Or consider it this way. Tax laws are such that it is CHEAPER TO BORROW MONEY than to repatriate the cash.
Borrowing billions of dollars at 5% costs LESS than bringing in a billion dollars.
That right there is indicative that our business tax laws are pretty messed up. The problem of having the highest corporate tax rates in the developed world - nearly double that of the OECD average - is a situation that will hopefully be resolved in the next year to the betterment of ALL US companies.
To spot the expert, pick the one who predicts the job will take the longest and cost the most.