Research and Development expenses of General Electric

General Electric Expenses of Research and Development 2012-2018.

Amounts in millions.

YearTotal R&D expenses ($millions)
2018$ 4,862
2017$ 5,504
2016$ 5,436
2015$ 5,416
2014$ 5,273
2013$ 5,461 
2012$ 5,200 

General Electric's Research and development expenses were $4,862 million dollars in 2018 compared to $5,504 million in 2017. In 2018, out of the total $ 4,862 million that GE spent on research and development, $4,134 million were funded by GE and $ 671  million funded by customers and  $57 million by customers.

GE Annual Reports.