PITNEY BOWES INC PBI Income Statement

Pitney bowes inc (PBI)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue:
Revenue from contracts with customers
3,206	3,205	3,135	3,105	3,110	3,211	3,438	3,411	3,276	3,216	2,762	2,867	2,973	2,981	3,456	3,486	3,531	3,578	3,625	3,697	3,774	3,821	3,848	3,827	3,819	3,791	3,267	3,297	3,512	3,823	3,429	3,779	3,927	4,030	5,206	5,252	5,235	5,260	5,445	5,456	5,537	5,569	5,662	5,893	0	0	0
Costs and expenses:
Selling, general and administrative
990	1,003	963	950	961	1,002	987	1,033	1,027	1,029	1,099	1,112	1,118	1,140	1,257	1,265	1,292	1,279	1,286	1,318	1,341	1,378	1,393	1,404	1,419	1,420	1,390	1,409	1,435	1,489	1,445	1,501	1,553	1,574	1,706	1,713	1,707	1,724	1,788	1,788	1,793	1,800	1,802	1,863	0	0	0
Research and development
50	51	42	45	46	58	33	46	53	60	109	108	112	107	116	116	110	110	112	109	109	109	109	108	107	110	97	102	109	114	119	124	128	129	146	149	150	156	161	167	176	182	191	199	0	0	0
Restructuring charges
69	69	65	24	28	25	33	29	43	44	40	55	55	60	60	44	32	25	76	80	74	84	53	83	94	84	53	18	0	-	0	0	-	118	142	143	187	181	138	117	69	48	62	68	0	0	0
Goodwill impairment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Interest expense, net
109	110	110	108	110	115	125	127	124	117	108	102	95	88	84	82	82	87	88	90	90	90	91	95	104	109	113	114	114	115	116	118	116	115	115	115	116	115	112	110	111	111	114	117	0	0	0
Other components of net pension and postretirement income
-3	-4	25	24	23	22	-4	-1	2	5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	6	6	6	5	5	4	3	2	3	3	4	4	6	9	0	0	0
Other expense, net
40	24	18	25	25	7	7	0	0	-	0	-	-	-	-	-	-	-	0	0	-	45	53	69	69	32	25	25	29	1	-8	-18	-23	-19	-10	0	0	-	0	-	-	-	-	-	-	-	-
Total costs and expenses
3,413	3,177	3,100	3,006	2,986	3,023	2,833	2,795	2,676	2,590	2,651	2,720	2,774	2,779	3,040	3,028	2,957	2,967	3,046	3,113	3,262	3,390	3,408	3,441	3,462	3,407	2,923	2,916	3,080	3,311	2,911	3,285	3,435	3,565	4,663	4,666	4,704	4,704	4,871	4,857	4,863	4,875	4,960	5,153	0	0	0
(Loss) income from continuing operations before taxes
-206	27	34	99	123	188	212	223	207	233	110	147	198	201	415	458	574	610	578	583	512	431	440	386	356	383	344	380	432	511	517	494	492	465	542	585	530	556	574	599	674	693	701	740	0	0	0
(Benefit) provision for income taxes
-30	-13	-30	-8	-4	6	-13	-0	-7	4	56	68	101	106	137	157	176	189	178	161	155	112	105	90	68	77	67	87	116	114	50	2	2	28	135	199	181	213	203	213	241	240	261	274	0	0	0
Amounts attributable to common stockholders:
Loss from continuing operations
-175	40	65	107	127	181	0	0	0	-	-	-	-	-	0	0	-	402	381	403	338	300	316	277	270	287	259	274	297	379	449	473	471	418	388	367	330	324	349	363	411	431	419	445	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	-	-	0	0	0	-	-	0	0	-	421	399	421	356	318	334	295	288	305	277	292	316	397	467	491	490	437	407	386	348	342	371	385	433	453	440	465	0	0	0
Income (loss) from discontinued operations, net of tax
164	154	2	43	51	60	55	34	40	0	0	0	-	-	0	0	-	5	2	23	31	33	45	-54	-150	-144	-96	-29	56	66	143	214	218	198	34	-28	-30	-31	0	0	0	-	0	0	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	111	281	305	403	426	402	445	388	352	379	241	138	161	181	263	372	463	610	706	708	635	441	357	317	310	358	372	424	444	434	459	0	0	0
Less: Preferred stock dividends of subsidiaries attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	19	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	18	-18	-18	-18	-18	18	18	18	18	21	21	21	21	20	20	0	0	0
Net loss
0	-	49	133	0	-	281	258	256	261	87	95	99	92	263	287	385	407	384	427	369	333	361	223	120	142	163	245	353	445	592	688	689	617	423	339	299	292	318	333	393	423	432	457	0	0	0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
164	154	2	43	51	60	55	34	40	0	0	0	-	-	0	0	-	5	2	23	31	33	45	-54	-150	-144	-96	-29	56	66	143	214	218	198	34	-28	-30	-31	0	0	0	-	0	0	0	0	0
(Loss) gain from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Net income - Pitney Bowes Inc.
0	-	49	133	0	-	281	258	256	261	87	95	99	92	263	287	385	407	384	427	369	333	361	223	120	142	163	245	353	445	592	688	689	617	423	339	299	292	318	333	393	423	432	457	0	0	0
Basic earnings (loss) per share:
Pitney Bowes Inc. net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Continuing operations (in dollars per share)
-1.28	0.04	0.03	0.17	-0.01	0.17	0.25	0.27	0.28	0.41	0.24	0.22	-	-	0.35	0.29	-	0.40	0.45	0.76	0.40	0.30	0.55	0.43	0.21	0.37	0.36	0.40	0.30	0.23	0.44	0.52	0.70	0.58	0.56	0.50	0.43	0.42	0.44	0.31	0.40	0.55	0.51	0.54	0.49	0.48	0.63
Discontinued operations (in dollars per share)
0.06	0.97	-0.05	-0.04	0.00	0.09	0.17	0.01	0.05	0.07	0.06	0.04	-	-	0.00	-0.01	-	0.03	0.00	0.00	0.00	0.03	0.10	0.03	0.01	0.07	-0.39	-0.44	0.04	0.32	-0.06	-0.02	0.09	0.69	0.30	0.00	-0.01	-0.11	-0.01	-0.01	-0.02	-0.06	-0.01	0.02	0.01	-0.01	-0.01
Net loss (in dollars per share)
-1.22	1.00	-0.02	0.13	-0.01	0.26	0.43	0.28	0.32	0.48	0.31	0.26	0.35	-0.45	0.35	0.29	0.30	0.44	0.45	0.75	0.40	0.31	0.65	0.47	0.22	0.45	-0.03	-0.05	0.34	0.55	0.38	0.50	0.79	1.28	0.86	0.50	0.42	0.31	0.43	0.30	0.38	0.47	0.50	0.57	0.51	0.47	0.62
Diluted earnings (loss) per share:
Continuing operations (in dollars per share)
-1.28	0.04	0.03	0.17	-0.01	0.17	0.25	0.27	0.27	0.41	0.24	0.22	-	-	0.35	0.29	-	0.41	0.44	0.75	0.40	0.28	0.55	0.43	0.21	0.38	0.36	0.39	0.29	0.23	0.44	0.51	0.70	0.58	0.56	0.50	0.43	0.42	0.44	0.31	0.40	0.54	0.51	0.54	0.49	0.48	0.63
Discontinued operations (in dollars per share)
0.06	0.96	-0.05	-0.04	0.00	0.09	0.17	0.01	0.05	0.07	0.06	0.04	-	-	0.00	-0.01	-	0.03	0.00	0.00	0.00	0.03	0.10	0.03	0.01	0.08	-0.39	-0.44	0.04	0.32	-0.06	-0.02	0.09	0.69	0.30	0.00	-0.01	-0.11	-0.01	-0.01	-0.02	-0.06	-0.01	0.02	0.01	-0.01	-0.01
Net loss income (in dollars per share)
-1.22	1.00	-0.02	0.13	-0.01	0.26	0.43	0.27	0.32	0.48	0.31	0.26	0.35	-0.44	0.35	0.28	0.30	0.44	0.44	0.75	0.40	0.31	0.65	0.46	0.22	0.45	-0.03	-0.05	0.33	0.54	0.38	0.50	0.79	1.29	0.85	0.49	0.42	0.30	0.43	0.30	0.38	0.47	0.50	0.57	0.50	0.47	0.61
Dividends declared per share of common stock (in dollars per share)
-	-	-	-	-	-	-	-	-	-	0.18	0.18	0.18	-	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	0.18	-	0.18	0.18	-	-	0.37	0.37	-	-	-	-	-	-	0.36	0.36	0.36	-	0.36	0.36	0.36	0.35	0.35
Business services
Revenue from contracts with customers
1,748	1,710	1,688	1,634	1,585	1,566	1,520	1,385	1,234	1,071	892	863	846	827	818	809	801	801	792	799	799	778	750	712	670	631	194	185	362	593	171	444	535	579	1,542	1,556	1,560	1,578	1,763	1,771	1,791	1,804	1,826	1,866	0	0	0
Revenue
1,748	1,710	1,688	1,634	1,585	1,566	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products and sales
1,437	1,389	1,364	1,313	1,265	1,233	1,171	1,051	913	770	622	596	583	568	557	547	541	546	543	556	555	544	533	503	476	449	87	77	211	396	46	269	353	399	1,154	1,164	1,176	1,173	1,352	1,351	1,359	1,382	1,404	1,451	0	0	0
Support services
Revenue from contracts with customers
499	506	517	529	540	552	732	669	603	581	212	260	320	329	522	535	543	554	569	587	606	625	635	640	642	646	636	653	664	675	682	680	686	691	711	711	710	711	714	716	720	714	724	742	0	0	0
Revenue
499	506	517	529	540	552	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products and sales
160	162	167	172	174	178	153	146	146	173	96	131	164	166	302	307	314	322	333	346	361	377	387	393	396	400	385	394	407	419	422	429	432	432	458	456	452	451	448	455	464	467	470	467	0	0	0
Financing
Revenue from contracts with customers
0	0	0	0	0	0	0	0	0	-	-	0	354	-	379	392	401	410	414	422	428	432	436	439	445	448	445	458	468	481	496	508	521	535	523	544	565	587	642	656	674	694	724	750	0	0	0
Revenue
360	368	380	386	391	394	375	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products and sales
45	44	44	44	44	44	40	42	44	46	52	52	53	55	58	63	67	71	73	75	77	78	80	79	78	77	73	73	75	77	78	80	81	83	89	90	89	88	89	91	95	97	101	105	0	0	0
Equipment sales
Revenue from contracts with customers
76	80	83	85	87	88	0	0	0	-	-	0	483	-	684	675	688	695	707	721	747	770	806	826	859	867	815	818	817	840	847	869	888	909	1,015	1,039	1,024	1,022	998	978	1,007	1,000	1,011	1,097	0	0	0
Revenue
338	352	371	370	378	395	392	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of equipment sales
237	244	244	236	237	236	241	238	230	238	137	174	201	203	334	326	327	331	336	348	358	365	389	387	410	422	375	381	375	378	372	375	372	390	465	481	478	469	439	432	451	450	488	548	0	0	0
Supplies
Revenue from contracts with customers
182	187	194	200	209	218	218	221	224	231	222	230	236	241	271	281	286	288	286	288	293	300	300	297	292	285	278	276	275	279	279	286	294	301	314	317	316	318	322	328	333	336	350	368	0	0	0
Revenue
182	187	194	200	209	218	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products and sales
48	49	51	53	57	60	60	61	61	66	57	62	66	65	83	84	86	88	89	90	92	93	92	91	90	89	86	86	84	85	86	88	93	95	98	99	97	97	98	98	95	93	94	97	0	0	0
Software
Revenue from contracts with customers
-	-	-	0	-	-	-	343	0	-	321	316	325	325	361	369	378	386	400	414	424	429	425	411	403	398	396	391	395	412	410	430	431	426	438	423	406	390	387	376	375	371	354	376	0	0	0
Revenue
-	-	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of products and sales
-	-	-	0	-	-	-	97	93	-	89	91	94	96	107	109	110	113	115	118	123	123	123	123	116	110	120	120	119	115	119	114	114	118	100	101	97	93	93	89	89	88	86	93	0	0	0
Rentals
Revenue from contracts with customers
0	0	0	0	0	0	0	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue
77	80	78	80	81	84	161	0	0	-	0	-	406	410	417	423	431	441	453	463	475	484	493	499	506	512	502	513	529	540	542	559	569	586	661	658	652	651	616	628	634	647	670	692	0	0	0
Cost of products and sales
28	31	30	34	34	37	1	13	25	33	81	77	74	74	76	81	83	84	86	88	92	97	98	99	99	100	98	98	105	109	111	122	126	131	155	156	154	155	152	156	160	158	150	149	0	0	0