|
(1) |
The sum of the earnings per share amounts may not equal the totals due to rounding. | ||
| Pitney Bowes Inc. | ||||||||||||
| Consolidated Balance Sheets | ||||||||||||
| (Unaudited; in thousands, except share amounts) | ||||||||||||
|
Assets |
December 31,
2017 |
December 31,
2016 |
||||||||||
| Current assets: | ||||||||||||
| Cash and cash equivalents | $ | 1,009,021 | $ | 764,522 | ||||||||
| Short-term investments | 48,988 | 38,448 | ||||||||||
| Accounts receivable, net | 524,424 | 455,527 | ||||||||||
| Short-term finance receivables, net | 828,003 | 893,950 | ||||||||||
| Inventories | 89,679 | 92,726 | ||||||||||
| Current income taxes | 58,439 | 11,373 | ||||||||||
| Other current assets and prepayments | 77,954 | 68,637 | ||||||||||
| Total current assets | 2,636,508 | 2,325,183 | ||||||||||
| Property, plant and equipment, net | 379,044 | 314,603 | ||||||||||
| Rental property and equipment, net | 185,741 | 188,054 | ||||||||||
| Long-term finance receivables, net | 652,087 | 673,207 | ||||||||||
| Goodwill | 1,952,444 | 1,571,335 | ||||||||||
| Intangible assets, net | 272,186 | 165,172 | ||||||||||
| Noncurrent income taxes | 59,909 | 74,806 | ||||||||||
| Other assets | 540,796 | 524,773 | ||||||||||
| Total assets | $ | 6,678,715 | $ | 5,837,133 | ||||||||
|
Liabilities and stockholders' equity (deficit) |
||||||||||||
| Current liabilities: | ||||||||||||
| Accounts payable and accrued liabilities | $ | 1,487,575 | $ | 1,378,822 | ||||||||
| Current income taxes | 8,823 | 34,434 | ||||||||||
| Current portion of long-term debt | 271,057 | 614,485 | ||||||||||
| Advance billings | 288,372 | 299,878 | ||||||||||
| Total current liabilities | 2,055,827 | 2,327,619 | ||||||||||
| Deferred taxes on income | 236,974 | 204,289 | ||||||||||
| Tax uncertainties and other income tax liabilities | 116,551 | 61,276 | ||||||||||
| Long-term debt | 3,559,278 | 2,750,405 | ||||||||||
| Other noncurrent liabilities | 515,549 | 597,204 | ||||||||||
| Total liabilities | 6,484,179 | 5,940,793 | ||||||||||
| Stockholders' equity (deficit): | ||||||||||||
| Cumulative preferred stock, $50 par value, 4% convertible | 1 | 1 | ||||||||||
| Cumulative preference stock, no par value, $2.12 convertible | 441 | 483 | ||||||||||
| Common stock, $1 par value | 323,338 | 323,338 | ||||||||||
| Additional paid-in-capital | 138,367 | 148,125 | ||||||||||
| Retained earnings | 5,229,584 | 5,107,734 | ||||||||||
| Accumulated other comprehensive loss | (786,198 | ) | (940,133 | ) | ||||||||
| Treasury stock, at cost | (4,710,997 | ) | (4,743,208 | ) | ||||||||
| Total Pitney Bowes Inc. stockholders' equity (deficit) | 194,536 | (103,660 | ) | |||||||||
| Total liabilities and stockholders' equity (deficit) | $ | 6,678,715 | $ | 5,837,133 | ||||||||
