Form: 10-Q

Quarterly report [Sections 13 or 15(d)]

ART. 5 FDS FOR 1ST QUARTER 10-Q

Published on


<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM PITNEY BOWES INC.
CONSOLIDATED BALANCE SHEET, CONSOLIDATED STATEMENT OF INCOME, CORRESPONDING
FOOTNOTE #4 FIXED ASSETS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> MAR-31-2000
<CASH> 219,063
<SECURITIES> 19,126
<RECEIVABLES> <F1> 2,109,527
<ALLOWANCES> <F1> 68,477
<INVENTORY> 262,595
<CURRENT-ASSETS> 2,694,704
<PP&E> <F2> 2,795,644
<DEPRECIATION> <F2> 1,513,531
<TOTAL-ASSETS> 7,818,661
<CURRENT-LIABILITIES> 2,523,830
<BONDS> 2,037,860
<COMMON> 323,338
<PREFERRED-MANDATORY> 310,000
<PREFERRED> 1,838
<OTHER-SE> 1,166,945
<TOTAL-LIABILITY-AND-EQUITY> 7,818,661
<SALES> 520,042
<TOTAL-REVENUES> 1,101,967
<CGS> 300,833
<TOTAL-COSTS> 422,444
<OTHER-EXPENSES> 29,511
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 48,993
<INCOME-PRETAX> 224,537
<INCOME-TAX> 72,984
<INCOME-CONTINUING> 151,553
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 151,553
<EPS-BASIC> 0.58
<EPS-DILUTED> 0.57
<FN>
<F1> Receivables are comprised of gross trade receivables of $448,635 and
short-term finance receivables of $1,660,892. Allowances are comprised of
allowances for trade receivables of $25,443 and for short-term finance
receivables of $43,034.
<F2> Property, plant and equipment are comprised of gross fixed assets of
$1,200,383 and rental equipment and related inventories of $1,595,261.
Depreciation is comprised of depreciation on fixed assets of $715,571 and on
rental equipment and related inventories of $797,960.
</FN>


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