Form: 10-Q

Quarterly report [Sections 13 or 15(d)]

ART. 5 FDS FOR 2ND 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> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<CASH> 132,693
<SECURITIES> 949
<RECEIVABLES> <F1> 1,988,458
<ALLOWANCES> <F1> 73,625
<INVENTORY> 259,858
<CURRENT-ASSETS> 2,548,013
<PP&E> <F2> 2,919,798
<DEPRECIATION> <F2> 1,610,609
<TOTAL-ASSETS> 7,773,127
<CURRENT-LIABILITIES> 2,627,244
<BONDS> 1,898,942
<COMMON> 323,338
<PREFERRED-MANDATORY> 310,000
<PREFERRED> 1,974
<OTHER-SE> 1,228,795
<TOTAL-LIABILITY-AND-EQUITY> 7,773,127
<SALES> 1,056,752
<TOTAL-REVENUES> 2,154,756
<CGS> 603,070
<TOTAL-COSTS> 831,446
<OTHER-EXPENSES> 53,602
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 94,167
<INCOME-PRETAX> 443,110
<INCOME-TAX> 147,131
<INCOME-CONTINUING> 295,979
<DISCONTINUED> (23,967)
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 272,012
<EPS-BASIC> 1.01
<EPS-DILUTED> 0.99
<FN>
<F1> Receivables are comprised of gross trade receivables of $441,285 and
short-term finance receivables of $1,547,173. Allowances are comprised of
allowances for trade receivables of $24,983 and for short-term finance
receivables of $48,642.
<F2> Property, plant and equipment are comprised of gross fixed assets of
$1,164,718 and rental equipment and related inventories of $1,755,080.
Depreciation is comprised of depreciation on fixed assets of $697,705 and on
rental equipment and related inventories of $912,904.
</FN>


</TABLE>