Equifax 2015 Annual Report Download - page 69

Download and view the complete annual report

Please find page 69 of the 2015 Equifax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 88

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88

– 68 –
million, respectively, at December 31, 2015. The projected benefit obligation, accumulated benefit obligation and fair value of
plan assets for the CRIP were $49.6 million, $42.7 million and $44.3 million, respectively, at December 31, 2015.
At December 31, 2014, the USRIP and Supplemental Retirement Plans had projected benefit obligations and
accumulated benefit obligations in excess of those plans’ respective assets. The projected benefit obligation, accumulated
benefit obligation and fair value of plan assets for these plans in the aggregate were $679.5 million, $676.8 million and $515.6
million, respectively, at December 31, 2014. The projected benefit obligation, accumulated benefit obligation and fair value of
plan assets for the CRIP were $59.6 million, $51.0 million and $54.5 million, respectively, at December 31, 2014.
The following table represents the net amounts recognized, or the funded status of our pension and other
postretirement benefit plans, in our Consolidated Balance Sheets at December 31, 2015 and 2014:
Pension Benefits Other Benefits
2015 2014 2015 2014
(Inmillions)
Amounts recognized in the statements of financial
position consist of:
Noncurrent assets $$ $1.5 $ 4.2
Current liabilities (4.2)(4.0) (0.2)(0.2)
Long-term liabilities (139.6)(165.0) (2.0)(2.6)
Net amount recognized $(143.8)$ (169.0) $(0.7)$ 1.4
Included in accumulated other comprehensive loss at December 31, 2015 and 2014, were the following amounts that
have not yet been recognized in net periodic pension cost:
Pension Benefits Other Benefits
2015 2014 2015 2014
(Inmillions)
Prior service cost, net of accumulated taxes of $3.6 and
$4.0 in 2015 and 2014, respectively, for pension
benefits and $(1.6) and $(2.1) in 2015 and 2014,
respectively, for other benefits $6.1 $6.6 $(2.8)$(3.5)
Net actuarial loss, net of accumulated taxes of $132.6
and $145.5 in 2015 and 2014, respectively, for
pension benefits and $3.6 and $2.7 in 2015 and 2014,
respectively, for other benefits 236.4 255.7 6.1 4.5
Accumulated other comprehensive loss $242.5 $ 262.3 $3.3 $ 1.0
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
85
CONTENTS