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RESEARCH AND DEVELOPMENT EXPENDITURES
12 Months Ended
Dec. 31, 2016
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 $189 million in 2016, $191 million in 2015 and $197 million in 2014. The Company did not participate in any material customer sponsored research during 2016, 2015 or 2014.