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Freeport-McMoRan Copper & Gold (NYSE:FCX)
Research and Development
$210 Mil (TTM As of Dec. 2013)

This is the expense the company spent on research and development. Freeport-McMoRan Copper & Gold's research and development for the three months ended in Dec. 2013 was $37 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $210 Mil.


Definition

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

Freeport-McMoRan Copper & Gold Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 52 (Mar. 2013 ) + 64 (Jun. 2013 ) + 57 (Sep. 2013 ) + 37 (Dec. 2013 ) = $210 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 Copper & Gold Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Research & Development 00014529200271285210

Freeport-McMoRan Copper & Gold Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Research & Development 7806273797152645737
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