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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 729,149 $ 921,450
Short-term investments (includes $3,334 and $18,974, respectively, reported at fair value) 14,060 18,974
Accounts and other receivables (net of allowance of $11,807 and $18,899, respectively) 313,765 389,240
Short-term finance receivables (net of allowance of $14,078 and $18,012, respectively) 556,985 568,050
Inventories 69,496 65,845
Current income taxes 32,290 23,219
Other current assets and prepayments 127,513 120,145
Total current assets 1,843,258 2,106,923
Property, plant and equipment, net 467,396 391,280
Rental property and equipment, net 36,461 38,435
Long-term finance receivables (net of allowance of $15,829 and $17,857 respectively) 582,352 605,292
Goodwill 1,124,705 1,152,285
Intangible assets, net 137,118 159,839
Operating lease assets 212,028 201,916
Noncurrent income taxes 67,049 72,653
Other assets (includes $337,577 and $355,799, respectively, reported at fair value) 484,247 491,514
Total assets 4,954,614 5,220,137
Current liabilities:    
Accounts payable and accrued liabilities 871,798 880,616
Customer deposits at Pitney Bowes Bank 642,712 617,200
Current operating lease liabilities 41,347 39,182
Current portion of long-term debt 24,733 216,032
Advance billings 104,094 114,550
Current income taxes 4,078 2,880
Total current liabilities 1,688,762 1,870,460
Long-term debt 2,314,151 2,348,361
Deferred taxes on income 283,395 279,451
Tax uncertainties and other income tax liabilities 35,380 38,163
Noncurrent operating lease liabilities 193,861 180,292
Other noncurrent liabilities 390,402 437,015
Total liabilities 4,905,951 5,153,742
Commitments and contingencies (See Note 14)
Stockholders’ equity:    
Common stock, $1 par value (480,000,000 shares authorized; 323,337,912 shares issued) 323,338 323,338
Additional paid-in capital 2,463 68,502
Retained earnings 5,172,527 5,201,195
Accumulated other comprehensive loss (841,230) (839,131)
Treasury stock, at cost (148,809,481 and 151,362,724 shares, respectively) (4,608,435) (4,687,509)
Total stockholders’ equity 48,663 66,395
Total liabilities and stockholders’ equity $ 4,954,614 $ 5,220,137