Pitney Bowes 2007 Annual Report Download - page 73

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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share data)
55
The changes in the carrying amount of goodwill, by reporting segment, for the years ended December 31, 2007 and 2006 are
as follows:
Balance at
December 31,
2006
Acquired
during the
period
Other
Balance at
December 31,
2007
U.S. Mailing ............................................ $ 84,380 $ 13,703 $ 31,100 $ 129,183
International Mailing ............................... 392,434 2,486 8,908 403,828
Production Mail ....................................... 102,848 4,165 3,587 110,600
Software................................................... 340,062 355,189 1,440 696,691
Mailstream Solutions................................. 919,724 375,543 45,035 1,340,302
Management Services .............................. 429,990 28,668 2,931 461,589
Mail Services ........................................... 216,709 8,524 4,554 229,787
Marketing Services .................................. 224,734 41,831 1,615 268,180
Mailstream Services................................... 871,433 79,023 9,100 959,556
Total........................................................... $ 1,791,157 $ 454,566 $ 54,135 $ 2,299,858
Balance at
December 31,
2005
Acquired
during the
period
Other
Balance at
December 31,
2006
U.S. Mailing ............................................ $ 56,095 $ 29,686 $ (1,401) $ 84,380
International Mailing ............................... 355,947 5,072 31,415 392,434
Production Mail ....................................... 94,879 4,773 3,196 102,848
Software................................................... 314,306 26,620 (864) 340,062
Mailstream Solutions ................................. 821,227 66,151 32,346 919,724
Management Services .............................. 383,640 41,304 5,046 429,990
Mail Services ........................................... 211,686 5,767 (744) 216,709
Marketing Services .................................. 195,233 29,937 (436) 224,734
Mailstream Services................................... 790,559 77,008 3,866 871,433
Total........................................................... $ 1,611,786 $ 143,159 $ 36,212 $ 1,791,157
“Other” includes the impact of foreign currency translations.
7. Current Liabilities
Accounts payable, accrued liabilities, notes payable and current portion of long-term obligations are composed of the
following:
December 31,
2007
2006
Accounts payable-trade................................................................ $ 329,928 $ 307,134
Reserve account deposits............................................................. 522,193 459,527
Accrued salaries, wages and commissions .................................. 276,154 254,454
Accrued restructuring charges ..................................................... 91,713 33,549
Accrued nonpension postretirement benefits ............................... 27,728 30,849
Miscellaneous accounts payable and accrued liabilities .............. 717,851 591,988
Accounts payable and accrued liabilities..................................... $ 1,965,567 $ 1,677,501
Notes payable .............................................................................. $ 405,213 $ 489,706
Current portion of long-term debt and capital leases................... 548,554 834
Notes payable and current portion of long-term obligations........ $ 953,767 $ 490,540