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About 88% of Cisco's cash is overseas. That's the reason John Chambers was a vocal proponent of changing tax laws in favor of repatriating overseas cash. On page 60 of the 10-K the company lays out what is held where:

https://www.sec.gov/Archives/edgar/data/858877/0000858877150...


Yes, the overseas cash is another reason I consider the cash largely trapped at the company level, at least in the near to medium term.


Mike
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