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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 323,787 $ 469,726
Short-term investments (includes $3,985 and $3,926, respectively, reported at fair value) 16,175 16,374
Accounts and other receivables (net of allowance of $7,494 and $7,723, respectively) 160,284 159,951
Short-term finance receivables (net of allowance of $12,506 and $13,302, respectively) 526,411 535,608
Inventories 65,103 59,836
Current income taxes 984 10,429
Other current assets and prepayments (net of allowance of $17,834 and $19,373, respectively) 92,145 66,030
Total current assets 1,184,889 1,317,954
Property, plant and equipment, net 204,380 218,657
Rental property and equipment, net 24,275 24,587
Long-term finance receivables (net of allowance of $8,200 and $8,374 respectively) 624,400 610,316
Goodwill 729,687 721,003
Intangible assets, net 17,924 15,780
Operating lease assets 113,433 113,357
Noncurrent income taxes 101,350 99,773
Other assets (includes $167,165 and $173,525, respectively, reported at fair value) 269,365 276,089
Total assets 3,269,703 3,397,516
Current liabilities:    
Accounts payable and accrued liabilities 743,846 873,626
Customer deposits at Pitney Bowes Bank 625,095 645,860
Current operating lease liabilities 27,322 26,912
Current portion of long-term debt 14,150 53,250
Advance billings 75,060 70,131
Current income taxes 3,528 2,948
Total current liabilities 1,489,001 1,672,727
Long-term debt 1,899,002 1,866,458
Deferred taxes on income 50,298 49,187
Tax uncertainties and other income tax liabilities 14,560 13,770
Noncurrent operating lease liabilities 100,754 100,804
Noncurrent customer deposits at Pitney Bowes Bank 51,977 57,977
Other noncurrent liabilities 199,995 215,026
Total liabilities 3,805,587 3,975,949
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 2,651,715 2,671,868
Accumulated other comprehensive loss (811,575) (839,171)
Treasury stock, at cost (87,825 and 87,932 shares, respectively) (2,646,362) (2,681,468)
Total stockholders’ deficit (535,884) (578,433)
Total liabilities and stockholders’ deficit $ 3,269,703 $ 3,397,516