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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 Sep. 2015 was $273 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2015 was $1,143 Mil.
This is the expense the company spent on research and development.
Schlumberger Ltd Research & Development for the trailing twelve months (TTM) ended in Sep. 2015 was 324 (Dec. 2014 ) + 267 (Mar. 2015 ) + 279 (Jun. 2015 ) + 273 (Sep. 2015 ) = $1,143 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||506||619||728||819||802||919||1,073||1,153||1,174||1,217|
Schlumberger Ltd Quarterly Data
|Research & Development||293||286||304||284||309||301||324||267||279||273|