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This is the expense the company spent on research and development. Schlumberger NV's research and development for the three months ended in Sep. 2014 was $301 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $1,198 Mil.
This is the expense the company spent on research and development.
Schlumberger NV Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 304 (Dec. 2013 ) + 284 (Mar. 2014 ) + 309 (Jun. 2014 ) + 301 (Sep. 2014 ) = $1,198 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 NV Annual Data
|Research & Development||467||506||619||728||819||802||919||1,073||1,153||1,174|
Schlumberger NV Quarterly Data
|Research & Development||287||291||304||292||293||286||304||284||309||301|