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This excerpt taken from the PBI 10-K filed Feb 26, 2009. Other (Income) Expense In 2007 and 2006, we recorded pre-tax gains of approximately $3 million and $5 million, respectively, related to a revised liability estimate associated with the settlement of a previous lawsuit and net pre-tax charges of approximately $3 million in 2007 and $2 million in 2006 for other legal matters. These amounts are included in other (income) expense in the Consolidated Statements of Income. 19 This excerpt taken from the PBI 10-K filed Feb 29, 2008. Other (Income) Expense In 2007 and 2006, we recorded pre-tax gains of approximately $3 million and $5 million, respectively, related to a revised liability estimate associated with the settlement of a previous lawsuit and net pre-tax charges of approximately $3 million in 2007 and $2 million in 2006 for other legal matters. In 2005, we contributed $10 million to the Pitney Bowes Literacy and Education Fund and the Pitney Bowes Employee Involvement Fund. These amounts are included in other (income) expense in the Consolidated Statements of Income. This excerpt taken from the PBI 10-K filed Mar 1, 2007. Other Income (Expense) Charitable contributions In 2005 we contributed $10 million ($6 million after-tax) to the Pitney Bowes Literacy and Education Fund and the Pitney Bowes Employee Involvement Fund. 18 Legal settlements, net In 2004, we recorded a pre-tax charge of approximately $20 million associated with the settlement of lawsuits related to a program we offered to some of our leasing customers to replace equipment if it was lost, stolen or destroyed. The $20 million charge related to the following settlement costs: award certificates to be provided to members of the class for purchase of office products through our diverse supply line; and the cost of legal fees and related expenses. In 2006, we recorded a pre-tax gain of $5 million related to a revised liability estimate associated with this settlement and a pre-tax charge of $2 million for other legal matters. | EXCERPTS ON THIS PAGE:
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