Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 765.9 $ 1,684.6
Trade accounts receivable, net of allowance for doubtful accounts of $11.8 and $12.9 at March 31, 2021 and December 31, 2020, respectively 708.8 630.6
Prepaid expenses 138.8 104.1
Other current assets 51.5 59.0
Total current assets 1,665.0 2,478.3
Property and equipment:    
Capitalized internal-use software and system costs 1,446.0 1,374.5
Data processing equipment and furniture 297.5 299.9
Land, buildings and improvements 245.4 239.1
Total property and equipment 1,988.9 1,913.5
Less accumulated depreciation and amortization (814.1) (774.1)
Total property and equipment, net 1,174.8 1,139.4
Goodwill 5,089.3 4,495.8
Indefinite-lived intangible assets 95.2 94.9
Purchased intangible assets, net 1,265.5 997.8
Other assets, net 379.6 405.6
Total assets 9,669.4 9,611.8
Current liabilities:    
Short-term debt and current maturities of long-term debt 1,100.6 1,101.1
Accounts payable 173.0 159.1
Accrued expenses 224.1 251.8
Accrued salaries and bonuses 111.2 250.3
Deferred revenue 117.1 108.3
Other current liabilities 615.7 612.5
Total current liabilities 2,341.7 2,483.1
Long-term debt 3,279.1 3,277.3
Deferred income tax liabilities, net 380.7 332.3
Long-term pension and other postretirement benefit liabilities 126.6 130.7
Other long-term liabilities 184.3 178.1
Total liabilities 6,312.4 6,401.5
Commitments and Contingencies (see Note 6)
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 March 31, 2021 and December 31, 2020; Outstanding shares - 121.7 and 121.8 at March 31, 2021 and December 31, 2020, respectively 236.6 236.6
Paid-in capital 1,489.5 1,470.7
Retained earnings 4,342.0 4,185.4
Accumulated other comprehensive loss (161.3) (171.4)
Treasury stock, at cost, 67.0 shares and 66.9 shares at March 31, 2021 and December 31, 2020, respectively (2,582.9) (2,547.0)
Stock held by employee benefit trusts, at cost, 0.6 shares at March 31, 2021 and December 31, 2020 (5.9) (5.9)
Total Equifax shareholders’ equity 3,318.0 3,168.4
Noncontrolling interests including redeemable noncontrolling interests 39.0 41.9
Total equity 3,357.0 3,210.3
Total liabilities and equity $ 9,669.4 $ 9,611.8