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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 Dec. 2014 was $152 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2014 was $613 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 Dec. 2014 was 143 (Mar. 2014 ) + 159 (Jun. 2014 ) + 159 (Sep. 2014 ) + 152 (Dec. 2014 ) = $613 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||339||372||426||397||429||462||497||556||613|
Baker Hughes Inc Quarterly Data
|Research & Development||118||127||127||131||142||156||143||159||159||152|