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PITNEY BOWES INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Tabular dollars in thousands, except per share data)
51
The changes in the carrying amount of goodwill, by reporting segment, for the years ended December 31, 2010 and 2009 are as
follows:
Balance at
December 31,
2009 (1)
Acquired
during the
period Other (2)
Balance at
December 31,
2010
U.S. Mailing $ 217,459 $ - $ (887) $ 216,572
International Mailing 342,549 - (14,528) 328,021
Small & Medium Business Solutions 560,008 - (15,415) 544,593
Production Mail 138,474 - (2,143) 136,331
Software 633,938 47,354 (3,191) 678,101
Management Services 500,055 - (5,622) 494,433
Mail Services 259,632 - (530) 259,102
Marketing Services 194,797 - (564) 194,233
Enterprise Business Solutions 1,726,896 47,354 (12,050) 1,762,200
Total $ 2,286,904 $ 47,354 $ (27,465) $ 2,306,793
Balance at
December 31,
2008 (1)
Acquired
during the
period Other (2)
Balance at
December 31,
2009
U.S. Mailing $ 220,207 $ - $ (2,748) $ 217,459
International Mailing 322,230 - 20,319 342,549
Small & Medium Business Solutions 542,437 - 17,571 560,008
Production Mail 138,175 - 299 138,474
Software 623,995 - 9,943 633,938
Management Services 491,633 - 8,422 500,055
Mail Services 260,793 - (1,161) 259,632
Marketing Services 194,797 - - 194,797
Enterprise Business Solutions 1,709,393 - 17,503 1,726,896
Total $ 2,251,830 $ - $ 35,074 $ 2,286,904
(1) Prior year amounts have been reclassified to conform to the current year presentation.
(2) “Other” primarily includes foreign currency translation adjustments.