Equifax 2015 Annual Report Download - page 41

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– 40 –
CONSOLIDATED BALANCE SHEETS AT DECEMBER 31, 2015 AND 2014
CONSOLIDATED BALANCE SHEETS
December 31,
2015 2014
(Inmillions,exceptparvalues)
ASSETS
Current assets:
Cash and cash equivalents
$ 93.3
$ 128.3
Trade accounts receivable, net of allowance for doubtful accounts of $7.5 and $7.2 at
December 31, 2015 and 2014, respectively
349.8 337.2
Prepaid expenses
39.3
35.7
Other current assets
79.2
89.3
Total current assets
561.6
590.5
Property and equipment:
Capitalized internal-use software and system costs
212.5
257.3
Data processing equipment and furniture
247.8
203.3
Land, buildings and improvements
194.6
194.8
Total property and equipment
654.9
655.4
Less accumulated depreciation and amortization
(288.1)
(354.8)
Total property and equipment, net
366.8
300.6
Goodwill
2,571.0
2,606.8
Indefinite-lived intangible assets
94.7
95.2
Purchased intangible assets, net
827.9
953.9
Other assets, net
87.0
114.0
Total assets
$ 4,509.0
$ 4,661.0
LIABILITIES AND EQUITY
Current liabilities:
Short-term debt and current maturities
$ 49.3
$ 380.4
Accounts payable
40.6
20.3
Accrued expenses
112.7
85.5
Accrued salaries and bonuses
139.2
101.9
Deferred revenue
96.8
73.4
Other current liabilities
165.2
161.6
Total current liabilities
603.8
823.1
Long-term debt
1,145.9
1,145.7
Deferred income tax liabilities, net
205.5
228.3
Long-term pension and other postretirement benefit liabilities
146.4
173.0
Other long-term liabilities
57.0
56.3
Total liabilities
2,158.6
2,426.4
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, 2015 and 2014;
Outstanding shares - 118.7 and 119.4 at December 31, 2015 and 2014, respectively 236.6 236.6
Paid-in capital
1,260.5
1,201.7
Retained earnings
3,834.4
3,554.8
Accumulated other comprehensive loss
(484.8)
(435.4)
Treasury stock, at cost, 70.0 shares and 69.3 shares at December 31, 2015 and 2014,
respectively
(2,529.9)(2,351.7)
Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2015 and 2014
(5.9)
(5.9)
Total Equifax shareholders' equity
2,310.9
2,200.1
Noncontrolling interests
39.5
34.5
Total equity
2,350.4
2,234.6
Total liabilities and equity
$ 4,509.0
$ 4,661.0
See Notes to Consolidated Financial Statements.
57
CONTENTS