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39
Equifax 2012 Annual Report
CONSOLIDATED BALANCE SHEETS
December 31,
(In millions, except par values) 2012 2011
ASSETS
Current assets:
Cash and cash equivalents $ 146.8 $ 127.7
Trade accounts receivable, net of allowance for doubtful accounts of $6.3 and $5.9 at December 31, 2012 and
2011, respectively 317.0 284.4
Prepaid expenses 26.2 24.6
Other current assets 39.7 20.2
Total current assets 529.7 456.9
Property and equipment:
Capitalized internal-use software and system costs 369.9 332.2
Data processing equipment and furniture 198.4 183.1
Land, buildings and improvements 177.0 178.4
Total property and equipment 745.3 693.7
Less accumulated depreciation and amortization (461.6) (400.8)
Total property and equipment, net 283.7 292.9
Goodwill 2,290.4 1,961.2
Indefinite-lived intangible assets 254.5 95.6
Purchased intangible assets, net 987.7 550.2
Other assets, net 165.1 161.9
Total assets $ 4,511.1 $ 3,518.7
LIABILITIES AND EQUITY
Current liabilities:
Short-term debt and current maturities $ 283.3 $ 47.2
Accounts payable 25.1 27.5
Accrued expenses 84.9 56.3
Accrued salaries and bonuses 104.7 79.2
Deferred revenue 57.9 55.8
Other current liabilities 90.6 98.9
Total current liabilities 646.5 364.9
Long-term debt 1,447.4 966.0
Deferred income tax liabilities, net 227.7 235.9
Long-term pension and other postretirement benefit liabilities 176.3 176.4
Other long-term liabilities 54.0 53.4
Total liabilities 2,551.9 1,796.6
Commitments and Contingencies (see Note 7)
Equifax shareholders’ equity:
Preferred stock, $0.01 par value: Authorized shares — 10.0; Issued shares — none ——
Common stock, $1.25 par value: Authorized shares — 300.0; Issued shares — 189.3 at December 31, 2012
and 2011; Outstanding shares — 120.4 and 119.6 at December 31, 2012 and 2011, respectively 236.6 236.6
Paid-in capital 1,139.6 1,118.0
Retained earnings 3,064.6 2,879.2
Accumulated other comprehensive loss (362.0) (391.8)
Treasury stock, at cost, 68.3 shares and 69.1 shares at December 31, 2012 and 2011, respectively (2,139.7) (2,133.7)
Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2012 and 2011 (5.9) (5.9)
Total Equifax shareholders’ equity 1,933.2 1,702.4
Noncontrolling interests 26.0 19.7
Total equity 1,959.2 1,722.1
Total liabilities and equity $ 4,511.1 $ 3,518.7
See Notes to Consolidated Financial Statements.