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This is the expense the company spent on research and development. Weatherford International PLC's research and development for the three months ended in Sep. 2014 was $72 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $278 Mil.
This is the expense the company spent on research and development.
Weatherford International PLC Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 62 (Dec. 2013 ) + 69 (Mar. 2014 ) + 75 (Jun. 2014 ) + 72 (Sep. 2014 ) = $278 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.
Weatherford International PLC Annual Data
|Research & Development||84||107||149||169||193||196||216||245||257||265|
Weatherford International PLC Quarterly Data
|Research & Development||64||68||63||67||71||65||62||69||75||72|