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This is the expense the company spent on research and development. US Bancorp's research and development for the three months ended in Jun. 2016 was $0 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $233 Mil.
This is the expense the company spent on research and development.
US Bancorp Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 0 (Sep. 2015 ) + 0 (Dec. 2015 ) + 233 (Mar. 2016 ) + 0 (Jun. 2016 ) = $233 Mil.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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.
US Bancorp Annual Data
|Research & Development||0||0||908||673||744||758||821||848||863||887|
US Bancorp Quarterly Data
|Research & Development||0||0||0||214||0||0||0||233||0||0|