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This is the expense the company spent on research and development. Schlumberger Ltd's research and development for the three months ended in Dec. 2016 was $262 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $1,012 Mil.
This is the expense the company spent on research and development.
Schlumberger Ltd Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 240 (Mar. 2016 ) + 257 (Jun. 2016 ) + 253 (Sep. 2016 ) + 262 (Dec. 2016 ) = $1,012 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.
Schlumberger Ltd Annual Data
|Research & Development||728||819||802||919||1,061||1,153||1,174||1,217||1,094||1,012|
Schlumberger Ltd Quarterly Data
|Research & Development||301||324||267||279||273||275||240||257||253||262|