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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 596,647 $ 732,480
Short-term investments (includes $2,058 and $2,658, respectively, reported at fair value) 10,014 14,440
Accounts and other receivables (net of allowance of $5,910 and $11,168, respectively) 287,751 334,630
Short-term finance receivables (net of allowance of $10,518 and $12,812, respectively) 551,476 560,680
Inventories 89,946 78,588
Current income taxes 27,442 13,894
Other current assets and prepayments 146,636 157,341
Total current assets 1,709,912 1,892,053
Property, plant and equipment, net 427,958 429,162
Rental property and equipment, net 28,451 34,774
Long-term finance receivables (net of allowance of $11,047 and $13,406 respectively) 597,198 587,427
Goodwill 1,045,940 1,135,103
Intangible assets, net 79,399 132,442
Operating lease assets 259,248 208,428
Noncurrent income taxes 56,339 68,398
Other assets (includes $228,346 and $318,754, respectively, reported at fair value) 388,704 471,084
Total assets 4,593,149 4,958,871
Current liabilities:    
Accounts payable and accrued liabilities 766,170 922,543
Customer deposits at Pitney Bowes Bank 663,420 632,062
Current operating lease liabilities 45,761 40,299
Current portion of long-term debt 27,133 24,739
Advance billings 94,100 99,280
Current income taxes 2,051 9,017
Total current liabilities 1,598,635 1,727,940
Long-term debt 2,189,566 2,299,099
Deferred taxes on income 273,455 286,445
Tax uncertainties and other income tax liabilities 31,566 31,935
Noncurrent operating lease liabilities 239,788 192,092
Other noncurrent liabilities 268,415 308,728
Total liabilities 4,601,425 4,846,239
Commitments and contingencies
Stockholders’ (deficit) 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 5,128,030 5,169,270
Accumulated other comprehensive loss (905,453) (780,312)
Treasury stock, at cost (149,353 and 148,607 shares, respectively) (4,554,191) (4,602,149)
Total stockholders’ (deficit) equity (8,276) 112,632
Total liabilities and stockholders’ (deficit) equity $ 4,593,149 $ 4,958,871