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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenue:      
Equipment sales $ 770,371pbi_EquipmentSalesRevenue $ 867,593pbi_EquipmentSalesRevenue $ 840,748pbi_EquipmentSalesRevenue
Supplies 300,040pbi_SuppliesRevenue 285,730pbi_SuppliesRevenue 279,104pbi_SuppliesRevenue
Software 429,743us-gaap_LicenseAndMaintenanceRevenue 398,664us-gaap_LicenseAndMaintenanceRevenue 412,762us-gaap_LicenseAndMaintenanceRevenue
Rentals 484,629us-gaap_OperatingLeasesIncomeStatementLeaseRevenue 512,493us-gaap_OperatingLeasesIncomeStatementLeaseRevenue 540,689us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Financing 432,859us-gaap_FinancialServicesRevenue 448,906us-gaap_FinancialServicesRevenue 481,177us-gaap_FinancialServicesRevenue
Support services 625,135us-gaap_MaintenanceRevenue 646,657us-gaap_MaintenanceRevenue 675,246us-gaap_MaintenanceRevenue
Business services 778,727us-gaap_SalesRevenueServicesNet 631,292us-gaap_SalesRevenueServicesNet 593,987us-gaap_SalesRevenueServicesNet
Total revenue 3,821,504us-gaap_Revenues 3,791,335us-gaap_Revenues 3,823,713us-gaap_Revenues
Costs and expenses:      
Cost of equipment sales 365,724pbi_CostOfEquipmentSales 422,580pbi_CostOfEquipmentSales 378,136pbi_CostOfEquipmentSales
Cost of supplies 93,675pbi_CostOfSupplies 89,365pbi_CostOfSupplies 85,766pbi_CostOfSupplies
Cost of software 123,760us-gaap_CostOfServicesLicensesAndMaintenanceAgreements 110,653us-gaap_CostOfServicesLicensesAndMaintenanceAgreements 115,388us-gaap_CostOfServicesLicensesAndMaintenanceAgreements
Cost of rentals 97,338us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 100,335us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 109,493us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
Financing interest expense 78,562us-gaap_FinancingInterestExpense 77,719us-gaap_FinancingInterestExpense 77,429us-gaap_FinancingInterestExpense
Cost of support services 377,003us-gaap_CostOfServicesMaintenanceCosts 400,038us-gaap_CostOfServicesMaintenanceCosts 419,891us-gaap_CostOfServicesMaintenanceCosts
Cost of business services 544,729us-gaap_OtherCostOfServices 449,932us-gaap_OtherCostOfServices 396,295us-gaap_OtherCostOfServices
Selling, general and administrative 1,378,400us-gaap_SellingGeneralAndAdministrativeExpense 1,420,096us-gaap_SellingGeneralAndAdministrativeExpense 1,489,735us-gaap_SellingGeneralAndAdministrativeExpense
Research and development 109,931us-gaap_ResearchAndDevelopmentExpense 110,412us-gaap_ResearchAndDevelopmentExpense 114,250us-gaap_ResearchAndDevelopmentExpense
Restructuring charges and asset impairments, net 84,560us-gaap_RestructuringSettlementAndImpairmentProvisions 84,344us-gaap_RestructuringSettlementAndImpairmentProvisions 17,176us-gaap_RestructuringSettlementAndImpairmentProvisions
Interest expense 95,291us-gaap_InterestExpense 114,740us-gaap_InterestExpense 115,228us-gaap_InterestExpense
Interest income 4,403us-gaap_InterestIncomeOther 5,472us-gaap_InterestIncomeOther 7,982us-gaap_InterestIncomeOther
Other expense, net 45,738us-gaap_OtherNonrecurringIncomeExpense 32,639us-gaap_OtherNonrecurringIncomeExpense 1,138us-gaap_OtherNonrecurringIncomeExpense
Total costs and expenses 3,390,308us-gaap_CostsAndExpenses 3,407,381us-gaap_CostsAndExpenses 3,311,943us-gaap_CostsAndExpenses
Income from continuing operations before income taxes 431,196us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 383,954us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 511,770us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 112,815us-gaap_IncomeTaxExpenseBenefit 77,967us-gaap_IncomeTaxExpenseBenefit 114,287us-gaap_IncomeTaxExpenseBenefit
Income from continuing operations 318,381us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 305,987us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 397,483us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (loss) from discontinued operations, net of tax 33,749us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (144,777)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 66,056us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income 352,130us-gaap_ProfitLoss 161,210us-gaap_ProfitLoss 463,539us-gaap_ProfitLoss
Less: Preferred stock dividends of subsidiaries attributable to noncontrolling interests 18,375us-gaap_NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable 18,375us-gaap_NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable 18,376us-gaap_NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable
Net income - Pitney Bowes Inc. 333,755us-gaap_NetIncomeLoss 142,835us-gaap_NetIncomeLoss 445,163us-gaap_NetIncomeLoss
Amounts attributable to common stockholders:      
Net income from continuing operations 300,006us-gaap_IncomeLossFromContinuingOperations 287,612us-gaap_IncomeLossFromContinuingOperations 379,107us-gaap_IncomeLossFromContinuingOperations
Income (loss) from discontinued operations, net of tax 33,749us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (144,777)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 66,056us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income - Pitney Bowes Inc. $ 333,755us-gaap_NetIncomeLoss $ 142,835us-gaap_NetIncomeLoss $ 445,163us-gaap_NetIncomeLoss
Basic earnings per share attributable to common stockholders:      
Continuing operations (in dollars per share) $ 1.49us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1] $ 1.43us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1] $ 1.89us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1]
Discontinued operations (in dollars per share) $ 0.17us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [1] $ (0.72)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [1] $ 0.33us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [1]
Net income - Pitney Bowes Inc. (in dollars per share) $ 1.65us-gaap_EarningsPerShareBasic [1] $ 0.71us-gaap_EarningsPerShareBasic [1] $ 2.22us-gaap_EarningsPerShareBasic [1]
Diluted earnings per share attributable to common stockholders:      
Continuing operations (in dollars per share) $ 1.47us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1] $ 1.42us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1] $ 1.88us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1]
Discontinued operations (in dollars per share) $ 0.17us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [1] $ (0.71)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [1] $ 0.33us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [1]
Net income - Pitney Bowes Inc. (in dollars per share) $ 1.64us-gaap_EarningsPerShareDiluted [1] $ 0.70us-gaap_EarningsPerShareDiluted [1] $ 2.21us-gaap_EarningsPerShareDiluted [1]
Dividends declared per share of common stock (in dollars per share) $ 0.75us-gaap_CommonStockDividendsPerShareDeclared $ 0.9375us-gaap_CommonStockDividendsPerShareDeclared $ 1.50us-gaap_CommonStockDividendsPerShareDeclared
[1] The sum of the earnings per share amounts may not equal the totals due to rounding.