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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents (includes $77,001 and $140,125, respectively, reported at fair value) $ 285,177 $ 469,726
Short-term investments (includes $3,922 and $3,926, respectively, reported at fair value) 15,606 16,374
Accounts and other receivables (net of allowance of $7,653 and $7,723, respectively) 155,317 159,951
Short-term finance receivables (net of allowance of $13,103 and $13,302, respectively) 506,989 535,608
Inventories 79,001 59,836
Current income taxes 1,300 10,429
Other current assets and prepayments (net of allowance of $11,349 and $19,373, respectively) 82,600 66,030
Total current assets 1,125,990 1,317,954
Property, plant and equipment, net 193,264 218,657
Rental property and equipment, net 23,004 24,587
Long-term finance receivables (net of allowance of $6,683 and $8,374 respectively) 638,625 610,316
Goodwill 748,530 721,003
Intangible assets, net 16,767 15,780
Operating lease assets 113,136 113,357
Noncurrent income taxes 103,767 99,773
Other assets (includes $165,921 and $173,525, respectively, reported at fair value) 275,755 276,089
Total assets 3,238,838 3,397,516
Current liabilities:    
Accounts payable and accrued liabilities 742,804 873,626
Customer deposits at Pitney Bowes Bank 608,937 645,860
Current operating lease liabilities 27,276 26,912
Current portion of long-term debt 15,150 53,250
Advance billings 76,231 70,131
Current income taxes 18,508 2,948
Total current liabilities 1,488,906 1,672,727
Long-term debt 1,881,565 1,866,458
Deferred taxes on income 41,063 49,187
Tax uncertainties and other income tax liabilities 12,538 13,770
Noncurrent operating lease liabilities 100,244 100,804
Noncurrent customer deposits at Pitney Bowes Bank 51,977 57,977
Other noncurrent liabilities 199,354 215,026
Total liabilities 3,775,647 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 2,669,992 2,671,868
Accumulated other comprehensive loss (764,276) (839,171)
Treasury stock, at cost (95,116 and 87,932 shares, respectively) (2,712,863) (2,681,468)
Total stockholders’ deficit (536,809) (578,433)
Total liabilities and stockholders’ deficit $ 3,238,838 $ 3,397,516