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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 557,696 $ 669,981
Short-term investments (includes $2,280 and $1,882, respectively, reported at fair value) 21,732 11,172
Accounts and other receivables (net of allowance of $4,124 and $5,344, respectively) 288,592 343,557
Short-term finance receivables (net of allowance of $14,128 and $11,395, respectively) 550,152 564,972
Inventories 83,781 83,720
Current income taxes 6,392 8,790
Other current assets and prepayments 109,189 115,824
Total current assets 1,617,534 1,798,016
Property, plant and equipment, net 391,649 420,672
Rental property and equipment, net 24,652 27,487
Long-term finance receivables (net of allowance of $8,571 and $10,555 respectively) 641,251 627,124
Goodwill 945,418 1,066,951
Intangible assets, net 66,111 77,944
Operating lease assets 309,995 296,129
Noncurrent income taxes 55,378 46,613
Other assets (includes $214,752 and $229,936, respectively, reported at fair value) 370,716 380,419
Total assets 4,422,704 4,741,355
Current liabilities:    
Accounts payable and accrued liabilities 793,609 907,083
Customer deposits at Pitney Bowes Bank 642,556 628,072
Current operating lease liabilities 58,270 52,576
Current portion of long-term debt 56,533 32,764
Advance billings 87,739 105,207
Current income taxes 1,819 2,101
Total current liabilities 1,640,526 1,727,803
Long-term debt 2,101,595 2,172,502
Deferred taxes on income 238,391 263,131
Tax uncertainties and other income tax liabilities 21,386 23,841
Noncurrent operating lease liabilities 279,920 265,696
Other noncurrent liabilities 265,995 227,729
Total liabilities 4,547,813 4,680,702
Commitments and contingencies (See Note 13)
Stockholders’ (deficit) equity:    
Common stock, $1 par value (480,000 shares authorized; 323,338 shares issued) 323,338 323,338
Retained earnings 4,872,439 5,125,677
Accumulated other comprehensive loss (838,071) (835,564)
Treasury stock, at cost (147,011 and 149,307 shares, respectively) (4,482,815) (4,552,798)
Total stockholders’ (deficit) equity (125,109) 60,653
Total liabilities and stockholders’ (deficit) equity $ 4,422,704 $ 4,741,355