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This is the expense the company spent on research and development. Baxter International Inc's research and development for the three months ended in Dec. 2016 was $157 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $647 Mil.
This is the expense the company spent on research and development.
Baxter International Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 136 (Mar. 2016 ) + 195 (Jun. 2016 ) + 159 (Sep. 2016 ) + 157 (Dec. 2016 ) = $647 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Baxter International Inc Annual Data
|Research & Development||760||868||917||915||946||1,081||582||610||603||647|
Baxter International Inc Quarterly Data
|Research & Development||149||156||143||151||148||161||136||195||159||157|