<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM PITNEY BOWES INC. CONSOLIDATED BALANCE SHEET, CONSOLIDATED STATEMENT OF INCOME, CORRESPONDING FOOTNOTE #3 FIXED ASSETS AND STATEMENT RE COMPUTATION OF PER SHARE EARNINGS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1994 <CASH> 65,017 <SECURITIES> 699 <RECEIVABLES> 413,009 <ALLOWANCES> 19,183 <INVENTORY> 432,914 <CURRENT-ASSETS> 1,967,563 <PP&E> 1,195,471 <DEPRECIATION> 634,409 <TOTAL-ASSETS> 6,971,766 <CURRENT-LIABILITIES> 3,466,161 <BONDS> 803,235 <COMMON> 323,338 <PREFERRED-MANDATORY> 0 <PREFERRED> 2,872 <OTHER-SE> 1,505,907 <TOTAL-LIABILITY-AND-EQUITY> 6,971,766 <SALES> 1,002,514 <TOTAL-REVENUES> 2,370,104 <CGS> 585,424 <TOTAL-COSTS> 927,680 <OTHER-EXPENSES> 883,924 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 136,118 <INCOME-PRETAX> 422,382 <INCOME-TAX> 168,367 <INCOME-CONTINUING> 254,015 <DISCONTINUED> 32,492 <EXTRAORDINARY> 0 <CHANGES> (119,532)<F1> <NET-INCOME> 166,975 <EPS-PRIMARY> 1.05 <EPS-DILUTED> 1.05 <FN> <F1>Includes a change in accounting for postemployment benefits. </FN>