ARTICLE 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 #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> 3-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> MAR-31-1995
<CASH> 86,559
<SECURITIES> 685
<RECEIVABLES> 430,285
<ALLOWANCES> 18,987
<INVENTORY> 442,730
<CURRENT-ASSETS> 2,103,001
<PP&E> 1,242,659
<DEPRECIATION> 657,045
<TOTAL-ASSETS> 7,494,537
<CURRENT-LIABILITIES> 4,027,232
<BONDS> 777,819
<COMMON> 323,338
<PREFERRED-MANDATORY> 0
<PREFERRED> 2,759
<OTHER-SE> 1,466,287
<TOTAL-LIABILITY-AND-EQUITY> 7,494,537
<SALES> 363,396
<TOTAL-REVENUES> 838,912
<CGS> 212,726
<TOTAL-COSTS> 318,937
<OTHER-EXPENSES> 310,904
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 59,085
<INCOME-PRETAX> 149,986
<INCOME-TAX> 53,997
<INCOME-CONTINUING> 95,989
<DISCONTINUED> 10,322
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 106,311
<EPS-PRIMARY> .70
<EPS-DILUTED> .70
</TABLE>