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Medtronic PLC (NYSE:MDT)
Research and Development
$2,224 Mil (TTM As of Oct. 2016)

This is the expense the company spent on research and development. Medtronic PLC's research and development for the six months ended in Oct. 2016 was $554 Mil. Its research and development for the trailing twelve months (TTM) ended in Oct. 2016 was $2,224 Mil.


Definition

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

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Medtronic PLC Research & Development for the trailing twelve months (TTM) ended in Oct. 2016 was $2,224 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.

Medtronic PLC Annual Data

Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16
Research & Development 1,2391,2751,3551,4601,4721,4901,5571,4771,6402,224

Medtronic PLC Semi-Annual Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
Research & Development 365374373528558545546575556554
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