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This is the expense the company spent on research and development. Baker Hughes Inc's research and development for the three months ended in Jun. 2014 was $159 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $600 Mil.
This is the expense the company spent on research and development.
Baker Hughes Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was 142 (Sep. 2013 ) + 156 (Dec. 2013 ) + 143 (Mar. 2014 ) + 159 (Jun. 2014 ) = $600 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Baker Hughes Inc Annual Data
|Research & Development||0||0||339||372||426||397||429||462||497||556|
Baker Hughes Inc Quarterly Data
|Research & Development||124||128||118||127||127||131||142||156||143||159|