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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 561,538 $ 600,054
Short-term investments (includes $1,823 and $2,382, respectively, reported at fair value) 13,972 22,166
Accounts and other receivables (net of allowance of $7,480 and $5,292, respectively) 188,794 200,242
Short-term finance receivables (net of allowance of $13,612 and $14,347, respectively) 530,698 563,536
Inventories 71,642 63,048
Current income taxes 19,730 564
Other current assets and prepayments (net of allowance of $29,311 as of September 30, 2024) 99,778 76,039
Assets of discontinued operations 0 532,441
Total current assets 1,486,152 2,058,090
Property, plant and equipment, net 228,826 254,078
Rental property and equipment, net 23,664 23,583
Long-term finance receivables (net of allowance of $8,088 and $8,880 respectively) 622,378 653,085
Goodwill 737,281 734,409
Intangible assets, net 17,014 20,400
Operating lease assets 121,533 126,492
Noncurrent income taxes 90,832 60,995
Other assets (includes $212,647 and $227,131, respectively, reported at fair value) 320,036 341,053
Total assets 3,647,716 4,272,185
Current liabilities:    
Accounts payable and accrued liabilities 852,566 829,419
Customer deposits at Pitney Bowes Bank 670,678 640,323
Current operating lease liabilities 29,218 29,882
Current portion of long-term debt 56,466 58,931
Advance billings 74,153 76,258
Current income taxes 1,471 6,523
Liabilities of discontinued operations 0 257,106
Total current liabilities 1,684,552 1,898,442
Long-term debt 2,052,298 2,087,101
Deferred taxes on income 56,563 211,477
Tax uncertainties and other income tax liabilities 12,898 19,091
Noncurrent operating lease liabilities 117,812 126,568
Noncurrent customer deposits at Pitney Bowes Bank 58,977 73,972
Other noncurrent liabilities 183,495 224,110
Total liabilities 4,166,595 4,640,761
Commitments and contingencies (See Note 14)
Stockholders’ deficit:    
Common stock, $1 par value (480,000 shares authorized; 270,338 shares issued) 270,338 270,338
Retained earnings 2,748,407 3,077,988
Accumulated other comprehensive loss (820,870) (851,245)
Treasury stock, at cost (88,994 and 93,972 shares, respectively) (2,716,754) (2,865,657)
Total stockholders’ deficit (518,879) (368,576)
Total liabilities and stockholders’ deficit $ 3,647,716 $ 4,272,185