The 2022 results among big companies for managing their cash and investments were all over the mark, for a variety of reasons. Take Amazon's $16.8 billion 2022 non-cash loss, not related to any bad bond bets but a big investment stake in electric truck makerFord had a tough 2022 on the "other income" line of its income statement, losing more than $5 billion, according to the company's annual 10-K filing. Ford, which did not respond to a request for comment, reported a $7.
A few miles away from Amazon in suburban Seattle, Microsoft said its "other income" line was basically break even during the second half of 2022 – the first half of the company's fiscal year. The world's largest software company said it lost $6 million in "other income" during the period.