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GuruFocus has detected 5 Warning Signs with 3M Co $FRA:MMM.
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3M Co (FRA:MMM)
Research and Development
€1,573 Mil (TTM As of Dec. 2016)

This is the expense the company spent on research and development. 3M Co's research and development for the three months ended in Dec. 2016 was €399 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was €1,573 Mil.


Definition

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

3M Co Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 404.094827586 (Mar. 2016 ) + 388.928444286 (Jun. 2016 ) + 380.468680388 (Sep. 2016 ) + 399.089961134 (Dec. 2016 ) = €1,573 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.

3M Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Research & Development 9401,0398871,0841,1931,2451,2521,4361,6181,645

3M Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Research & Development 337354428390382398404389380399
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