Big Tech Isn't Hiding $1.65T of Debt

# Summary A viral article claiming Big Tech companies are hiding $1.65 trillion in debt conflates future contractual obligations with actual debt. The $1.65 trillion figure combines $821 billion in uncommenced leases and $829 billion in purchase and construction commitments spread over one to 30 years, not hidden borrowings. The companies' actual interest-bearing debt is approximately $430 billion, and all figures were publicly disclosed in SEC filings.