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3M Co (NYSE:MMM)
Research and Development
$1,763 Mil (TTM As of Sep. 2016)

This is the expense the company spent on research and development. 3M Co's research and development for the six months ended in Sep. 2016 was $427 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2016 was $1,763 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. 3M Co Research & Development for the trailing twelve months (TTM) ended in Sep. 2016 was $1,763 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Research & Development 1,5221,3681,4041,2931,4341,5701,6341,7151,7701,763

3M Co Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
Research & Development 448434436463438429433450437427
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