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RESEARCH AND DEVELOPMENT EXPENDITURES
12 Months Ended
Dec. 31, 2015
RESEARCH AND DEVELOPMENT EXPENDITURES  
RESEARCH AND DEVELOPMENT EXPENDITURES

14. RESEARCH AND DEVELOPMENT EXPENDITURES

 

Research expenditures that relate to the development of new products and processes, including significant improvements and refinements to existing products, are expensed as incurred. Such costs were $191 million in 2015, $197 million in 2014 and $188 million in 2013. The company did not participate in any material customer sponsored research during 2015, 2014 or 2013.