Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 189.0 $ 169.9
Trade accounts receivable, net of allowance for doubtful accounts of $18.8 and $16.9 at June 30, 2025 and December 31, 2024, respectively 1,038.9 957.6
Prepaid expenses 153.7 134.9
Other current assets 120.2 98.2
Total current assets 1,501.8 1,360.6
Property and equipment:    
Capitalized internal-use software and system costs 2,929.9 2,817.5
Data processing equipment and furniture 246.9 229.6
Land, buildings and improvements 286.2 285.0
Total property and equipment 3,463.0 3,332.1
Less accumulated depreciation and amortization (1,550.2) (1,440.2)
Total property and equipment, net 1,912.8 1,891.9
Noncurrent assets:    
Goodwill 6,655.2 6,547.8
Indefinite-lived intangible assets 94.8 94.7
Purchased intangible assets, net 1,425.5 1,521.0
Other assets, net 327.8 343.4
Total assets 11,917.9 11,759.4
Current liabilities:    
Short-term debt and current maturities of long-term debt 847.0 687.7
Accounts payable 172.1 138.2
Accrued expenses 269.7 251.1
Accrued salaries and bonuses 159.4 215.8
Deferred revenue 112.6 115.5
Other current liabilities 384.7 403.2
Total current liabilities 1,945.5 1,811.5
Noncurrent liabilities:    
Long-term debt 4,051.0 4,322.8
Deferred income tax liabilities, net 339.1 351.6
Long-term pension and other postretirement benefit liabilities 105.2 106.7
Other long-term liabilities 241.3 247.2
Total liabilities 6,682.1 6,839.8
Commitments and Contingencies (see Note 6)
Redeemable noncontrolling interests 116.1 105.2
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 June 30, 2025 and December 31, 2024; Outstanding shares - 123.8 and 124.0 at June 30, 2025 and December 31, 2024, respectively 236.6 236.6
Paid-in capital 1,975.3 1,915.2
Retained earnings 6,231.9 6,018.6
Accumulated other comprehensive loss (559.8) (722.7)
Treasury stock, at cost, 64.9 shares and 64.7 shares at June 30, 2025 and December 31, 2024, respectively (2,774.6) (2,644.9)
Stock held by employee benefits trusts, at cost, 0.6 shares at June 30, 2025 and December 31, 2024 (5.9) (5.9)
Total Equifax shareholders’ equity 5,103.5 4,796.9
Noncontrolling interests 16.2 17.5
Total shareholders' equity 5,119.7 4,814.4
Total liabilities, redeemable noncontrolling interests, and shareholders' equity $ 11,917.9 $ 11,759.4
Stock held by employee benefits trusts (in shares) 0.6 0.6