Annual report pursuant to Section 13 and 15(d)

REVENUE (Tables)

v3.10.0.1
REVENUE (Tables)
 12 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
The effect of the adoption on key financial statement line items for the twelve months ended December 31, 2018 and as of December 31, 2018 is as follows:
 
 
Twelve Months Ended 
 December 31, 2018
 
Change
Income Statement
 
Prior to ASU 2014-09 adoption
 
As reported under ASU 2014-09
 
$
 
%
 
 
(In millions, except per share data)
 
 
Operating revenue
 
$
3,410.3

 
$
3,412.1

 
$
1.8

 
—
%
Consolidated income from operations before income taxes
 
$
354.5

 
$
356.3

 
$
1.8

 
1
%
Consolidated net income
 
$
304.9

 
$
306.3

 
$
1.4

 
—
%
Net income attributable to Equifax
 
$
298.4

 
$
299.8

 
$
1.4

 
—
%
Basic earnings per common share:
 
 
 
 
 
 
 
 
Net income attributable to Equifax
 
$
2.48

 
$
2.49

 
$
0.01

 
—
%
Diluted earnings per common share:
 
 
 
 
 
 
 
 
Net income attributable to Equifax
 
$
2.46

 
$
2.47

 
$
0.01

 
—
%

 
 
December 31, 2018
 
Change
Balance Sheet
 
Prior to ASU 2014-09 adoption
 
As reported under ASU 2014-09
 
$
 
%
 
 
(In millions)
 
 
Other current assets
 
$
109.4

 
$
109.6

 
$
0.2

 
—
%
Other assets, net
 
$
155.3

 
$
162.4

 
$
7.1

 
5
%
Total assets
 
$
7,145.9

 
$
7,153.2

 
$
7.3

 
—
%
Deferred income tax liabilities, net
 
$
314.5

 
$
316.2

 
$
1.7

 
1
%
Total liabilities
 
$
3,995.8

 
$
3,997.5

 
$
1.7

 
—
%
Retained earnings
 
$
4,712.2

 
$
4,717.8

 
$
5.6

 
—
%
Total shareholders’ equity
 
$
3,150.1

 
$
3,155.7

 
$
5.6

 
—
%
Total liabilities and equity
 
$
7,145.9

 
$
7,153.2

 
$
7.3

 
—
%
Disaggregation of Revenue
Based on the information management reviews internally for evaluating operating segment performance and nature, amount, timing, and uncertainty of revenue and cash flows affected by economic factors, we disaggregate revenue as follows:
 
 
Twelve Months Ended
December 31,
 
Change
 
Change
 
 
 
 
 
 
 
 
2018
 
2017
 
2017
 
2016
Consolidated Operating Revenue
 
2018
 
2017
 
2016
 
$
 
%
 
$
 
%
 
 
(In millions)
Online Information Solutions
 
$
877.5

 
$
889.6

 
$
879.3

 
$
(12.1
)
 
(1
)%
 
$
10.3

 
1
 %
Mortgage Solutions
 
153.6

 
148.9

 
$
142.2

 
$
4.7

 
3
 %
 
$
6.7

 
5
 %
Financial Marketing Services
 
216.2

 
224.2

 
$
215.0

 
$
(8.0
)
 
(4
)%
 
$
9.2

 
4
 %
Total U.S. Information Solutions
 
1,247.3

 
1,262.7

 
$
1,236.5

 
$
(15.4
)
 
(1
)%
 
$
26.2

 
2
 %
Asia Pacific
 
325.6

 
308.9

 
$
244.2

 
$
16.7

 
5
 %
 
$
64.7

 
26
 %
Europe
 
287.3

 
273.8

 
$
253.6

 
$
13.5

 
5
 %
 
$
20.2

 
8
 %
Latin America
 
206.6

 
213.6

 
$
183.9

 
$
(7.0
)
 
(3
)%
 
$
29.7

 
16
 %
Canada
 
146.7

 
136.0

 
$
121.9

 
$
10.7

 
8
 %
 
$
14.1

 
12
 %
Total International
 
966.2

 
932.3

 
$
803.6

 
$
33.9

 
4
 %
 
$
128.7

 
16
 %
Verification Services
 
567.0

 
501.5

 
$
437.3

 
$
65.5

 
13
 %
 
$
64.2

 
15
 %
Employer Services
 
259.8

 
262.7

 
$
264.9

 
$
(2.9
)
 
(1
)%
 
$
(2.2
)
 
(1
)%
Total Workforce Solutions
 
826.8

 
764.2

 
$
702.2

 
$
62.6

 
8
 %
 
$
62.0

 
9
 %
Global Consumer Solutions
 
371.8

 
403.0

 
$
402.6

 
$
(31.2
)
 
(8
)%
 
$
0.4

 
—
 %
Total operating revenue
 
$
3,412.1

 
$
3,362.2

 
$
3,144.9

 
$
49.9

 
1
 %
 
$
217.3

 
7
 %