Segment Information

3 Months Ended

Jun. 30, 2011

Notes To Condensed Consolidated Financial Statements [Abstract]

Segment Information

14. Segment Information

We conduct our business activities in seven reporting segments within two business groups, Small & Medium Business Solutions and Enterprise Business Solutions. As a result of certain organizational changes effective January 1, 2011, we have reclassified prior year amounts to conform to the current year presentation. The principal products and services of each of our reporting segments are as follows:

Small & Medium Business Solutions:

North America Mailing: Includes the U.S. and Canadian revenue and related expenses from the sale, rental and financing of our mail finishing, mail creation, shipping equipment and software; supplies; support and other professional services; and payment solutions.

International Mailing: Includes the revenue and related expenses from the sale, rental and financing of our mail finishing, mail creation, shipping equipment and software; supplies; support and other professional services; and payment solutions outside North America.

Enterprise Business Solutions:

Production Mail: Includes the worldwide revenue and related expenses from the sale, support and other professional services of our high-speed, production mail systems, sorting and production print equipment.

Software: Includes the worldwide revenue and related expenses from the sale and support services of non-equipment-based mailing, customer relationship and communication and location intelligence software.

Management Services: Includes worldwide revenue and related expenses from facilities management services; secure mail services; reprographic, document management services; and litigation support and eDiscovery services.

Mail Services: Includes worldwide revenue and related expenses from presort mail services and cross-border mail services.

Marketing Services: Includesrevenue and related expenses from direct marketing services for targeted customers.

Earnings before interest and taxes (EBIT), a non-GAAP measure, is determined by deducting from segment revenue the related costs and expenses attributable to the segment. EBIT excludes interest, taxes, general corporate expenses and restructuring charges, which are generally managed across the entire company on a consolidated basis, and asset impairments.  EBIT is useful to management in demonstrating the operational profitability of the segments excluding centrally managed costs, and is also used for purposes of measuring the performance of our management team.  Segment EBIT; however, may not be indicative of our overall consolidated performance and therefore, should be read in conjunction with our consolidated results of operations.

Revenue and EBIT by business segment for thethree and six months endedJune 30, 2011 and 2010is as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Revenue:
North America Mailing	$	493,653	$	520,581	$	1,002,692	$	1,055,244
International Mailing		176,158		155,579		346,691		327,602
Small & Medium Business Solutions		669,811		676,160		1,349,383		1,382,846
Production Mail		133,769		121,466		265,375		247,345
Software		99,783		84,195		195,768		165,202
Management Services		240,461		248,809		482,085		503,425
Mail Services		134,273		129,139		278,556		277,162
Marketing Services		36,377		37,468		66,376		69,490
Enterprise Business Solutions		644,663		621,077		1,288,160		1,262,624
Total revenue	$	1,314,474	$	1,297,237	$	2,637,543	$	2,645,470

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
EBIT:
North America Mailing	$	175,786	$	179,531	$	355,447	$	365,805
International Mailing		26,735		17,121		49,928		37,563
Small & Medium Business Solutions		202,521		196,652		405,375		403,368
Production Mail		9,223		9,010		16,397		20,917
Software		9,542		5,727		15,054		9,511
Management Services		19,979		22,181		41,008		42,273
Mail Services		9,819		5,197		20,084		30,474
Marketing Services		6,792		7,337		10,952		11,859
Enterprise Business Solutions		55,355		49,452		103,495		115,034
Total EBIT		257,876		246,104		508,870		518,402
Unallocated amounts:
Interest, net (1)		(48,527)		(50,329)		(99,122)		(99,163)
Corporate expenses		(45,179)		(43,496)		(85,380)		(86,230)
Restructuring charges and asset impairments		(4,994)		(48,512)		(31,018)		(69,234)
Income from continuing operations before income taxes	$	159,176	$	103,767	$	293,350	$	263,775

(1)       Interest, net includes financing interestexpense, other interest expense and interest income.