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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 Mar. 2016 was $240 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $1,067 Mil.
This is the expense the company spent on research and development.
Schlumberger Ltd Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 279 (Jun. 2015 ) + 273 (Sep. 2015 ) + 275 (Dec. 2015 ) + 240 (Mar. 2016 ) = $1,067 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||619||728||819||802||919||1,073||1,168||1,174||1,217||1,094|
Schlumberger Ltd Quarterly Data
|Research & Development||284||309||301||324||267||279||273||275||240||257|