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REVENUE (Tables) | 6 Months Ended
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Jun. 30, 2018
Revenue Recognition and Deferred Revenue [Abstract] |
Impact of ASU 2014-09 | The effect of the adoption on key financial statement line items for the three and six months ended June 30, 2018 is as follows:
|  | Three Months Ended June 30, 2018 | Change
Income Statement |  | Prior to ASU 2014-09 adoption |  | As reported under ASU 2014-09 |  | $ |  | %
|  | (In millions, except per share data)
Operating revenue |  | $ | 876.5 |  |  | $ | 876.9 |  |  | $ | 0.4 |  |  | — | %
Consolidated income from operations before income taxes |  | $ | 169.0 |  |  | $ | 169.4 |  |  | $ | 0.4 |  |  | — | %
Consolidated net income |  | $ | 145.8 |  |  | $ | 146.1 |  |  | $ | 0.3 |  |  | — | %
Net income attributable to Equifax |  | $ | 144.5 |  |  | $ | 144.8 |  |  | $ | 0.3 |  |  | — | %
Basic earnings per common share: |  |  |  |  |  |  |  |
Net income attributable to Equifax |  | $ | 1.20 |  |  | $ | 1.20 |  |  | $ | — |  |  | — | %
Diluted earnings per common share: |  |  |  |  |  |  |  |
Net income attributable to Equifax |  | $ | 1.19 |  |  | $ | 1.19 |  |  | $ | — |  |  | — | %
|  | Six Months Ended June 30, 2018 | Change
Income Statement |  | Prior to ASU 2014-09 adoption |  | As reported under ASU 2014-09 |  | $ |  | %
|  | (In millions, except per share data)
Operating revenue |  | $ | 1,741.6 |  |  | $ | 1,742.6 |  |  | $ | 1.0 |  |  | — | %
Consolidated income from operations before income taxes |  | $ | 291.6 |  |  | $ | 292.6 |  |  | $ | 1.0 |  |  | — | %
Consolidated net income |  | $ | 239.3 |  |  | $ | 240.0 |  |  | $ | 0.7 |  |  | — | %
Net income attributable to Equifax |  | $ | 235.1 |  |  | $ | 235.8 |  |  | $ | 0.7 |  |  | — | %
Basic earnings per common share: |  |  |  |  |  |  |  |
Net income attributable to Equifax |  | $ | 1.95 |  |  | $ | 1.96 |  |  | $ | 0.01 |  |  | 1 | %
Diluted earnings per common share: |  |  |  |  |  |  |  |
Net income attributable to Equifax |  | $ | 1.94 |  |  | $ | 1.94 |  |  | $ | — |  |  | — | %
|  | June 30, 2018 | Change
Balance Sheet |  | Prior to ASU 2014-09 adoption |  | As reported under ASU 2014-09 |  | $ |  | %
|  | (In millions)
Other current assets |  | $ | 60.0 |  |  | $ | 60.2 |  |  | $ | 0.2 |  |  | — | %
Other assets, net |  | $ | 139.8 |  |  | $ | 146.0 |  |  | $ | 6.2 |  |  | 4 | %
Total assets |  | $ | 7,110.5 |  |  | $ | 7,116.9 |  |  | $ | 6.4 |  |  | — | %
Deferred income tax liabilities, net |  | $ | 291.8 |  |  | $ | 293.2 |  |  | $ | 1.4 |  |  | — | %
Total liabilities |  | $ | 3,835.8 |  |  | $ | 3,837.2 |  |  | $ | 1.4 |  |  | — | %
Retained earnings |  | $ | 4,743.3 |  |  | $ | 4,748.3 |  |  | $ | 5.0 |  |  | — | %
Total equity |  | $ | 3,274.7 |  |  | $ | 3,279.7 |  |  | $ | 5.0 |  |  | — | %
Total liabilities and equity |  | $ | 7,110.5 |  |  | $ | 7,116.9 |  |  | $ | 6.4 |  |  | — | %
Disaggregation of Revenue | Based on the information management reviews internally for evaluating operating segment performance and nature, amount, timing, and uncertainty of revenue and cash flows affected by economic factors, we disaggregate revenue as follows:
|  | Three Months Ended June 30, | Change |  | Six Months Ended June 30, | Change
Consolidated Operating Revenue |  | 2018 |  | 2017 |  | $ |  | % |  | 2018 |  | 2017 |  | $ |  | %
|  | (In millions)
Online Information Solutions |  | $ | 224.1 |  |  | $ | 232.6 |  |  | $ | (8.5 | ) |  | (4 | )% |  | $ | 443.8 |  |  | $ | 457.7 |  |  | $ | (13.9 | ) |  | (3 | )%
Mortgage Solutions |  | 45.5 |  |  | 38.6 |  |  | $ | 6.9 |  |  | 18 | % |  | 87.2 |  |  | 77.3 |  |  | $ | 9.9 |  |  | 13 | %
Financial Marketing Services |  | 55.0 |  |  | 60.7 |  |  | $ | (5.7 | ) |  | (9 | )% |  | 100.5 |  |  | 107.0 |  |  | $ | (6.5 | ) |  | (6 | )%
Total U.S. Information Solutions |  | 324.6 |  |  | 331.9 |  |  | $ | (7.3 | ) |  | (2 | )% |  | 631.5 |  |  | 642.0 |  |  | $ | (10.5 | ) |  | (2 | )%
Asia Pacific |  | 86.1 |  |  | 76.5 |  |  | $ | 9.6 |  |  | 12 | % |  | 168.5 |  |  | 148.5 |  |  | $ | 20.0 |  |  | 13 | %
Europe |  | 72.3 |  |  | 68.5 |  |  | $ | 3.8 |  |  | 6 | % |  | 143.0 |  |  | 130.2 |  |  | $ | 12.8 |  |  | 10 | %
Latin America |  | 54.2 |  |  | 52.9 |  |  | $ | 1.3 |  |  | 2 | % |  | 110.1 |  |  | 104.0 |  |  | $ | 6.1 |  |  | 6 | %
Canada |  | 37.7 |  |  | 33.5 |  |  | $ | 4.2 |  |  | 13 | % |  | 73.2 |  |  | 65.0 |  |  | $ | 8.2 |  |  | 13 | %
Total International |  | 250.3 |  |  | 231.4 |  |  | $ | 18.9 |  |  | 8 | % |  | 494.8 |  |  | 447.7 |  |  | $ | 47.1 |  |  | 11 | %
Verification Services |  | 149.3 |  |  | 130.3 |  |  | $ | 19.0 |  |  | 15 | % |  | 277.7 |  |  | 245.4 |  |  | $ | 32.3 |  |  | 13 | %
Employer Services |  | 58.3 |  |  | 64.2 |  |  | $ | (5.9 | ) |  | (9 | )% |  | 141.0 |  |  | 149.1 |  |  | $ | (8.1 | ) |  | (5 | )%
Total Workforce Solutions |  | 207.6 |  |  | 194.5 |  |  | $ | 13.1 |  |  | 7 | % |  | 418.7 |  |  | 394.5 |  |  | $ | 24.2 |  |  | 6 | %
Global Consumer Solutions |  | 94.4 |  |  | 98.9 |  |  | $ | (4.5 | ) |  | (5 | )% |  | 197.6 |  |  | 204.8 |  |  | $ | (7.2 | ) |  | (4 | )%
Total operating revenue |  | $ | 876.9 |  |  | $ | 856.7 |  |  | $ | 20.2 |  |  | 2 | % |  | $ | 1,742.6 |  |  | $ | 1,689.0 |  |  | $ | 53.6 |  |  | 3 | %
Remaining Performance Obligation | We expect to recognize as revenue the following amounts related to our remaining performance obligations as of June 30, 2018 inclusive of foreign exchange impact:
Performance Obligation |  | Balance
|  | (In millions)
Less than 1 year |  | $ | 51.1 |
1 to 3 years |  | 69.2 |
3 to 5 years |  | 32.0 |
Thereafter |  | 62.6 |
Total remaining performance obligation |  | $ | 214.9 |

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