Switch to:
3M Co (NYSE:MMM)
Research and Development
$1,772 Mil (TTM As of Sep. 2014)

This is the expense the company spent on research and development. 3M Co's research and development for the three months ended in Sep. 2014 was $434 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $1,772 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 Sep. 2014 was 438 (Dec. 2013 ) + 452 (Mar. 2014 ) + 448 (Jun. 2014 ) + 434 (Sep. 2014 ) = $1,772 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

3M Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Research & Development 1,1941,2741,5221,3681,4041,2931,4341,5701,6341,715

3M Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Research & Development 408397418430427420438452448434
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK