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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 1,009,021 $ 764,522
Short-term investments 48,988 38,448
Accounts receivable (net of allowance of $15,985 and $14,372 respectively) 524,424 455,527
Short-term finance receivables (net of allowance of $12,187 and $13,323, respectively) 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 of allowance of $6,446 and $7,177, respectively) 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
Current liabilities:    
Accounts payable and accrued liabilities 1,486,741 1,378,822
Current income taxes 8,823 34,434
Current portion of long-term obligations 271,057 614,485
Advance billings 288,372 299,878
Total current liabilities 2,054,993 2,327,619
Deferred taxes on income 234,643 204,289
Tax uncertainties and other income tax liabilities 116,551 61,276
Long-term debt 3,559,278 2,750,405
Other noncurrent liabilities 524,689 597,204
Total liabilities 6,490,154 5,940,793
Commitments and contingencies (See Note 14)
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 (480,000,000 shares authorized; 323,337,912 shares issued) 323,338 323,338
Additional paid-in capital 138,367 148,125
Retained earnings 5,229,584 5,107,734
Accumulated other comprehensive loss (792,173) (940,133)
Treasury stock, at cost (136,734,174 and 137,669,194 shares, respectively) (4,710,997) (4,743,208)
Total Pitney Bowes Inc. stockholders’ equity (deficit) 188,561 (103,660)
Total liabilities and stockholders’ equity (deficit) $ 6,678,715 $ 5,837,133