We first accounted for Apple's cash earlier this year. Carl Icahn since mixed it up with the company, and just last week called for more share repurchases. As Apple announces its full-year results, we update our accounting.
Cash as of 9/27/14: $155 billion
Debt as of 9/27/14: $35 billion
Net cash as of 9/27/14: $120 billion ...
You get the idea. We complete the accounting in a current blog post.