The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
$700M
FY2024 · ▲ 0.0% vs FY2023
| Fiscal year | Year end | Research and Development Expense, by fiscal year |
|---|---|---|
| FY2024 | Dec 31, 2024 | $700,000,000 |
| FY2023 | Dec 31, 2023 | $700,000,000 |
| FY2022 | Dec 31, 2022 | $800,000,000 |
| FY2021 | Dec 31, 2021 | $1,200,000,000 |
| FY2020 | Dec 31, 2020 | $1,100,000,000 |
| FY2019 | Dec 31, 2019 | $1,253,000,000 |
| FY2018 | Dec 31, 2018 | $1,253,000,000 |
| FY2017 | Dec 31, 2017 | $1,352,000,000 |
| FY2016 | Dec 31, 2016 | $1,248,000,000 |
| FY2015 | Dec 31, 2015 | $1,220,000,000 |
| FY2014 | Dec 31, 2014 | $1,193,000,000 |
| FY2013 | Dec 31, 2013 | $1,150,000,000 |
| FY2012 | Dec 31, 2012 | $1,079,000,000 |
| FY2011 | Dec 31, 2011 | $1,036,000,000 |
| FY2010 | Dec 31, 2010 | $919,000,000 |
| FY2009 | Dec 31, 2009 | $838,000,000 |
| FY2008 | Dec 31, 2008 | $851,000,000 |
| Period | Length | Value | Last reported | Filings |
|---|---|---|---|---|
| Jan 1, 2024 – Dec 31, 2024 | Year | $700,000,000 | Feb 5, 2025 | 1 |
| Jan 1, 2023 – Dec 31, 2023 | Year | $700,000,000 restated; first reported $1,000,000,000 | Feb 5, 2025 | 2 |
| Jan 1, 2022 – Dec 31, 2022 | Year | $800,000,000 restated; first reported $1,100,000,000 | Feb 5, 2025 | 3 |
| Jan 1, 2021 – Dec 31, 2021 | Year | $1,200,000,000 restated; first reported $1,243,000,000 | Feb 7, 2024 | 4 |
| Jan 1, 2020 – Dec 31, 2020 | Year | $1,100,000,000 |
| Feb 8, 2023 |
| 4 |
| Jan 1, 2019 – Dec 31, 2019 | Year | $1,253,000,000 | Apr 26, 2022 | 4 |
| Jan 1, 2018 – Dec 31, 2018 | Year | $1,253,000,000 | Feb 4, 2021 | 3 |
| Jan 1, 2017 – Dec 31, 2017 | Year | $1,352,000,000 restated; first reported $1,335,000,000 | Feb 6, 2020 | 4 |
| Jan 1, 2016 – Dec 31, 2016 | Year | $1,248,000,000 restated; first reported $1,225,000,000 | Feb 7, 2019 | 5 |
| Jan 1, 2015 – Dec 31, 2015 | Year | $1,220,000,000 restated; first reported $1,223,000,000 | May 8, 2018 | 6 |
| Jan 1, 2014 – Dec 31, 2014 | Year | $1,193,000,000 | May 4, 2017 | 5 |
| Jan 1, 2013 – Dec 31, 2013 | Year | $1,150,000,000 | May 17, 2016 | 5 |
| Jan 1, 2012 – Dec 31, 2012 | Year | $1,079,000,000 | Feb 12, 2015 | 5 |
| Jan 1, 2011 – Dec 31, 2011 | Year | $1,036,000,000 | May 15, 2014 | 3 |
| Dec 31, 2010 – Dec 31, 2011 | Year | $1,036,000,000 | May 16, 2013 | 2 |
| Jan 1, 2010 – Dec 31, 2010 | Year | $919,000,000 | Feb 16, 2012 | 3 |
| Dec 31, 2009 – Dec 31, 2010 | Year | $919,000,000 | May 16, 2013 | 2 |
| Jan 1, 2009 – Dec 31, 2009 | Year | $838,000,000 | Feb 16, 2012 | 3 |
| Jan 1, 2008 – Dec 31, 2008 | Year | $851,000,000 | May 26, 2011 | 2 |