Dew,
Thanks for the answer. But I still don't see how $38B of foreign profits could be repatriated with all of it being currently contained within Current Assets.
i.e. Substantially all of the following Current Assets would have to be offshore. That strikes me as highly unlikely if not ridiculous! If the $38B is in the Balance Sheet, I still have no idea where most of it could be hiding. I suspect, it's not there.
Cash/Equivalents $1,808
ST Investments 18,085
Accounts Rcvbl. 9,572
Doubtful Account (205)
ST Loans 653
Inventories —
Finished Goods 2,850
Work in Progress 2,496
Raw Materials 1,314
Prepaid/Taxes 2,939
Disc. Operation 182
Total Current Assets 39,694
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