Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,535.6 $ 401.3
Trade accounts receivable, net of allowance for doubtful accounts of $15.8 and $11.2 at September 30, 2020 and December 31, 2019, respectively 605.9 532.1
Prepaid expenses 123.3 88.1
Other current assets 46.8 187.9
Total current assets 2,311.6 1,209.4
Property and equipment:    
Capitalized internal-use software and system costs 1,254.3 979.4
Data processing equipment and furniture 329.5 325.1
Land, buildings and improvements 235.9 236.3
Total property and equipment 1,819.7 1,540.8
Less accumulated depreciation and amortization (749.1) (593.2)
Total property and equipment, net 1,070.6 947.6
Goodwill 4,366.0 4,308.3
Indefinite-lived intangible assets 94.8 94.9
Purchased intangible assets, net 1,001.4 1,044.6
Other assets, net 405.4 304.2
Total assets 9,249.8 7,909.0
Current liabilities:    
Short-term debt and current maturities of long-term debt 1,102.1 3.1
Accounts payable 159.5 148.3
Accrued expenses 186.4 163.5
Accrued salaries and bonuses 207.1 156.1
Deferred revenue 103.5 104.0
Other current liabilities 632.4 784.1
Total current liabilities 2,391.0 1,359.1
Long-term debt 3,275.3 3,379.5
Deferred income tax liabilities, net 339.9 248.0
Long-term pension and other postretirement benefit liabilities 106.1 118.9
Other long-term liabilities 170.7 180.6
Total liabilities 6,283.0 5,286.1
Commitments and Contingencies (see Note 5)
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 September 30, 2020 and December 31, 2019; Outstanding shares - 121.6 and 121.2 at September 30, 2020 and December 31, 2019, respectively 236.6 236.6
Paid-in capital 1,454.1 1,405.1
Retained earnings 4,423.1 4,131.8
Accumulated other comprehensive loss (628.5) (631.6)
Treasury stock, at cost, 67.1 shares and 67.5 shares at September 30, 2020 and December 31, 2019, respectively (2,550.4) (2,557.4)
Stock held by employee benefit trusts, at cost, 0.6 shares at September 30, 2020 and December 31, 2019 (5.9) (5.9)
Total Equifax shareholders’ equity 2,929.0 2,578.6
Noncontrolling interests including redeemable noncontrolling interests 37.8 44.3
Total equity 2,966.8 2,622.9
Total liabilities and equity $ 9,249.8 $ 7,909.0