Segment Information (Tables)

12 Months Ended

Dec. 31, 2013



	Revenues
	Years Ended December 31,
	2013		2012		2011
North America Mailing	$	1,723,304	$	1,818,952	$	1,961,198
International Mailing	608,156		607,644		659,052
Small & Medium Business Solutions	2,331,460		2,426,596		2,620,250

Production Mail	511,544		480,718		511,595
Presort Services	430,469		429,804		396,853
Enterprise Business Solutions	942,013		910,522		908,448

Digital Commerce Solutions	595,928		577,946		596,643
Total revenue	$	3,869,401	$	3,915,064	$	4,125,341



	EBIT
	Years Ended December 31,
	2013			2012			2011
North America Mailing	$	675,389		$	688,665		$	727,999
International Mailing	71,502			76,139			93,243
Small & Medium Business Solutions	746,891			764,804			821,242

Production Mail	55,000			48,981			52,817
Software	—			—			—
Management Services	—			—			—
Presort Services	83,259			106,170			100,718
Marketing Services	—			—			—
Enterprise Business Solutions	138,259			155,151			153,535
Digital Commerce Solutions

Digital Commerce Solutions	42,837			37,513			46,419
Total EBIT	927,987			957,468			1,021,196
Reconciling items:
Interest, net ⁽¹⁾	(190,364		)	(188,386		)	(197,266		)
Corporate and other expenses	(217,463		)	(216,456		)	(233,732		)
Restructuring charges and asset impairments	(84,344		)	(17,176		)	(118,630		)
Other (expense) income	(32,639		)	(1,138		)	19,918
Income from continuing operations before income taxes	$	403,177		$	534,312		$	491,486


(1)	Includes financing interest expense, other interest expense and interest income.



	Years Ended December 31,
	2013		2012		2011
Depreciation and amortization:
North America Mailing	$	81,238	$	104,957	$	123,252
International Mailing	29,515		26,804		29,961
Small & Medium Business Solutions	110,753		131,761		153,213

Production Mail	15,740		12,227		10,682
Presort Services	29,999		26,753		25,389
Enterprise Business Solutions	45,739		38,980		36,071

Digital Commerce Solutions	24,361		30,167		39,540
Total for reportable segments	180,853		200,908		228,824
Reconciliation to consolidated amount:
Discontinued operations	16,338		37,863		28,662
Unallocated amount	14,052		16,785		14,656
Consolidated depreciation and amortization	$	211,243	$	255,556	$	272,142



	Years Ended December 31,
	2013		2012		2011
Capital expenditures:
North America Mailing	$	57,973	$	78,511	$	57,308
International Mailing	25,386		29,642		13,905
Small & Medium Business Solutions	83,359		108,153		71,213

Production Mail	2,875		12,339		11,419
Presort Services	12,512		17,220		34,931
Enterprise Business Solutions	15,387		29,559		46,350

Digital Commerce Solutions	25,562		4,794		5,413
Total for reportable segments	124,308		142,506		122,976
Reconciliation to consolidated amount:
Discontinued operations	8,328		32,849		18,909
Unallocated amount	4,876		1,231		14,095
Consolidated capital expenditures	$	137,512	$	176,586	$	155,980



	December 31,
	2013		2012		2011
Assets:
North America Mailing	$	2,974,025	$	3,101,959	$	3,350,457
International Mailing	856,073		866,620		783,610
Small & Medium Business Solutions	3,830,098		3,968,579		4,134,067

Production Mail	305,428		386,338		482,265
Presort Services	343,206		369,405		395,299
Enterprise Business Solutions	648,634		755,743		877,564

Digital Commerce Solutions	1,137,129		1,179,219		1,191,854
Total for reportable segments	5,615,861		5,903,541		6,203,485
Reconciliation to consolidated amount:
Discontinued operations	—		727,732		752,450
Cash and cash equivalents	907,806		913,276		856,238
Short-term investments	31,128		36,611		12,971
Other corporate assets	217,913		278,731		321,960
Consolidated assets	$	6,772,708	$	7,859,891	$	8,147,104

Geographic Data



	December 31,
	2013		2012		2011
Identifiable long-lived assets:
United States	$	2,210,510	$	2,831,810	$	2,749,101
Outside United States	781,313		836,346		910,048
Total	$	2,991,823	$	3,668,156	$	3,659,149