Disney on list of companies with most U.S. capital spending in 2011

The building of Cars Land in California and expansion of the New Fantasyland at Walt Disney World, helped The Walt Disney Company rank 17th nationally in a new study examining which companies were investing money in the U.S. in 2011.

Disney with $3 billion, of which $2.3 billion went toward the two theme parks, ranked 17th. AT&T with $20.1 billion ranked No. 1. Comcast, which purchased Universal Studios in 2011, is also on the list at No. 8, spending $5.3 billion.

The Progressive Policy Institute, a public policy think tank promoting the ideas of "New Democrats," constructed a list of the top 25 non-financial U.S.-based companies ranked by their U.S. capital spending in 2011.

PPI said on its website tat it wanted to "highlight those companies that are still investing domestically in buildings, equipment, and software." Using publicly available financial reports PPI created the list.

Here is the complete report.