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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. 2016 was $99 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $422 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. 2016 was 115 (Sep. 2015 ) + 106 (Dec. 2015 ) + 102 (Mar. 2016 ) + 99 (Jun. 2016 ) = $422 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||339||372||426||397||429||462||497||556||613||483|
Baker Hughes Inc Quarterly Data
|Research & Development||143||159||159||152||138||118||115||106||102||99|