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This is the expense the company spent on research and development. U.S. Bancorp's research and development for the three months ended in Sep. 2014 was $219 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $853 Mil.
This is the expense the company spent on research and development.
U.S. Bancorp Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 209 (Dec. 2013 ) + 211 (Mar. 2014 ) + 214 (Jun. 2014 ) + 219 (Sep. 2014 ) = $853 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.
U.S. Bancorp Annual Data
|Research & Development||0||0||0||908||673||744||758||821||848||863|
U.S. Bancorp Quarterly Data
|Research & Development||205||214||211||214||0||209||211||214||219||219|