claim: "today, american companies have nearly $2 trillion sitting on their balance sheets."
author: barack obama
evidence_1: feb 24, 2016 ... corporate profits are near an all-time high. public companies have nearly $2  trillion in cash just sitting on their balance sheets. corporate america has the  resources to deploy a large amount of capital and invest in new technologies and  innovations that can drive growth. instead, they just keep spending ...
evidence_2: jan 20, 2016 ... the mystery is as follows: collectively, american businesses currently have $1.9  trillion in cash, just sitting around. not only is this state of ... when apple or  google enter negotiations to buy a smaller company, any other firm considering a  competing offer may be scared off by their nearly infinite resources.
evidence_3: may 25, 2017 ... the more than 500 investment-grade companies that aren't among the top 25  have cash-to-debt ratios more similar to those of speculative-grade issuers than  to those in the top 1%. their collective cash-to-debt ratio now stands near a  decade low of 21%, indicating a balance sheet of $5 of debt for every $1 ...
evidence_4: jan 9, 2014 ... this gives corporations an enormous incentive to shift profits onto the balance  sheets of their foreign subsidiaries and leave them there as long as possible.  recent analysis indicates that u.s. corporations are currently holding as much as  $2 trillion in untaxed profits booked as offshore income. offshore ...
evidence_5: apr 22, 2016 ... #4) there are some unintended consequences to lowering the debt. as uncle  sam has fallen deeper into the red in the aftermath of the global financial crisis,  the balance sheets of corporations and individuals have improved significantly.  u.s. companies, in fact, are sitting on a record $2 trillion in cash.