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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_RestructuringChargesAndAssetImpairmentsIncludingDiscontinuedOperations_3A033850CEF65B5ECA756E3E1F0340A8" xlink:to="lab_pbi_RestructuringChargesAndAssetImpairmentsIncludingDiscontinuedOperations_3A033850CEF65B5ECA756E3E1F0340A8" xlink:type="arc" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_3368FB3EE37A4B6931046E3E1F03D88F_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_3368FB3EE37A4B6931046E3E1F03D88F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accounts Receivable</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_3368FB3EE37A4B6931046E3E1F03D88F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_3368FB3EE37A4B6931046E3E1F03D88F" xlink:to="lab_us-gaap_IncreaseDecreaseInAccountsReceivable_3368FB3EE37A4B6931046E3E1F03D88F" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInFinanceReceivables_88F0854C10CD911B57076E3E1F037096_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFinanceReceivables_88F0854C10CD911B57076E3E1F037096" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Decrease in finance receivables</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInFinanceReceivables_88F0854C10CD911B57076E3E1F037096_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFinanceReceivables_88F0854C10CD911B57076E3E1F037096" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Finance Receivables</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInFinanceReceivables" xlink:label="loc_us-gaap_IncreaseDecreaseInFinanceReceivables_88F0854C10CD911B57076E3E1F037096" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInFinanceReceivables_88F0854C10CD911B57076E3E1F037096" xlink:to="lab_us-gaap_IncreaseDecreaseInFinanceReceivables_88F0854C10CD911B57076E3E1F037096" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInInventories_F9FABC4E4B75900767CF6E3E1F0372B4_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_F9FABC4E4B75900767CF6E3E1F0372B4" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Increase in inventories</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInInventories_F9FABC4E4B75900767CF6E3E1F0372B4_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInventories_F9FABC4E4B75900767CF6E3E1F0372B4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Inventories</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInInventories" xlink:label="loc_us-gaap_IncreaseDecreaseInInventories_F9FABC4E4B75900767CF6E3E1F0372B4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInInventories_F9FABC4E4B75900767CF6E3E1F0372B4" xlink:to="lab_us-gaap_IncreaseDecreaseInInventories_F9FABC4E4B75900767CF6E3E1F0372B4" xlink:type="arc" />
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2ECFFF269A96FFC3D22F6E3E1F03F0A2_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2ECFFF269A96FFC3D22F6E3E1F03F0A2" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">(Increase) decrease in other current assets and prepayments</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2ECFFF269A96FFC3D22F6E3E1F03F0A2_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2ECFFF269A96FFC3D22F6E3E1F03F0A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Prepaid Expense and Other Assets</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets_2ECFFF269A96FFC3D22F6E3E1F03F0A2" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_F421243D0693F3D391036E3E1F03AC61_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_F421243D0693F3D391036E3E1F03AC61" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease in accounts payable and accrued liabilities</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_9B40C6AC671A912855D86E3E1F032A57_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_9B40C6AC671A912855D86E3E1F032A57" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">(Decrease) increase in current and noncurrent income taxes</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_9B40C6AC671A912855D86E3E1F032A57_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable_9B40C6AC671A912855D86E3E1F032A57" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Income Taxes Payable</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInCustomerAdvances_E35FCF2D691E238DE3936E3E1F03C08A_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInCustomerAdvances_E35FCF2D691E238DE3936E3E1F03C08A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease in advance billings</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_F679BF4C94283F773F826E3E1F03835E_negatedLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_F679BF4C94283F773F826E3E1F03835E" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_BD975BE80F3C008A10ED6E3E1F04E0D9_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivities_BD975BE80F3C008A10ED6E3E1F04E0D9" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by operating activities</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_5A233069075333B757506E3E1F043BEC_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_5A233069075333B757506E3E1F043BEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash flows from investing activities:</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireMarketableSecurities_572D3E0B4488613A500A6E3E1F04D849_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireMarketableSecurities_572D3E0B4488613A500A6E3E1F04D849" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases of available-for-sale securities</link:label>
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    <link:label id="lab_us-gaap_PaymentsForProceedsFromShortTermInvestments_DC588C03A4FFBE7260726E3E1F046B7C_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromShortTermInvestments_DC588C03A4FFBE7260726E3E1F046B7C" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Net change in short-term and other investments</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_D8B43064CEE1F1861FBE6E3E1F048075_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquirePropertyPlantAndEquipment_D8B43064CEE1F1861FBE6E3E1F048075" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Capital expenditures</link:label>
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    <link:label id="lab_us-gaap_ProceedsFromSaleOfProductiveAssets_523B2C60A52C8AE130FC6E3E1F04CD76_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfProductiveAssets_523B2C60A52C8AE130FC6E3E1F04CD76" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of assets</link:label>
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    <link:label id="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_F94AEEDE352798E478B16E3E1F04BD69_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromOtherInvestingActivities_F94AEEDE352798E478B16E3E1F04BD69" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Other investing activities</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_C6D732A25B860505E6F16E3E1F04AD41_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_C6D732A25B860505E6F16E3E1F04AD41" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_C6D732A25B860505E6F16E3E1F04AD41_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_C6D732A25B860505E6F16E3E1F04AD41" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Cash Provided by (Used in) Investing Activities</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_C6D732A25B860505E6F16E3E1F04AD41" xlink:type="locator" />
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    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_45AAF7CEC524996CF4C86E3E1F046E32_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebt_45AAF7CEC524996CF4C86E3E1F046E32" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from the issuance of long-term debt</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentNameDomain_56ABCE9C877FBDEDB573796101CA1A79_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentNameDomain_56ABCE9C877FBDEDB573796101CA1A79" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Name [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DebtInstrumentNameDomain" xlink:label="loc_us-gaap_DebtInstrumentNameDomain_56ABCE9C877FBDEDB573796101CA1A79" xlink:type="locator" />
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    <link:label id="lab_pbi_FixedRateNotesMember_5423FE2F6137A872B99D797759BE1D10_terseLabel_en-US" xlink:label="lab_pbi_FixedRateNotesMember_5423FE2F6137A872B99D797759BE1D10" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed Rate Notes</link:label>
    <link:label id="lab_pbi_FixedRateNotesMember_5423FE2F6137A872B99D797759BE1D10_label_en-US" xlink:label="lab_pbi_FixedRateNotesMember_5423FE2F6137A872B99D797759BE1D10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Rate Notes [Member]</link:label>
    <link:label id="lab_pbi_FixedRateNotesMember_5423FE2F6137A872B99D797759BE1D10_documentation_en-US" xlink:label="lab_pbi_FixedRateNotesMember_5423FE2F6137A872B99D797759BE1D10" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Rate Notes [Member]</link:label>
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_FixedRateNotesMember_5423FE2F6137A872B99D797759BE1D10" xlink:to="lab_pbi_FixedRateNotesMember_5423FE2F6137A872B99D797759BE1D10" xlink:type="arc" />
    <link:label id="lab_pbi_NewTermLoanMember_18042ACAFD81D8F4F4DB796101CA6A2F_verboseLabel_en-US" xlink:label="lab_pbi_NewTermLoanMember_18042ACAFD81D8F4F4DB796101CA6A2F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">New Term Loan</link:label>
    <link:label id="lab_pbi_NewTermLoanMember_18042ACAFD81D8F4F4DB796101CA6A2F_label_en-US" xlink:label="lab_pbi_NewTermLoanMember_18042ACAFD81D8F4F4DB796101CA6A2F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">New Term Loan [Member]</link:label>
    <link:label id="lab_pbi_NewTermLoanMember_18042ACAFD81D8F4F4DB796101CA6A2F_documentation_en-US" xlink:label="lab_pbi_NewTermLoanMember_18042ACAFD81D8F4F4DB796101CA6A2F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">New Term Loan [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_NewTermLoanMember" xlink:label="loc_pbi_NewTermLoanMember_18042ACAFD81D8F4F4DB796101CA6A2F" xlink:type="locator" />
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    <link:label id="lab_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due September 2020</link:label>
    <link:label id="lab_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2_label_en-US" xlink:label="lab_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Due 2020 [Member]</link:label>
    <link:label id="lab_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2_documentation_en-US" xlink:label="lab_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Due 2020 [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_DebtDue2020Member" xlink:label="loc_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2" xlink:to="lab_pbi_DebtDue2020Member_65ADEE3D0AC0C45075E6796101CA19F2" xlink:type="arc" />
    <link:label id="lab_pbi_DebtDue2023Member_585969B99EE986EF8E55796101CAA5AC_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2023Member_585969B99EE986EF8E55796101CAA5AC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due April 2023</link:label>
    <link:label id="lab_pbi_DebtDue2023Member_585969B99EE986EF8E55796101CAA5AC_label_en-US" xlink:label="lab_pbi_DebtDue2023Member_585969B99EE986EF8E55796101CAA5AC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Due 2023 [Member]</link:label>
    <link:label id="lab_pbi_DebtDue2023Member_585969B99EE986EF8E55796101CAA5AC_documentation_en-US" xlink:label="lab_pbi_DebtDue2023Member_585969B99EE986EF8E55796101CAA5AC" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Due 2023 [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_DebtDue2023Member" xlink:label="loc_pbi_DebtDue2023Member_585969B99EE986EF8E55796101CAA5AC" xlink:type="locator" />
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    <link:label id="lab_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due August 2018</link:label>
    <link:label id="lab_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F_label_en-US" xlink:label="lab_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Due 2018 [Member]</link:label>
    <link:label id="lab_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F_documentation_en-US" xlink:label="lab_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Due 2018 [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_DebtDue2018Member" xlink:label="loc_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F" xlink:to="lab_pbi_DebtDue2018Member_CEC70E50B3EF18EF8009796101CAD53F" xlink:type="arc" />
    <link:label id="lab_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due May 2022</link:label>
    <link:label id="lab_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94_label_en-US" xlink:label="lab_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Due 2022 [Member]</link:label>
    <link:label id="lab_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94_documentation_en-US" xlink:label="lab_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Due 2022 [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_DebtDue2022Member" xlink:label="loc_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94" xlink:to="lab_pbi_DebtDue2022Member_3C34F80B149113CEF034796101CAAF94" xlink:type="arc" />
    <link:label id="lab_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A_terseLabel_en-US" xlink:label="lab_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes Due in June 2017</link:label>
    <link:label id="lab_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A_label_en-US" xlink:label="lab_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Due June 2017 [Member]</link:label>
    <link:label id="lab_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A_documentation_en-US" xlink:label="lab_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Due June 2017 [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_DebtDueJune2017Member" xlink:label="loc_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A" xlink:to="lab_pbi_DebtDueJune2017Member_E3944C257223B209FA91796101CA435A" xlink:type="arc" />
    <link:label id="lab_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due September 2017</link:label>
    <link:label id="lab_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231_label_en-US" xlink:label="lab_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Due 2017 [Member]</link:label>
    <link:label id="lab_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231_documentation_en-US" xlink:label="lab_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Due 2017</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_DebtDue2017Member" xlink:label="loc_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231" xlink:to="lab_pbi_DebtDue2017Member_CF82FB6B378DE84792A1796101CAA231" xlink:type="arc" />
    <link:label id="lab_pbi_A4.75DebtDue2018Member_25D173B8AA8BE1EC7A38796101CAB07A_terseLabel_en-US" xlink:label="lab_pbi_A4.75DebtDue2018Member_25D173B8AA8BE1EC7A38796101CAB07A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due May 2018</link:label>
    <link:label id="lab_pbi_A4.75DebtDue2018Member_25D173B8AA8BE1EC7A38796101CAB07A_label_en-US" xlink:label="lab_pbi_A4.75DebtDue2018Member_25D173B8AA8BE1EC7A38796101CAB07A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">4.75% Debt Due 2018 [Member]</link:label>
    <link:label id="lab_pbi_A4.75DebtDue2018Member_25D173B8AA8BE1EC7A38796101CAB07A_documentation_en-US" xlink:label="lab_pbi_A4.75DebtDue2018Member_25D173B8AA8BE1EC7A38796101CAB07A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">4.75% Debt Due 2018 [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_A4.75DebtDue2018Member" xlink:label="loc_pbi_A4.75DebtDue2018Member_25D173B8AA8BE1EC7A38796101CAB07A" xlink:type="locator" />
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    <link:label id="lab_pbi_DebtDue2037Member_B890196A26A42121A3F0796101CA171B_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2037Member_B890196A26A42121A3F0796101CA171B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due January 2037</link:label>
    <link:label id="lab_pbi_DebtDue2037Member_B890196A26A42121A3F0796101CA171B_label_en-US" xlink:label="lab_pbi_DebtDue2037Member_B890196A26A42121A3F0796101CA171B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Due 2037 [Member]</link:label>
    <link:label id="lab_pbi_DebtDue2037Member_B890196A26A42121A3F0796101CA171B_documentation_en-US" xlink:label="lab_pbi_DebtDue2037Member_B890196A26A42121A3F0796101CA171B" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Due 2037</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_DebtDue2037Member" xlink:label="loc_pbi_DebtDue2037Member_B890196A26A42121A3F0796101CA171B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_VariableRateDomain_DD227170FB1AF0AA006E796101CBAF10_label_en-US" xlink:label="lab_us-gaap_VariableRateDomain_DD227170FB1AF0AA006E796101CBAF10" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_VariableRateDomain" xlink:label="loc_us-gaap_VariableRateDomain_DD227170FB1AF0AA006E796101CBAF10" xlink:type="locator" />
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_EurodollarMember" xlink:label="loc_us-gaap_EurodollarMember_D2CF4906902C24899ACB796101CBB879" xlink:type="locator" />
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    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLosses_A423F39858311A90E6520CC3E57E92F4" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLosses_A423F39858311A90E6520CC3E57E92F4" xlink:type="arc" />
    <link:label id="lab_us-gaap_AssetsAbstract_CB93C86F70557CD06475176887E9A70D_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract_CB93C86F70557CD06475176887E9A70D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
    <link:label id="lab_us-gaap_AssetsAbstract_CB93C86F70557CD06475176887E9A70D_label_en-US" xlink:label="lab_us-gaap_AssetsAbstract_CB93C86F70557CD06475176887E9A70D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsAbstract" xlink:label="loc_us-gaap_AssetsAbstract_CB93C86F70557CD06475176887E9A70D" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsCurrentAbstract_B1CBF20C3012DB85B08F176887EE0637_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_B1CBF20C3012DB85B08F176887EE0637" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current assets:</link:label>
    <link:label id="lab_us-gaap_AssetsCurrentAbstract_B1CBF20C3012DB85B08F176887EE0637_label_en-US" xlink:label="lab_us-gaap_AssetsCurrentAbstract_B1CBF20C3012DB85B08F176887EE0637" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Current [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsCurrentAbstract" xlink:label="loc_us-gaap_AssetsCurrentAbstract_B1CBF20C3012DB85B08F176887EE0637" xlink:type="locator" />
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    <link:label id="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6F2F8C435BED1BE0137176887EE5516_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6F2F8C435BED1BE0137176887EE5516" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6F2F8C435BED1BE0137176887EE5516" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6F2F8C435BED1BE0137176887EE5516" xlink:to="lab_us-gaap_CashAndCashEquivalentsAtCarryingValue_F6F2F8C435BED1BE0137176887EE5516" xlink:type="arc" />
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesCurrent_64E2F63B6BC16938F262176887EE5956_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesCurrent_64E2F63B6BC16938F262176887EE5956" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term investments</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesCurrent_64E2F63B6BC16938F262176887EE5956_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesCurrent_64E2F63B6BC16938F262176887EE5956" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AvailableForSaleSecuritiesCurrent" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesCurrent_64E2F63B6BC16938F262176887EE5956" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesCurrent_64E2F63B6BC16938F262176887EE5956" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesCurrent_64E2F63B6BC16938F262176887EE5956" xlink:type="arc" />
    <link:label id="lab_us-gaap_AccountsReceivableNetCurrent_6D09D84DE5BA90DDADEC176887EE02E2_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsReceivableNetCurrent_6D09D84DE5BA90DDADEC176887EE02E2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts receivable (net of allowance of $15,610 and $14,372, respectively)</link:label>
    <link:label id="lab_us-gaap_AccountsReceivableNetCurrent_6D09D84DE5BA90DDADEC176887EE02E2_label_en-US" xlink:label="lab_us-gaap_AccountsReceivableNetCurrent_6D09D84DE5BA90DDADEC176887EE02E2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts Receivable, Net, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AccountsReceivableNetCurrent" xlink:label="loc_us-gaap_AccountsReceivableNetCurrent_6D09D84DE5BA90DDADEC176887EE02E2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountsReceivableNetCurrent_6D09D84DE5BA90DDADEC176887EE02E2" xlink:to="lab_us-gaap_AccountsReceivableNetCurrent_6D09D84DE5BA90DDADEC176887EE02E2" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesAndLoansReceivableNetCurrent_D3CD8DDC5042819258C3176887EE133F_terseLabel_en-US" xlink:label="lab_us-gaap_NotesAndLoansReceivableNetCurrent_D3CD8DDC5042819258C3176887EE133F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term finance receivables (net of allowance of $11,921 and $13,323, respectively)</link:label>
    <link:label id="lab_us-gaap_NotesAndLoansReceivableNetCurrent_D3CD8DDC5042819258C3176887EE133F_label_en-US" xlink:label="lab_us-gaap_NotesAndLoansReceivableNetCurrent_D3CD8DDC5042819258C3176887EE133F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes, Loans and Financing Receivable, Net, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NotesAndLoansReceivableNetCurrent" xlink:label="loc_us-gaap_NotesAndLoansReceivableNetCurrent_D3CD8DDC5042819258C3176887EE133F" xlink:type="locator" />
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    <link:label id="lab_us-gaap_InventoryNet_1591F61896C92BCDA994176887EECA26_terseLabel_en-US" xlink:label="lab_us-gaap_InventoryNet_1591F61896C92BCDA994176887EECA26" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Inventories</link:label>
    <link:label id="lab_us-gaap_InventoryNet_1591F61896C92BCDA994176887EECA26_label_en-US" xlink:label="lab_us-gaap_InventoryNet_1591F61896C92BCDA994176887EECA26" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Inventory, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InventoryNet" xlink:label="loc_us-gaap_InventoryNet_1591F61896C92BCDA994176887EECA26" xlink:type="locator" />
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    <link:label id="lab_us-gaap_IncomeTaxesReceivable_7ED9109681D1DC854857176887EFD67B_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeTaxesReceivable_7ED9109681D1DC854857176887EFD67B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Current income taxes</link:label>
    <link:label id="lab_us-gaap_IncomeTaxesReceivable_7ED9109681D1DC854857176887EFD67B_label_en-US" xlink:label="lab_us-gaap_IncomeTaxesReceivable_7ED9109681D1DC854857176887EFD67B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Taxes Receivable, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IncomeTaxesReceivable" xlink:label="loc_us-gaap_IncomeTaxesReceivable_7ED9109681D1DC854857176887EFD67B" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_779A6C473F1B9C21FE66176887EF3FD3_terseLabel_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_779A6C473F1B9C21FE66176887EF3FD3" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other current assets and prepayments</link:label>
    <link:label id="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_779A6C473F1B9C21FE66176887EF3FD3_label_en-US" xlink:label="lab_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_779A6C473F1B9C21FE66176887EF3FD3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Expense and Other Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PrepaidExpenseAndOtherAssetsCurrent" xlink:label="loc_us-gaap_PrepaidExpenseAndOtherAssetsCurrent_779A6C473F1B9C21FE66176887EF3FD3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_AssetsCurrent_62F40AF333511E62EEFE176887EF25F3_totalLabel_en-US" xlink:label="lab_us-gaap_AssetsCurrent_62F40AF333511E62EEFE176887EF25F3" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total current assets</link:label>
    <link:label id="lab_us-gaap_AssetsCurrent_62F40AF333511E62EEFE176887EF25F3_label_en-US" xlink:label="lab_us-gaap_AssetsCurrent_62F40AF333511E62EEFE176887EF25F3" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Current</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_AssetsCurrent" xlink:label="loc_us-gaap_AssetsCurrent_62F40AF333511E62EEFE176887EF25F3" xlink:type="locator" />
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    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_D2E3B2420A7FB7E10EC5176887EFC245_terseLabel_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_D2E3B2420A7FB7E10EC5176887EFC245" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Property, plant and equipment, net</link:label>
    <link:label id="lab_us-gaap_PropertyPlantAndEquipmentNet_D2E3B2420A7FB7E10EC5176887EFC245_label_en-US" xlink:label="lab_us-gaap_PropertyPlantAndEquipmentNet_D2E3B2420A7FB7E10EC5176887EFC245" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Property, Plant and Equipment, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_PropertyPlantAndEquipmentNet" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_D2E3B2420A7FB7E10EC5176887EFC245" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_D2E3B2420A7FB7E10EC5176887EFC245" xlink:to="lab_us-gaap_PropertyPlantAndEquipmentNet_D2E3B2420A7FB7E10EC5176887EFC245" xlink:type="arc" />
    <link:label id="lab_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C_terseLabel_en-US" xlink:label="lab_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Rental property and equipment, net</link:label>
    <link:label id="lab_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C_label_en-US" xlink:label="lab_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rental property and equipment, net</link:label>
    <link:label id="lab_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C_documentation_en-US" xlink:label="lab_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the cost of equipment on rental, including postage meters, scales, mailing machines, copiers, facsimile equipment, voice processing systems, merchandise identification equipment, and other machines, net of accumulated depreciation.</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_RentalPropertyAndEquipmentNet" xlink:label="loc_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C" xlink:to="lab_pbi_RentalPropertyAndEquipmentNet_93A885C0BFBC5E8AEB3D176887EFF22C" xlink:type="arc" />
    <link:label id="lab_us-gaap_NotesAndLoansReceivableNetNoncurrent_B442A93500A988529B3C176887EF97C5_terseLabel_en-US" xlink:label="lab_us-gaap_NotesAndLoansReceivableNetNoncurrent_B442A93500A988529B3C176887EF97C5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term finance receivables (net of allowance of $5,999 and $7,177, respectively)</link:label>
    <link:label id="lab_us-gaap_NotesAndLoansReceivableNetNoncurrent_B442A93500A988529B3C176887EF97C5_label_en-US" xlink:label="lab_us-gaap_NotesAndLoansReceivableNetNoncurrent_B442A93500A988529B3C176887EF97C5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Notes, Loans and Financing Receivable, Net, Noncurrent</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_NotesAndLoansReceivableNetNoncurrent" xlink:label="loc_us-gaap_NotesAndLoansReceivableNetNoncurrent_B442A93500A988529B3C176887EF97C5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotesAndLoansReceivableNetNoncurrent_B442A93500A988529B3C176887EF97C5" xlink:to="lab_us-gaap_NotesAndLoansReceivableNetNoncurrent_B442A93500A988529B3C176887EF97C5" xlink:type="arc" />
    <link:label id="lab_us-gaap_Goodwill_7A67A81CD98C5B2660C1176887EFF13C_terseLabel_en-US" xlink:label="lab_us-gaap_Goodwill_7A67A81CD98C5B2660C1176887EFF13C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Goodwill</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Goodwill" xlink:label="loc_us-gaap_Goodwill_7A67A81CD98C5B2660C1176887EFF13C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Goodwill_7A67A81CD98C5B2660C1176887EFF13C" xlink:to="lab_us-gaap_Goodwill_7A67A81CD98C5B2660C1176887EFF13C" xlink:type="arc" />
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_648498818C3CD1C71049176887EF43A2_terseLabel_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_648498818C3CD1C71049176887EF43A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intangible assets, net</link:label>
    <link:label id="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_648498818C3CD1C71049176887EF43A2_label_en-US" xlink:label="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_648498818C3CD1C71049176887EF43A2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intangible Assets, Net (Excluding Goodwill)</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_648498818C3CD1C71049176887EF43A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_648498818C3CD1C71049176887EF43A2" xlink:to="lab_us-gaap_IntangibleAssetsNetExcludingGoodwill_648498818C3CD1C71049176887EF43A2" xlink:type="arc" />
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    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_CA80E72C82AD8D23969861BB49209E53_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTextBlock_F109CF5AF3B259D7AA0671A0C1E04CEC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, by Balance Sheet Grouping</link:label>
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    <link:label id="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_4B2CDD25A17D4AE8FFD761BB48F6BD0F_terseLabel_en-US" xlink:label="lab_us-gaap_PensionAndOtherPostretirementBenefitsDisclosureTextBlock_62FB41EAED0056E5A62DC75C62A94E06" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pensions and Other Benefit Programs</link:label>
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    <link:label id="lab_us-gaap_LoansPayableMember_9C5636E1AD06F7017659306BD6BBE9F2_verboseLabel_en-US" xlink:label="lab_us-gaap_LoansPayableMember_9C5636E1AD06F7017659306BD6BBE9F2" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Term loans</link:label>
    <link:label id="lab_us-gaap_LoansPayableMember_9C5636E1AD06F7017659306BD6BBE9F2_label_en-US" xlink:label="lab_us-gaap_LoansPayableMember_9C5636E1AD06F7017659306BD6BBE9F2" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Payable [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_LoansPayableMember" xlink:label="loc_us-gaap_LoansPayableMember_9C5636E1AD06F7017659306BD6BBE9F2" xlink:type="locator" />
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    <link:label id="lab_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861_terseLabel_en-US" xlink:label="lab_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other debt</link:label>
    <link:label id="lab_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861_label_en-US" xlink:label="lab_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Debt [Member]</link:label>
    <link:label id="lab_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861_documentation_en-US" xlink:label="lab_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Debt [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_OtherDebtMember" xlink:label="loc_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861" xlink:to="lab_pbi_OtherDebtMember_1D27EA9907CE44E4B868306BF329D861" xlink:type="arc" />
    <link:label id="lab_pbi_A5.60DebtDue2018Member_28FE1A8944DD949C22923048DD7639EB_terseLabel_en-US" xlink:label="lab_pbi_A5.60DebtDue2018Member_28FE1A8944DD949C22923048DD7639EB" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due March 2018</link:label>
    <link:label id="lab_pbi_A5.60DebtDue2018Member_28FE1A8944DD949C22923048DD7639EB_label_en-US" xlink:label="lab_pbi_A5.60DebtDue2018Member_28FE1A8944DD949C22923048DD7639EB" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">5.60% Debt Due 2018 [Member]</link:label>
    <link:label id="lab_pbi_A5.60DebtDue2018Member_28FE1A8944DD949C22923048DD7639EB_documentation_en-US" xlink:label="lab_pbi_A5.60DebtDue2018Member_28FE1A8944DD949C22923048DD7639EB" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">5.60% Debt Due 2018 [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_A5.60DebtDue2018Member" xlink:label="loc_pbi_A5.60DebtDue2018Member_28FE1A8944DD949C22923048DD7639EB" xlink:type="locator" />
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    <link:label id="lab_pbi_DebtDue2019Member_F3B4652CD335EA7412C13048DD76F297_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2019Member_F3B4652CD335EA7412C13048DD76F297" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due March 2019</link:label>
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    <link:label id="lab_pbi_DebtDue2019Member_F3B4652CD335EA7412C13048DD76F297_documentation_en-US" xlink:label="lab_pbi_DebtDue2019Member_F3B4652CD335EA7412C13048DD76F297" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Due 2019</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_DebtDue2019Member" xlink:label="loc_pbi_DebtDue2019Member_F3B4652CD335EA7412C13048DD76F297" xlink:type="locator" />
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    <link:label id="lab_pbi_Debtdue2021Member_98C89A73ED34D2627CCB3048DD767FF9_terseLabel_en-US" xlink:label="lab_pbi_Debtdue2021Member_98C89A73ED34D2627CCB3048DD767FF9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due October 2021</link:label>
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    <link:label id="lab_pbi_Debtdue2021Member_98C89A73ED34D2627CCB3048DD767FF9_documentation_en-US" xlink:label="lab_pbi_Debtdue2021Member_98C89A73ED34D2627CCB3048DD767FF9" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt due 2021 [Member]</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_Debtdue2021Member" xlink:label="loc_pbi_Debtdue2021Member_98C89A73ED34D2627CCB3048DD767FF9" xlink:type="locator" />
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    <link:label id="lab_pbi_DebtDue2024Member_CFD5B4B72E5C891F0F6B3048DD7692C8_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2024Member_CFD5B4B72E5C891F0F6B3048DD7692C8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due March 2024</link:label>
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    <link:label id="lab_pbi_DebtDue2043Member_C40FDFA18D7743959C1C3048DD77E4D1_terseLabel_en-US" xlink:label="lab_pbi_DebtDue2043Member_C40FDFA18D7743959C1C3048DD77E4D1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Notes due March 2043</link:label>
    <link:label id="lab_pbi_DebtDue2043Member_C40FDFA18D7743959C1C3048DD77E4D1_label_en-US" xlink:label="lab_pbi_DebtDue2043Member_C40FDFA18D7743959C1C3048DD77E4D1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Due 2043 [Member]</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancialServicesRevenue" xlink:label="loc_us-gaap_FinancialServicesRevenue_2E70CD4D6B285BC9835165D37E6B8630" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialServicesRevenue_2E70CD4D6B285BC9835165D37E6B8630" xlink:to="lab_us-gaap_FinancialServicesRevenue_2E70CD4D6B285BC9835165D37E6B8630" xlink:type="arc" />
    <link:label id="lab_us-gaap_MaintenanceRevenue_9957D8F5B2746DB526D37BF92F7D5354_terseLabel_en-US" xlink:label="lab_us-gaap_MaintenanceRevenue_9382A48F90BC5EB283C0DC6DDB8CFDFE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Support services</link:label>
    <link:label id="lab_us-gaap_MaintenanceRevenue_9957D8F5B2746DB526D37BF92F7D5354_label_en-US" xlink:label="lab_us-gaap_MaintenanceRevenue_9382A48F90BC5EB283C0DC6DDB8CFDFE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maintenance Revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_MaintenanceRevenue" xlink:label="loc_us-gaap_MaintenanceRevenue_9382A48F90BC5EB283C0DC6DDB8CFDFE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaintenanceRevenue_9382A48F90BC5EB283C0DC6DDB8CFDFE" xlink:to="lab_us-gaap_MaintenanceRevenue_9382A48F90BC5EB283C0DC6DDB8CFDFE" xlink:type="arc" />
    <link:label id="lab_us-gaap_SalesRevenueServicesNet_0F058C29A98267CCCE137BF92F7DF77E_verboseLabel_en-US" xlink:label="lab_us-gaap_SalesRevenueServicesNet_539B99F15D4D5A0D885642244E3AE21F" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Business services</link:label>
    <link:label id="lab_us-gaap_SalesRevenueServicesNet_0F058C29A98267CCCE137BF92F7DF77E_label_en-US" xlink:label="lab_us-gaap_SalesRevenueServicesNet_539B99F15D4D5A0D885642244E3AE21F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Sales Revenue, Services, Net</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SalesRevenueServicesNet" xlink:label="loc_us-gaap_SalesRevenueServicesNet_539B99F15D4D5A0D885642244E3AE21F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SalesRevenueServicesNet_539B99F15D4D5A0D885642244E3AE21F" xlink:to="lab_us-gaap_SalesRevenueServicesNet_539B99F15D4D5A0D885642244E3AE21F" xlink:type="arc" />
    <link:label id="lab_us-gaap_Revenues_FDB53B8BCC251DD8432C7BF92F7D88A9_totalLabel_en-US" xlink:label="lab_us-gaap_Revenues_7E3B510AE5615C16894FF3B0290A4CE4" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total revenue</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_Revenues" xlink:label="loc_us-gaap_Revenues_7E3B510AE5615C16894FF3B0290A4CE4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Revenues_7E3B510AE5615C16894FF3B0290A4CE4" xlink:to="lab_us-gaap_Revenues_7E3B510AE5615C16894FF3B0290A4CE4" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostOfRevenueAbstract_2E624A69A3E9FDE311787BF92F7D510F_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfRevenueAbstract_6926B392F69B5C64AD2C3955A0384C49" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Costs and expenses:</link:label>
    <link:label id="lab_us-gaap_CostOfRevenueAbstract_2E624A69A3E9FDE311787BF92F7D510F_label_en-US" xlink:label="lab_us-gaap_CostOfRevenueAbstract_6926B392F69B5C64AD2C3955A0384C49" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Revenue [Abstract]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfRevenueAbstract" xlink:label="loc_us-gaap_CostOfRevenueAbstract_6926B392F69B5C64AD2C3955A0384C49" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostOfRevenueAbstract_6926B392F69B5C64AD2C3955A0384C49" xlink:to="lab_us-gaap_CostOfRevenueAbstract_6926B392F69B5C64AD2C3955A0384C49" xlink:type="arc" />
    <link:label id="lab_pbi_CostOfEquipmentSales_84DE86E3BA196CCEDA167BF92F7D17A9_terseLabel_en-US" xlink:label="lab_pbi_CostOfEquipmentSales_5AB1A3CC661552A6A5DDCBCD62E89892" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of equipment sales</link:label>
    <link:label id="lab_pbi_CostOfEquipmentSales_84DE86E3BA196CCEDA167BF92F7D17A9_label_en-US" xlink:label="lab_pbi_CostOfEquipmentSales_5AB1A3CC661552A6A5DDCBCD62E89892" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of equipment sales</link:label>
    <link:label id="lab_pbi_CostOfEquipmentSales_84DE86E3BA196CCEDA167BF92F7D17A9_documentation_en-US" xlink:label="lab_pbi_CostOfEquipmentSales_5AB1A3CC661552A6A5DDCBCD62E89892" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Includes the cost of equipment sold. This account may also include other cost of sales such as inventory adjustments, depreciation, gain (loss) on derivative instruments, etc.</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_CostOfEquipmentSales" xlink:label="loc_pbi_CostOfEquipmentSales_5AB1A3CC661552A6A5DDCBCD62E89892" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_CostOfEquipmentSales_5AB1A3CC661552A6A5DDCBCD62E89892" xlink:to="lab_pbi_CostOfEquipmentSales_5AB1A3CC661552A6A5DDCBCD62E89892" xlink:type="arc" />
    <link:label id="lab_pbi_CostOfSupplies_9E5621DC6696E451BFA87BF92F7D0B72_terseLabel_en-US" xlink:label="lab_pbi_CostOfSupplies_ACF1F2764C4B53BD8241D97E5BF13C5A" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of supplies</link:label>
    <link:label id="lab_pbi_CostOfSupplies_9E5621DC6696E451BFA87BF92F7D0B72_label_en-US" xlink:label="lab_pbi_CostOfSupplies_ACF1F2764C4B53BD8241D97E5BF13C5A" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of supplies</link:label>
    <link:label id="lab_pbi_CostOfSupplies_9E5621DC6696E451BFA87BF92F7D0B72_documentation_en-US" xlink:label="lab_pbi_CostOfSupplies_ACF1F2764C4B53BD8241D97E5BF13C5A" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Includes all costs associated with the sale of parts and supplies</link:label>
    <link:loc xlink:href="pbi-20170930.xsd#pbi_CostOfSupplies" xlink:label="loc_pbi_CostOfSupplies_ACF1F2764C4B53BD8241D97E5BF13C5A" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_pbi_CostOfSupplies_ACF1F2764C4B53BD8241D97E5BF13C5A" xlink:to="lab_pbi_CostOfSupplies_ACF1F2764C4B53BD8241D97E5BF13C5A" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostOfServicesLicensesAndMaintenanceAgreements_465A680289D640EDC6DE7BF92F7D6BD8_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfServicesLicensesAndMaintenanceAgreements_C6D235D65223553B86B7628CA7D5FAC5" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of software</link:label>
    <link:label id="lab_us-gaap_CostOfServicesLicensesAndMaintenanceAgreements_465A680289D640EDC6DE7BF92F7D6BD8_label_en-US" xlink:label="lab_us-gaap_CostOfServicesLicensesAndMaintenanceAgreements_C6D235D65223553B86B7628CA7D5FAC5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Services, Licenses and Maintenance Agreements</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfServicesLicensesAndMaintenanceAgreements" xlink:label="loc_us-gaap_CostOfServicesLicensesAndMaintenanceAgreements_C6D235D65223553B86B7628CA7D5FAC5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostOfServicesLicensesAndMaintenanceAgreements_C6D235D65223553B86B7628CA7D5FAC5" xlink:to="lab_us-gaap_CostOfServicesLicensesAndMaintenanceAgreements_C6D235D65223553B86B7628CA7D5FAC5" xlink:type="arc" />
    <link:label id="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_E4D6DFC1AB56CB7E7AC07BF92F7D2E79_terseLabel_en-US" xlink:label="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_D084639E18EC57088B97536EC027BB05" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of rentals</link:label>
    <link:label id="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_E4D6DFC1AB56CB7E7AC07BF92F7D2E79_label_en-US" xlink:label="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_D084639E18EC57088B97536EC027BB05" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Direct Costs of Leased and Rented Property or Equipment</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment" xlink:label="loc_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_D084639E18EC57088B97536EC027BB05" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_D084639E18EC57088B97536EC027BB05" xlink:to="lab_us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment_D084639E18EC57088B97536EC027BB05" xlink:type="arc" />
    <link:label id="lab_us-gaap_FinancingInterestExpense_540109333BB114AFCA9B7BF92F7D54A6_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingInterestExpense_ECA47CE69F2C59DBAE4FE5C7079DBAA9" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing interest expense</link:label>
    <link:label id="lab_us-gaap_FinancingInterestExpense_540109333BB114AFCA9B7BF92F7D54A6_label_en-US" xlink:label="lab_us-gaap_FinancingInterestExpense_ECA47CE69F2C59DBAE4FE5C7079DBAA9" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Interest Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_FinancingInterestExpense" xlink:label="loc_us-gaap_FinancingInterestExpense_ECA47CE69F2C59DBAE4FE5C7079DBAA9" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingInterestExpense_ECA47CE69F2C59DBAE4FE5C7079DBAA9" xlink:to="lab_us-gaap_FinancingInterestExpense_ECA47CE69F2C59DBAE4FE5C7079DBAA9" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostOfServicesMaintenanceCosts_F7F70CFFE66E5B81B7CA7BF92F7D481D_terseLabel_en-US" xlink:label="lab_us-gaap_CostOfServicesMaintenanceCosts_0436780ADBD850708A4389FF85998A77" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of support services</link:label>
    <link:label id="lab_us-gaap_CostOfServicesMaintenanceCosts_F7F70CFFE66E5B81B7CA7BF92F7D481D_label_en-US" xlink:label="lab_us-gaap_CostOfServicesMaintenanceCosts_0436780ADBD850708A4389FF85998A77" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cost of Services, Maintenance Costs</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_CostOfServicesMaintenanceCosts" xlink:label="loc_us-gaap_CostOfServicesMaintenanceCosts_0436780ADBD850708A4389FF85998A77" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CostOfServicesMaintenanceCosts_0436780ADBD850708A4389FF85998A77" xlink:to="lab_us-gaap_CostOfServicesMaintenanceCosts_0436780ADBD850708A4389FF85998A77" xlink:type="arc" />
    <link:label id="lab_us-gaap_OtherCostOfServices_3DEE2DFC8B4DF09653257BF92F7DCECB_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCostOfServices_53C93AD515565BBE878EF208D3208FAE" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cost of business services</link:label>
    <link:label id="lab_us-gaap_OtherCostOfServices_3DEE2DFC8B4DF09653257BF92F7DCECB_label_en-US" xlink:label="lab_us-gaap_OtherCostOfServices_53C93AD515565BBE878EF208D3208FAE" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Cost of Services</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_OtherCostOfServices" xlink:label="loc_us-gaap_OtherCostOfServices_53C93AD515565BBE878EF208D3208FAE" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCostOfServices_53C93AD515565BBE878EF208D3208FAE" xlink:to="lab_us-gaap_OtherCostOfServices_53C93AD515565BBE878EF208D3208FAE" xlink:type="arc" />
    <link:label id="lab_us-gaap_SellingGeneralAndAdministrativeExpense_00A0C415A748B8D7D1C17BF92F7D20CE_terseLabel_en-US" xlink:label="lab_us-gaap_SellingGeneralAndAdministrativeExpense_5FDC3266A4D651C88BB6E5AF0F7163A2" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Selling, general and administrative</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_SellingGeneralAndAdministrativeExpense" xlink:label="loc_us-gaap_SellingGeneralAndAdministrativeExpense_5FDC3266A4D651C88BB6E5AF0F7163A2" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SellingGeneralAndAdministrativeExpense_5FDC3266A4D651C88BB6E5AF0F7163A2" xlink:to="lab_us-gaap_SellingGeneralAndAdministrativeExpense_5FDC3266A4D651C88BB6E5AF0F7163A2" xlink:type="arc" />
    <link:label id="lab_us-gaap_ResearchAndDevelopmentExpense_F011971A27B83A1A142A7BF92F7D5BFD_terseLabel_en-US" xlink:label="lab_us-gaap_ResearchAndDevelopmentExpense_B42B4AE46F8E5DB39960F1140508834D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Research and development</link:label>
    <link:label id="lab_us-gaap_ResearchAndDevelopmentExpense_F011971A27B83A1A142A7BF92F7D5BFD_label_en-US" xlink:label="lab_us-gaap_ResearchAndDevelopmentExpense_B42B4AE46F8E5DB39960F1140508834D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Research and Development Expense</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_ResearchAndDevelopmentExpense" xlink:label="loc_us-gaap_ResearchAndDevelopmentExpense_B42B4AE46F8E5DB39960F1140508834D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ResearchAndDevelopmentExpense_B42B4AE46F8E5DB39960F1140508834D" xlink:to="lab_us-gaap_ResearchAndDevelopmentExpense_B42B4AE46F8E5DB39960F1140508834D" xlink:type="arc" />
    <link:label id="lab_us-gaap_RestructuringCostsAndAssetImpairmentCharges_9A98F72C7854AEB189E27BF92F7D1266_terseLabel_en-US" xlink:label="lab_us-gaap_RestructuringCostsAndAssetImpairmentCharges_EBAE9CB5CF595AFC817D43C740D22937" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restructuring charges and asset impairments, net</link:label>
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    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2017/elts/us-gaap-2017-01-31.xsd#us-gaap_InterestExpense" xlink:label="loc_us-gaap_InterestExpense_2DCC74DFE1DA5D8A8DEFAAF6EC1D682B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpense_2DCC74DFE1DA5D8A8DEFAAF6EC1D682B" xlink:to="lab_us-gaap_InterestExpense_2DCC74DFE1DA5D8A8DEFAAF6EC1D682B" xlink:type="arc" />
    <link:label id="lab_us-gaap_CostsAndExpenses_7C3965889FBF04AFDC9B7BF92F7D384A_totalLabel_en-US" xlink:label="lab_us-gaap_CostsAndExpenses_E281C28570DA58B5A125803E118DF233" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total costs and expenses</link:label>
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