Bloomberg: U.S. Firms Hold Record $1.64 Trillion in Cash With Apple in Lead

Please read the entire article. There is actually some good news at the very end: $800B+ in capital spending and $300B+ in dividend payouts last year. That will help the money circulate a little bit. I wonder how much cash is generated annually to enable such large stockpiles and payouts…

From Bloomberg, Mar 31, 2014, 8:36:53 AM

U.S. companies outside of the finance industry are holding more cash on their balance sheets than ever, with $1.64 trillion at the end of 2013.

To read the entire article, go to http://www.bloomberg.com/news/2014-03-31/apple-leads-u-s-companies-holding-record-1-64-trillion.html
Sent from the Bloomberg iPhone application. Download the free application at http://itunes.apple.com/us/app/bloomberg/id281941097?mt=8

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