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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
74 EQUIFAX 2006 ANNUAL REPORT
Adoption of SFAS 158. As discussed in Note 1, SFAS 158, which is effective for us as of December 31, 2006, requires us to
recognize (1) the overfunded or underfunded status of our defi ned benefi t pension and other postretirement benefi t plans as
an asset or liability on our Consolidated Balance Sheet, and (2) changes in the funded status in the year in which the changes
occur through other comprehensive income, a component of shareholders’ equity. For a pension plan, the benefi t obligation is
the projected benefi t obligation; for any other postretirement plan, the benefi t obligation is the accumulated postretirement
benefi t obligation. The adoption of SFAS 158 had no impact on our Consolidated Statements of Income. The impact of
adopting SFAS 158 on certain line items of our Consolidated Balance Sheet as of December 31, 2006 were as follows:
Prior to Impact of
Adopting Adopting As Reported at
(In millions) SFAS 158 SFAS 158 December 31, 2006
Prepaid pension asset $ 201.9 $(154.2) $ 47.7
Other assets, net $ 59.7 $ (3.3) $ 56.4
Long-term deferred income tax liabilities, net* $ 134.6 $ (63.8) $ 70.8
Other current liabilities $ 65.8 $ (3.8) $ 62.0
Long-term pension and other postretirement benefi t liabilities $ 44.5 $ 20.8 $ 65.3
Accumulated other comprehensive loss $(121.5) $(110.7) $(232.2)
* Included in long-term deferred income tax liabilities, net on our Consolidated Balance Sheet are the long-term deferred income tax assets
related to our pension and other postretirement plans.
The following table represents the net amounts recognized, or the funded status of our pension and other postretirement
benefi t plans, in our Consolidated Balance Sheet at December 31, 2006 in accordance with SFAS 158:
(In millions) Pension Benefi ts Other Benefi ts
Amounts recognized in the statement of fi nancial position
consist of (subsequent to the adoption of SFAS 158):
Prepaid pension asset $ 47.7 $ –
Current liabilities (3.5) –
Long-term liabilities (47.7) (13.4)
Net amount recognized $ (3.5) $(13.4)
Included in accumulated other comprehensive loss at December 31, 2006, were the following amounts that have not yet
been recognized in net periodic pension cost:
(In millions) Pension Benefi ts Other Benefi ts
Prior service cost, net of accumulated taxes of $2.4 for pension benefi ts
and $1.3 for other benefi ts $ 4.3 $ 2.3
Net actuarial loss, net of accumulated taxes of $62.4 for pension benefi ts
and $2.2 for other benefi ts 108.1 3.7
Accumulated other comprehensive loss $112.4 $ 6.0