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-31-1999
<PERIOD-END> MAR-31-1999
<CASH> 129,687
<SECURITIES> 1,654
<RECEIVABLES> <F1> 2,039,111
<ALLOWANCES> <F1> 76,781
<INVENTORY> 260,727
<CURRENT-ASSETS> 2,705,057
<PP&E> <F2> 2,887,401
<DEPRECIATION> <F2> 1,582,946
<TOTAL-ASSETS> 7,842,303
<CURRENT-LIABILITIES> 2,932,377
<BONDS> 1,710,427
<COMMON> 323,338
<PREFERRED-MANDATORY> 310,000
<PREFERRED> 2,010
<OTHER-SE> 1,260,028
<TOTAL-LIABILITY-AND-EQUITY> 7,842,303
<SALES> 510,382
<TOTAL-REVENUES> 1,081,822
<CGS> 296,719
<TOTAL-COSTS> 436,200
<OTHER-EXPENSES> 25,904
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 48,151
<INCOME-PRETAX> 215,080
<INCOME-TAX> 72,809
<INCOME-CONTINUING> 142,271
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 142,271
<EPS-PRIMARY> 0.53
<EPS-DILUTED> 0.52
<FN>
<F1> Receivables are comprised of gross trade receivables of $444,669 and
short-term finance receivables of $1,594,442. Allowances are comprised of
allowances for trade receivables of $25,667 and for short-term finance
receivables of $51,114. <F2> Property, plant and equipment are comprised of
gross fixed assets of $1,160,064 and rental equipment and related inventories of
$1,727,337. Depreciation is comprised of depreciation on fixed assets of
$685,079 and on rental equipment and related inventories of $897,867.
</FN>
</TABLE>