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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 570,697 $ 732,480
Short-term investments (includes $2,534 and $2,658, respectively, reported at fair value) 11,519 14,440
Accounts and other receivables (net of allowance of $12,176 and $11,168, respectively) 268,722 334,630
Short-term finance receivables (net of allowance of $11,801 and $12,812, respectively) 557,571 560,680
Inventories 82,797 78,588
Current income taxes 15,875 13,894
Other current assets and prepayments 151,090 120,947
Assets held for sale 108,677 36,394
Total current assets 1,766,948 1,892,053
Property, plant and equipment, net 427,438 429,162
Rental property and equipment, net 30,889 34,774
Long-term finance receivables (net of allowance of $12,857 and $13,406 respectively) 592,928 587,427
Goodwill 1,060,452 1,135,103
Intangible assets, net 82,770 132,442
Operating lease assets 242,452 208,428
Noncurrent income taxes 62,849 68,398
Other assets (includes $252,457 and $318,754, respectively, reported at fair value) 410,865 471,084
Total assets 4,677,591 4,958,871
Current liabilities:    
Accounts payable and accrued liabilities 827,639 922,543
Customer deposits at Pitney Bowes Bank 616,150 632,062
Current operating lease liabilities 42,253 40,299
Current portion of long-term debt 24,752 24,739
Advance billings 96,573 99,280
Current income taxes 2,865 9,017
Liabilities held for sale 18,700 0
Total current liabilities 1,628,932 1,727,940
Long-term debt 2,194,767 2,299,099
Deferred taxes on income 268,416 286,445
Tax uncertainties and other income tax liabilities 31,643 31,935
Noncurrent operating lease liabilities 227,238 192,092
Other noncurrent liabilities 282,441 308,728
Total liabilities 4,633,437 4,846,239
Commitments and contingencies
Stockholders’ equity:    
Common stock, $1 par value (480,000 shares authorized; 323,338 shares issued) 323,338 323,338
Additional paid-in capital 0 2,485
Retained earnings 5,137,248 5,169,270
Accumulated other comprehensive loss (850,053) (780,312)
Treasury stock, at cost (149,753 and 148,607 shares, respectively) (4,566,379) (4,602,149)
Total stockholders’ equity 44,154 112,632
Total liabilities and stockholders’ equity $ 4,677,591 $ 4,958,871