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Freeport-McMoRan Inc (NYSE:FCX)
Research and Development
$131 Mil (TTM As of Jun. 2015)

This is the expense the company spent on research and development. Freeport-McMoRan Inc's research and development for the three months ended in Jun. 2015 was $36 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2015 was $131 Mil.


Definition

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

Freeport-McMoRan Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2015 was 29 (Sep. 2014 ) + 33 (Dec. 2014 ) + 33 (Mar. 2015 ) + 36 (Jun. 2015 ) = $131 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Freeport-McMoRan Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Research & Development 0014529200271285210126

Freeport-McMoRan Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
Research & Development 52645737303429333336
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