FINANCIAL DATA SCHEDULE.
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 #3 FIXED ASSETS AND STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<CASH> 75,106
<SECURITIES> 639
<RECEIVABLES> 439,185
<ALLOWANCES> 16,909
<INVENTORY> 430,641
<CURRENT-ASSETS> 2,083,744
<PP&E> 1,218,016
<DEPRECIATION> 639,366
<TOTAL-ASSETS> 7,399,720
<CURRENT-LIABILITIES> 3,978,469
<BONDS> 779,217
<COMMON> 323,338
<PREFERRED-MANDATORY> 0
<PREFERRED> 2,838
<OTHER-SE> 1,418,893
<TOTAL-LIABILITY-AND-EQUITY> 7,399,720
<SALES> 1,418,304
<TOTAL-REVENUES> 3,270,613
<CGS> 828,221
<TOTAL-COSTS> 1,294,291
<OTHER-EXPENSES> 1,220,674
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 189,141
<INCOME-PRETAX> 566,507
<INCOME-TAX> 218,077
<INCOME-CONTINUING> 348,430
<DISCONTINUED> 45,161
<EXTRAORDINARY> 0
<CHANGES> (119,532)<F1>
<NET-INCOME> 274,059
<EPS-PRIMARY> 1.74
<EPS-DILUTED> 1.74
<FN>
<F1>Includes a change in accounting for postemployment benefits.
</FN>
</TABLE>