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Y2K Expenditures

JANUARY 1, 2000 EXTRA

January 01, 2000

The global cost of solving the year 2000 computer problem has been estimated as high as $1 trillion, including litigation over possible problems. The U.S. government has been the biggest spender, pouring $8.3 billion into repairing the problem. But many companies and government agencies have spent relatively little fixing the glitch, in part because of their newer equipment or less-complicated systems.


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Sources: SEC filings, government agencies and company reports

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