EQUIFAX INC
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
EFX$188.23-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at December 31, 202 and 2022
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| (In millions, except par values) | 2023 | 2022 |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $216.8 | $285.2 |
| Trade accounts receivable, net of allowance for doubtful accounts of $16.7 and $19.1 at December 31, 2023 and 2022, respectively | 908.2 | 857.7 |
| Prepaid expenses | 142.5 | 134.3 |
| Other current assets | 88.8 | 93.3 |
| Total current assets | 1,356.3 | 1,370.5 |
| Property and equipment: | ||
| Capitalized internal-use software and system costs | 2,541.0 | 2,139.1 |
| Data processing equipment and furniture | 247.9 | 281.4 |
| Land, buildings and improvements | 272.9 | 261.6 |
| Total property and equipment | 3,061.8 | 2,682.1 |
| Less accumulated depreciation and amortization | (1,227.8) | (1,095.1) |
| Total property and equipment, net | 1,834.0 | 1,587.0 |
| Goodwill | 6,829.9 | 6,383.9 |
| Indefinite-lived intangible assets | 94.8 | 94.8 |
| Purchased intangible assets, net | 1,858.8 | 1,818.5 |
| Other assets, net | 306.2 | 293.2 |
| Total assets | $12,280.0 | $11,547.9 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Short-term debt and current maturities of long-term debt | $963.4 | $967.2 |
| Accounts payable | 197.6 | 250.8 |
| Accrued expenses | 245.1 | 229.0 |
| Accrued salaries and bonuses | 168.7 | 138.7 |
| Deferred revenue | 109.5 | 132.9 |
| Other current liabilities | 334.7 | 296.6 |
| Total current liabilities | 2,019.0 | 2,015.2 |
| Long-term debt | 4,747.8 | 4,820.1 |
| Deferred income tax liabilities, net | 474.9 | 460.3 |
| Long-term pension and other postretirement benefit liabilities | 100.1 | 100.4 |
| Other long-term liabilities | 250.7 | 178.6 |
| Total liabilities | 7,592.5 | 7,574.6 |
| Commitments and Contingencies (see Note 6) | ||
| Redeemable noncontrolling interests | 135.1 | — |
| 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, 2023 and 2022; Outstanding shares - 123.3 and 122.5 at December 31, 2023 and 2022, respectively | 236.6 | 236.6 |
| Paid-in capital | 1,761.3 | 1,594.2 |
| Retained earnings | 5,608.6 | 5,256.0 |
| Accumulated other comprehensive loss | (431.2) | (473.7) |
| Treasury stock, at cost, 65.4 shares and 66.2 shares at December 31, 2023 and 2022, respectively | (2,635.3) | (2,650.7) |
| Stock held by employee benefits trusts, at cost, 0.6 shares at December 31, 2023 and 2022 | (5.9) | (5.9) |
| Total Equifax shareholders’ equity | 4,534.1 | 3,956.5 |
| Noncontrolling interests | 18.3 | 16.8 |
| Total shareholders’ equity | 4,552.4 | 3,973.3 |
| Total liabilities, redeemable noncontrolling interests, and shareholders' equity | $12,280.0 | $11,547.9 |
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