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Freeport-McMoRan Inc (NYSE:FCX)
Research and Development
$92 Mil (TTM As of Jun. 2016)

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. 2016 was $15 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $92 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. 2016 was 32 (Sep. 2015 ) + 26 (Dec. 2015 ) + 19 (Mar. 2016 ) + 15 (Jun. 2016 ) = $92 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Research & Development 0145292900271285210126127

Freeport-McMoRan Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Research & Development 30342933333032261915
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