Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 468.2 $ 216.8
Trade accounts receivable, net of allowance for doubtful accounts of $17.1 and $16.7 at September 30, 2024 and December 31, 2023, respectively 953.6 908.2
Prepaid expenses 133.7 142.5
Other current assets 97.6 88.8
Total current assets 1,653.1 1,356.3
Property and equipment:    
Capitalized internal-use software and system costs 2,789.7 2,541.0
Data processing equipment and furniture 257.4 247.9
Land, buildings and improvements 285.9 272.9
Total property and equipment 3,333.0 3,061.8
Less accumulated depreciation and amortization (1,417.1) (1,227.8)
Total property and equipment, net 1,915.9 1,834.0
Goodwill 6,730.0 6,829.9
Indefinite-lived intangible assets 94.8 94.8
Purchased intangible assets, net 1,632.1 1,858.8
Other assets, net 318.4 306.2
Total assets 12,344.3 12,280.0
Current liabilities:    
Short-term debt and current maturities of long-term debt 750.5 963.4
Accounts payable 152.8 197.6
Accrued expenses 263.0 245.1
Accrued salaries and bonuses 206.1 168.7
Deferred revenue 111.7 109.5
Other current liabilities 390.3 334.7
Total current liabilities 1,874.4 2,019.0
Long-term debt 4,721.1 4,747.8
Deferred income tax liabilities, net 342.5 474.9
Long-term pension and other postretirement benefit liabilities 95.2 100.1
Other long-term liabilities 264.5 250.7
Total liabilities 7,297.7 7,592.5
Commitments and Contingencies (see Note 6)
Redeemable noncontrolling interests 120.5 135.1
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, 2024 and December 31, 2023; Outstanding shares - 123.9 and 123.3 at September 30, 2024 and December 31, 2023, respectively 236.6 236.6
Paid-in capital 1,897.1 1,761.3
Retained earnings 5,893.2 5,608.6
Accumulated other comprehensive loss (465.1) (431.2)
Treasury stock, at cost, 64.8 shares and 65.4 shares at September 30, 2024 and December 31, 2023, respectively (2,646.9) (2,635.3)
Stock held by employee benefits trusts, at cost, 0.6 shares at September 30, 2024 and December 31, 2023 (5.9) (5.9)
Total Equifax shareholders’ equity 4,909.0 4,534.1
Noncontrolling interests 17.1 18.3
Total shareholders' equity 4,926.1 4,552.4
Total liabilities, redeemable noncontrolling interests, and shareholders' equity $ 12,344.3 $ 12,280.0