Unrepatriated foreign profits of top 50 major U.S. corporations, 2013–2015 (millions)

Unrepatriated income (millions)
Company 2015 2014 2013 State headquarters
Apple $200,100 $157,800 $111,300 California
Pfizer 193,587 175,798 162,264 New York
Microsoft 108,300 92,900 76,400 Washington
General Electric 104,000 119,000 110,000 Connecticut
International Business Machines 68,100 61,400 52,300 New York
Merck 59,200 60,000 57,100 New Jersey
Google 58,300 47,400 38,900 California
Cisco Systems 58,000 52,700 48,000 California
Johnson & Johnson 58,000 53,400 50,900 New Jersey
Exxon Mobil 51,000 51,000 47,000 Texas
Hewlett-Packard 47,200 42,900 38,200 California
Chevron 45,400 35,700 31,300 California
Citigroup 45,200 43,800 43,800 New York
Procter & Gamble 45,000 44,000 42,000 Ohio
PepsiCo 40,200 37,800 34,100 New York
Oracle 38,000 32,400 26,200 California
J.P. Morgan Chase & Co. 34,600 31,100 28,500 New York
Amgen 32,600 29,300 25,500 California
Coca-Cola 31,900 33,300 30,600 Georgia
United Technologies 29,000 28,000 25,000 Connecticut
Qualcomm 28,800 25,700 21,600 California
Goldman Sachs Group 28,550 24,880 22,540 New York
Gilead Sciences 28,500 15,600 8,550 California
Medtronic 27,837 20,529 20,499 Minnesota
Intel 26,900 23,300 20,000 California
Eli Lilly 26,500 25,700 23,740 Indiana
Abbvie 25,000 23,000 21,000 Illinois
Bristol-Myers Squibb 25,000 24,000 24,000 New York
Danaher 23,500 11,800 10,600 District of Columbia
Wal-Mart Stores 23,300 21,400 19,200 Arkansas
Abbott Laboratories 22,400 23,000 24,000 Illinois
Dow Chemical 18,773 18,037 16,139 Michigan
Bank of America Corp. 18,000 17,200 17,000 North Carolina
Caterpillar 17,000 18,000 17,000 Illinois
Honeywell International 16,600 15,000 13,500 New Jersey
DuPont 16,053 17,226 15,978 Delaware
McDonald’s 14,900 15,400 16,100 Illinois
Kraft Foods 13,200 12,400 10,300 Illinois
3M 12,000 11,200 9,700 Minnesota
EMC 11,800 11,800 10,200 Massachusetts
Corning 11,000 10,300 12,400 New York
Praxair 11,000 10,400 9,300 Connecticut
Berkshire Hathaway 10,400 10,000 9,300 Nebraska
Morgan Stanley 10,209 7,364 6,675 New York
American Express 9,900 9,700 9,600 New York
Occidental Petroleum 9,900 9,900 10,600 Texas
Priceline.com 9,900 7,300 4,900 Connecticut
Celgene 9,667 7,541 6,129 New Jersey
Archer Daniels Midland 9,600 8,600 7,500 Illinois
Western Digital 9,400 8,200 6,800 California

Source: ATF and EPI analysis of CTJ (2016a)

View the underlying data on epi.org.