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Tech Companies With Most Cash Stashed Abroad

Tech Companies With Most Cash Stashed Abroad – US multinational firms are holding more than $2 trillion of their money overseas, JP Morgan wrote in the latest report. Among the S&P 500, roughly $589 billion, or 63% of their whole cash, was tied in international countries, it said. It makes sense for companies to leave their cash overseas because they’d otherwise get taxed once more on the money they carry into the US. One thing that stands out is that tech companies make up more than half of the top 25 firms with the most cash overseas, and almost all of the top 10.

This is partly as a result of tech companies make lots of sales overseas, and tend to have decrease operational costs than (for instance) retailers or manufacturers, so that they often preserve a lot of cash on hand.

Tech Companies With Most Cash Stashed Abroad

Apple, $157.8 billion cash

  • Marketable securities and Total cash: $178.0 billion
  • Total cash held abroad: $157.8 billion (89% of total)
  • Untaxed foreign earnings: $69.7 billion
  • Total revenue (2014): $74.5 billion

Microsoft, $92.9 billion cash

  • Marketable securities and Total cash: $90.2 billion
  • Total cash held abroad: $82.1 billion (91% of total)
  • Untaxed foreign earnings: $92.9 billion
  • Total revenue (2014): $26.4 billion

Oracle, $40.3 billion cash

  • Marketable securities and Total cash: $44.7 billion
  • Total cash held abroad: $40.3 billion (90% of total)
  • Untaxed foreign earnings: $40.3 billion
  • Total revenue (2014): $9.3 billion

Google, $38.7 billion cash

  • Marketable securities and Total cash: $64.4 billion
  • Total cash held abroad: $38.7 billion (60% of total)
  • Untaxed foreign earnings: $47.4 billion
  • Total revenue (2014): $18.1 billion

Qualcomm, $27.5 billion in cash

  • Marketable securities and Total cash: $31.6 billion
  • Total cash held abroad: $27.5 billion (87% of total)
  • Untaxed foreign earnings: $27.5 billion
  • Total revenue (2014): $7.1 billion

HP, $15.1 billion cash

  • Marketable securities and Total cash: $15.1 billion
  • Total cash held abroad: $15.1 billion (100% of total)
  • Untaxed foreign earnings: $42.9 billion
  • Total revenue (2014): $26.8 billion

eBay, $10.1 billion cash

  • Marketable securities and Total cash: $14.6 billion
  • Total cash held abroad: $10.1 billion (69% of total)
  • Untaxed foreign earnings: $7.9 billion
  • Total revenue (2014): $4.9 billion

Intel, $9.7 billion cash

  • Marketable securities and Total cash: $12.0 billion
  • Total cash held abroad: $9.7 billion (81% of total)
  • Untaxed foreign earnings: $23.3 billion
  • Total revenue (2014): $14.7 billion

EMC, $9.7 billion cash

  • Marketable securities and Total cash: $15.4 billion
  • Total cash held abroad: $9.7 billion (63% of total)
  • Untaxed foreign earnings: $10.2 billion
  • Total revenue (2014): $24.4 billion

Priceline, $6.9 billion cash

  • Marketable securities and Total cash: $9.0 billion
  • Total cash held abroad: $6.9 billion (77% of total)
  • Untaxed foreign earnings: $7.3 billion
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