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In Pictures: Top tech hoarders - 15 companies with...
Cisco is sitting on a $50.6 billion cash pile ($7.9 billion in cash and cash equivalents and $42.7 billion in investments). It also carries $13 billion in long-term debt. During fiscal year 2013, ended July 27, Cisco paid $3.3 billion in cash dividends. In the big picture, the company has spent $78.9 billion on buybacks since the inception of its stock repurchase program in September 2001.
In Pictures: Top tech hoarders - 15 companies with huge cash piles