Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 216.8 $ 285.2
Trade accounts receivable, net of allowance for doubtful accounts of $16.7 and $19.1 at December 31, 2023 and 2022, respectively 908.2 857.7
Prepaid expenses 142.5 134.3
Other current assets 88.8 93.3
Total current assets 1,356.3 1,370.5
Property and equipment:    
Capitalized internal-use software and system costs 2,541.0 2,139.1
Data processing equipment and furniture 247.9 281.4
Land, buildings and improvements 272.9 261.6
Total property and equipment 3,061.8 2,682.1
Less accumulated depreciation and amortization (1,227.8) (1,095.1)
Total property and equipment, net 1,834.0 1,587.0
Goodwill 6,829.9 6,383.9
Indefinite-lived intangible assets 94.8 94.8
Purchased intangible assets, net 1,858.8 1,818.5
Other assets, net 306.2 293.2
Total assets 12,280.0 11,547.9
Current liabilities:    
Short-term debt and current maturities of long-term debt 963.4 967.2
Accounts payable 197.6 250.8
Accrued expenses 245.1 229.0
Accrued salaries and bonuses 168.7 138.7
Deferred revenue 109.5 132.9
Other current liabilities 334.7 296.6
Total current liabilities 2,019.0 2,015.2
Long-term debt 4,747.8 4,820.1
Deferred income tax liabilities, net 474.9 460.3
Long-term pension and other postretirement benefit liabilities 100.1 100.4
Other long-term liabilities 250.7 178.6
Total liabilities 7,592.5 7,574.6
Commitments and Contingencies (see Note 6)
Redeemable noncontrolling interests 135.1 0.0
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, 2023 and 2022;   Outstanding shares - 123.3 and 122.5 at December 31, 2023 and 2022, respectively 236.6 236.6
Paid-in capital 1,761.3 1,594.2
Retained earnings 5,608.6 5,256.0
Accumulated other comprehensive loss (431.2) (473.7)
Treasury stock, at cost, 65.4 shares and 66.2 shares at December 31, 2023 and 2022,     respectively (2,635.3) (2,650.7)
Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2023 and 2022 (5.9) (5.9)
Total Equifax shareholders’ equity 4,534.1 3,956.5
Noncontrolling interests 18.3 16.8
Total shareholders’ equity 4,552.4 3,973.3
Total liabilities, redeemable noncontrolling interests, and shareholders' equity $ 12,280.0 $ 11,547.9