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This is the expense the company spent on research and development. Lexmark International Inc's research and development for the three months ended in Sep. 2014 was $87 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $299 Mil.
This is the expense the company spent on research and development.
Lexmark International Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 51.6 (Dec. 2013 ) + 79 (Mar. 2014 ) + 80.9 (Jun. 2014 ) + 87.2 (Sep. 2014 ) = $299 Mil.
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.
Lexmark International Inc Annual Data
|Research & Development||336||371||404||423||375||369||375||369||287||355|
Lexmark International Inc Quarterly Data
|Research & Development||94||84||78||77||80||52||79||81||87||107|