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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 799,177 $ 924,442
Short-term investments (includes $21,185 and $35,879, respectively, reported at fair value) 21,185 115,879
Accounts and other receivables (net of allowance of $29,669 and $17,830, respectively) 348,565 373,471
Short-term finance receivables (net of allowance of $21,289 and $12,556, respectively) 559,148 629,643
Inventories 66,974 68,251
Current income taxes 11,477 5,565
Other current assets and prepayments 115,981 101,601
Assets of discontinued operations 0 17,229
Total current assets 1,922,507 2,236,081
Property, plant and equipment, net 367,466 376,177
Rental property and equipment, net 40,352 41,225
Long-term finance receivables (net of allowance of $16,779 and $7,095 respectively) 587,548 625,487
Goodwill 1,142,144 1,324,179
Intangible assets, net 167,493 190,640
Operating lease assets 213,490 200,752
Noncurrent income taxes 69,305 71,903
Other assets (includes $418,100 and $230,442, respectively, reported at fair value) 533,726 400,456
Total assets 5,044,031 5,466,900
Current liabilities:    
Accounts payable and accrued liabilities 760,363 793,690
Customer deposits at Pitney Bowes Bank 610,582 591,118
Current operating lease liabilities 38,007 36,060
Current portion of long-term debt 63,509 20,108
Advance billings 102,919 101,920
Current income taxes 2,527 17,083
Liabilities of discontinued operations 0 9,713
Total current liabilities 1,577,907 1,569,692
Long-term debt 2,531,712 2,719,614
Deferred taxes on income 279,526 274,435
Tax uncertainties and other income tax liabilities 40,642 38,834
Noncurrent operating lease liabilities 192,789 177,711
Other noncurrent liabilities 342,330 400,518
Total liabilities 4,964,906 5,180,804
Commitments and contingencies (See Note 14)
Stockholders’ equity:    
Common stock, $1 par value (480,000,000 shares authorized; 323,337,912 shares issued) 323,338 323,338
Additional paid-in capital 67,512 98,748
Retained earnings 5,190,914 5,438,930
Accumulated other comprehensive loss (813,572) (840,143)
Treasury stock, at cost (151,413,053 and 152,888,969 shares, respectively) (4,689,067) (4,734,777)
Total stockholders’ equity 79,125 286,096
Total liabilities and stockholders’ equity $ 5,044,031 $ 5,466,900