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This is the expense the company spent on research and development. Medtronic PLC's research and development for the three months ended in Jul. 2016 was $556 Mil. Its research and development for the trailing twelve months (TTM) ended in Jul. 2016 was $2,222 Mil.
This is the expense the company spent on research and development.
Medtronic PLC Research & Development for the trailing twelve months (TTM) ended in Jul. 2016 was 545 (Oct. 2015 ) + 546 (Jan. 2016 ) + 575 (Apr. 2016 ) + 556 (Jul. 2016 ) = $2,222 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.
Medtronic PLC Annual Data
|Research & Development||1,239||1,275||1,355||1,460||1,472||1,490||1,557||1,477||1,640||2,224|
Medtronic PLC Quarterly Data
|Research & Development||385||365||374||373||528||558||545||546||575||556|