Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

v3.3.1.900
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 93.3 $ 128.3
Trade accounts receivable, net of allowance for doubtful accounts of $7.5 and $7.2 at December 31, 2015 and 2014, respectively 349.8 337.2
Prepaid expenses 39.3 35.7
Other current assets 79.2 89.3
Total current assets 561.6 590.5
Property and equipment:    
Capitalized internal-use software and system costs 212.5 257.3
Data processing equipment and furniture 247.8 203.3
Land, buildings and improvements 194.6 194.8
Total property and equipment 654.9 655.4
Less accumulated depreciation and amortization (288.1) (354.8)
Total property and equipment, net 366.8 300.6
Goodwill 2,571.0 2,606.8 [1]
Indefinite-lived intangible assets 94.7 95.2
Purchased intangible assets, net 827.9 953.9
Other assets, net 87.0 114.0
Total assets 4,509.0 4,661.0
Current liabilities:    
Short-term debt and current maturities 49.3 380.4
Accounts payable 40.6 20.3
Accrued expenses 112.7 85.5
Accrued salaries and bonuses 139.2 101.9
Deferred revenue 96.8 73.4
Other current liabilities 165.2 161.6
Total current liabilities 603.8 823.1
Long-term debt 1,145.9 1,145.7
Deferred income tax liabilities, net 205.5 228.3
Long-term pension and other postretirement benefit liabilities 146.4 173.0
Other long-term liabilities 57.0 56.3
Total liabilities $ 2,158.6 $ 2,426.4
Commitments and Contingencies (see Note 7)
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, 2015 and 2014; Outstanding shares - 118.7 and 119.4 at December 31, 2015 and 2014, respectively 236.6 236.6
Paid-in capital 1,260.5 1,201.7
Retained earnings 3,834.4 3,554.8
Accumulated other comprehensive loss (484.8) (435.4)
Treasury stock, at cost, 70.0 shares and 69.3 shares at December 31, 2015 and 2014, respectively (2,529.9) (2,351.7)
Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2015 and 2014 (5.9) (5.9)
Total Equifax shareholders' equity 2,310.9 2,200.1
Noncontrolling interests 39.5 34.5
Total equity 2,350.4 2,234.6
Total liabilities and equity $ 4,509.0 $ 4,661.0
[1] (1)The December 31, 2014 and 2013 balances have been recast to reflect the new organizational structure. As of December 31, 2014, the Personal Solutions goodwill includes $49.3 million and $88.8 million of goodwill from the USIS and International segments, respectively. As of December 31, 2013, the Personal Solutions goodwill includes $49.3 million and $93.8 million of goodwill from the USIS and International segments, respectively.