In 2023, the Illinois-based manufacturer of machinery and engines Caterpillar incurred expenses for research and development that amounted to around 2.1 billion U.S. dollars. This represents an increase of nearly 16 percent as compared to the previous year.
Caterpillar's expenses for research and development from FY 2007 to FY 2023
(in million U.S. dollars)
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Caterpillar. (February 16, 2024). Caterpillar's expenses for research and development from FY 2007 to FY 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/267811/caterpillars-expenses-for-research-and-development/
Caterpillar. "Caterpillar's expenses for research and development from FY 2007 to FY 2023 (in million U.S. dollars)." Chart. February 16, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/267811/caterpillars-expenses-for-research-and-development/
Caterpillar. (2024). Caterpillar's expenses for research and development from FY 2007 to FY 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/267811/caterpillars-expenses-for-research-and-development/
Caterpillar. "Caterpillar's Expenses for Research and Development from Fy 2007 to Fy 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 16 Feb 2024, https://www.statista.com/statistics/267811/caterpillars-expenses-for-research-and-development/
Caterpillar, Caterpillar's expenses for research and development from FY 2007 to FY 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/267811/caterpillars-expenses-for-research-and-development/ (last visited December 22, 2024)
Caterpillar's expenses for research and development from FY 2007 to FY 2023 (in million U.S. dollars) [Graph], Caterpillar, February 16, 2024. [Online]. Available: https://www.statista.com/statistics/267811/caterpillars-expenses-for-research-and-development/