (168.5)               (168.5)   (328.0)
Unrecognized actuarial losses and prior service cost related to our pension and other postretirement benefit plans, net of accumulated tax (2.0)       (0.9)       (2.0) (0.9) (5.2)
Unrecognized actuarial losses and prior service cost related to our pension and other postretirement benefit plans, net of accumulated tax (1.9)               (1.9)    
Cash flow hedging transactions, net of tax (1.0)       (1.1)       (1.0) (1.1) (1.2)
Accumulated other comprehensive loss (171.4)       (354.4)       (171.4) (354.4) (334.5)
Accumulated other comprehensive loss                     (334.4)
Retained Earnings                      
Income Statement                      
Consolidated net income (loss)                 520.1 (384.1) 310.5
Statement of Comprehensive Income                      
Net income (loss)                 520.1 (384.1) 310.5
Statement of Cash Flows                      
Consolidated net income (loss)                 520.1 (384.1) 310.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance       3,854.6       4,425.9 3,854.6 4,425.9 4,600.6
Net income (loss)                 520.1 (384.1) 310.5
Ending Balance 4,185.4       3,854.6       4,185.4 3,854.6 4,425.9
Retained Earnings | Cumulative adjustment from change in accounting principle                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance               0.0   0.0 (298.4)
Ending Balance                     0.0
Accumulated Other Comprehensive Loss                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance       (354.4)       (334.5) (354.4) (334.5) (412.0)
Beginning Balance               (334.4)   (334.4)  
Other comprehensive income (loss)                 183.0 (19.9) (218.1)
Other comprehensive income (loss)                   (20.0) (218.0)
Ending Balance (171.4)       (354.4)       (171.4) (354.4) (334.5)
Ending Balance                     (334.4)
Accumulated Other Comprehensive Loss | Cumulative adjustment from change in accounting principle                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance               0.0   0.0 302.6
Ending Balance                     0.0
Equifax Shareholders                      
Income Statement                      
Consolidated net income (loss)                 520.1 (384.1) 310.5
Statement of Comprehensive Income                      
Net income (loss)                 520.1 (384.1) 310.5
Foreign currency translation adjustment                 184.0 (24.4) (224.7)
Change in unrecognized prior service cost and actuarial (losses) gains related to our pension and other postretirement benefit plans, net                 (1.1) 4.3 302.2
Change in cumulative gain from cash flow hedging transactions, net                 0.1 0.1 0.0
Comprehensive income                 703.1 (404.1) 388.0
Statement of Cash Flows                      
Consolidated net income (loss)                 520.1 (384.1) 310.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss)                 520.1 (384.1) 310.5
As Reported                      
Income Statement                      
Other income, net                 159.4 14.1 11.8
Consolidated income before income taxes                 694.4 (433.0) 356.3
Provision for income taxes                 (161.3) 40.2 (50.0)
Consolidated net income (loss) 97.7 225.0 96.1 114.5 10.8 82.5 68.3 (554.4) 533.1 (392.8) 306.3
Net income attributable to Equifax $ 94.5 $ 224.2 $ 95.9 $ 112.6 $ 9.2 $ 81.1 $ 66.8 $ (555.9) $ 527.0 $ (398.8) $ 299.8
Net income (loss) attributable to Equifax (in dollars per share) $ 0.77 $ 1.84 $ 0.79 $ 0.93 $ 0.08 $ 0.67 $ 0.55 $ (4.60) $ 4.34 $ (3.30) $ 2.49
Net income (loss) attributable to Equifax (in dollars per share) $ 0.77 $ 1.82 $ 0.78 $ 0.92 $ 0.07 $ 0.66 $ 0.55 $ (4.57) $ 4.30 $ (3.27) $ 2.47
Statement of Comprehensive Income                      
Net income (loss) $ 97.7 $ 225.0 $ 96.1 $ 114.5 $ 10.8 $ 82.5 $ 68.3 $ (554.4) $ 533.1 $ (392.8) $ 306.3
Balance Sheet                      
Retained earnings 4,469.5       4,131.8       4,469.5 4,131.8  
Accumulated other comprehensive loss (455.5)       (631.6)       (455.5) (631.6) (626.3)
Statement of Cash Flows                      
Consolidated net income (loss) 97.7 225.0 96.1 114.5 10.8 82.5 68.3 (554.4) 533.1 (392.8) 306.3
Deferred income taxes                 68.6 (87.2) (2.3)
Current and long-term liabilities, excluding debt                 97.9 546.9 62.6
Cash provided by operating activities                 946.2 313.8 672.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss) 97.7 225.0 96.1 114.5 10.8 82.5 68.3 (554.4) 533.1 (392.8) 306.3
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]                      
Foreign currency translation (168.5)       (352.4)       (168.5) (352.4) (328.0)
Unrecognized actuarial losses and prior service cost related to our pension and other postretirement benefit plans, net of accumulated tax (286.0)       (278.1)       (286.0) (278.1) (297.1)
Cash flow hedging transactions, net of tax (1.0)       (1.1)       (1.0) (1.1) (1.2)
Accumulated other comprehensive loss (455.5)       (631.6)       (455.5) (631.6) (626.3)
As Reported | Retained Earnings                      
Income Statement                      
Consolidated net income (loss)                 527.0 (398.8) 299.8
Statement of Comprehensive Income                      
Net income (loss)                 527.0 (398.8) 299.8
Statement of Cash Flows                      
Consolidated net income (loss)                 527.0 (398.8) 299.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance       4,131.8       4,717.8 4,131.8 4,717.8 4,600.6
Net income (loss)                 527.0 (398.8) 299.8
Ending Balance 4,469.5       4,131.8       4,469.5 4,131.8 4,717.8
As Reported | Retained Earnings | Cumulative adjustment from change in accounting principle                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance               0.0   0.0 4.2
Ending Balance                     0.0
As Reported | Accumulated Other Comprehensive Loss                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance       (631.6)       (626.3) (631.6) (626.3) (412.0)
Other comprehensive income (loss)                 176.1 (5.3) (207.3)
Ending Balance (455.5)       (631.6)       (455.5) (631.6) (626.3)
As Reported | Accumulated Other Comprehensive Loss | Cumulative adjustment from change in accounting principle                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance               0.0   0.0 0.0
Ending Balance                     0.0
As Reported | Equifax Shareholders                      
Income Statement                      
Consolidated net income (loss)                 527.0 (398.8) 299.8
Statement of Comprehensive Income                      
Net income (loss)                 527.0 (398.8) 299.8
Foreign currency translation adjustment                 184.0 (24.4) (224.7)
Change in unrecognized prior service cost and actuarial (losses) gains related to our pension and other postretirement benefit plans, net                 (8.0) 19.0 10.4
Change in cumulative gain from cash flow hedging transactions, net                 0.1 0.1 0.0
Comprehensive income                 703.1 (404.1) 85.5
Statement of Cash Flows                      
Consolidated net income (loss)                 527.0 (398.8) 299.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss)                 527.0 (398.8) 299.8
Revisions                      
Income Statement                      
Other income, net                 (9.2) 19.2 14.1
Consolidated income before income taxes                 (9.2) 19.2 14.1
Provision for income taxes                 2.3 (4.5) (3.4)
Consolidated net income (loss) (20.0) 4.3 4.3 4.3 6.6 2.7 2.7 2.7 (6.9) 14.7 10.7
Net income attributable to Equifax $ (20.0) $ 4.3 $ 4.3 $ 4.3 $ 6.6 $ 2.7 $ 2.7 $ 2.7 $ (6.9) $ 14.7 $ 10.7
Net income (loss) attributable to Equifax (in dollars per share) $ (0.16) $ 0.04 $ 0.04 $ 0.03 $ 0.05 $ 0.02 $ 0.03 $ 0.02 $ (0.06) $ 0.12 $ 0.09
Net income (loss) attributable to Equifax (in dollars per share) $ (0.16) $ 0.04 $ 0.04 $ 0.03 $ 0.06 $ 0.03 $ 0.02 $ 0.02 $ (0.06) $ 0.12 $ 0.09
Statement of Comprehensive Income                      
Net income (loss) $ (20.0) $ 4.3 $ 4.3 $ 4.3 $ 6.6 $ 2.7 $ 2.7 $ 2.7 $ (6.9) $ 14.7 $ 10.7
Balance Sheet                      
Retained earnings (284.1)       (277.2)       (284.1) (277.2)  
Accumulated other comprehensive loss 284.1       277.2       284.1 277.2 291.9
Statement of Cash Flows                      
Consolidated net income (loss) (20.0) 4.3 4.3 4.3 6.6 2.7 2.7 2.7 (6.9) 14.7 10.7
Deferred income taxes                 (2.1) 4.5 3.6
Current and long-term liabilities, excluding debt                 9.0 (19.2) (14.3)
Cash provided by operating activities                 0.0 0.0 0.0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance       (0.4)         (0.4)   4.2
Net income (loss) (20.0) $ 4.3 $ 4.3 4.3 6.6 $ 2.7 $ 2.7 2.7 (6.9) 14.7 10.7
Ending Balance         (0.4)         (0.4)  
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]                      
Foreign currency translation 0.0       0.0       0.0 0.0 0.0
Unrecognized actuarial losses and prior service cost related to our pension and other postretirement benefit plans, net of accumulated tax 284.1       277.2       284.1 277.2 291.9
Cash flow hedging transactions, net of tax 0.0       0.0       0.0 0.0 0.0
Accumulated other comprehensive loss 284.1       277.2       284.1 277.2 291.9
Revisions | Retained Earnings                      
Income Statement                      
Consolidated net income (loss)                 (6.9) 14.7 10.7
Statement of Comprehensive Income                      
Net income (loss)                 (6.9) 14.7 10.7
Statement of Cash Flows                      
Consolidated net income (loss)                 (6.9) 14.7 10.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance       (0.4)       (291.9) (0.4) (291.9) (298.4)
Beginning Balance       (277.2)         (277.2)   0.0
Net income (loss)                 (6.9) 14.7 10.7
Ending Balance (284.1)       (0.4)       (284.1) (0.4) (291.9)
Ending Balance         (277.2)         (277.2)  
Revisions | Retained Earnings | Cumulative adjustment from change in accounting principle                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance               0.0   0.0 (302.6)
Ending Balance                     0.0
Revisions | Accumulated Other Comprehensive Loss                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance       $ 277.2       291.9 277.2 291.9 302.6
Beginning Balance                     0.0
Other comprehensive income (loss)                 6.9 (14.7)  
Other comprehensive income (loss)                     (10.7)
Ending Balance $ 284.1       $ 277.2       284.1 277.2 291.9
Revisions | Accumulated Other Comprehensive Loss | Cumulative adjustment from change in accounting principle                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Beginning Balance               $ 0.0   0.0 302.6
Ending Balance                     0.0
Revisions | Equifax Shareholders                      
Income Statement                      
Consolidated net income (loss)                 (6.9) 14.7 10.7
Statement of Comprehensive Income                      
Net income (loss)                 (6.9) 14.7 10.7
Foreign currency translation adjustment                 0.0 0.0 0.0
Change in unrecognized prior service cost and actuarial (losses) gains related to our pension and other postretirement benefit plans, net                 6.9 (14.7) 291.8
Change in cumulative gain from cash flow hedging transactions, net                 0.0 0.0 0.0
Comprehensive income                 0.0 0.0 302.5
Statement of Cash Flows                      
Consolidated net income (loss)                 (6.9) 14.7 10.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net income (loss)                 $ (6.9) $ 14.7 $ 10.7