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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
80 EQUIFAX | 2007 ANNUAL REPORT
Reportable Segments. Effective with our organizational realignment
on January 1, 2007 and the acquisition of TALX on May 15, 2007,
we manage our business and report our fi nancial results through
the following fi ve reportable segments, which are the same as our
operating segments:
• U.S. Consumer Information Solutions
• TALX
• International
• North America Personal Solutions
• North America Commercial Solutions
The accounting policies of the reportable segments are the same
as those described in our summary of signifi cant accounting policies
(see Note 1). We evaluate the performance of these reportable
segments based on their operating revenues, operating income and
operating margins, excluding any unusual or infrequent items, if
any. Inter-segment sales and transfers are not material for all periods
presented. The measurement criteria for segment profi t or loss
and segment assets are substantially the same for each reportable
segment. All transactions between segments are accounted for at
cost, and no timing differences occur between segments.
A summary of segment products and services under our new
organizational structure is as follows:
U.S. Consumer Information Solutions. This segment includes
consumer information services (such as credit information and
credit scoring, credit modeling services, locate services, fraud
detection and prevention services, identity verifi cation services
and other consulting services); mortgage loan origination information
services; credit card marketing services; and consumer demographic
and lifestyle information services.
TALX. This segment includes employment and income verifi cation
services (known as The Work Number) and employment tax and
talent management services.
International. This segment includes information services products,
which includes consumer and commercial services (such as credit
and fi nancial information, credit scoring and credit modeling
services), credit marketing products and services, and products
and services sold directly to consumers.
North America Personal Solutions. This segment includes credit
information, credit monitoring and identity theft protection
products sold directly to consumers via the Internet and in various
hard-copy formats.
North America Commercial Solutions. This segment includes
commercial products and services such as business credit and
demographic information, credit scores and portfolio analytics
(decisioning tools), which are derived from our databases of
business credit and fi nancial information.
Segment information for the twelve months ended December 31,
2007, 2006 and 2005 and as of December 31, 2007 and 2006 is
as follows:
Twelve Months Ended
December 31,
(In millions)
2007 2006 2005
Operating revenue:
U.S. Consumer
Information Solutions $ 969.7 $ 968.1 $ 933.3
International 472.8 402.8 358.3
North America Personal Solutions 153.5 126.0 114.7
North America Commercial Solutions 67.6 49.4 37.1
TALX 179.4 – –
Total operating revenue $1,843.0 $1,546.3 $1,443.4
Twelve Months Ended
December 31,
(In millions)
2007 2006 2005
Operating income:
U.S. Consumer
Information Solutions $ 383.5 $ 395.7 $392.2
International 141.1 118.1 100.8
North America Personal Solutions 34.0 13.6 13.5
North America Commercial Solutions 12.0 9.9 4.4
TALX 29.3 – –
General Corporate Expense (113.7) (101.2) (88.9)
Total operating income $ 486.2 $ 436.1 $422.0
Twelve Months Ended
December 31,
(In millions)
2007 2006 2005
Operating revenue:
Online Consumer
Information Solutions $ 639.0 $ 619.2 $ 594.5
Mortgage Reporting Solutions 66.1 71.7 85.1
Credit Marketing Services 156.4 166.3 150.7
Direct Marketing Services 108.2 110.9 103.0
Total U.S. Consumer
Information Solutions 969.7 968.1 933.3
Europe 183.8 153.6 142.0
Latin America 182.5 154.0 126.7
Canada Consumer 106.5 95.2 89.6
Total International 472.8 402.8 358.3
North America Personal Solutions 153.5 126.0 114.7
North America Commercial Solutions 67.6 49.4 37.1
The Work Number 72.6 – –
Tax and Talent Management Services 106.8 – –
Total TALX 179.4 – –
Total operating revenue $1,843.0 $1,546.3 $1,443.4