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Cummins Inc (NYSE:CMI)
Research and Development
$655 Mil (TTM As of Sep. 2016)

This is the expense the company spent on research and development. Cummins Inc's research and development for the three months ended in Sep. 2016 was $157 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $655 Mil.


Definition

This is the expense the company spent on research and development.

Cummins Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was 177 (Dec. 2015 ) + 166 (Mar. 2016 ) + 155 (Jun. 2016 ) + 157 (Sep. 2016 ) = $655 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Cummins Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Research & Development 321329422362414629728713754735

Cummins Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Research & Development 179198187195166197177166155157
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