Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Consolidated net income $ 155.4 $ 102.4
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Depreciation and amortization 72.1 56.8
Stock-based compensation expense 18.7 16.3
Excess tax benefits from stock-based compensation plans 0.0 (10.9)
Deferred income taxes (2.6) 1.1
Changes in assets and liabilities, excluding effects of acquisitions:    
Accounts receivable, net (22.7) (45.4)
Other assets, current and long-term (29.2) 17.0
Current and long term liabilities, excluding debt (88.0) (29.2)
Cash provided by operating activities 103.7 108.1
Investing activities:    
Capital expenditures (50.3) (40.2)
Acquisitions, net of cash acquired (7.3) (1,727.8)
Economic hedges 0.0 (10.8)
Cash received from sale of asset 8.6 0.0
Cash used in investing activities (49.0) (1,778.8)
Financing activities:    
Net short-term borrowings 46.4 900.1
Payments on long-term debt (50.0) (10.0)
Borrowings on long-term debt 0.0 800.0
Dividends paid to Equifax shareholders (46.9) (39.2)
Dividends paid to noncontrolling interests (1.9) (1.7)
Proceeds from exercise of stock options 9.4 4.1
Payment of taxes related to settlement of equity awards (20.3) (17.8)
Excess tax benefits from stock-based compensation plans 0.0 10.9
Cash (used in) provided by financing activities (63.3) 1,646.4
Effect of foreign currency exchange rates on cash and cash equivalents 2.5 27.8
(Decrease) increase in cash and cash equivalents (6.1) 3.5
Cash and cash equivalents, beginning of period 129.3 93.3
Cash and cash equivalents, end of period $ 123.2 $ 96.8