A key figure disappeared from Apple Inc.'s latest quarterly report. It's also gone from the regulatory filings of Netflix Inc., Microsoft Corp., Google's Alphabet Inc. and Oracle Corp.

Cash held overseas.

There's nothing rule-breaking about leaving it out—some tax experts say it makes perfect sense —but the move could make it more difficult to gauge whether one of the federal tax changes enacted last year is stoking corporate investment in the United States, as the Trump administration said it would.

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