According to ABC News, a new court filing shows the Trump administration paid out a milestone $100 billion in tariff refunds through the end of July — more than half of the $166 billion owed to thousands of American businesses that paid the IEEPA tariffs struck down by the Supreme Court.

Companies from Amazon to small firms report the money has landed in their accounts, ending months of glitches and delays in the repayment process.

The surprise is where the money is going.

Amazon revealed it received a $600 million refund and plans to proactively contact and automatically refund customers who paid higher prices in limited cases, while Apple reported a $2.2 billion refund that CEO Tim Cook pledged to reinvest in U.S. innovation and manufacturing.

But ABC News reports most consumers — who bore the tariffs' cost — are not seeing money back in their pockets, with the Tax Foundation estimating the struck-down tariffs cost the typical household $700 last year and all tariffs combined $1,000.

ABC News reports Walmart suggested in May it will cut prices for shoppers using an estimated $2.4 billion in refunds it is owed, with Costco making a similar pledge; UBS retail analyst Michael Lasser says retailers are funding price investments to be more competitive.

Pepsi's CEO called its refunds "very handy" for offsetting higher oil and gas prices. For small firms, though, the money falls short — Busy Baby founder Beth Benike, who received $50,000 after cutting staff and tapping retirement savings, told ABC News, "A refund isn't the same as being made whole."

The ruling's aftermath is part of a broader legal retreat: Yahoo reports the administration this week dropped two appeals defending a blocked Public Service Loan Forgiveness overhaul, after federal judges sided with states and nonprofits against the "substantial illegal purpose" disqualification rule.

Student Defense attorney Dan Zibel called the rule an attempt to "weaponize" the program, per Yahoo.